- 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) | 2.99 | -22.34 | -9.94 | 0.87 | -6.45 | -42.76 | 30.43 | 28.89 | 11.1 | 104.61 | 6.83 | 74.96 | 42.44 | 17.95 | 216.72 | 92.60 | 8.24 | 25.51 |
| 23Q3 (19) | 3.85 | -14.06 | 146.79 | 0.93 | 6.9 | -21.85 | 23.61 | 16.25 | -59.52 | 97.92 | -6.78 | 27.62 | 35.98 | 22.76 | 82.64 | 85.55 | -10.93 | -25.83 |
| 23Q2 (18) | 4.48 | 1.82 | 161.99 | 0.87 | -20.18 | -44.23 | 20.31 | -1.74 | -61.94 | 105.04 | 26.08 | 79.77 | 29.31 | 42.7 | 30.56 | 96.05 | 15.11 | 7.51 |
| 23Q1 (17) | 4.40 | 32.53 | 93.83 | 1.09 | -28.29 | -45.23 | 20.67 | -24.53 | -48.48 | 83.31 | 39.34 | 82.62 | 20.54 | 53.28 | 11.21 | 83.44 | 13.09 | 24.04 |
| 22Q4 (16) | 3.32 | 112.82 | 22.06 | 1.52 | 27.73 | -7.32 | 27.39 | -53.03 | -18.09 | 59.79 | -22.08 | 8.0 | 13.40 | -31.98 | -40.26 | 73.78 | -36.03 | 11.16 |
| 22Q3 (15) | 1.56 | -8.77 | -54.52 | 1.19 | -23.72 | -36.02 | 58.32 | 9.3 | 120.08 | 76.73 | 31.32 | 57.04 | 19.70 | -12.25 | -14.01 | 115.34 | 29.1 | 119.9 |
| 22Q2 (14) | 1.71 | -24.67 | -51.83 | 1.56 | -21.61 | -17.46 | 53.36 | 33.0 | 108.36 | 58.43 | 28.08 | 21.6 | 22.45 | 21.55 | -2.94 | 89.34 | 32.81 | 76.81 |
| 22Q1 (13) | 2.27 | -16.54 | -36.41 | 1.99 | 21.34 | 10.56 | 40.12 | 19.98 | 57.46 | 45.62 | -17.59 | -9.57 | 18.47 | -17.65 | -37.5 | 67.27 | 1.36 | 45.04 |
| 21Q4 (12) | 2.72 | -20.7 | -39.29 | 1.64 | -11.83 | -31.38 | 33.44 | 26.19 | 64.57 | 55.36 | 13.3 | 45.15 | 22.43 | -2.1 | -0.4 | 66.37 | 26.54 | 84.67 |
| 21Q3 (11) | 3.43 | -3.38 | -39.61 | 1.86 | -1.59 | -34.28 | 26.50 | 3.48 | 65.42 | 48.86 | 1.69 | 52.12 | 22.91 | -0.95 | 41.68 | 52.45 | 3.8 | 64.01 |
| 21Q2 (10) | 3.55 | -0.56 | -39.83 | 1.89 | 5.0 | -40.75 | 25.61 | 0.51 | 65.98 | 48.05 | -4.76 | 68.42 | 23.13 | -21.73 | 31.27 | 50.53 | 8.95 | 91.84 |
| 21Q1 (9) | 3.57 | -20.31 | -21.54 | 1.80 | -24.69 | -34.78 | 25.48 | 25.39 | 27.27 | 50.45 | 32.28 | 53.16 | 29.55 | 31.22 | 23.54 | 46.38 | 29.05 | 59.71 |
| 20Q4 (8) | 4.48 | -21.13 | 1.36 | 2.39 | -15.55 | -27.79 | 20.32 | 26.84 | -1.22 | 38.14 | 18.74 | 38.59 | 22.52 | 39.27 | 7.19 | 35.94 | 12.38 | 32.77 |
