- 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) | 1.76 | 21.38 | -33.83 | 0.37 | 15.62 | 164.29 | 51.77 | -17.48 | 51.46 | 243.61 | -13.69 | -62.29 | 42.61 | 30.03 | 203.71 | 252.76 | -19.05 | -62.06 |
| 23Q3 (19) | 1.45 | 46.46 | -59.15 | 0.32 | 45.45 | 45.45 | 62.74 | -31.48 | 144.6 | 282.26 | -31.36 | -31.77 | 32.77 | -36.85 | -10.95 | 312.23 | -30.75 | -22.44 |
| 23Q2 (18) | 0.99 | -58.4 | -69.44 | 0.22 | -37.14 | -8.33 | 91.56 | 139.81 | 226.18 | 411.22 | 56.77 | 9.64 | 51.89 | 100.27 | -7.29 | 450.89 | 64.21 | 29.87 |
| 23Q1 (17) | 2.38 | -10.53 | -33.33 | 0.35 | 150.0 | -5.41 | 38.18 | 11.7 | 49.61 | 262.31 | -59.4 | 6.27 | 25.91 | 84.68 | -59.55 | 274.58 | -58.78 | 31.81 |
| 22Q4 (16) | 2.66 | -25.07 | -35.28 | 0.14 | -36.36 | -70.83 | 34.18 | 33.26 | 54.31 | 646.05 | 56.16 | 243.3 | 14.03 | -61.87 | -81.52 | 666.20 | 65.49 | 395.68 |
| 22Q3 (15) | 3.55 | 9.57 | -17.63 | 0.22 | -8.33 | -43.59 | 25.65 | -8.62 | 21.45 | 413.70 | 10.3 | 78.33 | 36.80 | -34.25 | -61.5 | 402.56 | 15.95 | 155.58 |
| 22Q2 (14) | 3.24 | -9.24 | -59.35 | 0.24 | -35.14 | -73.91 | 28.07 | 9.99 | 146.01 | 375.08 | 51.95 | 278.26 | 55.97 | -12.62 | 42.67 | 347.18 | 66.67 | 386.66 |
| 22Q1 (13) | 3.57 | -13.14 | 9.85 | 0.37 | -22.92 | -47.89 | 25.52 | 15.21 | -8.99 | 246.84 | 31.17 | 92.18 | 64.05 | -15.65 | 59.81 | 208.31 | 54.99 | 78.96 |
| 21Q4 (12) | 4.11 | -4.64 | 49.45 | 0.48 | 23.08 | -52.94 | 22.15 | 4.88 | -33.1 | 188.19 | -18.88 | 110.17 | 75.93 | -20.57 | 227.57 | 134.40 | -14.67 | 35.12 |
| 21Q3 (11) | 4.31 | -45.92 | 59.63 | 0.39 | -57.61 | -37.1 | 21.12 | 85.1 | -37.25 | 231.99 | 133.96 | 57.86 | 95.59 | 143.67 | 242.13 | 157.51 | 120.79 | 3.17 |
| 21Q2 (10) | 7.97 | 145.23 | 5.15 | 0.92 | 29.58 | -7.07 | 11.41 | -59.31 | -4.92 | 99.16 | -22.8 | 7.48 | 39.23 | -2.12 | 292.69 | 71.34 | -38.71 | -24.32 |
| 21Q1 (9) | 3.25 | 18.18 | -39.02 | 0.71 | -30.39 | 47.92 | 28.04 | -15.31 | 64.26 | 128.44 | 43.44 | -32.34 | 40.08 | 72.91 | 44.64 | 116.40 | 17.02 | -35.04 |
| 20Q4 (8) | 2.75 | 1.85 | -72.22 | 1.02 | 64.52 | 17.24 | 33.11 | -1.63 | 260.28 | 89.54 | -39.07 | -14.8 | 23.18 | -17.04 | -31.05 | 99.47 | -34.85 | 23.29 |
