- 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) | 1.85 | 41.22 | -11.48 | 2.36 | 3.06 | -17.77 | 49.19 | -29.17 | 12.8 | 38.54 | -3.02 | 21.58 | 11.79 | -16.2 | -8.11 | 75.93 | -20.17 | 21.53 |
| 23Q3 (19) | 1.31 | -25.14 | -19.63 | 2.29 | -28.88 | -1.29 | 69.45 | 33.69 | 24.75 | 39.74 | 40.47 | 1.35 | 14.07 | 42.84 | 35.03 | 95.11 | 35.12 | 12.61 |
| 23Q2 (18) | 1.75 | 14.38 | 9.37 | 3.22 | 68.59 | 46.36 | 51.95 | -12.59 | -8.51 | 28.29 | -40.63 | -31.63 | 9.85 | -58.3 | -40.01 | 70.39 | -15.66 | -13.89 |
| 23Q1 (17) | 1.53 | -26.79 | -4.97 | 1.91 | -33.45 | -22.67 | 59.43 | 36.28 | 4.85 | 47.65 | 50.32 | 29.27 | 23.62 | 84.1 | 26.72 | 83.46 | 33.58 | 11.43 |
| 22Q4 (16) | 2.09 | 28.22 | 26.67 | 2.87 | 23.71 | 12.11 | 43.61 | -21.66 | -20.95 | 31.70 | -19.15 | -10.88 | 12.83 | 23.13 | -9.33 | 62.48 | -26.02 | -18.41 |
| 22Q3 (15) | 1.63 | 1.87 | -2.4 | 2.32 | 5.45 | -11.11 | 55.67 | -1.95 | 2.43 | 39.21 | -5.24 | 12.45 | 10.42 | -36.54 | -23.77 | 84.46 | 3.33 | 11.79 |
| 22Q2 (14) | 1.60 | -0.62 | -12.09 | 2.20 | -10.93 | -19.41 | 56.78 | 0.18 | 13.38 | 41.38 | 12.26 | 24.26 | 16.42 | -11.91 | -0.91 | 81.74 | 9.13 | 22.33 |
| 22Q1 (13) | 1.61 | -2.42 | 40.0 | 2.47 | -3.52 | 26.67 | 56.68 | 2.74 | -28.21 | 36.86 | 3.63 | -20.87 | 18.64 | 31.73 | -0.96 | 74.90 | -2.19 | -29.81 |
| 21Q4 (12) | 1.65 | -1.2 | -17.5 | 2.56 | -1.92 | -5.88 | 55.17 | 1.51 | 21.28 | 35.57 | 2.01 | 6.27 | 14.15 | 3.51 | 12.12 | 76.58 | 1.36 | 15.44 |
| 21Q3 (11) | 1.67 | -8.24 | -2.34 | 2.61 | -4.4 | 31.16 | 54.35 | 8.53 | 1.97 | 34.87 | 4.71 | -23.63 | 13.67 | -17.5 | -2.01 | 75.55 | 13.06 | -11.14 |
| 21Q2 (10) | 1.82 | 58.26 | 31.88 | 2.73 | 40.0 | 33.82 | 50.08 | -36.57 | -24.17 | 33.30 | -28.51 | -25.5 | 16.57 | -11.96 | 22.65 | 66.82 | -37.38 | -31.27 |
| 21Q1 (9) | 1.15 | -42.5 | -47.0 | 1.95 | -28.31 | -23.53 | 78.95 | 73.55 | 88.7 | 46.58 | 39.17 | 30.73 | 18.82 | 49.13 | 21.34 | 106.71 | 60.85 | 72.22 |
| 20Q4 (8) | 2.00 | 16.96 | 124.72 | 2.72 | 36.68 | 72.15 | 45.49 | -14.65 | -55.54 | 33.47 | -26.7 | -41.74 | 12.62 | -9.53 | -42.53 | 66.34 | -21.97 | -51.86 |
