- 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) | 4.65 | 18.93 | 21.41 | 0.91 | 35.82 | 24.66 | 19.58 | -15.89 | -17.56 | 99.65 | -26.52 | -19.59 | 638.05 | -11.27 | 11.44 | -518.81 | 7.39 | -22.12 |
| 23Q3 (19) | 3.91 | -15.73 | -2.25 | 0.67 | -21.18 | -5.63 | 23.28 | 18.65 | 2.37 | 135.62 | 25.97 | 5.37 | 719.11 | 20.18 | -2.78 | -560.21 | -18.92 | 4.76 |
| 23Q2 (18) | 4.64 | 0.65 | 0.0 | 0.85 | -10.53 | 6.25 | 19.62 | -0.66 | -0.05 | 107.66 | 11.82 | -5.04 | 598.36 | 24.5 | -10.33 | -471.08 | -29.22 | 11.83 |
| 23Q1 (17) | 4.61 | 20.37 | -31.3 | 0.95 | 30.14 | -4.04 | 19.75 | -16.84 | 45.54 | 96.28 | -22.31 | 4.26 | 480.60 | -16.06 | -23.38 | -364.57 | 14.19 | 30.07 |
| 22Q4 (16) | 3.83 | -4.25 | -50.96 | 0.73 | 2.82 | -37.07 | 23.75 | 4.44 | 103.69 | 123.93 | -3.71 | 58.44 | 572.53 | -22.59 | 5.44 | -424.84 | 27.77 | 6.24 |
| 22Q3 (15) | 4.00 | -13.79 | -41.61 | 0.71 | -11.25 | -29.0 | 22.74 | 15.84 | 71.11 | 128.71 | 13.52 | 41.33 | 739.64 | 10.84 | 62.4 | -588.20 | -10.09 | -67.54 |
| 22Q2 (14) | 4.64 | -30.85 | -40.59 | 0.80 | -19.19 | -26.61 | 19.63 | 44.66 | 68.5 | 113.38 | 22.77 | 36.05 | 667.32 | 6.39 | 57.53 | -534.31 | -2.49 | -62.59 |
| 22Q1 (13) | 6.71 | -14.08 | -14.3 | 0.99 | -14.66 | -33.11 | 13.57 | 16.38 | 16.78 | 92.35 | 18.06 | 50.36 | 627.24 | 15.51 | 62.44 | -521.31 | -15.05 | -66.5 |
| 21Q4 (12) | 7.81 | 14.01 | -5.9 | 1.16 | 16.0 | -26.11 | 11.66 | -12.26 | 6.39 | 78.22 | -14.11 | 35.03 | 543.01 | 19.23 | 52.68 | -453.13 | -29.07 | -58.02 |
| 21Q3 (11) | 6.85 | -12.29 | 23.87 | 1.00 | -8.26 | -24.24 | 13.29 | 14.08 | -19.21 | 91.07 | 9.28 | 32.58 | 455.43 | 7.51 | 17.63 | -351.07 | -6.83 | -16.23 |
| 21Q2 (10) | 7.81 | -0.26 | 29.3 | 1.09 | -26.35 | -12.8 | 11.65 | 0.26 | -22.64 | 83.34 | 35.69 | 14.43 | 423.62 | 9.71 | 3.28 | -328.62 | -4.96 | -1.97 |
| 21Q1 (9) | 7.83 | -5.66 | 19.91 | 1.48 | -5.73 | 49.49 | 11.62 | 6.02 | -16.64 | 61.42 | 6.02 | -33.24 | 386.13 | 8.57 | -44.91 | -313.09 | -9.18 | 47.37 |
| 20Q4 (8) | 8.30 | 50.09 | -49.27 | 1.57 | 18.94 | -8.19 | 10.96 | -33.37 | 97.12 | 57.93 | -15.66 | 8.85 | 355.65 | -8.14 | -20.23 | -286.76 | 5.06 | 25.92 |
