- 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) | 1.96 | -48.69 | -29.75 | 1.42 | -16.96 | 31.48 | 46.48 | 95.21 | 42.31 | 63.97 | 20.11 | -23.85 | 69.25 | 42.31 | 14.1 | 41.20 | 45.02 | -26.39 |
| 23Q3 (19) | 3.82 | -34.14 | 34.98 | 1.71 | 6.21 | 44.92 | 23.81 | 51.66 | -26.01 | 53.26 | -5.7 | -30.93 | 48.66 | 18.89 | -23.53 | 28.41 | -9.06 | -37.78 |
| 23Q2 (18) | 5.80 | 60.22 | 167.28 | 1.61 | 41.23 | 45.05 | 15.70 | -37.57 | -62.58 | 56.48 | -28.94 | -31.3 | 40.93 | -19.06 | -33.22 | 31.24 | -42.21 | -50.32 |
| 23Q1 (17) | 3.62 | 29.75 | 88.54 | 1.14 | 5.56 | 20.0 | 25.15 | -22.99 | -47.04 | 79.48 | -5.38 | -17.17 | 50.57 | -16.67 | -11.54 | 54.06 | -3.41 | -37.34 |
| 22Q4 (16) | 2.79 | -1.41 | 76.58 | 1.08 | -8.47 | 16.13 | 32.66 | 1.49 | -43.2 | 84.00 | 8.94 | -14.42 | 60.69 | -4.62 | 22.33 | 55.97 | 22.58 | -47.22 |
| 22Q3 (15) | 2.83 | 30.41 | 119.38 | 1.18 | 6.31 | 87.3 | 32.18 | -23.31 | -54.41 | 77.11 | -6.2 | -46.54 | 63.63 | 3.82 | 17.99 | 45.66 | -27.39 | -71.62 |
| 22Q2 (14) | 2.17 | 13.02 | -4.41 | 1.11 | 16.84 | 79.03 | 41.96 | -11.64 | 4.51 | 82.21 | -14.33 | -44.15 | 61.29 | 7.21 | 36.47 | 62.88 | -27.12 | -55.86 |
| 22Q1 (13) | 1.92 | 21.52 | -16.16 | 0.95 | 2.15 | 66.67 | 47.49 | -17.41 | 19.56 | 95.96 | -2.23 | -39.97 | 57.17 | 15.24 | 10.15 | 86.28 | -18.63 | -41.58 |
| 21Q4 (12) | 1.58 | 22.48 | -42.12 | 0.93 | 47.62 | 30.99 | 57.50 | -18.53 | 72.41 | 98.15 | -31.96 | -23.31 | 49.61 | -8.01 | 17.45 | 106.04 | -34.09 | -10.96 |
| 21Q3 (11) | 1.29 | -43.17 | -37.07 | 0.63 | 1.61 | 36.96 | 70.58 | 75.79 | 58.68 | 144.25 | -2.0 | -26.62 | 53.93 | 20.08 | -2.37 | 160.89 | 12.94 | -13.42 |
| 21Q2 (10) | 2.27 | -0.87 | -1.3 | 0.62 | 8.77 | 55.0 | 40.15 | 1.08 | 1.67 | 147.20 | -7.92 | -36.07 | 44.91 | -13.47 | -23.82 | 142.45 | -3.54 | -32.43 |
| 21Q1 (9) | 2.29 | -16.12 | 59.03 | 0.57 | -19.72 | 46.15 | 39.72 | 19.1 | -37.01 | 159.86 | 24.91 | -31.53 | 51.90 | 22.87 | -13.57 | 147.68 | 24.01 | -37.55 |
| 20Q4 (8) | 2.73 | 33.17 | 92.25 | 0.71 | 54.35 | -29.7 | 33.35 | -25.02 | -48.07 | 127.98 | -34.9 | 41.59 | 42.24 | -23.53 | -14.02 | 119.09 | -35.91 | 12.89 |
