Journal of Management Information and Decision Sciences (Print ISSN: 1524-7252; Online ISSN: 1532-5806)

Abstract

Sales, operating cost and moderating effect of working capital on net profit of Indonesian consumer goods manufacturers

Author(s): Hasanuh, N., Sulistiyo, H., Suartini, S., Manda, G. S., & Sugiharti, H.

The purpose of this study is to examine the influence of moderating effect of working capital in the influences of sales and operating cost on net profit. The population is the consumer goods manufacturers listed in Indonesia Stock Exchange (IDX) period 2015-2017. Sample selection method used purposive sampling and obtained 23 consumer goods manufacturers. This research used secondary data that obtained from the annual financial statement of manufacturing sector in IDX. Data analysis is conducted through regression analysis by utilizing the Moderation of Absolute Difference Method using software SPSS version 22. The result showed that partially, the variables of sales and operating cost have a positive and significant effect on net profit. This study empirically proves that working capital is a moderating variable capable of moderating the influence of the sales and operating cost variables on net profit in manufacturing companies.

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