- 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) | 0.88 | 20.55 | -33.33 | 1.64 | 56.19 | 102.47 | 103.52 | -16.72 | 50.44 | 55.50 | -35.83 | -50.5 | 22.25 | -6.0 | 36.67 | 136.78 | -26.91 | -16.93 |
| 23Q3 (19) | 0.73 | -39.17 | -52.9 | 1.05 | -2.78 | 45.83 | 124.31 | 63.87 | 111.38 | 86.49 | 2.55 | -31.34 | 23.67 | 18.83 | -16.15 | 187.13 | 33.41 | 19.53 |
| 23Q2 (18) | 1.20 | 9.09 | -39.39 | 1.08 | 25.58 | 40.26 | 75.86 | -8.3 | 64.81 | 84.34 | -20.53 | -29.08 | 19.92 | 4.79 | -48.71 | 140.27 | -17.42 | 11.23 |
| 23Q1 (17) | 1.10 | -16.67 | -69.1 | 0.86 | 6.17 | -34.35 | 82.73 | 20.23 | 223.8 | 106.13 | -5.35 | 52.22 | 19.01 | 16.77 | -35.21 | 169.85 | 3.15 | 157.66 |
| 22Q4 (16) | 1.32 | -14.84 | -66.24 | 0.81 | 12.5 | -31.93 | 68.81 | 17.0 | 196.08 | 112.13 | -10.98 | 46.15 | 16.28 | -42.33 | -68.97 | 164.66 | 5.18 | 246.58 |
| 22Q3 (15) | 1.55 | -21.72 | -77.67 | 0.72 | -6.49 | -69.75 | 58.81 | 27.76 | 348.59 | 125.96 | 5.92 | 229.48 | 28.23 | -27.32 | -30.49 | 156.55 | 24.14 | 1358.99 |
| 22Q2 (14) | 1.98 | -44.38 | -80.2 | 0.77 | -41.22 | -71.9 | 46.03 | 80.16 | 405.82 | 118.92 | 70.57 | 257.55 | 38.84 | 32.38 | 4.52 | 126.11 | 91.31 | 2320.54 |
| 22Q1 (13) | 3.56 | -8.95 | -64.79 | 1.31 | 10.08 | -42.79 | 25.55 | 9.94 | 183.89 | 69.72 | -9.12 | 75.31 | 29.34 | -44.07 | -32.08 | 65.92 | 38.75 | 1083.48 |
| 21Q4 (12) | 3.91 | -43.66 | -40.4 | 1.19 | -50.0 | -62.46 | 23.24 | 77.27 | 67.68 | 76.72 | 100.68 | 166.85 | 52.46 | 29.18 | 38.38 | 47.51 | 342.78 | 908.7 |
| 21Q3 (11) | 6.94 | -30.6 | 58.45 | 2.38 | -13.14 | -34.79 | 13.11 | 44.07 | -36.94 | 38.23 | 14.94 | 53.47 | 40.61 | 9.28 | 8.93 | 10.73 | 105.95 | 27.43 |
| 21Q2 (10) | 10.00 | -1.09 | 197.62 | 2.74 | 19.65 | -4.2 | 9.10 | 1.11 | -66.41 | 33.26 | -16.37 | 4.69 | 37.16 | -13.98 | 4.38 | 5.21 | -6.46 | -77.6 |
| 21Q1 (9) | 10.11 | 54.12 | 273.06 | 2.29 | -27.76 | 4.09 | 9.00 | -35.06 | -73.22 | 39.77 | 38.33 | -3.91 | 43.20 | 13.95 | 21.45 | 5.57 | 18.26 | -85.87 |
| 20Q4 (8) | 6.56 | 49.77 | 166.67 | 3.17 | -13.15 | 73.22 | 13.86 | -33.33 | -62.47 | 28.75 | 15.42 | -42.26 | 37.91 | 1.69 | -23.41 | 4.71 | -44.06 | -87.35 |
