- 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) | 2.72 | -33.98 | 216.28 | 0.00 | 0 | -100.0 | 33.46 | 51.54 | -68.54 | 0.00 | 0 | -100.0 | 7.39 | 35.85 | -79.83 | 26.08 | 56.73 | -70.71 |
| 23Q3 (19) | 4.12 | 58.46 | 120.32 | 0.00 | -100.0 | -100.0 | 22.08 | -36.91 | -54.56 | 0.00 | -100.0 | -100.0 | 5.44 | -77.95 | -74.74 | 16.64 | -9.71 | -54.83 |
| 23Q2 (18) | 2.60 | 91.18 | 78.08 | 11.23 | 117.64 | 43.61 | 35.00 | -47.79 | -43.83 | 8.10 | -54.08 | -30.41 | 24.67 | -21.43 | 13.58 | 18.43 | -65.42 | -64.71 |
| 23Q1 (17) | 1.36 | 58.14 | 29.52 | 5.16 | 9.55 | 0.78 | 67.04 | -36.97 | -22.37 | 17.64 | -8.6 | -0.84 | 31.40 | -14.28 | -10.08 | 53.29 | -40.14 | -23.02 |
| 22Q4 (16) | 0.86 | -54.01 | -51.96 | 4.71 | -49.3 | -13.74 | 106.36 | 118.89 | 109.04 | 19.30 | 97.14 | 15.78 | 36.63 | 70.06 | 24.55 | 89.03 | 141.67 | 133.43 |
| 22Q3 (15) | 1.87 | 28.08 | 29.86 | 9.29 | 18.8 | 78.31 | 48.59 | -22.02 | -23.24 | 9.79 | -15.89 | -43.93 | 21.54 | -0.83 | -25.72 | 36.84 | -29.47 | -28.81 |
| 22Q2 (14) | 1.46 | 39.05 | -28.78 | 7.82 | 52.73 | 14.33 | 62.31 | -27.85 | 40.12 | 11.64 | -34.57 | -12.55 | 21.72 | -37.8 | -0.46 | 52.23 | -24.56 | 45.29 |
| 22Q1 (13) | 1.05 | -41.34 | -51.39 | 5.12 | -6.23 | 24.27 | 86.36 | 69.73 | 105.23 | 17.79 | 6.72 | -19.36 | 34.92 | 18.74 | -2.16 | 69.23 | 81.52 | 143.34 |
| 21Q4 (12) | 1.79 | 24.31 | 38.76 | 5.46 | 4.8 | -7.93 | 50.88 | -19.62 | -27.73 | 16.67 | -4.52 | 8.67 | 29.41 | 1.41 | -7.19 | 38.14 | -26.3 | -29.45 |
| 21Q3 (11) | 1.44 | -29.76 | 80.0 | 5.21 | -23.83 | -14.59 | 63.30 | 42.34 | -44.63 | 17.46 | 31.18 | 16.95 | 29.00 | 32.91 | -29.53 | 51.75 | 43.95 | -41.27 |
| 21Q2 (10) | 2.05 | -5.09 | 180.82 | 6.84 | 66.02 | 18.34 | 44.47 | 5.68 | -64.46 | 13.31 | -39.66 | -15.38 | 21.82 | -38.86 | -35.04 | 35.95 | 26.36 | -66.49 |
| 21Q1 (9) | 2.16 | 67.44 | 369.57 | 4.12 | -30.52 | 54.89 | 42.08 | -40.23 | -78.67 | 22.06 | 43.81 | -35.59 | 35.69 | 12.62 | -41.93 | 28.45 | -47.37 | -83.27 |
| 20Q4 (8) | 1.29 | 61.25 | 76.71 | 5.93 | -2.79 | 32.66 | 70.40 | -38.42 | -43.51 | 15.34 | 2.75 | -24.58 | 31.69 | -22.99 | -6.49 | 54.06 | -38.65 | -51.33 |
