- 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) | 5.75 | 28.64 | 25.0 | 0.93 | 13.41 | 4.49 | 15.84 | -22.24 | -19.92 | 97.61 | -12.16 | -4.36 | 88.56 | -7.14 | -3.01 | 24.88 | -31.14 | -18.53 |
| 23Q3 (19) | 4.47 | 0.9 | 28.82 | 0.82 | -4.65 | -18.0 | 20.37 | -0.78 | -22.31 | 111.12 | 5.06 | 21.87 | 95.37 | 2.05 | -4.11 | 36.13 | 9.98 | 101.39 |
| 23Q2 (18) | 4.43 | -10.32 | -4.32 | 0.86 | 13.16 | -38.57 | 20.53 | 11.39 | 4.43 | 105.77 | -11.45 | 62.45 | 93.45 | -16.62 | -3.6 | 32.85 | 27.37 | 370.15 |
| 23Q1 (17) | 4.94 | 7.39 | 21.67 | 0.76 | -14.61 | -28.3 | 18.43 | -6.83 | -17.83 | 119.45 | 17.04 | 39.09 | 112.08 | 22.75 | 13.26 | 25.79 | -15.55 | 176.12 |
| 22Q4 (16) | 4.60 | 32.56 | -6.5 | 0.89 | -11.0 | -25.83 | 19.78 | -24.56 | 6.92 | 102.06 | 11.93 | 34.45 | 91.31 | -8.19 | 5.7 | 30.54 | 70.23 | 280.8 |
| 22Q3 (15) | 3.47 | -25.05 | -8.2 | 1.00 | -28.57 | -13.79 | 26.22 | 33.37 | 9.02 | 91.18 | 40.04 | 16.45 | 99.46 | 2.6 | -19.6 | 17.94 | 247.53 | 183.95 |
| 22Q2 (14) | 4.63 | 14.04 | 51.8 | 1.40 | 32.08 | 2.19 | 19.66 | -12.35 | -34.05 | 65.11 | -24.18 | -1.97 | 96.94 | -2.04 | -10.27 | -12.16 | -230.19 | -2.96 |
| 22Q1 (13) | 4.06 | -17.48 | 52.63 | 1.06 | -11.67 | 15.22 | 22.43 | 21.24 | -34.45 | 85.88 | 13.13 | -12.99 | 98.96 | 14.55 | -34.65 | 9.34 | 16.46 | 150.46 |
| 21Q4 (12) | 4.92 | 30.16 | 36.67 | 1.20 | 3.45 | 11.11 | 18.50 | -23.08 | -26.73 | 75.91 | -3.05 | -10.12 | 86.39 | -30.17 | -17.09 | 8.02 | 137.53 | 45.55 |
| 21Q3 (11) | 3.78 | 23.93 | 75.0 | 1.16 | -15.33 | 39.76 | 24.05 | -19.32 | -42.85 | 78.30 | 17.89 | -28.18 | 123.71 | 14.5 | 4.88 | -21.37 | -80.95 | -164.46 |
| 21Q2 (10) | 3.05 | 14.66 | -26.68 | 1.37 | 48.91 | 6.2 | 29.81 | -12.89 | 36.37 | 66.42 | -32.71 | -5.73 | 108.04 | -28.65 | 7.21 | -11.81 | 36.2 | -39.93 |
| 21Q1 (9) | 2.66 | -26.11 | -63.91 | 0.92 | -14.81 | -11.54 | 34.22 | 35.52 | 177.09 | 98.70 | 16.86 | 13.03 | 151.43 | 45.33 | 22.91 | -18.51 | -435.93 | 21.33 |
| 20Q4 (8) | 3.60 | 66.67 | -41.46 | 1.08 | 30.12 | -3.57 | 25.25 | -40.0 | 70.72 | 84.46 | -22.53 | 4.13 | 104.20 | -11.66 | 10.63 | 5.51 | -83.38 | 220.35 |
