- 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) | 1.05 | 6.06 | 26.51 | 0.19 | 11.76 | 18.75 | 86.95 | -5.88 | -20.6 | 475.06 | -11.58 | -14.51 | 63.42 | -21.74 | -53.71 | 498.59 | -9.11 | -5.6 |
| 23Q3 (19) | 0.99 | 11.24 | 6.45 | 0.17 | 0.0 | -15.0 | 92.38 | -9.27 | -5.79 | 537.25 | -0.07 | 19.4 | 81.04 | 11.79 | -49.7 | 548.58 | -3.24 | 41.78 |
| 23Q2 (18) | 0.89 | -23.93 | -37.76 | 0.17 | 6.25 | -5.56 | 101.82 | 31.41 | 60.09 | 537.62 | -3.28 | 8.47 | 72.49 | -7.05 | -65.81 | 566.95 | 2.09 | 63.27 |
| 23Q1 (17) | 1.17 | 40.96 | -36.76 | 0.16 | 0.0 | -20.0 | 77.48 | -29.25 | 57.45 | 555.88 | 0.04 | 22.61 | 77.99 | -43.08 | -64.62 | 555.37 | 5.15 | 96.86 |
| 22Q4 (16) | 0.83 | -10.75 | -41.96 | 0.16 | -20.0 | -23.81 | 109.51 | 11.68 | 72.38 | 555.67 | 23.49 | 25.81 | 137.01 | -14.96 | -42.66 | 528.17 | 36.5 | 98.38 |
| 22Q3 (15) | 0.93 | -34.97 | -47.75 | 0.20 | 11.11 | -44.44 | 98.06 | 54.18 | 91.37 | 449.97 | -9.21 | 75.88 | 161.11 | -24.0 | 14.87 | 386.93 | 11.43 | 131.93 |
| 22Q2 (14) | 1.43 | -22.7 | -46.04 | 0.18 | -10.0 | -71.43 | 63.60 | 29.24 | 85.21 | 495.64 | 9.33 | 244.03 | 212.00 | -3.83 | 251.63 | 347.24 | 23.08 | 193.97 |
| 22Q1 (13) | 1.85 | 29.37 | 125.61 | 0.20 | -4.76 | -20.0 | 49.21 | -22.54 | -55.53 | 453.36 | 2.65 | 23.63 | 220.44 | -7.75 | 38.65 | 282.12 | 5.96 | -11.38 |
| 21Q4 (12) | 1.43 | -19.66 | 47.42 | 0.21 | -41.67 | -44.74 | 63.53 | 23.99 | -32.13 | 441.66 | 72.63 | 84.82 | 238.95 | 70.37 | 117.19 | 266.24 | 59.59 | 19.62 |
| 21Q3 (11) | 1.78 | -32.83 | 95.6 | 0.36 | -42.86 | 20.0 | 51.24 | 49.21 | -48.85 | 255.84 | 77.58 | -16.48 | 140.25 | 132.63 | 15.03 | 166.83 | 41.24 | -41.38 |
| 21Q2 (10) | 2.65 | 223.17 | 68.79 | 0.63 | 152.0 | 53.66 | 34.34 | -68.97 | -40.7 | 144.07 | -60.71 | -34.97 | 60.29 | -62.08 | -12.13 | 118.12 | -62.9 | -43.98 |
| 21Q1 (9) | 0.82 | -15.46 | -31.67 | 0.25 | -34.21 | 0.0 | 110.65 | 18.2 | 45.61 | 366.70 | 53.45 | 1.93 | 158.99 | 44.51 | 74.03 | 318.36 | 43.04 | -7.56 |
| 20Q4 (8) | 0.97 | 6.59 | -37.82 | 0.38 | 26.67 | 52.0 | 93.61 | -6.56 | 60.9 | 238.97 | -21.99 | -33.45 | 110.02 | -9.77 | -5.16 | 222.57 | -21.79 | -26.12 |
