- 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) | 2.53 | 22.82 | 42.13 | 0.59 | 11.32 | -13.24 | 36.02 | -18.4 | -29.36 | 153.76 | -11.19 | 14.12 | 46.05 | 6.65 | 3.69 | 143.72 | -17.45 | 1.69 |
| 23Q3 (19) | 2.06 | -12.71 | 221.88 | 0.53 | -36.9 | -5.36 | 44.14 | 14.26 | -69.12 | 173.14 | 60.31 | 6.46 | 43.18 | 101.4 | 9.01 | 174.10 | 39.07 | -34.53 |
| 23Q2 (18) | 2.36 | 80.15 | 72.26 | 0.84 | 90.91 | 10.53 | 38.63 | -44.46 | -41.8 | 108.00 | -48.04 | -10.28 | 21.44 | -60.06 | 70.29 | 125.19 | -44.04 | -28.11 |
| 23Q1 (17) | 1.31 | -26.4 | 27.18 | 0.44 | -35.29 | -8.33 | 69.55 | 36.4 | -21.03 | 207.85 | 54.26 | 10.06 | 53.68 | 20.87 | 9.93 | 223.73 | 58.3 | -1.92 |
| 22Q4 (16) | 1.78 | 178.13 | 49.58 | 0.68 | 21.43 | 6.25 | 50.99 | -64.32 | -33.13 | 134.74 | -17.15 | -4.5 | 44.41 | 12.12 | -28.98 | 141.33 | -46.85 | -8.71 |
| 22Q3 (15) | 0.64 | -53.28 | -77.39 | 0.56 | -26.32 | -57.58 | 142.92 | 115.34 | 344.26 | 162.63 | 35.1 | 135.35 | 39.61 | 214.61 | 22.78 | 265.93 | 52.7 | 285.35 |
| 22Q2 (14) | 1.37 | 33.01 | -62.05 | 0.76 | 58.33 | -54.49 | 66.37 | -24.64 | 163.37 | 120.38 | -36.26 | 120.72 | 12.59 | -74.22 | -66.89 | 174.15 | -23.66 | 317.33 |
| 22Q1 (13) | 1.03 | -13.45 | -64.36 | 0.48 | -25.0 | -75.13 | 88.07 | 15.5 | 180.12 | 188.86 | 33.86 | 300.81 | 48.83 | -21.91 | 2.33 | 228.11 | 47.35 | 639.66 |
| 21Q4 (12) | 1.19 | -57.95 | -65.9 | 0.64 | -51.52 | -70.37 | 76.25 | 137.02 | 192.59 | 141.09 | 104.18 | 234.42 | 62.53 | 93.83 | 15.84 | 154.81 | 124.33 | 984.1 |
| 21Q3 (11) | 2.83 | -21.61 | -33.57 | 1.32 | -20.96 | -49.43 | 32.17 | 27.66 | 50.47 | 69.10 | 26.7 | 97.94 | 32.26 | -15.15 | -27.49 | 69.01 | 65.37 | 484.83 |
| 21Q2 (10) | 3.61 | 24.91 | 6.49 | 1.67 | -13.47 | 0.6 | 25.20 | -19.85 | -6.15 | 54.54 | 15.75 | -0.78 | 38.02 | -20.33 | -10.54 | 41.73 | 35.31 | 6.13 |
| 21Q1 (9) | 2.89 | -17.19 | 54.55 | 1.93 | -10.65 | 132.53 | 31.44 | 20.64 | -35.32 | 47.12 | 11.69 | -57.01 | 47.72 | -11.6 | -6.61 | 30.84 | 115.97 | -71.21 |
| 20Q4 (8) | 3.49 | -18.08 | 60.09 | 2.16 | -17.24 | 116.0 | 26.06 | 21.89 | -37.54 | 42.19 | 20.85 | -53.68 | 53.98 | 21.33 | 18.43 | 14.28 | 21.02 | -83.63 |
