- 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) | 4.37 | 27.03 | 79.84 | 4.80 | 52.38 | 97.53 | 20.80 | -21.42 | -44.53 | 18.95 | -34.45 | -49.49 | 30.99 | -7.08 | -20.5 | 8.76 | -60.22 | -75.69 |
| 23Q3 (19) | 3.44 | 14.29 | 116.35 | 3.15 | 28.05 | 126.62 | 26.47 | -12.47 | -53.62 | 28.91 | -21.95 | -55.7 | 33.35 | -2.57 | -48.24 | 22.02 | -33.35 | -61.97 |
| 23Q2 (18) | 3.01 | 17.12 | 15.77 | 2.46 | 28.8 | 35.16 | 30.24 | -14.58 | -13.45 | 37.04 | -22.25 | -25.83 | 34.23 | -27.28 | -31.39 | 33.04 | -8.15 | -5.6 |
| 23Q1 (17) | 2.57 | 5.76 | 17.89 | 1.91 | -21.4 | 20.13 | 35.40 | -5.6 | -15.17 | 47.64 | 26.97 | -16.57 | 47.07 | 20.75 | -45.17 | 35.97 | -0.19 | 177.33 |
| 22Q4 (16) | 2.43 | 52.83 | -43.09 | 2.43 | 74.82 | -29.36 | 37.50 | -34.29 | 76.06 | 37.52 | -42.51 | 41.69 | 38.98 | -39.5 | -12.07 | 36.04 | -37.75 | 941.62 |
| 22Q3 (15) | 1.59 | -38.85 | -31.76 | 1.39 | -23.63 | -22.35 | 57.07 | 63.34 | 46.11 | 65.26 | 30.68 | 28.34 | 64.43 | 29.14 | 0.02 | 57.90 | 65.43 | 127.15 |
| 22Q2 (14) | 2.60 | 19.27 | 75.68 | 1.82 | 14.47 | 12.35 | 34.94 | -16.27 | -43.02 | 49.94 | -12.54 | -11.28 | 49.89 | -41.89 | -30.31 | 35.00 | 169.85 | -23.95 |
| 22Q1 (13) | 2.18 | -48.95 | 33.74 | 1.59 | -53.78 | -19.29 | 41.73 | 95.92 | -25.17 | 57.10 | 115.63 | 23.91 | 85.85 | 93.66 | 52.24 | 12.97 | 274.86 | -71.47 |
| 21Q4 (12) | 4.27 | 83.26 | 102.37 | 3.44 | 92.18 | 37.05 | 21.30 | -45.47 | -50.52 | 26.48 | -47.93 | -27.03 | 44.33 | -31.19 | 12.37 | 3.46 | -86.43 | -91.33 |
| 21Q3 (11) | 2.33 | 57.43 | 37.87 | 1.79 | 10.49 | 19.33 | 39.06 | -36.3 | -27.64 | 50.85 | -9.66 | -16.39 | 64.42 | -10.02 | 2.21 | 25.49 | -44.61 | -50.76 |
| 21Q2 (10) | 1.48 | -9.2 | -7.5 | 1.62 | -17.77 | 51.4 | 61.32 | 9.95 | 7.88 | 56.29 | 22.16 | -33.65 | 71.59 | 26.96 | -18.31 | 46.02 | 1.23 | -14.86 |
| 21Q1 (9) | 1.63 | -22.75 | 10.88 | 1.97 | -21.51 | 65.55 | 55.77 | 29.55 | -9.77 | 46.08 | 26.98 | -39.5 | 56.39 | 42.94 | -32.24 | 45.46 | 13.96 | -16.97 |
| 20Q4 (8) | 2.11 | 24.85 | 1.93 | 2.51 | 67.33 | 28.72 | 43.05 | -20.25 | -1.96 | 36.29 | -40.33 | -22.07 | 39.45 | -37.41 | -31.36 | 39.89 | -22.95 | 20.84 |
| 20Q3 (7) | 1.69 | 5.62 | -7.14 | 1.50 | 40.19 | -18.03 | 53.98 | -5.03 | 8.05 | 60.82 | -28.31 | 22.62 | 63.03 | -28.08 | -1.33 | 51.77 | -4.22 | 45.1 |
| 20Q2 (6) | 1.60 | 8.84 | 12.68 | 1.07 | -10.08 | -31.85 | 56.84 | -8.04 | -11.24 | 84.84 | 11.38 | 46.78 | 87.64 | 5.31 | 37.65 | 54.05 | -1.28 | -7.08 |
| 20Q1 (5) | 1.47 | -28.99 | 5.76 | 1.19 | -38.97 | -20.13 | 61.81 | 40.77 | -5.68 | 76.17 | 63.56 | 25.01 | 83.22 | 44.81 | 45.95 | 54.75 | 65.86 | -21.15 |
| 19Q4 (4) | 2.07 | 13.74 | 0.0 | 1.95 | 6.56 | 0.0 | 43.91 | -12.11 | 0.0 | 46.57 | -6.11 | 0.0 | 57.47 | -10.03 | 0.0 | 33.01 | -7.48 | 0.0 |
| 19Q3 (3) | 1.82 | 28.17 | 0.0 | 1.83 | 16.56 | 0.0 | 49.96 | -21.99 | 0.0 | 49.60 | -14.19 | 0.0 | 63.88 | 0.33 | 0.0 | 35.68 | -38.66 | 0.0 |
| 19Q2 (2) | 1.42 | 2.16 | 0.0 | 1.57 | 5.37 | 0.0 | 64.04 | -2.27 | 0.0 | 57.80 | -5.14 | 0.0 | 63.67 | 11.66 | 0.0 | 58.17 | -16.23 | 0.0 |
| 19Q1 (1) | 1.39 | 0.0 | 0.0 | 1.49 | 0.0 | 0.0 | 65.53 | 0.0 | 0.0 | 60.93 | 0.0 | 0.0 | 57.02 | 0.0 | 0.0 | 69.44 | 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) | 10.60 | 7.72 | 11.41 | 48.18 | 34.45 | -7.12 | 31.98 | -32.52 | 48.70 | -34.13 | 17.73 | 68.06 |
| 2022 (9) | 9.84 | 9.21 | 7.70 | -8.98 | 37.09 | -8.49 | 47.39 | 9.88 | 73.93 | 1.94 | 10.55 | -5.38 |
| 2021 (8) | 9.01 | 56.42 | 8.46 | 44.37 | 40.53 | -36.02 | 43.13 | -30.81 | 72.52 | -0.25 | 11.15 | -78.96 |
| 2020 (7) | 5.76 | -14.79 | 5.86 | -7.86 | 63.35 | 17.38 | 62.34 | 8.7 | 72.70 | 17.83 | 52.99 | 6.81 |
| 2019 (6) | 6.76 | 81.72 | 6.36 | 66.06 | 53.97 | -45.01 | 57.35 | -39.88 | 61.70 | -27.25 | 49.61 | -54.37 |
| 2018 (5) | 3.72 | 0 | 3.83 | 0 | 98.14 | 0 | 95.39 | 0 | 84.81 | 0 | 108.73 | 0 |
