- 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) | 2.41 | 0.84 | -13.93 | 0.46 | 6.98 | -37.84 | 37.72 | -0.79 | 16.03 | 196.95 | -7.4 | 60.68 | 101.64 | -8.73 | -0.72 | 133.03 | -4.54 | 152.48 |
| 23Q3 (19) | 2.39 | -18.98 | -21.9 | 0.43 | -4.44 | -45.57 | 38.02 | 23.12 | 28.06 | 212.68 | 5.02 | 84.59 | 111.36 | -2.89 | 14.26 | 139.35 | 17.38 | 193.68 |
| 23Q2 (18) | 2.95 | 31.7 | -14.74 | 0.45 | -2.17 | -37.5 | 30.88 | -23.9 | 17.5 | 202.51 | 2.98 | 59.8 | 114.67 | -16.55 | 10.51 | 118.72 | 18.93 | 141.01 |
| 23Q1 (17) | 2.24 | -20.0 | -48.15 | 0.46 | -37.84 | -26.98 | 40.58 | 24.82 | 92.69 | 196.65 | 60.44 | 36.03 | 137.41 | 34.22 | 19.07 | 99.82 | 89.45 | 98.77 |
| 22Q4 (16) | 2.80 | -8.5 | -35.78 | 0.74 | -6.33 | 4.23 | 32.51 | 9.5 | 55.7 | 122.57 | 6.38 | -4.6 | 102.38 | 5.05 | 5.87 | 52.69 | 11.04 | 0.06 |
| 22Q3 (15) | 3.06 | -11.56 | 84.34 | 0.79 | 9.72 | 49.06 | 29.69 | 12.98 | -45.98 | 115.22 | -9.08 | -32.3 | 97.46 | -6.07 | -20.06 | 47.45 | -3.67 | -54.04 |
| 22Q2 (14) | 3.46 | -19.91 | 53.78 | 0.72 | 14.29 | 28.57 | 26.28 | 24.79 | -34.95 | 126.73 | -12.33 | -22.0 | 103.76 | -10.09 | -9.2 | 49.26 | -1.91 | -44.4 |
| 22Q1 (13) | 4.32 | -0.92 | 40.26 | 0.63 | -11.27 | 34.04 | 21.06 | 0.86 | -28.73 | 144.56 | 12.52 | -25.0 | 115.40 | 19.34 | -14.43 | 50.22 | -4.63 | -42.56 |
| 21Q4 (12) | 4.36 | 162.65 | 35.83 | 0.71 | 33.96 | 5.97 | 20.88 | -62.01 | -26.25 | 128.48 | -24.51 | -5.36 | 96.70 | -20.68 | 0.92 | 52.66 | -48.99 | -22.83 |
| 21Q3 (11) | 1.66 | -26.22 | -6.21 | 0.53 | -5.36 | -5.36 | 54.96 | 36.04 | 6.72 | 170.19 | 4.75 | 4.0 | 121.91 | 6.69 | 5.14 | 103.24 | 16.52 | 4.08 |
| 21Q2 (10) | 2.25 | -26.95 | -25.5 | 0.56 | 19.15 | -22.22 | 40.40 | 36.72 | 34.22 | 162.47 | -15.71 | 29.23 | 114.27 | -15.27 | 46.86 | 88.60 | 1.34 | 13.58 |
| 21Q1 (9) | 3.08 | -4.05 | 61.26 | 0.47 | -29.85 | 56.67 | 29.55 | 4.38 | -37.99 | 192.74 | 41.98 | -36.14 | 134.86 | 40.74 | -21.09 | 87.43 | 28.12 | -51.04 |
| 20Q4 (8) | 3.21 | 81.36 | 43.3 | 0.67 | 19.64 | 55.81 | 28.31 | -45.03 | -30.25 | 135.75 | -17.04 | -36.38 | 95.82 | -17.36 | -24.07 | 68.24 | -31.2 | -46.59 |
