Pengaruh manajemen modal kerja terhadap profitabilitas perusahaan manufaktur di Bursa Efek Indonesia
P Penelitian ini bertujuan untuk mengetahui pengaruh aggressive financing policy, aggressive investment policy, cash conversion cycle, inventory conversion period, receivable collection period, account payable period, ukuran perusahaan, pertumbuhan penjualan, rasio hutang terhadap gross operating income. Data penelitian menggunakan laporan keuangan perusahaan yang terdaftar di Bursa Efek Indonesia sebanyak 96 perusahaan manufaktur sebagai sampel dengan periode penelitian dari tahun 2012-2016. Metode penelitian ini menggunakan analisis regresi berganda dan uji hipotesis. Dari hasil penelitian menunjukkan bahwa aggressive investment policy berpengaruh positif terhadap gross operating income, cash conversion cycle, receivable collection period , account payables period berpengaruh negatif terhadap gross operating income, pertumbuhan penjualan berpengaruh positif terhadap gross operating income, rasio hutang berpengaruh negatif terhadap gross operating income, aggressive financing policy, inventory conversion perio, ukuran perusahaan tidak berpengaruh terhadap gross operating income.
T The research is aimed to examine the influence of aggressive financing policy, aggressive investment policy, cash conversion cycle, inventory conversion period, receivable collection period, account payables period, firm size, sales growth, debt ratio of the gross operating income. Data were obtained use the financial statements of listed companies in Indonesia Stock Exchange of 96 manufacturing companies use sample with year study period from 2012 to 2016. The method use multiple regression analysis and test model. The results showed that the variable aggressive investment policy has a significant positive effect on gross operating income. Cash conversion cycle, receivables collection period, account payable period has a significant negative effect on gross operating income. Sales growth has a significant positive effect on gross operating income. Debt ratio has a significant negative effect on gross operating income. Aggressive financing policy, inventory conversion period, firm size not significant effect on gross operating income.