- 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) | 1.23 | -32.42 | 3.36 | 0.58 | -10.77 | 1.75 | 73.70 | 47.16 | -3.72 | 156.11 | 10.9 | -1.59 | 16.33 | 22.14 | -31.42 | 213.48 | 20.28 | 0.99 |
| 23Q3 (19) | 1.82 | 33.82 | 22.15 | 0.65 | 22.64 | -16.67 | 50.08 | -25.39 | -17.75 | 140.77 | -17.36 | 20.96 | 13.37 | -2.34 | -44.52 | 177.48 | -20.69 | 15.87 |
| 23Q2 (18) | 1.36 | -20.0 | 4.62 | 0.53 | -17.19 | -40.45 | 67.12 | 25.5 | -4.05 | 170.34 | 19.99 | 67.02 | 13.69 | 23.67 | -48.14 | 223.78 | 21.37 | 53.76 |
| 23Q1 (17) | 1.70 | 42.86 | -4.49 | 0.64 | 12.28 | -46.22 | 53.48 | -30.14 | 4.31 | 141.96 | -10.51 | 85.5 | 11.07 | -53.51 | -39.18 | 184.38 | -12.77 | 68.25 |
| 22Q4 (16) | 1.19 | -20.13 | -17.36 | 0.57 | -26.92 | -46.23 | 76.55 | 25.72 | 21.24 | 158.64 | 36.31 | 85.35 | 23.81 | -1.2 | 7.88 | 211.38 | 38.0 | 66.89 |
| 22Q3 (15) | 1.49 | 14.62 | -23.2 | 0.78 | -12.36 | -38.1 | 60.89 | -12.95 | 30.13 | 116.38 | 14.11 | 61.3 | 24.10 | -8.71 | 17.96 | 153.17 | 5.24 | 55.49 |
| 22Q2 (14) | 1.30 | -26.97 | -4.41 | 0.89 | -25.21 | -14.42 | 69.95 | 36.43 | 4.68 | 101.99 | 33.27 | 16.31 | 26.40 | 45.05 | -14.56 | 145.54 | 32.8 | 17.74 |
| 22Q1 (13) | 1.78 | 23.61 | 7.23 | 1.19 | 12.26 | -8.46 | 51.27 | -18.8 | -6.71 | 76.53 | -10.59 | 9.42 | 18.20 | -17.54 | -33.36 | 109.59 | -13.48 | 12.3 |
| 21Q4 (12) | 1.44 | -25.77 | 7.46 | 1.06 | -15.87 | -11.67 | 63.14 | 34.94 | -7.22 | 85.59 | 18.63 | 12.93 | 22.07 | 8.03 | -0.32 | 126.66 | 28.58 | 4.08 |
| 21Q3 (11) | 1.94 | 42.65 | 10.86 | 1.26 | 21.15 | -11.27 | 46.79 | -29.98 | -10.09 | 72.15 | -17.72 | 12.56 | 20.43 | -33.88 | 24.42 | 98.51 | -20.31 | -1.21 |
| 21Q2 (10) | 1.36 | -18.07 | -14.47 | 1.04 | -20.0 | -8.77 | 66.82 | 21.58 | 16.41 | 87.69 | 25.38 | 9.79 | 30.90 | 13.15 | 53.65 | 123.61 | 26.66 | 5.51 |
| 21Q1 (9) | 1.66 | 23.88 | 14.48 | 1.30 | 8.33 | 19.27 | 54.96 | -19.24 | -12.22 | 69.94 | -7.72 | -15.99 | 27.31 | 23.35 | 18.64 | 97.59 | -19.81 | -20.56 |
| 20Q4 (8) | 1.34 | -23.43 | 28.85 | 1.20 | -15.49 | -6.25 | 68.05 | 30.76 | -21.91 | 75.79 | 18.24 | 6.84 | 22.14 | 34.84 | 5.68 | 121.70 | 22.04 | -11.25 |
| 20Q3 (7) | 1.75 | 10.06 | 19.86 | 1.42 | 24.56 | 21.37 | 52.04 | -9.34 | -16.39 | 64.10 | -19.74 | -17.31 | 16.42 | -18.35 | -44.77 | 99.72 | -14.89 | -9.37 |
| 20Q2 (6) | 1.59 | 9.66 | 35.9 | 1.14 | 4.59 | 17.53 | 57.40 | -8.32 | -26.02 | 79.87 | -4.06 | -14.86 | 20.11 | -12.64 | -40.94 | 117.16 | -4.62 | -14.7 |
| 20Q1 (5) | 1.45 | 39.42 | -14.2 | 1.09 | -14.84 | -10.66 | 62.61 | -28.15 | 16.18 | 83.25 | 17.35 | 11.52 | 23.02 | 9.88 | -2.66 | 122.84 | -10.42 | 17.11 |
| 19Q4 (4) | 1.04 | -28.77 | 0.0 | 1.28 | 9.4 | 0.0 | 87.14 | 40.01 | 0.0 | 70.94 | -8.49 | 0.0 | 20.95 | -29.53 | 0.0 | 137.13 | 24.63 | 0.0 |
| 19Q3 (3) | 1.46 | 24.79 | 0.0 | 1.17 | 20.62 | 0.0 | 62.24 | -19.78 | 0.0 | 77.52 | -17.36 | 0.0 | 29.73 | -12.69 | 0.0 | 110.03 | -19.89 | 0.0 |
| 19Q2 (2) | 1.17 | -30.77 | 0.0 | 0.97 | -20.49 | 0.0 | 77.59 | 43.98 | 0.0 | 93.81 | 25.67 | 0.0 | 34.05 | 43.97 | 0.0 | 137.35 | 30.95 | 0.0 |
| 19Q1 (1) | 1.69 | 0.0 | 0.0 | 1.22 | 0.0 | 0.0 | 53.89 | 0.0 | 0.0 | 74.65 | 0.0 | 0.0 | 23.65 | 0.0 | 0.0 | 104.89 | 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) | 7.51 | -6.01 | 2.53 | -20.69 | 48.58 | 6.28 | 144.46 | 26.09 | 16.89 | 18.61 | 176.15 | 20.63 |
| 2022 (9) | 7.99 | 3.77 | 3.19 | -38.42 | 45.71 | -3.5 | 114.57 | 62.58 | 14.24 | -3.52 | 146.03 | 41.67 |
| 2021 (8) | 7.70 | 2.94 | 5.18 | -5.13 | 47.37 | -2.95 | 70.47 | 5.48 | 14.76 | -12.51 | 103.08 | 4.37 |
| 2020 (7) | 7.48 | -9.55 | 5.46 | 0.37 | 48.81 | 10.63 | 66.81 | -0.36 | 16.87 | -12.27 | 98.76 | 7.42 |
| 2019 (6) | 8.27 | 9.54 | 5.44 | 33.01 | 44.12 | -8.79 | 67.05 | -24.85 | 19.23 | -33.25 | 91.94 | -15.47 |
| 2018 (5) | 7.55 | 13.88 | 4.09 | 26.63 | 48.37 | -12.09 | 89.22 | -20.97 | 28.81 | -29.97 | 108.77 | -14.2 |
| 2017 (4) | 6.63 | -29.77 | 3.23 | 12.15 | 55.02 | 42.35 | 112.89 | -10.93 | 41.14 | -15.04 | 126.77 | 8.38 |
| 2016 (3) | 9.44 | 0 | 2.88 | 0 | 38.65 | 0 | 126.74 | 0 | 48.42 | 0 | 116.97 | 0 |
