- 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) | 1.67 | 34.68 | 17.61 | 2.54 | 38.04 | 27.64 | 54.55 | -25.56 | -14.99 | 35.76 | -27.61 | -21.68 | 84.19 | -22.33 | -8.63 | 6.13 | -57.07 | -65.33 |
| 23Q3 (19) | 1.24 | -27.91 | 4.2 | 1.84 | -39.67 | -20.69 | 73.28 | 38.29 | -4.2 | 49.40 | 65.77 | 25.96 | 108.40 | 55.81 | 15.37 | 14.28 | 8.02 | -34.34 |
| 23Q2 (18) | 1.72 | 12.42 | -14.0 | 3.05 | 18.22 | -34.83 | 52.99 | -11.08 | 16.64 | 29.80 | -15.63 | 53.37 | 69.57 | 5.43 | 50.75 | 13.22 | -54.29 | -29.34 |
| 23Q1 (17) | 1.53 | 7.75 | -12.57 | 2.58 | 29.65 | -19.38 | 59.59 | -7.14 | 14.57 | 35.32 | -22.65 | 24.28 | 65.99 | -28.38 | -14.9 | 28.92 | 63.57 | 900.69 |
| 22Q4 (16) | 1.42 | 19.33 | 24.56 | 1.99 | -14.22 | -17.08 | 64.17 | -16.11 | -19.42 | 45.66 | 16.42 | 20.41 | 92.14 | -1.94 | -12.25 | 17.68 | -18.71 | 40.76 |
| 22Q3 (15) | 1.19 | -40.5 | -16.78 | 2.32 | -50.43 | -31.96 | 76.49 | 68.37 | 19.97 | 39.22 | 101.85 | 47.0 | 93.96 | 103.6 | 35.16 | 21.75 | 16.25 | 3.97 |
| 22Q2 (14) | 2.00 | 14.29 | 18.34 | 4.68 | 46.25 | 14.15 | 45.43 | -12.65 | -15.46 | 19.43 | -31.63 | -12.36 | 46.15 | -40.48 | -12.5 | 18.71 | 547.4 | -19.28 |
| 22Q1 (13) | 1.75 | 53.51 | -2.23 | 3.20 | 33.33 | -7.78 | 52.01 | -34.69 | 2.28 | 28.42 | -25.05 | 8.27 | 77.54 | -26.15 | 47.39 | 2.89 | -76.99 | -88.2 |
| 21Q4 (12) | 1.14 | -20.28 | -11.63 | 2.40 | -29.62 | 8.11 | 79.64 | 24.91 | 13.22 | 37.92 | 42.13 | -7.67 | 105.00 | 51.04 | 28.52 | 12.56 | -39.96 | -57.72 |
| 21Q3 (11) | 1.43 | -15.38 | 88.16 | 3.41 | -16.83 | 34.25 | 63.76 | 18.65 | -46.5 | 26.68 | 20.34 | -25.62 | 69.52 | 31.82 | -32.29 | 20.92 | -9.75 | -60.07 |
| 21Q2 (10) | 1.69 | -5.59 | 26.12 | 4.10 | 18.16 | -28.94 | 53.74 | 5.68 | -20.81 | 22.17 | -15.54 | 40.49 | 52.74 | 0.25 | -10.55 | 23.18 | -5.39 | -6.08 |
| 21Q1 (9) | 1.79 | 38.76 | 10.49 | 3.47 | 56.31 | -27.41 | 50.85 | -27.71 | -9.41 | 26.25 | -36.08 | 38.01 | 52.61 | -35.61 | -0.92 | 24.50 | -17.54 | 11.11 |
| 20Q4 (8) | 1.29 | 69.74 | 29.0 | 2.22 | -12.6 | -7.5 | 70.34 | -40.98 | -22.62 | 41.07 | 14.5 | 8.36 | 81.70 | -20.42 | 29.62 | 29.71 | -43.29 | -54.83 |
