- 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) | 1.38 | -7.38 | 43.75 | 1.38 | -25.81 | 16.95 | 66.04 | 8.21 | -30.06 | 65.88 | 34.67 | -14.33 | 34.36 | 16.0 | 14.04 | 97.56 | 21.45 | -30.9 |
| 23Q3 (19) | 1.49 | -5.7 | 39.25 | 1.86 | 8.14 | -13.49 | 61.03 | 5.66 | -28.23 | 48.92 | -7.56 | 15.73 | 29.62 | 38.35 | 62.84 | 80.33 | -10.01 | -26.38 |
| 23Q2 (18) | 1.58 | 1.94 | 53.4 | 1.72 | 45.76 | -8.51 | 57.76 | -1.47 | -34.86 | 52.92 | -31.65 | 9.34 | 21.41 | -10.9 | 12.68 | 89.27 | -20.3 | -24.39 |
| 23Q1 (17) | 1.55 | 61.46 | 23.02 | 1.18 | 0.0 | -38.22 | 58.62 | -37.92 | -18.92 | 77.42 | 0.68 | 62.68 | 24.03 | -20.25 | 64.14 | 112.01 | -20.66 | 6.42 |
| 22Q4 (16) | 0.96 | -10.28 | -25.58 | 1.18 | -45.12 | -33.71 | 94.42 | 11.04 | 34.08 | 76.90 | 81.93 | 50.25 | 30.13 | 65.64 | 57.58 | 141.18 | 29.39 | 37.76 |
| 22Q3 (15) | 1.07 | 3.88 | -10.83 | 2.15 | 14.36 | 29.52 | 85.03 | -4.11 | 11.93 | 42.27 | -12.67 | -22.99 | 18.19 | -4.26 | -32.65 | 109.11 | -7.59 | 5.06 |
| 22Q2 (14) | 1.03 | -18.25 | -12.71 | 1.88 | -1.57 | 28.77 | 88.67 | 22.64 | 15.19 | 48.40 | 1.7 | -22.4 | 19.00 | 29.78 | -3.16 | 118.07 | 12.18 | -1.38 |
| 22Q1 (13) | 1.26 | -2.33 | -15.44 | 1.91 | 7.3 | 24.84 | 72.30 | 2.67 | 18.21 | 47.59 | -7.01 | -20.23 | 14.64 | -23.43 | 100.55 | 105.25 | 2.7 | -7.29 |
| 21Q4 (12) | 1.29 | 7.5 | 115.0 | 1.78 | 7.23 | 109.41 | 70.42 | -7.31 | -53.69 | 51.18 | -6.76 | -52.24 | 19.12 | -29.21 | 43.87 | 102.48 | -1.32 | -58.33 |
| 21Q3 (11) | 1.20 | 1.69 | 93.55 | 1.66 | 13.7 | 39.5 | 75.97 | -1.31 | -47.98 | 54.89 | -11.99 | -28.01 | 27.01 | 37.67 | 86.66 | 103.85 | -13.26 | -50.03 |
| 21Q2 (10) | 1.18 | -20.81 | 78.79 | 1.46 | -4.58 | 25.86 | 76.98 | 25.87 | -43.95 | 62.37 | 4.54 | -20.77 | 19.62 | 168.77 | 11.79 | 119.72 | 5.46 | -39.69 |
| 21Q1 (9) | 1.49 | 148.33 | 98.67 | 1.53 | 80.0 | 8.51 | 61.16 | -59.78 | -49.85 | 59.66 | -44.33 | -7.46 | 7.30 | -45.07 | -70.46 | 113.52 | -53.84 | -29.8 |
| 20Q4 (8) | 0.60 | -3.23 | -36.17 | 0.85 | -28.57 | -50.29 | 152.05 | 4.11 | 56.91 | 107.17 | 40.55 | 101.3 | 13.29 | -8.15 | -65.07 | 245.93 | 18.33 | 119.38 |
