- 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) | 0.88 | 41.94 | 25.71 | 0.54 | -12.9 | -8.47 | 103.50 | -29.79 | -20.23 | 168.38 | 13.87 | 10.07 | 259.78 | -4.19 | 4.88 | 12.10 | -49.85 | -65.45 |
| 23Q3 (19) | 0.62 | -58.39 | -11.43 | 0.62 | -49.18 | -27.06 | 147.41 | 141.42 | 13.58 | 147.87 | 99.02 | 38.85 | 271.15 | 129.19 | 44.37 | 24.13 | 41.52 | -50.21 |
| 23Q2 (18) | 1.49 | 52.04 | 11.19 | 1.22 | 87.69 | -4.69 | 61.06 | -34.4 | -10.14 | 74.30 | -47.32 | 4.4 | 118.31 | -39.53 | 11.98 | 17.05 | -55.68 | -49.04 |
| 23Q1 (17) | 0.98 | 40.0 | 28.95 | 0.65 | 10.17 | 8.33 | 93.08 | -28.26 | -22.56 | 141.03 | -7.81 | -6.97 | 195.64 | -21.01 | -7.67 | 38.47 | 9.85 | -35.78 |
| 22Q4 (16) | 0.70 | 0.0 | 14.75 | 0.59 | -30.59 | -9.23 | 129.74 | -0.03 | -12.37 | 152.97 | 43.63 | 8.47 | 247.69 | 31.88 | 3.59 | 35.02 | -27.73 | -29.92 |
| 22Q3 (15) | 0.70 | -47.76 | 22.81 | 0.85 | -33.59 | 3.66 | 129.78 | 90.99 | -18.62 | 106.50 | 49.64 | -4.17 | 187.81 | 77.77 | -17.15 | 48.46 | 44.83 | 10.36 |
| 22Q2 (14) | 1.34 | 76.32 | 20.72 | 1.28 | 113.33 | -14.67 | 67.95 | -43.47 | -16.92 | 71.17 | -53.05 | 17.23 | 105.65 | -50.14 | -2.64 | 33.46 | -44.14 | -1.53 |
| 22Q1 (13) | 0.76 | 24.59 | -24.75 | 0.60 | -7.69 | -40.59 | 120.20 | -18.81 | 33.85 | 151.60 | 7.5 | 67.72 | 211.90 | -11.38 | 64.31 | 59.90 | 19.87 | 16.92 |
| 21Q4 (12) | 0.61 | 7.02 | -32.97 | 0.65 | -20.73 | -21.69 | 148.05 | -7.16 | 48.24 | 141.02 | 26.9 | 28.57 | 239.10 | 5.47 | 36.53 | 49.97 | 13.8 | 45.14 |
| 21Q3 (11) | 0.57 | -48.65 | -13.64 | 0.82 | -45.33 | -7.87 | 159.47 | 94.97 | 15.34 | 111.13 | 83.05 | 8.17 | 226.69 | 108.91 | 14.69 | 43.91 | 29.22 | 1.27 |
| 21Q2 (10) | 1.11 | 9.9 | -17.16 | 1.50 | 48.51 | -7.98 | 81.79 | -8.92 | 20.09 | 60.71 | -32.84 | 8.82 | 108.51 | -15.86 | 10.66 | 33.98 | -33.67 | 31.5 |
| 21Q1 (9) | 1.01 | 10.99 | 10.99 | 1.01 | 21.69 | 29.49 | 89.80 | -10.08 | -10.36 | 90.39 | -17.59 | -22.32 | 128.96 | -26.36 | -20.87 | 51.23 | 48.79 | -4.33 |
| 20Q4 (8) | 0.91 | 37.88 | -20.87 | 0.83 | -6.74 | 5.06 | 99.87 | -27.77 | 25.75 | 109.68 | 6.75 | -4.51 | 175.12 | -11.4 | 17.59 | 34.43 | -20.6 | -24.1 |
