- 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) | 10.18 | -38.67 | 76.12 | 7.67 | -8.14 | 0.26 | 8.94 | 63.14 | -43.17 | 11.87 | 8.9 | -0.25 | 42.52 | 36.94 | 11.66 | -21.72 | -48.16 | -107.85 |
| 23Q3 (19) | 16.60 | 16.33 | 69.22 | 8.35 | 26.9 | -2.68 | 5.48 | -14.11 | -40.95 | 10.90 | -21.24 | 2.73 | 31.05 | -4.28 | 40.69 | -14.66 | -19.87 | -572.48 |
| 23Q2 (18) | 14.27 | 15.08 | 60.52 | 6.58 | 2.02 | 31.08 | 6.38 | -13.08 | -37.7 | 13.84 | -1.91 | -23.62 | 32.44 | -14.79 | 8.71 | -12.23 | 26.41 | -726.35 |
| 23Q1 (17) | 12.40 | 114.53 | 3.94 | 6.45 | -15.69 | 5.74 | 7.34 | -53.34 | -3.8 | 14.11 | 18.57 | -5.37 | 38.07 | -0.03 | 2.59 | -16.62 | -59.04 | -14.07 |
| 22Q4 (16) | 5.78 | -41.08 | -64.5 | 7.65 | -10.84 | 13.5 | 15.73 | 69.5 | 181.4 | 11.90 | 12.16 | -11.85 | 38.08 | 72.54 | 46.18 | -10.45 | -379.36 | -49.93 |
| 22Q3 (15) | 9.81 | 10.35 | -31.64 | 8.58 | 70.92 | 71.6 | 9.28 | -9.38 | 46.37 | 10.61 | -41.45 | -41.67 | 22.07 | -26.04 | 13.88 | -2.18 | -47.3 | -142.33 |
| 22Q2 (14) | 8.89 | -25.48 | -44.23 | 5.02 | -17.7 | 3.93 | 10.24 | 34.21 | 79.33 | 18.12 | 21.53 | -3.87 | 29.84 | -19.59 | 13.55 | -1.48 | 89.84 | 13.95 |
| 22Q1 (13) | 11.93 | -26.72 | -14.54 | 6.10 | -9.5 | 7.21 | 7.63 | 36.49 | 17.02 | 14.91 | 10.44 | -6.81 | 37.11 | 42.46 | 14.4 | -14.57 | -109.04 | -46.88 |
| 21Q4 (12) | 16.28 | 13.45 | 87.99 | 6.74 | 34.8 | 5.31 | 5.59 | -11.83 | -46.81 | 13.50 | -25.78 | -5.06 | 26.05 | 34.42 | -27.86 | -6.97 | -235.34 | 38.75 |
| 21Q3 (11) | 14.35 | -9.97 | 10.47 | 5.00 | 3.52 | -28.88 | 6.34 | 11.03 | -9.56 | 18.19 | -3.5 | 40.46 | 19.38 | -26.26 | -35.46 | 5.15 | 399.42 | 151.09 |
| 21Q2 (10) | 15.94 | 14.18 | 203.04 | 4.83 | -15.11 | 1.05 | 5.71 | -12.42 | -67.01 | 18.85 | 17.81 | -1.1 | 26.28 | -18.99 | -15.28 | -1.72 | 82.66 | -132.15 |
| 21Q1 (9) | 13.96 | 61.2 | 194.51 | 5.69 | -11.09 | 19.04 | 6.52 | -37.96 | -66.02 | 16.00 | 12.52 | -15.97 | 32.44 | -10.16 | -5.15 | -9.92 | 12.83 | -346.15 |
| 20Q4 (8) | 8.66 | -33.33 | 13.95 | 6.40 | -8.96 | 18.74 | 10.51 | 49.93 | -12.2 | 14.22 | 9.81 | -15.71 | 36.11 | 20.25 | 2.06 | -11.38 | -12.9 | -74.01 |
