- 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) | 2.01 | -11.45 | 18.24 | 1.12 | -8.2 | 27.27 | 45.35 | 13.23 | -15.47 | 81.43 | 9.54 | -21.16 | 70.43 | 12.45 | 5.12 | 56.35 | 8.87 | -37.35 |
| 23Q3 (19) | 2.27 | 18.23 | 33.53 | 1.22 | 6.09 | 16.19 | 40.05 | -15.56 | -25.36 | 74.34 | -6.04 | -14.63 | 62.63 | 22.13 | 2.77 | 51.76 | -31.23 | -35.13 |
| 23Q2 (18) | 1.92 | 8.47 | 13.61 | 1.15 | 8.49 | 4.55 | 47.43 | -7.76 | -12.05 | 79.12 | -7.93 | -4.2 | 51.28 | 1.24 | -18.28 | 75.27 | -13.18 | 2.05 |
| 23Q1 (17) | 1.77 | 4.12 | 4.12 | 1.06 | 20.45 | 0.0 | 51.42 | -4.16 | -4.19 | 85.93 | -16.8 | 0.08 | 50.65 | -24.4 | -33.4 | 86.70 | -3.6 | 36.6 |
| 22Q4 (16) | 1.70 | 0.0 | -1.16 | 0.88 | -16.19 | -34.81 | 53.65 | -0.02 | 1.25 | 103.28 | 18.6 | 52.74 | 67.00 | 9.94 | -15.2 | 89.94 | 12.72 | 116.25 |
| 22Q3 (15) | 1.70 | 0.59 | -21.66 | 1.05 | -4.55 | -40.0 | 53.66 | -0.5 | 28.13 | 87.08 | 5.44 | 67.08 | 60.94 | -2.88 | -20.61 | 79.79 | 8.18 | 362.55 |
| 22Q2 (14) | 1.69 | -0.59 | -38.99 | 1.10 | 3.77 | -42.11 | 53.93 | 0.48 | 64.37 | 82.59 | -3.81 | 72.71 | 62.75 | -17.49 | -3.55 | 73.76 | 16.21 | 373.73 |
| 22Q1 (13) | 1.70 | -1.16 | -40.77 | 1.06 | -21.48 | -32.05 | 53.67 | 1.28 | 69.15 | 85.86 | 26.97 | 47.1 | 76.05 | -3.75 | 14.52 | 63.47 | 52.61 | 167.92 |
| 21Q4 (12) | 1.72 | -20.74 | -44.16 | 1.35 | -22.86 | -24.16 | 52.99 | 26.53 | 79.51 | 67.62 | 29.74 | 32.12 | 79.01 | 2.93 | 36.15 | 41.59 | 141.1 | 83.46 |
| 21Q3 (11) | 2.17 | -21.66 | -28.38 | 1.75 | -7.89 | 10.76 | 41.88 | 27.64 | 39.65 | 52.12 | 8.99 | -9.69 | 76.76 | 17.98 | 20.9 | 17.25 | 10.79 | -28.75 |
| 21Q2 (10) | 2.77 | -3.48 | -9.18 | 1.90 | 21.79 | 38.69 | 32.81 | 3.4 | 9.81 | 47.82 | -18.07 | -28.21 | 65.06 | -2.03 | 10.14 | 15.57 | -34.28 | -58.39 |
| 21Q1 (9) | 2.87 | -6.82 | 5.9 | 1.56 | -12.36 | 64.21 | 31.73 | 7.49 | -5.48 | 58.37 | 14.05 | -38.87 | 66.41 | 14.44 | -14.4 | 23.69 | 4.5 | -53.98 |
| 20Q4 (8) | 3.08 | 1.65 | -26.67 | 1.78 | 12.66 | 47.11 | 29.52 | -1.57 | 36.29 | 51.18 | -11.32 | -31.96 | 58.03 | -8.6 | -14.77 | 22.67 | -6.36 | -21.28 |
