- 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) | 0.95 | 2.15 | -33.57 | 1.34 | -15.19 | 17.54 | 96.17 | -1.6 | 51.26 | 68.07 | 18.07 | -14.52 | 119.08 | 5.83 | 38.42 | 45.16 | 5.37 | -21.02 |
| 23Q3 (19) | 0.93 | -26.19 | -30.08 | 1.58 | -8.14 | -5.95 | 97.73 | 35.14 | 42.48 | 57.65 | 9.12 | 6.62 | 112.52 | 41.04 | 45.36 | 42.86 | -5.53 | -5.28 |
| 23Q2 (18) | 1.26 | -37.93 | -28.41 | 1.72 | 19.44 | -37.68 | 72.32 | 61.57 | 39.61 | 52.83 | -16.34 | 60.29 | 79.78 | 26.13 | 70.25 | 45.37 | 1.59 | 19.71 |
| 23Q1 (17) | 2.03 | 41.96 | 23.78 | 1.44 | 26.32 | -43.08 | 44.76 | -29.6 | -19.57 | 63.15 | -20.7 | 75.91 | 63.25 | -26.48 | 34.32 | 44.66 | -21.9 | 0.45 |
| 22Q4 (16) | 1.43 | 7.52 | 4.38 | 1.14 | -32.14 | -53.85 | 63.58 | -7.3 | -4.1 | 79.63 | 47.27 | 115.68 | 86.03 | 11.14 | 61.44 | 57.18 | 26.36 | 14.52 |
| 22Q3 (15) | 1.33 | -24.43 | 51.14 | 1.68 | -39.13 | -6.67 | 68.59 | 32.41 | -33.38 | 54.07 | 64.05 | 7.22 | 77.41 | 65.19 | -21.01 | 45.25 | 19.39 | -18.31 |
| 22Q2 (14) | 1.76 | 7.32 | 30.37 | 2.76 | 9.09 | 16.95 | 51.80 | -6.92 | -23.13 | 32.96 | -8.19 | -14.66 | 46.86 | -0.49 | -38.2 | 37.90 | -14.75 | 25.58 |
| 22Q1 (13) | 1.64 | 19.71 | -2.38 | 2.53 | 2.43 | 24.63 | 55.65 | -16.06 | 2.51 | 35.90 | -2.76 | -20.08 | 47.09 | -11.63 | -39.6 | 44.46 | -10.96 | 109.32 |
| 21Q4 (12) | 1.37 | 55.68 | -54.33 | 2.47 | 37.22 | -23.53 | 66.30 | -35.61 | 118.96 | 36.92 | -26.79 | 31.06 | 53.29 | -45.62 | 34.13 | 49.93 | -9.86 | 166.58 |
| 21Q3 (11) | 0.88 | -34.81 | -39.31 | 1.80 | -23.73 | -16.67 | 102.96 | 52.78 | 63.79 | 50.43 | 30.58 | 19.5 | 98.00 | 29.24 | 57.66 | 55.39 | 83.53 | 29.11 |
| 21Q2 (10) | 1.35 | -19.64 | -0.74 | 2.36 | 16.26 | -11.28 | 67.39 | 24.13 | 0.75 | 38.62 | -14.02 | 12.92 | 75.83 | -2.74 | 10.3 | 30.18 | 42.09 | -6.68 |
| 21Q1 (9) | 1.68 | -44.0 | 4.35 | 2.03 | -37.15 | -33.88 | 54.29 | 79.29 | -4.15 | 44.92 | 59.46 | 51.76 | 77.97 | 96.25 | 40.69 | 21.24 | 13.4 | -31.08 |
| 20Q4 (8) | 3.00 | 106.9 | 109.79 | 3.23 | 49.54 | -5.28 | 30.28 | -51.83 | -52.58 | 28.17 | -33.25 | 5.55 | 39.73 | -36.08 | 2.74 | 18.73 | -56.34 | -63.89 |
