- 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) | 1.89 | -0.53 | 24.34 | 0.49 | -7.55 | 22.5 | 48.18 | 0.67 | -19.67 | 185.67 | 7.92 | -19.31 | 49.11 | 11.13 | 16.29 | 184.74 | 5.15 | -25.46 |
| 23Q3 (19) | 1.90 | -11.21 | 37.68 | 0.53 | 8.16 | 26.19 | 47.86 | 12.8 | -27.35 | 172.04 | -6.48 | -19.99 | 44.19 | 19.21 | -15.59 | 175.70 | -7.2 | -23.12 |
| 23Q2 (18) | 2.14 | 20.9 | 11.46 | 0.49 | 40.0 | 8.89 | 42.43 | -17.35 | -10.71 | 183.96 | -28.93 | -9.0 | 37.07 | -17.2 | -21.63 | 189.33 | -28.66 | -6.44 |
| 23Q1 (17) | 1.77 | 16.45 | -4.84 | 0.35 | -12.5 | -7.89 | 51.34 | -14.4 | 4.71 | 258.84 | 12.5 | 9.38 | 44.77 | 6.01 | 18.0 | 265.40 | 7.09 | 7.13 |
| 22Q4 (16) | 1.52 | 10.14 | -14.12 | 0.40 | -4.76 | 14.29 | 59.98 | -8.96 | 16.62 | 230.09 | 7.01 | -10.72 | 42.23 | -19.33 | -12.09 | 247.83 | 8.45 | -5.09 |
| 22Q3 (15) | 1.38 | -28.13 | -18.34 | 0.42 | -6.67 | 2.44 | 65.88 | 38.64 | 22.48 | 215.01 | 6.36 | -2.08 | 52.35 | 10.68 | -5.73 | 228.53 | 12.93 | 4.91 |
| 22Q2 (14) | 1.92 | 3.23 | 12.28 | 0.45 | 18.42 | 7.14 | 47.52 | -3.08 | -10.78 | 202.15 | -14.58 | -7.58 | 47.30 | 24.67 | -31.91 | 202.37 | -18.31 | -0.07 |
| 22Q1 (13) | 1.86 | 5.08 | 48.8 | 0.38 | 8.57 | -7.32 | 49.03 | -4.67 | -32.38 | 236.65 | -8.18 | 5.88 | 37.94 | -21.02 | -57.38 | 247.74 | -5.12 | 19.68 |
| 21Q4 (12) | 1.77 | 4.73 | 23.78 | 0.35 | -14.63 | -55.7 | 51.43 | -4.39 | -19.27 | 257.72 | 17.37 | 123.23 | 48.04 | -13.49 | -43.69 | 261.11 | 19.86 | 178.25 |
| 21Q3 (11) | 1.69 | -1.17 | -31.02 | 0.41 | -2.38 | -70.92 | 53.79 | 1.0 | 44.95 | 219.58 | 0.39 | 240.01 | 55.53 | -20.07 | -9.63 | 217.84 | 7.56 | 441.35 |
| 21Q2 (10) | 1.71 | 36.8 | -13.2 | 0.42 | 2.44 | -58.0 | 53.26 | -26.55 | 15.43 | 218.73 | -2.13 | 140.73 | 69.47 | -21.95 | 26.24 | 202.52 | -2.16 | 147.07 |
| 21Q1 (9) | 1.25 | -12.59 | -19.87 | 0.41 | -48.1 | -37.88 | 72.51 | 13.81 | 24.37 | 223.50 | 93.59 | 62.27 | 89.01 | 4.32 | 48.28 | 207.00 | 120.59 | 52.22 |
| 20Q4 (8) | 1.43 | -41.63 | -25.13 | 0.79 | -43.97 | 14.49 | 63.71 | 71.68 | 33.59 | 115.45 | 78.77 | -12.71 | 85.32 | 38.84 | 43.23 | 93.84 | 133.2 | -22.05 |
