- 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) | 0.63 | -8.7 | -1.56 | 0.93 | 16.25 | 25.68 | 143.71 | 9.09 | 1.13 | 98.14 | -13.42 | -20.73 | 64.23 | 11.03 | -39.37 | 177.61 | -5.14 | 11.03 |
| 23Q3 (19) | 0.69 | 15.0 | 0.0 | 0.80 | 12.68 | -10.11 | 131.73 | -13.7 | 0.3 | 113.35 | -11.76 | 11.0 | 57.85 | -15.67 | -36.21 | 187.23 | -11.9 | 31.15 |
| 23Q2 (18) | 0.60 | 5.26 | -26.83 | 0.71 | 14.52 | -19.32 | 152.65 | -4.81 | 37.14 | 128.46 | -12.29 | 23.71 | 68.60 | -33.67 | -16.42 | 212.51 | 4.48 | 59.7 |
| 23Q1 (17) | 0.57 | -10.94 | -17.39 | 0.62 | -16.22 | -15.07 | 160.37 | 12.86 | 21.94 | 146.46 | 18.3 | 16.86 | 103.43 | -2.36 | 14.95 | 203.40 | 27.16 | 21.89 |
| 22Q4 (16) | 0.64 | -7.25 | -5.88 | 0.74 | -16.85 | 4.23 | 142.10 | 8.2 | 6.5 | 123.80 | 21.23 | -3.67 | 105.93 | 16.8 | 19.37 | 159.96 | 12.05 | -7.65 |
| 22Q3 (15) | 0.69 | -15.85 | -15.85 | 0.89 | 1.14 | 18.67 | 131.33 | 17.99 | 17.93 | 102.12 | -1.66 | -15.7 | 90.69 | 10.49 | 10.56 | 142.76 | 7.28 | -5.12 |
| 22Q2 (14) | 0.82 | 18.84 | 54.72 | 0.88 | 20.55 | 69.23 | 111.31 | -15.37 | -35.13 | 103.84 | -17.15 | -40.24 | 82.08 | -8.78 | -43.33 | 133.07 | -20.26 | -33.63 |
| 22Q1 (13) | 0.69 | 1.47 | 25.45 | 0.73 | 2.82 | -2.67 | 131.52 | -1.43 | -19.8 | 125.33 | -2.48 | 3.64 | 89.98 | 1.4 | -32.75 | 166.87 | -3.66 | 10.42 |
| 21Q4 (12) | 0.68 | -17.07 | -9.33 | 0.71 | -5.33 | -44.53 | 133.43 | 19.82 | 10.01 | 128.52 | 6.09 | 80.99 | 88.74 | 8.18 | 9.27 | 173.21 | 15.11 | 55.9 |
| 21Q3 (11) | 0.82 | 54.72 | 57.69 | 0.75 | 44.23 | -26.47 | 111.36 | -35.1 | -36.51 | 121.14 | -30.28 | 36.34 | 82.03 | -43.36 | -20.74 | 150.47 | -24.96 | -6.39 |
| 21Q2 (10) | 0.53 | -3.64 | -35.37 | 0.52 | -30.67 | -69.05 | 171.59 | 4.63 | 55.27 | 173.76 | 43.69 | 220.12 | 144.83 | 8.24 | 107.49 | 200.51 | 32.68 | 111.09 |
| 21Q1 (9) | 0.55 | -26.67 | 12.24 | 0.75 | -41.41 | -30.56 | 163.99 | 35.2 | -10.85 | 120.93 | 70.3 | 43.11 | 133.80 | 64.76 | 22.85 | 151.12 | 36.02 | -5.27 |
| 20Q4 (8) | 0.75 | 44.23 | 13.64 | 1.28 | 25.49 | -3.03 | 121.29 | -30.85 | -11.67 | 71.01 | -20.08 | 3.26 | 81.21 | -21.54 | 2.5 | 111.10 | -30.88 | -12.42 |
