- 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) | 5.08 | 46.4 | 58.75 | 0.64 | 18.52 | -1.54 | 17.90 | -31.68 | -36.99 | 141.57 | -16.5 | 1.85 | 56.48 | -24.87 | -14.68 | 102.99 | -14.57 | 1.76 |
| 23Q3 (19) | 3.47 | -0.86 | 20.49 | 0.54 | -5.26 | -5.26 | 26.20 | 0.69 | -16.96 | 169.54 | 6.27 | 5.9 | 75.18 | -8.68 | -7.57 | 120.56 | 16.8 | 9.3 |
| 23Q2 (18) | 3.50 | 10.76 | 16.67 | 0.57 | -5.0 | -9.52 | 26.02 | -9.72 | -14.3 | 159.53 | 5.99 | 11.02 | 82.33 | 9.6 | 15.79 | 103.22 | -0.95 | 0.25 |
| 23Q1 (17) | 3.16 | -1.25 | 21.07 | 0.60 | -7.69 | 0.0 | 28.82 | 1.44 | -17.23 | 150.51 | 8.28 | -0.39 | 75.12 | 13.47 | 15.25 | 104.21 | 2.96 | -13.69 |
| 22Q4 (16) | 3.20 | 11.11 | -8.83 | 0.65 | 14.04 | 6.56 | 28.41 | -9.95 | 9.69 | 139.00 | -13.17 | -6.82 | 66.20 | -18.61 | 2.03 | 101.21 | -8.24 | -8.15 |
| 22Q3 (15) | 2.88 | -4.0 | -35.57 | 0.57 | -9.52 | -17.39 | 31.55 | 3.92 | 55.04 | 160.09 | 11.41 | 20.56 | 81.34 | 14.4 | 9.73 | 110.30 | 7.13 | 39.6 |
| 22Q2 (14) | 3.00 | 14.94 | -22.48 | 0.63 | 5.0 | -3.08 | 30.36 | -12.81 | 28.97 | 143.70 | -4.9 | 3.05 | 71.10 | 9.08 | -9.52 | 102.96 | -14.73 | 21.99 |
| 22Q1 (13) | 2.61 | -25.64 | -14.43 | 0.60 | -1.64 | 3.45 | 34.82 | 34.44 | 16.61 | 151.10 | 1.29 | -3.02 | 65.18 | 0.46 | -25.9 | 120.74 | 9.57 | 23.58 |
| 21Q4 (12) | 3.51 | -21.48 | -16.63 | 0.61 | -11.59 | -28.24 | 25.90 | 27.27 | 19.85 | 149.17 | 12.34 | 39.74 | 64.88 | -12.48 | 2.79 | 110.19 | 39.46 | 68.9 |
| 21Q3 (11) | 4.47 | 15.5 | 5.67 | 0.69 | 6.15 | -5.48 | 20.35 | -13.55 | -5.39 | 132.79 | -4.78 | 6.5 | 74.13 | -5.66 | 23.88 | 79.01 | -6.39 | -8.52 |
| 21Q2 (10) | 3.87 | 26.89 | 59.26 | 0.65 | 12.07 | 16.07 | 23.54 | -21.17 | -37.11 | 139.45 | -10.49 | -14.14 | 78.58 | -10.66 | 14.46 | 84.40 | -13.61 | -35.67 |
| 21Q1 (9) | 3.05 | -27.55 | 55.61 | 0.58 | -31.76 | 0.0 | 29.86 | 38.18 | -35.83 | 155.80 | 45.95 | -1.07 | 87.96 | 39.35 | 5.0 | 97.70 | 49.75 | -18.75 |
| 20Q4 (8) | 4.21 | -0.47 | 46.18 | 0.85 | 16.44 | 2.41 | 21.61 | 0.46 | -31.68 | 106.75 | -14.39 | -2.57 | 63.12 | 5.48 | -0.47 | 65.24 | -24.46 | -16.12 |
