在计算流动资金周转率时,对流动资金周转额的确定一直存在两种观点:一是主张按已销产品的销售成本计算;二是主张按已销产品的销售收入计算;现行制度规定是采用后者。笔者认为,两种方法计算的流动资金周转额都不真实。现分析如下: 首先,要弄清究竟什么是流动资金周转额。对此,有的解释为流动资金在周转过程中完成的工作总量,有的解释为流动资金所完成的周转任务。我认为两种解释都过于抽象,难以准确把握。对流动资金周转额的界定,应把握以下几点:(1)流动资金的周转是指垫付的流动资金的周转,而不是全部资金的周转。(2)周转额是企业在资金周转过程中,流动资金的垫付量或消耗量。从一个资金循环过程看,就是企业在该项循环中的流动资金垫付量或消耗量;从一年内的资金周转过程看,就是企业在该年 When calculating the liquidity turnover rate, there have been two views on the determination of liquidity turnover: one is the calculation of the sales cost of the sold products; the other is the calculation based on the sales revenue of the sold products; the current system regulation is adopted. the latter. The author believes that the liquidity turnover calculated by the two methods is not true. The analysis is as follows: First of all, we must find out what exactly is the turnover of liquidity. In this regard, some of the explanations are the total amount of work done by liquidity during the turnover process, and some are interpreted as the turnover tasks completed by liquidity. I think both interpretations are too abstract and difficult to grasp accurately. The definition of the working capital turnover should include the following points: (1) The working capital turnover refers to the turnover of advance liquidity, not the entire fund turnover. (2) Turnover is the amount of advances or consumption of liquid funds during the company’s capital turnover. Looking at the process of a capital cycle, it is the amount of advances or consumption of liquidity in the cycle of the company; from the process of capital turnover in a year, it is the year in which the enterprise