- 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) | 0.78 | -12.36 | -14.29 | 1.17 | -10.69 | -1.68 | 117.22 | 15.16 | 17.22 | 77.64 | 11.63 | 1.86 | 112.78 | -3.71 | 42.56 | 82.08 | 51.38 | -15.47 |
| 23Q3 (19) | 0.89 | -12.75 | 20.27 | 1.31 | -10.27 | 43.96 | 101.79 | 14.09 | -16.88 | 69.55 | 11.82 | -30.57 | 117.13 | 11.14 | 27.26 | 54.22 | 17.77 | -58.48 |
| 23Q2 (18) | 1.02 | 0.99 | 18.6 | 1.46 | 5.04 | 67.82 | 89.22 | -0.57 | -16.01 | 62.20 | -4.73 | -40.67 | 105.39 | 12.85 | 8.16 | 46.04 | -25.3 | -59.49 |
| 23Q1 (17) | 1.01 | 10.99 | 40.28 | 1.39 | 16.81 | 69.51 | 89.73 | -10.27 | -29.22 | 65.29 | -14.34 | -41.01 | 93.39 | 18.05 | -12.1 | 61.63 | -36.53 | -53.03 |
| 22Q4 (16) | 0.91 | 22.97 | 10.98 | 1.19 | 30.77 | 19.0 | 100.00 | -18.34 | -9.42 | 76.22 | -23.92 | -15.96 | 79.11 | -14.05 | -21.8 | 97.10 | -25.65 | -2.83 |
| 22Q3 (15) | 0.74 | -13.95 | -9.76 | 0.91 | 4.6 | -9.9 | 122.46 | 15.28 | 10.78 | 100.18 | -4.44 | 11.21 | 92.04 | -5.54 | -25.34 | 130.60 | 14.92 | 68.86 |
| 22Q2 (14) | 0.86 | 19.44 | -1.15 | 0.87 | 6.1 | -33.59 | 106.23 | -16.21 | 1.51 | 104.84 | -5.28 | 51.44 | 97.44 | -8.29 | -18.34 | 113.64 | -13.4 | 108.32 |
| 22Q1 (13) | 0.72 | -12.2 | -18.18 | 0.82 | -18.0 | -49.07 | 126.78 | 14.84 | 22.56 | 110.68 | 22.04 | 96.28 | 106.25 | 5.03 | -6.64 | 131.22 | 31.31 | 185.14 |
| 21Q4 (12) | 0.82 | 0.0 | -13.68 | 1.00 | -0.99 | -45.95 | 110.40 | -0.13 | 15.2 | 90.69 | 0.68 | 84.7 | 101.16 | -17.94 | -4.66 | 99.93 | 29.21 | 157.35 |
| 21Q3 (11) | 0.82 | -5.75 | -19.61 | 1.01 | -22.9 | -53.24 | 110.54 | 5.63 | 24.13 | 90.08 | 30.12 | 113.81 | 123.28 | 3.31 | 30.15 | 77.34 | 41.78 | 112.12 |
| 21Q2 (10) | 0.87 | -1.14 | -26.27 | 1.31 | -18.63 | -37.32 | 104.65 | 1.17 | 35.28 | 69.23 | 22.77 | 58.93 | 119.33 | 4.85 | 43.74 | 54.55 | 18.54 | 43.93 |
| 21Q1 (9) | 0.88 | -7.37 | 37.5 | 1.61 | -12.97 | 38.79 | 103.44 | 7.94 | -27.76 | 56.39 | 14.85 | -28.15 | 113.81 | 7.26 | -22.87 | 46.02 | 18.52 | -37.89 |
| 20Q4 (8) | 0.95 | -6.86 | 2.15 | 1.85 | -14.35 | -6.09 | 95.83 | 7.61 | -1.83 | 49.10 | 16.54 | 6.39 | 106.11 | 12.02 | 1.25 | 38.83 | 6.5 | -0.36 |
