- 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) | 1.55 | 49.04 | -40.84 | 9.66 | 79.55 | -23.94 | 58.77 | -32.63 | 68.93 | 9.42 | -44.33 | 31.56 | 10.27 | -41.71 | 35.67 | 57.92 | -33.07 | 68.42 |
| 23Q3 (19) | 1.04 | -59.38 | -53.15 | 5.38 | -55.2 | -49.95 | 87.24 | 145.68 | 113.04 | 16.92 | 123.22 | 99.76 | 17.62 | 113.58 | 96.65 | 86.54 | 148.39 | 113.89 |
| 23Q2 (18) | 2.56 | -1.16 | 23.08 | 12.01 | -3.77 | 41.79 | 35.51 | 1.14 | -18.83 | 7.58 | 3.98 | -29.42 | 8.25 | 2.36 | -28.82 | 34.84 | 1.46 | -18.79 |
| 23Q1 (17) | 2.59 | -1.15 | 30.15 | 12.48 | -1.73 | 47.34 | 35.11 | 0.92 | -23.29 | 7.29 | 1.82 | -32.19 | 8.06 | 6.47 | -37.37 | 34.34 | -0.15 | -21.33 |
| 22Q4 (16) | 2.62 | 18.02 | 72.37 | 12.70 | 18.14 | 117.84 | 34.79 | -15.04 | -42.06 | 7.16 | -15.47 | -54.1 | 7.57 | -15.51 | -64.79 | 34.39 | -15.0 | -36.5 |
| 22Q3 (15) | 2.22 | 6.73 | 50.0 | 10.75 | 26.92 | 54.68 | 40.95 | -6.4 | -33.25 | 8.47 | -21.14 | -35.34 | 8.96 | -22.69 | -54.7 | 40.46 | -5.69 | -25.98 |
| 22Q2 (14) | 2.08 | 4.52 | 112.24 | 8.47 | 0.0 | -90.12 | 43.75 | -4.41 | -52.93 | 10.74 | -0.09 | 913.21 | 11.59 | -9.95 | 42.91 | 42.90 | -1.72 | -50.06 |
| 22Q1 (13) | 1.99 | 30.92 | 45.26 | 8.47 | 45.28 | -92.68 | 45.77 | -23.78 | -30.94 | 10.75 | -31.09 | 1260.76 | 12.87 | -40.14 | 85.71 | 43.65 | -19.41 | -27.41 |
| 21Q4 (12) | 1.52 | 2.7 | 15.15 | 5.83 | -16.12 | -93.75 | 60.05 | -2.12 | -13.16 | 15.60 | 19.08 | 1508.25 | 21.50 | 8.7 | 193.72 | 54.16 | -0.91 | -13.74 |
| 21Q3 (11) | 1.48 | 51.02 | 12.12 | 6.95 | -91.89 | -92.52 | 61.35 | -34.0 | -11.32 | 13.10 | 1135.85 | 1236.73 | 19.78 | 143.9 | 213.47 | 54.66 | -36.37 | -14.39 |
| 21Q2 (10) | 0.98 | -28.47 | -20.33 | 85.71 | -25.89 | -37.92 | 92.95 | 40.24 | 25.63 | 1.06 | 34.18 | 60.61 | 8.11 | 17.03 | 53.89 | 85.90 | 42.86 | 23.81 |
| 21Q1 (9) | 1.37 | 3.79 | 19.13 | 115.66 | 23.9 | -9.75 | 66.28 | -4.15 | -16.39 | 0.79 | -18.56 | 11.27 | 6.93 | -5.33 | 30.51 | 60.13 | -4.24 | -19.47 |
| 20Q4 (8) | 1.32 | 0.0 | -5.04 | 93.35 | 0.47 | -53.8 | 69.15 | -0.04 | 5.94 | 0.97 | -1.02 | 115.56 | 7.32 | 16.01 | 121.15 | 62.79 | -1.66 | 0.63 |
