- 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) | 2.37 | 3.04 | -12.55 | 12.63 | 11.67 | 19.38 | 38.33 | -2.94 | 14.28 | 7.21 | -10.43 | -16.16 | 62.28 | 7.64 | 38.92 | -16.74 | -62.21 | -522.3 |
| 23Q3 (19) | 2.30 | -8.73 | -12.21 | 11.31 | 4.63 | 8.02 | 39.49 | 9.27 | 13.54 | 8.05 | -4.39 | -7.36 | 57.86 | 24.27 | 42.79 | -10.32 | -416.0 | -451.02 |
| 23Q2 (18) | 2.52 | -0.4 | 2.86 | 10.81 | 2.17 | 2.76 | 36.14 | 0.64 | -2.9 | 8.42 | -2.09 | -2.66 | 46.56 | 1.62 | 2.22 | -2.00 | -52.67 | -745.16 |
| 23Q1 (17) | 2.53 | -6.64 | -0.39 | 10.58 | 0.0 | -10.26 | 35.91 | 7.07 | 0.22 | 8.60 | 0.0 | 11.4 | 45.82 | 2.21 | 6.98 | -1.31 | 51.3 | -281.94 |
| 22Q4 (16) | 2.71 | 3.44 | -3.56 | 10.58 | 1.05 | -4.08 | 33.54 | -3.57 | 3.45 | 8.60 | -1.04 | 4.24 | 44.83 | 10.64 | 19.1 | -2.69 | -191.5 | -189.07 |
| 22Q3 (15) | 2.62 | 6.94 | 4.38 | 10.47 | -0.48 | 30.22 | 34.78 | -6.56 | -4.24 | 8.69 | 0.46 | -23.17 | 40.52 | -11.04 | -11.97 | 2.94 | 848.39 | 83.75 |
| 22Q2 (14) | 2.45 | -3.54 | -2.78 | 10.52 | -10.77 | 25.09 | 37.22 | 3.88 | 3.07 | 8.65 | 12.05 | -20.06 | 45.55 | 6.35 | -7.77 | 0.31 | -56.94 | 112.55 |
| 22Q1 (13) | 2.54 | -9.61 | 3.25 | 11.79 | 6.89 | 23.58 | 35.83 | 10.52 | -3.21 | 7.72 | -6.42 | -19.08 | 42.83 | 13.79 | -22.81 | 0.72 | -76.16 | 108.06 |
| 21Q4 (12) | 2.81 | 11.95 | 16.12 | 11.03 | 37.19 | -2.73 | 32.42 | -10.74 | -13.85 | 8.25 | -27.06 | 2.87 | 37.64 | -18.23 | -34.63 | 3.02 | 88.75 | 125.31 |
| 21Q3 (11) | 2.51 | -0.4 | 4.58 | 8.04 | -4.4 | -20.87 | 36.32 | 0.58 | -4.07 | 11.31 | 4.53 | 26.37 | 46.03 | -6.8 | -23.07 | 1.60 | 164.78 | 112.29 |
| 21Q2 (10) | 2.52 | 2.44 | 12.5 | 8.41 | -11.84 | -15.73 | 36.11 | -2.46 | -10.99 | 10.82 | 13.42 | 18.64 | 49.39 | -10.99 | -16.33 | -2.47 | 72.34 | 73.55 |
| 21Q1 (9) | 2.46 | 1.65 | 23.0 | 9.54 | -15.87 | -27.06 | 37.02 | -1.62 | -18.58 | 9.54 | 18.95 | 37.07 | 55.49 | -3.63 | 8.89 | -8.93 | 25.15 | -707.48 |
| 20Q4 (8) | 2.42 | 0.83 | 37.5 | 11.34 | 11.61 | -22.22 | 37.63 | -0.61 | -27.31 | 8.02 | -10.39 | 28.53 | 57.58 | -3.76 | 42.21 | -11.93 | 8.37 | -168.09 |
