- 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) | 2.61 | 29.21 | -54.69 | 0.95 | -24.6 | -15.93 | 34.90 | -22.65 | 121.03 | 95.45 | 32.53 | 18.42 | 40.13 | 34.98 | 49.68 | 90.22 | 3.2 | 29.66 |
| 23Q3 (19) | 2.02 | -36.48 | -12.55 | 1.26 | 21.15 | 88.06 | 45.12 | 57.54 | 14.52 | 72.02 | -17.78 | -47.32 | 29.73 | 20.66 | -59.17 | 87.42 | -4.55 | -15.37 |
| 23Q2 (18) | 3.18 | -10.17 | 30.33 | 1.04 | 40.54 | 18.18 | 28.64 | 11.4 | -23.3 | 87.59 | -28.54 | -15.12 | 24.64 | 4.45 | -57.76 | 91.59 | -26.55 | 11.42 |
| 23Q1 (17) | 3.54 | -38.54 | 42.17 | 0.74 | -34.51 | -51.63 | 25.71 | 62.82 | -29.77 | 122.58 | 52.08 | 106.71 | 23.59 | -12.01 | 14.68 | 124.69 | 79.2 | 65.5 |
| 22Q4 (16) | 5.76 | 149.35 | 29.44 | 1.13 | 68.66 | -60.07 | 15.79 | -59.92 | -22.83 | 80.60 | -41.05 | 150.23 | 26.81 | -63.18 | 143.51 | 69.58 | -32.64 | 67.02 |
| 22Q3 (15) | 2.31 | -5.33 | -52.27 | 0.67 | -23.86 | -67.32 | 39.40 | 5.52 | 109.69 | 136.72 | 32.49 | 208.21 | 72.82 | 24.82 | 517.12 | 103.30 | 25.67 | 101.17 |
| 22Q2 (14) | 2.44 | -2.01 | -58.99 | 0.88 | -42.48 | -59.63 | 37.34 | 1.99 | 143.89 | 103.19 | 74.01 | 146.98 | 58.34 | 183.62 | 369.35 | 82.20 | 9.11 | 84.06 |
| 22Q1 (13) | 2.49 | -44.04 | -35.32 | 1.53 | -45.94 | -7.83 | 36.61 | 78.93 | 55.0 | 59.30 | 84.1 | 7.88 | 20.57 | 86.83 | 27.76 | 75.34 | 80.84 | 20.56 |
| 21Q4 (12) | 4.45 | -8.06 | -17.59 | 2.83 | 38.05 | 51.34 | 20.46 | 8.89 | 21.35 | 32.21 | -27.39 | -33.77 | 11.01 | -6.69 | 37.8 | 41.66 | -18.87 | -27.55 |
| 21Q3 (11) | 4.84 | -18.66 | 61.87 | 2.05 | -5.96 | 41.38 | 18.79 | 22.73 | -38.31 | 44.36 | 6.18 | -29.26 | 11.80 | -5.07 | 194.26 | 51.35 | 14.98 | -42.41 |
| 21Q2 (10) | 5.95 | 54.55 | 7337.5 | 2.18 | 31.33 | 153.49 | 15.31 | -35.18 | -98.67 | 41.78 | -23.99 | -60.56 | 12.43 | -22.8 | -50.36 | 44.66 | -28.53 | -96.39 |
| 21Q1 (9) | 3.85 | -28.7 | 1066.67 | 1.66 | -11.23 | 104.94 | 23.62 | 40.09 | -91.43 | 54.97 | 13.04 | -50.94 | 16.10 | 101.5 | -62.86 | 62.49 | 8.68 | -81.84 |
| 20Q4 (8) | 5.40 | 80.6 | 1250.0 | 1.87 | 28.97 | 196.83 | 16.86 | -44.65 | -92.6 | 48.63 | -22.45 | -66.1 | 7.99 | 99.25 | -91.09 | 57.50 | -35.51 | -79.58 |
