Analisis Working Capital Turnover dan Total Asset Turnover Terhadap Financial Distress

This study to analyze and determine effect of net working capital turnover and net total asset turnover on financial distress either partially or simultaneously. The population in this study is the food and beverage sub-sector companies listed on the Indonesia Stock Exchange period 2017-2021 with a sample of 7 companies. The sample selection in this study uses the purposive sampling method where the sample is selected based on predetermined criteria. This study analyzed using descriptive analysis, classical assumption test, T test and F test and multiple linear regression using the Springate model in financial distress. The results of research conducted partially indicate that net working capital turnover has a significant negative effect on financial distress and net total asset turnover has a significant positive effect on financial distress. The results of research conducted simultaneously show that net working capital turnover and net total asset turnover significant effect on financial distress.