- 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) | 2.12 | -5.36 | -20.9 | 0.18 | -5.26 | 0.0 | 42.87 | 5.62 | 26.46 | 500.30 | 6.43 | -2.67 | 63.35 | 14.58 | 3.13 | 479.82 | 5.37 | -1.38 |
| 23Q3 (19) | 2.24 | -14.5 | -25.08 | 0.19 | -24.0 | -42.42 | 40.59 | 16.74 | 33.3 | 470.07 | 26.73 | 69.82 | 55.29 | 20.38 | 39.97 | 455.36 | 26.57 | 70.06 |
| 23Q2 (18) | 2.62 | -28.02 | 16.96 | 0.25 | -3.85 | -26.47 | 34.77 | 38.97 | -14.36 | 370.93 | 7.34 | 36.71 | 45.93 | 3.12 | -3.77 | 359.77 | 10.35 | 36.17 |
| 23Q1 (17) | 3.64 | 35.82 | 61.06 | 0.26 | 44.44 | -33.33 | 25.02 | -26.19 | -37.79 | 345.56 | -32.78 | 46.36 | 44.54 | -27.49 | 28.03 | 326.04 | -32.99 | 34.98 |
| 22Q4 (16) | 2.68 | -10.37 | 8.94 | 0.18 | -45.45 | -55.0 | 33.90 | 11.33 | -8.48 | 514.05 | 85.7 | 125.02 | 61.43 | 55.52 | 23.08 | 486.52 | 81.7 | 125.69 |
| 22Q3 (15) | 2.99 | 33.48 | 9.12 | 0.33 | -2.94 | -35.29 | 30.45 | -25.0 | -8.39 | 276.81 | 2.02 | 53.94 | 39.50 | -17.24 | -41.83 | 267.76 | 1.35 | 84.48 |
| 22Q2 (14) | 2.24 | -0.88 | 3.23 | 0.34 | -12.82 | -42.37 | 40.60 | 0.94 | -3.15 | 271.32 | 14.91 | 74.62 | 47.73 | 37.19 | -33.88 | 264.20 | 9.38 | 111.17 |
| 22Q1 (13) | 2.26 | -8.13 | -17.82 | 0.39 | -2.5 | -63.21 | 40.22 | 8.59 | 21.69 | 236.11 | 3.35 | 174.0 | 34.79 | -30.29 | -5.77 | 241.54 | 12.05 | 193.49 |
| 21Q4 (12) | 2.46 | -10.22 | 32.97 | 0.40 | -21.57 | -48.05 | 37.04 | 11.43 | -24.52 | 228.45 | 27.04 | 93.0 | 49.91 | -26.51 | 14.55 | 215.57 | 48.53 | 74.03 |
| 21Q3 (11) | 2.74 | 26.27 | 34.31 | 0.51 | -13.56 | -43.96 | 33.24 | -20.71 | -25.32 | 179.82 | 15.73 | 80.2 | 67.91 | -5.93 | 56.4 | 145.14 | 16.01 | 43.87 |
| 21Q2 (10) | 2.17 | -21.09 | 6.37 | 0.59 | -44.34 | -35.87 | 41.92 | 26.84 | -6.01 | 155.38 | 80.32 | 57.87 | 72.19 | 95.53 | 76.98 | 125.11 | 52.02 | 22.38 |
| 21Q1 (9) | 2.75 | 48.65 | 48.65 | 1.06 | 37.66 | 65.62 | 33.05 | -32.65 | -32.93 | 86.17 | -27.2 | -38.96 | 36.92 | -15.26 | -20.29 | 82.30 | -33.56 | -42.89 |
| 20Q4 (8) | 1.85 | -9.31 | 6.94 | 0.77 | -15.38 | 4.05 | 49.07 | 10.24 | -6.73 | 118.37 | 18.62 | -3.43 | 43.57 | 0.35 | 0.97 | 123.87 | 22.79 | -6.19 |
