- 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) | 0.76 | -28.97 | -24.0 | 1.28 | -7.25 | 66.23 | 120.14 | 41.03 | 32.28 | 71.08 | 7.47 | -39.73 | 82.36 | 23.05 | 15.38 | 108.86 | 28.98 | -20.75 |
| 23Q3 (19) | 1.07 | -20.74 | -10.08 | 1.38 | 7.81 | 45.26 | 85.19 | 26.17 | 11.68 | 66.14 | -6.99 | -30.98 | 66.93 | 32.67 | 21.23 | 84.40 | -4.29 | -27.8 |
| 23Q2 (18) | 1.35 | -6.25 | 3.05 | 1.28 | 31.96 | 43.82 | 67.52 | 6.75 | -2.78 | 71.11 | -24.45 | -30.15 | 50.45 | -10.98 | -14.38 | 88.18 | -12.43 | -21.51 |
| 23Q1 (17) | 1.44 | 44.0 | 4.35 | 0.97 | 25.97 | 8.99 | 63.25 | -30.36 | -3.74 | 94.12 | -20.19 | -8.35 | 56.67 | -20.61 | -12.0 | 100.70 | -26.69 | -3.17 |
| 22Q4 (16) | 1.00 | -15.97 | -16.67 | 0.77 | -18.95 | -3.75 | 90.82 | 19.06 | 20.05 | 117.93 | 23.06 | 3.09 | 71.38 | 29.29 | -8.49 | 137.36 | 17.5 | 22.6 |
| 22Q3 (15) | 1.19 | -9.16 | -28.31 | 0.95 | 6.74 | -5.94 | 76.28 | 9.83 | 38.94 | 95.83 | -5.87 | 6.41 | 55.21 | -6.3 | -20.37 | 116.90 | 4.06 | 54.57 |
| 22Q2 (14) | 1.31 | -5.07 | -25.14 | 0.89 | 0.0 | -1.11 | 69.45 | 5.69 | 33.4 | 101.81 | -0.86 | 0.19 | 58.92 | -8.51 | -27.73 | 112.34 | 8.02 | 55.7 |
| 22Q1 (13) | 1.38 | 15.0 | -30.65 | 0.89 | 11.25 | -11.0 | 65.71 | -13.14 | 43.88 | 102.69 | -10.24 | 12.36 | 64.40 | -17.44 | -3.59 | 104.00 | -7.18 | 48.02 |
| 21Q4 (12) | 1.20 | -27.71 | -62.03 | 0.80 | -20.79 | -49.04 | 75.65 | 37.8 | 162.86 | 114.40 | 27.03 | 97.55 | 78.00 | 12.51 | 92.5 | 112.04 | 48.14 | 142.62 |
| 21Q3 (11) | 1.66 | -5.14 | -81.43 | 1.01 | 12.22 | -80.54 | 54.90 | 5.46 | 439.29 | 90.06 | -11.38 | 413.45 | 69.33 | -14.96 | 452.43 | 75.63 | 4.82 | 398.55 |
| 21Q2 (10) | 1.75 | -12.06 | -9.79 | 0.90 | -10.0 | 4.65 | 52.06 | 13.99 | 10.81 | 101.62 | 11.19 | -4.46 | 81.53 | 22.05 | 75.48 | 72.15 | 2.69 | -32.5 |
| 21Q1 (9) | 1.99 | -37.03 | 13.07 | 1.00 | -36.31 | 53.85 | 45.67 | 58.69 | -11.75 | 91.39 | 57.81 | -34.87 | 66.80 | 64.86 | -3.44 | 70.26 | 52.14 | -42.83 |
| 20Q4 (8) | 3.16 | -64.65 | 56.44 | 1.57 | -69.75 | 68.82 | 28.78 | 182.71 | -36.1 | 57.91 | 230.16 | -40.73 | 40.52 | 222.87 | -32.57 | 46.18 | 204.42 | -44.13 |
