- 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) | 1.03 | -8.04 | 37.33 | 0.76 | 2.7 | 46.15 | 87.94 | 8.41 | -27.3 | 120.27 | -2.48 | -31.33 | 133.21 | 3.63 | 106.3 | 75.00 | -1.19 | -67.61 |
| 23Q3 (19) | 1.12 | 24.44 | 7.69 | 0.74 | 10.45 | 60.87 | 81.12 | -19.36 | -7.65 | 123.33 | -9.71 | -37.62 | 128.55 | 15.41 | 166.92 | 75.90 | -39.67 | -68.03 |
| 23Q2 (18) | 0.90 | 32.35 | 12.5 | 0.67 | 31.37 | 123.33 | 100.60 | -25.17 | -11.94 | 136.60 | -24.11 | -55.0 | 111.39 | 12.88 | 69.23 | 125.81 | -41.69 | -64.26 |
| 23Q1 (17) | 0.68 | -9.33 | -5.56 | 0.51 | -1.92 | 54.55 | 134.44 | 11.13 | 6.74 | 179.99 | 2.77 | -34.42 | 98.68 | 52.83 | 39.22 | 215.75 | -6.82 | -34.52 |
| 22Q4 (16) | 0.75 | -27.88 | -31.82 | 0.52 | 13.04 | 15.56 | 120.97 | 37.72 | 46.49 | 175.14 | -11.41 | -14.06 | 64.57 | 34.07 | -18.8 | 231.55 | -2.46 | 11.94 |
| 22Q3 (15) | 1.04 | 30.0 | 20.93 | 0.46 | 53.33 | 53.33 | 87.84 | -23.11 | -16.73 | 197.70 | -34.87 | -35.55 | 48.16 | -26.83 | -73.39 | 237.39 | -32.55 | 2.67 |
| 22Q2 (14) | 0.80 | 11.11 | -13.04 | 0.30 | -9.09 | -47.37 | 114.24 | -9.3 | 15.73 | 303.55 | 10.61 | 91.76 | 65.82 | -7.14 | -47.0 | 351.97 | 6.82 | 165.02 |
| 22Q1 (13) | 0.72 | -34.55 | -24.21 | 0.33 | -26.67 | -56.0 | 125.95 | 52.52 | 31.6 | 274.44 | 34.66 | 126.08 | 70.88 | -10.87 | -36.06 | 329.51 | 59.29 | 210.13 |
| 21Q4 (12) | 1.10 | 27.91 | 22.22 | 0.45 | 50.0 | -45.78 | 82.58 | -21.72 | -18.54 | 203.80 | -33.56 | 85.53 | 79.52 | -56.07 | -33.04 | 206.86 | -10.53 | 123.73 |
| 21Q3 (11) | 0.86 | -6.52 | -32.28 | 0.30 | -47.37 | -73.45 | 105.49 | 6.87 | 47.33 | 306.74 | 93.77 | 280.38 | 181.01 | 45.74 | 102.27 | 231.21 | 74.09 | 268.46 |
| 21Q2 (10) | 0.92 | -3.16 | -23.33 | 0.57 | -24.0 | -32.14 | 98.71 | 3.13 | 29.92 | 158.30 | 30.41 | 46.44 | 124.20 | 12.04 | 56.9 | 132.81 | 25.0 | 26.58 |
| 21Q1 (9) | 0.95 | 5.56 | 6.74 | 0.75 | -9.64 | 29.31 | 95.71 | -5.59 | -6.39 | 121.39 | 10.51 | -23.24 | 110.85 | -6.66 | 30.52 | 106.25 | 14.91 | -39.44 |
| 20Q4 (8) | 0.90 | -29.13 | -15.09 | 0.83 | -26.55 | 40.68 | 101.38 | 41.59 | 17.71 | 109.85 | 36.22 | -29.31 | 118.76 | 32.71 | 26.27 | 92.46 | 47.35 | -37.31 |
