- 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) | 2.79 | 39.5 | 102.17 | 0.82 | 43.86 | 2.5 | 32.61 | -28.28 | -50.52 | 110.38 | -30.37 | -3.16 | 25.50 | -40.55 | -40.2 | 117.49 | -27.08 | -14.38 |
| 23Q3 (19) | 2.00 | 37.93 | 29.87 | 0.57 | 0.0 | -34.48 | 45.47 | -27.4 | -23.15 | 158.53 | -0.11 | 52.11 | 42.89 | -12.11 | 22.96 | 161.12 | -6.62 | 25.38 |
| 23Q2 (18) | 1.45 | -2.03 | 9.85 | 0.57 | -9.52 | -8.06 | 62.63 | 1.72 | -9.44 | 158.70 | 10.68 | 8.25 | 48.80 | -1.95 | 9.66 | 172.54 | 11.17 | 0.75 |
| 23Q1 (17) | 1.48 | 7.25 | -2.63 | 0.63 | -21.25 | -5.97 | 61.57 | -6.57 | 3.17 | 143.39 | 25.8 | 5.13 | 49.77 | 16.72 | 11.19 | 155.20 | 13.09 | 2.56 |
| 22Q4 (16) | 1.38 | -10.39 | -40.77 | 0.80 | -8.05 | 1.27 | 65.90 | 11.37 | 68.59 | 113.98 | 9.36 | -1.02 | 42.64 | 22.25 | 19.07 | 137.23 | 6.79 | 15.87 |
| 22Q3 (15) | 1.54 | 16.67 | -26.32 | 0.87 | 40.32 | 74.0 | 59.17 | -14.44 | 35.68 | 104.22 | -28.91 | -43.09 | 34.88 | -21.62 | -29.88 | 128.51 | -24.96 | -27.39 |
| 22Q2 (14) | 1.32 | -13.16 | -33.33 | 0.62 | -7.46 | 47.62 | 69.16 | 15.88 | 50.48 | 146.60 | 7.49 | -32.34 | 44.50 | -0.58 | -13.09 | 171.26 | 13.18 | -19.0 |
| 22Q1 (13) | 1.52 | -34.76 | -13.14 | 0.67 | -15.19 | 63.41 | 59.68 | 52.67 | 15.06 | 136.39 | 18.45 | -38.67 | 44.76 | 24.99 | -2.82 | 151.32 | 27.77 | -33.68 |
| 21Q4 (12) | 2.33 | 11.48 | 13.11 | 0.79 | 58.0 | 79.55 | 39.09 | -10.36 | -11.6 | 115.15 | -37.12 | -44.68 | 35.81 | -28.01 | 1.24 | 118.43 | -33.09 | -45.43 |
| 21Q3 (11) | 2.09 | 5.56 | 53.68 | 0.50 | 19.05 | 47.06 | 43.61 | -5.11 | -34.62 | 183.12 | -15.49 | -31.71 | 49.74 | -2.85 | 38.94 | 176.99 | -16.29 | -40.82 |
| 21Q2 (10) | 1.98 | 13.14 | 2.06 | 0.42 | 2.44 | 0.0 | 45.96 | -11.39 | -1.92 | 216.68 | -2.56 | -0.07 | 51.20 | 11.16 | 55.43 | 211.43 | -7.34 | -8.37 |
| 21Q1 (9) | 1.75 | -15.05 | 6.06 | 0.41 | -6.82 | 32.26 | 51.87 | 17.3 | -6.08 | 222.37 | 6.82 | -24.36 | 46.06 | 30.22 | 20.54 | 228.18 | 5.14 | -26.63 |
| 20Q4 (8) | 2.06 | 51.47 | 4.57 | 0.44 | 29.41 | -4.35 | 44.22 | -33.7 | -4.33 | 208.17 | -22.37 | 5.71 | 35.37 | -1.2 | 67.23 | 217.02 | -27.43 | -2.25 |
