- 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) | 1.83 | -8.5 | 14.37 | 0.78 | 13.04 | 36.84 | 49.79 | 9.52 | -12.59 | 116.08 | -12.52 | -27.01 | 55.27 | 1.97 | -24.61 | 110.59 | -10.77 | -22.5 |
| 23Q3 (19) | 2.00 | 7.53 | 37.93 | 0.69 | 43.75 | 56.82 | 45.46 | -7.26 | -27.69 | 132.69 | -29.54 | -36.03 | 54.20 | -27.75 | -43.88 | 123.94 | -23.65 | -28.65 |
| 23Q2 (18) | 1.86 | 28.28 | 13.41 | 0.48 | 2.13 | -2.04 | 49.02 | -22.1 | -11.88 | 188.33 | -2.64 | 1.89 | 75.02 | -10.13 | -17.0 | 162.33 | -6.1 | 8.16 |
| 23Q1 (17) | 1.45 | -9.38 | -13.17 | 0.47 | -17.54 | -4.08 | 62.93 | 10.48 | 15.17 | 193.43 | 21.62 | 4.81 | 83.48 | 13.87 | -14.18 | 172.87 | 21.15 | 21.8 |
| 22Q4 (16) | 1.60 | 10.34 | -20.0 | 0.57 | 29.55 | -8.06 | 56.96 | -9.4 | 25.32 | 159.04 | -23.32 | 8.72 | 73.31 | -24.09 | 5.88 | 142.69 | -17.86 | 16.5 |
| 22Q3 (15) | 1.45 | -11.59 | -20.33 | 0.44 | -10.2 | -10.2 | 62.87 | 13.01 | 25.44 | 207.41 | 12.21 | 11.54 | 96.58 | 6.85 | 18.74 | 173.71 | 15.74 | 12.27 |
| 22Q2 (14) | 1.64 | -1.8 | -4.09 | 0.49 | 0.0 | 19.51 | 55.63 | 1.81 | 4.65 | 184.84 | 0.15 | -17.53 | 90.39 | -7.07 | -15.55 | 150.09 | 5.75 | -11.84 |
| 22Q1 (13) | 1.67 | -16.5 | -16.92 | 0.49 | -20.97 | -5.77 | 54.64 | 20.22 | 20.54 | 184.56 | 26.17 | 4.63 | 97.27 | 40.48 | 3.41 | 141.93 | 15.88 | 11.17 |
| 21Q4 (12) | 2.00 | 9.89 | -4.76 | 0.62 | 26.53 | 0.0 | 45.45 | -9.32 | 4.77 | 146.28 | -21.33 | 0.03 | 69.24 | -14.88 | -17.43 | 122.48 | -20.84 | 15.82 |
| 21Q3 (11) | 1.82 | 6.43 | -4.21 | 0.49 | 19.51 | -14.04 | 50.12 | -5.72 | 4.39 | 185.95 | -17.03 | 15.87 | 81.34 | -24.0 | -7.75 | 154.73 | -9.12 | 28.61 |
| 21Q2 (10) | 1.71 | -14.93 | 56.88 | 0.41 | -21.15 | -8.89 | 53.16 | 17.27 | -36.22 | 224.12 | 27.05 | 10.93 | 107.03 | 13.79 | 10.32 | 170.25 | 33.35 | -9.61 |
| 21Q1 (9) | 2.01 | -4.29 | 71.79 | 0.52 | -16.13 | -11.86 | 45.33 | 4.5 | -41.67 | 176.40 | 20.63 | 14.71 | 94.06 | 12.16 | 47.2 | 127.67 | 20.73 | -23.82 |
| 20Q4 (8) | 2.10 | 10.53 | 8.25 | 0.62 | 8.77 | -18.42 | 43.38 | -9.64 | -7.39 | 146.23 | -8.88 | 22.57 | 83.86 | -4.89 | 88.75 | 105.75 | -12.1 | -13.11 |
