- 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) | 0.75 | 0.0 | 5.63 | 1.12 | 14.29 | 25.84 | 121.85 | 0.4 | -4.31 | 81.40 | -12.03 | -20.22 | 77.34 | -14.2 | -20.25 | 125.91 | 1.74 | -4.9 |
| 23Q3 (19) | 0.75 | -18.48 | -7.41 | 0.98 | -8.41 | 1.03 | 121.36 | 22.66 | 8.59 | 92.53 | 8.45 | -0.97 | 90.14 | 15.14 | -3.55 | 123.76 | 16.78 | 10.76 |
| 23Q2 (18) | 0.92 | 9.52 | 9.52 | 1.07 | 15.05 | 13.83 | 98.94 | -9.2 | -9.0 | 85.32 | -12.89 | -11.66 | 78.29 | -7.13 | -15.99 | 105.98 | -13.57 | -5.47 |
| 23Q1 (17) | 0.84 | 18.31 | 16.67 | 0.93 | 4.49 | 5.68 | 108.97 | -14.43 | -13.9 | 97.95 | -4.0 | -5.33 | 84.30 | -13.07 | -14.11 | 122.62 | -7.39 | -7.01 |
| 22Q4 (16) | 0.71 | -12.35 | -14.46 | 0.89 | -8.25 | -13.59 | 127.34 | 13.94 | 16.81 | 102.03 | 9.19 | 15.55 | 96.98 | 3.77 | 25.46 | 132.40 | 18.49 | 10.32 |
| 22Q3 (15) | 0.81 | -3.57 | 26.56 | 0.97 | 3.19 | 27.63 | 111.76 | 2.8 | -21.74 | 93.44 | -3.25 | -22.11 | 93.46 | 0.29 | -15.35 | 111.74 | -0.33 | -26.66 |
| 22Q2 (14) | 0.84 | 16.67 | 10.53 | 0.94 | 6.82 | -8.74 | 108.72 | -14.1 | -9.75 | 96.58 | -6.65 | 9.29 | 93.19 | -5.05 | -4.59 | 112.11 | -14.98 | 0.85 |
| 22Q1 (13) | 0.72 | -13.25 | 16.13 | 0.88 | -14.56 | -12.87 | 126.56 | 16.1 | -13.2 | 103.46 | 17.17 | 15.29 | 98.15 | 26.97 | -6.75 | 131.86 | 9.87 | 1.2 |
| 21Q4 (12) | 0.83 | 29.69 | 15.28 | 1.03 | 35.53 | -18.9 | 109.01 | -23.66 | -13.53 | 88.30 | -26.4 | 23.57 | 77.30 | -29.99 | -2.96 | 120.01 | -21.23 | 1.82 |
| 21Q3 (11) | 0.64 | -15.79 | -4.48 | 0.76 | -26.21 | -32.74 | 142.80 | 18.55 | 4.76 | 119.97 | 35.76 | 49.37 | 110.41 | 13.04 | 42.32 | 152.35 | 37.05 | 9.57 |
| 21Q2 (10) | 0.76 | 22.58 | 31.03 | 1.03 | 1.98 | 4.04 | 120.46 | -17.38 | -22.66 | 88.37 | -1.53 | -4.25 | 97.67 | -7.2 | 8.9 | 111.16 | -14.69 | -29.8 |
| 21Q1 (9) | 0.62 | -13.89 | 8.77 | 1.01 | -20.47 | 4.12 | 145.80 | 15.66 | -9.04 | 89.74 | 25.58 | -3.98 | 105.25 | 32.12 | 7.06 | 130.30 | 10.55 | -16.17 |
| 20Q4 (8) | 0.72 | 7.46 | 2.86 | 1.27 | 12.39 | 9.48 | 126.06 | -7.52 | -2.9 | 71.46 | -11.03 | -8.98 | 79.66 | 2.68 | 6.13 | 117.86 | -15.23 | -11.56 |
