- 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) | 3.44 | 30.3 | -27.12 | 4.65 | 9.67 | 49.52 | 26.43 | -23.3 | 37.09 | 19.58 | -8.8 | -33.04 | 13.83 | 14.58 | 67.03 | 32.18 | -26.65 | -20.01 |
| 23Q3 (19) | 2.64 | -17.76 | -28.84 | 4.24 | -1.17 | 9.0 | 34.46 | 21.38 | 40.42 | 21.47 | 1.23 | -8.29 | 12.07 | 53.56 | 102.18 | 43.87 | 5.1 | 4.48 |
| 23Q2 (18) | 3.21 | -37.43 | -19.35 | 4.29 | 8.06 | 16.26 | 28.39 | 60.03 | 24.25 | 21.21 | -7.42 | -13.92 | 7.86 | 11.33 | -19.3 | 41.74 | 24.26 | 10.6 |
| 23Q1 (17) | 5.13 | 8.69 | 13.5 | 3.97 | 27.65 | 0.51 | 17.74 | -7.99 | -11.92 | 22.91 | -21.65 | -0.48 | 7.06 | -14.73 | -35.7 | 33.59 | -16.51 | 4.38 |
| 22Q4 (16) | 4.72 | 27.22 | 8.76 | 3.11 | -20.05 | -9.06 | 19.28 | -21.43 | -8.06 | 29.24 | 24.9 | 9.8 | 8.28 | 38.69 | -36.36 | 40.23 | -4.19 | 16.27 |
| 22Q3 (15) | 3.71 | -6.78 | 34.42 | 3.89 | 5.42 | 45.69 | 24.54 | 7.4 | -25.59 | 23.41 | -4.99 | -31.41 | 5.97 | -38.71 | -52.16 | 41.99 | 11.26 | -23.14 |
| 22Q2 (14) | 3.98 | -11.95 | 86.85 | 3.69 | -6.58 | 52.48 | 22.85 | 13.46 | -46.62 | 24.64 | 7.04 | -34.54 | 9.74 | -11.29 | 10.18 | 37.74 | 17.28 | -47.31 |
| 22Q1 (13) | 4.52 | 4.15 | 145.65 | 3.95 | 15.5 | 85.45 | 20.14 | -3.96 | -59.29 | 23.02 | -13.56 | -46.19 | 10.98 | -15.6 | 0.46 | 32.18 | -6.99 | -60.43 |
| 21Q4 (12) | 4.34 | 57.25 | 99.08 | 3.42 | 28.09 | 84.86 | 20.97 | -36.42 | -49.68 | 26.63 | -21.97 | -45.9 | 13.01 | 4.25 | -39.09 | 34.60 | -36.66 | -50.24 |
| 21Q3 (11) | 2.76 | 29.58 | 2.22 | 2.67 | 10.33 | 5.95 | 32.98 | -22.96 | -2.25 | 34.13 | -9.33 | -5.46 | 12.48 | 41.18 | -34.42 | 54.63 | -23.72 | 7.5 |
| 21Q2 (10) | 2.13 | 15.76 | -15.81 | 2.42 | 13.62 | 30.11 | 42.81 | -13.46 | 19.08 | 37.64 | -12.01 | -23.12 | 8.84 | -19.12 | -63.61 | 71.62 | -11.93 | 18.15 |
| 21Q1 (9) | 1.84 | -15.6 | 2.79 | 2.13 | 15.14 | -2.74 | 49.47 | 18.72 | -2.81 | 42.78 | -13.08 | 3.18 | 10.93 | -48.83 | -65.83 | 81.32 | 16.96 | 34.68 |
| 20Q4 (8) | 2.18 | -19.26 | -17.42 | 1.85 | -26.59 | -46.22 | 41.67 | 23.5 | 21.06 | 49.22 | 36.34 | 86.16 | 21.36 | 12.24 | 23.75 | 69.53 | 36.82 | 59.47 |
