- 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) | 4.03 | 22.12 | -2.42 | 0.61 | -37.76 | -30.68 | 22.56 | -18.08 | 2.31 | 148.01 | 60.18 | 43.43 | 42.49 | 38.13 | 56.73 | 128.08 | 43.62 | 30.51 |
| 23Q3 (19) | 3.30 | -1.79 | 0.92 | 0.98 | -22.22 | -30.0 | 27.54 | 1.74 | -1.08 | 92.40 | 27.55 | 42.22 | 30.76 | 52.2 | 106.58 | 89.18 | 12.46 | 14.45 |
| 23Q2 (18) | 3.36 | -1.75 | 0.3 | 1.26 | 0.8 | -37.31 | 27.07 | 1.88 | -0.4 | 72.44 | -0.45 | 59.63 | 20.21 | -1.08 | 11.11 | 79.30 | 0.48 | 45.85 |
| 23Q1 (17) | 3.42 | -17.19 | 8.92 | 1.25 | 42.05 | -61.54 | 26.57 | 20.5 | -8.35 | 72.77 | -29.48 | 160.26 | 20.43 | -24.64 | 27.61 | 78.92 | -19.58 | 92.77 |
| 22Q4 (16) | 4.13 | 26.3 | 0.98 | 0.88 | -37.14 | -82.36 | 22.05 | -20.8 | -0.99 | 103.19 | 58.83 | 466.04 | 27.11 | 82.07 | 126.29 | 98.14 | 25.95 | 244.11 |
| 22Q3 (15) | 3.27 | -2.39 | -8.4 | 1.40 | -30.35 | -71.13 | 27.84 | 2.43 | 9.18 | 64.97 | 43.17 | 246.32 | 14.89 | -18.14 | 22.15 | 77.92 | 43.31 | 142.97 |
| 22Q2 (14) | 3.35 | 6.69 | 1.52 | 2.01 | -38.15 | -64.42 | 27.18 | -6.24 | -1.56 | 45.38 | 62.3 | 181.69 | 18.19 | 13.62 | 63.58 | 54.37 | 32.8 | 66.78 |
| 22Q1 (13) | 3.14 | -23.23 | -11.3 | 3.25 | -34.87 | -66.56 | 28.99 | 30.18 | 12.76 | 27.96 | 53.37 | 198.72 | 16.01 | 33.64 | 30.06 | 40.94 | 43.55 | 79.96 |
| 21Q4 (12) | 4.09 | 14.57 | 5.68 | 4.99 | 2.89 | -77.52 | 22.27 | -12.67 | -5.35 | 18.23 | -2.83 | 344.63 | 11.98 | -1.72 | 2.04 | 28.52 | -11.07 | 79.6 |
| 21Q3 (11) | 3.57 | 8.18 | 30.29 | 4.85 | -14.16 | -83.66 | 25.50 | -7.64 | -23.26 | 18.76 | 16.45 | 511.07 | 12.19 | 9.62 | 21.66 | 32.07 | -1.63 | 22.03 |
| 21Q2 (10) | 3.30 | -6.78 | 18.28 | 5.65 | -41.87 | -64.91 | 27.61 | 7.39 | -15.36 | 16.11 | 72.12 | 185.13 | 11.12 | -9.67 | -7.49 | 32.60 | 43.3 | 24.19 |
| 21Q1 (9) | 3.54 | -8.53 | 6.31 | 9.72 | -56.22 | -23.7 | 25.71 | 9.26 | -5.82 | 9.36 | 128.29 | 31.09 | 12.31 | 4.86 | -8.75 | 22.75 | 43.26 | 8.59 |
| 20Q4 (8) | 3.87 | 41.24 | 30.74 | 22.20 | -25.2 | 84.23 | 23.53 | -29.19 | -23.53 | 4.10 | 33.55 | -45.7 | 11.74 | 17.17 | 9.21 | 15.88 | -39.57 | -42.4 |
