- 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 | -18.18 | -7.69 | 1.29 | -0.77 | 8.4 | 126.83 | 22.18 | 9.34 | 70.54 | 0.81 | -8.1 | 60.88 | 33.51 | -0.96 | 136.48 | 6.47 | 3.95 |
| 23Q3 (19) | 0.88 | 20.55 | 8.64 | 1.30 | 56.63 | 10.17 | 103.81 | -17.04 | -7.4 | 69.97 | -36.19 | -9.05 | 45.60 | -40.81 | -3.1 | 128.19 | -18.74 | -9.7 |
| 23Q2 (18) | 0.73 | 8.96 | -1.35 | 0.83 | -10.75 | -13.54 | 125.13 | -8.01 | 1.99 | 109.66 | 11.72 | 15.96 | 77.04 | -10.67 | 70.71 | 157.75 | 6.63 | -8.35 |
| 23Q1 (17) | 0.67 | -14.1 | -17.28 | 0.93 | -21.85 | 1.09 | 136.02 | 17.26 | 20.95 | 98.16 | 27.88 | -0.29 | 86.24 | 40.3 | 56.43 | 147.94 | 12.68 | -5.03 |
| 22Q4 (16) | 0.78 | -3.7 | -32.76 | 1.19 | 0.85 | -9.85 | 116.00 | 3.48 | 47.55 | 76.76 | -0.22 | 11.73 | 61.47 | 30.62 | 19.08 | 131.29 | -7.52 | 37.19 |
| 22Q3 (15) | 0.81 | 9.46 | -21.36 | 1.18 | 22.92 | 4.42 | 112.10 | -8.63 | 26.54 | 76.93 | -18.65 | -4.27 | 47.06 | 4.28 | -17.18 | 141.96 | -17.53 | 26.6 |
| 22Q2 (14) | 0.74 | -8.64 | -14.94 | 0.96 | 4.35 | 0.0 | 122.69 | 9.1 | 16.66 | 94.57 | -3.94 | -0.38 | 45.13 | -18.14 | -23.73 | 172.13 | 10.5 | 22.14 |
| 22Q1 (13) | 0.81 | -30.17 | 2.53 | 0.92 | -30.3 | -8.91 | 112.46 | 43.04 | -2.22 | 98.45 | 43.3 | 9.09 | 55.13 | 6.8 | -18.23 | 155.78 | 62.78 | 13.02 |
| 21Q4 (12) | 1.16 | 12.62 | -5.69 | 1.32 | 16.81 | -24.14 | 78.62 | -11.25 | 5.93 | 68.70 | -14.51 | 31.43 | 51.62 | -9.15 | -5.61 | 95.70 | -14.65 | 33.29 |
| 21Q3 (11) | 1.03 | 18.39 | -23.13 | 1.13 | 17.71 | -50.66 | 88.59 | -15.76 | 30.22 | 80.36 | -15.35 | 102.42 | 56.82 | -3.97 | 6.97 | 112.13 | -20.44 | 105.37 |
| 21Q2 (10) | 0.87 | 10.13 | -16.35 | 0.96 | -4.95 | -42.86 | 105.17 | -8.56 | 19.66 | 94.93 | 5.19 | 74.83 | 59.17 | -12.24 | 1.84 | 140.93 | 2.24 | 67.59 |
| 21Q1 (9) | 0.79 | -35.77 | 14.49 | 1.01 | -41.95 | -15.83 | 115.01 | 54.96 | -13.35 | 90.25 | 72.66 | 18.88 | 67.42 | 23.28 | -26.07 | 137.84 | 91.98 | 17.35 |
| 20Q4 (8) | 1.23 | -8.21 | -14.58 | 1.74 | -24.02 | -41.41 | 74.22 | 9.1 | 17.79 | 52.27 | 31.66 | 70.87 | 54.69 | 2.96 | 14.77 | 71.80 | 31.5 | 56.26 |
