THE EFFECT OF TOTAL ASSETS TURNOVER, CASH TURNOVER AND RECEIVABLES TURNOVER ON PROFITABILITY IN PT. ASTRA AGRO LESTARI

Abstract

This study aims to analyze the effect of total asset turnover, cash turnover and accounts

receivable turnover on profitability. From the research results, it is found that (1) Total asset

turnover partially does not have a significant effect on profitability at PT. Astra Agro Lestari

Tbk. (2) Cash turnover partially has no significant effect on profitability at PT. Astra Agro

Lestari Tb, (3) Accounts receivable turnover partially has no significant effect on profitability at

1. Astra Agro Lestari Tbk. The subject of this research is PT. Astra Agro Lestari Tbk itself, and

the object of research is Total Asset Turnover (X1), Cash Turnover (X2), Accounts Receivable

Turnover (X3), and Profitability (Y). Data were collected by document recording method and

then analyzed using multiple linear regression analysis using SPSS.