- 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) | 17.31 | -34.11 | -1.7 | 0.02 | -33.33 | 100.0 | 5.26 | 52.02 | 1.74 | 4892.42 | 37.09 | -55.7 | 1201.57 | 31.02 | -44.11 | 3696.11 | 39.21 | -58.47 |
| 23Q3 (19) | 26.27 | 242.5 | 65.95 | 0.03 | 200.0 | 200.0 | 3.46 | -70.83 | -39.83 | 3568.66 | -52.33 | -52.45 | 917.09 | -55.15 | -2.3 | 2655.03 | -51.32 | -59.6 |
| 23Q2 (18) | 7.67 | -87.35 | -51.79 | 0.01 | -88.89 | -50.0 | 11.86 | 690.67 | 107.34 | 7486.57 | 655.46 | 68.54 | 2044.86 | 671.73 | 251.85 | 5453.57 | 649.6 | 41.04 |
| 23Q1 (17) | 60.62 | 244.24 | 1187.05 | 0.09 | 800.0 | 350.0 | 1.50 | -70.99 | -92.24 | 991.00 | -91.03 | -78.09 | 264.97 | -87.68 | -57.56 | 727.53 | -91.83 | -81.43 |
| 22Q4 (16) | 17.61 | 11.24 | -14.01 | 0.01 | 0.0 | -88.89 | 5.17 | -10.09 | 16.44 | 11044.60 | 47.16 | 1051.79 | 2149.92 | 129.03 | 2310.49 | 8899.82 | 35.42 | 918.1 |
| 22Q3 (15) | 15.83 | -0.5 | 353.58 | 0.01 | -50.0 | -50.0 | 5.75 | 0.52 | -77.93 | 7505.09 | 68.96 | 45.27 | 938.70 | 61.52 | 211.96 | 6572.14 | 69.97 | 34.36 |
| 22Q2 (14) | 15.91 | 237.79 | 120.36 | 0.02 | 0.0 | -50.0 | 5.72 | -70.39 | -54.6 | 4442.01 | -1.8 | 79.21 | 581.18 | -6.92 | 242.98 | 3866.55 | -1.33 | 66.53 |
| 22Q1 (13) | 4.71 | -77.0 | 685.0 | 0.02 | -77.78 | 100.0 | 19.32 | 335.14 | -87.26 | 4523.59 | 371.74 | -49.89 | 624.40 | 600.08 | -10.43 | 3918.51 | 348.26 | -53.8 |
| 21Q4 (12) | 20.48 | 486.82 | 57.3 | 0.09 | 350.0 | -43.75 | 4.44 | -82.96 | -36.48 | 958.91 | -81.44 | 64.8 | 89.19 | -70.36 | 72.35 | 874.16 | -82.13 | 62.75 |
| 21Q3 (11) | 3.49 | -51.66 | -68.92 | 0.02 | -50.0 | -60.0 | 26.05 | 106.75 | 221.21 | 5166.19 | 108.43 | 182.34 | 300.90 | 77.57 | 79.36 | 4891.34 | 110.67 | 192.87 |
| 21Q2 (10) | 7.22 | 1103.33 | -25.34 | 0.04 | 300.0 | 33.33 | 12.60 | -91.69 | 33.9 | 2478.64 | -72.54 | -6.06 | 169.45 | -75.69 | -31.33 | 2321.79 | -72.63 | -3.31 |
| 21Q1 (9) | 0.60 | -95.39 | -85.95 | 0.01 | -93.75 | -50.0 | 151.61 | 2068.96 | 611.45 | 9027.68 | 1451.49 | 126.09 | 697.13 | 1247.11 | 82.88 | 8482.16 | 1479.22 | 133.47 |
| 20Q4 (8) | 13.02 | 15.94 | -45.84 | 0.16 | 220.0 | 14.29 | 6.99 | -13.81 | 84.43 | 581.87 | -68.2 | -13.47 | 51.75 | -69.15 | -1.73 | 537.11 | -67.84 | -13.86 |