| 20Q3 (7) | 2.70 | 6.72 | 39.9 | 2.52 | 35.48 | -9.35 | 33.74 | -6.15 | -28.32 | 36.10 | -26.27 | 10.16 | 19.03 | -21.66 | -14.93 | 50.82 | -16.17 | -11.57 |
| 20Q2 (6) | 2.53 | 41.34 | 44.57 | 1.86 | -15.07 | -56.24 | 35.95 | -29.37 | -30.98 | 48.96 | 18.09 | 128.46 | 24.29 | -24.07 | -37.33 | 60.62 | 0.4 | 74.4 |
| 20Q1 (5) | 1.79 | -32.2 | -1.1 | 2.19 | -36.34 | -41.13 | 50.90 | 47.88 | 1.05 | 41.46 | 56.81 | 69.57 | 31.99 | 85.34 | -18.85 | 60.38 | 38.49 | 70.61 |
| 19Q4 (4) | 2.64 | 36.79 | 0.0 | 3.44 | 23.74 | 0.0 | 34.42 | -26.87 | 0.0 | 26.44 | -19.32 | 0.0 | 17.26 | -22.84 | 0.0 | 43.60 | -24.13 | 0.0 |
| 19Q3 (3) | 1.93 | 10.29 | 0.0 | 2.78 | -34.59 | 0.0 | 47.07 | -9.64 | 0.0 | 32.77 | 52.92 | 0.0 | 22.37 | -42.29 | 0.0 | 57.47 | 65.33 | 0.0 |
| 19Q2 (2) | 1.75 | -3.31 | 0.0 | 4.25 | 14.25 | 0.0 | 52.09 | 3.41 | 0.0 | 21.43 | -12.35 | 0.0 | 38.76 | -1.67 | 0.0 | 34.76 | -1.78 | 0.0 |
| 19Q1 (1) | 1.81 | 0.0 | 0.0 | 3.72 | 0.0 | 0.0 | 50.37 | 0.0 | 0.0 | 24.45 | 0.0 | 0.0 | 39.42 | 0.0 | 0.0 | 35.39 | 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) | 18.47 | -1.12 | 16.65 | 20.39 | 19.76 | 1.13 | 21.92 | -16.94 | 11.41 | 13.87 | 30.27 | -15.68 |
| 2022 (9) | 18.68 | 74.09 | 13.83 | 18.0 | 19.54 | -42.58 | 26.39 | -15.23 | 10.02 | 3.51 | 35.90 | -35.29 |
| 2021 (8) | 10.73 | 66.87 | 11.72 | 26.43 | 34.03 | -40.02 | 31.13 | -20.95 | 9.68 | -54.23 | 55.48 | -26.0 |
| 2020 (7) | 6.43 | -9.56 | 9.27 | -25.18 | 56.74 | 10.48 | 39.38 | 33.63 | 21.15 | -33.91 | 74.97 | 53.53 |
| 2019 (6) | 7.11 | 51.92 | 12.39 | 27.08 | 51.36 | -34.15 | 29.47 | -21.31 | 32.00 | -17.7 | 48.83 | -36.24 |
| 2018 (5) | 4.68 | 15.27 | 9.75 | 1.35 | 78.00 | -13.17 | 37.45 | -1.29 | 38.88 | 17.64 | 76.58 | -19.15 |
| 2017 (4) | 4.06 | -7.73 | 9.62 | 16.46 | 89.83 | 8.37 | 37.94 | -14.16 | 33.05 | -36.96 | 94.72 | 26.89 |
| 2016 (3) | 4.40 | 1.85 | 8.26 | -18.14 | 82.89 | -1.92 | 44.20 | 22.17 | 52.43 | -14.66 | 74.65 | 26.01 |
| 2015 (2) | 4.32 | 28.57 | 10.09 | 9.67 | 84.51 | -22.15 | 36.18 | -8.82 | 61.44 | -49.25 | 59.24 | 117.95 |
| 2014 (1) | 3.36 | 0 | 9.20 | 0 | 108.56 | 0 | 39.68 | 0 | 121.06 | 0 | 27.18 | 0 |
