Pengaruh Rasio Keuangan Sebagai Penentu Profitabilitas Pada Perusahaan Sektor Industrial Yang Terdaftar Di Bursa Efek Indonesia
Abstract
This research aims to examine the influence of Inventory Turnover Ratio (ITO), Receivable Turnover Ratio (RTO), and Total Asset Turnover Ratio (TATO) on Profitability (GPM) in companies in the Industrial sector listed on the Indonesia Stock Exchange period 2019-2021. The research data can be accessed by visiting the official website www.idx.co.id. The sampling method employed in this research is purposive sampling, resulting in a sample of 21 companies and 63 observed samples. Data analysis technique in this research uses the Panel Data Regression method with the assistance of Eviews software. The research findings indicate that ITO variable has no significant effect on profitability. RTO variable has a positive significant effect on profitability. Meanwhile, TATO variable has a negative and significant effect on Profitability in the Industrial sector listed on the Indonesia Stock Exchange.
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Keywords: GPM, ITO, RTO and TATO
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