- 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) | 1.79 | 21.77 | -6.28 | 0.26 | 30.0 | 36.84 | 50.85 | -17.76 | 6.56 | 355.60 | -22.83 | -25.32 | 1.91 | 18.63 | -83.04 | 404.53 | -22.36 | -21.08 |
| 23Q3 (19) | 1.47 | -35.81 | -26.13 | 0.20 | -4.76 | 17.65 | 61.83 | 55.39 | 35.27 | 460.81 | 4.8 | -12.52 | 1.61 | 323.68 | -93.99 | 521.03 | 8.75 | -4.52 |
| 23Q2 (18) | 2.29 | 1.33 | -9.49 | 0.21 | 50.0 | 23.53 | 39.79 | -1.39 | 10.53 | 439.69 | -33.12 | -17.82 | 0.38 | -79.12 | -98.81 | 479.10 | -31.16 | -11.14 |
| 23Q1 (17) | 2.26 | 18.32 | 15.31 | 0.14 | -26.32 | -44.0 | 40.35 | -15.44 | -12.89 | 657.42 | 38.07 | 77.23 | 1.82 | -83.84 | -92.75 | 695.95 | 35.77 | 77.47 |
| 22Q4 (16) | 1.91 | -4.02 | -12.79 | 0.19 | 11.76 | -44.12 | 47.72 | 4.4 | 14.96 | 476.15 | -9.61 | 77.62 | 11.26 | -57.95 | -52.13 | 512.61 | -6.07 | 79.2 |
| 22Q3 (15) | 1.99 | -21.34 | -27.37 | 0.17 | 0.0 | -59.52 | 45.71 | 26.97 | 37.52 | 526.79 | -1.55 | 144.89 | 26.78 | -16.0 | 20.79 | 545.71 | 1.21 | 141.27 |
| 22Q2 (14) | 2.53 | 29.08 | -19.17 | 0.17 | -32.0 | -65.31 | 36.00 | -22.28 | 23.8 | 535.06 | 44.24 | 188.38 | 31.88 | 27.01 | 25.22 | 539.18 | 37.49 | 185.04 |
| 22Q1 (13) | 1.96 | -10.5 | -37.78 | 0.25 | -26.47 | -60.32 | 46.32 | 11.59 | 60.22 | 370.94 | 38.37 | 155.12 | 25.10 | 6.72 | -20.57 | 392.16 | 37.09 | 174.8 |
| 21Q4 (12) | 2.19 | -20.07 | -24.22 | 0.34 | -19.05 | -60.0 | 41.51 | 24.88 | 31.95 | 268.07 | 24.62 | 150.53 | 23.52 | 6.09 | -14.25 | 286.06 | 26.47 | 157.64 |
| 21Q3 (11) | 2.74 | -12.46 | 4.58 | 0.42 | -14.29 | -43.24 | 33.24 | 14.31 | -4.18 | 215.11 | 15.94 | 74.64 | 22.17 | -12.92 | -22.7 | 226.18 | 19.57 | 75.09 |
| 21Q2 (10) | 3.13 | -0.63 | 37.28 | 0.49 | -22.22 | -25.76 | 29.08 | 0.59 | -27.03 | 185.54 | 27.61 | 33.78 | 25.46 | -19.43 | -8.88 | 189.16 | 32.55 | 25.61 |
| 21Q1 (9) | 3.15 | 9.0 | 95.65 | 0.63 | -25.88 | 23.53 | 28.91 | -8.11 | -48.87 | 145.40 | 35.89 | -18.08 | 31.60 | 15.2 | 21.73 | 142.71 | 28.53 | -31.41 |
| 20Q4 (8) | 2.89 | 10.31 | 14.68 | 0.85 | 14.86 | 25.0 | 31.46 | -9.31 | -12.9 | 107.00 | -13.13 | -20.19 | 27.43 | -4.36 | 124.84 | 111.03 | -14.05 | -29.72 |
