- 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) | 0.34 | -77.63 | -86.56 | 0.15 | -79.73 | -78.57 | 271.63 | 353.55 | 655.58 | 604.74 | 392.02 | 366.55 | 558.56 | 473.88 | 1157.73 | 317.80 | 271.83 | 162.3 |
| 23Q3 (19) | 1.52 | 8.57 | -20.42 | 0.74 | 19.35 | 208.33 | 59.89 | -7.72 | 25.63 | 122.91 | -16.16 | -67.66 | 97.33 | 21.09 | -7.29 | 85.47 | -34.82 | -73.51 |
| 23Q2 (18) | 1.40 | 62.79 | 108.96 | 0.62 | 129.63 | 463.64 | 64.90 | -38.65 | -52.49 | 146.60 | -56.74 | -82.9 | 80.38 | -49.82 | -70.87 | 131.12 | -53.92 | -81.74 |
| 23Q1 (17) | 0.86 | -66.01 | -16.5 | 0.27 | -61.43 | 92.86 | 105.78 | 194.24 | 19.81 | 338.91 | 161.46 | -46.54 | 160.17 | 260.66 | -36.12 | 284.52 | 134.83 | -39.66 |
| 22Q4 (16) | 2.53 | 32.46 | 116.24 | 0.70 | 191.67 | 169.23 | 35.95 | -24.59 | -53.95 | 129.62 | -65.89 | -63.45 | 44.41 | -57.7 | -72.75 | 121.16 | -62.46 | -55.08 |
| 22Q3 (15) | 1.91 | 185.07 | 241.07 | 0.24 | 118.18 | 14.29 | 47.67 | -65.11 | -70.41 | 380.02 | -55.68 | -13.14 | 104.98 | -61.96 | -57.85 | 322.71 | -55.06 | -7.69 |
| 22Q2 (14) | 0.67 | -34.95 | -42.74 | 0.11 | -21.43 | -80.0 | 136.61 | 54.73 | 74.96 | 857.48 | 35.25 | 421.8 | 275.98 | 10.07 | 152.8 | 718.11 | 52.29 | 439.0 |
| 22Q1 (13) | 1.03 | -11.97 | 27.16 | 0.14 | -46.15 | -68.89 | 88.29 | 13.09 | -21.39 | 633.98 | 78.75 | 214.66 | 250.72 | 53.82 | 62.14 | 471.55 | 74.82 | 196.27 |
| 21Q4 (12) | 1.17 | 108.93 | 51.95 | 0.26 | 23.81 | -68.29 | 78.07 | -51.55 | -33.88 | 354.67 | -18.94 | 221.32 | 163.00 | -34.55 | 78.81 | 269.73 | -22.84 | 96.44 |
| 21Q3 (11) | 0.56 | -52.14 | 1.82 | 0.21 | -61.82 | -61.11 | 161.12 | 106.35 | -2.38 | 437.52 | 166.24 | 160.21 | 249.06 | 128.14 | 98.53 | 349.58 | 162.39 | 68.29 |
| 21Q2 (10) | 1.17 | 44.44 | 39.29 | 0.55 | 22.22 | -32.1 | 78.08 | -30.48 | -28.21 | 164.33 | -18.44 | 47.1 | 109.17 | -29.4 | 40.25 | 133.23 | -16.29 | -6.6 |
| 21Q1 (9) | 0.81 | 5.19 | 92.86 | 0.45 | -45.12 | 18.42 | 112.31 | -4.89 | -47.82 | 201.48 | 82.53 | -15.82 | 154.63 | 69.62 | -3.22 | 159.16 | 15.91 | -46.01 |
| 20Q4 (8) | 0.77 | 40.0 | 32.76 | 0.82 | 51.85 | 38.98 | 118.08 | -28.46 | -24.12 | 110.38 | -34.35 | -28.76 | 91.16 | -27.33 | -5.67 | 137.31 | -33.9 | -35.81 |
