- 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) | 4.13 | 8.12 | 30.28 | 0.67 | 4.69 | 34.0 | 22.01 | -7.48 | -23.36 | 136.00 | -4.44 | -24.92 | 39.11 | 10.01 | 25.55 | 118.91 | -8.93 | -33.46 |
| 23Q3 (19) | 3.82 | -15.3 | 53.41 | 0.64 | 4.92 | 12.28 | 23.79 | 17.89 | -34.88 | 142.32 | -4.19 | -10.43 | 35.55 | 47.45 | 12.75 | 130.57 | -9.71 | -20.34 |
| 23Q2 (18) | 4.51 | 33.43 | 63.41 | 0.61 | 29.79 | 1.67 | 20.18 | -25.15 | -38.9 | 148.54 | -22.83 | -1.52 | 24.11 | -22.92 | -33.47 | 144.61 | -23.15 | -2.05 |
| 23Q1 (17) | 3.38 | 6.62 | 43.22 | 0.47 | -6.0 | -21.67 | 26.96 | -6.13 | -29.99 | 192.49 | 6.27 | 26.7 | 31.28 | 0.42 | -27.73 | 188.17 | 5.29 | 27.87 |
| 22Q4 (16) | 3.17 | 27.31 | 5.67 | 0.50 | -12.28 | -23.08 | 28.72 | -21.38 | -5.21 | 181.14 | 14.0 | 28.9 | 31.15 | -1.21 | -32.91 | 178.71 | 9.04 | 43.66 |
| 22Q3 (15) | 2.49 | -9.78 | -22.67 | 0.57 | -5.0 | -12.31 | 36.53 | 10.6 | 29.4 | 158.90 | 5.35 | 14.15 | 31.53 | -13.0 | -32.58 | 163.90 | 11.02 | 35.82 |
| 22Q2 (14) | 2.76 | 16.95 | -8.61 | 0.60 | 0.0 | -9.09 | 33.03 | -14.23 | 9.52 | 150.83 | -0.72 | 9.92 | 36.24 | -16.27 | -20.25 | 147.63 | 0.32 | 21.06 |
| 22Q1 (13) | 2.36 | -21.33 | -20.81 | 0.60 | -7.69 | -14.29 | 38.51 | 27.1 | 25.97 | 151.93 | 8.11 | 16.64 | 43.28 | -6.78 | 1.72 | 147.16 | 18.3 | 24.43 |
| 21Q4 (12) | 3.00 | -6.83 | -16.9 | 0.65 | 0.0 | -19.75 | 30.30 | 7.33 | 20.29 | 140.53 | 0.96 | 24.75 | 46.43 | -0.73 | 25.93 | 124.40 | 3.09 | 23.19 |
| 21Q3 (11) | 3.22 | 6.62 | 0.0 | 0.65 | -1.52 | -4.41 | 28.23 | -6.4 | -0.14 | 139.20 | 1.44 | 4.32 | 46.77 | 2.93 | 2.93 | 120.67 | -1.05 | 3.79 |
| 21Q2 (10) | 3.02 | 1.34 | 15.27 | 0.66 | -5.71 | 1.54 | 30.16 | -1.34 | -13.16 | 137.22 | 5.35 | -2.4 | 45.44 | 6.79 | -11.47 | 121.95 | 3.11 | -1.65 |
| 21Q1 (9) | 2.98 | -17.45 | 15.5 | 0.70 | -13.58 | -5.41 | 30.57 | 21.36 | -13.28 | 130.25 | 15.62 | 5.73 | 42.55 | 15.41 | -12.68 | 118.27 | 17.12 | 7.8 |
| 20Q4 (8) | 3.61 | 12.11 | 21.14 | 0.81 | 19.12 | -7.95 | 25.19 | -10.89 | -17.38 | 112.65 | -15.57 | 8.94 | 36.87 | -18.86 | -12.82 | 100.98 | -13.14 | 10.23 |
