- 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) | 2.40 | -16.67 | -13.98 | 0.58 | -29.27 | -21.62 | 37.88 | 19.99 | 16.09 | 156.22 | 40.6 | 27.67 | 26.04 | 1.6 | 22.66 | 168.06 | 43.59 | 25.64 |
| 23Q3 (19) | 2.88 | -18.64 | 14.74 | 0.82 | -8.89 | 15.49 | 31.57 | 22.7 | -12.79 | 111.11 | 9.63 | -13.2 | 25.63 | 40.98 | 4.65 | 117.04 | 7.48 | -16.23 |
| 23Q2 (18) | 3.54 | 23.78 | 41.04 | 0.90 | 30.43 | 45.16 | 25.73 | -19.11 | -28.9 | 101.35 | -23.69 | -30.48 | 18.18 | -4.16 | -29.92 | 108.89 | -25.24 | -30.22 |
| 23Q1 (17) | 2.86 | 2.51 | 7.92 | 0.69 | -6.76 | 13.11 | 31.81 | -2.51 | -7.34 | 132.82 | 8.55 | -11.12 | 18.97 | -10.65 | -26.56 | 145.66 | 8.9 | -7.76 |
| 22Q4 (16) | 2.79 | 11.16 | 6.08 | 0.74 | 4.23 | 17.46 | 32.63 | -9.86 | -5.56 | 122.36 | -4.41 | -15.48 | 21.23 | -13.31 | -25.77 | 133.76 | -4.26 | -11.26 |
| 22Q3 (15) | 2.51 | 0.0 | 2.03 | 0.71 | 14.52 | -7.79 | 36.20 | 0.03 | -2.22 | 128.00 | -12.2 | 8.25 | 24.49 | -5.59 | -12.13 | 139.71 | -10.47 | 9.68 |
| 22Q2 (14) | 2.51 | -5.28 | 6.81 | 0.62 | 1.64 | -16.22 | 36.19 | 5.42 | -6.36 | 145.78 | -2.44 | 18.91 | 25.94 | 0.43 | -15.83 | 156.04 | -1.19 | 19.64 |
| 22Q1 (13) | 2.65 | 0.76 | 15.72 | 0.61 | -3.17 | -8.96 | 34.33 | -0.64 | -13.74 | 149.43 | 3.22 | 9.22 | 25.83 | -9.69 | -16.68 | 157.92 | 4.77 | 8.45 |
| 21Q4 (12) | 2.63 | 6.91 | 11.91 | 0.63 | -18.18 | -4.55 | 34.55 | -6.67 | -10.7 | 144.77 | 22.44 | 5.42 | 28.60 | 2.62 | 5.34 | 150.73 | 18.33 | 1.25 |
| 21Q3 (11) | 2.46 | 4.68 | -3.53 | 0.77 | 4.05 | 6.94 | 37.02 | -4.22 | 3.7 | 118.24 | -3.56 | -6.62 | 27.87 | -9.57 | 0.98 | 127.38 | -2.34 | -5.44 |
| 21Q2 (10) | 2.35 | 2.62 | 5.86 | 0.74 | 10.45 | -1.33 | 38.65 | -2.89 | -5.57 | 122.60 | -10.39 | 0.81 | 30.82 | -0.58 | 4.72 | 130.43 | -10.43 | -2.03 |
| 21Q1 (9) | 2.29 | -2.55 | -10.89 | 0.67 | 1.52 | -20.24 | 39.80 | 2.87 | 12.18 | 136.82 | -0.37 | 25.78 | 31.00 | 14.18 | 9.35 | 145.62 | -2.18 | 25.63 |
| 20Q4 (8) | 2.35 | -7.84 | 4.91 | 0.66 | -8.33 | -5.71 | 38.69 | 8.38 | -4.63 | 137.33 | 8.46 | 5.02 | 27.15 | -1.63 | -26.04 | 148.87 | 10.51 | 10.58 |
