- 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) | 1.95 | -26.14 | -24.42 | 0.84 | 13.51 | -3.45 | 46.71 | 35.51 | 32.55 | 108.77 | -11.22 | 4.21 | 39.96 | -5.2 | 16.37 | 115.52 | 0.61 | 9.73 |
| 23Q3 (19) | 2.64 | -1.86 | -14.01 | 0.74 | 27.59 | 1.37 | 34.47 | 1.89 | 16.22 | 122.51 | -22.1 | -2.21 | 42.15 | -6.69 | 18.37 | 114.82 | -21.31 | -3.78 |
| 23Q2 (18) | 2.69 | 37.24 | 0.75 | 0.58 | -15.94 | -18.31 | 33.83 | -26.98 | -0.73 | 157.26 | 18.53 | 22.61 | 45.17 | 4.8 | 16.81 | 145.91 | 7.37 | 17.98 |
| 23Q1 (17) | 1.96 | -24.03 | -33.33 | 0.69 | -20.69 | -13.75 | 46.33 | 31.47 | 49.89 | 132.67 | 27.1 | 17.08 | 43.10 | 25.51 | 20.69 | 135.89 | 29.07 | 25.22 |
| 22Q4 (16) | 2.58 | -15.96 | -10.42 | 0.87 | 19.18 | 27.94 | 35.24 | 18.81 | 11.7 | 104.38 | -16.68 | -22.05 | 34.34 | -3.57 | -8.18 | 105.28 | -11.77 | -17.79 |
| 22Q3 (15) | 3.07 | 14.98 | 17.62 | 0.73 | 2.82 | 21.67 | 29.66 | -12.97 | -14.84 | 125.28 | -2.32 | -17.47 | 35.61 | -7.91 | 5.11 | 119.33 | -3.51 | -21.88 |
| 22Q2 (14) | 2.67 | -9.18 | 5.12 | 0.71 | -11.25 | 24.56 | 34.08 | 10.26 | -4.75 | 128.26 | 13.18 | -19.2 | 38.67 | 8.29 | 13.6 | 123.67 | 13.96 | -22.93 |
| 22Q1 (13) | 2.94 | 2.08 | 5.0 | 0.80 | 17.65 | 35.59 | 30.91 | -2.03 | -4.98 | 113.32 | -15.37 | -27.09 | 35.71 | -4.52 | 5.87 | 108.52 | -15.26 | -29.64 |
| 21Q4 (12) | 2.88 | 10.34 | 25.22 | 0.68 | 13.33 | 74.36 | 31.55 | -9.42 | -20.23 | 133.90 | -11.79 | -42.95 | 37.40 | 10.39 | -23.53 | 128.06 | -16.16 | -43.17 |
| 21Q3 (11) | 2.61 | 2.76 | 13.97 | 0.60 | 5.26 | 36.36 | 34.83 | -2.66 | -12.49 | 151.80 | -4.37 | -27.1 | 33.88 | -0.47 | -33.07 | 152.75 | -4.81 | -22.63 |
| 21Q2 (10) | 2.54 | -9.29 | 42.7 | 0.57 | -3.39 | 16.33 | 35.78 | 9.99 | -30.17 | 158.73 | 2.12 | -15.05 | 34.04 | 0.92 | -25.73 | 160.47 | 4.05 | -16.53 |
| 21Q1 (9) | 2.80 | 21.74 | 37.25 | 0.59 | 51.28 | -4.84 | 32.53 | -17.75 | -27.21 | 155.43 | -33.77 | 5.76 | 33.73 | -31.04 | -6.41 | 154.23 | -31.55 | -0.89 |
| 20Q4 (8) | 2.30 | 0.44 | 689.74 | 0.39 | -11.36 | 244.44 | 39.55 | -0.63 | 0 | 234.69 | 12.7 | 0 | 48.91 | -3.38 | 0 | 225.33 | 14.14 | 0 |
