- 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) | 0.74 | 7.25 | 5.71 | 1.64 | 31.2 | 36.67 | 123.18 | -6.87 | -4.59 | 55.37 | -23.64 | -27.22 | 6.30 | -71.86 | -70.34 | 172.26 | -5.55 | -6.35 |
| 23Q3 (19) | 0.69 | 6.15 | 6.15 | 1.25 | 23.76 | 16.82 | 132.26 | -5.7 | -5.6 | 72.51 | -19.19 | -15.1 | 22.39 | -30.57 | -16.24 | 182.39 | -7.76 | -8.25 |
| 23Q2 (18) | 0.65 | 18.18 | 3.17 | 1.01 | 10.99 | -0.98 | 140.26 | -14.52 | -2.56 | 89.73 | -10.33 | 0.93 | 32.25 | 4.1 | -5.73 | 197.74 | -15.2 | -0.45 |
| 23Q1 (17) | 0.55 | -21.43 | -3.51 | 0.91 | -24.17 | -17.27 | 164.09 | 27.1 | 3.51 | 100.07 | 31.53 | 21.41 | 30.98 | 45.86 | -32.62 | 233.18 | 26.77 | 19.6 |
| 22Q4 (16) | 0.70 | 7.69 | 16.67 | 1.20 | 12.15 | -5.51 | 129.10 | -7.85 | -14.87 | 76.08 | -10.92 | 6.3 | 21.24 | -20.54 | -53.32 | 183.94 | -7.47 | 3.5 |
| 22Q3 (15) | 0.65 | 3.17 | -2.99 | 1.07 | 4.9 | -26.71 | 140.10 | -2.67 | 2.43 | 85.41 | -3.93 | 36.79 | 26.73 | -21.86 | -25.02 | 198.78 | 0.07 | 21.53 |
| 22Q2 (14) | 0.63 | 10.53 | -17.11 | 1.02 | -7.27 | -40.0 | 143.94 | -9.2 | 19.54 | 88.90 | 7.86 | 66.04 | 34.21 | -25.6 | 21.66 | 198.64 | 1.89 | 36.21 |
| 22Q1 (13) | 0.57 | -5.0 | -18.57 | 1.10 | -13.39 | -37.85 | 158.52 | 4.53 | 22.77 | 82.42 | 15.16 | 59.95 | 45.98 | 1.05 | 256.16 | 194.96 | 9.7 | 16.23 |
| 21Q4 (12) | 0.60 | -10.45 | -28.57 | 1.27 | -13.01 | -41.74 | 151.65 | 10.87 | 40.51 | 71.57 | 14.62 | 71.8 | 45.50 | 27.63 | 828.57 | 177.72 | 8.65 | 22.83 |
| 21Q3 (11) | 0.67 | -11.84 | -24.72 | 1.46 | -14.12 | -21.93 | 136.78 | 13.6 | 33.3 | 62.44 | 16.62 | 28.03 | 35.65 | 26.78 | 582.95 | 163.57 | 12.16 | 11.9 |
| 21Q2 (10) | 0.76 | 8.57 | -2.56 | 1.70 | -3.95 | 18.06 | 120.41 | -6.75 | 3.06 | 53.54 | 3.9 | -15.28 | 28.12 | 117.82 | 349.92 | 145.83 | -13.06 | -16.09 |
| 21Q1 (9) | 0.70 | -16.67 | 14.75 | 1.77 | -18.81 | 53.91 | 129.12 | 19.63 | -12.74 | 51.53 | 23.69 | -35.15 | 12.91 | 163.47 | 63.01 | 167.73 | 15.92 | -23.59 |
| 20Q4 (8) | 0.84 | -5.62 | 6.33 | 2.18 | 16.58 | 65.15 | 107.93 | 5.18 | -6.08 | 41.66 | -14.58 | -39.65 | 4.90 | -6.13 | -23.08 | 144.69 | -1.01 | -18.52 |
