- 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) | 1.09 | 5.83 | -26.35 | 0.19 | -5.0 | -5.0 | 83.66 | -5.71 | 35.94 | 477.77 | 5.31 | 2.98 | 119.62 | 3.59 | 24.89 | 441.81 | 3.48 | 2.82 |
| 23Q3 (19) | 1.03 | -11.21 | -21.37 | 0.20 | 0.0 | 11.11 | 88.73 | 13.03 | 27.63 | 453.69 | 1.26 | -10.07 | 115.48 | 3.76 | 17.74 | 426.94 | 2.81 | -10.29 |
| 23Q2 (18) | 1.16 | -3.33 | 18.37 | 0.20 | 11.11 | 66.67 | 78.50 | 3.1 | -15.79 | 448.06 | -11.28 | -41.51 | 111.30 | -2.58 | -22.16 | 415.26 | -11.07 | -42.03 |
| 23Q1 (17) | 1.20 | -18.92 | -12.41 | 0.18 | -10.0 | 12.5 | 76.14 | 23.72 | 15.02 | 505.05 | 8.86 | -11.11 | 114.25 | 19.28 | 0.86 | 466.94 | 8.66 | -10.39 |
| 22Q4 (16) | 1.48 | 12.98 | -17.78 | 0.20 | 11.11 | -20.0 | 61.54 | -11.48 | 21.57 | 463.95 | -8.04 | 27.94 | 95.78 | -2.35 | 24.68 | 429.71 | -9.71 | 27.73 |
| 22Q3 (15) | 1.31 | 33.67 | -22.02 | 0.18 | 50.0 | -10.0 | 69.52 | -25.42 | 28.72 | 504.50 | -34.14 | 10.82 | 98.08 | -31.41 | 7.96 | 475.93 | -33.56 | 13.75 |
| 22Q2 (14) | 0.98 | -28.47 | -43.02 | 0.12 | -25.0 | -29.41 | 93.22 | 40.82 | 75.72 | 766.06 | 34.83 | 44.03 | 142.99 | 26.23 | 40.77 | 716.28 | 37.46 | 48.18 |
| 22Q1 (13) | 1.37 | -23.89 | -42.19 | 0.16 | -36.0 | -5.88 | 66.20 | 30.78 | 72.08 | 568.16 | 56.68 | 4.38 | 113.28 | 47.46 | 6.37 | 521.09 | 54.89 | 9.4 |
| 21Q4 (12) | 1.80 | 7.14 | -19.28 | 0.25 | 25.0 | 47.06 | 50.62 | -6.28 | 24.28 | 362.62 | -20.35 | -33.67 | 76.82 | -15.44 | -27.86 | 336.42 | -19.59 | -30.05 |
| 21Q3 (11) | 1.68 | -2.33 | 3.7 | 0.20 | 17.65 | 33.33 | 54.01 | 1.81 | -3.66 | 455.25 | -14.41 | -26.59 | 90.85 | -10.56 | -23.85 | 418.40 | -13.44 | -24.87 |
| 21Q2 (10) | 1.72 | -27.43 | -4.97 | 0.17 | 0.0 | -5.56 | 53.05 | 37.9 | 5.28 | 531.89 | -2.29 | 4.92 | 101.58 | -4.62 | -14.12 | 483.37 | 1.48 | 10.09 |
| 21Q1 (9) | 2.37 | 6.28 | 33.15 | 0.17 | 0.0 | 13.33 | 38.47 | -5.55 | -24.85 | 544.33 | -0.43 | -11.14 | 106.50 | 0.01 | -26.14 | 476.31 | -0.96 | -8.32 |
| 20Q4 (8) | 2.23 | 37.65 | 28.16 | 0.17 | 13.33 | 21.43 | 40.73 | -27.35 | -22.08 | 546.70 | -11.85 | -13.82 | 106.49 | -10.75 | -14.51 | 480.94 | -13.64 | -14.43 |
