- 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) | 0.99 | 19.28 | 54.69 | 0.25 | 8.7 | 25.0 | 92.13 | -16.17 | -35.06 | 371.04 | -7.23 | -20.24 | 57.68 | -4.88 | -50.53 | 405.49 | -9.73 | -17.33 |
| 23Q3 (19) | 0.83 | -8.79 | 5.06 | 0.23 | 4.55 | -11.54 | 109.90 | 10.11 | -4.26 | 399.96 | -1.18 | 15.25 | 60.64 | 16.68 | -53.23 | 449.22 | -0.74 | 35.23 |
| 23Q2 (18) | 0.91 | 42.19 | -14.95 | 0.22 | 46.67 | -48.84 | 99.81 | -29.55 | 17.22 | 404.75 | -31.46 | 90.14 | 51.97 | -43.33 | -47.57 | 452.59 | -29.34 | 127.56 |
| 23Q1 (17) | 0.64 | 0.0 | -45.76 | 0.15 | -25.0 | -75.41 | 141.67 | -0.14 | 83.68 | 590.54 | 26.95 | 295.46 | 91.71 | -21.34 | 21.26 | 640.49 | 30.59 | 324.67 |
| 22Q4 (16) | 0.64 | -18.99 | -57.05 | 0.20 | -23.08 | -71.43 | 141.87 | 23.59 | 132.35 | 465.19 | 34.04 | 259.78 | 116.59 | -10.07 | 79.12 | 490.47 | 47.65 | 291.53 |
| 22Q3 (15) | 0.79 | -26.17 | -51.23 | 0.26 | -39.53 | -59.38 | 114.79 | 34.81 | 103.93 | 347.05 | 63.03 | 145.61 | 129.65 | 30.79 | 102.48 | 332.19 | 67.02 | 148.72 |
| 22Q2 (14) | 1.07 | -9.32 | -21.9 | 0.43 | -29.51 | -23.21 | 85.15 | 10.4 | 28.64 | 212.87 | 42.55 | 31.3 | 99.13 | 31.07 | 57.47 | 198.89 | 31.87 | 20.28 |
| 22Q1 (13) | 1.18 | -20.81 | -1.67 | 0.61 | -12.86 | 22.0 | 77.13 | 26.32 | 1.63 | 149.33 | 15.49 | -17.41 | 75.63 | 16.19 | 17.31 | 150.82 | 20.4 | -21.53 |
| 21Q4 (12) | 1.49 | -8.02 | 28.45 | 0.70 | 9.37 | 45.83 | 61.06 | 8.47 | -22.11 | 129.30 | -8.49 | -32.36 | 65.09 | 1.66 | 4.16 | 125.27 | -6.21 | -39.5 |
| 21Q3 (11) | 1.62 | 18.25 | 48.62 | 0.64 | 14.29 | 52.38 | 56.29 | -14.96 | -32.35 | 141.30 | -12.84 | -34.18 | 64.03 | 1.72 | 2.15 | 133.56 | -19.23 | -43.22 |
| 21Q2 (10) | 1.37 | 14.17 | 22.32 | 0.56 | 12.0 | 30.23 | 66.19 | -12.78 | -18.36 | 162.12 | -10.33 | -23.29 | 62.95 | -2.36 | 1.76 | 165.36 | -13.97 | -28.28 |
| 21Q1 (9) | 1.20 | 3.45 | 17.65 | 0.50 | 4.17 | 19.05 | 75.89 | -3.19 | -14.85 | 180.80 | -5.42 | -17.03 | 64.47 | 3.17 | -5.54 | 192.21 | -7.18 | -19.5 |
| 20Q4 (8) | 1.16 | 6.42 | 7.41 | 0.48 | 14.29 | -2.04 | 78.39 | -5.79 | -7.04 | 191.17 | -10.96 | 2.6 | 62.49 | -0.3 | 3.14 | 207.07 | -11.97 | -1.43 |
