- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21Q1 (20) | 0.73 | -38.14 | -42.52 | 0.53 | -28.38 | 29.27 | 124.05 | 61.36 | 72.96 | 172.55 | 40.31 | -21.44 | 133.82 | 50.8 | 29.1 | 162.79 | 46.5 | -13.27 |
| 20Q4 (19) | 1.18 | -23.87 | 0.0 | 0.74 | 7.25 | 85.0 | 76.88 | 31.22 | -0.61 | 122.98 | -6.21 | -46.44 | 88.74 | 10.1 | -19.58 | 111.12 | 1.85 | -43.49 |
| 20Q3 (18) | 1.55 | 22.05 | 16.54 | 0.69 | 60.47 | 50.0 | 58.59 | -18.04 | -14.05 | 131.12 | -37.64 | -33.93 | 80.60 | -26.37 | -19.75 | 109.10 | -36.67 | -34.36 |
| 20Q2 (17) | 1.27 | 0.0 | -10.56 | 0.43 | 4.88 | -8.51 | 71.49 | -0.32 | 11.56 | 210.25 | -4.27 | 9.59 | 109.46 | 5.6 | 28.97 | 172.28 | -8.21 | 0.71 |
| 20Q1 (16) | 1.27 | 7.63 | 4.96 | 0.41 | 2.5 | 17.14 | 71.72 | -7.28 | -4.49 | 219.63 | -4.35 | -15.84 | 103.66 | -6.05 | 11.16 | 187.69 | -4.55 | -22.7 |
| 19Q4 (15) | 1.18 | -11.28 | -0.84 | 0.40 | -13.04 | 0.0 | 77.35 | 13.47 | 1.47 | 229.63 | 15.7 | -0.03 | 110.34 | 9.86 | 39.67 | 196.64 | 18.32 | -13.36 |
| 19Q3 (14) | 1.33 | -6.34 | 18.75 | 0.46 | -2.13 | 4.55 | 68.17 | 6.38 | -16.35 | 198.47 | 3.45 | -3.69 | 100.44 | 18.35 | 46.58 | 166.20 | -2.85 | -24.13 |
| 19Q2 (13) | 1.42 | 17.36 | 13.6 | 0.47 | 34.29 | 0.0 | 64.08 | -14.66 | -11.91 | 191.86 | -26.48 | -1.46 | 84.87 | -8.99 | 39.11 | 171.07 | -29.55 | -17.13 |
| 19Q1 (12) | 1.21 | 1.68 | 5.22 | 0.35 | -12.5 | 0.0 | 75.09 | -1.5 | -5.17 | 260.97 | 13.61 | -1.01 | 93.25 | 18.04 | 9.86 | 242.81 | 6.99 | -5.86 |
| 18Q4 (11) | 1.19 | 6.25 | 35.23 | 0.40 | -9.09 | 29.03 | 76.23 | -6.45 | -26.25 | 229.71 | 11.47 | -22.12 | 79.00 | 15.29 | -23.29 | 226.95 | 3.6 | -23.16 |
| 18Q3 (10) | 1.12 | -10.4 | 4.67 | 0.44 | -6.38 | -4.35 | 81.49 | 12.03 | -4.25 | 206.08 | 5.84 | 4.48 | 68.52 | 12.31 | -13.9 | 219.06 | 6.11 | 8.03 |
| 18Q2 (9) | 1.25 | 8.7 | 4.17 | 0.47 | 34.29 | -16.07 | 72.74 | -8.13 | -4.02 | 194.70 | -26.14 | 19.7 | 61.01 | -28.12 | -17.09 | 206.44 | -19.96 | 25.22 |
| 18Q1 (8) | 1.15 | 30.68 | -7.26 | 0.35 | 12.9 | -36.36 | 79.18 | -23.39 | 7.79 | 263.62 | -10.63 | 59.01 | 84.88 | -17.58 | 8.93 | 257.92 | -12.67 | 59.86 |
