- 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) | 0.58 | -30.12 | -24.68 | 1.25 | -30.94 | -2.34 | 155.61 | 41.12 | 31.17 | 72.74 | 44.84 | 2.52 | 63.73 | 34.31 | 38.03 | 164.62 | 45.62 | 14.79 |
| 23Q3 (19) | 0.83 | 6.41 | 25.76 | 1.81 | 29.29 | 57.39 | 110.27 | -5.47 | -19.91 | 50.22 | -22.86 | -36.45 | 47.45 | -13.87 | -11.34 | 113.05 | -10.75 | -30.73 |
| 23Q2 (18) | 0.78 | 0.0 | 25.81 | 1.40 | 4.48 | 14.75 | 116.65 | 0.31 | -20.82 | 65.10 | -3.97 | -12.59 | 55.09 | 6.06 | -10.87 | 126.66 | -4.15 | -20.83 |
| 23Q1 (17) | 0.78 | 1.3 | 2.63 | 1.34 | 4.69 | -4.96 | 116.29 | -1.97 | -3.14 | 67.79 | -4.45 | 4.76 | 51.94 | 12.5 | -3.53 | 132.14 | -7.86 | 0.92 |
| 22Q4 (16) | 0.77 | 16.67 | 4.05 | 1.28 | 11.3 | 16.36 | 118.63 | -13.84 | -3.34 | 70.95 | -10.22 | -14.27 | 46.17 | -13.73 | -30.32 | 143.41 | -12.13 | 3.0 |
| 22Q3 (15) | 0.66 | 6.45 | -10.81 | 1.15 | -5.74 | 5.5 | 137.69 | -6.54 | 11.65 | 79.03 | 6.11 | -4.94 | 53.52 | -13.41 | -34.68 | 163.21 | 2.01 | 31.06 |
| 22Q2 (14) | 0.62 | -18.42 | -30.34 | 1.22 | -13.48 | -15.86 | 147.32 | 22.71 | 43.6 | 74.48 | 15.1 | 18.98 | 61.81 | 14.8 | -9.65 | 159.99 | 22.2 | 65.31 |
| 22Q1 (13) | 0.76 | 2.7 | -2.56 | 1.41 | 28.18 | 9.3 | 120.06 | -2.18 | 3.45 | 64.71 | -21.81 | -8.51 | 53.84 | -18.74 | -29.71 | 130.93 | -5.96 | 18.82 |
| 21Q4 (12) | 0.74 | 0.0 | -5.13 | 1.10 | 0.92 | -23.08 | 122.73 | -0.48 | 4.78 | 82.76 | -0.46 | 30.17 | 66.26 | -19.14 | -18.12 | 139.23 | 11.8 | 39.52 |
| 21Q3 (11) | 0.74 | -16.85 | -12.94 | 1.09 | -24.83 | -34.73 | 123.32 | 20.21 | 15.77 | 83.14 | 32.81 | 52.24 | 81.94 | 19.78 | 7.62 | 124.53 | 28.67 | 46.52 |
| 21Q2 (10) | 0.89 | 14.1 | 7.23 | 1.45 | 12.4 | -15.2 | 102.59 | -11.61 | -6.75 | 62.60 | -11.49 | 17.67 | 68.41 | -10.69 | 2.0 | 96.78 | -12.17 | 0.66 |
| 21Q1 (9) | 0.78 | 0.0 | 9.86 | 1.29 | -9.79 | -20.37 | 116.06 | -0.91 | -9.31 | 70.73 | 11.25 | 25.54 | 76.60 | -5.34 | 20.44 | 110.19 | 10.42 | -8.72 |
| 20Q4 (8) | 0.78 | -8.24 | 1.3 | 1.43 | -14.37 | -11.73 | 117.13 | 9.96 | -0.91 | 63.58 | 16.43 | 13.39 | 80.92 | 6.28 | 29.02 | 99.79 | 17.41 | -10.55 |