| 20Q3 (7) | 1.45 | 6.62 | 79.01 | 2.16 | -18.8 | -37.03 | 62.86 | -6.02 | -44.23 | 42.20 | 23.39 | 58.95 | 62.16 | -9.59 | -14.93 | 42.90 | 32.65 | -35.2 |
| 20Q2 (6) | 1.36 | -15.53 | 47.83 | 2.66 | -13.36 | -51.64 | 66.89 | 18.1 | -32.57 | 34.20 | 15.54 | 106.52 | 68.75 | 24.05 | -4.58 | 32.34 | 4.93 | -26.01 |
| 20Q1 (5) | 1.61 | 12.59 | 43.75 | 3.07 | -9.97 | -45.37 | 56.64 | -11.29 | -30.38 | 29.60 | 10.9 | 82.72 | 55.42 | 43.32 | -28.0 | 30.82 | -40.58 | 49.68 |
| 19Q4 (4) | 1.43 | 76.54 | 0.0 | 3.41 | -0.58 | 0.0 | 63.85 | -43.36 | 0.0 | 26.69 | 0.53 | 0.0 | 38.67 | -47.08 | 0.0 | 51.87 | -21.65 | 0.0 |
| 19Q3 (3) | 0.81 | -11.96 | 0.0 | 3.43 | -37.64 | 0.0 | 112.72 | 13.63 | 0.0 | 26.55 | 60.33 | 0.0 | 73.07 | 1.42 | 0.0 | 66.20 | 51.45 | 0.0 |
| 19Q2 (2) | 0.92 | -17.86 | 0.0 | 5.50 | -2.14 | 0.0 | 99.20 | 21.93 | 0.0 | 16.56 | 2.22 | 0.0 | 72.05 | -6.39 | 0.0 | 43.71 | 112.29 | 0.0 |
| 19Q1 (1) | 1.12 | 0.0 | 0.0 | 5.62 | 0.0 | 0.0 | 81.36 | 0.0 | 0.0 | 16.20 | 0.0 | 0.0 | 76.97 | 0.0 | 0.0 | 20.59 | 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) | 6.33 | -1.71 | 6.11 | -2.86 | 57.69 | 1.85 | 59.74 | 2.88 | 80.17 | 11.46 | 37.26 | -12.9 |
| 2022 (9) | 6.44 | -4.87 | 6.29 | -27.62 | 56.64 | 5.03 | 58.07 | 38.26 | 71.93 | -0.53 | 42.78 | 81.04 |
| 2021 (8) | 6.77 | -3.97 | 8.69 | -23.1 | 53.93 | 4.15 | 42.00 | 30.07 | 72.31 | 21.59 | 23.63 | -3.98 |
| 2020 (7) | 7.05 | 54.27 | 11.30 | -28.93 | 51.78 | -35.22 | 32.29 | 40.7 | 59.47 | -28.92 | 24.61 | 28.11 |
| 2019 (6) | 4.57 | -24.09 | 15.90 | -33.78 | 79.93 | 31.79 | 22.95 | 50.99 | 83.67 | 5.55 | 19.21 | 0 |
| 2018 (5) | 6.02 | -29.26 | 24.01 | 11.21 | 60.65 | 41.34 | 15.20 | -10.11 | 79.27 | 37.48 | -3.42 | 0 |
| 2017 (4) | 8.51 | 25.89 | 21.59 | 70.13 | 42.91 | -20.51 | 16.91 | -41.2 | 57.66 | 6.96 | 2.16 | -92.51 |
| 2016 (3) | 6.76 | -34.81 | 12.69 | 173.49 | 53.98 | 53.31 | 28.76 | -63.41 | 53.91 | -2.0 | 28.84 | -50.95 |
| 2015 (2) | 10.37 | -29.31 | 4.64 | 47.3 | 35.21 | 41.52 | 78.60 | -32.17 | 55.01 | -30.25 | 58.80 | -4.99 |
| 2014 (1) | 14.67 | 29.94 | 3.15 | 26.0 | 24.88 | -23.02 | 115.88 | -20.58 | 78.87 | -32.69 | 61.89 | 1.36 |
