- 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) | 2.47 | -1.2 | -10.18 | 5.11 | 19.39 | 49.42 | 36.84 | 1.26 | 11.53 | 17.81 | -16.23 | -33.02 | 32.20 | -15.66 | 20.92 | 22.45 | 15.36 | -31.95 |
| 23Q3 (19) | 2.50 | -4.21 | -7.75 | 4.28 | -17.85 | 36.74 | 36.38 | 4.45 | 8.5 | 21.26 | 21.62 | -26.79 | 38.18 | 22.29 | -3.51 | 19.46 | -7.77 | -15.39 |
| 23Q2 (18) | 2.61 | 0.0 | 4.82 | 5.21 | 26.46 | -7.95 | 34.83 | -0.29 | -4.73 | 17.48 | -20.83 | 8.71 | 31.22 | 13.24 | -18.74 | 21.10 | -28.33 | 48.38 |
| 23Q1 (17) | 2.61 | -5.09 | 13.48 | 4.12 | 20.47 | -66.26 | 34.93 | 5.75 | -11.82 | 22.08 | -16.96 | 196.38 | 27.57 | 3.53 | -24.22 | 29.44 | -10.76 | 175.4 |
| 22Q4 (16) | 2.75 | 1.48 | 19.05 | 3.42 | 9.27 | -75.4 | 33.03 | -1.49 | -16.04 | 26.59 | -8.44 | 305.95 | 26.63 | -32.7 | -32.15 | 32.99 | 43.43 | 396.84 |
| 22Q3 (15) | 2.71 | 8.84 | 17.32 | 3.13 | -44.7 | -90.08 | 33.53 | -8.29 | -14.73 | 29.04 | 80.6 | 908.33 | 39.57 | 2.99 | 13.28 | 23.00 | 61.74 | 216.37 |
| 22Q2 (14) | 2.49 | 8.26 | 4.18 | 5.66 | -53.64 | -78.84 | 36.56 | -7.7 | -4.02 | 16.08 | 115.84 | 372.94 | 38.42 | 5.61 | 24.66 | 14.22 | 33.02 | 33.15 |
| 22Q1 (13) | 2.30 | -0.43 | 5.5 | 12.21 | -12.16 | -0.97 | 39.61 | 0.69 | -4.9 | 7.45 | 13.74 | 0.95 | 36.38 | -7.31 | 37.18 | 10.69 | 60.99 | -52.53 |
| 21Q4 (12) | 2.31 | 0.0 | 0.0 | 13.90 | -55.96 | 31.01 | 39.34 | 0.05 | 0.03 | 6.55 | 127.43 | -23.66 | 39.25 | 12.37 | 86.46 | 6.64 | -8.67 | -75.29 |
| 21Q3 (11) | 2.31 | -3.35 | 4.52 | 31.56 | 17.98 | 210.02 | 39.32 | 3.23 | -4.47 | 2.88 | -15.29 | -67.79 | 34.93 | 13.34 | 15.28 | 7.27 | -31.93 | -63.28 |
| 21Q2 (10) | 2.39 | 9.63 | 4.37 | 26.75 | 116.95 | 43.2 | 38.09 | -8.55 | -4.25 | 3.40 | -53.93 | -30.18 | 30.82 | 16.21 | -1.15 | 10.68 | -52.58 | -20.77 |
| 21Q1 (9) | 2.18 | -5.63 | 0.93 | 12.33 | 16.21 | -21.71 | 41.65 | 5.9 | -1.35 | 7.38 | -13.99 | 27.68 | 26.52 | 25.99 | -17.43 | 22.52 | -16.19 | 41.81 |
| 20Q4 (8) | 2.31 | 4.52 | 2.67 | 10.61 | 4.22 | 7.39 | 39.33 | -4.45 | -2.89 | 8.58 | -4.03 | -6.84 | 21.05 | -30.53 | -43.6 | 26.87 | 35.71 | 116.87 |
