- 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) | 5.05 | -4.36 | 20.81 | 0.90 | 16.88 | 69.81 | 18.02 | 4.65 | -17.19 | 101.02 | -14.35 | -41.18 | 58.41 | -3.65 | -19.67 | 60.64 | -18.65 | -49.8 |
| 23Q3 (19) | 5.28 | 21.38 | 38.22 | 0.77 | 37.5 | 45.28 | 17.22 | -17.69 | -27.77 | 117.94 | -26.9 | -31.17 | 60.62 | -11.93 | -19.21 | 74.54 | -34.29 | -37.96 |
| 23Q2 (18) | 4.35 | 26.82 | 0.69 | 0.56 | 36.59 | 36.59 | 20.92 | -21.15 | -0.71 | 161.34 | -27.06 | -28.17 | 68.83 | -8.26 | -22.64 | 113.43 | -34.33 | -27.61 |
| 23Q1 (17) | 3.43 | -17.94 | -11.37 | 0.41 | -22.64 | 5.13 | 26.53 | 21.92 | 12.94 | 221.21 | 28.81 | -4.54 | 75.03 | 3.19 | -31.37 | 172.72 | 42.99 | 18.4 |
| 22Q4 (16) | 4.18 | 9.42 | -9.33 | 0.53 | 0.0 | -24.29 | 21.76 | -8.72 | 10.23 | 171.74 | 0.23 | 32.22 | 72.71 | -3.09 | 1.34 | 120.79 | 0.53 | 55.1 |
| 22Q3 (15) | 3.82 | -11.57 | -18.38 | 0.53 | 29.27 | -27.4 | 23.84 | 13.15 | 22.51 | 171.34 | -23.71 | 37.83 | 75.03 | -15.67 | -3.14 | 120.15 | -23.32 | 81.19 |
| 22Q2 (14) | 4.32 | 11.63 | -12.9 | 0.41 | 5.13 | -33.87 | 21.07 | -10.3 | 14.89 | 224.60 | -3.07 | 53.8 | 88.97 | -18.62 | -21.49 | 156.69 | 7.41 | 207.05 |
| 22Q1 (13) | 3.87 | -16.05 | 34.84 | 0.39 | -44.29 | -53.01 | 23.49 | 19.0 | -26.02 | 231.72 | 78.4 | 110.75 | 109.33 | 52.38 | 0.02 | 145.88 | 87.31 | 350.39 |
| 21Q4 (12) | 4.61 | -1.5 | -1.28 | 0.70 | -4.11 | -51.39 | 19.74 | 1.44 | 1.23 | 129.89 | 4.49 | 105.68 | 71.75 | -7.37 | 22.73 | 77.88 | 17.45 | 222.08 |
| 21Q3 (11) | 4.68 | -5.65 | -1.06 | 0.73 | 17.74 | -31.78 | 19.46 | 6.11 | 1.09 | 124.31 | -14.87 | 46.71 | 77.46 | -31.65 | -2.05 | 66.31 | 29.94 | 166.31 |
| 21Q2 (10) | 4.96 | 72.82 | 25.89 | 0.62 | -25.3 | -49.18 | 18.34 | -42.24 | -20.5 | 146.03 | 32.81 | 96.46 | 113.33 | 3.68 | 45.65 | 51.03 | 57.55 | 160.49 |
| 21Q1 (9) | 2.87 | -38.54 | -16.81 | 0.83 | -42.36 | -33.06 | 31.75 | 62.82 | 20.36 | 109.95 | 74.11 | 50.31 | 109.31 | 86.98 | 67.06 | 32.39 | 33.95 | -5.01 |
| 20Q4 (8) | 4.67 | -1.27 | 27.25 | 1.44 | 34.58 | 39.81 | 19.50 | 1.3 | -21.37 | 63.15 | -25.47 | -28.6 | 58.46 | -26.07 | -20.33 | 24.18 | -2.89 | -39.34 |
