- 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) | 0.94 | -9.62 | -47.49 | 0.54 | -11.48 | -6.9 | 96.30 | 10.36 | 89.08 | 168.02 | 12.66 | 6.75 | 35.87 | -10.99 | -7.02 | 228.46 | 16.5 | 34.58 |
| 23Q3 (19) | 1.04 | -35.8 | -38.46 | 0.61 | -14.08 | 5.17 | 87.26 | 55.32 | 62.5 | 149.14 | 16.96 | -4.54 | 40.30 | 22.2 | -13.03 | 196.10 | 30.12 | 19.87 |
| 23Q2 (18) | 1.62 | -7.95 | 5.88 | 0.71 | 26.79 | 20.34 | 56.18 | 8.94 | -5.28 | 127.51 | -21.31 | -16.93 | 32.98 | -9.72 | -35.9 | 150.71 | -14.89 | -6.6 |
| 23Q1 (17) | 1.76 | -1.68 | 18.92 | 0.56 | -3.45 | -5.08 | 51.57 | 1.26 | -16.4 | 162.05 | 2.95 | 5.23 | 36.53 | -5.31 | -31.17 | 177.08 | 4.31 | 8.89 |
| 22Q4 (16) | 1.79 | 5.92 | 23.45 | 0.58 | 0.0 | -23.68 | 50.93 | -5.16 | -19.09 | 157.40 | 0.74 | 32.0 | 38.58 | -16.75 | -6.2 | 169.76 | 3.77 | 20.35 |
| 22Q3 (15) | 1.69 | 10.46 | 24.26 | 0.58 | -1.69 | -20.55 | 53.70 | -9.46 | -20.02 | 156.24 | 1.79 | 24.81 | 46.34 | -9.93 | -1.93 | 163.59 | 1.38 | 12.77 |
| 22Q2 (14) | 1.53 | 3.38 | -7.83 | 0.59 | 0.0 | -24.36 | 59.31 | -3.86 | 8.17 | 153.50 | -0.32 | 31.91 | 51.45 | -3.05 | 26.07 | 161.36 | -0.77 | 23.76 |
| 22Q1 (13) | 1.48 | 2.07 | 5.71 | 0.59 | -22.37 | -11.94 | 61.69 | -2.0 | -4.98 | 154.00 | 29.15 | 14.16 | 53.07 | 29.03 | 35.56 | 162.62 | 15.28 | 1.22 |
| 21Q4 (12) | 1.45 | 6.62 | -21.62 | 0.76 | 4.11 | 5.56 | 62.95 | -6.24 | 28.13 | 119.24 | -4.75 | -5.09 | 41.13 | -12.95 | 25.13 | 141.06 | -2.76 | -0.58 |
| 21Q3 (11) | 1.36 | -18.07 | -1.45 | 0.73 | -6.41 | 40.38 | 67.14 | 22.45 | 2.01 | 125.18 | 7.57 | -28.58 | 47.25 | 15.78 | -2.48 | 145.07 | 11.27 | -24.69 |
| 21Q2 (10) | 1.66 | 18.57 | 28.68 | 0.78 | 16.42 | 20.0 | 54.83 | -15.54 | -22.26 | 116.37 | -13.74 | -16.59 | 40.81 | 4.24 | -10.13 | 130.38 | -18.85 | -20.81 |
| 21Q1 (9) | 1.40 | -24.32 | -14.63 | 0.67 | -6.94 | -11.84 | 64.92 | 32.14 | 16.89 | 134.90 | 7.38 | 12.24 | 39.15 | 19.11 | 10.66 | 160.66 | 13.24 | 14.48 |
| 20Q4 (8) | 1.85 | 34.06 | 43.41 | 0.72 | 38.46 | 7.46 | 49.13 | -25.36 | -30.59 | 125.63 | -28.33 | -7.53 | 32.87 | -32.16 | -14.09 | 141.88 | -26.35 | -15.73 |
