- 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) | 0.78 | 5.41 | 32.2 | 0.78 | -3.7 | -13.33 | 116.03 | -5.02 | -24.66 | 116.99 | 4.54 | 15.85 | 25.35 | -18.93 | -11.92 | 207.67 | 2.4 | -8.19 |
| 23Q3 (19) | 0.74 | 7.25 | 5.71 | 0.81 | -10.0 | -19.8 | 122.16 | -7.65 | -6.15 | 111.91 | 10.59 | 24.03 | 31.27 | 3.17 | 13.22 | 202.81 | -0.17 | 5.2 |
| 23Q2 (18) | 0.69 | 25.45 | 6.15 | 0.90 | 9.76 | 12.5 | 132.28 | -20.37 | -5.5 | 101.19 | -8.76 | -11.54 | 30.31 | -9.76 | -34.51 | 203.16 | -16.55 | -2.36 |
| 23Q1 (17) | 0.55 | -6.78 | -40.22 | 0.82 | -8.89 | -17.17 | 166.11 | 7.86 | 67.72 | 110.91 | 9.83 | 20.48 | 33.59 | 16.71 | -25.27 | 243.44 | 7.62 | 66.57 |
| 22Q4 (16) | 0.59 | -15.71 | -48.7 | 0.90 | -10.89 | -34.78 | 154.00 | 18.31 | 94.15 | 100.98 | 11.91 | 53.21 | 28.78 | 4.2 | -33.85 | 226.20 | 17.34 | 122.38 |
| 22Q3 (15) | 0.70 | 7.69 | -47.76 | 1.01 | 26.25 | -40.94 | 130.17 | -7.01 | 92.27 | 90.23 | -21.12 | 69.32 | 27.62 | -40.32 | -43.17 | 192.78 | -7.35 | 166.34 |
| 22Q2 (14) | 0.65 | -29.35 | -51.49 | 0.80 | -19.19 | -55.06 | 139.98 | 41.34 | 106.37 | 114.39 | 24.26 | 123.55 | 46.28 | 2.96 | 10.82 | 208.08 | 42.37 | 169.39 |
| 22Q1 (13) | 0.92 | -20.0 | -37.41 | 0.99 | -28.26 | -51.71 | 99.04 | 24.86 | 59.51 | 92.06 | 39.68 | 107.76 | 44.95 | 3.31 | 26.44 | 146.15 | 43.68 | 106.31 |
| 21Q4 (12) | 1.15 | -14.18 | -23.84 | 1.38 | -19.3 | -38.67 | 79.32 | 17.16 | 31.35 | 65.91 | 23.68 | 62.82 | 43.51 | -10.47 | 17.12 | 101.72 | 40.54 | 59.64 |
| 21Q3 (11) | 1.34 | 0.0 | -12.42 | 1.71 | -3.93 | -7.57 | 67.70 | -0.19 | 14.11 | 53.29 | 4.14 | 8.18 | 48.60 | 16.38 | 45.12 | 72.38 | -6.29 | -3.62 |
| 21Q2 (10) | 1.34 | -8.84 | 12.61 | 1.78 | -13.17 | 7.88 | 67.83 | 9.24 | -11.39 | 51.17 | 15.48 | -7.28 | 41.76 | 17.47 | 37.59 | 77.24 | 9.03 | -23.82 |
| 21Q1 (9) | 1.47 | -2.65 | 31.25 | 2.05 | -8.89 | 37.58 | 62.09 | 2.82 | -23.29 | 44.31 | 9.46 | -27.37 | 35.55 | -4.31 | 13.4 | 70.84 | 11.17 | -35.95 |
| 20Q4 (8) | 1.51 | -1.31 | 38.53 | 2.25 | 21.62 | 58.45 | 60.39 | 1.79 | -27.56 | 40.48 | -17.82 | -36.89 | 37.15 | 10.93 | -1.62 | 63.72 | -15.15 | -41.94 |
