- 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) | 1.14 | 46.15 | -30.49 | 18.16 | 110.67 | -27.39 | 79.75 | -31.47 | 43.41 | 5.01 | -52.56 | 37.64 | 13.44 | -34.57 | 6.33 | 71.32 | -32.97 | 53.05 |
| 23Q3 (19) | 0.78 | 11.43 | 23.81 | 8.62 | 77.73 | 85.38 | 116.38 | -10.37 | -19.35 | 10.56 | -43.74 | -46.07 | 20.54 | -5.56 | -70.39 | 106.40 | -16.13 | 12.58 |
| 23Q2 (18) | 0.70 | 62.79 | -28.57 | 4.85 | 15.75 | -34.37 | 129.85 | -38.49 | 39.91 | 18.77 | -13.5 | 52.48 | 21.75 | -32.81 | -40.8 | 126.87 | -36.7 | 85.54 |
| 23Q1 (17) | 0.43 | -73.78 | -43.42 | 4.19 | -83.25 | 52.92 | 211.10 | 279.61 | 75.64 | 21.70 | 496.15 | -34.68 | 32.37 | 156.09 | -40.77 | 200.43 | 330.11 | 102.95 |
| 22Q4 (16) | 1.64 | 160.32 | 40.17 | 25.01 | 437.85 | 620.75 | 55.61 | -61.46 | -28.45 | 3.64 | -81.41 | -86.11 | 12.64 | -81.78 | -68.25 | 46.60 | -50.69 | -27.32 |
| 22Q3 (15) | 0.63 | -35.71 | -62.5 | 4.65 | -37.08 | -5.49 | 144.31 | 55.49 | 167.14 | 19.58 | 59.06 | 5.9 | 69.38 | 88.84 | 116.54 | 94.51 | 38.21 | 133.53 |
| 22Q2 (14) | 0.98 | 28.95 | 18.07 | 7.39 | 169.71 | 123.94 | 92.81 | -22.78 | -14.86 | 12.31 | -62.94 | -55.4 | 36.74 | -32.77 | -10.02 | 68.38 | -30.76 | -28.61 |
| 22Q1 (13) | 0.76 | -35.04 | -32.14 | 2.74 | -21.04 | -5.52 | 120.19 | 54.64 | 48.38 | 33.22 | 26.75 | 5.76 | 54.65 | 37.28 | 64.86 | 98.76 | 54.02 | 24.6 |
| 21Q4 (12) | 1.17 | -30.36 | 21.87 | 3.47 | -29.47 | 72.64 | 77.72 | 43.87 | -18.01 | 26.21 | 41.75 | -42.12 | 39.81 | 24.25 | -23.9 | 64.12 | 58.44 | -26.94 |
| 21Q3 (11) | 1.68 | 102.41 | 24.44 | 4.92 | 49.09 | 12.59 | 54.02 | -50.44 | -19.92 | 18.49 | -33.01 | -11.28 | 32.04 | -21.53 | -5.18 | 40.47 | -57.75 | -25.76 |
| 21Q2 (10) | 0.83 | -25.89 | -46.45 | 3.30 | 13.79 | -42.41 | 109.01 | 34.58 | 86.18 | 27.60 | -12.13 | 73.69 | 40.83 | 23.17 | 54.43 | 95.79 | 20.86 | 99.52 |
| 21Q1 (9) | 1.12 | 16.67 | 7.69 | 2.90 | 44.28 | 2.84 | 81.00 | -14.55 | -7.57 | 31.41 | -30.63 | -2.54 | 33.15 | -36.63 | -34.74 | 79.26 | -9.69 | 14.77 |
| 20Q4 (8) | 0.96 | -28.89 | -5.88 | 2.01 | -54.0 | -59.39 | 94.79 | 40.51 | 6.04 | 45.28 | 117.27 | 146.49 | 52.31 | 54.81 | 10.85 | 87.76 | 61.0 | 44.87 |