| 20Q3 (7) | 3.22 | 22.9 | 2.55 | 0.68 | 4.62 | -19.05 | 28.27 | -18.6 | -2.35 | 133.43 | -5.1 | 23.63 | 45.44 | -11.47 | 11.35 | 116.26 | -6.24 | 21.02 |
| 20Q2 (6) | 2.62 | 1.55 | -4.73 | 0.65 | -12.16 | -9.72 | 34.73 | -1.48 | 4.89 | 140.60 | 14.13 | 10.92 | 51.33 | 5.34 | 28.74 | 124.00 | 13.03 | 3.33 |
| 20Q1 (5) | 2.58 | -13.42 | 0.0 | 0.74 | -15.91 | 4.23 | 35.25 | 15.61 | -0.11 | 123.19 | 19.13 | -3.95 | 48.73 | 15.23 | 38.95 | 109.71 | 19.76 | -14.6 |
| 19Q4 (4) | 2.98 | -5.1 | 0.0 | 0.88 | 4.76 | 0.0 | 30.49 | 5.32 | 0.0 | 103.41 | -4.19 | 0.0 | 42.29 | 3.63 | 0.0 | 91.61 | -4.64 | 0.0 |
| 19Q3 (3) | 3.14 | 14.18 | 0.0 | 0.84 | 16.67 | 0.0 | 28.95 | -12.56 | 0.0 | 107.93 | -14.85 | 0.0 | 40.81 | 2.36 | 0.0 | 96.07 | -19.94 | 0.0 |
| 19Q2 (2) | 2.75 | 6.59 | 0.0 | 0.72 | 1.41 | 0.0 | 33.11 | -6.18 | 0.0 | 126.76 | -1.16 | 0.0 | 39.87 | 13.69 | 0.0 | 120.00 | -6.59 | 0.0 |
| 19Q1 (1) | 2.58 | 0.0 | 0.0 | 0.71 | 0.0 | 0.0 | 35.29 | 0.0 | 0.0 | 128.25 | 0.0 | 0.0 | 35.07 | 0.0 | 0.0 | 128.47 | 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) | 15.34 | 52.03 | 2.35 | 4.44 | 23.80 | -34.2 | 155.41 | -4.15 | 35.11 | -17.66 | 144.11 | -7.43 |
| 2022 (9) | 10.09 | -8.36 | 2.25 | -16.67 | 36.17 | 9.14 | 162.14 | 19.82 | 42.64 | -3.11 | 155.68 | 25.08 |
| 2021 (8) | 11.01 | -4.26 | 2.70 | -10.89 | 33.14 | 4.38 | 135.32 | 12.32 | 44.01 | -0.25 | 124.46 | 15.12 |
| 2020 (7) | 11.50 | 2.95 | 3.03 | -5.02 | 31.75 | -2.88 | 120.48 | 5.17 | 44.12 | 9.45 | 108.11 | 1.09 |
| 2019 (6) | 11.17 | -4.04 | 3.19 | 2.57 | 32.69 | 4.27 | 114.56 | -2.42 | 40.31 | -5.88 | 106.94 | 0.96 |
| 2018 (5) | 11.64 | -10.74 | 3.11 | -6.33 | 31.35 | 12.0 | 117.40 | 6.93 | 42.83 | -5.58 | 105.92 | 14.61 |
| 2017 (4) | 13.04 | -15.32 | 3.32 | 0.3 | 27.99 | 18.15 | 109.79 | -0.29 | 45.36 | -6.28 | 92.42 | 8.22 |
| 2016 (3) | 15.40 | -10.93 | 3.31 | -9.32 | 23.69 | 12.22 | 110.11 | 10.22 | 48.40 | -14.09 | 85.40 | 32.06 |
| 2015 (2) | 17.29 | 16.9 | 3.65 | -25.05 | 21.11 | -14.5 | 99.90 | 33.38 | 56.34 | 26.27 | 64.67 | 17.67 |
| 2014 (1) | 14.79 | 19.95 | 4.87 | 8.46 | 24.69 | -16.59 | 74.90 | -7.84 | 44.62 | 0.88 | 54.96 | -17.51 |