| 20Q3 (7) | 0.62 | -6.06 | -53.03 | 1.19 | 2.59 | -56.25 | 146.05 | 6.33 | 111.27 | 76.25 | -3.14 | 127.88 | 14.47 | -17.55 | -35.75 | 207.84 | 4.7 | 159.57 |
| 20Q2 (6) | 0.66 | -12.0 | -42.11 | 1.16 | -17.73 | -57.66 | 137.35 | 12.63 | 72.16 | 78.72 | 22.1 | 137.32 | 17.55 | -28.98 | 40.51 | 198.51 | 22.75 | 97.6 |
| 20Q1 (5) | 0.75 | -20.21 | -14.77 | 1.41 | -17.54 | -56.48 | 121.95 | 25.85 | 17.77 | 64.47 | 21.09 | 129.59 | 24.71 | -35.06 | 8.9 | 161.72 | 44.26 | 48.45 |
| 19Q4 (4) | 0.94 | -28.79 | 0.0 | 1.71 | -37.13 | 0.0 | 96.90 | 40.17 | 0.0 | 53.24 | 59.12 | 0.0 | 38.05 | 68.96 | 0.0 | 112.10 | 40.0 | 0.0 |
| 19Q3 (3) | 1.32 | 15.79 | 0.0 | 2.72 | -0.73 | 0.0 | 69.13 | -13.35 | 0.0 | 33.46 | 0.87 | 0.0 | 22.52 | 80.3 | 0.0 | 80.07 | -20.3 | 0.0 |
| 19Q2 (2) | 1.14 | 29.55 | 0.0 | 2.74 | -15.43 | 0.0 | 79.78 | -22.96 | 0.0 | 33.17 | 18.13 | 0.0 | 12.49 | -44.95 | 0.0 | 100.46 | -7.78 | 0.0 |
| 19Q1 (1) | 0.88 | 0.0 | 0.0 | 3.24 | 0.0 | 0.0 | 103.55 | 0.0 | 0.0 | 28.08 | 0.0 | 0.0 | 22.69 | 0.0 | 0.0 | 108.94 | 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) | 7.75 | 11.51 | 5.01 | -21.35 | 47.08 | -10.31 | 72.92 | 27.35 | 30.26 | 58.26 | 89.74 | -0.97 |
| 2022 (9) | 6.95 | 43.0 | 6.37 | 30.0 | 52.49 | -30.04 | 57.26 | -23.14 | 19.12 | 34.55 | 90.62 | -33.03 |
| 2021 (8) | 4.86 | 69.93 | 4.90 | 27.94 | 75.03 | -41.2 | 74.50 | -21.73 | 14.21 | -45.95 | 135.31 | -31.14 |
| 2020 (7) | 2.86 | -33.02 | 3.83 | -64.73 | 127.61 | 49.29 | 95.18 | 183.19 | 26.29 | 13.81 | 196.50 | 104.71 |
| 2019 (6) | 4.27 | -28.11 | 10.86 | -71.99 | 85.48 | 39.08 | 33.61 | 257.17 | 23.10 | 70.35 | 95.99 | 67.46 |
| 2018 (5) | 5.94 | -26.67 | 38.77 | -33.13 | 61.46 | 36.37 | 9.41 | 49.6 | 13.56 | 54.27 | 57.32 | 34.65 |
| 2017 (4) | 8.10 | -86.75 | 57.98 | 0 | 45.07 | 654.94 | 6.29 | 0 | 8.79 | 145.53 | 42.57 | 1681.17 |
| 2016 (3) | 61.12 | 274.74 | 0.00 | 0 | 5.97 | -73.32 | 0.00 | 0 | 3.58 | -88.38 | 2.39 | 0 |
| 2015 (2) | 16.31 | 23.0 | 98.71 | 413.31 | 22.38 | -18.71 | 3.70 | -80.51 | 30.81 | 15.87 | -4.73 | 0 |
| 2014 (1) | 13.26 | -66.0 | 19.23 | 31.71 | 27.53 | 194.12 | 18.98 | -24.08 | 26.59 | 5.68 | 19.93 | 116.63 |