| 20Q3 (7) | 1.77 | -41.39 | -21.68 | 0.56 | -22.22 | 36.59 | 51.50 | 71.1 | 28.11 | 163.64 | 30.16 | -26.25 | 115.95 | 49.02 | -16.35 | 99.19 | 27.15 | -19.66 |
| 20Q2 (6) | 3.02 | 58.12 | 26.36 | 0.72 | 140.0 | 80.0 | 30.10 | -36.83 | -21.06 | 125.72 | -58.35 | -45.23 | 77.81 | -54.47 | -47.71 | 78.01 | -56.31 | -34.38 |
| 20Q1 (5) | 1.91 | -14.73 | 1.06 | 0.30 | -30.23 | -11.76 | 47.65 | 17.39 | -1.0 | 301.83 | 41.46 | 13.23 | 170.91 | 35.43 | -4.4 | 178.57 | 39.77 | 31.38 |
| 19Q4 (4) | 2.24 | -0.88 | 0.0 | 0.43 | 4.88 | 0.0 | 40.59 | 0.97 | 0.0 | 213.37 | -3.84 | 0.0 | 126.20 | -8.96 | 0.0 | 127.76 | 3.47 | 0.0 |
| 19Q3 (3) | 2.26 | -5.44 | 0.0 | 0.41 | 2.5 | 0.0 | 40.20 | 5.43 | 0.0 | 221.89 | -3.34 | 0.0 | 138.62 | -6.84 | 0.0 | 123.47 | 3.86 | 0.0 |
| 19Q2 (2) | 2.39 | 26.46 | 0.0 | 0.40 | 17.65 | 0.0 | 38.13 | -20.78 | 0.0 | 229.55 | -13.88 | 0.0 | 148.80 | -16.76 | 0.0 | 118.88 | -12.54 | 0.0 |
| 19Q1 (1) | 1.89 | 0.0 | 0.0 | 0.34 | 0.0 | 0.0 | 48.13 | 0.0 | 0.0 | 266.56 | 0.0 | 0.0 | 178.77 | 0.0 | 0.0 | 135.92 | 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) | 8.80 | -42.14 | 1.92 | -31.91 | 41.46 | 72.82 | 189.64 | 46.42 | 121.23 | 16.19 | 109.87 | 123.45 |
| 2022 (9) | 15.21 | -4.46 | 2.82 | 22.08 | 23.99 | 4.67 | 129.52 | -17.87 | 104.34 | -11.92 | 49.17 | -20.91 |
| 2021 (8) | 15.92 | 33.45 | 2.31 | 6.94 | 22.92 | -25.1 | 157.71 | -6.61 | 118.46 | 7.86 | 62.17 | -30.65 |
| 2020 (7) | 11.93 | 42.02 | 2.16 | 40.26 | 30.60 | -29.56 | 168.88 | -28.55 | 109.83 | -28.32 | 89.65 | -29.19 |
| 2019 (6) | 8.40 | 54.41 | 1.54 | -37.9 | 43.44 | -35.28 | 236.37 | 60.33 | 153.22 | 37.28 | 126.60 | 22.98 |
| 2018 (5) | 5.44 | 97.1 | 2.48 | 17.54 | 67.12 | -49.25 | 147.43 | -14.87 | 111.61 | -18.99 | 102.94 | -38.61 |
| 2017 (4) | 2.76 | -10.1 | 2.11 | -20.08 | 132.26 | 11.36 | 173.19 | 25.04 | 137.77 | 17.42 | 167.68 | 19.81 |
| 2016 (3) | 3.07 | -1.92 | 2.64 | 0.76 | 118.77 | 1.97 | 138.51 | -0.5 | 117.33 | -9.04 | 139.95 | 10.48 |
| 2015 (2) | 3.13 | -5.72 | 2.62 | -31.95 | 116.47 | 5.93 | 139.20 | 46.99 | 128.99 | -2.74 | 126.68 | 75.87 |
| 2014 (1) | 3.32 | -19.61 | 3.85 | -43.8 | 109.95 | 24.28 | 94.70 | 77.81 | 132.62 | 31.93 | 72.03 | 74.83 |
