- 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) | 0.76 | -14.61 | -3.8 | 0.47 | 20.51 | -20.34 | 119.44 | 16.48 | 3.15 | 192.40 | -16.81 | 23.71 | 78.29 | -7.77 | -59.71 | 233.55 | -6.18 | 203.27 |
| 23Q3 (19) | 0.89 | 45.9 | 3.49 | 0.39 | 44.44 | -57.14 | 102.54 | -30.76 | -2.56 | 231.27 | -32.13 | 131.22 | 84.89 | -43.13 | -32.45 | 248.93 | -26.69 | 212.8 |
| 23Q2 (18) | 0.61 | -6.15 | -21.79 | 0.27 | -15.62 | -68.6 | 148.09 | 6.39 | 26.61 | 340.73 | 19.99 | 221.78 | 149.27 | -36.93 | 11.82 | 339.55 | 82.09 | 279.94 |
| 23Q1 (17) | 0.65 | -17.72 | -22.62 | 0.32 | -45.76 | -65.59 | 139.19 | 20.21 | 27.93 | 283.97 | 82.58 | 189.38 | 236.69 | 21.8 | 44.25 | 186.47 | 142.14 | 335.17 |
| 22Q4 (16) | 0.79 | -8.14 | 2.6 | 0.59 | -35.16 | -46.36 | 115.79 | 10.04 | -1.41 | 155.53 | 55.5 | 88.77 | 194.32 | 54.63 | 5.3 | 77.01 | -3.23 | 403.33 |
| 22Q3 (15) | 0.86 | 10.26 | -5.49 | 0.91 | 5.81 | -48.3 | 105.23 | -10.04 | 4.69 | 100.02 | -5.54 | 93.57 | 125.67 | -5.86 | -12.43 | 79.58 | -10.95 | 816.82 |
| 22Q2 (14) | 0.78 | -7.14 | -31.58 | 0.86 | -7.53 | -56.12 | 116.97 | 7.51 | 45.94 | 105.89 | 7.91 | 127.52 | 133.49 | -18.64 | -1.55 | 89.37 | 108.56 | 1104.16 |
| 22Q1 (13) | 0.84 | 9.09 | -39.57 | 0.93 | -15.45 | -54.19 | 108.80 | -7.36 | 66.69 | 98.13 | 19.1 | 119.28 | 164.08 | -11.09 | 38.02 | 42.85 | 180.07 | 583.63 |
| 21Q4 (12) | 0.77 | -15.38 | -43.38 | 1.10 | -37.5 | -39.56 | 117.45 | 16.84 | 75.48 | 82.39 | 59.45 | 64.81 | 184.54 | 28.59 | 84.56 | 15.30 | 76.27 | -9.63 |
| 21Q3 (11) | 0.91 | -20.18 | -31.58 | 1.76 | -10.2 | 35.38 | 100.52 | 25.41 | 46.81 | 51.67 | 11.02 | -26.0 | 143.51 | 5.84 | 33.56 | 8.68 | 197.53 | -71.85 |
| 21Q2 (10) | 1.14 | -17.99 | -11.63 | 1.96 | -3.45 | 104.17 | 80.15 | 22.8 | 13.66 | 46.54 | 4.0 | -51.07 | 135.59 | 14.06 | 23.27 | -8.90 | -0.45 | -115.99 |
| 21Q1 (9) | 1.39 | 2.21 | 13.01 | 2.03 | 11.54 | 174.32 | 65.27 | -2.48 | -11.44 | 44.75 | -10.48 | -63.6 | 118.88 | 18.89 | 24.12 | -8.86 | -152.33 | -108.79 |
| 20Q4 (8) | 1.36 | 2.26 | 13.33 | 1.82 | 40.0 | 198.36 | 66.93 | -2.25 | -11.7 | 49.99 | -28.4 | -66.64 | 99.99 | -6.94 | -28.6 | 16.93 | -45.09 | -80.22 |
