{"id":12858,"date":"2021-01-06T14:38:22","date_gmt":"2021-01-06T06:38:22","guid":{"rendered":"https:\/\/\/?p=12858"},"modified":"2023-04-11T09:33:54","modified_gmt":"2023-04-11T01:33:54","slug":"what-is-cash-conversion-cycle","status":"publish","type":"post","link":"https:\/\/\/what-is-cash-conversion-cycle\/","title":{"rendered":"\u4ec0\u9ebc\u662f\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff1f\u516c\u5f0f\u5982\u4f55\u8a08\u7b97\u3001\u67e5\u8a62\u3001\u6578\u503c\u9ad8\u4f4e\u4ee3\u8868\u4ec0\u9ebc\uff1f"},"content":{"rendered":"<!-- \/367108978\/Rich01_PC_up_728x90 -->\n\t<div class='div-gpt-ad-css' id='div-gpt-ad-1564472272479-0' style='width: 728px; height: 90px;'>\n\t  <script>\n\t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1564472272479-0'); });\n\t  <\/script>\n\t<\/div><p><img decoding=\"async\" class=\"alignnone wp-image-39098 size-full\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220714024357_32.jpg\" alt=\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\" width=\"1557\" height=\"815\" srcset=\"https:\/\/\/wp-content\/uploads\/20220714024357_32.jpg 1557w, https:\/\/\/wp-content\/uploads\/20220714024357_32-1536x804.jpg 1536w\" sizes=\"(max-width: 1557px) 100vw, 1557px\" \/><\/p>\n<p>\u4e00\u9593\u516c\u53f8\u5f9e\u8cb7\u539f\u6599\u5230\u7d93\u904e\u751f\u7522\uff0c\u8b8a\u6210\u5b58\u8ca8\u5230\u5e02\u5834\u8ce3\u51fa\u4e26\u8f49\u63db\u70ba\u61c9\u6536\u5e33\u6b3e\uff0c<br \/>\n\u6700\u5f8c\u6536\u56de\u73fe\u91d1\u4f86\u652f\u4ed8\u61c9\u4ed8\u5e33\u6b3e\u7684\u904e\u7a0b\uff0c\u9019\u4e00\u6574\u500b\u5faa\u74b0\u7a31\u70ba\uff1a<strong>\u73fe\u91d1\u5faa\u74b0\u9031\u671f<\/strong>\uff0c\u6216\u662f<strong>\u73fe\u91d1\u8f49\u63db\u5faa\u74b0<\/strong>(Cash Conversion Cycle)\u3002<\/p>\n<p>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u9019\u500b\u8ca1\u52d9\u6307\u6a19\uff0c\u53ef\u4ee5\u7528\u4f86\u8a55\u4f30\u516c\u53f8\u6574\u9ad4\u7684\u71df\u904b\u548c\u7ba1\u7406\u6548\u7387\uff0c<br \/>\n\u7576\u61c9\u6536\u5e33\u6b3e\u8207\u5b58\u8ca8\u6578\u5b57\u51fa\u73fe\u7570\u5e38\u8b8a\u52d5\u6642\uff0c\u4e5f\u53ef\u4ee5\u5e6b\u52a9\u6211\u5011\u63d0\u65e9\u767c\u73fe\u91d1\u6d41\u7684\u98a8\u96aa\u3002<\/p>\n<p><!--more--><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">\u672c\u6587\u5e02\u5834\u5148\u751f\u6703\u544a\u8a34\u4f60\uff1a<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-66124319a5ae9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-66124319a5ae9\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=/index.html"https:\/\/\/what-is-cash-conversion-cycle\/#%E4%BB%80%E9%BA%BC%E6%98%AF%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%EF%BC%9F\" title=\"\u4ec0\u9ebc\u662f\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u4ec0\u9ebc\u662f\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=/index.html"https:\/\/\/what-is-cash-conversion-cycle\/#%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%E8%A8%88%E7%AE%97%E5%85%AC%E5%BC%8F%EF%BC%9F\" title=\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u8a08\u7b97\u516c\u5f0f\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u8a08\u7b97\u516c\u5f0f\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=/index.html"https:\/\/\/what-is-cash-conversion-cycle\/#%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%E6%95%B8%E5%80%BC%E9%AB%98%E4%BD%8E%E4%BB%A3%E8%A1%A8%E4%BB%80%E9%BA%BC%EF%BC%9F\" title=\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6578\u503c\u9ad8\u4f4e\u4ee3\u8868\u4ec0\u9ebc\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6578\u503c\u9ad8\u4f4e\u4ee3\u8868\u4ec0\u9ebc\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=/index.