- 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) | 0.92 | 6.98 | 33.33 | 1.40 | -6.67 | 59.09 | 98.73 | -6.55 | -25.37 | 64.99 | 7.28 | -37.32 | 47.87 | 19.26 | 4.75 | 115.86 | -8.11 | -39.11 |
| 23Q3 (19) | 0.86 | -28.33 | 38.71 | 1.50 | -11.24 | 45.63 | 105.65 | 39.12 | -28.09 | 60.58 | 12.23 | -31.72 | 40.14 | 48.67 | 0.83 | 126.09 | 22.51 | -35.61 |
| 23Q2 (18) | 1.20 | 34.83 | 64.38 | 1.69 | 65.69 | 22.46 | 75.94 | -25.84 | -39.31 | 53.98 | -39.62 | -17.93 | 27.00 | -32.08 | -14.99 | 102.92 | -32.31 | -35.32 |
| 23Q1 (17) | 0.89 | 28.99 | 32.84 | 1.02 | 15.91 | -18.4 | 102.40 | -22.6 | -25.15 | 89.40 | -13.77 | 22.9 | 39.75 | -13.02 | -6.65 | 152.05 | -20.09 | -8.94 |
| 22Q4 (16) | 0.69 | 11.29 | -28.13 | 0.88 | -14.56 | -42.48 | 132.30 | -9.94 | 38.97 | 103.68 | 16.86 | 73.99 | 45.70 | 14.8 | 33.7 | 190.28 | -2.83 | 57.76 |
| 22Q3 (15) | 0.62 | -15.07 | -19.48 | 1.03 | -25.36 | -7.21 | 146.91 | 17.42 | 23.9 | 88.72 | 34.89 | 8.05 | 39.81 | 25.35 | -1.19 | 195.82 | 23.06 | 22.08 |
| 22Q2 (14) | 0.73 | 8.96 | -10.98 | 1.38 | 10.4 | 9.52 | 125.12 | -8.54 | 12.12 | 65.77 | -9.58 | -8.97 | 31.76 | -25.41 | -14.39 | 159.12 | -4.7 | 8.44 |
| 22Q1 (13) | 0.67 | -30.21 | -11.84 | 1.25 | -18.3 | -4.58 | 136.81 | 43.71 | 14.58 | 72.74 | 22.07 | 4.51 | 42.58 | 24.58 | 6.64 | 166.97 | 38.44 | 12.01 |
| 21Q4 (12) | 0.96 | 24.68 | 29.73 | 1.53 | 37.84 | 7.75 | 95.20 | -19.71 | -22.23 | 59.59 | -27.43 | -6.73 | 34.18 | -15.17 | -20.33 | 120.61 | -24.81 | -15.89 |
| 21Q3 (11) | 0.77 | -6.1 | -14.44 | 1.11 | -11.9 | -28.85 | 118.57 | 6.26 | 17.86 | 82.11 | 13.65 | 40.86 | 40.29 | 8.6 | 5.72 | 160.40 | 9.31 | 32.8 |
| 21Q2 (10) | 0.82 | 7.89 | -1.2 | 1.26 | -3.82 | -4.55 | 111.59 | -6.54 | 1.82 | 72.25 | 3.81 | 5.18 | 37.10 | -7.09 | -3.99 | 146.74 | -1.56 | 5.07 |
| 21Q1 (9) | 0.76 | 2.7 | 20.63 | 1.31 | -7.75 | 15.93 | 119.40 | -2.46 | -17.56 | 69.60 | 8.94 | -13.75 | 39.93 | -6.92 | -27.87 | 149.07 | 3.95 | -12.4 |
| 20Q4 (8) | 0.74 | -17.78 | -7.5 | 1.42 | -8.97 | -13.94 | 122.41 | 21.68 | 7.95 | 63.89 | 9.61 | 16.14 | 42.90 | 12.57 | -11.6 | 143.40 | 18.73 | 19.63 |
