- 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) | 3.54 | 79.7 | 126.92 | 1.88 | 42.42 | 6.21 | 25.69 | -44.36 | -56.07 | 48.32 | -29.65 | -5.88 | 11.61 | -56.89 | -47.35 | 62.40 | -29.03 | -28.91 |
| 23Q3 (19) | 1.97 | -30.39 | 62.81 | 1.32 | -42.61 | -14.29 | 46.17 | 43.83 | -38.73 | 68.69 | 73.81 | 16.56 | 26.93 | 49.61 | -25.81 | 87.93 | 63.99 | -10.26 |
| 23Q2 (18) | 2.83 | 18.91 | 82.58 | 2.30 | 6.48 | 31.43 | 32.10 | -15.9 | -45.45 | 39.52 | -6.37 | -24.16 | 18.00 | 8.37 | -48.11 | 53.62 | -15.93 | -29.69 |
| 23Q1 (17) | 2.38 | 52.56 | 37.57 | 2.16 | 22.03 | 20.67 | 38.17 | -34.73 | -27.45 | 42.21 | -17.78 | -17.01 | 16.61 | -24.67 | -43.77 | 63.78 | -27.33 | -13.73 |
| 22Q4 (16) | 1.56 | 28.93 | -26.07 | 1.77 | 14.94 | -16.11 | 58.48 | -22.39 | 35.65 | 51.34 | -12.88 | 18.87 | 22.05 | -39.26 | -8.05 | 87.77 | -10.42 | 40.86 |
| 22Q3 (15) | 1.21 | -21.94 | -31.64 | 1.54 | -12.0 | -20.21 | 75.35 | 28.06 | 46.77 | 58.93 | 13.09 | 24.75 | 36.30 | 4.64 | 59.63 | 97.98 | 28.48 | 29.18 |
| 22Q2 (14) | 1.55 | -10.4 | -30.18 | 1.75 | -2.23 | -11.62 | 58.84 | 11.84 | 43.44 | 52.11 | 2.46 | 13.41 | 34.69 | 17.43 | 83.54 | 76.26 | 3.15 | 12.03 |
| 22Q1 (13) | 1.73 | -18.01 | -32.68 | 1.79 | -15.17 | -8.67 | 52.61 | 22.04 | 48.7 | 50.86 | 17.76 | 9.38 | 29.54 | 23.19 | 53.06 | 73.93 | 18.65 | 18.16 |
| 21Q4 (12) | 2.11 | 19.21 | -42.03 | 2.11 | 9.33 | -28.72 | 43.11 | -16.03 | 72.44 | 43.19 | -8.57 | 40.41 | 23.98 | 5.45 | 73.27 | 62.31 | -17.85 | 48.64 |
| 21Q3 (11) | 1.77 | -20.27 | -28.92 | 1.93 | -2.53 | -33.45 | 51.34 | 25.16 | 40.54 | 47.24 | 2.81 | 50.78 | 22.74 | 20.32 | -8.05 | 75.85 | 11.43 | 75.9 |
| 21Q2 (10) | 2.22 | -13.62 | 76.19 | 1.98 | 1.02 | -12.78 | 41.02 | 15.94 | -43.34 | 45.95 | -1.18 | 14.56 | 18.90 | -2.07 | -63.91 | 68.07 | 8.79 | 13.17 |
| 21Q1 (9) | 2.57 | -29.4 | 176.34 | 1.96 | -33.78 | -11.31 | 35.38 | 41.52 | -64.01 | 46.50 | 51.17 | 12.86 | 19.30 | 39.45 | -76.44 | 62.57 | 49.26 | 8.61 |
| 20Q4 (8) | 3.64 | 46.18 | 120.61 | 2.96 | 2.07 | -28.33 | 25.00 | -31.56 | -54.66 | 30.76 | -1.82 | 39.63 | 13.84 | -44.04 | -68.18 | 41.92 | -2.78 | 24.54 |
