- 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) | 1.98 | -10.41 | -53.74 | 0.77 | 35.09 | -39.37 | 45.95 | 11.72 | 116.34 | 117.50 | -26.34 | 64.47 | 17.82 | -1.55 | 267.42 | 145.62 | -20.23 | 65.8 |
| 23Q3 (19) | 2.21 | -45.57 | -55.44 | 0.57 | -29.63 | 39.02 | 41.13 | 83.45 | 124.26 | 159.51 | 41.28 | -27.65 | 18.10 | 108.29 | 123.46 | 182.54 | 44.15 | -20.88 |
| 23Q2 (18) | 4.06 | 41.46 | 12.78 | 0.81 | 32.79 | 55.77 | 22.42 | -29.25 | -11.28 | 112.90 | -24.71 | -35.65 | 8.69 | 32.27 | 9.03 | 126.63 | -27.67 | -34.3 |
| 23Q1 (17) | 2.87 | -32.94 | 63.07 | 0.61 | -51.97 | -44.04 | 31.69 | 49.2 | -38.63 | 149.95 | 109.9 | 79.67 | 6.57 | 35.46 | 25.62 | 175.07 | 99.33 | 34.8 |
| 22Q4 (16) | 4.28 | -13.71 | 323.76 | 1.27 | 209.76 | 45.98 | 21.24 | 15.81 | -76.31 | 71.44 | -67.6 | -31.52 | 4.85 | -40.12 | -65.23 | 87.83 | -61.93 | -51.22 |
| 22Q3 (15) | 4.96 | 37.78 | 335.09 | 0.41 | -21.15 | -67.2 | 18.34 | -27.42 | -77.04 | 220.46 | 25.66 | 201.67 | 8.10 | 1.63 | -5.92 | 230.70 | 19.69 | 59.82 |
| 22Q2 (14) | 3.60 | 104.55 | 160.87 | 0.52 | -52.29 | -68.67 | 25.27 | -51.07 | -61.77 | 175.44 | 110.21 | 220.56 | 7.97 | 52.39 | -9.12 | 192.74 | 48.41 | 72.0 |
| 22Q1 (13) | 1.76 | 74.26 | -18.52 | 1.09 | 25.29 | -46.04 | 51.64 | -42.41 | 22.81 | 83.46 | -20.0 | 84.93 | 5.23 | -62.51 | -19.04 | 129.87 | -27.87 | 60.89 |
| 21Q4 (12) | 1.01 | -11.4 | -71.87 | 0.87 | -30.4 | -55.38 | 89.67 | 12.26 | 254.29 | 104.33 | 42.76 | 123.45 | 13.95 | 62.02 | 1541.18 | 180.06 | 24.74 | 153.07 |
| 21Q3 (11) | 1.14 | -17.39 | -51.9 | 1.25 | -24.7 | -3.1 | 79.88 | 20.85 | 107.97 | 73.08 | 33.53 | 3.48 | 8.61 | -1.82 | 48.7 | 144.35 | 28.81 | 39.82 |
| 21Q2 (10) | 1.38 | -36.11 | -54.15 | 1.66 | -17.82 | -30.25 | 66.10 | 57.19 | 118.37 | 54.73 | 21.27 | 42.86 | 8.77 | 35.76 | -72.87 | 112.06 | 38.83 | 209.13 |
| 21Q1 (9) | 2.16 | -39.83 | -25.0 | 2.02 | 3.59 | -45.99 | 42.05 | 66.14 | 33.28 | 45.13 | -3.34 | 85.72 | 6.46 | 660.0 | -80.42 | 80.72 | 13.45 | 253.11 |
| 20Q4 (8) | 3.59 | 51.48 | -5.77 | 1.95 | 51.16 | -61.76 | 25.31 | -34.11 | 5.86 | 46.69 | -33.89 | 161.72 | 0.85 | -85.32 | -95.58 | 71.15 | -31.08 | 215.66 |
