- 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) | 1.77 | 9.94 | 12.74 | 2.52 | 61.54 | -10.0 | 51.35 | -9.08 | -11.54 | 36.15 | -38.01 | 11.27 | 82.25 | -24.12 | -3.35 | 5.26 | -17.81 | -3.31 |
| 23Q3 (19) | 1.61 | 0.63 | -4.73 | 1.56 | -8.77 | -25.36 | 56.48 | -0.79 | 4.69 | 58.32 | 9.5 | 34.01 | 108.40 | -1.05 | 8.31 | 6.40 | 900.0 | 345.21 |
| 23Q2 (18) | 1.60 | 48.15 | -15.34 | 1.71 | -5.0 | -22.27 | 56.93 | -32.62 | 17.94 | 53.26 | 5.55 | 28.55 | 109.55 | -17.28 | 7.0 | 0.64 | -74.6 | 105.05 |
| 23Q1 (17) | 1.08 | -31.21 | -3.57 | 1.80 | -35.71 | -32.33 | 84.49 | 45.55 | 3.72 | 50.46 | 55.31 | 47.24 | 132.43 | 55.62 | 13.94 | 2.52 | -53.68 | 604.0 |
| 22Q4 (16) | 1.57 | -7.1 | 6.08 | 2.80 | 33.97 | -11.95 | 58.05 | 7.6 | -5.56 | 32.49 | -25.34 | 13.52 | 85.10 | -14.97 | 11.23 | 5.44 | 308.43 | -59.94 |
| 22Q3 (15) | 1.69 | -10.58 | 3.68 | 2.09 | -5.0 | 29.81 | 53.95 | 11.77 | -3.44 | 43.52 | 5.04 | -22.84 | 100.08 | -2.25 | 4.52 | -2.61 | 79.4 | -115.8 |
| 22Q2 (14) | 1.89 | 68.75 | -7.35 | 2.20 | -17.29 | 46.67 | 48.27 | -40.74 | 7.96 | 41.43 | 20.89 | -31.87 | 102.38 | -11.92 | 7.23 | -12.67 | -2434.0 | -226.07 |
| 22Q1 (13) | 1.12 | -24.32 | -21.68 | 2.66 | -16.35 | 68.35 | 81.46 | 32.52 | 27.66 | 34.27 | 19.74 | -40.68 | 116.23 | 51.91 | -6.29 | -0.50 | -103.68 | 79.59 |
| 21Q4 (12) | 1.48 | -9.2 | -27.45 | 3.18 | 97.52 | 27.71 | 61.47 | 10.02 | 37.49 | 28.62 | -49.26 | -21.82 | 76.51 | -20.09 | -3.64 | 13.58 | -17.8 | 607.29 |
| 21Q3 (11) | 1.63 | -20.1 | -20.1 | 1.61 | 7.33 | -4.17 | 55.87 | 24.96 | 25.07 | 56.40 | -7.25 | 3.96 | 95.75 | 0.28 | 14.81 | 16.52 | 64.38 | 6.44 |
| 21Q2 (10) | 2.04 | 42.66 | 7.94 | 1.50 | -5.06 | 0.0 | 44.71 | -29.93 | -7.13 | 60.81 | 5.26 | 0.16 | 95.48 | -23.02 | 7.81 | 10.05 | 510.2 | -50.47 |
| 21Q1 (9) | 1.43 | -29.9 | 34.91 | 1.58 | -36.55 | 6.76 | 63.81 | 42.72 | -25.43 | 57.77 | 57.8 | -6.32 | 124.03 | 56.21 | -7.34 | -2.45 | -227.6 | -118.31 |
| 20Q4 (8) | 2.04 | 0.0 | 2.51 | 2.49 | 48.21 | -18.36 | 44.71 | 0.09 | -2.04 | 36.61 | -32.52 | 22.52 | 79.40 | -4.8 | 30.89 | 1.92 | -87.63 | -87.08 |
