- 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) | 2.35 | -0.42 | 23.68 | 0.77 | 28.33 | 196.15 | 38.71 | 0.18 | -19.05 | 118.00 | -22.01 | -66.09 | 45.67 | 29.12 | -33.66 | 111.04 | -28.17 | -66.04 |
| 23Q3 (19) | 2.36 | -25.32 | 26.2 | 0.60 | 33.33 | 62.16 | 38.64 | 34.21 | -20.51 | 151.31 | -25.6 | -38.56 | 35.37 | 63.75 | -61.53 | 154.58 | -26.58 | -23.83 |
| 23Q2 (18) | 3.16 | 65.45 | 42.99 | 0.45 | 104.55 | -32.84 | 28.79 | -39.72 | -29.93 | 203.36 | -50.72 | 49.24 | 21.60 | -47.43 | -73.44 | 210.55 | -49.79 | 119.28 |
| 23Q1 (17) | 1.91 | 0.53 | -24.51 | 0.22 | -15.38 | -75.56 | 47.76 | -0.13 | 32.59 | 412.66 | 18.57 | 310.4 | 41.09 | -40.31 | -38.47 | 419.34 | 28.23 | 500.77 |
| 22Q4 (16) | 1.90 | 1.6 | -22.45 | 0.26 | -29.73 | -73.2 | 47.82 | -1.63 | 28.96 | 348.03 | 41.33 | 271.99 | 68.84 | -25.13 | 7.21 | 327.01 | 61.14 | 392.26 |
| 22Q3 (15) | 1.87 | -15.38 | -20.43 | 0.37 | -44.78 | -62.24 | 48.61 | 18.3 | 25.77 | 246.26 | 80.73 | 166.37 | 91.94 | 13.05 | 30.02 | 202.93 | 111.34 | 236.03 |
| 22Q2 (14) | 2.21 | -12.65 | -1.78 | 0.67 | -25.56 | -37.38 | 41.09 | 14.08 | 1.61 | 136.26 | 35.51 | 60.29 | 81.33 | 21.79 | 22.47 | 96.02 | 37.56 | 62.64 |
| 22Q1 (13) | 2.53 | 3.27 | 0.0 | 0.90 | -7.22 | -25.62 | 36.02 | -2.86 | 0.19 | 100.55 | 7.47 | 33.73 | 66.78 | 4.0 | 24.73 | 69.80 | 5.07 | 21.18 |
| 21Q4 (12) | 2.45 | 4.26 | -14.34 | 0.97 | -1.02 | -9.35 | 37.08 | -4.06 | 16.68 | 93.56 | 1.2 | 9.59 | 64.21 | -9.19 | 21.22 | 66.43 | 10.0 | 3.51 |
| 21Q3 (11) | 2.35 | 4.44 | -0.42 | 0.98 | -8.41 | -2.0 | 38.65 | -4.43 | 0.26 | 92.45 | 8.75 | 1.44 | 70.71 | 6.47 | 22.85 | 60.39 | 2.29 | -16.28 |
| 21Q2 (10) | 2.25 | -11.07 | 9.22 | 1.07 | -11.57 | -2.73 | 40.44 | 12.49 | -8.36 | 85.01 | 13.06 | 2.43 | 66.41 | 24.04 | 23.39 | 59.04 | 2.5 | -19.45 |
| 21Q1 (9) | 2.53 | -11.54 | 31.09 | 1.21 | 13.08 | 24.74 | 35.95 | 13.12 | -23.75 | 75.19 | -11.92 | -20.16 | 53.54 | 1.08 | -0.37 | 57.60 | -10.25 | -34.23 |
| 20Q4 (8) | 2.86 | 21.19 | 49.74 | 1.07 | 7.0 | 13.83 | 31.78 | -17.56 | -33.32 | 85.37 | -6.33 | -11.78 | 52.97 | -7.97 | -34.85 | 64.18 | -11.02 | 1.65 |
| 20Q3 (7) | 2.36 | 14.56 | 10.8 | 1.00 | -9.09 | -2.91 | 38.55 | -12.64 | -9.78 | 91.14 | 9.82 | 3.57 | 57.56 | 6.95 | -37.28 | 72.13 | -1.6 | 85.19 |
| 20Q2 (6) | 2.06 | 6.74 | 6.74 | 1.10 | 13.4 | 11.11 | 44.13 | -6.41 | -6.48 | 82.99 | -11.87 | -10.02 | 53.82 | 0.15 | -42.82 | 73.30 | -16.31 | 61.85 |
| 20Q1 (5) | 1.93 | 1.05 | 3.76 | 0.97 | 3.19 | 2.11 | 47.15 | -1.07 | -3.58 | 94.17 | -2.69 | -1.86 | 53.74 | -33.9 | -44.46 | 87.58 | 38.71 | 82.12 |
| 19Q4 (4) | 1.91 | -10.33 | 0.0 | 0.94 | -8.74 | 0.0 | 47.66 | 11.54 | 0.0 | 96.77 | 9.97 | 0.0 | 81.30 | -11.42 | 0.0 | 63.14 | 62.11 | 0.0 |
| 19Q3 (3) | 2.13 | 10.36 | 0.0 | 1.03 | 4.04 | 0.0 | 42.73 | -9.45 | 0.0 | 88.00 | -4.59 | 0.0 | 91.78 | -2.5 | 0.0 | 38.95 | -14.0 | 0.0 |
| 19Q2 (2) | 1.93 | 3.76 | 0.0 | 0.99 | 4.21 | 0.0 | 47.19 | -3.5 | 0.0 | 92.23 | -3.88 | 0.0 | 94.13 | -2.72 | 0.0 | 45.29 | -5.82 | 0.0 |
| 19Q1 (1) | 1.86 | 0.0 | 0.0 | 0.95 | 0.0 | 0.0 | 48.90 | 0.0 | 0.0 | 95.95 | 0.0 | 0.0 | 96.76 | 0.0 | 0.0 | 48.09 | 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) | 8.82 | -4.13 | 1.74 | -13.0 | 41.40 | 4.33 | 210.14 | 14.91 | 46.71 | -14.59 | 204.84 | 22.03 |
| 2022 (9) | 9.20 | -16.13 | 2.00 | -54.13 | 39.68 | 19.27 | 182.88 | 118.49 | 54.69 | 0.76 | 167.86 | 167.76 |
| 2021 (8) | 10.97 | 25.09 | 4.36 | 5.06 | 33.27 | -20.02 | 83.70 | -4.94 | 54.28 | 2.13 | 62.69 | -18.05 |
| 2020 (7) | 8.77 | 4.65 | 4.15 | -1.43 | 41.60 | -4.52 | 88.05 | 1.57 | 53.15 | -9.7 | 76.50 | 7.14 |
| 2019 (6) | 8.38 | -8.42 | 4.21 | 15.98 | 43.57 | 9.17 | 86.69 | -13.83 | 58.86 | -36.76 | 71.40 | 50.54 |
| 2018 (5) | 9.15 | -14.08 | 3.63 | -4.47 | 39.91 | 16.39 | 100.60 | 4.64 | 93.08 | -5.01 | 47.43 | 46.25 |
| 2017 (4) | 10.65 | 32.46 | 3.80 | 30.14 | 34.29 | -24.5 | 96.14 | -23.07 | 97.99 | -15.55 | 32.43 | -40.34 |
| 2016 (3) | 8.04 | 0 | 2.92 | 0 | 45.42 | 0 | 124.97 | 0 | 116.03 | 0 | 54.36 | 0 |
