- 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) | 0.98 | -26.87 | 1.03 | 0.89 | -5.32 | -28.23 | 92.80 | 36.61 | -1.43 | 101.92 | 5.23 | 38.42 | 105.15 | 17.62 | 51.29 | 89.57 | 18.82 | -8.86 |
| 23Q3 (19) | 1.34 | 71.79 | 6.35 | 0.94 | 74.07 | -24.8 | 67.93 | -41.81 | -5.65 | 96.85 | -43.02 | 32.98 | 89.40 | -31.99 | 36.01 | 75.38 | -51.44 | -4.7 |
| 23Q2 (18) | 0.78 | 34.48 | -37.6 | 0.54 | -19.4 | -50.46 | 116.73 | -25.99 | 59.75 | 169.97 | 24.24 | 103.36 | 131.46 | 14.74 | 72.97 | 155.24 | -13.74 | 92.49 |
| 23Q1 (17) | 0.58 | -40.21 | -30.12 | 0.67 | -45.97 | -39.09 | 157.72 | 67.52 | 44.34 | 136.81 | 85.81 | 65.69 | 114.57 | 64.85 | 26.96 | 179.97 | 83.12 | 77.15 |
| 22Q4 (16) | 0.97 | -23.02 | -6.73 | 1.24 | -0.8 | -24.85 | 94.15 | 30.76 | 7.95 | 73.63 | 1.1 | 33.78 | 69.50 | 5.74 | 14.99 | 98.28 | 24.25 | 20.12 |
| 22Q3 (15) | 1.26 | 0.8 | 27.27 | 1.25 | 14.68 | -10.07 | 72.00 | -1.46 | -22.03 | 72.83 | -12.86 | 11.62 | 65.73 | -13.51 | -12.36 | 79.10 | -1.92 | -4.23 |
| 22Q2 (14) | 1.25 | 50.6 | 32.98 | 1.09 | -0.91 | -32.3 | 73.07 | -33.13 | -24.13 | 83.58 | 1.22 | 47.77 | 76.00 | -15.78 | -7.8 | 80.65 | -20.61 | 14.49 |
| 22Q1 (13) | 0.83 | -20.19 | -4.6 | 1.10 | -33.33 | -39.23 | 109.27 | 25.28 | 4.22 | 82.57 | 50.02 | 64.48 | 90.24 | 49.31 | 8.11 | 101.59 | 24.16 | 41.93 |
| 21Q4 (12) | 1.04 | 5.05 | -2.8 | 1.65 | 18.71 | -23.61 | 87.22 | -5.54 | 2.25 | 55.04 | -15.65 | 30.46 | 60.44 | -19.41 | -12.09 | 81.82 | -0.93 | 39.29 |
| 21Q3 (11) | 0.99 | 5.32 | -4.81 | 1.39 | -13.66 | -28.72 | 92.34 | -4.12 | 5.96 | 65.25 | 15.36 | 39.63 | 75.00 | -9.01 | 0.83 | 82.59 | 17.25 | 38.83 |
| 21Q2 (10) | 0.94 | 8.05 | -18.26 | 1.61 | -11.05 | -13.44 | 96.31 | -8.14 | 21.24 | 56.56 | 12.67 | 15.85 | 82.43 | -1.25 | 16.0 | 70.44 | -1.59 | 23.15 |
| 21Q1 (9) | 0.87 | -18.69 | 16.0 | 1.81 | -16.2 | 37.12 | 104.85 | 22.92 | -13.67 | 50.20 | 18.99 | -27.18 | 83.47 | 21.41 | -11.64 | 71.58 | 21.86 | -25.38 |
| 20Q4 (8) | 1.07 | 2.88 | 16.3 | 2.16 | 10.77 | 28.57 | 85.30 | -2.12 | -14.22 | 42.19 | -9.72 | -21.9 | 68.75 | -7.57 | -5.89 | 58.74 | -1.26 | -26.96 |
