PENGARUH PERPUTARAN KAS, PIUTANG DAGANG, PERSEDIAAN BARANG DAGANG TERHADAP LIKUIDITAS PT.PABRIK KERTAS TJIWI KIMIA Tbk.

Abstract

Maintaining liquidity is one of the important things in company that are difficult to resolve. Profit is one indicator of the company, profit can be obtained if the income received by the company is greater than the costs incurred especially in the era of globalization where the company also experiencing an economic crisis in recent years. This study aimed to examine the effect of Cash, Accounts receivable and inventory against Liquidity of the company’s paper mills listed on Bursa Efek Indonesia the period 2010 – 2014. There are three independent variables were examined in this study are cash, account receivable and inventory while liquidity as dependent variable. Data collection techniques used was documentation. Data analysis using descriptive analysis, classical assumption test, multi linear analysis, and hypothesis test usingStatiscal Package for Social Science (SPSS) 20.00 For Ms. Windows program tools. The results showed the magnitude of the predictive ability of cash, account receivable and inventory as independent variable against liquidity is 21,6% whereas 78,4% is influenced by others variables not included in this study based on determination (R2). Simultaneously cash, account receivable and inventory show significant negative effect to liquidity, the test results sig 0,259 and F distribution 1.473. Partial test result t cash significant negative effect with test results sig 0,555 and t is 0,602.