- 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) | 1.84 | 106.74 | -15.21 | 1.03 | 151.22 | -17.6 | 49.55 | -51.38 | 18.2 | 88.11 | -60.58 | 20.83 | 50.37 | -49.32 | 243.59 | 87.30 | -61.38 | -12.85 |
| 23Q3 (19) | 0.89 | 25.35 | -47.95 | 0.41 | 0.0 | -37.88 | 101.92 | -20.19 | 91.0 | 223.54 | 0.09 | 61.89 | 99.39 | 23.19 | 477.51 | 226.07 | -16.38 | 29.75 |
| 23Q2 (18) | 0.71 | -45.8 | -43.65 | 0.41 | -57.29 | -30.51 | 127.70 | 83.21 | 77.02 | 223.33 | 135.43 | 45.36 | 80.68 | 189.8 | 498.96 | 270.34 | 97.75 | 27.33 |
| 23Q1 (17) | 1.31 | -39.63 | -10.88 | 0.96 | -23.2 | 50.0 | 69.70 | 66.27 | 12.66 | 94.86 | 30.09 | -33.59 | 27.84 | 89.9 | 148.57 | 136.71 | 36.48 | -29.36 |
| 22Q4 (16) | 2.17 | 26.9 | 11.28 | 1.25 | 89.39 | 38.89 | 41.92 | -21.44 | -10.24 | 72.92 | -47.19 | -28.25 | 14.66 | -14.82 | 118.15 | 100.17 | -42.51 | -29.27 |
| 22Q3 (15) | 1.71 | 35.71 | 22.14 | 0.66 | 11.86 | 32.0 | 53.36 | -26.03 | -17.98 | 138.08 | -10.13 | -24.72 | 17.21 | 27.77 | 110.65 | 174.23 | -17.94 | -27.5 |
| 22Q2 (14) | 1.26 | -14.29 | -26.32 | 0.59 | -7.81 | 5.36 | 72.14 | 16.6 | 35.93 | 153.64 | 7.55 | -5.66 | 13.47 | 20.27 | 163.6 | 212.32 | 9.71 | 0.72 |
| 22Q1 (13) | 1.47 | -24.62 | 9.7 | 0.64 | -28.89 | 1.59 | 61.87 | 32.48 | -9.15 | 142.85 | 40.56 | -1.41 | 11.20 | 66.67 | 118.32 | 193.52 | 36.65 | -6.9 |
| 21Q4 (12) | 1.95 | 39.29 | 37.32 | 0.90 | 80.0 | -18.92 | 46.70 | -28.22 | -27.29 | 101.63 | -44.59 | 24.52 | 6.72 | -17.75 | 141.73 | 141.62 | -41.07 | -1.01 |
| 21Q3 (11) | 1.40 | -18.13 | -17.65 | 0.50 | -10.71 | -35.06 | 65.06 | 22.59 | 21.27 | 183.42 | 12.63 | 54.58 | 8.17 | 59.88 | 258.33 | 240.31 | 13.99 | 41.33 |
| 21Q2 (10) | 1.71 | 27.61 | 4.91 | 0.56 | -11.11 | 5.66 | 53.07 | -22.07 | -5.22 | 162.85 | 12.4 | -5.61 | 5.11 | -0.39 | 219.38 | 210.81 | 1.42 | -7.1 |
| 21Q1 (9) | 1.34 | -5.63 | 67.5 | 0.63 | -43.24 | 12.5 | 68.10 | 6.03 | -39.87 | 144.89 | 77.52 | -11.51 | 5.13 | 84.53 | 37.53 | 207.86 | 45.29 | -23.93 |
| 20Q4 (8) | 1.42 | -16.47 | 3.65 | 1.11 | 44.16 | -28.85 | 64.23 | 19.72 | -3.3 | 81.62 | -31.22 | 40.29 | 2.78 | 21.93 | 0.36 | 143.07 | -15.86 | 17.44 |
