- 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) | 0.98 | 1.03 | -5.77 | 7.75 | 3.2 | 34.08 | 92.82 | -1.51 | 5.81 | 11.74 | -3.14 | -25.41 | 12.55 | 20.79 | 17.62 | 92.01 | -4.13 | -0.84 |
| 23Q3 (19) | 0.97 | -2.02 | -7.62 | 7.51 | 10.6 | 37.8 | 94.24 | 2.3 | 9.16 | 12.12 | -9.48 | -27.43 | 10.39 | -10.28 | -26.31 | 95.97 | 2.16 | 7.92 |
| 23Q2 (18) | 0.99 | 1.02 | -13.16 | 6.79 | 9.34 | 10.95 | 92.12 | -1.29 | 15.83 | 13.39 | -8.6 | -9.95 | 11.58 | -6.84 | -24.12 | 93.94 | -1.66 | 18.7 |
| 23Q1 (17) | 0.98 | -5.77 | -15.52 | 6.21 | 7.44 | 4.9 | 93.32 | 6.38 | 19.32 | 14.65 | -6.93 | -4.75 | 12.43 | 16.49 | -17.41 | 95.53 | 2.95 | 21.63 |
| 22Q4 (16) | 1.04 | -0.95 | -5.45 | 5.78 | 6.06 | -11.08 | 87.72 | 1.61 | 5.65 | 15.74 | -5.75 | 12.43 | 10.67 | -24.33 | -25.95 | 92.79 | 4.34 | 12.32 |
| 22Q3 (15) | 1.05 | -7.89 | -17.32 | 5.45 | -10.95 | -17.3 | 86.33 | 8.55 | 20.04 | 16.70 | 12.31 | 20.84 | 14.10 | -7.6 | 9.05 | 88.93 | 12.37 | 22.14 |
| 22Q2 (14) | 1.14 | -1.72 | -2.56 | 6.12 | 3.38 | 5.52 | 79.53 | 1.69 | 2.67 | 14.87 | -3.32 | -5.23 | 15.26 | 1.4 | 10.18 | 79.14 | 0.76 | -0.2 |
| 22Q1 (13) | 1.16 | 5.45 | 5.45 | 5.92 | -8.92 | -19.02 | 78.21 | -5.81 | -5.44 | 15.38 | 9.86 | 23.53 | 15.05 | 4.44 | 9.77 | 78.54 | -4.93 | -3.58 |
| 21Q4 (12) | 1.10 | -13.39 | -9.84 | 6.50 | -1.37 | -17.3 | 83.03 | 15.45 | 11.72 | 14.00 | 1.3 | 20.9 | 14.41 | 11.45 | 13.29 | 82.61 | 13.46 | 12.89 |
| 21Q3 (11) | 1.27 | 8.55 | 23.3 | 6.59 | 13.62 | -5.86 | 71.92 | -7.15 | -18.36 | 13.82 | -11.92 | 6.31 | 12.93 | -6.64 | 7.66 | 72.81 | -8.18 | -18.27 |
| 21Q2 (10) | 1.17 | 6.36 | 82.81 | 5.80 | -20.66 | -8.23 | 77.46 | -6.35 | -45.65 | 15.69 | 26.02 | 8.96 | 13.85 | 1.02 | 10.45 | 79.30 | -2.65 | -45.08 |
| 21Q1 (9) | 1.10 | -9.84 | 107.55 | 7.31 | -7.0 | 9.92 | 82.71 | 11.29 | -52.1 | 12.45 | 7.51 | -8.99 | 13.71 | 7.78 | 10.83 | 81.46 | 11.31 | -53.18 |
| 20Q4 (8) | 1.22 | 18.45 | -20.26 | 7.86 | 12.29 | 4.8 | 74.32 | -15.63 | 25.1 | 11.58 | -10.92 | -4.53 | 12.72 | 5.91 | 20.91 | 73.18 | -17.86 | 19.93 |
