- 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) | 3.77 | -9.81 | 32.28 | 3.67 | 68.35 | 2.23 | 24.12 | 10.79 | -24.34 | 24.83 | -40.61 | -2.17 | 30.50 | -5.48 | 14.96 | 18.45 | -41.07 | -39.96 |
| 23Q3 (19) | 4.18 | -1.65 | 13.59 | 2.18 | -1.36 | -24.04 | 21.77 | 1.63 | -11.97 | 41.81 | 1.73 | 31.85 | 32.27 | -5.89 | 60.31 | 31.31 | 10.91 | -13.77 |
| 23Q2 (18) | 4.25 | 203.57 | 21.78 | 2.21 | 60.14 | -47.38 | 21.42 | -66.93 | -17.87 | 41.10 | -37.71 | 89.84 | 34.29 | -57.19 | 28.0 | 28.23 | -44.28 | 34.81 |
| 23Q1 (17) | 1.40 | -50.88 | -6.04 | 1.38 | -61.56 | -73.61 | 64.78 | 103.2 | 5.85 | 65.98 | 159.97 | 278.98 | 80.10 | 201.92 | 32.51 | 50.66 | 64.86 | 178.96 |
| 22Q4 (16) | 2.85 | -22.55 | -1.72 | 3.59 | 25.09 | -69.34 | 31.88 | 28.91 | 1.5 | 25.38 | -19.96 | 226.64 | 26.53 | 31.79 | 10.73 | 30.73 | -15.37 | 101.91 |
| 22Q3 (15) | 3.68 | 5.44 | 13.58 | 2.87 | -31.67 | -56.97 | 24.73 | -5.18 | -12.02 | 31.71 | 46.47 | 132.65 | 20.13 | -24.86 | -37.05 | 36.31 | 73.4 | 271.65 |
| 22Q2 (14) | 3.49 | 134.23 | 17.51 | 4.20 | -19.69 | -39.13 | 26.08 | -57.39 | -14.88 | 21.65 | 24.35 | 64.14 | 26.79 | -55.68 | -48.58 | 20.94 | 15.31 | 353.2 |
| 22Q1 (13) | 1.49 | -48.62 | -28.02 | 5.23 | -55.34 | -6.77 | 61.20 | 94.84 | 39.47 | 17.41 | 124.07 | 7.27 | 60.45 | 152.3 | -20.71 | 18.16 | 19.32 | 212.59 |
| 21Q4 (12) | 2.90 | -10.49 | -8.23 | 11.71 | 75.56 | 40.24 | 31.41 | 11.74 | 9.18 | 7.77 | -42.99 | -28.65 | 23.96 | -25.08 | -48.9 | 15.22 | 55.78 | 310.51 |
| 21Q3 (11) | 3.24 | 9.09 | -9.5 | 6.67 | -3.33 | 1.68 | 28.11 | -8.26 | 10.63 | 13.63 | 3.34 | -1.73 | 31.98 | -38.62 | -24.06 | 9.77 | 218.14 | 445.23 |
| 21Q2 (10) | 2.97 | 43.48 | 2.06 | 6.90 | 22.99 | 30.93 | 30.64 | -30.17 | -2.08 | 13.19 | -18.73 | -23.62 | 52.10 | -31.66 | 42.43 | -8.27 | 48.73 | -169.09 |
| 21Q1 (9) | 2.07 | -34.49 | 47.86 | 5.61 | -32.81 | 50.0 | 43.88 | 52.52 | -32.71 | 16.23 | 49.04 | -33.29 | 76.24 | 62.59 | -7.37 | -16.13 | -123.1 | -323.1 |
| 20Q4 (8) | 3.16 | -11.73 | 39.21 | 8.35 | 27.29 | -19.25 | 28.77 | 13.22 | -28.31 | 10.89 | -21.49 | 23.75 | 46.89 | 11.35 | 16.24 | -7.23 | -155.48 | -184.17 |
