- 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) | 1.11 | 63.24 | -9.02 | 1.19 | 17.82 | 2.59 | 82.29 | -38.66 | 9.88 | 76.47 | -15.49 | -2.86 | 44.77 | -23.21 | 19.77 | 114.00 | -31.47 | -1.92 |
| 23Q3 (19) | 0.68 | -46.88 | -55.56 | 1.01 | -28.37 | -4.72 | 134.16 | 88.27 | 126.01 | 90.49 | 40.67 | 4.99 | 58.30 | 84.03 | 26.38 | 166.35 | 60.09 | 67.32 |
| 23Q2 (18) | 1.28 | 82.86 | 26.73 | 1.41 | 98.59 | 161.11 | 71.26 | -44.85 | -20.93 | 64.33 | -49.47 | -62.16 | 31.68 | -42.89 | -57.98 | 103.91 | -48.31 | -43.75 |
| 23Q1 (17) | 0.70 | -42.62 | 11.11 | 0.71 | -38.79 | 29.09 | 129.20 | 72.52 | -11.18 | 127.30 | 61.71 | -22.87 | 55.47 | 48.39 | -47.95 | 201.02 | 72.95 | -1.43 |
| 22Q4 (16) | 1.22 | -20.26 | 1.67 | 1.16 | 9.43 | -0.85 | 74.89 | 26.16 | -1.16 | 78.72 | -8.67 | 1.56 | 37.38 | -18.97 | -49.4 | 116.23 | 16.91 | 46.35 |
| 22Q3 (15) | 1.53 | 51.49 | 80.0 | 1.06 | 96.3 | -3.64 | 59.36 | -34.13 | -44.35 | 86.19 | -49.3 | 3.84 | 46.13 | -38.81 | -44.33 | 99.42 | -46.18 | -6.91 |
| 22Q2 (14) | 1.01 | 60.32 | 288.46 | 0.54 | -1.82 | 58.82 | 90.12 | -38.05 | -73.79 | 170.00 | 3.01 | -35.84 | 75.39 | -29.26 | -77.88 | 184.73 | -9.42 | -31.06 |
| 22Q1 (13) | 0.63 | -47.5 | 36.96 | 0.55 | -52.99 | -75.66 | 145.47 | 91.99 | -26.97 | 165.04 | 112.93 | 309.94 | 106.57 | 44.27 | -21.23 | 203.94 | 156.79 | 95.83 |
| 21Q4 (12) | 1.20 | 41.18 | 60.0 | 1.17 | 6.36 | -69.85 | 75.77 | -28.96 | -37.23 | 77.51 | -6.61 | 230.39 | 73.87 | -10.85 | -3.49 | 79.42 | -25.64 | 17.45 |
| 21Q3 (11) | 0.85 | 226.92 | 54.55 | 1.10 | 223.53 | -74.12 | 106.66 | -68.98 | -35.13 | 83.00 | -68.67 | 287.67 | 82.86 | -75.69 | 10.47 | 106.80 | -60.14 | -3.63 |
| 21Q2 (10) | 0.26 | -43.48 | -16.13 | 0.34 | -84.96 | -90.12 | 343.83 | 72.62 | 15.86 | 264.95 | 558.1 | 900.57 | 340.82 | 151.92 | 107.99 | 267.97 | 157.32 | 68.12 |
| 21Q1 (9) | 0.46 | -38.67 | 187.5 | 2.26 | -41.75 | -37.74 | 199.18 | 65.01 | -65.02 | 40.26 | 71.61 | 60.78 | 135.29 | 76.76 | -55.15 | 104.14 | 54.01 | -64.43 |
| 20Q4 (8) | 0.75 | 36.36 | -33.04 | 3.88 | -8.71 | -74.98 | 120.71 | -26.59 | 48.18 | 23.46 | 9.57 | 299.66 | 76.54 | 2.04 | 108.33 | 67.62 | -38.98 | 33.69 |
