THE EFFECT OF WORKING CAPITAL TURNOVER, FIRM SIZE, LEVERAGE, AND TOTAL ASSET TURNOVER ON PROFITABILITY IN THE PROPERTY & REAL ESTATE SECTOR IN INDONESIA

Abstract

The research aims to analyze the influence of Working Capital Turnover (WCT), Firm Size (FS), Leverage, Total Asset Turnover (TATO), and Profitability (ROA) on the Property & Real Estate sector listed on the Indonesia Stock Exchange (BEI) for the 2019-2022 period. The data collection technique used purposive sampling and obtained a total of 72 companies. Data were analyzed using Panel Data Regression using E-Views 10. The research results found that the TATO variable had a positive and significant effect on profitability. While WCT, Firm Size, and Leverage did not have a significant effect on profitability. This condition shows that the higher the asset turnover, the higher the resulting profitability.