| 20Q3 (7) | 0.66 | -50.75 | -32.65 | 0.89 | -45.4 | 9.88 | 138.26 | 103.0 | 49.5 | 102.74 | 84.15 | -8.2 | 197.65 | 101.56 | 27.55 | 43.36 | 67.8 | -12.28 |
| 20Q2 (6) | 1.34 | 47.25 | -27.17 | 1.63 | 108.97 | 7.95 | 68.11 | -32.01 | 37.51 | 55.79 | -52.05 | -7.36 | 98.06 | -39.83 | 29.49 | 25.84 | -51.75 | -24.02 |
| 20Q1 (5) | 0.91 | -20.87 | -27.78 | 0.78 | -1.27 | -16.13 | 100.18 | 26.14 | 38.26 | 116.36 | 1.31 | 18.29 | 162.98 | 9.44 | 61.4 | 53.55 | 18.06 | -23.32 |
| 19Q4 (4) | 1.15 | 17.35 | 0.0 | 0.79 | -2.47 | 0.0 | 79.42 | -14.12 | 0.0 | 114.86 | 2.63 | 0.0 | 148.92 | -3.9 | 0.0 | 45.36 | -8.23 | 0.0 |
| 19Q3 (3) | 0.98 | -46.74 | 0.0 | 0.81 | -46.36 | 0.0 | 92.48 | 86.72 | 0.0 | 111.92 | 85.85 | 0.0 | 154.96 | 104.62 | 0.0 | 49.43 | 45.34 | 0.0 |
| 19Q2 (2) | 1.84 | 46.03 | 0.0 | 1.51 | 62.37 | 0.0 | 49.53 | -31.65 | 0.0 | 60.22 | -38.78 | 0.0 | 75.73 | -25.0 | 0.0 | 34.01 | -51.3 | 0.0 |
| 19Q1 (1) | 1.26 | 0.0 | 0.0 | 0.93 | 0.0 | 0.0 | 72.46 | 0.0 | 0.0 | 98.37 | 0.0 | 0.0 | 100.98 | 0.0 | 0.0 | 69.84 | 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) | 5.16 | 18.89 | 3.04 | -4.7 | 70.75 | -15.9 | 120.21 | 5.01 | 170.60 | 0.76 | 20.37 | -30.45 |
| 2022 (9) | 4.34 | -0.23 | 3.19 | -14.71 | 84.13 | 0.21 | 114.48 | 17.36 | 169.32 | 18.65 | 29.29 | -24.47 |
| 2021 (8) | 4.35 | -7.05 | 3.74 | 2.75 | 83.95 | 7.57 | 97.55 | -2.79 | 142.71 | 3.99 | 38.78 | -5.81 |
| 2020 (7) | 4.68 | -19.03 | 3.64 | -6.19 | 78.04 | 23.54 | 100.35 | 6.78 | 137.23 | 27.24 | 41.17 | -16.49 |
| 2019 (6) | 5.78 | -14.12 | 3.88 | 1.57 | 63.17 | 16.44 | 93.98 | -1.6 | 107.85 | 24.58 | 49.30 | -21.99 |
| 2018 (5) | 6.73 | -2.46 | 3.82 | 12.68 | 54.25 | 2.49 | 95.51 | -11.36 | 86.57 | -13.03 | 63.20 | 3.37 |
| 2017 (4) | 6.90 | -5.22 | 3.39 | -5.57 | 52.93 | 5.54 | 107.75 | 5.95 | 99.54 | 13.59 | 61.14 | -4.8 |
| 2016 (3) | 7.28 | 23.6 | 3.59 | 10.8 | 50.15 | -19.03 | 101.70 | -9.83 | 87.63 | 4.58 | 64.22 | -29.38 |
| 2015 (2) | 5.89 | 9.89 | 3.24 | -9.75 | 61.94 | -8.99 | 112.79 | 10.88 | 83.79 | 0.99 | 90.94 | 4.76 |
| 2014 (1) | 5.36 | -20.71 | 3.59 | -16.12 | 68.06 | 26.01 | 101.72 | 19.24 | 82.97 | 13.89 | 86.81 | 30.62 |