| 20Q3 (7) | 0.55 | 77.42 | -59.56 | 4.25 | 23.55 | -35.7 | 164.43 | -44.59 | 145.23 | 21.41 | -19.15 | 55.6 | 75.01 | -54.22 | 329.86 | 110.82 | -30.47 | 74.91 |
| 20Q2 (6) | 0.31 | 93.75 | -75.0 | 3.44 | -5.23 | -17.51 | 296.77 | -47.88 | 304.43 | 26.48 | 5.75 | 21.36 | 163.86 | -45.68 | 988.05 | 159.39 | -45.55 | 98.89 |
| 20Q1 (5) | 0.16 | -85.71 | -75.0 | 3.63 | -76.6 | 79.7 | 569.35 | 598.93 | 298.23 | 25.04 | 326.58 | -44.37 | 301.65 | 721.04 | 704.61 | 292.74 | 478.77 | 94.54 |
| 19Q4 (4) | 1.12 | -17.65 | 0.0 | 15.51 | 134.64 | 0.0 | 81.46 | 21.49 | 0.0 | 5.87 | -57.34 | 0.0 | 36.74 | 110.54 | 0.0 | 50.58 | -20.17 | 0.0 |
| 19Q3 (3) | 1.36 | 9.68 | 0.0 | 6.61 | 58.51 | 0.0 | 67.05 | -8.63 | 0.0 | 13.76 | -36.94 | 0.0 | 17.45 | 15.87 | 0.0 | 63.36 | -20.94 | 0.0 |
| 19Q2 (2) | 1.24 | 93.75 | 0.0 | 4.17 | 106.44 | 0.0 | 73.38 | -48.67 | 0.0 | 21.82 | -51.52 | 0.0 | 15.06 | -59.83 | 0.0 | 80.14 | -46.74 | 0.0 |
| 19Q1 (1) | 0.64 | 0.0 | 0.0 | 2.02 | 0.0 | 0.0 | 142.97 | 0.0 | 0.0 | 45.01 | 0.0 | 0.0 | 37.49 | 0.0 | 0.0 | 150.48 | 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) | 3.45 | 17.35 | 4.19 | 22.51 | 105.67 | -14.89 | 87.01 | -18.59 | 41.81 | -49.8 | 150.87 | 2.11 |
| 2022 (9) | 2.94 | -17.18 | 3.42 | -24.34 | 124.16 | 20.92 | 106.88 | 32.36 | 83.29 | -13.27 | 147.75 | 69.03 |
| 2021 (8) | 3.55 | 269.79 | 4.52 | -72.59 | 102.68 | -72.86 | 80.75 | 264.89 | 96.03 | -54.75 | 87.41 | -53.56 |
| 2020 (7) | 0.96 | -64.44 | 16.49 | -61.34 | 378.29 | 180.3 | 22.13 | 158.53 | 212.20 | 204.19 | 188.22 | 155.21 |
| 2019 (6) | 2.70 | 27.96 | 42.65 | 441.93 | 134.96 | -22.06 | 8.56 | -81.54 | 69.76 | 101.04 | 73.75 | -60.09 |
| 2018 (5) | 2.11 | 27.88 | 7.87 | -28.0 | 173.16 | -21.53 | 46.36 | 38.84 | 34.70 | 95.6 | 184.81 | -21.79 |
| 2017 (4) | 1.65 | -13.16 | 10.93 | -22.76 | 220.67 | 15.05 | 33.39 | 29.47 | 17.74 | 29.68 | 236.31 | 15.88 |
| 2016 (3) | 1.90 | -16.67 | 14.15 | 51.18 | 191.81 | 19.59 | 25.79 | -33.84 | 13.68 | -9.04 | 203.92 | 10.63 |
| 2015 (2) | 2.28 | -24.0 | 9.36 | -5.74 | 160.39 | 31.63 | 38.98 | 6.07 | 15.04 | -36.7 | 184.33 | 36.7 |
| 2014 (1) | 3.00 | 8.3 | 9.93 | -18.27 | 121.85 | -7.54 | 36.75 | 22.3 | 23.76 | -42.25 | 134.84 | 11.72 |
