- 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) | 0.73 | -14.12 | -20.65 | 2.25 | -13.79 | 1.35 | 123.99 | 15.4 | 25.78 | 40.36 | 15.61 | -1.44 | 87.22 | 21.93 | -3.19 | 77.12 | 8.88 | 55.99 |
| 23Q3 (19) | 0.85 | 30.77 | -13.27 | 2.61 | 27.94 | 12.99 | 107.44 | -22.99 | 15.88 | 34.91 | -21.85 | -11.22 | 71.53 | -22.7 | -10.46 | 70.83 | -22.73 | 35.85 |
| 23Q2 (18) | 0.65 | -4.41 | -1.52 | 2.04 | 4.62 | 12.71 | 139.51 | 4.79 | 1.43 | 44.67 | -4.18 | -11.19 | 92.53 | -12.54 | -14.53 | 91.66 | 23.95 | 15.18 |
| 23Q1 (17) | 0.68 | -26.09 | 1.49 | 1.95 | -12.16 | -2.5 | 133.13 | 35.05 | -1.78 | 46.62 | 13.85 | 2.6 | 105.80 | 17.44 | -13.78 | 73.95 | 49.58 | 26.91 |
| 22Q4 (16) | 0.92 | -6.12 | -16.36 | 2.22 | -3.9 | -24.49 | 98.58 | 6.32 | 19.36 | 40.95 | 4.15 | 32.4 | 90.09 | 12.77 | -2.71 | 49.44 | -5.18 | 136.33 |
| 22Q3 (15) | 0.98 | 48.48 | 4.26 | 2.31 | 27.62 | -9.41 | 92.72 | -32.59 | -4.02 | 39.32 | -21.83 | 10.02 | 79.89 | -26.21 | -29.13 | 52.14 | -34.48 | 165.88 |
| 22Q2 (14) | 0.66 | -1.49 | -21.43 | 1.81 | -9.5 | -27.31 | 137.54 | 1.48 | 27.16 | 50.30 | 10.7 | 37.66 | 108.26 | -11.78 | -7.88 | 79.58 | 36.57 | 192.79 |
| 22Q1 (13) | 0.67 | -39.09 | -22.09 | 2.00 | -31.97 | -10.31 | 135.54 | 64.11 | 28.53 | 45.44 | 46.91 | 11.18 | 122.71 | 32.52 | 1.78 | 58.27 | 178.54 | 126.2 |
| 21Q4 (12) | 1.10 | 17.02 | 6.8 | 2.94 | 15.29 | 22.5 | 82.59 | -14.5 | -6.46 | 30.93 | -13.46 | -18.41 | 92.60 | -17.85 | -14.12 | 20.92 | 6.68 | 13.88 |
| 21Q3 (11) | 0.94 | 11.9 | -50.26 | 2.55 | 2.41 | -45.51 | 96.60 | -10.69 | 101.12 | 35.74 | -2.19 | 83.85 | 112.72 | -4.08 | 108.35 | 19.61 | -27.85 | 46.67 |
| 21Q2 (10) | 0.84 | -2.33 | -22.22 | 2.49 | 11.66 | 6.87 | 108.16 | 2.57 | 28.17 | 36.54 | -10.59 | -6.38 | 117.52 | -2.52 | 17.36 | 27.18 | 5.51 | 16.7 |
| 21Q1 (9) | 0.86 | -16.5 | -12.24 | 2.23 | -7.08 | 17.99 | 105.45 | 19.44 | 13.28 | 40.87 | 7.81 | -15.05 | 120.56 | 11.81 | -2.87 | 25.76 | 40.23 | 50.82 |
| 20Q4 (8) | 1.03 | -45.5 | -7.21 | 2.40 | -48.72 | 8.11 | 88.29 | 83.82 | 7.38 | 37.91 | 95.01 | -7.56 | 107.83 | 99.32 | -8.75 | 18.37 | 37.4 | 263.04 |
