- 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) | 0.96 | -4.0 | -12.73 | 0.85 | -13.27 | -27.35 | 94.58 | 3.79 | 13.81 | 107.01 | 14.69 | 37.67 | 33.02 | -14.17 | -4.07 | 168.57 | 15.49 | 33.35 |
| 23Q3 (19) | 1.00 | -18.03 | -0.99 | 0.98 | -33.33 | 0.0 | 91.13 | 22.49 | 1.46 | 93.30 | 50.48 | 0.88 | 38.47 | 46.11 | 8.18 | 145.96 | 32.61 | -0.54 |
| 23Q2 (18) | 1.22 | 14.02 | 16.19 | 1.47 | 13.95 | 37.38 | 74.40 | -12.22 | -14.46 | 62.00 | -11.87 | -26.9 | 26.33 | -28.04 | -36.95 | 110.07 | -7.13 | -15.35 |
| 23Q1 (17) | 1.07 | -2.73 | 27.38 | 1.29 | 10.26 | 4.03 | 84.76 | 2.0 | -22.02 | 70.35 | -9.49 | -4.36 | 36.59 | 6.3 | -16.59 | 118.52 | -6.24 | -14.36 |
| 22Q4 (16) | 1.10 | 8.91 | 8.91 | 1.17 | 19.39 | -21.48 | 83.10 | -7.48 | -8.07 | 77.73 | -15.96 | 27.2 | 34.42 | -3.21 | -11.99 | 126.41 | -13.86 | 12.47 |
| 22Q3 (15) | 1.01 | -3.81 | -0.98 | 0.98 | -8.41 | -34.23 | 89.82 | 3.27 | 0.4 | 92.49 | 9.04 | 51.18 | 35.56 | -14.85 | -12.0 | 146.75 | 12.86 | 33.13 |
| 22Q2 (14) | 1.05 | 25.0 | -14.63 | 1.07 | -13.71 | -24.65 | 86.98 | -19.98 | 18.0 | 84.82 | 15.31 | 32.02 | 41.76 | -4.81 | -10.39 | 130.03 | -6.04 | 42.33 |
| 22Q1 (13) | 0.84 | -16.83 | -4.55 | 1.24 | -16.78 | -20.0 | 108.70 | 20.26 | 4.76 | 73.56 | 20.37 | 25.23 | 43.87 | 12.17 | -6.84 | 138.39 | 23.13 | 19.91 |
| 21Q4 (12) | 1.01 | -0.98 | 3.06 | 1.49 | 0.0 | 23.14 | 90.39 | 1.04 | -2.37 | 61.11 | -0.11 | -18.62 | 39.11 | -3.22 | 22.22 | 112.39 | 1.96 | -17.16 |
| 21Q3 (11) | 1.02 | -17.07 | 13.33 | 1.49 | 4.93 | 96.05 | 89.46 | 21.37 | -11.56 | 61.18 | -4.78 | -49.1 | 40.41 | -13.28 | 28.08 | 110.23 | 20.65 | -41.93 |
| 21Q2 (10) | 1.23 | 39.77 | 13.89 | 1.42 | -8.39 | 105.8 | 73.71 | -28.96 | -12.42 | 64.25 | 9.38 | -51.05 | 46.60 | -1.04 | 40.36 | 91.36 | -20.84 | -49.86 |
| 21Q1 (9) | 0.88 | -10.2 | 11.39 | 1.55 | 28.1 | 154.1 | 103.76 | 12.08 | -9.95 | 58.74 | -21.77 | -60.59 | 47.09 | 47.16 | 0.66 | 115.41 | -14.93 | -46.94 |
| 20Q4 (8) | 0.98 | 8.89 | -4.85 | 1.21 | 59.21 | 16.35 | 92.58 | -8.47 | 4.67 | 75.09 | -37.53 | -14.02 | 32.00 | 1.43 | -5.02 | 135.67 | -28.52 | -4.52 |
