- 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) | 0.72 | -13.25 | 4.35 | 2.28 | -17.99 | 21.93 | 127.27 | 16.63 | -3.69 | 39.92 | 22.08 | -17.88 | 119.02 | 29.96 | 18.02 | 48.17 | -4.12 | -39.73 |
| 23Q3 (19) | 0.83 | -1.19 | 20.29 | 2.78 | 26.36 | 74.84 | 109.12 | 0.97 | -17.78 | 32.70 | -20.88 | -42.95 | 91.58 | 4.09 | -14.36 | 50.24 | -18.2 | -39.54 |
| 23Q2 (18) | 0.84 | 40.0 | 58.49 | 2.20 | 40.13 | 62.96 | 108.07 | -29.13 | -36.67 | 41.33 | -28.66 | -38.53 | 87.98 | -26.96 | -45.13 | 61.42 | -31.74 | -20.79 |
| 23Q1 (17) | 0.60 | -13.04 | -14.29 | 1.57 | -16.04 | -25.94 | 152.50 | 15.4 | 17.33 | 57.93 | 19.17 | 35.07 | 120.45 | 19.43 | -1.59 | 89.98 | 12.59 | 78.32 |
| 22Q4 (16) | 0.69 | 0.0 | -20.69 | 1.87 | 17.61 | -20.43 | 132.15 | -0.43 | 25.82 | 48.61 | -15.2 | 25.38 | 100.85 | -5.69 | 5.3 | 79.92 | -3.83 | 66.4 |
| 22Q3 (15) | 0.69 | 30.19 | 2.99 | 1.59 | 17.78 | -7.56 | 132.72 | -22.22 | -1.59 | 57.32 | -14.75 | 8.27 | 106.93 | -33.31 | -7.27 | 83.10 | 7.17 | 14.62 |
| 22Q2 (14) | 0.53 | -24.29 | -29.33 | 1.35 | -36.32 | -25.82 | 170.64 | 31.29 | 39.78 | 67.24 | 56.77 | 34.29 | 160.34 | 31.0 | 48.64 | 77.54 | 53.67 | 20.63 |
| 22Q1 (13) | 0.70 | -19.54 | 6.06 | 2.12 | -9.79 | 29.27 | 129.97 | 23.75 | -5.15 | 42.89 | 10.63 | -22.83 | 122.40 | 27.81 | -8.12 | 50.46 | 5.06 | -15.04 |
| 21Q4 (12) | 0.87 | 29.85 | 16.0 | 2.35 | 36.63 | -1.67 | 105.03 | -22.13 | -13.48 | 38.77 | -26.77 | 1.95 | 95.77 | -16.95 | -9.15 | 48.03 | -33.75 | -11.1 |
| 21Q3 (11) | 0.67 | -10.67 | -15.19 | 1.72 | -5.49 | -29.51 | 134.87 | 10.48 | 16.69 | 52.94 | 5.73 | 41.93 | 115.31 | 6.9 | 20.84 | 72.50 | 12.79 | 26.17 |
| 21Q2 (10) | 0.75 | 13.64 | -7.41 | 1.82 | 10.98 | -19.11 | 122.08 | -10.9 | 8.05 | 50.07 | -9.91 | 23.97 | 107.87 | -19.02 | 22.54 | 64.28 | 8.23 | -1.64 |
| 21Q1 (9) | 0.66 | -12.0 | 22.22 | 1.64 | -31.38 | 2.5 | 137.02 | 12.87 | -18.46 | 55.58 | 46.15 | -2.53 | 133.21 | 26.37 | 5.62 | 59.39 | 9.92 | -39.97 |
| 20Q4 (8) | 0.75 | -5.06 | 5.63 | 2.39 | -2.05 | 12.21 | 121.40 | 5.04 | -5.1 | 38.03 | 1.96 | -10.85 | 105.41 | 10.47 | 1.16 | 54.03 | -5.97 | -18.62 |
