- 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) | 1.28 | 29.29 | -1.54 | 1.98 | 1.02 | -47.06 | 70.92 | -23.19 | 1.31 | 45.91 | -0.86 | 88.54 | 61.59 | -0.06 | 36.84 | 55.23 | -28.28 | 11.94 |
| 23Q3 (19) | 0.99 | -9.17 | 6.45 | 1.96 | -12.11 | -32.65 | 92.33 | 10.11 | -5.72 | 46.31 | 13.56 | 48.29 | 61.63 | 4.44 | 2.61 | 77.01 | 17.36 | 11.45 |
| 23Q2 (18) | 1.09 | 36.25 | 12.37 | 2.23 | -0.45 | -48.85 | 83.85 | -26.32 | -11.02 | 40.78 | 0.54 | 95.31 | 59.01 | -18.03 | 2.09 | 65.62 | -20.35 | 14.5 |
| 23Q1 (17) | 0.80 | -38.46 | 2.56 | 2.24 | -40.11 | -45.37 | 113.81 | 62.59 | -2.74 | 40.56 | 66.57 | 82.62 | 71.99 | 59.94 | -9.16 | 82.39 | 66.98 | 37.34 |
| 22Q4 (16) | 1.30 | 39.78 | 12.07 | 3.74 | 28.52 | -36.18 | 70.00 | -28.52 | -11.07 | 24.35 | -22.03 | 56.79 | 45.01 | -25.06 | -8.29 | 49.34 | -28.6 | 9.26 |
| 22Q3 (15) | 0.93 | -4.12 | -3.12 | 2.91 | -33.26 | -28.15 | 97.93 | 3.93 | 3.3 | 31.23 | 49.57 | 39.05 | 60.06 | 3.91 | 3.84 | 69.10 | 20.57 | 16.29 |
| 22Q2 (14) | 0.97 | 24.36 | -6.73 | 4.36 | 6.34 | 7.13 | 94.23 | -19.48 | 8.11 | 20.88 | -5.99 | -6.66 | 57.80 | -27.07 | 6.33 | 57.31 | -4.47 | 3.88 |
| 22Q1 (13) | 0.78 | -32.76 | 4.0 | 4.10 | -30.03 | 33.12 | 117.02 | 48.67 | -4.12 | 22.21 | 43.01 | -24.92 | 79.25 | 61.47 | 5.23 | 59.99 | 32.84 | -21.4 |
| 21Q4 (12) | 1.16 | 20.83 | -2.52 | 5.86 | 44.69 | 32.88 | 78.71 | -16.97 | 2.97 | 15.53 | -30.85 | -24.65 | 49.08 | -15.15 | 1.45 | 45.16 | -24.0 | -7.21 |
| 21Q3 (11) | 0.96 | -7.69 | -8.57 | 4.05 | -0.49 | 43.11 | 94.80 | 8.77 | 9.67 | 22.46 | 0.4 | -30.21 | 57.84 | 6.4 | -3.26 | 59.42 | 7.7 | 1.02 |
| 21Q2 (10) | 1.04 | 38.67 | 9.47 | 4.07 | 32.14 | 45.88 | 87.16 | -28.59 | -9.21 | 22.37 | -24.37 | -31.32 | 54.36 | -27.82 | 1.47 | 55.17 | -27.71 | -26.44 |
| 21Q1 (9) | 0.75 | -36.97 | -11.76 | 3.08 | -30.16 | 35.68 | 122.05 | 59.67 | 13.37 | 29.58 | 43.52 | -26.09 | 75.31 | 55.66 | 36.65 | 76.32 | 56.81 | -17.55 |
| 20Q4 (8) | 1.19 | 13.33 | 1.71 | 4.41 | 55.83 | 54.2 | 76.44 | -11.57 | -1.37 | 20.61 | -35.95 | -35.33 | 48.38 | -19.08 | 12.98 | 48.67 | -17.26 | -26.88 |