| 20Q3 (7) | 1.90 | 74.31 | -19.15 | 0.57 | 26.67 | -18.57 | 48.01 | -42.4 | 24.02 | 160.48 | -20.57 | 23.47 | 88.17 | -9.12 | 67.27 | 120.31 | -36.13 | 3.73 |
| 20Q2 (6) | 1.09 | -6.84 | -51.98 | 0.45 | -23.73 | -32.84 | 83.35 | 7.26 | 107.86 | 202.03 | 31.38 | 49.62 | 97.02 | 51.83 | 38.28 | 188.36 | 12.4 | 79.44 |
| 20Q1 (5) | 1.17 | -39.69 | -34.64 | 0.59 | -22.37 | -15.71 | 77.71 | 65.91 | 52.76 | 153.78 | 28.9 | 18.36 | 63.90 | 43.82 | -12.39 | 167.58 | 37.69 | 55.37 |
| 19Q4 (4) | 1.94 | -17.45 | 0.0 | 0.76 | 8.57 | 0.0 | 46.84 | 21.0 | 0.0 | 119.30 | -8.21 | 0.0 | 44.43 | -15.71 | 0.0 | 121.71 | 4.94 | 0.0 |
| 19Q3 (3) | 2.35 | 3.52 | 0.0 | 0.70 | 4.48 | 0.0 | 38.71 | -3.47 | 0.0 | 129.97 | -3.75 | 0.0 | 52.71 | -24.87 | 0.0 | 115.98 | 10.49 | 0.0 |
| 19Q2 (2) | 2.27 | 26.82 | 0.0 | 0.67 | -4.29 | 0.0 | 40.10 | -21.17 | 0.0 | 135.03 | 3.93 | 0.0 | 70.16 | -3.81 | 0.0 | 104.97 | -2.68 | 0.0 |
| 19Q1 (1) | 1.79 | 0.0 | 0.0 | 0.70 | 0.0 | 0.0 | 50.87 | 0.0 | 0.0 | 129.93 | 0.0 | 0.0 | 72.94 | 0.0 | 0.0 | 107.86 | 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) | 5.49 | 3.0 | 2.50 | 28.87 | 66.50 | -2.88 | 146.25 | -22.29 | 69.17 | -24.69 | 143.57 | -12.9 |
| 2022 (9) | 5.33 | -21.5 | 1.94 | -10.19 | 68.47 | 27.34 | 188.20 | 11.14 | 91.85 | -1.71 | 164.83 | 27.12 |
| 2021 (8) | 6.79 | 5.93 | 2.16 | -6.9 | 53.77 | -5.6 | 169.34 | 7.55 | 93.45 | 20.32 | 129.66 | -5.18 |
| 2020 (7) | 6.41 | -3.03 | 2.32 | -24.43 | 56.96 | 3.13 | 157.45 | 32.52 | 77.67 | 47.35 | 136.75 | 12.7 |
| 2019 (6) | 6.61 | -9.95 | 3.07 | -21.68 | 55.23 | 11.02 | 118.81 | 27.59 | 52.71 | -22.45 | 121.34 | 62.0 |
| 2018 (5) | 7.34 | -7.21 | 3.92 | -43.19 | 49.75 | 7.82 | 93.12 | 75.93 | 67.97 | 8.39 | 74.90 | 106.0 |
| 2017 (4) | 7.91 | 33.84 | 6.90 | 4.07 | 46.14 | -25.33 | 52.93 | -3.89 | 62.71 | -4.13 | 36.36 | -29.33 |
| 2016 (3) | 5.91 | 9.85 | 6.63 | 10.5 | 61.79 | -8.99 | 55.07 | -9.48 | 65.41 | -2.12 | 51.45 | -16.87 |
| 2015 (2) | 5.38 | 10.25 | 6.00 | -5.36 | 67.89 | -9.18 | 60.84 | 5.64 | 66.83 | 7.25 | 61.89 | -11.62 |
| 2014 (1) | 4.88 | 19.32 | 6.34 | 20.99 | 74.75 | -16.21 | 57.59 | -17.36 | 62.31 | 0.35 | 70.03 | -27.66 |
