- 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) | 1.54 | 123.19 | 85.54 | 0.82 | 95.24 | 57.69 | 59.05 | -55.24 | -46.1 | 111.60 | -49.09 | -36.33 | 47.39 | -30.07 | -34.26 | 123.26 | -56.5 | -42.06 |
| 23Q3 (19) | 0.69 | -17.86 | -53.69 | 0.42 | -25.0 | -44.0 | 131.94 | 22.27 | 116.61 | 219.22 | 35.35 | 79.94 | 67.77 | 66.18 | 34.41 | 283.38 | 23.69 | 114.16 |
| 23Q2 (18) | 0.84 | 42.37 | -26.96 | 0.56 | 33.33 | 1.82 | 107.91 | -30.44 | 36.73 | 161.97 | -26.11 | -2.73 | 40.78 | -38.34 | -39.72 | 229.10 | -25.67 | 28.86 |
| 23Q1 (17) | 0.59 | -28.92 | -59.86 | 0.42 | -19.23 | -33.33 | 155.14 | 41.6 | 151.2 | 219.20 | 25.06 | 50.72 | 66.14 | -8.25 | 3.98 | 308.20 | 44.88 | 114.64 |
| 22Q4 (16) | 0.83 | -44.3 | -47.8 | 0.52 | -30.67 | -13.33 | 109.56 | 79.87 | 91.91 | 175.27 | 43.86 | 14.95 | 72.09 | 42.98 | 6.55 | 212.73 | 60.77 | 49.93 |
| 22Q3 (15) | 1.49 | 29.57 | -12.87 | 0.75 | 36.36 | 8.7 | 60.91 | -22.82 | 14.64 | 121.83 | -26.84 | -7.72 | 50.42 | -25.47 | -32.83 | 132.32 | -25.58 | 20.19 |
| 22Q2 (14) | 1.15 | -21.77 | -53.06 | 0.55 | -12.7 | -43.3 | 78.92 | 27.78 | 112.32 | 166.52 | 14.49 | 78.19 | 67.65 | 6.35 | 6.35 | 177.79 | 23.82 | 165.32 |
| 22Q1 (13) | 1.47 | -7.55 | -10.91 | 0.63 | 5.0 | -27.59 | 61.76 | 8.18 | 12.17 | 145.44 | -4.61 | 39.42 | 63.61 | -5.99 | -3.2 | 143.59 | 1.2 | 53.31 |
| 21Q4 (12) | 1.59 | -7.02 | -31.17 | 0.60 | -13.04 | -42.31 | 57.09 | 7.45 | 44.82 | 152.47 | 15.49 | 73.91 | 67.66 | -9.86 | 62.22 | 141.89 | 28.89 | 66.17 |
| 21Q3 (11) | 1.71 | -30.2 | -19.72 | 0.69 | -28.87 | 7.81 | 53.13 | 42.94 | 24.16 | 132.02 | 41.27 | -7.5 | 75.06 | 18.0 | 67.69 | 110.09 | 64.29 | -21.79 |
| 21Q2 (10) | 2.45 | 48.48 | 120.72 | 0.97 | 11.49 | 155.26 | 37.17 | -32.49 | -54.61 | 93.45 | -10.42 | -61.13 | 63.61 | -3.2 | 6.6 | 67.01 | -28.45 | -74.48 |
| 21Q1 (9) | 1.65 | -28.57 | 61.76 | 0.87 | -16.35 | 123.08 | 55.06 | 39.68 | -38.02 | 104.32 | 18.99 | -55.37 | 65.71 | 57.54 | 26.8 | 93.66 | 9.68 | -65.41 |
| 20Q4 (8) | 2.31 | 8.45 | 100.87 | 1.04 | 62.5 | 136.36 | 39.42 | -7.88 | -50.06 | 87.67 | -38.58 | -57.33 | 41.71 | -6.81 | -4.64 | 85.39 | -39.34 | -64.52 |
