- 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) | 1.81 | -30.92 | -29.02 | 0.26 | -7.14 | -69.05 | 50.18 | 44.28 | 40.36 | 354.28 | 9.26 | 227.7 | 6.94 | 154.21 | 27.11 | 397.52 | 11.57 | 187.23 |
| 23Q3 (19) | 2.62 | 219.51 | 35.05 | 0.28 | 64.71 | -74.07 | 34.78 | -68.48 | -26.03 | 324.24 | -40.36 | 283.76 | 2.73 | 33.17 | -57.34 | 356.29 | -45.35 | 184.78 |
| 23Q2 (18) | 0.82 | -61.68 | -60.95 | 0.17 | -26.09 | -82.65 | 110.33 | 159.48 | 154.86 | 543.70 | 35.27 | 485.19 | 2.05 | -59.16 | -59.49 | 651.98 | 48.36 | 397.16 |
| 23Q1 (17) | 2.14 | -16.08 | -4.89 | 0.23 | -72.62 | -66.67 | 42.52 | 18.94 | 5.01 | 401.95 | 271.8 | 204.6 | 5.02 | -8.06 | 11.8 | 439.45 | 217.52 | 161.64 |
| 22Q4 (16) | 2.55 | 31.44 | 66.67 | 0.84 | -22.22 | 90.91 | 35.75 | -23.97 | -39.98 | 108.11 | 27.96 | -47.91 | 5.46 | -14.69 | -54.46 | 138.40 | 10.62 | -45.75 |
| 22Q3 (15) | 1.94 | -7.62 | 100.0 | 1.08 | 10.2 | 176.92 | 47.02 | 8.62 | -50.11 | 84.49 | -9.06 | -63.38 | 6.40 | 26.48 | -78.64 | 125.11 | -4.6 | -57.59 |
| 22Q2 (14) | 2.10 | -6.67 | 19.32 | 0.98 | 42.03 | 19.51 | 43.29 | 6.92 | -16.49 | 92.91 | -29.59 | -16.44 | 5.06 | 12.69 | -73.9 | 131.14 | -21.92 | -8.7 |
| 22Q1 (13) | 2.25 | 47.06 | 0.0 | 0.69 | 56.82 | -34.29 | 40.49 | -32.02 | 0.2 | 131.96 | -36.42 | 51.63 | 4.49 | -62.55 | -70.25 | 167.96 | -34.16 | 49.48 |
| 21Q4 (12) | 1.53 | 57.73 | -26.44 | 0.44 | 12.82 | -57.69 | 59.56 | -36.8 | 35.95 | 207.54 | -10.05 | 137.19 | 11.99 | -59.98 | -15.08 | 255.11 | -13.52 | 117.69 |
| 21Q3 (11) | 0.97 | -44.89 | -47.28 | 0.39 | -52.44 | -68.03 | 94.24 | 81.79 | 90.08 | 230.72 | 107.5 | 210.32 | 29.96 | 54.51 | 108.93 | 295.00 | 105.39 | 169.19 |
| 21Q2 (10) | 1.76 | -21.78 | 10.69 | 0.82 | -21.9 | -29.31 | 51.84 | 28.29 | -9.24 | 111.19 | 27.76 | 41.66 | 19.39 | 28.5 | 1.15 | 143.63 | 27.83 | 23.35 |
| 21Q1 (9) | 2.25 | 8.17 | 59.57 | 1.05 | 0.96 | 11.7 | 40.41 | -7.76 | -37.22 | 87.03 | -0.54 | -10.06 | 15.09 | 6.87 | -18.48 | 112.36 | -4.12 | -21.22 |
| 20Q4 (8) | 2.08 | 13.04 | 35.95 | 1.04 | -14.75 | 5.05 | 43.81 | -11.64 | -26.27 | 87.50 | 17.69 | -4.94 | 14.12 | -1.53 | 51.99 | 117.19 | 6.93 | -17.58 |
