- 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) | 4.32 | -26.15 | -28.24 | 1.53 | 14.18 | 0.0 | 21.07 | 35.5 | 39.44 | 59.60 | -12.28 | 0.27 | 149.49 | 12.56 | 6.52 | -68.82 | -39.54 | -4.61 |
| 23Q3 (19) | 5.85 | 39.29 | 12.07 | 1.34 | 38.14 | -22.99 | 15.55 | -28.31 | -10.84 | 67.94 | -27.89 | 29.66 | 132.81 | -23.79 | -1.98 | -49.32 | 15.49 | 24.87 |
| 23Q2 (18) | 4.20 | -16.67 | -8.7 | 0.97 | -18.49 | -38.22 | 21.69 | 20.23 | 9.55 | 94.22 | 22.97 | 62.45 | 174.27 | 10.26 | 27.96 | -58.36 | 7.95 | 0.05 |
| 23Q1 (17) | 5.04 | -16.28 | 12.25 | 1.19 | -22.22 | -16.78 | 18.04 | 19.39 | -11.05 | 76.62 | 28.9 | 20.79 | 158.06 | 12.63 | 14.52 | -63.40 | 3.63 | -16.74 |
| 22Q4 (16) | 6.02 | 15.33 | 49.01 | 1.53 | -12.07 | 4.08 | 15.11 | -13.36 | -32.96 | 59.44 | 13.44 | -3.79 | 140.34 | 3.58 | 9.46 | -65.79 | -0.21 | -49.9 |
| 22Q3 (15) | 5.22 | 13.48 | 80.62 | 1.74 | 10.83 | 31.82 | 17.44 | -11.92 | -44.6 | 52.40 | -9.66 | -23.75 | 135.49 | -0.51 | 5.23 | -65.65 | -12.43 | -129.87 |
| 22Q2 (14) | 4.60 | 2.45 | 81.1 | 1.57 | 9.79 | 24.6 | 19.80 | -2.37 | -44.75 | 58.00 | -8.56 | -19.86 | 136.19 | -1.33 | 5.75 | -58.39 | -7.51 | -183.58 |
| 22Q1 (13) | 4.49 | 11.14 | 70.08 | 1.43 | -2.72 | 15.32 | 20.28 | -10.03 | -41.15 | 63.43 | 2.67 | -13.88 | 138.02 | 7.65 | 4.89 | -54.31 | -23.74 | -131.3 |
| 21Q4 (12) | 4.04 | 39.79 | 38.83 | 1.47 | 11.36 | 25.64 | 22.54 | -28.4 | -27.96 | 61.78 | -10.1 | -20.67 | 128.21 | -0.43 | 3.9 | -43.89 | -53.68 | -208.65 |
| 21Q3 (11) | 2.89 | 13.78 | 0.0 | 1.32 | 4.76 | 53.49 | 31.48 | -12.17 | 0.1 | 68.72 | -5.04 | -34.71 | 128.76 | -0.02 | -10.69 | -28.56 | -38.71 | -282.33 |
| 21Q2 (10) | 2.54 | -3.79 | -35.53 | 1.26 | 1.61 | 75.0 | 35.84 | 4.0 | 55.29 | 72.37 | -1.74 | -42.51 | 128.79 | -2.12 | -26.8 | -20.59 | 12.31 | 23.66 |
| 21Q1 (9) | 2.64 | -9.28 | -2.58 | 1.24 | 5.98 | 58.97 | 34.46 | 10.13 | 2.56 | 73.65 | -5.43 | -36.85 | 131.58 | 6.63 | -24.98 | -23.48 | -65.12 | 6.71 |
| 20Q4 (8) | 2.91 | 0.69 | -5.21 | 1.17 | 36.05 | 11.43 | 31.29 | -0.51 | 5.67 | 77.88 | -26.01 | -10.53 | 123.40 | -14.41 | -10.55 | -14.22 | -90.36 | 33.21 |
