- 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) | 2.85 | 18.26 | 71.69 | 0.90 | 9.76 | 95.65 | 31.93 | -15.31 | -41.74 | 101.15 | -9.16 | -48.65 | 79.73 | -7.33 | -31.09 | 53.35 | -15.32 | -60.8 |
| 23Q3 (19) | 2.41 | -24.92 | 50.62 | 0.82 | -6.82 | -3.53 | 37.70 | 32.89 | -33.77 | 111.35 | 7.43 | 4.28 | 86.04 | 55.64 | -8.62 | 63.00 | -17.9 | -9.4 |
| 23Q2 (18) | 3.21 | 52.13 | 191.82 | 0.88 | 95.56 | -6.38 | 28.37 | -34.33 | -65.82 | 103.65 | -48.96 | 7.4 | 55.28 | -23.42 | -41.07 | 76.74 | -55.92 | -10.46 |
| 23Q1 (17) | 2.11 | 27.11 | 106.86 | 0.45 | -2.17 | -55.88 | 43.20 | -21.18 | -51.49 | 203.09 | 3.1 | 127.93 | 72.19 | -37.61 | -20.71 | 174.09 | 27.92 | 99.85 |
| 22Q4 (16) | 1.66 | 3.75 | 32.8 | 0.46 | -45.88 | -58.93 | 54.81 | -3.71 | -24.58 | 196.99 | 84.48 | 141.74 | 115.71 | 22.89 | 30.1 | 136.09 | 95.7 | 108.66 |
| 22Q3 (15) | 1.60 | 45.45 | 18.52 | 0.85 | -9.57 | -22.02 | 56.92 | -31.41 | -15.87 | 106.78 | 10.64 | 27.51 | 94.16 | 0.37 | -0.34 | 69.54 | -18.86 | 22.19 |
| 22Q2 (14) | 1.10 | 7.84 | -18.52 | 0.94 | -7.84 | -14.55 | 82.99 | -6.82 | 23.44 | 96.51 | 8.32 | 16.32 | 93.81 | 3.03 | 5.4 | 85.70 | -1.62 | 40.03 |
| 22Q1 (13) | 1.02 | -18.4 | -8.93 | 1.02 | -8.93 | 0.0 | 89.06 | 22.55 | 9.75 | 89.10 | 9.34 | -0.3 | 91.05 | 2.37 | -7.13 | 87.11 | 33.56 | 20.18 |
| 21Q4 (12) | 1.25 | -7.41 | -4.58 | 1.12 | 2.75 | -9.68 | 72.67 | 7.4 | 4.64 | 81.49 | -2.69 | 11.4 | 88.94 | -5.86 | 4.93 | 65.22 | 14.6 | 12.76 |
| 21Q3 (11) | 1.35 | 0.0 | 7.14 | 1.09 | -0.91 | -0.91 | 67.66 | 0.64 | -6.37 | 83.74 | 0.93 | 0.94 | 94.48 | 6.16 | 8.76 | 56.91 | -7.01 | -16.74 |
| 21Q2 (10) | 1.35 | 20.54 | 22.73 | 1.10 | 7.84 | 17.02 | 67.23 | -17.15 | -18.47 | 82.97 | -7.16 | -14.22 | 89.00 | -9.22 | -2.51 | 61.20 | -15.56 | -30.37 |
| 21Q1 (9) | 1.12 | -14.5 | 6.67 | 1.02 | -17.74 | 12.09 | 81.15 | 16.85 | -6.67 | 89.37 | 22.17 | -10.14 | 98.04 | 15.67 | 9.87 | 72.48 | 25.31 | -25.41 |
| 20Q4 (8) | 1.31 | 3.97 | 25.96 | 1.24 | 12.73 | 30.53 | 69.45 | -3.89 | -20.86 | 73.15 | -11.82 | -23.67 | 84.76 | -2.43 | 7.05 | 57.84 | -15.38 | -44.6 |
