- 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) | 0.80 | -8.05 | -14.89 | 1.11 | -11.2 | -23.45 | 114.27 | 9.18 | 18.13 | 81.68 | 11.86 | 29.88 | 97.43 | 9.24 | -4.38 | 98.52 | 11.33 | 70.66 |
| 22Q1 (19) | 0.87 | -4.4 | -2.25 | 1.25 | 4.17 | -30.17 | 104.66 | 4.57 | 2.5 | 73.02 | -3.77 | 43.94 | 89.19 | -8.41 | 0.2 | 88.49 | 12.6 | 38.63 |
| 21Q4 (18) | 0.91 | -3.19 | 0.0 | 1.20 | -3.23 | -41.46 | 100.09 | 3.05 | 0.59 | 75.88 | 3.01 | 70.94 | 97.38 | -7.95 | 31.93 | 78.59 | 20.91 | 12.14 |
| 21Q3 (17) | 0.94 | 0.0 | -3.09 | 1.24 | -14.48 | -32.97 | 97.13 | 0.41 | 3.74 | 73.66 | 17.13 | 50.02 | 105.79 | 3.83 | 58.46 | 65.00 | 12.59 | -14.45 |
| 21Q2 (16) | 0.94 | 5.62 | 17.5 | 1.45 | -18.99 | 5.84 | 96.73 | -5.27 | -14.69 | 62.89 | 23.97 | -5.5 | 101.89 | 14.47 | 13.96 | 57.73 | -9.56 | -36.22 |
| 21Q1 (15) | 0.89 | -2.2 | 12.66 | 1.79 | -12.68 | 8.48 | 102.11 | 2.62 | -11.19 | 50.73 | 14.28 | -7.78 | 89.01 | 20.59 | 4.08 | 63.83 | -8.92 | -24.43 |
| 20Q4 (14) | 0.91 | -6.19 | 7.06 | 2.05 | 10.81 | 9.04 | 99.50 | 6.27 | -6.96 | 44.39 | -9.59 | -8.53 | 73.81 | 10.56 | -2.91 | 70.08 | -7.77 | -11.79 |
| 20Q3 (13) | 0.97 | 21.25 | -1.02 | 1.85 | 35.04 | -4.15 | 93.63 | -17.42 | 0.98 | 49.10 | -26.22 | 4.14 | 66.76 | -25.33 | 1.44 | 75.98 | -16.06 | 2.59 |
| 20Q2 (12) | 0.80 | 1.27 | -11.11 | 1.37 | -16.97 | -17.47 | 113.38 | -1.38 | 12.44 | 66.55 | 20.98 | 21.64 | 89.41 | 4.55 | 30.91 | 90.52 | 7.16 | 3.75 |
| 20Q1 (11) | 0.79 | -7.06 | -2.47 | 1.65 | -12.23 | 7.84 | 114.97 | 7.51 | 2.1 | 55.01 | 13.35 | -7.61 | 85.52 | 12.5 | 14.48 | 84.47 | 6.32 | -13.33 |
| 19Q4 (10) | 0.85 | -13.27 | -4.49 | 1.88 | -2.59 | 12.57 | 106.94 | 15.34 | 4.62 | 48.53 | 2.93 | -10.89 | 76.02 | 15.51 | 8.03 | 79.45 | 7.28 | -7.95 |
| 19Q3 (9) | 0.98 | 8.89 | 2.08 | 1.93 | 16.27 | 15.57 | 92.72 | -8.05 | -2.19 | 47.15 | -13.82 | -13.47 | 65.81 | -3.65 | -4.21 | 74.06 | -15.12 | -8.1 |
| 19Q2 (8) | 0.90 | 11.11 | -2.17 | 1.66 | 8.5 | 8.5 | 100.84 | -10.45 | 1.56 | 54.71 | -8.11 | -7.79 | 68.30 | -8.57 | -8.59 | 87.25 | -10.48 | 3.99 |