| 20Q3 (7) | 1.35 | -12.9 | -10.6 | 4.37 | -23.73 | -63.43 | 67.46 | 15.22 | 12.0 | 20.84 | 31.15 | 173.85 | 33.79 | 27.8 | 9.25 | 54.51 | 13.54 | 47.64 |
| 20Q2 (6) | 1.55 | 49.04 | 40.91 | 5.73 | 103.19 | -17.08 | 58.55 | -33.18 | -29.47 | 15.89 | -50.7 | 20.56 | 26.44 | -47.95 | -26.0 | 48.01 | -30.48 | -20.61 |
| 20Q1 (5) | 1.04 | 1.96 | -18.11 | 2.82 | -43.03 | -45.87 | 87.63 | -1.97 | 22.37 | 32.23 | 75.45 | 84.59 | 50.80 | 7.65 | 48.02 | 69.06 | 14.0 | 26.14 |
| 19Q4 (4) | 1.02 | -32.45 | 0.0 | 4.95 | -58.58 | 0.0 | 89.39 | 48.41 | 0.0 | 18.37 | 141.39 | 0.0 | 47.19 | 52.57 | 0.0 | 60.58 | 64.08 | 0.0 |
| 19Q3 (3) | 1.51 | 37.27 | 0.0 | 11.95 | 72.94 | 0.0 | 60.23 | -27.45 | 0.0 | 7.61 | -42.26 | 0.0 | 30.93 | -13.43 | 0.0 | 36.92 | -38.94 | 0.0 |
| 19Q2 (2) | 1.10 | -13.39 | 0.0 | 6.91 | 32.63 | 0.0 | 83.02 | 15.93 | 0.0 | 13.18 | -24.51 | 0.0 | 35.73 | 4.11 | 0.0 | 60.47 | 10.45 | 0.0 |
| 19Q1 (1) | 1.27 | 0.0 | 0.0 | 5.21 | 0.0 | 0.0 | 71.61 | 0.0 | 0.0 | 17.46 | 0.0 | 0.0 | 34.32 | 0.0 | 0.0 | 54.75 | 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) | 2.48 | -24.16 | 66.79 | 382.24 | 146.91 | 31.46 | 5.47 | -79.23 | 11.67 | -68.96 | 140.71 | 40.01 |
| 2022 (9) | 3.27 | -18.05 | 13.85 | 44.87 | 111.75 | 22.02 | 26.34 | -30.99 | 37.60 | -10.75 | 100.50 | 14.69 |
| 2021 (8) | 3.99 | -23.71 | 9.56 | -26.12 | 91.58 | 31.3 | 38.17 | 35.35 | 42.13 | 18.98 | 87.63 | 40.12 |
| 2020 (7) | 5.23 | 4.18 | 12.94 | -20.71 | 69.75 | -4.08 | 28.20 | 26.12 | 35.41 | -12.0 | 62.54 | 14.06 |
| 2019 (6) | 5.02 | -9.71 | 16.32 | -39.08 | 72.72 | 10.77 | 22.36 | 64.17 | 40.24 | 20.08 | 54.83 | 19.79 |
| 2018 (5) | 5.56 | -39.04 | 26.79 | -55.76 | 65.65 | 64.04 | 13.62 | 125.87 | 33.51 | 85.04 | 45.77 | 63.87 |
| 2017 (4) | 9.12 | -5.59 | 60.56 | 30.49 | 40.02 | 5.96 | 6.03 | -23.28 | 18.11 | 17.07 | 27.93 | -7.39 |
| 2016 (3) | 9.66 | 17.09 | 46.41 | 9.48 | 37.77 | -14.59 | 7.86 | -8.71 | 15.47 | -22.49 | 30.16 | -8.24 |
| 2015 (2) | 8.25 | 0 | 42.39 | 0 | 44.22 | 0 | 8.61 | 0 | 19.96 | 0 | 32.87 | 0 |
