- 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) | 3.29 | 68.72 | -27.85 | 1.72 | 8.18 | -15.69 | 27.66 | -40.59 | 38.72 | 53.01 | -7.49 | 18.88 | 32.72 | 12.13 | -7.36 | 47.94 | -35.81 | 64.18 |
| 23Q3 (19) | 1.95 | 2.09 | -48.82 | 1.59 | -0.63 | -4.22 | 46.56 | -2.43 | 94.73 | 57.30 | 0.88 | 4.71 | 29.18 | -8.76 | -21.73 | 74.68 | 2.94 | 80.6 |
| 23Q2 (18) | 1.91 | -35.69 | -51.03 | 1.60 | -17.1 | 11.89 | 47.72 | 55.59 | 104.72 | 56.80 | 20.52 | -11.04 | 31.98 | -2.83 | 2.01 | 72.55 | 61.65 | 29.99 |
| 23Q1 (17) | 2.97 | -34.87 | -17.27 | 1.93 | -5.39 | 98.97 | 30.67 | 53.81 | 20.84 | 47.13 | 5.7 | -49.68 | 32.91 | -6.82 | -18.24 | 44.88 | 53.7 | -43.04 |
| 22Q4 (16) | 4.56 | 19.69 | 4.83 | 2.04 | 22.89 | 65.85 | 19.94 | -16.6 | -4.64 | 44.59 | -18.51 | -39.48 | 35.32 | -5.26 | 34.45 | 29.20 | -29.38 | -57.26 |
| 22Q3 (15) | 3.81 | -2.31 | 23.7 | 1.66 | 16.08 | 29.69 | 23.91 | 2.57 | -19.0 | 54.72 | -14.3 | -23.3 | 37.28 | 18.92 | 71.17 | 41.35 | -25.91 | -47.71 |
| 22Q2 (14) | 3.90 | 8.64 | 1.56 | 1.43 | 47.42 | -18.29 | 23.31 | -8.16 | -1.73 | 63.85 | -31.83 | 22.55 | 31.35 | -22.11 | 103.18 | 55.81 | -29.17 | -7.58 |
| 22Q1 (13) | 3.59 | -17.47 | -15.73 | 0.97 | -21.14 | -35.76 | 25.38 | 21.38 | 18.71 | 93.66 | 27.12 | 55.27 | 40.25 | 53.22 | 55.71 | 78.79 | 15.32 | 41.07 |
| 21Q4 (12) | 4.35 | 41.23 | -1.58 | 1.23 | -3.91 | -33.87 | 20.91 | -29.17 | 1.55 | 73.68 | 3.28 | 50.58 | 26.27 | 20.62 | -3.67 | 68.32 | -13.61 | 61.7 |
| 21Q3 (11) | 3.08 | -19.79 | 1.32 | 1.28 | -26.86 | -12.93 | 29.52 | 24.45 | -1.3 | 71.34 | 36.93 | 15.64 | 21.78 | 41.15 | -42.8 | 79.08 | 30.95 | 47.73 |
| 21Q2 (10) | 3.84 | -9.86 | -17.6 | 1.75 | 15.89 | -2.78 | 23.72 | 10.94 | 21.45 | 52.10 | -13.63 | 3.09 | 15.43 | -40.31 | -47.64 | 60.39 | 8.13 | 48.74 |
| 21Q1 (9) | 4.26 | -3.62 | 27.16 | 1.51 | -18.82 | 2.03 | 21.38 | 3.84 | -21.31 | 60.32 | 23.28 | -2.05 | 25.85 | -5.21 | -27.39 | 55.85 | 32.19 | 5.06 |
| 20Q4 (8) | 4.42 | 45.39 | 2.08 | 1.86 | 26.53 | -23.77 | 20.59 | -31.16 | -2.05 | 48.93 | -20.68 | 31.21 | 27.27 | -28.39 | -9.34 | 42.25 | -21.07 | 49.61 |
