- 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) | 1.36 | -18.07 | -8.72 | 0.76 | -24.0 | -15.56 | 66.91 | 22.08 | 9.4 | 119.94 | 31.33 | 19.28 | 100.24 | 16.93 | 21.96 | 86.61 | 43.37 | 8.9 |
| 23Q3 (19) | 1.66 | -16.58 | -9.78 | 1.00 | -0.99 | 5.26 | 54.81 | 19.7 | 10.97 | 91.33 | 1.51 | -4.6 | 85.73 | 9.24 | 1.17 | 60.41 | 5.46 | 0.07 |
| 23Q2 (18) | 1.99 | 17.75 | 16.37 | 1.01 | 20.24 | 6.32 | 45.79 | -14.98 | -13.7 | 89.97 | -17.25 | -5.96 | 78.48 | -7.55 | -1.85 | 57.28 | -26.28 | -16.71 |
| 23Q1 (17) | 1.69 | 13.42 | -32.4 | 0.84 | -6.67 | -13.4 | 53.86 | -11.94 | 48.01 | 108.73 | 8.14 | 16.14 | 84.89 | 3.29 | 24.82 | 77.70 | -2.3 | 25.32 |
| 22Q4 (16) | 1.49 | -19.02 | -23.98 | 0.90 | -5.26 | 34.33 | 61.16 | 23.83 | 31.44 | 100.55 | 5.03 | -25.86 | 82.19 | -3.01 | -4.45 | 79.53 | 31.74 | -17.27 |
| 22Q3 (15) | 1.84 | 7.6 | -24.9 | 0.95 | 0.0 | 53.23 | 49.39 | -6.92 | 32.77 | 95.73 | 0.06 | -34.97 | 84.74 | 5.98 | 16.98 | 60.37 | -12.21 | -46.08 |
| 22Q2 (14) | 1.71 | -31.6 | -11.4 | 0.95 | -2.06 | 97.92 | 53.06 | 45.81 | 12.37 | 95.67 | 2.19 | -49.42 | 79.96 | 17.57 | 15.6 | 68.77 | 10.92 | -58.87 |
| 22Q1 (13) | 2.50 | 27.55 | 33.69 | 0.97 | 44.78 | 185.29 | 36.39 | -21.79 | -25.12 | 93.62 | -30.97 | -65.03 | 68.01 | -20.94 | -31.85 | 62.00 | -35.5 | -71.37 |
| 21Q4 (12) | 1.96 | -20.0 | -15.52 | 0.67 | 8.06 | 34.0 | 46.53 | 25.08 | 18.4 | 135.62 | -7.87 | -25.33 | 86.02 | 18.75 | 5.47 | 96.13 | -14.14 | -31.02 |
| 21Q3 (11) | 2.45 | 26.94 | 29.63 | 0.62 | 29.17 | 138.46 | 37.20 | -21.22 | -22.82 | 147.21 | -22.17 | -57.17 | 72.44 | 4.73 | -60.39 | 111.96 | -33.04 | -46.44 |
| 21Q2 (10) | 1.93 | 3.21 | 257.41 | 0.48 | 41.18 | 118.18 | 47.22 | -2.84 | -71.82 | 189.15 | -29.35 | -54.81 | 69.17 | -30.68 | -76.64 | 167.20 | -22.79 | -42.36 |
| 21Q1 (9) | 1.87 | -19.4 | 29.86 | 0.34 | -32.0 | -51.43 | 48.60 | 23.66 | -22.86 | 267.74 | 47.42 | 107.28 | 99.79 | 22.35 | -17.49 | 216.55 | 55.39 | 204.06 |
| 20Q4 (8) | 2.32 | 22.75 | 30.34 | 0.50 | 92.31 | -55.75 | 39.30 | -18.46 | -23.24 | 181.62 | -47.16 | 125.22 | 81.56 | -55.4 | -2.31 | 139.36 | -33.34 | 188.23 |