| 20Q3 (7) | 1.03 | 60.94 | 6.19 | 7.00 | 10.76 | 3.09 | 88.09 | -38.19 | -6.21 | 13.00 | -9.72 | -2.99 | 12.01 | -4.23 | 14.49 | 89.09 | -38.29 | -7.99 |
| 20Q2 (6) | 0.64 | 20.75 | -12.33 | 6.32 | -4.96 | -4.39 | 142.52 | -17.46 | 13.74 | 14.40 | 5.26 | 4.65 | 12.54 | 1.37 | 45.81 | 144.38 | -17.01 | 10.67 |
| 20Q1 (5) | 0.53 | -65.36 | -29.33 | 6.65 | -11.33 | 5.56 | 172.67 | 190.64 | 41.47 | 13.68 | 12.78 | -5.26 | 12.37 | 17.59 | 53.86 | 173.98 | 185.12 | 35.45 |
| 19Q4 (4) | 1.53 | 57.73 | 0.0 | 7.50 | 10.46 | 0.0 | 59.41 | -36.74 | 0.0 | 12.13 | -9.48 | 0.0 | 10.52 | 0.29 | 0.0 | 61.02 | -36.98 | 0.0 |
| 19Q3 (3) | 0.97 | 32.88 | 0.0 | 6.79 | 2.72 | 0.0 | 93.92 | -25.04 | 0.0 | 13.40 | -2.62 | 0.0 | 10.49 | 21.98 | 0.0 | 96.83 | -25.78 | 0.0 |
| 19Q2 (2) | 0.73 | -2.67 | 0.0 | 6.61 | 4.92 | 0.0 | 125.30 | 2.66 | 0.0 | 13.76 | -4.71 | 0.0 | 8.60 | 6.97 | 0.0 | 130.46 | 1.56 | 0.0 |
| 19Q1 (1) | 0.75 | 0.0 | 0.0 | 6.30 | 0.0 | 0.0 | 122.05 | 0.0 | 0.0 | 14.44 | 0.0 | 0.0 | 8.04 | 0.0 | 0.0 | 128.45 | 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) | 4.00 | -14.89 | 29.06 | 11.47 | 91.27 | 17.46 | 12.56 | -10.29 | 11.89 | -0.08 | 91.95 | 15.23 |
| 2022 (9) | 4.70 | 6.09 | 26.07 | -4.89 | 77.70 | -5.6 | 14.00 | 5.11 | 11.90 | -15.42 | 79.80 | -2.16 |
| 2021 (8) | 4.43 | 51.19 | 27.41 | -7.37 | 82.31 | -34.0 | 13.32 | 8.03 | 14.07 | 7.98 | 81.56 | -34.23 |
| 2020 (7) | 2.93 | -4.87 | 29.59 | 10.45 | 124.71 | 5.35 | 12.33 | -9.47 | 13.03 | 24.1 | 124.01 | 2.07 |
| 2019 (6) | 3.08 | 0.0 | 26.79 | -10.37 | 118.38 | 0.04 | 13.62 | 11.55 | 10.50 | -25.85 | 121.50 | 4.4 |
| 2018 (5) | 3.08 | 25.71 | 29.89 | -10.54 | 118.33 | -20.62 | 12.21 | 11.81 | 14.16 | -15.01 | 116.38 | -18.8 |
| 2017 (4) | 2.45 | -39.95 | 33.41 | -21.92 | 149.07 | 66.82 | 10.92 | 28.02 | 16.66 | 86.56 | 143.33 | 61.12 |
| 2016 (3) | 4.08 | -18.07 | 42.79 | -6.22 | 89.36 | 21.94 | 8.53 | 6.62 | 8.93 | 14.49 | 88.96 | 21.07 |
| 2015 (2) | 4.98 | -39.86 | 45.63 | -55.95 | 73.28 | 66.28 | 8.00 | 127.27 | 7.80 | 77.27 | 73.48 | 70.13 |
| 2014 (1) | 8.28 | 43.5 | 103.58 | 0 | 44.07 | -30.34 | 3.52 | 0 | 4.40 | 400.0 | 43.19 | -30.76 |
