- 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) | 4.05 | -16.15 | -10.0 | 3.13 | 10.6 | -24.76 | 22.48 | 19.38 | 11.29 | 29.08 | -9.66 | 33.03 | 11.96 | -23.48 | -6.42 | 39.60 | 11.9 | 35.25 |
| 23Q3 (19) | 4.83 | 2.99 | -2.03 | 2.83 | -1.05 | -37.8 | 18.83 | -2.94 | 2.11 | 32.19 | 1.29 | 61.03 | 15.63 | -2.25 | 2.09 | 35.39 | 0.57 | 53.07 |
| 23Q2 (18) | 4.69 | 22.77 | 33.24 | 2.86 | -9.49 | -39.53 | 19.40 | -18.66 | -24.89 | 31.78 | 10.46 | 65.35 | 15.99 | 17.23 | -8.73 | 35.19 | -9.72 | 27.82 |
| 23Q1 (17) | 3.82 | -15.11 | 38.91 | 3.16 | -24.04 | -42.02 | 23.85 | 18.07 | -27.9 | 28.77 | 31.61 | 72.38 | 13.64 | 6.73 | -27.49 | 38.98 | 33.13 | 25.9 |
| 22Q4 (16) | 4.50 | -8.72 | 61.29 | 4.16 | -8.57 | -32.9 | 20.20 | 9.54 | -38.13 | 21.86 | 9.35 | 48.91 | 12.78 | -16.53 | -24.65 | 29.28 | 26.64 | -3.62 |
| 22Q3 (15) | 4.93 | 40.06 | 86.74 | 4.55 | -3.81 | -21.28 | 18.44 | -28.61 | -46.41 | 19.99 | 4.01 | 27.0 | 15.31 | -12.61 | -11.71 | 23.12 | -16.02 | -29.56 |
| 22Q2 (14) | 3.52 | 28.0 | 41.37 | 4.73 | -13.21 | -36.85 | 25.83 | -21.92 | -29.27 | 19.22 | 15.16 | 58.32 | 17.52 | -6.86 | -34.63 | 27.53 | -11.08 | 25.88 |
| 22Q1 (13) | 2.75 | -1.43 | -13.52 | 5.45 | -12.1 | -18.66 | 33.08 | 1.32 | 15.62 | 16.69 | 13.69 | 22.81 | 18.81 | 10.91 | -6.46 | 30.96 | 1.91 | 40.15 |
| 21Q4 (12) | 2.79 | 5.68 | 493.62 | 6.20 | 7.27 | 507.84 | 32.65 | -5.11 | -83.09 | 14.68 | -6.73 | -83.51 | 16.96 | -2.19 | -73.92 | 30.38 | -7.43 | -86.0 |
| 21Q3 (11) | 2.64 | 6.02 | 751.61 | 5.78 | -22.83 | 483.84 | 34.41 | -5.78 | -88.46 | 15.74 | 29.65 | -82.8 | 17.34 | -35.3 | -85.83 | 32.82 | 50.07 | -87.72 |
| 21Q2 (10) | 2.49 | -21.7 | 250.7 | 7.49 | 11.79 | 450.74 | 36.52 | 27.65 | -71.55 | 12.14 | -10.67 | -81.82 | 26.80 | 33.27 | -56.95 | 21.87 | -1.0 | -83.54 |
| 21Q1 (9) | 3.18 | 576.6 | 105.16 | 6.70 | 556.86 | 296.45 | 28.61 | -85.18 | -51.26 | 13.59 | -84.73 | -74.77 | 20.11 | -69.07 | -10.22 | 22.09 | -89.82 | -75.5 |
| 20Q4 (8) | 0.47 | 51.61 | -48.35 | 1.02 | 3.03 | -37.04 | 193.07 | -35.22 | 92.67 | 89.00 | -2.74 | 58.82 | 65.02 | -46.85 | 193.15 | 217.05 | -18.78 | 61.89 |
