- 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) | 1.85 | 29.37 | 25.0 | 0.85 | 51.79 | 157.58 | 49.25 | -22.77 | -19.92 | 107.02 | -34.36 | -60.61 | 38.76 | -7.89 | -20.77 | 117.50 | -36.39 | -58.66 |
| 23Q3 (19) | 1.43 | 2.14 | -23.12 | 0.56 | 30.23 | 40.0 | 63.77 | -1.79 | 30.2 | 163.04 | -22.56 | -28.8 | 42.08 | 3.16 | -12.97 | 184.73 | -21.29 | -19.55 |
| 23Q2 (18) | 1.40 | -11.39 | -17.65 | 0.43 | 7.5 | -33.85 | 64.93 | 12.88 | 21.61 | 210.55 | -8.41 | 51.06 | 40.79 | 10.81 | 0.74 | 234.70 | -6.34 | 54.13 |
| 23Q1 (17) | 1.58 | 6.76 | -1.25 | 0.40 | 21.21 | -52.94 | 57.52 | -6.47 | 0.89 | 229.89 | -15.39 | 114.61 | 36.81 | -24.75 | -24.98 | 250.60 | -11.84 | 117.78 |
| 22Q4 (16) | 1.48 | -20.43 | 1.37 | 0.33 | -17.5 | -59.26 | 61.50 | 25.56 | -1.57 | 271.69 | 18.65 | 142.28 | 48.92 | 1.18 | -8.3 | 284.26 | 23.8 | 134.4 |
| 22Q3 (15) | 1.86 | 9.41 | -10.58 | 0.40 | -38.46 | -59.6 | 48.98 | -8.26 | 11.85 | 228.98 | 64.28 | 148.62 | 48.35 | 19.41 | 37.95 | 229.62 | 50.8 | 127.71 |
| 22Q2 (14) | 1.70 | 6.25 | -20.93 | 0.65 | -23.53 | -40.37 | 53.39 | -6.35 | 26.37 | 139.38 | 30.12 | 67.0 | 40.49 | -17.49 | -1.96 | 152.27 | 32.33 | 80.41 |
| 22Q1 (13) | 1.60 | 9.59 | -48.05 | 0.85 | 4.94 | -52.51 | 57.01 | -8.75 | 92.73 | 107.12 | -4.48 | 111.24 | 49.07 | -8.02 | 44.58 | 115.07 | -5.11 | 148.32 |
| 21Q4 (12) | 1.46 | -29.81 | -20.22 | 0.81 | -18.18 | -65.09 | 62.48 | 42.68 | 25.54 | 112.14 | 21.76 | 185.71 | 53.35 | 52.21 | 48.19 | 121.27 | 20.26 | 128.77 |
| 21Q3 (11) | 2.08 | -3.26 | -6.73 | 0.99 | -9.17 | -62.36 | 43.79 | 3.64 | 7.43 | 92.10 | 10.35 | 165.72 | 35.05 | -15.13 | 44.36 | 100.84 | 19.48 | 97.18 |
| 21Q2 (10) | 2.15 | -30.19 | 8.04 | 1.09 | -39.11 | -15.5 | 42.25 | 42.83 | -7.75 | 83.46 | 64.58 | 18.28 | 41.30 | 21.69 | 26.45 | 84.40 | 82.13 | 0.84 |
| 21Q1 (9) | 3.08 | 68.31 | 12.82 | 1.79 | -22.84 | 51.69 | 29.58 | -40.57 | -11.33 | 50.71 | 29.2 | -34.47 | 33.94 | -5.72 | -28.77 | 46.34 | -12.58 | -26.56 |
| 20Q4 (8) | 1.83 | -17.94 | -9.85 | 2.32 | -11.79 | 26.09 | 49.77 | 22.11 | 10.85 | 39.25 | 13.24 | -20.55 | 36.00 | 48.27 | -42.46 | 53.01 | 3.66 | 67.01 |