| 20Q3 (7) | 1.26 | 14.55 | 12.5 | 1.10 | 17.02 | 30.95 | 72.26 | -12.37 | -11.37 | 82.96 | -14.23 | -23.32 | 86.87 | -4.84 | -8.52 | 68.35 | -22.23 | -27.87 |
| 20Q2 (6) | 1.10 | 4.76 | -41.8 | 0.94 | 3.3 | -4.08 | 82.46 | -5.16 | 71.58 | 96.72 | -2.75 | 4.47 | 91.29 | 2.31 | 5.02 | 87.89 | -9.55 | 63.64 |
| 20Q1 (5) | 1.05 | 0.96 | -65.23 | 0.91 | -4.21 | -13.33 | 86.95 | -0.92 | 188.68 | 99.45 | 3.78 | 14.51 | 89.23 | 12.69 | 15.37 | 97.17 | -6.93 | 145.13 |
| 19Q4 (4) | 1.04 | -7.14 | 0.0 | 0.95 | 13.1 | 0.0 | 87.76 | 7.64 | 0.0 | 95.83 | -11.42 | 0.0 | 79.18 | -16.62 | 0.0 | 104.41 | 10.18 | 0.0 |
| 19Q3 (3) | 1.12 | -40.74 | 0.0 | 0.84 | -14.29 | 0.0 | 81.53 | 69.64 | 0.0 | 108.19 | 16.86 | 0.0 | 94.96 | 9.24 | 0.0 | 94.76 | 76.43 | 0.0 |
| 19Q2 (2) | 1.89 | -37.42 | 0.0 | 0.98 | -6.67 | 0.0 | 48.06 | 59.56 | 0.0 | 92.58 | 6.6 | 0.0 | 86.93 | 12.4 | 0.0 | 53.71 | 35.49 | 0.0 |
| 19Q1 (1) | 3.02 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 30.12 | 0.0 | 0.0 | 86.85 | 0.0 | 0.0 | 77.34 | 0.0 | 0.0 | 39.64 | 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) | 12.40 | 134.4 | 2.91 | -15.16 | 29.45 | -57.29 | 125.58 | 18.12 | 66.83 | -17.6 | 88.20 | -6.33 |
| 2022 (9) | 5.29 | 19.41 | 3.43 | -22.4 | 68.95 | -16.3 | 106.32 | 28.87 | 81.10 | -11.83 | 94.16 | 29.18 |
| 2021 (8) | 4.43 | 0.68 | 4.42 | 3.51 | 82.38 | -0.75 | 82.50 | -3.4 | 91.98 | 3.17 | 72.89 | -8.03 |
| 2020 (7) | 4.40 | -35.48 | 4.27 | 11.49 | 83.00 | 55.08 | 85.40 | -10.29 | 89.15 | 12.71 | 79.25 | 13.83 |
| 2019 (6) | 6.82 | -31.87 | 3.83 | -0.26 | 53.52 | 46.75 | 95.20 | 0.24 | 79.10 | -6.51 | 69.62 | 48.7 |
| 2018 (5) | 10.01 | 30.85 | 3.84 | -4.24 | 36.47 | -23.56 | 94.97 | 4.43 | 84.61 | -12.18 | 46.82 | 10.69 |
| 2017 (4) | 7.65 | 1.73 | 4.01 | -6.74 | 47.71 | -1.73 | 90.94 | 7.03 | 96.35 | 15.89 | 42.30 | -16.04 |
| 2016 (3) | 7.52 | -10.58 | 4.30 | 8.86 | 48.55 | 11.89 | 84.97 | -7.97 | 83.14 | 15.5 | 50.38 | -20.96 |
| 2015 (2) | 8.41 | -21.77 | 3.95 | 0.51 | 43.39 | 27.81 | 92.33 | -0.49 | 71.98 | 3.36 | 63.74 | 11.65 |
| 2014 (1) | 10.75 | 5.08 | 3.93 | 22.05 | 33.95 | -4.85 | 92.78 | -18.09 | 69.64 | -3.37 | 57.09 | -25.74 |
