- 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) | 2.57 | 0.78 | 10.78 | 31.98 | 78.76 | 135.15 | 35.39 | -0.95 | -9.77 | 2.85 | -44.01 | -57.4 | 67.09 | -17.19 | -24.8 | -28.86 | 28.21 | 33.33 |
| 23Q3 (19) | 2.55 | 34.21 | -7.27 | 17.89 | 45.8 | 57.76 | 35.73 | -25.27 | 7.95 | 5.09 | -31.31 | -36.61 | 81.02 | -10.25 | -3.55 | -40.20 | -14.69 | 6.23 |
| 23Q2 (18) | 1.90 | 38.69 | -11.21 | 12.27 | 15.97 | 30.95 | 47.81 | -27.93 | 12.23 | 7.41 | -13.84 | -23.77 | 90.27 | -21.84 | -4.84 | -35.05 | 13.56 | 17.61 |
| 23Q1 (17) | 1.37 | -40.95 | -13.29 | 10.58 | -22.21 | 1.63 | 66.34 | 69.15 | 15.31 | 8.60 | 28.55 | -1.6 | 115.49 | 29.46 | 6.76 | -40.55 | 6.33 | 3.22 |
| 22Q4 (16) | 2.32 | -15.64 | 23.4 | 13.60 | 19.93 | 4.13 | 39.22 | 18.49 | -18.93 | 6.69 | -16.69 | -4.02 | 89.21 | 6.2 | -0.67 | -43.29 | -0.98 | -25.66 |
| 22Q3 (15) | 2.75 | 28.5 | 42.49 | 11.34 | 21.02 | 59.94 | 33.10 | -22.3 | -29.66 | 8.03 | -17.39 | -37.41 | 84.00 | -11.45 | -27.3 | -42.87 | -0.78 | 22.96 |
| 22Q2 (14) | 2.14 | 35.44 | -10.08 | 9.37 | -9.99 | 16.69 | 42.60 | -25.95 | 11.43 | 9.72 | 11.21 | -14.21 | 94.86 | -12.31 | 5.45 | -42.54 | -1.53 | -5.3 |
| 22Q1 (13) | 1.58 | -15.96 | 5.33 | 10.41 | -20.29 | 71.22 | 57.53 | 18.91 | -5.46 | 8.74 | 25.39 | -41.58 | 108.18 | 20.45 | -12.37 | -41.90 | -21.63 | 12.05 |
| 21Q4 (12) | 1.88 | -2.59 | 34.29 | 13.06 | 84.2 | 158.61 | 48.38 | 2.8 | -25.42 | 6.97 | -45.67 | -61.32 | 89.81 | -22.27 | -21.97 | -34.45 | 38.1 | -6.99 |
| 21Q3 (11) | 1.93 | -18.91 | 121.84 | 7.09 | -11.71 | 132.46 | 47.06 | 23.1 | -55.11 | 12.83 | 13.24 | -56.98 | 115.54 | 28.43 | -27.03 | -55.65 | -37.75 | -135.11 |
| 21Q2 (10) | 2.38 | 58.67 | 180.0 | 8.03 | 32.07 | 128.12 | 38.23 | -37.17 | -64.45 | 11.33 | -24.26 | -56.14 | 89.96 | -27.13 | -38.5 | -40.40 | 15.2 | -213.18 |
| 21Q1 (9) | 1.50 | 7.14 | 123.88 | 6.08 | 20.4 | 98.69 | 60.85 | -6.2 | -55.49 | 14.96 | -16.98 | -49.65 | 123.45 | 7.26 | -36.07 | -47.64 | -47.95 | -78.49 |
| 20Q4 (8) | 1.40 | 60.92 | 26.13 | 5.05 | 65.57 | -15.13 | 64.87 | -38.12 | -21.12 | 18.02 | -39.57 | 17.7 | 115.09 | -27.31 | 2.09 | -32.20 | -36.04 | -111.98 |