| 20Q3 (7) | 4.23 | 74.07 | 64.59 | 0.73 | 30.36 | 12.31 | 21.51 | -42.53 | -39.24 | 124.69 | -23.23 | -10.92 | 59.84 | -12.83 | -11.35 | 86.37 | -34.17 | -19.93 |
| 20Q2 (6) | 2.43 | 23.98 | 26.56 | 0.56 | -3.45 | 9.8 | 37.43 | -19.56 | -21.2 | 162.42 | 3.14 | -8.83 | 68.65 | -18.05 | -17.94 | 131.20 | 9.12 | -7.61 |
| 20Q1 (5) | 1.96 | -31.94 | 10.73 | 0.58 | -30.12 | -1.69 | 46.53 | 47.11 | -9.47 | 157.48 | 43.73 | 1.27 | 83.77 | 32.09 | 9.15 | 120.24 | 54.59 | -7.61 |
| 19Q4 (4) | 2.88 | 12.06 | 0.0 | 0.83 | 27.69 | 0.0 | 31.63 | -10.65 | 0.0 | 109.57 | -21.72 | 0.0 | 63.42 | -6.04 | 0.0 | 77.78 | -27.89 | 0.0 |
| 19Q3 (3) | 2.57 | 33.85 | 0.0 | 0.65 | 27.45 | 0.0 | 35.40 | -25.47 | 0.0 | 139.97 | -21.44 | 0.0 | 67.50 | -19.32 | 0.0 | 107.87 | -24.04 | 0.0 |
| 19Q2 (2) | 1.92 | 8.47 | 0.0 | 0.51 | -13.56 | 0.0 | 47.50 | -7.59 | 0.0 | 178.16 | 14.57 | 0.0 | 83.66 | 9.0 | 0.0 | 142.00 | 9.1 | 0.0 |
| 19Q1 (1) | 1.77 | 0.0 | 0.0 | 0.59 | 0.0 | 0.0 | 51.40 | 0.0 | 0.0 | 155.50 | 0.0 | 0.0 | 76.75 | 0.0 | 0.0 | 130.15 | 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) | 15.07 | 30.36 | 2.65 | -2.57 | 24.22 | -23.26 | 137.48 | 2.33 | 56.15 | 5.23 | 105.55 | -6.22 |
| 2022 (9) | 11.56 | -10.53 | 2.72 | -6.21 | 31.56 | 11.68 | 134.35 | 6.69 | 53.36 | -13.55 | 112.55 | 21.73 |
| 2021 (8) | 12.92 | 11.09 | 2.90 | -1.02 | 28.26 | -9.91 | 125.93 | 1.09 | 61.72 | -21.17 | 92.46 | 19.09 |
| 2020 (7) | 11.63 | 37.96 | 2.93 | 5.4 | 31.37 | -27.57 | 124.57 | -5.2 | 78.30 | 8.37 | 77.64 | -24.22 |
| 2019 (6) | 8.43 | -12.0 | 2.78 | -11.75 | 43.31 | 13.61 | 131.40 | 13.46 | 72.25 | 27.67 | 102.46 | 5.27 |
| 2018 (5) | 9.58 | 33.24 | 3.15 | 32.35 | 38.12 | -24.86 | 115.81 | -24.48 | 56.59 | -13.66 | 97.33 | -29.74 |
| 2017 (4) | 7.19 | -23.02 | 2.38 | -15.6 | 50.73 | 29.78 | 153.34 | 18.36 | 65.54 | 12.55 | 138.53 | 25.47 |
| 2016 (3) | 9.34 | 2.75 | 2.82 | 20.51 | 39.09 | -2.66 | 129.55 | -17.03 | 58.23 | -6.44 | 110.41 | -17.64 |
| 2015 (2) | 9.09 | -3.3 | 2.34 | -1.68 | 40.16 | 3.43 | 156.15 | 1.76 | 62.24 | 36.7 | 134.06 | -8.65 |
| 2014 (1) | 9.40 | 12.17 | 2.38 | -14.08 | 38.83 | -10.86 | 153.45 | 16.57 | 45.53 | -10.13 | 146.76 | 17.84 |
