PENGARUH PERPUTARAN KAS, PERPUTARAN PIUTANG TERHADAP RETURN ON ASSSETS (ROA) PADA PT. INDOCEMENT TUNGGAL PRAKARSA TBK

Abstract

This research is done in PT. Indocement Tunggal Prakarsa Tbk. This company is engaged in cement production and also produce concrete, manage aggregate and tras mine. Types of this research is in form of descriptive research with case study in PT.Indocement Tunggal Prakarsa Tbk and the research object is to know the influence of cash turnover and accounts receivable turnover return on assets(ROA). Data which has been collected is secondary data from Indonesia Stock Exchange (IDX) with total sample of 10 and the sample is analyzed using the SPSS version 20.0. Research results shows that cash turnover has no significant effect to Return on Assets (ROA) in PT.Indocement Tunggal Prakarsa Tbk, this can be seen from the test results which shows that the significant value is 0.378 greater from the profitability value of 0.05 or tcount < ttable (-942 < 2.306). Accounts receivable has a significant effect to Return on Assets (ROA) in PT. Indocement Tunggal Prakarsa Tbk, this can be  seen from the results which shows that the significant value is 0.000 less than the value of profitability value of 0.05 or tcount > ttable (8.030 > 2.306). Cash Turnover and Accounts Receivable Turnover have a significant effect to Return on Assets (ROA) in PT.Indocement Tunggal Prakarsa Tbk, this can be seen from F test results, which Fcount is 36.721 and Ftable is 5.32 with significant value of 0.000 or Fcount > Ftable = 36.721>5.32.