- 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) | 0.68 | -12.82 | -6.85 | 1.18 | -9.23 | 0.85 | 134.50 | 15.22 | 7.27 | 76.93 | 10.23 | -1.4 | 120.83 | 9.39 | 26.55 | 90.60 | 19.13 | -16.05 |
| 23Q3 (19) | 0.78 | 6.85 | 25.81 | 1.30 | 10.17 | 58.54 | 116.73 | -6.76 | -20.81 | 69.79 | -9.53 | -36.84 | 110.46 | -5.86 | -19.63 | 76.05 | -10.53 | -36.87 |
| 23Q2 (18) | 0.73 | -7.59 | 1.39 | 1.18 | -4.07 | 2.61 | 125.19 | 8.53 | -0.75 | 77.14 | 4.54 | -2.12 | 117.33 | 9.76 | 12.62 | 85.00 | 3.36 | -15.65 |
| 23Q1 (17) | 0.79 | 8.22 | 41.07 | 1.23 | 5.13 | 29.47 | 115.35 | -8.0 | -28.54 | 73.79 | -5.42 | -22.77 | 106.90 | 11.96 | -26.53 | 82.24 | -23.8 | -26.21 |
| 22Q4 (16) | 0.73 | 17.74 | -5.19 | 1.17 | 42.68 | -5.65 | 125.38 | -14.94 | 6.25 | 78.02 | -29.39 | 6.48 | 95.48 | -30.53 | -13.22 | 107.92 | -10.41 | 32.82 |
| 22Q3 (15) | 0.62 | -13.89 | 1.64 | 0.82 | -28.7 | -15.46 | 147.40 | 16.85 | -0.73 | 110.49 | 40.2 | 18.26 | 137.44 | 31.93 | 1.79 | 120.46 | 19.54 | 12.7 |
| 22Q2 (14) | 0.72 | 28.57 | -7.69 | 1.15 | 21.05 | -10.16 | 126.14 | -21.86 | 8.44 | 78.81 | -17.51 | 10.94 | 104.18 | -28.4 | -13.84 | 100.77 | -9.58 | 51.63 |
| 22Q1 (13) | 0.56 | -27.27 | -24.32 | 0.95 | -23.39 | -30.66 | 161.42 | 36.79 | 31.26 | 95.54 | 30.39 | 43.63 | 145.51 | 32.25 | 30.9 | 111.45 | 37.17 | 42.25 |
| 21Q4 (12) | 0.77 | 26.23 | 0.0 | 1.24 | 27.84 | -5.34 | 118.01 | -20.53 | -0.77 | 73.27 | -21.58 | 5.58 | 110.03 | -18.51 | 10.36 | 81.25 | -23.99 | -8.33 |
| 21Q3 (11) | 0.61 | -21.79 | -12.86 | 0.97 | -24.22 | -14.16 | 148.49 | 27.66 | 14.33 | 93.43 | 31.52 | 16.18 | 135.02 | 11.67 | 35.32 | 106.89 | 60.83 | -3.28 |
| 21Q2 (10) | 0.78 | 5.41 | 25.81 | 1.28 | -6.57 | 45.45 | 116.32 | -5.42 | -21.38 | 71.04 | 6.79 | -30.98 | 120.91 | 8.77 | -7.9 | 66.46 | -15.18 | -44.44 |
| 21Q1 (9) | 0.74 | -3.9 | 64.44 | 1.37 | 4.58 | 82.67 | 122.98 | 3.41 | -39.15 | 66.52 | -4.15 | -44.96 | 111.16 | 11.49 | -34.33 | 78.35 | -11.6 | -49.02 |
| 20Q4 (8) | 0.77 | 10.0 | 24.19 | 1.31 | 15.93 | 16.96 | 118.93 | -8.43 | -18.65 | 69.40 | -13.7 | -14.45 | 99.70 | -0.08 | -12.1 | 88.63 | -19.81 | -22.19 |
