- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21Q2 (20) | 5.34 | -4.64 | 55.23 | 0.01 | 0.0 | 0.0 | 17.03 | 4.74 | -35.69 | 12775.80 | -0.43 | 20.81 | 3940.21 | 2.1 | 42.98 | 8852.65 | -1.51 | 12.84 |
| 21Q1 (19) | 5.60 | 15.94 | 14.99 | 0.01 | 0.0 | 0.0 | 16.26 | -13.65 | -12.91 | 12831.30 | -21.32 | 14.86 | 3859.16 | -22.11 | 177.59 | 8988.39 | -20.96 | -8.28 |
| 20Q4 (18) | 4.83 | 23.21 | -9.55 | 0.01 | 0.0 | 0.0 | 18.83 | -18.91 | 10.5 | 16307.30 | 16.95 | 31.4 | 4954.68 | 16.04 | 221.34 | 11371.50 | 17.27 | 4.46 |
| 20Q3 (17) | 3.92 | 13.95 | -32.06 | 0.01 | 0.0 | 0.0 | 23.22 | -12.31 | 47.15 | 13943.70 | 31.86 | -2.03 | 4269.82 | 54.95 | 105.64 | 9697.11 | 23.6 | -20.33 |
| 20Q2 (16) | 3.44 | -29.36 | -38.9 | 0.01 | 0.0 | 0 | 26.48 | 41.83 | 63.86 | 10574.70 | -5.34 | -42.07 | 2755.69 | 98.22 | -1.33 | 7845.47 | -19.94 | -49.31 |
| 20Q1 (15) | 4.87 | -8.8 | -21.07 | 0.01 | 0.0 | 0.0 | 18.67 | 9.57 | 26.66 | 11171.30 | -9.98 | -20.07 | 1390.22 | -9.84 | -24.34 | 9799.76 | -9.98 | -19.36 |
| 19Q4 (14) | 5.34 | -7.45 | -23.82 | 0.01 | 0.0 | 0.0 | 17.04 | 7.98 | 31.18 | 12410.40 | -12.8 | -2.24 | 1541.87 | -25.74 | -1.8 | 10885.60 | -10.56 | -2.26 |
| 19Q3 (13) | 5.77 | 2.49 | -46.77 | 0.01 | 0 | 0 | 15.78 | -2.35 | 87.86 | 14232.10 | -22.03 | -42.68 | 2076.38 | -25.65 | -48.62 | 12171.50 | -21.36 | -41.48 |
| 19Q2 (12) | 5.63 | -8.75 | -73.24 | 0.00 | -100.0 | -100.0 | 16.16 | 9.63 | 273.21 | 18254.40 | 30.61 | 147.97 | 2792.71 | 51.99 | 101.21 | 15477.90 | 27.36 | 158.91 |
| 19Q1 (11) | 6.17 | -11.98 | -36.85 | 0.01 | 0.0 | 0 | 14.74 | 13.47 | 58.32 | 13975.90 | 10.09 | -31.95 | 1837.47 | 17.03 | -46.84 | 12153.20 | 9.12 | -28.89 |
| 18Q4 (10) | 7.01 | -35.33 | -10.59 | 0.01 | 0 | 0 | 12.99 | 54.64 | 11.98 | 12694.70 | -48.87 | -35.59 | 1570.08 | -61.15 | -61.31 | 11137.60 | -46.45 | -28.9 |
| 18Q3 (9) | 10.84 | -48.48 | -5.16 | 0.00 | -100.0 | 0 | 8.40 | 94.0 | 5.53 | 24830.50 | 237.29 | 25.98 | 4041.47 | 191.17 | -3.44 | 20797.40 | 247.9 | 33.89 |
| 18Q2 (8) | 21.04 | 115.35 | -73.22 | 0.01 | 0 | 0 | 4.33 | -53.49 | 273.28 | 7361.68 | -64.16 | -66.85 | 1387.99 | -59.84 | -73.17 | 5978.01 | -65.02 | -64.91 |
