- 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) | 2.86 | 6.32 | 24.89 | 0.37 | 19.35 | -7.5 | 31.84 | -5.77 | -19.96 | 242.90 | -18.53 | 6.51 | 52.30 | -2.82 | 15.58 | 222.44 | -20.02 | -0.06 |
| 23Q3 (19) | 2.69 | 41.58 | 73.55 | 0.31 | 40.91 | 19.23 | 33.79 | -29.52 | -42.59 | 298.16 | -27.14 | -16.37 | 53.82 | -17.12 | -25.61 | 278.13 | -29.09 | -18.91 |
| 23Q2 (18) | 1.90 | -8.21 | -4.52 | 0.22 | -21.43 | -51.11 | 47.94 | 8.83 | 4.86 | 409.25 | 25.68 | 101.34 | 64.94 | 15.12 | 56.26 | 392.24 | 25.21 | 89.1 |
| 23Q1 (17) | 2.07 | -9.61 | 16.29 | 0.28 | -30.0 | -20.0 | 44.05 | 10.73 | -13.85 | 325.63 | 42.79 | 25.88 | 56.41 | 24.66 | 4.15 | 313.27 | 40.74 | 22.53 |
| 22Q4 (16) | 2.29 | 47.74 | -33.62 | 0.40 | 53.85 | -31.03 | 39.78 | -32.42 | 51.03 | 228.05 | -36.03 | 45.53 | 45.25 | -37.46 | 59.84 | 222.58 | -35.11 | 43.84 |
| 22Q3 (15) | 1.55 | -22.11 | -20.1 | 0.26 | -42.22 | 8.33 | 58.86 | 28.74 | 25.69 | 356.51 | 75.4 | -6.36 | 72.35 | 74.09 | 31.47 | 343.01 | 65.37 | -7.92 |
| 22Q2 (14) | 1.99 | 11.8 | 4.19 | 0.45 | 28.57 | 50.0 | 45.72 | -10.58 | -3.87 | 203.26 | -21.43 | -31.88 | 41.56 | -23.26 | -38.52 | 207.42 | -18.87 | -25.48 |
| 22Q1 (13) | 1.78 | -48.41 | 21.09 | 0.35 | -39.66 | 16.67 | 51.13 | 94.12 | -17.43 | 258.69 | 65.09 | -15.8 | 54.16 | 91.31 | -33.64 | 255.66 | 65.22 | -11.08 |
| 21Q4 (12) | 3.45 | 77.84 | 21.91 | 0.58 | 141.67 | 7.41 | 26.34 | -43.75 | -18.12 | 156.70 | -58.84 | -7.05 | 28.31 | -48.56 | 3.06 | 154.74 | -58.46 | -10.7 |
| 21Q3 (11) | 1.94 | 1.57 | 1.04 | 0.24 | -20.0 | -14.29 | 46.83 | -1.53 | -1.41 | 380.73 | 27.59 | 18.69 | 55.03 | -18.59 | 21.99 | 372.53 | 33.84 | 15.27 |
| 21Q2 (10) | 1.91 | 29.93 | 19.37 | 0.30 | 0.0 | 7.14 | 47.56 | -23.19 | -16.37 | 298.40 | -2.87 | -7.95 | 67.60 | -17.18 | 32.73 | 278.35 | -3.19 | -15.68 |
| 21Q1 (9) | 1.47 | -48.06 | 13.08 | 0.30 | -44.44 | 20.0 | 61.92 | 92.48 | -11.77 | 307.22 | 82.24 | -16.6 | 81.62 | 197.12 | 23.14 | 287.52 | 65.93 | -22.76 |
| 20Q4 (8) | 2.83 | 47.4 | 15.51 | 0.54 | 92.86 | -14.29 | 32.17 | -32.27 | -13.41 | 168.58 | -47.45 | 16.52 | 27.47 | -39.1 | -14.77 | 173.28 | -46.38 | 15.84 |
