Pengaruh Total Assets Turnover, Return On Assets, Pertumbuhan Penjualan, dan Inventory Turnover terhadap Harga Saham Perusahaan Publik Sub Sektor Tekstil yang terdaftar di Bursa Efek Indonesia Tahun 2019-2023

Abstract

This study aims to determine the effect of Total Asset Turnover, Return On Asset, Sales Growth, and Inventory Turnover on Stock Prices in Textile Sub-Sector Public Companies Listed on the Indonesia Stock Exchange for the Period 2019-2023. This research is a causal associative study and the type of data used is quantitative data. The data used are obtained from the audited financial statements of companies on the Indonesia Stock Exchange during the study period. The analysis method used is descriptive statistical analysis and multiple linear regression of panel data. The population of this study is Public Companies in the Textile Sub-Sector Listed on the Indonesia Stock Exchange for the 2019-2023 period totaling 20 companies. The sample in this study was 19 companies with the sampling technique used was purposive sampling. The results of this study indicate that Total Asset Turnover has a positive and significant effect on Stock Prices in Public Companies in the Textile Sub-Sector Listed on the Indonesia Stock Exchange, Return on Asset has a positive and insignificant effect on Stock Prices in Public Companies in the Textile Sub-Sector Listed on the Indonesia Stock Exchange, Sales Growth has a positive and insignificant effect on Stock Prices in Public Companies in the Textile Sub-Sector Listed on the Indonesia Stock Exchange, and Inventory Turnover has a positive and insignificant effect on Stock Prices in Public Companies in the Textile Sub-Sector Listed on the Indonesia Stock Exchange.