| 20Q3 (7) | 1.36 | -29.9 | -8.72 | 0.34 | -19.05 | 3.03 | 66.70 | 42.34 | 9.31 | 268.15 | 23.67 | -1.58 | 35.80 | 8.68 | -7.49 | 299.05 | 29.6 | 1.45 |
| 20Q2 (6) | 1.94 | 17.58 | 36.62 | 0.42 | 35.48 | 10.53 | 46.86 | -15.15 | -26.91 | 216.83 | -26.24 | -8.56 | 32.94 | -13.79 | -2.89 | 230.75 | -25.8 | -13.68 |
| 20Q1 (5) | 1.65 | -16.24 | 17.02 | 0.31 | -32.61 | -26.19 | 55.23 | 19.49 | -14.16 | 293.97 | 49.28 | 37.22 | 38.21 | 80.66 | 37.79 | 310.99 | 40.08 | 23.98 |
| 19Q4 (4) | 1.97 | 32.21 | 0.0 | 0.46 | 39.39 | 0.0 | 46.22 | -24.25 | 0.0 | 196.93 | -27.72 | 0.0 | 21.15 | -45.35 | 0.0 | 222.01 | -24.69 | 0.0 |
| 19Q3 (3) | 1.49 | 4.93 | 0.0 | 0.33 | -13.16 | 0.0 | 61.02 | -4.82 | 0.0 | 272.46 | 14.89 | 0.0 | 38.70 | 14.09 | 0.0 | 294.78 | 10.27 | 0.0 |
| 19Q2 (2) | 1.42 | 0.71 | 0.0 | 0.38 | -9.52 | 0.0 | 64.11 | -0.36 | 0.0 | 237.14 | 10.69 | 0.0 | 33.92 | 22.32 | 0.0 | 267.33 | 6.58 | 0.0 |
| 19Q1 (1) | 1.41 | 0.0 | 0.0 | 0.42 | 0.0 | 0.0 | 64.34 | 0.0 | 0.0 | 214.23 | 0.0 | 0.0 | 27.73 | 0.0 | 0.0 | 250.83 | 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) | 9.34 | 49.92 | 2.89 | 2.48 | 39.08 | -33.32 | 126.43 | -2.46 | 36.11 | -24.47 | 129.40 | -7.85 |
| 2022 (9) | 6.23 | -7.7 | 2.82 | 29.95 | 58.61 | 8.42 | 129.62 | -22.79 | 47.81 | 0.38 | 140.42 | -19.44 |
| 2021 (8) | 6.75 | -3.98 | 2.17 | 40.0 | 54.06 | 4.14 | 167.88 | -28.71 | 47.63 | 28.28 | 174.31 | -30.35 |
| 2020 (7) | 7.03 | 8.15 | 1.55 | -7.74 | 51.91 | -7.5 | 235.49 | 8.17 | 37.13 | 41.66 | 250.27 | 1.07 |
| 2019 (6) | 6.50 | 3.17 | 1.68 | -26.96 | 56.12 | -3.17 | 217.70 | 37.32 | 26.21 | -10.94 | 247.61 | 32.36 |
| 2018 (5) | 6.30 | -15.78 | 2.30 | -13.53 | 57.96 | 18.75 | 158.54 | 15.37 | 29.43 | -14.12 | 187.07 | 23.1 |
| 2017 (4) | 7.48 | 4.32 | 2.66 | -8.9 | 48.81 | -4.07 | 137.42 | 10.06 | 34.27 | -30.89 | 151.96 | 20.46 |
| 2016 (3) | 7.17 | 34.02 | 2.92 | -15.36 | 50.88 | -25.43 | 124.86 | 17.97 | 49.59 | -26.92 | 126.15 | 18.77 |
| 2015 (2) | 5.35 | 10.08 | 3.45 | -19.77 | 68.23 | -9.06 | 105.84 | 24.81 | 67.86 | -5.89 | 106.21 | 21.09 |
| 2014 (1) | 4.86 | 42.94 | 4.30 | 36.08 | 75.03 | -30.07 | 84.80 | -26.47 | 72.11 | -13.3 | 87.71 | -37.11 |