| 20Q3 (7) | 2.49 | 97.62 | 120.35 | 2.90 | 27.75 | 2.11 | 36.53 | -49.54 | -54.65 | 31.33 | -21.89 | -2.4 | 24.73 | -52.78 | -59.16 | 43.12 | -28.31 | -17.22 |
| 20Q2 (6) | 1.26 | 35.48 | 26.0 | 2.27 | 2.71 | -27.01 | 72.40 | -26.36 | -20.83 | 40.11 | -2.65 | 36.89 | 52.37 | -36.06 | -31.54 | 60.15 | 4.41 | 35.93 |
| 20Q1 (5) | 0.93 | -43.64 | 2.2 | 2.21 | -46.49 | -20.79 | 98.31 | 78.29 | -2.09 | 41.20 | 87.02 | 26.46 | 81.91 | 88.3 | -8.08 | 57.61 | 71.15 | 31.29 |
| 19Q4 (4) | 1.65 | 46.02 | 0.0 | 4.13 | 45.42 | 0.0 | 55.14 | -31.55 | 0.0 | 22.03 | -31.37 | 0.0 | 43.50 | -28.17 | 0.0 | 33.66 | -35.38 | 0.0 |
| 19Q3 (3) | 1.13 | 13.0 | 0.0 | 2.84 | -8.68 | 0.0 | 80.55 | -11.92 | 0.0 | 32.10 | 9.56 | 0.0 | 60.56 | -20.84 | 0.0 | 52.09 | 17.72 | 0.0 |
| 19Q2 (2) | 1.00 | 9.89 | 0.0 | 3.11 | 11.47 | 0.0 | 91.45 | -8.92 | 0.0 | 29.30 | -10.07 | 0.0 | 76.50 | -14.15 | 0.0 | 44.25 | 0.84 | 0.0 |
| 19Q1 (1) | 0.91 | 0.0 | 0.0 | 2.79 | 0.0 | 0.0 | 100.41 | 0.0 | 0.0 | 32.58 | 0.0 | 0.0 | 89.11 | 0.0 | 0.0 | 43.88 | 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) | 15.43 | 134.5 | 10.37 | 48.78 | 23.65 | -57.38 | 35.19 | -32.78 | 9.63 | -62.44 | 49.21 | -40.14 |
| 2022 (9) | 6.58 | -34.46 | 6.97 | -25.13 | 55.49 | 52.7 | 52.35 | 33.48 | 25.64 | 30.35 | 82.21 | 47.09 |
| 2021 (8) | 10.04 | 72.81 | 9.31 | -1.69 | 36.34 | -42.19 | 39.22 | 1.74 | 19.67 | -59.97 | 55.89 | 6.93 |
| 2020 (7) | 5.81 | 38.66 | 9.47 | -29.28 | 62.86 | -27.84 | 38.55 | 41.42 | 49.14 | -31.88 | 52.27 | 23.77 |
| 2019 (6) | 4.19 | 16.07 | 13.39 | 25.73 | 87.11 | -13.95 | 27.26 | -20.43 | 72.14 | -19.13 | 42.23 | -8.77 |
| 2018 (5) | 3.61 | 0.84 | 10.65 | -11.84 | 101.23 | -0.79 | 34.26 | 13.33 | 89.20 | 0.55 | 46.29 | 6.29 |
| 2017 (4) | 3.58 | -6.77 | 12.08 | -47.91 | 102.04 | 7.31 | 30.23 | 92.06 | 88.71 | 9.76 | 43.55 | 45.07 |
| 2016 (3) | 3.84 | 27.15 | 23.19 | -66.63 | 95.09 | -21.22 | 15.74 | 199.81 | 80.82 | -22.08 | 30.02 | 34.98 |
| 2015 (2) | 3.02 | -1.63 | 69.50 | 57.38 | 120.71 | 1.49 | 5.25 | -36.44 | 103.72 | 1.01 | 22.24 | -9.34 |
| 2014 (1) | 3.07 | 41.47 | 44.16 | 47.3 | 118.94 | -29.45 | 8.26 | -32.13 | 102.68 | -32.26 | 24.53 | -15.88 |