| 20Q3 (7) | 1.70 | 4.29 | 36.0 | 0.77 | 45.28 | -56.5 | 53.65 | -4.18 | -26.58 | 118.66 | -31.22 | 131.4 | 2.28 | 42.5 | -17.39 | 170.03 | -25.07 | 39.84 |
| 20Q2 (6) | 1.63 | 103.75 | 20.74 | 0.53 | -5.36 | -78.1 | 55.99 | -50.56 | -16.99 | 172.53 | 5.37 | 357.88 | 1.60 | -57.1 | -24.17 | 226.92 | -16.96 | 120.27 |
| 20Q1 (5) | 0.80 | -41.61 | -20.0 | 0.56 | -64.1 | -78.21 | 113.25 | 70.51 | 24.79 | 163.73 | 181.42 | 361.73 | 3.73 | 34.66 | 32.27 | 273.25 | 124.31 | 121.45 |
| 19Q4 (4) | 1.37 | 9.6 | 0.0 | 1.56 | -11.86 | 0.0 | 66.42 | -9.1 | 0.0 | 58.18 | 13.46 | 0.0 | 2.77 | 0.36 | 0.0 | 121.82 | 0.19 | 0.0 |
| 19Q3 (3) | 1.25 | -7.41 | 0.0 | 1.77 | -26.86 | 0.0 | 73.07 | 8.33 | 0.0 | 51.28 | 36.09 | 0.0 | 2.76 | 30.81 | 0.0 | 121.59 | 18.03 | 0.0 |
| 19Q2 (2) | 1.35 | 35.0 | 0.0 | 2.42 | -5.84 | 0.0 | 67.45 | -25.67 | 0.0 | 37.68 | 6.26 | 0.0 | 2.11 | -25.18 | 0.0 | 103.02 | -16.51 | 0.0 |
| 19Q1 (1) | 1.00 | 0.0 | 0.0 | 2.57 | 0.0 | 0.0 | 90.75 | 0.0 | 0.0 | 35.46 | 0.0 | 0.0 | 2.82 | 0.0 | 0.0 | 123.39 | 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) | 4.41 | -22.22 | 4.07 | -0.73 | 82.77 | 28.48 | 89.59 | 0.61 | 43.09 | 172.38 | 129.27 | -6.09 |
| 2022 (9) | 5.67 | 26.56 | 4.10 | 29.75 | 64.42 | -20.88 | 89.05 | -22.85 | 15.82 | 119.11 | 137.65 | -27.41 |
| 2021 (8) | 4.48 | 20.11 | 3.16 | -15.28 | 81.42 | -16.87 | 115.42 | 18.1 | 7.22 | 60.8 | 189.62 | -0.82 |
| 2020 (7) | 3.73 | -21.64 | 3.73 | -56.78 | 97.94 | 27.59 | 97.73 | 131.15 | 4.49 | 47.7 | 191.18 | 64.8 |
| 2019 (6) | 4.76 | -4.42 | 8.63 | -64.93 | 76.76 | 4.73 | 42.28 | 185.1 | 3.04 | -57.24 | 116.01 | 43.2 |
| 2018 (5) | 4.98 | -10.59 | 24.61 | -56.68 | 73.29 | 11.84 | 14.83 | 130.64 | 7.11 | -50.76 | 81.01 | 40.84 |
| 2017 (4) | 5.57 | -3.8 | 56.81 | 22.28 | 65.53 | 4.03 | 6.43 | -18.19 | 14.44 | -6.54 | 57.52 | 3.83 |
| 2016 (3) | 5.79 | 91.72 | 46.46 | -0.83 | 62.99 | -47.87 | 7.86 | 0.9 | 15.45 | 15.73 | 55.40 | -51.94 |
| 2015 (2) | 3.02 | 24.79 | 46.85 | 29.89 | 120.83 | -19.82 | 7.79 | -23.02 | 13.35 | -43.5 | 115.27 | -15.98 |
| 2014 (1) | 2.42 | -45.37 | 36.07 | -21.0 | 150.70 | 82.95 | 10.12 | 26.66 | 23.63 | -3.04 | 137.19 | 107.86 |
