- 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) | 4.81 | 42.73 | 59.27 | 3.95 | -16.49 | -26.58 | 18.91 | -29.96 | -37.32 | 23.02 | 19.52 | 36.05 | 48.58 | -9.4 | 10.18 | -6.64 | 9.78 | -321.33 |
| 23Q3 (19) | 3.37 | -4.26 | 14.63 | 4.73 | -34.49 | -5.59 | 27.00 | 4.29 | -12.65 | 19.26 | 52.86 | 5.94 | 53.62 | 23.75 | 17.61 | -7.36 | -52.07 | -310.29 |
| 23Q2 (18) | 3.52 | -5.12 | 2.62 | 7.22 | 14.97 | 58.68 | 25.89 | 5.46 | -2.3 | 12.60 | -13.1 | -37.0 | 43.33 | -4.22 | -23.88 | -4.84 | 21.94 | 53.55 |
| 23Q1 (17) | 3.71 | 22.85 | 12.42 | 6.28 | 16.73 | 36.23 | 24.55 | -18.63 | -11.05 | 14.50 | -14.3 | -26.51 | 45.24 | 2.61 | -18.69 | -6.20 | -306.67 | 25.3 |
| 22Q4 (16) | 3.02 | 2.72 | -11.95 | 5.38 | 7.39 | 38.66 | 30.17 | -2.39 | 13.89 | 16.92 | -6.93 | -27.88 | 44.09 | -3.29 | -19.78 | 3.00 | -14.29 | 159.88 |
| 22Q3 (15) | 2.94 | -14.29 | -10.09 | 5.01 | 10.11 | 43.97 | 30.91 | 16.64 | 11.07 | 18.18 | -9.1 | -30.5 | 45.59 | -19.91 | -26.25 | 3.50 | 133.59 | 144.7 |
| 22Q2 (14) | 3.43 | 3.94 | 22.5 | 4.55 | -1.3 | 23.31 | 26.50 | -3.99 | -18.51 | 20.00 | 1.37 | -18.83 | 56.92 | 2.3 | -23.72 | -10.42 | -25.54 | 40.32 |
| 22Q1 (13) | 3.30 | -3.79 | 14.58 | 4.61 | 18.81 | 4.77 | 27.60 | 4.19 | -12.6 | 19.73 | -15.9 | -4.64 | 55.64 | 1.24 | -28.7 | -8.30 | -65.67 | 67.8 |
| 21Q4 (12) | 3.43 | 4.89 | -5.25 | 3.88 | 11.49 | -21.46 | 26.49 | -4.81 | 5.37 | 23.46 | -10.32 | 27.36 | 54.96 | -11.1 | -23.3 | -5.01 | 36.02 | 82.17 |
| 21Q3 (11) | 3.27 | 16.79 | 39.15 | 3.48 | -5.69 | -12.34 | 27.83 | -14.42 | -28.25 | 26.16 | 6.17 | 14.24 | 61.82 | -17.15 | -29.86 | -7.83 | 55.15 | 70.39 |
| 21Q2 (10) | 2.80 | -2.78 | 25.56 | 3.69 | -16.14 | -14.98 | 32.52 | 2.98 | -20.39 | 24.64 | 19.09 | 17.5 | 74.62 | -4.38 | -5.84 | -17.46 | 32.27 | -0.23 |
| 21Q1 (9) | 2.88 | -20.44 | 20.0 | 4.40 | -10.93 | -10.75 | 31.58 | 25.62 | -16.89 | 20.69 | 12.32 | 12.14 | 78.04 | 8.9 | -4.39 | -25.78 | 8.26 | -2.42 |
| 20Q4 (8) | 3.62 | 54.04 | 33.58 | 4.94 | 24.43 | -40.41 | 25.14 | -35.19 | -25.25 | 18.42 | -19.56 | 67.76 | 71.66 | -18.7 | 17.26 | -28.10 | -6.28 | -70.2 |
