- 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) | 1.88 | 3.3 | 29.66 | 0.99 | 17.86 | 125.0 | 48.33 | -3.57 | -22.99 | 91.86 | -15.39 | -55.33 | 55.66 | 5.0 | -0.75 | 84.53 | -20.01 | -60.19 |
| 23Q3 (19) | 1.82 | 6.43 | 35.82 | 0.84 | 10.53 | 52.73 | 50.12 | -5.59 | -26.4 | 108.57 | -9.66 | -33.79 | 53.01 | 30.53 | -7.49 | 105.68 | -20.34 | -39.53 |
| 23Q2 (18) | 1.71 | 10.32 | 7.55 | 0.76 | 43.4 | 15.15 | 53.09 | -9.59 | -7.22 | 120.18 | -29.97 | -12.27 | 40.61 | -5.69 | -30.24 | 132.66 | -29.16 | -2.46 |
| 23Q1 (17) | 1.55 | 6.9 | 7.64 | 0.53 | 20.45 | -14.52 | 58.72 | -6.44 | -7.18 | 171.60 | -16.55 | 16.26 | 43.06 | -23.22 | -48.0 | 187.27 | -11.79 | 46.25 |
| 22Q4 (16) | 1.45 | 8.21 | 3.57 | 0.44 | -20.0 | -45.68 | 62.76 | -7.84 | -3.22 | 205.63 | 25.41 | 82.25 | 56.08 | -2.13 | -27.21 | 212.31 | 21.49 | 110.96 |
| 22Q3 (15) | 1.34 | -15.72 | -22.54 | 0.55 | -16.67 | -54.92 | 68.10 | 19.01 | 29.12 | 163.97 | 19.69 | 120.36 | 57.30 | -1.56 | 3.69 | 174.76 | 28.5 | 143.09 |
| 22Q2 (14) | 1.59 | 10.42 | -12.15 | 0.66 | 6.45 | -51.47 | 57.22 | -9.55 | 13.69 | 136.99 | -7.19 | 104.89 | 58.21 | -29.7 | 13.36 | 136.00 | 6.21 | 106.59 |
| 22Q1 (13) | 1.44 | 2.86 | -7.1 | 0.62 | -23.46 | -49.59 | 63.26 | -2.45 | 7.62 | 147.60 | 30.82 | 99.46 | 82.80 | 7.48 | 51.12 | 128.05 | 27.24 | 64.17 |
| 21Q4 (12) | 1.40 | -19.08 | -24.73 | 0.81 | -33.61 | -38.17 | 64.85 | 22.96 | 32.7 | 112.83 | 51.63 | 62.18 | 77.04 | 39.41 | 70.18 | 100.64 | 39.99 | 37.54 |
| 21Q3 (11) | 1.73 | -4.42 | -16.83 | 1.22 | -10.29 | 15.09 | 52.74 | 4.79 | 20.52 | 74.41 | 11.29 | -13.23 | 55.26 | 7.61 | 18.61 | 71.89 | 9.21 | -13.31 |
| 21Q2 (10) | 1.81 | 16.77 | -6.7 | 1.36 | 10.57 | 51.11 | 50.33 | -14.38 | 7.41 | 66.86 | -9.65 | -33.86 | 51.35 | -6.28 | -8.12 | 65.83 | -15.6 | -28.49 |
| 21Q1 (9) | 1.55 | -16.67 | -20.51 | 1.23 | -6.11 | 30.85 | 58.78 | 20.28 | 25.92 | 74.00 | 6.37 | -23.77 | 54.79 | 21.03 | -9.75 | 78.00 | 6.6 | -6.06 |
| 20Q4 (8) | 1.86 | -10.58 | -13.49 | 1.31 | 23.58 | 7.38 | 48.87 | 11.68 | 15.56 | 69.57 | -18.88 | -6.87 | 45.27 | -2.83 | -10.67 | 73.17 | -11.77 | 10.35 |
