- 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) | 0.67 | -2.9 | -17.28 | 3.04 | 4.83 | 18.29 | 135.64 | 2.24 | 20.35 | 29.94 | -4.5 | -15.52 | 51.44 | -0.1 | 11.2 | 114.15 | 1.44 | 12.03 |
| 23Q3 (19) | 0.69 | -20.69 | -28.87 | 2.90 | 3.57 | 19.34 | 132.67 | 26.53 | 40.82 | 31.35 | -3.57 | -16.22 | 51.49 | 10.04 | 10.71 | 112.53 | 24.26 | 32.22 |
| 23Q2 (18) | 0.87 | 10.13 | -30.95 | 2.80 | 13.36 | -2.1 | 104.85 | -8.71 | 44.94 | 32.51 | -11.59 | 2.1 | 46.79 | -6.79 | 24.44 | 90.56 | -10.71 | 36.02 |
| 23Q1 (17) | 0.79 | -2.47 | -8.14 | 2.47 | -3.89 | 21.08 | 114.85 | 1.91 | 7.98 | 36.77 | 3.75 | -17.46 | 50.20 | 8.52 | -3.18 | 101.42 | -0.46 | 2.38 |
| 22Q4 (16) | 0.81 | -16.49 | -34.68 | 2.57 | 5.76 | -11.38 | 112.70 | 19.63 | 53.56 | 35.44 | -5.29 | 12.94 | 46.26 | -0.54 | 23.0 | 101.89 | 19.72 | 51.73 |
| 22Q3 (15) | 0.97 | -23.02 | 29.33 | 2.43 | -15.03 | 80.0 | 94.21 | 30.23 | -22.68 | 37.42 | 17.53 | -44.31 | 46.51 | 23.7 | -40.89 | 85.11 | 27.83 | -22.87 |
| 22Q2 (14) | 1.26 | 46.51 | 85.29 | 2.86 | 40.2 | 105.76 | 72.34 | -31.99 | -45.58 | 31.84 | -28.53 | -51.51 | 37.60 | -27.48 | -57.61 | 66.58 | -32.79 | -39.41 |
| 22Q1 (13) | 0.86 | -30.65 | 30.3 | 2.04 | -29.66 | 22.16 | 106.36 | 44.92 | -23.19 | 44.55 | 41.97 | -18.3 | 51.85 | 37.86 | -43.94 | 99.06 | 47.52 | -1.46 |
| 21Q4 (12) | 1.24 | 65.33 | 69.86 | 2.90 | 114.81 | 14.17 | 73.39 | -39.77 | -41.28 | 31.38 | -53.3 | -12.4 | 37.61 | -52.2 | -44.21 | 67.15 | -39.15 | -28.1 |
| 21Q3 (11) | 0.75 | 10.29 | 36.36 | 1.35 | -2.88 | -37.79 | 121.84 | -8.34 | -26.08 | 67.19 | 2.33 | 59.9 | 78.68 | -11.29 | 1.27 | 110.35 | 0.43 | -14.56 |
| 21Q2 (10) | 0.68 | 3.03 | -17.07 | 1.39 | -16.77 | -40.34 | 132.92 | -4.02 | 19.25 | 65.66 | 20.41 | 68.4 | 88.69 | -4.11 | 32.43 | 109.88 | 9.3 | 31.61 |
| 21Q1 (9) | 0.66 | -9.59 | 43.48 | 1.67 | -34.25 | 3.09 | 138.48 | 10.79 | -30.73 | 54.53 | 52.23 | -3.04 | 92.49 | 37.21 | -21.8 | 100.53 | 7.63 | -27.09 |
| 20Q4 (8) | 0.73 | 32.73 | -13.1 | 2.54 | 17.05 | -31.9 | 124.99 | -24.17 | 15.03 | 35.82 | -14.75 | 46.98 | 67.41 | -13.23 | -3.41 | 93.40 | -27.69 | 47.69 |
