The Influence of Capital Structure, Receivables Turnover, Inventory Turnover and Profitability on Profit Quality (Study of Pharmaceutical Sub-Sector Companies on the Indonesian Stock Exchange for the 2019-2023 Period)
Pengaruh Struktur Modal, Perputaran Piutang, Perputaran Persediaan dan Profitabilitas Terhadap Kualitas Laba (Studi Pada Perusahaan SubSektor Farmasi di Bursa Efek Indonesia Periode 2019-2023)
DOI:
https://doi.org/10.21070/ups.6757Keywords:
Capital Structure, Inventory Turnover, Profitability, Earnings Quality, Receivable TurnoverAbstract
This study aims to determine the effect of capital structure, accounts receivable turnover, inventory turnover and profitability on earnings quality. This study uses a quantitative method. The object of this study is pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2023 period. The sampling technique used the purposive sampling method so that 45 companies met the criteria. The analysis technique used in this study is multiple linear regression. The results of the study show that: (1) Capital structure, accounts receivable turnover, inventory turnover and profitability show a simultaneous effect on earnings quality, (2) Capital structure affects earnings quality, (3) Accounts receivable turnover affects earnings quality, (4) Inventory turnover does not affect earnings quality and (4) Profitability affects earnings quality in pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange in 2019-2023.To improve earnings quality, companies must consider capital structure, receivable turnover, inventory turnover, and good profitability.
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