- 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) | 0.86 | -57.64 | -54.97 | 0.30 | -54.55 | -30.23 | 106.11 | 137.17 | 122.27 | 305.40 | 122.58 | 43.49 | 38.74 | 85.45 | 233.39 | 372.78 | 131.44 | 49.73 |
| 23Q3 (19) | 2.03 | -18.47 | 113.68 | 0.66 | 106.25 | 120.0 | 44.74 | 22.51 | -53.25 | 137.21 | -52.13 | -55.5 | 20.89 | -4.96 | -50.88 | 161.07 | -46.52 | -55.45 |
| 23Q2 (18) | 2.49 | 23.27 | 47.34 | 0.32 | -15.79 | -27.27 | 36.52 | -18.75 | -32.22 | 286.65 | 18.45 | 38.69 | 21.98 | 285.61 | -46.86 | 301.19 | 7.09 | 37.4 |
| 23Q1 (17) | 2.02 | 5.76 | 9.19 | 0.38 | -11.63 | 46.15 | 44.95 | -5.84 | -8.81 | 242.01 | 13.71 | -31.61 | 5.70 | -50.95 | -92.12 | 281.26 | 12.97 | -14.97 |
| 22Q4 (16) | 1.91 | 101.05 | -50.65 | 0.43 | 43.33 | 2.38 | 47.74 | -50.11 | 102.8 | 212.83 | -30.98 | -2.57 | 11.62 | -72.68 | -79.75 | 248.96 | -31.14 | 34.85 |
| 22Q3 (15) | 0.95 | -43.79 | -68.65 | 0.30 | -31.82 | -42.31 | 95.70 | 77.62 | 218.36 | 308.36 | 49.2 | 77.89 | 42.53 | 2.83 | -24.81 | 361.53 | 64.93 | 146.21 |
| 22Q2 (14) | 1.69 | -8.65 | -9.14 | 0.44 | 69.23 | -27.87 | 53.88 | 9.31 | 10.0 | 206.68 | -41.59 | 38.52 | 41.36 | -42.86 | 7.32 | 219.20 | -33.73 | 37.29 |
| 22Q1 (13) | 1.85 | -52.2 | 3.93 | 0.26 | -38.1 | -42.22 | 49.29 | 109.39 | -3.47 | 353.87 | 61.99 | 73.17 | 72.38 | 26.14 | 65.82 | 330.78 | 79.17 | 56.21 |
| 21Q4 (12) | 3.87 | 27.72 | 131.74 | 0.42 | -19.23 | -12.5 | 23.54 | -21.69 | -56.88 | 218.45 | 26.02 | 15.53 | 57.38 | 1.45 | 47.47 | 184.62 | 25.73 | -9.84 |
| 21Q3 (11) | 3.03 | 62.9 | 212.37 | 0.52 | -14.75 | 8.33 | 30.06 | -38.63 | -67.96 | 173.34 | 16.17 | -8.66 | 56.56 | 46.76 | 59.19 | 146.84 | -8.03 | -40.8 |
| 21Q2 (10) | 1.86 | 4.49 | 55.0 | 0.61 | 35.56 | 60.53 | 48.98 | -4.07 | -35.23 | 149.21 | -26.98 | -38.33 | 38.54 | -11.71 | -12.03 | 159.66 | -24.6 | -41.67 |
| 21Q1 (9) | 1.78 | 6.59 | 87.37 | 0.45 | -6.25 | 73.08 | 51.06 | -6.47 | -46.57 | 204.35 | 8.07 | -40.66 | 43.65 | 12.18 | -32.36 | 211.76 | 3.41 | -43.59 |
| 20Q4 (8) | 1.67 | 72.16 | 49.11 | 0.48 | 0.0 | 23.08 | 54.59 | -41.81 | -32.61 | 189.09 | -0.36 | -18.34 | 38.91 | 9.51 | -32.15 | 204.78 | -17.44 | -19.76 |
