- 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) | 0.60 | -1.64 | -7.69 | 1.61 | 18.38 | 27.78 | 150.62 | 0.74 | 8.28 | 56.38 | -15.43 | -22.2 | 53.83 | -3.65 | -31.07 | 153.17 | -4.45 | 14.74 |
| 23Q3 (19) | 0.61 | -27.38 | -12.86 | 1.36 | 19.3 | -11.11 | 149.51 | 37.7 | 15.5 | 66.67 | -16.84 | 11.75 | 55.87 | -7.04 | -15.49 | 160.31 | 24.6 | 30.33 |
| 23Q2 (18) | 0.84 | 95.35 | -7.69 | 1.14 | 60.56 | -45.97 | 108.58 | -48.64 | 8.48 | 80.17 | -37.53 | 85.58 | 60.10 | -49.38 | 6.45 | 128.66 | -41.79 | 48.17 |
| 23Q1 (17) | 0.43 | -33.85 | -46.91 | 0.71 | -43.65 | -69.0 | 211.42 | 51.99 | 88.25 | 128.34 | 77.09 | 222.3 | 118.73 | 52.04 | 124.65 | 221.03 | 65.58 | 122.61 |
| 22Q4 (16) | 0.65 | -7.14 | -38.68 | 1.26 | -17.65 | -47.93 | 139.10 | 7.45 | 62.06 | 72.47 | 21.47 | 92.48 | 78.09 | 18.12 | 52.19 | 133.49 | 8.53 | 84.97 |
| 22Q3 (15) | 0.70 | -23.08 | -22.22 | 1.53 | -27.49 | -25.37 | 129.45 | 29.33 | 28.64 | 59.66 | 38.1 | 34.43 | 66.11 | 17.09 | 3.07 | 123.00 | 41.66 | 52.11 |
| 22Q2 (14) | 0.91 | 12.35 | 0.0 | 2.11 | -7.86 | -5.38 | 100.09 | -10.88 | 0.57 | 43.20 | 8.49 | 5.65 | 56.46 | 6.83 | -12.29 | 86.83 | -12.55 | 14.19 |
| 22Q1 (13) | 0.81 | -23.58 | -20.59 | 2.29 | -5.37 | -17.33 | 112.31 | 30.85 | 25.58 | 39.82 | 5.76 | 21.18 | 52.85 | 3.0 | -12.85 | 99.29 | 37.58 | 61.05 |
| 21Q4 (12) | 1.06 | 17.78 | -1.85 | 2.42 | 18.05 | -24.84 | 85.83 | -14.71 | 2.02 | 37.65 | -15.16 | 33.32 | 51.31 | -20.0 | -10.58 | 72.17 | -10.75 | 31.24 |
| 21Q3 (11) | 0.90 | -1.1 | -15.09 | 2.05 | -8.07 | -48.23 | 100.63 | 1.12 | 17.04 | 44.38 | 8.54 | 93.29 | 64.14 | -0.36 | 26.04 | 80.86 | 6.34 | 39.29 |
| 21Q2 (10) | 0.91 | -10.78 | -20.18 | 2.23 | -19.49 | -41.62 | 99.52 | 11.28 | 24.2 | 40.89 | 24.44 | 71.81 | 64.37 | 6.15 | 35.06 | 76.04 | 23.34 | 35.11 |
| 21Q1 (9) | 1.02 | -5.56 | 64.52 | 2.77 | -13.98 | 36.45 | 89.43 | 6.3 | -39.13 | 32.86 | 16.36 | -26.65 | 60.64 | 5.68 | -30.63 | 61.65 | 12.11 | -40.89 |
| 20Q4 (8) | 1.08 | 1.89 | -6.9 | 3.22 | -18.69 | 4.89 | 84.13 | -2.15 | 6.91 | 28.24 | 23.0 | -4.82 | 57.38 | 12.75 | 17.7 | 54.99 | -5.27 | -7.75 |
