- 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) | 4.20 | -7.28 | 25.75 | 0.84 | -2.33 | 13.51 | 21.65 | 7.87 | -20.64 | 108.34 | 2.25 | -11.35 | 60.89 | 25.37 | 40.66 | 69.10 | -10.79 | -34.93 |
| 23Q3 (19) | 4.53 | 26.54 | 53.56 | 0.86 | 14.67 | 28.36 | 20.07 | -21.14 | -34.84 | 105.96 | -13.1 | -21.67 | 48.57 | -4.63 | 0.52 | 77.46 | -19.68 | -34.22 |
| 23Q2 (18) | 3.58 | -4.79 | 11.87 | 0.75 | -1.32 | -1.32 | 25.45 | 5.17 | -10.54 | 121.93 | 1.37 | 2.16 | 50.93 | 15.1 | 2.62 | 96.44 | -3.78 | -1.77 |
| 23Q1 (17) | 3.76 | 12.57 | 8.99 | 0.76 | 2.7 | -9.52 | 24.20 | -11.29 | -8.16 | 120.28 | -1.58 | 10.64 | 44.25 | 2.22 | -22.3 | 100.23 | -5.62 | 28.32 |
| 22Q4 (16) | 3.34 | 13.22 | -23.22 | 0.74 | 10.45 | -23.71 | 27.28 | -11.43 | 30.4 | 122.21 | -9.66 | 30.23 | 43.29 | -10.41 | -11.07 | 106.20 | -9.82 | 60.71 |
| 22Q3 (15) | 2.95 | -7.81 | -11.94 | 0.67 | -11.84 | -22.09 | 30.80 | 8.26 | 13.49 | 135.28 | 13.35 | 27.96 | 48.32 | -2.64 | -2.03 | 117.76 | 19.94 | 40.98 |
| 22Q2 (14) | 3.20 | -7.25 | -19.4 | 0.76 | -9.52 | -13.64 | 28.45 | 7.97 | 24.02 | 119.35 | 9.79 | 15.0 | 49.63 | -12.85 | -7.58 | 98.18 | 25.69 | 34.47 |
| 22Q1 (13) | 3.45 | -20.69 | -20.69 | 0.84 | -13.4 | -19.23 | 26.35 | 25.96 | 25.96 | 108.71 | 15.85 | 23.76 | 56.95 | 16.99 | 22.92 | 78.11 | 18.21 | 25.12 |
| 21Q4 (12) | 4.35 | 29.85 | 12.99 | 0.97 | 12.79 | -1.02 | 20.92 | -22.92 | -11.43 | 93.84 | -11.24 | 1.1 | 48.68 | -1.3 | 30.13 | 66.08 | -20.89 | -16.39 |
| 21Q3 (11) | 3.35 | -15.62 | 13.18 | 0.86 | -2.27 | 21.13 | 27.14 | 18.31 | -11.6 | 105.72 | 1.87 | -17.5 | 49.32 | -8.16 | 13.04 | 83.53 | 14.41 | -27.5 |
| 21Q2 (10) | 3.97 | -8.74 | 92.72 | 0.88 | -15.38 | 20.55 | 22.94 | 9.66 | -48.06 | 103.78 | 18.15 | -16.91 | 53.70 | 15.91 | 17.61 | 73.01 | 16.95 | -40.83 |
| 21Q1 (9) | 4.35 | 12.99 | 39.42 | 1.04 | 6.12 | 10.64 | 20.92 | -11.43 | -28.23 | 87.84 | -5.37 | -9.16 | 46.33 | 23.84 | 42.69 | 62.43 | -21.0 | -33.14 |
| 20Q4 (8) | 3.85 | 30.07 | 52.17 | 0.98 | 38.03 | 53.12 | 23.62 | -23.06 | -34.26 | 92.82 | -27.57 | -35.16 | 37.41 | -14.26 | 1.35 | 79.03 | -31.4 | -44.41 |
