- 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) | 0.86 | -21.1 | 10.26 | 1.50 | -22.68 | 33.93 | 105.56 | 25.91 | -9.22 | 60.56 | 29.21 | -25.54 | 103.99 | 32.52 | 12.28 | 62.12 | 18.91 | -40.84 |
| 23Q3 (19) | 1.09 | -12.1 | 12.37 | 1.94 | 21.25 | 53.97 | 83.84 | 14.63 | -10.64 | 46.87 | -17.77 | -35.13 | 78.47 | 13.82 | -19.42 | 52.24 | -14.64 | -23.95 |
| 23Q2 (18) | 1.24 | 30.53 | 5.98 | 1.60 | 45.45 | 21.21 | 73.14 | -24.0 | -5.63 | 57.00 | -31.08 | -17.55 | 68.94 | -18.8 | -27.41 | 61.20 | -34.93 | 18.47 |
| 23Q1 (17) | 0.95 | 21.79 | -5.94 | 1.10 | -1.79 | -6.78 | 96.24 | -17.23 | 7.1 | 82.70 | 1.68 | 6.82 | 84.90 | -8.34 | -18.55 | 94.05 | -10.43 | 49.17 |
| 22Q4 (16) | 0.78 | -19.59 | -18.75 | 1.12 | -11.11 | -9.68 | 116.28 | 23.94 | 23.19 | 81.33 | 12.57 | 10.77 | 92.62 | -4.89 | -14.38 | 105.00 | 52.86 | 76.09 |
| 22Q3 (15) | 0.97 | -17.09 | -8.49 | 1.26 | -4.55 | -15.44 | 93.82 | 21.06 | 9.78 | 72.25 | 4.51 | 18.46 | 97.38 | 2.54 | 6.34 | 68.69 | 32.97 | 25.16 |
| 22Q2 (14) | 1.17 | 15.84 | 1.74 | 1.32 | 11.86 | -16.98 | 77.50 | -13.75 | -1.85 | 69.13 | -10.71 | 20.77 | 94.97 | -8.88 | 14.17 | 51.66 | -18.07 | -2.57 |
| 22Q1 (13) | 1.01 | 5.21 | 16.09 | 1.18 | -4.84 | -8.53 | 89.86 | -4.8 | -14.58 | 77.42 | 5.45 | 9.77 | 104.23 | -3.65 | -18.58 | 63.05 | 5.74 | 32.1 |
| 21Q4 (12) | 0.96 | -9.43 | -1.03 | 1.24 | -16.78 | -38.92 | 94.39 | 10.45 | 0.85 | 73.42 | 20.38 | 63.59 | 108.18 | 18.14 | 8.9 | 59.63 | 8.66 | 52.39 |
| 21Q3 (11) | 1.06 | -7.83 | -17.19 | 1.49 | -6.29 | -34.65 | 85.46 | 8.23 | 20.04 | 60.99 | 6.55 | 52.67 | 91.57 | 10.09 | 26.79 | 54.88 | 3.51 | 41.01 |
| 21Q2 (10) | 1.15 | 32.18 | -14.18 | 1.59 | 23.26 | 2.58 | 78.96 | -24.94 | 16.2 | 57.24 | -18.84 | -2.52 | 83.18 | -35.02 | 11.7 | 53.02 | 11.08 | 1.57 |
| 21Q1 (9) | 0.87 | -10.31 | 16.0 | 1.29 | -36.45 | 43.33 | 105.20 | 12.41 | -13.5 | 70.53 | 57.15 | -30.45 | 128.01 | 28.86 | -9.46 | 47.73 | 21.98 | -41.54 |
| 20Q4 (8) | 0.97 | -24.22 | 12.79 | 2.03 | -10.96 | 21.56 | 93.59 | 31.47 | -11.37 | 44.88 | 12.34 | -17.47 | 99.34 | 37.55 | -6.67 | 39.13 | 0.54 | -26.91 |