html"https:\/\/\/what-is-cash-conversion-cycle\/#%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%E5%A6%82%E4%BD%95%E6%9F%A5%E8%A9%A2%EF%BC%9F\" title=\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u5982\u4f55\u67e5\u8a62\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u5982\u4f55\u67e5\u8a62\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=/index.html"https:\/\/\/what-is-cash-conversion-cycle\/#%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F_%E5%BF%AB%E9%80%9F%E9%87%8D%E9%BB%9E%E6%95%B4%E7%90%86%EF%BC%9A\" title=\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f \u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u73fe\u91d1\u5faa\u74b0\u9031\u671f \u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E4%BB%80%E9%BA%BC%E6%98%AF%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%EF%BC%9F\"><\/span>\u4ec0\u9ebc\u662f\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<blockquote><p><strong>\u73fe\u91d1\u5faa\u74b0\u9031\u671f = <\/strong>\u516c\u53f8\u5f9e\u4ed8\u51fa\u73fe\u91d1\uff0c\u4e00\u76f4\u5230\u6536\u56de\u73fe\u91d1\u6240\u9700\u7684\u5e73\u5747\u6642\u9593\u3002<\/p><\/blockquote>\n<p>\u73fe\u91d1\u5faa\u74b0\u9031\u671f(\u82f1\u6587\uff1aCash Conversion Cycle , CCC)\u53c8\u7a31\u70ba\u73fe\u91d1\u8f49\u63db\u5faa\u74b0\uff0c\u7528\u4f86\u8861\u91cf\u516c\u53f8\u6bcf\u9805\u6295\u8cc7\u5728\u751f\u7522\u548c\u92b7\u552e\u904e\u7a0b\u4e2d\uff0c\u7d93\u904e\u591a\u4e45\u7684\u6642\u9593(\u5929)\u624d\u88ab\u8f49\u5316\u70ba\u6536\u5230\u7684\u73fe\u91d1\u3002<\/p>\n<p>\u9019\u500b\u6307\u6a19\u80fd\u8b93\u516c\u53f8\u8a55\u4f30\u51fa\u9700\u8981\u591a\u5c11\u6642\u9593\u4f86\u92b7\u552e\u5eab\u5b58\u3001\u591a\u5c11\u6642\u9593\u6536\u53d6\u61c9\u6536\u5e33\u6b3e\uff0c\u4ee5\u53ca\u591a\u5c11\u6642\u9593\u4f86\u652f\u4ed8\u61c9\u4ed8\u5e33\u6b3e\u3002<\/p>\n<p>\u767d\u8a71\u4e00\u9ede\u4f86\u8aaa\uff0c\u5c31\u662f<strong>\u516c\u53f8\u5f9e\u4ed8\u51fa\u73fe\u91d1\u5230\u6536\u5230\u73fe\u91d1\u6240\u9700\u7684\u5e73\u5747\u6642\u9593\u3002<\/strong><\/p>\n<p>\u4f8b\u5982A\u516c\u53f8\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u662f20\u5929\uff0c\u4ee3\u8868A\u516c\u53f8\u9700\u898120\u5929\u624d\u80fd\u5c07\u73fe\u91d1\u8b8a\u6210\u5b58\u8ca8(\u4ed8\u51fa\u73fe\u91d1)\u7136\u5f8c\u518d\u5c07\u73fe\u91d1\u6536\u56de(\u6536\u5230\u73fe\u91d1)\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-50587\" src=/index.html"https:\/\/\/wp-content\/uploads\/20230411093111_5.jpg\" alt=\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\" width=\"1329\" height=\"696\" \/><\/p>\n<p>\u6ce8\u610f\uff0c\u9019\u4e0d\u662f\u4e00\u500b\u5be6\u969b\u7cbe\u78ba\u7684\u6578\u5b57\uff0c\u800c\u662f\u4e00\u500b\u6982\u4f30\u503c\uff0c\u8ca1\u52d9\u4e0a\u6211\u5011\u85c9\u7531\u89c0\u5bdf\u9019\u500b\u6982\u4f30\u503c\u7684\u4e0a\u4e0b\u8b8a\u52d5\uff0c\u4f86\u5224\u65b7\u516c\u53f8\u8ca1\u52d9\u662f\u5426\u6709\u7570\u5e38\u3002<\/p>\n<p>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u9069\u7528\u65bc\u9ad8\u5ea6\u4f9d\u8cf4\u5eab\u5b58\u7ba1\u7406\u548c\u76f8\u95dc\u696d\u52d9\u7684\u7279\u5b9a\u90e8\u9580\uff0c\u8209\u4f8b\u4f86\u8aaa\uff0c\u96f6\u552e\u696d\u3001FMCG\u5feb\u901f\u6d88\u8cbb\u54c1\u7522\u696d\u3001\u88fd\u9020\u696d\u7b49\u7b49\uff0c\u9019\u4e9b\u90fd\u662f\u53d7\u5b58\u8ca8\u5eab\u5b58\u3001\u61c9\u6536\u5e33\u6b3e\u5f71\u97ff\u8f03\u5927\u7684\u7522\u696d\u3002<\/p>\n<p>\u4f8b\u5982\uff1a\u50cfCOSTCO\u3001P&amp;G\u3001Unilever\u3001Zara\u7b49\u7b49\u9019\u4e9b\u6d88\u8cbb\u578b\u7684\u516c\u53f8\uff0c\u5c31\u9700\u8981\u5341\u5206\u6ce8\u91cd\u9019\u4e9b\u5468\u8f49\u6307\u6a19\u3002<\/p>\n<p>\u900f\u904e\u9019\u6307\u6a19\u6709