| 20Q3 (7) | 1.06 | -7.02 | 13.98 | 3.96 | 3.66 | 138.55 | 85.98 | 7.3 | -12.15 | 22.96 | -3.53 | -58.09 | 50.89 | 6.78 | -20.4 | 58.05 | 3.14 | -34.58 |
| 20Q2 (6) | 1.14 | 83.87 | 14.0 | 3.82 | 88.18 | 161.64 | 80.13 | -45.46 | -11.77 | 23.80 | -46.87 | -61.71 | 47.66 | -45.48 | -20.58 | 56.28 | -46.04 | -39.46 |
| 20Q1 (5) | 0.62 | -46.55 | -29.55 | 2.03 | -33.88 | 81.25 | 146.91 | 86.69 | 41.42 | 44.80 | 50.99 | -45.08 | 87.41 | 79.3 | 6.99 | 104.30 | 74.97 | 0.53 |
| 19Q4 (4) | 1.16 | 24.73 | 0.0 | 3.07 | 84.94 | 0.0 | 78.69 | -19.6 | 0.0 | 29.67 | -45.85 | 0.0 | 48.75 | -23.74 | 0.0 | 59.61 | -32.83 | 0.0 |
| 19Q3 (3) | 0.93 | -7.0 | 0.0 | 1.66 | 13.7 | 0.0 | 97.87 | 7.76 | 0.0 | 54.79 | -11.84 | 0.0 | 63.93 | 6.53 | 0.0 | 88.74 | -4.54 | 0.0 |
| 19Q2 (2) | 1.00 | 13.64 | 0.0 | 1.46 | 30.36 | 0.0 | 90.82 | -12.57 | 0.0 | 62.15 | -23.81 | 0.0 | 60.01 | -26.55 | 0.0 | 92.96 | -10.4 | 0.0 |
| 19Q1 (1) | 0.88 | 0.0 | 0.0 | 1.12 | 0.0 | 0.0 | 103.88 | 0.0 | 0.0 | 81.57 | 0.0 | 0.0 | 81.70 | 0.0 | 0.0 | 103.75 | 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) | 2.13 | -24.73 | 5.18 | -25.14 | 171.43 | 32.93 | 70.42 | 33.52 | 78.85 | 21.79 | 163.01 | 39.37 |
| 2022 (9) | 2.83 | -33.41 | 6.92 | -39.4 | 128.96 | 50.01 | 52.74 | 65.02 | 64.74 | 23.62 | 116.96 | 78.4 |
| 2021 (8) | 4.25 | 22.48 | 11.42 | -1.38 | 85.97 | -18.25 | 31.96 | 1.4 | 52.37 | -22.85 | 65.56 | -4.71 |
| 2020 (7) | 3.47 | -13.03 | 11.58 | 31.44 | 105.16 | 14.9 | 31.52 | -23.94 | 67.88 | 2.32 | 68.80 | 3.27 |
| 2019 (6) | 3.99 | -20.99 | 8.81 | -10.1 | 91.52 | 26.64 | 41.44 | 11.28 | 66.34 | 22.17 | 66.62 | 20.69 |
| 2018 (5) | 5.05 | 33.6 | 9.80 | -40.93 | 72.27 | -25.07 | 37.24 | 69.27 | 54.30 | -19.35 | 55.20 | 8.0 |
| 2017 (4) | 3.78 | -9.35 | 16.59 | -7.21 | 96.45 | 10.3 | 22.00 | 7.79 | 67.33 | -4.89 | 51.11 | 37.87 |
| 2016 (3) | 4.17 | -2.34 | 17.88 | 6.3 | 87.44 | 2.21 | 20.41 | -5.94 | 70.79 | -9.75 | 37.07 | 28.67 |
| 2015 (2) | 4.27 | 27.84 | 16.82 | 31.2 | 85.55 | -21.64 | 21.70 | -23.75 | 78.44 | -10.45 | 28.81 | -42.43 |
| 2014 (1) | 3.34 | -30.71 | 12.82 | -14.65 | 109.17 | 44.27 | 28.46 | 17.12 | 87.59 | 25.33 | 50.04 | 66.41 |
