- 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) | 0.78 | 9.86 | -14.29 | 4.89 | -10.77 | 38.53 | 116.18 | -9.2 | 15.56 | 18.61 | 12.04 | -27.73 | 108.20 | -9.78 | 27.76 | 26.59 | 7.96 | -36.08 |
| 23Q3 (19) | 0.71 | -7.79 | -22.83 | 5.48 | -13.02 | 65.56 | 127.95 | 8.4 | 29.07 | 16.61 | 15.11 | -39.56 | 119.93 | 15.2 | 39.65 | 24.63 | -13.12 | -39.53 |
| 23Q2 (18) | 0.77 | -7.23 | -25.24 | 6.30 | 47.54 | 98.11 | 118.03 | 7.61 | 33.99 | 14.43 | -32.29 | -49.63 | 104.11 | 17.31 | 25.57 | 28.35 | -32.88 | -16.17 |
| 23Q1 (17) | 0.83 | -8.79 | -17.0 | 4.27 | 20.96 | 32.61 | 109.68 | 9.09 | 19.93 | 21.31 | -17.24 | -24.7 | 88.75 | 4.79 | 8.01 | 42.24 | 1.54 | 12.4 |
| 22Q4 (16) | 0.91 | -1.09 | -35.92 | 3.53 | 6.65 | -9.72 | 100.54 | 1.42 | 56.82 | 25.75 | -6.3 | 10.61 | 84.69 | -1.39 | 40.26 | 41.60 | 2.14 | 54.02 |
| 22Q3 (15) | 0.92 | -10.68 | -40.26 | 3.31 | 4.09 | 23.51 | 99.13 | 12.53 | 68.1 | 27.48 | -4.08 | -18.99 | 85.88 | 3.58 | 86.9 | 40.73 | 20.43 | -13.23 |
| 22Q2 (14) | 1.03 | 3.0 | 68.85 | 3.18 | -1.24 | 101.27 | 88.09 | -3.67 | -41.23 | 28.65 | 1.24 | -50.3 | 82.91 | 0.9 | 29.39 | 33.82 | -10.01 | -76.43 |
| 22Q1 (13) | 1.00 | -29.58 | 72.41 | 3.22 | -17.65 | 35.86 | 91.45 | 42.65 | -41.83 | 28.30 | 21.56 | -26.4 | 82.17 | 36.09 | -38.81 | 37.58 | 39.13 | -38.74 |
| 21Q4 (12) | 1.42 | -7.79 | -32.06 | 3.91 | 45.9 | -29.42 | 64.11 | 8.72 | 47.14 | 23.28 | -31.37 | 41.78 | 60.38 | 31.4 | 21.46 | 27.01 | -42.46 | 162.74 |
| 21Q3 (11) | 1.54 | 152.46 | -9.94 | 2.68 | 69.62 | -5.63 | 58.97 | -60.66 | 10.74 | 33.92 | -41.16 | 5.97 | 45.95 | -28.29 | 7.44 | 46.94 | -67.28 | 10.47 |
| 21Q2 (10) | 0.61 | 5.17 | -61.88 | 1.58 | -33.33 | -23.67 | 149.90 | -4.64 | 164.0 | 57.65 | 49.93 | 31.38 | 64.08 | -52.28 | 55.65 | 143.47 | 133.85 | 141.13 |
| 21Q1 (9) | 0.58 | -72.25 | -47.27 | 2.37 | -57.22 | 160.44 | 157.20 | 260.8 | 90.71 | 38.45 | 134.17 | -61.57 | 134.29 | 170.15 | 233.23 | 61.35 | 496.79 | -56.85 |
| 20Q4 (8) | 2.09 | 22.22 | 49.29 | 5.54 | 95.07 | 287.41 | 43.57 | -18.18 | -32.96 | 16.42 | -48.7 | -74.16 | 49.71 | 16.23 | 94.18 | 10.28 | -75.81 | -90.01 |
