- 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) | 1.46 | -23.96 | -49.48 | 1.39 | 28.7 | 33.65 | 62.39 | 31.32 | 97.94 | 65.33 | -22.59 | -25.14 | 100.04 | -17.16 | -20.9 | 27.68 | 148.47 | 460.42 |
| 23Q3 (19) | 1.92 | -57.05 | -44.02 | 1.08 | -19.4 | -14.96 | 47.51 | 133.12 | 78.81 | 84.40 | 23.95 | 17.45 | 120.77 | 47.33 | 44.55 | 11.14 | 71.38 | -25.13 |
| 23Q2 (18) | 4.47 | 131.61 | 123.5 | 1.34 | 67.5 | 14.53 | 20.38 | -56.79 | -55.29 | 68.09 | -40.05 | -12.77 | 81.97 | -41.73 | 48.34 | 6.50 | -67.6 | -90.49 |
| 23Q1 (17) | 1.93 | -33.22 | 27.81 | 0.80 | -23.08 | -21.57 | 47.17 | 49.65 | -21.87 | 113.57 | 30.14 | 27.43 | 140.68 | 11.24 | 226.71 | 20.06 | 361.2 | -81.15 |
| 22Q4 (16) | 2.89 | -15.74 | 25.65 | 1.04 | -18.11 | -9.57 | 31.52 | 18.63 | -20.3 | 87.27 | 21.44 | 10.06 | 126.47 | 51.37 | 391.15 | -7.68 | -151.61 | -108.25 |
| 22Q3 (15) | 3.43 | 71.5 | 64.11 | 1.27 | 8.55 | 429.17 | 26.57 | -41.71 | -38.98 | 71.86 | -7.94 | -80.94 | 83.55 | 51.19 | -1.1 | 14.88 | -78.24 | -95.57 |
| 22Q2 (14) | 2.00 | 32.45 | -11.11 | 1.17 | 14.71 | 431.82 | 45.58 | -24.5 | 12.93 | 78.06 | -12.41 | -80.74 | 55.26 | 28.33 | -33.88 | 68.38 | -35.76 | -81.11 |
| 22Q1 (13) | 1.51 | -34.35 | -22.16 | 1.02 | -11.3 | 308.0 | 60.37 | 52.64 | 28.58 | 89.12 | 12.4 | -75.74 | 43.06 | 67.22 | -43.03 | 106.44 | 14.33 | -68.57 |
| 21Q4 (12) | 2.30 | 10.05 | 5.02 | 1.15 | 379.17 | 296.55 | 39.55 | -9.16 | -4.63 | 79.29 | -78.97 | -74.92 | 25.75 | -69.52 | -67.9 | 93.10 | -72.29 | -66.44 |
| 21Q3 (11) | 2.09 | -7.11 | 2.96 | 0.24 | 9.09 | -7.69 | 43.54 | 7.88 | -3.09 | 376.95 | -6.98 | 7.94 | 84.48 | 1.08 | -10.72 | 336.01 | -7.18 | 12.18 |
| 21Q2 (10) | 2.25 | 15.98 | 4.65 | 0.22 | -12.0 | -12.0 | 40.36 | -14.04 | -4.47 | 405.24 | 10.33 | 9.69 | 83.58 | 10.57 | 2.63 | 362.01 | 6.89 | 9.62 |
| 21Q1 (9) | 1.94 | -11.42 | 25.16 | 0.25 | -13.79 | 31.58 | 46.95 | 13.21 | -20.04 | 367.30 | 16.16 | -22.22 | 75.59 | -5.77 | -33.03 | 338.66 | 22.06 | -18.99 |
| 20Q4 (8) | 2.19 | 7.88 | -4.37 | 0.29 | 11.54 | -17.14 | 41.47 | -7.7 | 4.54 | 316.21 | -9.45 | 22.48 | 80.22 | -15.22 | 2.99 | 277.45 | -7.37 | 26.14 |
