- 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) | 0.86 | -5.49 | -5.49 | 0.41 | -10.87 | -12.77 | 105.30 | 4.97 | 5.73 | 222.74 | 12.55 | 15.55 | 101.29 | -14.33 | 64.35 | 226.75 | 25.99 | -1.72 |
| 23Q3 (19) | 0.91 | -4.21 | 26.39 | 0.46 | -20.69 | 39.39 | 100.31 | 5.04 | -20.82 | 197.90 | 26.12 | -28.64 | 118.23 | 22.54 | 45.25 | 179.98 | 15.42 | -44.21 |
| 23Q2 (18) | 0.95 | 0.0 | 28.38 | 0.58 | 1.75 | 81.25 | 95.50 | -0.65 | -22.4 | 156.91 | -2.11 | -44.73 | 96.48 | 38.62 | 5.7 | 155.93 | -16.53 | -50.61 |
| 23Q1 (17) | 0.95 | 4.4 | 33.8 | 0.57 | 21.28 | 78.12 | 96.12 | -3.48 | -25.16 | 160.30 | -16.84 | -44.16 | 69.60 | 12.93 | -32.33 | 186.82 | -19.03 | -40.24 |
| 22Q4 (16) | 0.91 | 26.39 | 9.64 | 0.47 | 42.42 | 30.56 | 99.59 | -21.39 | -9.69 | 192.77 | -30.49 | -23.02 | 61.63 | -24.29 | -34.05 | 230.73 | -28.48 | -13.66 |
| 22Q3 (15) | 0.72 | -2.7 | -20.88 | 0.33 | 3.13 | -19.51 | 126.69 | 2.95 | 26.55 | 277.33 | -2.32 | 23.85 | 81.40 | -10.82 | -31.37 | 322.62 | 2.19 | 57.04 |
| 22Q2 (14) | 0.74 | 4.23 | -30.19 | 0.32 | 0.0 | -33.33 | 123.06 | -4.18 | 42.99 | 283.91 | -1.1 | 50.47 | 91.28 | -11.25 | -33.19 | 315.70 | 0.98 | 128.6 |
| 22Q1 (13) | 0.71 | -14.46 | -43.65 | 0.32 | -11.11 | -48.39 | 128.43 | 16.46 | 77.98 | 287.06 | 14.63 | 94.74 | 102.85 | 10.06 | -12.21 | 312.64 | 16.99 | 205.22 |
| 21Q4 (12) | 0.83 | -8.79 | -21.7 | 0.36 | -12.2 | -43.75 | 110.28 | 10.16 | 28.38 | 250.42 | 11.83 | 76.8 | 93.45 | -21.21 | -28.4 | 267.24 | 30.08 | 175.42 |
| 21Q3 (11) | 0.91 | -14.15 | -28.91 | 0.41 | -14.58 | -57.73 | 100.11 | 16.33 | 41.18 | 223.93 | 18.68 | 137.64 | 118.60 | -13.2 | 23.94 | 205.44 | 48.76 | 195.81 |
| 21Q2 (10) | 1.06 | -15.87 | -14.52 | 0.48 | -22.58 | -44.19 | 86.06 | 19.26 | 17.71 | 188.68 | 28.0 | 77.73 | 136.63 | 16.63 | 50.32 | 138.10 | 34.82 | 56.26 |
| 21Q1 (9) | 1.26 | 18.87 | 27.27 | 0.62 | -3.13 | 5.08 | 72.16 | -16.0 | -21.88 | 147.41 | 4.07 | -4.15 | 117.15 | -10.24 | 2.76 | 102.43 | 5.57 | -22.5 |
| 20Q4 (8) | 1.06 | -17.19 | 7.07 | 0.64 | -34.02 | 3.23 | 85.90 | 21.14 | -6.75 | 141.64 | 50.31 | -3.31 | 130.51 | 36.39 | 18.8 | 97.03 | 39.71 | -24.64 |