| 20Q3 (7) | 0.52 | -36.59 | -5.45 | 1.02 | -39.29 | -3.77 | 175.39 | 58.71 | 6.17 | 88.85 | 63.69 | 3.95 | 103.50 | 48.28 | 7.8 | 160.74 | 69.22 | 3.93 |
| 20Q2 (6) | 0.82 | 67.35 | 3.8 | 1.68 | 55.56 | 26.32 | 110.51 | -39.92 | -3.55 | 54.28 | -35.76 | -20.83 | 69.80 | -35.91 | -5.06 | 94.99 | -40.46 | -13.35 |
| 20Q1 (5) | 0.49 | -25.76 | -36.36 | 1.08 | -18.18 | 3.85 | 183.94 | 33.96 | 56.53 | 84.50 | 22.87 | -3.73 | 108.91 | 37.46 | 40.4 | 159.53 | 25.76 | 24.92 |
| 19Q4 (4) | 0.66 | 20.0 | 0.0 | 1.32 | 24.53 | 0.0 | 137.31 | -16.88 | 0.0 | 68.77 | -19.54 | 0.0 | 79.23 | -17.48 | 0.0 | 126.85 | -17.98 | 0.0 |
| 19Q3 (3) | 0.55 | -30.38 | 0.0 | 1.06 | -20.3 | 0.0 | 165.20 | 44.18 | 0.0 | 85.47 | 24.66 | 0.0 | 96.01 | 30.59 | 0.0 | 154.66 | 41.09 | 0.0 |
| 19Q2 (2) | 0.79 | 2.6 | 0.0 | 1.33 | 27.88 | 0.0 | 114.58 | -2.49 | 0.0 | 68.56 | -21.89 | 0.0 | 73.52 | -5.22 | 0.0 | 109.62 | -14.16 | 0.0 |
| 19Q1 (1) | 0.77 | 0.0 | 0.0 | 1.04 | 0.0 | 0.0 | 117.51 | 0.0 | 0.0 | 87.77 | 0.0 | 0.0 | 77.57 | 0.0 | 0.0 | 127.71 | 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) | 2.23 | -24.41 | 2.81 | -10.79 | 163.44 | 32.19 | 129.78 | 11.94 | 100.11 | 14.74 | 193.11 | 26.77 |
| 2022 (9) | 2.95 | 19.43 | 3.15 | -4.55 | 123.64 | -16.34 | 115.94 | 4.84 | 87.25 | -13.84 | 152.33 | -3.05 |
| 2021 (8) | 2.47 | -5.36 | 3.30 | -27.79 | 147.79 | 5.72 | 110.59 | 38.45 | 101.26 | 1.44 | 157.12 | 31.1 |
| 2020 (7) | 2.61 | -11.53 | 4.57 | -3.79 | 139.79 | 12.88 | 79.88 | 3.86 | 99.82 | 29.79 | 119.85 | -3.22 |
| 2019 (6) | 2.95 | -16.19 | 4.75 | 11.5 | 123.84 | 19.58 | 76.91 | -10.27 | 76.91 | 2.96 | 123.84 | 8.1 |
| 2018 (5) | 3.52 | 11.04 | 4.26 | 33.12 | 103.56 | -9.95 | 85.71 | -24.82 | 74.70 | -28.24 | 114.56 | -8.29 |
| 2017 (4) | 3.17 | -17.45 | 3.20 | 2.89 | 115.00 | 20.85 | 114.01 | -2.88 | 104.09 | 1.16 | 124.91 | 13.92 |
| 2016 (3) | 3.84 | -1.79 | 3.11 | 0.65 | 95.16 | 1.84 | 117.39 | -0.63 | 102.90 | 7.34 | 109.65 | -5.24 |
| 2015 (2) | 3.91 | 0 | 3.09 | 0 | 93.44 | 0 | 118.13 | 0 | 95.86 | 0 | 115.71 | 0 |
