- 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) | 1.17 | -13.33 | -7.87 | 0.79 | -10.23 | 19.7 | 77.64 | 15.6 | 8.0 | 115.37 | 11.36 | -15.84 | 75.11 | 15.23 | 15.31 | 117.90 | 11.68 | -18.03 |
| 23Q3 (19) | 1.35 | -14.01 | 11.57 | 0.88 | 15.79 | 33.33 | 67.16 | 16.05 | -10.49 | 103.60 | -13.86 | -24.61 | 65.18 | 15.55 | -25.07 | 105.57 | -13.28 | -15.86 |
| 23Q2 (18) | 1.57 | 60.2 | 2.61 | 0.76 | 65.22 | -9.52 | 57.87 | -37.67 | -2.56 | 120.27 | -39.21 | 11.13 | 56.41 | -28.65 | -29.8 | 121.73 | -42.48 | 39.5 |
| 23Q1 (17) | 0.98 | -22.83 | -24.03 | 0.46 | -30.3 | -36.99 | 92.84 | 29.14 | 31.45 | 197.86 | 44.33 | 57.77 | 79.06 | 21.37 | -16.29 | 211.64 | 47.14 | 108.33 |
| 22Q4 (16) | 1.27 | 4.96 | -15.33 | 0.66 | 0.0 | -21.43 | 71.89 | -4.18 | 18.34 | 137.09 | -0.24 | 26.97 | 65.14 | -25.12 | -25.6 | 143.84 | 14.64 | 77.23 |
| 22Q3 (15) | 1.21 | -20.92 | -19.87 | 0.66 | -21.43 | -23.26 | 75.03 | 26.33 | 24.61 | 137.42 | 26.98 | 30.55 | 86.99 | 8.25 | -7.66 | 125.47 | 43.79 | 76.1 |
| 22Q2 (14) | 1.53 | 18.6 | -7.27 | 0.84 | 15.07 | -16.0 | 59.39 | -15.91 | 7.9 | 108.22 | -13.71 | 19.29 | 80.36 | -14.92 | -4.02 | 87.26 | -14.11 | 40.67 |
| 22Q1 (13) | 1.29 | -14.0 | 3.2 | 0.73 | -13.1 | -17.05 | 70.63 | 16.26 | -2.85 | 125.41 | 16.15 | 21.09 | 94.45 | 7.88 | -8.93 | 101.59 | 25.17 | 40.01 |
| 21Q4 (12) | 1.50 | -0.66 | 0.0 | 0.84 | -2.33 | -33.86 | 60.75 | 0.9 | 0.16 | 107.97 | 2.57 | 50.23 | 87.55 | -7.07 | 12.78 | 81.16 | 13.91 | 47.89 |
| 21Q3 (11) | 1.51 | -8.48 | 9.42 | 0.86 | -14.0 | -27.73 | 60.21 | 9.39 | -8.76 | 105.26 | 16.03 | 37.74 | 94.21 | 12.52 | 10.41 | 71.25 | 14.86 | 24.82 |
| 21Q2 (10) | 1.65 | 32.0 | 7.84 | 1.00 | 13.64 | -10.71 | 55.04 | -24.29 | -7.26 | 90.72 | -12.41 | 11.75 | 83.73 | -19.27 | -2.87 | 62.03 | -14.51 | 14.17 |
| 21Q1 (9) | 1.25 | -16.67 | 32.98 | 0.88 | -30.71 | 6.02 | 72.70 | 19.87 | -25.24 | 103.57 | 44.11 | -5.03 | 103.71 | 33.6 | -13.85 | 72.56 | 32.22 | -15.55 |
| 20Q4 (8) | 1.50 | 8.7 | 5.63 | 1.27 | 6.72 | -13.01 | 60.65 | -8.09 | -5.54 | 71.87 | -5.95 | 15.01 | 77.63 | -9.02 | 5.99 | 54.88 | -3.85 | 2.66 |