| 20Q3 (7) | 1.28 | 3.23 | 30.61 | 0.97 | 12.79 | 56.45 | 70.91 | -3.01 | -23.94 | 94.23 | -11.24 | -35.47 | 95.69 | 5.28 | -15.51 | 69.45 | -21.42 | -44.88 |
| 20Q2 (6) | 1.24 | 25.25 | 22.77 | 0.86 | 45.76 | 36.51 | 73.11 | -20.85 | -19.09 | 106.16 | -30.97 | -26.56 | 90.89 | -20.27 | -15.24 | 88.38 | -33.13 | -30.79 |
| 20Q1 (5) | 0.99 | 0.0 | -11.61 | 0.59 | -4.84 | -1.67 | 92.37 | 0.27 | 13.55 | 153.79 | 4.98 | 1.08 | 114.00 | 3.77 | 4.46 | 132.16 | 2.64 | 6.26 |
| 19Q4 (4) | 0.99 | 1.02 | 0.0 | 0.62 | 0.0 | 0.0 | 92.12 | -1.19 | 0.0 | 146.49 | 0.32 | 0.0 | 109.86 | -2.99 | 0.0 | 128.76 | 2.19 | 0.0 |
| 19Q3 (3) | 0.98 | -2.97 | 0.0 | 0.62 | -1.59 | 0.0 | 93.23 | 3.18 | 0.0 | 146.02 | 1.01 | 0.0 | 113.25 | 5.61 | 0.0 | 126.00 | -1.32 | 0.0 |
| 19Q2 (2) | 1.01 | -9.82 | 0.0 | 0.63 | 5.0 | 0.0 | 90.36 | 11.08 | 0.0 | 144.56 | -4.99 | 0.0 | 107.23 | -1.74 | 0.0 | 127.69 | 2.67 | 0.0 |
| 19Q1 (1) | 1.12 | 0.0 | 0.0 | 0.60 | 0.0 | 0.0 | 81.35 | 0.0 | 0.0 | 152.15 | 0.0 | 0.0 | 109.13 | 0.0 | 0.0 | 124.37 | 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) | 3.62 | 21.48 | 2.00 | 32.45 | 100.88 | -17.76 | 182.15 | -24.85 | 68.37 | -23.8 | 214.65 | -22.04 |
| 2022 (9) | 2.98 | -26.42 | 1.51 | -17.49 | 122.67 | 36.01 | 242.38 | 21.43 | 89.72 | -23.93 | 275.32 | 60.2 |
| 2021 (8) | 4.05 | -20.43 | 1.83 | -28.24 | 90.19 | 25.81 | 199.61 | 39.44 | 117.94 | 3.39 | 171.86 | 70.53 |
| 2020 (7) | 5.09 | 18.1 | 2.55 | 7.14 | 71.69 | -15.43 | 143.15 | -6.82 | 114.07 | -1.69 | 100.78 | -17.64 |
| 2019 (6) | 4.31 | -10.58 | 2.38 | -3.25 | 84.77 | 11.88 | 153.63 | 3.66 | 116.03 | -6.98 | 122.37 | 23.31 |
| 2018 (5) | 4.82 | -0.41 | 2.46 | -1.2 | 75.77 | 0.41 | 148.20 | 1.13 | 124.73 | -5.86 | 99.24 | 10.87 |
| 2017 (4) | 4.84 | 2.33 | 2.49 | 12.67 | 75.46 | -2.19 | 146.55 | -11.36 | 132.50 | -0.12 | 89.51 | -18.5 |
| 2016 (3) | 4.73 | -6.89 | 2.21 | 1.38 | 77.15 | 7.48 | 165.33 | -1.32 | 132.66 | 14.59 | 109.83 | -11.11 |
| 2015 (2) | 5.08 | -19.62 | 2.18 | -20.73 | 71.78 | 24.34 | 167.54 | 26.28 | 115.77 | 18.63 | 123.56 | 33.13 |
| 2014 (1) | 6.32 | 8.97 | 2.75 | -2.14 | 57.73 | -8.34 | 132.67 | 2.18 | 97.59 | -16.32 | 92.81 | 21.8 |
