PENGARUH STRUKTUR MODAL, PERPUTARAN PIUTANG, DAN UKURAN PERUSAHAAN TERHADAP KINERJA KEUANGAN PERUSAHAAN MANUFAKTUR

Abstract

This study analyzes the influence of capital structure, accounts receivable turnover, and company size on the financial performance of manufacturing companies in the food and beverage subsector listed on the Indonesia Stock Exchange for the 2020-2024 period. Using a quantitative approach with census method, data from 12 companies were analyzed through multiple linear regression. The results reveal that capital structure and accounts receivable turnover have a positive and significant effect on financial performance, while company size shows a negative and insignificant effect. Simultaneously, the three variables have a significant influence with a determination coefficient of 24%. These findings provide practical implications for management in financial decision making and theoretical contributions to the development of corporate finance literature