- 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) | 25.31 | -10.47 | -11.29 | 25.76 | 0.66 | -26.02 | 3.60 | 11.8 | 12.85 | 3.53 | -0.84 | 35.25 | 22.71 | 8.66 | 3.27 | -15.58 | -10.26 | 3.71 |
| 23Q3 (19) | 28.27 | -31.63 | -4.1 | 25.59 | -2.07 | -19.65 | 3.22 | 46.36 | 4.21 | 3.56 | 2.3 | 24.48 | 20.90 | -0.29 | 1.55 | -14.13 | 7.53 | 3.48 |
| 23Q2 (18) | 41.35 | 28.98 | 88.3 | 26.13 | -11.42 | 0.27 | 2.20 | -22.54 | -46.86 | 3.48 | 12.62 | -0.29 | 20.96 | -11.41 | -5.07 | -15.28 | 13.87 | -5.82 |
| 23Q1 (17) | 32.06 | 12.37 | 61.84 | 29.50 | -15.28 | 18.05 | 2.84 | -10.97 | -38.13 | 3.09 | 18.39 | -15.11 | 23.66 | 7.59 | 0.51 | -17.74 | -9.64 | -15.95 |
| 22Q4 (16) | 28.53 | -3.22 | 43.58 | 34.82 | 9.32 | 3.35 | 3.19 | 3.24 | -30.35 | 2.61 | -8.74 | -3.33 | 21.99 | 6.85 | -0.27 | -16.18 | -10.52 | -9.55 |
| 22Q3 (15) | 29.48 | 34.24 | 76.42 | 31.85 | 22.22 | -23.86 | 3.09 | -25.36 | -43.3 | 2.86 | -18.05 | 31.19 | 20.58 | -6.79 | 3.21 | -14.64 | -1.39 | -18.83 |
| 22Q2 (14) | 21.96 | 10.85 | 52.5 | 26.06 | 4.28 | -25.78 | 4.14 | -9.8 | -34.49 | 3.49 | -4.12 | 34.75 | 22.08 | -6.2 | 9.14 | -14.44 | 5.62 | -27.56 |
| 22Q1 (13) | 19.81 | -0.3 | 65.64 | 24.99 | -25.82 | -23.25 | 4.59 | 0.22 | -39.68 | 3.64 | 34.81 | 30.0 | 23.54 | 6.76 | 3.65 | -15.30 | -3.59 | -24.29 |
| 21Q4 (12) | 19.87 | 18.91 | 115.98 | 33.69 | -19.46 | -1.43 | 4.58 | -15.96 | -53.69 | 2.70 | 23.85 | 1.5 | 22.05 | 10.58 | -20.94 | -14.77 | -19.89 | 3.72 |
| 21Q3 (11) | 16.71 | 16.04 | 274.66 | 41.83 | 19.14 | 753.67 | 5.45 | -13.77 | -73.28 | 2.18 | -15.83 | -88.25 | 19.94 | -1.43 | -34.77 | -12.32 | -8.83 | -246.84 |
| 21Q2 (10) | 14.40 | 20.4 | 293.44 | 35.11 | 7.83 | 861.92 | 6.32 | -16.95 | -74.57 | 2.59 | -7.5 | -89.6 | 20.23 | -10.92 | -15.53 | -11.32 | 8.04 | -143.88 |
| 21Q1 (9) | 11.96 | 30.0 | 239.77 | 32.56 | -4.74 | 626.79 | 7.61 | -23.05 | -70.57 | 2.80 | 5.26 | -86.22 | 22.71 | -18.57 | -0.26 | -12.31 | 19.75 | -152.58 |
| 20Q4 (8) | 9.20 | 106.28 | 119.05 | 34.18 | 597.55 | 622.62 | 9.89 | -51.52 | -54.38 | 2.66 | -85.67 | -86.17 | 27.89 | -8.77 | 38.96 | -15.34 | -282.84 | -173.61 |
