- 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) | 0.52 | -8.77 | 1.96 | 8.66 | 37.9 | 79.3 | 173.57 | 8.22 | -3.56 | 10.51 | -27.47 | -44.18 | 76.89 | -0.47 | 0.79 | 107.19 | 9.8 | -12.51 |
| 23Q3 (19) | 0.57 | -18.57 | 16.33 | 6.28 | -4.27 | 13.15 | 160.39 | 23.72 | -14.44 | 14.49 | 4.55 | -11.65 | 77.25 | 30.89 | -16.74 | 97.62 | 15.55 | -12.11 |
| 23Q2 (18) | 0.70 | 75.0 | -4.11 | 6.56 | 81.72 | -22.91 | 129.64 | -43.14 | 3.91 | 13.86 | -44.98 | 29.53 | 59.02 | -35.26 | -13.98 | 84.48 | -47.85 | 26.37 |
| 23Q1 (17) | 0.40 | -21.57 | -45.95 | 3.61 | -25.26 | -44.03 | 227.98 | 26.68 | 86.49 | 25.19 | 33.78 | 78.53 | 91.17 | 19.5 | 29.03 | 162.00 | 32.23 | 146.54 |
| 22Q4 (16) | 0.51 | 4.08 | -44.57 | 4.83 | -12.97 | -28.44 | 179.97 | -3.99 | 82.29 | 18.83 | 14.82 | 39.69 | 76.29 | -17.77 | 12.47 | 122.51 | 10.3 | 175.99 |
| 22Q3 (15) | 0.49 | -32.88 | -47.31 | 5.55 | -34.78 | -16.79 | 187.45 | 50.25 | 92.49 | 16.40 | 53.27 | 20.32 | 92.78 | 35.23 | 22.95 | 111.07 | 66.15 | 212.43 |
| 22Q2 (14) | 0.73 | -1.35 | -17.05 | 8.51 | 31.94 | -7.7 | 124.76 | 2.05 | 21.07 | 10.70 | -24.17 | 8.41 | 68.61 | -2.9 | -1.9 | 66.85 | 1.73 | 55.54 |
| 22Q1 (13) | 0.74 | -19.57 | 2.78 | 6.45 | -4.44 | -33.09 | 122.25 | 23.82 | -3.33 | 14.11 | 4.67 | 49.47 | 70.66 | 4.17 | -13.65 | 65.71 | 48.03 | 21.55 |
| 21Q4 (12) | 0.92 | -1.08 | 4.55 | 6.75 | 1.2 | -26.23 | 98.73 | 1.39 | -4.86 | 13.48 | -1.1 | 35.48 | 67.83 | -10.11 | -8.98 | 44.39 | 24.87 | 13.24 |
| 21Q3 (11) | 0.93 | 5.68 | 9.41 | 6.67 | -27.66 | -22.26 | 97.38 | -5.5 | -9.44 | 13.63 | 38.1 | 28.58 | 75.46 | 7.89 | 12.73 | 35.55 | -17.29 | -30.55 |
| 21Q2 (10) | 0.88 | 22.22 | 51.72 | 9.22 | -4.36 | 34.6 | 103.05 | -18.51 | -33.86 | 9.87 | 4.56 | -25.73 | 69.94 | -14.53 | -3.3 | 42.98 | -20.5 | -55.59 |
| 21Q1 (9) | 0.72 | -18.18 | 75.61 | 9.64 | 5.36 | 131.73 | 126.46 | 21.87 | -42.87 | 9.44 | -5.13 | -56.82 | 81.83 | 9.81 | -23.03 | 54.06 | 37.91 | -60.52 |
| 20Q4 (8) | 0.88 | 3.53 | 54.39 | 9.15 | 6.64 | 69.44 | 103.77 | -3.5 | -35.4 | 9.95 | -6.13 | -40.95 | 74.52 | 11.32 | -12.58 | 39.20 | -23.42 | -57.5 |