| 20Q3 (7) | 1.71 | 23.91 | 216.67 | 1.99 | -2.45 | 5.85 | 53.30 | -19.29 | -68.4 | 45.66 | 2.15 | -5.64 | 13.95 | 3.26 | -25.08 | 85.02 | -12.55 | -57.16 |
| 20Q2 (6) | 1.38 | -36.41 | -3.5 | 2.04 | -20.0 | -3.32 | 66.04 | 57.84 | 4.13 | 44.70 | 25.46 | 3.76 | 13.51 | -12.89 | -18.57 | 97.22 | 56.91 | 8.13 |
| 20Q1 (5) | 2.17 | 143.82 | 51.75 | 2.55 | 61.39 | 129.73 | 41.84 | -59.11 | -34.1 | 35.63 | -37.98 | -56.56 | 15.51 | -29.37 | -24.05 | 61.96 | -55.04 | -50.46 |
| 19Q4 (4) | 0.89 | 64.81 | 0.0 | 1.58 | -15.96 | 0.0 | 102.32 | -39.34 | 0.0 | 57.45 | 18.72 | 0.0 | 21.96 | 17.94 | 0.0 | 137.81 | -30.56 | 0.0 |
| 19Q3 (3) | 0.54 | -62.24 | 0.0 | 1.88 | -10.9 | 0.0 | 168.69 | 165.99 | 0.0 | 48.39 | 12.33 | 0.0 | 18.62 | 12.24 | 0.0 | 198.47 | 120.74 | 0.0 |
| 19Q2 (2) | 1.43 | 0.0 | 0.0 | 2.11 | 90.09 | 0.0 | 63.42 | -0.11 | 0.0 | 43.08 | -47.48 | 0.0 | 16.59 | -18.76 | 0.0 | 89.91 | -28.12 | 0.0 |
| 19Q1 (1) | 1.43 | 0.0 | 0.0 | 1.11 | 0.0 | 0.0 | 63.49 | 0.0 | 0.0 | 82.02 | 0.0 | 0.0 | 20.42 | 0.0 | 0.0 | 125.08 | 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) | 6.59 | -13.63 | 8.08 | -20.94 | 55.35 | 15.65 | 45.16 | 26.46 | 15.85 | -19.09 | 84.66 | 32.34 |
| 2022 (9) | 7.63 | 33.86 | 10.22 | 4.82 | 47.86 | -25.29 | 35.71 | -4.57 | 19.59 | 30.25 | 63.97 | -25.99 |
| 2021 (8) | 5.70 | -13.9 | 9.75 | 19.05 | 64.06 | 16.13 | 37.42 | -16.04 | 15.04 | -12.51 | 86.44 | 4.72 |
| 2020 (7) | 6.62 | -18.57 | 8.19 | 39.52 | 55.16 | 22.82 | 44.57 | -28.3 | 17.19 | 29.74 | 82.54 | -12.03 |
| 2019 (6) | 8.13 | 88.19 | 5.87 | 59.51 | 44.91 | -46.85 | 62.16 | -37.4 | 13.25 | -10.23 | 93.83 | -44.49 |
| 2018 (5) | 4.32 | -15.79 | 3.68 | -50.8 | 84.49 | 18.83 | 99.30 | 103.48 | 14.76 | -1.67 | 169.02 | 61.14 |
| 2017 (4) | 5.13 | -10.0 | 7.48 | -43.67 | 71.10 | 11.06 | 48.80 | 77.58 | 15.01 | -36.02 | 104.89 | 54.16 |
| 2016 (3) | 5.70 | 22.58 | 13.28 | 5.23 | 64.02 | -18.39 | 27.48 | -4.98 | 23.46 | -45.59 | 68.04 | 5.9 |
| 2015 (2) | 4.65 | -10.92 | 12.62 | -4.03 | 78.45 | 12.2 | 28.92 | 4.18 | 43.12 | -4.24 | 64.25 | 22.03 |
| 2014 (1) | 5.22 | 0 | 13.15 | 0 | 69.92 | 0 | 27.76 | 0 | 45.03 | 0 | 52.65 | 0 |
