- 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) | 2.35 | 0.43 | 54.61 | 0.60 | -24.05 | -21.05 | 38.73 | -0.31 | -35.14 | 151.33 | 31.34 | 25.77 | 33.98 | -11.42 | 113.98 | 156.08 | 34.89 | -4.91 |
| 23Q3 (19) | 2.34 | -0.85 | 60.27 | 0.79 | -2.47 | -2.47 | 38.85 | 0.65 | -37.63 | 115.22 | 3.04 | 2.81 | 38.36 | 32.6 | 196.67 | 115.71 | -4.75 | -28.32 |
| 23Q2 (18) | 2.36 | 8.76 | 43.03 | 0.81 | 5.19 | -1.22 | 38.60 | -7.77 | -30.11 | 111.82 | -5.67 | 0.22 | 28.93 | 43.72 | 60.99 | 121.48 | -13.39 | -18.38 |
| 23Q1 (17) | 2.17 | 42.76 | 7.43 | 0.77 | 1.32 | -1.28 | 41.85 | -29.91 | -6.92 | 118.54 | -1.48 | 1.92 | 20.13 | 26.76 | -12.36 | 140.26 | -14.55 | 1.42 |
| 22Q4 (16) | 1.52 | 4.11 | -36.93 | 0.76 | -6.17 | -8.43 | 59.71 | -4.14 | 58.09 | 120.32 | 7.36 | 9.54 | 15.88 | 22.82 | -40.72 | 164.14 | 1.68 | 35.85 |
| 22Q3 (15) | 1.46 | -11.52 | 8.15 | 0.81 | -1.22 | -10.99 | 62.29 | 12.78 | -7.69 | 112.07 | 0.45 | 11.59 | 12.93 | -28.05 | -57.59 | 161.43 | 8.47 | 17.47 |
| 22Q2 (14) | 1.65 | -18.32 | 52.78 | 0.82 | 5.13 | -25.45 | 55.23 | 22.84 | -34.27 | 111.57 | -4.08 | 34.63 | 17.97 | -21.77 | -22.58 | 148.83 | 7.61 | 3.58 |
| 22Q1 (13) | 2.02 | -16.18 | 20.24 | 0.78 | -6.02 | -30.97 | 44.96 | 19.04 | -17.17 | 116.31 | 5.89 | 44.72 | 22.97 | -14.26 | 35.52 | 138.30 | 14.47 | 17.49 |
| 21Q4 (12) | 2.41 | 78.52 | 0.84 | 0.83 | -8.79 | -23.85 | 37.77 | -44.03 | -0.92 | 109.84 | 9.37 | 31.32 | 26.79 | -12.14 | 57.77 | 120.82 | -12.08 | 15.31 |
| 21Q3 (11) | 1.35 | 25.0 | -40.27 | 0.91 | -17.27 | -8.08 | 67.48 | -19.69 | 67.61 | 100.43 | 21.19 | 8.75 | 30.49 | 31.37 | 31.82 | 137.42 | -4.36 | 25.52 |
| 21Q2 (10) | 1.08 | -35.71 | -48.33 | 1.10 | -2.65 | 13.4 | 84.02 | 54.79 | 93.11 | 82.87 | 3.11 | -11.52 | 23.21 | 36.93 | -20.62 | 143.68 | 22.06 | 33.14 |
| 21Q1 (9) | 1.68 | -29.71 | -31.98 | 1.13 | 3.67 | 2.73 | 54.28 | 42.39 | 47.3 | 80.37 | -3.91 | -3.1 | 16.95 | -0.18 | -23.2 | 117.71 | 12.34 | 20.44 |
| 20Q4 (8) | 2.39 | 5.75 | 56.21 | 1.09 | 10.1 | 31.33 | 38.12 | -5.32 | -35.76 | 83.64 | -9.43 | -23.78 | 16.98 | -26.59 | -25.43 | 104.78 | -4.29 | -28.39 |