| 20Q3 (7) | 8.94 | 360.82 | 445.12 | 5.19 | 503.49 | 532.93 | 10.18 | -78.33 | -81.62 | 17.54 | -83.51 | -84.18 | 12.55 | -72.99 | -79.26 | 15.17 | -85.81 | -85.66 |
| 20Q2 (6) | 1.94 | 10.23 | 22.01 | 0.86 | 32.31 | 24.64 | 46.98 | -9.22 | -17.72 | 106.36 | -24.2 | -19.19 | 46.46 | -32.84 | -33.48 | 106.89 | -13.02 | -10.09 |
| 20Q1 (5) | 1.76 | -12.87 | -16.19 | 0.65 | -30.11 | -16.67 | 51.75 | 14.9 | 19.21 | 140.32 | 43.61 | 20.65 | 69.18 | 15.13 | 37.7 | 122.89 | 48.69 | 12.26 |
| 19Q4 (4) | 2.02 | 23.17 | 0.0 | 0.93 | 13.41 | 0.0 | 45.04 | -18.7 | 0.0 | 97.71 | -11.89 | 0.0 | 60.09 | -0.69 | 0.0 | 82.65 | -21.87 | 0.0 |
| 19Q3 (3) | 1.64 | 3.14 | 0.0 | 0.82 | 18.84 | 0.0 | 55.40 | -2.98 | 0.0 | 110.89 | -15.75 | 0.0 | 60.51 | -13.36 | 0.0 | 105.78 | -11.02 | 0.0 |
| 19Q2 (2) | 1.59 | -24.29 | 0.0 | 0.69 | -11.54 | 0.0 | 57.10 | 31.54 | 0.0 | 131.62 | 13.17 | 0.0 | 69.84 | 39.01 | 0.0 | 118.88 | 8.6 | 0.0 |
| 19Q1 (1) | 2.10 | 0.0 | 0.0 | 0.78 | 0.0 | 0.0 | 43.41 | 0.0 | 0.0 | 116.30 | 0.0 | 0.0 | 50.24 | 0.0 | 0.0 | 109.47 | 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) | 4.41 | -18.18 | 5.29 | 42.97 | 82.83 | 22.26 | 68.95 | -30.13 | 57.47 | -3.59 | 94.30 | -11.73 |
| 2022 (9) | 5.39 | -7.23 | 3.70 | 0.82 | 67.75 | 7.86 | 98.68 | -0.82 | 59.61 | -5.26 | 106.83 | 7.49 |
| 2021 (8) | 5.81 | -59.14 | 3.67 | -47.72 | 62.81 | 144.68 | 99.50 | 91.27 | 62.92 | 88.72 | 99.39 | 124.05 |
| 2020 (7) | 14.22 | 89.6 | 7.02 | 126.45 | 25.67 | -47.22 | 52.02 | -55.77 | 33.34 | -38.41 | 44.36 | -60.43 |
| 2019 (6) | 7.50 | 10.62 | 3.10 | 21.57 | 48.64 | -9.64 | 117.60 | -17.87 | 54.13 | 5.23 | 112.11 | -22.99 |
| 2018 (5) | 6.78 | -6.87 | 2.55 | 12.83 | 53.83 | 7.38 | 143.19 | -11.52 | 51.44 | 10.53 | 145.58 | -12.0 |
| 2017 (4) | 7.28 | 3.7 | 2.26 | -1.74 | 50.13 | -3.56 | 161.84 | 2.07 | 46.54 | 39.59 | 165.43 | -6.64 |
| 2016 (3) | 7.02 | 3.24 | 2.30 | 3.14 | 51.98 | -3.22 | 158.56 | -2.98 | 33.34 | -34.73 | 177.20 | 6.71 |
| 2015 (2) | 6.80 | -1.88 | 2.23 | -5.91 | 53.71 | 1.96 | 163.43 | 5.95 | 51.08 | -13.58 | 166.05 | 12.33 |
| 2014 (1) | 6.93 | 11.59 | 2.37 | -10.57 | 52.68 | -10.44 | 154.25 | 12.12 | 59.11 | -7.51 | 147.82 | 11.58 |
