- 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) | 2.23 | 4.69 | -3.04 | 0.57 | 0.0 | 39.02 | 40.82 | -4.31 | 3.24 | 158.43 | -1.27 | -29.0 | 65.73 | 21.43 | 71.48 | 133.52 | -10.38 | -40.48 |
| 23Q3 (19) | 2.13 | 5.45 | -11.25 | 0.57 | 21.28 | -14.93 | 42.66 | -5.14 | 12.5 | 160.47 | -16.59 | 18.65 | 54.13 | 41.07 | 8.04 | 148.99 | -25.12 | 21.06 |
| 23Q2 (18) | 2.02 | -16.18 | -40.94 | 0.47 | 17.5 | -58.77 | 44.97 | 19.03 | 69.06 | 192.38 | -15.27 | 141.62 | 38.37 | 43.12 | -2.19 | 198.98 | -16.4 | 197.03 |
| 23Q1 (17) | 2.41 | 4.78 | -38.68 | 0.40 | -2.44 | -68.99 | 37.78 | -4.45 | 63.34 | 227.05 | 1.75 | 220.92 | 26.81 | -30.05 | -23.42 | 238.02 | 6.1 | 304.31 |
| 22Q4 (16) | 2.30 | -4.17 | -33.53 | 0.41 | -38.81 | -71.53 | 39.54 | 4.27 | 50.17 | 223.14 | 64.98 | 252.51 | 38.33 | -23.49 | 13.44 | 224.34 | 82.29 | 301.76 |
| 22Q3 (15) | 2.40 | -29.82 | -24.29 | 0.67 | -41.23 | -57.32 | 37.92 | 42.56 | 32.03 | 135.25 | 69.87 | 132.95 | 50.10 | 27.71 | 52.05 | 123.07 | 83.71 | 128.63 |
| 22Q2 (14) | 3.42 | -12.98 | 14.0 | 1.14 | -11.63 | -24.5 | 26.60 | 15.0 | -12.24 | 79.62 | 12.54 | 32.13 | 39.23 | 12.05 | 9.76 | 66.99 | 13.79 | 22.18 |
| 22Q1 (13) | 3.93 | 13.58 | 45.02 | 1.29 | -10.42 | -9.79 | 23.13 | -12.15 | -31.16 | 70.75 | 11.77 | 11.38 | 35.01 | 3.61 | -17.7 | 58.87 | 5.43 | 7.84 |
| 21Q4 (12) | 3.46 | 9.15 | 35.69 | 1.44 | -8.28 | -18.18 | 26.33 | -8.32 | -26.14 | 63.30 | 9.03 | 22.48 | 33.79 | 2.55 | -22.18 | 55.84 | 3.73 | 27.17 |
| 21Q3 (11) | 3.17 | 5.67 | 24.31 | 1.57 | 3.97 | -33.19 | 28.72 | -5.25 | -19.55 | 58.06 | -3.65 | 50.14 | 32.95 | -7.81 | -6.66 | 53.83 | -1.82 | 37.78 |
| 21Q2 (10) | 3.00 | 10.7 | 27.66 | 1.51 | 5.59 | -27.75 | 30.31 | -9.79 | -21.86 | 60.26 | -5.13 | 38.24 | 35.74 | -15.98 | -7.1 | 54.83 | 0.44 | 24.87 |
| 21Q1 (9) | 2.71 | 6.27 | 18.34 | 1.43 | -18.75 | -17.34 | 33.60 | -5.75 | -15.45 | 63.52 | 22.91 | 20.6 | 42.54 | -2.03 | -6.15 | 54.59 | 24.32 | 15.93 |
| 20Q4 (8) | 2.55 | 0.0 | 20.28 | 1.76 | -25.11 | 1.73 | 35.65 | -0.14 | -16.8 | 51.68 | 33.64 | -1.95 | 43.42 | 23.0 | -5.61 | 43.91 | 12.39 | -11.4 |
