- 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) | 5.33 | -29.03 | 74.18 | 8.33 | -48.0 | -34.2 | 17.07 | 40.96 | -42.68 | 10.93 | 92.43 | 52.02 | 6.34 | 53.51 | 56.93 | 21.65 | 58.49 | -34.25 |
| 23Q3 (19) | 7.51 | 65.42 | 180.22 | 16.02 | 12.5 | 108.32 | 12.11 | -39.51 | -64.33 | 5.68 | -11.11 | -51.99 | 4.13 | 14.4 | -39.0 | 13.66 | -40.11 | -64.98 |
| 23Q2 (18) | 4.54 | 45.98 | 11.0 | 14.24 | -15.79 | 32.34 | 20.02 | -31.56 | -10.02 | 6.39 | 18.77 | -24.47 | 3.61 | 113.61 | -23.03 | 22.81 | -30.77 | -12.34 |
| 23Q1 (17) | 3.11 | 1.63 | -49.92 | 16.91 | 33.57 | 5.16 | 29.25 | -1.78 | 99.52 | 5.38 | -25.17 | -4.95 | 1.69 | -58.17 | -51.01 | 32.95 | 0.06 | 95.32 |
| 22Q4 (16) | 3.06 | 14.18 | 20.95 | 12.66 | 64.63 | 92.69 | 29.78 | -12.28 | -17.05 | 7.19 | -39.22 | -48.12 | 4.04 | -40.32 | -50.0 | 32.93 | -15.59 | -20.99 |
| 22Q3 (15) | 2.68 | -34.47 | 83.56 | 7.69 | -28.53 | 87.1 | 33.95 | 52.58 | -45.58 | 11.83 | 39.83 | -46.57 | 6.77 | 44.35 | -55.14 | 39.01 | 49.92 | -43.82 |
| 22Q2 (14) | 4.09 | -34.14 | 66.94 | 10.76 | -33.08 | 55.04 | 22.25 | 51.77 | -40.16 | 8.46 | 49.47 | -35.52 | 4.69 | 35.94 | -44.23 | 26.02 | 54.24 | -37.88 |
| 22Q1 (13) | 6.21 | 145.45 | 38.31 | 16.08 | 144.75 | 134.4 | 14.66 | -59.16 | -27.64 | 5.66 | -59.16 | -57.35 | 3.45 | -57.3 | -2.82 | 16.87 | -59.52 | -43.73 |
| 21Q4 (12) | 2.53 | 73.29 | 22.22 | 6.57 | 59.85 | 205.58 | 35.90 | -42.46 | -18.17 | 13.86 | -37.4 | -67.27 | 8.08 | -46.45 | 29.49 | 41.68 | -39.98 | -47.89 |
| 21Q3 (11) | 1.46 | -40.41 | -40.41 | 4.11 | -40.78 | 88.53 | 62.39 | 67.81 | 67.85 | 22.14 | 68.75 | -46.96 | 15.09 | 79.43 | -7.48 | 69.44 | 65.77 | 10.91 |
| 21Q2 (10) | 2.45 | -45.43 | -2.78 | 6.94 | 1.17 | 279.23 | 37.18 | 83.51 | 2.93 | 13.12 | -1.13 | -73.6 | 8.41 | 136.9 | -67.63 | 41.89 | 39.73 | -29.98 |
| 21Q1 (9) | 4.49 | 116.91 | 86.31 | 6.86 | 219.07 | 234.63 | 20.26 | -53.82 | -46.33 | 13.27 | -68.67 | -70.16 | 3.55 | -43.11 | -82.78 | 29.98 | -62.52 | -51.34 |
| 20Q4 (8) | 2.07 | -15.51 | -52.3 | 2.15 | -1.38 | 0.94 | 43.87 | 18.03 | 109.2 | 42.35 | 1.46 | -0.73 | 6.24 | -61.74 | -68.21 | 79.98 | 27.74 | 81.77 |
