- 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) | 1.54 | 16.67 | 2.67 | 1.44 | 13.39 | 13.39 | 59.06 | -14.03 | -2.57 | 63.26 | -11.76 | -11.57 | 78.13 | -4.89 | -9.81 | 44.19 | -24.14 | -2.94 |
| 23Q3 (19) | 1.32 | -5.71 | -19.02 | 1.27 | -3.05 | -14.19 | 68.70 | 5.72 | 23.36 | 71.69 | 3.11 | 16.78 | 82.15 | 4.41 | 1.87 | 58.25 | 4.33 | 59.85 |
| 23Q2 (18) | 1.40 | -8.5 | -10.26 | 1.31 | 3.97 | -2.96 | 64.98 | 9.03 | 11.44 | 69.53 | -3.64 | 3.41 | 78.68 | -1.02 | -5.8 | 55.83 | 6.83 | 32.8 |
| 23Q1 (17) | 1.53 | 2.0 | -0.65 | 1.26 | -0.79 | -0.79 | 59.60 | -1.68 | 0.57 | 72.16 | 0.87 | 0.46 | 79.49 | -8.24 | -6.93 | 52.26 | 14.78 | 14.4 |
| 22Q4 (16) | 1.50 | -7.98 | -1.96 | 1.27 | -14.19 | 4.1 | 60.62 | 8.85 | 1.92 | 71.54 | 16.53 | -3.7 | 86.63 | 7.43 | -4.12 | 45.53 | 24.95 | 4.84 |
| 22Q3 (15) | 1.63 | 4.49 | 15.6 | 1.48 | 9.63 | 8.03 | 55.69 | -4.49 | -13.99 | 61.39 | -8.7 | -7.56 | 80.64 | -3.45 | -9.0 | 36.44 | -13.32 | -14.36 |
| 22Q2 (14) | 1.56 | 1.3 | 0.65 | 1.35 | 6.3 | -11.18 | 58.31 | -1.6 | -0.51 | 67.24 | -6.39 | 12.03 | 83.52 | -2.21 | 2.98 | 42.04 | -7.97 | 12.02 |
| 22Q1 (13) | 1.54 | 0.65 | 11.59 | 1.27 | 4.1 | -6.62 | 59.26 | -0.37 | -10.1 | 71.83 | -3.31 | 7.19 | 85.41 | -5.47 | -3.72 | 45.68 | 5.18 | 3.3 |
| 21Q4 (12) | 1.53 | 8.51 | 0.0 | 1.22 | -10.95 | -15.86 | 59.48 | -8.14 | 0.22 | 74.29 | 11.87 | 18.28 | 90.35 | 1.95 | 15.6 | 43.43 | 2.07 | -1.27 |
| 21Q3 (11) | 1.41 | -9.03 | -9.03 | 1.37 | -9.87 | 11.38 | 64.75 | 10.48 | 10.55 | 66.41 | 10.65 | -10.27 | 88.62 | 9.27 | 8.39 | 42.55 | 13.38 | -16.27 |
| 21Q2 (10) | 1.55 | 12.32 | -16.22 | 1.52 | 11.76 | 24.59 | 58.61 | -11.09 | 18.91 | 60.02 | -10.43 | -19.61 | 81.10 | -8.58 | -2.25 | 37.53 | -15.13 | -8.44 |
| 21Q1 (9) | 1.38 | -9.8 | 97.14 | 1.36 | -6.21 | 22.52 | 65.92 | 11.07 | -49.46 | 67.01 | 6.69 | -18.32 | 88.71 | 13.5 | -18.77 | 44.22 | 0.52 | -57.18 |
| 20Q4 (8) | 1.53 | -1.29 | 125.0 | 1.45 | 17.89 | -9.94 | 59.35 | 1.33 | -55.44 | 62.81 | -15.13 | 11.19 | 78.16 | -4.4 | 7.93 | 43.99 | -13.44 | -62.48 |
