- 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) | 0.82 | 15.49 | -8.89 | 1.85 | -25.4 | -10.19 | 111.04 | -13.19 | 10.3 | 49.17 | 33.98 | 11.37 | 69.52 | 19.97 | 27.09 | 90.69 | -14.97 | 0.62 |
| 23Q3 (19) | 0.71 | -5.33 | 7.58 | 2.48 | 19.81 | 5.53 | 127.91 | 6.03 | -7.33 | 36.70 | -16.53 | -5.34 | 57.95 | -7.1 | -6.79 | 106.66 | 4.33 | -6.95 |
| 23Q2 (18) | 0.75 | -19.35 | 20.97 | 2.07 | 17.61 | -8.0 | 120.64 | 23.66 | -17.31 | 43.97 | -15.02 | 8.54 | 62.38 | -3.54 | -42.29 | 102.23 | 20.8 | 30.56 |
| 23Q1 (17) | 0.93 | 3.33 | -2.11 | 1.76 | -14.56 | -23.48 | 97.56 | -3.09 | 1.35 | 51.74 | 17.19 | 30.59 | 64.67 | 18.23 | -35.41 | 84.63 | -6.1 | 136.66 |
| 22Q4 (16) | 0.90 | 36.36 | -4.26 | 2.06 | -12.34 | -5.94 | 100.67 | -27.07 | 4.0 | 44.15 | 13.88 | 6.05 | 54.70 | -12.02 | -20.13 | 90.13 | -21.37 | 28.87 |
| 22Q3 (15) | 0.66 | 6.45 | -30.53 | 2.35 | 4.44 | 2.17 | 138.03 | -5.39 | 44.5 | 38.77 | -4.3 | -2.07 | 62.17 | -42.49 | -9.27 | 114.63 | 46.4 | 72.14 |
| 22Q2 (14) | 0.62 | -34.74 | -35.42 | 2.25 | -2.17 | -20.21 | 145.89 | 51.56 | 53.29 | 40.51 | 2.25 | 25.5 | 108.10 | 7.97 | 96.98 | 78.30 | 118.96 | 7.9 |
| 22Q1 (13) | 0.95 | 1.06 | -5.94 | 2.30 | 5.02 | -10.16 | 96.26 | -0.56 | 6.46 | 39.62 | -4.83 | 11.39 | 100.12 | 46.18 | 25.4 | 35.76 | -48.87 | -22.51 |
| 21Q4 (12) | 0.94 | -1.05 | -18.26 | 2.19 | -4.78 | -39.0 | 96.80 | 1.34 | 22.81 | 41.63 | 5.15 | 64.22 | 68.49 | -0.04 | -14.16 | 69.94 | 5.03 | 186.87 |
| 21Q3 (11) | 0.95 | -1.04 | -1.04 | 2.30 | -18.44 | -46.64 | 95.52 | 0.37 | 0.58 | 39.59 | 22.65 | 87.36 | 68.52 | 24.85 | -13.83 | 66.59 | -8.24 | 82.04 |
| 21Q2 (10) | 0.96 | -4.95 | 52.38 | 2.82 | 10.16 | -36.49 | 95.17 | 5.25 | -33.82 | 32.28 | -9.25 | 57.39 | 54.88 | -31.26 | -37.01 | 72.57 | 57.25 | -5.97 |
| 21Q1 (9) | 1.01 | -12.17 | 21.69 | 2.56 | -28.69 | -56.46 | 90.42 | 14.72 | -17.79 | 35.57 | 40.32 | 129.63 | 79.84 | 0.06 | 10.7 | 46.15 | 89.29 | -13.48 |
| 20Q4 (8) | 1.15 | 19.79 | 33.72 | 3.59 | -16.71 | -11.58 | 78.82 | -17.01 | -25.24 | 25.35 | 19.97 | 13.17 | 79.79 | 0.34 | -1.18 | 24.38 | -33.35 | -48.23 |
