- 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) | 16.72 | -33.28 | -27.02 | 14.84 | -7.25 | -9.9 | 5.44 | 49.86 | 37.03 | 6.13 | 7.73 | 11.05 | 31.44 | 17.62 | 28.17 | -19.86 | -14.07 | -32.14 |
| 23Q3 (19) | 25.06 | -28.09 | -20.14 | 16.00 | 4.92 | -13.23 | 3.63 | 39.08 | 25.17 | 5.69 | -4.69 | 15.42 | 26.73 | 18.54 | 28.39 | -17.41 | -24.62 | -34.03 |
| 23Q2 (18) | 34.85 | 18.42 | 15.97 | 15.25 | 8.77 | 10.83 | 2.61 | -15.53 | -13.86 | 5.97 | -8.01 | -9.68 | 22.55 | -7.96 | -7.09 | -13.97 | 6.37 | 4.51 |
| 23Q1 (17) | 29.43 | 28.46 | -6.63 | 14.02 | -14.88 | -7.03 | 3.09 | -22.17 | 6.92 | 6.49 | 17.57 | 7.63 | 24.50 | -0.12 | -1.33 | -14.92 | 0.73 | 6.22 |
| 22Q4 (16) | 22.91 | -26.99 | -11.34 | 16.47 | -10.68 | 17.31 | 3.97 | 36.9 | 12.78 | 5.52 | 11.97 | -14.81 | 24.53 | 17.82 | 44.46 | -15.03 | -15.7 | -115.33 |
| 22Q3 (15) | 31.38 | 4.43 | 3822.5 | 18.44 | 34.01 | 235.88 | 2.90 | -4.29 | -97.46 | 4.93 | -25.42 | -70.23 | 20.82 | -14.22 | 105.12 | -12.99 | 11.21 | -110.76 |
| 22Q2 (14) | 30.05 | -4.66 | 40.49 | 13.76 | -8.75 | 20.49 | 3.03 | 4.84 | -28.87 | 6.61 | 9.62 | -17.06 | 24.27 | -2.26 | 10.52 | -14.63 | 8.05 | -50.36 |
| 22Q1 (13) | 31.52 | 21.98 | -32.53 | 15.08 | 7.41 | 5.01 | 2.89 | -17.9 | 48.21 | 6.03 | -6.94 | -4.89 | 24.83 | 46.23 | -2.86 | -15.91 | -127.94 | 7.93 |
| 21Q4 (12) | 25.84 | 3130.0 | -40.68 | 14.04 | 155.74 | -8.83 | 3.52 | -96.92 | 68.42 | 6.48 | -60.87 | 9.64 | 16.98 | 67.29 | -32.86 | -6.98 | -105.78 | 59.63 |
| 21Q3 (11) | 0.80 | -96.26 | -98.43 | 5.49 | -51.93 | -69.75 | 114.32 | 2583.57 | 6322.47 | 16.56 | 107.78 | 230.54 | 10.15 | -53.78 | -59.91 | 120.74 | 1340.9 | 751.94 |
| 21Q2 (10) | 21.39 | -54.22 | -48.94 | 11.42 | -20.47 | -33.45 | 4.26 | 118.46 | 96.31 | 7.97 | 25.71 | 50.38 | 21.96 | -14.08 | -8.16 | -9.73 | 43.69 | 40.82 |
| 21Q1 (9) | 46.72 | 7.25 | 31.09 | 14.36 | -6.75 | -14.32 | 1.95 | -6.7 | -23.53 | 6.34 | 7.28 | 16.76 | 25.56 | 1.07 | 12.65 | -17.28 | 0.06 | -17.47 |
| 20Q4 (8) | 43.56 | -14.67 | 75.93 | 15.40 | -15.15 | -21.63 | 2.09 | 17.42 | -43.21 | 5.91 | 17.96 | 27.65 | 25.29 | -0.12 | 3.31 | -17.29 | 6.64 | -6.93 |
