- 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) | 2.50 | -27.95 | -16.94 | 0.76 | 5.56 | 46.15 | 36.34 | 38.49 | 20.01 | 119.08 | -5.54 | -32.04 | 19.06 | -33.33 | -33.8 | 136.35 | 10.23 | -22.84 |
| 23Q3 (19) | 3.47 | 22.18 | -28.6 | 0.72 | 20.0 | -20.0 | 26.24 | -18.18 | 40.1 | 126.06 | -17.4 | 24.43 | 28.59 | -8.42 | 166.7 | 123.70 | -19.4 | 13.16 |
| 23Q2 (18) | 2.84 | 5.97 | -0.35 | 0.60 | 22.45 | 0.0 | 32.07 | -5.43 | 0.41 | 152.62 | -17.82 | 0.01 | 31.22 | -6.22 | 158.02 | 153.48 | -17.63 | -11.0 |
| 23Q1 (17) | 2.68 | -10.96 | 8.5 | 0.49 | -5.77 | -24.62 | 33.91 | 11.99 | -7.8 | 185.72 | 5.99 | 31.74 | 33.29 | 15.63 | 138.3 | 186.34 | 5.45 | 13.78 |
| 22Q4 (16) | 3.01 | -38.07 | 5.61 | 0.52 | -42.22 | -25.71 | 30.28 | 61.67 | -5.17 | 175.22 | 72.95 | 35.43 | 28.79 | 168.56 | 41.27 | 176.71 | 61.66 | 25.39 |
| 22Q3 (15) | 4.86 | 70.53 | 45.95 | 0.90 | 50.0 | 45.16 | 18.73 | -41.36 | -31.52 | 101.31 | -33.61 | -31.2 | 10.72 | -11.4 | -67.29 | 109.31 | -36.61 | -22.94 |
| 22Q2 (14) | 2.85 | 15.38 | 10.47 | 0.60 | -7.69 | -14.29 | 31.94 | -13.16 | -9.57 | 152.60 | 8.25 | 17.65 | 12.10 | -13.39 | -71.32 | 172.44 | 5.29 | 40.38 |
| 22Q1 (13) | 2.47 | -13.33 | -29.02 | 0.65 | -7.14 | -42.98 | 36.78 | 15.19 | 40.7 | 140.97 | 8.96 | 76.04 | 13.97 | -31.45 | -63.05 | 163.77 | 16.21 | 139.43 |
| 21Q4 (12) | 2.85 | -14.41 | -1.72 | 0.70 | 12.9 | -51.39 | 31.93 | 16.75 | 1.59 | 129.38 | -12.14 | 104.49 | 20.38 | -37.81 | -56.28 | 140.93 | -0.65 | 193.12 |
| 21Q3 (11) | 3.33 | 29.07 | -10.0 | 0.62 | -11.43 | -66.67 | 27.35 | -22.57 | 11.36 | 147.26 | 13.53 | 201.39 | 32.77 | -22.33 | -9.58 | 141.85 | 15.48 | 281.52 |
| 21Q2 (10) | 2.58 | -25.86 | -25.86 | 0.70 | -38.6 | -44.44 | 35.32 | 35.12 | 35.07 | 129.71 | 61.98 | 79.98 | 42.19 | 11.58 | 36.01 | 122.84 | 79.59 | 82.8 |
| 21Q1 (9) | 3.48 | 20.0 | 0.58 | 1.14 | -20.83 | -3.39 | 26.14 | -16.83 | -0.53 | 80.08 | 26.57 | 4.27 | 37.81 | -18.9 | -7.51 | 68.40 | 42.26 | 9.95 |
| 20Q4 (8) | 2.90 | -21.62 | 0.35 | 1.44 | -22.58 | -7.1 | 31.43 | 27.97 | -0.06 | 63.27 | 29.49 | 7.75 | 46.62 | 28.64 | 3.44 | 48.08 | 29.32 | 6.61 |
