- 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) | 2.97 | -13.41 | -7.48 | 9.28 | 4.5 | 16.44 | 30.59 | 15.17 | 8.09 | 9.81 | -4.29 | -14.02 | 38.19 | 32.88 | 26.75 | 2.21 | -72.61 | -76.96 |
| 23Q3 (19) | 3.43 | -5.77 | -14.04 | 8.88 | 15.18 | -8.74 | 26.56 | 6.33 | 16.34 | 10.25 | -13.21 | 9.51 | 28.74 | 47.01 | 72.61 | 8.07 | -53.19 | -48.04 |
| 23Q2 (18) | 3.64 | 3.41 | 20.53 | 7.71 | 8.13 | 2.66 | 24.98 | -3.44 | -17.01 | 11.81 | -7.45 | -2.56 | 19.55 | -35.2 | -10.61 | 17.24 | 103.54 | -15.28 |
| 23Q1 (17) | 3.52 | 9.66 | 11.75 | 7.13 | -10.54 | -18.98 | 25.87 | -8.59 | -10.3 | 12.76 | 11.83 | 23.4 | 30.17 | 0.13 | -8.82 | 8.47 | -11.68 | 38.85 |
| 22Q4 (16) | 3.21 | -19.55 | -13.71 | 7.97 | -18.09 | -25.65 | 28.30 | 23.96 | 15.56 | 11.41 | 21.9 | 34.39 | 30.13 | 80.96 | -0.92 | 9.59 | -38.25 | 273.15 |
| 22Q3 (15) | 3.99 | 32.12 | -8.06 | 9.73 | 29.56 | 4.62 | 22.83 | -24.15 | 8.82 | 9.36 | -22.77 | -4.39 | 16.65 | -23.87 | -0.24 | 15.53 | -23.69 | 10.38 |
| 22Q2 (14) | 3.02 | -4.13 | -12.97 | 7.51 | -14.66 | -5.42 | 30.10 | 4.37 | 14.93 | 12.12 | 17.21 | 5.76 | 21.87 | -33.91 | 15.65 | 20.35 | 233.61 | 8.59 |
| 22Q1 (13) | 3.15 | -15.32 | -11.02 | 8.80 | -17.91 | -13.89 | 28.84 | 17.76 | 12.26 | 10.34 | 21.79 | 16.05 | 33.09 | 8.81 | 62.21 | 6.10 | 137.35 | -57.04 |
| 21Q4 (12) | 3.72 | -14.29 | 1.36 | 10.72 | 15.27 | 2.88 | 24.49 | 16.73 | -1.33 | 8.49 | -13.28 | -2.75 | 30.41 | 82.2 | 43.58 | 2.57 | -81.73 | -79.24 |
| 21Q3 (11) | 4.34 | 25.07 | 7.96 | 9.30 | 17.13 | -25.78 | 20.98 | -19.89 | -7.37 | 9.79 | -14.57 | 34.85 | 16.69 | -11.74 | -15.54 | 14.07 | -24.92 | 38.62 |
| 21Q2 (10) | 3.47 | -1.98 | -3.88 | 7.94 | -22.31 | -35.81 | 26.19 | 1.95 | 4.05 | 11.46 | 28.62 | 55.71 | 18.91 | -7.3 | -2.73 | 18.74 | 31.97 | 43.16 |
| 21Q1 (9) | 3.54 | -3.54 | -3.8 | 10.22 | -1.92 | -16.91 | 25.69 | 3.51 | 3.92 | 8.91 | 2.06 | 20.41 | 20.40 | -3.68 | 11.29 | 14.20 | 14.7 | 2.97 |
| 20Q4 (8) | 3.67 | -8.71 | 19.93 | 10.42 | -16.84 | -26.2 | 24.82 | 9.58 | -16.54 | 8.73 | 20.25 | 35.35 | 21.18 | 7.19 | -25.94 | 12.38 | 21.97 | 63.11 |