| 20Q3 (7) | 1.92 | 20.0 | 72.97 | 0.28 | 0.0 | 0.0 | 47.50 | -16.48 | -42.02 | 320.79 | -1.05 | -2.39 | 45.11 | -11.43 | -27.5 | 323.19 | -2.1 | -7.23 |
| 20Q2 (6) | 1.60 | 23.08 | 14.29 | 0.28 | 12.0 | 0.0 | 56.87 | -18.97 | -12.4 | 324.18 | -11.99 | 0.13 | 50.93 | -23.16 | 7.61 | 330.12 | -11.32 | -3.29 |
| 20Q1 (5) | 1.30 | -46.94 | -34.34 | 0.25 | -60.32 | -10.71 | 70.18 | 88.91 | 52.83 | 368.36 | 154.6 | 14.56 | 66.28 | 105.65 | 2.27 | 372.26 | 148.85 | 23.0 |
| 19Q4 (4) | 2.45 | 120.72 | 0.0 | 0.63 | 125.0 | 0.0 | 37.15 | -54.66 | 0.0 | 144.68 | -55.98 | 0.0 | 32.23 | -48.2 | 0.0 | 149.59 | -57.06 | 0.0 |
| 19Q3 (3) | 1.11 | -20.71 | 0.0 | 0.28 | 0.0 | 0.0 | 81.93 | 26.2 | 0.0 | 328.65 | 1.51 | 0.0 | 62.22 | 31.46 | 0.0 | 348.36 | 2.05 | 0.0 |
| 19Q2 (2) | 1.40 | -29.29 | 0.0 | 0.28 | 0.0 | 0.0 | 64.92 | 41.38 | 0.0 | 323.77 | 0.69 | 0.0 | 47.33 | -26.97 | 0.0 | 341.36 | 12.79 | 0.0 |
| 19Q1 (1) | 1.98 | 0.0 | 0.0 | 0.28 | 0.0 | 0.0 | 45.92 | 0.0 | 0.0 | 321.54 | 0.0 | 0.0 | 64.81 | 0.0 | 0.0 | 302.65 | 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) | 7.28 | -17.46 | 1.24 | -16.78 | 50.15 | 21.22 | 293.70 | 19.72 | 66.97 | 24.97 | 276.87 | 18.78 |
| 2022 (9) | 8.82 | 1.85 | 1.49 | -13.37 | 41.37 | -1.85 | 245.32 | 15.55 | 53.59 | 13.9 | 233.09 | 12.38 |
| 2021 (8) | 8.66 | 27.35 | 1.72 | 11.69 | 42.15 | -21.46 | 212.31 | -10.67 | 47.05 | -4.31 | 207.41 | -14.35 |
| 2020 (7) | 6.80 | -14.36 | 1.54 | 0.65 | 53.67 | 16.7 | 237.66 | -0.17 | 49.17 | -8.02 | 242.17 | 5.02 |
| 2019 (6) | 7.94 | 50.95 | 1.53 | -16.85 | 45.99 | -33.71 | 238.06 | 20.08 | 53.46 | 27.5 | 230.59 | 2.17 |
| 2018 (5) | 5.26 | 31.83 | 1.84 | -11.54 | 69.38 | -24.17 | 198.25 | 12.89 | 41.93 | 4.72 | 225.70 | -0.6 |
| 2017 (4) | 3.99 | 0.5 | 2.08 | 13.04 | 91.49 | -0.46 | 175.61 | -11.68 | 40.04 | -27.8 | 227.06 | -3.49 |
| 2016 (3) | 3.97 | -5.92 | 1.84 | 10.84 | 91.91 | 6.21 | 198.83 | -9.41 | 55.46 | -1.96 | 235.28 | -5.68 |
| 2015 (2) | 4.22 | 2.43 | 1.66 | 11.41 | 86.54 | -2.33 | 219.49 | -10.24 | 56.57 | -32.87 | 249.46 | 0.24 |
| 2014 (1) | 4.12 | -4.19 | 1.49 | -14.37 | 88.60 | 4.26 | 244.53 | 16.87 | 84.27 | -3.57 | 248.86 | 20.33 |