| 20Q3 (7) | 1.09 | -2.68 | 13.54 | 0.42 | -2.33 | 0.0 | 83.21 | 2.63 | -11.96 | 214.69 | 1.59 | -0.9 | 62.68 | 1.33 | -4.26 | 235.22 | 2.03 | -4.25 |
| 20Q2 (6) | 1.12 | 9.8 | 27.27 | 0.43 | 2.38 | 7.5 | 81.08 | -9.02 | -21.52 | 211.33 | -3.02 | -6.64 | 61.86 | -9.36 | 3.64 | 230.55 | -3.45 | -14.6 |
| 20Q1 (5) | 1.02 | -5.56 | 47.83 | 0.42 | -14.29 | 31.25 | 89.12 | 5.68 | -32.55 | 217.91 | 16.95 | -23.88 | 68.25 | 12.64 | -3.6 | 238.78 | 13.67 | -31.3 |
| 19Q4 (4) | 1.08 | 12.5 | 0.0 | 0.49 | 16.67 | 0.0 | 84.33 | -10.77 | 0.0 | 186.33 | -13.99 | 0.0 | 60.59 | -7.45 | 0.0 | 210.07 | -14.49 | 0.0 |
| 19Q3 (3) | 0.96 | 9.09 | 0.0 | 0.42 | 5.0 | 0.0 | 94.51 | -8.52 | 0.0 | 216.63 | -4.29 | 0.0 | 65.47 | 9.68 | 0.0 | 245.66 | -9.0 | 0.0 |
| 19Q2 (2) | 0.88 | 27.54 | 0.0 | 0.40 | 25.0 | 0.0 | 103.31 | -21.81 | 0.0 | 226.35 | -20.93 | 0.0 | 59.69 | -15.69 | 0.0 | 269.97 | -22.33 | 0.0 |
| 19Q1 (1) | 0.69 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 132.13 | 0.0 | 0.0 | 286.26 | 0.0 | 0.0 | 70.80 | 0.0 | 0.0 | 347.58 | 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) | 3.33 | -15.05 | 0.86 | -33.33 | 109.58 | 17.83 | 423.21 | 50.03 | 72.73 | -14.99 | 460.06 | 58.89 |
| 2022 (9) | 3.92 | -27.94 | 1.29 | -44.64 | 93.00 | 38.54 | 282.09 | 79.69 | 85.55 | 22.27 | 289.54 | 87.83 |
| 2021 (8) | 5.44 | 31.4 | 2.33 | 33.91 | 67.13 | -23.86 | 156.99 | -25.25 | 69.97 | -3.56 | 154.15 | -31.68 |
| 2020 (7) | 4.14 | 14.36 | 1.74 | 6.75 | 88.17 | -12.64 | 210.01 | -5.93 | 72.55 | 12.88 | 225.62 | -13.2 |
| 2019 (6) | 3.62 | 8.71 | 1.63 | -24.19 | 100.93 | -7.96 | 223.26 | 31.68 | 64.27 | 15.95 | 259.93 | 16.15 |
| 2018 (5) | 3.33 | -6.2 | 2.15 | -30.19 | 109.66 | 6.54 | 169.55 | 43.08 | 55.43 | 3.34 | 223.79 | 33.38 |
| 2017 (4) | 3.55 | -11.47 | 3.08 | 9.22 | 102.93 | 13.07 | 118.50 | -8.42 | 53.64 | 3.25 | 167.79 | -0.41 |
| 2016 (3) | 4.01 | -14.32 | 2.82 | -14.55 | 91.03 | 16.62 | 129.40 | 16.89 | 51.95 | -0.65 | 168.48 | 23.46 |
| 2015 (2) | 4.68 | -2.9 | 3.30 | -20.48 | 78.06 | 3.17 | 110.70 | 25.92 | 52.29 | -2.44 | 136.47 | 24.09 |
| 2014 (1) | 4.82 | -9.23 | 4.15 | 11.86 | 75.66 | 10.03 | 87.91 | -10.75 | 53.60 | 25.76 | 109.98 | -11.76 |