| 20Q3 (7) | 1.71 | 6.87 | 30.53 | 2.84 | 37.2 | 104.32 | 53.25 | -6.22 | -23.58 | 32.01 | -27.05 | -50.95 | 42.77 | 3.89 | -12.54 | 42.49 | -28.59 | -50.61 |
| 20Q2 (6) | 1.60 | 45.45 | 8.84 | 2.07 | 127.47 | 62.99 | 56.78 | -31.12 | -8.27 | 43.88 | -56.14 | -38.72 | 41.17 | 2.16 | -37.13 | 59.50 | -58.15 | -12.53 |
| 20Q1 (5) | 1.10 | -21.43 | -40.86 | 0.91 | -36.36 | -27.78 | 82.43 | 26.83 | 68.33 | 100.05 | 57.44 | 39.02 | 40.30 | 57.42 | -28.65 | 142.18 | 38.12 | 120.57 |
| 19Q4 (4) | 1.40 | 6.87 | 0.0 | 1.43 | 2.88 | 0.0 | 64.99 | -6.73 | 0.0 | 63.55 | -2.62 | 0.0 | 25.60 | -47.65 | 0.0 | 102.94 | 19.66 | 0.0 |
| 19Q3 (3) | 1.31 | -10.88 | 0.0 | 1.39 | 9.45 | 0.0 | 69.68 | 12.57 | 0.0 | 65.26 | -8.85 | 0.0 | 48.90 | -25.32 | 0.0 | 86.03 | 26.48 | 0.0 |
| 19Q2 (2) | 1.47 | -20.97 | 0.0 | 1.27 | 0.79 | 0.0 | 61.90 | 26.4 | 0.0 | 71.60 | -0.51 | 0.0 | 65.48 | 15.93 | 0.0 | 68.02 | 5.52 | 0.0 |
| 19Q1 (1) | 1.86 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | 48.97 | 0.0 | 0.0 | 71.97 | 0.0 | 0.0 | 56.48 | 0.0 | 0.0 | 64.46 | 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) | 3.10 | -17.33 | 15.98 | 10.97 | 117.86 | 21.12 | 22.84 | -9.87 | 108.32 | 21.38 | 32.38 | -3.08 |
| 2022 (9) | 3.75 | 26.69 | 14.40 | 30.91 | 97.31 | -21.1 | 25.34 | -23.63 | 89.24 | -28.14 | 33.41 | 3.34 |
| 2021 (8) | 2.96 | -25.81 | 11.00 | -8.1 | 123.34 | 34.77 | 33.18 | 8.79 | 124.18 | 20.75 | 32.33 | 68.56 |
| 2020 (7) | 3.99 | -46.94 | 11.97 | 121.26 | 91.52 | 88.43 | 30.50 | -54.77 | 102.84 | 158.2 | 19.18 | -74.82 |
| 2019 (6) | 7.52 | 32.39 | 5.41 | 25.52 | 48.57 | -24.48 | 67.43 | -20.3 | 39.83 | -2.23 | 76.17 | -29.59 |
| 2018 (5) | 5.68 | -10.41 | 4.31 | 29.04 | 64.31 | 11.75 | 84.61 | -22.48 | 40.74 | 15.12 | 108.18 | -17.61 |
| 2017 (4) | 6.34 | 14.44 | 3.34 | -6.18 | 57.55 | -12.66 | 109.15 | 6.54 | 35.39 | 19.16 | 131.31 | -5.29 |
| 2016 (3) | 5.54 | 1.84 | 3.56 | -11.44 | 65.89 | -1.85 | 102.45 | 12.76 | 29.70 | -1.85 | 138.64 | 8.54 |
| 2015 (2) | 5.44 | -2.16 | 4.02 | -8.64 | 67.13 | 2.3 | 90.86 | 9.52 | 30.26 | -6.81 | 127.73 | 10.01 |
| 2014 (1) | 5.56 | 8.38 | 4.40 | -4.76 | 65.62 | -7.76 | 82.96 | 4.93 | 32.47 | 17.35 | 116.11 | -5.24 |