| 20Q3 (7) | 2.99 | 3637.5 | 34.08 | 1.45 | 68.6 | -45.49 | 30.46 | -97.36 | -25.36 | 62.71 | -40.79 | 83.47 | 4.01 | -83.99 | -80.83 | 89.16 | -92.79 | 64.9 |
| 20Q2 (6) | 0.08 | -75.76 | -94.87 | 0.86 | 6.17 | -54.26 | 1155.32 | 319.41 | 1884.74 | 105.92 | -5.46 | 118.89 | 25.04 | -42.24 | 181.66 | 1236.20 | 259.2 | 1165.17 |
| 20Q1 (5) | 0.33 | -17.5 | -71.05 | 0.81 | 28.57 | -51.2 | 275.46 | 20.87 | 245.02 | 112.04 | -21.91 | 104.56 | 43.35 | -51.68 | 578.4 | 344.15 | 22.19 | 168.41 |
| 19Q4 (4) | 0.40 | -82.06 | 0.0 | 0.63 | -76.32 | 0.0 | 227.90 | 458.44 | 0.0 | 143.47 | 319.75 | 0.0 | 89.71 | 328.82 | 0.0 | 281.65 | 420.9 | 0.0 |
| 19Q3 (3) | 2.23 | 42.95 | 0.0 | 2.66 | 41.49 | 0.0 | 40.81 | -29.89 | 0.0 | 34.18 | -29.37 | 0.0 | 20.92 | 135.32 | 0.0 | 54.07 | -44.66 | 0.0 |
| 19Q2 (2) | 1.56 | 36.84 | 0.0 | 1.88 | 13.25 | 0.0 | 58.21 | -27.09 | 0.0 | 48.39 | -11.65 | 0.0 | 8.89 | 39.12 | 0.0 | 97.71 | -23.8 | 0.0 |
| 19Q1 (1) | 1.14 | 0.0 | 0.0 | 1.66 | 0.0 | 0.0 | 79.84 | 0.0 | 0.0 | 54.77 | 0.0 | 0.0 | 6.39 | 0.0 | 0.0 | 128.22 | 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) | 15.91 | 21.82 | 4.55 | 2.94 | 22.94 | -17.92 | 80.14 | -2.93 | 24.43 | 23.88 | 78.65 | -13.37 |
| 2022 (9) | 13.06 | -4.95 | 4.42 | -38.61 | 27.95 | 5.19 | 82.56 | 62.87 | 19.72 | 19.73 | 90.79 | 49.37 |
| 2021 (8) | 13.74 | 424.43 | 7.20 | 65.52 | 26.57 | -80.89 | 50.69 | -39.6 | 16.47 | -41.05 | 60.78 | -68.84 |
| 2020 (7) | 2.62 | -49.13 | 4.35 | 1.4 | 139.07 | 96.32 | 83.93 | -1.41 | 27.94 | 51.03 | 195.06 | 41.89 |
| 2019 (6) | 5.15 | 322.13 | 4.29 | 44.44 | 70.84 | -76.24 | 85.13 | -30.76 | 18.50 | -57.41 | 137.47 | -63.6 |
| 2018 (5) | 1.22 | -68.96 | 2.97 | -33.85 | 298.20 | 220.85 | 122.95 | 51.34 | 43.44 | -20.24 | 377.71 | 215.49 |
| 2017 (4) | 3.93 | -44.49 | 4.49 | -30.39 | 92.94 | 80.33 | 81.24 | 43.53 | 54.46 | 27.12 | 119.72 | 83.31 |
| 2016 (3) | 7.08 | 119.88 | 6.45 | 12.96 | 51.54 | -54.51 | 56.60 | -11.4 | 42.84 | 8.59 | 65.31 | -52.58 |
| 2015 (2) | 3.22 | 21.05 | 5.71 | 73.03 | 113.31 | -17.39 | 63.88 | -42.26 | 39.45 | -14.74 | 137.74 | -31.65 |
| 2014 (1) | 2.66 | -26.52 | 3.30 | 56.4 | 137.16 | 35.94 | 110.64 | -35.93 | 46.27 | -14.44 | 201.53 | -8.19 |