| 20Q3 (7) | 3.58 | 23.02 | 44.94 | 6.56 | 24.48 | -49.19 | 25.41 | -18.79 | -31.06 | 13.87 | -19.69 | 96.74 | 42.11 | 15.12 | -14.32 | -2.83 | -123.64 | 45.99 |
| 20Q2 (6) | 2.91 | 107.86 | -7.03 | 5.27 | 40.91 | -91.03 | 31.29 | -52.02 | 7.79 | 17.27 | -29.02 | 1014.19 | 36.58 | -55.56 | -18.53 | 11.97 | 65.56 | 183.65 |
| 20Q1 (5) | 1.40 | -38.33 | -9.68 | 3.74 | -63.83 | -94.85 | 65.21 | 62.5 | 11.34 | 24.33 | 176.48 | 1846.4 | 82.31 | 104.04 | 45.66 | 7.23 | -15.83 | 118.43 |
| 19Q4 (4) | 2.27 | -8.1 | 0.0 | 10.34 | -19.91 | 0.0 | 40.13 | 8.87 | 0.0 | 8.80 | 24.82 | 0.0 | 40.34 | -17.92 | 0.0 | 8.59 | 263.93 | 0.0 |
| 19Q3 (3) | 2.47 | -21.09 | 0.0 | 12.91 | -78.03 | 0.0 | 36.86 | 26.97 | 0.0 | 7.05 | 354.84 | 0.0 | 49.15 | 9.47 | 0.0 | -5.24 | 63.38 | 0.0 |
| 19Q2 (2) | 3.13 | 101.94 | 0.0 | 58.75 | -19.09 | 0.0 | 29.03 | -50.44 | 0.0 | 1.55 | 24.0 | 0.0 | 44.90 | -20.55 | 0.0 | -14.31 | -532.33 | 0.0 |
| 19Q1 (1) | 1.55 | 0.0 | 0.0 | 72.61 | 0.0 | 0.0 | 58.57 | 0.0 | 0.0 | 1.25 | 0.0 | 0.0 | 56.51 | 0.0 | 0.0 | 3.31 | 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) | 7.01 | 14.92 | 9.43 | -39.12 | 52.10 | -12.96 | 38.72 | 64.28 | 63.75 | 15.66 | 27.07 | -4.35 |
| 2022 (9) | 6.10 | -11.08 | 15.49 | -51.55 | 59.86 | 12.54 | 23.57 | 106.39 | 55.12 | -8.48 | 28.30 | 547.6 |
| 2021 (8) | 6.86 | 5.54 | 31.97 | 34.89 | 53.19 | -5.25 | 11.42 | -25.84 | 60.23 | -18.01 | 4.37 | 0 |
| 2020 (7) | 6.50 | 21.04 | 23.70 | -42.21 | 56.14 | -17.36 | 15.40 | 73.03 | 73.46 | 13.05 | -1.93 | 0 |
| 2019 (6) | 5.37 | 62.24 | 41.01 | -62.27 | 67.93 | -38.37 | 8.90 | 164.88 | 64.98 | 1.82 | 11.86 | -76.17 |
| 2018 (5) | 3.31 | 36.78 | 108.69 | 17.8 | 110.23 | -27.0 | 3.36 | -15.15 | 63.82 | -21.92 | 49.77 | -32.03 |
| 2017 (4) | 2.42 | 1.26 | 92.27 | -59.74 | 151.01 | -1.23 | 3.96 | 149.06 | 81.74 | 5.38 | 73.22 | -4.8 |
| 2016 (3) | 2.39 | 0.42 | 229.18 | 33.63 | 152.89 | -0.33 | 1.59 | -25.35 | 77.57 | 8.87 | 76.91 | -8.73 |
| 2015 (2) | 2.38 | 11.74 | 171.50 | 85.87 | 153.39 | -10.57 | 2.13 | -46.21 | 71.25 | -4.85 | 84.27 | -16.23 |
| 2014 (1) | 2.13 | 12.11 | 92.27 | 60.72 | 171.52 | -10.66 | 3.96 | -37.74 | 74.88 | 29.1 | 100.60 | -28.32 |
