- 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) | 1.02 | -3.77 | 30.77 | 0.83 | -4.6 | 15.28 | 89.36 | 3.8 | -22.96 | 108.99 | 4.16 | -14.0 | 52.20 | 21.2 | -2.76 | 146.15 | -1.02 | -22.68 |
| 23Q3 (19) | 1.06 | 15.22 | 39.47 | 0.87 | 16.0 | 20.83 | 86.09 | -13.34 | -27.96 | 104.64 | -14.21 | -16.78 | 43.07 | 1.13 | -32.66 | 147.66 | -17.38 | -18.55 |
| 23Q2 (18) | 0.92 | 9.52 | 8.24 | 0.75 | 11.94 | -5.06 | 99.34 | -8.1 | -6.95 | 121.97 | -9.91 | 5.24 | 42.59 | -11.53 | -28.98 | 178.72 | -8.5 | 9.86 |
| 23Q1 (17) | 0.84 | 7.69 | -1.18 | 0.67 | -6.94 | -20.24 | 108.09 | -6.81 | 0.66 | 135.38 | 6.83 | 25.11 | 48.14 | -10.32 | -9.49 | 195.33 | 3.33 | 20.28 |
| 22Q4 (16) | 0.78 | 2.63 | -16.13 | 0.72 | 0.0 | -25.0 | 115.99 | -2.95 | 18.85 | 126.73 | 0.79 | 33.65 | 53.68 | -16.07 | 13.75 | 189.03 | 4.27 | 30.17 |
| 22Q3 (15) | 0.76 | -10.59 | -14.61 | 0.72 | -8.86 | -19.1 | 119.51 | 11.94 | 16.72 | 125.74 | 8.49 | 23.43 | 63.96 | 6.65 | 19.06 | 181.29 | 11.44 | 20.43 |
| 22Q2 (14) | 0.85 | 0.0 | -24.78 | 0.79 | -5.95 | -30.7 | 106.76 | -0.58 | 32.98 | 115.90 | 7.11 | 44.69 | 59.97 | 12.75 | 48.26 | 162.68 | 0.17 | 35.66 |
| 22Q1 (13) | 0.85 | -8.6 | -11.46 | 0.84 | -12.5 | -8.7 | 107.38 | 10.03 | 13.5 | 108.21 | 14.12 | 9.46 | 53.19 | 12.71 | 16.24 | 162.40 | 11.83 | 9.95 |
| 21Q4 (12) | 0.93 | 4.49 | -14.68 | 0.96 | 7.87 | -5.88 | 97.59 | -4.69 | 17.35 | 94.82 | -6.92 | 6.28 | 47.19 | -12.16 | 21.75 | 145.22 | -3.53 | 8.68 |
| 21Q3 (11) | 0.89 | -21.24 | -15.24 | 0.89 | -21.93 | -2.2 | 102.39 | 27.54 | 18.03 | 101.87 | 27.18 | 2.36 | 53.72 | 32.81 | 51.11 | 150.54 | 25.53 | -0.12 |
| 21Q2 (10) | 1.13 | 17.71 | 88.33 | 1.14 | 23.91 | 86.89 | 80.28 | -15.15 | -47.05 | 80.10 | -18.98 | -46.0 | 40.45 | -11.6 | -24.41 | 119.92 | -18.81 | -51.34 |
| 21Q1 (9) | 0.96 | -11.93 | 54.84 | 0.92 | -9.8 | 33.33 | 94.61 | 13.77 | -35.39 | 98.86 | 10.8 | -25.28 | 45.76 | 18.06 | -17.55 | 147.71 | 10.54 | -33.83 |
| 20Q4 (8) | 1.09 | 3.81 | 17.2 | 1.02 | 12.09 | 0.0 | 83.16 | -4.14 | -14.64 | 89.22 | -10.35 | 0.39 | 38.76 | 9.03 | 3.33 | 133.62 | -11.35 | -10.2 |