| 19Q1 (7) | 0.81 | -8.99 | -7.95 | 1.53 | -8.38 | -2.55 | 112.61 | 10.16 | 8.35 | 59.54 | 9.33 | 2.76 | 74.70 | 6.15 | -6.64 | 97.46 | 12.92 | 19.06 |
| 18Q4 (6) | 0.89 | -7.29 | -3.26 | 1.67 | 0.0 | -8.24 | 102.22 | 7.83 | 3.83 | 54.46 | -0.06 | 9.12 | 70.37 | 2.43 | -5.43 | 86.31 | 7.1 | 16.71 |
| 18Q3 (5) | 0.96 | 4.35 | 2.13 | 1.67 | 9.15 | -6.18 | 94.80 | -4.52 | -1.64 | 54.49 | -8.16 | 6.49 | 68.70 | -8.06 | -11.17 | 80.59 | -3.95 | 14.77 |
| 18Q2 (4) | 0.92 | 4.55 | 0.0 | 1.53 | -2.55 | 0.0 | 99.29 | -4.46 | 0.0 | 59.33 | 2.4 | 0.0 | 74.72 | -6.61 | 0.0 | 83.90 | 2.49 | 0.0 |
| 18Q1 (3) | 0.88 | -4.35 | 0.0 | 1.57 | -13.74 | 0.0 | 103.93 | 5.57 | 0.0 | 57.94 | 16.09 | 0.0 | 80.01 | 7.53 | 0.0 | 81.86 | 10.7 | 0.0 |
| 17Q4 (2) | 0.92 | -2.13 | 0.0 | 1.82 | 2.25 | 0.0 | 98.45 | 2.15 | 0.0 | 49.91 | -2.46 | 0.0 | 74.41 | -3.79 | 0.0 | 73.95 | 5.31 | 0.0 |
| 17Q3 (1) | 0.94 | 0.0 | 0.0 | 1.78 | 0.0 | 0.0 | 96.38 | 0.0 | 0.0 | 51.17 | 0.0 | 0.0 | 77.34 | 0.0 | 0.0 | 70.22 | 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) | 3.64 | 16.67 | 6.11 | -12.71 | 100.18 | -14.48 | 59.73 | 14.51 | 83.84 | -5.15 | 76.07 | -5.98 |
| 2020 (9) | 3.12 | -7.14 | 7.00 | -0.14 | 117.14 | 7.81 | 52.16 | 0.13 | 88.39 | 18.53 | 80.91 | -6.1 |
| 2019 (8) | 3.36 | -6.41 | 7.01 | -0.14 | 108.65 | 6.97 | 52.09 | 0.19 | 74.57 | 4.53 | 86.17 | 4.8 |
| 2018 (7) | 3.59 | 1.7 | 7.02 | -6.52 | 101.57 | -1.69 | 51.99 | 7.0 | 71.34 | -10.17 | 82.22 | 13.42 |
| 2017 (6) | 3.53 | 0.28 | 7.51 | -9.41 | 103.32 | -0.4 | 48.59 | 10.38 | 79.42 | 6.85 | 72.49 | -1.28 |
| 2016 (5) | 3.52 | 6.02 | 8.29 | 4.41 | 103.74 | -5.5 | 44.02 | -4.18 | 74.33 | 3.08 | 73.43 | -12.18 |
| 2015 (4) | 3.32 | 0.3 | 7.94 | -6.26 | 109.78 | -0.45 | 45.94 | 6.61 | 72.11 | -0.21 | 83.61 | 3.07 |
| 2014 (3) | 3.31 | 7.12 | 8.47 | -7.53 | 110.28 | -6.53 | 43.09 | 8.08 | 72.26 | 0.01 | 81.12 | -5.23 |
| 2013 (2) | 3.09 | 0 | 9.16 | 0 | 117.98 | 0 | 39.87 | 0 | 72.25 | 0 | 85.60 | 0 |