| 20Q3 (7) | 11.23 | 16.13 | 24.09 | 0.05 | 66.67 | -16.67 | 8.11 | -13.82 | -19.38 | 1829.78 | -30.65 | 24.64 | 167.76 | -32.02 | 84.41 | 1670.13 | -30.45 | 20.4 |
| 20Q2 (6) | 9.67 | 126.46 | 26.74 | 0.03 | 50.0 | 50.0 | 9.41 | -55.84 | -21.06 | 2638.58 | -33.92 | -42.67 | 246.77 | -35.26 | -16.19 | 2401.21 | -33.91 | -44.42 |
| 20Q1 (5) | 4.27 | -82.24 | -48.55 | 0.02 | -85.71 | -33.33 | 21.31 | 462.27 | 94.43 | 3992.93 | 493.81 | 18.1 | 381.19 | 623.87 | 55.53 | 3633.06 | 482.65 | 15.45 |
| 19Q4 (4) | 24.04 | 165.64 | 0.0 | 0.14 | 133.33 | 0.0 | 3.79 | -62.33 | 0.0 | 672.42 | -54.2 | 0.0 | 52.66 | -42.11 | 0.0 | 623.54 | -55.05 | 0.0 |
| 19Q3 (3) | 9.05 | 18.61 | 0.0 | 0.06 | 200.0 | 0.0 | 10.06 | -15.6 | 0.0 | 1468.05 | -68.1 | 0.0 | 90.97 | -69.11 | 0.0 | 1387.13 | -67.89 | 0.0 |
| 19Q2 (2) | 7.63 | -8.07 | 0.0 | 0.02 | -33.33 | 0.0 | 11.92 | 8.76 | 0.0 | 4602.75 | 36.14 | 0.0 | 294.45 | 20.14 | 0.0 | 4320.22 | 37.29 | 0.0 |
| 19Q1 (1) | 8.30 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 10.96 | 0.0 | 0.0 | 3380.92 | 0.0 | 0.0 | 245.09 | 0.0 | 0.0 | 3146.79 | 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) | 202.18 | 834.72 | 0.15 | 150.0 | 1.81 | -89.27 | 2495.88 | -61.34 | 623.93 | -53.22 | 1873.75 | -63.53 |
| 2022 (9) | 21.63 | 83.77 | 0.06 | -64.71 | 16.87 | -45.6 | 6455.36 | 196.56 | 1333.89 | 432.87 | 5138.34 | 162.51 |
| 2021 (8) | 11.77 | -35.61 | 0.17 | -34.62 | 31.01 | 55.28 | 2176.73 | 57.53 | 250.32 | 96.85 | 1957.42 | 53.57 |
| 2020 (7) | 18.28 | -69.29 | 0.26 | 4.0 | 19.97 | 225.77 | 1381.76 | -5.39 | 127.16 | 0.79 | 1274.57 | -4.91 |
| 2019 (6) | 59.52 | -39.09 | 0.25 | 19.05 | 6.13 | 63.9 | 1460.43 | -14.71 | 126.16 | 0.87 | 1340.40 | -15.75 |
| 2018 (5) | 97.72 | 398.83 | 0.21 | 75.0 | 3.74 | -79.92 | 1712.29 | -42.67 | 125.07 | -42.7 | 1590.96 | -42.92 |
| 2017 (4) | 19.59 | -9.68 | 0.12 | -40.0 | 18.63 | 10.7 | 2986.76 | 63.75 | 218.26 | 42.99 | 2787.13 | 65.1 |
| 2016 (3) | 21.69 | -36.52 | 0.20 | 81.82 | 16.83 | 57.58 | 1823.92 | -44.13 | 152.64 | -41.38 | 1688.11 | -44.0 |
| 2015 (2) | 34.17 | 255.94 | 0.11 | 10.0 | 10.68 | -71.92 | 3264.41 | -12.74 | 260.40 | 2.59 | 3014.70 | -14.48 |
| 2014 (1) | 9.60 | -26.83 | 0.10 | -44.44 | 38.03 | 36.65 | 3740.83 | 86.72 | 253.82 | 161.91 | 3525.04 | 82.23 |