| 20Q3 (7) | 1.89 | 75.0 | 81.73 | 4.68 | 100.86 | 100.86 | 48.03 | -43.09 | -45.15 | 19.44 | -50.19 | -50.18 | 54.10 | -45.98 | -49.36 | 13.37 | -42.59 | -32.37 |
| 20Q2 (6) | 1.08 | 10.2 | -41.3 | 2.33 | 23.28 | -16.19 | 84.39 | -9.35 | 70.76 | 39.03 | -18.87 | 19.18 | 100.14 | -19.32 | 53.31 | 23.29 | 36.36 | 38.22 |
| 20Q1 (5) | 0.98 | -11.71 | -27.94 | 1.89 | -14.86 | 22.73 | 93.09 | 13.22 | 38.98 | 48.11 | 17.31 | -18.54 | 124.12 | 5.04 | 16.94 | 17.08 | 237.55 | -14.17 |
| 19Q4 (4) | 1.11 | 6.73 | 0.0 | 2.22 | -4.72 | 0.0 | 82.22 | -6.11 | 0.0 | 41.01 | 5.1 | 0.0 | 118.17 | 10.61 | 0.0 | 5.06 | -74.41 | 0.0 |
| 19Q3 (3) | 1.04 | -43.48 | 0.0 | 2.33 | -16.19 | 0.0 | 87.57 | 77.2 | 0.0 | 39.02 | 19.15 | 0.0 | 106.83 | 63.55 | 0.0 | 19.77 | 17.33 | 0.0 |
| 19Q2 (2) | 1.84 | 35.29 | 0.0 | 2.78 | 80.52 | 0.0 | 49.42 | -26.22 | 0.0 | 32.75 | -44.55 | 0.0 | 65.32 | -38.46 | 0.0 | 16.85 | -15.33 | 0.0 |
| 19Q1 (1) | 1.36 | 0.0 | 0.0 | 1.54 | 0.0 | 0.0 | 66.98 | 0.0 | 0.0 | 59.06 | 0.0 | 0.0 | 106.14 | 0.0 | 0.0 | 19.90 | 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) | 2.96 | 1.72 | 8.26 | 1.35 | 123.23 | -1.76 | 44.21 | -1.27 | 101.18 | -17.9 | 66.26 | 41.04 |
| 2022 (9) | 2.91 | -14.66 | 8.15 | -13.11 | 125.44 | 17.31 | 44.78 | 15.12 | 123.24 | 5.71 | 46.98 | 60.62 |
| 2021 (8) | 3.41 | -29.98 | 9.38 | -19.9 | 106.93 | 42.74 | 38.90 | 24.84 | 116.58 | 30.13 | 29.25 | 77.38 |
| 2020 (7) | 4.87 | -4.88 | 11.71 | 68.98 | 74.91 | 4.99 | 31.16 | -40.83 | 89.59 | -20.96 | 16.49 | 54.69 |
| 2019 (6) | 5.12 | 36.9 | 6.93 | 22.44 | 71.35 | -26.96 | 52.66 | -18.27 | 113.35 | -1.2 | 10.66 | -77.5 |
| 2018 (5) | 3.74 | 23.84 | 5.66 | -13.19 | 97.68 | -19.09 | 64.43 | 15.09 | 114.73 | 6.81 | 47.38 | -31.61 |
| 2017 (4) | 3.02 | -14.69 | 6.52 | -21.26 | 120.72 | 16.93 | 55.98 | 27.0 | 107.42 | 2.94 | 69.28 | 61.23 |
| 2016 (3) | 3.54 | -5.35 | 8.28 | -17.94 | 103.24 | 5.92 | 44.08 | 21.87 | 104.35 | 17.64 | 42.97 | -4.38 |
| 2015 (2) | 3.74 | 385.71 | 10.09 | 66.23 | 97.47 | -79.31 | 36.17 | -39.84 | 88.70 | -45.16 | 44.94 | -87.84 |
| 2014 (1) | 0.77 | -53.33 | 6.07 | -46.61 | 471.12 | 112.97 | 60.12 | 87.23 | 161.73 | 70.62 | 369.51 | 133.07 |