| 20Q3 (7) | 0.90 | -16.67 | 5.88 | 0.76 | 10.14 | -41.09 | 101.15 | 20.19 | -5.1 | 120.20 | -8.43 | 69.94 | 31.55 | -4.97 | 14.64 | 189.81 | 4.17 | 26.71 |
| 20Q2 (6) | 1.08 | 36.71 | 40.26 | 0.69 | 13.11 | -56.6 | 84.16 | -26.96 | -28.35 | 131.26 | -11.94 | 129.52 | 33.20 | -29.03 | 120.6 | 182.22 | -16.22 | 14.17 |
| 20Q1 (5) | 0.79 | -23.3 | 5.33 | 0.61 | -41.35 | -61.15 | 115.23 | 30.28 | -4.98 | 149.05 | 70.67 | 156.32 | 46.78 | 38.85 | 150.97 | 217.50 | 53.07 | 35.28 |
| 19Q4 (4) | 1.03 | 21.18 | 0.0 | 1.04 | -19.38 | 0.0 | 88.45 | -17.02 | 0.0 | 87.33 | 23.47 | 0.0 | 33.69 | 22.42 | 0.0 | 142.09 | -5.15 | 0.0 |
| 19Q3 (3) | 0.85 | 10.39 | 0.0 | 1.29 | -18.87 | 0.0 | 106.59 | -9.25 | 0.0 | 70.73 | 23.68 | 0.0 | 27.52 | 82.86 | 0.0 | 149.80 | -6.14 | 0.0 |
| 19Q2 (2) | 0.77 | 2.67 | 0.0 | 1.59 | 1.27 | 0.0 | 117.46 | -3.14 | 0.0 | 57.19 | -1.65 | 0.0 | 15.05 | -19.26 | 0.0 | 159.60 | -0.73 | 0.0 |
| 19Q1 (1) | 0.75 | 0.0 | 0.0 | 1.57 | 0.0 | 0.0 | 121.27 | 0.0 | 0.0 | 58.15 | 0.0 | 0.0 | 18.64 | 0.0 | 0.0 | 160.78 | 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) | 3.83 | 1.59 | 4.04 | -15.48 | 95.31 | -1.44 | 90.37 | 18.32 | 33.91 | -27.45 | 151.77 | 20.14 |
| 2022 (9) | 3.77 | -7.82 | 4.78 | -28.87 | 96.70 | 8.26 | 76.38 | 40.71 | 46.74 | 19.94 | 126.33 | 20.75 |
| 2021 (8) | 4.09 | 17.87 | 6.72 | 65.52 | 89.32 | -15.15 | 54.28 | -39.63 | 38.97 | -12.56 | 104.62 | -30.54 |
| 2020 (7) | 3.47 | -0.86 | 4.06 | -34.94 | 105.27 | 1.06 | 89.91 | 53.69 | 44.57 | 63.74 | 150.61 | 11.19 |
| 2019 (6) | 3.50 | 3.24 | 6.24 | -24.18 | 104.17 | -3.35 | 58.50 | 31.99 | 27.22 | 25.79 | 135.45 | 3.82 |
| 2018 (5) | 3.39 | 10.06 | 8.23 | 36.94 | 107.78 | -9.07 | 44.32 | -27.05 | 21.64 | 41.35 | 130.47 | -20.44 |
| 2017 (4) | 3.08 | 36.89 | 6.01 | 49.5 | 118.53 | -26.81 | 60.75 | -33.01 | 15.31 | -72.33 | 163.98 | -16.89 |
| 2016 (3) | 2.25 | -30.98 | 4.02 | -33.22 | 161.95 | 44.57 | 90.69 | 49.63 | 55.33 | 51.55 | 197.31 | 44.94 |
| 2015 (2) | 3.26 | 2.84 | 6.02 | -0.5 | 112.02 | -2.84 | 60.61 | 0.48 | 36.51 | -1.7 | 136.13 | -1.7 |
| 2014 (1) | 3.17 | -11.7 | 6.05 | -23.13 | 115.30 | 13.55 | 60.32 | 30.0 | 37.14 | -18.28 | 138.49 | 35.14 |