| 20Q3 (7) | 0.85 | 2.41 | 8.97 | 1.67 | -2.34 | 8.44 | 106.52 | -3.18 | -8.3 | 54.61 | 2.65 | -7.75 | 76.14 | 13.52 | 25.5 | 84.99 | -11.61 | -25.9 |
| 20Q2 (6) | 0.83 | 16.9 | 6.41 | 1.71 | 5.56 | 21.28 | 110.02 | -14.03 | -5.65 | 53.20 | -5.57 | -17.74 | 67.07 | 5.46 | 18.16 | 96.15 | -20.35 | -22.78 |
| 20Q1 (5) | 0.71 | -7.79 | -1.39 | 1.62 | 0.0 | 22.73 | 127.98 | 8.26 | 0.89 | 56.34 | 0.48 | -18.18 | 63.60 | 1.4 | 9.49 | 120.72 | 8.21 | -12.28 |
| 19Q4 (4) | 0.77 | -1.28 | 0.0 | 1.62 | 5.19 | 0.0 | 118.21 | 1.76 | 0.0 | 56.07 | -5.29 | 0.0 | 62.72 | 3.38 | 0.0 | 111.56 | -2.73 | 0.0 |
| 19Q3 (3) | 0.78 | 0.0 | 0.0 | 1.54 | 9.22 | 0.0 | 116.16 | -0.39 | 0.0 | 59.20 | -8.46 | 0.0 | 60.67 | 6.89 | 0.0 | 114.69 | -7.89 | 0.0 |
| 19Q2 (2) | 0.78 | 8.33 | 0.0 | 1.41 | 6.82 | 0.0 | 116.61 | -8.07 | 0.0 | 64.67 | -6.08 | 0.0 | 56.76 | -2.29 | 0.0 | 124.52 | -9.52 | 0.0 |
| 19Q1 (1) | 0.72 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 126.85 | 0.0 | 0.0 | 68.86 | 0.0 | 0.0 | 58.09 | 0.0 | 0.0 | 137.62 | 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) | 3.20 | 7.74 | 5.68 | 15.45 | 114.06 | -7.28 | 64.26 | -13.42 | 48.47 | -14.3 | 129.85 | -7.69 |
| 2022 (9) | 2.97 | -10.27 | 4.92 | -8.04 | 123.01 | 11.69 | 74.22 | 8.78 | 56.56 | -12.49 | 140.67 | 23.68 |
| 2021 (8) | 3.31 | 5.41 | 5.35 | -8.55 | 110.14 | -5.17 | 68.23 | 9.34 | 64.63 | -12.4 | 113.74 | 8.56 |
| 2020 (7) | 3.14 | 6.8 | 5.85 | 3.17 | 116.14 | -6.47 | 62.40 | -3.02 | 73.78 | 8.79 | 104.77 | -13.19 |
| 2019 (6) | 2.94 | -6.07 | 5.67 | -3.57 | 124.18 | 6.48 | 64.34 | 3.59 | 67.82 | -4.59 | 120.69 | 12.11 |
| 2018 (5) | 3.13 | 18.11 | 5.88 | 3.7 | 116.62 | -15.33 | 62.11 | -3.45 | 71.08 | -26.33 | 107.65 | 1.98 |
| 2017 (4) | 2.65 | -2.21 | 5.67 | -8.1 | 137.73 | 2.14 | 64.33 | 8.67 | 96.49 | 2.66 | 105.56 | 5.5 |
| 2016 (3) | 2.71 | -8.75 | 6.17 | 14.47 | 134.84 | 9.64 | 59.20 | -12.66 | 93.99 | -0.06 | 100.06 | 3.47 |
| 2015 (2) | 2.97 | -6.01 | 5.39 | 5.48 | 122.98 | 6.37 | 67.78 | -5.15 | 94.05 | 2.17 | 96.70 | 1.76 |
| 2014 (1) | 3.16 | -7.6 | 5.11 | 0.2 | 115.61 | 8.34 | 71.46 | -0.07 | 92.05 | 1.81 | 95.03 | 8.23 |
