- 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) | 0.61 | 10.91 | 29.79 | 2.16 | 2.86 | 23.43 | 149.38 | -10.23 | -22.25 | 42.20 | -2.63 | -18.74 | 121.94 | 15.02 | 11.38 | 69.64 | -32.87 | -48.25 |
| 23Q3 (19) | 0.55 | 30.95 | 10.0 | 2.10 | 20.69 | 38.16 | 166.41 | -23.42 | -8.95 | 43.34 | -16.97 | -27.74 | 106.02 | -2.47 | 2.13 | 103.74 | -35.49 | -25.33 |
| 23Q2 (18) | 0.42 | 16.67 | -26.32 | 1.74 | 11.54 | 7.41 | 217.31 | -14.09 | 36.72 | 52.20 | -10.46 | -6.89 | 108.70 | -16.28 | 8.91 | 160.81 | -11.36 | 39.58 |
| 23Q1 (17) | 0.36 | -23.4 | -30.77 | 1.56 | -10.86 | -10.34 | 252.95 | 31.66 | 44.85 | 58.30 | 12.27 | 11.37 | 129.83 | 18.59 | 15.94 | 181.42 | 34.8 | 57.76 |
| 22Q4 (16) | 0.47 | -6.0 | -17.54 | 1.75 | 15.13 | -9.33 | 192.13 | 5.12 | 19.31 | 51.93 | -13.42 | 10.3 | 109.48 | 5.46 | 5.92 | 134.58 | -3.14 | 28.47 |
| 22Q3 (15) | 0.50 | -12.28 | 16.28 | 1.52 | -6.17 | -5.0 | 182.77 | 14.99 | -13.34 | 59.98 | 6.99 | 5.65 | 103.81 | 4.01 | -18.85 | 138.94 | 20.6 | -0.58 |
| 22Q2 (14) | 0.57 | 9.62 | 21.28 | 1.62 | -6.9 | -13.83 | 158.95 | -8.98 | -18.09 | 56.06 | 7.09 | 16.07 | 99.81 | -10.87 | -21.22 | 115.21 | 0.18 | -0.4 |
| 22Q1 (13) | 0.52 | -8.77 | 20.93 | 1.74 | -9.84 | -13.86 | 174.63 | 8.44 | -17.74 | 52.35 | 11.19 | 16.2 | 111.98 | 8.34 | -22.31 | 115.00 | 9.77 | 1.57 |
| 21Q4 (12) | 0.57 | 32.56 | -6.56 | 1.93 | 20.62 | -39.5 | 161.04 | -23.65 | 7.83 | 47.08 | -17.07 | 64.9 | 103.36 | -19.2 | -0.27 | 104.76 | -25.04 | 41.09 |
| 21Q3 (11) | 0.43 | -8.51 | -34.85 | 1.60 | -14.89 | -49.37 | 210.91 | 8.68 | 52.69 | 56.77 | 17.54 | 97.05 | 127.92 | 0.97 | 37.68 | 139.75 | 20.82 | 88.77 |
| 21Q2 (10) | 0.47 | 9.3 | -27.69 | 1.88 | -6.93 | -22.31 | 194.06 | -8.59 | 38.86 | 48.30 | 7.21 | 28.53 | 126.69 | -12.1 | 42.99 | 115.67 | 2.16 | 30.36 |
| 21Q1 (9) | 0.43 | -29.51 | 30.3 | 2.02 | -36.68 | 59.06 | 212.30 | 42.16 | -23.39 | 45.05 | 57.79 | -36.96 | 144.13 | 39.07 | -15.34 | 113.22 | 52.48 | -36.52 |
| 20Q4 (8) | 0.61 | -7.58 | 19.61 | 3.19 | 0.95 | 22.22 | 149.34 | 8.12 | -16.48 | 28.55 | -0.9 | -17.98 | 103.64 | 11.55 | 3.8 | 74.25 | 0.3 | -34.74 |
| 20Q3 (7) | 0.66 | 1.54 | 40.43 | 3.16 | 30.58 | 28.46 | 138.13 | -1.16 | -29.06 | 28.81 | -23.34 | -22.03 | 92.91 | 4.86 | -2.94 | 74.03 | -16.57 | -45.54 |
| 20Q2 (6) | 0.65 | 96.97 | 30.0 | 2.42 | 90.55 | 5.68 | 139.75 | -49.57 | -22.62 | 37.58 | -47.41 | -5.36 | 88.60 | -47.96 | -8.3 | 88.73 | -50.25 | -28.27 |
| 20Q1 (5) | 0.33 | -35.29 | -29.79 | 1.27 | -51.34 | -48.37 | 277.13 | 54.99 | 44.41 | 71.46 | 105.29 | 93.03 | 170.24 | 70.5 | 68.39 | 178.35 | 56.75 | 39.52 |
| 19Q4 (4) | 0.51 | 8.51 | 0.0 | 2.61 | 6.1 | 0.0 | 178.81 | -8.17 | 0.0 | 34.81 | -5.79 | 0.0 | 99.85 | 4.31 | 0.0 | 113.78 | -16.3 | 0.0 |
| 19Q3 (3) | 0.47 | -6.0 | 0.0 | 2.46 | 7.42 | 0.0 | 194.71 | 7.81 | 0.0 | 36.95 | -6.95 | 0.0 | 95.72 | -0.93 | 0.0 | 135.94 | 9.89 | 0.0 |
| 19Q2 (2) | 0.50 | 6.38 | 0.0 | 2.29 | -6.91 | 0.0 | 180.61 | -5.89 | 0.0 | 39.71 | 7.27 | 0.0 | 96.62 | -4.43 | 0.0 | 123.70 | -3.23 | 0.0 |
| 19Q1 (1) | 0.47 | 0.0 | 0.0 | 2.46 | 0.0 | 0.0 | 191.91 | 0.0 | 0.0 | 37.02 | 0.0 | 0.0 | 101.10 | 0.0 | 0.0 | 127.83 | 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) | 1.82 | -7.14 | 7.35 | -4.79 | 200.42 | 7.68 | 49.67 | 5.03 | 131.64 | 19.85 | 118.44 | -4.16 |
| 2022 (9) | 1.96 | 1.03 | 7.72 | -7.21 | 186.13 | -1.17 | 47.29 | 7.82 | 109.84 | -13.05 | 123.58 | 16.74 |
| 2021 (8) | 1.94 | -6.28 | 8.32 | -16.72 | 188.33 | 6.96 | 43.86 | 20.07 | 126.33 | 3.26 | 105.86 | 17.28 |
| 2020 (7) | 2.07 | 15.0 | 9.99 | 6.73 | 176.07 | -13.26 | 36.53 | -6.33 | 122.34 | 5.5 | 90.26 | -28.38 |
| 2019 (6) | 1.80 | -17.05 | 9.36 | -8.5 | 202.99 | 20.63 | 39.00 | 9.27 | 115.96 | 15.43 | 126.03 | 21.77 |
| 2018 (5) | 2.17 | 27.65 | 10.23 | 14.94 | 168.27 | -21.72 | 35.69 | -13.01 | 100.46 | -14.9 | 103.50 | -24.97 |
| 2017 (4) | 1.70 | 314.63 | 8.90 | 137.33 | 214.96 | -76.02 | 41.03 | -57.86 | 118.05 | -63.0 | 137.94 | -79.56 |
| 2016 (3) | 0.41 | 0 | 3.75 | 0 | 896.54 | 0 | 97.36 | 0 | 319.07 | 0 | 674.83 | 0 |
