- 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) | 0.15 | -90.38 | -92.75 | 0.54 | -49.53 | -54.24 | 594.22 | 921.52 | 1253.58 | 168.11 | 98.43 | 118.1 | 53.82 | 47.49 | 23.41 | 708.51 | 565.89 | 815.62 |
| 23Q3 (19) | 1.56 | -14.75 | -16.13 | 1.07 | -10.83 | -27.7 | 58.17 | 17.21 | 18.96 | 84.72 | 11.55 | 37.42 | 36.49 | 22.94 | -4.45 | 106.40 | 10.96 | 47.04 |
| 23Q2 (18) | 1.83 | 7.65 | -2.14 | 1.20 | 17.65 | -24.53 | 49.63 | -7.39 | 1.85 | 75.95 | -14.86 | 32.92 | 29.68 | -30.83 | -22.77 | 95.89 | -4.0 | 42.19 |
| 23Q1 (17) | 1.70 | -17.87 | 11.11 | 1.02 | -13.56 | -32.0 | 53.59 | 22.07 | -9.77 | 89.21 | 15.74 | 46.58 | 42.91 | -1.61 | -0.07 | 99.89 | 29.09 | 29.21 |
| 22Q4 (16) | 2.07 | 11.29 | 26.99 | 1.18 | -20.27 | -28.92 | 43.90 | -10.22 | -21.41 | 77.08 | 25.03 | 40.97 | 43.61 | 14.19 | 18.28 | 77.38 | 6.94 | 5.02 |
| 22Q3 (15) | 1.86 | -0.53 | 1.09 | 1.48 | -6.92 | -7.5 | 48.90 | 0.35 | -0.95 | 61.65 | 7.89 | 8.65 | 38.19 | -0.62 | 7.91 | 72.36 | 7.3 | 2.32 |
| 22Q2 (14) | 1.87 | 22.22 | 5.65 | 1.59 | 6.0 | 3.25 | 48.73 | -17.95 | -5.38 | 57.14 | -6.11 | -3.28 | 38.43 | -10.5 | 14.04 | 67.44 | -12.77 | -12.28 |
| 22Q1 (13) | 1.53 | -6.13 | -2.55 | 1.50 | -9.64 | 4.17 | 59.39 | 6.32 | 2.77 | 60.86 | 11.3 | -3.53 | 42.94 | 16.46 | 17.68 | 77.31 | 4.93 | -8.38 |
| 21Q4 (12) | 1.63 | -11.41 | -4.68 | 1.66 | 3.75 | 9.93 | 55.86 | 13.15 | 4.72 | 54.68 | -3.63 | -9.49 | 36.87 | 4.18 | -4.31 | 73.68 | 4.19 | -2.06 |
| 21Q3 (11) | 1.84 | 3.95 | -1.08 | 1.60 | 3.9 | 2.56 | 49.37 | -4.14 | 0.71 | 56.74 | -3.96 | -2.74 | 35.39 | 5.01 | 24.57 | 70.72 | -8.01 | -10.42 |
| 21Q2 (10) | 1.77 | 12.74 | 70.19 | 1.54 | 6.94 | 50.98 | 51.50 | -10.88 | -41.21 | 59.08 | -6.36 | -33.66 | 33.70 | -7.65 | -2.83 | 76.88 | -8.89 | -45.84 |
| 21Q1 (9) | 1.57 | -8.19 | -1.26 | 1.44 | -4.64 | 2.86 | 57.79 | 8.34 | 0.73 | 63.09 | 4.44 | -2.74 | 36.49 | -5.29 | 27.14 | 84.38 | 12.16 | -9.78 |
| 20Q4 (8) | 1.71 | -8.06 | -26.29 | 1.51 | -3.21 | 2.72 | 53.34 | 8.81 | 35.83 | 60.41 | 3.55 | -2.12 | 38.53 | 35.62 | 72.7 | 75.23 | -4.71 | -4.38 |