| 20Q3 (7) | 1.38 | 6.98 | -9.21 | 0.52 | -20.0 | -37.35 | 65.82 | -6.68 | 10.1 | 175.28 | 25.63 | 59.4 | 48.45 | 6.69 | 46.86 | 192.64 | 17.01 | 40.87 |
| 20Q2 (6) | 1.29 | -21.34 | -6.52 | 0.65 | -14.47 | -9.72 | 70.53 | 26.99 | 7.2 | 139.52 | 16.08 | 10.07 | 45.41 | 28.35 | 20.61 | 164.64 | 17.32 | 6.29 |
| 20Q1 (5) | 1.64 | 27.13 | -3.53 | 0.76 | 13.43 | 8.57 | 55.54 | -21.53 | 4.05 | 120.19 | -11.53 | -6.92 | 35.38 | -7.53 | 3.27 | 140.34 | -16.65 | -5.34 |
| 19Q4 (4) | 1.29 | -15.13 | 0.0 | 0.67 | -19.28 | 0.0 | 70.78 | 18.4 | 0.0 | 135.86 | 23.55 | 0.0 | 38.26 | 15.97 | 0.0 | 168.37 | 23.12 | 0.0 |
| 19Q3 (3) | 1.52 | 10.14 | 0.0 | 0.83 | 15.28 | 0.0 | 59.78 | -9.14 | 0.0 | 109.96 | -13.25 | 0.0 | 32.99 | -12.38 | 0.0 | 136.75 | -11.72 | 0.0 |
| 19Q2 (2) | 1.38 | -18.82 | 0.0 | 0.72 | 2.86 | 0.0 | 65.79 | 23.25 | 0.0 | 126.76 | -1.84 | 0.0 | 37.65 | 9.89 | 0.0 | 154.90 | 4.48 | 0.0 |
| 19Q1 (1) | 1.70 | 0.0 | 0.0 | 0.70 | 0.0 | 0.0 | 53.38 | 0.0 | 0.0 | 129.13 | 0.0 | 0.0 | 34.26 | 0.0 | 0.0 | 148.26 | 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) | 6.28 | 2.78 | 2.57 | 9.83 | 58.09 | -2.76 | 142.06 | -8.74 | 27.12 | -31.5 | 173.04 | -1.58 |
| 2022 (9) | 6.11 | 0.16 | 2.34 | -16.13 | 59.74 | -0.08 | 155.67 | 18.9 | 39.59 | -0.7 | 175.81 | 16.54 |
| 2021 (8) | 6.10 | -2.09 | 2.79 | 3.72 | 59.79 | 2.0 | 130.93 | -3.36 | 39.87 | 10.63 | 150.86 | -4.55 |
| 2020 (7) | 6.23 | -18.88 | 2.69 | -1.1 | 58.62 | 23.38 | 135.48 | 1.13 | 36.04 | 12.06 | 158.05 | 5.85 |
| 2019 (6) | 7.68 | 31.73 | 2.72 | 0.0 | 47.51 | -24.07 | 133.97 | -0.07 | 32.16 | -0.8 | 149.31 | -9.08 |
| 2018 (5) | 5.83 | 70.97 | 2.72 | 4.62 | 62.57 | -41.57 | 134.06 | -4.6 | 32.42 | -14.66 | 164.22 | -21.65 |
| 2017 (4) | 3.41 | -29.69 | 2.60 | -22.39 | 107.08 | 42.2 | 140.52 | 29.08 | 37.99 | 32.23 | 209.60 | 34.84 |
| 2016 (3) | 4.85 | 4.53 | 3.35 | 24.07 | 75.30 | -4.26 | 108.86 | -19.54 | 28.73 | -29.64 | 155.44 | -10.21 |
| 2015 (2) | 4.64 | -13.75 | 2.70 | -3.57 | 78.65 | 15.9 | 135.30 | 3.94 | 40.83 | -5.66 | 173.12 | 11.87 |
| 2014 (1) | 5.38 | 7.82 | 2.80 | -9.97 | 67.86 | -7.14 | 130.17 | 11.08 | 43.28 | 6.44 | 154.75 | 3.44 |
