- 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) | 2.86 | 34.91 | -3.7 | 0.65 | 18.18 | 20.37 | 31.81 | -25.8 | 3.65 | 141.06 | -15.12 | -16.08 | 61.68 | -9.93 | -17.19 | 111.19 | -20.91 | -10.55 |
| 23Q3 (19) | 2.12 | -24.82 | -26.13 | 0.55 | -9.84 | 1.85 | 42.87 | 33.05 | 35.28 | 166.18 | 11.52 | -1.92 | 68.48 | 13.19 | -17.76 | 140.58 | 16.44 | 19.29 |
| 23Q2 (18) | 2.82 | -9.32 | -21.01 | 0.61 | 22.0 | 1.67 | 32.22 | 9.93 | 26.4 | 149.01 | -17.87 | -1.75 | 60.50 | -17.8 | -16.7 | 120.73 | -11.97 | 15.5 |
| 23Q1 (17) | 3.11 | 4.71 | 8.74 | 0.50 | -7.41 | -19.35 | 29.31 | -4.5 | -7.92 | 181.43 | 7.94 | 23.12 | 73.60 | -1.18 | 10.96 | 137.14 | 10.33 | 21.51 |
| 22Q4 (16) | 2.97 | 3.48 | -13.41 | 0.54 | 0.0 | -28.95 | 30.69 | -3.16 | 15.59 | 168.09 | -0.79 | 40.08 | 74.48 | -10.56 | 43.29 | 124.30 | 5.47 | 31.44 |
| 22Q3 (15) | 2.87 | -19.61 | -21.37 | 0.54 | -10.0 | -12.9 | 31.69 | 24.32 | 27.27 | 169.43 | 11.71 | 15.09 | 83.27 | 14.65 | 49.63 | 117.85 | 12.74 | 1.18 |
| 22Q2 (14) | 3.57 | 24.83 | -12.5 | 0.60 | -3.23 | 11.11 | 25.49 | -19.92 | 14.25 | 151.67 | 2.92 | -9.4 | 72.63 | 9.5 | 15.07 | 104.53 | -7.38 | -17.43 |
| 22Q1 (13) | 2.86 | -16.62 | 0.0 | 0.62 | -18.42 | 16.98 | 31.83 | 19.89 | -0.03 | 147.36 | 22.8 | -14.77 | 66.33 | 27.61 | -20.12 | 112.86 | 19.34 | -7.26 |
| 21Q4 (12) | 3.43 | -6.03 | 13.58 | 0.76 | 22.58 | 15.15 | 26.55 | 6.63 | -11.79 | 120.00 | -18.48 | -13.47 | 51.98 | -6.59 | -30.91 | 94.57 | -18.8 | 1.09 |
| 21Q3 (11) | 3.65 | -10.54 | 12.31 | 0.62 | 14.81 | -4.62 | 24.90 | 11.61 | -11.04 | 147.21 | -12.06 | 4.72 | 55.65 | -11.83 | -17.81 | 116.47 | -7.99 | 15.49 |
| 21Q2 (10) | 4.08 | 42.66 | 29.11 | 0.54 | 1.89 | -19.4 | 22.31 | -29.93 | -22.51 | 167.40 | -3.18 | 23.55 | 63.12 | -23.99 | -3.31 | 126.59 | 4.03 | 27.87 |
| 21Q1 (9) | 2.86 | -5.3 | -4.03 | 0.53 | -19.7 | -20.9 | 31.84 | 5.78 | 4.36 | 172.90 | 24.68 | 26.65 | 83.04 | 10.38 | 17.77 | 121.69 | 30.08 | 26.09 |
| 20Q4 (8) | 3.02 | -7.08 | -8.48 | 0.66 | 1.54 | -20.48 | 30.10 | 7.54 | 9.26 | 138.68 | -1.34 | 26.0 | 75.23 | 11.11 | 35.14 | 93.55 | -7.24 | 14.18 |
