- 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) | 1.27 | -10.56 | -34.87 | 2.60 | -18.5 | -23.75 | 71.66 | 11.52 | 53.58 | 35.05 | 22.68 | 31.18 | 62.24 | 0.0 | 11.32 | 44.47 | 45.37 | 154.7 |
| 23Q3 (19) | 1.42 | -14.97 | 26.79 | 3.19 | -7.54 | 82.29 | 64.26 | 17.89 | -20.93 | 28.57 | 8.43 | -44.99 | 62.24 | 5.55 | -29.54 | 30.59 | 39.81 | -31.83 |
| 23Q2 (18) | 1.67 | 24.63 | 16.78 | 3.45 | 34.77 | 76.92 | 54.51 | -19.87 | -14.09 | 26.35 | -25.98 | -43.43 | 58.97 | -25.05 | -8.07 | 21.88 | -12.3 | -52.31 |
| 23Q1 (17) | 1.34 | -31.28 | -11.26 | 2.56 | -24.93 | 41.44 | 68.03 | 45.8 | 13.12 | 35.60 | 33.23 | -29.35 | 78.68 | 40.73 | 38.4 | 24.95 | 42.9 | -53.53 |
| 22Q4 (16) | 1.95 | 74.11 | 17.47 | 3.41 | 94.86 | 117.2 | 46.66 | -42.59 | -14.68 | 26.72 | -48.56 | -53.88 | 55.91 | -36.71 | -2.88 | 17.46 | -61.09 | -68.29 |
| 22Q3 (15) | 1.12 | -21.68 | -25.33 | 1.75 | -10.26 | 48.31 | 81.27 | 28.09 | 33.65 | 51.94 | 11.51 | -32.39 | 88.34 | 37.71 | 9.24 | 44.87 | -2.2 | -20.96 |
| 22Q2 (14) | 1.43 | -5.3 | -11.18 | 1.95 | 7.73 | 58.54 | 63.45 | 5.5 | 12.52 | 46.58 | -7.56 | -37.27 | 64.15 | 12.84 | -29.46 | 45.88 | -14.55 | 15.57 |
| 22Q1 (13) | 1.51 | -9.04 | -23.74 | 1.81 | 15.29 | -9.5 | 60.14 | 9.97 | 30.74 | 50.39 | -13.02 | 10.6 | 56.85 | -1.25 | -26.72 | 53.69 | -2.49 | 284.05 |
| 21Q4 (12) | 1.66 | 10.67 | -23.5 | 1.57 | 33.05 | -43.73 | 54.69 | -10.06 | 30.71 | 57.93 | -24.59 | 77.86 | 57.57 | -28.81 | -12.76 | 55.06 | -3.01 | 553.14 |
| 21Q3 (11) | 1.50 | -6.83 | -15.73 | 1.18 | -4.07 | -54.96 | 60.81 | 7.84 | 19.0 | 76.82 | 3.46 | 121.57 | 80.87 | -11.07 | 22.83 | 56.77 | 43.0 | 184.85 |
| 21Q2 (10) | 1.61 | -18.69 | -5.29 | 1.23 | -38.5 | -54.1 | 56.39 | 22.59 | 5.07 | 74.25 | 62.97 | 118.83 | 90.94 | 17.22 | 37.35 | 39.70 | 183.98 | 85.69 |
| 21Q1 (9) | 1.98 | -8.76 | 18.56 | 2.00 | -28.32 | -11.89 | 46.00 | 9.94 | -15.44 | 45.56 | 39.88 | 13.56 | 77.58 | 17.56 | -2.42 | 13.98 | 65.84 | -6.92 |
| 20Q4 (8) | 2.17 | 21.91 | 10.15 | 2.79 | 6.49 | 0.0 | 41.84 | -18.12 | -9.52 | 32.57 | -6.06 | -0.25 | 65.99 | 0.23 | -10.97 | 8.43 | -57.7 | 76.36 |