| 20Q3 (7) | 1.34 | 28.85 | 20.72 | 2.29 | 36.31 | 5.05 | 68.03 | -22.6 | -17.31 | 39.70 | -26.89 | -4.89 | 53.12 | -8.57 | -22.04 | 54.60 | -35.07 | -2.27 |
| 20Q2 (6) | 1.04 | 50.72 | -14.05 | 1.68 | 40.0 | -21.86 | 87.89 | -33.78 | 16.77 | 54.30 | -28.48 | 28.4 | 58.10 | -36.29 | -11.34 | 84.09 | -28.41 | 61.65 |
| 20Q1 (5) | 0.69 | -52.08 | -25.0 | 1.20 | -59.6 | -23.57 | 132.73 | 110.65 | 33.46 | 75.92 | 148.19 | 31.05 | 91.20 | 91.4 | -9.84 | 117.46 | 155.63 | 108.89 |
| 19Q4 (4) | 1.44 | 29.73 | 0.0 | 2.97 | 36.24 | 0.0 | 63.01 | -23.41 | 0.0 | 30.59 | -26.71 | 0.0 | 47.65 | -30.07 | 0.0 | 45.95 | -17.76 | 0.0 |
| 19Q3 (3) | 1.11 | -8.26 | 0.0 | 2.18 | 1.4 | 0.0 | 82.27 | 9.3 | 0.0 | 41.74 | -1.3 | 0.0 | 68.14 | 3.98 | 0.0 | 55.87 | 7.4 | 0.0 |
| 19Q2 (2) | 1.21 | 31.52 | 0.0 | 2.15 | 36.94 | 0.0 | 75.27 | -24.31 | 0.0 | 42.29 | -27.0 | 0.0 | 65.53 | -35.22 | 0.0 | 52.02 | -7.49 | 0.0 |
| 19Q1 (1) | 0.92 | 0.0 | 0.0 | 1.57 | 0.0 | 0.0 | 99.45 | 0.0 | 0.0 | 57.93 | 0.0 | 0.0 | 101.15 | 0.0 | 0.0 | 56.23 | 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) | 2.88 | -5.26 | 4.61 | 8.22 | 126.75 | 5.45 | 79.09 | -7.75 | 73.75 | 8.19 | 132.09 | -4.12 |
| 2022 (9) | 3.04 | -11.11 | 4.26 | -1.16 | 120.20 | 12.59 | 85.73 | 1.28 | 68.17 | 6.77 | 137.76 | 8.0 |
| 2021 (8) | 3.42 | 11.04 | 4.31 | -7.11 | 106.76 | -10.05 | 84.65 | 7.63 | 63.85 | -16.0 | 127.55 | 5.13 |
| 2020 (7) | 3.08 | -27.53 | 4.64 | -42.36 | 118.69 | 38.17 | 78.65 | 73.58 | 76.01 | 6.28 | 121.33 | 103.23 |
| 2019 (6) | 4.25 | -34.92 | 8.05 | -21.31 | 85.90 | 53.72 | 45.31 | 26.99 | 71.52 | 10.8 | 59.70 | 121.03 |
| 2018 (5) | 6.53 | 56.22 | 10.23 | 24.91 | 55.88 | -35.98 | 35.68 | -19.93 | 64.55 | -4.91 | 27.01 | -57.77 |
| 2017 (4) | 4.18 | 145.88 | 8.19 | 43.18 | 87.28 | -59.32 | 44.56 | -30.22 | 67.88 | 17.52 | 63.96 | -71.01 |
| 2016 (3) | 1.70 | -22.73 | 5.72 | -12.27 | 214.54 | 29.04 | 63.86 | 14.04 | 57.76 | 21.04 | 220.63 | 26.41 |
| 2015 (2) | 2.20 | -3.93 | 6.52 | 4.99 | 166.26 | 4.41 | 56.00 | -4.76 | 47.72 | 28.07 | 174.54 | -3.45 |
| 2014 (1) | 2.29 | -13.26 | 6.21 | -7.04 | 159.24 | 15.12 | 58.80 | 7.57 | 37.26 | 10.7 | 180.77 | 13.45 |
