- 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) | 0.66 | -10.81 | 20.0 | 1.63 | -7.39 | 61.39 | 137.82 | 11.6 | -17.11 | 55.66 | 7.93 | -38.48 | 33.40 | 26.04 | 59.66 | 160.08 | 7.75 | -32.12 |
| 23Q3 (19) | 0.74 | -6.33 | 25.42 | 1.76 | 34.35 | 45.45 | 123.50 | 7.37 | -20.09 | 51.57 | -25.5 | -31.6 | 26.50 | 3.31 | 26.31 | 148.56 | -6.32 | -28.91 |
| 23Q2 (18) | 0.79 | 36.21 | 29.51 | 1.31 | 39.36 | -5.07 | 115.02 | -26.88 | -22.88 | 69.22 | -28.69 | 5.05 | 25.65 | -13.37 | -13.23 | 158.58 | -29.45 | -14.5 |
| 23Q1 (17) | 0.58 | 5.45 | 7.41 | 0.94 | -6.93 | -36.49 | 157.31 | -5.39 | -6.22 | 97.07 | 7.28 | 57.61 | 29.61 | 41.54 | -16.83 | 224.77 | -4.69 | 16.02 |
| 22Q4 (16) | 0.55 | -6.78 | -16.67 | 1.01 | -16.53 | -47.12 | 166.27 | 7.59 | 20.37 | 90.48 | 20.0 | 89.41 | 20.92 | -0.29 | -24.75 | 235.83 | 12.86 | 49.17 |
| 22Q3 (15) | 0.59 | -3.28 | -9.23 | 1.21 | -12.32 | -22.93 | 154.54 | 3.61 | 9.91 | 75.40 | 14.43 | 30.43 | 20.98 | -29.03 | -27.03 | 208.96 | 12.66 | 23.16 |
| 22Q2 (14) | 0.61 | 12.96 | -6.15 | 1.38 | -6.76 | -8.0 | 149.15 | -11.09 | 6.67 | 65.89 | 6.98 | 8.26 | 29.56 | -16.97 | -16.78 | 185.48 | -4.26 | 12.29 |
| 22Q1 (13) | 0.54 | -18.18 | -16.92 | 1.48 | -22.51 | -18.23 | 167.75 | 21.44 | 20.37 | 61.59 | 28.93 | 22.32 | 35.60 | 28.06 | -6.88 | 193.74 | 22.55 | 27.9 |
| 21Q4 (12) | 0.66 | 1.54 | -9.59 | 1.91 | 21.66 | -22.04 | 138.13 | -1.76 | 10.64 | 47.77 | -17.37 | 28.73 | 27.80 | -3.3 | -19.02 | 158.09 | -6.82 | 23.88 |
| 21Q3 (11) | 0.65 | 0.0 | -19.75 | 1.57 | 4.67 | -49.03 | 140.60 | 0.55 | 24.93 | 57.81 | -5.01 | 95.7 | 28.75 | -19.06 | -0.76 | 169.66 | 2.71 | 49.98 |
| 21Q2 (10) | 0.65 | 0.0 | -32.99 | 1.50 | -17.13 | -45.45 | 139.83 | 0.34 | 48.38 | 60.86 | 20.87 | 84.09 | 35.52 | -7.09 | 42.82 | 165.18 | 9.04 | 61.26 |
| 21Q1 (9) | 0.65 | -10.96 | 16.07 | 1.81 | -26.12 | 11.04 | 139.36 | 11.62 | -14.01 | 50.35 | 35.68 | -9.64 | 38.23 | 11.36 | -5.04 | 151.48 | 18.7 | -14.67 |
| 20Q4 (8) | 0.73 | -9.88 | 8.96 | 2.45 | -20.45 | 17.79 | 124.85 | 10.94 | -8.57 | 37.11 | 25.63 | -15.16 | 34.33 | 18.5 | -16.92 | 127.62 | 12.82 | -8.18 |
