- 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) | 1.43 | 0.0 | 88.16 | 1.07 | 33.75 | 234.38 | 63.63 | 0.32 | -46.81 | 85.43 | -24.78 | -70.4 | 43.54 | 8.58 | -53.62 | 105.53 | -22.91 | -66.43 |
| 23Q3 (19) | 1.43 | -13.33 | 31.19 | 0.80 | 35.59 | 21.21 | 63.43 | 14.85 | -24.11 | 113.57 | -26.46 | -17.08 | 40.10 | 4.02 | -55.05 | 136.90 | -20.0 | 4.25 |
| 23Q2 (18) | 1.65 | 50.0 | 3.12 | 0.59 | 55.26 | -64.88 | 55.23 | -33.19 | -2.8 | 154.44 | -36.01 | 185.05 | 38.55 | -5.75 | -23.6 | 171.12 | -39.56 | 182.66 |
| 23Q1 (17) | 1.10 | 44.74 | -30.82 | 0.38 | 18.75 | -81.09 | 82.67 | -30.9 | 44.71 | 241.35 | -16.37 | 434.2 | 40.90 | -56.43 | -16.22 | 283.11 | -9.94 | 429.28 |
| 22Q4 (16) | 0.76 | -30.28 | -47.95 | 0.32 | -51.52 | -86.61 | 119.63 | 43.13 | 91.35 | 288.59 | 110.71 | 657.26 | 93.87 | 5.21 | 82.38 | 314.34 | 139.37 | 539.42 |
| 22Q3 (15) | 1.09 | -31.87 | -25.34 | 0.66 | -60.71 | -76.43 | 83.58 | 47.1 | 34.2 | 136.96 | 152.79 | 320.9 | 89.22 | 76.81 | 84.84 | 131.32 | 116.91 | 182.11 |
| 22Q2 (14) | 1.60 | 0.63 | 11.11 | 1.68 | -16.42 | -38.24 | 56.82 | -0.54 | -10.27 | 54.18 | 19.92 | 61.68 | 50.46 | 3.36 | 6.1 | 60.54 | 13.18 | 22.85 |
| 22Q1 (13) | 1.59 | 8.9 | 12.77 | 2.01 | -15.9 | -22.09 | 57.13 | -8.62 | -11.23 | 45.18 | 18.55 | 27.99 | 48.82 | -5.15 | 23.91 | 53.49 | 8.81 | -11.22 |
| 21Q4 (12) | 1.46 | 0.0 | 13.18 | 2.39 | -14.64 | 23.83 | 62.52 | 0.39 | -11.14 | 38.11 | 17.12 | -19.07 | 51.47 | 6.63 | 26.28 | 49.16 | 5.61 | -35.89 |
| 21Q3 (11) | 1.46 | 1.39 | 36.45 | 2.80 | 2.94 | 108.96 | 62.28 | -1.64 | -26.68 | 32.54 | -2.89 | -52.11 | 48.27 | 1.49 | 4.44 | 46.55 | -5.54 | -56.36 |
| 21Q2 (10) | 1.44 | 2.13 | 20.0 | 2.72 | 5.43 | 130.51 | 63.32 | -1.62 | -16.45 | 33.51 | -5.07 | -56.6 | 47.56 | 20.71 | 12.78 | 49.28 | -18.21 | -55.54 |
| 21Q1 (9) | 1.41 | 9.3 | 39.6 | 2.58 | 33.68 | 152.94 | 64.36 | -8.53 | -28.27 | 35.30 | -25.04 | -60.32 | 39.40 | -3.34 | -28.75 | 60.25 | -21.43 | -51.18 |
| 20Q4 (8) | 1.29 | 20.56 | -20.86 | 1.93 | 44.03 | 3.21 | 70.36 | -17.17 | 26.16 | 47.09 | -30.7 | -3.39 | 40.76 | -11.81 | 11.7 | 76.68 | -28.12 | 12.73 |
