This is an outdated version published on 2024-11-21. Read the most recent version.

The Effect of Gross Profit, Operating Profit, and Net Profit in Predicting Future Cash Flows

Authors

  • Suryaningtyas Gusti Pratiwi University of Muhammadiyah Semarang
  • Fatmasari Sukesti University of Muhammadiyah Semarang
  • Ayu Noviani Hanum University of Muhammadiyah Semarang

Keywords:

Gross Profit, Operating Profit, Net Profit, Cash Flow

Abstract

This study was conducted to determine gross profit, operating profit and net profit to cash flow in manufacturing companies in the consumption sector listed on the Indonesia Stock Exchange in 2017-2022. In this study, the sampling technique used is non-probability sampling with the technique taken, namely purposive sampling. The population in this study is all Manufacturing Companies in the Consumer Goods Industry Sector Listed on the Indonesia Stock Exchange in 2017 – 2022. The results of the F test were obtained from the three variables simultaneously on cash flow with a significance of 0.003 where the three variables of Gross Profit, Net Profit and Operating Profit simultaneously had a positive effect on cash flow in the future.

References

Alamsyah, A. A., & Askandar, N. S. (2019). The Effect of Gross Profit, Operating Profit, and Net Profit in Predicting Future Cash Flow (Empirical Study of Manufacturing Companies on the Indonesia Stock Exchange). E-Jra, 08(01), 53–64.

Agustin, R., Nurcahyono, N., Sinarasri, A., & Sukesti, F. (2023). Financial Ratio and Stock Returns in Indonesia Equity Markets : A Signaling Theory Approach. International Conference on Business, Accounting, Banking, and Economics, 277–292. https://doi.org/10.2991/978-94-6463-154-8

Alfitri, D. N., Nugroho, W. S., & Nurcahyono, N. (2022). The Effect of Environment Performance, Capital Structure, and Company Size on Financial Performance. MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang, 12(2), 175. https://doi.org/10.26714/mki.12.2.2022.175-184

Ambarwati, D., & Nurcahyono, N. (2022). The Influence of Capital Structure, Information Technology, and Business Characteristics on SMEs’ Performance During the COVID-19 Outbreak. Islamic Banking, Accounting and Finance International Conference, 2022, 218–226.

Anisa, O. N., Agung, R. E. W., & Nurcahyono, N. (2022). Faktor-Faktor yang Mempengaruhi Harga Saham: Berdasarkan Signaling Theory. Jurnal Akuntansi Indonesia, 11(2), 85–95.

A’yun, A. Q., Hanum, A. N., & Nurcahyono, N. (2022). Pengaruh Struktur Modal , Likuiditas , dan Ukuran Perusahaan terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Intervening Harga Saham Perusahaan Food and Beverage 2017-2021. Prosiding Seminar Nasional UNIMUS, 5, 408–419.

Azzahra, N., Sofianty, D., & Nurcahyono, N. (2023). Pengaruh Kesadaran Wajib Pajak dan Pengetahuan Pajak terhadap Kepatuhan Wajib Pajak Orang Pribadi. Bandung Conference Series: Accountancy, 3(1), 1–13. https://doi.org/10.29313/bcsa.v3i1.5853

Carolina, C., Rahmatul Ikhlas, F., & Higher School of Economics Sakti Alam Kerinci, S. (2020). The Effect of Gross Profit, Operating Profit, and Net Profit in Predicting Future Cash Flow An Empirical Study on Manufacturing Companies in the Industrial Sector Listed on the Stock Exchange in 2016-2020. STIE Sakti Alam Kerinci Profita, 2(1), 2020.

Daris, I. P., Maemunah, M., & Purwandari, D. (2022). The Effect of Gross Profit and Net Profit on Cash Flow in Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange (Period 2012-2016). Journal of Management & Accounting Students, 01(03), 255–272.

Febriani, I., & Sherlita, E. (2022). The influence of gross profit, operating profit and net profit as predictors of future cash flows. Journal of Business and Economic Accounting ..., 8(1), 2282–2290. https://journal.widyatama.ac.id/index.php/jabe/article/view/1032

Irawan, C. (2021). The Effect of Net Profit, Operating Cash Flow and Inventory in Predicting Future Cash Flows in the Basic and Chemical Industry Sector in the 2018-2020 Bei. Journal of Trends Economics and Accounting ..., 1(4), 147–15. https://journal.fkpt.org/index.php/jtear/article/view/151%0Ahttps://journal.fkpt.org/index.php/jtear/article/download/151/230

Koeswardhana, G. (2020). Analyze the ability of gross profit, operating profit and net profit to predict future cash flows. Journal of Information System, Applied, Management, Accounting and Research, 4(1), 1–8.

