- 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) | 12.05 | -13.18 | -29.9 | 9.51 | 0.42 | 1.82 | 7.55 | 15.09 | 42.72 | 9.57 | -0.42 | -1.75 | 23.07 | -1.95 | -23.58 | -5.95 | 19.16 | 60.75 |
| 23Q3 (19) | 13.88 | -16.08 | -30.39 | 9.47 | 5.34 | 13.82 | 6.56 | 19.27 | 43.86 | 9.61 | -5.04 | -12.16 | 23.53 | -21.41 | 13.62 | -7.36 | 48.6 | -41.27 |
| 23Q2 (18) | 16.54 | 0.67 | 4.03 | 8.99 | -2.28 | 30.86 | 5.50 | -0.72 | -3.85 | 10.12 | 2.33 | -23.62 | 29.94 | -13.59 | 34.44 | -14.32 | 25.49 | -335.26 |
| 23Q1 (17) | 16.43 | -4.42 | -12.98 | 9.20 | -1.5 | 14.43 | 5.54 | 4.73 | 14.94 | 9.89 | 1.54 | -12.63 | 34.65 | 14.77 | 33.12 | -19.22 | -26.78 | -94.34 |
| 22Q4 (16) | 17.19 | -13.79 | -26.7 | 9.34 | 12.26 | 15.45 | 5.29 | 16.01 | 36.34 | 9.74 | -10.97 | -13.42 | 30.19 | 45.77 | 43.49 | -15.16 | -190.98 | -156.51 |
| 22Q3 (15) | 19.94 | 25.41 | -12.7 | 8.32 | 21.11 | 55.51 | 4.56 | -20.28 | 14.57 | 10.94 | -17.43 | -35.68 | 20.71 | -7.0 | 10.22 | -5.21 | -58.36 | -336.82 |
| 22Q2 (14) | 15.90 | -15.78 | 6.78 | 6.87 | -14.55 | 3.78 | 5.72 | 18.67 | -6.38 | 13.25 | 17.05 | -3.64 | 22.27 | -14.44 | 1.14 | -3.29 | 66.73 | -52.31 |
| 22Q1 (13) | 18.88 | -19.49 | 1.72 | 8.04 | -0.62 | -2.19 | 4.82 | 24.23 | -1.63 | 11.32 | 0.62 | 2.35 | 26.03 | 23.72 | 11.29 | -9.89 | -67.34 | -33.29 |
| 21Q4 (12) | 23.45 | 2.67 | 33.92 | 8.09 | 51.21 | -0.74 | 3.88 | -2.51 | -25.38 | 11.25 | -33.86 | 0.72 | 21.04 | 11.97 | -0.19 | -5.91 | -368.64 | -25.48 |
| 21Q3 (11) | 22.84 | 53.39 | 27.31 | 5.35 | -19.18 | -27.01 | 3.98 | -34.86 | -21.5 | 17.01 | 23.71 | 37.07 | 18.79 | -14.67 | -2.64 | 2.20 | 201.85 | 220.88 |
| 21Q2 (10) | 14.89 | -19.77 | -1.52 | 6.62 | -19.46 | 13.55 | 6.11 | 24.69 | 1.5 | 13.75 | 24.32 | -11.86 | 22.02 | -5.86 | 6.74 | -2.16 | 70.89 | -318.18 |
| 21Q1 (9) | 18.56 | 6.0 | 86.53 | 8.22 | 0.86 | 32.79 | 4.90 | -5.77 | -46.39 | 11.06 | -0.98 | -24.81 | 23.39 | 10.96 | 15.45 | -7.42 | -57.54 | -306.69 |
| 20Q4 (8) | 17.51 | -2.4 | 58.32 | 8.15 | 11.19 | 34.27 | 5.20 | 2.56 | -36.74 | 11.17 | -9.99 | -25.53 | 21.08 | 9.22 | 7.5 | -4.71 | -158.79 | -230.47 |