| 20Q3 (7) | 1.07 | -10.83 | -24.65 | 1.34 | 13.56 | -15.19 | 84.94 | 12.07 | 32.22 | 67.95 | -12.0 | 18.32 | 46.22 | 9.6 | 53.71 | 106.68 | -3.75 | 16.46 |
| 20Q2 (6) | 1.20 | 18.81 | -51.81 | 1.18 | 15.69 | -63.91 | 75.79 | -15.54 | 3.81 | 77.22 | -13.21 | 38.61 | 42.17 | -23.74 | 18.29 | 110.84 | -10.18 | 19.08 |
| 20Q1 (5) | 1.01 | -38.04 | -9.01 | 1.02 | -45.45 | -6.42 | 89.73 | 60.89 | 9.69 | 88.97 | 82.54 | 6.36 | 55.30 | 51.55 | 50.27 | 123.40 | 81.42 | -4.07 |
| 19Q4 (4) | 1.63 | 14.79 | 0.0 | 1.87 | 18.35 | 0.0 | 55.77 | -13.18 | 0.0 | 48.74 | -15.13 | 0.0 | 36.49 | 21.35 | 0.0 | 68.02 | -25.74 | 0.0 |
| 19Q3 (3) | 1.42 | -42.97 | 0.0 | 1.58 | -51.68 | 0.0 | 64.24 | -12.01 | 0.0 | 57.43 | 3.09 | 0.0 | 30.07 | -15.65 | 0.0 | 91.60 | -1.59 | 0.0 |
| 19Q2 (2) | 2.49 | 124.32 | 0.0 | 3.27 | 200.0 | 0.0 | 73.01 | -10.75 | 0.0 | 55.71 | -33.4 | 0.0 | 35.65 | -3.12 | 0.0 | 93.08 | -27.64 | 0.0 |
| 19Q1 (1) | 1.11 | 0.0 | 0.0 | 1.09 | 0.0 | 0.0 | 81.80 | 0.0 | 0.0 | 83.65 | 0.0 | 0.0 | 36.80 | 0.0 | 0.0 | 128.64 | 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) | 5.05 | -11.4 | 2.94 | -2.97 | 72.32 | 12.86 | 123.98 | 2.79 | 41.63 | 8.38 | 154.67 | 5.72 |
| 2022 (9) | 5.70 | -10.94 | 3.03 | -63.45 | 64.08 | 12.32 | 120.62 | 174.01 | 38.41 | -21.93 | 146.30 | 182.11 |
| 2021 (8) | 6.40 | 23.31 | 8.29 | 11.73 | 57.05 | -18.87 | 44.02 | -10.51 | 49.20 | 19.42 | 51.86 | -33.78 |
| 2020 (7) | 5.19 | 4.85 | 7.42 | 31.1 | 70.32 | -4.68 | 49.19 | -23.68 | 41.20 | 10.69 | 78.31 | -22.47 |
| 2019 (6) | 4.95 | -8.5 | 5.66 | 19.16 | 73.77 | 9.43 | 64.45 | -16.05 | 37.22 | 19.22 | 101.00 | -10.6 |
| 2018 (5) | 5.41 | 5.46 | 4.75 | 16.42 | 67.41 | -5.34 | 76.77 | -14.26 | 31.22 | -31.05 | 112.97 | -2.17 |
| 2017 (4) | 5.13 | -10.47 | 4.08 | -5.12 | 71.21 | 11.75 | 89.54 | 5.39 | 45.28 | 3.71 | 115.47 | 9.95 |
| 2016 (3) | 5.73 | -10.19 | 4.30 | -19.32 | 63.72 | 11.46 | 84.96 | 23.96 | 43.66 | -2.46 | 105.02 | 29.73 |
| 2015 (2) | 6.38 | 0 | 5.33 | 0 | 57.17 | 0 | 68.54 | 0 | 44.76 | 0 | 80.95 | 0 |