| 20Q3 (7) | 2.16 | -48.08 | -27.52 | 0.83 | -35.66 | 80.43 | 42.08 | 92.5 | 37.79 | 109.02 | 54.73 | -44.64 | 117.95 | 17.05 | -0.16 | 33.15 | 492.77 | -69.68 |
| 20Q2 (6) | 4.16 | -43.55 | 26.83 | 1.29 | 24.04 | 214.63 | 21.86 | 77.0 | -21.28 | 70.46 | -19.31 | -67.98 | 100.77 | -18.21 | 7.75 | -8.44 | 64.13 | -105.47 |
| 20Q1 (5) | 7.37 | 19.84 | 241.2 | 1.04 | -7.14 | 173.68 | 12.35 | -16.5 | -70.64 | 87.32 | 7.66 | -63.12 | 123.20 | 30.8 | 15.81 | -23.53 | -1468.02 | -113.65 |
| 19Q4 (4) | 6.15 | 106.38 | 0.0 | 1.12 | 143.48 | 0.0 | 14.79 | -51.57 | 0.0 | 81.11 | -58.81 | 0.0 | 94.19 | -20.27 | 0.0 | 1.72 | -98.43 | 0.0 |
| 19Q3 (3) | 2.98 | -9.15 | 0.0 | 0.46 | 12.2 | 0.0 | 30.54 | 9.97 | 0.0 | 196.92 | -10.52 | 0.0 | 118.14 | 26.33 | 0.0 | 109.32 | -29.16 | 0.0 |
| 19Q2 (2) | 3.28 | 51.85 | 0.0 | 0.41 | 7.89 | 0.0 | 27.77 | -33.98 | 0.0 | 220.06 | -7.06 | 0.0 | 93.52 | -12.09 | 0.0 | 154.31 | -10.51 | 0.0 |
| 19Q1 (1) | 2.16 | 0.0 | 0.0 | 0.38 | 0.0 | 0.0 | 42.06 | 0.0 | 0.0 | 236.77 | 0.0 | 0.0 | 106.38 | 0.0 | 0.0 | 172.44 | 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) | 19.85 | 16.01 | 3.33 | -3.76 | 18.39 | -13.78 | 109.75 | 3.94 | 105.14 | 2.8 | 23.01 | -6.65 |
| 2022 (9) | 17.11 | 24.8 | 3.46 | -1.98 | 21.33 | -19.9 | 105.59 | 2.11 | 102.28 | -16.15 | 24.65 | 205.45 |
| 2021 (8) | 13.71 | -35.27 | 3.53 | -10.63 | 26.63 | 54.56 | 103.41 | 11.78 | 121.98 | -0.23 | 8.07 | 0 |
| 2020 (7) | 21.18 | 115.68 | 3.95 | 90.82 | 17.23 | -53.63 | 92.51 | -47.5 | 122.26 | 0.01 | -12.52 | 0 |
| 2019 (6) | 9.82 | 88.85 | 2.07 | 56.82 | 37.16 | -47.11 | 176.20 | -36.44 | 122.25 | 2.13 | 91.11 | -60.0 |
| 2018 (5) | 5.20 | 85.71 | 1.32 | -15.92 | 70.26 | -46.06 | 277.22 | 19.57 | 119.70 | -13.82 | 227.77 | 2.05 |
| 2017 (4) | 2.80 | -19.08 | 1.57 | -65.87 | 130.25 | 23.55 | 231.84 | 192.51 | 138.89 | 24.65 | 223.19 | 204.65 |
| 2016 (3) | 3.46 | 11.97 | 4.60 | 13.58 | 105.42 | -10.74 | 79.26 | -12.05 | 111.42 | -26.16 | 73.26 | 27.81 |
| 2015 (2) | 3.09 | -5.79 | 4.05 | -40.96 | 118.10 | 6.26 | 90.12 | 69.27 | 150.89 | 21.14 | 57.32 | 43.95 |
| 2014 (1) | 3.28 | 30.68 | 6.86 | 78.65 | 111.14 | -23.53 | 53.24 | -44.01 | 124.56 | -7.81 | 39.82 | -62.19 |
