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Scirj, Volume I
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Scirj Volume I, Issue I, August 2013 Edition
ISSN: 2201-2796

Assets Effectiveness on Profitability of Manufacture Industry Listed on Indonesia Stock Exchange Years 2010-2011

Agus Zainul Arifin, Novia Edwiana Paimanta

Abstract This research was conducted to determine influence of working capital toward firm’s performance. The subjects of this research were all of the companies in the manufacturing industry its listed on The Indonesia Stock Exchange from 2010 until 2011. The objects in this research were Cash Conversion Cycle (CCC), Current Ratio (CR), Net Working Capital Turnover (NWCT), and Return on Assets (ROA). The aim of this research was find the influence of Cash Conversion Cycle (CCC), Current Ratio (CR), Net Working Capital Turnover (NWCT), and Return on Assets (ROA)on the framework of the firm theory. The analysis used multiple line arregression method. Sampling was conducted with purposive sampling method with Ordinary Least Squares (OLS) test. This study used analysis tool of the ordinary Least square (OLS) models. This tool used to test the influence Cash Conversion Cycle (CCC), Current Ratio (CR), Net Working Capital Turnover (NWCT), and Return on Assets (ROA)as proxy of the firm performance. The result of the research in partially indicates were cash conversion cycle (CCC) influence negative effect on the return on assets (ROA), Current ratio (CR) and net working capital turnover (NWCT) influence positive effect on the return on assets (ROA).All variables together have influence on the return on assets (ROA).

Reference this Paper: Assets Effectiveness on Profitability of Manufacture Industry Listed on Indonesia Stock Exchange Years 2010-2011 by Agus Zainul Arifin, Novia Edwiana Paimanta published at: "Scientific Research Journal (Scirj), Volume I, Issue I, August 2013 Edition, page 1-6".

Search Terms: Profitability of manufacturing industry in Indonesia, asset effectiveness on profitability of manufacturing industry

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