| 20Q3 (7) | 4.38 | 30.36 | 45.03 | 3.65 | 27.62 | 38.26 | 20.79 | -23.26 | -31.0 | 24.91 | -21.59 | -27.63 | 37.28 | 4.72 | 10.99 | 8.42 | -63.8 | -72.81 |
| 20Q2 (6) | 3.36 | 23.99 | 67.16 | 2.86 | 30.0 | 65.32 | 27.09 | -19.4 | -40.17 | 31.77 | -23.24 | -39.59 | 35.60 | 0.08 | -1.36 | 23.26 | -40.99 | -62.35 |
| 20Q1 (5) | 2.71 | 10.16 | 18.34 | 2.20 | 20.22 | 28.65 | 33.61 | -8.99 | -15.57 | 41.39 | -16.87 | -22.08 | 35.57 | -28.14 | 19.89 | 39.42 | 5.91 | -37.69 |
| 19Q4 (4) | 2.46 | -18.54 | 0.0 | 1.83 | -30.68 | 0.0 | 36.93 | 22.57 | 0.0 | 49.79 | 44.65 | 0.0 | 49.50 | 47.37 | 0.0 | 37.22 | 20.18 | 0.0 |
| 19Q3 (3) | 3.02 | 50.25 | 0.0 | 2.64 | 52.6 | 0.0 | 30.13 | -33.46 | 0.0 | 34.42 | -34.55 | 0.0 | 33.59 | -6.93 | 0.0 | 30.97 | -49.87 | 0.0 |
| 19Q2 (2) | 2.01 | -12.23 | 0.0 | 1.73 | 1.17 | 0.0 | 45.28 | 13.74 | 0.0 | 52.59 | -1.0 | 0.0 | 36.09 | 21.64 | 0.0 | 61.78 | -2.34 | 0.0 |
| 19Q1 (1) | 2.29 | 0.0 | 0.0 | 1.71 | 0.0 | 0.0 | 39.81 | 0.0 | 0.0 | 53.12 | 0.0 | 0.0 | 29.67 | 0.0 | 0.0 | 63.26 | 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) | 3.55 | -57.02 | 4.11 | 11.99 | 102.91 | 132.83 | 88.76 | -10.7 | 24.29 | -27.73 | 167.38 | 52.19 |
| 2022 (9) | 8.26 | -76.76 | 3.67 | -57.38 | 44.20 | 330.38 | 99.39 | 134.47 | 33.61 | 5.92 | 109.98 | 425.47 |
| 2021 (8) | 35.54 | 86.37 | 8.61 | 12.11 | 10.27 | -46.34 | 42.39 | -10.8 | 31.73 | -31.36 | 20.93 | 2.45 |
| 2020 (7) | 19.07 | 99.06 | 7.68 | 29.29 | 19.14 | -49.75 | 47.52 | -22.62 | 46.23 | 16.86 | 20.43 | -65.92 |
| 2019 (6) | 9.58 | -1.84 | 5.94 | -26.85 | 38.09 | 1.9 | 61.41 | 36.59 | 39.56 | 46.57 | 59.94 | 8.29 |
| 2018 (5) | 9.76 | 12.44 | 8.12 | -2.05 | 37.38 | -11.11 | 44.96 | 2.16 | 26.99 | -30.22 | 55.35 | 16.8 |
| 2017 (4) | 8.68 | -4.3 | 8.29 | -4.71 | 42.05 | 4.45 | 44.01 | 4.89 | 38.68 | -12.71 | 47.39 | 24.97 |
| 2016 (3) | 9.07 | 10.34 | 8.70 | -33.23 | 40.26 | -9.34 | 41.96 | 49.8 | 44.31 | 14.41 | 37.92 | 12.56 |
| 2015 (2) | 8.22 | 19.13 | 13.03 | 6.19 | 44.41 | -16.03 | 28.01 | -5.88 | 38.73 | 2.41 | 33.69 | -24.85 |
| 2014 (1) | 6.90 | 0 | 12.27 | 0 | 52.89 | 0 | 29.76 | 0 | 37.82 | 0 | 44.83 | 0 |
