- 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) | 18.18 | 27.31 | 522.6 | 8.32 | 79.7 | 274.77 | 5.01 | -21.35 | -83.91 | 10.94 | -44.35 | -73.29 | 19.32 | -4.59 | 61.94 | -3.38 | -158.48 | -105.62 |
| 23Q3 (19) | 14.28 | 101.98 | 617.59 | 4.63 | 136.22 | 353.92 | 6.37 | -50.51 | -86.06 | 19.66 | -57.68 | -78.0 | 20.25 | 38.7 | -2.55 | 5.78 | -87.08 | -94.94 |
| 23Q2 (18) | 7.07 | 58.52 | 233.49 | 1.96 | 61.98 | 37.06 | 12.87 | -36.97 | -70.05 | 46.46 | -37.98 | -26.87 | 14.60 | -44.4 | 27.62 | 44.74 | -35.22 | -52.93 |
| 23Q1 (17) | 4.46 | 52.74 | 159.3 | 1.21 | -45.5 | -23.9 | 20.42 | -34.4 | -61.5 | 74.91 | 82.89 | 31.05 | 26.26 | 120.12 | 90.84 | 69.06 | 14.81 | -28.39 |
| 22Q4 (16) | 2.92 | 46.73 | 67.82 | 2.22 | 117.65 | 36.2 | 31.13 | -31.85 | -40.31 | 40.96 | -54.16 | -26.48 | 11.93 | -42.59 | -58.98 | 60.15 | -47.35 | -23.65 |
| 22Q3 (15) | 1.99 | -6.13 | -21.03 | 1.02 | -28.67 | -59.52 | 45.68 | 6.31 | 26.54 | 89.36 | 40.66 | 147.06 | 20.78 | 81.64 | 52.12 | 114.25 | 20.19 | 94.93 |
| 22Q2 (14) | 2.12 | 23.26 | -40.95 | 1.43 | -10.06 | -35.29 | 42.97 | -18.99 | 69.64 | 63.53 | 11.14 | 54.05 | 11.44 | -16.86 | 3168.57 | 95.06 | -1.43 | 43.55 |
| 22Q1 (13) | 1.72 | -1.15 | -54.01 | 1.59 | -2.45 | 28.23 | 53.04 | 1.71 | 117.91 | 57.16 | 2.6 | -22.04 | 13.76 | -52.68 | 463.93 | 96.44 | 22.42 | 1.28 |
| 21Q4 (12) | 1.74 | -30.95 | -56.17 | 1.63 | -35.32 | -41.58 | 52.15 | 44.46 | 127.73 | 55.71 | 54.02 | 70.89 | 29.08 | 112.88 | 1673.17 | 78.78 | 34.41 | 46.27 |
| 21Q3 (11) | 2.52 | -29.81 | -28.81 | 2.52 | 14.03 | 223.08 | 36.10 | 42.52 | 40.52 | 36.17 | -12.29 | -69.14 | 13.66 | 3802.86 | 55.23 | 58.61 | -11.49 | -56.29 |
| 21Q2 (10) | 3.59 | -4.01 | 18.09 | 2.21 | 78.23 | 145.56 | 25.33 | 4.07 | -15.37 | 41.24 | -43.75 | -59.09 | 0.35 | -85.66 | -97.02 | 66.22 | -30.46 | -44.35 |
| 21Q1 (9) | 3.74 | -5.79 | 2.75 | 1.24 | -55.56 | 27.84 | 24.34 | 6.29 | -2.68 | 73.32 | 124.91 | -21.87 | 2.44 | 48.78 | -82.03 | 95.22 | 76.79 | -9.55 |
| 20Q4 (8) | 3.97 | 12.15 | 17.46 | 2.79 | 257.69 | 142.61 | 22.90 | -10.86 | -15.06 | 32.60 | -72.19 | -58.76 | 1.64 | -81.36 | -82.55 | 53.86 | -59.84 | -44.24 |
