- 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) | 2.73 | -14.15 | -7.46 | 0.88 | -24.79 | 25.71 | 33.30 | 16.52 | 7.94 | 103.19 | 33.06 | -20.48 | 54.34 | 59.21 | 60.48 | 82.15 | 14.08 | -35.19 |
| 23Q3 (19) | 3.18 | 29.8 | 18.22 | 1.17 | 37.65 | 64.79 | 28.58 | -22.9 | -15.67 | 77.55 | -27.59 | -39.48 | 34.13 | 14.49 | -42.3 | 72.01 | -37.03 | -30.02 |
| 23Q2 (18) | 2.45 | -16.38 | 15.02 | 0.85 | 7.59 | 44.07 | 37.07 | 19.43 | -13.27 | 107.10 | -6.78 | -30.5 | 29.81 | 28.66 | -67.79 | 114.36 | -6.84 | 9.67 |
| 23Q1 (17) | 2.93 | -0.68 | 20.58 | 0.79 | 12.86 | -20.2 | 31.04 | 0.62 | -17.07 | 114.89 | -11.47 | 24.87 | 23.17 | -31.57 | -61.01 | 122.75 | -3.16 | 75.31 |
| 22Q4 (16) | 2.95 | 9.67 | 8.06 | 0.70 | -1.41 | -46.56 | 30.85 | -8.97 | -7.61 | 129.77 | 1.26 | 87.18 | 33.86 | -42.76 | -43.06 | 126.75 | 23.18 | 193.0 |
| 22Q3 (15) | 2.69 | 26.29 | 4.26 | 0.71 | 20.34 | -47.41 | 33.89 | -20.71 | -4.05 | 128.15 | -16.83 | 90.42 | 59.15 | -36.09 | -18.12 | 102.90 | -1.32 | 238.71 |
| 22Q2 (14) | 2.13 | -12.35 | -17.12 | 0.59 | -40.4 | -53.17 | 42.74 | 14.19 | 20.56 | 154.09 | 67.47 | 113.01 | 92.55 | 55.73 | 30.91 | 104.28 | 48.93 | 181.15 |
| 22Q1 (13) | 2.43 | -10.99 | 22.11 | 0.99 | -24.43 | 23.75 | 37.43 | 12.1 | -18.11 | 92.01 | 32.71 | -18.7 | 59.43 | -0.07 | -39.69 | 70.02 | 61.86 | 16.02 |
| 21Q4 (12) | 2.73 | 5.81 | 51.67 | 1.31 | -2.96 | 39.36 | 33.39 | -5.46 | -33.93 | 69.33 | 3.02 | -28.66 | 59.47 | -17.68 | -31.56 | 43.26 | 42.4 | -28.9 |
| 21Q3 (11) | 2.58 | 0.39 | 35.79 | 1.35 | 7.14 | 39.18 | 35.32 | -0.37 | -26.22 | 67.30 | -6.97 | -28.09 | 72.24 | 2.18 | -18.1 | 30.38 | -18.09 | -42.96 |
| 21Q2 (10) | 2.57 | 29.15 | 13.72 | 1.26 | 57.5 | 22.33 | 35.45 | -22.45 | -11.86 | 72.34 | -36.08 | -18.4 | 70.70 | -28.25 | -10.78 | 37.09 | -38.54 | -25.27 |
| 21Q1 (9) | 1.99 | 10.56 | 28.39 | 0.80 | -14.89 | -1.23 | 45.71 | -9.56 | -22.26 | 113.18 | 16.46 | 1.29 | 98.54 | 13.41 | 12.88 | 60.35 | -0.81 | -27.49 |
| 20Q4 (8) | 1.80 | -5.26 | 5.88 | 0.94 | -3.09 | -18.97 | 50.54 | 5.58 | -5.64 | 97.18 | 3.84 | 23.75 | 86.89 | -1.49 | 21.75 | 60.84 | 14.23 | 0.2 |
