- 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) | 1.53 | 24.39 | 22.4 | 0.57 | -35.96 | -16.18 | 59.34 | -19.93 | -18.19 | 159.01 | 55.13 | 18.95 | 42.36 | 9.85 | -14.89 | 175.98 | 27.48 | 12.49 |
| 23Q3 (19) | 1.23 | -21.15 | -19.61 | 0.89 | -11.0 | 41.27 | 74.11 | 26.71 | 24.95 | 102.50 | 12.67 | -28.95 | 38.56 | 0.55 | 20.8 | 138.05 | 24.25 | -19.57 |
| 23Q2 (18) | 1.56 | 0.0 | -7.14 | 1.00 | 13.64 | 100.0 | 58.49 | 0.24 | 7.74 | 90.97 | -11.65 | -49.72 | 38.35 | -8.43 | 42.51 | 111.11 | -6.97 | -46.66 |
| 23Q1 (17) | 1.56 | 24.8 | 22.83 | 0.88 | 29.41 | 31.34 | 58.35 | -19.55 | -18.35 | 102.96 | -22.98 | -24.28 | 41.88 | -15.85 | 8.58 | 119.43 | -23.66 | -29.27 |
| 22Q4 (16) | 1.25 | -18.3 | 0.81 | 0.68 | 7.94 | 7.94 | 72.53 | 22.29 | -1.39 | 133.68 | -7.33 | -7.35 | 49.77 | 55.92 | -1.09 | 156.44 | -8.86 | -6.61 |
| 22Q3 (15) | 1.53 | -8.93 | 15.91 | 0.63 | 26.0 | -18.18 | 59.31 | 9.25 | -14.03 | 144.26 | -20.27 | 22.27 | 31.92 | 18.62 | -21.42 | 171.65 | -17.6 | 17.28 |
| 22Q2 (14) | 1.68 | 32.28 | 44.83 | 0.50 | -25.37 | -36.71 | 54.29 | -24.03 | -30.55 | 180.93 | 33.07 | 57.07 | 26.91 | -30.23 | -49.06 | 208.32 | 23.38 | 48.25 |
| 22Q1 (13) | 1.27 | 2.42 | -15.89 | 0.67 | 6.35 | -54.11 | 71.46 | -2.84 | 18.45 | 135.97 | -5.76 | 117.97 | 38.57 | -23.35 | -4.2 | 168.85 | 0.8 | 104.79 |
| 21Q4 (12) | 1.24 | -6.06 | -17.33 | 0.63 | -18.18 | -58.82 | 73.55 | 6.61 | 21.05 | 144.28 | 22.29 | 142.57 | 50.32 | 23.88 | 11.03 | 167.51 | 14.45 | 123.62 |
| 21Q3 (11) | 1.32 | 13.79 | -22.35 | 0.77 | -2.53 | -54.97 | 68.99 | -11.74 | 28.91 | 117.98 | 2.42 | 121.23 | 40.62 | -23.11 | -7.74 | 146.36 | 4.16 | 132.98 |
| 21Q2 (10) | 1.16 | -23.18 | -69.07 | 0.79 | -45.89 | -76.42 | 78.17 | 29.57 | 61.01 | 115.19 | 84.66 | 112.02 | 52.83 | 31.22 | 32.71 | 140.52 | 70.43 | 122.8 |
| 21Q1 (9) | 1.51 | 0.67 | -20.53 | 1.46 | -4.58 | -9.88 | 60.33 | -0.71 | 26.11 | 62.38 | 4.88 | 10.74 | 40.26 | -11.17 | 7.85 | 82.45 | 10.07 | 23.35 |
| 20Q4 (8) | 1.50 | -11.76 | -16.2 | 1.53 | -10.53 | 2.0 | 60.76 | 13.53 | 19.61 | 59.48 | 11.53 | -2.01 | 45.32 | 2.93 | -7.55 | 74.91 | 19.25 | 19.88 |
| 20Q3 (7) | 1.70 | -54.67 | -20.56 | 1.71 | -48.96 | -34.48 | 53.52 | 10.24 | 25.84 | 53.33 | -1.84 | 52.94 | 44.03 | 10.6 | 33.87 | 62.82 | -0.4 | 41.17 |
| 20Q2 (6) | 3.75 | 97.37 | -0.79 | 3.35 | 106.79 | -41.54 | 48.55 | 1.48 | 0.77 | 54.33 | -3.55 | 71.06 | 39.81 | 6.64 | 2.55 | 63.07 | -5.64 | 53.38 |
| 20Q1 (5) | 1.90 | 6.15 | 0 | 1.62 | 8.0 | 0 | 47.84 | -5.83 | 0 | 56.33 | -7.2 | 0 | 37.33 | -23.85 | 0 | 66.84 | 6.96 | 0 |
| 19Q4 (4) | 1.79 | -16.36 | 0.0 | 1.50 | -42.53 | 0.0 | 50.80 | 19.45 | 0.0 | 60.70 | 74.08 | 0.0 | 49.02 | 49.04 | 0.0 | 62.49 | 40.43 | 0.0 |
| 19Q3 (3) | 2.14 | -43.39 | 0.0 | 2.61 | -54.45 | 0.0 | 42.53 | -11.73 | 0.0 | 34.87 | 9.79 | 0.0 | 32.89 | -15.28 | 0.0 | 44.50 | 8.22 | 0.0 |
| 19Q2 (2) | 3.78 | 0 | 0.0 | 5.73 | 0 | 0.0 | 48.18 | 0 | 0.0 | 31.76 | 0 | 0.0 | 38.82 | 0 | 0.0 | 41.12 | 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) | 5.71 | 34.99 | 2.79 | 22.91 | 63.87 | -25.96 | 130.72 | -18.68 | 41.17 | -35.33 | 153.41 | -16.33 |
| 2022 (9) | 4.23 | -24.33 | 2.27 | -38.48 | 86.27 | 32.09 | 160.74 | 62.41 | 63.66 | 42.32 | 183.35 | 53.37 |
| 2021 (8) | 5.59 | -24.76 | 3.69 | -35.71 | 65.31 | 33.01 | 98.97 | 55.59 | 44.73 | 2.73 | 119.55 | 72.84 |
| 2020 (7) | 7.43 | -3.76 | 5.74 | -33.26 | 49.10 | 3.89 | 63.61 | 49.92 | 43.54 | 18.35 | 69.17 | 30.76 |
| 2019 (6) | 7.72 | 105.87 | 8.60 | -40.24 | 47.26 | -51.44 | 42.43 | 67.24 | 36.79 | -10.94 | 52.90 | -35.0 |
| 2018 (5) | 3.75 | -29.91 | 14.39 | -8.58 | 97.32 | 42.53 | 25.37 | 9.4 | 41.31 | -21.61 | 81.38 | 109.9 |
| 2017 (4) | 5.35 | -43.62 | 15.74 | 19.97 | 68.28 | 77.49 | 23.19 | -16.64 | 52.70 | -24.63 | 38.77 | 0 |
| 2016 (3) | 9.49 | 0 | 13.12 | 0 | 38.47 | 0 | 27.82 | 0 | 69.92 | 0 | -3.63 | 0 |
