- 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) | 1.81 | -12.56 | 1.12 | 1576.13 | 17.47 | 49.75 | 50.20 | 14.19 | -1.16 | 0.06 | -14.29 | -33.33 | 50.91 | 0.79 | -0.8 | -0.64 | 90.14 | -45.45 |
| 23Q3 (19) | 2.07 | -2.82 | 14.36 | 1341.72 | -1.77 | 31.78 | 43.96 | 2.73 | -12.76 | 0.07 | 0.0 | -22.22 | 50.51 | 14.93 | 17.68 | -6.49 | -490.0 | -185.73 |
| 23Q2 (18) | 2.13 | 35.67 | 51.06 | 1365.89 | 36.01 | 117.66 | 42.79 | -26.4 | -33.9 | 0.07 | -22.22 | -53.33 | 43.95 | -22.56 | -22.39 | -1.10 | -173.83 | -113.32 |
| 23Q1 (17) | 1.57 | -12.29 | -6.55 | 1004.27 | -4.59 | 57.57 | 58.14 | 14.47 | 7.63 | 0.09 | 0.0 | -35.71 | 56.75 | 10.58 | -14.3 | 1.49 | 438.64 | 112.37 |
| 22Q4 (16) | 1.79 | -1.1 | -19.37 | 1052.53 | 3.38 | 46.34 | 50.79 | 0.79 | 24.18 | 0.09 | 0.0 | -30.77 | 51.32 | 19.57 | -3.11 | -0.44 | -105.81 | 96.32 |
| 22Q3 (15) | 1.81 | 28.37 | 16.77 | 1018.15 | 62.25 | 93.86 | 50.39 | -22.17 | -14.43 | 0.09 | -40.0 | -47.06 | 42.92 | -24.21 | -15.91 | 7.57 | -8.35 | -5.61 |
| 22Q2 (14) | 1.41 | -16.07 | -14.55 | 627.53 | -1.54 | 8.24 | 64.74 | 19.84 | 17.73 | 0.15 | 7.14 | -6.25 | 56.63 | -14.48 | 26.24 | 8.26 | 168.55 | -19.65 |
| 22Q1 (13) | 1.68 | -24.32 | -31.98 | 637.35 | -11.39 | 8.83 | 54.02 | 32.08 | 46.71 | 0.14 | 7.69 | -12.5 | 66.22 | 25.01 | 30.61 | -12.05 | -0.84 | 12.17 |
| 21Q4 (12) | 2.22 | 43.23 | -9.39 | 719.24 | 36.94 | 17.48 | 40.90 | -30.55 | 10.24 | 0.13 | -23.53 | -13.33 | 52.97 | 3.78 | 15.25 | -11.95 | -249.0 | -37.2 |
| 21Q3 (11) | 1.55 | -6.06 | -19.69 | 525.21 | -9.41 | -13.52 | 58.89 | 7.09 | 25.01 | 0.17 | 6.25 | 13.33 | 51.04 | 13.78 | 9.69 | 8.02 | -21.98 | 1013.89 |
| 21Q2 (10) | 1.65 | -33.2 | -22.54 | 579.77 | -1.0 | -0.97 | 54.99 | 49.35 | 28.45 | 0.16 | 0.0 | 0.0 | 44.86 | -11.52 | -23.81 | 10.28 | 174.93 | 164.61 |
| 21Q1 (9) | 2.47 | 0.82 | -19.81 | 585.62 | -4.34 | 23.1 | 36.82 | -0.75 | 24.77 | 0.16 | 6.67 | -15.79 | 50.70 | 10.31 | -11.61 | -13.72 | -57.52 | 50.38 |
| 20Q4 (8) | 2.45 | 26.94 | 55.06 | 612.20 | 0.8 | 211.24 | 37.10 | -21.25 | -35.59 | 0.15 | 0.0 | -67.39 | 45.96 | -1.23 | -57.03 | -8.71 | -1309.72 | 82.19 |