| 20Q3 (7) | 0.96 | 52.38 | 17.07 | 4.31 | -2.93 | 28.27 | 94.97 | -33.96 | -14.57 | 21.13 | 3.02 | -21.94 | 79.52 | -8.73 | 41.62 | 36.58 | -52.6 | -55.44 |
| 20Q2 (6) | 0.63 | -24.1 | -3.08 | 4.44 | -24.49 | 104.61 | 143.80 | 30.75 | 2.26 | 20.51 | 32.41 | -51.18 | 87.13 | 20.81 | -0.58 | 77.18 | 44.69 | -18.76 |
| 20Q1 (5) | 0.83 | -3.49 | 6.41 | 5.88 | 44.83 | 88.46 | 109.98 | 4.32 | -6.11 | 15.49 | -30.85 | -46.9 | 72.12 | -10.68 | -1.8 | 53.34 | 13.27 | -26.79 |
| 19Q4 (4) | 0.86 | 4.88 | 0.0 | 4.06 | 20.83 | 0.0 | 105.43 | -5.16 | 0.0 | 22.40 | -17.25 | 0.0 | 80.74 | 43.79 | 0.0 | 47.09 | -42.64 | 0.0 |
| 19Q3 (3) | 0.82 | 26.15 | 0.0 | 3.36 | 54.84 | 0.0 | 111.17 | -20.94 | 0.0 | 27.07 | -35.56 | 0.0 | 56.15 | -35.93 | 0.0 | 82.09 | -13.59 | 0.0 |
| 19Q2 (2) | 0.65 | -16.67 | 0.0 | 2.17 | -30.45 | 0.0 | 140.62 | 20.04 | 0.0 | 42.01 | 44.02 | 0.0 | 87.64 | 19.34 | 0.0 | 95.00 | 30.39 | 0.0 |
| 19Q1 (1) | 0.78 | 0.0 | 0.0 | 3.12 | 0.0 | 0.0 | 117.14 | 0.0 | 0.0 | 29.17 | 0.0 | 0.0 | 73.44 | 0.0 | 0.0 | 72.86 | 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) | 3.66 | 0.83 | 7.29 | -11.21 | 99.68 | -0.98 | 50.09 | 12.69 | 60.08 | 0.86 | 89.69 | 4.84 |
| 2022 (9) | 3.63 | 0.28 | 8.21 | -7.13 | 100.67 | -0.15 | 44.45 | 7.65 | 59.57 | -33.07 | 85.55 | 61.08 |
| 2021 (8) | 3.62 | -17.16 | 8.84 | -43.22 | 100.82 | 20.63 | 41.29 | 76.08 | 89.00 | 6.33 | 53.11 | 127.74 |
| 2020 (7) | 4.37 | 39.17 | 15.57 | 1.5 | 83.58 | -28.05 | 23.45 | -1.43 | 83.70 | -2.27 | 23.32 | -57.07 |
| 2019 (6) | 3.14 | 14.6 | 15.34 | 14.65 | 116.17 | -12.87 | 23.79 | -12.83 | 85.64 | 53.12 | 54.32 | -48.11 |
| 2018 (5) | 2.74 | 12.3 | 13.38 | 58.72 | 133.33 | -10.86 | 27.29 | -37.0 | 55.93 | -20.01 | 104.68 | -14.88 |
| 2017 (4) | 2.44 | -23.27 | 8.43 | 15.32 | 149.58 | 30.33 | 43.32 | -13.29 | 69.92 | -29.47 | 122.98 | 87.5 |
| 2016 (3) | 3.18 | 50.0 | 7.31 | 5.03 | 114.77 | -33.43 | 49.96 | -4.77 | 99.14 | -9.76 | 65.59 | -42.98 |
| 2015 (2) | 2.12 | 0.95 | 6.96 | 25.41 | 172.41 | -0.87 | 52.46 | -20.3 | 109.86 | -5.59 | 115.02 | -6.78 |
| 2014 (1) | 2.10 | 5.0 | 5.55 | 8.19 | 173.93 | -4.55 | 65.82 | -7.49 | 116.36 | -8.23 | 123.39 | -2.53 |
