- 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) | 2.03 | 50.37 | 14.69 | 1.81 | 11.04 | -31.44 | 44.76 | -33.46 | -13.17 | 50.20 | -10.28 | 45.85 | 80.57 | -21.83 | 18.22 | 14.39 | -28.59 | -19.29 |
| 23Q3 (19) | 1.35 | -47.88 | -12.9 | 1.63 | -46.03 | -34.54 | 67.27 | 91.71 | 14.21 | 55.95 | 85.82 | 52.87 | 103.07 | 71.04 | 58.3 | 20.15 | 307.89 | -33.7 |
| 23Q2 (18) | 2.59 | 67.1 | 63.92 | 3.02 | 73.56 | 3.07 | 35.09 | -40.41 | -39.08 | 30.11 | -42.43 | -2.93 | 60.26 | -37.2 | -5.99 | 4.94 | -67.56 | -79.85 |
| 23Q1 (17) | 1.55 | -12.43 | -6.63 | 1.74 | -34.09 | -52.85 | 58.89 | 14.24 | 7.62 | 52.30 | 51.95 | 112.34 | 95.96 | 40.81 | 57.03 | 15.23 | -14.58 | -16.5 |
| 22Q4 (16) | 1.77 | 14.19 | 26.43 | 2.64 | 6.02 | -22.12 | 51.55 | -12.48 | -20.75 | 34.42 | -5.96 | 28.05 | 68.15 | 4.67 | 22.18 | 17.83 | -41.33 | -50.68 |
| 22Q3 (15) | 1.55 | -1.9 | 55.0 | 2.49 | -15.02 | -6.39 | 58.90 | 2.26 | -35.31 | 36.60 | 17.99 | 6.89 | 65.11 | 1.58 | 13.49 | 30.39 | 23.94 | -55.26 |
| 22Q2 (14) | 1.58 | -4.82 | 42.34 | 2.93 | -20.6 | 42.23 | 57.60 | 5.26 | -29.92 | 31.02 | 25.94 | -29.91 | 64.10 | 4.89 | 16.29 | 24.52 | 34.43 | -65.62 |
| 22Q1 (13) | 1.66 | 18.57 | 36.07 | 3.69 | 8.85 | 117.06 | 54.72 | -15.88 | -26.91 | 24.63 | -8.37 | -54.01 | 61.11 | 9.56 | 3.61 | 18.24 | -49.54 | -73.74 |
| 21Q4 (12) | 1.40 | 40.0 | 11.11 | 3.39 | 27.44 | 82.26 | 65.05 | -28.56 | -9.72 | 26.88 | -21.5 | -45.08 | 55.78 | -2.77 | -13.39 | 36.15 | -46.78 | -36.13 |
| 21Q3 (11) | 1.00 | -9.91 | -60.16 | 2.66 | 29.13 | -11.63 | 91.05 | 10.78 | 150.9 | 34.24 | -22.64 | 13.12 | 57.37 | 4.08 | 37.81 | 67.92 | -4.78 | 172.44 |
| 21Q2 (10) | 1.11 | -9.02 | -37.29 | 2.06 | 21.18 | 12.57 | 82.19 | 9.78 | 59.9 | 44.26 | -17.35 | -11.04 | 55.12 | -6.54 | -3.08 | 71.33 | 2.71 | 61.05 |
| 21Q1 (9) | 1.22 | -3.17 | 0.83 | 1.70 | -8.6 | -15.0 | 74.87 | 3.91 | -0.16 | 53.55 | 9.42 | 17.64 | 58.98 | -8.42 | -17.35 | 69.45 | 22.7 | 41.3 |
| 20Q4 (8) | 1.26 | -49.8 | -13.1 | 1.86 | -38.21 | -43.12 | 72.05 | 98.54 | 15.13 | 48.94 | 61.68 | 76.04 | 64.40 | 54.7 | 12.35 | 56.60 | 127.04 | 71.2 |
