- 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) | 1.95 | -43.64 | -57.97 | 0.36 | -35.71 | -23.4 | 46.70 | 77.43 | 138.14 | 254.06 | 56.85 | 32.32 | 38.03 | 33.44 | 15.98 | 262.73 | 64.41 | 46.93 |
| 23Q3 (19) | 3.46 | -14.99 | -37.43 | 0.56 | 43.59 | 0.0 | 26.32 | 17.71 | 60.0 | 161.98 | -31.09 | -0.79 | 28.50 | -37.62 | 24.73 | 159.80 | -24.52 | 1.87 |
| 23Q2 (18) | 4.07 | -19.09 | -54.68 | 0.39 | -17.02 | -29.09 | 22.36 | 23.47 | 120.73 | 235.05 | 20.95 | 41.96 | 45.69 | 16.29 | 115.11 | 211.72 | 22.27 | 37.06 |
| 23Q1 (17) | 5.03 | 8.41 | -32.66 | 0.47 | 0.0 | -6.0 | 18.11 | -7.65 | 48.69 | 194.34 | 1.22 | 5.73 | 39.29 | 19.82 | 59.0 | 173.16 | -3.16 | 1.1 |
| 22Q4 (16) | 4.64 | -16.09 | 9.95 | 0.47 | -16.07 | 0.0 | 19.61 | 19.21 | -9.04 | 192.00 | 17.6 | -1.89 | 32.79 | 43.5 | 3.37 | 178.81 | 13.99 | -3.62 |
| 22Q3 (15) | 5.53 | -38.42 | -5.31 | 0.56 | 1.82 | -26.32 | 16.45 | 62.39 | 5.52 | 163.27 | -1.4 | 35.64 | 22.85 | 7.58 | 4.82 | 156.87 | 1.55 | 37.4 |
| 22Q2 (14) | 8.98 | 20.21 | 23.35 | 0.55 | 10.0 | -30.38 | 10.13 | -16.83 | -18.9 | 165.58 | -9.92 | 44.11 | 21.24 | -14.04 | 1.48 | 154.47 | -9.81 | 45.1 |
| 22Q1 (13) | 7.47 | 77.01 | 85.82 | 0.50 | 6.38 | -7.41 | 12.18 | -43.51 | -46.15 | 183.81 | -6.07 | 9.5 | 24.71 | -22.1 | -16.89 | 171.28 | -7.68 | 6.55 |
| 21Q4 (12) | 4.22 | -27.74 | 7.93 | 0.47 | -38.16 | -20.34 | 21.56 | 38.29 | -7.39 | 195.69 | 62.57 | 27.41 | 31.72 | 45.5 | 8.26 | 185.53 | 62.5 | 25.72 |
| 21Q3 (11) | 5.84 | -19.78 | -3.79 | 0.76 | -3.8 | -7.32 | 15.59 | 24.82 | 4.07 | 120.37 | 4.76 | 8.77 | 21.80 | 4.16 | -3.41 | 114.17 | 7.24 | 10.77 |
| 21Q2 (10) | 7.28 | 81.09 | 10.81 | 0.79 | 46.3 | 38.6 | 12.49 | -44.78 | -9.82 | 114.90 | -31.55 | -27.43 | 20.93 | -29.6 | -35.16 | 106.46 | -33.77 | -23.9 |
| 21Q1 (9) | 4.02 | 2.81 | -32.78 | 0.54 | -8.47 | -16.92 | 22.62 | -2.84 | 48.62 | 167.86 | 9.29 | 19.44 | 29.73 | 1.47 | -9.74 | 160.75 | 8.93 | 30.88 |
| 20Q4 (8) | 3.91 | -35.58 | -33.62 | 0.59 | -28.05 | -15.71 | 23.28 | 55.41 | 50.68 | 153.59 | 38.79 | 17.87 | 29.30 | 29.82 | -12.06 | 147.57 | 43.17 | 31.24 |