| 20Q3 (7) | 0.70 | 12.9 | 22.81 | 1.13 | 28.41 | 14.14 | 129.88 | -12.22 | -19.32 | 80.42 | -21.87 | -12.73 | 99.78 | -23.99 | -17.22 | 110.52 | -7.6 | -16.65 |
| 20Q2 (6) | 0.62 | 37.78 | 0.0 | 0.88 | 17.33 | -20.0 | 147.96 | -26.8 | 1.43 | 102.93 | -14.83 | 24.58 | 131.28 | -22.45 | 29.81 | 119.61 | -22.18 | -6.1 |
| 20Q1 (5) | 0.45 | -27.42 | -16.67 | 0.75 | -33.04 | -23.47 | 202.12 | 38.25 | 20.76 | 120.85 | 48.98 | 29.93 | 169.28 | 49.25 | 58.32 | 153.70 | 34.93 | 0.15 |
| 19Q4 (4) | 0.62 | 8.77 | 0.0 | 1.12 | 13.13 | 0.0 | 146.20 | -9.18 | 0.0 | 81.12 | -11.97 | 0.0 | 113.42 | -5.9 | 0.0 | 113.91 | -14.1 | 0.0 |
| 19Q3 (3) | 0.57 | -8.06 | 0.0 | 0.99 | -10.0 | 0.0 | 160.98 | 10.35 | 0.0 | 92.15 | 11.53 | 0.0 | 120.53 | 19.18 | 0.0 | 132.60 | 4.1 | 0.0 |
| 19Q2 (2) | 0.62 | 14.81 | 0.0 | 1.10 | 12.24 | 0.0 | 145.88 | -12.85 | 0.0 | 82.62 | -11.17 | 0.0 | 101.13 | -5.42 | 0.0 | 127.38 | -17.0 | 0.0 |
| 19Q1 (1) | 0.54 | 0.0 | 0.0 | 0.98 | 0.0 | 0.0 | 167.38 | 0.0 | 0.0 | 93.01 | 0.0 | 0.0 | 106.92 | 0.0 | 0.0 | 153.47 | 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) | 3.31 | 38.49 | 5.26 | 23.76 | 110.12 | -27.93 | 69.40 | -19.18 | 100.36 | -27.67 | 79.16 | -20.78 |
| 2022 (9) | 2.39 | -24.61 | 4.25 | -21.44 | 152.80 | 32.75 | 85.87 | 27.38 | 138.75 | 25.25 | 99.93 | 39.31 |
| 2021 (8) | 3.17 | 33.76 | 5.41 | 32.6 | 115.10 | -25.28 | 67.41 | -24.57 | 110.78 | -15.29 | 71.73 | -36.31 |
| 2020 (7) | 2.37 | -4.44 | 4.08 | 0.25 | 154.04 | 4.82 | 89.37 | -0.32 | 130.78 | 18.18 | 112.62 | -10.58 |
| 2019 (6) | 2.48 | 0.81 | 4.07 | -18.11 | 146.96 | -0.98 | 89.66 | 22.05 | 110.66 | -3.12 | 125.95 | 17.0 |
| 2018 (5) | 2.46 | 5.13 | 4.97 | -16.75 | 148.41 | -4.79 | 73.46 | 20.17 | 114.22 | -13.44 | 107.65 | 26.59 |
| 2017 (4) | 2.34 | -3.31 | 5.97 | -1.0 | 155.87 | 3.55 | 61.13 | 0.92 | 131.96 | 5.2 | 85.04 | -0.72 |
| 2016 (3) | 2.42 | 1.26 | 6.03 | 13.35 | 150.53 | -1.36 | 60.57 | -11.73 | 125.44 | -7.44 | 85.66 | -0.04 |
| 2015 (2) | 2.39 | 0 | 5.32 | 0 | 152.60 | 0 | 68.62 | 0 | 135.53 | 0 | 85.69 | 0 |
