- 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) | 1.50 | -14.29 | 36.36 | 0.45 | -16.67 | 275.0 | 60.87 | 17.13 | -26.72 | 201.11 | 18.42 | -72.69 | 47.77 | 21.24 | -34.3 | 214.21 | 17.43 | -71.32 |
| 23Q3 (19) | 1.75 | -8.38 | 86.17 | 0.54 | 25.58 | 217.65 | 51.97 | 9.09 | -46.38 | 169.83 | -19.96 | -68.96 | 39.40 | 16.84 | -58.49 | 182.41 | -19.32 | -66.78 |
| 23Q2 (18) | 1.91 | 9.14 | 63.25 | 0.43 | 65.38 | 59.26 | 47.64 | -8.42 | -38.69 | 212.17 | -40.0 | -37.98 | 33.72 | 11.14 | -56.29 | 226.09 | -39.75 | -34.02 |
| 23Q1 (17) | 1.75 | 59.09 | 50.86 | 0.26 | 116.67 | -25.71 | 52.02 | -37.38 | -33.95 | 353.60 | -51.99 | 36.65 | 30.34 | -58.27 | -52.33 | 375.27 | -49.75 | 37.02 |
| 22Q4 (16) | 1.10 | 17.02 | -24.66 | 0.12 | -29.41 | -78.18 | 83.07 | -14.29 | 33.51 | 736.45 | 34.61 | 341.2 | 72.71 | -23.4 | 42.37 | 746.81 | 36.01 | 319.39 |
| 22Q3 (15) | 0.94 | -19.66 | -47.49 | 0.17 | -37.04 | -73.02 | 96.92 | 24.74 | 90.86 | 547.08 | 59.91 | 278.89 | 94.92 | 23.03 | 82.85 | 549.09 | 60.24 | 283.28 |
| 22Q2 (14) | 1.17 | 0.86 | -35.36 | 0.27 | -22.86 | -55.74 | 77.70 | -1.35 | 54.2 | 342.12 | 32.22 | 128.32 | 77.15 | 21.21 | 31.86 | 342.67 | 25.12 | 141.79 |
| 22Q1 (13) | 1.16 | -20.55 | -26.58 | 0.35 | -36.36 | -38.6 | 78.76 | 26.58 | 36.69 | 258.76 | 55.02 | 62.73 | 63.65 | 24.63 | -13.75 | 273.88 | 53.8 | 91.75 |
| 21Q4 (12) | 1.46 | -18.44 | -21.51 | 0.55 | -12.7 | -35.29 | 62.22 | 22.53 | 27.16 | 166.92 | 15.6 | 56.45 | 51.07 | -1.62 | -8.82 | 178.07 | 24.3 | 78.79 |
| 21Q3 (11) | 1.79 | -1.1 | -0.56 | 0.63 | 3.28 | -20.25 | 50.78 | 0.77 | 0.57 | 144.39 | -3.64 | 24.96 | 51.91 | -11.28 | -3.04 | 143.26 | 1.09 | 27.33 |
| 21Q2 (10) | 1.81 | 14.56 | -8.12 | 0.61 | 7.02 | -8.96 | 50.39 | -12.55 | 8.88 | 149.84 | -5.77 | 10.87 | 58.51 | -20.72 | 26.67 | 141.72 | -0.78 | 4.78 |
| 21Q1 (9) | 1.58 | -15.05 | 21.54 | 0.57 | -32.94 | 23.91 | 57.62 | 17.76 | -17.43 | 159.01 | 49.04 | -19.95 | 73.80 | 31.76 | 35.29 | 142.83 | 43.4 | -33.22 |
| 20Q4 (8) | 1.86 | 3.33 | 9.41 | 0.85 | 7.59 | 57.41 | 48.93 | -3.09 | -8.46 | 106.69 | -7.67 | -36.64 | 56.01 | 4.61 | 57.95 | 99.60 | -11.47 | -46.56 |
