- 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) | 1.59 | -7.02 | 12.77 | 0.19 | 18.75 | 26.67 | 57.11 | 7.37 | -11.4 | 490.14 | -15.47 | -19.09 | 57.99 | -20.32 | -46.19 | 489.25 | -12.67 | -13.02 |
| 23Q3 (19) | 1.71 | -9.04 | 36.8 | 0.16 | -5.88 | -11.11 | 53.19 | 9.87 | -27.19 | 579.83 | 11.4 | 13.17 | 72.78 | 28.47 | -25.05 | 560.24 | 9.37 | 14.73 |
| 23Q2 (18) | 1.88 | 13.25 | -5.53 | 0.17 | 13.33 | -19.05 | 48.41 | -11.47 | 5.7 | 520.49 | -16.3 | 19.88 | 56.65 | -38.56 | -37.89 | 512.25 | -12.34 | 31.77 |
| 23Q1 (17) | 1.66 | 17.73 | -57.65 | 0.15 | 0.0 | -16.67 | 54.68 | -15.17 | 135.69 | 621.86 | 2.65 | 21.64 | 92.21 | -14.43 | -4.28 | 584.33 | 3.88 | 33.38 |
| 22Q4 (16) | 1.41 | 12.8 | -50.87 | 0.15 | -16.67 | -31.82 | 64.46 | -11.76 | 102.96 | 605.81 | 18.24 | 47.89 | 107.76 | 10.97 | 56.36 | 562.51 | 15.2 | 51.02 |
| 22Q3 (15) | 1.25 | -37.19 | -32.43 | 0.18 | -14.29 | -5.26 | 73.05 | 59.5 | 48.17 | 512.36 | 18.01 | 7.77 | 97.11 | 6.47 | 29.0 | 488.30 | 25.6 | 8.65 |
| 22Q2 (14) | 1.99 | -49.23 | -56.83 | 0.21 | 16.67 | -12.5 | 45.80 | 97.41 | 132.02 | 434.17 | -15.07 | 14.54 | 91.21 | -5.32 | 43.14 | 388.76 | -11.26 | 16.02 |
| 22Q1 (13) | 3.92 | 36.59 | -21.29 | 0.18 | -18.18 | 0.0 | 23.20 | -26.95 | 27.05 | 511.22 | 24.8 | 2.05 | 96.33 | 39.77 | 32.14 | 438.09 | 17.61 | -1.84 |
| 21Q4 (12) | 2.87 | 55.14 | -20.72 | 0.22 | 15.79 | 37.5 | 31.76 | -35.58 | 26.48 | 409.64 | -13.84 | -26.34 | 68.92 | -8.45 | -3.54 | 372.48 | -17.12 | -26.93 |
| 21Q3 (11) | 1.85 | -59.87 | -3.14 | 0.19 | -20.83 | 46.15 | 49.30 | 149.75 | 3.44 | 475.42 | 25.42 | -31.05 | 75.28 | 18.14 | -33.94 | 449.44 | 34.13 | -27.89 |
| 21Q2 (10) | 4.61 | -7.43 | 271.77 | 0.24 | 33.33 | 9.09 | 19.74 | 8.11 | -73.04 | 379.05 | -24.33 | -9.15 | 63.72 | -12.59 | 1.3 | 335.07 | -24.92 | -21.63 |
| 21Q1 (9) | 4.98 | 37.57 | 198.2 | 0.18 | 12.5 | 20.0 | 18.26 | -27.28 | -66.42 | 500.93 | -9.93 | -18.93 | 72.90 | 2.03 | 16.79 | 446.29 | -12.46 | -26.82 |
| 20Q4 (8) | 3.62 | 89.53 | 94.62 | 0.16 | 23.08 | 14.29 | 25.11 | -47.31 | -48.64 | 556.13 | -19.35 | -15.24 | 71.45 | -37.3 | 16.35 | 509.79 | -18.21 | -20.79 |
