- 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) | 1.14 | -13.64 | -1.72 | 0.49 | -16.95 | 36.11 | 79.52 | 15.31 | 1.4 | 186.30 | 21.19 | -25.39 | 59.82 | 32.46 | -24.93 | 206.00 | 16.04 | -17.08 |
| 23Q3 (19) | 1.32 | -20.0 | 10.92 | 0.59 | 1.72 | 20.41 | 68.96 | 24.84 | -10.01 | 153.72 | -2.45 | -17.31 | 45.16 | 16.96 | -36.26 | 177.52 | 1.9 | -7.39 |
| 23Q2 (18) | 1.65 | 0.61 | 29.92 | 0.58 | 28.89 | 5.45 | 55.24 | -0.54 | -23.17 | 157.58 | -22.31 | -5.24 | 38.61 | -25.2 | -41.08 | 174.21 | -15.74 | 0.89 |
| 23Q1 (17) | 1.64 | 41.38 | 34.43 | 0.45 | 25.0 | -15.09 | 55.54 | -29.18 | -25.42 | 202.84 | -18.76 | 18.63 | 51.62 | -35.22 | -32.04 | 206.76 | -16.77 | 21.98 |
| 22Q4 (16) | 1.16 | -2.52 | 0.0 | 0.36 | -26.53 | -37.93 | 78.42 | 2.34 | -0.17 | 249.69 | 34.31 | 59.97 | 79.69 | 12.48 | 7.21 | 248.42 | 29.59 | 54.95 |
| 22Q3 (15) | 1.19 | -6.3 | -9.16 | 0.49 | -10.91 | -30.0 | 76.63 | 6.58 | 9.97 | 185.91 | 11.8 | 42.99 | 70.85 | 8.12 | 22.62 | 191.69 | 11.02 | 35.07 |
| 22Q2 (14) | 1.27 | 4.1 | -1.55 | 0.55 | 3.77 | -20.29 | 71.90 | -3.45 | 1.57 | 166.29 | -2.74 | 25.78 | 65.53 | -13.73 | 14.2 | 172.67 | 1.87 | 18.58 |
| 22Q1 (13) | 1.22 | 5.17 | 17.31 | 0.53 | -8.62 | -13.11 | 74.47 | -5.19 | -14.8 | 170.98 | 9.54 | 14.46 | 75.96 | 2.19 | 15.79 | 169.50 | 5.73 | -0.99 |
| 21Q4 (12) | 1.16 | -11.45 | -2.52 | 0.58 | -17.14 | -21.62 | 78.55 | 12.73 | 2.64 | 156.09 | 20.05 | 26.75 | 74.33 | 28.64 | 45.26 | 160.32 | 12.97 | 7.96 |
| 21Q3 (11) | 1.31 | 1.55 | 6.5 | 0.70 | 1.45 | 0.0 | 69.68 | -1.57 | -5.95 | 130.02 | -1.66 | 0.59 | 57.78 | 0.7 | 4.65 | 141.92 | -2.54 | -4.2 |
| 21Q2 (10) | 1.29 | 24.04 | -2.27 | 0.69 | 13.11 | -9.21 | 70.79 | -19.01 | 2.88 | 132.21 | -11.49 | 10.79 | 57.38 | -12.53 | 13.47 | 145.62 | -14.94 | 5.84 |
| 21Q1 (9) | 1.04 | -12.61 | -27.78 | 0.61 | -17.57 | -6.15 | 87.41 | 14.22 | 38.26 | 149.38 | 21.3 | 6.12 | 65.60 | 28.2 | 17.73 | 171.19 | 15.28 | 15.45 |
| 20Q4 (8) | 1.19 | -3.25 | -19.59 | 0.74 | 5.71 | 23.33 | 76.53 | 3.29 | 24.85 | 123.15 | -4.73 | -19.38 | 51.17 | -7.32 | -25.41 | 148.50 | 0.24 | 2.09 |
| 20Q3 (7) | 1.23 | -6.82 | -16.33 | 0.70 | -7.89 | 27.27 | 74.09 | 7.67 | 19.56 | 129.26 | 8.32 | -22.24 | 55.21 | 9.18 | -20.21 | 148.14 | 7.68 | -6.83 |
| 20Q2 (6) | 1.32 | -8.33 | -47.2 | 0.76 | 16.92 | -37.19 | 68.81 | 8.84 | -5.31 | 119.33 | -15.23 | -20.87 | 50.57 | -9.24 | -12.42 | 137.58 | -7.22 | -16.99 |
| 20Q1 (5) | 1.44 | -2.7 | 8.27 | 0.65 | 8.33 | 16.07 | 63.22 | 3.13 | -7.9 | 140.77 | -7.85 | -14.05 | 55.72 | -18.78 | -6.71 | 148.28 | 1.94 | -14.13 |
| 19Q4 (4) | 1.48 | 0.68 | 0.0 | 0.60 | 9.09 | 0.0 | 61.30 | -1.08 | 0.0 | 152.76 | -8.1 | 0.0 | 68.60 | -0.85 | 0.0 | 145.46 | -8.52 | 0.0 |
| 19Q3 (3) | 1.47 | -41.2 | 0.0 | 0.55 | -54.55 | 0.0 | 61.97 | -14.72 | 0.0 | 166.23 | 10.23 | 0.0 | 69.19 | 19.83 | 0.0 | 159.00 | -4.06 | 0.0 |
| 19Q2 (2) | 2.50 | 87.97 | 0.0 | 1.21 | 116.07 | 0.0 | 72.67 | 5.87 | 0.0 | 150.80 | -7.93 | 0.0 | 57.74 | -3.33 | 0.0 | 165.73 | -4.02 | 0.0 |
| 19Q1 (1) | 1.33 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | 68.64 | 0.0 | 0.0 | 163.78 | 0.0 | 0.0 | 59.73 | 0.0 | 0.0 | 172.68 | 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) | 6.46 | 21.89 | 2.04 | 4.08 | 56.48 | -18.06 | 178.59 | -3.92 | 49.78 | -25.7 | 185.29 | -1.34 |
| 2022 (9) | 5.30 | 14.72 | 1.96 | -23.44 | 68.93 | -12.76 | 185.87 | 30.12 | 67.00 | -1.12 | 187.81 | 21.88 |
| 2021 (8) | 4.62 | -15.07 | 2.56 | -9.86 | 79.01 | 17.73 | 142.85 | 11.34 | 67.76 | 24.1 | 154.10 | 9.45 |
| 2020 (7) | 5.44 | -10.23 | 2.84 | 29.68 | 67.11 | 11.46 | 128.30 | -22.88 | 54.60 | -14.22 | 140.80 | -13.58 |
| 2019 (6) | 6.06 | 19.76 | 2.19 | 22.35 | 60.21 | -16.51 | 166.36 | -18.37 | 63.65 | -26.29 | 162.92 | -14.06 |
| 2018 (5) | 5.06 | -0.59 | 1.79 | -18.64 | 72.12 | 0.56 | 203.80 | 22.99 | 86.35 | -2.54 | 189.57 | 27.38 |
| 2017 (4) | 5.09 | -3.6 | 2.20 | -10.57 | 71.72 | 3.7 | 165.70 | 11.67 | 88.60 | 25.69 | 148.82 | 1.2 |
| 2016 (3) | 5.28 | 0 | 2.46 | 0 | 69.16 | 0 | 148.38 | 0 | 70.49 | 0 | 147.05 | 0 |