| 20Q3 (7) | 1.33 | 3.1 | -18.4 | 1.30 | 35.42 | 68.83 | 68.47 | -2.91 | 22.49 | 69.82 | -26.6 | -41.23 | 107.45 | -2.31 | -12.47 | 30.83 | -44.61 | -40.64 |
| 20Q2 (6) | 1.29 | 4.88 | -21.82 | 0.96 | 29.73 | 35.21 | 70.52 | -4.31 | 28.12 | 95.12 | -22.63 | -26.03 | 109.99 | 14.84 | 14.74 | 55.66 | -44.81 | -36.58 |
| 20Q1 (5) | 1.23 | 2.5 | -44.84 | 0.74 | 21.31 | 45.1 | 73.70 | -2.77 | 80.24 | 122.94 | -17.96 | -30.79 | 95.78 | -31.61 | -10.59 | 100.85 | 17.8 | -9.47 |
| 19Q4 (4) | 1.20 | -26.38 | 0.0 | 0.61 | -20.78 | 0.0 | 75.80 | 35.6 | 0.0 | 149.86 | 26.14 | 0.0 | 140.05 | 14.08 | 0.0 | 85.61 | 64.82 | 0.0 |
| 19Q3 (3) | 1.63 | -1.21 | 0.0 | 0.77 | 8.45 | 0.0 | 55.90 | 1.56 | 0.0 | 118.80 | -7.62 | 0.0 | 122.76 | 28.06 | 0.0 | 51.94 | -40.82 | 0.0 |
| 19Q2 (2) | 1.65 | -26.01 | 0.0 | 0.71 | 39.22 | 0.0 | 55.04 | 34.61 | 0.0 | 128.60 | -27.6 | 0.0 | 95.86 | -10.51 | 0.0 | 87.77 | -21.21 | 0.0 |
| 19Q1 (1) | 2.23 | 0.0 | 0.0 | 0.51 | 0.0 | 0.0 | 40.89 | 0.0 | 0.0 | 177.63 | 0.0 | 0.0 | 107.12 | 0.0 | 0.0 | 111.40 | 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) | 2.62 | -27.82 | 1.60 | -49.53 | 139.49 | 38.85 | 228.08 | 98.33 | 168.87 | -1.75 | 198.70 | 355.94 |
| 2022 (9) | 3.63 | -11.46 | 3.17 | -37.48 | 100.46 | 12.94 | 115.00 | 59.63 | 171.88 | 13.62 | 43.58 | 348.82 |
| 2021 (8) | 4.10 | -24.49 | 5.07 | 12.67 | 88.95 | 32.41 | 72.04 | -11.26 | 151.28 | 55.11 | 9.71 | -80.9 |
| 2020 (7) | 5.43 | -38.44 | 4.50 | 90.68 | 67.18 | 62.27 | 81.18 | -47.42 | 97.53 | -3.94 | 50.83 | -46.08 |
| 2019 (6) | 8.82 | -61.52 | 2.36 | -8.53 | 41.40 | 159.89 | 154.39 | 8.92 | 101.53 | -1.76 | 94.27 | 73.55 |
| 2018 (5) | 22.92 | 21.53 | 2.58 | -1.53 | 15.93 | -17.72 | 141.74 | 1.78 | 103.35 | -15.54 | 54.32 | 49.81 |
| 2017 (4) | 18.86 | 69.45 | 2.62 | -17.87 | 19.36 | -40.98 | 139.26 | 21.73 | 122.36 | -1.88 | 36.26 | 61.16 |
| 2016 (3) | 11.13 | 123.49 | 3.19 | -47.36 | 32.80 | -55.2 | 114.40 | 90.1 | 124.70 | -6.84 | 22.50 | 0 |
| 2015 (2) | 4.98 | -12.01 | 6.06 | -50.25 | 73.22 | 13.55 | 60.18 | 100.8 | 133.86 | 48.06 | -0.45 | 0 |
| 2014 (1) | 5.66 | 0 | 12.18 | 0 | 64.48 | 0 | 29.97 | 0 | 90.41 | 0 | 4.04 | 0 |