| 20Q3 (7) | 1.38 | -9.8 | 15.0 | 1.19 | 6.25 | 6.25 | 65.99 | 11.19 | -12.79 | 76.42 | -5.86 | -5.72 | 85.33 | -1.01 | -8.85 | 57.08 | 5.06 | -9.55 |
| 20Q2 (6) | 1.53 | 62.77 | 9.29 | 1.12 | 34.94 | -14.5 | 59.35 | -38.97 | -8.66 | 81.18 | -25.56 | 17.16 | 86.20 | -28.4 | 14.05 | 54.33 | -36.77 | -7.44 |
| 20Q1 (5) | 0.94 | -33.8 | -13.76 | 0.83 | -43.15 | -13.54 | 97.25 | 51.46 | 16.65 | 109.05 | 74.51 | 15.01 | 120.39 | 64.38 | 29.02 | 85.92 | 60.72 | 1.23 |
| 19Q4 (4) | 1.42 | 18.33 | 0.0 | 1.46 | 30.36 | 0.0 | 64.21 | -15.14 | 0.0 | 62.49 | -22.91 | 0.0 | 73.24 | -21.76 | 0.0 | 53.46 | -15.29 | 0.0 |
| 19Q3 (3) | 1.20 | -14.29 | 0.0 | 1.12 | -14.5 | 0.0 | 75.67 | 16.45 | 0.0 | 81.06 | 16.99 | 0.0 | 93.61 | 23.86 | 0.0 | 63.11 | 7.51 | 0.0 |
| 19Q2 (2) | 1.40 | 28.44 | 0.0 | 1.31 | 36.46 | 0.0 | 64.98 | -22.06 | 0.0 | 69.29 | -26.92 | 0.0 | 75.58 | -19.0 | 0.0 | 58.70 | -30.84 | 0.0 |
| 19Q1 (1) | 1.09 | 0.0 | 0.0 | 0.96 | 0.0 | 0.0 | 83.37 | 0.0 | 0.0 | 94.82 | 0.0 | 0.0 | 93.31 | 0.0 | 0.0 | 84.88 | 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) | 5.13 | -6.73 | 2.81 | -5.7 | 71.16 | 7.17 | 129.83 | 6.06 | 66.57 | -13.5 | 134.42 | 20.18 |
| 2022 (9) | 5.50 | 7.0 | 2.98 | -14.37 | 66.40 | -6.49 | 122.41 | 16.61 | 76.96 | -17.91 | 111.85 | 36.02 |
| 2021 (8) | 5.14 | 23.56 | 3.48 | -17.54 | 71.01 | -18.98 | 104.97 | 21.25 | 93.75 | -9.23 | 82.23 | 15.93 |
| 2020 (7) | 4.16 | -16.8 | 4.22 | -24.1 | 87.65 | 20.05 | 86.57 | 31.95 | 103.28 | 38.37 | 70.93 | 10.86 |
| 2019 (6) | 5.00 | -1.96 | 5.56 | 18.8 | 73.01 | 1.98 | 65.61 | -15.94 | 74.64 | -9.81 | 63.98 | -4.35 |
| 2018 (5) | 5.10 | 6.25 | 4.68 | 3.77 | 71.59 | -5.85 | 78.05 | -3.57 | 82.76 | -12.41 | 66.89 | 7.02 |
| 2017 (4) | 4.80 | 16.79 | 4.51 | 1.35 | 76.04 | -14.43 | 80.94 | -1.24 | 94.49 | -7.25 | 62.50 | -9.35 |
| 2016 (3) | 4.11 | -21.11 | 4.45 | -7.48 | 88.86 | 26.76 | 81.96 | 8.04 | 101.88 | 14.59 | 68.95 | 20.86 |
| 2015 (2) | 5.21 | 10.62 | 4.81 | 21.77 | 70.10 | -9.62 | 75.86 | -17.86 | 88.91 | -8.88 | 57.05 | -21.15 |
| 2014 (1) | 4.71 | -26.06 | 3.95 | -16.49 | 77.56 | 35.31 | 92.36 | 19.65 | 97.57 | 3.4 | 72.35 | 80.2 |
