THE EFFECT OF RECEIVABLES TURNOVER EFFECTIVENESS ON ECONOMIC RENTABILITY IN PT. YAMAHA FINANCE IN JAKARTA, INDONESIA

Abstract

This study aims to determine the effect of Receivables Turnover Effectiveness on Economic
Profitability at PT. Yamaha Finance in Jakarta. The method used is explanatory research. The
analysis technique uses statistical analysis with regression testing, correlation, determination, and
hypothesis testing. The results of this study the Effectiveness of Accounts Receivable Turnover
variables obtained an average value of 45.34%. The Economic Rentability variable obtained an
average value of 44.22%. The Effectiveness of Receivable Turnover has a positive and
significant effect on Economic Profitability with a regression equation value of Y = 23,600 +
1,496X, and a correlation coefficient of 0.750 or has a strong relationship with a determination
value of 56.3%. Hypothesis testing obtained significance 0,000 <0.05.