| 20Q3 (7) | 0.91 | -42.04 | -62.4 | 0.30 | -26.83 | 11.11 | 100.18 | 72.99 | 166.65 | 306.34 | 38.28 | -8.09 | 121.93 | 77.71 | -5.34 | 284.59 | 34.98 | 17.57 |
| 20Q2 (6) | 1.57 | 30.83 | -45.1 | 0.41 | 64.0 | 51.85 | 57.91 | -23.79 | 82.11 | 221.54 | -38.42 | -34.64 | 68.61 | -24.9 | -52.17 | 210.84 | -38.78 | -7.24 |
| 20Q1 (5) | 1.20 | -23.08 | -30.23 | 0.25 | 0.0 | -3.85 | 75.99 | 30.61 | 43.54 | 359.76 | 0.19 | 4.19 | 91.36 | -21.24 | -47.79 | 344.40 | 14.32 | 54.27 |
| 19Q4 (4) | 1.56 | -35.54 | 0.0 | 0.25 | -7.41 | 0.0 | 58.18 | 54.86 | 0.0 | 359.08 | 7.73 | 0.0 | 116.00 | -9.94 | 0.0 | 301.26 | 24.46 | 0.0 |
| 19Q3 (3) | 2.42 | -15.38 | 0.0 | 0.27 | 0.0 | 0.0 | 37.57 | 18.14 | 0.0 | 333.30 | -1.67 | 0.0 | 128.81 | -10.21 | 0.0 | 242.05 | 6.49 | 0.0 |
| 19Q2 (2) | 2.86 | 66.28 | 0.0 | 0.27 | 3.85 | 0.0 | 31.80 | -39.93 | 0.0 | 338.96 | -1.83 | 0.0 | 143.46 | -18.01 | 0.0 | 227.30 | 1.81 | 0.0 |
| 19Q1 (1) | 1.72 | 0.0 | 0.0 | 0.26 | 0.0 | 0.0 | 52.94 | 0.0 | 0.0 | 345.29 | 0.0 | 0.0 | 174.98 | 0.0 | 0.0 | 223.25 | 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) | 5.27 | -20.03 | 0.70 | -16.67 | 69.22 | 25.01 | 523.68 | 20.71 | 74.08 | -43.0 | 518.82 | 44.43 |
| 2022 (9) | 6.59 | 37.87 | 0.84 | -25.0 | 55.37 | -27.44 | 433.82 | 32.76 | 129.97 | -21.99 | 359.22 | 51.9 |
| 2021 (8) | 4.78 | 27.47 | 1.12 | -13.18 | 76.31 | -21.53 | 326.78 | 15.63 | 166.60 | 46.97 | 236.49 | -11.26 |
| 2020 (7) | 3.75 | -22.52 | 1.29 | 15.18 | 97.25 | 28.94 | 282.60 | -13.53 | 113.36 | -16.13 | 266.49 | -0.22 |
| 2019 (6) | 4.84 | 2.11 | 1.12 | -17.04 | 75.42 | -2.13 | 326.81 | 21.29 | 135.16 | -18.48 | 267.07 | 47.8 |
| 2018 (5) | 4.74 | -27.85 | 1.35 | -46.85 | 77.06 | 38.77 | 269.44 | 87.55 | 165.79 | 90.56 | 180.70 | 61.07 |
| 2017 (4) | 6.57 | 85.59 | 2.54 | 64.94 | 55.53 | -46.14 | 143.66 | -39.28 | 87.00 | -34.76 | 112.19 | -45.63 |
| 2016 (3) | 3.54 | 36.15 | 1.54 | -21.43 | 103.11 | -26.63 | 236.61 | 26.96 | 133.36 | 14.38 | 206.36 | -1.87 |
| 2015 (2) | 2.60 | 0 | 1.96 | 0 | 140.54 | 0 | 186.36 | 0 | 116.59 | 0 | 210.30 | 0 |