| 20Q3 (7) | 0.31 | -56.34 | -72.32 | 0.99 | -27.21 | 5.32 | 298.06 | 132.17 | 267.84 | 91.51 | 37.03 | -5.61 | 122.34 | 96.5 | 620.07 | 267.23 | 101.09 | 65.99 |
| 20Q2 (6) | 0.71 | -54.19 | -70.54 | 1.36 | -19.53 | 97.1 | 128.38 | 118.71 | 240.71 | 66.78 | 23.99 | -49.46 | 62.26 | 177.95 | 472.24 | 132.89 | 47.38 | -16.38 |
| 20Q1 (5) | 1.55 | 70.33 | 68.48 | 1.69 | 4.32 | 244.9 | 58.70 | -41.42 | -40.95 | 53.86 | -3.89 | -71.05 | 22.40 | 0.99 | -17.28 | 90.17 | -32.74 | -65.1 |
| 19Q4 (4) | 0.91 | -18.75 | 0.0 | 1.62 | 72.34 | 0.0 | 100.21 | 23.67 | 0.0 | 56.04 | -42.2 | 0.0 | 22.18 | 30.55 | 0.0 | 134.07 | -16.72 | 0.0 |
| 19Q3 (3) | 1.12 | -53.53 | 0.0 | 0.94 | 36.23 | 0.0 | 81.03 | 115.05 | 0.0 | 96.95 | -26.63 | 0.0 | 16.99 | 56.16 | 0.0 | 160.99 | 1.3 | 0.0 |
| 19Q2 (2) | 2.41 | 161.96 | 0.0 | 0.69 | 40.82 | 0.0 | 37.68 | -62.1 | 0.0 | 132.13 | -28.97 | 0.0 | 10.88 | -59.82 | 0.0 | 158.93 | -38.48 | 0.0 |
| 19Q1 (1) | 0.92 | 0.0 | 0.0 | 0.49 | 0.0 | 0.0 | 99.41 | 0.0 | 0.0 | 186.02 | 0.0 | 0.0 | 27.08 | 0.0 | 0.0 | 258.35 | 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) | 15.46 | 12.27 | 13.31 | -26.18 | 23.62 | -10.87 | 27.43 | 35.52 | 11.33 | -18.08 | 39.71 | 20.66 |
| 2022 (9) | 13.77 | 7.49 | 18.03 | -15.87 | 26.50 | -6.95 | 20.24 | 18.78 | 13.83 | 18.41 | 32.91 | -2.75 |
| 2021 (8) | 12.81 | 165.77 | 21.43 | 357.91 | 28.48 | -62.43 | 17.04 | -78.17 | 11.68 | -62.93 | 33.84 | -72.34 |
| 2020 (7) | 4.82 | 6.4 | 4.68 | -10.17 | 75.80 | -5.91 | 78.04 | 11.44 | 31.51 | 17.93 | 122.33 | -1.24 |
| 2019 (6) | 4.53 | 287.18 | 5.21 | 111.79 | 80.56 | -74.26 | 70.03 | -52.78 | 26.72 | -37.45 | 123.87 | -70.4 |
| 2018 (5) | 1.17 | -13.97 | 2.46 | -1.2 | 312.94 | 16.9 | 148.31 | 1.28 | 42.72 | -29.75 | 418.53 | 18.45 |
| 2017 (4) | 1.36 | -37.33 | 2.49 | -52.21 | 267.70 | 59.29 | 146.44 | 109.14 | 60.81 | -47.14 | 353.33 | 187.19 |
| 2016 (3) | 2.17 | -34.44 | 5.21 | -90.11 | 168.06 | 52.39 | 70.02 | 910.39 | 115.04 | 207.84 | 123.03 | 54.1 |
| 2015 (2) | 3.31 | -9.56 | 52.69 | 238.84 | 110.28 | 10.56 | 6.93 | -70.47 | 37.37 | 17.59 | 79.84 | -12.7 |
| 2014 (1) | 3.66 | -6.63 | 15.55 | 157.45 | 99.75 | 7.27 | 23.47 | -61.17 | 31.78 | -10.73 | 91.45 | -22.39 |