| 20Q3 (7) | 2.29 | 28.65 | 13.37 | 0.44 | -10.2 | -43.59 | 39.80 | -22.33 | -11.63 | 208.24 | 11.45 | 77.69 | 50.62 | 10.45 | 41.91 | 197.42 | 2.68 | 55.99 |
| 20Q2 (6) | 1.78 | -12.75 | 14.84 | 0.49 | -20.97 | -33.78 | 51.24 | 14.66 | -12.66 | 186.85 | 27.14 | 51.61 | 45.83 | 27.16 | 42.64 | 192.26 | 23.55 | 28.36 |
| 20Q1 (5) | 2.04 | 623.08 | 37.84 | 0.62 | 329.63 | 0.0 | 44.69 | 0 | -27.27 | 146.96 | 0 | 0.05 | 36.04 | 0 | -2.78 | 155.61 | 0 | -9.14 |
| 19Q4 (4) | -0.39 | -119.31 | 0.0 | -0.27 | -134.62 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 19Q3 (3) | 2.02 | 30.32 | 0.0 | 0.78 | 5.41 | 0.0 | 45.04 | -23.23 | 0.0 | 117.19 | -4.91 | 0.0 | 35.67 | 11.02 | 0.0 | 126.56 | -15.5 | 0.0 |
| 19Q2 (2) | 1.55 | 4.73 | 0.0 | 0.74 | 19.35 | 0.0 | 58.67 | -4.52 | 0.0 | 123.24 | -16.09 | 0.0 | 32.13 | -13.33 | 0.0 | 149.78 | -12.54 | 0.0 |
| 19Q1 (1) | 1.48 | 0.0 | 0.0 | 0.62 | 0.0 | 0.0 | 61.45 | 0.0 | 0.0 | 146.88 | 0.0 | 0.0 | 37.07 | 0.0 | 0.0 | 171.26 | 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) | 6.14 | -25.67 | 2.77 | -7.36 | 59.44 | 34.45 | 131.77 | 8.09 | 47.67 | 13.88 | 143.54 | 15.52 |
| 2022 (9) | 8.26 | -1.55 | 2.99 | 27.23 | 44.21 | 1.68 | 121.91 | -21.5 | 41.86 | 6.19 | 124.26 | -22.03 |
| 2021 (8) | 8.39 | 12.32 | 2.35 | 25.67 | 43.48 | -11.03 | 155.30 | -20.47 | 39.42 | -17.89 | 159.36 | -18.75 |
| 2020 (7) | 7.47 | 38.08 | 1.87 | -5.56 | 48.87 | -27.62 | 195.28 | 6.1 | 48.01 | -0.5 | 196.14 | -3.53 |
| 2019 (6) | 5.41 | 4.44 | 1.98 | -31.25 | 67.52 | -4.2 | 184.06 | 45.1 | 48.25 | 60.94 | 203.32 | 21.49 |
| 2018 (5) | 5.18 | 7.25 | 2.88 | -12.73 | 70.48 | -6.65 | 126.85 | 14.63 | 29.98 | 7.57 | 167.35 | 5.72 |
| 2017 (4) | 4.83 | -2.42 | 3.30 | -20.1 | 75.50 | 2.3 | 110.66 | 25.27 | 27.87 | 11.88 | 158.29 | 15.35 |
| 2016 (3) | 4.95 | 0.61 | 4.13 | 15.36 | 73.80 | -0.54 | 88.34 | -13.43 | 24.91 | -21.37 | 137.23 | -5.08 |
| 2015 (2) | 4.92 | 5.58 | 3.58 | 9.15 | 74.20 | -5.22 | 102.05 | -8.17 | 31.68 | -16.32 | 144.58 | -4.61 |
| 2014 (1) | 4.66 | 12.83 | 3.28 | 7.19 | 78.29 | -11.33 | 111.13 | -6.81 | 37.86 | -33.9 | 151.57 | 0.87 |
