- 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) | 25.14 | 100.96 | -31.12 | 0.42 | -2.33 | 16.67 | 3.62 | -50.27 | 45.38 | 218.27 | 2.57 | -14.09 | 92.70 | 7.47 | 36.4 | 129.19 | -3.46 | -31.51 |
| 23Q3 (19) | 12.51 | -13.37 | -2.04 | 0.43 | 19.44 | 34.37 | 7.28 | 15.56 | 2.25 | 212.80 | -16.49 | -26.02 | 86.26 | -7.91 | -25.78 | 133.82 | -20.08 | -25.04 |
| 23Q2 (18) | 14.44 | -82.3 | -37.35 | 0.36 | 9.09 | -36.84 | 6.30 | 462.5 | 59.49 | 254.82 | -6.23 | 60.55 | 93.67 | 15.8 | 9.68 | 167.45 | -12.78 | 116.71 |
| 23Q1 (17) | 81.57 | 123.48 | 383.52 | 0.33 | -8.33 | -46.77 | 1.12 | -55.02 | -79.22 | 271.75 | 6.95 | 84.66 | 80.89 | 19.03 | 22.56 | 191.98 | 1.78 | 121.81 |
| 22Q4 (16) | 36.50 | 185.83 | 200.16 | 0.36 | 12.5 | -21.74 | 2.49 | -65.03 | -66.76 | 254.08 | -11.66 | 28.36 | 67.96 | -41.52 | -24.4 | 188.62 | 5.65 | 63.25 |
| 22Q3 (15) | 12.77 | -44.6 | -33.52 | 0.32 | -43.86 | -33.33 | 7.12 | 80.25 | 50.21 | 287.63 | 81.22 | 52.84 | 116.22 | 36.09 | -9.36 | 178.53 | 131.05 | 175.89 |
| 22Q2 (14) | 23.05 | 36.63 | -12.16 | 0.57 | -8.06 | -35.23 | 3.95 | -26.72 | 13.83 | 158.72 | 7.86 | 54.28 | 85.40 | 29.39 | 7.87 | 77.27 | -10.72 | 184.29 |
| 22Q1 (13) | 16.87 | 38.73 | -35.83 | 0.62 | 34.78 | -4.62 | 5.39 | -28.04 | 55.78 | 147.16 | -25.65 | 4.47 | 66.00 | -26.58 | -50.78 | 86.55 | -25.09 | 744.39 |
| 21Q4 (12) | 12.16 | -36.7 | -81.71 | 0.46 | -4.17 | -68.71 | 7.49 | 58.02 | 446.72 | 197.94 | 5.18 | 220.14 | 89.89 | -29.89 | 0.68 | 115.54 | 78.55 | 543.19 |
| 21Q3 (11) | 19.21 | -26.79 | -17.98 | 0.48 | -45.45 | -70.73 | 4.74 | 36.6 | 21.85 | 188.19 | 82.92 | 239.14 | 128.22 | 61.96 | 58.87 | 64.71 | 138.08 | 403.38 |
| 21Q2 (10) | 26.24 | -0.19 | 76.7 | 0.88 | 35.38 | -28.46 | 3.47 | 0.29 | -43.39 | 102.88 | -26.97 | 38.54 | 79.17 | -40.95 | -4.98 | 27.18 | 165.17 | 1027.65 |
| 21Q1 (9) | 26.29 | -60.47 | -13.52 | 0.65 | -55.78 | -14.47 | 3.46 | 152.55 | 15.72 | 140.87 | 127.83 | 17.75 | 134.08 | 50.18 | 23.83 | 10.25 | 139.32 | -28.52 |
| 20Q4 (8) | 66.50 | 183.95 | 72.86 | 1.47 | -10.37 | 41.35 | 1.37 | -64.78 | -42.19 | 61.83 | 11.43 | -29.35 | 89.28 | 10.62 | 27.42 | -26.07 | -22.22 | -231.67 |
