Pengaruh Perputaran Piutang Dan Rasio Hutang Terhadap Tingkat Pengembalian Aset Pada Perusahaan Manufaktur Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Periode 2018-2022

Abstract

This research aims to analyze the influence of two financial factors, namely Receivables Turnover and Payables Turnover on the rate of return on assets or Return on assets (ROA) in companies in the food and beverage industry in the 2018-2022 period. This research methodology uses an analytical approach with secondary data obtained from financial reports from a number of companies in the industry during the period studied. Data were analyzed using the regression method to identify the relationship between variables, namely Receivables Turnover and Payables Turnover as independent variables and ROA as the dependent variable. The results of the analysis show that Receivables Turnover does not have a significant impact on ROA, with a significant value of 0.745>0.05, so H0 is accepted. Debt Turnover is proven to have a significant influence on ROA. The significant value for the debt turnover variable is 0.000, where this value is smaller than the 0.05 significant level. and in this research, Receivables Turnover and Payables Turnover simultaneously influence the Company's ROA value due to the significant influence of variable factors X1 and X2. The results of this research provide further understanding of how certain financial factors can influence financial performance by understanding the relationship between Receivables Turnover, Payables Turnover, and ROA.