| 20Q3 (7) | 4.26 | 25.66 | 152.07 | 2.61 | 57.23 | 243.42 | 21.38 | -20.37 | -60.27 | 34.91 | -36.49 | -70.7 | 44.49 | 4.68 | -31.06 | 11.80 | -69.99 | -89.12 |
| 20Q2 (6) | 3.39 | 81.28 | 70.35 | 1.66 | 100.0 | 102.44 | 26.85 | -44.76 | -41.39 | 54.97 | -49.85 | -50.21 | 42.50 | -16.83 | -43.15 | 39.32 | -63.29 | -51.73 |
| 20Q1 (5) | 1.87 | -14.22 | 28.97 | 0.83 | -17.0 | 3.75 | 48.61 | 16.51 | -22.66 | 109.61 | 20.34 | -3.32 | 51.10 | 12.11 | -50.67 | 107.12 | 22.82 | 47.47 |
| 19Q4 (4) | 2.18 | 28.99 | 0.0 | 1.00 | 31.58 | 0.0 | 41.72 | -22.48 | 0.0 | 91.08 | -23.55 | 0.0 | 45.58 | -29.37 | 0.0 | 87.22 | -19.55 | 0.0 |
| 19Q3 (3) | 1.69 | -15.08 | 0.0 | 0.76 | -7.32 | 0.0 | 53.82 | 17.49 | 0.0 | 119.13 | 7.9 | 0.0 | 64.53 | -13.68 | 0.0 | 108.42 | 33.1 | 0.0 |
| 19Q2 (2) | 1.99 | 37.24 | 0.0 | 0.82 | 2.5 | 0.0 | 45.81 | -27.11 | 0.0 | 110.41 | -2.61 | 0.0 | 74.76 | -27.83 | 0.0 | 81.46 | 12.14 | 0.0 |
| 19Q1 (1) | 1.45 | 0.0 | 0.0 | 0.80 | 0.0 | 0.0 | 62.85 | 0.0 | 0.0 | 113.37 | 0.0 | 0.0 | 103.59 | 0.0 | 0.0 | 72.64 | 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) | 6.83 | 34.71 | 2.03 | -22.22 | 53.40 | -25.9 | 179.64 | 28.49 | 61.58 | 4.3 | 171.46 | 12.19 |
| 2022 (9) | 5.07 | -51.01 | 2.61 | -34.91 | 72.06 | 104.25 | 139.81 | 53.5 | 59.04 | 4.35 | 152.83 | 119.05 |
| 2021 (8) | 10.35 | -9.92 | 4.01 | -38.96 | 35.28 | 11.01 | 91.08 | 63.93 | 56.58 | 9.31 | 69.77 | 96.15 |
| 2020 (7) | 11.49 | 76.5 | 6.57 | 64.25 | 31.78 | -43.34 | 55.56 | -39.15 | 51.76 | -27.33 | 35.57 | -53.3 |
| 2019 (6) | 6.51 | -7.26 | 4.00 | -28.57 | 56.09 | 7.84 | 91.30 | 40.01 | 71.23 | -2.44 | 76.16 | 72.27 |
| 2018 (5) | 7.02 | 24.47 | 5.60 | 9.8 | 52.01 | -19.64 | 65.21 | -8.94 | 73.01 | -9.74 | 44.21 | -20.27 |
| 2017 (4) | 5.64 | -15.32 | 5.10 | -11.76 | 64.72 | 18.08 | 71.61 | 13.34 | 80.89 | 36.71 | 55.45 | -5.73 |
| 2016 (3) | 6.66 | 6.73 | 5.78 | 1.4 | 54.81 | -6.28 | 63.18 | -1.33 | 59.17 | 12.28 | 58.82 | -15.74 |
| 2015 (2) | 6.24 | -4.44 | 5.70 | -10.52 | 58.48 | 4.69 | 64.03 | 11.69 | 52.70 | -2.5 | 69.81 | 18.06 |
| 2014 (1) | 6.53 | -15.41 | 6.37 | -8.61 | 55.86 | 18.07 | 57.33 | 9.51 | 54.05 | 7.5 | 59.13 | 19.77 |
