- 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) | 0.37 | -61.46 | -51.32 | 0.84 | -69.23 | -53.59 | 246.69 | 161.46 | 106.8 | 108.92 | 226.99 | 116.41 | 38.39 | 205.65 | 149.61 | 317.22 | 175.63 | 105.67 |
| 23Q3 (19) | 0.96 | 0.0 | -6.8 | 2.73 | 35.82 | 3.8 | 94.35 | -0.15 | 6.89 | 33.31 | -26.32 | -3.84 | 12.56 | 24.36 | -3.16 | 115.09 | -11.2 | 4.68 |
| 23Q2 (18) | 0.96 | 24.68 | 23.08 | 2.01 | 21.82 | 8.06 | 94.49 | -19.75 | -18.77 | 45.21 | -18.13 | -7.39 | 10.10 | 2.43 | -24.23 | 129.61 | -20.54 | -14.62 |
| 23Q1 (17) | 0.77 | 1.32 | 5.48 | 1.65 | -8.84 | -7.3 | 117.74 | -1.3 | -5.21 | 55.22 | 9.72 | 7.75 | 9.86 | -35.89 | -19.84 | 163.11 | 5.75 | -0.03 |
| 22Q4 (16) | 0.76 | -26.21 | 1.33 | 1.81 | -31.18 | -4.23 | 119.29 | 35.14 | -1.71 | 50.33 | 45.29 | 4.77 | 15.38 | 18.58 | -40.66 | 154.24 | 40.29 | 7.5 |
| 22Q3 (15) | 1.03 | 32.05 | 6.19 | 2.63 | 41.4 | -13.77 | 88.27 | -24.11 | -5.43 | 34.64 | -29.05 | 16.28 | 12.97 | -2.7 | -43.04 | 109.94 | -27.58 | 9.55 |
| 22Q2 (14) | 0.78 | 6.85 | -10.34 | 1.86 | 4.49 | -19.13 | 116.32 | -6.35 | 11.1 | 48.82 | -4.74 | 23.47 | 13.33 | 8.37 | -53.33 | 151.81 | -6.96 | 31.24 |
| 22Q1 (13) | 0.73 | -2.67 | -17.05 | 1.78 | -5.82 | -22.61 | 124.21 | 2.35 | 19.78 | 51.25 | 6.68 | 29.65 | 12.30 | -52.55 | -49.38 | 163.16 | 13.72 | 37.19 |
| 21Q4 (12) | 0.75 | -22.68 | -5.06 | 1.89 | -38.03 | -21.9 | 121.36 | 30.02 | 5.25 | 48.04 | 61.26 | 27.8 | 25.92 | 13.83 | 25.34 | 143.48 | 42.97 | 8.52 |
| 21Q3 (11) | 0.97 | 11.49 | 27.63 | 3.05 | 32.61 | 19.61 | 93.34 | -10.85 | -21.93 | 29.79 | -24.66 | -16.55 | 22.77 | -20.27 | -25.15 | 100.36 | -13.24 | -19.6 |
| 21Q2 (10) | 0.87 | -1.14 | 7.41 | 2.30 | 0.0 | -22.56 | 104.70 | 0.96 | -6.67 | 39.54 | 0.03 | 29.22 | 28.56 | 17.53 | -25.39 | 115.67 | -2.74 | 10.69 |
| 21Q1 (9) | 0.88 | 11.39 | -6.38 | 2.30 | -4.96 | -27.9 | 103.70 | -10.07 | 7.47 | 39.53 | 5.16 | 38.75 | 24.30 | 17.5 | -2.45 | 118.93 | -10.04 | 18.85 |
| 20Q4 (8) | 0.79 | 3.95 | -27.52 | 2.42 | -5.1 | -15.09 | 115.31 | -3.55 | 38.01 | 37.59 | 5.29 | 17.91 | 20.68 | -32.02 | 47.61 | 132.21 | 5.91 | 30.36 |