| 20Q3 (7) | 0.67 | 15.52 | 9.84 | 1.13 | 14.14 | 0.89 | 136.31 | -12.48 | -8.76 | 80.32 | -12.97 | -1.4 | 77.58 | -13.5 | -1.13 | 139.04 | -12.19 | -8.76 |
| 20Q2 (6) | 0.58 | 1.75 | -12.12 | 0.99 | 2.06 | -10.0 | 155.75 | -2.83 | 12.59 | 92.29 | -1.25 | 11.93 | 89.69 | -8.77 | -4.12 | 158.35 | 1.88 | 24.45 |
| 20Q1 (5) | 0.57 | -18.57 | -3.39 | 0.97 | -16.38 | -7.62 | 160.29 | 23.47 | 4.7 | 93.46 | 19.04 | 8.05 | 98.31 | 30.98 | -7.12 | 155.43 | 16.64 | 16.2 |
| 19Q4 (4) | 0.70 | 14.75 | 0.0 | 1.16 | 3.57 | 0.0 | 129.82 | -13.11 | 0.0 | 78.51 | -3.62 | 0.0 | 75.06 | -4.35 | 0.0 | 133.26 | -12.55 | 0.0 |
| 19Q3 (3) | 0.61 | -7.58 | 0.0 | 1.12 | 1.82 | 0.0 | 149.40 | 8.0 | 0.0 | 81.46 | -1.2 | 0.0 | 78.47 | -16.11 | 0.0 | 152.39 | 19.77 | 0.0 |
| 19Q2 (2) | 0.66 | 11.86 | 0.0 | 1.10 | 4.76 | 0.0 | 138.33 | -9.65 | 0.0 | 82.45 | -4.68 | 0.0 | 93.54 | -11.63 | 0.0 | 127.24 | -4.87 | 0.0 |
| 19Q1 (1) | 0.59 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 153.10 | 0.0 | 0.0 | 86.50 | 0.0 | 0.0 | 105.85 | 0.0 | 0.0 | 133.76 | 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) | 3.14 | -5.99 | 4.24 | 9.84 | 116.15 | 6.25 | 86.03 | -9.1 | 79.70 | -9.47 | 122.49 | 5.67 |
| 2022 (9) | 3.34 | 34.68 | 3.86 | 9.97 | 109.32 | -25.75 | 94.64 | -8.95 | 88.04 | -19.67 | 115.92 | -18.12 |
| 2021 (8) | 2.48 | 3.77 | 3.51 | -12.25 | 147.23 | -3.77 | 103.94 | 13.81 | 109.60 | 0.44 | 141.57 | 4.7 |
| 2020 (7) | 2.39 | -7.36 | 4.00 | -13.98 | 153.00 | 8.33 | 91.33 | 16.26 | 109.12 | 13.5 | 135.22 | 9.36 |
| 2019 (6) | 2.58 | -8.83 | 4.65 | -6.25 | 141.23 | 9.57 | 78.56 | 6.86 | 96.14 | -1.76 | 123.65 | 18.26 |
| 2018 (5) | 2.83 | -1.39 | 4.96 | 0.4 | 128.89 | 1.48 | 73.52 | -0.47 | 97.86 | -10.69 | 104.56 | 14.52 |
| 2017 (4) | 2.87 | -12.77 | 4.94 | -14.83 | 127.01 | 14.43 | 73.87 | 17.35 | 109.57 | 4.51 | 91.30 | 32.13 |
| 2016 (3) | 3.29 | -14.99 | 5.80 | -9.52 | 110.99 | 17.74 | 62.95 | 10.5 | 104.84 | 2.42 | 69.10 | 41.37 |
| 2015 (2) | 3.87 | 8.1 | 6.41 | 3.22 | 94.27 | -7.53 | 56.97 | -3.0 | 102.36 | -7.6 | 48.88 | -2.04 |
| 2014 (1) | 3.58 | -8.44 | 6.21 | 1.97 | 101.95 | 9.31 | 58.73 | -1.94 | 110.78 | 9.2 | 49.90 | -3.5 |
