- 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) | 3.93 | -13.05 | 11.65 | 0.65 | -22.62 | -13.33 | 23.15 | 15.12 | -10.55 | 139.47 | 28.54 | 14.84 | 94.13 | 23.79 | 20.54 | 68.49 | 30.28 | -1.08 |
| 23Q3 (19) | 4.52 | 28.05 | 20.53 | 0.84 | -3.45 | 27.27 | 20.11 | -22.08 | -17.04 | 108.50 | 3.9 | -21.48 | 76.04 | 9.82 | -13.46 | 52.57 | -13.82 | -29.48 |
| 23Q2 (18) | 3.53 | 0.28 | -21.56 | 0.87 | -13.0 | 17.57 | 25.81 | -0.23 | 27.52 | 104.43 | 14.63 | -15.13 | 69.24 | 15.92 | -3.11 | 61.00 | 6.59 | -15.07 |
| 23Q1 (17) | 3.52 | 0.0 | -13.51 | 1.00 | 33.33 | 36.99 | 25.87 | -0.04 | 15.7 | 91.10 | -24.99 | -26.57 | 59.73 | -23.51 | 1.07 | 57.23 | -17.35 | -34.47 |
| 22Q4 (16) | 3.52 | -6.13 | -20.0 | 0.75 | 13.64 | 50.0 | 25.88 | 6.77 | 25.02 | 121.45 | -12.11 | -33.79 | 78.09 | -11.13 | -1.87 | 69.24 | -7.12 | -44.4 |
| 22Q3 (15) | 3.75 | -16.67 | -36.33 | 0.66 | -10.81 | 144.44 | 24.24 | 19.76 | 56.99 | 138.18 | 12.3 | -58.81 | 87.87 | 22.96 | 10.75 | 74.55 | 3.8 | -72.55 |
| 22Q2 (14) | 4.50 | 10.57 | -0.66 | 0.74 | 1.37 | 252.38 | 20.24 | -9.48 | 0.75 | 123.04 | -0.83 | -71.91 | 71.46 | 20.91 | 0.72 | 71.82 | -17.76 | -81.45 |
| 22Q1 (13) | 4.07 | -7.5 | 7.39 | 0.73 | 46.0 | 305.56 | 22.36 | 8.02 | -6.79 | 124.07 | -32.36 | -75.42 | 59.10 | -25.74 | -13.19 | 87.33 | -29.87 | -81.05 |
| 21Q4 (12) | 4.40 | -25.3 | 7.58 | 0.50 | 85.19 | 233.33 | 20.70 | 34.07 | -7.01 | 183.42 | -45.33 | -69.66 | 79.58 | 0.3 | -0.64 | 124.53 | -54.15 | -77.22 |
| 21Q3 (11) | 5.89 | 30.02 | 81.23 | 0.27 | 28.57 | 58.82 | 15.44 | -23.15 | -44.84 | 335.49 | -23.4 | -36.34 | 79.34 | 11.83 | -3.13 | 271.59 | -29.84 | -42.59 |
| 21Q2 (10) | 4.53 | 19.53 | -1.95 | 0.21 | 16.67 | 10.53 | 20.09 | -16.26 | 1.93 | 437.96 | -13.25 | -8.0 | 70.95 | 4.22 | -13.27 | 387.10 | -15.98 | -6.48 |
| 21Q1 (9) | 3.79 | -7.33 | -5.49 | 0.18 | 20.0 | -10.0 | 23.99 | 7.77 | 5.59 | 504.84 | -16.49 | 10.3 | 68.08 | -15.0 | -11.64 | 460.75 | -15.72 | 14.22 |
| 20Q4 (8) | 4.09 | 25.85 | 16.19 | 0.15 | -11.76 | -21.05 | 22.26 | -20.47 | -13.95 | 604.54 | 14.71 | 27.74 | 80.09 | -2.21 | -1.44 | 546.71 | 15.56 | 30.84 |
