- 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 | -2.27 | 3.61 | 1.03 | 3.0 | 53.73 | 105.54 | 2.36 | -4.08 | 88.08 | -3.58 | -35.37 | 71.50 | 23.4 | 14.13 | 122.11 | -10.56 | -33.51 |
| 23Q3 (19) | 0.88 | 10.0 | -4.35 | 1.00 | 16.28 | 49.25 | 103.11 | -9.09 | 3.96 | 91.35 | -14.14 | -32.73 | 57.94 | -0.02 | -18.66 | 136.53 | -15.65 | -16.61 |
| 23Q2 (18) | 0.80 | -2.44 | -15.79 | 0.86 | 4.88 | 22.86 | 113.42 | 2.48 | 18.58 | 106.39 | -3.78 | -17.58 | 57.95 | 7.18 | -24.32 | 161.86 | -3.19 | 9.24 |
| 23Q1 (17) | 0.82 | -1.2 | -14.58 | 0.82 | 22.39 | 10.81 | 110.68 | 0.59 | 17.05 | 110.57 | -18.87 | -9.64 | 54.07 | -13.7 | -30.89 | 167.19 | -8.97 | 20.56 |
| 22Q4 (16) | 0.83 | -9.78 | -14.43 | 0.67 | 0.0 | -12.99 | 110.03 | 10.94 | 17.29 | 136.28 | 0.36 | 14.7 | 62.65 | -12.05 | -29.72 | 183.66 | 12.17 | 48.74 |
| 22Q3 (15) | 0.92 | -3.16 | -14.02 | 0.67 | -4.29 | -22.99 | 99.18 | 3.69 | 16.1 | 135.79 | 5.19 | 29.32 | 71.23 | -6.97 | -17.37 | 163.73 | 10.5 | 57.07 |
| 22Q2 (14) | 0.95 | -1.04 | 1.06 | 0.70 | -5.41 | -25.53 | 95.65 | 1.15 | -0.85 | 129.09 | 5.5 | 32.78 | 76.57 | -2.13 | -4.59 | 148.17 | 6.84 | 30.62 |
| 22Q1 (13) | 0.96 | -1.03 | -1.03 | 0.74 | -3.9 | -31.48 | 94.56 | 0.8 | 0.5 | 122.36 | 2.99 | 45.46 | 78.24 | -12.23 | 6.68 | 138.68 | 12.31 | 32.24 |
| 21Q4 (12) | 0.97 | -9.35 | -4.9 | 0.77 | -11.49 | -27.36 | 93.81 | 9.81 | 5.26 | 118.81 | 13.15 | 37.86 | 89.14 | 3.41 | 34.75 | 123.48 | 18.46 | 13.13 |
| 21Q3 (11) | 1.07 | 13.83 | 2.88 | 0.87 | -7.45 | -6.45 | 85.43 | -11.44 | -1.92 | 105.00 | 8.0 | 7.3 | 86.20 | 7.41 | 47.83 | 104.24 | -8.11 | -17.69 |
| 21Q2 (10) | 0.94 | -3.09 | -4.08 | 0.94 | -12.96 | 25.33 | 96.47 | 2.53 | 3.83 | 97.22 | 15.57 | -20.05 | 80.25 | 9.42 | 16.22 | 113.44 | 8.17 | -22.01 |
| 21Q1 (9) | 0.97 | -4.9 | 6.59 | 1.08 | 1.89 | 50.0 | 94.09 | 5.58 | -6.28 | 84.12 | -2.39 | -33.88 | 73.34 | 10.87 | -5.16 | 104.87 | -3.92 | -30.22 |
| 20Q4 (8) | 1.02 | -1.92 | 3.03 | 1.06 | 13.98 | 39.47 | 89.12 | 2.32 | -3.05 | 86.18 | -11.94 | -27.76 | 66.15 | 13.45 | -13.21 | 109.15 | -13.82 | -19.14 |