| 20Q3 (7) | 0.79 | -2.47 | 9.72 | 2.44 | 8.44 | 12.44 | 115.58 | 2.3 | -9.07 | 37.30 | -7.65 | -11.0 | 95.42 | 8.39 | -10.28 | 57.46 | -12.07 | -8.31 |
| 20Q2 (6) | 0.81 | 50.0 | 9.46 | 2.25 | 40.62 | -2.17 | 112.98 | -32.76 | -8.73 | 40.39 | -29.17 | 2.3 | 88.03 | -30.2 | -14.8 | 65.35 | -33.94 | 9.01 |
| 20Q1 (5) | 0.54 | -23.94 | -15.62 | 1.60 | -24.88 | -20.79 | 168.03 | 31.35 | 17.26 | 57.02 | 33.66 | 26.43 | 126.12 | 21.04 | 0.13 | 98.93 | 49.01 | 58.44 |
| 19Q4 (4) | 0.71 | -1.39 | 0.0 | 2.13 | -1.84 | 0.0 | 127.93 | 0.65 | 0.0 | 42.66 | 1.79 | 0.0 | 104.20 | -2.02 | 0.0 | 66.39 | 5.94 | 0.0 |
| 19Q3 (3) | 0.72 | -2.7 | 0.0 | 2.17 | -5.65 | 0.0 | 127.11 | 2.69 | 0.0 | 41.91 | 6.16 | 0.0 | 106.35 | 2.93 | 0.0 | 62.67 | 4.54 | 0.0 |
| 19Q2 (2) | 0.74 | 15.62 | 0.0 | 2.30 | 13.86 | 0.0 | 123.78 | -13.62 | 0.0 | 39.48 | -12.46 | 0.0 | 103.32 | -17.97 | 0.0 | 59.95 | -3.99 | 0.0 |
| 19Q1 (1) | 0.64 | 0.0 | 0.0 | 2.02 | 0.0 | 0.0 | 143.30 | 0.0 | 0.0 | 45.10 | 0.0 | 0.0 | 125.96 | 0.0 | 0.0 | 62.44 | 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) | 3.04 | 20.63 | 8.72 | 15.19 | 120.19 | -17.1 | 41.88 | -13.13 | 108.49 | -12.81 | 53.58 | -22.09 |
| 2022 (9) | 2.52 | -6.67 | 7.57 | -14.37 | 144.99 | 7.29 | 48.21 | 16.79 | 124.43 | 7.42 | 68.77 | 13.5 |
| 2021 (8) | 2.70 | 5.47 | 8.84 | 14.21 | 135.14 | -5.24 | 41.28 | -12.41 | 115.83 | -6.29 | 60.59 | -8.39 |
| 2020 (7) | 2.56 | -5.19 | 7.74 | -7.64 | 142.62 | 5.39 | 47.13 | 8.15 | 123.61 | 5.51 | 66.14 | 7.11 |
| 2019 (6) | 2.70 | -3.57 | 8.38 | -11.51 | 135.33 | 3.72 | 43.58 | 13.08 | 117.16 | 5.6 | 61.75 | 6.36 |
| 2018 (5) | 2.80 | -4.76 | 9.47 | 6.76 | 130.47 | 5.16 | 38.54 | -6.34 | 110.95 | 0.46 | 58.06 | 5.99 |
| 2017 (4) | 2.94 | -4.23 | 8.87 | -4.31 | 124.07 | 4.37 | 41.15 | 4.47 | 110.44 | 9.7 | 54.78 | -4.88 |
| 2016 (3) | 3.07 | 25.82 | 9.27 | 18.69 | 118.88 | -20.58 | 39.39 | -15.69 | 100.67 | -14.32 | 57.59 | -27.01 |
| 2015 (2) | 2.44 | -5.43 | 7.81 | -20.87 | 149.69 | 5.82 | 46.72 | 26.37 | 117.50 | 4.73 | 78.90 | 19.11 |
| 2014 (1) | 2.58 | 14.67 | 9.87 | 2.39 | 141.46 | -12.8 | 36.97 | -2.3 | 112.19 | -15.49 | 66.24 | -1.59 |
