- 收帳和銷貨天數如果一直上升, 就要當心了!
- 存貨在不同時期有不同的意義, 像是滯銷, 或是因為報價回升而屯貨, 或是積極備料, 這都需要去看存貨細項和判斷當時的情況來分辨
- 當存貨增加時, 還需要注意增加的是不是商品或製成品. 如果是在製品或原物料, 反而有可能是供給不順沒法變製成品又或者是需求旺盛(短期營收趨勢向上)
- 處在景氣下行的公司當存貨細項-原料和在製品的回升可能代表訂單開始回溫了
- 當記憶體模組廠, 像是威剛、十銓存貨增加時, 有可能是在增加低價庫存, 代表著景氣循環來到相對低點, 也許就是建立部位的好時機
- 當淨營業週期(日)接近於0, 代表公司好像在做無本生意
| 應收帳款周轉率 QoQ YoY | 存貨周轉率 QoQ YoY | 平均收帳天數 QoQ YoY | 平圴銷貨天數 QoQ YoY | 應付帳款付現天數 QoQ YoY | 淨營業週期(日) QoQ YoY | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22Q2 (20) | 0.85 | -9.57 | -5.56 | 0.61 | 15.09 | -10.29 | 106.77 | 10.69 | 5.73 | 149.30 | -12.56 | 10.87 | 13.18 | -29.82 | -44.76 | 242.89 | -2.23 | 14.68 |
| 22Q1 (19) | 0.94 | 36.23 | 2.17 | 0.53 | 8.16 | -20.9 | 96.46 | -26.34 | -2.36 | 170.74 | -8.35 | 25.42 | 18.78 | -27.27 | -17.99 | 248.42 | -14.76 | 17.17 |
| 21Q4 (18) | 0.69 | -15.85 | -23.33 | 0.49 | -19.67 | -20.97 | 130.95 | 18.58 | 30.16 | 186.29 | 25.7 | 26.55 | 25.82 | 6.21 | 15.63 | 291.42 | 24.37 | 29.24 |
| 21Q3 (17) | 0.82 | -8.89 | -12.77 | 0.61 | -10.29 | -17.57 | 110.43 | 9.36 | 14.05 | 148.20 | 10.05 | 20.37 | 24.31 | 1.89 | 6.95 | 234.32 | 10.64 | 18.81 |
| 21Q2 (16) | 0.90 | -2.17 | 4.65 | 0.68 | 1.49 | -2.86 | 100.98 | 2.22 | -4.09 | 134.66 | -1.08 | 3.5 | 23.86 | 4.19 | -16.78 | 211.79 | -0.11 | 2.45 |
| 21Q1 (15) | 0.92 | 2.22 | 8.24 | 0.67 | 8.06 | 13.56 | 98.79 | -1.81 | -7.4 | 136.13 | -7.53 | -11.11 | 22.90 | 2.55 | -38.36 | 212.02 | -5.97 | -4.79 |
| 20Q4 (14) | 0.90 | -4.26 | -23.73 | 0.62 | -16.22 | -19.48 | 100.61 | 3.9 | 30.76 | 147.21 | 19.57 | 25.33 | 22.33 | -1.76 | -30.11 | 225.49 | 14.33 | 38.81 |
| 20Q3 (13) | 0.94 | 9.3 | -16.07 | 0.74 | 5.71 | -5.13 | 96.83 | -8.03 | 19.5 | 123.12 | -5.37 | 5.65 | 22.73 | -20.72 | -32.53 | 197.23 | -4.59 | 20.35 |
| 20Q2 (12) | 0.86 | 1.18 | -18.1 | 0.70 | 18.64 | -2.78 | 105.29 | -1.31 | 21.92 | 130.10 | -15.05 | 2.41 | 28.67 | -22.83 | -24.55 | 206.72 | -7.17 | 17.85 |
| 20Q1 (11) | 0.85 | -27.97 | -13.27 | 0.59 | -23.38 | -7.81 | 106.69 | 38.67 | 14.6 | 153.15 | 30.38 | 8.05 | 37.15 | 16.28 | -18.99 | 222.68 | 37.08 | 17.83 |
| 19Q4 (10) | 1.18 | 5.36 | 45.68 | 0.77 | -1.28 | -6.1 | 76.94 | -5.05 | -31.43 | 117.46 | 0.79 | 5.37 | 31.95 | -5.16 | -26.97 | 162.45 | -0.87 | -9.71 |
| 19Q3 (9) | 1.12 | 6.67 | 34.94 | 0.78 | 8.33 | 13.04 | 81.03 | -6.17 | -26.52 | 116.54 | -8.27 | -11.88 | 33.69 | -11.34 | -46.5 | 163.88 | -6.57 | -8.73 |
