Factors Influencing Profitability in Food and Beverage companies listed on the indonesian Stock Exchange Period 2020-2022

Abstract

This research aims to determine the influence of accounts receivable turnover, inventory turnover, and working capital on profitability in Food and Beverage companies listed on the Indonesia Stock Exchange for the 2020-2022 period. This type of research uses quantitative methods with a causal associative approach. The population in this research is all food and beverage companies listed on the Indonesia Stock Exchange for the 2020-2022 period. The purposive sampling technique was used to obtain 108 samples. The analysis technique used was multiple linear regression, which was processed using the SPSS version 29 program. The research results show that partially (1) Receivables turnover has no significant effect on profitability. (2) Inventory turnover has no significant effect on profitability. (3) Working capital turnover has a significant effect on profitability. (4) simultaneously, accounts receivable turnover, inventory turnover, and working capital have a significant effect on profitability.