- 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) | 1.23 | -12.77 | 23.0 | 1.02 | -25.55 | 18.6 | 74.25 | 15.4 | -18.51 | 89.24 | 33.99 | -15.17 | 94.93 | 12.76 | -2.18 | 68.55 | 46.63 | -30.95 |
| 23Q3 (19) | 1.41 | -15.57 | 11.02 | 1.37 | -2.14 | 7.03 | 64.34 | 18.16 | -10.34 | 66.60 | 2.59 | -6.22 | 84.19 | 18.81 | 2.96 | 46.75 | -3.65 | -23.37 |
| 23Q2 (18) | 1.67 | -9.73 | 1.83 | 1.40 | 18.64 | 5.26 | 54.45 | 10.56 | -1.87 | 64.92 | -15.73 | -5.07 | 70.86 | 5.02 | -4.45 | 48.52 | -17.51 | -2.41 |
| 23Q1 (17) | 1.85 | 85.0 | 17.09 | 1.18 | 37.21 | 7.27 | 49.25 | -45.94 | -14.42 | 77.04 | -26.77 | -6.75 | 67.47 | -30.48 | -22.58 | 58.82 | -40.75 | 10.92 |
| 22Q4 (16) | 1.00 | -21.26 | -22.48 | 0.86 | -32.81 | -23.21 | 91.11 | 26.96 | 29.0 | 105.20 | 48.13 | 28.95 | 97.05 | 18.69 | -7.67 | 99.27 | 62.71 | 110.81 |
| 22Q3 (15) | 1.27 | -22.56 | -22.09 | 1.28 | -3.76 | -18.99 | 71.76 | 29.32 | 28.35 | 71.02 | 3.85 | 23.43 | 81.77 | 10.26 | 0.11 | 61.01 | 22.71 | 92.04 |
| 22Q2 (14) | 1.64 | 3.8 | -2.38 | 1.33 | 20.91 | -10.14 | 55.49 | -3.58 | 2.55 | 68.39 | -17.22 | 11.53 | 74.16 | -14.91 | -6.08 | 49.72 | -6.24 | 36.33 |
| 22Q1 (13) | 1.58 | 22.48 | -10.23 | 1.10 | -1.79 | -18.52 | 57.55 | -18.52 | 11.14 | 82.62 | 1.27 | 22.35 | 87.15 | -17.09 | -1.03 | 53.03 | 12.61 | 69.7 |
| 21Q4 (12) | 1.29 | -20.86 | -6.52 | 1.12 | -29.11 | -21.13 | 70.63 | 26.33 | 7.18 | 81.58 | 41.78 | 27.61 | 105.11 | 28.69 | -4.84 | 47.09 | 48.22 | 142.98 |
| 21Q3 (11) | 1.63 | -2.98 | -19.31 | 1.58 | 6.76 | -21.0 | 55.91 | 3.33 | 24.05 | 57.54 | -6.16 | 26.68 | 81.68 | 3.44 | 5.37 | 31.77 | -12.89 | 144.76 |
| 21Q2 (10) | 1.68 | -4.55 | 28.24 | 1.48 | 9.63 | 33.33 | 54.11 | 4.5 | -22.03 | 61.32 | -9.2 | -25.41 | 78.96 | -10.33 | -24.4 | 36.47 | 16.7 | -22.68 |
| 21Q1 (9) | 1.76 | 27.54 | 18.12 | 1.35 | -4.93 | 3.05 | 51.78 | -21.43 | -15.2 | 67.53 | 5.63 | -2.75 | 88.06 | -20.28 | 3.98 | 31.25 | 61.25 | -31.77 |
| 20Q4 (8) | 1.38 | -31.68 | 0.73 | 1.42 | -29.0 | -5.33 | 65.90 | 46.22 | -1.11 | 63.93 | 40.75 | 5.67 | 110.46 | 42.49 | 38.16 | 19.38 | 49.31 | -58.93 |
| 20Q3 (7) | 2.02 | 54.2 | 5.76 | 2.00 | 80.18 | -0.99 | 45.07 | -35.06 | -5.47 | 45.42 | -44.75 | 0.75 | 77.52 | -25.78 | 38.43 | 12.98 | -72.48 | -64.69 |
| 20Q2 (6) | 1.31 | -12.08 | -63.71 | 1.11 | -15.27 | -66.57 | 69.40 | 13.66 | 37.73 | 82.21 | 18.39 | 49.83 | 104.45 | 23.33 | 65.71 | 47.17 | 2.99 | 11.72 |
| 20Q1 (5) | 1.49 | 8.76 | -13.87 | 1.31 | -12.67 | -15.48 | 61.06 | -8.37 | 16.0 | 69.44 | 14.78 | 18.38 | 84.69 | 5.93 | 31.36 | 45.80 | -2.95 | -2.2 |
| 19Q4 (4) | 1.37 | -28.27 | 0.0 | 1.50 | -25.74 | 0.0 | 66.64 | 39.77 | 0.0 | 60.50 | 34.21 | 0.0 | 79.95 | 42.77 | 0.0 | 47.19 | 28.37 | 0.0 |
| 19Q3 (3) | 1.91 | -47.09 | 0.0 | 2.02 | -39.16 | 0.0 | 47.68 | -5.38 | 0.0 | 45.08 | -17.84 | 0.0 | 56.00 | -11.15 | 0.0 | 36.76 | -12.93 | 0.0 |
| 19Q2 (2) | 3.61 | 108.67 | 0.0 | 3.32 | 114.19 | 0.0 | 50.39 | -4.27 | 0.0 | 54.87 | -6.46 | 0.0 | 63.03 | -2.23 | 0.0 | 42.22 | -9.84 | 0.0 |
| 19Q1 (1) | 1.73 | 0.0 | 0.0 | 1.55 | 0.0 | 0.0 | 52.64 | 0.0 | 0.0 | 58.66 | 0.0 | 0.0 | 64.47 | 0.0 | 0.0 | 46.83 | 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) | 7.32 | -0.81 | 4.51 | -8.52 | 49.87 | 0.85 | 80.88 | 9.27 | 63.40 | -13.76 | 67.35 | 34.83 |
| 2022 (9) | 7.38 | 4.98 | 4.93 | -8.7 | 49.45 | -4.81 | 74.02 | 9.53 | 73.52 | -12.16 | 49.95 | 39.41 |
| 2021 (8) | 7.03 | 10.71 | 5.40 | 5.06 | 51.95 | -9.59 | 67.58 | -4.82 | 83.70 | -11.21 | 35.83 | 4.8 |
| 2020 (7) | 6.35 | -26.67 | 5.14 | -28.31 | 57.46 | 36.29 | 71.00 | 39.46 | 94.27 | 61.64 | 34.19 | -1.61 |
| 2019 (6) | 8.66 | 8.11 | 7.17 | 7.66 | 42.16 | -7.5 | 50.91 | -7.13 | 58.32 | 6.46 | 34.75 | -23.83 |
| 2018 (5) | 8.01 | 19.37 | 6.66 | 17.25 | 45.58 | -16.15 | 54.82 | -14.64 | 54.78 | -1.63 | 45.62 | -27.46 |
| 2017 (4) | 6.71 | 0 | 5.68 | 0 | 54.36 | 0 | 64.22 | 0 | 55.69 | 0 | 62.89 | 0 |