| 20Q3 (7) | 0.85 | 46.55 | 51.79 | 8.58 | 25.26 | 4.76 | 107.53 | -30.98 | -33.47 | 10.60 | -20.24 | -4.5 | 66.94 | -7.45 | -17.55 | 51.19 | -47.1 | -44.09 |
| 20Q2 (6) | 0.58 | 41.46 | -6.45 | 6.85 | 64.66 | -46.36 | 155.80 | -29.62 | 6.42 | 13.29 | -39.2 | 86.66 | 72.33 | -31.96 | 14.7 | 96.77 | -29.33 | 6.96 |
| 20Q1 (5) | 0.41 | -28.07 | -14.58 | 4.16 | -22.96 | -45.69 | 221.37 | 37.81 | 15.72 | 21.86 | 29.73 | 84.01 | 106.31 | 24.72 | 42.35 | 136.93 | 48.45 | 6.56 |
| 19Q4 (4) | 0.57 | 1.79 | 0.0 | 5.40 | -34.07 | 0.0 | 160.63 | -0.62 | 0.0 | 16.85 | 51.8 | 0.0 | 85.24 | 4.99 | 0.0 | 92.24 | 0.75 | 0.0 |
| 19Q3 (3) | 0.56 | -9.68 | 0.0 | 8.19 | -35.87 | 0.0 | 161.63 | 10.4 | 0.0 | 11.10 | 55.9 | 0.0 | 81.19 | 28.75 | 0.0 | 91.55 | 1.19 | 0.0 |
| 19Q2 (2) | 0.62 | 29.17 | 0.0 | 12.77 | 66.71 | 0.0 | 146.40 | -23.47 | 0.0 | 7.12 | -40.07 | 0.0 | 63.06 | -15.56 | 0.0 | 90.47 | -29.6 | 0.0 |
| 19Q1 (1) | 0.48 | 0.0 | 0.0 | 7.66 | 0.0 | 0.0 | 191.30 | 0.0 | 0.0 | 11.88 | 0.0 | 0.0 | 74.68 | 0.0 | 0.0 | 128.50 | 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) | 2.44 | -11.27 | 38.75 | 57.46 | 149.47 | 12.41 | 9.42 | -36.48 | 62.97 | -10.03 | 95.92 | 23.27 |
| 2022 (9) | 2.75 | -19.12 | 24.61 | -23.31 | 132.97 | 23.9 | 14.83 | 30.32 | 69.99 | -3.4 | 77.81 | 68.27 |
| 2021 (8) | 3.40 | 21.86 | 32.09 | 17.93 | 107.32 | -17.9 | 11.38 | -15.14 | 72.45 | -13.84 | 46.24 | -23.0 |
| 2020 (7) | 2.79 | 18.72 | 27.21 | 9.1 | 130.72 | -15.69 | 13.41 | -8.4 | 84.09 | 10.04 | 60.05 | -35.61 |
| 2019 (6) | 2.35 | 16.34 | 24.94 | -41.03 | 155.04 | -14.31 | 14.64 | 69.64 | 76.42 | -2.05 | 93.26 | -16.4 |
| 2018 (5) | 2.02 | -8.18 | 42.29 | 17.8 | 180.93 | 9.23 | 8.63 | -15.14 | 78.02 | 21.3 | 111.55 | 0.06 |
| 2017 (4) | 2.20 | 22.22 | 35.90 | 84.2 | 165.64 | -18.36 | 10.17 | -45.7 | 64.32 | -11.7 | 111.48 | -25.08 |
| 2016 (3) | 1.80 | -8.16 | 19.49 | 8.88 | 202.90 | 8.71 | 18.73 | -8.14 | 72.84 | -0.03 | 148.80 | 10.9 |
| 2015 (2) | 1.96 | -25.76 | 17.90 | -41.31 | 186.65 | 35.02 | 20.39 | 70.34 | 72.86 | 29.81 | 134.18 | 42.64 |
| 2014 (1) | 2.64 | -5.71 | 30.50 | -81.52 | 138.24 | 5.96 | 11.97 | 441.63 | 56.13 | 5.25 | 94.07 | 18.57 |
