- 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) | 1.56 | 26.83 | 92.59 | 1.08 | 31.71 | -13.6 | 58.48 | -21.09 | -47.65 | 84.25 | -23.88 | 16.06 | 22.41 | -19.36 | -25.97 | 120.32 | -23.36 | -21.88 |
| 23Q3 (19) | 1.23 | 17.14 | 53.75 | 0.82 | -1.2 | -34.4 | 74.11 | -14.44 | -34.54 | 110.68 | 0.59 | 51.6 | 27.79 | 24.34 | -16.09 | 157.00 | -9.93 | 2.55 |
| 23Q2 (18) | 1.05 | 12.9 | 6.06 | 0.83 | -18.63 | -32.52 | 86.62 | -11.63 | -5.96 | 110.03 | 23.01 | 48.95 | 22.35 | 15.03 | 18.5 | 174.30 | 3.73 | 18.47 |
| 23Q1 (17) | 0.93 | 14.81 | -12.26 | 1.02 | -18.4 | -12.07 | 98.02 | -12.25 | 14.51 | 89.45 | 23.23 | 14.14 | 19.43 | -35.81 | 69.1 | 168.03 | 9.1 | 10.2 |
| 22Q4 (16) | 0.81 | 1.25 | -36.22 | 1.25 | 0.0 | -24.7 | 111.70 | -1.33 | 55.57 | 72.59 | -0.58 | 32.03 | 30.27 | -8.61 | 96.05 | 154.02 | 0.61 | 38.33 |
| 22Q3 (15) | 0.80 | -19.19 | -6.98 | 1.25 | 1.63 | 7.76 | 113.21 | 22.91 | 6.86 | 73.01 | -1.16 | -7.11 | 33.12 | 75.61 | 78.83 | 153.09 | 4.06 | -7.79 |
| 22Q2 (14) | 0.99 | -6.6 | 12.5 | 1.23 | 6.03 | 1.65 | 92.11 | 7.61 | -11.39 | 73.87 | -5.74 | -2.17 | 18.86 | 64.14 | 26.75 | 147.12 | -3.52 | -10.61 |
| 22Q1 (13) | 1.06 | -16.54 | 17.78 | 1.16 | -30.12 | 0.0 | 85.60 | 19.22 | -15.21 | 78.37 | 42.54 | -0.36 | 11.49 | -25.58 | -22.99 | 152.48 | 36.95 | -7.41 |
| 21Q4 (12) | 1.27 | 47.67 | 27.0 | 1.66 | 43.1 | 27.69 | 71.80 | -32.23 | -21.11 | 54.98 | -30.05 | -21.34 | 15.44 | -16.63 | 70.99 | 111.34 | -32.94 | -26.7 |
| 21Q3 (11) | 0.86 | -2.27 | -21.82 | 1.16 | -4.13 | -23.18 | 105.94 | 1.91 | 28.04 | 78.60 | 4.09 | 30.2 | 18.52 | 24.46 | 122.33 | 166.03 | 0.88 | 23.18 |
| 21Q2 (10) | 0.88 | -2.22 | 18.92 | 1.21 | 4.31 | 11.01 | 103.95 | 2.96 | -15.05 | 75.51 | -3.99 | -9.2 | 14.88 | -0.27 | 92.0 | 164.58 | -0.07 | -16.79 |
| 21Q1 (9) | 0.90 | -10.0 | 15.38 | 1.16 | -10.77 | 0.87 | 100.96 | 10.93 | -13.77 | 78.65 | 12.52 | -0.71 | 14.92 | 65.23 | 70.51 | 164.69 | 8.43 | -12.18 |
| 20Q4 (8) | 1.00 | -9.09 | 35.14 | 1.30 | -13.91 | 17.12 | 91.01 | 10.0 | -25.82 | 69.90 | 15.79 | -14.41 | 9.03 | 8.4 | -4.75 | 151.89 | 12.69 | -22.06 |
