- 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) | 1.02 | 24.39 | -19.69 | 0.49 | 16.67 | -3.92 | 89.34 | -19.93 | 24.55 | 183.87 | -15.85 | 2.97 | 49.90 | -18.33 | -9.93 | 223.30 | -16.98 | 14.57 |
| 23Q3 (19) | 0.82 | -9.89 | -21.9 | 0.42 | -25.0 | -30.0 | 111.58 | 11.51 | 29.1 | 218.49 | 34.8 | 43.67 | 61.10 | 30.81 | -7.9 | 268.97 | 24.85 | 56.22 |
| 23Q2 (18) | 0.91 | -24.79 | -44.85 | 0.56 | 7.69 | -12.5 | 100.06 | 32.53 | 81.56 | 162.08 | -6.52 | 13.62 | 46.71 | -5.75 | -33.35 | 215.43 | 8.08 | 68.73 |
| 23Q1 (17) | 1.21 | -4.72 | -5.47 | 0.52 | 1.96 | -5.45 | 75.50 | 5.26 | 6.2 | 173.38 | -2.91 | 5.01 | 49.56 | -10.54 | -28.44 | 199.33 | 2.27 | 19.4 |
| 22Q4 (16) | 1.27 | 20.95 | 38.04 | 0.51 | -15.0 | -12.07 | 71.73 | -17.01 | -27.79 | 178.57 | 17.42 | 13.26 | 55.40 | -16.49 | -17.2 | 194.90 | 13.2 | 2.53 |
| 22Q3 (15) | 1.05 | -36.36 | -26.06 | 0.60 | -6.25 | -4.76 | 86.43 | 56.83 | 34.52 | 152.08 | 6.61 | 6.02 | 66.34 | -5.34 | 15.8 | 172.17 | 34.84 | 14.46 |
| 22Q2 (14) | 1.65 | 28.91 | 16.2 | 0.64 | 16.36 | 25.49 | 55.11 | -22.48 | -14.2 | 142.65 | -13.6 | -19.33 | 70.08 | 1.18 | 17.13 | 127.68 | -23.52 | -29.55 |
| 22Q1 (13) | 1.28 | 39.13 | 0.0 | 0.55 | -5.17 | 12.24 | 71.09 | -28.44 | -0.15 | 165.11 | 4.73 | -11.12 | 69.26 | 3.51 | 7.73 | 166.94 | -12.18 | -13.35 |
| 21Q4 (12) | 0.92 | -35.21 | -30.83 | 0.58 | -7.94 | 9.43 | 99.34 | 54.61 | 45.15 | 157.66 | 9.91 | -7.9 | 66.91 | 16.79 | 2.89 | 190.09 | 26.37 | 8.87 |
| 21Q3 (11) | 1.42 | 0.0 | 10.08 | 0.63 | 23.53 | 16.67 | 64.25 | 0.03 | -9.17 | 143.45 | -18.88 | -15.55 | 57.29 | -4.25 | -29.45 | 150.42 | -17.0 | -5.63 |
| 21Q2 (10) | 1.42 | 10.94 | -9.55 | 0.51 | 4.08 | -12.07 | 64.23 | -9.79 | 10.47 | 176.83 | -4.81 | 12.3 | 59.83 | -6.94 | -30.61 | 181.23 | -5.94 | 40.09 |
| 21Q1 (9) | 1.28 | -3.76 | -4.48 | 0.49 | -7.55 | -19.67 | 71.20 | 4.03 | 5.0 | 185.76 | 8.51 | 23.96 | 64.29 | -1.14 | -6.15 | 192.67 | 10.35 | 29.16 |
| 20Q4 (8) | 1.33 | 3.1 | 1.53 | 0.53 | -1.85 | -15.87 | 68.44 | -3.25 | -1.26 | 171.19 | 0.78 | 19.4 | 65.03 | -19.91 | 34.83 | 174.60 | 9.54 | 6.17 |
