- 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) | 8.31 | -14.15 | -22.19 | 8.62 | -29.29 | 3.11 | 10.95 | 16.49 | 28.52 | 10.55 | 41.42 | -3.03 | 12.43 | 28.28 | -15.73 | 9.07 | 26.32 | 94.64 |
| 23Q3 (19) | 9.68 | 23.94 | 12.43 | 12.19 | -3.02 | 13.29 | 9.40 | -19.24 | -11.07 | 7.46 | 3.04 | -11.72 | 9.69 | -12.78 | 0.83 | 7.18 | -7.71 | -23.7 |
| 23Q2 (18) | 7.81 | -4.64 | 85.07 | 12.57 | 39.05 | 16.82 | 11.64 | 4.77 | -46.06 | 7.24 | -28.03 | -14.32 | 11.11 | -26.38 | 20.76 | 7.78 | 27.96 | -62.65 |
| 23Q1 (17) | 8.19 | -23.31 | 19.04 | 9.04 | 8.13 | 7.24 | 11.11 | 30.4 | -15.96 | 10.06 | -7.54 | -6.85 | 15.09 | 2.31 | 4.65 | 6.08 | 30.47 | -36.6 |
| 22Q4 (16) | 10.68 | 24.04 | 34.51 | 8.36 | -22.3 | 29.81 | 8.52 | -19.39 | -25.65 | 10.88 | 28.76 | -22.95 | 14.75 | 53.49 | 1.72 | 4.66 | -50.48 | -57.94 |
| 22Q3 (15) | 8.61 | 104.03 | 119.08 | 10.76 | 0.0 | 88.11 | 10.57 | -51.02 | -54.34 | 8.45 | 0.0 | -46.89 | 9.61 | 4.46 | 3.56 | 9.41 | -54.82 | -68.39 |
| 22Q2 (14) | 4.22 | -38.66 | 32.7 | 10.76 | 27.64 | 58.7 | 21.58 | 63.24 | -24.7 | 8.45 | -21.76 | -37.03 | 9.20 | -36.2 | -51.14 | 20.83 | 117.21 | -10.37 |
| 22Q1 (13) | 6.88 | -13.35 | 33.85 | 8.43 | 30.9 | 3.31 | 13.22 | 15.36 | -25.31 | 10.80 | -23.51 | -3.23 | 14.42 | -0.55 | -27.61 | 9.59 | -13.45 | 7.39 |
| 21Q4 (12) | 7.94 | 102.04 | 45.42 | 6.44 | 12.59 | -14.13 | 11.46 | -50.5 | -31.25 | 14.12 | -11.25 | 16.31 | 14.50 | 56.25 | -52.63 | 11.08 | -62.78 | 715.56 |
| 21Q3 (11) | 3.93 | 23.58 | -24.71 | 5.72 | -15.63 | -38.36 | 23.15 | -19.23 | 32.66 | 15.91 | 18.55 | 62.35 | 9.28 | -50.72 | -73.52 | 29.77 | 28.1 | 481.67 |
| 21Q2 (10) | 3.18 | -38.13 | -18.46 | 6.78 | -16.91 | -27.18 | 28.66 | 61.92 | 22.85 | 13.42 | 20.25 | 37.36 | 18.83 | -5.47 | -54.36 | 23.24 | 160.25 | 384.8 |
| 21Q1 (9) | 5.14 | -5.86 | 21.23 | 8.16 | 8.8 | 0.0 | 17.70 | 6.18 | -17.6 | 11.16 | -8.07 | 0.0 | 19.92 | -34.92 | -43.92 | 8.93 | 596.11 | 409.0 |
| 20Q4 (8) | 5.46 | 4.6 | -32.26 | 7.50 | -19.18 | -50.66 | 16.67 | -4.47 | 47.65 | 12.14 | 23.88 | 102.67 | 30.61 | -12.67 | 148.86 | -1.80 | 76.92 | -136.14 |