| 20Q3 (7) | 3.70 | 6.32 | 29.82 | 1.86 | 47.62 | 1.64 | 24.56 | -6.08 | -23.15 | 48.86 | -32.2 | -1.85 | 36.24 | 16.83 | -6.57 | 37.18 | -44.67 | -13.41 |
| 20Q2 (6) | 3.48 | 0.58 | 22.54 | 1.26 | 6.78 | -17.65 | 26.15 | -0.49 | -18.49 | 72.07 | -6.16 | 21.27 | 31.02 | -24.12 | -23.48 | 67.20 | 8.02 | 31.84 |
| 20Q1 (5) | 3.46 | 19.72 | 67.96 | 1.18 | -23.87 | -20.81 | 26.28 | -16.44 | -40.41 | 76.80 | 30.79 | 26.03 | 40.88 | -9.3 | -19.53 | 62.21 | 37.94 | 14.69 |
| 19Q4 (4) | 2.89 | 1.4 | 0.0 | 1.55 | -15.3 | 0.0 | 31.45 | -1.6 | 0.0 | 58.72 | 17.96 | 0.0 | 45.07 | 16.19 | 0.0 | 45.10 | 5.03 | 0.0 |
| 19Q3 (3) | 2.85 | 0.35 | 0.0 | 1.83 | 19.61 | 0.0 | 31.96 | -0.37 | 0.0 | 49.78 | -16.24 | 0.0 | 38.79 | -4.32 | 0.0 | 42.94 | -15.75 | 0.0 |
| 19Q2 (2) | 2.84 | 37.86 | 0.0 | 1.53 | 2.68 | 0.0 | 32.08 | -27.26 | 0.0 | 59.43 | -2.48 | 0.0 | 40.54 | -20.2 | 0.0 | 50.97 | -6.03 | 0.0 |
| 19Q1 (1) | 2.06 | 0.0 | 0.0 | 1.49 | 0.0 | 0.0 | 44.10 | 0.0 | 0.0 | 60.94 | 0.0 | 0.0 | 50.80 | 0.0 | 0.0 | 54.24 | 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) | 10.66 | -5.08 | 2.47 | -3.89 | 34.24 | 5.39 | 147.81 | 4.17 | 25.22 | 15.48 | 156.82 | 2.81 |
| 2022 (9) | 11.23 | 4.66 | 2.57 | -24.19 | 32.49 | -4.53 | 141.89 | 31.73 | 21.84 | -34.49 | 152.53 | 40.7 |
| 2021 (8) | 10.73 | -23.41 | 3.39 | -27.41 | 34.03 | 30.63 | 107.71 | 37.82 | 33.34 | -27.24 | 108.41 | 85.73 |
| 2020 (7) | 14.01 | 31.67 | 4.67 | -18.5 | 26.05 | -24.07 | 78.15 | 22.74 | 45.82 | -4.1 | 58.37 | 16.27 |
| 2019 (6) | 10.64 | 6.29 | 5.73 | -19.64 | 34.31 | -5.92 | 63.67 | 24.31 | 47.78 | 8.91 | 50.20 | 14.53 |
| 2018 (5) | 10.01 | 22.52 | 7.13 | 28.7 | 36.47 | -18.32 | 51.22 | -22.29 | 43.87 | -26.33 | 43.83 | -14.08 |
| 2017 (4) | 8.17 | 15.07 | 5.54 | 9.06 | 44.65 | -13.17 | 65.91 | -8.28 | 59.55 | -5.11 | 51.01 | -15.71 |
| 2016 (3) | 7.10 | 11.29 | 5.08 | 16.51 | 51.42 | -10.14 | 71.86 | -14.17 | 62.76 | -9.93 | 60.52 | -15.07 |
| 2015 (2) | 6.38 | 9.06 | 4.36 | -6.24 | 57.22 | -8.29 | 83.72 | 6.66 | 69.68 | -0.19 | 71.26 | 0.27 |
| 2014 (1) | 5.85 | -3.94 | 4.65 | -9.0 | 62.39 | 4.1 | 78.49 | 9.82 | 69.81 | 17.17 | 71.07 | -1.03 |