| 20Q3 (7) | 2.45 | 24.37 | 40.0 | 1.41 | 41.0 | 90.54 | 37.11 | -19.57 | -28.59 | 64.58 | -28.92 | -47.7 | 61.45 | 11.67 | 12.28 | 40.24 | -50.91 | -66.67 |
| 20Q2 (6) | 1.97 | 26.28 | 9.44 | 1.00 | 51.52 | 47.06 | 46.14 | -20.86 | -8.58 | 90.86 | -34.03 | -32.2 | 55.03 | -8.33 | -7.17 | 81.97 | -39.72 | -34.54 |
| 20Q1 (5) | 1.56 | -18.32 | -11.86 | 0.66 | -4.35 | -10.81 | 58.30 | 22.25 | 13.69 | 137.73 | 4.14 | 12.2 | 60.03 | 0.77 | 3.3 | 135.99 | 12.96 | 17.31 |
| 19Q4 (4) | 1.91 | 9.14 | 0.0 | 0.69 | -6.76 | 0.0 | 47.69 | -8.24 | 0.0 | 132.26 | 7.1 | 0.0 | 59.57 | 8.84 | 0.0 | 120.39 | -0.27 | 0.0 |
| 19Q3 (3) | 1.75 | -2.78 | 0.0 | 0.74 | 8.82 | 0.0 | 51.97 | 2.97 | 0.0 | 123.49 | -7.86 | 0.0 | 54.73 | -7.68 | 0.0 | 120.72 | -3.59 | 0.0 |
| 19Q2 (2) | 1.80 | 1.69 | 0.0 | 0.68 | -8.11 | 0.0 | 50.47 | -1.58 | 0.0 | 134.02 | 9.18 | 0.0 | 59.28 | 2.01 | 0.0 | 125.22 | 8.02 | 0.0 |
| 19Q1 (1) | 1.77 | 0.0 | 0.0 | 0.74 | 0.0 | 0.0 | 51.28 | 0.0 | 0.0 | 122.75 | 0.0 | 0.0 | 58.11 | 0.0 | 0.0 | 115.92 | 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) | 8.25 | -4.95 | 1.79 | 4.07 | 44.26 | 5.26 | 204.04 | -3.63 | 40.44 | 22.77 | 207.87 | -5.88 |
| 2022 (9) | 8.68 | 60.44 | 1.72 | -4.44 | 42.05 | -37.69 | 211.73 | 4.29 | 32.94 | -45.87 | 220.85 | 5.33 |
| 2021 (8) | 5.41 | -36.73 | 1.80 | -48.72 | 67.48 | 58.03 | 203.03 | 95.43 | 60.85 | 27.12 | 209.67 | 112.41 |
| 2020 (7) | 8.55 | 12.35 | 3.51 | 24.03 | 42.70 | -10.95 | 103.89 | -19.37 | 47.87 | -27.61 | 98.71 | -10.81 |
| 2019 (6) | 7.61 | -11.51 | 2.83 | -5.98 | 47.95 | 12.93 | 128.85 | 6.18 | 66.13 | -0.56 | 110.67 | 13.73 |
| 2018 (5) | 8.60 | -3.04 | 3.01 | -12.75 | 42.46 | 3.21 | 121.35 | 14.75 | 66.50 | -4.21 | 97.31 | 25.61 |
| 2017 (4) | 8.87 | -1.22 | 3.45 | -19.2 | 41.14 | 1.18 | 105.75 | 23.7 | 69.42 | -2.23 | 77.47 | 40.47 |
| 2016 (3) | 8.98 | 4.91 | 4.27 | 4.91 | 40.66 | -4.69 | 85.49 | -4.73 | 71.00 | -10.79 | 55.15 | 4.45 |
| 2015 (2) | 8.56 | -27.02 | 4.07 | -39.88 | 42.66 | 37.13 | 89.73 | 66.51 | 79.59 | 54.3 | 52.80 | 57.94 |
| 2014 (1) | 11.73 | 132.28 | 6.77 | 27.5 | 31.11 | -56.99 | 53.89 | -21.61 | 51.58 | -20.97 | 33.43 | -55.91 |