| 20Q3 (7) | 2.13 | 91.89 | 121.88 | 0.64 | 68.42 | 56.1 | 42.79 | -47.75 | -54.64 | 142.73 | -40.63 | -35.74 | 44.76 | -24.99 | -22.64 | 140.77 | -46.4 | -45.56 |
| 20Q2 (6) | 1.11 | 8.82 | 6.73 | 0.38 | -2.56 | -26.92 | 81.89 | -7.81 | -6.55 | 240.39 | 2.85 | 37.55 | 59.67 | 15.15 | 11.97 | 262.62 | -3.0 | 25.6 |
| 20Q1 (5) | 1.02 | -11.3 | 29.11 | 0.39 | -11.36 | -15.22 | 88.83 | 12.54 | -22.5 | 233.72 | 13.75 | 19.03 | 51.82 | 18.47 | -15.68 | 270.74 | 12.5 | 8.5 |
| 19Q4 (4) | 1.15 | 19.79 | 0.0 | 0.44 | 7.32 | 0.0 | 78.93 | -16.33 | 0.0 | 205.46 | -7.49 | 0.0 | 43.74 | -24.4 | 0.0 | 240.65 | -6.93 | 0.0 |
| 19Q3 (3) | 0.96 | -7.69 | 0.0 | 0.41 | -21.15 | 0.0 | 94.33 | 7.65 | 0.0 | 222.10 | 27.09 | 0.0 | 57.86 | 8.58 | 0.0 | 258.58 | 23.66 | 0.0 |
| 19Q2 (2) | 1.04 | 31.65 | 0.0 | 0.52 | 13.04 | 0.0 | 87.63 | -23.55 | 0.0 | 174.76 | -11.0 | 0.0 | 53.29 | -13.29 | 0.0 | 209.10 | -16.2 | 0.0 |
| 19Q1 (1) | 0.79 | 0.0 | 0.0 | 0.46 | 0.0 | 0.0 | 114.62 | 0.0 | 0.0 | 196.35 | 0.0 | 0.0 | 61.46 | 0.0 | 0.0 | 249.52 | 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) | 3.25 | -32.57 | 2.13 | -14.8 | 112.15 | 48.13 | 171.11 | 17.16 | 73.92 | 24.97 | 209.34 | 28.75 |
| 2022 (9) | 4.82 | -32.59 | 2.50 | -19.61 | 75.71 | 48.22 | 146.05 | 24.31 | 59.15 | 2.12 | 162.60 | 46.95 |
| 2021 (8) | 7.15 | 34.91 | 3.11 | 29.05 | 51.08 | -25.85 | 117.49 | -22.32 | 57.92 | 5.6 | 110.65 | -33.05 |
| 2020 (7) | 5.30 | 35.9 | 2.41 | 24.23 | 68.89 | -26.31 | 151.24 | -19.48 | 54.85 | 18.24 | 165.28 | -29.65 |
| 2019 (6) | 3.90 | -0.26 | 1.94 | -22.4 | 93.49 | 0.16 | 187.83 | 28.76 | 46.39 | -17.82 | 234.94 | 28.55 |
| 2018 (5) | 3.91 | -1.51 | 2.50 | 14.68 | 93.34 | 1.56 | 145.88 | -12.99 | 56.45 | -17.64 | 182.76 | -4.33 |
| 2017 (4) | 3.97 | -16.24 | 2.18 | 3.32 | 91.91 | 19.27 | 167.66 | -3.09 | 68.54 | 20.86 | 191.03 | -1.21 |
| 2016 (3) | 4.74 | 3.04 | 2.11 | 0.96 | 77.06 | -2.92 | 173.01 | -0.98 | 56.71 | -0.54 | 193.36 | -1.89 |
| 2015 (2) | 4.60 | -6.88 | 2.09 | -0.95 | 79.38 | 7.4 | 174.72 | 1.01 | 57.02 | -5.0 | 197.08 | 5.47 |
| 2014 (1) | 4.94 | 25.38 | 2.11 | 14.67 | 73.91 | -20.12 | 172.97 | -12.58 | 60.02 | -11.24 | 186.86 | -16.12 |