| 20Q3 (7) | 0.89 | 14.1 | 21.92 | 1.87 | 29.86 | 57.14 | 102.61 | -12.18 | -17.41 | 48.77 | -22.83 | -36.1 | 5.22 | -16.48 | -54.81 | 146.17 | -15.89 | -22.67 |
| 20Q2 (6) | 0.78 | 27.87 | 5.41 | 1.44 | 25.22 | 6.67 | 116.84 | -21.04 | -4.96 | 63.20 | -20.46 | -6.19 | 6.25 | -21.09 | -53.25 | 173.79 | -20.83 | -1.78 |
| 20Q1 (5) | 0.61 | -22.78 | -16.44 | 1.15 | -12.88 | -20.14 | 147.97 | 28.76 | 19.42 | 79.46 | 15.11 | 25.63 | 7.92 | 24.33 | -52.09 | 219.51 | 23.61 | 28.65 |
| 19Q4 (4) | 0.79 | 8.22 | 0.0 | 1.32 | 10.92 | 0.0 | 114.92 | -7.5 | 0.0 | 69.03 | -9.55 | 0.0 | 6.37 | -44.85 | 0.0 | 177.58 | -6.05 | 0.0 |
| 19Q3 (3) | 0.73 | -1.35 | 0.0 | 1.19 | -11.85 | 0.0 | 124.24 | 1.06 | 0.0 | 76.32 | 13.28 | 0.0 | 11.55 | -13.61 | 0.0 | 189.01 | 6.82 | 0.0 |
| 19Q2 (2) | 0.74 | 1.37 | 0.0 | 1.35 | -6.25 | 0.0 | 122.94 | -0.78 | 0.0 | 67.37 | 6.51 | 0.0 | 13.37 | -19.12 | 0.0 | 176.94 | 3.7 | 0.0 |
| 19Q1 (1) | 0.73 | 0.0 | 0.0 | 1.44 | 0.0 | 0.0 | 123.91 | 0.0 | 0.0 | 63.25 | 0.0 | 0.0 | 16.53 | 0.0 | 0.0 | 170.62 | 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) | 2.49 | 4.18 | 5.36 | 16.02 | 146.30 | -4.02 | 68.08 | -13.89 | 17.56 | -59.46 | 196.82 | 4.6 |
| 2022 (9) | 2.39 | -15.55 | 4.62 | -24.63 | 152.42 | 17.98 | 79.06 | 32.85 | 43.31 | 37.71 | 188.17 | 19.66 |
| 2021 (8) | 2.83 | 2.17 | 6.13 | 1.83 | 129.19 | -1.91 | 59.51 | -1.8 | 31.45 | 374.36 | 157.26 | -15.31 |
| 2020 (7) | 2.77 | -5.14 | 6.02 | 13.58 | 131.71 | 5.31 | 60.60 | -11.98 | 6.63 | -58.46 | 185.68 | 4.34 |
| 2019 (6) | 2.92 | -11.25 | 5.30 | -13.96 | 125.07 | 12.79 | 68.85 | 16.18 | 15.96 | -62.94 | 177.96 | 40.04 |
| 2018 (5) | 3.29 | 2.81 | 6.16 | -7.37 | 110.89 | -2.92 | 59.26 | 7.98 | 43.07 | -16.45 | 127.08 | 8.11 |
| 2017 (4) | 3.20 | 13.48 | 6.65 | -2.64 | 114.22 | -11.79 | 54.88 | 2.66 | 51.55 | 133.26 | 117.55 | -26.91 |
| 2016 (3) | 2.82 | -10.76 | 6.83 | -0.73 | 129.49 | 11.94 | 53.46 | 0.7 | 22.10 | 39.61 | 160.84 | 5.17 |
| 2015 (2) | 3.16 | 10.88 | 6.88 | 11.15 | 115.68 | -9.79 | 53.09 | -10.03 | 15.83 | -55.81 | 152.94 | 1.0 |
| 2014 (1) | 2.85 | -20.83 | 6.19 | -33.23 | 128.23 | 26.63 | 59.01 | 49.85 | 35.82 | 12.04 | 151.43 | 39.35 |