| 20Q3 (7) | 2.89 | -26.65 | -30.19 | 0.86 | 19.44 | -18.1 | 31.45 | 36.27 | 43.02 | 105.26 | -16.38 | 21.18 | 144.18 | -18.05 | -4.21 | -7.47 | 72.3 | 82.07 |
| 20Q2 (6) | 3.94 | 45.39 | 11.61 | 0.72 | -7.69 | -36.84 | 23.08 | -31.31 | -10.44 | 125.88 | 7.94 | 57.82 | 175.94 | 0.31 | 10.29 | -26.97 | -7.15 | 50.05 |
| 20Q1 (5) | 2.71 | -11.73 | 0.0 | 0.78 | -25.71 | -36.59 | 33.60 | 13.48 | -0.09 | 116.62 | 33.97 | 57.94 | 175.40 | 27.15 | 4.85 | -25.17 | -18.22 | 57.93 |
| 19Q4 (4) | 3.07 | -25.85 | 0.0 | 1.05 | 0.0 | 0.0 | 29.61 | 34.65 | 0.0 | 87.05 | 0.22 | 0.0 | 137.95 | -8.34 | 0.0 | -21.29 | 48.9 | 0.0 |
| 19Q3 (3) | 4.14 | 17.28 | 0.0 | 1.05 | -7.89 | 0.0 | 21.99 | -14.67 | 0.0 | 86.86 | 8.9 | 0.0 | 150.51 | -5.65 | 0.0 | -41.66 | 22.84 | 0.0 |
| 19Q2 (2) | 3.53 | 30.26 | 0.0 | 1.14 | -7.32 | 0.0 | 25.77 | -23.37 | 0.0 | 79.76 | 8.02 | 0.0 | 159.52 | -4.64 | 0.0 | -53.99 | 9.76 | 0.0 |
| 19Q1 (1) | 2.71 | 0.0 | 0.0 | 1.23 | 0.0 | 0.0 | 33.63 | 0.0 | 0.0 | 73.84 | 0.0 | 0.0 | 167.29 | 0.0 | 0.0 | -59.83 | 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) | 18.26 | -19.06 | 5.70 | -0.87 | 19.98 | 23.49 | 64.05 | 0.83 | 155.74 | 12.01 | -71.70 | 0 |
| 2022 (9) | 22.56 | 61.72 | 5.75 | 8.7 | 16.18 | -38.17 | 63.52 | -7.88 | 139.04 | 0.7 | -59.34 | 0 |
| 2021 (8) | 13.95 | 61.46 | 5.29 | 39.58 | 26.17 | -38.09 | 68.95 | -28.48 | 138.08 | -13.14 | -42.97 | 0 |
| 2020 (7) | 8.64 | -17.24 | 3.79 | -19.02 | 42.27 | 20.94 | 96.40 | 23.57 | 158.97 | 4.58 | -20.30 | 0 |
| 2019 (6) | 10.44 | -28.88 | 4.68 | -5.45 | 34.95 | 40.53 | 78.01 | 5.82 | 152.01 | 18.65 | -39.04 | 0 |
| 2018 (5) | 14.68 | -20.17 | 4.95 | 21.62 | 24.87 | 25.29 | 73.72 | -17.81 | 128.12 | 23.17 | -29.53 | 0 |
| 2017 (4) | 18.39 | 33.94 | 4.07 | 21.49 | 19.85 | -25.35 | 89.70 | -17.6 | 104.02 | -16.22 | 5.53 | -50.98 |
| 2016 (3) | 13.73 | 18.87 | 3.35 | -11.38 | 26.59 | -15.85 | 108.86 | 12.8 | 124.16 | 19.36 | 11.28 | -53.18 |
| 2015 (2) | 11.55 | 22.87 | 3.78 | 19.24 | 31.60 | -18.64 | 96.51 | -16.24 | 104.02 | 5.19 | 24.09 | -56.33 |
| 2014 (1) | 9.40 | 7.55 | 3.17 | 6.38 | 38.84 | -6.95 | 115.22 | -5.82 | 98.89 | 27.19 | 55.17 | -36.09 |