| 20Q3 (7) | 2.40 | 7.14 | 50.94 | 10.16 | 1.8 | -11.27 | 37.86 | -6.68 | -33.79 | 8.95 | -1.86 | 12.58 | 59.83 | 1.36 | 36.94 | -13.02 | -39.4 | -160.73 |
| 20Q2 (6) | 2.24 | 12.0 | 44.52 | 9.98 | -23.7 | 17.83 | 40.57 | -10.78 | -30.9 | 9.12 | 31.03 | -15.08 | 59.03 | 15.84 | 46.95 | -9.34 | -735.37 | -131.9 |
| 20Q1 (5) | 2.00 | 13.64 | 42.86 | 13.08 | -10.29 | 80.91 | 45.47 | -12.17 | -29.96 | 6.96 | 11.54 | -44.67 | 50.96 | 25.86 | 43.11 | 1.47 | -91.61 | -96.49 |
| 19Q4 (4) | 1.76 | 10.69 | 0.0 | 14.58 | 27.34 | 0.0 | 51.77 | -9.46 | 0.0 | 6.24 | -21.51 | 0.0 | 40.49 | -7.32 | 0.0 | 17.52 | -18.28 | 0.0 |
| 19Q3 (3) | 1.59 | 2.58 | 0.0 | 11.45 | 35.18 | 0.0 | 57.18 | -2.61 | 0.0 | 7.95 | -25.98 | 0.0 | 43.69 | 8.76 | 0.0 | 21.44 | -26.78 | 0.0 |
| 19Q2 (2) | 1.55 | 10.71 | 0.0 | 8.47 | 17.15 | 0.0 | 58.71 | -9.57 | 0.0 | 10.74 | -14.63 | 0.0 | 40.17 | 12.81 | 0.0 | 29.28 | -30.1 | 0.0 |
| 19Q1 (1) | 1.40 | 0.0 | 0.0 | 7.23 | 0.0 | 0.0 | 64.92 | 0.0 | 0.0 | 12.58 | 0.0 | 0.0 | 35.61 | 0.0 | 0.0 | 41.89 | 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) | 9.56 | -3.63 | 48.05 | 7.98 | 38.19 | 3.81 | 7.60 | -7.32 | 55.23 | 25.41 | -9.45 | 0 |
| 2022 (9) | 9.92 | 11.84 | 44.50 | 3.32 | 36.79 | -10.55 | 8.20 | -3.3 | 44.04 | -9.86 | 0.95 | 28.38 |
| 2021 (8) | 8.87 | 10.19 | 43.07 | -7.77 | 41.13 | -9.31 | 8.48 | 8.44 | 48.86 | -8.14 | 0.74 | 0 |
| 2020 (7) | 8.05 | 27.78 | 46.70 | 10.64 | 45.35 | -21.76 | 7.82 | -9.6 | 53.19 | 35.38 | -0.02 | 0 |
| 2019 (6) | 6.30 | 20.23 | 42.21 | 28.49 | 57.96 | -16.8 | 8.65 | -22.14 | 39.29 | 46.44 | 27.32 | -49.35 |
| 2018 (5) | 5.24 | 21.3 | 32.85 | 75.57 | 69.66 | -17.45 | 11.11 | -43.05 | 26.83 | 29.3 | 53.94 | -35.13 |
| 2017 (4) | 4.32 | 1.89 | 18.71 | 31.21 | 84.39 | -1.85 | 19.51 | -23.76 | 20.75 | 26.83 | 83.15 | -12.67 |
| 2016 (3) | 4.24 | -8.62 | 14.26 | -8.77 | 85.98 | 9.21 | 25.59 | 9.55 | 16.36 | -12.42 | 95.21 | 14.15 |
| 2015 (2) | 4.64 | -16.09 | 15.63 | -33.23 | 78.73 | 19.2 | 23.36 | 49.84 | 18.68 | -27.96 | 83.41 | 49.69 |
| 2014 (1) | 5.53 | -10.23 | 23.41 | -0.64 | 66.05 | 11.38 | 15.59 | 0.65 | 25.93 | -35.03 | 55.72 | 59.75 |