| 20Q3 (7) | 2.45 | -2.78 | -29.6 | 2.18 | 19.13 | 60.29 | 37.17 | 2.91 | 42.25 | 41.74 | -16.0 | -37.66 | 16.31 | -37.22 | -52.85 | 62.61 | 4.65 | 7.01 |
| 20Q2 (6) | 2.52 | 4.56 | -38.24 | 1.83 | -10.73 | 3.39 | 36.12 | -4.32 | 62.05 | 49.69 | 11.74 | -3.21 | 25.98 | 26.06 | -0.95 | 59.83 | -2.89 | 26.22 |
| 20Q1 (5) | 2.41 | -44.47 | -20.2 | 2.05 | -3.76 | 135.63 | 37.75 | 80.02 | 25.25 | 44.47 | 4.24 | -57.28 | 20.61 | 4.99 | -56.43 | 61.61 | 40.02 | -29.14 |
| 19Q4 (4) | 4.34 | 24.71 | 0.0 | 2.13 | 56.62 | 0.0 | 20.97 | -19.75 | 0.0 | 42.66 | -36.29 | 0.0 | 19.63 | -43.25 | 0.0 | 44.00 | -24.8 | 0.0 |
| 19Q3 (3) | 3.48 | -14.71 | 0.0 | 1.36 | -23.16 | 0.0 | 26.13 | 17.23 | 0.0 | 66.96 | 30.42 | 0.0 | 34.59 | 31.87 | 0.0 | 58.51 | 23.44 | 0.0 |
| 19Q2 (2) | 4.08 | 35.1 | 0.0 | 1.77 | 103.45 | 0.0 | 22.29 | -26.05 | 0.0 | 51.34 | -50.68 | 0.0 | 26.23 | -44.55 | 0.0 | 47.40 | -45.48 | 0.0 |
| 19Q1 (1) | 3.02 | 0.0 | 0.0 | 0.87 | 0.0 | 0.0 | 30.14 | 0.0 | 0.0 | 104.10 | 0.0 | 0.0 | 47.30 | 0.0 | 0.0 | 86.94 | 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) | 13.50 | -2.67 | 53.54 | -3.58 | 27.04 | 2.77 | 6.82 | 3.81 | 2.27 | -25.82 | 31.59 | 5.94 |
| 2022 (9) | 13.87 | -4.67 | 55.53 | 141.86 | 26.31 | 4.86 | 6.57 | -58.68 | 3.06 | 6.25 | 29.82 | -21.73 |
| 2021 (8) | 14.55 | 39.77 | 22.96 | 169.48 | 25.09 | -28.44 | 15.90 | -62.89 | 2.88 | -76.53 | 38.10 | -41.96 |
| 2020 (7) | 10.41 | -26.48 | 8.52 | 34.38 | 35.06 | 36.05 | 42.85 | -25.58 | 12.27 | -47.04 | 65.64 | 9.07 |
| 2019 (6) | 14.16 | 90.32 | 6.34 | 183.04 | 25.77 | -47.47 | 57.58 | -64.61 | 23.17 | -63.33 | 60.18 | -59.49 |
| 2018 (5) | 7.44 | 104.4 | 2.24 | 3.7 | 49.06 | -51.13 | 162.70 | -3.81 | 63.19 | -37.0 | 148.57 | -12.21 |
| 2017 (4) | 3.64 | 23.39 | 2.16 | -19.7 | 100.39 | -18.89 | 169.14 | 24.45 | 100.30 | 17.97 | 169.23 | -3.1 |
| 2016 (3) | 2.95 | 13.9 | 2.69 | 3.07 | 123.77 | -12.18 | 135.91 | -2.78 | 85.02 | 33.74 | 174.65 | -19.58 |
| 2015 (2) | 2.59 | -24.93 | 2.61 | -21.39 | 140.94 | 33.06 | 139.80 | 27.02 | 63.57 | 19.43 | 217.17 | 33.44 |
| 2014 (1) | 3.45 | 7.81 | 3.32 | 9.93 | 105.92 | -7.17 | 110.06 | -9.0 | 53.23 | -29.26 | 162.75 | 1.85 |