| 20Q3 (7) | 0.76 | -6.17 | -15.56 | 2.55 | -14.14 | 2.82 | 119.56 | 6.58 | 18.69 | 35.70 | 16.67 | -2.88 | 30.42 | -20.53 | 79.89 | 124.83 | 19.45 | 3.52 |
| 20Q2 (6) | 0.81 | -13.83 | -11.96 | 2.97 | -6.9 | 3.48 | 112.18 | 16.26 | 12.89 | 30.60 | 7.41 | -3.53 | 38.28 | 53.67 | 152.51 | 104.50 | 4.43 | -9.86 |
| 20Q1 (5) | 0.94 | -13.76 | 1.08 | 3.19 | 11.93 | 8.87 | 96.49 | 15.49 | -1.34 | 28.49 | -10.63 | -8.22 | 24.91 | 77.8 | 50.51 | 100.07 | -1.33 | -10.89 |
| 19Q4 (4) | 1.09 | 21.11 | 0.0 | 2.85 | 14.92 | 0.0 | 83.55 | -17.06 | 0.0 | 31.88 | -13.28 | 0.0 | 14.01 | -17.15 | 0.0 | 101.42 | -15.89 | 0.0 |
| 19Q3 (3) | 0.90 | -2.17 | 0.0 | 2.48 | -13.59 | 0.0 | 100.73 | 1.37 | 0.0 | 36.76 | 15.89 | 0.0 | 16.91 | 11.54 | 0.0 | 120.58 | 4.01 | 0.0 |
| 19Q2 (2) | 0.92 | -1.08 | 0.0 | 2.87 | -2.05 | 0.0 | 99.37 | 1.61 | 0.0 | 31.72 | 2.19 | 0.0 | 15.16 | -8.4 | 0.0 | 115.93 | 3.23 | 0.0 |
| 19Q1 (1) | 0.93 | 0.0 | 0.0 | 2.93 | 0.0 | 0.0 | 97.80 | 0.0 | 0.0 | 31.04 | 0.0 | 0.0 | 16.55 | 0.0 | 0.0 | 112.30 | 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) | 2.36 | -27.61 | 3.77 | -58.48 | 154.72 | 38.34 | 96.74 | 140.65 | 28.38 | 165.23 | 223.08 | 57.84 |
| 2022 (9) | 3.26 | -12.13 | 9.08 | -7.35 | 111.84 | 13.8 | 40.20 | 7.98 | 10.70 | -29.61 | 141.33 | 17.47 |
| 2021 (8) | 3.71 | 7.85 | 9.80 | -0.71 | 98.28 | -7.51 | 37.23 | 0.62 | 15.20 | -8.43 | 120.31 | -5.01 |
| 2020 (7) | 3.44 | -11.11 | 9.87 | -12.27 | 106.26 | 12.6 | 37.00 | 13.99 | 16.60 | 9.64 | 126.65 | 13.4 |
| 2019 (6) | 3.87 | 11.53 | 11.25 | -0.79 | 94.37 | -10.24 | 32.46 | 0.87 | 15.14 | -3.93 | 111.68 | -8.13 |
| 2018 (5) | 3.47 | 14.14 | 11.34 | 3.18 | 105.14 | -12.46 | 32.18 | -3.07 | 15.76 | -2.11 | 121.56 | -11.41 |
| 2017 (4) | 3.04 | 34.51 | 10.99 | -1.7 | 120.11 | -25.5 | 33.20 | 1.68 | 16.10 | -1.77 | 137.21 | -22.69 |
| 2016 (3) | 2.26 | -35.06 | 11.18 | -24.92 | 161.23 | 53.52 | 32.65 | 33.16 | 16.39 | 19.64 | 177.49 | 53.23 |
| 2015 (2) | 3.48 | -23.68 | 14.89 | 72.14 | 105.02 | 31.32 | 24.52 | -41.87 | 13.70 | -55.78 | 115.83 | 27.05 |
| 2014 (1) | 4.56 | -21.38 | 8.65 | 385.96 | 79.97 | 26.98 | 42.18 | -79.48 | 30.98 | -82.19 | 91.17 | -3.66 |
