- 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) | 1.70 | 6.25 | 5.59 | 0.85 | 6.25 | -34.62 | 53.48 | -5.93 | -5.09 | 106.57 | -6.19 | 52.68 | 57.19 | -9.02 | -15.95 | 102.87 | -4.4 | 77.0 |
| 23Q3 (19) | 1.60 | 10.34 | 20.3 | 0.80 | -3.61 | -20.0 | 56.85 | -9.11 | -16.75 | 113.60 | 3.42 | 24.53 | 62.86 | 3.88 | -17.81 | 107.60 | -3.83 | 29.59 |
| 23Q2 (18) | 1.45 | -11.59 | -16.18 | 0.83 | -40.29 | -32.52 | 62.55 | 12.48 | 18.85 | 109.84 | 67.75 | 48.63 | 60.51 | 28.91 | 9.92 | 111.88 | 50.86 | 56.52 |
| 23Q1 (17) | 1.64 | 1.86 | 15.49 | 1.39 | 6.92 | 71.6 | 55.61 | -1.31 | -13.2 | 65.48 | -6.19 | -41.79 | 46.94 | -31.01 | -8.75 | 74.16 | 27.6 | -40.72 |
| 22Q4 (16) | 1.61 | 21.05 | 25.78 | 1.30 | 30.0 | 128.07 | 56.35 | -17.48 | -20.89 | 69.80 | -23.48 | -56.5 | 68.04 | -11.04 | 30.9 | 58.12 | -30.0 | -67.66 |
| 22Q3 (15) | 1.33 | -23.12 | 31.68 | 1.00 | -18.7 | 138.1 | 68.29 | 29.75 | -24.48 | 91.22 | 23.44 | -57.72 | 76.48 | 38.93 | -17.76 | 83.03 | 16.16 | -61.05 |
| 22Q2 (14) | 1.73 | 21.83 | 40.65 | 1.23 | 51.85 | 89.23 | 52.63 | -17.86 | -28.61 | 73.90 | -34.3 | -47.51 | 55.05 | 7.02 | -30.6 | 71.48 | -42.87 | -47.13 |
| 22Q1 (13) | 1.42 | 10.94 | 8.4 | 0.81 | 42.11 | 19.12 | 64.07 | -10.05 | -7.97 | 112.48 | -29.9 | -16.46 | 51.44 | -1.04 | -36.67 | 125.11 | -30.38 | 1.68 |
| 21Q4 (12) | 1.28 | 26.73 | -15.23 | 0.57 | 35.71 | -25.97 | 71.23 | -21.23 | 18.32 | 160.46 | -25.63 | 36.18 | 51.98 | -44.11 | -15.19 | 179.71 | -15.7 | 53.95 |
| 21Q3 (11) | 1.01 | -17.89 | -24.63 | 0.42 | -35.38 | -45.45 | 90.43 | 22.67 | 33.36 | 215.76 | 53.24 | 82.71 | 93.00 | 17.25 | 81.53 | 213.19 | 57.68 | 58.32 |
| 21Q2 (10) | 1.23 | -6.11 | 75.71 | 0.65 | -4.41 | 124.14 | 73.72 | 5.89 | -43.16 | 140.80 | 4.58 | -55.56 | 79.32 | -2.34 | -34.66 | 135.20 | 9.88 | -58.42 |
| 21Q1 (9) | 1.31 | -13.25 | -8.39 | 0.68 | -11.69 | -4.23 | 69.62 | 15.65 | 9.33 | 134.64 | 14.27 | 5.02 | 81.22 | 32.52 | 54.91 | 123.04 | 5.41 | -11.77 |
| 20Q4 (8) | 1.51 | 12.69 | -6.79 | 0.77 | 0.0 | -17.2 | 60.20 | -11.22 | 7.17 | 117.83 | -0.22 | 19.78 | 61.29 | 19.64 | 46.17 | 116.73 | -13.32 | 3.66 |
