- 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) | 1.34 | 6.35 | -1.47 | 7.78 | 0.52 | -3.11 | 68.04 | -6.16 | 1.7 | 11.70 | -0.51 | 3.27 | 26.85 | 0.67 | 9.5 | 52.89 | -8.18 | -1.53 |
| 23Q3 (19) | 1.26 | -10.64 | 4.13 | 7.74 | -8.73 | -24.12 | 72.51 | 12.14 | -3.46 | 11.76 | 9.6 | 31.84 | 26.67 | 11.22 | -2.09 | 57.60 | 12.04 | 1.43 |
| 23Q2 (18) | 1.41 | 39.6 | 25.89 | 8.48 | 41.57 | -17.67 | 64.66 | -28.48 | -20.35 | 10.73 | -29.41 | 21.38 | 23.98 | -25.32 | -20.01 | 51.41 | -30.05 | -14.37 |
| 23Q1 (17) | 1.01 | -25.74 | 1.0 | 5.99 | -25.4 | -32.47 | 90.41 | 35.14 | -0.8 | 15.20 | 34.16 | 48.15 | 32.11 | 30.95 | -7.04 | 73.50 | 36.85 | 9.93 |
| 22Q4 (16) | 1.36 | 12.4 | 4.62 | 8.03 | -21.27 | -46.86 | 66.90 | -10.93 | -4.29 | 11.33 | 27.02 | 88.21 | 24.52 | -9.99 | 5.1 | 53.71 | -5.42 | 2.13 |
| 22Q3 (15) | 1.21 | 8.04 | -9.7 | 10.20 | -0.97 | -17.54 | 75.11 | -7.48 | 10.88 | 8.92 | 0.9 | 21.2 | 27.24 | -9.14 | 33.99 | 56.79 | -5.41 | 3.71 |
| 22Q2 (14) | 1.12 | 12.0 | -28.21 | 10.30 | 16.12 | -15.23 | 81.18 | -10.93 | 39.17 | 8.84 | -13.84 | 18.02 | 29.98 | -13.2 | 72.7 | 60.04 | -10.2 | 23.9 |
| 22Q1 (13) | 1.00 | -23.08 | 14.94 | 8.87 | -41.3 | -32.6 | 91.14 | 30.39 | -13.26 | 10.26 | 70.43 | 48.27 | 34.54 | 48.05 | 61.78 | 66.86 | 27.13 | -26.24 |
| 21Q4 (12) | 1.30 | -2.99 | 51.16 | 15.11 | 22.15 | -0.46 | 69.90 | 3.19 | -34.16 | 6.02 | -18.21 | 0.33 | 23.33 | 14.76 | 8.76 | 52.59 | -3.96 | -42.03 |
| 21Q3 (11) | 1.34 | -14.1 | 31.37 | 12.37 | 1.81 | -6.5 | 67.74 | 16.13 | -23.74 | 7.36 | -1.74 | 6.98 | 20.33 | 17.11 | -11.07 | 54.76 | 13.0 | -24.84 |
| 21Q2 (10) | 1.56 | 79.31 | 41.82 | 12.15 | -7.67 | 6.3 | 58.33 | -44.48 | -29.6 | 7.49 | 8.24 | -5.9 | 17.36 | -18.69 | -2.64 | 48.46 | -46.54 | -33.61 |
| 21Q1 (9) | 0.87 | 1.16 | 97.73 | 13.16 | -13.31 | 45.09 | 105.07 | -1.04 | -48.72 | 6.92 | 15.33 | -31.08 | 21.35 | -0.47 | -40.48 | 90.64 | -0.09 | -49.38 |
| 20Q4 (8) | 0.86 | -15.69 | -7.53 | 15.18 | 14.74 | -4.47 | 106.17 | 19.52 | 8.75 | 6.00 | -12.79 | 4.71 | 21.45 | -6.17 | -17.82 | 90.72 | 24.51 | 17.44 |