| 20Q3 (7) | 4.46 | 21.86 | -0.67 | 4.90 | 34.25 | 38.42 | 20.40 | -17.91 | 0.69 | 18.56 | -25.46 | -27.78 | 30.57 | 27.64 | 40.23 | 8.39 | -67.48 | -65.27 |
| 20Q2 (6) | 3.66 | 3.98 | 4.27 | 3.65 | -18.53 | 22.07 | 24.85 | -3.91 | -4.28 | 24.90 | 22.54 | -18.28 | 23.95 | 5.18 | 8.72 | 25.80 | 10.21 | -25.0 |
| 20Q1 (5) | 3.52 | -16.19 | 16.94 | 4.48 | -5.29 | 89.83 | 25.86 | 19.28 | -14.57 | 20.32 | 5.67 | -47.29 | 22.77 | 13.45 | -2.4 | 23.41 | 12.33 | -48.54 |
| 19Q4 (4) | 4.20 | -6.46 | 0.0 | 4.73 | 33.62 | 0.0 | 21.68 | 7.01 | 0.0 | 19.23 | -25.18 | 0.0 | 20.07 | -7.94 | 0.0 | 20.84 | -13.74 | 0.0 |
| 19Q3 (3) | 4.49 | 27.92 | 0.0 | 3.54 | 18.39 | 0.0 | 20.26 | -21.96 | 0.0 | 25.70 | -15.65 | 0.0 | 21.80 | -1.04 | 0.0 | 24.16 | -29.77 | 0.0 |
| 19Q2 (2) | 3.51 | 16.61 | 0.0 | 2.99 | 26.69 | 0.0 | 25.96 | -14.24 | 0.0 | 30.47 | -20.96 | 0.0 | 22.03 | -5.57 | 0.0 | 34.40 | -24.38 | 0.0 |
| 19Q1 (1) | 3.01 | 0.0 | 0.0 | 2.36 | 0.0 | 0.0 | 30.27 | 0.0 | 0.0 | 38.55 | 0.0 | 0.0 | 23.33 | 0.0 | 0.0 | 45.49 | 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) | 242.38 | 48.71 | 109.68 | -5.05 | 1.51 | -32.59 | 3.33 | 5.38 | 24.70 | 4.04 | -19.86 | 0 |
| 2022 (9) | 162.99 | 122.85 | 115.51 | -1.68 | 2.24 | -55.11 | 3.16 | 1.61 | 23.74 | 4.31 | -18.34 | 0 |
| 2021 (8) | 73.14 | 236.12 | 117.48 | 246.14 | 4.99 | -70.24 | 3.11 | -71.07 | 22.76 | 11.62 | -14.66 | 0 |
| 2020 (7) | 21.76 | 62.15 | 33.94 | 176.84 | 16.77 | -38.35 | 10.75 | -63.88 | 20.39 | -0.34 | 7.14 | -80.44 |
| 2019 (6) | 13.42 | -24.27 | 12.26 | 9.07 | 27.20 | 32.1 | 29.76 | -8.35 | 20.46 | -13.12 | 36.50 | 23.69 |
| 2018 (5) | 17.72 | -30.7 | 11.24 | -25.96 | 20.59 | 44.29 | 32.47 | 35.01 | 23.55 | 40.01 | 29.51 | 37.19 |
| 2017 (4) | 25.57 | 221.23 | 15.18 | 250.58 | 14.27 | -68.88 | 24.05 | -71.45 | 16.82 | 10.22 | 21.51 | -81.27 |
| 2016 (3) | 7.96 | 61.46 | 4.33 | 41.04 | 45.86 | -38.08 | 84.24 | -29.16 | 15.26 | -63.37 | 114.84 | -24.1 |
| 2015 (2) | 4.93 | 162.23 | 3.07 | 33.48 | 74.06 | -61.84 | 118.92 | -24.91 | 41.66 | -51.41 | 151.31 | -43.27 |
| 2014 (1) | 1.88 | -34.04 | 2.30 | 20.42 | 194.09 | 51.29 | 158.36 | -17.12 | 85.73 | 8.86 | 266.72 | 10.86 |