| 20Q3 (7) | 1.53 | 28.57 | 26.45 | 1.85 | 12.12 | 15.62 | 59.33 | -22.5 | -21.12 | 49.26 | -10.74 | -13.24 | 33.49 | 10.35 | -11.03 | 75.10 | -25.93 | -20.41 |
| 20Q2 (6) | 1.19 | 6.25 | -8.46 | 1.65 | 10.74 | 3.12 | 76.55 | -5.42 | 9.5 | 55.19 | -9.54 | -2.68 | 30.35 | -3.19 | -15.01 | 101.39 | -8.33 | 11.53 |
| 20Q1 (5) | 1.12 | 2.75 | -13.18 | 1.49 | 4.93 | 0.68 | 80.94 | -2.91 | 15.12 | 61.01 | -4.88 | -0.47 | 31.35 | -16.98 | -24.82 | 110.60 | 0.77 | 23.03 |
| 19Q4 (4) | 1.09 | -9.92 | 0.0 | 1.42 | -11.25 | 0.0 | 83.37 | 10.83 | 0.0 | 64.14 | 12.96 | 0.0 | 37.76 | 0.32 | 0.0 | 109.75 | 16.31 | 0.0 |
| 19Q3 (3) | 1.21 | -6.92 | 0.0 | 1.60 | 0.0 | 0.0 | 75.22 | 7.6 | 0.0 | 56.78 | 0.12 | 0.0 | 37.64 | 5.4 | 0.0 | 94.36 | 3.79 | 0.0 |
| 19Q2 (2) | 1.30 | 0.78 | 0.0 | 1.60 | 8.11 | 0.0 | 69.91 | -0.57 | 0.0 | 56.71 | -7.49 | 0.0 | 35.71 | -14.36 | 0.0 | 90.91 | 1.12 | 0.0 |
| 19Q1 (1) | 1.29 | 0.0 | 0.0 | 1.48 | 0.0 | 0.0 | 70.31 | 0.0 | 0.0 | 61.30 | 0.0 | 0.0 | 41.70 | 0.0 | 0.0 | 89.90 | 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) | 2.48 | -17.06 | 3.42 | -10.47 | 147.31 | 20.68 | 106.73 | 11.63 | 26.27 | -34.13 | 227.78 | 28.12 |
| 2022 (9) | 2.99 | -42.72 | 3.82 | -37.27 | 122.07 | 74.61 | 95.61 | 59.46 | 39.88 | 0.03 | 177.79 | 97.54 |
| 2021 (8) | 5.22 | 5.03 | 6.09 | -8.01 | 69.91 | -4.75 | 59.96 | 8.74 | 39.87 | 4.4 | 90.00 | -0.39 |
| 2020 (7) | 4.97 | -7.79 | 6.62 | 11.45 | 73.40 | 8.39 | 55.14 | -10.21 | 38.19 | -0.03 | 90.35 | -0.65 |
| 2019 (6) | 5.39 | -7.55 | 5.94 | 6.07 | 67.72 | 8.25 | 61.41 | -5.83 | 38.20 | -8.98 | 90.94 | 5.99 |
| 2018 (5) | 5.83 | 7.96 | 5.60 | 20.17 | 62.56 | -7.5 | 65.21 | -16.71 | 41.97 | -13.34 | 85.80 | -12.0 |
| 2017 (4) | 5.40 | 1.31 | 4.66 | 13.11 | 67.63 | -1.24 | 78.29 | -11.55 | 48.43 | 0.6 | 97.50 | -10.43 |
| 2016 (3) | 5.33 | 4.92 | 4.12 | 22.99 | 68.48 | -4.66 | 88.51 | -18.74 | 48.14 | 32.14 | 108.85 | -24.58 |
| 2015 (2) | 5.08 | -2.31 | 3.35 | 0.3 | 71.83 | 2.31 | 108.92 | -0.45 | 36.43 | 0.8 | 144.32 | 0.58 |
| 2014 (1) | 5.20 | 0 | 3.34 | 0 | 70.21 | 0 | 109.41 | 0 | 36.14 | 0 | 143.49 | 0 |
