Authors :
Panida Galajak; Naluemon Suttitam; Sanasriri Saesuk
Volume/Issue :
Volume 9 - 2024, Issue 3 - March
Google Scholar :
https://tinyurl.com/4r6cnh75
Scribd :
https://tinyurl.com/yu6x2962
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24MAR1912
Abstract :
This research aims to study and analyze
financial ratios. Analysis of profit quality and analyze
asset management that affects profit quality Industrial
product group in the Stock Exchange of Thailand Sample
group used in the research study is a company registered
on the Stock Exchange of Thailand Industrial products
group from 2020 to 2022, including 3 accounting periods,
90 companies, totaling 270 samples, combining data from
secondary sources, financial statements, annual reports,
and forms. 56-1 The received data was analyzed
statistically according to the research objectives with a
ready-made program. The statistics used to analyze the
data are descriptive statistics, consisting of mean,
standard deviation, minimum, maximum, quantitative
statistics such as analysis of the Pearson correlation
coefficient. and multiple regression analysis.
Important Findings
Inventory turnover rate (IT) is significantly related
to gross profit margin (GPM) at the 0.05 level. Therefore,
the two variables were analyzed to find the relationship
between the variables with the Correlate command. It
was found that the turnover rate of Inventory (IT) has a
value of .162 which is negative. The results can be
interpreted as Inventory turnover rate (IT) is related to
gross profit margin (GPM) and is related in the opposite
direction, and asset turnover rate (TAT) is significantly
related to return on assets ratio (ROA). At the level of
0.05, the two variables were then analyzed to find the
relationship between the variables with the Correlate
command. It was found that the asset turnover rate
(TAT) was equal to .258, which is a positive value. The
results can be interpreted as the current ratio (CR) is
related to the return on assets ratio (ROA) and is related
in the same direction.
Keywords :
Asset Management, Profit Quality and Industrial Product Group.
This research aims to study and analyze
financial ratios. Analysis of profit quality and analyze
asset management that affects profit quality Industrial
product group in the Stock Exchange of Thailand Sample
group used in the research study is a company registered
on the Stock Exchange of Thailand Industrial products
group from 2020 to 2022, including 3 accounting periods,
90 companies, totaling 270 samples, combining data from
secondary sources, financial statements, annual reports,
and forms. 56-1 The received data was analyzed
statistically according to the research objectives with a
ready-made program. The statistics used to analyze the
data are descriptive statistics, consisting of mean,
standard deviation, minimum, maximum, quantitative
statistics such as analysis of the Pearson correlation
coefficient. and multiple regression analysis.
Important Findings
Inventory turnover rate (IT) is significantly related
to gross profit margin (GPM) at the 0.05 level. Therefore,
the two variables were analyzed to find the relationship
between the variables with the Correlate command. It
was found that the turnover rate of Inventory (IT) has a
value of .162 which is negative. The results can be
interpreted as Inventory turnover rate (IT) is related to
gross profit margin (GPM) and is related in the opposite
direction, and asset turnover rate (TAT) is significantly
related to return on assets ratio (ROA). At the level of
0.05, the two variables were then analyzed to find the
relationship between the variables with the Correlate
command. It was found that the asset turnover rate
(TAT) was equal to .258, which is a positive value. The
results can be interpreted as the current ratio (CR) is
related to the return on assets ratio (ROA) and is related
in the same direction.
Keywords :
Asset Management, Profit Quality and Industrial Product Group.