| 20Q3 (7) | 1.84 | 15.72 | 44.88 | 1.22 | 5.17 | 18.45 | 49.58 | -13.2 | -30.77 | 74.35 | -5.27 | -15.99 | 14.34 | -25.2 | 128.71 | 109.59 | -5.88 | -28.77 |
| 20Q2 (6) | 1.59 | 12.77 | -3.05 | 1.16 | 23.4 | -10.77 | 57.12 | -11.26 | 3.1 | 78.49 | -18.88 | 12.26 | 19.17 | 3.57 | 242.93 | 116.44 | -18.36 | -2.75 |
| 20Q1 (5) | 1.41 | -7.84 | -26.94 | 0.94 | -5.05 | -23.58 | 64.37 | 8.33 | 36.61 | 96.76 | 5.12 | 30.95 | 18.51 | 99.25 | 106.35 | 142.62 | 0.31 | 27.31 |
| 19Q4 (4) | 1.53 | 20.47 | 0.0 | 0.99 | -3.88 | 0.0 | 59.42 | -17.03 | 0.0 | 92.05 | 4.01 | 0.0 | 9.29 | 48.17 | 0.0 | 142.18 | -7.59 | 0.0 |
| 19Q3 (3) | 1.27 | -22.56 | 0.0 | 1.03 | -20.77 | 0.0 | 71.62 | 29.28 | 0.0 | 88.50 | 26.57 | 0.0 | 6.27 | 12.16 | 0.0 | 153.85 | 28.5 | 0.0 |
| 19Q2 (2) | 1.64 | -15.03 | 0.0 | 1.30 | 5.69 | 0.0 | 55.40 | 17.57 | 0.0 | 69.92 | -5.37 | 0.0 | 5.59 | -37.68 | 0.0 | 119.73 | 6.87 | 0.0 |
| 19Q1 (1) | 1.93 | 0.0 | 0.0 | 1.23 | 0.0 | 0.0 | 47.12 | 0.0 | 0.0 | 73.89 | 0.0 | 0.0 | 8.97 | 0.0 | 0.0 | 112.03 | 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) | 8.67 | -53.64 | 0.91 | -72.09 | 42.08 | 115.57 | 399.10 | 256.5 | 9.04 | 251.75 | 432.15 | 235.26 |
| 2022 (9) | 18.70 | 141.91 | 3.26 | 31.45 | 19.52 | -58.64 | 111.95 | -23.9 | 2.57 | -80.91 | 128.90 | -28.72 |
| 2021 (8) | 7.73 | 1.18 | 2.48 | -34.74 | 47.19 | -1.28 | 147.10 | 53.23 | 13.46 | -9.24 | 180.84 | 40.21 |
| 2020 (7) | 7.64 | 19.56 | 3.80 | -7.99 | 47.80 | -16.26 | 96.00 | 8.52 | 14.83 | 17.61 | 128.98 | -2.98 |
| 2019 (6) | 6.39 | -42.33 | 4.13 | -17.89 | 57.08 | 73.28 | 88.46 | 21.81 | 12.61 | 52.66 | 132.94 | 36.63 |
| 2018 (5) | 11.08 | 64.88 | 5.03 | 44.13 | 32.94 | -39.38 | 72.62 | -30.55 | 8.26 | -52.2 | 97.30 | -31.3 |
| 2017 (4) | 6.72 | -1.61 | 3.49 | -42.03 | 54.34 | 1.7 | 104.56 | 72.31 | 17.28 | -7.64 | 141.63 | 48.47 |
| 2016 (3) | 6.83 | -4.61 | 6.02 | 58.42 | 53.43 | 4.74 | 60.68 | -36.75 | 18.71 | 30.57 | 95.39 | -28.07 |
| 2015 (2) | 7.16 | -21.23 | 3.80 | -9.09 | 51.01 | 26.95 | 95.93 | 9.89 | 14.33 | 44.6 | 132.62 | 12.81 |
| 2014 (1) | 9.09 | 9.25 | 4.18 | -31.36 | 40.18 | -8.45 | 87.30 | 45.57 | 9.91 | -14.42 | 117.56 | 27.38 |
