- 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) | 0.93 | 36.76 | -12.26 | 3.13 | 29.34 | 42.27 | 98.04 | -26.38 | 14.2 | 29.10 | -22.59 | -29.76 | 95.63 | -16.06 | -6.18 | 31.50 | -44.58 | 24.31 |
| 23Q3 (19) | 0.68 | 21.43 | -49.63 | 2.42 | 19.21 | 79.26 | 133.17 | -18.57 | 98.08 | 37.59 | -15.94 | -44.22 | 113.92 | -1.35 | -1.82 | 56.84 | -38.73 | 205.76 |
| 23Q2 (18) | 0.56 | 69.7 | -28.21 | 2.03 | 27.67 | 118.28 | 163.53 | -40.35 | 39.75 | 44.72 | -21.91 | -54.29 | 115.48 | -47.75 | -31.97 | 92.77 | -15.95 | 105.61 |
| 23Q1 (17) | 0.33 | -68.87 | -53.52 | 1.59 | -27.73 | -51.38 | 274.14 | 219.32 | 115.35 | 57.27 | 38.23 | 105.93 | 221.03 | 116.84 | 109.53 | 110.38 | 335.6 | 122.45 |
| 22Q4 (16) | 1.06 | -21.48 | 17.78 | 2.20 | 62.96 | -58.8 | 85.85 | 27.7 | -14.79 | 41.43 | -38.52 | 143.13 | 101.93 | -12.15 | 38.14 | 25.34 | 36.31 | -42.4 |
| 22Q3 (15) | 1.35 | 73.08 | 53.41 | 1.35 | 45.16 | -75.32 | 67.23 | -42.55 | -34.75 | 67.39 | -31.12 | 305.23 | 116.03 | -31.64 | 62.12 | 18.59 | -58.8 | -61.35 |
| 22Q2 (14) | 0.78 | 9.86 | -30.36 | 0.93 | -71.56 | -77.64 | 117.02 | -8.08 | 43.83 | 97.84 | 251.82 | 347.58 | 169.74 | 60.91 | 156.13 | 45.12 | -9.07 | 22.11 |
| 22Q1 (13) | 0.71 | -21.11 | -38.26 | 3.27 | -38.76 | 43.42 | 127.30 | 26.35 | 60.43 | 27.81 | 63.2 | -30.48 | 105.49 | 42.96 | 28.87 | 49.62 | 12.8 | 32.39 |
| 21Q4 (12) | 0.90 | 2.27 | 5.88 | 5.34 | -2.38 | 223.64 | 100.75 | -2.22 | -6.01 | 17.04 | 2.47 | -69.05 | 73.79 | 3.1 | -23.62 | 43.99 | -8.54 | -32.99 |
| 21Q3 (11) | 0.88 | -21.43 | -12.87 | 5.47 | 31.49 | 179.08 | 103.04 | 26.65 | 14.64 | 16.63 | -23.92 | -64.17 | 71.57 | 8.0 | -5.12 | 48.10 | 30.18 | -20.95 |
| 21Q2 (10) | 1.12 | -2.61 | 0.0 | 4.16 | 82.46 | 173.68 | 81.36 | 2.53 | 0.23 | 21.86 | -45.35 | -63.51 | 66.27 | -19.04 | -20.83 | 36.95 | -1.41 | -35.58 |
| 21Q1 (9) | 1.15 | 35.29 | -15.44 | 2.28 | 38.18 | 41.61 | 79.35 | -25.97 | 18.97 | 40.00 | -27.35 | -29.18 | 81.86 | -15.27 | 6.1 | 37.48 | -42.91 | -18.56 |
| 20Q4 (8) | 0.85 | -15.84 | -6.59 | 1.65 | -15.82 | -15.82 | 107.19 | 19.26 | 6.89 | 55.06 | 18.64 | 18.82 | 96.61 | 28.08 | 10.63 | 65.65 | 7.89 | 10.73 |