| 20Q3 (7) | 2.04 | 0.0 | 9.09 | 0.91 | -1.09 | -1.09 | 44.51 | -0.2 | -8.73 | 99.79 | 1.39 | 0.96 | 43.42 | 6.45 | -1.0 | 100.88 | -1.32 | -2.76 |
| 20Q2 (6) | 2.04 | 10.27 | 41.67 | 0.92 | 43.75 | 27.78 | 44.60 | -9.5 | -29.51 | 98.42 | -30.28 | -22.02 | 40.79 | -11.94 | -24.89 | 102.23 | -29.07 | -24.36 |
| 20Q1 (5) | 1.85 | 6.94 | 33.09 | 0.64 | -13.51 | -18.99 | 49.28 | -6.33 | -24.91 | 141.17 | 15.17 | 21.97 | 46.32 | 7.35 | 29.6 | 144.12 | 9.15 | -1.03 |
| 19Q4 (4) | 1.73 | -7.49 | 0.0 | 0.74 | -19.57 | 0.0 | 52.61 | 7.87 | 0.0 | 122.58 | 24.02 | 0.0 | 43.15 | -1.62 | 0.0 | 132.04 | 27.28 | 0.0 |
| 19Q3 (3) | 1.87 | 29.86 | 0.0 | 0.92 | 27.78 | 0.0 | 48.77 | -22.92 | 0.0 | 98.84 | -21.69 | 0.0 | 43.86 | -19.24 | 0.0 | 103.74 | -23.25 | 0.0 |
| 19Q2 (2) | 1.44 | 3.6 | 0.0 | 0.72 | -8.86 | 0.0 | 63.27 | -3.6 | 0.0 | 126.21 | 9.05 | 0.0 | 54.31 | 51.96 | 0.0 | 135.16 | -7.18 | 0.0 |
| 19Q1 (1) | 1.39 | 0.0 | 0.0 | 0.79 | 0.0 | 0.0 | 65.63 | 0.0 | 0.0 | 115.74 | 0.0 | 0.0 | 35.74 | 0.0 | 0.0 | 145.62 | 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) | 11.50 | -12.01 | 0.84 | -26.96 | 31.73 | 13.61 | 432.92 | 36.62 | 60.94 | 40.97 | 403.71 | 33.86 |
| 2022 (9) | 13.07 | 12.87 | 1.15 | -48.89 | 27.93 | -11.36 | 316.88 | 95.64 | 43.23 | 32.32 | 301.58 | 87.53 |
| 2021 (8) | 11.58 | 22.93 | 2.25 | -26.47 | 31.51 | -18.66 | 161.97 | 35.61 | 32.67 | -20.28 | 160.82 | 37.22 |
| 2020 (7) | 9.42 | 37.92 | 3.06 | 2.34 | 38.74 | -27.45 | 119.44 | -2.06 | 40.98 | 16.06 | 117.20 | -16.31 |
| 2019 (6) | 6.83 | 7.9 | 2.99 | -30.47 | 53.40 | -7.39 | 121.95 | 43.54 | 35.31 | 33.8 | 140.04 | 20.49 |
| 2018 (5) | 6.33 | -2.31 | 4.30 | -24.56 | 57.66 | 2.31 | 84.96 | 32.69 | 26.39 | -9.34 | 116.23 | 27.35 |
| 2017 (4) | 6.48 | 18.46 | 5.70 | 24.73 | 56.36 | -15.53 | 64.03 | -19.85 | 29.11 | -26.75 | 91.27 | -14.6 |
| 2016 (3) | 5.47 | 9.84 | 4.57 | -14.26 | 66.72 | -8.99 | 79.89 | 16.68 | 39.74 | -32.07 | 106.87 | 28.33 |
| 2015 (2) | 4.98 | 3.32 | 5.33 | 0.0 | 73.31 | -3.13 | 68.47 | -0.07 | 58.50 | -0.43 | 83.28 | -2.54 |
| 2014 (1) | 4.82 | 42.6 | 5.33 | 9.9 | 75.68 | -29.87 | 68.52 | -9.0 | 58.75 | 5.87 | 85.45 | -33.1 |
