Description:
The purpose of this study is to analyze effect of working capital, asset management, and
sales growth on profitability. The research uses multiple linear regression method and also
descriptively to detect any obstacles faced by the company in managing working capital, asset
management, sales growth, and profitability. This study used secondary data sourced from
financial statements of stevedoring company, PT Mitra Sentosa Abadi for the period 2018-
2020. The independent variables that tested in a row are using working capital turnover, total
asset turnover, sales growth ratio, and the dependent variable is return on asset.
The results showed that the working capital variable was negative (-0.001) with a
significance value of 0.087 on profitability, asset management was positive (0.653) with a
significance value of 0.000 on profitability, and sales growth was negative (-0.003) with a
significance value of 0.408 on profitability. Significance value was set at 0.05. This study shows
that partially only asset management variables have a positive and significant effect on
profitability. Meanwhile, simultaneously the variables of working capital, asset management,
and profitability have an effect on profitability with a coefficient of determination (R2) of 0.721.
Suggestions and implications for management are to ensure that heavy equipment productivity
is align with cost efficiency, so the resulting revenue are getting better quality.
Key word : working capital (working capital turnover), asset management (total asset
turnover), sales growth (sales growth ratio), profitability (return on asset)
URL:
https://www.alfufauzan.my.id/uploads/Bab_I,II,III_Darti_Indriyani_20722302.pdf
Type:
SKRIPSI
Document:
Magister Manajemen
Date:
30-11--0001
Author:
Darti Indriyani_20722302