- 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) | 0.82 | 3.8 | 2.5 | 0.44 | -12.0 | -43.59 | 111.60 | -3.26 | -1.55 | 207.57 | 14.16 | 78.68 | 14.61 | -1.88 | 21.45 | 304.55 | 7.88 | 40.02 |
| 23Q3 (19) | 0.79 | -18.56 | -17.71 | 0.50 | -13.79 | -71.43 | 115.36 | 22.75 | 21.16 | 181.82 | 14.97 | 250.53 | 14.89 | 42.49 | 51.94 | 282.30 | 16.81 | 105.62 |
| 23Q2 (18) | 0.97 | 38.57 | -11.01 | 0.58 | 45.0 | -72.64 | 93.98 | -27.4 | 12.55 | 158.15 | -30.65 | 267.96 | 10.45 | -36.16 | -51.87 | 241.68 | -29.15 | 130.68 |
| 23Q1 (17) | 0.70 | -12.5 | 2.94 | 0.40 | -48.72 | -70.15 | 129.45 | 14.19 | -3.85 | 228.04 | 96.3 | 236.54 | 16.37 | 36.08 | -56.56 | 341.12 | 56.84 | 107.1 |
| 22Q4 (16) | 0.80 | -16.67 | 48.15 | 0.78 | -55.43 | -40.91 | 113.36 | 19.06 | -32.76 | 116.17 | 123.96 | 68.26 | 12.03 | 22.76 | -58.93 | 217.50 | 58.42 | 4.4 |
| 22Q3 (15) | 0.96 | -11.93 | 65.52 | 1.75 | -17.45 | -12.94 | 95.21 | 14.02 | -39.44 | 51.87 | 20.68 | 14.3 | 9.80 | -54.86 | -65.43 | 137.29 | 31.04 | -21.21 |
| 22Q2 (14) | 1.09 | 60.29 | 73.02 | 2.12 | 58.21 | -3.64 | 83.50 | -37.98 | -42.04 | 42.98 | -36.57 | 3.84 | 21.71 | -42.38 | -3.08 | 104.77 | -36.39 | -35.75 |
| 22Q1 (13) | 0.68 | 25.93 | 44.68 | 1.34 | 1.52 | -19.76 | 134.63 | -20.14 | -30.0 | 67.76 | -1.85 | 24.7 | 37.68 | 28.64 | 25.56 | 164.71 | -20.94 | -23.98 |
| 21Q4 (12) | 0.54 | -6.9 | -10.0 | 1.32 | -34.33 | -36.54 | 168.59 | 7.24 | 11.75 | 69.04 | 52.14 | 58.09 | 29.29 | 3.32 | 9.91 | 208.34 | 19.57 | 24.09 |
| 21Q3 (11) | 0.58 | -7.94 | 7.41 | 2.01 | -8.64 | 27.22 | 157.21 | 9.12 | -6.66 | 45.38 | 9.64 | -21.35 | 28.35 | 26.56 | 10.27 | 174.24 | 6.86 | -13.06 |
| 21Q2 (10) | 0.63 | 34.04 | 57.5 | 2.20 | 31.74 | 45.7 | 144.07 | -25.1 | -37.33 | 41.39 | -23.83 | -31.48 | 22.40 | -25.36 | -42.64 | 163.06 | -24.75 | -35.1 |
| 21Q1 (9) | 0.47 | -21.67 | -21.67 | 1.67 | -19.71 | -39.71 | 192.34 | 27.49 | 25.93 | 54.34 | 24.43 | 65.57 | 30.01 | 12.61 | -7.63 | 216.68 | 29.05 | 41.57 |
| 20Q4 (8) | 0.60 | 11.11 | 0.0 | 2.08 | 31.65 | -22.39 | 150.87 | -10.43 | -0.06 | 43.67 | -24.32 | 28.48 | 26.65 | 3.66 | 5.13 | 167.90 | -16.23 | 5.19 |