| 20Q3 (7) | 2.23 | 12.06 | 53.79 | 2.63 | 103.88 | -25.28 | 40.76 | -11.0 | -34.85 | 34.66 | -50.88 | 34.08 | 24.28 | -25.66 | -58.02 | 51.14 | -38.9 | 67.34 |
| 20Q2 (6) | 1.99 | -27.11 | 7.57 | 1.29 | 9.32 | -64.17 | 45.80 | 37.29 | -6.68 | 70.56 | -8.83 | 179.45 | 32.66 | -31.46 | -22.46 | 83.70 | 32.65 | 159.86 |
| 20Q1 (5) | 2.73 | 34.48 | 40.0 | 1.18 | -35.87 | -32.18 | 33.36 | -25.7 | -28.61 | 77.39 | 56.66 | 47.61 | 47.65 | -23.83 | -6.0 | 63.10 | 98.8 | 30.18 |
| 19Q4 (4) | 2.03 | 40.0 | 0.0 | 1.84 | -47.73 | 0.0 | 44.90 | -28.23 | 0.0 | 49.40 | 91.1 | 0.0 | 62.56 | 8.16 | 0.0 | 31.74 | 3.86 | 0.0 |
| 19Q3 (3) | 1.45 | -21.62 | 0.0 | 3.52 | -2.22 | 0.0 | 62.56 | 27.47 | 0.0 | 25.85 | 2.38 | 0.0 | 57.84 | 37.32 | 0.0 | 30.56 | -5.12 | 0.0 |
| 19Q2 (2) | 1.85 | -5.13 | 0.0 | 3.60 | 106.9 | 0.0 | 49.08 | 5.03 | 0.0 | 25.25 | -51.84 | 0.0 | 42.12 | -16.91 | 0.0 | 32.21 | -33.55 | 0.0 |
| 19Q1 (1) | 1.95 | 0.0 | 0.0 | 1.74 | 0.0 | 0.0 | 46.73 | 0.0 | 0.0 | 52.43 | 0.0 | 0.0 | 50.69 | 0.0 | 0.0 | 48.47 | 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) | 6.79 | 25.28 | 2.16 | 13.68 | 53.79 | -20.12 | 169.10 | -12.05 | 41.46 | -16.02 | 181.43 | -13.7 |
| 2022 (9) | 5.42 | -28.21 | 1.90 | -54.65 | 67.34 | 39.22 | 192.26 | 120.53 | 49.37 | -4.28 | 210.23 | 150.36 |
| 2021 (8) | 7.55 | -60.76 | 4.19 | -31.98 | 48.37 | 154.98 | 87.18 | 47.24 | 51.58 | 22.37 | 83.97 | 133.06 |
| 2020 (7) | 19.24 | 25.18 | 6.16 | -3.75 | 18.97 | -20.13 | 59.21 | 3.84 | 42.15 | 1.74 | 36.03 | -8.41 |
| 2019 (6) | 15.37 | 74.66 | 6.40 | 5.09 | 23.75 | -42.77 | 57.02 | -4.79 | 41.43 | -16.42 | 39.34 | -24.08 |
| 2018 (5) | 8.80 | 5.77 | 6.09 | 30.69 | 41.50 | -5.36 | 59.89 | -23.51 | 49.57 | -28.84 | 51.82 | -1.26 |
| 2017 (4) | 8.32 | 21.46 | 4.66 | 77.86 | 43.85 | -17.76 | 78.30 | -43.78 | 69.66 | -35.5 | 52.48 | -37.96 |
| 2016 (3) | 6.85 | -41.25 | 2.62 | 65.82 | 53.32 | 70.41 | 139.27 | -39.55 | 108.00 | -2.62 | 84.59 | -43.9 |
| 2015 (2) | 11.66 | 372.06 | 1.58 | 6.04 | 31.29 | -78.85 | 230.40 | -5.69 | 110.91 | -27.19 | 150.78 | -37.15 |
| 2014 (1) | 2.47 | -25.6 | 1.49 | -37.66 | 147.92 | 34.52 | 244.31 | 60.27 | 152.32 | 21.26 | 239.91 | 75.39 |