| 20Q3 (7) | 3.03 | -0.66 | -0.33 | 1.58 | 15.33 | 53.4 | 29.99 | 0.37 | 0.17 | 57.71 | -13.36 | -34.75 | 63.49 | 7.48 | -24.87 | 24.21 | -35.3 | -28.54 |
| 20Q2 (6) | 3.05 | 12.55 | 8.16 | 1.37 | 44.21 | 16.1 | 29.88 | -10.99 | -7.26 | 66.61 | -30.24 | -13.36 | 59.07 | -23.86 | -19.72 | 37.42 | -27.31 | 5.35 |
| 20Q1 (5) | 2.71 | -35.48 | -20.76 | 0.95 | -21.49 | -18.1 | 33.57 | 54.99 | 26.25 | 95.48 | 26.93 | 21.57 | 77.58 | 13.94 | -8.3 | 51.48 | 78.75 | 150.75 |
| 19Q4 (4) | 4.20 | 38.16 | 0.0 | 1.21 | 17.48 | 0.0 | 21.66 | -27.66 | 0.0 | 75.22 | -14.96 | 0.0 | 68.09 | -19.43 | 0.0 | 28.80 | -14.99 | 0.0 |
| 19Q3 (3) | 3.04 | 7.8 | 0.0 | 1.03 | -12.71 | 0.0 | 29.94 | -7.08 | 0.0 | 88.45 | 15.05 | 0.0 | 84.51 | 14.85 | 0.0 | 33.88 | -4.62 | 0.0 |
| 19Q2 (2) | 2.82 | -17.54 | 0.0 | 1.18 | 1.72 | 0.0 | 32.22 | 21.17 | 0.0 | 76.88 | -2.11 | 0.0 | 73.58 | -13.03 | 0.0 | 35.52 | 73.02 | 0.0 |
| 19Q1 (1) | 3.42 | 0.0 | 0.0 | 1.16 | 0.0 | 0.0 | 26.59 | 0.0 | 0.0 | 78.54 | 0.0 | 0.0 | 84.60 | 0.0 | 0.0 | 20.53 | 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) | 8.07 | 10.25 | 4.55 | 8.33 | 45.24 | -9.23 | 80.26 | -7.66 | 55.87 | -17.72 | 69.63 | 1.12 |
| 2022 (9) | 7.32 | -29.62 | 4.20 | -33.96 | 49.84 | 41.99 | 86.92 | 51.48 | 67.90 | 12.19 | 68.86 | 115.46 |
| 2021 (8) | 10.40 | -21.15 | 6.36 | 18.88 | 35.10 | 26.81 | 57.38 | -15.95 | 60.52 | -9.39 | 31.96 | 9.64 |
| 2020 (7) | 13.19 | -20.45 | 5.35 | 15.3 | 27.68 | 25.7 | 68.27 | -13.24 | 66.79 | -20.09 | 29.15 | 70.27 |
| 2019 (6) | 16.58 | 1.04 | 4.64 | -10.42 | 22.02 | -0.99 | 78.69 | 11.71 | 83.58 | -0.75 | 17.12 | 102.13 |
| 2018 (5) | 16.41 | 27.11 | 5.18 | -4.95 | 22.24 | -21.33 | 70.44 | 5.17 | 84.21 | 26.23 | 8.47 | -70.31 |
| 2017 (4) | 12.91 | -21.09 | 5.45 | 9.44 | 28.27 | 26.71 | 66.98 | -8.7 | 66.71 | 16.95 | 28.53 | -26.15 |
| 2016 (3) | 16.36 | 72.57 | 4.98 | 8.5 | 22.31 | -42.05 | 73.36 | -7.71 | 57.04 | 6.4 | 38.63 | -40.0 |
| 2015 (2) | 9.48 | 72.99 | 4.59 | 12.22 | 38.50 | -42.19 | 79.49 | -10.92 | 53.61 | -13.87 | 64.38 | -31.21 |
| 2014 (1) | 5.48 | -4.53 | 4.09 | -27.48 | 66.60 | 4.67 | 89.23 | 37.98 | 62.24 | 7.24 | 93.59 | 33.21 |