| 20Q3 (7) | 3.25 | 2.85 | -3.85 | 0.65 | -2.99 | -13.33 | 27.99 | -2.78 | 3.86 | 140.57 | 3.75 | 15.97 | 67.71 | 3.72 | 22.97 | 100.85 | 1.87 | 8.32 |
| 20Q2 (6) | 3.16 | 6.04 | -7.33 | 0.67 | 0.0 | 11.67 | 28.79 | -5.64 | 7.99 | 135.49 | -0.75 | -10.02 | 65.28 | -7.42 | 7.58 | 99.00 | 2.58 | -15.06 |
| 20Q1 (5) | 2.98 | -9.7 | -10.24 | 0.67 | -19.28 | 4.69 | 30.51 | 10.74 | 11.23 | 136.52 | 24.04 | -4.49 | 70.51 | 26.66 | 2.06 | 96.51 | 17.8 | -4.71 |
| 19Q4 (4) | 3.30 | -2.37 | 0.0 | 0.83 | 10.67 | 0.0 | 27.55 | 2.23 | 0.0 | 110.06 | -9.2 | 0.0 | 55.67 | 1.11 | 0.0 | 81.93 | -12.0 | 0.0 |
| 19Q3 (3) | 3.38 | -0.88 | 0.0 | 0.75 | 25.0 | 0.0 | 26.95 | 1.09 | 0.0 | 121.21 | -19.5 | 0.0 | 55.06 | -9.26 | 0.0 | 93.10 | -20.12 | 0.0 |
| 19Q2 (2) | 3.41 | 2.71 | 0.0 | 0.60 | -6.25 | 0.0 | 26.66 | -2.81 | 0.0 | 150.57 | 5.34 | 0.0 | 60.68 | -12.17 | 0.0 | 116.55 | 15.08 | 0.0 |
| 19Q1 (1) | 3.32 | 0.0 | 0.0 | 0.64 | 0.0 | 0.0 | 27.43 | 0.0 | 0.0 | 142.94 | 0.0 | 0.0 | 69.09 | 0.0 | 0.0 | 101.28 | 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) | 11.84 | 13.09 | 2.28 | 3.17 | 30.83 | -11.56 | 160.17 | -3.07 | 70.96 | -2.27 | 120.05 | -5.84 |
| 2022 (9) | 10.47 | 8.39 | 2.21 | -12.3 | 34.86 | -7.75 | 165.25 | 14.21 | 72.61 | -3.3 | 127.50 | 18.74 |
| 2021 (8) | 9.66 | 2.55 | 2.52 | 3.7 | 37.79 | -2.43 | 144.69 | -3.68 | 75.09 | -9.25 | 107.38 | 1.1 |
| 2020 (7) | 9.42 | -17.51 | 2.43 | -7.95 | 38.73 | 21.18 | 150.22 | 8.52 | 82.74 | 8.93 | 106.21 | 12.5 |
| 2019 (6) | 11.42 | 87.52 | 2.64 | 0.76 | 31.96 | -46.66 | 138.42 | -0.52 | 75.96 | -14.42 | 94.41 | -14.41 |
| 2018 (5) | 6.09 | 73.5 | 2.62 | -34.99 | 59.92 | -42.33 | 139.14 | 53.47 | 88.76 | 7.37 | 110.30 | -1.42 |
| 2017 (4) | 3.51 | 22.73 | 4.03 | -25.92 | 103.90 | -18.59 | 90.66 | 35.03 | 82.67 | 3.67 | 111.89 | -2.72 |
| 2016 (3) | 2.86 | 19.67 | 5.44 | -23.81 | 127.62 | -16.59 | 67.14 | 31.29 | 79.74 | 23.06 | 115.02 | -17.46 |
| 2015 (2) | 2.39 | -2.45 | 7.14 | -14.7 | 153.00 | 2.56 | 51.14 | 17.27 | 64.80 | 6.72 | 139.35 | 5.52 |
| 2014 (1) | 2.45 | 13.43 | 8.37 | -12.45 | 149.18 | -11.7 | 43.61 | 14.25 | 60.72 | -24.36 | 132.06 | 4.12 |