| 20Q3 (7) | 0.54 | 35.0 | 3.85 | 1.58 | 4.64 | -24.4 | 168.43 | -26.73 | -3.13 | 57.70 | -4.49 | 32.46 | 25.71 | -34.16 | 5.37 | 200.42 | -20.22 | 3.83 |
| 20Q2 (6) | 0.40 | -33.33 | -36.51 | 1.51 | -45.49 | -37.34 | 229.87 | 50.51 | 60.07 | 60.41 | 84.06 | 60.11 | 39.05 | 20.19 | 73.25 | 251.23 | 64.14 | 58.21 |
| 20Q1 (5) | 0.60 | 0.0 | -3.23 | 2.77 | 3.36 | 24.77 | 152.73 | 1.17 | 4.03 | 32.82 | -3.44 | -19.87 | 32.49 | 28.17 | 53.25 | 153.06 | -4.1 | -8.12 |
| 19Q4 (4) | 0.60 | 15.38 | 0.0 | 2.68 | 28.23 | 0.0 | 150.96 | -13.18 | 0.0 | 33.99 | -21.97 | 0.0 | 25.35 | 3.89 | 0.0 | 159.61 | -17.31 | 0.0 |
| 19Q3 (3) | 0.52 | -17.46 | 0.0 | 2.09 | -13.28 | 0.0 | 173.87 | 21.07 | 0.0 | 43.56 | 15.45 | 0.0 | 24.40 | 8.25 | 0.0 | 193.03 | 21.56 | 0.0 |
| 19Q2 (2) | 0.63 | 1.61 | 0.0 | 2.41 | 8.56 | 0.0 | 143.61 | -2.19 | 0.0 | 37.73 | -7.89 | 0.0 | 22.54 | 6.32 | 0.0 | 158.80 | -4.68 | 0.0 |
| 19Q1 (1) | 0.62 | 0.0 | 0.0 | 2.22 | 0.0 | 0.0 | 146.82 | 0.0 | 0.0 | 40.96 | 0.0 | 0.0 | 21.20 | 0.0 | 0.0 | 166.59 | 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) | 2.89 | -20.17 | 1.58 | -52.41 | 126.36 | 25.28 | 230.54 | 109.52 | 14.95 | -7.09 | 341.95 | 75.53 |
| 2022 (9) | 3.62 | 56.03 | 3.32 | -48.92 | 100.86 | -35.82 | 110.03 | 96.03 | 16.09 | -42.37 | 194.81 | 5.1 |
| 2021 (8) | 2.32 | 6.91 | 6.50 | -32.5 | 157.15 | -6.77 | 56.13 | 48.06 | 27.92 | -20.25 | 185.36 | 8.1 |
| 2020 (7) | 2.17 | -11.07 | 9.63 | -5.22 | 168.57 | 12.76 | 37.91 | 5.54 | 35.01 | 33.42 | 171.47 | 7.71 |
| 2019 (6) | 2.44 | -14.69 | 10.16 | 23.15 | 149.50 | 17.28 | 35.92 | -18.82 | 26.24 | 21.03 | 159.19 | 6.1 |
| 2018 (5) | 2.86 | -1.38 | 8.25 | 26.53 | 127.47 | 1.12 | 44.25 | -20.91 | 21.68 | -37.34 | 150.04 | 1.78 |
| 2017 (4) | 2.90 | 0.0 | 6.52 | -6.32 | 126.06 | 0.25 | 55.95 | 6.63 | 34.60 | -1.42 | 147.41 | 3.0 |
| 2016 (3) | 2.90 | 0.69 | 6.96 | 13.17 | 125.74 | -0.78 | 52.47 | -11.58 | 35.10 | -12.95 | 143.11 | -1.81 |
| 2015 (2) | 2.88 | -6.19 | 6.15 | 5.31 | 126.73 | 6.52 | 59.34 | -5.04 | 40.32 | 1.87 | 145.75 | 2.73 |
| 2014 (1) | 3.07 | -6.97 | 5.84 | -3.79 | 118.97 | 7.49 | 62.49 | 3.89 | 39.58 | 10.65 | 141.88 | 5.05 |