| 20Q3 (7) | 1.10 | 48.65 | 92.98 | 1.51 | 38.53 | 62.37 | 82.74 | -32.39 | -48.18 | 60.37 | -27.41 | -38.45 | 8.33 | 7.48 | -24.34 | 134.79 | -31.85 | -45.37 |
| 20Q2 (6) | 0.74 | -5.13 | 21.31 | 1.09 | -5.22 | -3.54 | 122.37 | 4.52 | -18.23 | 83.16 | 4.99 | 2.83 | 7.75 | -11.43 | -11.93 | 197.78 | 5.46 | -10.8 |
| 20Q1 (5) | 0.78 | 5.41 | 20.0 | 1.15 | 3.6 | 0.0 | 117.08 | -4.56 | -16.41 | 79.21 | -3.01 | 0.04 | 8.75 | -7.7 | -13.96 | 187.54 | -3.76 | -10.3 |
| 19Q4 (4) | 0.74 | 29.82 | 0.0 | 1.11 | 19.35 | 0.0 | 122.68 | -23.16 | 0.0 | 81.67 | -16.74 | 0.0 | 9.48 | -13.9 | 0.0 | 194.87 | -21.02 | 0.0 |
| 19Q3 (3) | 0.57 | -6.56 | 0.0 | 0.93 | -17.7 | 0.0 | 159.66 | 6.69 | 0.0 | 98.09 | 21.29 | 0.0 | 11.01 | 25.11 | 0.0 | 246.74 | 11.28 | 0.0 |
| 19Q2 (2) | 0.61 | -6.15 | 0.0 | 1.13 | -1.74 | 0.0 | 149.65 | 6.85 | 0.0 | 80.87 | 2.13 | 0.0 | 8.80 | -13.47 | 0.0 | 221.72 | 6.05 | 0.0 |
| 19Q1 (1) | 0.65 | 0.0 | 0.0 | 1.15 | 0.0 | 0.0 | 140.06 | 0.0 | 0.0 | 79.18 | 0.0 | 0.0 | 10.17 | 0.0 | 0.0 | 209.07 | 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) | 3.22 | -26.82 | 3.20 | -34.96 | 113.49 | 36.87 | 114.05 | 53.83 | 32.00 | 116.95 | 195.55 | 37.41 |
| 2022 (9) | 4.40 | 9.18 | 4.92 | 3.58 | 82.92 | -8.36 | 74.14 | -3.55 | 14.75 | 87.42 | 142.31 | -10.77 |
| 2021 (8) | 4.03 | 11.33 | 4.75 | -2.86 | 90.48 | -10.22 | 76.87 | 3.04 | 7.87 | 6.06 | 159.48 | -5.05 |
| 2020 (7) | 3.62 | 25.69 | 4.89 | 5.16 | 100.78 | -20.47 | 74.60 | -4.92 | 7.42 | -31.99 | 167.97 | -13.53 |
| 2019 (6) | 2.88 | 20.0 | 4.65 | 10.19 | 126.72 | -16.58 | 78.46 | -9.28 | 10.91 | -40.25 | 194.26 | -11.76 |
| 2018 (5) | 2.40 | -20.79 | 4.22 | 1.2 | 151.91 | 26.18 | 86.49 | -1.28 | 18.26 | -2.67 | 220.14 | 16.33 |
| 2017 (4) | 3.03 | -14.65 | 4.17 | -14.9 | 120.39 | 17.18 | 87.61 | 17.5 | 18.76 | 22.21 | 189.24 | 16.85 |
| 2016 (3) | 3.55 | -7.07 | 4.90 | -9.09 | 102.74 | 7.66 | 74.56 | 10.17 | 15.35 | 0.07 | 161.95 | 9.6 |
| 2015 (2) | 3.82 | -9.91 | 5.39 | -12.78 | 95.43 | 10.98 | 67.68 | 14.54 | 15.34 | -37.67 | 147.77 | 22.66 |
| 2014 (1) | 4.24 | -0.7 | 6.18 | -17.27 | 85.99 | 0.62 | 59.09 | 20.89 | 24.61 | -29.63 | 120.47 | 21.22 |
