- 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) | 2.68 | -8.22 | -20.71 | 0.92 | 50.82 | 61.4 | 33.97 | 9.16 | 26.33 | 98.62 | -33.45 | -38.31 | 15.28 | -33.77 | -30.32 | 117.31 | -24.92 | -28.83 |
| 23Q3 (19) | 2.92 | -7.89 | 0.0 | 0.61 | 17.31 | 12.96 | 31.12 | 8.28 | -0.13 | 148.19 | -14.76 | -11.88 | 23.07 | -13.17 | -24.51 | 156.24 | -11.25 | -7.42 |
| 23Q2 (18) | 3.17 | 20.99 | 8.93 | 0.52 | 20.93 | -14.75 | 28.74 | -17.41 | -8.12 | 173.86 | -18.33 | 17.38 | 26.57 | -20.4 | -40.98 | 176.04 | -17.85 | 31.0 |
| 23Q1 (17) | 2.62 | -22.49 | -5.07 | 0.43 | -24.56 | -45.57 | 34.80 | 29.42 | 5.61 | 212.88 | 33.16 | 85.23 | 33.38 | 52.21 | -29.05 | 214.30 | 30.01 | 112.54 |
| 22Q4 (16) | 3.38 | 15.75 | -1.74 | 0.57 | 5.56 | -55.12 | 26.89 | -13.7 | 1.74 | 159.87 | -4.94 | 122.29 | 21.93 | -28.24 | -49.84 | 164.83 | -2.33 | 201.72 |
| 22Q3 (15) | 2.92 | 0.34 | -14.62 | 0.54 | -11.48 | -68.6 | 31.16 | -0.38 | 17.19 | 168.17 | 13.54 | 218.5 | 30.56 | -32.12 | -24.9 | 168.77 | 25.59 | 336.1 |
| 22Q2 (14) | 2.91 | 5.43 | -2.35 | 0.61 | -22.78 | -74.79 | 31.28 | -5.07 | 2.49 | 148.12 | 28.88 | 293.83 | 45.02 | -4.31 | 66.93 | 134.38 | 33.27 | 226.48 |
| 22Q1 (13) | 2.76 | -19.77 | -4.5 | 0.79 | -37.8 | -55.62 | 32.95 | 24.67 | 4.64 | 114.93 | 59.8 | 125.13 | 47.05 | 7.62 | 48.33 | 100.83 | 84.57 | 98.41 |
| 21Q4 (12) | 3.44 | 0.58 | 29.81 | 1.27 | -26.16 | -21.12 | 26.43 | -0.6 | -22.92 | 71.92 | 36.21 | 27.47 | 43.72 | 7.45 | 4.42 | 54.63 | 41.16 | 11.86 |
| 21Q3 (11) | 3.42 | 14.77 | 63.64 | 1.72 | -28.93 | 12.42 | 26.59 | -12.88 | -39.01 | 52.80 | 40.39 | -11.32 | 40.69 | 50.87 | -17.93 | 38.70 | -5.98 | -27.74 |
| 21Q2 (10) | 2.98 | 3.11 | 23.14 | 2.42 | 35.96 | 49.38 | 30.52 | -3.08 | -18.98 | 37.61 | -26.33 | -33.23 | 26.97 | -14.97 | -11.49 | 41.16 | -19.01 | -35.22 |
| 21Q1 (9) | 2.89 | 9.06 | 64.2 | 1.78 | 10.56 | 93.48 | 31.49 | -8.17 | -39.13 | 51.05 | -9.52 | -48.53 | 31.72 | -24.24 | -14.62 | 50.82 | 4.05 | -55.33 |
| 20Q4 (8) | 2.65 | 26.79 | 23.83 | 1.61 | 5.23 | 31.97 | 34.29 | -21.35 | -19.53 | 56.42 | -5.24 | -24.58 | 41.87 | -15.55 | 43.29 | 48.84 | -8.81 | -44.63 |