| 20Q3 (7) | 1.02 | -13.56 | 5.15 | 2.16 | 3.35 | 16.76 | 89.05 | 15.11 | -5.13 | 42.13 | -3.28 | -14.4 | 94.72 | 14.09 | -11.13 | 36.46 | -3.8 | -0.11 |
| 20Q2 (6) | 1.18 | 84.37 | 8.26 | 2.09 | 80.17 | 6.63 | 77.36 | -45.97 | -7.49 | 43.56 | -44.5 | -6.16 | 83.02 | -43.74 | 0.69 | 37.90 | -48.85 | -20.36 |
| 20Q1 (5) | 0.64 | -31.18 | -8.57 | 1.16 | -41.12 | -14.71 | 143.19 | 46.68 | 9.65 | 78.48 | 70.05 | 17.31 | 147.56 | 40.8 | 30.98 | 74.10 | 90.15 | -12.64 |
| 19Q4 (4) | 0.93 | -4.12 | 0.0 | 1.97 | 6.49 | 0.0 | 97.62 | 3.99 | 0.0 | 46.15 | -6.24 | 0.0 | 104.80 | -1.67 | 0.0 | 38.97 | 6.77 | 0.0 |
| 19Q3 (3) | 0.97 | -11.01 | 0.0 | 1.85 | -5.61 | 0.0 | 93.87 | 12.26 | 0.0 | 49.22 | 6.03 | 0.0 | 106.58 | 29.27 | 0.0 | 36.50 | -23.3 | 0.0 |
| 19Q2 (2) | 1.09 | 55.71 | 0.0 | 1.96 | 44.12 | 0.0 | 83.62 | -35.97 | 0.0 | 46.42 | -30.61 | 0.0 | 82.45 | -26.82 | 0.0 | 47.59 | -43.89 | 0.0 |
| 19Q1 (1) | 0.70 | 0.0 | 0.0 | 1.36 | 0.0 | 0.0 | 130.59 | 0.0 | 0.0 | 66.90 | 0.0 | 0.0 | 112.66 | 0.0 | 0.0 | 84.82 | 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) | 4.52 | 62.01 | 6.45 | 65.38 | 80.67 | -38.36 | 56.61 | -39.45 | 71.16 | -30.87 | 66.13 | -45.55 |
| 2022 (9) | 2.79 | -21.41 | 3.90 | -31.34 | 130.88 | 27.41 | 93.50 | 45.53 | 102.93 | 7.86 | 121.45 | 69.74 |
| 2021 (8) | 3.55 | 13.42 | 5.68 | -9.12 | 102.72 | -11.93 | 64.25 | 9.98 | 95.43 | -23.32 | 71.55 | 41.4 |
| 2020 (7) | 3.13 | -1.57 | 6.25 | -11.6 | 116.64 | 1.74 | 58.42 | 13.17 | 124.46 | 20.5 | 50.60 | -19.64 |
| 2019 (6) | 3.18 | -14.29 | 7.07 | -25.74 | 114.64 | 16.4 | 51.62 | 34.64 | 103.29 | 11.97 | 62.97 | 41.25 |
| 2018 (5) | 3.71 | 15.94 | 9.52 | 13.6 | 98.49 | -13.67 | 38.34 | -11.98 | 92.25 | -18.21 | 44.58 | -0.6 |
| 2017 (4) | 3.20 | 5.96 | 8.38 | 12.94 | 114.08 | -5.62 | 43.56 | -11.5 | 112.79 | -8.07 | 44.85 | -5.4 |
| 2016 (3) | 3.02 | 0.33 | 7.42 | -9.51 | 120.87 | -0.18 | 49.22 | 10.56 | 122.69 | 9.02 | 47.41 | -10.65 |
| 2015 (2) | 3.01 | -10.42 | 8.20 | 10.36 | 121.09 | 11.61 | 44.52 | -9.36 | 112.54 | 19.25 | 53.06 | -16.1 |
| 2014 (1) | 3.36 | -5.88 | 7.43 | 0.13 | 108.49 | 6.14 | 49.12 | -0.18 | 94.37 | 11.23 | 63.24 | -5.03 |