| 20Q3 (7) | 2.26 | 8.13 | 31.4 | 0.99 | 2.06 | -26.67 | 40.26 | -7.47 | -24.08 | 92.35 | -1.4 | 36.49 | 23.13 | -20.9 | 21.74 | 109.48 | 1.45 | 7.67 |
| 20Q2 (6) | 2.09 | -15.38 | -14.69 | 0.97 | -11.82 | -38.99 | 43.51 | 18.07 | 17.21 | 93.66 | 12.93 | 63.94 | 29.24 | 32.49 | 56.2 | 107.92 | 10.43 | 42.88 |
| 20Q1 (5) | 2.47 | 61.44 | 80.29 | 1.10 | 32.53 | -9.09 | 36.85 | -37.9 | -44.59 | 82.94 | -24.42 | 10.69 | 22.07 | -3.07 | -15.73 | 97.73 | -33.21 | -15.19 |
| 19Q4 (4) | 1.53 | -11.05 | 0.0 | 0.83 | -38.52 | 0.0 | 59.34 | 11.9 | 0.0 | 109.74 | 62.19 | 0.0 | 22.77 | 19.84 | 0.0 | 146.32 | 43.9 | 0.0 |
| 19Q3 (3) | 1.72 | -29.8 | 0.0 | 1.35 | -15.09 | 0.0 | 53.03 | 42.86 | 0.0 | 67.66 | 18.43 | 0.0 | 19.00 | 1.5 | 0.0 | 101.68 | 34.62 | 0.0 |
| 19Q2 (2) | 2.45 | 78.83 | 0.0 | 1.59 | 31.4 | 0.0 | 37.12 | -44.19 | 0.0 | 57.13 | -23.76 | 0.0 | 18.72 | -28.52 | 0.0 | 75.53 | -34.46 | 0.0 |
| 19Q1 (1) | 1.37 | 0.0 | 0.0 | 1.21 | 0.0 | 0.0 | 66.51 | 0.0 | 0.0 | 74.93 | 0.0 | 0.0 | 26.19 | 0.0 | 0.0 | 115.24 | 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) | 10.83 | 24.48 | 2.72 | -12.54 | 33.71 | -19.62 | 134.11 | 14.45 | 18.79 | -11.07 | 149.04 | 8.02 |
| 2022 (9) | 8.70 | 0.69 | 3.11 | -14.56 | 41.94 | -0.76 | 117.18 | 16.92 | 21.13 | 8.92 | 137.98 | 12.11 |
| 2021 (8) | 8.64 | -6.49 | 3.64 | -17.65 | 42.26 | 6.96 | 100.22 | 21.49 | 19.40 | 30.99 | 123.08 | 14.82 |
| 2020 (7) | 9.24 | 38.74 | 4.42 | 3.51 | 39.51 | -27.89 | 82.49 | -3.45 | 14.81 | -32.83 | 107.19 | -9.3 |
| 2019 (6) | 6.66 | -31.69 | 4.27 | -21.51 | 54.79 | 46.42 | 85.44 | 27.28 | 22.05 | -9.71 | 118.18 | 47.47 |
| 2018 (5) | 9.75 | -25.06 | 5.44 | 21.43 | 37.42 | 33.36 | 67.13 | -17.66 | 24.42 | 11.1 | 80.14 | -8.54 |
| 2017 (4) | 13.01 | 20.69 | 4.48 | -3.66 | 28.06 | -17.1 | 81.53 | 3.78 | 21.98 | 39.56 | 87.62 | -9.35 |
| 2016 (3) | 10.78 | 17.3 | 4.65 | -13.08 | 33.85 | -14.76 | 78.56 | 15.09 | 15.75 | -29.5 | 96.66 | 12.88 |
| 2015 (2) | 9.19 | -13.71 | 5.35 | -11.72 | 39.71 | 15.84 | 68.26 | 13.24 | 22.34 | -24.42 | 85.63 | 31.74 |
| 2014 (1) | 10.65 | 0 | 6.06 | 0 | 34.28 | 0 | 60.28 | 0 | 29.56 | 0 | 65.00 | 0 |