| 17Q4 (7) | 0.88 | -17.76 | -16.98 | 0.31 | -32.61 | -40.38 | 103.36 | 21.44 | 19.92 | 294.97 | 49.55 | 69.17 | 102.98 | 29.4 | 16.97 | 295.35 | 45.66 | 71.21 |
| 17Q3 (6) | 1.07 | -10.83 | -2.73 | 0.46 | -17.86 | -24.59 | 85.11 | 12.3 | 3.04 | 197.24 | 21.27 | 33.05 | 79.58 | 8.14 | 0.0 | 202.77 | 23.0 | 34.05 |
| 17Q2 (5) | 1.20 | -3.23 | -2.44 | 0.56 | 1.82 | -9.68 | 75.79 | 3.17 | 2.03 | 162.65 | -1.89 | 11.42 | 73.59 | -5.56 | -0.46 | 164.86 | 2.18 | 12.66 |
| 17Q1 (4) | 1.24 | 16.98 | 0.0 | 0.55 | 5.77 | 0.0 | 73.46 | -14.77 | 0.0 | 165.79 | -4.92 | 0.0 | 77.92 | -11.49 | 0.0 | 161.34 | -6.47 | 0.0 |
| 16Q4 (3) | 1.06 | -3.64 | 0.0 | 0.52 | -14.75 | 0.0 | 86.19 | 4.35 | 0.0 | 174.36 | 17.61 | 0.0 | 88.04 | 10.63 | 0.0 | 172.51 | 14.04 | 0.0 |
| 16Q3 (2) | 1.10 | -10.57 | 0.0 | 0.61 | -1.61 | 0.0 | 82.60 | 11.2 | 0.0 | 148.25 | 1.56 | 0.0 | 79.58 | 7.64 | 0.0 | 151.27 | 3.38 | 0.0 |
| 16Q2 (1) | 1.23 | 0.0 | 0.0 | 0.62 | 0.0 | 0.0 | 74.28 | 0.0 | 0.0 | 145.98 | 0.0 | 0.0 | 73.93 | 0.0 | 0.0 | 146.33 | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 (10) | 6.07 | -3.04 | 2.53 | 39.01 | 60.09 | 3.03 | 144.48 | -27.88 | 80.88 | 1.89 | 123.69 | -31.01 |
| 2019 (9) | 6.26 | 14.03 | 1.82 | 10.3 | 58.32 | -12.21 | 200.33 | -9.39 | 79.38 | 7.13 | 179.28 | -16.0 |
| 2018 (8) | 5.49 | 1.1 | 1.65 | -13.61 | 66.43 | -1.2 | 221.10 | 15.73 | 74.10 | -2.05 | 213.43 | 16.86 |
| 2017 (7) | 5.43 | -0.37 | 1.91 | -15.11 | 67.24 | 0.34 | 191.05 | 17.82 | 75.65 | -2.65 | 182.64 | 20.6 |
| 2016 (6) | 5.45 | -7.94 | 2.25 | -0.88 | 67.01 | 8.71 | 162.15 | 0.64 | 77.71 | 5.08 | 151.44 | 1.77 |
| 2015 (5) | 5.92 | -6.18 | 2.27 | -5.42 | 61.64 | 6.51 | 161.12 | 5.77 | 73.95 | 11.45 | 148.80 | 3.44 |
| 2014 (4) | 6.31 | -4.68 | 2.40 | -0.83 | 57.87 | 4.97 | 152.33 | 1.04 | 66.35 | -13.15 | 143.85 | 11.09 |
| 2013 (3) | 6.62 | 4.25 | 2.42 | -7.28 | 55.13 | -4.11 | 150.76 | 7.89 | 76.40 | -10.23 | 129.49 | 15.5 |
| 2012 (2) | 6.35 | 0 | 2.61 | 0 | 57.49 | 0 | 139.74 | 0 | 85.11 | 0 | 112.11 | 0 |