| 20Q3 (7) | 0.81 | -16.49 | 9.46 | 3.08 | 12.0 | 22.71 | 112.54 | 19.42 | -8.04 | 29.54 | -10.65 | -18.65 | 28.97 | 16.49 | -11.35 | 113.12 | 10.44 | -10.24 |
| 20Q2 (6) | 0.97 | 73.21 | 32.88 | 2.75 | 68.71 | 30.95 | 94.24 | -41.85 | -24.9 | 33.06 | -40.67 | -23.84 | 24.87 | -38.23 | -5.8 | 102.43 | -42.3 | -28.12 |
| 20Q1 (5) | 0.56 | -16.42 | 3.7 | 1.63 | -21.63 | 12.41 | 162.07 | 18.68 | -4.51 | 55.72 | 27.39 | -10.93 | 40.26 | -2.57 | 0.7 | 177.53 | 27.73 | -7.69 |
| 19Q4 (4) | 0.67 | -9.46 | 0.0 | 2.08 | -17.13 | 0.0 | 136.56 | 11.59 | 0.0 | 43.74 | 20.46 | 0.0 | 41.32 | 26.44 | 0.0 | 138.99 | 10.29 | 0.0 |
| 19Q3 (3) | 0.74 | 1.37 | 0.0 | 2.51 | 19.52 | 0.0 | 122.38 | -2.48 | 0.0 | 36.31 | -16.36 | 0.0 | 32.68 | 23.79 | 0.0 | 126.02 | -11.56 | 0.0 |
| 19Q2 (2) | 0.73 | 35.19 | 0.0 | 2.10 | 44.83 | 0.0 | 125.49 | -26.06 | 0.0 | 43.41 | -30.61 | 0.0 | 26.40 | -33.97 | 0.0 | 142.50 | -25.9 | 0.0 |
| 19Q1 (1) | 0.54 | 0.0 | 0.0 | 1.45 | 0.0 | 0.0 | 169.73 | 0.0 | 0.0 | 62.56 | 0.0 | 0.0 | 39.98 | 0.0 | 0.0 | 192.31 | 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) | 2.73 | 18.18 | 5.39 | 1.89 | 133.53 | -15.62 | 67.67 | -2.0 | 28.11 | -9.9 | 173.09 | -11.73 |
| 2022 (9) | 2.31 | -6.48 | 5.29 | -30.67 | 158.24 | 7.0 | 69.05 | 44.37 | 31.20 | -12.36 | 196.09 | 22.47 |
| 2021 (8) | 2.47 | -16.84 | 7.63 | -11.89 | 147.89 | 20.16 | 47.83 | 13.56 | 35.60 | 1.74 | 160.11 | 22.96 |
| 2020 (7) | 2.97 | 16.02 | 8.66 | 16.87 | 123.08 | -13.66 | 42.12 | -14.48 | 34.99 | -9.12 | 130.21 | -15.06 |
| 2019 (6) | 2.56 | 2.81 | 7.41 | -3.64 | 142.56 | -2.8 | 49.25 | 3.82 | 38.50 | 3.91 | 153.30 | -2.39 |
| 2018 (5) | 2.49 | 7.33 | 7.69 | -2.53 | 146.66 | -6.6 | 47.44 | 2.6 | 37.05 | -2.63 | 157.05 | -4.95 |
| 2017 (4) | 2.32 | 7.91 | 7.89 | 1.02 | 157.03 | -7.31 | 46.24 | -1.01 | 38.05 | -10.3 | 165.23 | -4.88 |
| 2016 (3) | 2.15 | -15.35 | 7.81 | -10.64 | 169.41 | 17.82 | 46.71 | 11.85 | 42.42 | 15.81 | 173.70 | 16.65 |
| 2015 (2) | 2.54 | -14.77 | 8.74 | -10.82 | 143.79 | 17.47 | 41.76 | 12.11 | 36.63 | 14.36 | 148.91 | 16.67 |
| 2014 (1) | 2.98 | 19.68 | 9.80 | 5.26 | 122.41 | -16.46 | 37.25 | -5.0 | 32.03 | -13.62 | 127.63 | -14.15 |
