- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 1.89 | 70.27 | -20.25 | 2.61 | 91.91 | -10.92 | 48.07 | -41.11 | 25.41 | 34.85 | -48.08 | 12.38 | 9.54 | 10.8 | 59.53 | 73.39 | -47.63 | 15.83 |
| 23Q3 (19) | 1.11 | 7.77 | -30.62 | 1.36 | -4.9 | -35.55 | 81.63 | -7.25 | 43.44 | 67.12 | 5.63 | 55.51 | 8.61 | -27.28 | -20.28 | 140.14 | 0.3 | 56.98 |
| 23Q2 (18) | 1.03 | -20.77 | -57.96 | 1.43 | -51.53 | -43.25 | 88.01 | 25.37 | 136.65 | 63.54 | 106.1 | 75.82 | 11.84 | -4.82 | -7.93 | 139.72 | 57.7 | 131.09 |
| 23Q1 (17) | 1.30 | -45.15 | -75.1 | 2.95 | 0.68 | 58.6 | 70.20 | 83.15 | 302.99 | 30.83 | -0.58 | -37.03 | 12.44 | 108.03 | 16.37 | 88.60 | 39.84 | 59.09 |
| 22Q4 (16) | 2.37 | 48.12 | 459.09 | 2.93 | 38.86 | 17.2 | 38.33 | -32.65 | 0 | 31.01 | -28.15 | -14.64 | 5.98 | -44.63 | 11.99 | 63.36 | -29.02 | 0 |
| 22Q3 (15) | 1.60 | -34.69 | -1.84 | 2.11 | -16.27 | -7.86 | 56.91 | 53.03 | 2.23 | 43.16 | 19.42 | 8.77 | 10.80 | -16.02 | 112.18 | 89.27 | 47.65 | -1.09 |
| 22Q2 (14) | 2.45 | -53.07 | 255.07 | 2.52 | 35.48 | 28.57 | 37.19 | 113.49 | -71.77 | 36.14 | -26.18 | -22.21 | 12.86 | 20.3 | 85.57 | 60.46 | 8.57 | -64.7 |
| 22Q1 (13) | 5.22 | 890.91 | 383.33 | 1.86 | -25.6 | -30.34 | 17.42 | 0 | -79.25 | 48.96 | 34.76 | 43.41 | 10.69 | 100.19 | 50.35 | 55.69 | 0 | -49.82 |
| 21Q4 (12) | -0.66 | -140.49 | -125.0 | 2.50 | 9.17 | -17.49 | 0.00 | -100.0 | -100.0 | 36.33 | -8.44 | 20.94 | 5.34 | 4.91 | -30.38 | 0.00 | -100.0 | -100.0 |
| 21Q3 (11) | 1.63 | 136.23 | 13.19 | 2.29 | 16.84 | -29.1 | 55.67 | -57.75 | -12.07 | 39.68 | -14.59 | 40.76 | 5.09 | -26.55 | -44.85 | 90.25 | -47.31 | 9.7 |
| 21Q2 (10) | 0.69 | -36.11 | -65.67 | 1.96 | -26.59 | -52.66 | 131.75 | 56.92 | 191.03 | 46.46 | 36.09 | 111.57 | 6.93 | -2.53 | 18.87 | 171.27 | 54.31 | 178.94 |
| 21Q1 (9) | 1.08 | -59.09 | -64.59 | 2.67 | -11.88 | -34.88 | 83.96 | 143.79 | 181.56 | 34.14 | 13.65 | 53.99 | 7.11 | -7.3 | 44.81 | 110.99 | 95.37 | 135.8 |
| 20Q4 (8) | 2.64 | 83.33 | -25.0 | 3.03 | -6.19 | -31.6 | 34.44 | -45.6 | 33.38 | 30.04 | 6.56 | 46.11 | 7.67 | -16.9 | 59.79 | 56.81 | -30.95 | 36.63 |