| 20Q3 (7) | 1.28 | -4.48 | 20.75 | 2.28 | 47.1 | 3.17 | 71.19 | 4.77 | -16.83 | 39.95 | -31.97 | -3.15 | 72.22 | -3.02 | -12.23 | 38.92 | -25.44 | -12.68 |
| 20Q2 (6) | 1.34 | 78.67 | 5.51 | 1.55 | 72.22 | -16.67 | 67.95 | -44.13 | -5.49 | 58.72 | -42.1 | 20.11 | 74.47 | -47.33 | -13.87 | 52.20 | -36.07 | 52.01 |
| 20Q1 (5) | 0.75 | -12.79 | -29.91 | 0.90 | -46.11 | -43.75 | 121.62 | 15.17 | 42.7 | 101.41 | 86.48 | 78.38 | 141.39 | 32.84 | 36.08 | 81.65 | 52.5 | 113.86 |
| 19Q4 (4) | 0.86 | -18.87 | 0.0 | 1.67 | -24.43 | 0.0 | 105.60 | 23.36 | 0.0 | 54.38 | 31.83 | 0.0 | 106.44 | 29.36 | 0.0 | 53.54 | 20.13 | 0.0 |
| 19Q3 (3) | 1.06 | -16.54 | 0.0 | 2.21 | 18.82 | 0.0 | 85.60 | 19.05 | 0.0 | 41.25 | -15.63 | 0.0 | 82.28 | -4.83 | 0.0 | 44.57 | 29.79 | 0.0 |
| 19Q2 (2) | 1.27 | 18.69 | 0.0 | 1.86 | 16.25 | 0.0 | 71.90 | -15.64 | 0.0 | 48.89 | -14.0 | 0.0 | 86.46 | -16.79 | 0.0 | 34.34 | -10.06 | 0.0 |
| 19Q1 (1) | 1.07 | 0.0 | 0.0 | 1.60 | 0.0 | 0.0 | 85.23 | 0.0 | 0.0 | 56.85 | 0.0 | 0.0 | 103.90 | 0.0 | 0.0 | 38.18 | 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) | 4.64 | 5.45 | 5.76 | 9.71 | 78.65 | -5.14 | 63.38 | -8.9 | 78.41 | -9.12 | 63.62 | -3.9 |
| 2022 (9) | 4.40 | 5.01 | 5.25 | -9.33 | 82.91 | -4.9 | 69.57 | 10.39 | 86.28 | -18.93 | 66.20 | 51.25 |
| 2021 (8) | 4.19 | -2.1 | 5.79 | -17.99 | 87.18 | 2.17 | 63.02 | 21.87 | 106.43 | 3.49 | 43.77 | 27.98 |
| 2020 (7) | 4.28 | 5.68 | 7.06 | 1.88 | 85.33 | -5.26 | 51.71 | -1.8 | 102.84 | 7.71 | 34.20 | -27.62 |
| 2019 (6) | 4.05 | 3.32 | 6.93 | 3.9 | 90.07 | -3.38 | 52.66 | -3.76 | 95.48 | -3.97 | 47.25 | -2.6 |
| 2018 (5) | 3.92 | -6.0 | 6.67 | 7.41 | 93.22 | 6.61 | 54.72 | -6.83 | 99.43 | -7.9 | 48.51 | 26.96 |
| 2017 (4) | 4.17 | -45.42 | 6.21 | -50.99 | 87.44 | 83.12 | 58.73 | 103.85 | 107.96 | 86.59 | 38.21 | 104.22 |
| 2016 (3) | 7.64 | 102.12 | 12.67 | -92.53 | 47.75 | -50.51 | 28.81 | 1240.0 | 57.86 | -20.43 | 18.71 | -27.82 |
| 2015 (2) | 3.78 | 0 | 169.68 | 0 | 96.49 | 0 | 2.15 | 0 | 72.72 | 0 | 25.92 | 0 |