| 20Q3 (7) | 2.09 | -13.64 | 16.11 | 1.53 | -5.56 | 30.77 | 43.60 | 15.74 | -13.97 | 59.54 | 5.7 | -23.72 | 49.58 | 62.72 | 31.2 | 53.56 | -15.71 | -41.1 |
| 20Q2 (6) | 2.42 | 37.5 | 26.04 | 1.62 | 76.09 | 39.66 | 37.67 | -27.18 | -20.44 | 56.33 | -43.2 | -28.4 | 30.47 | -17.98 | -17.0 | 63.54 | -44.15 | -28.86 |
| 20Q1 (5) | 1.76 | -17.76 | -6.38 | 0.92 | -24.59 | -8.91 | 51.73 | 21.4 | 6.95 | 99.18 | 32.58 | 10.14 | 37.15 | 27.14 | 4.06 | 113.76 | 28.98 | 10.75 |
| 19Q4 (4) | 2.14 | 18.89 | 0.0 | 1.22 | 4.27 | 0.0 | 42.61 | -15.92 | 0.0 | 74.81 | -4.15 | 0.0 | 29.22 | -22.68 | 0.0 | 88.20 | -3.01 | 0.0 |
| 19Q3 (3) | 1.80 | -6.25 | 0.0 | 1.17 | 0.86 | 0.0 | 50.68 | 7.03 | 0.0 | 78.05 | -0.79 | 0.0 | 37.79 | 2.94 | 0.0 | 90.94 | 1.81 | 0.0 |
| 19Q2 (2) | 1.92 | 2.13 | 0.0 | 1.16 | 14.85 | 0.0 | 47.35 | -2.11 | 0.0 | 78.67 | -12.64 | 0.0 | 36.71 | 2.83 | 0.0 | 89.32 | -13.05 | 0.0 |
| 19Q1 (1) | 1.88 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | 48.37 | 0.0 | 0.0 | 90.05 | 0.0 | 0.0 | 35.70 | 0.0 | 0.0 | 102.72 | 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) | 9.05 | -23.17 | 2.48 | -18.42 | 40.32 | 30.15 | 147.29 | 22.8 | 24.65 | -31.58 | 162.97 | 41.85 |
| 2022 (9) | 11.78 | -2.4 | 3.04 | -41.09 | 30.98 | 2.48 | 119.94 | 69.43 | 36.03 | -2.41 | 114.89 | 79.24 |
| 2021 (8) | 12.07 | 27.05 | 5.16 | 0.0 | 30.23 | -21.34 | 70.79 | 0.08 | 36.92 | 9.43 | 64.10 | -15.02 |
| 2020 (7) | 9.50 | 6.15 | 5.16 | 1.38 | 38.43 | -5.74 | 70.73 | -1.39 | 33.74 | 22.07 | 75.43 | -11.11 |
| 2019 (6) | 8.95 | 25.35 | 5.09 | 14.38 | 40.77 | -20.31 | 71.73 | -12.55 | 27.64 | 5.06 | 84.86 | -20.6 |
| 2018 (5) | 7.14 | -7.15 | 4.45 | -23.28 | 51.16 | 7.73 | 82.02 | 30.29 | 26.31 | 34.99 | 106.87 | 17.5 |
| 2017 (4) | 7.69 | 11.61 | 5.80 | 9.02 | 47.49 | -10.4 | 62.95 | -8.24 | 19.49 | -26.34 | 90.95 | -4.41 |
| 2016 (3) | 6.89 | -14.73 | 5.32 | 9.02 | 53.00 | 17.28 | 68.60 | -8.23 | 26.46 | 16.82 | 95.15 | -2.2 |
| 2015 (2) | 8.08 | -2.06 | 4.88 | 29.1 | 45.19 | 2.17 | 74.75 | -22.6 | 22.65 | -18.58 | 97.29 | -13.9 |
| 2014 (1) | 8.25 | -25.68 | 3.78 | 8.62 | 44.23 | 34.56 | 96.57 | -7.81 | 27.82 | 39.59 | 112.99 | -3.99 |