| 20Q3 (7) | 1.78 | 4.71 | 15.58 | 2.62 | -2.24 | -12.96 | 51.10 | -4.79 | -13.3 | 34.67 | 2.18 | 14.69 | 65.84 | -0.56 | -20.52 | 19.93 | -6.78 | 214.85 |
| 20Q2 (6) | 1.70 | 1.8 | -5.03 | 2.68 | 18.06 | -25.97 | 53.67 | -1.34 | 5.75 | 33.93 | -15.43 | 35.02 | 66.21 | -16.72 | -4.29 | 21.38 | 42.34 | 219.1 |
| 20Q1 (5) | 1.67 | -15.23 | 4.37 | 2.27 | -18.64 | -11.33 | 54.40 | 17.65 | -4.65 | 40.12 | 22.88 | 12.89 | 79.50 | 7.26 | 0.85 | 15.02 | 214.23 | 9.24 |
| 19Q4 (4) | 1.97 | 27.92 | 0.0 | 2.79 | -7.31 | 0.0 | 46.24 | -21.55 | 0.0 | 32.65 | 8.01 | 0.0 | 74.12 | -10.53 | 0.0 | 4.78 | -24.49 | 0.0 |
| 19Q3 (3) | 1.54 | -13.97 | 0.0 | 3.01 | -16.85 | 0.0 | 58.94 | 16.14 | 0.0 | 30.23 | 20.29 | 0.0 | 82.84 | 19.75 | 0.0 | 6.33 | -5.52 | 0.0 |
| 19Q2 (2) | 1.79 | 11.87 | 0.0 | 3.62 | 41.41 | 0.0 | 50.75 | -11.04 | 0.0 | 25.13 | -29.29 | 0.0 | 69.18 | -12.24 | 0.0 | 6.70 | -51.27 | 0.0 |
| 19Q1 (1) | 1.60 | 0.0 | 0.0 | 2.56 | 0.0 | 0.0 | 57.05 | 0.0 | 0.0 | 35.54 | 0.0 | 0.0 | 78.83 | 0.0 | 0.0 | 13.75 | 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) | 6.02 | 5.06 | 10.85 | 29.17 | 60.59 | -4.88 | 33.64 | -22.56 | 66.59 | 4.55 | 27.64 | -36.37 |
| 2022 (9) | 5.73 | -7.13 | 8.40 | 12.75 | 63.70 | 7.71 | 43.44 | -11.38 | 63.69 | -21.19 | 43.44 | 58.83 |
| 2021 (8) | 6.17 | -17.51 | 7.45 | -20.15 | 59.14 | 21.29 | 49.02 | 25.37 | 80.81 | -3.29 | 27.35 | 536.05 |
| 2020 (7) | 7.48 | 2.05 | 9.33 | -5.76 | 48.76 | -2.11 | 39.10 | 5.99 | 83.56 | 12.4 | 4.30 | -65.21 |
| 2019 (6) | 7.33 | -1.21 | 9.90 | -30.38 | 49.81 | 1.22 | 36.89 | 43.76 | 74.34 | 7.27 | 12.36 | 122.3 |
| 2018 (5) | 7.42 | 81.42 | 14.22 | 18.9 | 49.21 | -44.81 | 25.66 | -15.92 | 69.30 | -27.37 | 5.56 | -77.1 |
| 2017 (4) | 4.09 | 6.79 | 11.96 | 8.43 | 89.17 | -6.34 | 30.52 | -7.74 | 95.41 | 29.39 | 24.28 | -55.48 |
| 2016 (3) | 3.83 | -6.36 | 11.03 | 61.02 | 95.21 | 6.81 | 33.08 | -37.9 | 73.74 | -1.44 | 54.54 | -19.31 |
| 2015 (2) | 4.09 | -24.54 | 6.85 | 16.3 | 89.14 | 32.47 | 53.27 | -14.07 | 74.82 | -10.02 | 67.59 | 46.55 |
| 2014 (1) | 5.42 | -18.98 | 5.89 | -36.87 | 67.29 | 23.31 | 61.99 | 58.5 | 83.15 | 5.32 | 46.12 | 213.32 |