| 20Q3 (7) | 1.29 | -17.83 | 9.32 | 0.54 | -6.9 | 5.88 | 70.74 | 21.67 | -7.97 | 169.86 | 7.88 | -4.5 | 81.20 | -5.82 | 34.68 | 159.40 | 23.21 | -18.03 |
| 20Q2 (6) | 1.57 | 17.16 | 44.04 | 0.58 | -4.92 | 18.37 | 58.14 | -14.26 | -30.59 | 157.46 | 5.08 | -15.04 | 86.22 | 25.87 | 22.26 | 129.37 | -13.27 | -34.85 |
| 20Q1 (5) | 1.34 | 2.29 | 45.65 | 0.61 | -3.17 | 19.61 | 67.81 | -2.16 | -31.57 | 149.85 | 4.52 | -16.51 | 68.50 | 42.03 | -6.54 | 149.17 | -9.29 | -27.34 |
| 19Q4 (4) | 1.31 | 11.02 | 0.0 | 0.63 | 23.53 | 0.0 | 69.31 | -9.83 | 0.0 | 143.37 | -19.4 | 0.0 | 48.23 | -20.0 | 0.0 | 164.45 | -15.43 | 0.0 |
| 19Q3 (3) | 1.18 | 8.26 | 0.0 | 0.51 | 4.08 | 0.0 | 76.87 | -8.23 | 0.0 | 177.87 | -4.03 | 0.0 | 60.29 | -14.51 | 0.0 | 194.45 | -2.08 | 0.0 |
| 19Q2 (2) | 1.09 | 18.48 | 0.0 | 0.49 | -3.92 | 0.0 | 83.76 | -15.48 | 0.0 | 185.34 | 3.26 | 0.0 | 70.52 | -3.78 | 0.0 | 198.58 | -3.27 | 0.0 |
| 19Q1 (1) | 0.92 | 0.0 | 0.0 | 0.51 | 0.0 | 0.0 | 99.10 | 0.0 | 0.0 | 179.49 | 0.0 | 0.0 | 73.29 | 0.0 | 0.0 | 205.30 | 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) | 4.51 | -41.2 | 1.93 | -25.48 | 80.96 | 70.16 | 189.14 | 34.43 | 54.52 | 13.68 | 215.57 | 53.63 |
| 2022 (9) | 7.67 | 37.21 | 2.59 | 17.19 | 47.58 | -27.1 | 140.70 | -14.68 | 47.96 | -23.07 | 140.32 | -16.4 |
| 2021 (8) | 5.59 | -9.98 | 2.21 | -7.53 | 65.27 | 11.02 | 164.91 | 8.13 | 62.34 | 11.7 | 167.84 | 7.94 |
| 2020 (7) | 6.21 | 53.33 | 2.39 | 8.64 | 58.79 | -34.77 | 152.51 | -8.01 | 55.81 | -16.58 | 155.50 | -17.73 |
| 2019 (6) | 4.05 | -9.19 | 2.20 | -6.78 | 90.13 | 10.1 | 165.79 | 6.98 | 66.90 | -7.39 | 189.02 | 14.84 |
| 2018 (5) | 4.46 | 2.29 | 2.36 | 0.85 | 81.86 | -2.29 | 154.98 | -0.45 | 72.24 | -10.65 | 164.59 | 3.77 |
| 2017 (4) | 4.36 | -0.68 | 2.34 | -4.88 | 83.78 | 0.84 | 155.68 | 4.79 | 80.85 | 4.3 | 158.61 | 2.91 |
| 2016 (3) | 4.39 | 13.73 | 2.46 | -8.89 | 83.08 | -12.22 | 148.57 | 9.7 | 77.52 | 5.07 | 154.13 | -1.39 |
| 2015 (2) | 3.86 | -4.93 | 2.70 | -11.18 | 94.65 | 5.19 | 135.43 | 12.83 | 73.78 | 16.46 | 156.31 | 6.58 |
| 2014 (1) | 4.06 | 1.75 | 3.04 | 13.43 | 89.98 | -1.52 | 120.03 | -11.87 | 63.35 | -21.43 | 146.66 | -0.19 |