\u52a9\u65bc\u8a55\u4f30\u516c\u53f8\u71df\u904b\u548c\u7ba1\u7406\u6548\u7387\uff0c\u5982\u679c\u6578\u503c\u5728\u591a\u500b\u6642\u671f\u5167\u5448\u73fe\u4e0b\u964d\u6216\u7a69\u5b9a\u7684\u8da8\u52e2\u662f\u4e00\u500b\u597d\u7684\u8de1\u8c61\u3002<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%E8%A8%88%E7%AE%97%E5%85%AC%E5%BC%8F%EF%BC%9F\"><\/span>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u8a08\u7b97\u516c\u5f0f\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<blockquote><p><strong>\u73fe\u91d1\u5faa\u74b0\u9031\u671f = \u5b58\u8ca8\u5468\u8f49\u5929\u6578(DIO) + \u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u5929\u6578(DSO) \u2013 \u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u5929\u6578(DPO)<\/strong><\/p>\n<p>\u5176\u4e2d\uff1a<\/p>\n<p>\u5b58\u8ca8\u5468\u8f49\u5929\u6578 DIO<strong> =<\/strong> 365\u5929 \u00f7 (\u71df\u696d\u6210\u672c\u00f7\u5e73\u5747\u5b58\u8ca8)<br \/>\n\u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u5929\u6578 DSO<strong> = <\/strong>365\u5929 \u00f7\u00a0 (\u92b7\u8ca8\u6de8\u984d\u00f7\u5e73\u5747\u61c9\u6536\u5e33\u6b3e)<br \/>\n\u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u5929\u6578 DPO<strong> =<\/strong> 365\u5929 \u00f7 (\u92b7\u8ca8\u6210\u672c\u00f7\u5e73\u5747\u61c9\u4ed8\u5e33\u6b3e)<\/p><\/blockquote>\n<p>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u7531\u61c9\u6536\u5e33\u6b3e\u3001\u5b58\u8ca8\u5468\u8f49\u3001\u61c9\u4ed8\u5e33\u6b3e\u7b49\u5e7e\u500b\u5143\u7d20\u69cb\u6210\uff1a<\/p>\n<ul>\n<li><span style=\"font-size: 16px;\"><strong><a href=/index.html"https:\/\/\/what-is-inventory-turnover\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u5b58\u8ca8\u5468\u8f49\u5929\u6578 DIO<\/a>\uff1a<\/strong>\u8861\u91cf\u5b58\u8ca8\u7684\u92b7\u552e\u901f\u5ea6\uff0c\u6b21\u6578\u8d8a\u77ed\u8d8a\u597d\uff0c\u8868\u793a\u5b58\u8ca8\u92b7\u552e\u7684\u901f\u5ea6\u66f4\u5feb\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong><a href=/index.html"https:\/\/\/receivables-turnover-ratio\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u5929\u6578 DSO<\/a>\uff1a<\/strong>\u516c\u53f8\u56de\u6536\u5e33\u6b3e\u6240\u9700\u7684\u5929\u6578\uff0c\u5929\u6578\u8d8a\u4f4e\u8d8a\u597d\uff0c\u4ee3\u8868\u516c\u53f8\u80fd\u66f4\u5feb\u5730\u6536\u56de\u5e33\u6b3e\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong><a href=/index.html"https:\/\/\/what-is-accounts-payable-turnover-ratio\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u5929\u6578 DPO<\/a>\uff1a<\/strong>\u516c\u53f8\u652f\u4ed8\u61c9\u4ed8\u5e33\u6b3e\u5e73\u5747\u6240\u82b1\u7684\u5929\u6578\uff0c\u6578\u5b57\u8d8a\u5927\u4ee3\u8868\u516c\u53f8\u6709\u8f03\u9577\u7684\u6642\u9593\u4f86\u652f\u4ed8\u6b20\u6b3e\u3002<\/span><\/li>\n<\/ul>\n<p>\u7b97\u51fa\u4ee5\u4e0a3\u500b\u6307\u6a19\u5f8c\uff0c\u5c07\u5b83\u52a0\u6e1b\uff0c\u5c31\u80fd\u8a08\u7b97\u516c\u53f8\u7684\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff0c\u9019\u500b\u6578\u503c\u8d8a\u77ed\u4ee3\u8868\u73fe\u91d1\u8f49\u63db\u901f\u5ea6\u8d8a\u5feb\uff0c\u751a\u81f3\u53ef\u4ee5\u662f\u8ca0\u6578\uff0c<br \/>\n\u53cd\u4e4b\u6578\u503c\u8d8a\u5927\uff0c\u4ee3\u8868\u6536\u56de\u73fe\u91d1\u901f\u5ea6\u8d8a\u6162\uff0c\u516c\u53f8\u53ef\u80fd\u5c31\u5b58\u5728\u8457\u5f88\u5927\u7684\u8cc7\u91d1\u6210\u672c\u3002<\/p>\n<p>\u5b58\u8ca8\u7ba1\u7406\u3001\u92b7\u552e\u3001\u61c9\u4ed8\u5e33\u6b3e\u662f\u516c\u53f8\u76843\u5927\u95dc\u9375\u8981\u7d20\uff0c\u5982\u679c\u5176\u4e2d\u4efb\u4f55\u4e00\u9805\u7ba1\u7406\u4e0d\u5584\u5c31\u6703\u56b4\u91cd\u5f71\u97ff\u516c\u53f8\uff0c<br \/>\n\u900f\u904e\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u80fd\u770b\u51fa\u516c\u53f8\u5229\u7528\u77ed\u671f\u8cc7\u7522\u548c\u8ca0\u50b5\u7522\u751f\u73fe\u91d1\u7684\u6548\u7387\uff0c<br \/>\n\u80fd\u8861\u91cf\u516c\u53f8\u5728\u73fe\u91d1\u7ba1\u7406\u65b9\u9762\u7684\u8ca1\u52d9\u5065\u5eb7\u72c0\u6cc1\uff0c\u6709\u52a9\u65bc\u8a55\u4f30\u8207\u516c\u53f8\u7d93\u71df\u6709\u95dc\u7684\u6d41\u52d5\u6027\u98a8\u96aa\u3002<\/p>\n<blockquote><p><strong>\u5e02\u5834\u5148\u751f\u63d0\u9192\uff1a<\/strong><\/p>\n<p>\u5f9e\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u8a08\u7b97\u516c\u5f0f\u4f60\u53ef\u4ee5\u767c\u73fe\uff0c\u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u5929\u6578\u3001\u61c9\u8ca0\u5e33\u6b3e\u9031\u8f49\u5929\u6578\u3001\u5b58\u8ca8\u9031\u8f49\u5929\u6578\uff0c<br \/>\n\u9019\u4e9b\u6578\u64da\u55ae\u7368\u770b\u90fd\u6709\u610f\u7fa9\uff0c\u4f46\u6574\u5408\u5728\u4e00\u8d77\u770b\uff0c\u5247\u53ef\u4ee5\u53e6\u5916\u89c0\u5bdf\u5230\u516c\u53f8\u91d1\u6d41\u7684\u5168\u8c8c\uff0c\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u7684\u6838\u5fc3\u50f9\u503c\u5c31\u5728\u65bc\u6b64\u3002<\/p>\n<p>\u53e6\u5916\u5f9e\u8a08\u7b97\u516c\u5f0f\u4e2d\u4e5f\u80fd\u770b\u51fa\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6709\u7f3a\u9677\uff0c<br \/>\n\u5c31\u662f\u5be6\u969b\u4e0a \u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u5929\u6578\u3001\u5b58\u8ca8\u5468\u8f49\u5929\u6578\u3001\u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u5929\u6578\uff0c\u4e09\u8005\u96d6\u7136\u90fd\u662f\u5929\u6578\uff0c\u4f46\u5206\u5b50\u5206\u6bcd\u5dee\u7570\u5f88\u591a\uff0c<br \/>\n\u6bd4\u65b9\u8aaa\uff0c\u67d0\u9805\u76ee\u7b97\u51fa\u4f86\u662f10\u5929\uff0c\u53ef\u80fd\u662f\u5e7e\u767e\u5104\u5143\u9664\u4ee5\u5e7e\u5341\u5104\u5143\u3002<\/p>\n<p>\u4f46\u53e6\u4e00\u500b\u9805\u76ee\u503c\u7b97\u51fa\u4f8620\u5929\uff0c\u662f\u5e7e\u767e\u842c\u5143\u9664\u4ee5\u5e7e\u5341\u842c\u5143\uff0c\u770b\u4f3c\u90fd\u662f\u5929\u6578\uff0c\u4f46\u91d1\u984d\u5c11\u4e86\u842c\u500d\uff0c\u4e5f\u5c31\u610f\u5473\u8457\u901920\u5929\u5c0d\u516c\u53f8\u7684\u5be6\u8cea\u5f71\u97ff\u529b\uff0c\u6bd4\u524d\u980510\u5929\u5c11\u4e86\u842c\u500d\uff0c\u4f46\u5728\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u7684\u8a08\u7b97\u4e0a\u4ecd\u662f\u628a\u5169\u8005\u7576\u6210\u7b49\u6b0a\u91cd\u5728\u770b\u3002\u7576\u7136\u73fe\u5be6\u4e2d\u4e0d\u6703\u5dee\u9019\u9ebc\u591a\uff0c\u4f46\u4e0d\u67d0\u4e9b\u696d\u5728\u6210\u672c\/\u5b58\u8ca8\u8207\u61c9\u6536\u3001\u61c9\u4ed8\u7684\u91d1\u984d\u898f\u6a21\uff0c\u5dee\u8ddd\u52305~10\u500d\u4ecd\u662f\u6709\u53ef\u80fd\u7684\u3002<\/p>\n<p>\u9019\u4e5f\u662f\u70ba\u4ec0\u9ebc\u524d\u9762\u63d0\u5230\uff0c\u6b64\u6307\u6a19\u50c5\u9069\u7528\u5728\u4e00\u4e9b\u5b58\u8ca8\u3001\u61c9\u6536\u5e33\u6b3e\u4f54\u6bd4\u5f71\u97ff\u5927\u7684\u516c\u53f8\u3002<\/p>\n<p>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u5c07\u9019\u4e9b\u9805\u76ee\u7684\u5929\u6578\u76f4\u63a5\u76f8\u52a0\u6e1b\u4e0d\u662f\u4e0d\u884c\uff0c\u8981\u8aaa\u512a\u9ede\u4e5f\u6709\uff0c\u5c31\u662f\u654f\u611f\u5ea6\u9ad8\uff0c<br \/>\n\u4f46\u80cc\u5f8c\u6240\u5c0d\u61c9\u7684\u91d1\u984d\u3001\u5f71\u97ff\u7a0b\u5ea6\uff0c\u53ef\u80fd\u5be6\u969b\u5dee\u7570\u5de8\u5927\u3002<\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%E6%95%B8%E5%80%BC%E9%AB%98%E4%BD%8E%E4%BB%A3%E8%A1%A8%E4%BB%80%E9%BA%BC%EF%BC%9F\"><\/span>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6578\u503c\u9ad8\u4f4e\u4ee3\u8868\u4ec0\u9ebc\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6307\u6a19\u80fd\u8861\u91cf\u4ec0\u9ebc\uff1f<\/h3>\n<p>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u4e3b\u8981\u662f\u7528\u4f86\u8861\u91cf\u516c\u53f8\u71df\u904b\u6d3b\u52d5\u4e2d\uff0c\u95dc\u65bc\u300c\u73fe\u91d1\u300d\u7684\u751f\u547d\u9031\u671f\uff0c<br \/>\n\u73fe\u91d1\u6703\u5148\u8f49\u6210\u5b58\u8ca8\u548c\u61c9\u4ed8\u5e33\u6b3e\uff0c\u518d\u8f49\u63db\u6210\u7522\u54c1\u6216\u670d\u52d9\u7b49\u958b\u767c\u8cbb\u7528\uff0c\u518d\u8b8a\u6210\u92b7\u552e\u8207\u61c9\u6536\u5e33\u6b3e\uff0c\u6700\u5f8c\u8b8a\u6210\u73fe\u91d1\u7684\u4e00\u6574\u500b\u5faa\u74b0\u9031\u671f\u3002<\/p>\n<p>\u56e0\u70ba\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u4ee3\u8868\u516c\u53f8\u6295\u5165\u73fe\u91d1\u5f8c\uff0c<br \/>\n\u5f9e\u958b\u59cb(\u6295\u8cc7)\u5230\u7d50\u675f(\u56de\u5831)\u7684\u8f49\u5316\u901f\u5ea6\uff0c\u56e0\u6b64\u9019\u500b\u6578\u503c\u8d8a\u4f4e\u8d8a\u597d\u3002<\/p>\n<p>\u4e00\u822c\u4f86\u8aaa\uff0c\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6709\u5169\u500b\u542b\u610f\uff1a<\/p>\n<p>1. \u5b89\u5168\u6027\uff1a\u8861\u91cf\u516c\u53f8\u73fe\u91d1\u6d41\u662f\u5426\u51fa\u72c0\u6cc1\uff1f\u662f\u5426\u6709\u8cc7\u91d1\u6d41\u52d5\u6027\u4e0d\u8db3\u7684\u98a8\u96aa\uff1f<\/p>\n<p>2. \u7d93\u71df\u6548\u7387\uff1a\u7d93\u71df\u6548\u7387\u662f\u5426\u8b8a\u597d\u6216\u8b8a\u5dee\uff1f<\/p>\n<h3>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff0c\u6b63\u503c\u3001\u8ca0\u503c\uff0c\u6709\u4ec0\u9ebc\u5dee\u5225\uff1f<\/h3>\n<p>\u5982\u679c\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6578\u503c\u70ba\u6b63\u503c\uff0c\u4ee3\u8868\u92b7\u8ca8\u8207\u6536\u6b3e\u6162\u3001\u4ed8\u6b3e\u5feb\uff0c<br \/>\n\u6b63\u503c\u4e0d\u4e00\u5b9a\u4ee3\u8868\u4e0d\u597d\uff0c\u4f46\u5982\u679c\u662f\u6b63\u503c\u4e14\u6709\u6301\u7e8c\u905e\u589e\uff0c\u5c31\u8981\u7559\u610f\u91d1\u6d41\u53ef\u80fd\u6709\u554f\u984c\u3002<\/p>\n<p>\u5982\u679c\u70ba\u8ca0\u503c\uff0c\u5247\u4ee3\u8868\u516c\u53f8\u92b7\u8ca8\u8207\u6536\u6b3e\u5feb\u3001\u4ed8\u6b3e\u6162\uff0c<br \/>\n\u4e00\u822c\u91d1\u6d41\u4e0a\u4e0d\u5bb9\u6613\u51fa\u5927\u554f\u984c\uff0c\u4f46\u540c\u6a23\u5982\u679c\u6301\u7e8c\u905e\u589e\uff0c\u4e5f\u8981\u6ce8\u610f\u4e86\u89e3\u539f\u56e0\u3002<\/p>\n<h3>\u8a55\u4f30\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u6578\u503c\u589e\u6e1b\uff0c\u6709\u5169\u7a2e\u65b9\u5f0f<\/h3>\n<p>1. \u89c0\u5bdf\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff0c\u76f8\u8f03\u904e\u53bb\u5e7e\u671f\u7684\u8b8a\u5316\u5e45\u5ea6\u3002<br \/>\n2. \u89c0\u5bdf\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff0c\u548c\u540c\u696d\u53bb\u6bd4\u8f03\u7684\u5dee\u7570\u3002<\/p>\n<p><strong>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u5929\u6578\u77ed\uff0c\u4ee3\u8868\u516c\u53f8\u71df\u904b\u6548\u7387\u4e0a\u5347\uff1b<\/strong><br \/>\n<strong>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u5929\u6578\u9ad8\uff0c\u4ee3\u8868\u516c\u53f8\u71df\u904b\u6548\u7387\u4e0b\u964d\u3002<\/strong><\/p>\n<p>\u8861\u91cf\u4e00\u9593\u516c\u53f8\u7684\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff0c\u5efa\u8b70\u4ee5\u540c\u7522\u696d\u540c\u985e\u578b\u516c\u53f8\u6bd4\u8f03\uff0c\u4e26\u540c\u6642\u6bd4\u8f03\u5176\u4ed6\u6307\u6a19\uff0c<br \/>\n\u5982\u679c\u5169\u5bb6\u516c\u53f8\u7684<a href=/index.html"https:\/\/\/what-is-roe\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u80a1\u6771\u6b0a\u76ca\u5831\u916c\u7387(ROE)<\/a>\u3001<a href=/index.html"https:\/\/\/what-is-roa\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u8cc7\u7522\u5831\u916c\u7387(ROA)<\/a>\u6578\u503c\u76f8\u8fd1\uff0c<br \/>\n\u90a3\u9ebc\u53ef\u80fd\u66f4\u503c\u5f97\u6295\u8cc7\u65bc\u73fe\u91d1\u5faa\u74b0\u9031\u671f(CCC)\u8f03\u4f4e\u7684\u516c\u53f8\uff0c\u8868\u793a\u8a72\u516c\u53f8\u80fd\u5920\u66f4\u5feb\u5730\u7522\u751f\u985e\u4f3c\u7684\u56de\u5831\u3002<br \/>\n\u7576\u7136\uff0c\u8a55\u4f30\u9019\u4e9b\u6307\u6a19\u5fc5\u9808\u8003\u616e\u591a\u65b9\u9762\u7684\u56e0\u7d20\uff0c\u4e26\u4e0d\u662f\u55ae\u4e00\u6307\u6a19\u9ad8\u4f4e\u5c31\u80fd\u8aaa\u660e\u4e00\u5207\u3002<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F%E5%A6%82%E4%BD%95%E6%9F%A5%E8%A9%A2%EF%BC%9F\"><\/span>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u5982\u4f55\u67e5\u8a62\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u5728\u570b\u5167\u4e00\u822c\u7684\u8ca1\u5831\u7db2\u7ad9\uff0c\u4e26\u6c92\u6709\u76f4\u63a5\u63d0\u4f9b\u6b64\u6578\u64da\uff0c<br \/>\n\u53ef\u4ee5\u5148\u5f9e\u8ca1\u5831\u4e0a\u627e\u51fa\u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u5929\u6578\u3001\u5b58\u8ca8\u5468\u8f49\u5929\u6578\u3001\u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u5929\u6578\uff0c\u518d\u81ea\u884c\u52a0\u6e1b\u4f86\u8a08\u7b97\u51fa\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u3002<\/p>\n<blockquote><p>\u570b\u5167\u67e5\u8a62\u7db2\u7ad9\u53ef\u81f3<a href=/index.html"https:\/\/goodinfo.tw\/StockInfo\/StockFinDetail.asp?RPT_CAT=XX_YEAR&amp;STOCK_ID=2330&amp;QRY_TIME=2016\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">Goodinfo!\u53f0\u7063\u80a1\u5e02\u8cc7\u8a0a\u7db2(\u4ee5\u53f0\u7a4d\u96fb\u70ba\u4f8b)<\/a><\/p><\/blockquote>\n<p>\u5728\u570b\u5916\u7684\u7db2\u7ad9\uff0c\u5927\u591a\u6578\u8ca1\u52d9\u6bd4\u7387\u8cc7\u6599\u90fd\u6709\u63d0\u4f9b\u6b64\u6578\u503c\uff1a<\/p>\n<blockquote><p>\u570b\u5916\u67e5\u8a62\u7db2\u7ad9\u53ef\u81f3<a href=/index.html"http:\/\/financials.morningstar.com\/ratios\/r.html?t=GOOGL\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">Morningstar(\u4ee5P&amp;G\u70ba\u4f8b)<\/a><\/p><\/blockquote>\n<p><strong>\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff0c\u4ee5\u897f\u5357\u822a\u7a7a(LUV)\u70ba\u4f8b\uff1a<\/strong><\/p>\n<p>\u53ef\u4ee5\u89c0\u5bdf\u5230\uff0c\u5728\u6668\u661fMorningstar\u7684\u8ca1\u52d9\u6bd4\u7387\u6578\u64da\u4e2d\uff0c\u71df\u696d\u548c\u7d93\u71df\u6548\u7387(Operating and Efficiency)\u8868\u683c\u4e2d\u53ef\u4ee5\u627e\u5230 <strong>\u73fe\u91d1\u5faa\u74b0\u9031\u671f(Cash Conversion Cycle)<\/strong>\u3002<\/p>\n<p>\u4ee5\u4e0b\u5716\u897f\u5357\u822a\u7a7a(\u4ee3\u865f: LUV)\u70ba\u4f8b\uff0c<br \/>\n\u5b83\u7684\u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u5929\u6578(Days Sales Ootstanding, DSO)\u6709\u9010\u5e74\u4e0a\u5347\uff0c\u4ee3\u8868\u6536\u6b3e\u8d8a\u4f86\u8d8a\u6162\u3002<br \/>\n\u5b58\u8ca8\u5468\u8f49\u5929\u6578(Days Inventory, DIO)\u5247\u662f\u6ce2\u52d5\u5e45\u5ea6\u4e0d\u5927\uff0c\u822a\u7a7a\u696d\u7684\u5b58\u8ca8\u90fd\u662f\u4e9b\u7dad\u4fee\u7269\u6599\u5c45\u591a\uff0c<br \/>\n\u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u5929\u6578(Payables Period, DPO)\u4e5f\u9010\u5e74\u905e\u589e\uff0c\u4ee3\u8868\u4ed8\u6b3e\u4e5f\u8d8a\u4f86\u8d8a\u6162\u3002<\/p>\n<p>\u4ee5\u5b832019\u5e74\u7684\u6578\u503c\u70ba\u4f8b\uff1a<br \/>\n\u73fe\u91d1\u5faa\u74b0\u9031\u671f \u8a08\u7b97 = 13.46 + 10.99 &#8211; 6.29 = 18.15\u00a0 \u6b64\u6578\u503c\u6709\u9010\u5e74\u589e\u5927\u7684\u8da8\u52e2\uff0c\u9700\u984d\u5916\u7559\u610f\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-39101 size-full\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220714050949_60.jpg\" alt=\"\u67e5\u8a62\u7f8e\u80a1\u73fe\u91d1\u5faa\u74b0\u9031\u671f\" width=\"1557\" height=\"815\" srcset=\"https:\/\/\/wp-content\/uploads\/20220714050949_60.jpg 1557w, https:\/\/\/wp-content\/uploads\/20220714050949_60-1536x804.jpg 