| 20Q3 (7) | 2.96 | 43.69 | 18.88 | 0.71 | -2.74 | 2.9 | 30.70 | -30.5 | -16.1 | 128.15 | 2.6 | -2.83 | 43.63 | -4.45 | 30.39 | 115.21 | -6.64 | -14.67 |
| 20Q2 (6) | 2.06 | -33.97 | -6.79 | 0.73 | -22.34 | 0.0 | 44.17 | 51.53 | 7.18 | 124.90 | 29.16 | 0.82 | 45.66 | 40.62 | 24.96 | 123.40 | 32.15 | -4.01 |
| 20Q1 (5) | 3.12 | 23.32 | 36.84 | 0.94 | 46.87 | 16.05 | 29.15 | -18.87 | -26.91 | 96.70 | -32.45 | -14.39 | 32.47 | -12.03 | 2.98 | 93.38 | -34.32 | -23.02 |
| 19Q4 (4) | 2.53 | 1.61 | 0.0 | 0.64 | -7.25 | 0.0 | 35.93 | -1.8 | 0.0 | 143.15 | 8.55 | 0.0 | 36.91 | 10.31 | 0.0 | 142.17 | 5.3 | 0.0 |
| 19Q3 (3) | 2.49 | 12.67 | 0.0 | 0.69 | -5.48 | 0.0 | 36.59 | -11.21 | 0.0 | 131.88 | 6.45 | 0.0 | 33.46 | -8.43 | 0.0 | 135.01 | 5.02 | 0.0 |
| 19Q2 (2) | 2.21 | -3.07 | 0.0 | 0.73 | -9.88 | 0.0 | 41.21 | 3.34 | 0.0 | 123.89 | 9.69 | 0.0 | 36.54 | 15.89 | 0.0 | 128.56 | 5.99 | 0.0 |
| 19Q1 (1) | 2.28 | 0.0 | 0.0 | 0.81 | 0.0 | 0.0 | 39.88 | 0.0 | 0.0 | 112.95 | 0.0 | 0.0 | 31.53 | 0.0 | 0.0 | 121.30 | 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) | 13.61 | -17.81 | 2.97 | -13.41 | 26.82 | 21.63 | 122.71 | 15.17 | 56.35 | 19.77 | 93.17 | 14.23 |
| 2022 (9) | 16.56 | 5.41 | 3.43 | -13.16 | 22.05 | -5.08 | 106.55 | 15.23 | 47.05 | -2.55 | 81.56 | 20.96 |
| 2021 (8) | 15.71 | 27.72 | 3.95 | 11.9 | 23.23 | -21.73 | 92.47 | -10.55 | 48.28 | 35.54 | 67.43 | -30.8 |
| 2020 (7) | 12.30 | 28.39 | 3.53 | 20.48 | 29.68 | -22.1 | 103.38 | -16.98 | 35.62 | 11.66 | 97.44 | -25.46 |
| 2019 (6) | 9.58 | -10.97 | 2.93 | -14.08 | 38.10 | 12.29 | 124.52 | 16.21 | 31.90 | 24.76 | 130.73 | 13.18 |
| 2018 (5) | 10.76 | 3.86 | 3.41 | -10.97 | 33.93 | -3.72 | 107.15 | 12.53 | 25.57 | 7.12 | 115.51 | 8.38 |
| 2017 (4) | 10.36 | 14.22 | 3.83 | -0.78 | 35.24 | -12.4 | 95.22 | 0.75 | 23.87 | 16.9 | 106.58 | -6.77 |
| 2016 (3) | 9.07 | -4.53 | 3.86 | -1.53 | 40.23 | 4.68 | 94.51 | 1.62 | 20.42 | -1.73 | 114.32 | 3.33 |
| 2015 (2) | 9.50 | 6.26 | 3.92 | -17.99 | 38.43 | -5.83 | 93.00 | 21.74 | 20.78 | 3.85 | 110.64 | 13.84 |
| 2014 (1) | 8.94 | 29.0 | 4.78 | 5.29 | 40.81 | -22.49 | 76.39 | -5.03 | 20.01 | -24.35 | 97.19 | -8.86 |