| 20Q3 (7) | 1.01 | -9.82 | -22.31 | 1.96 | 28.95 | -45.25 | 89.88 | 10.73 | 28.34 | 46.41 | -22.52 | 82.57 | 75.43 | -9.89 | 41.23 | 60.85 | 6.08 | 44.78 |
| 20Q2 (6) | 1.12 | -17.65 | 13.13 | 1.52 | -5.59 | -31.22 | 81.17 | 21.69 | -11.95 | 59.90 | 6.06 | 45.71 | 83.71 | 8.5 | -0.82 | 57.36 | 24.64 | 17.3 |
| 20Q1 (5) | 1.36 | 49.45 | 28.3 | 1.61 | -17.86 | -47.21 | 66.70 | -33.49 | -22.52 | 56.48 | 21.88 | 89.47 | 77.15 | -11.66 | -1.12 | 46.02 | -22.38 | 21.49 |
| 19Q4 (4) | 0.91 | -30.0 | 0.0 | 1.96 | -45.25 | 0.0 | 100.28 | 43.2 | 0.0 | 46.34 | 82.3 | 0.0 | 87.33 | 63.51 | 0.0 | 59.29 | 41.07 | 0.0 |
| 19Q3 (3) | 1.30 | 31.31 | 0.0 | 3.58 | 61.99 | 0.0 | 70.03 | -24.04 | 0.0 | 25.42 | -38.17 | 0.0 | 53.41 | -36.72 | 0.0 | 42.03 | -14.05 | 0.0 |
| 19Q2 (2) | 0.99 | -6.6 | 0.0 | 2.21 | -27.54 | 0.0 | 92.19 | 7.09 | 0.0 | 41.11 | 37.91 | 0.0 | 84.40 | 8.18 | 0.0 | 48.90 | 29.09 | 0.0 |
| 19Q1 (1) | 1.06 | 0.0 | 0.0 | 3.05 | 0.0 | 0.0 | 86.09 | 0.0 | 0.0 | 29.81 | 0.0 | 0.0 | 78.02 | 0.0 | 0.0 | 37.88 | 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) | 1.75 | -46.48 | 8.17 | -58.04 | 208.87 | 86.89 | 44.66 | 138.31 | 203.55 | 118.35 | 49.98 | 34.07 |
| 2022 (9) | 3.27 | -8.66 | 19.47 | 92.2 | 111.76 | 9.63 | 18.74 | -47.97 | 93.22 | 0.06 | 37.28 | -16.79 |
| 2021 (8) | 3.58 | -19.91 | 10.13 | 39.72 | 101.94 | 24.88 | 36.02 | -28.47 | 93.16 | 7.15 | 44.80 | -0.55 |
| 2020 (7) | 4.47 | -1.97 | 7.25 | -22.54 | 81.63 | 1.95 | 50.36 | 29.19 | 86.94 | 7.87 | 45.05 | 17.17 |
| 2019 (6) | 4.56 | 15.44 | 9.36 | -5.84 | 80.07 | -13.34 | 38.98 | 6.15 | 80.60 | 2.41 | 38.45 | -23.73 |
| 2018 (5) | 3.95 | 5.33 | 9.94 | 12.95 | 92.40 | -5.14 | 36.72 | -11.5 | 78.70 | 5.81 | 50.41 | -21.87 |
| 2017 (4) | 3.75 | 11.61 | 8.80 | -19.85 | 97.41 | -10.37 | 41.49 | 24.82 | 74.38 | -18.57 | 64.52 | 27.54 |
| 2016 (3) | 3.36 | 1.2 | 10.98 | -32.56 | 108.68 | -1.11 | 33.24 | 48.26 | 91.34 | -1.09 | 50.59 | 26.54 |
| 2015 (2) | 3.32 | -12.63 | 16.28 | -63.28 | 109.90 | 14.38 | 22.42 | 172.42 | 92.35 | 20.45 | 39.98 | 44.7 |
| 2014 (1) | 3.80 | 2.7 | 44.34 | 27.34 | 96.08 | -2.65 | 8.23 | -21.47 | 76.67 | -17.32 | 27.63 | 67.96 |