| 20Q3 (7) | 1.34 | 91.43 | -9.46 | 0.77 | 165.52 | -8.33 | 67.81 | -47.71 | 10.55 | 118.09 | -62.73 | 9.38 | 51.23 | -57.8 | 30.59 | 134.66 | -58.58 | 3.53 |
| 20Q2 (6) | 0.70 | -51.05 | -55.41 | 0.29 | -59.15 | -67.78 | 129.69 | 103.66 | 124.18 | 316.83 | 147.12 | 214.97 | 121.40 | 131.55 | 224.95 | 325.12 | 133.13 | 168.52 |
| 20Q1 (5) | 1.43 | -11.73 | -18.75 | 0.71 | -23.66 | -17.44 | 63.68 | 13.37 | 23.2 | 128.21 | 30.33 | 21.58 | 52.43 | 25.04 | 17.64 | 139.46 | 23.84 | 23.89 |
| 19Q4 (4) | 1.62 | 9.46 | 0.0 | 0.93 | 10.71 | 0.0 | 56.17 | -8.43 | 0.0 | 98.37 | -8.88 | 0.0 | 41.93 | 6.88 | 0.0 | 112.61 | -13.42 | 0.0 |
| 19Q3 (3) | 1.48 | -5.73 | 0.0 | 0.84 | -6.67 | 0.0 | 61.34 | 6.03 | 0.0 | 107.96 | 7.33 | 0.0 | 39.23 | 5.01 | 0.0 | 130.07 | 7.42 | 0.0 |
| 19Q2 (2) | 1.57 | -10.8 | 0.0 | 0.90 | 4.65 | 0.0 | 57.85 | 11.92 | 0.0 | 100.59 | -4.61 | 0.0 | 37.36 | -16.18 | 0.0 | 121.08 | 7.56 | 0.0 |
| 19Q1 (1) | 1.76 | 0.0 | 0.0 | 0.86 | 0.0 | 0.0 | 51.69 | 0.0 | 0.0 | 105.45 | 0.0 | 0.0 | 44.57 | 0.0 | 0.0 | 112.57 | 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) | 6.65 | 25.24 | 4.33 | 13.65 | 54.85 | -20.19 | 84.33 | -12.07 | 57.67 | -12.73 | 81.51 | -17.3 |
| 2022 (9) | 5.31 | 28.26 | 3.81 | 65.65 | 68.73 | -22.13 | 95.91 | -39.51 | 66.08 | -7.18 | 98.56 | -43.88 |
| 2021 (8) | 4.14 | 2.73 | 2.30 | 6.48 | 88.26 | -2.51 | 158.55 | -6.24 | 71.19 | -14.86 | 175.62 | -0.23 |
| 2020 (7) | 4.03 | -41.25 | 2.16 | -38.98 | 90.53 | 70.04 | 169.11 | 64.22 | 83.62 | 84.35 | 176.02 | 58.78 |
| 2019 (6) | 6.86 | -77.16 | 3.54 | -15.91 | 53.24 | 338.19 | 102.98 | 18.67 | 45.36 | 94.26 | 110.86 | 46.68 |
| 2018 (5) | 30.03 | 93.74 | 4.21 | 72.54 | 12.15 | -48.41 | 86.78 | -42.09 | 23.35 | -34.9 | 75.58 | -45.05 |
| 2017 (4) | 15.50 | 24.3 | 2.44 | -4.31 | 23.55 | -19.57 | 149.86 | 4.66 | 35.87 | -3.24 | 137.54 | 1.59 |
| 2016 (3) | 12.47 | 23.22 | 2.55 | -7.27 | 29.28 | -18.78 | 143.19 | 7.76 | 37.07 | -17.05 | 135.39 | 8.97 |
| 2015 (2) | 10.12 | 84.34 | 2.75 | -45.0 | 36.05 | -45.77 | 132.88 | 81.88 | 44.69 | -14.29 | 124.24 | 42.15 |
| 2014 (1) | 5.49 | 10.91 | 5.00 | 0.2 | 66.48 | -9.89 | 73.06 | -0.15 | 52.14 | -3.3 | 87.40 | -6.05 |