| 20Q3 (7) | 2.62 | 14.91 | 43.96 | 0.74 | 12.12 | 39.62 | 34.69 | -12.95 | -30.43 | 123.17 | -11.19 | -27.59 | 28.68 | 2.65 | 129.44 | 129.18 | -14.22 | -37.74 |
| 20Q2 (6) | 2.28 | 41.61 | 10.14 | 0.66 | 29.41 | 32.0 | 39.85 | -29.52 | -9.41 | 138.69 | -21.86 | -23.14 | 27.94 | 7.63 | 74.52 | 150.59 | -27.63 | -27.75 |
| 20Q1 (5) | 1.61 | -36.11 | 7.33 | 0.51 | -25.0 | 4.08 | 56.54 | 56.53 | -6.64 | 177.50 | 32.39 | -4.01 | 25.96 | 112.79 | -14.69 | 208.07 | 31.7 | -3.24 |
| 19Q4 (4) | 2.52 | 38.46 | 0.0 | 0.68 | 28.3 | 0.0 | 36.12 | -27.56 | 0.0 | 134.07 | -21.19 | 0.0 | 12.20 | -2.4 | 0.0 | 157.99 | -23.85 | 0.0 |
| 19Q3 (3) | 1.82 | -12.08 | 0.0 | 0.53 | 6.0 | 0.0 | 49.86 | 13.34 | 0.0 | 170.11 | -5.72 | 0.0 | 12.50 | -21.92 | 0.0 | 207.47 | -0.46 | 0.0 |
| 19Q2 (2) | 2.07 | 38.0 | 0.0 | 0.50 | 2.04 | 0.0 | 43.99 | -27.36 | 0.0 | 180.44 | -2.42 | 0.0 | 16.01 | -47.39 | 0.0 | 208.42 | -3.08 | 0.0 |
| 19Q1 (1) | 1.50 | 0.0 | 0.0 | 0.49 | 0.0 | 0.0 | 60.56 | 0.0 | 0.0 | 184.91 | 0.0 | 0.0 | 30.43 | 0.0 | 0.0 | 215.04 | 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) | 6.87 | 14.88 | 0.79 | 0.0 | 53.12 | -12.98 | 462.01 | -0.11 | 2.26 | -87.22 | 512.88 | 1.38 |
| 2022 (9) | 5.98 | -38.03 | 0.79 | -55.11 | 61.04 | 61.4 | 462.54 | 122.94 | 17.69 | -41.77 | 505.89 | 135.4 |
| 2021 (8) | 9.65 | 3.99 | 1.76 | -39.52 | 37.82 | -3.84 | 207.47 | 65.47 | 30.38 | 23.05 | 214.91 | 53.47 |
| 2020 (7) | 9.28 | 51.39 | 2.91 | 28.19 | 39.33 | -33.9 | 125.38 | -21.94 | 24.69 | -14.0 | 140.03 | -26.84 |
| 2019 (6) | 6.13 | -6.7 | 2.27 | -11.33 | 59.50 | 7.09 | 160.61 | 12.65 | 28.71 | 14.93 | 191.40 | 10.53 |
| 2018 (5) | 6.57 | -9.63 | 2.56 | -19.75 | 55.56 | 10.7 | 142.58 | 24.6 | 24.98 | 143.0 | 173.16 | 12.19 |
| 2017 (4) | 7.27 | -30.23 | 3.19 | -5.62 | 50.19 | 43.28 | 114.43 | 5.92 | 10.28 | 28.82 | 154.34 | 14.27 |
| 2016 (3) | 10.42 | 24.94 | 3.38 | 16.96 | 35.03 | -19.97 | 108.03 | -14.45 | 7.98 | -53.14 | 135.07 | -11.72 |
| 2015 (2) | 8.34 | 14.56 | 2.89 | -39.03 | 43.77 | -12.76 | 126.27 | 63.9 | 17.03 | -44.36 | 153.01 | 58.41 |
| 2014 (1) | 7.28 | 16.85 | 4.74 | -16.4 | 50.17 | -14.43 | 77.04 | 19.65 | 30.61 | -12.67 | 96.59 | 9.79 |