| 20Q3 (7) | 1.86 | 78.85 | -23.77 | 1.56 | 52.94 | 19.08 | 49.02 | -44.04 | 31.28 | 58.34 | -34.49 | -16.18 | 28.41 | -18.08 | 18.92 | 78.95 | -44.39 | -4.94 |
| 20Q2 (6) | 1.04 | -34.59 | -52.29 | 1.02 | -27.14 | -26.09 | 87.60 | 52.69 | 110.02 | 89.05 | 37.27 | 34.64 | 34.68 | 20.84 | 34.73 | 141.96 | 51.78 | 72.89 |
| 20Q1 (5) | 1.59 | -31.47 | -16.75 | 1.40 | -4.76 | 6.06 | 57.37 | 46.09 | 20.73 | 64.87 | 5.1 | -5.56 | 28.70 | 28.64 | 8.71 | 93.53 | 18.87 | 4.14 |
| 19Q4 (4) | 2.32 | -4.92 | 0.0 | 1.47 | 12.21 | 0.0 | 39.27 | 5.17 | 0.0 | 61.72 | -11.32 | 0.0 | 22.31 | -6.61 | 0.0 | 78.68 | -5.26 | 0.0 |
| 19Q3 (3) | 2.44 | 11.93 | 0.0 | 1.31 | -5.07 | 0.0 | 37.34 | -10.48 | 0.0 | 69.60 | 5.23 | 0.0 | 23.89 | -7.19 | 0.0 | 83.05 | 1.14 | 0.0 |
| 19Q2 (2) | 2.18 | 14.14 | 0.0 | 1.38 | 4.55 | 0.0 | 41.71 | -12.23 | 0.0 | 66.14 | -3.71 | 0.0 | 25.74 | -2.5 | 0.0 | 82.11 | -8.57 | 0.0 |
| 19Q1 (1) | 1.91 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 47.52 | 0.0 | 0.0 | 68.69 | 0.0 | 0.0 | 26.40 | 0.0 | 0.0 | 89.81 | 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) | 10.63 | 46.62 | 4.52 | -14.56 | 34.33 | -31.78 | 80.71 | 16.99 | 30.67 | -25.16 | 84.37 | 7.71 |
| 2022 (9) | 7.25 | 11.54 | 5.29 | -16.3 | 50.32 | -10.4 | 68.99 | 19.36 | 40.98 | 6.94 | 78.33 | 3.57 |
| 2021 (8) | 6.50 | 10.54 | 6.32 | 33.62 | 56.16 | -9.52 | 57.80 | -25.13 | 38.32 | -6.74 | 75.63 | -22.97 |
| 2020 (7) | 5.88 | -27.76 | 4.73 | -15.54 | 62.07 | 38.36 | 77.20 | 18.42 | 41.09 | 57.07 | 98.18 | 17.02 |
| 2019 (6) | 8.14 | -5.79 | 5.60 | 11.78 | 44.86 | 6.13 | 65.19 | -10.58 | 26.16 | 3.97 | 83.90 | -6.79 |
| 2018 (5) | 8.64 | 0.35 | 5.01 | -8.24 | 42.27 | -0.35 | 72.90 | 9.08 | 25.16 | 7.25 | 90.01 | 4.92 |
| 2017 (4) | 8.61 | 16.04 | 5.46 | -7.77 | 42.42 | -13.73 | 66.83 | 8.31 | 23.46 | 2.76 | 85.79 | -2.56 |
| 2016 (3) | 7.42 | 1.78 | 5.92 | -8.07 | 49.17 | -1.74 | 61.70 | 8.8 | 22.83 | 5.74 | 88.04 | 3.38 |
| 2015 (2) | 7.29 | 5.04 | 6.44 | 20.6 | 50.04 | -4.89 | 56.71 | -17.03 | 21.59 | -10.19 | 85.16 | -12.13 |
| 2014 (1) | 6.94 | -13.47 | 5.34 | 10.56 | 52.61 | 15.52 | 68.35 | -9.58 | 24.04 | 11.71 | 96.92 | -2.69 |