| 18Q1 (7) | 9.77 | 24.62 | -60.59 | 0.00 | 0 | -100.0 | 9.31 | -19.74 | 153.68 | 20538.10 | 4.2 | 19.49 | 3456.58 | -14.82 | -21.57 | 17090.80 | 9.11 | 33.69 |
| 17Q4 (6) | 7.84 | -31.41 | -53.64 | 0.00 | 0 | -100.0 | 11.60 | 45.73 | 115.61 | 19710.30 | 0.0 | 46.56 | 4058.18 | -3.04 | 13.83 | 15663.70 | 0.84 | 58.39 |
| 17Q3 (5) | 11.43 | -85.45 | -53.97 | 0.00 | 0 | -100.0 | 7.96 | 586.21 | 117.49 | 19710.20 | -11.25 | 10.13 | 4185.24 | -19.1 | -18.2 | 15532.90 | -8.82 | 21.49 |
| 17Q2 (4) | 78.57 | 216.94 | 0.0 | 0.00 | -100.0 | 0.0 | 1.16 | -68.39 | 0.0 | 22207.70 | 29.21 | 0.0 | 5173.61 | 17.39 | 0.0 | 17035.20 | 33.25 | 0.0 |
| 17Q1 (3) | 24.79 | 46.6 | 0.0 | 0.01 | 0.0 | 0.0 | 3.67 | -31.78 | 0.0 | 17187.50 | 27.8 | 0.0 | 4407.05 | 23.62 | 0.0 | 12784.10 | 29.27 | 0.0 |
| 16Q4 (2) | 16.91 | -31.9 | 0.0 | 0.01 | 0.0 | 0.0 | 5.38 | 46.99 | 0.0 | 13448.90 | -24.86 | 0.0 | 3564.99 | -30.32 | 0.0 | 9889.31 | -22.65 | 0.0 |
| 16Q3 (1) | 24.83 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 3.66 | 0.0 | 0.0 | 17897.80 | 0.0 | 0.0 | 5116.18 | 0.0 | 0.0 | 12785.30 | 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) | 23.26 | -6.44 | 0.02 | -33.33 | 15.69 | 6.81 | 21614.10 | 49.12 | 5214.69 | 64.3 | 16415.10 | 44.81 |
| 2019 (9) | 24.86 | -22.51 | 0.03 | 0.0 | 14.69 | 29.09 | 14494.70 | 10.22 | 3173.79 | 31.73 | 11335.60 | 5.42 |
| 2018 (8) | 32.08 | -67.79 | 0.03 | 50.0 | 11.38 | 210.93 | 13150.20 | -32.59 | 2409.25 | -38.0 | 10752.40 | -31.19 |
| 2017 (7) | 99.61 | 61.6 | 0.02 | 0.0 | 3.66 | -38.18 | 19508.70 | 20.39 | 3885.81 | -16.71 | 15626.50 | 35.35 |
| 2016 (6) | 61.64 | -68.81 | 0.02 | 0.0 | 5.92 | 220.0 | 16205.00 | -4.36 | 4665.46 | -24.52 | 11545.40 | 7.25 |
| 2015 (5) | 197.65 | -75.03 | 0.02 | 100.0 | 1.85 | 302.17 | 16944.50 | -51.88 | 6181.22 | -48.29 | 10765.10 | -53.72 |
| 2014 (4) | 791.64 | 164.26 | 0.01 | -92.86 | 0.46 | -62.3 | 35216.30 | 1268.01 | 11954.60 | 2413.48 | 23262.20 | 1007.79 |
| 2013 (3) | 299.57 | 744.1 | 0.14 | 0 | 1.22 | -88.13 | 2574.27 | 0 | 475.62 | 0 | 2099.87 | 0 |
| 2012 (2) | 35.49 | 0 | -0.02 | 0 | 10.28 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 |
