- 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) | 1.20 | 55.84 | 81.82 | 0.69 | 18.97 | -56.33 | 75.93 | -35.93 | -45.01 | 132.25 | -16.18 | 129.36 | 68.69 | -25.34 | 31.09 | 139.50 | -24.3 | -2.68 |
| 23Q3 (19) | 0.77 | -23.76 | 30.51 | 0.58 | -33.33 | -58.27 | 118.51 | 31.05 | -22.6 | 157.77 | 50.33 | 141.61 | 92.00 | 35.23 | 56.57 | 184.29 | 44.72 | 15.43 |
| 23Q2 (18) | 1.01 | 74.14 | -13.68 | 0.87 | 14.47 | -66.02 | 90.43 | -42.67 | 15.8 | 104.95 | -12.38 | 195.05 | 68.03 | -13.28 | 155.66 | 127.34 | -36.03 | 46.28 |
| 23Q1 (17) | 0.58 | -12.12 | -72.64 | 0.76 | -51.9 | -61.03 | 157.74 | 14.24 | 268.21 | 119.78 | 107.73 | 156.1 | 78.45 | 49.71 | 277.16 | 199.07 | 38.88 | 189.3 |
| 22Q4 (16) | 0.66 | 11.86 | -39.45 | 1.58 | 13.67 | 25.4 | 138.08 | -9.82 | 65.42 | 57.66 | -11.7 | -20.32 | 52.40 | -10.82 | 22.46 | 143.34 | -10.22 | 26.8 |
| 22Q3 (15) | 0.59 | -49.57 | -35.16 | 1.39 | -45.7 | 69.51 | 153.11 | 96.07 | 53.52 | 65.30 | 83.58 | -41.28 | 58.76 | 120.82 | -59.27 | 159.65 | 83.4 | 139.5 |
| 22Q2 (14) | 1.17 | -44.81 | -43.75 | 2.56 | 31.28 | -87.17 | 78.09 | 82.28 | 78.57 | 35.57 | -23.95 | 680.04 | 26.61 | 27.93 | -94.86 | 87.05 | 26.51 | 118.55 |
| 22Q1 (13) | 2.12 | 94.5 | 107.84 | 1.95 | 54.76 | -88.58 | 42.84 | -48.68 | -52.19 | 46.77 | -35.36 | 777.49 | 20.80 | -51.39 | -96.84 | 68.81 | -39.13 | 112.24 |
| 21Q4 (12) | 1.09 | 19.78 | 26.74 | 1.26 | 53.66 | -96.83 | 83.47 | -16.3 | -21.23 | 72.36 | -34.93 | 3059.83 | 42.79 | -70.34 | -81.35 | 113.04 | 69.58 | 193.29 |
| 21Q3 (11) | 0.91 | -56.25 | 40.0 | 0.82 | -95.89 | -96.98 | 99.73 | 128.06 | -29.19 | 111.21 | 2338.82 | 3219.7 | 144.27 | -72.12 | -51.58 | 66.66 | 114.21 | 143.36 |
| 21Q2 (10) | 2.08 | 103.92 | 114.43 | 19.96 | 16.86 | -31.03 | 43.73 | -51.2 | -53.25 | 4.56 | -14.45 | 45.22 | 517.47 | -21.28 | 13.3 | -469.18 | 16.57 | -30.32 |
| 21Q1 (9) | 1.02 | 18.6 | -8.11 | 17.08 | -57.01 | -6.0 | 89.61 | -15.44 | 9.71 | 5.33 | 132.75 | 6.39 | 657.32 | 186.5 | 16.22 | -562.39 | -364.13 | -17.43 |
| 20Q4 (8) | 0.86 | 32.31 | -21.1 | 39.73 | 46.17 | 338.52 | 105.97 | -24.76 | 26.4 | 2.29 | -31.64 | -77.19 | 229.43 | -22.99 | -74.04 | -121.17 | 21.19 | 84.66 |