| 20Q3 (7) | 1.80 | -8.63 | -13.46 | 0.79 | 17.91 | 88.1 | 50.49 | 9.1 | 15.41 | 115.55 | -14.5 | -46.67 | 53.54 | 15.91 | 78.23 | 112.51 | -16.81 | -51.16 |
| 20Q2 (6) | 1.97 | 51.54 | 26.28 | 0.67 | 45.65 | 131.03 | 46.28 | -33.68 | -20.9 | 135.15 | -31.97 | -56.47 | 46.19 | -15.33 | 55.16 | 135.25 | -36.76 | -60.13 |
| 20Q1 (5) | 1.30 | -23.53 | 1.56 | 0.46 | -14.81 | 84.0 | 69.78 | 30.55 | -1.59 | 198.65 | 17.96 | -46.05 | 54.55 | 53.84 | 8.75 | 213.88 | 14.75 | -45.01 |
| 19Q4 (4) | 1.70 | -18.27 | 0.0 | 0.54 | 28.57 | 0.0 | 53.45 | 22.17 | 0.0 | 168.40 | -22.28 | 0.0 | 35.46 | 18.04 | 0.0 | 186.39 | -19.09 | 0.0 |
| 19Q3 (3) | 2.08 | 33.33 | 0.0 | 0.42 | 44.83 | 0.0 | 43.75 | -25.23 | 0.0 | 216.68 | -30.21 | 0.0 | 30.04 | 0.91 | 0.0 | 230.38 | -32.09 | 0.0 |
| 19Q2 (2) | 1.56 | 21.88 | 0.0 | 0.29 | 16.0 | 0.0 | 58.51 | -17.49 | 0.0 | 310.48 | -15.67 | 0.0 | 29.77 | -40.65 | 0.0 | 339.22 | -12.79 | 0.0 |
| 19Q1 (1) | 1.28 | 0.0 | 0.0 | 0.25 | 0.0 | 0.0 | 70.91 | 0.0 | 0.0 | 368.19 | 0.0 | 0.0 | 50.16 | 0.0 | 0.0 | 388.95 | 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) | 8.42 | 118.7 | 1.56 | 83.53 | 43.37 | -54.21 | 234.49 | -45.57 | 32.76 | -46.14 | 245.09 | -47.26 |
| 2022 (9) | 3.85 | -41.13 | 0.85 | -66.8 | 94.71 | 69.7 | 430.82 | 201.8 | 60.82 | 11.72 | 464.71 | 222.47 |
| 2021 (8) | 6.54 | 4.31 | 2.56 | -7.25 | 55.81 | -4.09 | 142.75 | 8.05 | 54.44 | 3.73 | 144.11 | 4.55 |
| 2020 (7) | 6.27 | 9.62 | 2.76 | 80.39 | 58.19 | -8.85 | 132.12 | -44.62 | 52.48 | 2.62 | 137.84 | -45.15 |
| 2019 (6) | 5.72 | 13.04 | 1.53 | -1.29 | 63.84 | -11.55 | 238.59 | 1.22 | 51.14 | -10.84 | 251.29 | 0.3 |
| 2018 (5) | 5.06 | 68.11 | 1.55 | -13.89 | 72.18 | -40.54 | 235.71 | 15.98 | 57.36 | -18.77 | 250.53 | -1.37 |
| 2017 (4) | 3.01 | -5.05 | 1.80 | -14.69 | 121.40 | 5.58 | 203.23 | 17.48 | 70.61 | 1.41 | 254.02 | 16.34 |
| 2016 (3) | 3.17 | -22.3 | 2.11 | 15.3 | 114.98 | 28.54 | 172.99 | -13.14 | 69.63 | 5.77 | 218.34 | -1.99 |
| 2015 (2) | 4.08 | -29.29 | 1.83 | -13.27 | 89.45 | 41.47 | 199.16 | 15.18 | 65.83 | 21.37 | 222.78 | 22.48 |
| 2014 (1) | 5.77 | 16.57 | 2.11 | -10.21 | 63.23 | -14.18 | 172.91 | 11.1 | 54.24 | 3.61 | 181.89 | 2.77 |
