- 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) | 0.86 | -2.27 | 6.17 | 1.03 | -6.36 | 27.16 | 105.59 | 2.41 | -6.39 | 88.05 | 6.62 | -21.64 | 95.57 | 3.0 | 26.68 | 98.07 | 5.57 | -34.5 |
| 23Q3 (19) | 0.88 | -13.73 | 20.55 | 1.10 | -5.98 | 48.65 | 103.11 | 15.36 | -17.29 | 82.58 | 5.83 | -33.27 | 92.79 | 16.69 | 33.8 | 92.90 | 5.7 | -48.12 |
| 23Q2 (18) | 1.02 | 7.37 | 29.11 | 1.17 | 17.0 | 67.14 | 89.38 | -7.16 | -21.93 | 78.03 | -14.3 | -39.73 | 79.52 | 6.05 | 1.82 | 87.89 | -21.76 | -47.01 |
| 23Q1 (17) | 0.95 | 17.28 | 25.0 | 1.00 | 23.46 | 53.85 | 96.27 | -14.65 | -19.96 | 91.05 | -18.97 | -35.0 | 74.98 | -0.61 | -22.8 | 112.34 | -24.97 | -31.18 |
| 22Q4 (16) | 0.81 | 10.96 | -4.71 | 0.81 | 9.46 | 8.0 | 112.80 | -9.52 | 4.79 | 112.36 | -9.2 | -7.74 | 75.44 | 8.78 | -21.18 | 149.72 | -16.39 | 11.98 |
| 22Q3 (15) | 0.73 | -7.59 | -15.12 | 0.74 | 5.71 | -16.85 | 124.67 | 8.9 | 17.18 | 123.75 | -4.42 | 20.77 | 69.35 | -11.2 | -29.05 | 179.07 | 7.97 | 61.15 |
| 22Q2 (14) | 0.79 | 3.95 | -8.14 | 0.70 | 7.69 | -35.78 | 114.48 | -4.82 | 8.2 | 129.47 | -7.57 | 54.61 | 78.10 | -19.58 | -21.79 | 165.85 | 1.61 | 84.94 |
| 22Q1 (13) | 0.76 | -10.59 | -15.56 | 0.65 | -13.33 | -51.13 | 120.28 | 11.74 | 18.68 | 140.07 | 15.02 | 104.78 | 97.12 | 1.47 | 1.66 | 163.23 | 22.09 | 119.93 |
| 21Q4 (12) | 0.85 | -1.16 | -9.57 | 0.75 | -15.73 | -50.0 | 107.64 | 1.17 | 11.47 | 121.78 | 18.84 | 100.92 | 95.71 | -2.08 | 2.28 | 133.70 | 20.32 | 110.25 |
| 21Q3 (11) | 0.86 | 0.0 | -18.1 | 0.89 | -18.35 | -45.06 | 106.39 | 0.56 | 23.18 | 102.47 | 22.37 | 82.53 | 97.74 | -2.12 | 16.08 | 111.12 | 23.91 | 90.53 |
| 21Q2 (10) | 0.86 | -4.44 | -10.42 | 1.09 | -18.05 | -14.84 | 105.80 | 4.39 | 11.27 | 83.74 | 22.43 | 18.11 | 99.86 | 4.53 | 10.56 | 89.68 | 20.83 | 18.51 |
| 21Q1 (9) | 0.90 | -4.26 | 8.43 | 1.33 | -11.33 | 16.67 | 101.35 | 4.96 | -7.15 | 68.40 | 12.85 | -14.47 | 95.53 | 2.08 | -2.8 | 74.22 | 16.72 | -18.3 |
| 20Q4 (8) | 0.94 | -10.48 | -1.05 | 1.50 | -7.41 | 12.78 | 96.56 | 11.8 | 0.32 | 60.61 | 7.96 | -11.29 | 93.58 | 11.14 | 9.81 | 63.59 | 9.04 | -19.86 |
