The Model of Heavy Industries Profitability
Main Article Content
Abstract
The purpose of this study was to analyze the influence of cash turnover, receivebles turnover and sales on profitability of Astra International registered on Indonesian Stock Exchange within the time span of eight years (2011 to 2018). Methods of data analysis using the classic assumption test, multiple linear regression analysis, F test, and t test. The Finding of this study were cash turnover, receivable turnover,and sales have a simultaneously affect on profitability of Firm, Whereas the two variables, cash turnover and sales had a partially positive affect on profitability of Firm, Meanwhile receivable turnover had a partially negative affect on profitability of Firm. The implication of this study to the firm in facing challenging business conditions is to implement cost efficiency programs that emphasize various innovative steps and at the same time focus on the availability of distribution support, ease of access and guaranteed product and service quality for customers.
Downloads
Metrics
Article Details
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.