| 20Q3 (7) | 1.44 | -28.36 | -69.03 | 3.23 | -21.98 | 127.46 | 63.31 | 39.85 | 223.84 | 28.19 | 28.37 | -56.04 | 9.23 | 58.32 | 174.7 | 82.27 | 33.99 | 2.43 |
| 20Q2 (6) | 2.01 | -34.1 | -78.69 | 4.14 | 0.98 | -56.56 | 45.27 | 51.81 | 369.12 | 21.96 | -0.95 | 130.19 | 5.83 | 18.74 | 810.94 | 61.40 | 30.44 | 230.82 |
| 20Q1 (5) | 3.05 | -13.35 | 609.3 | 4.10 | -7.45 | 2177.78 | 29.82 | 15.49 | -85.79 | 22.17 | 7.83 | -95.73 | 4.91 | 2.29 | -99.48 | 47.07 | 13.2 | 122.88 |
| 19Q4 (4) | 3.52 | -24.3 | 0.0 | 4.43 | 211.97 | 0.0 | 25.82 | 32.07 | 0.0 | 20.56 | -67.94 | 0.0 | 4.80 | 42.86 | 0.0 | 41.58 | -48.23 | 0.0 |
| 19Q3 (3) | 4.65 | -50.69 | 0.0 | 1.42 | -85.1 | 0.0 | 19.55 | 102.59 | 0.0 | 64.13 | 572.22 | 0.0 | 3.36 | 425.0 | 0.0 | 80.32 | 332.76 | 0.0 |
| 19Q2 (2) | 9.43 | 2093.02 | 0.0 | 9.53 | 5194.44 | 0.0 | 9.65 | -95.4 | 0.0 | 9.54 | -98.16 | 0.0 | 0.64 | -99.93 | 0.0 | 18.56 | 109.02 | 0.0 |
| 19Q1 (1) | 0.43 | 0.0 | 0.0 | 0.18 | 0.0 | 0.0 | 209.88 | 0.0 | 0.0 | 519.71 | 0.0 | 0.0 | 935.28 | 0.0 | 0.0 | -205.69 | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 4.33 | -48.45 | 14.68 | 16.14 | 84.20 | 93.79 | 24.87 | -13.89 | 12.36 | 43.39 | 96.70 | 51.76 |
| 2022 (9) | 8.40 | 85.43 | 12.64 | 34.75 | 43.45 | -46.04 | 28.88 | -25.76 | 8.62 | 4.61 | 63.72 | -42.68 |
| 2021 (8) | 4.53 | -12.72 | 9.38 | -26.08 | 80.52 | 14.47 | 38.90 | 35.26 | 8.24 | -2.37 | 111.17 | 22.62 |
| 2020 (7) | 5.19 | -66.58 | 12.69 | 19.04 | 70.34 | 199.32 | 28.76 | -16.0 | 8.44 | -55.86 | 90.66 | 134.69 |
| 2019 (6) | 15.53 | 171.03 | 10.66 | 380.18 | 23.50 | -63.1 | 34.24 | -79.13 | 19.12 | -95.3 | 38.63 | 0 |
| 2018 (5) | 5.73 | -82.47 | 2.22 | -84.46 | 63.69 | 470.19 | 164.06 | 542.36 | 407.22 | 2596.82 | -179.46 | 0 |
| 2017 (4) | 32.69 | 931.23 | 14.29 | 610.95 | 11.17 | -90.29 | 25.54 | -85.9 | 15.10 | -42.12 | 21.61 | -92.0 |
| 2016 (3) | 3.17 | -25.93 | 2.01 | 52.27 | 115.02 | 34.92 | 181.17 | -34.35 | 26.09 | -13.89 | 270.10 | -18.38 |
| 2015 (2) | 4.28 | -94.63 | 1.32 | -67.88 | 85.25 | 1761.35 | 275.97 | 210.39 | 30.30 | 373.44 | 330.91 | 279.96 |
| 2014 (1) | 79.76 | -94.73 | 4.11 | -82.29 | 4.58 | 1808.33 | 88.91 | 465.59 | 6.40 | 102.53 | 87.09 | 579.86 |