| 20Q3 (7) | 3.04 | -34.76 | 2.36 | 1.47 | -18.33 | -15.03 | 29.91 | 53.15 | -2.54 | 61.69 | 22.06 | 17.48 | 38.08 | 29.22 | -11.95 | 53.53 | 31.85 | 34.03 |
| 20Q2 (6) | 4.66 | 39.1 | 21.35 | 1.80 | 21.62 | -26.83 | 19.53 | -28.12 | -17.49 | 50.54 | -17.93 | 36.78 | 29.47 | -17.22 | 24.08 | 40.60 | -23.63 | 10.15 |
| 20Q1 (5) | 3.35 | -22.63 | -22.45 | 1.48 | -39.34 | -37.55 | 27.17 | 29.26 | 28.89 | 61.58 | 65.14 | 60.36 | 35.60 | 18.35 | 128.64 | 53.16 | 88.24 | 21.07 |
| 19Q4 (4) | 4.33 | 45.79 | 0.0 | 2.44 | 41.04 | 0.0 | 21.02 | -31.51 | 0.0 | 37.29 | -28.98 | 0.0 | 30.08 | -30.45 | 0.0 | 28.24 | -29.29 | 0.0 |
| 19Q3 (3) | 2.97 | -22.66 | 0.0 | 1.73 | -29.67 | 0.0 | 30.69 | 29.66 | 0.0 | 52.51 | 42.11 | 0.0 | 43.25 | 82.11 | 0.0 | 39.94 | 8.36 | 0.0 |
| 19Q2 (2) | 3.84 | -11.11 | 0.0 | 2.46 | 3.8 | 0.0 | 23.67 | 12.29 | 0.0 | 36.95 | -3.78 | 0.0 | 23.75 | 52.54 | 0.0 | 36.86 | -16.06 | 0.0 |
| 19Q1 (1) | 4.32 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 21.08 | 0.0 | 0.0 | 38.40 | 0.0 | 0.0 | 15.57 | 0.0 | 0.0 | 43.91 | 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) | 16.05 | -9.73 | 6.62 | 0.15 | 22.74 | 10.76 | 55.10 | -0.25 | 38.82 | 27.82 | 39.02 | -14.07 |
| 2022 (9) | 17.78 | -1.55 | 6.61 | 21.73 | 20.53 | 1.58 | 55.24 | -17.85 | 30.37 | -4.38 | 45.41 | -18.46 |
| 2021 (8) | 18.06 | 7.44 | 5.43 | -41.04 | 20.21 | -6.91 | 67.24 | 69.67 | 31.76 | 11.67 | 55.69 | 69.27 |
| 2020 (7) | 16.81 | 21.02 | 9.21 | -5.34 | 21.71 | -17.39 | 39.63 | 5.6 | 28.44 | 23.65 | 32.90 | -19.36 |
| 2019 (6) | 13.89 | -29.81 | 9.73 | -34.26 | 26.28 | 42.52 | 37.53 | 52.19 | 23.00 | 5.22 | 40.80 | 92.09 |
| 2018 (5) | 19.79 | 42.89 | 14.80 | 32.02 | 18.44 | -30.05 | 24.66 | -24.24 | 21.86 | -49.72 | 21.24 | 37.74 |
| 2017 (4) | 13.85 | -4.94 | 11.21 | 51.08 | 26.36 | 5.23 | 32.55 | -33.79 | 43.48 | -16.34 | 15.42 | -30.7 |
| 2016 (3) | 14.57 | 33.92 | 7.42 | 6.15 | 25.05 | -25.31 | 49.16 | -5.84 | 51.97 | -52.08 | 22.25 | 0 |
| 2015 (2) | 10.88 | 263.88 | 6.99 | -95.12 | 33.54 | -72.56 | 52.21 | 1947.45 | 108.45 | -14.09 | -22.71 | 0 |
| 2014 (1) | 2.99 | 0 | 143.30 | 0 | 122.25 | 0 | 2.55 | 0 | 126.23 | 0 | -1.43 | 0 |