| 20Q3 (7) | 12.99 | 146.96 | 65.48 | 7.03 | 47.07 | 7.82 | 7.01 | -59.5 | -39.52 | 12.95 | -32.06 | -7.23 | 30.03 | -3.19 | 11.3 | -10.08 | -288.41 | -604.9 |
| 20Q2 (6) | 5.26 | 10.97 | -32.91 | 4.78 | 0.0 | -15.7 | 17.31 | -9.8 | 49.1 | 19.06 | 0.11 | 18.75 | 31.02 | -9.3 | 1.01 | 5.35 | 32.75 | 275.41 |
| 20Q1 (5) | 4.74 | -37.63 | -46.2 | 4.78 | -11.32 | 11.16 | 19.19 | 60.32 | 85.77 | 19.04 | 12.86 | -10.02 | 34.20 | -3.34 | 19.04 | 4.03 | 161.62 | 45.49 |
| 19Q4 (4) | 7.60 | -3.18 | 0.0 | 5.39 | -17.33 | 0.0 | 11.97 | 3.28 | 0.0 | 16.87 | 20.85 | 0.0 | 35.38 | 31.13 | 0.0 | -6.54 | -357.34 | 0.0 |
| 19Q3 (3) | 7.85 | 0.13 | 0.0 | 6.52 | 14.99 | 0.0 | 11.59 | -0.17 | 0.0 | 13.96 | -13.02 | 0.0 | 26.98 | -12.15 | 0.0 | -1.43 | 53.11 | 0.0 |
| 19Q2 (2) | 7.84 | -11.01 | 0.0 | 5.67 | 31.86 | 0.0 | 11.61 | 12.39 | 0.0 | 16.05 | -24.15 | 0.0 | 30.71 | 6.89 | 0.0 | -3.05 | -210.11 | 0.0 |
| 19Q1 (1) | 8.81 | 0.0 | 0.0 | 4.30 | 0.0 | 0.0 | 10.33 | 0.0 | 0.0 | 21.16 | 0.0 | 0.0 | 28.73 | 0.0 | 0.0 | 2.77 | 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) | 40.66 | -0.32 | 29.38 | 13.74 | 8.98 | 0.34 | 12.42 | -12.1 | 40.64 | 5.53 | -19.24 | 0 |
| 2022 (9) | 40.79 | 39.12 | 25.83 | 21.04 | 8.95 | -28.11 | 14.13 | -17.37 | 38.51 | -3.19 | -15.42 | 0 |
| 2021 (8) | 29.32 | -14.42 | 21.34 | -2.56 | 12.45 | 16.9 | 17.10 | 2.58 | 39.78 | 16.08 | -10.22 | 0 |
| 2020 (7) | 34.26 | 2.88 | 21.90 | 37.13 | 10.65 | -2.83 | 16.67 | -27.05 | 34.27 | 15.7 | -6.94 | 0 |
| 2019 (6) | 33.30 | -13.42 | 15.97 | 41.96 | 10.96 | 15.49 | 22.85 | -29.56 | 29.62 | -7.18 | 4.19 | -58.18 |
| 2018 (5) | 38.46 | 29.8 | 11.25 | 48.22 | 9.49 | -22.97 | 32.44 | -32.54 | 31.91 | -76.47 | 10.02 | 0 |
| 2017 (4) | 29.63 | 24.86 | 7.59 | 36.02 | 12.32 | -19.9 | 48.09 | -26.5 | 135.59 | -37.46 | -75.17 | 0 |
| 2016 (3) | 23.73 | -63.03 | 5.58 | -42.53 | 15.38 | 170.3 | 65.43 | 74.02 | 216.81 | 106.96 | -135.99 | 0 |
| 2015 (2) | 64.18 | -31.5 | 9.71 | 0.62 | 5.69 | 45.9 | 37.60 | -0.56 | 104.76 | 0.3 | -61.47 | 0 |
| 2014 (1) | 93.70 | 102.16 | 9.65 | 1.9 | 3.90 | -50.44 | 37.81 | -1.95 | 104.45 | -1.01 | -62.74 | 0 |