| 20Q3 (7) | 0.87 | 2.35 | 27.94 | 3.05 | -13.35 | -28.74 | 104.84 | -2.51 | -21.4 | 29.82 | 15.45 | 40.26 | 158.34 | 8.25 | -13.11 | -23.67 | -83.49 | 14.21 |
| 20Q2 (6) | 0.85 | 26.87 | -9.57 | 3.52 | 15.03 | -40.54 | 107.54 | -21.33 | 11.15 | 25.83 | -13.06 | 67.95 | 146.27 | -24.25 | -9.73 | -12.90 | 51.67 | 74.15 |
| 20Q1 (5) | 0.67 | -39.64 | -49.24 | 3.06 | -48.57 | -65.46 | 136.70 | 66.22 | 98.63 | 29.71 | 94.06 | 189.29 | 193.10 | 71.29 | 56.48 | -26.69 | -75.71 | 39.77 |
| 19Q4 (4) | 1.11 | 63.24 | 0.0 | 5.95 | 39.02 | 0.0 | 82.24 | -38.34 | 0.0 | 15.31 | -27.99 | 0.0 | 112.73 | -38.14 | 0.0 | -15.19 | 44.94 | 0.0 |
| 19Q3 (3) | 0.68 | -27.66 | 0.0 | 4.28 | -27.7 | 0.0 | 133.38 | 37.86 | 0.0 | 21.26 | 38.23 | 0.0 | 182.23 | 12.46 | 0.0 | -27.59 | 44.72 | 0.0 |
| 19Q2 (2) | 0.94 | -28.79 | 0.0 | 5.92 | -33.18 | 0.0 | 96.75 | 40.58 | 0.0 | 15.38 | 49.76 | 0.0 | 162.04 | 31.31 | 0.0 | -49.91 | -12.64 | 0.0 |
| 19Q1 (1) | 1.32 | 0.0 | 0.0 | 8.86 | 0.0 | 0.0 | 68.82 | 0.0 | 0.0 | 10.27 | 0.0 | 0.0 | 123.40 | 0.0 | 0.0 | -44.31 | 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) | 6.26 | 7.93 | 74.37 | 46.66 | 58.35 | -7.34 | 4.91 | -31.81 | 107.86 | -3.89 | -44.60 | 0 |
| 2022 (9) | 5.80 | 11.97 | 50.71 | 46.69 | 62.97 | -10.63 | 7.20 | -31.82 | 112.23 | -9.3 | -42.07 | 0 |
| 2021 (8) | 5.18 | 40.38 | 34.57 | 109.01 | 70.46 | -28.8 | 10.56 | -52.13 | 123.74 | -28.13 | -42.72 | 0 |
| 2020 (7) | 3.69 | -11.72 | 16.54 | -27.58 | 98.96 | 13.42 | 22.06 | 38.05 | 172.18 | 16.24 | -51.16 | 0 |
| 2019 (6) | 4.18 | -18.68 | 22.84 | -51.56 | 87.25 | 22.82 | 15.98 | 106.46 | 148.13 | 32.45 | -44.90 | 0 |
| 2018 (5) | 5.14 | 6.42 | 47.15 | 57.85 | 71.04 | -6.01 | 7.74 | -36.66 | 111.84 | -2.9 | -33.06 | 0 |
| 2017 (4) | 4.83 | -21.59 | 29.87 | 49.42 | 75.58 | 27.63 | 12.22 | -33.08 | 115.18 | 10.93 | -27.38 | 0 |
| 2016 (3) | 6.16 | 52.1 | 19.99 | 1.37 | 59.22 | -34.28 | 18.26 | -1.35 | 103.83 | -9.53 | -26.35 | 0 |
| 2015 (2) | 4.05 | 7.14 | 19.72 | -60.14 | 90.11 | -6.71 | 18.51 | 150.81 | 114.77 | 15.13 | -6.15 | 0 |
| 2014 (1) | 3.78 | -13.3 | 49.47 | -12.55 | 96.59 | 15.3 | 7.38 | 14.42 | 99.69 | -16.0 | 4.27 | 0 |
