- 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) | 0.80 | 2.56 | -3.61 | 1.32 | 14.78 | -15.38 | 113.65 | -2.93 | 3.1 | 68.86 | -12.92 | 17.99 | 48.40 | 3.64 | 16.8 | 134.11 | -10.27 | 5.47 |
| 23Q3 (19) | 0.78 | 13.04 | 0.0 | 1.15 | 5.5 | -4.17 | 117.08 | -10.66 | 0.22 | 79.08 | -4.89 | 4.27 | 46.70 | 3.0 | -0.38 | 149.46 | -11.49 | 2.52 |
| 23Q2 (18) | 0.69 | 4.55 | 15.0 | 1.09 | -11.38 | 5.83 | 131.05 | -4.67 | -13.9 | 83.15 | 12.32 | -5.71 | 45.34 | -10.32 | -27.0 | 168.86 | 4.92 | -5.28 |
| 23Q1 (17) | 0.66 | -20.48 | 20.0 | 1.23 | -21.15 | -0.81 | 137.47 | 24.71 | -16.76 | 74.03 | 26.85 | 1.18 | 50.56 | 22.01 | -19.77 | 160.94 | 26.57 | -8.19 |
| 22Q4 (16) | 0.83 | 6.41 | -2.35 | 1.56 | 30.0 | -12.85 | 110.23 | -5.64 | 2.49 | 58.36 | -23.05 | 14.7 | 41.44 | -11.6 | -1.17 | 127.15 | -12.78 | 9.14 |
| 22Q3 (15) | 0.78 | 30.0 | -14.29 | 1.20 | 16.5 | -21.05 | 116.82 | -23.25 | 16.54 | 75.84 | -14.0 | 27.04 | 46.88 | -24.52 | 12.05 | 145.78 | -18.23 | 23.44 |
| 22Q2 (14) | 0.60 | 9.09 | -18.92 | 1.03 | -16.94 | -20.77 | 152.20 | -7.84 | 23.18 | 88.19 | 20.53 | 25.75 | 62.11 | -1.44 | 13.69 | 178.28 | 1.71 | 28.19 |
| 22Q1 (13) | 0.55 | -35.29 | 17.02 | 1.24 | -30.73 | -12.68 | 165.15 | 53.56 | -14.45 | 73.17 | 43.81 | 14.4 | 63.02 | 50.3 | -21.66 | 175.29 | 50.46 | -0.72 |
| 21Q4 (12) | 0.85 | -6.59 | 2.41 | 1.79 | 17.76 | -35.84 | 107.55 | 7.29 | -2.11 | 50.88 | -14.77 | 55.79 | 41.93 | 0.22 | -7.01 | 116.50 | -1.35 | 19.56 |
| 21Q3 (11) | 0.91 | 22.97 | 7.06 | 1.52 | 16.92 | -20.0 | 100.24 | -18.87 | -6.43 | 59.70 | -14.87 | 24.43 | 41.84 | -23.41 | -3.26 | 118.10 | -15.08 | 5.58 |
| 21Q2 (10) | 0.74 | 57.45 | -23.71 | 1.30 | -8.45 | -20.25 | 123.56 | -36.0 | 31.46 | 70.13 | 9.65 | 25.84 | 54.63 | -32.09 | 41.53 | 139.07 | -21.24 | 25.15 |
| 21Q1 (9) | 0.47 | -43.37 | 6.82 | 1.42 | -49.1 | 51.06 | 193.05 | 75.71 | -5.88 | 63.96 | 95.84 | -34.26 | 80.44 | 78.4 | 8.57 | 176.57 | 81.21 | -22.67 |
| 20Q4 (8) | 0.83 | -2.35 | 23.88 | 2.79 | 46.84 | 87.25 | 109.87 | 2.56 | -19.7 | 32.66 | -31.93 | -46.64 | 45.09 | 4.25 | -27.17 | 97.44 | -12.89 | -28.42 |
