- 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) | 5.20 | 0 | 420.0 | 2.71 | 21.52 | -41.09 | 17.52 | 0 | -80.7 | 33.64 | -17.51 | 70.16 | 64.03 | -27.47 | 22.33 | -12.88 | 0 | -122.13 |
| 23Q3 (19) | 0.00 | -100.0 | -100.0 | 2.23 | -21.75 | -50.22 | 0.00 | -100.0 | -100.0 | 40.78 | 27.72 | 100.79 | 88.28 | -2.22 | 108.16 | 0.00 | -100.0 | -100.0 |
| 23Q2 (18) | 0.54 | -47.06 | -36.47 | 2.85 | -43.56 | -26.55 | 169.04 | 89.95 | 58.72 | 31.93 | 77.29 | 36.1 | 90.28 | 60.04 | 73.78 | 110.69 | 118.8 | 41.89 |
| 23Q1 (17) | 1.02 | 2.0 | 32.47 | 5.05 | 9.78 | 27.53 | 88.99 | -1.97 | -24.93 | 18.01 | -8.9 | -21.66 | 56.41 | 7.78 | 12.62 | 50.59 | -13.09 | -44.68 |
| 22Q4 (16) | 1.00 | -13.79 | 63.93 | 4.60 | 2.68 | 36.9 | 90.78 | 15.63 | -39.18 | 19.77 | -2.66 | -26.99 | 52.34 | 23.41 | -6.69 | 58.21 | 3.19 | -51.59 |
| 22Q3 (15) | 1.16 | 36.47 | 56.76 | 4.48 | 15.46 | 5.41 | 78.51 | -26.28 | -35.84 | 20.31 | -13.43 | -5.23 | 42.41 | -18.36 | 8.11 | 56.41 | -27.69 | -46.06 |
| 22Q2 (14) | 0.85 | 10.39 | 34.92 | 3.88 | -2.02 | 47.53 | 106.50 | -10.16 | -26.45 | 23.46 | 2.04 | -32.08 | 51.95 | 3.71 | 17.0 | 78.01 | -14.7 | -42.18 |
| 22Q1 (13) | 0.77 | 26.23 | 14.93 | 3.96 | 17.86 | 55.91 | 118.55 | -20.57 | -13.07 | 22.99 | -15.1 | -35.73 | 50.09 | -10.7 | 28.47 | 91.45 | -23.95 | -31.33 |
| 21Q4 (12) | 0.61 | -17.57 | 27.08 | 3.36 | -20.94 | 32.81 | 149.25 | 21.97 | -21.88 | 27.08 | 26.36 | -24.82 | 56.09 | 42.98 | 23.82 | 120.25 | 14.99 | -33.84 |
| 21Q3 (11) | 0.74 | 17.46 | -14.94 | 4.25 | 61.6 | -16.17 | 122.37 | -15.48 | 16.9 | 21.43 | -37.96 | 19.52 | 39.23 | -11.64 | 63.32 | 104.57 | -22.5 | 6.07 |
| 21Q2 (10) | 0.63 | -5.97 | 14.55 | 2.63 | 3.54 | -17.3 | 144.79 | 6.17 | -12.24 | 34.54 | -3.44 | 20.81 | 44.40 | 13.88 | 98.21 | 134.93 | 1.32 | -21.17 |
| 21Q1 (9) | 0.67 | 39.58 | -34.31 | 2.54 | 0.4 | 5.83 | 136.38 | -28.62 | 53.51 | 35.77 | -0.69 | -5.82 | 38.99 | -13.93 | 28.51 | 133.17 | -26.73 | 38.01 |
| 20Q4 (8) | 0.48 | -44.83 | -36.84 | 2.53 | -50.1 | 10.96 | 191.05 | 82.51 | 60.12 | 36.02 | 100.89 | -9.86 | 45.30 | 88.59 | -19.85 | 181.76 | 84.36 | 76.9 |
