- 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) | 23.36 | -37.59 | -37.36 | 1.18 | -4.07 | 1.72 | 3.90 | 60.49 | 59.84 | 77.20 | 4.56 | -1.82 | 32.70 | -8.56 | 0.46 | 48.40 | 19.48 | -0.25 |
| 23Q3 (19) | 37.43 | -34.3 | -41.51 | 1.23 | 4.24 | -6.11 | 2.43 | 51.88 | 71.13 | 73.83 | -3.92 | 6.14 | 35.76 | -14.47 | -7.62 | 40.51 | 10.59 | 25.5 |
| 23Q2 (18) | 56.97 | 47.94 | -6.5 | 1.18 | 3.51 | -9.23 | 1.60 | -32.2 | 7.38 | 76.84 | -3.7 | 9.72 | 41.81 | 8.48 | -6.94 | 36.63 | -16.01 | 37.76 |
| 23Q1 (17) | 38.51 | 3.27 | 1.96 | 1.14 | -1.72 | -10.94 | 2.36 | -3.28 | -2.07 | 79.79 | 1.48 | 12.05 | 38.54 | 18.4 | -13.43 | 43.61 | -10.12 | 49.86 |
| 22Q4 (16) | 37.29 | -41.73 | -3.32 | 1.16 | -11.45 | -16.55 | 2.44 | 71.83 | 3.39 | 78.63 | 13.04 | 20.3 | 32.55 | -15.91 | -14.18 | 48.52 | 50.31 | 62.87 |
| 22Q3 (15) | 63.99 | 5.02 | 23.32 | 1.31 | 0.77 | -9.66 | 1.42 | -4.7 | -18.86 | 69.56 | -0.67 | 10.91 | 38.71 | -13.84 | -6.66 | 32.28 | 21.4 | 40.35 |
| 22Q2 (14) | 60.93 | 61.32 | 0.66 | 1.30 | 1.56 | -17.72 | 1.49 | -38.17 | -0.67 | 70.03 | -1.66 | 21.69 | 44.93 | 0.92 | 16.52 | 26.59 | -8.63 | 29.77 |
| 22Q1 (13) | 37.77 | -2.07 | -20.08 | 1.28 | -7.91 | 0.0 | 2.41 | 2.12 | 24.87 | 71.21 | 8.95 | 0.01 | 44.52 | 17.37 | 14.45 | 29.10 | -2.32 | -14.96 |
| 21Q4 (12) | 38.57 | -25.67 | -0.44 | 1.39 | -4.14 | 12.1 | 2.36 | 34.86 | 0.43 | 65.36 | 4.21 | -11.14 | 37.93 | -8.54 | -7.8 | 29.79 | 29.52 | -14.27 |
| 21Q3 (11) | 51.89 | -14.27 | 1.55 | 1.45 | -8.23 | -9.94 | 1.75 | 16.67 | -1.69 | 62.72 | 8.98 | 10.71 | 41.47 | 7.55 | 14.27 | 23.00 | 12.25 | 3.88 |
| 21Q2 (10) | 60.53 | 28.08 | 33.0 | 1.58 | 23.44 | 8.22 | 1.50 | -22.28 | -25.0 | 57.55 | -19.17 | -7.73 | 38.56 | -0.87 | -6.5 | 20.49 | -40.12 | -11.41 |
| 21Q1 (9) | 47.26 | 21.99 | 33.2 | 1.28 | 3.23 | 0.0 | 1.93 | -17.87 | -24.61 | 71.20 | -3.2 | 0.1 | 38.90 | -5.44 | -8.96 | 34.22 | -1.53 | 10.53 |
| 20Q4 (8) | 38.74 | -24.19 | 40.16 | 1.24 | -22.98 | 2.48 | 2.35 | 32.02 | -28.57 | 73.55 | 29.83 | -2.45 | 41.14 | 13.36 | -5.32 | 34.75 | 56.96 | -1.39 |
