- 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) | 10.88 | -2.07 | -16.24 | 2.04 | 29.11 | -2.86 | 8.36 | 2.08 | 19.43 | 44.56 | -22.4 | 2.74 | 40.58 | -11.92 | -9.98 | 12.34 | -36.85 | 133.27 |
| 23Q3 (19) | 11.11 | -12.86 | -35.33 | 1.58 | -16.84 | -3.66 | 8.19 | 14.71 | 54.53 | 57.42 | 19.87 | 3.22 | 46.07 | 16.9 | 26.18 | 19.54 | 25.02 | -19.98 |
| 23Q2 (18) | 12.75 | 2.49 | 14.25 | 1.90 | -13.64 | 31.03 | 7.14 | -2.46 | -12.39 | 47.90 | 15.78 | -23.77 | 39.41 | -3.64 | 3.74 | 15.63 | 100.64 | -52.65 |
| 23Q1 (17) | 12.44 | -4.23 | -14.09 | 2.20 | 4.76 | -13.04 | 7.32 | 4.57 | 16.38 | 41.37 | -4.61 | 14.82 | 40.90 | -9.27 | 0.25 | 7.79 | 47.26 | 415.89 |
| 22Q4 (16) | 12.99 | -24.39 | -21.08 | 2.10 | 28.05 | -7.89 | 7.00 | 32.08 | 26.58 | 43.37 | -22.04 | 8.51 | 45.08 | 23.47 | 27.92 | 5.29 | -78.34 | -48.44 |
| 22Q3 (15) | 17.18 | 53.94 | -21.8 | 1.64 | 13.1 | 33.33 | 5.30 | -34.97 | 28.02 | 55.63 | -11.47 | -25.1 | 36.51 | -3.9 | 30.11 | 24.42 | -26.02 | -51.5 |
| 22Q2 (14) | 11.16 | -22.93 | -2.79 | 1.45 | -42.69 | -13.17 | 8.15 | 29.57 | 2.9 | 62.84 | 74.41 | 14.99 | 37.99 | -6.89 | -0.86 | 33.01 | 2086.09 | 36.12 |
| 22Q1 (13) | 14.48 | -12.03 | 55.7 | 2.53 | 10.96 | -10.92 | 6.29 | 13.74 | -35.75 | 36.03 | -9.86 | 12.45 | 40.80 | 15.78 | -7.1 | 1.51 | -85.28 | 172.25 |
| 21Q4 (12) | 16.46 | -25.08 | 22.11 | 2.28 | 85.37 | -39.84 | 5.53 | 33.57 | -18.07 | 39.97 | -46.18 | 66.4 | 35.24 | 25.59 | -1.95 | 10.26 | -79.62 | 298.45 |
| 21Q3 (11) | 21.97 | 91.38 | 46.47 | 1.23 | -26.35 | -54.78 | 4.14 | -47.73 | -31.8 | 74.27 | 35.9 | 122.17 | 28.06 | -26.77 | -11.37 | 50.35 | 107.63 | 543.04 |
| 21Q2 (10) | 11.48 | 23.44 | 67.59 | 1.67 | -41.2 | 3.73 | 7.92 | -19.1 | -40.41 | 54.65 | 70.57 | -3.03 | 38.32 | -12.75 | 15.77 | 24.25 | 1260.29 | -33.65 |
| 21Q1 (9) | 9.30 | -31.01 | -25.6 | 2.84 | -25.07 | 4.8 | 9.79 | 45.04 | 34.48 | 32.04 | 33.39 | -4.67 | 43.92 | 22.2 | 37.16 | -2.09 | 59.57 | -123.56 |
| 20Q4 (8) | 13.48 | -10.13 | -3.02 | 3.79 | 39.34 | 39.85 | 6.75 | 11.2 | 3.21 | 24.02 | -28.15 | -28.47 | 35.94 | 13.52 | 10.79 | -5.17 | -166.03 | -167.23 |