| 20Q3 (7) | 1.05 | 9.38 | 6.06 | 1.62 | 26.56 | 20.0 | 86.37 | -9.16 | -5.86 | 56.14 | -20.82 | -16.85 | 84.20 | -6.78 | 12.91 | 58.32 | -22.93 | -31.15 |
| 20Q2 (6) | 0.96 | 15.66 | 7.87 | 1.28 | 12.28 | 12.28 | 95.08 | -12.9 | -7.42 | 70.90 | -11.34 | -11.45 | 90.32 | -8.1 | 12.96 | 75.67 | -16.71 | -26.41 |
| 20Q1 (5) | 0.83 | -12.63 | -2.35 | 1.14 | -14.29 | 9.62 | 109.16 | 13.41 | 2.29 | 79.97 | 17.05 | -8.94 | 98.28 | 15.33 | 2.3 | 90.85 | 14.49 | -7.75 |
| 19Q4 (4) | 0.95 | -4.04 | 0.0 | 1.33 | -1.48 | 0.0 | 96.25 | 4.9 | 0.0 | 68.32 | 1.18 | 0.0 | 85.22 | 14.28 | 0.0 | 79.35 | -6.32 | 0.0 |
| 19Q3 (3) | 0.99 | 11.24 | 0.0 | 1.35 | 18.42 | 0.0 | 91.75 | -10.66 | 0.0 | 67.52 | -15.67 | 0.0 | 74.57 | -6.74 | 0.0 | 84.70 | -17.62 | 0.0 |
| 19Q2 (2) | 0.89 | 4.71 | 0.0 | 1.14 | 9.62 | 0.0 | 102.70 | -3.77 | 0.0 | 80.07 | -8.82 | 0.0 | 79.96 | -16.77 | 0.0 | 102.82 | 4.41 | 0.0 |
| 19Q1 (1) | 0.85 | 0.0 | 0.0 | 1.04 | 0.0 | 0.0 | 106.72 | 0.0 | 0.0 | 87.82 | 0.0 | 0.0 | 96.07 | 0.0 | 0.0 | 98.48 | 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) | 3.78 | 20.77 | 4.08 | 41.18 | 96.67 | -17.0 | 89.47 | -29.26 | 83.22 | -13.41 | 102.91 | -29.91 |
| 2022 (9) | 3.13 | -6.29 | 2.89 | -24.35 | 116.47 | 6.42 | 126.48 | 32.37 | 96.11 | -5.96 | 146.83 | 42.84 |
| 2021 (8) | 3.34 | -7.73 | 3.82 | -27.38 | 109.44 | 8.54 | 95.55 | 37.78 | 102.20 | 6.57 | 102.79 | 38.4 |
| 2020 (7) | 3.62 | 4.02 | 5.26 | 17.67 | 100.83 | -3.78 | 69.35 | -14.98 | 95.90 | -3.78 | 74.27 | -14.33 |
| 2019 (6) | 3.48 | 1.75 | 4.47 | -1.97 | 104.79 | -1.85 | 81.57 | 2.0 | 99.67 | -0.25 | 86.69 | -0.15 |
| 2018 (5) | 3.42 | 0.88 | 4.56 | -21.38 | 106.77 | -0.88 | 79.97 | 27.06 | 99.92 | 9.04 | 86.82 | 9.87 |
| 2017 (4) | 3.39 | -8.38 | 5.80 | -8.81 | 107.72 | 9.29 | 62.94 | 9.73 | 91.64 | 7.31 | 79.02 | 12.05 |
| 2016 (3) | 3.70 | 2.49 | 6.36 | 37.37 | 98.56 | -2.47 | 57.36 | -27.26 | 85.40 | -10.93 | 70.52 | -16.08 |
| 2015 (2) | 3.61 | -24.95 | 4.63 | -3.34 | 101.06 | 33.1 | 78.86 | 3.48 | 95.88 | 24.97 | 84.03 | 11.42 |
| 2014 (1) | 4.81 | 8.82 | 4.79 | 38.84 | 75.93 | -8.09 | 76.21 | -27.97 | 76.72 | -4.48 | 75.42 | -30.22 |
