- 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) | 3.22 | 76.92 | 67.71 | 2.10 | 46.85 | 90.91 | 28.29 | -43.49 | -40.42 | 43.24 | -32.17 | -47.6 | 13.65 | 1.71 | -22.04 | 57.87 | -42.36 | -48.56 |
| 23Q3 (19) | 1.82 | -46.15 | 8.33 | 1.43 | -7.14 | 37.5 | 50.06 | 85.96 | -7.47 | 63.75 | 8.09 | -26.93 | 13.42 | -10.47 | -34.98 | 100.40 | 41.59 | -16.83 |
| 23Q2 (18) | 3.38 | 67.33 | 36.29 | 1.54 | 52.48 | 60.42 | 26.92 | -40.15 | -26.61 | 58.98 | -34.8 | -37.55 | 14.99 | -36.19 | -36.27 | 70.91 | -36.65 | -34.1 |
| 23Q1 (17) | 2.02 | 5.21 | -11.4 | 1.01 | -8.18 | 29.49 | 44.98 | -5.27 | 12.53 | 90.46 | 9.62 | -22.48 | 23.49 | 34.15 | -25.95 | 111.94 | -0.49 | -10.41 |
| 22Q4 (16) | 1.92 | 14.29 | -7.69 | 1.10 | 5.77 | -2.65 | 47.48 | -12.24 | 8.3 | 82.52 | -5.42 | 2.38 | 17.51 | -15.16 | -32.03 | 112.49 | -6.81 | 14.01 |
| 22Q3 (15) | 1.68 | -32.26 | -21.86 | 1.04 | 8.33 | 0.0 | 54.10 | 47.49 | 27.68 | 87.25 | -7.61 | -0.3 | 20.64 | -12.24 | -28.38 | 120.71 | 12.18 | 19.44 |
| 22Q2 (14) | 2.48 | 8.77 | 77.14 | 0.96 | 23.08 | 5.49 | 36.68 | -8.23 | -43.46 | 94.44 | -19.07 | -5.57 | 23.52 | -25.85 | -43.41 | 107.60 | -13.89 | -12.75 |
| 22Q1 (13) | 2.28 | 9.62 | -38.21 | 0.78 | -30.97 | -32.17 | 39.97 | -8.83 | 62.28 | 116.69 | 44.78 | 47.5 | 31.72 | 23.14 | -19.1 | 124.95 | 26.63 | 93.63 |
| 21Q4 (12) | 2.08 | -3.26 | -10.73 | 1.13 | 8.65 | -36.52 | 43.84 | 3.47 | 12.09 | 80.60 | -7.9 | 57.98 | 25.76 | -10.62 | -12.65 | 98.67 | -2.36 | 62.71 |
| 21Q3 (11) | 2.15 | 53.57 | 4.37 | 1.04 | 14.29 | -40.23 | 42.37 | -34.68 | -4.16 | 87.51 | -12.5 | 66.94 | 28.82 | -30.65 | -4.92 | 101.06 | -18.06 | 52.41 |
| 21Q2 (10) | 1.40 | -62.06 | -73.73 | 0.91 | -20.87 | -58.26 | 64.87 | 163.38 | 280.25 | 100.01 | 26.42 | 140.0 | 41.56 | 5.99 | 112.15 | 123.33 | 91.12 | 215.1 |
| 21Q1 (9) | 3.69 | 58.37 | 288.42 | 1.15 | -35.39 | 6.48 | 24.63 | -37.02 | -74.16 | 79.11 | 55.06 | -6.08 | 39.21 | 32.96 | -0.03 | 64.53 | 6.41 | -54.02 |
| 20Q4 (8) | 2.33 | 13.11 | 27.32 | 1.78 | 2.3 | 35.88 | 39.11 | -11.54 | -21.29 | 51.02 | -2.67 | -26.83 | 29.49 | -2.71 | -30.4 | 60.64 | -8.55 | -21.3 |