| 20Q3 (7) | 1.62 | -10.5 | 6.58 | 0.15 | -16.67 | 15.38 | 56.06 | 11.25 | -6.63 | 620.18 | 22.34 | -10.13 | 119.31 | 0.87 | -11.19 | 556.93 | 26.85 | -9.56 |
| 20Q2 (6) | 1.81 | 1.69 | 24.83 | 0.18 | 20.0 | 50.0 | 50.39 | -1.56 | -19.82 | 506.95 | -17.24 | -32.07 | 118.28 | -17.97 | -4.56 | 439.06 | -15.49 | -35.92 |
| 20Q1 (5) | 1.78 | 2.3 | -2.73 | 0.15 | 7.14 | -11.76 | 51.19 | -2.07 | 2.73 | 612.56 | -3.43 | 11.19 | 144.19 | 15.75 | 99.27 | 519.55 | -7.56 | -1.67 |
| 19Q4 (4) | 1.74 | 14.47 | 0.0 | 0.14 | 7.69 | 0.0 | 52.27 | -12.94 | 0.0 | 634.34 | -8.08 | 0.0 | 124.57 | -7.27 | 0.0 | 562.04 | -8.73 | 0.0 |
| 19Q3 (3) | 1.52 | 4.83 | 0.0 | 0.13 | 8.33 | 0.0 | 60.04 | -4.47 | 0.0 | 690.12 | -7.53 | 0.0 | 134.34 | 8.4 | 0.0 | 615.82 | -10.13 | 0.0 |
| 19Q2 (2) | 1.45 | -20.77 | 0.0 | 0.12 | -29.41 | 0.0 | 62.85 | 26.13 | 0.0 | 746.28 | 35.46 | 0.0 | 123.93 | 71.27 | 0.0 | 685.20 | 29.67 | 0.0 |
| 19Q1 (1) | 1.83 | 0.0 | 0.0 | 0.17 | 0.0 | 0.0 | 49.83 | 0.0 | 0.0 | 550.93 | 0.0 | 0.0 | 72.36 | 0.0 | 0.0 | 528.40 | 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) | 5.54 | -6.73 | 0.77 | 14.93 | 65.85 | 7.14 | 475.01 | -13.31 | 111.79 | -5.79 | 429.07 | -12.56 |
| 2022 (9) | 5.94 | -35.71 | 0.67 | -15.19 | 61.46 | 55.52 | 547.91 | 18.44 | 118.66 | 22.17 | 490.71 | 21.17 |
| 2021 (8) | 9.24 | 1.54 | 0.79 | 36.21 | 39.52 | -1.42 | 462.60 | -26.15 | 97.13 | -22.25 | 404.99 | -25.22 |
| 2020 (7) | 9.10 | 22.31 | 0.58 | 0.0 | 40.09 | -18.33 | 626.40 | -0.37 | 124.92 | 19.12 | 541.57 | -5.48 |
| 2019 (6) | 7.44 | 51.22 | 0.58 | 1.75 | 49.09 | -33.81 | 628.74 | -0.97 | 104.87 | 22.97 | 572.96 | -8.14 |
| 2018 (5) | 4.92 | 37.43 | 0.57 | 14.0 | 74.17 | -27.36 | 634.87 | -12.88 | 85.28 | -14.54 | 623.76 | -14.68 |
| 2017 (4) | 3.58 | 22.18 | 0.50 | 2.04 | 102.10 | -18.16 | 728.77 | -1.41 | 99.79 | -14.99 | 731.07 | -2.07 |
| 2016 (3) | 2.93 | -33.11 | 0.49 | -40.96 | 124.75 | 49.81 | 739.18 | 67.38 | 117.38 | 36.5 | 746.55 | 70.09 |
| 2015 (2) | 4.38 | 39.49 | 0.83 | -1.19 | 83.27 | -28.29 | 441.62 | 1.24 | 85.99 | -12.62 | 438.91 | -3.3 |
| 2014 (1) | 3.14 | 20.77 | 0.84 | -13.4 | 116.12 | -17.38 | 436.20 | 15.43 | 98.41 | 3.13 | 453.91 | 7.3 |