| 20Q3 (7) | 23.42 | 57.71 | -12.84 | 1.64 | 33.33 | 95.24 | 3.89 | -36.54 | 14.75 | 55.49 | -25.28 | -48.7 | 80.71 | -3.13 | -22.8 | -21.33 | -627.99 | -403.85 |
| 20Q2 (6) | 14.85 | -51.15 | -34.81 | 1.23 | 61.84 | 17.14 | 6.13 | 105.02 | 53.63 | 74.26 | -37.93 | -14.42 | 83.32 | -23.05 | -7.73 | -2.93 | -120.43 | -723.4 |
| 20Q1 (5) | 30.40 | -20.98 | 209.89 | 0.76 | -26.92 | -12.64 | 2.99 | 26.16 | -67.78 | 119.63 | 36.7 | 15.0 | 108.28 | 54.53 | 34.64 | 14.34 | -27.58 | -56.39 |
| 19Q4 (4) | 38.47 | 43.17 | 0.0 | 1.04 | 23.81 | 0.0 | 2.37 | -30.09 | 0.0 | 87.51 | -19.1 | 0.0 | 70.07 | -32.97 | 0.0 | 19.80 | 182.05 | 0.0 |
| 19Q3 (3) | 26.87 | 17.95 | 0.0 | 0.84 | -20.0 | 0.0 | 3.39 | -15.04 | 0.0 | 108.17 | 24.66 | 0.0 | 104.54 | 15.77 | 0.0 | 7.02 | 1393.62 | 0.0 |
| 19Q2 (2) | 22.78 | 132.21 | 0.0 | 1.05 | 20.69 | 0.0 | 3.99 | -57.0 | 0.0 | 86.77 | -16.59 | 0.0 | 90.30 | 12.29 | 0.0 | 0.47 | -98.57 | 0.0 |
| 19Q1 (1) | 9.81 | 0.0 | 0.0 | 0.87 | 0.0 | 0.0 | 9.28 | 0.0 | 0.0 | 104.03 | 0.0 | 0.0 | 80.42 | 0.0 | 0.0 | 32.88 | 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) | 184.31 | 202.94 | 1.63 | -16.84 | 1.98 | -67.0 | 224.47 | 20.53 | 76.12 | 39.39 | 150.33 | 9.23 |
| 2022 (9) | 60.84 | -10.24 | 1.96 | -30.0 | 6.00 | 11.32 | 186.23 | 43.07 | 54.61 | -45.04 | 137.63 | 280.4 |
| 2021 (8) | 67.78 | -76.67 | 2.80 | -56.25 | 5.39 | 327.78 | 130.17 | 128.13 | 99.37 | 55.1 | 36.18 | 0 |
| 2020 (7) | 290.57 | 359.62 | 6.40 | 44.47 | 1.26 | -78.16 | 57.06 | -30.8 | 64.07 | -0.68 | -5.76 | 0 |
| 2019 (6) | 63.22 | 22.14 | 4.43 | 5.73 | 5.77 | -18.16 | 82.46 | -5.35 | 64.51 | -7.72 | 23.73 | -2.18 |
| 2018 (5) | 51.76 | -37.82 | 4.19 | 16.07 | 7.05 | 60.96 | 87.12 | -13.94 | 69.91 | -30.38 | 24.26 | 366.54 |
| 2017 (4) | 83.24 | -27.92 | 3.61 | -24.95 | 4.38 | 38.61 | 101.23 | 33.37 | 100.41 | 33.95 | 5.20 | 27.14 |
| 2016 (3) | 115.48 | -40.76 | 4.81 | -14.72 | 3.16 | 68.98 | 75.90 | 17.26 | 74.96 | -9.71 | 4.09 | 0 |
| 2015 (2) | 194.92 | -29.51 | 5.64 | -9.03 | 1.87 | 41.67 | 64.73 | 9.88 | 83.02 | -5.95 | -16.41 | 0 |
| 2014 (1) | 276.53 | 307.44 | 6.20 | -22.6 | 1.32 | -75.46 | 58.91 | 29.3 | 88.27 | 13.99 | -28.04 | 0 |