| 20Q3 (7) | 2.05 | -10.87 | 48.55 | 0.46 | 15.0 | -91.53 | 44.48 | 12.64 | -32.35 | 196.59 | -14.62 | 1073.67 | 55.24 | -6.29 | -7.76 | 185.83 | -11.85 | 721.89 |
| 20Q2 (6) | 2.30 | 59.72 | 67.88 | 0.40 | 2.56 | -93.64 | 39.49 | -37.38 | -40.55 | 230.26 | -1.37 | 1492.39 | 58.95 | -1.83 | 13.17 | 210.81 | -10.86 | 631.98 |
| 20Q1 (5) | 1.44 | 1.41 | 46.94 | 0.39 | -61.39 | -48.68 | 63.06 | -1.81 | -32.18 | 233.47 | 158.29 | 95.42 | 60.05 | 22.23 | -11.7 | 236.48 | 124.17 | 63.73 |
| 19Q4 (4) | 1.42 | 2.9 | 0.0 | 1.01 | -81.4 | 0.0 | 64.22 | -2.33 | 0.0 | 90.39 | 439.64 | 0.0 | 49.13 | -17.97 | 0.0 | 105.49 | 366.56 | 0.0 |
| 19Q3 (3) | 1.38 | 0.73 | 0.0 | 5.43 | -13.67 | 0.0 | 65.75 | -1.02 | 0.0 | 16.75 | 15.84 | 0.0 | 59.89 | 14.97 | 0.0 | 22.61 | -21.49 | 0.0 |
| 19Q2 (2) | 1.37 | 39.8 | 0.0 | 6.29 | 727.63 | 0.0 | 66.43 | -28.55 | 0.0 | 14.46 | -87.9 | 0.0 | 52.09 | -23.41 | 0.0 | 28.80 | -80.06 | 0.0 |
| 19Q1 (1) | 0.98 | 0.0 | 0.0 | 0.76 | 0.0 | 0.0 | 92.98 | 0.0 | 0.0 | 119.47 | 0.0 | 0.0 | 68.01 | 0.0 | 0.0 | 144.43 | 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) | 11.19 | 8.12 | 5.72 | 31.49 | 32.63 | -7.51 | 63.82 | -23.86 | 54.82 | 7.3 | 41.63 | -38.8 |
| 2022 (9) | 10.35 | 40.05 | 4.35 | 57.04 | 35.28 | -28.57 | 83.82 | -36.5 | 51.09 | -10.93 | 68.02 | -45.16 |
| 2021 (8) | 7.39 | 12.48 | 2.77 | 36.45 | 49.39 | -11.11 | 131.99 | -26.56 | 57.36 | 3.33 | 124.03 | -31.01 |
| 2020 (7) | 6.57 | 27.57 | 2.03 | 1.5 | 55.56 | -21.58 | 179.72 | -1.73 | 55.51 | 0.74 | 179.77 | -9.5 |
| 2019 (6) | 5.15 | 18.94 | 2.00 | -54.44 | 70.85 | -15.93 | 182.89 | 120.08 | 55.10 | -18.68 | 198.64 | 99.38 |
| 2018 (5) | 4.33 | -26.98 | 4.39 | -75.87 | 84.28 | 36.84 | 83.10 | 314.26 | 67.76 | 17.09 | 99.63 | 318.97 |
| 2017 (4) | 5.93 | -13.18 | 18.19 | 14.19 | 61.59 | 15.21 | 20.06 | -12.44 | 57.87 | -0.52 | 23.78 | 30.66 |
| 2016 (3) | 6.83 | -17.41 | 15.93 | 21.79 | 53.46 | 21.14 | 22.91 | -17.86 | 58.17 | -10.37 | 18.20 | 155.62 |
| 2015 (2) | 8.27 | -21.24 | 13.08 | 1.87 | 44.13 | 26.92 | 27.89 | -1.9 | 64.90 | -3.85 | 7.12 | 0 |
| 2014 (1) | 10.50 | 45.23 | 12.84 | 17.26 | 34.77 | -31.15 | 28.43 | -14.73 | 67.50 | -11.18 | -4.30 | 0 |
