- 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) | 0.94 | 4.44 | -1.05 | 36.33 | 31.44 | 266.23 | 96.68 | -4.06 | 0.86 | 2.50 | -24.01 | -72.74 | 75.15 | 21.03 | 26.66 | 24.03 | -42.74 | -47.42 |
| 23Q3 (19) | 0.90 | 0.0 | 2.27 | 27.64 | 109.08 | 134.63 | 100.77 | -0.28 | -2.95 | 3.29 | -52.18 | -57.44 | 62.09 | 19.15 | 12.38 | 41.97 | -24.81 | -25.47 |
| 23Q2 (18) | 0.90 | -7.22 | 0.0 | 13.22 | 47.71 | 28.98 | 101.05 | 8.21 | -0.04 | 6.88 | -32.35 | -22.52 | 52.11 | -11.06 | 0.62 | 55.82 | 24.15 | -4.06 |
| 23Q1 (17) | 0.97 | 2.11 | 16.87 | 8.95 | -9.78 | 17.45 | 93.38 | -2.59 | -14.88 | 10.17 | 10.91 | -14.9 | 58.59 | -1.25 | -5.65 | 44.96 | -1.62 | -24.49 |
| 22Q4 (16) | 0.95 | 7.95 | 20.25 | 9.92 | -15.79 | 85.07 | 95.86 | -7.68 | -16.67 | 9.17 | 18.63 | -45.96 | 59.33 | 7.38 | -15.13 | 45.70 | -18.84 | -26.4 |
| 22Q3 (15) | 0.88 | -2.22 | 18.92 | 11.78 | 14.93 | 96.33 | 103.83 | 2.71 | -15.12 | 7.73 | -12.95 | -49.08 | 55.25 | 6.68 | -10.6 | 56.31 | -3.21 | -25.6 |
| 22Q2 (14) | 0.90 | 8.43 | 52.54 | 10.25 | 34.51 | 24.54 | 101.09 | -7.85 | -34.21 | 8.88 | -25.69 | -19.71 | 51.79 | -16.6 | -39.67 | 58.18 | -2.28 | -26.22 |
| 22Q1 (13) | 0.83 | 5.06 | 6.41 | 7.62 | 42.16 | -43.05 | 109.70 | -4.63 | -6.19 | 11.95 | -29.58 | 75.74 | 62.10 | -11.17 | 0.0 | 59.54 | -4.11 | -3.39 |
| 21Q4 (12) | 0.79 | 6.76 | 17.91 | 5.36 | -10.67 | -46.56 | 115.03 | -5.96 | -15.3 | 16.97 | 11.79 | 86.89 | 69.91 | 13.12 | 54.6 | 62.09 | -17.97 | -37.7 |
| 21Q3 (11) | 0.74 | 25.42 | 32.14 | 6.00 | -27.1 | 6.38 | 122.32 | -20.39 | -24.34 | 15.18 | 37.25 | -5.83 | 61.80 | -28.01 | 31.24 | 75.69 | -4.02 | -42.09 |
| 21Q2 (10) | 0.59 | -24.36 | -14.49 | 8.23 | -38.49 | 47.23 | 153.65 | 31.39 | 16.84 | 11.06 | 62.65 | -32.02 | 85.84 | 38.23 | 73.27 | 78.86 | 27.96 | -19.73 |
| 21Q1 (9) | 0.78 | 16.42 | 20.0 | 13.38 | 33.4 | 206.18 | 116.94 | -13.89 | -17.07 | 6.80 | -25.11 | -67.35 | 62.10 | 37.33 | -0.99 | 61.63 | -38.17 | -37.83 |
| 20Q4 (8) | 0.67 | 19.64 | 3.08 | 10.03 | 77.84 | 149.5 | 135.81 | -16.0 | -2.49 | 9.08 | -43.67 | -59.86 | 45.22 | -3.97 | -43.92 | 99.67 | -23.75 | 22.66 |
| 20Q3 (7) | 0.56 | -18.84 | -12.5 | 5.64 | 0.89 | 20.51 | 161.68 | 22.95 | 13.28 | 16.12 | -0.92 | -16.99 | 47.09 | -4.95 | -46.87 | 130.71 | 33.05 | 77.81 |
| 20Q2 (6) | 0.69 | 6.15 | 21.05 | 5.59 | 27.92 | -28.97 | 131.50 | -6.74 | -18.07 | 16.27 | -21.89 | 40.74 | 49.54 | -21.01 | -49.31 | 98.24 | -0.9 | 32.17 |
| 20Q1 (5) | 0.65 | 0.0 | -20.73 | 4.37 | 8.71 | -69.72 | 141.01 | 1.24 | 27.46 | 20.83 | -7.91 | 230.63 | 62.72 | -22.21 | -33.95 | 99.13 | 21.99 | 351.0 |
| 19Q4 (4) | 0.65 | 1.56 | 0.0 | 4.02 | -14.1 | 0.0 | 139.28 | -2.42 | 0.0 | 22.62 | 16.48 | 0.0 | 80.63 | -9.04 | 0.0 | 81.26 | 10.54 | 0.0 |
| 19Q3 (3) | 0.64 | 12.28 | 0.0 | 4.68 | -40.53 | 0.0 | 142.73 | -11.08 | 0.0 | 19.42 | 67.99 | 0.0 | 88.64 | -9.3 | 0.0 | 73.51 | -1.1 | 0.0 |
| 19Q2 (2) | 0.57 | -30.49 | 0.0 | 7.87 | -45.46 | 0.0 | 160.51 | 45.09 | 0.0 | 11.56 | 83.49 | 0.0 | 97.73 | 2.92 | 0.0 | 74.33 | 238.17 | 0.0 |
| 19Q1 (1) | 0.82 | 0.0 | 0.0 | 14.43 | 0.0 | 0.0 | 110.63 | 0.0 | 0.0 | 6.30 | 0.0 | 0.0 | 94.96 | 0.0 | 0.0 | 21.98 | 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) | 3.92 | 13.95 | 58.35 | 84.54 | 93.09 | -12.35 | 6.25 | -45.84 | 68.05 | -1.22 | 31.29 | -35.95 |
| 2022 (9) | 3.44 | -2.82 | 31.62 | -21.79 | 106.21 | 2.91 | 11.54 | 27.8 | 68.89 | 23.68 | 48.85 | -13.6 |
| 2021 (8) | 3.54 | 46.28 | 40.43 | 106.38 | 103.21 | -31.5 | 9.03 | -51.53 | 55.70 | -20.26 | 56.54 | -43.15 |
| 2020 (7) | 2.42 | -10.37 | 19.59 | -3.35 | 150.67 | 11.6 | 18.63 | 3.5 | 69.85 | -28.51 | 99.45 | 79.8 |
| 2019 (6) | 2.70 | -48.37 | 20.27 | -61.06 | 135.01 | 93.56 | 18.00 | 156.78 | 97.71 | 27.61 | 55.31 | 27555.0 |
| 2018 (5) | 5.23 | 0 | 52.05 | 0 | 69.75 | 0 | 7.01 | 0 | 76.57 | 0 | 0.20 | 0 |