| 20Q3 (7) | 0.55 | -32.93 | -54.55 | 2.17 | -6.87 | -33.02 | 164.83 | 47.88 | 118.38 | 42.02 | 7.77 | 49.8 | 77.69 | 16.01 | 19.14 | 129.16 | 54.7 | 237.06 |
| 20Q2 (6) | 0.82 | 78.26 | -10.87 | 2.33 | 43.83 | -3.72 | 111.46 | -44.25 | 12.27 | 38.99 | -30.67 | 3.5 | 66.97 | -43.38 | 25.93 | 83.49 | -39.45 | -0.35 |
| 20Q1 (5) | 0.46 | -45.24 | -28.12 | 1.62 | -56.57 | 17.39 | 199.92 | 83.99 | 41.7 | 56.24 | 130.78 | -14.81 | 118.28 | 69.48 | 42.94 | 137.89 | 118.04 | 10.87 |
| 19Q4 (4) | 0.84 | -30.58 | 0.0 | 3.73 | 15.12 | 0.0 | 108.66 | 43.96 | 0.0 | 24.37 | -13.12 | 0.0 | 69.79 | 7.02 | 0.0 | 63.24 | 65.03 | 0.0 |
| 19Q3 (3) | 1.21 | 31.52 | 0.0 | 3.24 | 33.88 | 0.0 | 75.48 | -23.97 | 0.0 | 28.05 | -25.54 | 0.0 | 65.21 | 22.62 | 0.0 | 38.32 | -54.26 | 0.0 |
| 19Q2 (2) | 0.92 | 43.75 | 0.0 | 2.42 | 75.36 | 0.0 | 99.28 | -29.63 | 0.0 | 37.67 | -42.94 | 0.0 | 53.18 | -35.73 | 0.0 | 83.78 | -32.64 | 0.0 |
| 19Q1 (1) | 0.64 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 141.09 | 0.0 | 0.0 | 66.02 | 0.0 | 0.0 | 82.75 | 0.0 | 0.0 | 124.37 | 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) | 2.98 | -22.8 | 11.41 | -1.89 | 122.39 | 29.38 | 32.00 | 1.94 | 51.65 | 22.86 | 102.73 | 22.36 |
| 2022 (9) | 3.86 | 28.24 | 11.63 | 39.11 | 94.60 | -22.04 | 31.39 | -28.1 | 42.04 | -33.07 | 83.96 | -17.84 |
| 2021 (8) | 3.01 | 27.0 | 8.36 | -7.62 | 121.34 | -21.26 | 43.66 | 8.28 | 62.81 | -32.24 | 102.19 | 0.45 |
| 2020 (7) | 2.37 | -5.2 | 9.05 | 9.3 | 154.10 | 5.76 | 40.32 | -8.51 | 92.69 | 11.18 | 101.73 | -4.4 |
| 2019 (6) | 2.50 | -14.68 | 8.28 | 32.91 | 145.71 | 17.14 | 44.07 | -24.73 | 83.37 | 11.61 | 106.41 | -1.69 |
| 2018 (5) | 2.93 | 8.12 | 6.23 | 17.55 | 124.39 | -7.67 | 58.55 | -14.9 | 74.70 | -5.6 | 108.24 | -12.99 |
| 2017 (4) | 2.71 | 26.05 | 5.30 | 69.87 | 134.73 | -20.78 | 68.80 | -41.2 | 79.13 | 12.38 | 124.40 | -42.59 |
| 2016 (3) | 2.15 | -30.87 | 3.12 | -33.33 | 170.07 | 44.8 | 117.00 | 50.04 | 70.41 | 79.11 | 216.67 | 38.79 |
| 2015 (2) | 3.11 | -1.89 | 4.68 | -29.52 | 117.45 | 2.15 | 77.98 | 41.91 | 39.31 | 30.04 | 156.11 | 11.75 |
| 2014 (1) | 3.17 | 7.82 | 6.64 | 41.58 | 114.98 | -7.46 | 54.95 | -29.34 | 30.23 | -27.59 | 139.70 | -12.83 |