| 20Q3 (7) | 1.05 | 75.0 | 17.98 | 0.91 | 49.18 | -1.09 | 86.75 | -42.78 | -15.6 | 99.52 | -32.91 | 1.1 | 35.55 | -33.56 | -17.71 | 150.72 | -38.84 | -4.63 |
| 20Q2 (6) | 0.60 | -3.23 | -31.03 | 0.61 | -11.59 | -34.41 | 151.62 | 3.54 | 45.62 | 148.33 | 12.12 | 50.77 | 53.51 | -3.59 | 21.34 | 246.44 | 10.39 | 55.58 |
| 20Q1 (5) | 0.62 | -33.33 | -13.89 | 0.69 | -32.35 | -13.75 | 146.43 | 50.31 | 15.83 | 132.30 | 48.87 | 16.71 | 55.50 | 47.96 | -0.56 | 223.24 | 50.04 | 21.35 |
| 19Q4 (4) | 0.93 | 4.49 | 0.0 | 1.02 | 10.87 | 0.0 | 97.42 | -5.22 | 0.0 | 88.87 | -9.72 | 0.0 | 37.51 | -13.17 | 0.0 | 148.79 | -5.85 | 0.0 |
| 19Q3 (3) | 0.89 | 2.3 | 0.0 | 0.92 | -1.08 | 0.0 | 102.78 | -1.29 | 0.0 | 98.44 | 0.06 | 0.0 | 43.20 | -2.04 | 0.0 | 158.03 | -0.23 | 0.0 |
| 19Q2 (2) | 0.87 | 20.83 | 0.0 | 0.93 | 16.25 | 0.0 | 104.12 | -17.64 | 0.0 | 98.38 | -13.21 | 0.0 | 44.10 | -20.98 | 0.0 | 158.40 | -13.9 | 0.0 |
| 19Q1 (1) | 0.72 | 0.0 | 0.0 | 0.80 | 0.0 | 0.0 | 126.42 | 0.0 | 0.0 | 113.36 | 0.0 | 0.0 | 55.81 | 0.0 | 0.0 | 183.97 | 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) | 3.58 | 1.99 | 3.06 | -14.76 | 101.86 | -2.12 | 119.20 | 17.15 | 46.89 | 13.45 | 174.16 | 5.89 |
| 2022 (9) | 3.51 | -8.12 | 3.59 | -10.92 | 104.07 | 8.83 | 101.75 | 12.23 | 41.33 | -0.46 | 164.48 | 13.61 |
| 2021 (8) | 3.82 | 30.82 | 4.03 | 29.17 | 95.63 | -23.39 | 90.66 | -22.56 | 41.52 | -17.98 | 144.77 | -24.31 |
| 2020 (7) | 2.92 | -11.52 | 3.12 | -20.0 | 124.82 | 12.78 | 117.07 | 25.2 | 50.62 | 11.72 | 191.26 | 20.37 |
| 2019 (6) | 3.30 | -9.09 | 3.90 | -17.89 | 110.68 | 10.1 | 93.51 | 21.63 | 45.31 | 5.05 | 158.89 | 18.33 |
| 2018 (5) | 3.63 | -1.63 | 4.75 | 3.49 | 100.53 | 1.74 | 76.88 | -3.22 | 43.13 | -6.32 | 134.28 | 1.57 |
| 2017 (4) | 3.69 | 3.36 | 4.59 | 3.38 | 98.81 | -3.49 | 79.44 | -3.45 | 46.04 | 4.61 | 132.21 | -6.0 |
| 2016 (3) | 3.57 | 17.43 | 4.44 | 5.71 | 102.38 | -14.66 | 82.28 | -5.32 | 44.01 | -10.09 | 140.65 | -10.93 |
| 2015 (2) | 3.04 | -4.1 | 4.20 | -23.22 | 119.97 | 4.28 | 86.90 | 30.23 | 48.95 | -5.45 | 157.91 | 21.46 |
| 2014 (1) | 3.17 | 0.32 | 5.47 | -11.2 | 115.05 | -0.42 | 66.73 | 12.62 | 51.77 | -15.79 | 130.01 | 14.74 |