| 20Q3 (7) | 3.25 | -29.65 | -3.85 | 0.17 | -10.53 | -37.04 | 27.99 | 42.01 | 4.05 | 527.00 | 10.71 | 58.33 | 81.90 | 0.11 | 33.61 | 473.10 | 14.3 | 58.52 |
| 20Q2 (6) | 4.62 | 15.21 | 2.44 | 0.19 | -5.0 | -29.63 | 19.71 | -13.25 | -2.33 | 476.02 | 4.0 | 42.96 | 81.81 | 6.18 | 40.28 | 413.92 | 2.61 | 40.39 |
| 20Q1 (5) | 4.01 | 13.92 | 16.91 | 0.20 | 5.26 | -16.67 | 22.72 | -12.18 | -14.46 | 457.71 | -3.29 | 23.12 | 77.05 | -5.18 | 10.88 | 403.38 | -3.47 | 22.67 |
| 19Q4 (4) | 3.52 | 4.14 | 0.0 | 0.19 | -29.63 | 0.0 | 25.87 | -3.83 | 0.0 | 473.26 | 42.19 | 0.0 | 81.26 | 32.56 | 0.0 | 417.86 | 40.01 | 0.0 |
| 19Q3 (3) | 3.38 | -25.06 | 0.0 | 0.27 | 0.0 | 0.0 | 26.90 | 33.3 | 0.0 | 332.84 | -0.04 | 0.0 | 61.30 | 5.11 | 0.0 | 298.44 | 1.22 | 0.0 |
| 19Q2 (2) | 4.51 | 31.49 | 0.0 | 0.27 | 12.5 | 0.0 | 20.18 | -24.02 | 0.0 | 332.98 | -10.43 | 0.0 | 58.32 | -16.07 | 0.0 | 294.84 | -10.34 | 0.0 |
| 19Q1 (1) | 3.43 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 26.56 | 0.0 | 0.0 | 371.76 | 0.0 | 0.0 | 69.49 | 0.0 | 0.0 | 328.83 | 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) | 14.68 | 0.75 | 3.33 | 12.88 | 24.87 | -0.76 | 109.51 | -11.51 | 66.60 | 7.18 | 67.78 | -21.8 |
| 2022 (9) | 14.57 | -2.08 | 2.95 | 168.18 | 25.06 | 2.2 | 123.76 | -62.84 | 62.14 | 0.55 | 86.68 | -70.7 |
| 2021 (8) | 14.88 | 4.2 | 1.10 | 52.78 | 24.52 | -4.07 | 333.06 | -34.68 | 61.80 | -10.3 | 295.79 | -36.6 |
| 2020 (7) | 14.28 | -2.53 | 0.72 | -25.0 | 25.56 | 2.57 | 509.91 | 34.62 | 68.90 | 1.07 | 466.57 | 39.05 |
| 2019 (6) | 14.65 | -63.87 | 0.96 | -30.94 | 24.92 | 176.89 | 378.78 | 43.85 | 68.17 | 19.87 | 335.53 | 55.73 |
| 2018 (5) | 40.55 | -64.36 | 1.39 | 8.59 | 9.00 | 180.37 | 263.31 | -7.99 | 56.87 | -11.4 | 215.45 | -4.33 |
| 2017 (4) | 113.79 | 295.38 | 1.28 | 0.79 | 3.21 | -74.68 | 286.17 | -0.56 | 64.19 | -0.03 | 225.19 | -4.69 |
| 2016 (3) | 28.78 | 14.98 | 1.27 | -32.8 | 12.68 | -13.03 | 287.79 | 48.87 | 64.21 | 8.59 | 236.27 | 58.83 |
| 2015 (2) | 25.03 | 6.87 | 1.89 | -40.38 | 14.58 | -6.42 | 193.31 | 67.98 | 59.13 | 2.71 | 148.76 | 103.53 |
| 2014 (1) | 23.42 | -87.83 | 3.17 | -6.76 | 15.58 | 720.0 | 115.08 | 7.05 | 57.57 | -1.89 | 73.09 | 44.13 |
