- 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) | 0.67 | 0.0 | 13.56 | 0.96 | 20.0 | 35.21 | 135.97 | 0.54 | -11.74 | 94.80 | -16.86 | -26.49 | 113.03 | -19.13 | -28.35 | 117.74 | 7.53 | -6.0 |
| 23Q3 (19) | 0.67 | -12.99 | -4.29 | 0.80 | -1.23 | -19.19 | 135.24 | 13.8 | 4.16 | 114.02 | 1.69 | 23.48 | 139.77 | 9.25 | 0.33 | 109.49 | 6.27 | 32.12 |
| 23Q2 (18) | 0.77 | 8.45 | 22.22 | 0.81 | 10.96 | -13.83 | 118.84 | -7.7 | -17.66 | 112.12 | -10.04 | 16.31 | 127.94 | 4.19 | -16.69 | 103.03 | -21.11 | 18.21 |
| 23Q1 (17) | 0.71 | 20.34 | 4.41 | 0.73 | 2.82 | -34.23 | 128.76 | -16.42 | -3.28 | 124.64 | -3.36 | 51.39 | 122.80 | -22.16 | -4.19 | 130.60 | 4.26 | 49.63 |
| 22Q4 (16) | 0.59 | -15.71 | -22.37 | 0.71 | -28.28 | -36.04 | 154.05 | 18.65 | 28.73 | 128.97 | 39.67 | 56.61 | 157.76 | 13.24 | 48.15 | 125.26 | 51.15 | 31.12 |
| 22Q3 (15) | 0.70 | 11.11 | 0.0 | 0.99 | 5.32 | 25.32 | 129.84 | -10.04 | -0.43 | 92.34 | -4.21 | -19.42 | 139.31 | -9.29 | -0.54 | 82.87 | -4.92 | -21.02 |
| 22Q2 (14) | 0.63 | -7.35 | -23.17 | 0.94 | -15.32 | 5.62 | 144.33 | 8.42 | 30.69 | 96.40 | 17.09 | -5.56 | 153.57 | 19.82 | 16.7 | 87.16 | -0.14 | 7.71 |
| 22Q1 (13) | 0.68 | -10.53 | 6.25 | 1.11 | 0.0 | 40.51 | 133.12 | 11.24 | -5.79 | 82.33 | -0.02 | -28.2 | 128.17 | 20.36 | -18.63 | 87.28 | -8.64 | -11.35 |
| 21Q4 (12) | 0.76 | 8.57 | 7.04 | 1.11 | 40.51 | 8.82 | 119.67 | -8.23 | -6.0 | 82.35 | -28.14 | -7.91 | 106.49 | -23.97 | -21.44 | 95.53 | -8.95 | 17.68 |
| 21Q3 (11) | 0.70 | -14.63 | 7.69 | 0.79 | -11.24 | -21.78 | 130.40 | 18.07 | -6.55 | 114.59 | 12.27 | 27.04 | 140.07 | 6.44 | -2.04 | 104.92 | 29.66 | 20.93 |
| 21Q2 (10) | 0.82 | 28.12 | -1.2 | 0.89 | 12.66 | -29.92 | 110.44 | -21.84 | 0.49 | 102.07 | -10.99 | 42.52 | 131.59 | -16.46 | 25.42 | 80.92 | -17.81 | 5.64 |
| 21Q1 (9) | 0.64 | -9.86 | 6.67 | 0.79 | -22.55 | -10.23 | 141.30 | 10.99 | -7.3 | 114.67 | 28.24 | 10.47 | 157.52 | 16.21 | 11.99 | 98.45 | 21.27 | -14.81 |
| 20Q4 (8) | 0.71 | 9.23 | 7.58 | 1.02 | 0.99 | 0.99 | 127.31 | -8.76 | -8.22 | 89.42 | -0.86 | -0.51 | 135.55 | -5.2 | 13.1 | 81.18 | -6.43 | -25.34 |
