- 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) | 1.72 | 27.41 | -17.31 | 0.41 | 24.24 | -19.61 | 52.84 | -21.52 | 20.86 | 222.58 | -20.31 | 24.04 | 71.81 | -5.98 | 49.64 | 203.61 | -24.66 | 16.24 |
| 23Q3 (19) | 1.35 | -3.57 | 8.87 | 0.33 | -10.81 | 17.86 | 67.33 | 3.46 | -7.96 | 279.32 | 12.6 | -14.62 | 76.38 | 20.15 | -8.61 | 270.27 | 8.29 | -14.66 |
| 23Q2 (18) | 1.40 | 6.06 | 9.37 | 0.37 | 23.33 | 2.78 | 65.08 | -5.93 | -8.54 | 248.07 | -16.94 | -2.71 | 63.57 | -18.56 | 3.33 | 249.58 | -13.88 | -5.68 |
| 23Q1 (17) | 1.32 | -36.54 | 29.41 | 0.30 | -41.18 | 11.11 | 69.18 | 58.23 | -22.76 | 298.68 | 66.45 | -9.89 | 78.06 | 62.66 | 14.63 | 289.80 | 65.44 | -17.89 |
| 22Q4 (16) | 2.08 | 67.74 | 38.67 | 0.51 | 82.14 | 70.0 | 43.72 | -40.23 | -27.91 | 179.44 | -45.15 | -40.07 | 47.99 | -42.58 | -19.57 | 175.17 | -44.69 | -41.69 |
| 22Q3 (15) | 1.24 | -3.13 | -7.46 | 0.28 | -22.22 | 0.0 | 73.15 | 2.8 | 7.37 | 327.15 | 28.3 | 2.07 | 83.58 | 35.86 | 17.31 | 316.71 | 19.68 | -0.21 |
| 22Q2 (14) | 1.28 | 25.49 | 24.27 | 0.36 | 33.33 | 38.46 | 71.16 | -20.54 | -19.45 | 254.98 | -23.07 | -26.73 | 61.52 | -9.66 | -22.57 | 264.62 | -25.02 | -25.85 |
| 22Q1 (13) | 1.02 | -32.0 | 7.37 | 0.27 | -10.0 | -22.86 | 89.56 | 47.67 | -6.22 | 331.46 | 10.7 | 26.62 | 68.10 | 14.13 | 22.95 | 352.92 | 17.48 | 16.9 |
| 21Q4 (12) | 1.50 | 11.94 | 37.61 | 0.30 | 7.14 | -18.92 | 60.65 | -10.98 | -27.3 | 299.43 | -6.58 | 20.44 | 59.67 | -16.25 | 33.46 | 300.41 | -5.35 | 4.55 |
| 21Q3 (11) | 1.34 | 30.1 | 81.08 | 0.28 | 7.69 | 47.37 | 68.13 | -22.88 | -44.75 | 320.51 | -7.9 | -33.99 | 71.25 | -10.32 | -2.44 | 317.38 | -11.07 | -40.77 |
| 21Q2 (10) | 1.03 | 8.42 | 83.93 | 0.26 | -25.71 | 18.18 | 88.34 | -7.5 | -45.34 | 347.99 | 32.93 | -16.97 | 79.45 | 43.44 | 60.67 | 356.88 | 18.22 | -32.83 |
| 21Q1 (9) | 0.95 | -12.84 | 15.85 | 0.35 | -5.41 | 12.9 | 95.50 | 14.47 | -14.4 | 261.78 | 5.3 | -11.32 | 55.39 | 23.89 | 108.7 | 301.89 | 5.07 | -20.6 |
| 20Q4 (8) | 1.09 | 47.3 | 11.22 | 0.37 | 94.74 | 54.17 | 83.43 | -32.34 | -10.61 | 248.61 | -48.8 | -34.82 | 44.71 | -38.78 | 15.71 | 287.33 | -46.38 | -34.12 |
