- 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) | 1.99 | 21.34 | -5.24 | 4.51 | 2.97 | 4.64 | 45.68 | -17.87 | 5.64 | 20.18 | -2.89 | -4.45 | 31.09 | -16.09 | -18.8 | 34.77 | -11.64 | 33.37 |
| 23Q3 (19) | 1.64 | 32.26 | -20.0 | 4.38 | -0.68 | -3.52 | 55.62 | -24.3 | 25.21 | 20.78 | 0.82 | 3.74 | 37.05 | -5.02 | 0.98 | 39.35 | -28.55 | 41.75 |
| 23Q2 (18) | 1.24 | -2.36 | -0.8 | 4.41 | 19.19 | 44.12 | 73.47 | 2.88 | 1.02 | 20.61 | -16.12 | -30.79 | 39.01 | -16.82 | -25.6 | 55.07 | 12.2 | 9.99 |
| 23Q1 (17) | 1.27 | -39.52 | -14.77 | 3.70 | -14.15 | 10.78 | 71.41 | 65.15 | 16.63 | 24.57 | 16.34 | -9.83 | 46.90 | 22.49 | -8.86 | 49.08 | 88.26 | 32.58 |
| 22Q4 (16) | 2.10 | 2.44 | 1.45 | 4.31 | -5.07 | -9.26 | 43.24 | -2.66 | -1.53 | 21.12 | 5.44 | 10.17 | 38.29 | 4.36 | 3.37 | 26.07 | -6.09 | 0.12 |
| 22Q3 (15) | 2.05 | 64.0 | -7.66 | 4.54 | 48.37 | 33.92 | 44.42 | -38.92 | 8.29 | 20.03 | -32.74 | -25.34 | 36.69 | -30.02 | -18.79 | 27.76 | -44.56 | 22.45 |
| 22Q2 (14) | 1.25 | -16.11 | -44.2 | 3.06 | -8.38 | -8.93 | 72.73 | 18.78 | 79.09 | 29.78 | 9.28 | 10.09 | 52.43 | 1.88 | 31.3 | 50.07 | 35.25 | 80.56 |
| 22Q1 (13) | 1.49 | -28.02 | 12.88 | 3.34 | -29.68 | 23.25 | 61.23 | 39.44 | -11.05 | 27.25 | 42.15 | -18.78 | 51.46 | 38.93 | 16.82 | 37.02 | 42.17 | -36.54 |
| 21Q4 (12) | 2.07 | -6.76 | 76.92 | 4.75 | 40.12 | 89.24 | 43.91 | 7.05 | -43.73 | 19.17 | -28.55 | -47.1 | 37.04 | -18.02 | 2.6 | 26.04 | 14.87 | -66.69 |
| 21Q3 (11) | 2.22 | -0.89 | 96.46 | 3.39 | 0.89 | 124.5 | 41.02 | 1.01 | -49.01 | 26.83 | -0.81 | -55.4 | 45.18 | 13.15 | -15.8 | 22.67 | -18.25 | -73.93 |
| 21Q2 (10) | 2.24 | 69.7 | 117.48 | 3.36 | 23.99 | 116.77 | 40.61 | -41.01 | -54.23 | 27.05 | -19.37 | -53.94 | 39.93 | -9.35 | -50.19 | 27.73 | -52.47 | -58.79 |
| 21Q1 (9) | 1.32 | 12.82 | 29.41 | 2.71 | 7.97 | 25.46 | 68.84 | -11.78 | -22.83 | 33.55 | -7.42 | -20.33 | 44.05 | 22.02 | -42.02 | 58.34 | -25.38 | 5.42 |
| 20Q4 (8) | 1.17 | 3.54 | -48.23 | 2.51 | 66.23 | -47.82 | 78.03 | -3.01 | 94.15 | 36.24 | -39.76 | 91.44 | 36.10 | -32.72 | -10.64 | 78.18 | -10.09 | 317.41 |
