- 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) | 5.20 | 12.8 | -61.19 | 471.32 | 45.4 | 17101.46 | 17.50 | -11.26 | 157.73 | 0.19 | -32.14 | -99.43 | 85.92 | -23.77 | -0.51 | -68.23 | 26.4 | -47.05 |
| 23Q3 (19) | 4.61 | -13.51 | 79.38 | 324.15 | 8590.35 | 13932.47 | 19.72 | 15.46 | -44.4 | 0.28 | -98.85 | -99.29 | 112.71 | 5.99 | -2.67 | -92.71 | -42.87 | -126.4 |
| 23Q2 (18) | 5.33 | -25.04 | 109.84 | 3.73 | 88.38 | 39.7 | 17.08 | 33.44 | -52.29 | 24.37 | -46.92 | -28.58 | 106.34 | -5.07 | -0.45 | -64.89 | -21.72 | -75.85 |
| 23Q1 (17) | 7.11 | -46.94 | 75.12 | 1.98 | -27.74 | 0.51 | 12.80 | 88.51 | -42.96 | 45.91 | 38.41 | -0.67 | 112.02 | 29.71 | -25.76 | -53.31 | -14.89 | 35.15 |
| 22Q4 (16) | 13.40 | 421.4 | 357.34 | 2.74 | 18.61 | -1.44 | 6.79 | -80.86 | -78.16 | 33.17 | -15.77 | 1.19 | 86.36 | -25.42 | -23.91 | -46.40 | -13.31 | 6.51 |
| 22Q3 (15) | 2.57 | 1.18 | 40.44 | 2.31 | -13.48 | 0.0 | 35.47 | -0.92 | -28.56 | 39.38 | 15.42 | 0.13 | 115.80 | 8.41 | -10.79 | -40.95 | -10.98 | -0.32 |
| 22Q2 (14) | 2.54 | -37.44 | 9.96 | 2.67 | 35.53 | -1.48 | 35.80 | 59.54 | -9.02 | 34.12 | -26.18 | 1.46 | 106.82 | -29.2 | -1.63 | -36.90 | 55.11 | -3.62 |
| 22Q1 (13) | 4.06 | 38.57 | 101.99 | 1.97 | -29.14 | -14.35 | 22.44 | -27.82 | -50.33 | 46.22 | 41.0 | 16.66 | 150.88 | 32.93 | 7.79 | -82.21 | -65.65 | -49.01 |
| 21Q4 (12) | 2.93 | 60.11 | 47.98 | 2.78 | 20.35 | -18.48 | 31.09 | -37.38 | -32.21 | 32.78 | -16.65 | 22.86 | 113.50 | -12.56 | 9.27 | -49.63 | -21.58 | -58.41 |
| 21Q3 (11) | 1.83 | -20.78 | 98.91 | 2.31 | -14.76 | -16.61 | 49.65 | 26.18 | -49.93 | 39.33 | 16.95 | 19.58 | 129.81 | 19.54 | 1.1 | -40.82 | -14.63 | -1215.3 |
| 21Q2 (10) | 2.31 | 14.93 | 104.42 | 2.71 | 17.83 | -34.22 | 39.35 | -12.9 | -51.01 | 33.63 | -15.12 | 52.24 | 108.59 | -22.42 | 35.82 | -35.61 | 35.45 | -258.55 |
| 21Q1 (9) | 2.01 | 1.52 | 168.0 | 2.30 | -32.55 | -19.86 | 45.18 | -1.48 | -63.0 | 39.62 | 48.5 | 25.06 | 139.97 | 34.75 | 24.79 | -55.17 | -76.09 | -232.52 |
| 20Q4 (8) | 1.98 | 115.22 | 171.23 | 3.41 | 23.1 | 6.9 | 45.86 | -53.76 | -63.2 | 26.68 | -18.88 | -6.42 | 103.87 | -19.1 | -1.56 | -31.33 | -956.01 | -165.82 |
