- 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) | 8.32 | -9.37 | -19.3 | 36.90 | -3.88 | 15.1 | 10.94 | 10.39 | 24.04 | 2.47 | 4.22 | -13.03 | 26.27 | 0.61 | -22.3 | -12.87 | 6.94 | 41.9 |
| 23Q3 (19) | 9.18 | -13.72 | -28.56 | 38.39 | 7.99 | 0.95 | 9.91 | 15.91 | 39.97 | 2.37 | -7.42 | -0.84 | 26.11 | -9.21 | -13.63 | -13.83 | 21.64 | 33.35 |
| 23Q2 (18) | 10.64 | 3.91 | 6.93 | 35.55 | 13.87 | 6.63 | 8.55 | -3.72 | -6.56 | 2.56 | -12.03 | -6.23 | 28.76 | -7.35 | -9.25 | -17.65 | 8.26 | 10.9 |
| 23Q1 (17) | 10.24 | -0.68 | 2.09 | 31.22 | -2.62 | -12.7 | 8.88 | 0.68 | -2.09 | 2.91 | 2.46 | 14.57 | 31.04 | -8.19 | 2.04 | -19.24 | 13.14 | -2.34 |
| 22Q4 (16) | 10.31 | -19.77 | -4.63 | 32.06 | -15.7 | -4.55 | 8.82 | 24.58 | 4.75 | 2.84 | 18.83 | 4.8 | 33.81 | 11.84 | 6.86 | -22.15 | -6.75 | -8.0 |
| 22Q3 (15) | 12.85 | 29.15 | 0.16 | 38.03 | 14.07 | -9.99 | 7.08 | -22.62 | -0.28 | 2.39 | -12.45 | 11.16 | 30.23 | -4.61 | 44.16 | -20.75 | -4.75 | -77.05 |
| 22Q2 (14) | 9.95 | -0.8 | 0.91 | 33.34 | -6.77 | 60.06 | 9.15 | 0.88 | -0.87 | 2.73 | 7.48 | -37.53 | 31.69 | 4.17 | 27.99 | -19.81 | -5.37 | -77.51 |
| 22Q1 (13) | 10.03 | -7.22 | 12.57 | 35.76 | 6.46 | 144.6 | 9.07 | 7.72 | -11.17 | 2.54 | -6.27 | -59.16 | 30.42 | -3.86 | 8.72 | -18.80 | 8.34 | -62.91 |
| 21Q4 (12) | 10.81 | -15.74 | 36.15 | 33.59 | -20.5 | 157.0 | 8.42 | 18.59 | -26.59 | 2.71 | 26.05 | -61.06 | 31.64 | 50.88 | 16.02 | -20.51 | -75.0 | -132.01 |
| 21Q3 (11) | 12.83 | 30.12 | 38.11 | 42.25 | 102.83 | 216.48 | 7.10 | -23.08 | -27.55 | 2.15 | -50.8 | -68.48 | 20.97 | -15.31 | -4.25 | -11.72 | -5.02 | -121.55 |
| 21Q2 (10) | 9.86 | 10.66 | 30.77 | 20.83 | 42.48 | 56.62 | 9.23 | -9.6 | -23.53 | 4.37 | -29.74 | -36.11 | 24.76 | -11.51 | 25.56 | -11.16 | 3.29 | -1277.78 |
| 21Q1 (9) | 8.91 | 12.22 | 8.92 | 14.62 | 11.86 | -17.03 | 10.21 | -10.99 | -8.18 | 6.22 | -10.63 | 20.54 | 27.98 | 2.6 | 43.93 | -11.54 | -30.54 | -266.35 |
| 20Q4 (8) | 7.94 | -14.53 | -1.85 | 13.07 | -2.1 | -30.63 | 11.47 | 17.04 | 2.05 | 6.96 | 2.05 | 44.1 | 27.27 | 24.52 | 28.45 | -8.84 | -67.11 | -71.32 |