| 20Q3 (7) | 2.21 | -3.49 | -1.78 | 10.18 | -45.5 | 27.73 | 41.16 | 3.47 | 1.96 | 8.94 | 83.57 | -21.72 | 30.30 | -2.82 | -22.57 | 19.80 | 46.88 | 56.4 |
| 20Q2 (6) | 2.29 | 6.02 | 2.69 | 18.68 | 18.6 | 56.84 | 39.78 | -5.78 | -2.67 | 4.87 | -15.74 | -36.26 | 31.18 | -2.93 | -23.93 | 13.48 | -15.11 | 79.49 |
| 20Q1 (5) | 2.16 | -4.0 | 22.03 | 15.75 | 59.41 | 1331.82 | 42.22 | 4.25 | -17.99 | 5.78 | -37.24 | -93.01 | 32.12 | -13.93 | -27.54 | 15.88 | 28.17 | -82.32 |
| 19Q4 (4) | 2.25 | 0.0 | 0.0 | 9.88 | 23.96 | 0.0 | 40.50 | 0.32 | 0.0 | 9.21 | -19.35 | 0.0 | 37.32 | -4.63 | 0.0 | 12.39 | -2.13 | 0.0 |
| 19Q3 (3) | 2.25 | 0.9 | 0.0 | 7.97 | -33.08 | 0.0 | 40.37 | -1.22 | 0.0 | 11.42 | 49.48 | 0.0 | 39.13 | -4.54 | 0.0 | 12.66 | 68.58 | 0.0 |
| 19Q2 (2) | 2.23 | 25.99 | 0.0 | 11.91 | 982.73 | 0.0 | 40.87 | -20.61 | 0.0 | 7.64 | -90.76 | 0.0 | 40.99 | -7.53 | 0.0 | 7.51 | -91.64 | 0.0 |
| 19Q1 (1) | 1.77 | 0.0 | 0.0 | 1.10 | 0.0 | 0.0 | 51.48 | 0.0 | 0.0 | 82.66 | 0.0 | 0.0 | 44.33 | 0.0 | 0.0 | 89.80 | 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) | 9.30 | 0.65 | 19.49 | 0.62 | 39.26 | -0.63 | 18.72 | -0.64 | 27.44 | -23.63 | 30.55 | 36.26 |
| 2022 (9) | 9.24 | 2.44 | 19.37 | -48.33 | 39.51 | -2.35 | 18.84 | 93.43 | 35.93 | 8.26 | 22.42 | 31.8 |
| 2021 (8) | 9.02 | 8.28 | 37.49 | -9.42 | 40.46 | -7.69 | 9.74 | 10.43 | 33.19 | 14.53 | 17.01 | -28.14 |
| 2020 (7) | 8.33 | 18.83 | 41.39 | 807.68 | 43.83 | -15.76 | 8.82 | -88.98 | 28.98 | -33.03 | 23.67 | -73.34 |
| 2019 (6) | 7.01 | -14.2 | 4.56 | 78.12 | 52.03 | 16.45 | 80.03 | -43.8 | 43.27 | 12.33 | 88.79 | -40.23 |
| 2018 (5) | 8.17 | 13.47 | 2.56 | 7.11 | 44.68 | -11.82 | 142.39 | -6.94 | 38.52 | -23.69 | 148.56 | -3.02 |
| 2017 (4) | 7.20 | -21.14 | 2.39 | -20.07 | 50.67 | 26.8 | 153.01 | 25.35 | 50.48 | 8.21 | 153.19 | 32.76 |
| 2016 (3) | 9.13 | 44.01 | 2.99 | 21.05 | 39.96 | -30.56 | 122.07 | -17.46 | 46.65 | -30.86 | 115.39 | -16.37 |
| 2015 (2) | 6.34 | 6.55 | 2.47 | -18.21 | 57.55 | -6.26 | 147.89 | 22.44 | 67.47 | 6.22 | 137.98 | 16.28 |
| 2014 (1) | 5.95 | -5.56 | 3.02 | -14.93 | 61.39 | 5.88 | 120.79 | 17.52 | 63.52 | 15.93 | 118.66 | 11.98 |