| 20Q3 (7) | 17.94 | 18.65 | 88.05 | 7.33 | 25.73 | 35.74 | 5.07 | -15.78 | -46.86 | 12.41 | -20.45 | -26.39 | 19.30 | -6.45 | -1.48 | -1.82 | -283.84 | -126.73 |
| 20Q2 (6) | 15.12 | 51.96 | 63.28 | 5.83 | -5.82 | 4.67 | 6.02 | -34.14 | -38.7 | 15.60 | 6.05 | -4.59 | 20.63 | 1.83 | 7.95 | 0.99 | -72.42 | -86.0 |
| 20Q1 (5) | 9.95 | -10.04 | 18.17 | 6.19 | 1.98 | 5.27 | 9.14 | 11.19 | -15.45 | 14.71 | -1.93 | -4.85 | 20.26 | 3.31 | 3.37 | 3.59 | -0.55 | -46.18 |
| 19Q4 (4) | 11.06 | 15.93 | 0.0 | 6.07 | 12.41 | 0.0 | 8.22 | -13.84 | 0.0 | 15.00 | -11.03 | 0.0 | 19.61 | 0.1 | 0.0 | 3.61 | -46.99 | 0.0 |
| 19Q3 (3) | 9.54 | 3.02 | 0.0 | 5.40 | -3.05 | 0.0 | 9.54 | -2.85 | 0.0 | 16.86 | 3.12 | 0.0 | 19.59 | 2.51 | 0.0 | 6.81 | -3.68 | 0.0 |
| 19Q2 (2) | 9.26 | 9.98 | 0.0 | 5.57 | -5.27 | 0.0 | 9.82 | -9.16 | 0.0 | 16.35 | 5.76 | 0.0 | 19.11 | -2.5 | 0.0 | 7.07 | 6.0 | 0.0 |
| 19Q1 (1) | 8.42 | 0.0 | 0.0 | 5.88 | 0.0 | 0.0 | 10.81 | 0.0 | 0.0 | 15.46 | 0.0 | 0.0 | 19.60 | 0.0 | 0.0 | 6.67 | 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) | 46.00 | -13.35 | 35.56 | 11.68 | 7.93 | 15.26 | 10.26 | -10.47 | 31.71 | -11.62 | -13.51 | 0 |
| 2022 (9) | 53.09 | 8.06 | 31.84 | 16.76 | 6.88 | -7.4 | 11.46 | -14.35 | 35.88 | 15.82 | -17.54 | 0 |
| 2021 (8) | 49.13 | 40.05 | 27.27 | 19.66 | 7.43 | -28.56 | 13.38 | -16.48 | 30.98 | 12.98 | -10.17 | 0 |
| 2020 (7) | 35.08 | 3.54 | 22.79 | -0.26 | 10.40 | -3.44 | 16.02 | 0.25 | 27.42 | 21.6 | -1.00 | 0 |
| 2019 (6) | 33.88 | 7.56 | 22.85 | 1.11 | 10.77 | -7.08 | 15.98 | -1.05 | 22.55 | -2.38 | 4.20 | -9.48 |
| 2018 (5) | 31.50 | -9.72 | 22.60 | 25.0 | 11.59 | 10.8 | 16.15 | -20.01 | 23.10 | -4.78 | 4.64 | -27.39 |
| 2017 (4) | 34.89 | -13.85 | 18.08 | 19.34 | 10.46 | 16.09 | 20.19 | -16.22 | 24.26 | -0.29 | 6.39 | -27.22 |
| 2016 (3) | 40.50 | -9.5 | 15.15 | -6.25 | 9.01 | 10.42 | 24.10 | 6.73 | 24.33 | 4.2 | 8.78 | 18.81 |
| 2015 (2) | 44.75 | 11.18 | 16.16 | -1.16 | 8.16 | -10.03 | 22.58 | 1.16 | 23.35 | -0.93 | 7.39 | -5.5 |
| 2014 (1) | 40.25 | 10.88 | 16.35 | -22.59 | 9.07 | -9.84 | 22.32 | 29.09 | 23.57 | 2.84 | 7.82 | 76.92 |
