- 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) | 3.54 | 21.65 | -14.08 | 7.13 | 1.57 | 14.81 | 25.73 | -17.85 | 16.58 | 12.76 | -1.62 | -12.96 | 27.69 | -18.08 | -5.75 | 10.80 | 2.96 | 47.14 |
| 23Q3 (19) | 2.91 | 2.46 | -14.91 | 7.02 | 26.94 | 39.84 | 31.32 | -2.16 | 17.88 | 12.97 | -21.2 | -28.42 | 33.80 | 10.31 | -13.13 | 10.49 | -41.17 | 81.49 |
| 23Q2 (18) | 2.84 | -9.27 | -29.35 | 5.53 | 14.97 | -12.36 | 32.01 | 10.23 | 41.51 | 16.46 | -12.96 | 14.07 | 30.64 | -5.69 | -5.4 | 17.83 | 15.33 | 282.62 |
| 23Q1 (17) | 3.13 | -24.03 | -27.71 | 4.81 | -22.54 | -24.13 | 29.04 | 31.58 | 38.22 | 18.91 | 28.99 | 31.87 | 32.49 | 10.59 | 2.17 | 15.46 | 110.63 | 334.27 |
| 22Q4 (16) | 4.12 | 20.47 | -52.2 | 6.21 | 23.71 | -25.09 | 22.07 | -16.94 | 109.0 | 14.66 | -19.09 | 33.64 | 29.38 | -24.49 | 4.11 | 7.34 | 26.99 | 209.72 |
| 22Q3 (15) | 3.42 | -14.93 | -82.75 | 5.02 | -20.44 | -38.4 | 26.57 | 17.46 | 478.87 | 18.12 | 25.57 | 62.22 | 38.91 | 20.13 | 6.69 | 5.78 | 24.03 | 127.91 |
| 22Q2 (14) | 4.02 | -7.16 | -80.96 | 6.31 | -0.47 | -22.29 | 22.62 | 7.66 | 424.83 | 14.43 | 0.63 | 28.84 | 32.39 | 1.86 | -2.59 | 4.66 | 30.9 | 126.28 |
| 22Q1 (13) | 4.33 | -49.77 | -81.37 | 6.34 | -23.52 | -2.61 | 21.01 | 98.96 | 435.97 | 14.34 | 30.72 | 2.58 | 31.80 | 12.69 | -1.03 | 3.56 | 153.21 | 125.02 |
| 21Q4 (12) | 8.62 | -56.53 | -68.04 | 8.29 | 1.72 | 15.94 | 10.56 | 130.07 | 213.35 | 10.97 | -1.79 | -13.76 | 28.22 | -22.62 | -0.63 | -6.69 | 67.7 | 45.65 |
| 21Q3 (11) | 19.83 | -6.06 | -10.47 | 8.15 | 0.37 | 8.52 | 4.59 | 6.5 | 11.68 | 11.17 | -0.27 | -7.76 | 36.47 | 9.68 | 10.25 | -20.71 | -16.81 | -22.84 |
| 21Q2 (10) | 21.11 | -9.17 | 3.84 | 8.12 | 24.73 | -4.69 | 4.31 | 9.95 | -3.79 | 11.20 | -19.89 | 4.87 | 33.25 | 3.49 | -0.63 | -17.73 | -24.6 | 3.11 |
| 21Q1 (9) | 23.24 | -13.83 | 12.6 | 6.51 | -8.95 | -5.92 | 3.92 | 16.32 | -11.11 | 13.98 | 9.91 | 6.23 | 32.13 | 13.13 | 6.39 | -14.23 | -15.6 | -12.67 |
| 20Q4 (8) | 26.97 | 21.76 | 44.07 | 7.15 | -4.79 | 12.07 | 3.37 | -18.0 | -30.66 | 12.72 | 5.04 | -10.86 | 28.40 | -14.15 | 7.66 | -12.31 | 26.99 | -69.79 |