| 20Q3 (7) | 1.89 | 250.0 | 15.24 | 0.26 | 18.18 | -78.51 | 48.20 | -71.23 | -13.34 | 343.73 | -17.89 | 356.12 | 182.89 | -38.23 | 129.07 | 209.05 | -27.93 | 308.78 |
| 20Q2 (6) | 0.54 | -62.5 | -67.86 | 0.22 | -68.57 | -82.11 | 167.55 | 165.95 | 209.7 | 418.60 | 224.07 | 467.59 | 296.09 | 144.8 | 268.78 | 290.06 | 307.27 | 509.88 |
| 20Q1 (5) | 1.44 | -19.1 | -12.2 | 0.70 | -38.05 | -33.33 | 63.00 | 23.05 | 13.21 | 129.17 | 60.18 | 48.86 | 120.95 | 44.87 | 37.52 | 71.22 | 47.3 | 30.75 |
| 19Q4 (4) | 1.78 | 8.54 | 0.0 | 1.13 | -6.61 | 0.0 | 51.20 | -7.95 | 0.0 | 80.64 | 7.01 | 0.0 | 83.49 | 4.57 | 0.0 | 48.35 | -5.46 | 0.0 |
| 19Q3 (3) | 1.64 | -2.38 | 0.0 | 1.21 | -1.63 | 0.0 | 55.62 | 2.81 | 0.0 | 75.36 | 2.18 | 0.0 | 79.84 | -0.56 | 0.0 | 51.14 | 7.53 | 0.0 |
| 19Q2 (2) | 1.68 | 2.44 | 0.0 | 1.23 | 17.14 | 0.0 | 54.10 | -2.79 | 0.0 | 73.75 | -15.01 | 0.0 | 80.29 | -8.71 | 0.0 | 47.56 | -12.69 | 0.0 |
| 19Q1 (1) | 1.64 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 55.65 | 0.0 | 0.0 | 86.77 | 0.0 | 0.0 | 87.95 | 0.0 | 0.0 | 54.47 | 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) | 7.11 | -4.18 | 3.57 | 0.28 | 51.36 | 4.37 | 102.30 | -0.19 | 76.65 | 3.93 | 77.01 | -1.22 |
| 2022 (9) | 7.42 | 12.25 | 3.56 | 78.0 | 49.21 | -10.85 | 102.49 | -43.75 | 73.75 | -26.93 | 77.96 | -42.88 |
| 2021 (8) | 6.61 | 59.28 | 2.00 | 13.64 | 55.20 | -37.24 | 182.22 | -11.9 | 100.93 | -34.88 | 136.49 | -2.37 |
| 2020 (7) | 4.15 | -49.08 | 1.76 | -62.39 | 87.95 | 96.32 | 206.84 | 165.32 | 155.00 | 102.91 | 139.80 | 201.49 |
| 2019 (6) | 8.15 | 6.54 | 4.68 | 16.42 | 44.80 | -6.1 | 77.96 | -14.12 | 76.39 | -13.04 | 46.37 | -8.43 |
| 2018 (5) | 7.65 | -15.47 | 4.02 | -6.07 | 47.71 | 18.27 | 90.78 | 6.55 | 87.84 | 5.17 | 50.64 | 20.54 |
| 2017 (4) | 9.05 | 4.5 | 4.28 | -0.93 | 40.34 | -4.32 | 85.20 | 0.9 | 83.52 | -0.42 | 42.01 | -1.68 |
| 2016 (3) | 8.66 | 5.61 | 4.32 | -10.37 | 42.16 | -5.28 | 84.44 | 11.56 | 83.87 | 5.36 | 42.73 | 5.25 |
| 2015 (2) | 8.20 | -1.2 | 4.82 | -8.54 | 44.51 | 1.23 | 75.69 | 9.24 | 79.60 | 6.39 | 40.60 | 5.59 |
| 2014 (1) | 8.30 | 17.73 | 5.27 | -0.75 | 43.97 | -15.07 | 69.29 | 0.76 | 74.82 | -5.16 | 38.45 | -7.71 |