Kotor, P. L., Operation, L., Profit, D. A. N., In, B., Current, M., Di, K. A. S., & Hasan, W. A. (2019). UPCOMING Case Study on LQ 45 Companies Listed on the IDX. 2, 204–222.

Khansa, L., Nugroho, W. S., & Nurcahyono, N. (2022). The Effect of Liquidity, Leverage, Profitability and Firm size on Financial Distress with GCG as a Moderation Variable. MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang, 12(2), 143. https://doi.org/10.26714/mki.12.2.2022.143-153

Khasanah, L., Nugroho, W. S., & Nurcahyono, N. (2022). The Effect of Liquidity, Leverage, Company Size and Fixed Asset Intensity on Tax Aggressiveness. MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang, 12(2), 154. https://doi.org/10.26714/mki.12.2.2022.154-163

Khasanah, S. N. U., & Nurcahyono, N. (2021). Capacity, Pengaruh Operating Growth, Sales Dan, Arus K A S Terhadap, Leverage Distress, Financial. Jurnal Sustainable, 2(2), 357–371.

Kristiana, I., Nurkatik, & Nurcahyono, N. (2021). The effect of sak emkm-based accounting implementation, accounting knowledge, education level, and revenue on msme taxpayer compliance in reporting its tax obligations during the covid-19 pandemic. Universal Journal of Accounting and Finance, 9(6), 1422–1432. https://doi.org/10.13189/ujaf.2021.090620

Kristianingrum, A., Sukesti, F., & Nurcahyono, N. (2022). Pengaruh Mekanisme Good Corporate Governance, Kinerja Keuangan, dan Struktur Modal terhadap Pengungkapan Sustainability Report. Prosiding Seminar Nasional UNIMUS, 5, 432–444.

Nurcahyani, A., & Nurbaeti. (2021). Analysis of the Regional Financial Performance in Banten Province's Regencies and Cities for Efficiency and Effectiveness. Tsarwah: Journal of Islamic Economics and Business, 6(2), 22–36.

Nurcahyono, N., & Hanum, A. N. (2023). Determinants of Academic Fraud Behavior: The Perspective of the Pentagon Fraud Theory. Lawang Sewu International Conference, 163–177. https://doi.org/10.2991/978-2-38476-078-7_18

Nurcahyono, N., Hanum, A. N., Kristiana, I., & Pamungkas, I. D. (2021). Predicting fraudulent financial statement risk: The testing dechow f-score financial sector company inindonesia. Universal Journal of Accounting and Finance, 9(6), 1487–1494. https://doi.org/10.13189/ujaf.2021.090625

Nurcahyono, N., Hanum, A. N., & Sinarasri, A. (2023). Does Board Diversity and Financial Ratio Predict the Risk of Financial Distress ?? International Conference on Business, Accounting, Banking, and Economics, April 2020, 337–348. https://doi.org/10.2991/978-94-6463-154-8

Nurcahyono, N., Hanum, A. N., & Sukesti, F. (2021). COVID 19 Outbreak and Stock Market Return: Evidence from Indonesia. Jurnal Dinamika Akuntansi Dan Bisnis, 8(1), 47–58. https://doi.org/10.24815/jdab.v8i1.18934

Nurcahyono, N., Hariadi, B., & Mardiati, E. (2019). The Effect of Work Loads on Employee Performance With Job Satisfaction As A Mediation Variable. Journal of Business Management and Economic Research, 3(8), 40–49. https://doi.org/10.29226/tr1001.2019.147

Nurcahyono, N., & Ifada, L. M. Determinants of Goverment Financial Statement Quality Likelihood in Indonesian. Jurnal ASET (Akuntansi Riset), 16(1), 121-136

Nurcahyono, N., & Kristiana, I. (2019). Pengaruh Corporate Social Responsibility (CSR) Terhadap Agresivitas Pajak: Studi Empiris pada Perusahaan Pertambangan yang Terdaftar di BEI Tahun 2017. MAKSIMUM: Media Akuntansi Universitas Muhammadiyah Semarang, 9(1), 12. https://doi.org/10.26714/mki.9.1.2019.12-19

Nurcahyono, N., & Purwanto, D. (2024). COVID-19 and the stock Market Crash: Evidence from Indonesia COVID-19 и крах фондового рынка: данные по Индонезии. Finance: Theory and Practice, 28(3), 120–130. https://doi.org/10.26794/2587-5671-2024-28-3-120-130