| 20Q3 (7) | 1.05 | 10.53 | 5.0 | 2.83 | 1.43 | 15.04 | 86.44 | -9.96 | -5.04 | 32.18 | -1.2 | -12.89 | 59.79 | 11.61 | 10.76 | 58.82 | -21.57 | -20.5 |
| 20Q2 (6) | 0.95 | 11.76 | -2.06 | 2.79 | 22.91 | 7.31 | 96.00 | -10.83 | 2.38 | 32.57 | -18.62 | -6.97 | 53.57 | -2.79 | -16.14 | 75.00 | -18.98 | 15.58 |
| 20Q1 (5) | 0.85 | -27.35 | 10.39 | 2.27 | -20.63 | -14.34 | 107.66 | 38.92 | -8.41 | 40.02 | 25.57 | 16.4 | 55.11 | 28.7 | -20.69 | 92.57 | 39.08 | 12.29 |
| 19Q4 (4) | 1.17 | 17.0 | 0.0 | 2.86 | 16.26 | 0.0 | 77.50 | -14.86 | 0.0 | 31.87 | -13.72 | 0.0 | 42.82 | -20.67 | 0.0 | 66.56 | -10.04 | 0.0 |
| 19Q3 (3) | 1.00 | 3.09 | 0.0 | 2.46 | -5.38 | 0.0 | 91.03 | -2.92 | 0.0 | 36.94 | 5.51 | 0.0 | 53.98 | -15.5 | 0.0 | 73.99 | 14.02 | 0.0 |
| 19Q2 (2) | 0.97 | 25.97 | 0.0 | 2.60 | -1.89 | 0.0 | 93.77 | -20.23 | 0.0 | 35.01 | 1.83 | 0.0 | 63.88 | -8.07 | 0.0 | 64.89 | -21.29 | 0.0 |
| 19Q1 (1) | 0.77 | 0.0 | 0.0 | 2.65 | 0.0 | 0.0 | 117.55 | 0.0 | 0.0 | 34.38 | 0.0 | 0.0 | 69.49 | 0.0 | 0.0 | 82.44 | 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) | 3.34 | 8.09 | 6.42 | -52.09 | 109.29 | -7.41 | 56.83 | 108.55 | 89.54 | 17.21 | 76.58 | 11.16 |
| 2022 (9) | 3.09 | -0.32 | 13.40 | -17.08 | 118.04 | 0.18 | 27.25 | 20.63 | 76.39 | -1.2 | 68.89 | 9.18 |
| 2021 (8) | 3.10 | -4.62 | 16.16 | 62.9 | 117.83 | 5.04 | 22.59 | -38.61 | 77.32 | 9.01 | 63.10 | -19.15 |
| 2020 (7) | 3.25 | -3.27 | 9.92 | 9.49 | 112.18 | 3.28 | 36.80 | -8.64 | 70.93 | 11.63 | 78.05 | -8.56 |
| 2019 (6) | 3.36 | -0.88 | 9.06 | -27.75 | 108.62 | 0.94 | 40.28 | 38.37 | 63.54 | 6.15 | 85.36 | 11.06 |
| 2018 (5) | 3.39 | 6.6 | 12.54 | 0.72 | 107.61 | -6.28 | 29.11 | -0.75 | 59.86 | -16.37 | 76.86 | 5.93 |
| 2017 (4) | 3.18 | 5.65 | 12.45 | 6.87 | 114.82 | -5.39 | 29.33 | -6.38 | 71.58 | -6.06 | 72.56 | -5.14 |
| 2016 (3) | 3.01 | -9.34 | 11.65 | 39.52 | 121.36 | 10.48 | 31.33 | -28.32 | 76.20 | -2.02 | 76.49 | 0.92 |
| 2015 (2) | 3.32 | -14.43 | 8.35 | 18.27 | 109.85 | 16.81 | 43.71 | -15.5 | 77.77 | 11.0 | 75.79 | 0.09 |
| 2014 (1) | 3.88 | 6.01 | 7.06 | -8.19 | 94.04 | -5.74 | 51.73 | 8.97 | 70.06 | 14.1 | 75.72 | -11.79 |
