Effect of Working Capital Turnover on Operating Profit on PT. Holcim Indonesia, Tbk

This research is about the Effect of Working Capital Turnover on Operating Profit at PT. Holcim Indonesia, Tbk for a period of 6 years, so the samples were taken in the form of financial statement data from 2014 - 2019 using financial report data on the Company's Working Capital Turnover and Operating Profit. In this study the researchers used the theory of Sarwono (2005: 95), this research aims to determine the significant and positive influence between Working Capital Turnover and Operating Profit at PT. Holcim Indonesia Tbk. The method used in this research is ex post facto by taking secondary data from PT. Holcim Indonesia Tbk period 2014 - 2019 and the analysis of the influence using regression analysis, correlation, coefficient of determination and hypothesis testing using t test. The results of this study show a correlation value (r) of 0.543 or 29.48%, this means that the influence of Working Capital Turnover on operating income is quite strong and the nature of the relationship is positive, meaning that if the value of Working Capital Turnover increases, resulting in operating profit will increase. The regression equation for Working Capital Turnover towards Operating Profit is if the working capital turnover is 0 X (times), - the magnitude of the Company's operating profit. 55.969%, which means that if the working capital turnover is 0 X (times / no turnover), - the operating profit at the company is 55.969%%, and the regression coefficient x is 15.185% indicating that each increase in Working Capital 1X (times), it will increase the Company's operating profit by 55.969%, - (due to a positive sign).