| 20Q3 (7) | 5.22 | 33.85 | -18.44 | 9.28 | -0.32 | -51.11 | 17.45 | -25.2 | 22.8 | 9.80 | 0.31 | 104.59 | 35.05 | -15.05 | 235.73 | -7.80 | 4.41 | -191.12 |
| 20Q2 (6) | 3.90 | -8.02 | -34.67 | 9.31 | 14.09 | -49.18 | 23.33 | 8.61 | 52.98 | 9.77 | -12.46 | 96.58 | 41.26 | 16.16 | 302.54 | -8.16 | -182.35 | -181.85 |
| 20Q1 (5) | 4.24 | -47.39 | -30.38 | 8.16 | -46.32 | -56.08 | 21.48 | 90.26 | 43.68 | 11.16 | 86.31 | 127.76 | 35.52 | 188.78 | 222.62 | -2.89 | -158.03 | -132.69 |
| 19Q4 (4) | 8.06 | 25.94 | 0.0 | 15.20 | -19.92 | 0.0 | 11.29 | -20.55 | 0.0 | 5.99 | 25.05 | 0.0 | 12.30 | 17.82 | 0.0 | 4.98 | -41.82 | 0.0 |
| 19Q3 (3) | 6.40 | 7.2 | 0.0 | 18.98 | 3.6 | 0.0 | 14.21 | -6.82 | 0.0 | 4.79 | -3.62 | 0.0 | 10.44 | 1.85 | 0.0 | 8.56 | -14.14 | 0.0 |
| 19Q2 (2) | 5.97 | -1.97 | 0.0 | 18.32 | -1.4 | 0.0 | 15.25 | 2.01 | 0.0 | 4.97 | 1.43 | 0.0 | 10.25 | -6.9 | 0.0 | 9.97 | 12.78 | 0.0 |
| 19Q1 (1) | 6.09 | 0.0 | 0.0 | 18.58 | 0.0 | 0.0 | 14.95 | 0.0 | 0.0 | 4.90 | 0.0 | 0.0 | 11.01 | 0.0 | 0.0 | 8.84 | 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) | 25.62 | 13.36 | 25.09 | 10.72 | 14.24 | -11.83 | 14.55 | -9.68 | 17.79 | -18.09 | 11.00 | 4.46 |
| 2022 (9) | 22.60 | 32.78 | 22.66 | 2.72 | 16.15 | -24.67 | 16.11 | -2.66 | 21.72 | -4.19 | 10.53 | -31.27 |
| 2021 (8) | 17.02 | 25.98 | 22.06 | -10.36 | 21.44 | -20.65 | 16.55 | 11.6 | 22.67 | -5.27 | 15.32 | -14.51 |
| 2020 (7) | 13.51 | -46.81 | 24.61 | -59.06 | 27.02 | 88.03 | 14.83 | 144.32 | 23.93 | 93.14 | 17.92 | 122.33 |
| 2019 (6) | 25.40 | 19.25 | 60.11 | -22.22 | 14.37 | -16.16 | 6.07 | 28.6 | 12.39 | 8.21 | 8.06 | -22.65 |
| 2018 (5) | 21.30 | -3.79 | 77.28 | -5.47 | 17.14 | 4.0 | 4.72 | 5.83 | 11.45 | -5.99 | 10.42 | 18.81 |
| 2017 (4) | 22.14 | -17.3 | 81.75 | -2.92 | 16.48 | 20.91 | 4.46 | 3.0 | 12.18 | -22.76 | 8.77 | 298.64 |
| 2016 (3) | 26.77 | -12.6 | 84.21 | -7.84 | 13.63 | 14.35 | 4.33 | 8.52 | 15.77 | -32.81 | 2.20 | 0 |
| 2015 (2) | 30.63 | 7.47 | 91.37 | -8.83 | 11.92 | -6.95 | 3.99 | 9.62 | 23.47 | 3.26 | -7.56 | 0 |
| 2014 (1) | 28.50 | 27.4 | 100.22 | 14.29 | 12.81 | -21.51 | 3.64 | -12.5 | 22.73 | 14.68 | -6.28 | 0 |