| 20Q3 (7) | 2.55 | 8.51 | 17.51 | 2.35 | 12.44 | 37.43 | 35.70 | -7.97 | -14.82 | 38.67 | -11.29 | -27.18 | 35.30 | -8.24 | -23.48 | 39.07 | -11.02 | -20.07 |
| 20Q2 (6) | 2.35 | 2.62 | 23.04 | 2.09 | 20.81 | 43.15 | 38.79 | -2.39 | -18.41 | 43.59 | -17.24 | -29.9 | 38.47 | -15.13 | -17.48 | 43.91 | -6.75 | -30.41 |
| 20Q1 (5) | 2.29 | 8.02 | 19.27 | 1.73 | 0.0 | 13.07 | 39.74 | -7.26 | -16.18 | 52.67 | -0.08 | -11.26 | 45.33 | -1.46 | -1.24 | 47.09 | -4.98 | -22.63 |
| 19Q4 (4) | 2.12 | -2.3 | 0.0 | 1.73 | 1.17 | 0.0 | 42.85 | 2.24 | 0.0 | 52.71 | -0.73 | 0.0 | 46.00 | -0.28 | 0.0 | 49.56 | 1.39 | 0.0 |
| 19Q3 (3) | 2.17 | 13.61 | 0.0 | 1.71 | 17.12 | 0.0 | 41.91 | -11.84 | 0.0 | 53.10 | -14.6 | 0.0 | 46.13 | -1.05 | 0.0 | 48.88 | -22.54 | 0.0 |
| 19Q2 (2) | 1.91 | -0.52 | 0.0 | 1.46 | -4.58 | 0.0 | 47.54 | 0.27 | 0.0 | 62.18 | 4.77 | 0.0 | 46.62 | 1.57 | 0.0 | 63.10 | 3.68 | 0.0 |
| 19Q1 (1) | 1.92 | 0.0 | 0.0 | 1.53 | 0.0 | 0.0 | 47.41 | 0.0 | 0.0 | 59.35 | 0.0 | 0.0 | 45.90 | 0.0 | 0.0 | 60.86 | 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) | 10.10 | -38.04 | 1.88 | -42.51 | 36.15 | 61.46 | 194.09 | 73.96 | 46.31 | 78.12 | 183.93 | 70.37 |
| 2022 (9) | 16.30 | 21.19 | 3.27 | -42.02 | 22.39 | -17.5 | 111.57 | 72.31 | 26.00 | -37.14 | 107.96 | 113.66 |
| 2021 (8) | 13.45 | 22.16 | 5.64 | -15.57 | 27.14 | -18.15 | 64.75 | 18.52 | 41.36 | -4.44 | 50.53 | 13.53 |
| 2020 (7) | 11.01 | 21.66 | 6.68 | 0.91 | 33.16 | -17.74 | 54.63 | -0.87 | 43.28 | -8.71 | 44.51 | -7.31 |
| 2019 (6) | 9.05 | 29.47 | 6.62 | 15.73 | 40.31 | -22.85 | 55.11 | -13.59 | 47.41 | -9.4 | 48.02 | -24.63 |
| 2018 (5) | 6.99 | 4.33 | 5.72 | -13.33 | 52.25 | -4.08 | 63.78 | 15.27 | 52.33 | 1.83 | 63.71 | 9.07 |
| 2017 (4) | 6.70 | 2.45 | 6.60 | -10.08 | 54.47 | -2.45 | 55.33 | 11.24 | 51.39 | -9.51 | 58.41 | 19.69 |
| 2016 (3) | 6.54 | 6.34 | 7.34 | -10.49 | 55.84 | -5.9 | 49.74 | 11.8 | 56.79 | 27.91 | 48.80 | -17.89 |
| 2015 (2) | 6.15 | 4.06 | 8.20 | -25.86 | 59.34 | -3.98 | 44.49 | 34.82 | 44.40 | 7.45 | 59.43 | 11.15 |
| 2014 (1) | 5.91 | 20.12 | 11.06 | -1.07 | 61.80 | -16.64 | 33.00 | 1.07 | 41.32 | -21.98 | 53.47 | -0.65 |