| 20Q3 (7) | 51.05 | 21.87 | 119.57 | 18.15 | 5.77 | -19.19 | 1.78 | -17.97 | -54.48 | 5.01 | -5.47 | 23.7 | 25.32 | 5.9 | -5.45 | -18.52 | -12.65 | 1.54 |
| 20Q2 (6) | 41.89 | 17.54 | 72.39 | 17.16 | 2.39 | -10.11 | 2.17 | -14.9 | -42.13 | 5.30 | -2.39 | 11.11 | 23.91 | 5.38 | -16.22 | -16.44 | -11.76 | 17.92 |
| 20Q1 (5) | 35.64 | 43.94 | 47.52 | 16.76 | -14.71 | 4.36 | 2.55 | -30.71 | -32.36 | 5.43 | 17.28 | -4.23 | 22.69 | -7.31 | -25.21 | -14.71 | 9.03 | 29.62 |
| 19Q4 (4) | 24.76 | 6.49 | 0.0 | 19.65 | -12.51 | 0.0 | 3.68 | -5.88 | 0.0 | 4.63 | 14.32 | 0.0 | 24.48 | -8.59 | 0.0 | -16.17 | 14.04 | 0.0 |
| 19Q3 (3) | 23.25 | -4.32 | 0.0 | 22.46 | 17.65 | 0.0 | 3.91 | 4.27 | 0.0 | 4.05 | -15.09 | 0.0 | 26.78 | -6.17 | 0.0 | -18.81 | 6.09 | 0.0 |
| 19Q2 (2) | 24.30 | 0.58 | 0.0 | 19.09 | 18.87 | 0.0 | 3.75 | -0.53 | 0.0 | 4.77 | -15.87 | 0.0 | 28.54 | -5.93 | 0.0 | -20.03 | 4.16 | 0.0 |
| 19Q1 (1) | 24.16 | 0.0 | 0.0 | 16.06 | 0.0 | 0.0 | 3.77 | 0.0 | 0.0 | 5.67 | 0.0 | 0.0 | 30.34 | 0.0 | 0.0 | -20.90 | 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) | 67.02 | -7.44 | 58.07 | 12.65 | 5.45 | 8.13 | 6.29 | -11.16 | 28.74 | -4.83 | -17.01 | 0 |
| 2022 (9) | 72.41 | 2.56 | 51.55 | 32.62 | 5.04 | -2.51 | 7.08 | -24.6 | 30.20 | -22.02 | -18.08 | 0 |
| 2021 (8) | 70.60 | -44.63 | 38.87 | -32.88 | 5.17 | 80.77 | 9.39 | 49.05 | 38.73 | 46.87 | -24.17 | 0 |
| 2020 (7) | 127.51 | 45.66 | 57.91 | -7.06 | 2.86 | -31.41 | 6.30 | 7.51 | 26.37 | -10.91 | -17.20 | 0 |
| 2019 (6) | 87.54 | 9.47 | 62.31 | 1.91 | 4.17 | -8.55 | 5.86 | -1.84 | 29.60 | -10.76 | -19.58 | 0 |
| 2018 (5) | 79.97 | -34.77 | 61.14 | 4.66 | 4.56 | 53.02 | 5.97 | -4.48 | 33.17 | -9.45 | -22.63 | 0 |
| 2017 (4) | 122.59 | -32.93 | 58.42 | -2.16 | 2.98 | 49.0 | 6.25 | 2.29 | 36.63 | -0.87 | -27.41 | 0 |
| 2016 (3) | 182.78 | -20.53 | 59.71 | -8.84 | 2.00 | 25.79 | 6.11 | 9.69 | 36.95 | 7.85 | -28.84 | 0 |
| 2015 (2) | 230.01 | -13.88 | 65.50 | 0.49 | 1.59 | 16.06 | 5.57 | -0.54 | 34.26 | 7.47 | -27.10 | 0 |
| 2014 (1) | 267.09 | 124.65 | 65.18 | -2.38 | 1.37 | -55.37 | 5.60 | 2.38 | 31.88 | 7.09 | -24.91 | 0 |
