Receivables Turnover, Cash Turnover, and Sales Growth against Liquidity in Cosmetics Sector Companies Listed On the Indonesia Stock Exchange

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 07

Abstract

This study aims to determine the Effect of Receivables Turnover, Cash Turnover, and Sales Growth on Liquidity in Cosmetics Sector Companies Listed on the Indonesia Stock Exchange. The data collection technique in this study uses secondary data with the population of manufacturing companies in the cosmetics sector listed on the IDX totaling 7 companies. The sampling technique uses purposive sampling, which is as many as 6 companies. The analytical test tools used in testing this study are classical assumptions, hypothesis testing, and linear regression tests. The results of the study show that the turnover of receivables has no effect on the company's liquidity. This means that every increase in receivables turnover is not followed by liquidity; Cash turnover affects the company's liquidity. This means that the availability of sufficient cash can increase the company's liquidity; Sales growth has no effect on the company's liquidity. This means that the increase in sales growth is not necessarily followed by liquidity and; simultaneously, receivables turnover, cash turnover, and sales growth affect the company's liquidity.

Authors and Affiliations

Hais Dama , Selvi , Sri Vany Hairun,

Keywords

Related Articles

Challenges in Managing Cross-Cultural Dynamics: An Insight from Indian White-Collar Workforce in Global Work Environment

Globalization is playing a major role in the business expansion and improvement. Managing cross-cultural dynamics has become a critical challenge for businesses. This study explores the challenges faced by the Indian whi...

Psychosocial Work Environment and Employees’ Performance in Nigerian Oil and Gas Firms

This study investigated the effect of psychosocial work environment on the performance of employees of eight (8) oil and gas firms in Nigeria. Survey research design was used and questionnaire was the major data collecti...

Effect of Earning Per Share, Debt to Equity Ratio and Cash Ratio to the Dividend Payout Ratio

Investors in investing certainly expect benefits in the form of dividends. To find out how much the amount of dividends that can be distributed to investors, the company must know percentage of the dividend payout ratio....

The Impact of Competence, Accountability, Professional Skills, and Professional Skepticism on Audit Quality with Time Budget Pressure as a Moderating Variable

The objective of this study is to examine the influence of auditor competence, accountability, professional skepticism, and professionalism on the audit quality of public accounting firms in North Jakarta. The aim of thi...

Performance Analysis of Mulyasari Village Office Employees, Ciampel District, Karawang Regency

Mulyasari Village, Ciampel District, Karawang Regency became the location of this research. The purpose of this study was to determine the performance of Mulyasari Village office employees. This study used a qualitative...

Download PDF file
  • EP ID EP740259
  • DOI 10.47191/jefms/v7-i7-27
  • Views 43
  • Downloads 0

How To Cite

Hais Dama, Selvi, Sri Vany Hairun, (2024). Receivables Turnover, Cash Turnover, and Sales Growth against Liquidity in Cosmetics Sector Companies Listed On the Indonesia Stock Exchange. Journal of Economics, Finance and Management Studies, 7(07), -. https://europub.co.uk/articles/-A-740259