| 20Q3 (7) | 9.29 | 23.21 | 17.45 | 13.35 | 0.38 | -26.53 | 9.80 | -18.81 | -14.86 | 6.82 | -0.29 | 36.13 | 21.90 | 11.05 | 5.85 | -5.29 | -553.09 | -26.86 |
| 20Q2 (6) | 7.54 | -7.82 | -2.84 | 13.30 | -24.52 | -19.78 | 12.07 | 8.54 | 2.9 | 6.84 | 32.56 | 24.59 | 19.72 | 1.44 | -4.04 | -0.81 | 74.29 | 75.68 |
| 20Q1 (5) | 8.18 | 1.11 | 21.01 | 17.62 | -6.48 | 6.14 | 11.12 | -1.07 | -17.38 | 5.16 | 6.83 | -5.84 | 19.44 | -8.43 | -6.36 | -3.15 | 38.95 | -73.08 |
| 19Q4 (4) | 8.09 | 2.28 | 0.0 | 18.84 | 3.69 | 0.0 | 11.24 | -2.35 | 0.0 | 4.83 | -3.59 | 0.0 | 21.23 | 2.61 | 0.0 | -5.16 | -23.74 | 0.0 |
| 19Q3 (3) | 7.91 | 1.93 | 0.0 | 18.17 | 9.59 | 0.0 | 11.51 | -1.88 | 0.0 | 5.01 | -8.74 | 0.0 | 20.69 | 0.68 | 0.0 | -4.17 | -25.23 | 0.0 |
| 19Q2 (2) | 7.76 | 14.79 | 0.0 | 16.58 | -0.12 | 0.0 | 11.73 | -12.85 | 0.0 | 5.49 | 0.18 | 0.0 | 20.55 | -1.01 | 0.0 | -3.33 | -82.97 | 0.0 |
| 19Q1 (1) | 6.76 | 0.0 | 0.0 | 16.60 | 0.0 | 0.0 | 13.46 | 0.0 | 0.0 | 5.48 | 0.0 | 0.0 | 20.76 | 0.0 | 0.0 | -1.82 | 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) | 32.97 | 3.94 | 131.09 | 12.23 | 11.07 | -3.82 | 2.78 | -10.9 | 31.72 | -13.99 | -17.87 | 0 |
| 2022 (9) | 31.72 | 22.05 | 116.80 | 71.59 | 11.51 | -18.02 | 3.12 | -41.79 | 36.88 | 6.59 | -22.25 | 0 |
| 2021 (8) | 25.99 | 0.23 | 68.07 | 24.83 | 14.04 | -0.28 | 5.36 | -19.88 | 34.60 | 18.7 | -15.19 | 0 |
| 2020 (7) | 25.93 | -1.03 | 54.53 | -14.13 | 14.08 | 1.08 | 6.69 | 16.35 | 29.15 | 22.32 | -8.38 | 0 |
| 2019 (6) | 26.20 | 30.09 | 63.50 | 27.56 | 13.93 | -23.12 | 5.75 | -21.56 | 23.83 | -3.68 | -4.14 | 0 |
| 2018 (5) | 20.14 | -1.47 | 49.78 | -5.76 | 18.12 | 1.46 | 7.33 | 6.08 | 24.74 | -0.6 | 0.72 | 0 |
| 2017 (4) | 20.44 | -17.58 | 52.82 | -16.3 | 17.86 | 21.33 | 6.91 | 19.55 | 24.89 | -3.19 | -0.12 | 0 |
| 2016 (3) | 24.80 | -10.08 | 63.11 | -12.75 | 14.72 | 11.26 | 5.78 | 14.46 | 25.71 | -3.85 | -5.21 | 0 |
| 2015 (2) | 27.58 | 11.71 | 72.33 | -23.46 | 13.23 | -10.55 | 5.05 | 30.83 | 26.74 | 0.11 | -8.46 | 0 |
| 2014 (1) | 24.69 | 17.91 | 94.50 | 4.13 | 14.79 | -15.15 | 3.86 | -3.98 | 26.71 | -3.08 | -8.07 | 0 |