| 20Q3 (7) | 1.90 | -15.93 | 7.34 | 0.97 | -5.83 | -22.4 | 47.87 | 19.02 | -6.7 | 93.59 | 5.57 | 28.28 | 88.20 | 11.31 | 17.74 | 53.26 | 7.31 | 7.9 |
| 20Q2 (6) | 2.26 | 45.81 | 15.31 | 1.03 | 27.16 | -10.43 | 40.22 | -31.6 | -13.36 | 88.65 | -20.66 | 12.26 | 79.24 | -9.23 | 3.51 | 49.63 | -40.37 | 1.62 |
| 20Q1 (5) | 1.55 | -8.82 | -18.85 | 0.81 | -30.17 | -22.86 | 58.80 | 9.78 | 23.3 | 111.74 | 42.29 | 29.49 | 87.30 | 22.32 | 12.78 | 83.23 | 37.07 | 47.13 |
| 19Q4 (4) | 1.70 | -3.95 | 0.0 | 1.16 | -7.2 | 0.0 | 53.56 | 4.39 | 0.0 | 78.53 | 7.63 | 0.0 | 71.37 | -4.73 | 0.0 | 60.72 | 23.01 | 0.0 |
| 19Q3 (3) | 1.77 | -9.69 | 0.0 | 1.25 | 8.7 | 0.0 | 51.31 | 10.53 | 0.0 | 72.96 | -7.61 | 0.0 | 74.91 | -2.14 | 0.0 | 49.36 | 1.06 | 0.0 |
| 19Q2 (2) | 1.96 | 2.62 | 0.0 | 1.15 | 9.52 | 0.0 | 46.42 | -2.66 | 0.0 | 78.97 | -8.48 | 0.0 | 76.55 | -1.11 | 0.0 | 48.84 | -13.66 | 0.0 |
| 19Q1 (1) | 1.91 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 47.69 | 0.0 | 0.0 | 86.29 | 0.0 | 0.0 | 77.41 | 0.0 | 0.0 | 56.57 | 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) | 14.14 | 32.4 | 3.06 | -12.82 | 25.81 | -24.51 | 119.42 | 14.95 | 38.19 | -5.8 | 107.04 | 9.74 |
| 2022 (9) | 10.68 | 12.9 | 3.51 | -28.07 | 34.19 | -11.38 | 103.89 | 38.85 | 40.54 | -26.9 | 97.54 | 68.32 |
| 2021 (8) | 9.46 | 46.44 | 4.88 | 33.7 | 38.58 | -31.75 | 74.82 | -25.18 | 55.46 | -33.6 | 57.95 | -20.63 |
| 2020 (7) | 6.46 | -7.45 | 3.65 | -17.79 | 56.53 | 8.17 | 100.00 | 21.68 | 83.52 | 24.06 | 73.01 | 8.78 |
| 2019 (6) | 6.98 | -2.79 | 4.44 | 6.47 | 52.26 | 2.73 | 82.18 | -6.03 | 67.32 | -20.87 | 67.12 | 26.05 |
| 2018 (5) | 7.18 | -4.77 | 4.17 | -18.4 | 50.87 | 5.02 | 87.45 | 22.51 | 85.07 | -6.99 | 53.25 | 87.76 |
| 2017 (4) | 7.54 | -0.53 | 5.11 | 3.86 | 48.44 | 0.58 | 71.38 | -3.74 | 91.46 | 7.49 | 28.36 | -23.78 |
| 2016 (3) | 7.58 | 19.18 | 4.92 | 19.71 | 48.16 | -16.08 | 74.15 | -16.44 | 85.09 | -1.16 | 37.21 | -38.02 |
| 2015 (2) | 6.36 | 23.02 | 4.11 | 6.2 | 57.39 | -18.69 | 88.74 | -5.87 | 86.09 | -10.77 | 60.04 | -12.2 |
| 2014 (1) | 5.17 | -16.75 | 3.87 | -7.64 | 70.58 | 20.01 | 94.27 | 8.27 | 96.48 | 16.07 | 68.38 | 8.95 |