1536w\" sizes=\"(max-width: 1557px) 100vw, 1557px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E7%8F%BE%E9%87%91%E5%BE%AA%E7%92%B0%E9%80%B1%E6%9C%9F_%E5%BF%AB%E9%80%9F%E9%87%8D%E9%BB%9E%E6%95%B4%E7%90%86%EF%BC%9A\"><\/span>\u73fe\u91d1\u5faa\u74b0\u9031\u671f \u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><span style=\"font-size: 16px;\">\u73fe\u91d1\u5faa\u74b0\u9031\u671f\u4ee3\u8868\u516c\u53f8\u6295\u5165\u73fe\u91d1\u5f8c\uff0c\u5f9e\u958b\u59cb(\u6295\u8cc7)\u5230\u7d50\u675f(\u56de\u5831)\u7684\u8f49\u5316\u901f\u5ea6\uff0c\u56e0\u6b64\u9019\u500b\u6578\u503c\u8d8a\u4f4e\u3001\u4fdd\u6301\u964d\u4f4e\u8da8\u52e2\uff0c\u4ee3\u8868\u516c\u53f8\u91d1\u6d41\u98a8\u96aa\u8d8a\u4f4e\u3001\u6548\u7387\u8d8a\u597d\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u73fe\u91d1\u5faa\u74b0\u5468\u671f\u512a\u9ede\u5728\u65bc\uff0c\u5b83\u80fd\u5f9e\u6574\u9ad4\u7684\u89d2\u5ea6\uff0c\u53bb\u89c0\u5bdf\u6574\u500b\u516c\u53f8\u7684\u91d1\u6d41\u72c0\u6cc1\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u73fe\u91d1\u5faa\u74b0\u5468\u671f\u7684\u7f3a\u9677\u5728\u65bc\uff0c\u8a08\u7b97\u516c\u5f0f\u4e09\u500b\u52a0\u7e3d\u7684\u6578\u503c\uff0c\u55ae\u4f4d\u96d6\u7136\u90fd\u662f\u5929\u6578\uff0c\u4f46\u898f\u6a21\u53ef\u80fd\u56e0\u70ba\u7522\u696d\u4e0d\u540c\u800c\u5dee\u7570\u5de8\u5927\u3002\u56e0\u6b64\u9019\u500b\u6307\u6a19\u50c5\u9069\u7528\u5728\u4e00\u4e9b\u5b58\u8ca8\u3001\u61c9\u6536\u5e33\u6b3e\u4f54\u6bd4\u5f71\u97ff\u5927\u7684\u516c\u53f8\u3002<\/span><\/li>\n<li><span style=\"font-size: 16px;\">\u8861\u91cf\u4e00\u9593\u516c\u53f8\u7684\u73fe\u91d1\u5faa\u74b0\u9031\u671f\uff0c\u5efa\u8b70\u4ee5\u540c\u7522\u696d\u540c\u985e\u578b\u516c\u53f8\u6bd4\u8f03\uff0c\u4e26\u540c\u6642\u6bd4\u8f03\u5176\u4ed6\u6307\u6a19\u3002<\/span><\/li>\n<\/ol>\n<blockquote><p><strong>\u5e02\u5834\u5148\u751f\u5fc3\u5f97\uff1a<\/strong><\/p>\n<p>\u73fe\u91d1\u5faa\u74b0\u9031\u671f \u76f4\u63a5\u7528\u52a0\u6cd5\u628a\u4e00\u4e9b\u5468\u8f49\u5929\u6578\u52a0\u7e3d\uff0c\u662f\u6bd4\u8f03\u7c21\u55ae\u65b9\u6cd5\uff0c<br \/>\n\u6307\u6a19\u8a2d\u8a08\u7c21\u55ae\u662f\u597d\u4e8b\uff0c\u56e0\u70ba\u6211\u5011\u770b\u6307\u6a19\u672c\u4f86\u5c31\u662f\u60f3\u7c21\u5316\u4e00\u4e9b\u8cc7\u8a0a\uff0c\u4f46\u7c21\u55ae\u4e26\u4e0d\u4ee3\u8868\u80fd\u904e\u5ea6\u7c21\u5316\uff0c<br \/>\n\u6211\u89ba\u5f97\u770b\u9019\u500b\u6578\u503c\u8981\u4e86\u89e3\u5b83\u7684\u524d\u63d0\uff0c\u662f\u9069\u7528\u5728\u61c9\u6536\u5e33\u6b3e\u8207\u5b58\u8ca8\u539f\u672c\u4f54\u6bd4\u5c31\u9ad8\u7684\u516c\u53f8\uff0c\u4e26\u4e14\u9084\u662f\u8981\u642d\u914d\u5176\u4ed6\u7684\u6307\u6a19\u4e00\u8d77\u770b\uff0c\u4e86\u89e3\u5b83\u7684\u8a08\u7b97\u898f\u6a21\uff0c\u751a\u81f3\u67d0\u4e9b\u7279\u6b8a\u7522\u696d\u4e5f\u8981\u91dd\u5c0d\u4e0d\u540c\u898f\u6a21\u7684\u91d1\u984d\u53bb\u505a\u8a08\u7b97\u6b0a\u91cd\u8abf\u6574\uff0c\u6240\u5f97\u5230\u7684\u6578\u5b57\u624d\u6703\u66f4\u6709\u53c3\u8003\u6027\u3002<\/p><\/blockquote>\n<p>\u5b78\u7fd2\u66f4\u591a\u8ca1\u5831\u77e5\u8b58\uff0c\u53ef\u95b1\u8b80\uff1a<a href=/index.html"https:\/\/\/how-learn-financial-report\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u8ca1\u5831\u5206\u6790\u6559\u5b78\u61f6\u4eba\u5305<\/a><\/p>\n\n<p>\u984d\u5916\u5206\u4eab\u5e7e\u7bc7\u6587\u7ae0\uff1a<\/p>\n<p>1.\u00a0<a href=/index.html"https:\/\/\/receivables-turnover-ratio\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u7387\u8207\u5929\u6578\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u8a08\u7b97\u3001\u67e5\u8a62\u3001\u6578\u503c\u9ad8\u4f4e\u4ee3\u8868\u4ec0\u9ebc\uff1f<\/a><\/p>\n<p>2.