| 20Q3 (7) | 2.08 | 7.22 | -1.42 | 1.06 | 17.78 | -7.83 | 43.76 | -6.62 | 1.6 | 85.76 | -15.16 | 8.8 | 46.59 | -16.64 | -4.78 | 82.93 | -9.92 | 13.67 |
| 20Q2 (6) | 1.94 | -0.51 | -12.61 | 0.90 | -4.26 | -3.23 | 46.86 | 0.39 | 14.24 | 101.09 | 4.14 | 3.2 | 55.89 | -7.94 | 18.19 | 92.06 | 10.88 | 0.4 |
| 20Q1 (5) | 1.95 | -9.3 | 30.0 | 0.94 | -22.95 | 38.24 | 46.68 | 10.38 | -23.29 | 97.07 | 29.95 | -27.0 | 60.71 | 19.79 | 2.02 | 83.03 | 25.21 | -38.18 |
| 19Q4 (4) | 2.15 | 1.9 | 0.0 | 1.22 | 6.09 | 0.0 | 42.29 | -1.81 | 0.0 | 74.70 | -5.23 | 0.0 | 50.68 | 3.58 | 0.0 | 66.31 | -9.11 | 0.0 |
| 19Q3 (3) | 2.11 | -4.95 | 0.0 | 1.15 | 23.66 | 0.0 | 43.07 | 5.0 | 0.0 | 78.82 | -19.54 | 0.0 | 48.93 | 3.47 | 0.0 | 72.96 | -20.43 | 0.0 |
| 19Q2 (2) | 2.22 | 48.0 | 0.0 | 0.93 | 36.76 | 0.0 | 41.02 | -32.59 | 0.0 | 97.96 | -26.33 | 0.0 | 47.29 | -20.53 | 0.0 | 91.69 | -31.74 | 0.0 |
| 19Q1 (1) | 1.50 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | 60.85 | 0.0 | 0.0 | 132.98 | 0.0 | 0.0 | 59.51 | 0.0 | 0.0 | 134.32 | 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) | 7.38 | 12.84 | 2.97 | 25.32 | 49.48 | -11.29 | 122.87 | -20.38 | 50.22 | -29.0 | 122.13 | -12.38 |
| 2022 (9) | 6.54 | -9.54 | 2.37 | -43.03 | 55.78 | 10.52 | 154.33 | 75.95 | 70.73 | 16.58 | 139.38 | 79.8 |
| 2021 (8) | 7.23 | -0.55 | 4.16 | -12.24 | 50.47 | 0.48 | 87.71 | 13.91 | 60.67 | 12.83 | 77.52 | 5.53 |
| 2020 (7) | 7.27 | -9.24 | 4.74 | 19.7 | 50.23 | 10.27 | 77.00 | -16.41 | 53.77 | 0.73 | 73.46 | -12.86 |
| 2019 (6) | 8.01 | 16.42 | 3.96 | 2.06 | 45.55 | -14.2 | 92.12 | -1.97 | 53.38 | 11.91 | 84.30 | -15.16 |
| 2018 (5) | 6.88 | 6.83 | 3.88 | 2.11 | 53.09 | -6.33 | 93.97 | -2.24 | 47.70 | -9.92 | 99.36 | -0.49 |
| 2017 (4) | 6.44 | 8.42 | 3.80 | -23.69 | 56.68 | -7.75 | 96.12 | 31.24 | 52.95 | 8.19 | 99.85 | 16.46 |
| 2016 (3) | 5.94 | 0.85 | 4.98 | -21.45 | 61.44 | -0.82 | 73.24 | 27.15 | 48.94 | 12.27 | 85.74 | 12.88 |
| 2015 (2) | 5.89 | -5.15 | 6.34 | 5.32 | 61.95 | 5.43 | 57.60 | -5.03 | 43.59 | -5.05 | 75.96 | 3.35 |
| 2014 (1) | 6.21 | -0.8 | 6.02 | -12.12 | 58.76 | 0.86 | 60.65 | 13.79 | 45.91 | 1.89 | 73.50 | 10.53 |