| 20Q3 (7) | 1.55 | -16.22 | 269.05 | 1.23 | 0.82 | 13.89 | 58.57 | 18.83 | -72.94 | 74.01 | -0.87 | -12.37 | 81.76 | -1.46 | -22.56 | 50.82 | 23.98 | -73.99 |
| 20Q2 (6) | 1.85 | 164.29 | 128.4 | 1.22 | 9.91 | -16.44 | 49.29 | -62.21 | -55.97 | 74.66 | -9.0 | 19.86 | 82.97 | -24.03 | -9.59 | 40.99 | -60.3 | -50.3 |
| 20Q1 (5) | 0.70 | 2.94 | -57.83 | 1.11 | -31.06 | -33.93 | 130.43 | -2.07 | 137.45 | 82.04 | 45.23 | 51.23 | 109.21 | 50.8 | 23.37 | 103.26 | -11.93 | 399.81 |
| 19Q4 (4) | 0.68 | 61.9 | 0.0 | 1.61 | 49.07 | 0.0 | 133.19 | -38.47 | 0.0 | 56.49 | -33.12 | 0.0 | 72.42 | -31.41 | 0.0 | 117.25 | -39.98 | 0.0 |
| 19Q3 (3) | 0.42 | -48.15 | 0.0 | 1.08 | -26.03 | 0.0 | 216.48 | 93.37 | 0.0 | 84.46 | 35.59 | 0.0 | 105.58 | 15.05 | 0.0 | 195.35 | 136.87 | 0.0 |
| 19Q2 (2) | 0.81 | -51.2 | 0.0 | 1.46 | -13.1 | 0.0 | 111.95 | 103.8 | 0.0 | 62.29 | 14.82 | 0.0 | 91.77 | 3.67 | 0.0 | 82.47 | 299.18 | 0.0 |
| 19Q1 (1) | 1.66 | 0.0 | 0.0 | 1.68 | 0.0 | 0.0 | 54.93 | 0.0 | 0.0 | 54.25 | 0.0 | 0.0 | 88.52 | 0.0 | 0.0 | 20.66 | 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) | 6.08 | -2.25 | 5.26 | 5.41 | 60.04 | 2.37 | 69.36 | -5.22 | 83.52 | 0.91 | 45.88 | -6.48 |
| 2022 (9) | 6.22 | 3.32 | 4.99 | -12.91 | 58.65 | -3.25 | 73.18 | 14.95 | 82.77 | 3.05 | 49.06 | 11.6 |
| 2021 (8) | 6.02 | 105.46 | 5.73 | 9.14 | 60.62 | -51.38 | 63.66 | -8.43 | 80.32 | -19.23 | 43.96 | -53.61 |
| 2020 (7) | 2.93 | -21.45 | 5.25 | -20.21 | 124.69 | 27.3 | 69.52 | 25.37 | 99.44 | 9.52 | 94.77 | 51.39 |
| 2019 (6) | 3.73 | -51.31 | 6.58 | -9.49 | 97.95 | 105.69 | 55.45 | 10.39 | 90.80 | 9.07 | 62.60 | 328.77 |
| 2018 (5) | 7.66 | -0.91 | 7.27 | -5.71 | 47.62 | 0.89 | 50.23 | 6.04 | 83.25 | 2.61 | 14.60 | 8.71 |
| 2017 (4) | 7.73 | 9.34 | 7.71 | -11.99 | 47.20 | -8.58 | 47.37 | 13.62 | 81.13 | 9.32 | 13.43 | -29.72 |
| 2016 (3) | 7.07 | 19.83 | 8.76 | 8.96 | 51.63 | -16.55 | 41.69 | -8.19 | 74.21 | -7.06 | 19.11 | -30.36 |
| 2015 (2) | 5.90 | 56.5 | 8.04 | 5.93 | 61.87 | -36.1 | 45.41 | -5.51 | 79.85 | -7.93 | 27.44 | -52.83 |
| 2014 (1) | 3.77 | 2.17 | 7.59 | 27.35 | 96.83 | -2.24 | 48.06 | -21.56 | 86.73 | 1.98 | 58.17 | -22.72 |