| 20Q3 (7) | 1.13 | 9.71 | -50.22 | 1.51 | -2.58 | -72.99 | 80.45 | -9.33 | 100.47 | 60.16 | 2.43 | 269.76 | 53.66 | -33.06 | 60.51 | 86.95 | 29.22 | 278.54 |
| 20Q2 (6) | 1.03 | 0.98 | -35.22 | 1.55 | -28.24 | -63.36 | 88.73 | -0.54 | 55.39 | 58.73 | 39.47 | 173.04 | 80.16 | 5.5 | 114.85 | 67.29 | 21.59 | 62.89 |
| 20Q1 (5) | 1.02 | -54.87 | 24.39 | 2.16 | -55.09 | -33.13 | 89.21 | 121.97 | -19.56 | 42.11 | 122.45 | 49.27 | 75.98 | 88.07 | 21.78 | 55.34 | 195.46 | -27.87 |
| 19Q4 (4) | 2.26 | -0.44 | 0.0 | 4.81 | -13.95 | 0.0 | 40.19 | 0.15 | 0.0 | 18.93 | 16.35 | 0.0 | 40.40 | 20.85 | 0.0 | 18.73 | -18.46 | 0.0 |
| 19Q3 (3) | 2.27 | 42.77 | 0.0 | 5.59 | 32.15 | 0.0 | 40.13 | -29.72 | 0.0 | 16.27 | -24.36 | 0.0 | 33.43 | -10.4 | 0.0 | 22.97 | -44.4 | 0.0 |
| 19Q2 (2) | 1.59 | 93.9 | 0.0 | 4.23 | 30.96 | 0.0 | 57.10 | -48.51 | 0.0 | 21.51 | -23.75 | 0.0 | 37.31 | -40.2 | 0.0 | 41.31 | -46.15 | 0.0 |
| 19Q1 (1) | 0.82 | 0.0 | 0.0 | 3.23 | 0.0 | 0.0 | 110.90 | 0.0 | 0.0 | 28.21 | 0.0 | 0.0 | 62.39 | 0.0 | 0.0 | 76.72 | 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) | 7.98 | 18.93 | 17.44 | 15.42 | 45.74 | -15.93 | 20.93 | -13.37 | 30.12 | -32.77 | 36.55 | 8.26 |
| 2022 (9) | 6.71 | -2.61 | 15.11 | 4.21 | 54.41 | 2.68 | 24.16 | -4.01 | 44.80 | 13.25 | 33.76 | -12.54 |
| 2021 (8) | 6.89 | 74.87 | 14.50 | 71.8 | 52.99 | -42.78 | 25.17 | -41.83 | 39.56 | -42.58 | 38.60 | -42.36 |
| 2020 (7) | 3.94 | -33.45 | 8.44 | -50.15 | 92.60 | 50.3 | 43.27 | 100.7 | 68.90 | 40.3 | 66.97 | 96.62 |
| 2019 (6) | 5.92 | 65.36 | 16.93 | -7.18 | 61.61 | -39.5 | 21.56 | 7.75 | 49.11 | -14.61 | 34.06 | -47.05 |
| 2018 (5) | 3.58 | -13.94 | 18.24 | 21.52 | 101.83 | 16.05 | 20.01 | -17.72 | 57.51 | 14.7 | 64.32 | 3.88 |
| 2017 (4) | 4.16 | -21.8 | 15.01 | 17.36 | 87.75 | 27.99 | 24.32 | -14.79 | 50.14 | 51.3 | 61.92 | -3.19 |
| 2016 (3) | 5.32 | 41.11 | 12.79 | 1.27 | 68.56 | -29.25 | 28.54 | -1.28 | 33.14 | -8.35 | 63.96 | -28.65 |
| 2015 (2) | 3.77 | -10.02 | 12.63 | -15.41 | 96.90 | 11.34 | 28.91 | 18.24 | 36.16 | 13.28 | 89.64 | 12.67 |
| 2014 (1) | 4.19 | -1.18 | 14.93 | 36.1 | 87.03 | 1.0 | 24.45 | -26.51 | 31.92 | -4.66 | 79.56 | -7.45 |