| 20Q3 (7) | 1.32 | 7.32 | -5.04 | 92.91 | -32.7 | -68.63 | 69.18 | -6.5 | 5.46 | 0.98 | 48.48 | 216.13 | 6.31 | 19.73 | 65.62 | 63.85 | -7.97 | 2.83 |
| 20Q2 (6) | 1.23 | 6.96 | -12.14 | 138.06 | 7.73 | -21.56 | 73.99 | -6.66 | 13.83 | 0.66 | -7.04 | 26.92 | 5.27 | -0.75 | 47.62 | 69.38 | -7.08 | 11.99 |
| 20Q1 (5) | 1.15 | -17.27 | -9.45 | 128.15 | -36.58 | 3.89 | 79.27 | 21.45 | 10.27 | 0.71 | 57.78 | -4.05 | 5.31 | 60.42 | 37.56 | 74.67 | 19.66 | 8.6 |
| 19Q4 (4) | 1.39 | 0.0 | 0.0 | 202.05 | -31.79 | 0.0 | 65.27 | -0.5 | 0.0 | 0.45 | 45.16 | 0.0 | 3.31 | -13.12 | 0.0 | 62.40 | 0.5 | 0.0 |
| 19Q3 (3) | 1.39 | -0.71 | 0.0 | 296.22 | 68.3 | 0.0 | 65.60 | 0.92 | 0.0 | 0.31 | -40.38 | 0.0 | 3.81 | 6.72 | 0.0 | 62.09 | 0.23 | 0.0 |
| 19Q2 (2) | 1.40 | 10.24 | 0.0 | 176.01 | 42.69 | 0.0 | 65.00 | -9.58 | 0.0 | 0.52 | -29.73 | 0.0 | 3.57 | -7.51 | 0.0 | 61.95 | -9.9 | 0.0 |
| 19Q1 (1) | 1.27 | 0.0 | 0.0 | 123.35 | 0.0 | 0.0 | 71.89 | 0.0 | 0.0 | 0.74 | 0.0 | 0.0 | 3.86 | 0.0 | 0.0 | 68.76 | 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) | 7.93 | -17.05 | 41.40 | -10.6 | 46.05 | 20.58 | 8.82 | 11.93 | 10.45 | 3.36 | 44.42 | 23.49 |
| 2022 (9) | 9.56 | 65.11 | 46.31 | 60.91 | 38.19 | -39.38 | 7.88 | -37.85 | 10.11 | -49.42 | 35.97 | -35.41 |
| 2021 (8) | 5.79 | 16.03 | 28.78 | -93.24 | 63.00 | -13.91 | 12.68 | 1374.42 | 19.99 | 215.3 | 55.69 | -17.73 |
| 2020 (7) | 4.99 | 14.71 | 425.94 | -17.06 | 73.18 | -12.88 | 0.86 | 21.13 | 6.34 | 43.44 | 67.69 | -15.68 |
| 2019 (6) | 4.35 | -26.52 | 513.58 | -20.15 | 84.00 | 36.21 | 0.71 | 24.56 | 4.42 | 18.18 | 80.28 | 37.23 |
| 2018 (5) | 5.92 | 33.94 | 643.16 | 79.5 | 61.67 | -25.24 | 0.57 | -44.12 | 3.74 | -32.12 | 58.50 | -25.0 |
| 2017 (4) | 4.42 | 9.41 | 358.30 | -18.96 | 82.49 | -8.68 | 1.02 | 22.89 | 5.51 | 66.97 | 78.00 | -11.22 |
| 2016 (3) | 4.04 | 28.66 | 442.15 | 27.4 | 90.33 | -22.29 | 0.83 | -20.95 | 3.30 | -10.33 | 87.86 | -22.67 |
| 2015 (2) | 3.14 | 57.0 | 347.06 | 56.62 | 116.24 | -36.23 | 1.05 | -36.36 | 3.68 | -52.45 | 113.61 | -35.52 |
| 2014 (1) | 2.00 | -17.01 | 221.59 | 87.92 | 182.28 | 20.29 | 1.65 | -46.77 | 7.74 | -35.98 | 176.19 | 23.62 |