| 20Q3 (7) | 2.55 | 14.86 | 14.86 | 0.72 | -4.0 | 0.0 | 35.70 | -12.78 | -12.91 | 126.62 | 4.11 | 0.67 | 27.60 | -6.22 | -30.46 | 134.71 | 1.19 | 6.0 |
| 20Q2 (6) | 2.22 | -13.62 | 56.34 | 0.75 | -10.71 | 15.38 | 40.93 | 15.36 | -35.97 | 121.62 | 11.8 | -13.12 | 29.43 | 3.81 | -44.36 | 133.13 | 14.86 | -11.85 |
| 20Q1 (5) | 2.57 | 14.73 | 29.8 | 0.84 | 20.0 | 5.0 | 35.48 | -12.55 | -22.85 | 108.78 | -16.82 | -4.07 | 28.35 | -22.77 | -32.39 | 115.91 | -13.9 | -1.31 |
| 19Q4 (4) | 2.24 | 0.9 | 0.0 | 0.70 | -2.78 | 0.0 | 40.57 | -1.02 | 0.0 | 130.77 | 3.97 | 0.0 | 36.71 | -7.51 | 0.0 | 134.63 | 5.94 | 0.0 |
| 19Q3 (3) | 2.22 | 56.34 | 0.0 | 0.72 | 10.77 | 0.0 | 40.99 | -35.87 | 0.0 | 125.78 | -10.15 | 0.0 | 39.69 | -24.96 | 0.0 | 127.08 | -15.85 | 0.0 |
| 19Q2 (2) | 1.42 | -28.28 | 0.0 | 0.65 | -18.75 | 0.0 | 63.92 | 38.99 | 0.0 | 139.99 | 23.46 | 0.0 | 52.89 | 26.14 | 0.0 | 151.02 | 28.58 | 0.0 |
| 19Q1 (1) | 1.98 | 0.0 | 0.0 | 0.80 | 0.0 | 0.0 | 45.99 | 0.0 | 0.0 | 113.39 | 0.0 | 0.0 | 41.93 | 0.0 | 0.0 | 117.45 | 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) | 12.92 | 7.13 | 2.87 | 5.51 | 28.25 | -6.64 | 127.15 | -5.16 | 15.43 | -28.07 | 139.97 | -2.04 |
| 2022 (9) | 12.06 | 3.25 | 2.72 | 0.0 | 30.26 | -3.14 | 134.07 | -0.28 | 21.45 | -11.95 | 142.88 | 1.1 |
| 2021 (8) | 11.68 | 15.42 | 2.72 | -10.82 | 31.24 | -13.39 | 134.44 | 12.22 | 24.36 | -11.74 | 141.32 | 10.17 |
| 2020 (7) | 10.12 | 4.33 | 3.05 | 9.71 | 36.07 | -4.12 | 119.80 | -8.91 | 27.60 | -31.62 | 128.28 | -0.39 |
| 2019 (6) | 9.70 | 12.66 | 2.78 | -2.11 | 37.62 | -11.25 | 131.52 | 2.51 | 40.36 | -4.43 | 128.78 | 0.25 |
| 2018 (5) | 8.61 | 3.36 | 2.84 | -4.7 | 42.39 | -3.26 | 128.30 | 4.74 | 42.23 | 4.5 | 128.46 | 2.03 |
| 2017 (4) | 8.33 | 3.87 | 2.98 | -0.67 | 43.82 | -3.71 | 122.49 | 0.76 | 40.41 | 1.89 | 125.91 | -1.19 |
| 2016 (3) | 8.02 | 13.12 | 3.00 | -2.91 | 45.51 | -11.6 | 121.57 | 2.88 | 39.66 | -15.87 | 127.42 | 4.01 |
| 2015 (2) | 7.09 | -8.4 | 3.09 | -24.63 | 51.48 | 9.21 | 118.17 | 32.82 | 47.14 | 16.63 | 122.51 | 28.03 |
| 2014 (1) | 7.74 | 12.66 | 4.10 | -8.28 | 47.14 | -11.24 | 88.97 | 8.95 | 40.42 | 22.45 | 95.69 | -5.97 |
