The Effect of Accounts Receivable and Inventory on Profits in Large Trading Subsector Companies Listed on the Indonesian Stock Exchange in 2017-2021
Main Article Content
Amelia Juwita
Wahyu Indah Mursalini*
Nurhayati
Eka Hendrayani
The main aim of this study is to investigate how accounts receivable and inventory influence the profitability of companies in the Large Trade subsector that are listed on the Indonesia Stock Exchange between 2017 and 2021. A total of 47 companies were examined in this research, with 16 companies chosen for the sample using purposive sampling. Quantitative data was employed for the analysis. The results indicated that there was no significant relationship between accounts receivable and profits, as the t-value of -0.154 was found to be lower than the t-table of 1.771, with a significance level of 0.878 > 0.05. Hence, the theory concerning accounts receivable was disapproved in this investigation. Conversely, stock was discovered to have a considerable effect on earnings with a t-value of 1.830, surpassing the t-table of 1.771, and significance level of 0.032 < 0.05, leading to the affirmation of the theory concerning inventory. Additionally, upon inspecting both accounts receivable and inventory together, there was a notable combined impact on earnings, as indicated by an F-value of 1.719 > F-table 1.611 and a significance of 0.018 < 0.05. Consequently, the hypothesis pertaining to the simultaneous influence of both variables on profit was acknowledged. The research equally found that about 23% of the variability in profit can be clarified by accounts receivable and inventory, whereas the other 77% is affected by unexplored factors like earnings manipulation, stock prices, and financial management proficiency.
Dzakiroh, A., Roza, S., & Sriyanti, E. (2023). Pengaruh Perputaran Modal Kerja dan Perputaran Persediaan terhadap Profitabilitas pada Perusahaan Plastik dan Kemasan Periode 2018-2021 yang Terdaftar di Bursa Efek Indonesia (BEI). Jurnal Publikasi Sistem Informasi Dan Manajemen Bisnis (JUPSIM), 2(1), 93–101.
Kasmir. (2015). Analisis Laporan Keuangan. PT Raja Grafindo Persada.
Kurniawati, W. (2023). Pengaruh ukuran perusahaan dan leverage terhadapkualitas laba pada perusahaan makanan dan minuman yang terdaftar di bursa efek indonesia pada tahun 2019-2022. Jurnal Riset Manajemen, 1(2), 109–119.
Kusmayadi, D., Rudiana, D., & Badruzaman, J. (2015). Good Coorporate Governance (I. Firmansyah (ed.)). LPPM Universits Siliwangi.
Maghfira, A., Putri, A. G., Listianto, A. N., Putri, G., & Astuti, A. P. (2022). Presentation of the Financial Statements of Non-Profit Entities Based on ISAK 35 at the Hati Gembira Indonesia Foundation. MARGINAL : JOURNAL OF MANAGEMENT, ACCOUNTING, GENERAL FINANCE AND INTERNATIONAL ECONOMIC ISSUES, 1(4). https://doi.org/10.55047/marginal.v1i4.233
Mursalini, W. I., Oktaviani, A., & Sriyanti, E. (2023). Pengaruh Current Ratio, Debt To Equity Ratio, dan Net Profit Margin terhadap Pertumbuhan Laba (Studi Kasus pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2018-2020). Jurnal Penelitian Ekonomi Manajemen Dan Bisnis (JEKOMBIS), 2(1), 66–83.
Mursalini, W. I., Putri, D. R. O., & Nasrah, R. (2023). Analisis Prediksi Kebangkrutan Menggunakan Model Springate (S-Score) Pada Perusahaan Sub Sektor Ritel Di Bursa Efek Indonesia 2016-2020. GEMILANG: Jurnal Manajemen Dan Akuntansi, 3(1), 1–20. https://doi.org/10.56910/gemilang.v3i1.297
Mursalini, W. I., Susanti, S. D., & Nurhayati, N. (2024). Faktor-faktor yang Mempengaruhi Pertumbuhan Laba (Studi pada Perusahaan Sub Sektor Rokok yang Terdaftar di Bursa Efek Indonesia Periode 2013-2020). Jurnal Pendidikan Tambusai, 8(2), 19361–19370. https://doi.org/10.32487/jshp.v6i2.1482
Salmawati. (2022). Analisis Kinerja Keuangan Berbasis Ratio Pada PT Telekomunikasi Indonesia TBK Yang Terdaftar Di Bursa Efek Indonesia Sebelum Dan Selama Pandemi Covid-19.
Surenjani, D., Mursalini, W. I., & Yeni, A. (2023). Pengaruh Pertumbuhan Ekonomi dan Harga Saham terhadap Pertumbuhan Laba pada Perusahaan Pertambangan Sub Sektor Logam dan Mineral yang Terdaftar di Bursa Efek Indonesia. Jurnal Penelitian Ekonomi Manajemen Dan Bisnis (JEKOMBIS), 2(1), 158–175.