| 20Q3 (7) | 2.35 | 5.38 | 35.06 | 3.97 | -8.53 | -41.27 | 38.79 | -5.04 | -26.0 | 22.90 | 9.2 | 70.13 | 88.14 | 11.22 | 12.37 | -26.44 | -51.78 | -110.51 |
| 20Q2 (6) | 2.23 | -7.08 | -2.62 | 4.34 | -11.97 | -58.03 | 40.85 | 7.5 | 2.87 | 20.97 | 13.66 | 138.3 | 79.25 | -2.9 | 37.25 | -17.42 | 30.79 | -88.73 |
| 20Q1 (5) | 2.40 | -11.44 | 21.21 | 4.93 | -40.53 | -48.59 | 38.00 | 12.99 | -17.3 | 18.45 | 68.03 | 94.42 | 81.62 | 33.56 | 40.75 | -25.17 | -52.45 | -887.06 |
| 19Q4 (4) | 2.71 | 55.75 | 0.0 | 8.29 | 22.63 | 0.0 | 33.63 | -35.85 | 0.0 | 10.98 | -18.42 | 0.0 | 61.11 | -22.09 | 0.0 | -16.51 | -31.45 | 0.0 |
| 19Q3 (3) | 1.74 | -24.02 | 0.0 | 6.76 | -34.62 | 0.0 | 52.42 | 32.01 | 0.0 | 13.46 | 52.95 | 0.0 | 78.44 | 35.85 | 0.0 | -12.56 | -36.08 | 0.0 |
| 19Q2 (2) | 2.29 | 15.66 | 0.0 | 10.34 | 7.82 | 0.0 | 39.71 | -13.58 | 0.0 | 8.80 | -7.27 | 0.0 | 57.74 | -0.43 | 0.0 | -9.23 | -261.96 | 0.0 |
| 19Q1 (1) | 1.98 | 0.0 | 0.0 | 9.59 | 0.0 | 0.0 | 45.95 | 0.0 | 0.0 | 9.49 | 0.0 | 0.0 | 57.99 | 0.0 | 0.0 | -2.55 | 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) | 17.86 | 17.27 | 18.12 | -11.18 | 20.43 | -14.77 | 20.14 | 12.58 | 47.18 | -4.2 | -6.61 | 0 |
| 2022 (9) | 15.23 | 18.34 | 20.40 | 15.06 | 23.97 | -15.45 | 17.89 | -13.07 | 49.25 | -25.59 | -7.39 | 0 |
| 2021 (8) | 12.87 | 16.05 | 17.73 | -18.03 | 28.35 | -13.88 | 20.58 | 21.99 | 66.19 | -17.7 | -17.26 | 0 |
| 2020 (7) | 11.09 | 35.08 | 21.63 | -32.05 | 32.92 | -25.97 | 16.87 | 47.08 | 80.43 | 23.55 | -30.64 | 0 |
| 2019 (6) | 8.21 | 22.17 | 31.83 | 9.91 | 44.47 | -18.15 | 11.47 | -8.97 | 65.10 | 28.2 | -9.16 | 0 |
| 2018 (5) | 6.72 | 38.27 | 28.96 | 55.12 | 54.33 | -27.72 | 12.60 | -35.55 | 50.78 | -8.14 | 16.16 | -59.03 |
| 2017 (4) | 4.86 | -2.8 | 18.67 | 1.74 | 75.17 | 2.97 | 19.55 | -1.71 | 55.28 | 8.14 | 39.44 | -5.56 |
| 2016 (3) | 5.00 | -9.42 | 18.35 | 19.93 | 73.00 | 10.36 | 19.89 | -16.64 | 51.12 | -4.64 | 41.76 | 14.76 |
| 2015 (2) | 5.52 | -19.88 | 15.30 | -13.07 | 66.15 | 24.91 | 23.86 | 15.04 | 53.61 | 11.99 | 36.39 | 40.83 |
| 2014 (1) | 6.89 | -13.66 | 17.60 | -22.87 | 52.96 | 15.81 | 20.74 | 29.71 | 47.87 | 9.74 | 25.84 | 42.84 |
