- 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) | 0.58 | -6.45 | 18.37 | 2.35 | 14.63 | -7.11 | 157.49 | 7.02 | -15.85 | 38.81 | -12.37 | 7.93 | 105.56 | 23.2 | -18.89 | 90.73 | -14.23 | -2.42 |
| 22Q1 (19) | 0.62 | 0.0 | 8.77 | 2.05 | -18.0 | -30.74 | 147.16 | 0.55 | -8.18 | 44.29 | 21.71 | 44.08 | 85.68 | 1.83 | -27.41 | 105.78 | 7.28 | 44.94 |
| 21Q4 (18) | 0.62 | -4.62 | -23.46 | 2.50 | -31.32 | -47.37 | 146.35 | 3.98 | 30.52 | 36.39 | 45.39 | 90.03 | 84.14 | -7.16 | -7.54 | 98.60 | 31.2 | 144.79 |
| 21Q3 (17) | 0.65 | 32.65 | -2.99 | 3.64 | 43.87 | -7.61 | 140.75 | -24.8 | 4.17 | 25.03 | -30.39 | 8.26 | 90.63 | -30.36 | -20.65 | 75.15 | -19.18 | 70.72 |
| 21Q2 (16) | 0.49 | -14.04 | -49.48 | 2.53 | -14.53 | -52.17 | 187.16 | 16.78 | 98.83 | 35.96 | 16.98 | 109.19 | 130.14 | 10.26 | 84.86 | 92.98 | 27.4 | 127.17 |
| 21Q1 (15) | 0.57 | -29.63 | 21.28 | 2.96 | -37.68 | -8.92 | 160.27 | 42.93 | -16.98 | 30.74 | 60.52 | 9.71 | 118.03 | 29.7 | -7.95 | 72.98 | 81.18 | -21.4 |
| 20Q4 (14) | 0.81 | 20.9 | -19.0 | 4.75 | 20.56 | -19.63 | 112.13 | -17.01 | 23.19 | 19.15 | -17.17 | 24.27 | 91.00 | -20.33 | 26.0 | 40.28 | -8.5 | 17.74 |
| 20Q3 (13) | 0.67 | -30.93 | -17.28 | 3.94 | -25.52 | -28.88 | 135.12 | 43.55 | 20.88 | 23.12 | 34.5 | 40.72 | 114.22 | 62.24 | 74.12 | 44.02 | 7.55 | -29.69 |
| 20Q2 (12) | 0.97 | 106.38 | 49.23 | 5.29 | 62.77 | 12.55 | 94.13 | -51.24 | -32.26 | 17.19 | -38.65 | -11.21 | 70.40 | -45.1 | -22.38 | 40.93 | -55.92 | -39.48 |
| 20Q1 (11) | 0.47 | -53.0 | -47.78 | 3.25 | -45.01 | -56.95 | 193.06 | 112.11 | 90.45 | 28.02 | 81.83 | 132.53 | 128.23 | 77.55 | 100.92 | 92.85 | 171.41 | 87.2 |
| 19Q4 (10) | 1.00 | 23.46 | 122.22 | 5.91 | 6.68 | 60.6 | 91.02 | -18.57 | -55.49 | 15.41 | -6.21 | -37.76 | 72.22 | 10.09 | -49.1 | 34.21 | -45.36 | -60.84 |
| 19Q3 (9) | 0.81 | 24.62 | 26.56 | 5.54 | 17.87 | -22.84 | 111.78 | -19.56 | -21.96 | 16.43 | -15.13 | 29.57 | 65.60 | -27.67 | -30.43 | 62.61 | -7.42 | 1.59 |
| 19Q2 (8) | 0.65 | -27.78 | -10.96 | 4.70 | -37.75 | -4.47 | 138.96 | 37.08 | 10.83 | 19.36 | 60.66 | 4.76 | 90.70 | 42.12 | 31.79 | 67.63 | 36.35 | -9.87 |
| 19Q1 (7) | 0.90 | 100.0 | 13.92 | 7.55 | 105.16 | 51.3 | 101.37 | -50.43 | -12.12 | 12.05 | -51.33 | -33.97 | 63.82 | -55.02 | -10.2 | 49.60 | -43.23 | -20.68 |
| 18Q4 (6) | 0.45 | -29.69 | 0 | 3.68 | -48.75 | 0 | 204.49 | 42.76 | 0 | 24.76 | 95.27 | 0 | 141.88 | 50.47 | 0 | 87.37 | 41.77 | 0 |
| 18Q3 (5) | 0.64 | -12.33 | 0 | 7.18 | 45.93 | 0 | 143.24 | 14.24 | 0 | 12.68 | -31.39 | 0 | 94.29 | 37.01 | 0 | 61.63 | -17.87 | 0 |
| 18Q2 (4) | 0.73 | -7.59 | 0.0 | 4.92 | -1.4 | 0.0 | 125.38 | 8.7 | 0.0 | 18.48 | 1.26 | 0.0 | 68.82 | -3.17 | 0.0 | 75.04 | 20.01 | 0.0 |
| 18Q1 (3) | 0.79 | 0 | 0.0 | 4.99 | 0 | 0.0 | 115.35 | 0 | 0.0 | 18.25 | 0 | 0.0 | 71.07 | 0 | 0.0 | 62.53 | 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) | 2.29 | -13.26 | 8.96 | -42.16 | 159.36 | 15.39 | 40.75 | 72.89 | 105.66 | -0.57 | 94.45 | 70.49 |
| 2020 (9) | 2.64 | -29.79 | 15.49 | -35.46 | 138.10 | 42.44 | 23.57 | 54.96 | 106.27 | 41.69 | 55.40 | 49.09 |
| 2019 (8) | 3.76 | 27.03 | 24.00 | -8.61 | 96.95 | -21.27 | 15.21 | 9.42 | 75.00 | -7.92 | 37.16 | -33.18 |
| 2018 (7) | 2.96 | 50.25 | 26.26 | 28.47 | 123.15 | -33.44 | 13.90 | -22.13 | 81.45 | -35.89 | 55.61 | -26.67 |
| 2017 (6) | 1.97 | 17.96 | 20.44 | 20.8 | 185.03 | -15.49 | 17.85 | -17.25 | 127.05 | -14.79 | 75.84 | -17.03 |
| 2016 (5) | 1.67 | -16.5 | 16.92 | -28.34 | 218.95 | 20.1 | 21.57 | 39.52 | 149.11 | 25.65 | 91.41 | 15.58 |
| 2015 (4) | 2.00 | -13.42 | 23.61 | -15.25 | 182.30 | 15.42 | 15.46 | 18.02 | 118.67 | 12.03 | 79.09 | 21.43 |
| 2014 (3) | 2.31 | 5.48 | 27.86 | 20.61 | 157.95 | -5.04 | 13.10 | -17.09 | 105.93 | -11.37 | 65.13 | 4.01 |
| 2013 (2) | 2.19 | -5.19 | 23.10 | -1.87 | 166.34 | 5.05 | 15.80 | 1.94 | 119.52 | 2.87 | 62.62 | 8.62 |
| 2012 (1) | 2.31 | 0 | 23.54 | 0 | 158.34 | 0 | 15.50 | 0 | 116.19 | 0 | 57.65 | 0 |
