- 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) | 1.71 | -6.04 | -12.76 | 1.03 | -6.36 | -34.39 | 53.24 | 6.42 | 14.89 | 88.20 | 6.78 | 52.07 | 100.60 | -2.78 | 1.69 | 40.85 | 40.14 | 655.08 |
| 23Q3 (19) | 1.82 | -1.62 | -7.14 | 1.10 | 5.77 | -23.61 | 50.03 | 1.81 | 7.89 | 82.60 | -5.58 | 31.03 | 103.48 | -17.0 | 11.3 | 29.15 | 143.93 | 77.31 |
| 23Q2 (18) | 1.85 | 11.45 | -2.12 | 1.04 | -11.86 | -11.11 | 49.14 | -10.44 | 1.93 | 87.48 | 13.55 | 12.57 | 124.67 | -2.69 | 32.14 | 11.95 | 216.14 | -62.15 |
| 23Q1 (17) | 1.66 | -15.31 | -14.43 | 1.18 | -24.84 | 14.56 | 54.87 | 18.41 | 16.82 | 77.04 | 32.83 | -12.9 | 128.12 | 29.51 | 20.31 | 3.78 | -30.13 | -86.93 |
| 22Q4 (16) | 1.96 | 0.0 | -2.49 | 1.57 | 9.03 | 42.73 | 46.34 | -0.06 | 2.57 | 58.00 | -7.99 | -29.6 | 98.93 | 6.41 | -14.01 | 5.41 | -67.09 | -56.79 |
| 22Q3 (15) | 1.96 | 3.7 | -14.78 | 1.44 | 23.08 | 8.27 | 46.37 | -3.82 | 17.01 | 63.04 | -18.88 | -7.8 | 92.97 | -1.46 | -11.15 | 16.44 | -47.93 | 390.75 |
| 22Q2 (14) | 1.89 | -2.58 | -5.97 | 1.17 | 13.59 | -0.85 | 48.21 | 2.64 | 6.38 | 77.71 | -12.14 | 1.09 | 94.35 | -11.4 | -23.89 | 31.57 | 9.13 | 1873.6 |
| 22Q1 (13) | 1.94 | -3.48 | 4.86 | 1.03 | -6.36 | -20.16 | 46.97 | 3.96 | -4.55 | 88.45 | 7.36 | 25.12 | 106.49 | -7.44 | -21.61 | 28.93 | 131.07 | 281.61 |
| 21Q4 (12) | 2.01 | -12.61 | -8.64 | 1.10 | -17.29 | -39.56 | 45.18 | 14.0 | 9.21 | 82.39 | 20.51 | 64.39 | 115.05 | 9.95 | 10.2 | 12.52 | 273.73 | 196.98 |
| 21Q3 (11) | 2.30 | 14.43 | -4.56 | 1.33 | 12.71 | -18.9 | 39.63 | -12.56 | 4.9 | 68.37 | -11.06 | 22.99 | 104.64 | -15.59 | -5.17 | 3.35 | 288.2 | 119.73 |
| 21Q2 (10) | 2.01 | 8.65 | -24.44 | 1.18 | -8.53 | -22.88 | 45.32 | -7.9 | 32.44 | 76.87 | 8.74 | 29.45 | 123.97 | -8.74 | 3.27 | -1.78 | 88.83 | 93.27 |
| 21Q1 (9) | 1.85 | -15.91 | -29.66 | 1.29 | -29.12 | -21.34 | 49.21 | 18.95 | 42.23 | 70.69 | 41.04 | 27.55 | 135.84 | 30.11 | 10.29 | -15.93 | -23.39 | 51.95 |
| 20Q4 (8) | 2.20 | -8.71 | -9.47 | 1.82 | 10.98 | -7.14 | 41.37 | 9.5 | 10.29 | 50.12 | -9.84 | 8.09 | 104.40 | -5.39 | -9.22 | -12.91 | 23.97 | 58.52 |