| 20Q3 (7) | 4.73 | 20.05 | -11.75 | 1.07 | -12.3 | -6.14 | 19.25 | -16.56 | 13.44 | 84.73 | 13.99 | 6.11 | 79.08 | 1.63 | 14.73 | 24.90 | 27.11 | -10.75 |
| 20Q2 (6) | 3.94 | 14.2 | 8.24 | 1.22 | -1.61 | 40.23 | 23.07 | -12.55 | -7.76 | 74.33 | 1.61 | -28.78 | 77.81 | 18.92 | -18.12 | 19.59 | -42.55 | -42.97 |
| 20Q1 (5) | 3.45 | -5.99 | -14.18 | 1.24 | 20.39 | 3.33 | 26.38 | 6.37 | 16.62 | 73.15 | -17.29 | -3.48 | 65.43 | -10.83 | -13.66 | 34.10 | -14.45 | 50.75 |
| 19Q4 (4) | 3.67 | -31.53 | 0.0 | 1.03 | -9.65 | 0.0 | 24.80 | 46.14 | 0.0 | 88.44 | 10.76 | 0.0 | 73.38 | 6.46 | 0.0 | 39.86 | 42.87 | 0.0 |
| 19Q3 (3) | 5.36 | 47.25 | 0.0 | 1.14 | 31.03 | 0.0 | 16.97 | -32.15 | 0.0 | 79.85 | -23.49 | 0.0 | 68.93 | -27.47 | 0.0 | 27.90 | -18.78 | 0.0 |
| 19Q2 (2) | 3.64 | -9.45 | 0.0 | 0.87 | -27.5 | 0.0 | 25.01 | 10.57 | 0.0 | 104.37 | 37.71 | 0.0 | 95.03 | 25.4 | 0.0 | 34.35 | 51.86 | 0.0 |
| 19Q1 (1) | 4.02 | 0.0 | 0.0 | 1.20 | 0.0 | 0.0 | 22.62 | 0.0 | 0.0 | 75.79 | 0.0 | 0.0 | 75.78 | 0.0 | 0.0 | 22.62 | 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) | 23.13 | 5.04 | 2.90 | 26.64 | 15.78 | -4.77 | 125.90 | -20.89 | 53.03 | -13.94 | 88.65 | -22.3 |
| 2022 (9) | 22.02 | 47.88 | 2.29 | -26.84 | 16.57 | -32.39 | 159.14 | 36.29 | 61.62 | -18.86 | 114.09 | 74.64 |
| 2021 (8) | 14.89 | 2.97 | 3.13 | -49.92 | 24.51 | -2.93 | 116.77 | 100.12 | 75.94 | 46.63 | 65.33 | 105.38 |
| 2020 (7) | 14.46 | -5.24 | 6.25 | 17.92 | 25.25 | 5.56 | 58.35 | -15.28 | 51.79 | -11.47 | 31.81 | -7.23 |
| 2019 (6) | 15.26 | 5.24 | 5.30 | 1.73 | 23.92 | -5.0 | 68.87 | -1.66 | 58.50 | -15.29 | 34.29 | 31.18 |
| 2018 (5) | 14.50 | -38.92 | 5.21 | -13.17 | 25.18 | 63.72 | 70.03 | 15.03 | 69.06 | 26.62 | 26.14 | 20.35 |
| 2017 (4) | 23.74 | 94.59 | 6.00 | 22.2 | 15.38 | -48.6 | 60.88 | -18.07 | 54.54 | -47.43 | 21.72 | 4244.0 |
| 2016 (3) | 12.20 | 1.58 | 4.91 | -47.71 | 29.92 | -1.51 | 74.31 | 91.27 | 103.74 | -3.58 | 0.50 | 0 |
| 2015 (2) | 12.01 | 0 | 9.39 | 0 | 30.38 | 0 | 38.85 | 0 | 107.59 | 0 | -38.36 | 0 |
