- 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) | 2.73 | 14.71 | -3.19 | 1.81 | 12.42 | 32.12 | 33.37 | -12.85 | 3.22 | 50.18 | -11.14 | -24.3 | 32.83 | -8.01 | -13.58 | 50.72 | -14.14 | -16.33 |
| 23Q3 (19) | 2.38 | -1.24 | -4.8 | 1.61 | 5.92 | 38.79 | 38.29 | 1.51 | 5.39 | 56.47 | -5.47 | -27.71 | 35.69 | 2.5 | -25.27 | 59.07 | -5.7 | -11.43 |
| 23Q2 (18) | 2.41 | -6.95 | -1.23 | 1.52 | 9.35 | 4.83 | 37.72 | 7.28 | 0.99 | 59.74 | -8.79 | -4.61 | 34.82 | -5.28 | -25.5 | 62.64 | -1.99 | 17.66 |
| 23Q1 (17) | 2.59 | -8.16 | 0.39 | 1.39 | 1.46 | -29.44 | 35.16 | 8.75 | -0.51 | 65.50 | -1.19 | 41.9 | 36.76 | -3.24 | -26.16 | 63.91 | 5.43 | 101.55 |
| 22Q4 (16) | 2.82 | 12.8 | 2.55 | 1.37 | 18.1 | -37.44 | 32.33 | -11.01 | -2.41 | 66.29 | -15.14 | 59.77 | 37.99 | -20.46 | -13.4 | 60.62 | -9.1 | 97.14 |
| 22Q3 (15) | 2.50 | 2.46 | 6.38 | 1.16 | -20.0 | -45.02 | 36.33 | -2.73 | -6.03 | 78.12 | 24.73 | 80.79 | 47.76 | 2.18 | 21.06 | 66.69 | 25.26 | 57.18 |
| 22Q2 (14) | 2.44 | -5.43 | -5.79 | 1.45 | -26.4 | -39.83 | 37.35 | 5.69 | 6.14 | 62.63 | 35.68 | 65.95 | 46.74 | -6.11 | 39.9 | 53.24 | 67.9 | 34.75 |
| 22Q1 (13) | 2.58 | -6.18 | -3.01 | 1.97 | -10.05 | -18.6 | 35.34 | 6.67 | 3.48 | 46.16 | 11.26 | 22.93 | 49.78 | 13.47 | 59.25 | 31.71 | 3.12 | -21.59 |
| 21Q4 (12) | 2.75 | 17.02 | 9.13 | 2.19 | 3.79 | -15.12 | 33.13 | -14.3 | -8.18 | 41.49 | -3.98 | 17.5 | 43.87 | 11.2 | 53.34 | 30.75 | -27.53 | -28.12 |
| 21Q3 (11) | 2.35 | -9.27 | -14.23 | 2.11 | -12.45 | -17.58 | 38.66 | 9.86 | 16.27 | 43.21 | 14.49 | 21.58 | 39.45 | 18.08 | 66.67 | 42.43 | 7.39 | -5.96 |
| 21Q2 (10) | 2.59 | -2.63 | -0.38 | 2.41 | -0.41 | 40.12 | 35.19 | 3.05 | 0.49 | 37.74 | 0.51 | -28.73 | 33.41 | 6.88 | 15.01 | 39.51 | -2.3 | -32.94 |
| 21Q1 (9) | 2.66 | 5.56 | 66.25 | 2.42 | -6.2 | 96.75 | 34.15 | -5.35 | -39.88 | 37.55 | 6.34 | -49.17 | 31.26 | 9.26 | -9.15 | 40.44 | -5.47 | -57.99 |
| 20Q4 (8) | 2.52 | -8.03 | -2.7 | 2.58 | 0.78 | 50.88 | 36.08 | 8.51 | 2.85 | 35.31 | -0.65 | -33.8 | 28.61 | 20.87 | 13.76 | 42.78 | -5.19 | -32.39 |
| 20Q3 (7) | 2.74 | 5.38 | 9.6 | 2.56 | 48.84 | 128.57 | 33.25 | -5.05 | -8.53 | 35.54 | -32.88 | -56.24 | 23.67 | -18.52 | -40.08 | 45.12 | -23.42 | -42.21 |
| 20Q2 (6) | 2.60 | 62.5 | 15.04 | 1.72 | 39.84 | 91.11 | 35.02 | -38.35 | -13.04 | 52.95 | -28.33 | -47.35 | 29.05 | -15.58 | -43.64 | 58.92 | -38.8 | -34.02 |
| 20Q1 (5) | 1.60 | -38.22 | -26.94 | 1.23 | -28.07 | 36.67 | 56.80 | 61.92 | 36.41 | 73.88 | 38.51 | -27.23 | 34.41 | 36.82 | -51.71 | 96.27 | 52.16 | 33.89 |
| 19Q4 (4) | 2.59 | 3.6 | 0.0 | 1.71 | 52.68 | 0.0 | 35.08 | -3.49 | 0.0 | 53.34 | -34.33 | 0.0 | 25.15 | -36.33 | 0.0 | 63.27 | -18.96 | 0.0 |
| 19Q3 (3) | 2.50 | 10.62 | 0.0 | 1.12 | 24.44 | 0.0 | 36.35 | -9.73 | 0.0 | 81.22 | -19.24 | 0.0 | 39.50 | -23.36 | 0.0 | 78.07 | -12.58 | 0.0 |
| 19Q2 (2) | 2.26 | 3.2 | 0.0 | 0.90 | 0.0 | 0.0 | 40.27 | -3.29 | 0.0 | 100.57 | -0.95 | 0.0 | 51.54 | -27.67 | 0.0 | 89.30 | 24.2 | 0.0 |
| 19Q1 (1) | 2.19 | 0.0 | 0.0 | 0.90 | 0.0 | 0.0 | 41.64 | 0.0 | 0.0 | 101.53 | 0.0 | 0.0 | 71.26 | 0.0 | 0.0 | 71.90 | 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) | 11.43 | 0.35 | 6.53 | -2.97 | 31.93 | -0.34 | 55.90 | 3.12 | 30.91 | -27.46 | 56.92 | 30.43 |
| 2022 (9) | 11.39 | 0.09 | 6.73 | -25.72 | 32.04 | -0.09 | 54.21 | 34.62 | 42.61 | 3.15 | 43.64 | 40.64 |
| 2021 (8) | 11.38 | 30.5 | 9.06 | 7.86 | 32.07 | -23.39 | 40.27 | -7.38 | 41.31 | 80.31 | 31.03 | -50.29 |
| 2020 (7) | 8.72 | 0.46 | 8.40 | 35.48 | 41.86 | -0.5 | 43.48 | -26.14 | 22.91 | -35.9 | 62.42 | -4.28 |
| 2019 (6) | 8.68 | 3.7 | 6.20 | 6.71 | 42.07 | -3.53 | 58.87 | -6.3 | 35.74 | -41.95 | 65.21 | 45.33 |
| 2018 (5) | 8.37 | 133.15 | 5.81 | 42.75 | 43.61 | -57.07 | 62.83 | -29.97 | 61.57 | -42.87 | 44.87 | -46.28 |
| 2017 (4) | 3.59 | 0 | 4.07 | 0 | 101.58 | 0 | 89.72 | 0 | 107.78 | 0 | 83.53 | 0 |