| 20Q3 (7) | 0.55 | -34.52 | 14.58 | 0.54 | -33.33 | 14.89 | 165.05 | 51.76 | -12.96 | 168.14 | 50.51 | -12.65 | 125.45 | 61.16 | 6.3 | 207.73 | 45.63 | -21.34 |
| 20Q2 (6) | 0.84 | 100.0 | 52.73 | 0.81 | 113.16 | 22.73 | 108.76 | -49.47 | -34.08 | 111.71 | -53.33 | -18.79 | 77.84 | -51.28 | -9.57 | 142.64 | -51.61 | -34.1 |
| 20Q1 (5) | 0.42 | -27.59 | 2.44 | 0.38 | -35.59 | -13.64 | 215.24 | 38.32 | -2.62 | 239.34 | 54.46 | 15.86 | 159.78 | 65.34 | 7.66 | 294.80 | 37.81 | 5.58 |
| 19Q4 (4) | 0.58 | 20.83 | 0.0 | 0.59 | 25.53 | 0.0 | 155.61 | -17.94 | 0.0 | 154.95 | -19.5 | 0.0 | 96.64 | -18.12 | 0.0 | 213.92 | -19.0 | 0.0 |
| 19Q3 (3) | 0.48 | -12.73 | 0.0 | 0.47 | -28.79 | 0.0 | 189.63 | 14.93 | 0.0 | 192.49 | 39.93 | 0.0 | 118.02 | 37.11 | 0.0 | 264.10 | 22.01 | 0.0 |
| 19Q2 (2) | 0.55 | 34.15 | 0.0 | 0.66 | 50.0 | 0.0 | 164.99 | -25.36 | 0.0 | 137.56 | -33.41 | 0.0 | 86.08 | -42.0 | 0.0 | 216.46 | -22.47 | 0.0 |
| 19Q1 (1) | 0.41 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 221.04 | 0.0 | 0.0 | 206.58 | 0.0 | 0.0 | 148.41 | 0.0 | 0.0 | 279.21 | 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) | 5.24 | -3.32 | 1.60 | 11.11 | 69.70 | 3.52 | 227.81 | -9.82 | 130.24 | 13.3 | 167.27 | -18.4 |
| 2022 (9) | 5.42 | 53.98 | 1.44 | 12.5 | 67.33 | -35.13 | 252.61 | -11.53 | 114.95 | -33.1 | 204.99 | -5.76 |
| 2021 (8) | 3.52 | 12.82 | 1.28 | -49.0 | 103.80 | -11.2 | 285.52 | 96.48 | 171.82 | 48.02 | 217.51 | 48.84 |
| 2020 (7) | 3.12 | 65.96 | 2.51 | 9.13 | 116.89 | -39.66 | 145.32 | -8.45 | 116.08 | -6.83 | 146.14 | -35.87 |
| 2019 (6) | 1.88 | -6.0 | 2.30 | -18.15 | 193.73 | 5.97 | 158.74 | 22.38 | 124.59 | 17.95 | 227.89 | 10.15 |
| 2018 (5) | 2.00 | 23.46 | 2.81 | 18.07 | 182.81 | -18.9 | 129.71 | -15.39 | 105.63 | -11.15 | 206.89 | -20.37 |
| 2017 (4) | 1.62 | 57.28 | 2.38 | 32.22 | 225.41 | -36.32 | 153.30 | -24.42 | 118.88 | -31.18 | 259.83 | -32.35 |
| 2016 (3) | 1.03 | -41.48 | 1.80 | -40.79 | 353.98 | 70.87 | 202.84 | 69.05 | 172.75 | 52.46 | 384.06 | 79.6 |
| 2015 (2) | 1.76 | -12.44 | 3.04 | -1.62 | 207.16 | 14.19 | 119.99 | 1.51 | 113.31 | 11.12 | 213.84 | 8.19 |
| 2014 (1) | 2.01 | -37.38 | 3.09 | -7.76 | 181.41 | 59.55 | 118.20 | 8.42 | 101.97 | 19.63 | 197.65 | 43.76 |