| 20Q3 (7) | 2.06 | -61.35 | 79.13 | 1.74 | -20.18 | 65.71 | 44.21 | 159.14 | -43.91 | 52.42 | 25.8 | -39.55 | 30.31 | 54.72 | -46.51 | 66.31 | 69.42 | -39.09 |
| 20Q2 (6) | 5.33 | 461.05 | 239.49 | 2.18 | 101.85 | 96.4 | 17.06 | -82.1 | -70.48 | 41.67 | -50.53 | -49.09 | 19.59 | -50.05 | -48.86 | 39.14 | -72.11 | -61.37 |
| 20Q1 (5) | 0.95 | -48.09 | -27.48 | 1.08 | -17.56 | 50.0 | 95.32 | 91.83 | 37.07 | 84.23 | 20.79 | -33.39 | 39.22 | -7.43 | -41.09 | 140.33 | 82.13 | 8.44 |
| 19Q4 (4) | 1.83 | 59.13 | 0.0 | 1.31 | 24.76 | 0.0 | 49.69 | -36.96 | 0.0 | 69.73 | -19.59 | 0.0 | 42.37 | -25.22 | 0.0 | 77.05 | -29.23 | 0.0 |
| 19Q3 (3) | 1.15 | -26.75 | 0.0 | 1.05 | -5.41 | 0.0 | 78.82 | 36.39 | 0.0 | 86.72 | 5.95 | 0.0 | 56.66 | 47.9 | 0.0 | 108.87 | 7.44 | 0.0 |
| 19Q2 (2) | 1.57 | 19.85 | 0.0 | 1.11 | 54.17 | 0.0 | 57.79 | -16.9 | 0.0 | 81.85 | -35.27 | 0.0 | 38.31 | -42.46 | 0.0 | 101.33 | -21.7 | 0.0 |
| 19Q1 (1) | 1.31 | 0.0 | 0.0 | 0.72 | 0.0 | 0.0 | 69.54 | 0.0 | 0.0 | 126.45 | 0.0 | 0.0 | 66.58 | 0.0 | 0.0 | 129.41 | 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) | 10.87 | 48.09 | 5.73 | 42.18 | 33.57 | -32.52 | 63.75 | -29.64 | 17.15 | -25.85 | 80.18 | -31.61 |
| 2022 (9) | 7.34 | -6.38 | 4.03 | -18.26 | 49.75 | 6.85 | 90.61 | 22.45 | 23.13 | -15.06 | 117.24 | 25.62 |
| 2021 (8) | 7.84 | 0.77 | 4.93 | -27.39 | 46.56 | -0.7 | 74.00 | 37.73 | 27.23 | 9.89 | 93.33 | 23.05 |
| 2020 (7) | 7.78 | 53.75 | 6.79 | 53.27 | 46.89 | -35.02 | 53.73 | -34.74 | 24.78 | -45.69 | 75.85 | -30.32 |
| 2019 (6) | 5.06 | 43.34 | 4.43 | 19.73 | 72.16 | -30.14 | 82.33 | -16.52 | 45.63 | -0.24 | 108.86 | -30.29 |
| 2018 (5) | 3.53 | -35.35 | 3.70 | 0.0 | 103.29 | 54.63 | 98.62 | 0.04 | 45.74 | 41.65 | 156.17 | 17.33 |
| 2017 (4) | 5.46 | -9.6 | 3.70 | -15.72 | 66.80 | 10.52 | 98.58 | 18.63 | 32.29 | -32.01 | 133.10 | 38.56 |
| 2016 (3) | 6.04 | 42.79 | 4.39 | -15.41 | 60.44 | -29.91 | 83.10 | 18.11 | 47.49 | -18.46 | 96.06 | -2.34 |
| 2015 (2) | 4.23 | -5.58 | 5.19 | 6.35 | 86.23 | 5.93 | 70.36 | -6.01 | 58.24 | -10.41 | 98.36 | 7.8 |
| 2014 (1) | 4.48 | -56.12 | 4.88 | 46.99 | 81.40 | 127.69 | 74.86 | -31.84 | 65.01 | -34.81 | 91.24 | 99.0 |