| 20Q3 (7) | 2.03 | -5.58 | 6.28 | 0.26 | 4.0 | 4.0 | 44.93 | 6.34 | -5.45 | 349.21 | -5.47 | -2.41 | 94.62 | 16.18 | -4.75 | 299.52 | -9.3 | -2.12 |
| 20Q2 (6) | 2.15 | 38.71 | 5.39 | 0.25 | 31.58 | -3.85 | 42.25 | -28.05 | -5.5 | 369.43 | -21.77 | 3.64 | 81.44 | -27.85 | 5.75 | 330.24 | -21.01 | 1.87 |
| 20Q1 (5) | 1.55 | -32.31 | -25.48 | 0.19 | -45.71 | -40.62 | 58.72 | 48.02 | 34.09 | 472.22 | 82.91 | 65.23 | 112.87 | 44.91 | 89.41 | 418.06 | 90.07 | 54.84 |
| 19Q4 (4) | 2.29 | 19.9 | 0.0 | 0.35 | 40.0 | 0.0 | 39.67 | -16.52 | 0.0 | 258.17 | -27.85 | 0.0 | 77.89 | -21.59 | 0.0 | 219.95 | -28.13 | 0.0 |
| 19Q3 (3) | 1.91 | -6.37 | 0.0 | 0.25 | -3.85 | 0.0 | 47.52 | 6.28 | 0.0 | 357.84 | 0.38 | 0.0 | 99.34 | 29.0 | 0.0 | 306.02 | -5.6 | 0.0 |
| 19Q2 (2) | 2.04 | -1.92 | 0.0 | 0.26 | -18.75 | 0.0 | 44.71 | 2.1 | 0.0 | 356.47 | 24.73 | 0.0 | 77.01 | 29.23 | 0.0 | 324.17 | 20.07 | 0.0 |
| 19Q1 (1) | 2.08 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 43.79 | 0.0 | 0.0 | 285.79 | 0.0 | 0.0 | 59.59 | 0.0 | 0.0 | 269.99 | 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) | 5.33 | 21.97 | 5.24 | 100.0 | 68.49 | -17.94 | 69.71 | -50.05 | 113.11 | 39.68 | 25.09 | -82.34 |
| 2022 (9) | 4.37 | -40.62 | 2.62 | 24.76 | 83.46 | 68.27 | 139.57 | -19.71 | 80.98 | 99.51 | 142.05 | -22.31 |
| 2021 (8) | 7.36 | 0.82 | 2.10 | 107.92 | 49.60 | -0.8 | 173.84 | -51.9 | 40.59 | -46.95 | 182.85 | -45.4 |
| 2020 (7) | 7.30 | -9.32 | 1.01 | -15.13 | 50.00 | 10.28 | 361.39 | 17.81 | 76.51 | 15.82 | 334.87 | 17.07 |
| 2019 (6) | 8.05 | 3.34 | 1.19 | 9.17 | 45.34 | -3.26 | 306.76 | -8.01 | 66.06 | -18.3 | 286.04 | -4.49 |
| 2018 (5) | 7.79 | -7.26 | 1.09 | -10.66 | 46.87 | 7.9 | 333.48 | 11.86 | 80.86 | 15.75 | 299.48 | 10.22 |
| 2017 (4) | 8.40 | -4.11 | 1.22 | 10.91 | 43.44 | 4.27 | 298.13 | -9.81 | 69.86 | 13.76 | 271.71 | -12.58 |
| 2016 (3) | 8.76 | 8.28 | 1.10 | -9.09 | 41.66 | -7.63 | 330.55 | 9.55 | 61.41 | 0.66 | 310.80 | 8.74 |
| 2015 (2) | 8.09 | 1.76 | 1.21 | -12.95 | 45.10 | -1.79 | 301.73 | 14.84 | 61.01 | -9.71 | 285.82 | 18.55 |
| 2014 (1) | 7.95 | -3.4 | 1.39 | -9.15 | 45.92 | 3.54 | 262.74 | 9.82 | 67.57 | -4.21 | 241.09 | 13.16 |