| 20Q3 (7) | 1.27 | 5.83 | 11.4 | 1.13 | 34.52 | 82.26 | 71.60 | -5.76 | -10.37 | 80.64 | -25.4 | -44.77 | 89.49 | 13.05 | 30.47 | 62.75 | -40.19 | -60.11 |
| 20Q2 (6) | 1.20 | 34.83 | 8.11 | 0.84 | 44.83 | 55.56 | 75.98 | -25.68 | -7.26 | 108.10 | -31.64 | -35.33 | 79.16 | -6.79 | 65.02 | 104.92 | -40.2 | -47.83 |
| 20Q1 (5) | 0.89 | -16.04 | -14.42 | 0.58 | -1.69 | 28.89 | 102.24 | 18.7 | 16.78 | 158.14 | 1.76 | -22.59 | 84.93 | -9.7 | 31.06 | 175.45 | 18.97 | -22.73 |
| 19Q4 (4) | 1.06 | -7.02 | 0.0 | 0.59 | -4.84 | 0.0 | 86.13 | 7.82 | 0.0 | 155.40 | 6.42 | 0.0 | 94.05 | 37.12 | 0.0 | 147.48 | -6.25 | 0.0 |
| 19Q3 (3) | 1.14 | 2.7 | 0.0 | 0.62 | 14.81 | 0.0 | 79.88 | -2.5 | 0.0 | 146.02 | -12.65 | 0.0 | 68.59 | 42.99 | 0.0 | 157.32 | -21.78 | 0.0 |
| 19Q2 (2) | 1.11 | 6.73 | 0.0 | 0.54 | 20.0 | 0.0 | 81.93 | -6.42 | 0.0 | 167.16 | -18.18 | 0.0 | 47.97 | -25.97 | 0.0 | 201.12 | -11.42 | 0.0 |
| 19Q1 (1) | 1.04 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | 87.55 | 0.0 | 0.0 | 204.30 | 0.0 | 0.0 | 64.80 | 0.0 | 0.0 | 227.05 | 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) | 3.12 | 21.88 | 2.54 | 59.75 | 116.89 | -18.14 | 143.63 | -37.49 | 126.38 | 49.0 | 134.13 | -53.39 |
| 2022 (9) | 2.56 | -29.09 | 1.59 | -24.64 | 142.80 | 41.4 | 229.77 | 32.95 | 84.82 | -17.07 | 287.75 | 67.75 |
| 2021 (8) | 3.61 | -16.44 | 2.11 | -23.83 | 100.99 | 19.42 | 172.83 | 31.02 | 102.28 | -7.59 | 171.54 | 62.14 |
| 2020 (7) | 4.32 | 9.92 | 2.77 | 43.52 | 84.57 | -8.9 | 131.91 | -30.2 | 110.68 | 15.5 | 105.80 | -43.11 |
| 2019 (6) | 3.93 | 13.58 | 1.93 | 7.22 | 92.83 | -12.1 | 188.97 | -7.07 | 95.83 | 2.66 | 185.96 | -13.75 |
| 2018 (5) | 3.46 | 13.07 | 1.80 | -31.03 | 105.61 | -11.44 | 203.34 | 45.41 | 93.35 | 12.77 | 215.60 | 22.28 |
| 2017 (4) | 3.06 | -29.98 | 2.61 | -26.27 | 119.25 | 42.9 | 139.84 | 35.62 | 82.78 | 75.53 | 176.31 | 26.47 |
| 2016 (3) | 4.37 | -11.72 | 3.54 | 25.53 | 83.45 | 13.21 | 103.11 | -20.32 | 47.16 | -3.34 | 139.41 | -9.67 |
| 2015 (2) | 4.95 | -8.16 | 2.82 | -12.42 | 73.71 | 8.89 | 129.41 | 14.21 | 48.79 | -9.58 | 154.33 | 21.48 |
| 2014 (1) | 5.39 | -4.94 | 3.22 | -28.12 | 67.69 | 5.09 | 113.31 | 39.05 | 53.96 | -9.01 | 127.04 | 46.7 |
