THE IMPACT OF CURRENT RATIO, RECEIVABLE TURNOVER AND TOTAL ASSETS TURNOVER ON ROA AT TELECOMMUNICATION SUB-SECTOR COMPANIES REGISTERED IN BEI YEAR 2009-2017

Abstract

The purpose of this research study is to examine and analyze the effect of the current ratio, receivable turnover, and total asset turnover on ROA. The data used in this research is secondary data, which is acquired from the financial statements of the telecommunication sub-sector companies that has been registered in the Bursa Efek Indonesia (BEI) or the Indonesian Stock Exchange consistently from 2009 to 2017 with the used of purposive sampling method. The sample is consists of four telecommunication sub-sectors that are listed in Bursa Efek Indonesia. The analytical tool used is multiple regression analysis. The results showed that the current ratio had a significant positive effect on ROA and total asset turnover had a significant positive effect on ROA, while the receivable turnover had no effect on ROA.