| 20Q3 (7) | 22.15 | 8.95 | 49.97 | 7.51 | -11.85 | 22.51 | 4.11 | -8.26 | -33.28 | 12.11 | 13.39 | -18.4 | 33.08 | -1.14 | 6.13 | -16.86 | 7.87 | -65.78 |
| 20Q2 (6) | 20.33 | -1.5 | 27.86 | 8.52 | 23.12 | 24.2 | 4.48 | 1.59 | -21.68 | 10.68 | -18.84 | -19.46 | 33.46 | 10.79 | 1.36 | -18.30 | -44.89 | -30.53 |
| 20Q1 (5) | 20.64 | 10.26 | 30.63 | 6.92 | 8.46 | -1.28 | 4.41 | -9.26 | -23.44 | 13.16 | -7.78 | 1.31 | 30.20 | 14.48 | -3.7 | -12.63 | -74.21 | -0.08 |
| 19Q4 (4) | 18.72 | 26.74 | 0.0 | 6.38 | 4.08 | 0.0 | 4.86 | -21.1 | 0.0 | 14.27 | -3.84 | 0.0 | 26.38 | -15.37 | 0.0 | -7.25 | 28.71 | 0.0 |
| 19Q3 (3) | 14.77 | -7.11 | 0.0 | 6.13 | -10.64 | 0.0 | 6.16 | 7.69 | 0.0 | 14.84 | 11.92 | 0.0 | 31.17 | -5.57 | 0.0 | -10.17 | 27.46 | 0.0 |
| 19Q2 (2) | 15.90 | 0.63 | 0.0 | 6.86 | -2.14 | 0.0 | 5.72 | -0.69 | 0.0 | 13.26 | 2.08 | 0.0 | 33.01 | 5.26 | 0.0 | -14.02 | -11.09 | 0.0 |
| 19Q1 (1) | 15.80 | 0.0 | 0.0 | 7.01 | 0.0 | 0.0 | 5.76 | 0.0 | 0.0 | 12.99 | 0.0 | 0.0 | 31.36 | 0.0 | 0.0 | -12.62 | 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) | 11.92 | -20.95 | 19.44 | -10.41 | 30.63 | 26.52 | 18.78 | 11.65 | 35.67 | 1.25 | 13.74 | 136.9 |
| 2022 (9) | 15.08 | -50.2 | 21.70 | -9.92 | 24.21 | 100.75 | 16.82 | 11.02 | 35.23 | 6.56 | 5.80 | 0 |
| 2021 (8) | 30.28 | -64.77 | 24.09 | 8.17 | 12.06 | 183.76 | 15.15 | -7.57 | 33.06 | 1.63 | -5.85 | 0 |
| 2020 (7) | 85.94 | 27.45 | 22.27 | -4.67 | 4.25 | -21.44 | 16.39 | 4.93 | 32.53 | 4.36 | -11.89 | 0 |
| 2019 (6) | 67.43 | 4.85 | 23.36 | -14.71 | 5.41 | -4.75 | 15.62 | 17.18 | 31.17 | -8.59 | -10.13 | 0 |
| 2018 (5) | 64.31 | -13.32 | 27.39 | -13.95 | 5.68 | 15.45 | 13.33 | 16.22 | 34.10 | -9.43 | -15.10 | 0 |
| 2017 (4) | 74.19 | -1.84 | 31.83 | -21.08 | 4.92 | 1.86 | 11.47 | 26.74 | 37.65 | 0.16 | -21.26 | 0 |
| 2016 (3) | 75.58 | 4.91 | 40.33 | -8.94 | 4.83 | -4.73 | 9.05 | 9.83 | 37.59 | -2.57 | -23.71 | 0 |
| 2015 (2) | 72.04 | 19.53 | 44.29 | -0.76 | 5.07 | -16.34 | 8.24 | 0.73 | 38.58 | -2.28 | -25.27 | 0 |
| 2014 (1) | 60.27 | 34.08 | 44.63 | -2.0 | 6.06 | -25.37 | 8.18 | 2.12 | 39.48 | -2.66 | -25.24 | 0 |