\u00a0<a href=/index.html"https:\/\/\/what-is-inventory-turnover\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u5b58\u8ca8\u5468\u8f49\u7387\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u7528\u5b58\u8ca8\u5468\u8f49\u7387\u4f86\u5206\u6790\u516c\u53f8\u597d\u58de\uff1f<\/a><\/p>\n<p>3.\u00a0<a href=/index.html"https:\/\/\/what-is-accounts-payable-turnover-ratio\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u7387\u3001\u61c9\u4ed8\u5e33\u6b3e\u5468\u8f49\u5929\u6578\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u8a08\u7b97\u3001\u67e5\u8a62\u3001\u6578\u503c\u9ad8\u4f4e\u4ee3\u8868\u4ec0\u9ebc\uff1f<\/a><\/p>\n\u7de8\u8f2f\uff1aJoy \u4e3b\u7de8\uff1a\u5e02\u5834\u5148\u751f\n<p><strong><span style=\"font-size: 20px;\">\u52a0\u5165\u5e02\u5834\u5148\u751fFB\u793e\u5718\uff0c\u5145\u5be6\u66f4\u591a\u7406\u8ca1\u597d\u77e5\u8b58<\/span><\/strong><\/p>\r\n<p>50\u6b72\u4e4b\u524d\u60f3\u9000\u4f11\u4e00\u5b9a\u8981\u61c2\u7406\u8ca1\uff0c<br \/>\u89e3\u6c7a\u6295\u8cc7\u7684\u7169\u60f1\uff01<\/p>\r\n<p><a href=/index.html"https:\/\/bit.ly\/2NTBOAv\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\"><img decoding=\"async\" class=\"alignnone size-full wp-image-7106\" src=/index.html"https:\/\/\/wp-content\/uploads\/20190824195036_69.gif\" alt=\"\" width=\"687\" height=\"243\" \/><\/a><\/p>\r\n<p>\u6700\u8fd1\u5e02\u5834\u5148\u751f\u958b\u4e86\u4e00\u5802\u7684\u300c<strong>\u7528\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41<\/strong>\u300d\u6559\u5b78\u8ab2\u7a0b\uff0c<br \/>\u9019\u5802\u8ab2\u7a0b\u6703\u5f9e\u57fa\u790e\u5165\u9580\u3001\u8cc7\u6599\u67e5\u8a62\u5230\u5be6\u969b\u64cd\u4f5c\uff0c<br \/>\u6559\u4f60\u5b78\u6703\u5efa\u7acb\u4e00\u500b\u7a69\u5b9a\u7684\u5168\u7403ETF\u6295\u8cc7\u7d44\u5408\uff0c\u76ee\u524d\u7d2f\u7a4d\u5df2\u7d93\u6709\u5c07\u8fd11100\u4f4d\u540c\u5b78\u4e0a\u8ab2\u3002<\/p>\r\n<p>\u7dda\u4e0a\u8ab2\u7a0b\u300b<a href=/index.html"http:\/\/bit.ly\/2FV3hPc\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41\u7dda\u4e0a\u8ab2\u7a0b\u9023\u7d50<\/a><\/p>\n<p><br \/><strong><span style=\"color: #ff0000;\">\u5982\u679c\u89ba\u5f97\u9019\u7bc7\u6587\u7ae0\u6709\u5e6b\u52a9\uff0c<\/span><\/strong><br \/><strong><span style=\"color: #ff0000;\">\u5e6b\u6211\u6309\u500b\u8b9a\uff0c\u5206\u4eab\u7d66\u66f4\u591a\u4eba\u770b\u5230\uff0c\u8b1d\u8b1d\uff01<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e00\u9593\u516c\u53f8\u5f9e\u8cb7\u539f\u6599\u5230\u7d93\u904e\u751f\u7522\uff0c\u8b8a\u6210\u5b58\u8ca8\u5230\u5e02\u5834\u8ce3\u51fa\u4e26\u8f49\u63db\u70ba\u61c9\u6536\u5e33\u6b3e\uff0c \u6700\u5f8c\u6536\u56de\u73fe\u91d1\u4f86\u652f\u4ed8\u61c9\u4ed8\u5e33\u6b3e\u7684\u904e\u7a0b\uff0c\u9019\u4e00\u6574\u500b\u5faa [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":39098,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[160],"tags":[46,733,734],"table_tags":[],"modified_by":"eden","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/\/wp-content\/uploads\/20220714024357_32.jpg","jetpack-related-posts":[{"id":12821,"url":"https:\/\/\/receivables-turnover-ratio\/","url_meta":{"origin":12858,"position":0},"title":"\u61c9\u6536\u5e33\u6b3e\u5468\u8f49\u7387\u8207\u5929\u6578\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u8a08\u7b97\u3001\u67e5\u8a62\u3001\u6578\u503c\u9ad8\u4f4e\u4ee3\u8868\u4ec0\u9ebc\uff1f","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2020-11-01","format":false,"excerpt":"\u61c9\u6536\u5e33\u6b3e\u662f\u6307\u516c\u53f8\u51fa\u552e\u7684\u5546\u54c1\u6216\u670d\u52d9\uff0c\u5df2\u4ea4\u7d66\u5ba2\u6236\u4f46\u5ba2\u6236\u9084\u672a\u652f\u4ed8\u7684\u6b3e\u9805\uff0c 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