- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q2 (20) | 1.15 | 105.36 | 79.69 | 3.00 | 188.46 | 140.0 | 79.27 | -50.83 | -44.58 | 30.30 | -65.25 | -58.26 | 41.90 | -5.37 | 15.43 | 67.66 | -66.85 | -62.27 |
| 23Q1 (19) | 0.56 | -16.42 | -8.2 | 1.04 | 40.54 | -34.18 | 161.21 | 18.28 | 8.83 | 87.19 | -29.19 | 51.79 | 44.28 | 1.33 | 23.41 | 204.12 | -5.38 | 20.29 |
| 22Q4 (18) | 0.67 | 26.42 | 4.69 | 0.74 | -11.9 | -64.42 | 136.29 | -20.9 | -4.32 | 123.13 | 13.1 | 181.63 | 43.70 | 3.36 | 62.27 | 215.72 | -9.7 | 35.47 |
| 22Q3 (17) | 0.53 | -17.19 | -28.38 | 0.84 | -32.8 | -52.0 | 172.31 | 20.46 | 39.53 | 108.87 | 49.96 | 109.28 | 42.28 | 16.47 | 16.6 | 238.89 | 33.21 | 71.55 |
| 22Q2 (16) | 0.64 | 4.92 | -15.79 | 1.25 | -20.89 | -14.38 | 143.04 | -3.44 | 19.87 | 72.60 | 26.39 | 16.12 | 36.30 | 1.17 | -23.42 | 179.34 | 5.69 | 33.4 |
| 22Q1 (15) | 0.61 | -4.69 | -14.08 | 1.58 | -24.04 | 14.49 | 148.13 | 3.99 | 15.72 | 57.44 | 31.38 | -13.18 | 35.88 | 33.23 | -22.12 | 169.69 | 6.56 | 14.58 |
| 21Q4 (14) | 0.64 | -13.51 | -20.99 | 2.08 | 18.86 | 37.75 | 142.45 | 15.35 | 27.14 | 43.72 | -15.96 | -27.59 | 26.93 | -25.73 | -36.4 | 159.24 | 14.36 | 22.43 |
| 21Q3 (13) | 0.74 | -2.63 | -8.64 | 1.75 | 19.86 | 32.58 | 123.49 | 3.49 | 10.14 | 52.02 | -16.79 | -24.56 | 36.26 | -23.5 | -42.58 | 139.25 | 3.58 | 18.08 |
| 21Q2 (12) | 0.76 | 7.04 | -6.17 | 1.46 | 5.8 | 22.69 | 119.33 | -6.78 | 5.69 | 62.52 | -5.5 | -18.12 | 47.40 | 2.89 | -45.87 | 134.44 | -9.22 | 32.18 |
| 21Q1 (11) | 0.71 | -12.35 | -1.39 | 1.38 | -8.61 | 30.19 | 128.01 | 14.25 | 0.97 | 66.16 | 9.57 | -23.09 | 46.07 | 8.81 | -55.48 | 148.10 | 13.86 | 35.47 |
| 20Q4 (10) | 0.81 | 0.0 | 17.39 | 1.51 | 14.39 | 22.76 | 112.04 | -0.07 | -15.48 | 60.38 | -12.44 | -18.16 | 42.34 | -32.95 | -53.32 | 130.07 | 10.29 | 12.48 |
| 20Q3 (9) | 0.81 | 0.0 | 52.83 | 1.32 | 10.92 | 5.6 | 112.12 | -0.7 | -34.54 | 68.96 | -9.69 | -5.35 | 63.15 | -27.89 | -33.1 | 117.93 | 15.95 | -21.24 |
| 20Q2 (8) | 0.81 | 12.5 | 84.09 | 1.19 | 12.26 | 0.0 | 112.91 | -10.94 | -44.95 | 76.36 | -11.23 | -0.56 | 87.57 | -15.37 | -20.42 | 101.71 | -6.96 | -40.81 |