| 20Q3 (7) | 15.00 | 118.98 | 115.83 | 2.72 | 68.94 | 15.74 | 6.07 | -54.33 | -53.63 | 33.43 | -40.68 | -13.71 | 31.66 | -4.35 | -3.24 | 7.83 | -78.58 | -59.01 |
| 20Q2 (6) | 6.85 | -45.2 | 8.04 | 1.61 | -40.59 | -41.67 | 13.29 | 82.55 | -7.39 | 56.36 | 67.69 | 71.15 | 33.10 | 3.37 | -1.55 | 36.55 | 312.06 | 167.77 |
| 20Q1 (5) | 12.50 | -10.07 | 38.58 | 2.71 | 0.0 | -11.44 | 7.28 | 11.31 | -27.85 | 33.61 | 0.09 | 12.9 | 32.02 | -1.29 | 6.8 | 8.87 | 15.34 | -10.22 |
| 19Q4 (4) | 13.90 | 100.0 | 0.0 | 2.71 | 15.32 | 0.0 | 6.54 | -50.04 | 0.0 | 33.58 | -13.32 | 0.0 | 32.44 | -0.86 | 0.0 | 7.69 | -59.74 | 0.0 |
| 19Q3 (3) | 6.95 | 9.62 | 0.0 | 2.35 | -14.86 | 0.0 | 13.09 | -8.78 | 0.0 | 38.74 | 17.64 | 0.0 | 32.72 | -2.68 | 0.0 | 19.10 | 39.93 | 0.0 |
| 19Q2 (2) | 6.34 | -29.71 | 0.0 | 2.76 | -9.8 | 0.0 | 14.35 | 42.22 | 0.0 | 32.93 | 10.61 | 0.0 | 33.62 | 12.14 | 0.0 | 13.65 | 38.16 | 0.0 |
| 19Q1 (1) | 9.02 | 0.0 | 0.0 | 3.06 | 0.0 | 0.0 | 10.09 | 0.0 | 0.0 | 29.77 | 0.0 | 0.0 | 29.98 | 0.0 | 0.0 | 9.88 | 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) | 27.78 | -2.39 | 6.86 | 7.86 | 13.14 | 2.42 | 53.19 | -7.29 | 57.44 | -18.11 | 8.88 | 17660.0 |
| 2022 (9) | 28.46 | 46.32 | 6.36 | -9.27 | 12.83 | -31.65 | 57.37 | 10.14 | 70.14 | -10.84 | 0.05 | 0 |
| 2021 (8) | 19.45 | -18.48 | 7.01 | -18.01 | 18.77 | 22.68 | 52.09 | 21.96 | 78.67 | 33.91 | -7.81 | 0 |
| 2020 (7) | 23.86 | -18.93 | 8.55 | -3.93 | 15.30 | 23.39 | 42.71 | 4.15 | 58.75 | 34.62 | -0.75 | 0 |
| 2019 (6) | 29.43 | 25.98 | 8.90 | 1.48 | 12.40 | -20.67 | 41.01 | -1.47 | 43.64 | -3.11 | 9.77 | -19.98 |
| 2018 (5) | 23.36 | 12.42 | 8.77 | -7.29 | 15.63 | -11.04 | 41.62 | 7.82 | 45.04 | -4.52 | 12.21 | 35.82 |
| 2017 (4) | 20.78 | -5.33 | 9.46 | -4.44 | 17.57 | 5.65 | 38.60 | 4.69 | 47.17 | 2.19 | 8.99 | 22.31 |
| 2016 (3) | 21.95 | -26.83 | 9.90 | -0.1 | 16.63 | 36.65 | 36.87 | 0.11 | 46.16 | 18.0 | 7.35 | -25.53 |
| 2015 (2) | 30.00 | -3.26 | 9.91 | 2.91 | 12.17 | 3.4 | 36.83 | -2.87 | 39.12 | 0.57 | 9.87 | -8.44 |
| 2014 (1) | 31.01 | 34.3 | 9.63 | 21.59 | 11.77 | -25.55 | 37.92 | -17.74 | 38.90 | -21.03 | 10.78 | -14.72 |
