Analisis Tingkat Pengaruh Perputaran Kas Terhadap Profitabilitas

Abstract

The purpose of this study was to determine the effect of cash turnover on profitability - at KARMILA Fresh Milk Company. The type of research used is descriptive quantitative research. The data used in this study are primary data obtained directly from the company. And secondary data obtained from journals, the internet or other media that support this research. Data analysis techniques in this study using correlation analysis and simple regression analysis.From the results of data analysis, the results of the study show that the results obtained from the correlation between the cash turnover level variable and profitability is the correlation value r = 0.17, this means that there is a positive and weak relationship between cash turnover and profitability. If the cash turnover rate increases, the profitability of the company will also increase. Likewise vice versa if the cash turnover rate decreases, profitability will also decrease. And from the correlation calculation it can also be seen that the coefficient of determination = 2.89%. So the variable cash turnover affects profitability of 2.89% and the remaining 97.11% is influenced by other factors not formulated in this study.From a simple regression analysis, the equation Y = 0.51 + 0.00103X is obtained. The Y equation is obtained from the value of a = 0.51 and the value of b = 0.00103. If the cash turnover rate (X) isincreased or lowered by one unit then profitability (Y) will follow up or down as well as the value of b = 0.00103 units. The conclusion of the results of this study is that by using quantitative analysis it is really proven that the cash turnover rate can affect profitability in KARMILA Fresh Milk Company even though it is very weak.