| 20Q3 (7) | 1.04 | -9.57 | -1.89 | 1.95 | 4.84 | 18.9 | 87.15 | 9.71 | 1.95 | 46.73 | -4.28 | -15.62 | 74.38 | 4.67 | 15.25 | 59.49 | 4.0 | -22.05 |
| 20Q2 (6) | 1.15 | 53.33 | 29.21 | 1.86 | 40.91 | 17.72 | 79.44 | -34.59 | -22.13 | 48.82 | -29.18 | -15.2 | 71.06 | -24.78 | 24.19 | 57.20 | -40.37 | -44.13 |
| 20Q1 (5) | 0.75 | -18.48 | 7.14 | 1.32 | -21.43 | -16.98 | 121.45 | 22.13 | -6.63 | 68.94 | 27.62 | 20.5 | 94.47 | 29.32 | 45.0 | 95.92 | 19.27 | -21.47 |
| 19Q4 (4) | 0.92 | -13.21 | 0.0 | 1.68 | 2.44 | 0.0 | 99.44 | 16.33 | 0.0 | 54.02 | -2.46 | 0.0 | 73.05 | 13.19 | 0.0 | 80.42 | 5.37 | 0.0 |
| 19Q3 (3) | 1.06 | 19.1 | 0.0 | 1.64 | 3.8 | 0.0 | 85.48 | -16.21 | 0.0 | 55.38 | -3.8 | 0.0 | 64.54 | 12.79 | 0.0 | 76.32 | -25.45 | 0.0 |
| 19Q2 (2) | 0.89 | 27.14 | 0.0 | 1.58 | -0.63 | 0.0 | 102.02 | -21.57 | 0.0 | 57.57 | 0.63 | 0.0 | 57.22 | -12.17 | 0.0 | 102.38 | -16.18 | 0.0 |
| 19Q1 (1) | 0.70 | 0.0 | 0.0 | 1.59 | 0.0 | 0.0 | 130.08 | 0.0 | 0.0 | 57.21 | 0.0 | 0.0 | 65.15 | 0.0 | 0.0 | 122.14 | 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) | 2.59 | -32.02 | 3.74 | -42.11 | 141.15 | 47.2 | 97.60 | 72.62 | 92.68 | 61.41 | 146.08 | 53.75 |
| 2022 (9) | 3.81 | 15.11 | 6.46 | -10.4 | 95.89 | -12.99 | 56.54 | 11.67 | 57.42 | -22.26 | 95.01 | 9.22 |
| 2021 (8) | 3.31 | -3.5 | 7.21 | -6.12 | 110.21 | 3.45 | 50.63 | 6.52 | 73.86 | -0.73 | 86.99 | 9.2 |
| 2020 (7) | 3.43 | 22.06 | 7.68 | 20.94 | 106.53 | -18.03 | 47.53 | -17.37 | 74.40 | -3.71 | 79.66 | -27.72 |
| 2019 (6) | 2.81 | -11.64 | 6.35 | -20.53 | 129.96 | 13.34 | 57.52 | 25.86 | 77.27 | 14.8 | 110.21 | 18.45 |
| 2018 (5) | 3.18 | -10.67 | 7.99 | -0.75 | 114.66 | 11.77 | 45.70 | 0.77 | 67.31 | -10.29 | 93.04 | 27.61 |
| 2017 (4) | 3.56 | -43.49 | 8.05 | 6.62 | 102.59 | 76.97 | 45.35 | -6.19 | 75.03 | 11.25 | 72.91 | 87.57 |
| 2016 (3) | 6.30 | -45.74 | 7.55 | 13.36 | 57.97 | 84.44 | 48.34 | -11.85 | 67.44 | 6.89 | 38.87 | 67.69 |
| 2015 (2) | 11.61 | 9.53 | 6.66 | 9.36 | 31.43 | -8.71 | 54.84 | -8.48 | 63.09 | -6.0 | 23.18 | -14.84 |
| 2014 (1) | 10.60 | 26.04 | 6.09 | -7.31 | 34.43 | -20.69 | 59.92 | 7.83 | 67.12 | 5.57 | 27.22 | -23.11 |