| 20Q3 (7) | 2.51 | 41.81 | 47.65 | 3.01 | 64.48 | -4.75 | 36.29 | -29.4 | -32.1 | 30.27 | -39.16 | 4.96 | 41.63 | -26.8 | -23.99 | 24.93 | -43.71 | -9.41 |
| 20Q2 (6) | 1.77 | 46.28 | -1.12 | 1.83 | -8.5 | -27.95 | 51.40 | -31.46 | 1.28 | 49.75 | 9.29 | 38.62 | 56.87 | -20.31 | -9.66 | 44.29 | -9.89 | 86.96 |
| 20Q1 (5) | 1.21 | -16.55 | -15.38 | 2.00 | -38.84 | -25.65 | 74.99 | 19.83 | 17.95 | 45.52 | 63.74 | 34.67 | 71.36 | 24.49 | -4.15 | 49.15 | 48.67 | 114.35 |
| 19Q4 (4) | 1.45 | -14.71 | 0.0 | 3.27 | 3.48 | 0.0 | 62.58 | 17.08 | 0.0 | 27.80 | -3.61 | 0.0 | 57.32 | 4.66 | 0.0 | 33.06 | 20.13 | 0.0 |
| 19Q3 (3) | 1.70 | -5.03 | 0.0 | 3.16 | 24.41 | 0.0 | 53.45 | 5.32 | 0.0 | 28.84 | -19.64 | 0.0 | 54.77 | -12.99 | 0.0 | 27.52 | 16.17 | 0.0 |
| 19Q2 (2) | 1.79 | 25.17 | 0.0 | 2.54 | -5.58 | 0.0 | 50.75 | -20.18 | 0.0 | 35.89 | 6.18 | 0.0 | 62.95 | -15.45 | 0.0 | 23.69 | 3.31 | 0.0 |
| 19Q1 (1) | 1.43 | 0.0 | 0.0 | 2.69 | 0.0 | 0.0 | 63.58 | 0.0 | 0.0 | 33.80 | 0.0 | 0.0 | 74.45 | 0.0 | 0.0 | 22.93 | 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) | 8.55 | 31.94 | 9.93 | -17.66 | 42.69 | -24.23 | 36.75 | 21.41 | 74.06 | 8.82 | 5.38 | -70.98 |
| 2022 (9) | 6.48 | 22.26 | 12.06 | 31.95 | 56.34 | -18.12 | 30.27 | -24.23 | 68.06 | 11.67 | 18.54 | -61.22 |
| 2021 (8) | 5.30 | 31.19 | 9.14 | 25.9 | 68.81 | -23.78 | 39.95 | -20.58 | 60.95 | -21.24 | 47.81 | -24.35 |
| 2020 (7) | 4.04 | -16.36 | 7.26 | -35.06 | 90.28 | 19.58 | 50.30 | 54.06 | 77.39 | 7.55 | 63.20 | 74.68 |
| 2019 (6) | 4.83 | 10.27 | 11.18 | -10.77 | 75.50 | -9.36 | 32.65 | 12.12 | 71.96 | 0.31 | 36.18 | -11.06 |
| 2018 (5) | 4.38 | 45.03 | 12.53 | 7.74 | 83.30 | -31.11 | 29.12 | -7.17 | 71.74 | -9.05 | 40.68 | -44.58 |
| 2017 (4) | 3.02 | -7.08 | 11.63 | -4.67 | 120.91 | 7.55 | 31.37 | 4.85 | 78.88 | 20.57 | 73.40 | -4.58 |
| 2016 (3) | 3.25 | -11.2 | 12.20 | 30.2 | 112.42 | 12.66 | 29.92 | -23.2 | 65.42 | 24.56 | 76.92 | -10.81 |
| 2015 (2) | 3.66 | -1.08 | 9.37 | 32.72 | 99.79 | 1.11 | 38.96 | -24.61 | 52.52 | 4.6 | 86.24 | -13.9 |
| 2014 (1) | 3.70 | 6.32 | 7.06 | 18.86 | 98.69 | -5.92 | 51.68 | -15.83 | 50.21 | -29.94 | 100.16 | 5.84 |
