- 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 | -24.24 | 38.89 | 1.05 | -26.06 | 14.13 | 121.85 | 33.05 | -27.61 | 86.56 | 34.62 | -12.46 | 117.72 | 50.08 | -9.45 | 90.69 | 17.13 | -33.9 |
| 23Q3 (19) | 0.99 | 16.47 | 90.38 | 1.42 | 47.92 | 39.22 | 91.58 | -14.14 | -47.23 | 64.30 | -32.06 | -27.98 | 78.44 | -10.63 | -49.07 | 77.43 | -31.8 | -28.83 |
| 23Q2 (18) | 0.85 | 41.67 | 6.25 | 0.96 | 23.08 | -46.67 | 106.66 | -29.62 | -5.87 | 94.64 | -19.15 | 87.0 | 87.77 | -25.19 | -8.94 | 113.53 | -24.95 | 68.09 |
| 23Q1 (17) | 0.60 | 11.11 | -22.08 | 0.78 | -15.22 | -46.58 | 151.55 | -9.97 | 27.86 | 117.05 | 18.38 | 88.43 | 117.33 | -9.75 | 5.88 | 151.27 | 10.26 | 116.6 |
| 22Q4 (16) | 0.54 | 3.85 | -28.0 | 0.92 | -9.8 | -30.3 | 168.33 | -3.01 | 39.14 | 98.88 | 10.75 | 43.91 | 130.01 | -15.59 | 6.65 | 137.20 | 26.1 | 102.39 |
| 22Q3 (15) | 0.52 | -35.0 | -21.21 | 1.02 | -43.33 | -19.05 | 173.55 | 53.16 | 25.96 | 89.28 | 76.41 | 23.47 | 154.02 | 59.79 | -5.26 | 108.80 | 61.09 | 128.96 |
| 22Q2 (14) | 0.80 | 3.9 | 1.27 | 1.80 | 23.29 | -8.63 | 113.31 | -4.4 | -1.21 | 50.61 | -18.53 | 9.38 | 96.39 | -13.01 | -25.13 | 67.54 | -3.29 | 109.56 |
| 22Q1 (13) | 0.77 | 2.67 | 0.0 | 1.46 | 10.61 | -24.35 | 118.53 | -2.03 | -0.14 | 62.12 | -9.59 | 31.86 | 110.81 | -9.1 | -14.56 | 69.84 | 3.02 | 93.36 |
| 21Q4 (12) | 0.75 | 13.64 | -18.48 | 1.32 | 4.76 | -44.77 | 120.98 | -12.19 | 21.97 | 68.71 | -4.98 | 80.15 | 121.90 | -25.02 | 20.6 | 67.79 | 42.66 | 87.01 |
| 21Q3 (11) | 0.66 | -16.46 | -33.33 | 1.26 | -36.04 | -41.12 | 137.78 | 20.12 | 49.32 | 72.31 | 56.28 | 70.14 | 162.57 | 26.28 | 67.72 | 47.52 | 47.44 | 25.58 |
| 21Q2 (10) | 0.79 | 2.6 | -8.14 | 1.97 | 2.07 | 32.21 | 114.70 | -3.37 | 8.96 | 46.27 | -1.78 | -24.49 | 128.74 | -0.73 | 20.89 | 32.23 | -10.77 | -46.34 |
| 21Q1 (9) | 0.77 | -16.3 | 50.98 | 1.93 | -19.25 | 112.09 | 118.70 | 19.67 | -33.16 | 47.11 | 23.52 | -52.66 | 129.69 | 28.3 | -31.08 | 36.12 | -0.36 | -59.38 |
| 20Q4 (8) | 0.92 | -7.07 | 1.1 | 2.39 | 11.68 | 43.11 | 99.19 | 7.5 | -0.97 | 38.14 | -10.26 | -29.85 | 101.08 | 4.28 | -0.55 | 36.25 | -4.2 | -31.46 |