| 20Q3 (7) | 0.80 | 9.59 | -1.23 | 6.10 | 5.54 | 64.42 | 114.33 | -8.63 | 2.04 | 14.93 | -5.09 | -39.09 | 41.15 | 22.51 | -10.45 | 88.12 | -17.85 | -2.74 |
| 20Q2 (6) | 0.73 | 58.7 | -45.52 | 5.78 | 117.29 | -0.17 | 125.13 | -36.56 | 84.78 | 15.73 | -54.07 | 0.06 | 33.59 | -45.35 | 4.9 | 107.27 | -36.91 | 108.62 |
| 20Q1 (5) | 0.46 | -36.99 | -48.89 | 2.66 | -40.49 | -38.71 | 197.25 | 58.28 | 95.18 | 34.25 | 68.39 | 63.48 | 61.46 | 81.35 | 29.36 | 170.04 | 53.08 | 128.27 |
| 19Q4 (4) | 0.73 | -9.88 | 0.0 | 4.47 | 20.49 | 0.0 | 124.62 | 11.23 | 0.0 | 20.34 | -17.01 | 0.0 | 33.89 | -26.25 | 0.0 | 111.08 | 22.6 | 0.0 |
| 19Q3 (3) | 0.81 | -39.55 | 0.0 | 3.71 | -35.92 | 0.0 | 112.04 | 65.45 | 0.0 | 24.51 | 55.92 | 0.0 | 45.95 | 43.5 | 0.0 | 90.60 | 76.2 | 0.0 |
| 19Q2 (2) | 1.34 | 48.89 | 0.0 | 5.79 | 33.41 | 0.0 | 67.72 | -32.99 | 0.0 | 15.72 | -24.96 | 0.0 | 32.02 | -32.6 | 0.0 | 51.42 | -30.97 | 0.0 |
| 19Q1 (1) | 0.90 | 0.0 | 0.0 | 4.34 | 0.0 | 0.0 | 101.06 | 0.0 | 0.0 | 20.95 | 0.0 | 0.0 | 47.51 | 0.0 | 0.0 | 74.49 | 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) | 8.83 | 85.12 | 91.77 | 281.42 | 41.34 | -46.02 | 3.98 | -73.76 | 11.53 | -60.39 | 33.79 | -46.06 |
| 2022 (9) | 4.77 | -45.86 | 24.06 | 9.61 | 76.58 | 84.8 | 15.17 | -8.78 | 29.11 | -11.28 | 62.64 | 147.98 |
| 2021 (8) | 8.81 | 347.21 | 21.95 | 91.37 | 41.44 | -77.65 | 16.63 | -47.72 | 32.81 | -44.34 | 25.26 | -84.04 |
| 2020 (7) | 1.97 | -38.44 | 11.47 | -39.82 | 185.43 | 62.49 | 31.81 | 66.11 | 58.95 | 30.19 | 158.28 | 79.86 |
| 2019 (6) | 3.20 | -35.87 | 19.06 | -24.75 | 114.12 | 56.01 | 19.15 | 32.89 | 45.28 | 40.84 | 88.00 | 58.82 |
| 2018 (5) | 4.99 | -1.58 | 25.33 | -2.95 | 73.15 | 1.64 | 14.41 | 3.0 | 32.15 | 52.88 | 55.41 | -14.65 |
| 2017 (4) | 5.07 | 20.71 | 26.10 | -3.44 | 71.97 | -17.2 | 13.99 | 3.63 | 21.03 | 2.59 | 64.92 | -18.77 |
| 2016 (3) | 4.20 | 2.44 | 27.03 | -15.19 | 86.92 | -2.44 | 13.50 | 17.9 | 20.50 | -1.54 | 79.92 | 0.25 |
| 2015 (2) | 4.10 | -4.21 | 31.87 | 3.27 | 89.09 | 4.47 | 11.45 | -3.21 | 20.82 | 5.42 | 79.72 | 3.05 |
| 2014 (1) | 4.28 | 0.71 | 30.86 | 9.9 | 85.28 | -0.74 | 11.83 | -9.0 | 19.75 | -5.09 | 77.36 | -0.96 |