| 20Q3 (7) | 5.53 | -8.44 | -44.31 | 1.32 | 5.6 | -5.71 | 16.45 | 9.23 | 79.59 | 68.69 | -5.68 | 5.84 | 387.18 | -5.6 | -21.09 | -302.05 | 6.27 | 27.49 |
| 20Q2 (6) | 6.04 | -7.5 | -21.46 | 1.25 | 26.26 | -14.97 | 15.06 | 8.03 | 27.2 | 72.83 | -20.84 | 17.47 | 410.15 | -41.48 | -32.1 | -322.26 | 45.83 | 39.23 |
| 20Q1 (5) | 6.53 | -60.09 | 1.71 | 0.99 | -42.11 | -48.44 | 13.94 | 150.72 | -1.62 | 92.00 | 72.87 | 94.13 | 700.88 | 57.2 | 22.4 | -594.93 | -53.7 | -16.41 |
| 19Q4 (4) | 16.36 | 64.75 | 0.0 | 1.71 | 22.14 | 0.0 | 5.56 | -39.3 | 0.0 | 53.22 | -18.0 | 0.0 | 445.86 | -9.13 | 0.0 | -387.08 | 7.08 | 0.0 |
| 19Q3 (3) | 9.93 | 29.13 | 0.0 | 1.40 | -4.76 | 0.0 | 9.16 | -22.64 | 0.0 | 64.90 | 4.68 | 0.0 | 490.65 | -18.78 | 0.0 | -416.58 | 21.44 | 0.0 |
| 19Q2 (2) | 7.69 | 19.78 | 0.0 | 1.47 | -23.44 | 0.0 | 11.84 | -16.44 | 0.0 | 62.00 | 30.83 | 0.0 | 604.09 | 5.5 | 0.0 | -530.26 | -3.76 | 0.0 |
| 19Q1 (1) | 6.42 | 0.0 | 0.0 | 1.92 | 0.0 | 0.0 | 14.17 | 0.0 | 0.0 | 47.39 | 0.0 | 0.0 | 572.61 | 0.0 | 0.0 | -511.06 | 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) | 17.13 | -8.44 | 3.38 | 0.6 | 21.31 | 9.23 | 107.96 | -0.71 | 633.57 | -11.32 | -504.30 | 0 |
| 2022 (9) | 18.71 | -29.71 | 3.36 | -35.76 | 19.51 | 42.3 | 108.73 | 55.93 | 714.45 | 30.15 | -586.21 | 0 |
| 2021 (8) | 26.62 | -4.86 | 5.23 | 0.38 | 13.71 | 5.06 | 69.73 | -0.47 | 548.96 | -11.54 | -465.52 | 0 |
| 2020 (7) | 27.98 | 1.86 | 5.21 | -18.21 | 13.05 | -1.81 | 70.06 | 22.23 | 620.58 | -10.82 | -537.48 | 0 |
| 2019 (6) | 27.47 | 35.52 | 6.37 | 4.94 | 13.29 | -26.17 | 57.32 | -4.7 | 695.86 | -29.58 | -625.25 | 0 |
| 2018 (5) | 20.27 | -1.7 | 6.07 | -3.04 | 18.00 | 1.69 | 60.15 | 3.24 | 988.11 | -14.92 | -909.96 | 0 |
| 2017 (4) | 20.62 | -32.79 | 6.26 | 15.07 | 17.70 | 48.74 | 58.26 | -13.1 | 1161.34 | -14.12 | -1085.38 | 0 |
| 2016 (3) | 30.68 | -45.55 | 5.44 | 5.43 | 11.90 | 83.64 | 67.04 | -5.23 | 1352.32 | -11.52 | -1273.38 | 0 |
| 2015 (2) | 56.35 | -12.5 | 5.16 | -3.91 | 6.48 | 14.29 | 70.74 | 4.11 | 1528.33 | -8.95 | -1451.10 | 0 |
| 2014 (1) | 64.40 | 1.02 | 5.37 | 8.7 | 5.67 | -1.05 | 67.95 | -7.94 | 1678.64 | -9.02 | -1605.01 | 0 |