| 20Q3 (7) | 0.99 | 15.12 | 5.32 | 2.14 | 43.62 | 71.2 | 92.27 | -12.35 | -4.65 | 42.50 | -30.65 | -41.67 | 96.93 | -8.98 | -1.57 | 37.84 | -37.0 | -46.82 |
| 20Q2 (6) | 0.86 | 68.63 | 13.16 | 1.49 | 63.74 | 60.22 | 105.27 | -40.72 | -12.44 | 61.28 | -38.42 | -37.36 | 106.49 | -43.41 | -6.13 | 60.06 | -32.46 | -42.59 |
| 20Q1 (5) | 0.51 | -43.96 | -12.07 | 0.91 | -45.51 | -6.19 | 177.59 | 77.31 | 12.81 | 99.52 | 83.04 | 5.91 | 188.18 | 85.14 | 45.82 | 88.93 | 68.14 | -27.31 |
| 19Q4 (4) | 0.91 | -3.19 | 0.0 | 1.67 | 33.6 | 0.0 | 100.16 | 3.5 | 0.0 | 54.37 | -25.38 | 0.0 | 101.64 | 3.21 | 0.0 | 52.89 | -25.66 | 0.0 |
| 19Q3 (3) | 0.94 | 23.68 | 0.0 | 1.25 | 34.41 | 0.0 | 96.77 | -19.51 | 0.0 | 72.86 | -25.52 | 0.0 | 98.48 | -13.2 | 0.0 | 71.15 | -31.99 | 0.0 |
| 19Q2 (2) | 0.76 | 31.03 | 0.0 | 0.93 | -4.12 | 0.0 | 120.23 | -23.63 | 0.0 | 97.83 | 4.11 | 0.0 | 113.45 | -12.09 | 0.0 | 104.61 | -14.49 | 0.0 |
| 19Q1 (1) | 0.58 | 0.0 | 0.0 | 0.97 | 0.0 | 0.0 | 157.43 | 0.0 | 0.0 | 93.97 | 0.0 | 0.0 | 129.05 | 0.0 | 0.0 | 122.34 | 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) | 2.79 | -11.71 | 3.97 | -24.09 | 130.71 | 13.06 | 91.97 | 31.86 | 108.04 | 9.37 | 114.64 | 32.42 |
| 2022 (9) | 3.16 | 2.6 | 5.23 | -22.06 | 115.61 | -2.4 | 69.75 | 28.29 | 98.78 | -16.3 | 86.57 | 57.95 |
| 2021 (8) | 3.08 | 21.26 | 6.71 | 9.11 | 118.45 | -17.42 | 54.37 | -8.41 | 118.02 | -20.05 | 54.81 | -0.69 |
| 2020 (7) | 2.54 | 8.55 | 6.15 | 25.51 | 143.44 | -8.09 | 59.36 | -20.3 | 147.61 | 5.2 | 55.19 | -38.83 |
| 2019 (6) | 2.34 | -21.48 | 4.90 | -22.1 | 156.07 | 27.23 | 74.48 | 28.44 | 140.32 | 45.36 | 90.23 | 7.25 |
| 2018 (5) | 2.98 | 4.2 | 6.29 | 1.13 | 122.67 | -3.89 | 57.99 | -1.14 | 96.53 | 4.08 | 84.13 | -10.06 |
| 2017 (4) | 2.86 | -8.63 | 6.22 | -3.72 | 127.63 | 9.33 | 58.66 | 3.86 | 92.75 | -1.88 | 93.54 | 18.87 |
| 2016 (3) | 3.13 | -0.63 | 6.46 | -21.41 | 116.74 | 0.69 | 56.48 | 27.21 | 94.53 | -17.73 | 78.69 | 73.17 |
| 2015 (2) | 3.15 | -16.22 | 8.22 | -17.72 | 115.94 | 19.41 | 44.40 | 21.48 | 114.90 | 2.99 | 45.44 | 105.8 |
| 2014 (1) | 3.76 | 8.05 | 9.99 | 10.75 | 97.09 | -7.38 | 36.55 | -9.71 | 111.56 | -7.45 | 22.08 | -10.9 |