| 20Q3 (7) | 4.02 | 11.36 | 35.35 | 12.53 | 1.29 | -24.15 | 22.65 | -10.01 | -26.1 | 7.26 | -1.36 | 31.76 | 19.76 | 1.65 | -44.99 | 10.15 | -22.46 | 4129.17 |
| 20Q2 (6) | 3.61 | -1.9 | 28.01 | 12.37 | 0.57 | -14.45 | 25.17 | 1.82 | -21.88 | 7.36 | -0.54 | 17.01 | 19.44 | 6.06 | -44.73 | 13.09 | -5.08 | 291.92 |
| 20Q1 (5) | 3.68 | 20.26 | 29.12 | 12.30 | -12.89 | 0.24 | 24.72 | -16.88 | -22.56 | 7.40 | 14.73 | -0.27 | 18.33 | -35.91 | -47.57 | 13.79 | 81.69 | 215.56 |
| 19Q4 (4) | 3.06 | 3.03 | 0.0 | 14.12 | -14.53 | 0.0 | 29.74 | -2.97 | 0.0 | 6.45 | 17.06 | 0.0 | 28.60 | -20.38 | 0.0 | 7.59 | 3062.5 | 0.0 |
| 19Q3 (3) | 2.97 | 5.32 | 0.0 | 16.52 | 14.25 | 0.0 | 30.65 | -4.87 | 0.0 | 5.51 | -12.4 | 0.0 | 35.92 | 2.13 | 0.0 | 0.24 | -92.81 | 0.0 |
| 19Q2 (2) | 2.82 | -1.05 | 0.0 | 14.46 | 17.85 | 0.0 | 32.22 | 0.94 | 0.0 | 6.29 | -15.23 | 0.0 | 35.17 | 0.6 | 0.0 | 3.34 | -23.57 | 0.0 |
| 19Q1 (1) | 2.85 | 0.0 | 0.0 | 12.27 | 0.0 | 0.0 | 31.92 | 0.0 | 0.0 | 7.42 | 0.0 | 0.0 | 34.96 | 0.0 | 0.0 | 4.37 | 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) | 12.13 | 8.69 | 33.45 | 11.61 | 30.08 | -8.01 | 10.91 | -10.43 | 38.92 | -14.82 | 2.07 | 0 |
| 2022 (9) | 11.16 | 7.62 | 29.97 | -13.13 | 32.70 | -7.13 | 12.18 | 15.12 | 45.69 | 17.39 | -0.81 | 0 |
| 2021 (8) | 10.37 | -22.67 | 34.50 | -22.4 | 35.21 | 29.35 | 10.58 | 28.87 | 38.92 | 80.69 | 6.87 | -50.5 |
| 2020 (7) | 13.41 | 11.75 | 44.46 | -6.6 | 27.22 | -10.55 | 8.21 | 7.04 | 21.54 | -23.78 | 13.88 | 41.06 |
| 2019 (6) | 12.00 | 13.21 | 47.60 | 7.06 | 30.43 | -11.62 | 7.67 | -6.58 | 28.26 | -27.39 | 9.84 | 165.23 |
| 2018 (5) | 10.60 | -16.34 | 44.46 | -30.93 | 34.43 | 19.51 | 8.21 | 44.8 | 38.92 | 4.62 | 3.71 | 0 |
| 2017 (4) | 12.67 | -24.49 | 64.37 | -39.54 | 28.81 | 32.4 | 5.67 | 65.31 | 37.20 | -9.62 | -2.72 | 0 |
| 2016 (3) | 16.78 | -13.37 | 106.46 | 10.01 | 21.76 | 15.5 | 3.43 | -9.02 | 41.16 | 5.54 | -15.97 | 0 |
| 2015 (2) | 19.37 | 0 | 96.77 | 0 | 18.84 | 0 | 3.77 | 0 | 39.00 | 0 | -16.39 | 0 |