| 20Q3 (7) | 0.97 | -19.17 | -15.65 | 0.48 | 26.32 | -14.29 | 93.81 | 24.05 | 18.39 | 189.77 | -21.56 | 17.49 | 35.53 | -18.9 | -26.01 | 248.05 | -9.38 | 28.7 |
| 20Q2 (6) | 1.20 | 26.32 | -8.4 | 0.38 | 46.15 | -29.63 | 75.62 | -20.87 | 8.63 | 241.93 | -29.75 | 43.66 | 43.81 | -32.11 | 22.82 | 273.74 | -27.08 | 35.28 |
| 20Q1 (5) | 0.95 | -15.18 | -44.44 | 0.26 | -33.33 | -46.94 | 95.56 | 17.96 | 79.12 | 344.36 | 48.71 | 87.07 | 64.53 | 12.52 | 97.1 | 375.39 | 47.08 | 83.39 |
| 19Q4 (4) | 1.12 | -2.61 | 0.0 | 0.39 | -30.36 | 0.0 | 81.01 | 2.23 | 0.0 | 231.56 | 43.36 | 0.0 | 57.35 | 19.43 | 0.0 | 255.22 | 32.42 | 0.0 |
| 19Q3 (3) | 1.15 | -12.21 | 0.0 | 0.56 | 3.7 | 0.0 | 79.24 | 13.83 | 0.0 | 161.52 | -4.09 | 0.0 | 48.02 | 34.62 | 0.0 | 192.74 | -4.75 | 0.0 |
| 19Q2 (2) | 1.31 | -23.39 | 0.0 | 0.54 | 10.2 | 0.0 | 69.61 | 30.48 | 0.0 | 168.41 | -8.51 | 0.0 | 35.67 | 8.95 | 0.0 | 202.35 | -1.14 | 0.0 |
| 19Q1 (1) | 1.71 | 0.0 | 0.0 | 0.49 | 0.0 | 0.0 | 53.35 | 0.0 | 0.0 | 184.08 | 0.0 | 0.0 | 32.74 | 0.0 | 0.0 | 204.69 | 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) | 11.71 | 10.79 | 1.60 | -1.23 | 31.17 | -9.73 | 227.47 | 0.82 | 8.62 | -67.91 | 250.02 | 7.18 |
| 2022 (9) | 10.57 | -11.62 | 1.62 | -7.43 | 34.53 | 13.14 | 225.61 | 7.9 | 26.86 | -39.09 | 233.27 | 19.3 |
| 2021 (8) | 11.96 | 97.69 | 1.75 | 10.06 | 30.52 | -49.4 | 209.10 | -9.13 | 44.10 | -9.41 | 195.53 | -19.12 |
| 2020 (7) | 6.05 | -16.2 | 1.59 | -8.62 | 60.32 | 19.33 | 230.10 | 9.39 | 48.68 | 11.93 | 241.74 | 11.19 |
| 2019 (6) | 7.22 | 12.29 | 1.74 | -33.08 | 50.55 | -10.94 | 210.35 | 49.72 | 43.49 | 9.02 | 217.41 | 38.15 |
| 2018 (5) | 6.43 | 2.06 | 2.60 | 5.69 | 56.76 | -2.05 | 140.50 | -5.36 | 39.89 | -24.62 | 157.37 | 2.53 |
| 2017 (4) | 6.30 | 45.5 | 2.46 | 18.27 | 57.95 | -31.32 | 148.46 | -15.22 | 52.92 | -2.2 | 153.49 | -25.27 |
| 2016 (3) | 4.33 | -1.37 | 2.08 | 8.9 | 84.38 | 1.54 | 175.12 | -8.23 | 54.11 | 28.41 | 205.38 | -11.39 |
| 2015 (2) | 4.39 | -31.41 | 1.91 | -46.5 | 83.10 | 45.61 | 190.82 | 86.86 | 42.14 | 85.64 | 231.77 | 69.81 |
| 2014 (1) | 6.40 | 11.5 | 3.57 | -20.31 | 57.07 | -10.25 | 102.12 | 25.3 | 22.70 | -58.95 | 136.49 | 52.01 |
