THE EFFECT OF WORKING CAPITAL TURNOVER, TURNOVERCASH, RECEIVABLES TURNOVER ON PROFITABILITY WITH DIVIDEND POLICY AS A MODERATION VARIABLE IN CHEMICAL SUB-SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE 2020-2023 PERIOD

Each company is established for an unlimited period of time or according to the company's ability maintain viability its activities. To realize this, must optimize achievement profits in order activities, both short and long term. Profit indicator a performance, continuously increasing profit growth can give positive signal company. With that grow positively, it hoped will be able increase profits. The purpose this research was analyze effect working capital turnover, cash accounts receivable turnover profitability dividend policy as moderation variables chemical sub-sector companies listed on Indonesia Stock Exchange 2020-2023. sample used entire population 11 companies. In research, sampling technique non-probability with taken saturated (census). method uses associative quantitative approach analysis Partial Least Square (PLS) techniques SmartPLS Version 4.0 program. results state variable has significant profitability. Cash Turnover impact Profitability. Receivable