| 20Q3 (7) | 0.87 | 58.18 | -23.68 | 5.07 | 59.43 | -1.17 | 104.68 | -36.55 | 31.34 | 17.93 | -37.29 | 1.07 | 24.02 | 7.23 | -37.0 | 98.59 | -42.4 | 66.26 |
| 20Q2 (6) | 0.55 | -46.08 | -33.73 | 3.18 | 32.5 | -6.19 | 164.98 | 85.7 | 50.13 | 28.59 | -24.72 | 6.6 | 22.40 | -26.17 | -63.3 | 171.17 | 77.4 | 126.18 |
| 20Q1 (5) | 1.02 | 34.21 | -11.3 | 2.40 | 5.26 | -32.96 | 88.84 | -25.54 | 12.33 | 37.98 | -4.95 | 49.29 | 30.34 | -46.32 | -41.44 | 96.49 | -6.09 | 83.02 |
| 19Q4 (4) | 0.76 | -33.33 | 0.0 | 2.28 | -55.56 | 0.0 | 119.32 | 49.71 | 0.0 | 39.96 | 125.25 | 0.0 | 56.52 | 48.23 | 0.0 | 102.75 | 73.27 | 0.0 |
| 19Q3 (3) | 1.14 | 37.35 | 0.0 | 5.13 | 51.33 | 0.0 | 79.70 | -27.47 | 0.0 | 17.74 | -33.86 | 0.0 | 38.13 | -37.52 | 0.0 | 59.30 | -21.64 | 0.0 |
| 19Q2 (2) | 0.83 | -27.83 | 0.0 | 3.39 | -5.31 | 0.0 | 109.89 | 38.94 | 0.0 | 26.82 | 5.42 | 0.0 | 61.03 | 17.8 | 0.0 | 75.68 | 43.55 | 0.0 |
| 19Q1 (1) | 1.15 | 0.0 | 0.0 | 3.58 | 0.0 | 0.0 | 79.09 | 0.0 | 0.0 | 25.44 | 0.0 | 0.0 | 51.81 | 0.0 | 0.0 | 52.72 | 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) | 2.44 | -30.29 | 12.52 | -22.33 | 149.82 | 43.74 | 29.15 | 28.75 | 68.99 | 39.91 | 109.97 | 41.77 |
| 2022 (9) | 3.50 | 12.54 | 16.12 | 23.52 | 104.23 | -11.31 | 22.64 | -19.03 | 49.31 | 32.88 | 77.57 | -28.43 |
| 2021 (8) | 3.11 | 11.07 | 13.05 | 21.06 | 117.52 | -9.9 | 27.96 | -17.42 | 37.11 | 11.24 | 108.38 | -17.23 |
| 2020 (7) | 2.80 | 9.37 | 10.78 | -5.69 | 130.43 | -8.57 | 33.86 | 6.08 | 33.36 | -25.12 | 130.94 | 0.69 |
| 2019 (6) | 2.56 | -20.5 | 11.43 | -21.06 | 142.66 | 25.74 | 31.92 | 26.62 | 44.55 | 0.77 | 130.04 | 37.67 |
| 2018 (5) | 3.22 | -22.6 | 14.48 | 4.17 | 113.46 | 29.3 | 25.21 | -4.04 | 44.21 | -13.77 | 94.46 | 50.53 |
| 2017 (4) | 4.16 | -16.47 | 13.90 | 2.58 | 87.75 | 19.7 | 26.27 | -2.49 | 51.27 | -11.16 | 62.75 | 47.47 |
| 2016 (3) | 4.98 | -11.39 | 13.55 | -16.05 | 73.31 | 12.96 | 26.94 | 19.1 | 57.71 | 19.46 | 42.55 | 8.52 |
| 2015 (2) | 5.62 | 0.0 | 16.14 | -0.12 | 64.90 | -0.03 | 22.62 | 0.18 | 48.31 | 0.25 | 39.21 | -0.23 |
| 2014 (1) | 5.62 | -3.27 | 16.16 | -5.55 | 64.92 | 3.41 | 22.58 | 5.86 | 48.19 | -6.25 | 39.30 | 20.15 |
