THE INFLUENCE OF RECEIVABLES, CASH ROUND AND COMPANY SIZES ON LIQUIDITY IN PT. ASTRA AGRO LESTARI (PERSERO) Tbk PERIOD 2009-2019

Dona Elvia Desi, SE.MM

Abstract

This study aims to determine the influence and magnitude of the effect of Turnover Receivables, Cash Turnover and Company Size on Liquidity at PT. Astra Agro Lestari, Tbk for the period 2009–2019. By using quantitative descriptive research method secondary data from the financial statements of PT. Astra Agro Lestari, Tbk for the period 2009-2019. The analytical tool used is multiple linear regression and the coefficient of determination and the hypothesis testing used is the t test and the F test. which is not significant between the turnover of accounts receivable on liquidity, there is an insignificant negative effect between the size of the company on liquidity with the magnitude of the effect of 56.44%, 6.78% and -1.37%, respectively. It is recommended to pay more attention to cash and receivables management, because so far there have been fluctuations in the rate of receivables turnover, cash turnover and company size. For this reason, companies are advised to increase sales volume, tighten the terms of accounts receivable financing and provisions on credit restrictions, because the higher the level of sales obtained, it will increase company profits and the company is also expected to be able to maintain the amount of cash efficiently in order to produce a high cash turnover rate