| 20Q3 (7) | 5.68 | -3.73 | -7.94 | 2.83 | -11.29 | 1.43 | 16.02 | 3.82 | 8.68 | 32.12 | 12.58 | -1.44 | 16.17 | -8.23 | -11.45 | 31.98 | 21.41 | 10.01 |
| 20Q2 (6) | 5.90 | 29.67 | 77.71 | 3.19 | 15.58 | 95.71 | 15.43 | -22.93 | -43.75 | 28.53 | -13.39 | -48.75 | 17.62 | -26.34 | -37.67 | 26.34 | -9.3 | -51.96 |
| 20Q1 (5) | 4.55 | 2.94 | 25.69 | 2.76 | -16.62 | 27.78 | 20.02 | -2.67 | -20.46 | 32.94 | 19.69 | -21.68 | 23.92 | 13.85 | -22.31 | 29.04 | 7.28 | -20.31 |
| 19Q4 (4) | 4.42 | -28.36 | 0.0 | 3.31 | 18.64 | 0.0 | 20.57 | 39.55 | 0.0 | 27.52 | -15.56 | 0.0 | 21.01 | 15.06 | 0.0 | 27.07 | -6.88 | 0.0 |
| 19Q3 (3) | 6.17 | 85.84 | 0.0 | 2.79 | 71.17 | 0.0 | 14.74 | -46.26 | 0.0 | 32.59 | -41.46 | 0.0 | 18.26 | -35.41 | 0.0 | 29.07 | -46.98 | 0.0 |
| 19Q2 (2) | 3.32 | -8.29 | 0.0 | 1.63 | -24.54 | 0.0 | 27.43 | 8.98 | 0.0 | 55.67 | 32.36 | 0.0 | 28.27 | -8.18 | 0.0 | 54.83 | 50.47 | 0.0 |
| 19Q1 (1) | 3.62 | 0.0 | 0.0 | 2.16 | 0.0 | 0.0 | 25.17 | 0.0 | 0.0 | 42.06 | 0.0 | 0.0 | 30.79 | 0.0 | 0.0 | 36.44 | 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) | 15.44 | 18.59 | 4.20 | -29.88 | 23.64 | -15.69 | 86.92 | 42.68 | 28.22 | 57.21 | 82.34 | 15.97 |
| 2022 (9) | 13.02 | 10.43 | 5.99 | -16.46 | 28.04 | -9.43 | 60.92 | 19.66 | 17.95 | -34.89 | 71.00 | 30.76 |
| 2021 (8) | 11.79 | -41.81 | 7.17 | -43.98 | 30.96 | 71.9 | 50.91 | 78.51 | 27.57 | 30.11 | 54.30 | 114.2 |
| 2020 (7) | 20.26 | 34.89 | 12.80 | 14.18 | 18.01 | -25.85 | 28.52 | -12.38 | 21.19 | -18.37 | 25.35 | -17.93 |
| 2019 (6) | 15.02 | 32.33 | 11.21 | 31.42 | 24.29 | -24.47 | 32.55 | -23.93 | 25.96 | -12.45 | 30.89 | -31.8 |
| 2018 (5) | 11.35 | -25.91 | 8.53 | 18.97 | 32.16 | 34.96 | 42.79 | -15.97 | 29.65 | 28.47 | 45.29 | -12.35 |
| 2017 (4) | 15.32 | -48.28 | 7.17 | 33.02 | 23.83 | 93.43 | 50.92 | -24.81 | 23.08 | -18.45 | 51.67 | -0.14 |
| 2016 (3) | 29.62 | -54.72 | 5.39 | -37.11 | 12.32 | 120.79 | 67.72 | 59.08 | 28.30 | 13.11 | 51.74 | 123.69 |
| 2015 (2) | 65.41 | -29.23 | 8.57 | -15.73 | 5.58 | 41.27 | 42.57 | 18.55 | 25.02 | 5.04 | 23.13 | 44.29 |
| 2014 (1) | 92.43 | 42.18 | 10.17 | 4.85 | 3.95 | -29.59 | 35.91 | -4.62 | 23.82 | 5.07 | 16.03 | -22.15 |
