- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22Q3 (20) | 7.84 | -9.68 | -10.09 | 0.87 | -1.14 | 14.47 | 11.61 | 10.68 | 11.21 | 105.01 | 1.65 | -12.84 | 36.03 | 36.48 | 11.69 | 80.58 | -7.81 | -18.33 |
| 22Q2 (19) | 8.68 | 3.21 | -4.82 | 0.88 | 27.54 | 11.39 | 10.49 | -3.05 | 5.11 | 103.31 | -21.19 | -10.36 | 26.40 | -29.3 | -6.48 | 87.41 | -16.41 | -9.89 |
| 22Q1 (18) | 8.41 | -24.98 | -12.85 | 0.69 | -15.85 | -5.48 | 10.82 | 33.25 | 14.74 | 131.09 | 18.33 | 5.39 | 37.34 | -2.68 | 2.13 | 104.57 | 29.85 | 7.52 |
| 21Q4 (17) | 11.21 | 28.56 | 27.82 | 0.82 | 7.89 | -5.75 | 8.12 | -22.22 | -21.77 | 110.78 | -8.05 | 5.33 | 38.37 | 18.94 | 21.16 | 80.53 | -18.38 | -3.99 |
| 21Q3 (16) | 8.72 | -4.39 | 17.52 | 0.76 | -3.8 | -11.63 | 10.44 | 4.61 | -14.85 | 120.48 | 4.54 | 13.23 | 32.26 | 14.28 | 7.78 | 98.66 | 1.71 | 11.2 |
| 21Q2 (15) | 9.12 | -5.49 | 53.54 | 0.79 | 8.22 | -5.95 | 9.98 | 5.83 | -34.86 | 115.25 | -7.35 | 6.83 | 28.23 | -22.78 | -19.23 | 97.00 | -0.27 | 9.92 |
| 21Q1 (14) | 9.65 | 10.03 | 54.9 | 0.73 | -16.09 | -35.4 | 9.43 | -9.15 | -35.5 | 124.39 | 18.28 | 54.85 | 36.56 | 15.44 | 7.12 | 97.26 | 15.95 | 59.91 |
| 20Q4 (13) | 8.77 | 18.19 | 25.11 | 0.87 | 1.16 | -40.41 | 10.38 | -15.33 | -19.97 | 105.17 | -1.16 | 68.84 | 31.67 | 5.81 | 9.28 | 83.88 | -5.46 | 81.21 |
| 20Q3 (12) | 7.42 | 24.92 | 14.68 | 0.86 | 2.38 | -37.68 | 12.26 | -19.97 | -12.8 | 106.40 | -1.37 | 61.04 | 29.93 | -14.36 | -11.5 | 88.72 | 0.53 | 91.62 |
| 20Q2 (11) | 5.94 | -4.65 | -8.76 | 0.84 | -25.66 | -36.84 | 15.32 | 4.79 | 9.51 | 107.88 | 34.3 | 57.67 | 34.95 | 2.4 | 9.29 | 88.25 | 45.1 | 75.0 |
| 20Q1 (10) | 6.23 | -11.13 | -13.83 | 1.13 | -22.6 | -6.61 | 14.62 | 12.72 | 16.22 | 80.33 | 28.96 | 6.71 | 34.13 | 17.77 | 23.75 | 60.82 | 31.39 | 0.9 |
| 19Q4 (9) | 7.01 | 8.35 | -30.04 | 1.46 | 5.8 | 22.69 | 12.97 | -7.75 | 42.84 | 62.29 | -5.72 | -18.35 | 28.98 | -14.31 | -3.98 | 46.29 | -0.02 | -16.13 |
| 19Q3 (8) | 6.47 | -0.61 | -38.96 | 1.38 | 3.76 | 8.66 | 14.06 | 0.5 | 63.87 | 66.07 | -3.43 | -7.56 | 33.82 | 5.75 | 19.59 | 46.30 | -8.19 | -10.57 |
| 19Q2 (7) | 6.51 | -9.96 | -30.52 | 1.33 | 9.92 | 5.56 | 13.99 | 11.21 | 44.08 | 68.42 | -9.11 | -5.21 | 31.98 | 15.95 | 24.73 | 50.43 | -16.34 | -10.35 |
| 19Q1 (6) | 7.23 | -27.84 | -42.57 | 1.21 | 1.68 | -7.63 | 12.58 | 38.55 | 74.0 | 75.28 | -1.32 | 8.5 | 27.58 | -8.61 | -3.06 | 60.28 | 9.22 | 25.17 |
| 18Q4 (5) | 10.02 | -5.47 | -24.55 | 1.19 | -6.3 | 0.85 | 9.08 | 5.83 | 32.55 | 76.29 | 6.74 | -1.15 | 30.18 | 6.72 | -7.99 | 55.19 | 6.61 | 7.71 |
| 18Q3 (4) | 10.60 | 13.13 | 0.0 | 1.27 | 0.79 | 0.0 | 8.58 | -11.64 | 0.0 | 71.47 | -0.98 | 0.0 | 28.28 | 10.3 | 0.0 | 51.77 | -7.96 | 0.0 |
| 18Q2 (3) | 9.37 | -25.58 | 0.0 | 1.26 | -3.82 | 0.0 | 9.71 | 34.3 | 0.0 | 72.18 | 4.04 | 0.0 | 25.64 | -9.88 | 0.0 | 56.25 | 16.8 | 0.0 |
| 18Q1 (2) | 12.59 | -5.2 | 0.0 | 1.31 | 11.02 | 0.0 | 7.23 | 5.55 | 0.0 | 69.38 | -10.11 | 0.0 | 28.45 | -13.26 | 0.0 | 48.16 | -6.01 | 0.0 |
| 17Q4 (1) | 13.28 | 0.0 | 0.0 | 1.18 | 0.0 | 0.0 | 6.85 | 0.0 | 0.0 | 77.18 | 0.0 | 0.0 | 32.80 | 0.0 | 0.0 | 51.24 | 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) | 36.34 | 18.56 | 2.92 | -22.75 | 10.04 | -15.7 | 125.15 | 29.68 | 41.02 | 16.87 | 94.17 | 28.44 |
| 2020 (9) | 30.65 | 1.02 | 3.78 | -25.44 | 11.91 | -1.0 | 96.51 | 34.1 | 35.10 | 22.34 | 73.32 | 32.59 |
| 2019 (8) | 30.34 | -26.5 | 5.07 | 8.8 | 12.03 | 36.09 | 71.97 | -8.1 | 28.69 | -4.84 | 55.30 | -2.98 |
| 2018 (7) | 41.28 | -20.12 | 4.66 | 0.0 | 8.84 | 25.21 | 78.31 | -0.1 | 30.15 | -11.84 | 57.00 | 11.22 |
| 2017 (6) | 51.68 | 36.79 | 4.66 | -10.9 | 7.06 | -26.92 | 78.39 | 12.32 | 34.20 | 15.46 | 51.25 | 2.85 |
| 2016 (5) | 37.78 | 73.94 | 5.23 | 32.74 | 9.66 | -42.5 | 69.79 | -24.73 | 29.62 | -4.48 | 49.83 | -36.54 |
| 2015 (4) | 21.72 | 9.48 | 3.94 | 5.07 | 16.80 | -8.7 | 92.72 | -4.62 | 31.01 | -6.96 | 78.52 | -4.57 |
| 2014 (3) | 19.84 | 0 | 3.75 | 0 | 18.40 | 0 | 97.21 | 0 | 33.33 | 0 | 82.28 | 0 |
