{"id":8406,"date":"2024-07-30T11:41:15","date_gmt":"2024-07-30T11:41:15","guid":{"rendered":"https:\/\/seybold-report.com\/?page_id=8406"},"modified":"2024-07-30T12:05:14","modified_gmt":"2024-07-30T12:05:14","slug":"hersugondo-hersugondo","status":"publish","type":"page","link":"https:\/\/seybold-report.com\/index.php\/hersugondo-hersugondo\/","title":{"rendered":"Hersugondo Hersugondo"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"8406\" class=\"elementor elementor-8406\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9f943ca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9f943ca\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-989a1ec\" data-id=\"989a1ec\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-13826e4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"13826e4\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c3f25d2\" data-id=\"c3f25d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b8ef10d elementor-widget elementor-widget-text-editor\" data-id=\"b8ef10d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h5><strong>TITLE:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/h5><p><a href=\"https:\/\/seybold-report.com\/\"><strong>THE EFFECT OF WORKING CAPITAL TURNOVER (WCT), CASH CONVERSION CYCLE (CCC), FIRM SIZE, SALES GROWTH AND LONG TERM DEBT (LTD) ON PROFITABILITY<\/strong><\/a><\/p><p><strong>\u00a0<\/strong><strong>AUTHORS:\u00a0 \u00a0 \u00a0<\/strong><\/p><p><strong>Andriyani Andriyani<\/strong><strong>, Endang Triwidyarti<\/strong><strong>, <\/strong><strong>Krismonika Hidayat<\/strong><strong>,<\/strong> <strong>Hersugondo Hersugondo<\/strong><\/p><p><strong>DOI<\/strong>:\u00a0<a href=\"https:\/\/doi-ojs.org\/10-511-77-1711\/\"> 10.5110\/77. 1711\u00a0 \u00a0<\/a> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<strong>Page:\u00a0 \u00a0214-223<\/strong>\u00a0 \u00a0 \u00a0\u00a0<strong>\u00a0Vol:<\/strong> 19\u00a0 \u00a0 <strong>Issue:<\/strong> 07\u00a0 <strong>Year:<\/strong> 2024<\/p><p><img decoding=\"async\" class=\"alignnone wp-image-3235\" src=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png\" alt=\"creative commons, cc, character-785334.jpg\" width=\"26\" height=\"26\" srcset=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png 300w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-1022x1024.png 1022w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-150x150.png 150w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-768x769.png 768w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334.png 1278w\" sizes=\"(max-width: 26px) 100vw, 26px\" \/>\u00a0 \u00a0<img decoding=\"async\" class=\"alignnone size-medium wp-image-1242\" src=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-300x14.png\" alt=\"\" width=\"300\" height=\"14\" srcset=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-300x14.png 300w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-768x36.png 768w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616.png 900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p><p><strong>ABSTRACT<\/strong><\/p><p>The purpose of this study was to test and analyze empirically the effect of working capital turnover (WCT), cash conversion cycle (CCC), firm size, sales growth and long term debt (LTD) on profitability. The object of this research is Indonesian companies listed on the Indonesia Stock Exchange for the period 2019-2023. Sampling using purposive sampling method, where there are 265 companies that meet the criteria. Panel data regression processed using Eviews 12 software. In the model selection test, the Fixed Effect Model was selected as the best model in the test. The results of this study indicate that working capital turnover (WCT), firm size and long term debt have a significant effect on profitability. While cash conversion cycle (CCC) and sales growth do not have a significant effect on profitability. However, the cash flow control variable has a significant effect on profitability, while firm age has no significant effect on profitability.<\/p><p><strong>\u00a0<\/strong><strong>Keywords:<\/strong><\/p><p>working capital turnover, cash conversion cycle, firm size, sales growth, long term debt, cash flow, firm age<\/p><p><a href=\"#\"><strong>Received<\/strong>:<\/a> 05 July 2024<\/p><p><a href=\"#\"><strong>Accepted:<\/strong><\/a> 21 July 2024<\/p><p><a href=\"#\"> <strong>Published:<\/strong><\/a> 30 July 2024<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3364c29 elementor-widget elementor-widget-button\" data-id=\"3364c29\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2024\/07\/Hersugondo-Hersugondo632.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-file-pdf\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">PDF<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>TITLE:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 THE EFFECT OF WORKING CAPITAL TURNOVER (WCT), CASH CONVERSION CYCLE (CCC), FIRM SIZE, SALES GROWTH AND LONG TERM DEBT (LTD) ON PROFITABILITY \u00a0AUTHORS:\u00a0 \u00a0 \u00a0 Andriyani Andriyani, Endang Triwidyarti, Krismonika Hidayat, Hersugondo Hersugondo DOI:\u00a0 10.5110\/77. 1711\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0Page:\u00a0 \u00a0214-223\u00a0 \u00a0 \u00a0\u00a0\u00a0Vol: 19\u00a0 \u00a0 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/seybold-report.com\/index.php\/hersugondo-hersugondo\/\"> <span class=\"screen-reader-text\">Hersugondo Hersugondo<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-8406","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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