| 20Q3 (7) | 1.02 | -7.27 | 56.92 | 13.23 | 15.75 | 68.97 | 88.83 | 7.22 | -36.69 | 6.88 | -13.57 | -40.84 | 22.86 | 28.21 | -32.07 | 72.86 | -0.18 | -38.4 |
| 20Q2 (6) | 1.10 | 150.0 | 37.5 | 11.43 | 26.02 | 49.02 | 82.85 | -59.56 | -26.84 | 7.96 | -20.72 | -32.88 | 17.83 | -50.29 | -48.9 | 72.99 | -59.23 | -19.1 |
| 20Q1 (5) | 0.44 | -52.69 | -43.59 | 9.07 | -42.92 | -15.15 | 204.89 | 109.86 | 75.18 | 10.04 | 75.22 | 17.98 | 35.87 | 37.43 | -1.24 | 179.05 | 131.78 | 100.84 |
| 19Q4 (4) | 0.93 | 43.08 | 0.0 | 15.89 | 102.94 | 0.0 | 97.63 | -30.41 | 0.0 | 5.73 | -50.73 | 0.0 | 26.10 | -22.44 | 0.0 | 77.25 | -34.68 | 0.0 |
| 19Q3 (3) | 0.65 | -18.75 | 0.0 | 7.83 | 2.09 | 0.0 | 140.30 | 23.89 | 0.0 | 11.63 | -1.94 | 0.0 | 33.65 | -3.55 | 0.0 | 118.27 | 31.09 | 0.0 |
| 19Q2 (2) | 0.80 | 2.56 | 0.0 | 7.67 | -28.25 | 0.0 | 113.25 | -3.17 | 0.0 | 11.86 | 39.37 | 0.0 | 34.89 | -3.94 | 0.0 | 90.22 | 1.2 | 0.0 |
| 19Q1 (1) | 0.78 | 0.0 | 0.0 | 10.69 | 0.0 | 0.0 | 116.96 | 0.0 | 0.0 | 8.51 | 0.0 | 0.0 | 36.32 | 0.0 | 0.0 | 89.15 | 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) | 5.49 | 41.49 | 33.87 | 5.45 | 66.54 | -29.21 | 10.78 | -5.11 | 22.57 | -29.4 | 54.74 | -25.41 |
| 2022 (9) | 3.88 | 0.52 | 32.12 | -51.38 | 94.00 | -0.71 | 11.36 | 105.8 | 31.97 | 60.17 | 73.39 | -8.53 |
| 2021 (8) | 3.86 | 46.77 | 66.07 | -4.63 | 94.67 | -31.81 | 5.52 | 4.74 | 19.96 | -20.92 | 80.23 | -32.51 |
| 2020 (7) | 2.63 | -16.51 | 69.28 | -19.98 | 138.84 | 19.65 | 5.27 | 24.88 | 25.24 | -2.06 | 118.87 | 25.81 |
| 2019 (6) | 3.15 | 16.67 | 86.58 | 19.31 | 116.04 | -14.3 | 4.22 | -16.1 | 25.77 | -18.32 | 94.48 | -13.23 |
| 2018 (5) | 2.70 | -14.83 | 72.57 | -16.2 | 135.40 | 17.59 | 5.03 | 19.48 | 31.55 | -15.35 | 108.88 | 32.62 |
| 2017 (4) | 3.17 | 12.81 | 86.60 | -3.19 | 115.15 | -11.2 | 4.21 | 3.19 | 37.27 | -37.61 | 82.10 | 10.93 |
| 2016 (3) | 2.81 | 14.69 | 89.45 | -3.62 | 129.67 | -13.0 | 4.08 | 3.82 | 59.74 | -13.46 | 74.01 | -11.83 |
| 2015 (2) | 2.45 | -3.16 | 92.81 | -13.21 | 149.04 | 3.33 | 3.93 | 15.25 | 69.03 | 5.21 | 83.94 | 2.33 |
| 2014 (1) | 2.53 | -3.07 | 106.94 | 53.06 | 144.23 | 3.23 | 3.41 | -34.67 | 65.61 | 44.77 | 82.03 | -17.66 |