| 20Q3 (7) | 2.41 | -9.4 | 3.88 | 1.64 | 7.19 | -24.07 | 37.78 | 10.4 | -3.72 | 55.59 | -6.38 | 32.11 | 110.35 | -8.07 | 0.53 | -16.98 | 35.78 | 40.3 |
| 20Q2 (6) | 2.66 | 1.14 | 10.37 | 1.53 | -6.71 | -31.08 | 34.22 | -1.1 | -9.4 | 59.38 | 7.15 | 44.83 | 120.04 | -2.54 | 22.33 | -26.44 | 20.24 | -36.57 |
| 20Q1 (5) | 2.63 | 8.23 | 25.84 | 1.64 | -16.33 | -16.33 | 34.60 | -7.76 | -20.4 | 55.42 | 19.52 | 19.41 | 123.17 | 7.1 | 22.55 | -33.15 | -6.52 | -211.85 |
| 19Q4 (4) | 2.43 | 4.74 | 0.0 | 1.96 | -9.26 | 0.0 | 37.51 | -4.41 | 0.0 | 46.37 | 10.19 | 0.0 | 115.00 | 4.76 | 0.0 | -31.12 | -9.42 | 0.0 |
| 19Q3 (3) | 2.32 | -3.73 | 0.0 | 2.16 | -2.7 | 0.0 | 39.24 | 3.89 | 0.0 | 42.08 | 2.63 | 0.0 | 109.77 | 11.86 | 0.0 | -28.44 | -46.9 | 0.0 |
| 19Q2 (2) | 2.41 | 15.31 | 0.0 | 2.22 | 13.27 | 0.0 | 37.77 | -13.11 | 0.0 | 41.00 | -11.66 | 0.0 | 98.13 | -2.37 | 0.0 | -19.36 | -82.13 | 0.0 |
| 19Q1 (1) | 2.09 | 0.0 | 0.0 | 1.96 | 0.0 | 0.0 | 43.47 | 0.0 | 0.0 | 46.41 | 0.0 | 0.0 | 100.51 | 0.0 | 0.0 | -10.63 | 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) | 6.96 | -6.58 | 4.56 | -10.06 | 52.43 | 7.09 | 80.03 | 11.17 | 111.28 | -0.37 | 21.19 | 128.83 |
| 2022 (9) | 7.45 | 2.48 | 5.07 | 7.64 | 48.96 | -2.53 | 71.99 | -7.18 | 111.69 | -8.1 | 9.26 | 47.92 |
| 2021 (8) | 7.27 | -14.07 | 4.71 | -30.43 | 50.23 | 16.38 | 77.56 | 43.76 | 121.53 | -0.58 | 6.26 | 0 |
| 2020 (7) | 8.46 | -15.4 | 6.77 | -20.63 | 43.16 | 18.28 | 53.95 | 26.08 | 122.24 | 24.75 | -25.13 | 0 |
| 2019 (6) | 10.00 | 29.87 | 8.53 | 19.3 | 36.49 | -23.0 | 42.79 | -16.21 | 97.99 | -12.38 | -18.70 | 0 |
| 2018 (5) | 7.70 | -1.41 | 7.15 | 1.13 | 47.39 | 1.43 | 51.07 | -1.14 | 111.84 | -6.23 | -13.37 | 0 |
| 2017 (4) | 7.81 | 7.58 | 7.07 | -16.82 | 46.72 | -7.12 | 51.66 | 20.25 | 119.27 | 9.85 | -20.89 | 0 |
| 2016 (3) | 7.26 | -2.68 | 8.50 | -18.82 | 50.30 | 2.8 | 42.96 | 23.17 | 108.58 | 23.32 | -15.32 | 0 |
| 2015 (2) | 7.46 | -1.45 | 10.47 | 23.03 | 48.93 | 1.47 | 34.88 | -18.69 | 88.05 | -12.91 | -4.25 | 0 |
| 2014 (1) | 7.57 | -6.77 | 8.51 | 4.29 | 48.22 | 7.25 | 42.90 | -4.13 | 101.10 | 1.06 | -9.97 | 0 |