| 20Q3 (7) | 0.85 | -12.37 | 23.19 | 1.90 | 16.56 | 37.68 | 107.13 | 13.98 | -18.82 | 47.98 | -13.91 | -26.98 | 43.25 | 12.05 | -41.2 | 111.86 | 0.67 | -9.88 |
| 20Q2 (6) | 0.97 | 120.45 | 40.58 | 1.63 | 73.4 | 8.67 | 93.99 | -54.18 | -29.01 | 55.73 | -42.72 | -7.96 | 38.60 | -47.9 | -32.56 | 111.12 | -51.33 | -18.11 |
| 20Q1 (5) | 0.44 | -34.33 | -13.73 | 0.94 | -36.91 | -25.98 | 205.12 | 49.91 | 14.69 | 97.29 | 58.94 | 35.67 | 74.09 | 19.67 | -7.53 | 228.33 | 67.73 | 33.98 |
| 19Q4 (4) | 0.67 | -2.9 | 0.0 | 1.49 | 7.97 | 0.0 | 136.83 | 3.69 | 0.0 | 61.21 | -6.85 | 0.0 | 61.91 | -15.83 | 0.0 | 136.13 | 9.68 | 0.0 |
| 19Q3 (3) | 0.69 | 0.0 | 0.0 | 1.38 | -8.0 | 0.0 | 131.96 | -0.33 | 0.0 | 65.71 | 8.52 | 0.0 | 73.55 | 28.49 | 0.0 | 124.12 | -8.53 | 0.0 |
| 19Q2 (2) | 0.69 | 35.29 | 0.0 | 1.50 | 18.11 | 0.0 | 132.40 | -25.97 | 0.0 | 60.55 | -15.56 | 0.0 | 57.24 | -28.56 | 0.0 | 135.70 | -20.37 | 0.0 |
| 19Q1 (1) | 0.51 | 0.0 | 0.0 | 1.27 | 0.0 | 0.0 | 178.84 | 0.0 | 0.0 | 71.71 | 0.0 | 0.0 | 80.12 | 0.0 | 0.0 | 170.42 | 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) | 2.51 | 5.46 | 4.92 | -6.11 | 145.51 | -5.06 | 74.25 | 6.57 | 58.32 | -3.36 | 161.43 | -0.71 |
| 2022 (9) | 2.38 | 3.48 | 5.24 | -21.08 | 153.26 | -3.42 | 69.67 | 26.79 | 60.35 | -10.35 | 162.58 | 11.13 |
| 2021 (8) | 2.30 | -7.63 | 6.64 | -16.48 | 158.68 | 8.33 | 54.95 | 19.66 | 67.32 | 10.51 | 146.30 | 11.27 |
| 2020 (7) | 2.49 | 8.26 | 7.95 | 31.84 | 146.48 | -7.63 | 45.92 | -24.17 | 60.92 | -19.15 | 131.48 | -8.56 |
| 2019 (6) | 2.30 | 4.55 | 6.03 | -17.51 | 158.58 | -4.51 | 60.56 | 21.34 | 75.35 | -19.46 | 143.79 | 17.45 |
| 2018 (5) | 2.20 | -14.4 | 7.31 | -26.97 | 166.07 | 16.98 | 49.91 | 36.89 | 93.56 | 20.66 | 122.43 | 21.35 |
| 2017 (4) | 2.57 | -5.86 | 10.01 | 30.85 | 141.97 | 6.35 | 36.46 | -23.63 | 77.54 | 11.1 | 100.89 | -9.47 |
| 2016 (3) | 2.73 | 28.77 | 7.65 | 57.41 | 133.49 | -22.55 | 47.74 | -36.47 | 69.79 | -25.53 | 111.44 | -27.54 |
| 2015 (2) | 2.12 | -20.0 | 4.86 | -37.45 | 172.36 | 25.17 | 75.15 | 59.96 | 93.72 | 31.43 | 153.79 | 35.64 |
| 2014 (1) | 2.65 | 3.92 | 7.77 | 4.3 | 137.70 | -3.81 | 46.98 | -4.1 | 71.31 | 13.79 | 113.38 | -12.43 |
