- 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) | 1.69 | 5.62 | 23.36 | 0.36 | 2.86 | 9.09 | 53.77 | -5.53 | -18.92 | 256.10 | -2.75 | -8.03 | 28.87 | -15.56 | -56.97 | 280.99 | -1.77 | 1.19 |
| 23Q3 (19) | 1.60 | -5.33 | 25.98 | 0.35 | 20.69 | -22.22 | 56.92 | 5.7 | -20.37 | 263.33 | -16.72 | 29.91 | 34.19 | -28.14 | -35.11 | 286.06 | -11.29 | 29.15 |
| 23Q2 (18) | 1.69 | 9.03 | 0.6 | 0.29 | 3.57 | -62.34 | 53.85 | -8.4 | -0.5 | 316.18 | -2.34 | 169.09 | 47.58 | -21.78 | 38.23 | 322.45 | 0.23 | 135.02 |
| 23Q1 (17) | 1.55 | 13.14 | -11.93 | 0.28 | -15.15 | -70.53 | 58.79 | -11.35 | 13.63 | 323.75 | 16.26 | 239.15 | 60.83 | -9.34 | 131.47 | 321.71 | 15.86 | 166.05 |
| 22Q4 (16) | 1.37 | 7.87 | -21.26 | 0.33 | -26.67 | -65.62 | 66.32 | -7.22 | 27.15 | 278.46 | 37.38 | 194.98 | 67.10 | 27.35 | 72.4 | 277.68 | 25.37 | 157.97 |
| 22Q3 (15) | 1.27 | -24.4 | -36.82 | 0.45 | -41.56 | -59.09 | 71.48 | 32.08 | 57.51 | 202.70 | 72.51 | 145.64 | 52.69 | 53.08 | 41.91 | 221.49 | 61.44 | 144.01 |
| 22Q2 (14) | 1.68 | -4.55 | -27.59 | 0.77 | -18.95 | -31.25 | 54.12 | 4.6 | 37.99 | 117.50 | 23.09 | 44.01 | 34.42 | 30.97 | 71.76 | 137.20 | 13.46 | 36.14 |
| 22Q1 (13) | 1.76 | 1.15 | -17.76 | 0.95 | -1.04 | 0.0 | 51.74 | -0.81 | 21.63 | 95.46 | 1.12 | -0.34 | 26.28 | -32.48 | 64.87 | 120.92 | 12.34 | -1.2 |
| 21Q4 (12) | 1.74 | -13.43 | 2.96 | 0.96 | -12.73 | 23.08 | 52.16 | 14.94 | -3.3 | 94.40 | 14.4 | -19.19 | 38.92 | 4.82 | 59.25 | 107.64 | 18.59 | -26.44 |
| 21Q3 (11) | 2.01 | -13.36 | 28.03 | 1.10 | -1.79 | 54.93 | 45.38 | 15.71 | -21.75 | 82.52 | 1.14 | -35.69 | 37.13 | 85.28 | 49.18 | 90.77 | -9.93 | -43.76 |
| 21Q2 (10) | 2.32 | 8.41 | 28.89 | 1.12 | 17.89 | 67.16 | 39.22 | -7.8 | -22.49 | 81.59 | -14.82 | -40.34 | 20.04 | 25.72 | 11.21 | 100.78 | -17.66 | -40.48 |
| 21Q1 (9) | 2.14 | 26.63 | 16.94 | 0.95 | 21.79 | 55.74 | 42.54 | -21.13 | -14.34 | 95.79 | -18.0 | -35.67 | 15.94 | -34.78 | -24.6 | 122.39 | -16.35 | -31.02 |
| 20Q4 (8) | 1.69 | 7.64 | -1.17 | 0.78 | 9.86 | 41.82 | 53.94 | -6.98 | 1.35 | 116.82 | -8.95 | -29.93 | 24.44 | -1.81 | -10.01 | 146.32 | -9.35 | -24.1 |