| 20Q3 (7) | 1.91 | 54.03 | 70.54 | 0.13 | -40.91 | 18.18 | 47.66 | -34.91 | -41.52 | 689.55 | 65.26 | -18.71 | 113.95 | 81.16 | 63.6 | 623.26 | 45.77 | -27.54 |
| 20Q2 (6) | 1.24 | -25.75 | 12.73 | 0.22 | 46.67 | 100.0 | 73.22 | 34.67 | -11.26 | 417.24 | -32.48 | -50.7 | 62.90 | 0.77 | -20.72 | 427.55 | -29.9 | -49.67 |
| 20Q1 (5) | 1.67 | -10.22 | 26.52 | 0.15 | 7.14 | 0.0 | 54.37 | 11.21 | -21.27 | 617.93 | -5.82 | 4.23 | 62.42 | 1.64 | -4.5 | 609.88 | -5.24 | 2.24 |
| 19Q4 (4) | 1.86 | 66.07 | 0.0 | 0.14 | 27.27 | 0.0 | 48.89 | -40.01 | 0.0 | 656.12 | -22.65 | 0.0 | 61.41 | -11.83 | 0.0 | 643.61 | -25.17 | 0.0 |
| 19Q3 (3) | 1.12 | 1.82 | 0.0 | 0.11 | 0.0 | 0.0 | 81.50 | -1.22 | 0.0 | 848.30 | 0.23 | 0.0 | 69.65 | -12.21 | 0.0 | 860.15 | 1.25 | 0.0 |
| 19Q2 (2) | 1.10 | -16.67 | 0.0 | 0.11 | -26.67 | 0.0 | 82.51 | 19.48 | 0.0 | 846.35 | 42.76 | 0.0 | 79.34 | 21.39 | 0.0 | 849.51 | 42.41 | 0.0 |
| 19Q1 (1) | 1.32 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | 69.06 | 0.0 | 0.0 | 592.84 | 0.0 | 0.0 | 65.36 | 0.0 | 0.0 | 596.54 | 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) | 6.08 | -24.66 | 0.66 | -5.71 | 60.08 | 32.89 | 550.03 | 4.76 | 85.75 | -14.94 | 524.36 | 11.7 |
| 2022 (9) | 8.07 | -42.44 | 0.70 | -15.66 | 45.21 | 73.62 | 525.06 | 19.42 | 100.81 | 51.21 | 469.45 | 17.64 |
| 2021 (8) | 14.02 | 52.39 | 0.83 | 27.69 | 26.04 | -34.39 | 439.69 | -21.12 | 66.67 | 12.83 | 399.05 | -25.83 |
| 2020 (7) | 9.20 | 76.25 | 0.65 | 27.45 | 39.69 | -43.2 | 557.40 | -22.7 | 59.09 | -17.09 | 538.00 | -25.25 |
| 2019 (6) | 5.22 | -31.85 | 0.51 | -21.54 | 69.88 | 46.56 | 721.12 | 28.5 | 71.27 | 12.91 | 719.73 | 31.88 |
| 2018 (5) | 7.66 | 61.26 | 0.65 | 6.56 | 47.68 | -37.93 | 561.18 | -6.54 | 63.12 | -13.3 | 545.73 | -9.72 |
| 2017 (4) | 4.75 | 12.83 | 0.61 | 22.0 | 76.82 | -11.49 | 600.47 | -18.45 | 72.80 | -12.02 | 604.48 | -18.36 |
| 2016 (3) | 4.21 | 13.17 | 0.50 | -25.37 | 86.79 | -11.53 | 736.35 | 35.24 | 82.75 | 13.46 | 740.40 | 29.97 |
| 2015 (2) | 3.72 | 20.39 | 0.67 | -8.22 | 98.10 | -16.93 | 544.48 | 8.5 | 72.93 | -2.34 | 569.65 | 4.48 |
| 2014 (1) | 3.09 | 15.3 | 0.73 | 10.61 | 118.09 | -13.31 | 501.83 | -9.06 | 74.68 | -3.0 | 545.23 | -10.78 |