| 20Q3 (7) | 51.10 | 12.28 | 60.44 | 1.61 | 10.27 | 5.23 | 1.78 | -11.0 | -37.76 | 56.65 | -9.17 | -4.85 | 36.29 | -12.0 | 2.69 | 22.14 | -4.28 | -18.18 |
| 20Q2 (6) | 45.51 | 28.27 | 39.9 | 1.46 | 14.06 | -2.67 | 2.00 | -21.88 | -28.57 | 62.37 | -12.32 | 2.62 | 41.24 | -3.49 | 18.34 | 23.13 | -25.29 | -19.49 |
| 20Q1 (5) | 35.48 | 28.36 | 29.96 | 1.28 | 5.79 | -2.29 | 2.56 | -22.19 | -23.12 | 71.13 | -5.66 | 2.74 | 42.73 | -1.66 | 26.87 | 30.96 | -12.15 | -20.37 |
| 19Q4 (4) | 27.64 | -13.22 | 0.0 | 1.21 | -20.92 | 0.0 | 3.29 | 15.03 | 0.0 | 75.40 | 26.64 | 0.0 | 43.45 | 22.95 | 0.0 | 35.24 | 30.23 | 0.0 |
| 19Q3 (3) | 31.85 | -2.09 | 0.0 | 1.53 | 2.0 | 0.0 | 2.86 | 2.14 | 0.0 | 59.54 | -2.04 | 0.0 | 35.34 | 1.41 | 0.0 | 27.06 | -5.81 | 0.0 |
| 19Q2 (2) | 32.53 | 19.16 | 0.0 | 1.50 | 14.5 | 0.0 | 2.80 | -15.92 | 0.0 | 60.78 | -12.21 | 0.0 | 34.85 | 3.47 | 0.0 | 28.73 | -26.11 | 0.0 |
| 19Q1 (1) | 27.30 | 0.0 | 0.0 | 1.31 | 0.0 | 0.0 | 3.33 | 0.0 | 0.0 | 69.23 | 0.0 | 0.0 | 33.68 | 0.0 | 0.0 | 38.88 | 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) | 111.38 | -9.7 | 6.13 | 0.0 | 3.28 | 10.81 | 59.58 | 0.05 | 23.74 | -19.88 | 39.12 | 18.98 |
| 2022 (9) | 123.34 | -10.89 | 6.13 | -1.61 | 2.96 | 12.12 | 59.55 | 1.62 | 29.63 | -10.7 | 32.88 | 17.22 |
| 2021 (8) | 138.42 | -8.94 | 6.23 | -2.96 | 2.64 | 10.0 | 58.60 | 3.11 | 33.18 | 10.64 | 28.05 | -4.07 |
| 2020 (7) | 152.01 | 28.63 | 6.42 | 3.38 | 2.40 | -22.33 | 56.83 | -3.24 | 29.99 | 8.15 | 29.24 | -14.23 |
| 2019 (6) | 118.18 | -1.29 | 6.21 | 1.47 | 3.09 | 1.31 | 58.73 | -1.58 | 27.73 | -4.38 | 34.09 | 1.1 |
| 2018 (5) | 119.72 | -25.63 | 6.12 | 0.99 | 3.05 | 34.36 | 59.67 | -0.9 | 29.00 | -23.34 | 33.72 | 36.8 |
| 2017 (4) | 160.97 | -29.35 | 6.06 | 5.76 | 2.27 | 41.87 | 60.21 | -5.43 | 37.83 | -16.89 | 24.65 | 24.81 |
| 2016 (3) | 227.84 | -24.55 | 5.73 | 12.8 | 1.60 | 32.23 | 63.67 | -11.38 | 45.52 | -12.11 | 19.75 | -7.1 |
| 2015 (2) | 301.98 | 17.8 | 5.08 | 4.74 | 1.21 | -14.79 | 71.85 | -4.45 | 51.79 | -3.95 | 21.26 | -6.38 |
| 2014 (1) | 256.34 | 92.01 | 4.85 | -3.96 | 1.42 | -47.99 | 75.20 | 3.94 | 53.92 | -3.11 | 22.71 | 16.88 |