| 20Q3 (7) | 6.07 | -7.61 | -12.79 | 0.82 | 43.86 | -8.89 | 14.98 | 8.16 | 14.53 | 110.66 | -30.1 | 9.29 | 22.57 | -30.08 | -14.05 | 103.07 | -26.32 | 17.03 |
| 20Q2 (6) | 6.57 | 9.87 | 27.08 | 0.57 | -12.31 | -16.18 | 13.85 | -9.0 | -21.31 | 158.32 | 12.65 | 17.54 | 32.28 | -2.0 | -7.03 | 139.89 | 13.9 | 18.97 |
| 20Q1 (5) | 5.98 | 1.53 | -5.83 | 0.65 | -7.14 | -8.45 | 15.22 | -1.49 | 6.28 | 140.54 | 7.85 | 9.88 | 32.94 | -1.14 | 6.91 | 122.82 | 9.23 | 10.24 |
| 19Q4 (4) | 5.89 | -15.37 | 0.0 | 0.70 | -22.22 | 0.0 | 15.45 | 18.12 | 0.0 | 130.31 | 28.7 | 0.0 | 33.32 | 26.88 | 0.0 | 112.44 | 27.67 | 0.0 |
| 19Q3 (3) | 6.96 | 34.62 | 0.0 | 0.90 | 32.35 | 0.0 | 13.08 | -25.68 | 0.0 | 101.25 | -24.83 | 0.0 | 26.26 | -24.37 | 0.0 | 88.07 | -25.1 | 0.0 |
| 19Q2 (2) | 5.17 | -18.58 | 0.0 | 0.68 | -4.23 | 0.0 | 17.60 | 22.91 | 0.0 | 134.70 | 5.32 | 0.0 | 34.72 | 12.69 | 0.0 | 117.58 | 5.54 | 0.0 |
| 19Q1 (1) | 6.35 | 0.0 | 0.0 | 0.71 | 0.0 | 0.0 | 14.32 | 0.0 | 0.0 | 127.90 | 0.0 | 0.0 | 30.81 | 0.0 | 0.0 | 111.41 | 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) | 11.12 | -63.13 | 1.87 | -15.38 | 32.81 | 171.16 | 195.64 | 18.68 | 31.13 | 9.96 | 197.32 | 32.75 |
| 2022 (9) | 30.16 | 38.67 | 2.21 | -11.24 | 12.10 | -27.89 | 164.85 | 12.3 | 28.31 | 22.08 | 148.64 | 5.88 |
| 2021 (8) | 21.75 | 18.66 | 2.49 | -10.43 | 16.78 | -15.72 | 146.79 | 11.68 | 23.19 | -17.68 | 140.38 | 13.96 |
| 2020 (7) | 18.33 | -32.14 | 2.78 | -3.81 | 19.91 | 47.37 | 131.44 | 4.1 | 28.17 | -10.54 | 123.18 | 13.75 |
| 2019 (6) | 27.01 | 30.29 | 2.89 | -2.03 | 13.51 | -23.28 | 126.26 | 2.06 | 31.49 | 0.06 | 108.29 | -1.41 |
| 2018 (5) | 20.73 | -10.03 | 2.95 | -14.49 | 17.61 | 11.17 | 123.71 | 16.88 | 31.47 | 5.64 | 109.84 | 19.52 |
| 2017 (4) | 23.04 | -17.12 | 3.45 | 16.95 | 15.84 | 20.64 | 105.84 | -14.57 | 29.79 | 0.4 | 91.90 | -14.39 |
| 2016 (3) | 27.80 | 1.79 | 2.95 | 9.26 | 13.13 | -1.72 | 123.89 | -8.28 | 29.67 | 1.68 | 107.35 | -9.99 |
| 2015 (2) | 27.31 | -43.67 | 2.70 | -3.57 | 13.36 | 77.42 | 135.07 | 3.49 | 29.18 | -17.8 | 119.26 | 16.31 |
| 2014 (1) | 48.48 | 10.03 | 2.80 | 10.24 | 7.53 | -9.06 | 130.52 | -9.0 | 35.50 | 14.92 | 102.54 | -15.13 |