| 20Q3 (7) | 1.57 | -12.78 | -18.23 | 0.71 | 5.97 | 18.33 | 57.99 | 14.6 | 22.63 | 128.31 | -6.17 | -15.19 | 24.89 | 38.12 | 5.2 | 161.41 | -4.68 | -7.73 |
| 20Q2 (6) | 1.80 | -1.64 | 4.05 | 0.67 | 9.84 | 39.58 | 50.60 | 1.89 | -3.67 | 136.75 | -8.16 | -28.19 | 18.02 | -14.76 | -44.89 | 169.33 | -4.56 | -19.46 |
| 20Q1 (5) | 1.83 | 7.02 | 35.56 | 0.61 | 10.91 | 27.08 | 49.66 | -6.69 | -26.08 | 148.90 | -10.69 | -21.63 | 21.14 | -22.16 | -60.66 | 177.42 | -7.96 | -12.8 |
| 19Q4 (4) | 1.71 | -10.94 | 0.0 | 0.55 | -8.33 | 0.0 | 53.22 | 12.54 | 0.0 | 166.72 | 10.19 | 0.0 | 27.16 | 14.79 | 0.0 | 192.77 | 10.19 | 0.0 |
| 19Q3 (3) | 1.92 | 10.98 | 0.0 | 0.60 | 25.0 | 0.0 | 47.29 | -9.98 | 0.0 | 151.30 | -20.54 | 0.0 | 23.66 | -27.65 | 0.0 | 174.94 | -16.79 | 0.0 |
| 19Q2 (2) | 1.73 | 28.15 | 0.0 | 0.48 | 0.0 | 0.0 | 52.53 | -21.81 | 0.0 | 190.42 | 0.22 | 0.0 | 32.70 | -39.14 | 0.0 | 210.25 | 3.34 | 0.0 |
| 19Q1 (1) | 1.35 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 67.18 | 0.0 | 0.0 | 190.00 | 0.0 | 0.0 | 53.73 | 0.0 | 0.0 | 203.46 | 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) | 6.07 | -13.78 | 1.35 | -33.82 | 60.14 | 15.99 | 270.86 | 51.02 | 48.03 | 10.85 | 282.96 | 50.61 |
| 2022 (9) | 7.04 | -20.0 | 2.04 | -45.89 | 51.85 | 25.09 | 179.35 | 85.41 | 43.33 | 132.33 | 187.88 | 57.17 |
| 2021 (8) | 8.80 | 9.45 | 3.77 | 34.16 | 41.45 | -8.66 | 96.73 | -25.52 | 18.65 | -3.92 | 119.54 | -23.3 |
| 2020 (7) | 8.04 | 32.45 | 2.81 | 20.6 | 45.38 | -24.58 | 129.88 | -17.22 | 19.41 | -48.57 | 155.85 | -13.09 |
| 2019 (6) | 6.07 | -34.45 | 2.33 | -41.75 | 60.17 | 52.72 | 156.90 | 71.91 | 37.74 | -0.92 | 179.33 | 93.7 |
| 2018 (5) | 9.26 | 20.57 | 4.00 | -22.48 | 39.40 | -17.05 | 91.27 | 28.99 | 38.09 | -29.65 | 92.58 | 44.39 |
| 2017 (4) | 7.68 | 3.36 | 5.16 | -3.19 | 47.50 | -3.36 | 70.76 | 3.34 | 54.14 | 19.09 | 64.12 | -11.14 |
| 2016 (3) | 7.43 | -2.75 | 5.33 | 11.27 | 49.15 | 2.87 | 68.47 | -10.18 | 45.46 | 139.01 | 72.16 | -31.27 |
| 2015 (2) | 7.64 | -1.29 | 4.79 | 14.32 | 47.78 | 1.31 | 76.23 | -12.54 | 19.02 | -10.75 | 104.99 | -7.1 |
| 2014 (1) | 7.74 | -2.15 | 4.19 | 26.59 | 47.16 | 2.19 | 87.16 | -20.98 | 21.31 | -3.71 | 113.01 | -15.87 |