| 20Q3 (7) | 3.54 | 16.45 | 38.82 | 0.78 | -13.33 | 2.63 | 25.69 | -14.17 | -28.08 | 117.21 | 16.28 | -1.88 | 8.80 | -24.98 | 14.29 | 134.10 | 12.69 | -9.07 |
| 20Q2 (6) | 3.04 | -16.48 | 9.75 | 0.90 | -7.22 | 50.0 | 29.93 | 19.67 | -8.83 | 100.80 | 7.42 | -34.05 | 11.73 | -13.62 | -28.34 | 119.00 | 13.04 | -29.71 |
| 20Q1 (5) | 3.64 | 7.69 | 12.69 | 0.97 | -15.65 | 86.54 | 25.01 | -7.23 | -11.15 | 93.84 | 18.72 | -46.07 | 13.58 | 44.47 | -49.0 | 105.27 | 8.98 | -40.02 |
| 19Q4 (4) | 3.38 | 32.55 | 0.0 | 1.15 | 51.32 | 0.0 | 26.96 | -24.52 | 0.0 | 79.04 | -33.83 | 0.0 | 9.40 | 22.08 | 0.0 | 96.60 | -34.5 | 0.0 |
| 19Q3 (3) | 2.55 | -7.94 | 0.0 | 0.76 | 26.67 | 0.0 | 35.72 | 8.8 | 0.0 | 119.45 | -21.85 | 0.0 | 7.70 | -52.96 | 0.0 | 147.47 | -12.89 | 0.0 |
| 19Q2 (2) | 2.77 | -14.24 | 0.0 | 0.60 | 15.38 | 0.0 | 32.83 | 16.63 | 0.0 | 152.84 | -12.16 | 0.0 | 16.37 | -38.53 | 0.0 | 169.30 | -3.54 | 0.0 |
| 19Q1 (1) | 3.23 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 28.15 | 0.0 | 0.0 | 174.00 | 0.0 | 0.0 | 26.63 | 0.0 | 0.0 | 175.52 | 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) | 38.22 | 295.24 | 22.55 | 200.27 | 9.55 | -74.7 | 16.19 | -66.67 | 15.16 | 20.99 | 10.58 | -85.66 |
| 2022 (9) | 9.67 | -21.76 | 7.51 | 5.63 | 37.74 | 27.76 | 48.57 | -5.45 | 12.53 | 90.72 | 73.78 | -0.75 |
| 2021 (8) | 12.36 | -27.34 | 7.11 | 13.22 | 29.54 | 37.72 | 51.37 | -11.55 | 6.57 | 9.68 | 74.34 | 1.09 |
| 2020 (7) | 17.01 | 11.39 | 6.28 | 105.23 | 21.45 | -10.29 | 58.08 | -51.25 | 5.99 | -68.07 | 73.54 | -40.83 |
| 2019 (6) | 15.27 | 24.05 | 3.06 | 71.91 | 23.91 | -19.33 | 119.15 | -41.97 | 18.76 | -53.53 | 124.29 | -36.12 |
| 2018 (5) | 12.31 | 10.8 | 1.78 | -23.61 | 29.64 | -9.8 | 205.31 | 30.86 | 40.37 | -1.3 | 194.58 | 30.71 |
| 2017 (4) | 11.11 | 42.8 | 2.33 | -9.69 | 32.86 | -29.98 | 156.89 | 10.7 | 40.90 | 38.97 | 148.86 | -6.51 |
| 2016 (3) | 7.78 | 8.21 | 2.58 | 0.39 | 46.93 | -7.53 | 141.72 | -0.34 | 29.43 | 28.91 | 159.23 | -6.41 |
| 2015 (2) | 7.19 | -24.4 | 2.57 | 4.9 | 50.75 | 32.23 | 142.21 | -4.71 | 22.83 | -14.62 | 170.13 | 5.74 |
| 2014 (1) | 9.51 | -20.75 | 2.45 | -6.49 | 38.38 | 26.13 | 149.24 | 7.33 | 26.74 | -39.17 | 160.89 | 28.18 |