| 20Q3 (7) | 0.90 | 8.43 | 21.62 | 1.56 | 18.18 | -9.83 | 100.60 | -8.21 | -18.5 | 58.29 | -15.14 | 10.5 | 38.11 | -1.37 | -37.37 | 120.78 | -13.52 | 4.73 |
| 20Q2 (6) | 0.83 | 31.75 | -1.19 | 1.32 | 16.81 | -34.33 | 109.60 | -24.33 | 1.17 | 68.69 | -14.88 | 51.73 | 38.64 | -30.2 | -32.06 | 139.66 | -17.93 | 44.38 |
| 20Q1 (5) | 0.63 | -21.25 | -24.1 | 1.13 | -31.52 | -36.16 | 144.83 | 27.73 | 32.6 | 80.70 | 46.7 | 56.55 | 55.36 | 14.07 | -11.99 | 170.17 | 41.96 | 73.86 |
| 19Q4 (4) | 0.80 | 8.11 | 0.0 | 1.65 | -4.62 | 0.0 | 113.39 | -8.13 | 0.0 | 55.01 | 4.28 | 0.0 | 48.53 | -20.25 | 0.0 | 119.87 | 3.95 | 0.0 |
| 19Q3 (3) | 0.74 | -11.9 | 0.0 | 1.73 | -13.93 | 0.0 | 123.43 | 13.94 | 0.0 | 52.75 | 16.52 | 0.0 | 60.85 | 7.0 | 0.0 | 115.32 | 19.22 | 0.0 |
| 19Q2 (2) | 0.84 | 1.2 | 0.0 | 2.01 | 13.56 | 0.0 | 108.33 | -0.81 | 0.0 | 45.27 | -12.18 | 0.0 | 56.87 | -9.59 | 0.0 | 96.73 | -1.17 | 0.0 |
| 19Q1 (1) | 0.83 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 109.22 | 0.0 | 0.0 | 51.55 | 0.0 | 0.0 | 62.90 | 0.0 | 0.0 | 97.88 | 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) | 4.25 | 35.78 | 5.12 | 8.25 | 85.95 | -26.2 | 71.23 | -7.79 | 41.87 | -6.93 | 115.31 | -22.47 |
| 2022 (9) | 3.13 | 5.74 | 4.73 | -16.13 | 116.46 | -5.49 | 77.25 | 19.34 | 44.99 | 5.22 | 148.72 | 2.42 |
| 2021 (8) | 2.96 | 3.86 | 5.64 | 14.63 | 123.23 | -3.87 | 64.73 | -12.8 | 42.76 | -21.41 | 145.20 | -1.9 |
| 2020 (7) | 2.85 | -16.91 | 4.92 | -25.68 | 128.19 | 20.42 | 74.23 | 34.57 | 54.41 | -6.08 | 148.01 | 42.77 |
| 2019 (6) | 3.43 | 16.27 | 6.62 | -10.05 | 106.45 | -13.9 | 55.16 | 11.21 | 57.93 | -6.58 | 103.67 | -6.79 |
| 2018 (5) | 2.95 | -19.18 | 7.36 | -26.47 | 123.63 | 23.48 | 49.60 | 36.0 | 62.01 | 8.37 | 111.22 | 40.13 |
| 2017 (4) | 3.65 | 3.69 | 10.01 | 0.6 | 100.12 | -3.38 | 36.47 | -0.55 | 57.22 | -11.36 | 79.37 | 4.79 |
| 2016 (3) | 3.52 | 14.29 | 9.95 | -5.69 | 103.62 | -12.54 | 36.67 | 6.04 | 64.55 | 29.13 | 75.74 | -26.51 |
| 2015 (2) | 3.08 | -23.95 | 10.55 | -10.67 | 118.48 | 31.57 | 34.58 | 11.91 | 49.99 | 23.22 | 103.06 | 28.22 |
| 2014 (1) | 4.05 | 0 | 11.81 | 0 | 90.05 | 0 | 30.90 | 0 | 40.57 | 0 | 80.38 | 0 |
