- 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) | 2.25 | 4.17 | -6.25 | 1.02 | -3.77 | -6.42 | 40.52 | -3.84 | 6.86 | 89.04 | 3.62 | 6.7 | 31.19 | -6.62 | 10.56 | 98.37 | 3.9 | 5.58 |
| 23Q3 (19) | 2.16 | -14.29 | -6.9 | 1.06 | -4.5 | 11.58 | 42.14 | 16.73 | 7.47 | 85.93 | 4.72 | -10.01 | 33.40 | -0.98 | 18.36 | 94.68 | 12.13 | -11.08 |
| 23Q2 (18) | 2.52 | 31.25 | 5.44 | 1.11 | 27.59 | 26.14 | 36.10 | -23.9 | -5.25 | 82.06 | -21.83 | -20.93 | 33.73 | -18.19 | 2.34 | 84.44 | -24.06 | -22.48 |
| 23Q1 (17) | 1.92 | -20.0 | 4.35 | 0.87 | -20.18 | 17.57 | 47.44 | 25.11 | -4.18 | 104.97 | 25.79 | -15.0 | 41.23 | 46.15 | -9.12 | 111.19 | 19.34 | -12.88 |
| 22Q4 (16) | 2.40 | 3.45 | 14.83 | 1.09 | 14.74 | 0.93 | 37.92 | -3.29 | -13.05 | 83.45 | -12.61 | -1.13 | 28.21 | -0.04 | -18.73 | 93.17 | -12.5 | -0.14 |
| 22Q3 (15) | 2.32 | -2.93 | 36.47 | 0.95 | 7.95 | 1.06 | 39.21 | 2.91 | -26.57 | 95.49 | -7.99 | -1.32 | 28.22 | -14.38 | -35.99 | 106.48 | -2.24 | 0.39 |
| 22Q2 (14) | 2.39 | 29.89 | 17.16 | 0.88 | 18.92 | -20.72 | 38.10 | -23.05 | -14.46 | 103.78 | -15.96 | 26.02 | 32.96 | -27.35 | -15.31 | 108.92 | -14.66 | 23.81 |
| 22Q1 (13) | 1.84 | -11.96 | 2.79 | 0.74 | -31.48 | -21.28 | 49.51 | 13.53 | -2.77 | 123.49 | 46.32 | 27.17 | 45.37 | 30.71 | -8.03 | 127.63 | 36.8 | 29.32 |
| 21Q4 (12) | 2.09 | 22.94 | -7.11 | 1.08 | 14.89 | -8.47 | 43.61 | -18.33 | 7.92 | 84.40 | -12.78 | 9.6 | 34.71 | -21.27 | -11.27 | 93.30 | -12.04 | 19.16 |
| 21Q3 (11) | 1.70 | -16.67 | -25.44 | 0.94 | -15.32 | -15.32 | 53.40 | 19.89 | 33.63 | 96.77 | 17.51 | 17.78 | 44.09 | 13.28 | 24.23 | 106.07 | 20.58 | 22.43 |
| 21Q2 (10) | 2.04 | 13.97 | -21.54 | 1.11 | 18.09 | -1.77 | 44.54 | -12.53 | 27.04 | 82.35 | -15.2 | 2.3 | 38.92 | -21.1 | 10.82 | 87.97 | -10.86 | 9.36 |
| 21Q1 (9) | 1.79 | -20.44 | 14.01 | 0.94 | -20.34 | 17.5 | 50.92 | 26.01 | -12.27 | 97.11 | 26.1 | -15.05 | 49.33 | 26.1 | -11.13 | 98.69 | 26.04 | -15.54 |
| 20Q4 (8) | 2.25 | -1.32 | -5.46 | 1.18 | 6.31 | -9.92 | 40.41 | 1.13 | 5.48 | 77.01 | -6.27 | 11.05 | 39.12 | 10.23 | 21.76 | 78.30 | -9.63 | 3.67 |
| 20Q3 (7) | 2.28 | -12.31 | 7.55 | 1.11 | -1.77 | 6.73 | 39.96 | 13.98 | -6.72 | 82.16 | 2.06 | -6.37 | 35.49 | 1.05 | 2.9 | 86.64 | 7.71 | -9.84 |
| 20Q2 (6) | 2.60 | 65.61 | 17.65 | 1.13 | 41.25 | 5.61 | 35.06 | -39.59 | -14.84 | 80.50 | -29.58 | -5.73 | 35.12 | -36.73 | 10.79 | 80.44 | -31.16 | -15.2 |
| 20Q1 (5) | 1.57 | -34.03 | -1.26 | 0.80 | -38.93 | -4.76 | 58.04 | 51.5 | 1.45 | 114.32 | 64.84 | 5.64 | 55.51 | 72.77 | 37.78 | 116.85 | 54.71 | -6.62 |
| 19Q4 (4) | 2.38 | 12.26 | 0.0 | 1.31 | 25.96 | 0.0 | 38.31 | -10.57 | 0.0 | 69.35 | -20.97 | 0.0 | 32.13 | -6.84 | 0.0 | 75.53 | -21.4 | 0.0 |
| 19Q3 (3) | 2.12 | -4.07 | 0.0 | 1.04 | -2.8 | 0.0 | 42.84 | 4.06 | 0.0 | 87.75 | 2.76 | 0.0 | 34.49 | 8.8 | 0.0 | 96.10 | 1.31 | 0.0 |
| 19Q2 (2) | 2.21 | 38.99 | 0.0 | 1.07 | 27.38 | 0.0 | 41.17 | -28.04 | 0.0 | 85.39 | -21.1 | 0.0 | 31.70 | -21.32 | 0.0 | 94.86 | -24.2 | 0.0 |
| 19Q1 (1) | 1.59 | 0.0 | 0.0 | 0.84 | 0.0 | 0.0 | 57.21 | 0.0 | 0.0 | 108.22 | 0.0 | 0.0 | 40.29 | 0.0 | 0.0 | 125.14 | 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) | 8.71 | 13.41 | 4.09 | 7.35 | 41.92 | -11.82 | 89.29 | -6.73 | 32.82 | -14.22 | 98.39 | -6.3 |
| 2022 (9) | 7.68 | -3.52 | 3.81 | -8.19 | 47.54 | 3.69 | 95.73 | 8.97 | 38.26 | -10.27 | 105.01 | 15.32 |
| 2021 (8) | 7.96 | 0.89 | 4.15 | -4.16 | 45.85 | -0.91 | 87.85 | 4.16 | 42.64 | -8.99 | 91.06 | 8.7 |
| 2020 (7) | 7.89 | 1.02 | 4.33 | -4.84 | 46.27 | -1.05 | 84.34 | 5.11 | 46.85 | 28.67 | 83.77 | -7.54 |
| 2019 (6) | 7.81 | 2.49 | 4.55 | 21.33 | 46.76 | -2.38 | 80.24 | -17.53 | 36.41 | -7.92 | 90.60 | -14.25 |
| 2018 (5) | 7.62 | -11.81 | 3.75 | -8.98 | 47.90 | 13.37 | 97.30 | 9.82 | 39.54 | -2.61 | 105.66 | 17.09 |
| 2017 (4) | 8.64 | -8.57 | 4.12 | -8.24 | 42.25 | 9.37 | 88.60 | 8.94 | 40.60 | 11.75 | 90.24 | 7.9 |
| 2016 (3) | 9.45 | 0 | 4.49 | 0 | 38.63 | 0 | 81.33 | 0 | 36.33 | 0 | 83.63 | 0 |