| 20Q3 (7) | 0.92 | -18.58 | 53.33 | 2.77 | -32.77 | 5.73 | 99.17 | 23.47 | -35.09 | 32.89 | 48.89 | -5.16 | 128.40 | 60.6 | 6.96 | 3.66 | -83.7 | -94.57 |
| 20Q2 (6) | 1.13 | 50.67 | 56.94 | 4.12 | 43.55 | 27.16 | 80.32 | -34.23 | -36.13 | 22.09 | -30.27 | -21.33 | 79.95 | -28.72 | -17.0 | 22.46 | -46.05 | -60.94 |
| 20Q1 (5) | 0.75 | 2.74 | 33.93 | 2.87 | -10.03 | 4.36 | 122.12 | -2.0 | -24.43 | 31.68 | 11.12 | -4.38 | 112.16 | 6.29 | -13.57 | 41.63 | -12.54 | -35.92 |
| 19Q4 (4) | 0.73 | 21.67 | 0.0 | 3.19 | 21.76 | 0.0 | 124.61 | -18.44 | 0.0 | 28.51 | -17.79 | 0.0 | 105.52 | -12.1 | 0.0 | 47.60 | -29.4 | 0.0 |
| 19Q3 (3) | 0.60 | -16.67 | 0.0 | 2.62 | -19.14 | 0.0 | 152.79 | 21.5 | 0.0 | 34.68 | 23.5 | 0.0 | 120.05 | 24.62 | 0.0 | 67.42 | 17.25 | 0.0 |
| 19Q2 (2) | 0.72 | 28.57 | 0.0 | 3.24 | 17.82 | 0.0 | 125.75 | -22.18 | 0.0 | 28.08 | -15.24 | 0.0 | 96.33 | -25.77 | 0.0 | 57.50 | -11.5 | 0.0 |
| 19Q1 (1) | 0.56 | 0.0 | 0.0 | 2.75 | 0.0 | 0.0 | 161.60 | 0.0 | 0.0 | 33.13 | 0.0 | 0.0 | 129.77 | 0.0 | 0.0 | 64.97 | 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) | 20.81 | -20.63 | 16.15 | 66.84 | 17.54 | 26.01 | 22.60 | -40.08 | 120.01 | 0.96 | -79.88 | 0 |
| 2022 (9) | 26.22 | 133.69 | 9.68 | -4.06 | 13.92 | -57.21 | 37.72 | 4.29 | 118.87 | -12.7 | -67.23 | 0 |
| 2021 (8) | 11.22 | 149.33 | 10.09 | -22.62 | 32.53 | -59.87 | 36.17 | 29.18 | 136.16 | 26.86 | -67.46 | 0 |
| 2020 (7) | 4.50 | 79.28 | 13.04 | 10.88 | 81.07 | -44.32 | 28.00 | -9.82 | 107.33 | -13.76 | 1.74 | -96.67 |
| 2019 (6) | 2.51 | -1.57 | 11.76 | -6.29 | 145.60 | 1.83 | 31.05 | 6.77 | 124.45 | -3.65 | 52.19 | 21.66 |
| 2018 (5) | 2.55 | 10.87 | 12.55 | -39.46 | 142.98 | -9.8 | 29.08 | 65.13 | 129.16 | 3.27 | 42.90 | -15.96 |
| 2017 (4) | 2.30 | 28.49 | 20.73 | -87.97 | 158.51 | -22.36 | 17.61 | 730.66 | 125.07 | 24.13 | 51.05 | -51.63 |
| 2016 (3) | 1.79 | 36.64 | 172.33 | 109.14 | 204.17 | -26.84 | 2.12 | -52.14 | 100.76 | -4.88 | 105.53 | -40.57 |
| 2015 (2) | 1.31 | -27.62 | 82.40 | 19.77 | 279.08 | 38.05 | 4.43 | -16.57 | 105.93 | 16.57 | 177.58 | 52.3 |
| 2014 (1) | 1.81 | -11.27 | 68.80 | -18.43 | 202.16 | 12.79 | 5.31 | 22.63 | 90.87 | -4.05 | 116.60 | 31.22 |