| 20Q3 (7) | 2.04 | 7.94 | 21.43 | 1.68 | 12.0 | -6.15 | 44.67 | -7.21 | -17.4 | 54.25 | -10.64 | 6.73 | 83.40 | -5.83 | -1.06 | 15.52 | -23.51 | -24.7 |
| 20Q2 (6) | 1.89 | 78.3 | -11.68 | 1.50 | 1.35 | -23.86 | 48.14 | -43.74 | 13.38 | 60.71 | -1.56 | 31.41 | 88.56 | -33.84 | 10.18 | 20.29 | 51.64 | 145.05 |
| 20Q1 (5) | 1.06 | -46.73 | -14.52 | 1.48 | -51.48 | 12.98 | 85.57 | 87.49 | 16.47 | 61.67 | 106.39 | -11.55 | 133.86 | 120.67 | 0.82 | 13.38 | -9.96 | 28.41 |
| 19Q4 (4) | 1.99 | 18.45 | 0.0 | 3.05 | 70.39 | 0.0 | 45.64 | -15.61 | 0.0 | 29.88 | -41.22 | 0.0 | 60.66 | -28.03 | 0.0 | 14.86 | -27.9 | 0.0 |
| 19Q3 (3) | 1.68 | -21.5 | 0.0 | 1.79 | -9.14 | 0.0 | 54.08 | 27.37 | 0.0 | 50.83 | 10.02 | 0.0 | 84.29 | 4.86 | 0.0 | 20.61 | 148.91 | 0.0 |
| 19Q2 (2) | 2.14 | 72.58 | 0.0 | 1.97 | 50.38 | 0.0 | 42.46 | -42.21 | 0.0 | 46.20 | -33.73 | 0.0 | 80.38 | -39.46 | 0.0 | 8.28 | -20.54 | 0.0 |
| 19Q1 (1) | 1.24 | 0.0 | 0.0 | 1.31 | 0.0 | 0.0 | 73.47 | 0.0 | 0.0 | 69.72 | 0.0 | 0.0 | 132.77 | 0.0 | 0.0 | 10.42 | 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) | 4.36 | 12.66 | 10.18 | -14.24 | 83.75 | -11.1 | 35.84 | 16.59 | 110.89 | -1.53 | 8.70 | -29.5 |
| 2022 (9) | 3.87 | -10.42 | 11.87 | 14.02 | 94.21 | 11.54 | 30.74 | -12.3 | 112.61 | -3.3 | 12.34 | 303.27 |
| 2021 (8) | 4.32 | -10.74 | 10.41 | 16.31 | 84.46 | 12.08 | 35.05 | -14.03 | 116.45 | -0.17 | 3.06 | 0 |
| 2020 (7) | 4.84 | -12.16 | 8.95 | -26.03 | 75.36 | 13.75 | 40.77 | 35.18 | 116.65 | 32.53 | -0.51 | 0 |
| 2019 (6) | 5.51 | 35.71 | 12.10 | 14.69 | 66.25 | -26.32 | 30.16 | -12.81 | 88.02 | -10.09 | 8.38 | -68.51 |
| 2018 (5) | 4.06 | 12.47 | 10.55 | -11.05 | 89.92 | -11.04 | 34.59 | 12.38 | 97.90 | 3.93 | 26.61 | -29.34 |
| 2017 (4) | 3.61 | 11.42 | 11.86 | 14.37 | 101.08 | -10.36 | 30.78 | -12.53 | 94.20 | -19.54 | 37.66 | 21.96 |
| 2016 (3) | 3.24 | 9.46 | 10.37 | 15.74 | 112.76 | -8.66 | 35.19 | -13.58 | 117.07 | -9.91 | 30.88 | -9.76 |
| 2015 (2) | 2.96 | -4.82 | 8.96 | -8.94 | 123.45 | 5.18 | 40.72 | 9.79 | 129.95 | 18.24 | 34.22 | -23.2 |
| 2014 (1) | 3.11 | -7.99 | 9.84 | 10.81 | 117.37 | 8.55 | 37.09 | -9.73 | 109.90 | 13.3 | 44.56 | -14.65 |