| 20Q3 (7) | 0.76 | -43.28 | 65.22 | 2.54 | -55.98 | 66.01 | 119.18 | 75.63 | -39.98 | 35.87 | 127.31 | -39.62 | 102.67 | 74.14 | -38.66 | 52.39 | 112.28 | -42.16 |
| 20Q2 (6) | 1.34 | -17.28 | -8.22 | 5.77 | 20.71 | -6.18 | 67.86 | 20.9 | 8.89 | 15.78 | -17.03 | 6.69 | 58.96 | 11.04 | 13.06 | 24.68 | 11.93 | -1.12 |
| 20Q1 (5) | 1.62 | 62.0 | 45.95 | 4.78 | 99.17 | 43.11 | 56.13 | -38.25 | -31.79 | 19.02 | -49.82 | -30.2 | 53.10 | -15.75 | -22.76 | 22.05 | -66.47 | -45.94 |
| 19Q4 (4) | 1.00 | 117.39 | 0.0 | 2.40 | 56.86 | 0.0 | 90.90 | -54.22 | 0.0 | 37.90 | -36.21 | 0.0 | 63.03 | -62.35 | 0.0 | 65.77 | -27.38 | 0.0 |
| 19Q3 (3) | 0.46 | -68.49 | 0.0 | 1.53 | -75.12 | 0.0 | 198.56 | 218.61 | 0.0 | 59.41 | 301.69 | 0.0 | 167.39 | 220.98 | 0.0 | 90.57 | 262.86 | 0.0 |
| 19Q2 (2) | 1.46 | 31.53 | 0.0 | 6.15 | 84.13 | 0.0 | 62.32 | -24.27 | 0.0 | 14.79 | -45.72 | 0.0 | 52.15 | -24.15 | 0.0 | 24.96 | -38.81 | 0.0 |
| 19Q1 (1) | 1.11 | 0.0 | 0.0 | 3.34 | 0.0 | 0.0 | 82.29 | 0.0 | 0.0 | 27.25 | 0.0 | 0.0 | 68.75 | 0.0 | 0.0 | 40.79 | 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) | 6.39 | -18.49 | 9.04 | -22.87 | 57.14 | 22.8 | 40.38 | 29.71 | 76.22 | 24.1 | 21.29 | 31.1 |
| 2022 (9) | 7.84 | 0.51 | 11.72 | -15.56 | 46.53 | -0.53 | 31.13 | 18.37 | 61.42 | 4.08 | 16.24 | 15.42 |
| 2021 (8) | 7.80 | -1.27 | 13.88 | 20.59 | 46.78 | 1.26 | 26.30 | -17.06 | 59.01 | 10.51 | 14.07 | -42.62 |
| 2020 (7) | 7.90 | 25.6 | 11.51 | -14.68 | 46.20 | -20.41 | 31.71 | 17.18 | 53.40 | 5.95 | 24.52 | -29.34 |
| 2019 (6) | 6.29 | -6.54 | 13.49 | -5.47 | 58.05 | 7.06 | 27.06 | 5.79 | 50.40 | 24.05 | 34.70 | -11.43 |
| 2018 (5) | 6.73 | 48.24 | 14.27 | 82.25 | 54.22 | -32.5 | 25.58 | -45.15 | 40.63 | -41.51 | 39.18 | -31.85 |
| 2017 (4) | 4.54 | -2.16 | 7.83 | -3.81 | 80.32 | 2.14 | 46.64 | 3.99 | 69.47 | -7.08 | 57.49 | 17.98 |
| 2016 (3) | 4.64 | 4.5 | 8.14 | -2.05 | 78.64 | -4.28 | 44.85 | 2.09 | 74.76 | 0.38 | 48.73 | -5.58 |
| 2015 (2) | 4.44 | -1.55 | 8.31 | 10.8 | 82.16 | 1.58 | 43.93 | -9.74 | 74.48 | -10.35 | 51.61 | 11.06 |
| 2014 (1) | 4.51 | -9.62 | 7.50 | 11.11 | 80.88 | 10.48 | 48.67 | -10.0 | 83.08 | -3.02 | 46.47 | 11.68 |