| 20Q3 (7) | 0.65 | -32.99 | 66.67 | 27.18 | -6.08 | 83.9 | 140.85 | 50.58 | -40.3 | 3.35 | 6.69 | -45.62 | 297.94 | -34.76 | -49.84 | -153.74 | 57.3 | 56.31 |
| 20Q2 (6) | 0.97 | -12.61 | 120.45 | 28.94 | 59.27 | 45.57 | 93.54 | 14.52 | -55.14 | 3.14 | -37.33 | -31.44 | 456.71 | -19.25 | 54.36 | -360.02 | 24.83 | -334.86 |
| 20Q1 (5) | 1.11 | 1.83 | 2.78 | 18.17 | 100.55 | 101.44 | 81.68 | -2.58 | -3.11 | 5.01 | -50.1 | -50.35 | 565.59 | -35.99 | 47.61 | -478.91 | 39.36 | -65.84 |
| 19Q4 (4) | 1.09 | 179.49 | 0.0 | 9.06 | -38.7 | 0.0 | 83.84 | -64.46 | 0.0 | 10.04 | 62.99 | 0.0 | 883.64 | 48.76 | 0.0 | -789.76 | -124.41 | 0.0 |
| 19Q3 (3) | 0.39 | -11.36 | 0.0 | 14.78 | -25.65 | 0.0 | 235.91 | 13.15 | 0.0 | 6.16 | 34.5 | 0.0 | 593.99 | 100.76 | 0.0 | -351.92 | -325.08 | 0.0 |
| 19Q2 (2) | 0.44 | -59.26 | 0.0 | 19.88 | 120.4 | 0.0 | 208.50 | 147.33 | 0.0 | 4.58 | -54.61 | 0.0 | 295.87 | -22.78 | 0.0 | -82.79 | 71.33 | 0.0 |
| 19Q1 (1) | 1.08 | 0.0 | 0.0 | 9.02 | 0.0 | 0.0 | 84.30 | 0.0 | 0.0 | 10.09 | 0.0 | 0.0 | 383.17 | 0.0 | 0.0 | -288.78 | 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) | 3.39 | -20.98 | 3.37 | -62.64 | 107.56 | 26.44 | 108.38 | 167.87 | 65.27 | 114.42 | 150.66 | 58.42 |
| 2022 (9) | 4.29 | 16.89 | 9.02 | 111.74 | 85.07 | -14.36 | 40.46 | -52.73 | 30.44 | -74.64 | 95.10 | 46.56 |
| 2021 (8) | 3.67 | -11.78 | 4.26 | -94.48 | 99.33 | 13.09 | 85.60 | 1709.73 | 120.03 | -70.71 | 64.89 | 0 |
| 2020 (7) | 4.16 | -15.62 | 77.20 | 48.55 | 87.83 | 18.61 | 4.73 | -32.62 | 409.83 | 3.55 | -317.28 | 0 |
| 2019 (6) | 4.93 | -34.79 | 51.97 | 65.56 | 74.05 | 53.38 | 7.02 | -39.64 | 395.78 | 45.75 | -314.70 | 0 |
| 2018 (5) | 7.56 | 6.18 | 31.39 | -25.03 | 48.28 | -5.8 | 11.63 | 33.37 | 271.54 | 65.83 | -211.64 | 0 |
| 2017 (4) | 7.12 | 22.34 | 41.87 | -5.76 | 51.25 | -18.31 | 8.72 | 6.08 | 163.75 | 7.21 | -103.78 | 0 |
| 2016 (3) | 5.82 | -34.53 | 44.43 | 14.25 | 62.74 | 52.76 | 8.22 | -12.46 | 152.74 | 76.88 | -81.78 | 0 |
| 2015 (2) | 8.89 | -30.33 | 38.89 | 203.59 | 41.07 | 43.6 | 9.39 | -67.04 | 86.35 | 13.92 | -35.90 | 0 |
| 2014 (1) | 12.76 | -55.77 | 12.81 | 25.71 | 28.60 | 126.09 | 28.49 | -20.42 | 75.80 | -7.36 | -18.70 | 0 |