| 20Q3 (7) | 1.04 | 6.12 | 15.56 | 0.93 | 24.0 | 17.72 | 87.10 | -6.25 | -13.79 | 97.86 | -19.52 | -15.38 | 58.31 | -15.55 | -18.62 | 126.65 | -12.93 | -12.67 |
| 20Q2 (6) | 0.98 | 7.69 | 4.26 | 0.75 | 4.17 | -5.06 | 92.91 | -7.45 | -4.46 | 121.60 | -4.43 | 5.75 | 69.05 | -10.71 | 8.21 | 145.46 | -3.21 | -1.99 |
| 20Q1 (5) | 0.91 | -8.08 | 4.6 | 0.72 | -5.26 | -2.7 | 100.39 | 9.21 | -4.39 | 127.23 | 6.65 | 2.9 | 77.33 | 1.46 | 24.4 | 150.29 | 11.33 | -9.72 |
| 19Q4 (4) | 0.99 | 10.0 | 0.0 | 0.76 | -3.8 | 0.0 | 91.92 | -9.02 | 0.0 | 119.30 | 3.16 | 0.0 | 76.22 | 6.38 | 0.0 | 134.99 | -6.92 | 0.0 |
| 19Q3 (3) | 0.90 | -4.26 | 0.0 | 0.79 | 0.0 | 0.0 | 101.03 | 3.89 | 0.0 | 115.64 | 0.57 | 0.0 | 71.65 | 12.29 | 0.0 | 145.02 | -2.29 | 0.0 |
| 19Q2 (2) | 0.94 | 8.05 | 0.0 | 0.79 | 6.76 | 0.0 | 97.25 | -7.38 | 0.0 | 114.99 | -7.0 | 0.0 | 63.81 | 2.65 | 0.0 | 148.42 | -10.85 | 0.0 |
| 19Q1 (1) | 0.87 | 0.0 | 0.0 | 0.74 | 0.0 | 0.0 | 105.00 | 0.0 | 0.0 | 123.64 | 0.0 | 0.0 | 62.16 | 0.0 | 0.0 | 166.48 | 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) | 3.26 | -2.1 | 3.51 | 24.03 | 111.87 | 2.18 | 103.90 | -19.4 | 65.72 | -10.29 | 150.04 | -9.14 |
| 2022 (9) | 3.33 | -15.48 | 2.83 | -20.06 | 109.48 | 18.08 | 128.91 | 25.18 | 73.26 | -6.22 | 165.13 | 40.43 |
| 2021 (8) | 3.94 | 7.36 | 3.54 | 2.02 | 92.72 | -6.72 | 102.98 | -2.03 | 78.12 | -0.51 | 117.59 | -6.67 |
| 2020 (7) | 3.67 | 0.0 | 3.47 | 18.84 | 99.40 | -0.19 | 105.11 | -15.77 | 78.52 | 12.04 | 125.99 | -18.34 |
| 2019 (6) | 3.67 | -1.08 | 2.92 | -2.67 | 99.59 | 1.15 | 124.79 | 2.49 | 70.08 | 11.33 | 154.29 | -1.89 |
| 2018 (5) | 3.71 | -5.6 | 3.00 | 13.21 | 98.46 | 6.14 | 121.76 | -11.7 | 62.95 | 5.99 | 157.27 | -8.18 |
| 2017 (4) | 3.93 | -2.24 | 2.65 | 35.9 | 92.76 | 2.16 | 137.90 | -26.23 | 59.39 | -8.09 | 171.28 | -19.63 |
| 2016 (3) | 4.02 | 2.81 | 1.95 | 8.94 | 90.80 | -2.75 | 186.94 | -8.26 | 64.62 | -11.69 | 213.12 | -4.85 |
| 2015 (2) | 3.91 | 0 | 1.79 | 0 | 93.37 | 0 | 203.78 | 0 | 73.17 | 0 | 223.98 | 0 |