Nurcahyono, N., & Sinarasri, A. (2023). Earnings Management as an Finance Strategy for Company Image. Jurnal Proaksi, 10(3), 337–351. https://doi.org/10.32534/jpk.v10i3.4476

Nurcahyono, N., Sinarasri, A., Pamungkas, I. D., & Hanum, A. N. (2023a). May intellectual capital and corporate governance reduce the probability of financial distress? Contaduria y Administracion, 70(1), 97–121. https://doi.org/10.22201/fca.24488410e.2025.5169

Nurcahyono, N., Sinarasri, A., Pamungkas, I. D., & Hanum, A. N. (2023b). May intellectual capital and corporate governance reduce the probability of financial distress? Contaduria y Administracion, 70(1), 97–121. https://doi.org/10.22201/fca.24488410e.2025.5169

Nurcahyono, N., Sinarasri, A., Pamungkas, I. D., & Hanum, A. N. (2023c). May intellectual capital and corporate governance reduce the probability of financial distress? Contaduria y Administracion, 70(1), 97–121. https://doi.org/10.22201/fca.24488410e.2025.5169

Nurlita, R. R., Nugroho, T. R., & Ainiyah, N. (2019). The Effect of Gross Profit, Operating Profit and Net Profit to Predict Future Cash Flow in Food & Beverages Companies Listed on the Stock Exchange for the Period 2015 – 2017. Journal of Financial Accounting, 13.

Nursya'adah, D. (2020). Predictive analysis of gross profit, operating profit, net profit, operating cash flow, changes in receivables, changes in receivables, changes in inventory and changes in depreciation expense on future operating cash flows. Prisma (Accounting Student Research Platform), 1(1), 120–135. https://ojs.stiesa.ac.id/index.php/prisma

Purwanti, Y. (2022). The Effect of Gross Profit, Operating Profit and Net Profit on Future Cash Flow Predictions (Study on Manufacturing Companies Listed on the Indonesia Stock Exchange). Tambusai Education Journal, 6(3), 13945–13952. https://doi.org/10.31004/jptam.v6i3.4822

Rifky, A. M., Haris, P., & Suzan, L. (2021). Pengaruh Laba Kotor, Laba Operasi, Dan Laba Bersih Terhadap Prediksi Arus Kas Di Masa Mendatang the Effect of Gross Profit, Operating Profit, and Net Profit on the Future Prediction of Cash Flows. E-Proceedings of Management, 8(5), 1–10. www.idx.co.id

Rispayanto, S. (2013). The Effect of Gross Profit, Operating Profit, Net Profit and Operating Cash Flow in Predicting Future Operating Cash Flow (Empirical Study on Manufacturing Companies Listed on the IDX). Journal of Accounting, 1(3), 1–29. https://ejournal.unp.ac.id/students/index.php/akt/article/viewFile/673/430

Sari, & Supriati. (2020). Influencing factors (Empirical Study of Consummer Good Industry Companies listed on the IDX). Indonesian College of Economics, 1–19.

Situmeang, D. (2022). The Effect of Gross Profit, Operating Profit and Net Profit in Predicting Future Cash Flow in Manufacturing Companies. COMSERVA Indonesian Journal of Community Services and Development, 2(6), 551–563. https://doi.org/10.59141/comserva.v2i6.379

Spence, Michael. 1973. Job Market Signaling. The Quarterly Journal of Economics, Vol. 87, No. 3. (Aug., 1973), pp. 355-374.

Ulum, S. (2020). The Influence of Gross Profit, Operating Profit and Net Profit in Predicting Future Cash Flow in Food & Beverages Companies Listed on the Stock Exchange for the 2015-2018 Period. 1, 1–16. http://repository.unim.ac.id/id/eprint/366

Wibowo, K. A. (2020). Transformation of Islamic financial literacy in the Member of BMT in Indonesia through community development MKU methods. Islamic Financial Literacy Book.

Downloads

Published

2024-07-27 — Updated on 2024-11-21

Versions

How to Cite

Pratiwi, S. G. ., Sukesti, F. ., & Hanum, A. N. . (2024). The Effect of Gross Profit, Operating Profit, and Net Profit in Predicting Future Cash Flows. Economics and Business International Conference Proceeding, 1(2), 931–940. Retrieved from https://jurnalnew.unimus.ac.id/index.php/EBiC/article/view/505 (Original work published July 27, 2024)

Most read articles by the same author(s)