| 20Q3 (7) | 2.37 | -21.26 | 34.66 | 1.29 | -45.8 | -68.46 | 38.41 | 26.89 | -25.84 | 70.62 | 84.34 | 217.39 | 5.79 | -82.09 | -77.8 | 103.24 | 184.8 | 115.31 |
| 20Q2 (6) | 3.01 | 4.51 | 28.63 | 2.38 | -36.36 | -80.84 | 30.27 | -4.06 | -22.02 | 38.31 | 57.65 | 422.65 | 32.33 | -2.03 | 301.12 | 36.25 | 58.57 | -4.81 |
| 20Q1 (5) | 2.88 | -24.41 | 98.62 | 3.74 | -26.67 | -69.59 | 31.55 | 31.95 | -49.62 | 24.30 | 36.21 | 228.38 | 33.00 | 71.7 | -17.4 | 22.86 | 1.42 | -24.0 |
| 19Q4 (4) | 3.81 | 116.48 | 0.0 | 5.10 | 24.69 | 0.0 | 23.91 | -53.83 | 0.0 | 17.84 | -19.82 | 0.0 | 19.22 | -26.3 | 0.0 | 22.54 | -52.99 | 0.0 |
| 19Q3 (3) | 1.76 | -24.79 | 0.0 | 4.09 | -67.07 | 0.0 | 51.79 | 33.41 | 0.0 | 22.25 | 203.55 | 0.0 | 26.08 | 223.57 | 0.0 | 47.95 | 25.92 | 0.0 |
| 19Q2 (2) | 2.34 | 61.38 | 0.0 | 12.42 | 0.98 | 0.0 | 38.82 | -38.02 | 0.0 | 7.33 | -0.95 | 0.0 | 8.06 | -79.82 | 0.0 | 38.08 | 26.6 | 0.0 |
| 19Q1 (1) | 1.45 | 0.0 | 0.0 | 12.30 | 0.0 | 0.0 | 62.63 | 0.0 | 0.0 | 7.40 | 0.0 | 0.0 | 39.95 | 0.0 | 0.0 | 30.08 | 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) | 6.37 | -17.27 | 2.93 | -32.33 | 57.26 | 20.73 | 124.78 | 48.05 | 21.30 | 324.3 | 160.74 | 26.89 |
| 2022 (9) | 7.70 | 1.32 | 4.33 | -23.63 | 47.43 | -1.21 | 84.28 | 30.89 | 5.02 | 369.16 | 126.68 | 13.79 |
| 2021 (8) | 7.60 | -41.31 | 5.67 | -39.55 | 48.01 | 70.37 | 64.39 | 65.48 | 1.07 | -90.71 | 111.33 | 100.31 |
| 2020 (7) | 12.95 | 79.61 | 9.38 | -82.77 | 28.18 | -44.36 | 38.91 | 479.88 | 11.52 | -70.75 | 55.58 | 209.29 |
| 2019 (6) | 7.21 | 11.96 | 54.43 | 67.07 | 50.65 | -10.61 | 6.71 | -40.09 | 39.39 | -31.8 | 17.97 | 77.92 |
| 2018 (5) | 6.44 | -28.44 | 32.58 | 109.65 | 56.66 | 39.76 | 11.20 | -52.32 | 57.76 | 60.67 | 10.10 | -64.03 |
| 2017 (4) | 9.00 | -0.22 | 15.54 | 46.6 | 40.54 | 0.22 | 23.49 | -31.79 | 35.95 | 462.6 | 28.08 | -59.01 |
| 2016 (3) | 9.02 | 32.84 | 10.60 | -6.85 | 40.45 | -24.73 | 34.44 | 7.39 | 6.39 | -58.45 | 68.50 | -2.74 |
| 2015 (2) | 6.79 | 71.46 | 11.38 | 150.11 | 53.74 | -41.67 | 32.07 | -60.06 | 15.38 | -56.72 | 70.43 | -48.55 |
| 2014 (1) | 3.96 | -39.17 | 4.55 | 163.01 | 92.13 | 64.25 | 80.29 | -61.98 | 35.54 | -30.16 | 136.88 | -36.75 |