| 20Q3 (7) | 1.93 | -9.39 | 2.12 | 607.32 | 3.74 | 154.77 | 47.11 | 10.04 | -1.9 | 0.15 | -6.25 | -60.53 | 46.53 | -20.97 | -58.3 | 0.72 | 104.53 | 101.14 |
| 20Q2 (6) | 2.13 | -30.84 | -9.75 | 585.44 | 23.06 | 101.04 | 42.81 | 45.07 | 11.19 | 0.16 | -15.79 | -48.39 | 58.88 | 2.65 | -55.12 | -15.91 | 42.46 | 82.77 |
| 20Q1 (5) | 3.08 | 94.94 | 123.19 | 475.74 | 141.86 | 348.35 | 29.51 | -48.77 | -55.09 | 0.19 | -58.7 | -77.91 | 57.36 | -46.37 | -67.01 | -27.65 | 43.46 | 74.23 |
| 19Q4 (4) | 1.58 | -16.4 | 0.0 | 196.70 | -17.48 | 0.0 | 57.60 | 19.95 | 0.0 | 0.46 | 21.05 | 0.0 | 106.95 | -4.16 | 0.0 | -48.90 | 22.6 | 0.0 |
| 19Q3 (3) | 1.89 | -19.92 | 0.0 | 238.38 | -18.14 | 0.0 | 48.02 | 24.73 | 0.0 | 0.38 | 22.58 | 0.0 | 111.59 | -14.93 | 0.0 | -63.18 | 31.59 | 0.0 |
| 19Q2 (2) | 2.36 | 71.01 | 0.0 | 291.21 | 174.44 | 0.0 | 38.50 | -41.41 | 0.0 | 0.31 | -63.95 | 0.0 | 131.18 | -24.55 | 0.0 | -92.36 | 13.92 | 0.0 |
| 19Q1 (1) | 1.38 | 0.0 | 0.0 | 106.11 | 0.0 | 0.0 | 65.71 | 0.0 | 0.0 | 0.86 | 0.0 | 0.0 | 173.87 | 0.0 | 0.0 | -107.30 | 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) | 6.56 | -5.34 | 5444.97 | 49.71 | 55.67 | 5.76 | 0.07 | -30.0 | 54.38 | -10.35 | 1.36 | 0 |
| 2022 (9) | 6.93 | -22.4 | 3636.98 | 32.35 | 52.64 | 28.74 | 0.10 | -23.08 | 60.66 | 3.66 | -7.92 | 0 |
| 2021 (8) | 8.93 | -11.67 | 2748.07 | 23.91 | 40.89 | 13.3 | 0.13 | -18.75 | 58.52 | -7.83 | -17.49 | 0 |
| 2020 (7) | 10.11 | -11.78 | 2217.72 | 88.48 | 36.09 | 13.35 | 0.16 | -48.39 | 63.49 | 1.32 | -27.24 | 0 |
| 2019 (6) | 11.46 | 257.01 | 1176.64 | 382.39 | 31.84 | -71.98 | 0.31 | -79.33 | 62.66 | -47.37 | -30.51 | 0 |
| 2018 (5) | 3.21 | 42.04 | 243.92 | 34.87 | 113.65 | -29.48 | 1.50 | -25.74 | 119.05 | 12.13 | -3.91 | 0 |
| 2017 (4) | 2.26 | 10.78 | 180.86 | 28.14 | 161.16 | -9.83 | 2.02 | -22.01 | 106.17 | -17.24 | 57.01 | 7.48 |
| 2016 (3) | 2.04 | -24.72 | 141.14 | 3.84 | 178.73 | 32.76 | 2.59 | -3.72 | 128.28 | 8.79 | 53.04 | 173.26 |
| 2015 (2) | 2.71 | -18.37 | 135.92 | -2.07 | 134.63 | 22.51 | 2.69 | 2.28 | 117.91 | 7.23 | 19.41 | 658.2 |
| 2014 (1) | 3.32 | -16.37 | 138.80 | -32.7 | 109.89 | 19.43 | 2.63 | 48.59 | 109.96 | -5.2 | 2.56 | 0 |