| 20Q3 (7) | 2.70 | -64.38 | -45.45 | 0.62 | -37.37 | 0.0 | 33.66 | 180.5 | 83.23 | 146.96 | 59.29 | 0.33 | 27.94 | 179.68 | -50.53 | 152.67 | 61.95 | 40.89 |
| 20Q2 (6) | 7.58 | 42.21 | 47.47 | 0.99 | 106.25 | 28.57 | 12.00 | -29.7 | -32.28 | 92.26 | -51.4 | -21.6 | 9.99 | -63.95 | -78.96 | 94.27 | -47.39 | 7.22 |
| 20Q1 (5) | 5.33 | -46.16 | -40.38 | 0.48 | -44.83 | -38.46 | 17.07 | 85.75 | 67.68 | 189.84 | 80.63 | 62.94 | 27.71 | -17.58 | -29.42 | 179.20 | 122.11 | 104.94 |
| 19Q4 (4) | 9.90 | 100.0 | 0.0 | 0.87 | 40.32 | 0.0 | 9.19 | -49.97 | 0.0 | 105.10 | -28.24 | 0.0 | 33.62 | -40.47 | 0.0 | 80.68 | -25.54 | 0.0 |
| 19Q3 (3) | 4.95 | -3.7 | 0.0 | 0.62 | -19.48 | 0.0 | 18.37 | 3.67 | 0.0 | 146.47 | 24.46 | 0.0 | 56.48 | 18.98 | 0.0 | 108.36 | 23.25 | 0.0 |
| 19Q2 (2) | 5.14 | -42.51 | 0.0 | 0.77 | -1.28 | 0.0 | 17.72 | 74.07 | 0.0 | 117.68 | 1.0 | 0.0 | 47.47 | 20.91 | 0.0 | 87.92 | 0.55 | 0.0 |
| 19Q1 (1) | 8.94 | 0.0 | 0.0 | 0.78 | 0.0 | 0.0 | 10.18 | 0.0 | 0.0 | 116.51 | 0.0 | 0.0 | 39.26 | 0.0 | 0.0 | 87.44 | 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) | 14.16 | 28.61 | 1.28 | 19.63 | 25.78 | -22.26 | 285.30 | -16.18 | 26.30 | -58.52 | 284.79 | -8.17 |
| 2022 (9) | 11.01 | -2.31 | 1.07 | -43.68 | 33.16 | 2.38 | 340.36 | 77.06 | 63.40 | -13.95 | 310.12 | 105.47 |
| 2021 (8) | 11.27 | -39.47 | 1.90 | -50.9 | 32.39 | 65.26 | 192.23 | 103.68 | 73.68 | 198.78 | 150.93 | 68.98 |
| 2020 (7) | 18.62 | -49.5 | 3.87 | 35.79 | 19.60 | 97.98 | 94.38 | -26.25 | 24.66 | -22.96 | 89.32 | -15.63 |
| 2019 (6) | 36.87 | 20.53 | 2.85 | 22.84 | 9.90 | -17.02 | 127.98 | -18.61 | 32.01 | -28.08 | 105.87 | -15.09 |
| 2018 (5) | 30.59 | -12.32 | 2.32 | -19.44 | 11.93 | 14.05 | 157.25 | 23.98 | 44.51 | 7.75 | 124.68 | 29.89 |
| 2017 (4) | 34.89 | -33.43 | 2.88 | -29.06 | 10.46 | 50.29 | 126.84 | 40.92 | 41.31 | 8.17 | 95.99 | 63.3 |
| 2016 (3) | 52.41 | -48.05 | 4.06 | -4.25 | 6.96 | 92.27 | 90.01 | 4.6 | 38.19 | -9.42 | 58.78 | 23.72 |
| 2015 (2) | 100.88 | -52.44 | 4.24 | 30.06 | 3.62 | 110.47 | 86.05 | -23.14 | 42.16 | -26.95 | 47.51 | -15.12 |
| 2014 (1) | 212.10 | -35.56 | 3.26 | 16.85 | 1.72 | 54.95 | 111.96 | -14.28 | 57.71 | -8.44 | 55.97 | -18.51 |