| 20Q3 (7) | 0.74 | 32.14 | -21.28 | 0.19 | -13.64 | -20.83 | 123.31 | -23.7 | 26.77 | 485.54 | 15.84 | 27.86 | 73.03 | 47.68 | 34.74 | 535.82 | 0.85 | 26.73 |
| 20Q2 (6) | 0.56 | -31.71 | -30.86 | 0.22 | -29.03 | 22.22 | 161.62 | 44.87 | 43.22 | 419.13 | 41.99 | -15.99 | 49.45 | 86.32 | -39.62 | 531.30 | 39.73 | 0.27 |
| 20Q1 (5) | 0.82 | -16.33 | 1.23 | 0.31 | 29.17 | 55.0 | 111.56 | 19.53 | -0.89 | 295.19 | -22.61 | -33.79 | 26.54 | -31.31 | -66.8 | 380.22 | -12.82 | -20.53 |
| 19Q4 (4) | 0.98 | 4.26 | 0.0 | 0.24 | 0.0 | 0.0 | 93.33 | -4.05 | 0.0 | 381.44 | 0.45 | 0.0 | 38.64 | -28.71 | 0.0 | 436.13 | 3.15 | 0.0 |
| 19Q3 (3) | 0.94 | 16.05 | 0.0 | 0.24 | 33.33 | 0.0 | 97.27 | -13.81 | 0.0 | 379.73 | -23.89 | 0.0 | 54.20 | -33.82 | 0.0 | 422.81 | -20.2 | 0.0 |
| 19Q2 (2) | 0.81 | 0.0 | 0.0 | 0.18 | -10.0 | 0.0 | 112.85 | 0.26 | 0.0 | 498.91 | 11.91 | 0.0 | 81.90 | 2.44 | 0.0 | 529.85 | 10.75 | 0.0 |
| 19Q1 (1) | 0.81 | 0.0 | 0.0 | 0.20 | 0.0 | 0.0 | 112.56 | 0.0 | 0.0 | 445.82 | 0.0 | 0.0 | 79.95 | 0.0 | 0.0 | 478.43 | 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) | 5.76 | 7.26 | 1.36 | -8.72 | 63.40 | -6.7 | 268.46 | 9.89 | 88.77 | 56.29 | 243.09 | -4.84 |
| 2022 (9) | 5.37 | 28.16 | 1.49 | 25.21 | 67.95 | -22.04 | 244.29 | -20.42 | 56.80 | -4.25 | 255.45 | -23.7 |
| 2021 (8) | 4.19 | 39.67 | 1.19 | 12.26 | 87.16 | -28.46 | 306.97 | -10.49 | 59.32 | 31.79 | 334.81 | -20.24 |
| 2020 (7) | 3.00 | -6.83 | 1.06 | 15.22 | 121.84 | 7.58 | 342.94 | -13.15 | 45.01 | -20.48 | 419.78 | -7.03 |
| 2019 (6) | 3.22 | -23.88 | 0.92 | -22.03 | 113.25 | 31.24 | 394.86 | 27.63 | 56.60 | -19.76 | 451.51 | 38.87 |
| 2018 (5) | 4.23 | 25.89 | 1.18 | 14.56 | 86.29 | -20.54 | 309.38 | -12.44 | 70.54 | -35.58 | 325.13 | -7.74 |
| 2017 (4) | 3.36 | -16.83 | 1.03 | -30.87 | 108.59 | 20.24 | 353.33 | 43.79 | 109.50 | 60.75 | 352.41 | 31.54 |
| 2016 (3) | 4.04 | -29.86 | 1.49 | 15.5 | 90.31 | 42.58 | 245.72 | -13.29 | 68.12 | -5.05 | 267.91 | -2.57 |
| 2015 (2) | 5.76 | -12.33 | 1.29 | -7.86 | 63.34 | 14.09 | 283.37 | 8.47 | 71.74 | -30.24 | 274.97 | 28.54 |
| 2014 (1) | 6.57 | 31.93 | 1.40 | -41.91 | 55.52 | -24.29 | 261.24 | 72.74 | 102.84 | 55.98 | 213.92 | 34.86 |