| 20Q3 (7) | 0.65 | -21.69 | -9.72 | 1.01 | -20.47 | 1.0 | 139.54 | 26.97 | 10.05 | 90.20 | 25.94 | -0.85 | 142.99 | 36.28 | 26.33 | 86.76 | 13.26 | -17.04 |
| 20Q2 (6) | 0.83 | 38.33 | 29.69 | 1.27 | 44.32 | 53.01 | 109.90 | -27.9 | -22.64 | 71.62 | -31.0 | -34.69 | 104.92 | -25.4 | -20.47 | 76.60 | -33.71 | -36.06 |
| 20Q1 (5) | 0.60 | -9.09 | 1.69 | 0.88 | -12.87 | 4.76 | 152.42 | 9.88 | -1.35 | 103.80 | 15.49 | -3.72 | 140.65 | 17.36 | 4.96 | 115.56 | 6.27 | -9.94 |
| 19Q4 (4) | 0.66 | -8.33 | 0.0 | 1.01 | 1.0 | 0.0 | 138.71 | 9.39 | 0.0 | 89.88 | -1.2 | 0.0 | 119.85 | 5.88 | 0.0 | 108.74 | 3.98 | 0.0 |
| 19Q3 (3) | 0.72 | 12.5 | 0.0 | 1.00 | 20.48 | 0.0 | 126.80 | -10.74 | 0.0 | 90.97 | -17.05 | 0.0 | 113.19 | -14.2 | 0.0 | 104.58 | -12.7 | 0.0 |
| 19Q2 (2) | 0.64 | 8.47 | 0.0 | 0.83 | -1.19 | 0.0 | 142.06 | -8.05 | 0.0 | 109.67 | 1.73 | 0.0 | 131.92 | -1.55 | 0.0 | 119.80 | -6.64 | 0.0 |
| 19Q1 (1) | 0.59 | 0.0 | 0.0 | 0.84 | 0.0 | 0.0 | 154.50 | 0.0 | 0.0 | 107.81 | 0.0 | 0.0 | 134.00 | 0.0 | 0.0 | 128.32 | 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) | 2.98 | 1.02 | 3.49 | -10.05 | 122.31 | -1.07 | 104.73 | 11.33 | 111.59 | -1.89 | 115.45 | 11.05 |
| 2022 (9) | 2.95 | 4.61 | 3.88 | -8.49 | 123.63 | -4.41 | 94.07 | 9.22 | 113.74 | -9.11 | 103.96 | 15.1 |
| 2021 (8) | 2.82 | 2.55 | 4.24 | 13.07 | 129.33 | -2.58 | 86.13 | -11.48 | 125.14 | -9.28 | 90.32 | -1.95 |
| 2020 (7) | 2.75 | 7.84 | 3.75 | 1.9 | 132.76 | -7.25 | 97.30 | -1.98 | 137.94 | 5.37 | 92.12 | -17.38 |
| 2019 (6) | 2.55 | -15.56 | 3.68 | -9.8 | 143.14 | 18.49 | 99.27 | 10.87 | 130.91 | 14.11 | 111.50 | 16.61 |
| 2018 (5) | 3.02 | 12.27 | 4.08 | 19.3 | 120.80 | -11.08 | 89.54 | -16.04 | 114.72 | -20.74 | 95.62 | -2.22 |
| 2017 (4) | 2.69 | -28.46 | 3.42 | -34.73 | 135.86 | 39.93 | 106.65 | 53.12 | 144.73 | 50.13 | 97.79 | 39.04 |
| 2016 (3) | 3.76 | -7.16 | 5.24 | -17.61 | 97.09 | 7.65 | 69.65 | 21.4 | 96.40 | 31.21 | 70.33 | -5.07 |
| 2015 (2) | 4.05 | 3.85 | 6.36 | -5.36 | 90.19 | -3.58 | 57.37 | 5.61 | 73.47 | 5.97 | 74.09 | -5.67 |
| 2014 (1) | 3.90 | 5.41 | 6.72 | 11.44 | 93.54 | -5.17 | 54.32 | -10.3 | 69.33 | -5.18 | 78.54 | -8.76 |