| 19Q2 (8) | 1.05 | 7.14 | -9.48 | 0.72 | 12.5 | -16.28 | 86.36 | -7.24 | 10.1 | 127.04 | -10.37 | 19.75 | 38.00 | -17.14 | -28.61 | 175.41 | -7.18 | 33.58 |
| 19Q1 (7) | 0.98 | 20.99 | -2.97 | 0.64 | -21.95 | -20.99 | 93.10 | -17.02 | 3.18 | 141.74 | 27.16 | 25.41 | 45.86 | 4.82 | -26.49 | 188.98 | 5.04 | 34.17 |
| 18Q4 (6) | 0.81 | -2.41 | -20.59 | 0.82 | 18.84 | -19.61 | 112.20 | 1.74 | 25.28 | 111.47 | -15.71 | 24.8 | 43.75 | -30.52 | -9.01 | 179.92 | 0.2 | 37.55 |
| 18Q3 (5) | 0.83 | -28.45 | -17.82 | 0.69 | -19.77 | -20.69 | 110.28 | 40.59 | 22.47 | 132.25 | 24.66 | 27.13 | 62.97 | 18.3 | 18.77 | 179.56 | 36.75 | 27.29 |
| 18Q2 (4) | 1.16 | 14.85 | 0.0 | 0.86 | 6.17 | 0.0 | 78.44 | -13.07 | 0.0 | 106.09 | -6.13 | 0.0 | 53.23 | -14.68 | 0.0 | 131.31 | -6.77 | 0.0 |
| 18Q1 (3) | 1.01 | -0.98 | 0.0 | 0.81 | -20.59 | 0.0 | 90.23 | 0.75 | 0.0 | 113.02 | 26.53 | 0.0 | 62.39 | 29.76 | 0.0 | 140.85 | 7.68 | 0.0 |
| 17Q4 (2) | 1.02 | 0.99 | 0.0 | 1.02 | 17.24 | 0.0 | 89.56 | -0.54 | 0.0 | 89.32 | -14.14 | 0.0 | 48.08 | -9.32 | 0.0 | 130.80 | -7.27 | 0.0 |
| 17Q3 (1) | 1.01 | 0.0 | 0.0 | 0.87 | 0.0 | 0.0 | 90.05 | 0.0 | 0.0 | 104.03 | 0.0 | 0.0 | 53.02 | 0.0 | 0.0 | 141.06 | 0.0 | 0.0 |
| 應收帳款周轉率 YoY | 存貨周轉率 YoY | 平均收帳天數 YoY | 平圴銷貨天數 YoY | 應付帳款付現天數 YoY | 淨營業週期(日) YoY | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 (10) | 3.75 | 7.76 | 2.45 | -6.49 | 97.26 | -7.36 | 149.17 | 7.0 | 20.92 | -29.94 | 225.51 | 5.11 |
| 2020 (9) | 3.48 | -22.49 | 2.62 | -9.34 | 104.99 | 29.06 | 139.41 | 10.39 | 29.86 | -23.06 | 214.54 | 27.07 |
| 2019 (8) | 4.49 | 5.65 | 2.89 | -9.12 | 81.35 | -5.35 | 126.29 | 10.1 | 38.81 | -31.21 | 168.83 | 17.05 |
| 2018 (7) | 4.25 | 7.87 | 3.18 | -19.49 | 85.95 | -7.24 | 114.71 | 24.15 | 56.42 | 6.61 | 144.24 | 9.17 |
| 2017 (6) | 3.94 | 66.95 | 3.95 | 5.9 | 92.66 | -40.1 | 92.40 | -5.61 | 52.92 | 41.08 | 132.13 | -38.56 |
| 2016 (5) | 2.36 | -10.61 | 3.73 | 19.17 | 154.68 | 11.69 | 97.89 | -15.97 | 37.51 | 6.2 | 215.05 | -2.1 |
| 2015 (4) | 2.64 | -29.22 | 3.13 | 24.7 | 138.49 | 41.46 | 116.50 | -19.87 | 35.32 | -32.6 | 219.67 | 15.08 |
| 2014 (3) | 3.73 | 5.37 | 2.51 | -15.49 | 97.90 | -5.11 | 145.38 | 18.45 | 52.40 | -6.19 | 190.89 | 12.26 |
| 2013 (2) | 3.54 | 32.58 | 2.97 | -6.31 | 103.17 | -24.59 | 122.74 | 6.67 | 55.86 | -12.16 | 170.05 | -9.68 |
| 2012 (1) | 2.67 | 0 | 3.17 | 0 | 136.81 | 0 | 115.06 | 0 | 63.59 | 0 | 188.28 | 0 |