| 20Q1 (7) | 0.72 | 4.35 | 46.94 | 1.06 | -13.82 | -13.11 | 126.78 | -4.36 | -31.11 | 86.02 | 16.59 | 15.17 | 103.48 | 14.08 | -5.38 | 109.32 | -5.47 | -26.81 |
| 19Q4 (6) | 0.69 | 30.19 | 7.81 | 1.23 | -1.6 | -12.14 | 132.56 | -22.6 | -6.73 | 73.78 | 1.26 | 13.44 | 90.71 | -3.91 | 3.01 | 115.64 | -22.77 | -2.91 |
| 19Q3 (5) | 0.53 | 20.45 | -32.05 | 1.25 | 5.04 | -20.89 | 171.27 | -16.49 | 46.67 | 72.86 | -5.12 | 26.43 | 94.40 | -14.21 | 43.88 | 149.73 | -12.87 | 37.62 |
| 19Q2 (4) | 0.44 | -10.2 | 0.0 | 1.19 | -2.46 | 0.0 | 205.10 | 11.45 | 0.0 | 76.79 | 2.81 | 0.0 | 110.04 | 0.62 | 0.0 | 171.84 | 15.05 | 0.0 |
| 19Q1 (3) | 0.49 | -23.44 | 0.0 | 1.22 | -12.86 | 0.0 | 184.03 | 29.48 | 0.0 | 74.69 | 14.84 | 0.0 | 109.36 | 24.19 | 0.0 | 149.36 | 25.4 | 0.0 |
| 18Q4 (2) | 0.64 | -17.95 | 0.0 | 1.40 | -11.39 | 0.0 | 142.13 | 21.72 | 0.0 | 65.04 | 12.86 | 0.0 | 88.06 | 34.22 | 0.0 | 119.11 | 9.48 | 0.0 |
| 18Q3 (1) | 0.78 | 0.0 | 0.0 | 1.58 | 0.0 | 0.0 | 116.77 | 0.0 | 0.0 | 57.63 | 0.0 | 0.0 | 65.61 | 0.0 | 0.0 | 108.80 | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 (10) | 2.49 | -12.01 | 5.52 | -21.92 | 146.81 | 13.71 | 66.15 | 28.2 | 33.71 | -4.23 | 179.25 | 23.19 |
| 2021 (9) | 2.83 | 19.92 | 7.07 | 58.52 | 129.11 | -16.64 | 51.60 | -37.01 | 35.20 | -56.4 | 145.51 | -6.77 |
| 2020 (8) | 2.36 | 1.29 | 4.46 | 4.94 | 154.88 | -1.29 | 81.92 | -4.56 | 80.73 | -30.64 | 156.07 | 23.53 |
| 2019 (7) | 2.33 | -17.08 | 4.25 | -20.71 | 156.90 | 20.91 | 85.83 | 26.04 | 116.40 | 34.75 | 126.34 | 13.32 |
| 2018 (6) | 2.81 | 6.04 | 5.36 | 6.14 | 129.77 | -5.9 | 68.10 | -5.78 | 86.38 | -0.21 | 111.49 | -9.81 |
| 2017 (5) | 2.65 | -1.49 | 5.05 | 0.4 | 137.91 | 1.47 | 72.28 | -0.37 | 86.56 | 21.52 | 123.62 | -9.92 |
| 2016 (4) | 2.69 | -32.07 | 5.03 | -0.4 | 135.91 | 47.34 | 72.55 | 0.4 | 71.23 | 59.49 | 137.24 | 14.52 |
| 2015 (3) | 3.96 | -22.5 | 5.05 | 10.26 | 92.24 | 29.12 | 72.26 | -9.31 | 44.66 | -10.98 | 119.84 | 18.71 |
| 2014 (2) | 5.11 | -2.29 | 4.58 | -20.9 | 71.44 | 2.29 | 79.68 | 26.32 | 50.17 | 39.32 | 100.95 | 4.17 |
| 2013 (1) | 5.23 | 23.06 | 5.79 | 22.15 | 69.84 | -18.64 | 63.08 | -18.14 | 36.01 | -14.02 | 96.91 | -19.92 |
