EFFECT OF CASH, RECEIVABLES, INVENTORY, CAPITAL AND FIXED ASSETS TURNOVER ON LIQUIDITY

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Published: Jun 7, 2021
DOI: https://doi.org/10.22216/jit.v15i2.202
Keywords:
Cash Turnover, Receivable Turnover, Inventory Turnover, Working Capital Turnover, and Fixed Asset Turnover

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Wirda Lilia
Universitas Prima Indonesia
Rismawantri Regita Risma
universitas prima indonesia
Maria Sonti Friska Manullang
Universitas Prima Indonesia

Abstract

This study aims to determine the effect of cash turnover, receivable turnover, inventory turnover, working capital turnover and fixed assets turnover on liquidity in textile and garment companies listed on the Indonesia Stock Exchange in 2016-2019. Liquidity is measured using the current ratio.  The sampling technique uses purposive sampling with certain criteria and obtained 17 companies with 4 years observation. And used multiple linear regression.  The result of this study showed that the simultaneous test of cash turnover, receivable turnover, inventory turnover, working capital turnover, and fixed assets turnover have a significant effect on towards liquidity. Partially individual cash turnover has a positive and insignificant effect, while receivable turnover and fixed assets turnover have a negative and insignificant effect on liquidity. The variable inventory turnover has a positive and significant effect and capital turnover has a negative and significant effect on liquidity in textile and garment companies listed on the Indonesia Stock Exchange in 2016-2019.

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How to Cite
Lilia, W. ., Risma, R. R., & Sonti Friska Manullang, M. . (2021). EFFECT OF CASH, RECEIVABLES, INVENTORY, CAPITAL AND FIXED ASSETS TURNOVER ON LIQUIDITY . Jurnal Ipteks Terapan, 15(2), 148–158. https://doi.org/10.22216/jit.v15i2.202
Issue
Vol. 15 No. 2 (2021): Vol. 15 No. 2 (2021): Jurnal Ipteks Terapan ( Research of Applied Science and Education )
Section
Applied Computer Science
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