- 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) | 0.49 | 19.51 | 32.43 | 0.25 | 4.17 | 56.25 | 186.84 | -16.16 | -24.96 | 368.93 | -3.74 | -34.13 | 13.66 | -12.6 | -64.17 | 542.12 | -8.19 | -29.68 |
| 23Q3 (19) | 0.41 | -22.64 | -33.87 | 0.24 | -20.0 | -20.0 | 222.86 | 29.71 | 52.35 | 383.28 | 26.4 | 26.02 | 15.63 | -13.65 | -46.62 | 590.51 | 29.23 | 40.22 |
| 23Q2 (18) | 0.53 | 15.22 | -54.7 | 0.30 | 36.36 | -31.82 | 171.81 | -12.97 | 120.13 | 303.23 | -27.53 | 47.33 | 18.10 | -27.07 | -65.06 | 456.94 | -22.69 | 96.91 |
| 23Q1 (17) | 0.46 | 24.32 | -67.61 | 0.22 | 37.5 | -54.17 | 197.42 | -20.71 | 208.57 | 418.42 | -25.3 | 119.19 | 24.82 | -34.89 | -68.32 | 591.02 | -23.34 | 234.82 |
| 22Q4 (16) | 0.37 | -40.32 | -72.59 | 0.16 | -46.67 | -64.44 | 248.98 | 70.21 | 269.68 | 560.12 | 84.17 | 174.47 | 38.12 | 30.19 | -59.89 | 770.98 | 83.07 | 337.11 |
| 22Q3 (15) | 0.62 | -47.01 | -58.39 | 0.30 | -31.82 | -40.0 | 146.28 | 87.42 | 138.79 | 304.14 | 47.78 | 67.56 | 29.28 | -43.49 | -66.94 | 421.14 | 81.49 | 173.11 |
| 22Q2 (14) | 1.17 | -17.61 | -24.03 | 0.44 | -8.33 | -22.81 | 78.05 | 21.99 | 32.2 | 205.81 | 7.82 | 29.63 | 51.81 | -33.87 | -42.39 | 232.05 | 31.46 | 81.46 |
| 22Q1 (13) | 1.42 | 5.19 | -6.58 | 0.48 | 6.67 | -18.64 | 63.98 | -5.0 | 6.74 | 190.89 | -6.46 | 24.06 | 78.35 | -17.56 | -16.71 | 176.52 | 0.08 | 47.42 |
| 21Q4 (12) | 1.35 | -9.4 | 8.0 | 0.45 | -10.0 | -6.25 | 67.35 | 9.94 | -7.55 | 204.07 | 12.43 | 7.55 | 95.04 | 7.3 | 13.13 | 176.38 | 14.38 | -1.23 |
| 21Q3 (11) | 1.49 | -3.25 | 61.96 | 0.50 | -12.28 | 11.11 | 61.26 | 3.76 | -38.32 | 181.51 | 14.32 | -11.2 | 88.57 | -1.52 | 27.42 | 154.20 | 20.58 | -34.16 |
| 21Q2 (10) | 1.54 | 1.32 | 42.59 | 0.57 | -3.39 | 9.62 | 59.04 | -1.5 | -29.87 | 158.77 | 3.18 | -9.51 | 89.94 | -4.39 | 17.99 | 127.88 | 6.8 | -30.28 |
| 21Q1 (9) | 1.52 | 21.6 | 10.14 | 0.59 | 22.92 | -10.61 | 59.94 | -17.72 | -9.33 | 153.87 | -18.9 | 11.31 | 94.07 | 11.97 | 121.86 | 119.74 | -32.95 | -26.06 |
| 20Q4 (8) | 1.25 | 35.87 | 3.31 | 0.48 | 6.67 | 2.13 | 72.85 | -26.65 | -2.76 | 189.74 | -7.17 | -1.5 | 84.01 | 20.86 | 79.32 | 178.57 | -23.76 | -19.09 |
| 20Q3 (7) | 0.92 | -14.81 | -24.59 | 0.45 | -13.46 | 0.0 | 99.32 | 17.97 | 33.66 | 204.40 | 16.49 | 0.58 | 69.51 | -8.82 | 18.68 | 234.21 | 27.7 | 6.97 |
| 20Q2 (6) | 1.08 | -21.74 | -28.48 | 0.52 | -21.21 | 4.0 | 84.19 | 27.35 | 39.57 | 175.46 | 26.93 | -3.84 | 76.23 | 79.79 | 50.62 | 183.41 | 13.26 | -4.56 |
| 20Q1 (5) | 1.38 | 14.05 | 12.2 | 0.66 | 40.43 | 50.0 | 66.11 | -11.76 | -10.4 | 138.23 | -28.24 | -33.47 | 42.40 | -9.5 | -47.71 | 161.94 | -26.62 | -19.22 |
| 19Q4 (4) | 1.21 | -0.82 | 0.0 | 0.47 | 4.44 | 0.0 | 74.92 | 0.82 | 0.0 | 192.62 | -5.22 | 0.0 | 46.85 | -20.01 | 0.0 | 220.69 | 0.79 | 0.0 |
| 19Q3 (3) | 1.22 | -19.21 | 0.0 | 0.45 | -10.0 | 0.0 | 74.31 | 23.19 | 0.0 | 203.22 | 11.38 | 0.0 | 58.57 | 15.73 | 0.0 | 218.95 | 13.94 | 0.0 |
| 19Q2 (2) | 1.51 | 22.76 | 0.0 | 0.50 | 13.64 | 0.0 | 60.32 | -18.24 | 0.0 | 182.46 | -12.18 | 0.0 | 50.61 | -37.58 | 0.0 | 192.17 | -4.14 | 0.0 |
| 19Q1 (1) | 1.23 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 73.78 | 0.0 | 0.0 | 207.76 | 0.0 | 0.0 | 81.08 | 0.0 | 0.0 | 200.47 | 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) | 1.97 | -50.38 | 0.98 | -33.33 | 184.86 | 101.2 | 370.71 | 49.79 | 19.71 | -73.66 | 535.86 | 102.57 |
| 2022 (9) | 3.97 | -27.55 | 1.47 | -24.23 | 91.88 | 37.9 | 247.48 | 31.75 | 74.83 | -20.69 | 264.53 | 65.21 |
| 2021 (8) | 5.48 | 18.61 | 1.94 | 1.04 | 66.63 | -15.59 | 187.84 | -1.24 | 94.35 | 28.59 | 160.12 | -18.21 |
| 2020 (7) | 4.62 | -10.98 | 1.92 | -2.54 | 78.94 | 12.15 | 190.20 | 2.61 | 73.37 | 7.83 | 195.78 | 4.29 |
| 2019 (6) | 5.19 | 21.55 | 1.97 | 14.53 | 70.39 | -17.64 | 185.37 | -12.43 | 68.04 | -38.44 | 187.73 | 0.59 |
| 2018 (5) | 4.27 | -23.89 | 1.72 | -42.86 | 85.47 | 31.29 | 211.69 | 74.65 | 110.53 | 59.2 | 186.63 | 59.69 |
| 2017 (4) | 5.61 | 12.42 | 3.01 | 14.89 | 65.10 | -11.0 | 121.21 | -12.98 | 69.43 | 4.86 | 116.87 | -20.07 |
| 2016 (3) | 4.99 | 0 | 2.62 | 0 | 73.15 | 0 | 139.29 | 0 | 66.21 | 0 | 146.22 | 0 |