| 20Q3 (7) | 2.74 | -1.79 | 7.87 | 29.68 | 84.35 | 162.89 | 33.23 | 1.87 | -7.1 | 3.07 | -45.66 | -61.91 | 10.02 | -16.64 | 29.29 | 26.28 | 0.11 | -27.14 |
| 20Q2 (6) | 2.79 | -16.22 | 5.68 | 16.10 | 26.37 | 56.16 | 32.62 | 19.49 | -5.48 | 5.65 | -20.87 | -36.01 | 12.02 | -10.9 | 57.95 | 26.25 | 25.3 | -26.55 |
| 20Q1 (5) | 3.33 | 12.5 | 21.98 | 12.74 | 5.73 | 35.82 | 27.30 | -11.28 | -18.21 | 7.14 | -5.43 | -26.39 | 13.49 | 25.49 | 36.13 | 20.95 | -24.01 | -36.84 |
| 19Q4 (4) | 2.96 | 16.54 | 0.0 | 12.05 | 6.73 | 0.0 | 30.77 | -13.98 | 0.0 | 7.55 | -6.33 | 0.0 | 10.75 | 38.71 | 0.0 | 27.57 | -23.57 | 0.0 |
| 19Q3 (3) | 2.54 | -3.79 | 0.0 | 11.29 | 9.51 | 0.0 | 35.77 | 3.65 | 0.0 | 8.06 | -8.72 | 0.0 | 7.75 | 1.84 | 0.0 | 36.07 | 0.92 | 0.0 |
| 19Q2 (2) | 2.64 | -3.3 | 0.0 | 10.31 | 9.91 | 0.0 | 34.51 | 3.39 | 0.0 | 8.83 | -8.97 | 0.0 | 7.61 | -23.21 | 0.0 | 35.74 | 7.75 | 0.0 |
| 19Q1 (1) | 2.73 | 0.0 | 0.0 | 9.38 | 0.0 | 0.0 | 33.38 | 0.0 | 0.0 | 9.70 | 0.0 | 0.0 | 9.91 | 0.0 | 0.0 | 33.17 | 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) | 14.23 | 0.42 | 4.09 | -48.03 | 25.64 | -0.47 | 89.29 | 92.48 | 24.63 | 29.77 | 90.30 | 69.83 |
| 2022 (9) | 14.17 | -7.2 | 7.87 | -70.8 | 25.76 | 7.74 | 46.39 | 242.36 | 18.98 | 50.75 | 53.17 | 113.88 |
| 2021 (8) | 15.27 | 7.01 | 26.95 | -45.91 | 23.91 | -6.53 | 13.55 | 84.86 | 12.59 | -20.57 | 24.86 | 45.81 |
| 2020 (7) | 14.27 | -3.65 | 49.82 | 6.05 | 25.58 | 3.81 | 7.33 | -5.66 | 15.85 | 31.75 | 17.05 | -16.34 |
| 2019 (6) | 14.81 | 5.94 | 46.98 | -31.51 | 24.64 | -5.63 | 7.77 | 46.05 | 12.03 | -2.75 | 20.38 | 6.93 |
| 2018 (5) | 13.98 | 5.43 | 68.59 | 0 | 26.11 | -5.12 | 5.32 | 0 | 12.37 | 14.43 | 19.06 | 14.06 |
| 2017 (4) | 13.26 | 32.6 | 0.00 | 0 | 27.52 | -24.64 | 0.00 | 0 | 10.81 | 162.38 | 16.71 | -48.41 |
| 2016 (3) | 10.00 | 35.5 | 0.00 | 0 | 36.52 | -26.16 | 0.00 | 0 | 4.12 | -68.19 | 32.39 | -11.28 |
| 2015 (2) | 7.38 | 6.8 | 0.00 | 0 | 49.46 | -6.4 | 0.00 | 0 | 12.95 | 37.04 | 36.51 | -15.86 |
| 2014 (1) | 6.91 | 16.33 | 0.00 | 0 | 52.84 | -13.98 | 0.00 | 0 | 9.45 | -34.69 | 43.39 | -7.6 |
