- 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) | 0.83 | -24.55 | 6.41 | 2.39 | -8.78 | 27.13 | 109.62 | 32.62 | -5.95 | 38.04 | 9.34 | -21.49 | 48.39 | 48.94 | 11.7 | 99.28 | 16.84 | -18.4 |
| 23Q3 (19) | 1.10 | 22.22 | -3.51 | 2.62 | 52.33 | 23.0 | 82.66 | -18.67 | 3.88 | 34.79 | -34.28 | -18.43 | 32.49 | -7.41 | 5.97 | 84.97 | -28.88 | -7.2 |
| 23Q2 (18) | 0.90 | 28.57 | 30.43 | 1.72 | 2.38 | 25.55 | 101.63 | -22.12 | -23.01 | 52.94 | -2.47 | -20.03 | 35.09 | -17.34 | -19.28 | 119.48 | -16.05 | -22.79 |
| 23Q1 (17) | 0.70 | -10.26 | -12.5 | 1.68 | -10.64 | -2.33 | 130.50 | 11.97 | 14.38 | 54.28 | 12.03 | 2.51 | 42.45 | -2.01 | 2.73 | 142.32 | 16.97 | 13.2 |
| 22Q4 (16) | 0.78 | -31.58 | -14.29 | 1.88 | -11.74 | 3.3 | 116.55 | 46.47 | 16.14 | 48.45 | 13.6 | -3.02 | 43.32 | 41.29 | 9.23 | 121.67 | 32.89 | 9.95 |
| 22Q3 (15) | 1.14 | 65.22 | 26.67 | 2.13 | 55.47 | 29.09 | 79.57 | -39.72 | -21.14 | 42.65 | -35.57 | -22.45 | 30.66 | -29.47 | -27.45 | 91.56 | -40.83 | -19.43 |
| 22Q2 (14) | 0.69 | -13.75 | -13.75 | 1.37 | -20.35 | -12.74 | 132.00 | 15.7 | 16.65 | 66.20 | 25.02 | 14.35 | 43.47 | 5.2 | -8.25 | 154.74 | 23.08 | 25.12 |
| 22Q1 (13) | 0.80 | -12.09 | 11.11 | 1.72 | -5.49 | -3.91 | 114.09 | 13.69 | -10.24 | 52.95 | 5.98 | 4.13 | 41.32 | 4.19 | -17.21 | 125.72 | 13.61 | -1.8 |
| 21Q4 (12) | 0.91 | 1.11 | 3.41 | 1.82 | 10.3 | -21.21 | 100.35 | -0.55 | -2.8 | 49.96 | -9.16 | 26.8 | 39.66 | -6.15 | -8.93 | 110.66 | -2.62 | 11.68 |
| 21Q3 (11) | 0.90 | 12.5 | -12.62 | 1.65 | 5.1 | -28.88 | 100.90 | -10.83 | 13.9 | 55.00 | -4.99 | 39.91 | 42.26 | -10.81 | 5.84 | 113.64 | -8.11 | 29.2 |
| 21Q2 (10) | 0.80 | 11.11 | -22.33 | 1.57 | -12.29 | -20.3 | 113.16 | -10.97 | 28.21 | 57.89 | 13.84 | 25.63 | 47.38 | -5.07 | 25.38 | 123.67 | -3.41 | 28.09 |
| 21Q1 (9) | 0.72 | -18.18 | 41.18 | 1.79 | -22.51 | 21.77 | 127.10 | 23.11 | -29.21 | 50.85 | 29.06 | -18.02 | 49.91 | 14.6 | -11.96 | 128.03 | 29.21 | -30.75 |
| 20Q4 (8) | 0.88 | -14.56 | 10.0 | 2.31 | -0.43 | 0.0 | 103.24 | 16.54 | -8.78 | 39.40 | 0.23 | -0.2 | 43.55 | 9.07 | 0.23 | 99.09 | 12.65 | -9.27 |
| 20Q3 (7) | 1.03 | 0.0 | -0.96 | 2.32 | 17.77 | 4.5 | 88.59 | 0.37 | 1.69 | 39.31 | -14.69 | -3.98 | 39.93 | 5.66 | 2.65 | 87.96 | -8.9 | -1.33 |
| 20Q2 (6) | 1.03 | 101.96 | 4.04 | 1.97 | 34.01 | 13.22 | 88.26 | -50.84 | -4.36 | 46.08 | -25.71 | -11.69 | 37.79 | -33.34 | -5.5 | 96.55 | -47.78 | -7.58 |
| 20Q1 (5) | 0.51 | -36.25 | -29.17 | 1.47 | -36.36 | 3.52 | 179.55 | 58.64 | 42.07 | 62.03 | 57.12 | -3.11 | 56.69 | 30.47 | 11.48 | 184.88 | 69.29 | 32.47 |
| 19Q4 (4) | 0.80 | -23.08 | 0.0 | 2.31 | 4.05 | 0.0 | 113.18 | 29.91 | 0.0 | 39.48 | -3.57 | 0.0 | 43.45 | 11.7 | 0.0 | 109.21 | 22.5 | 0.0 |
| 19Q3 (3) | 1.04 | 5.05 | 0.0 | 2.22 | 27.59 | 0.0 | 87.12 | -5.59 | 0.0 | 40.94 | -21.54 | 0.0 | 38.90 | -2.73 | 0.0 | 89.15 | -14.66 | 0.0 |
| 19Q2 (2) | 0.99 | 37.5 | 0.0 | 1.74 | 22.54 | 0.0 | 92.28 | -26.98 | 0.0 | 52.18 | -18.49 | 0.0 | 39.99 | -21.36 | 0.0 | 104.47 | -25.14 | 0.0 |
| 19Q1 (1) | 0.72 | 0.0 | 0.0 | 1.42 | 0.0 | 0.0 | 126.38 | 0.0 | 0.0 | 64.02 | 0.0 | 0.0 | 50.85 | 0.0 | 0.0 | 139.56 | 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) | 3.10 | -2.82 | 8.03 | 6.78 | 117.74 | 2.95 | 45.48 | -6.25 | 49.78 | 19.95 | 113.44 | -6.55 |
| 2022 (9) | 3.19 | 9.62 | 7.52 | 0.4 | 114.37 | -8.69 | 48.51 | -0.51 | 41.50 | -10.5 | 121.39 | -4.9 |
| 2021 (8) | 2.91 | 1.04 | 7.49 | -10.51 | 125.25 | -1.08 | 48.76 | 11.81 | 46.37 | -3.58 | 127.64 | 4.49 |
| 2020 (7) | 2.88 | -13.77 | 8.37 | 2.95 | 126.62 | 15.73 | 43.61 | -2.85 | 48.09 | 11.97 | 122.15 | 9.69 |
| 2019 (6) | 3.34 | 14.38 | 8.13 | 23.37 | 109.41 | -12.51 | 44.89 | -18.99 | 42.95 | -14.78 | 111.36 | -14.38 |
| 2018 (5) | 2.92 | -6.71 | 6.59 | -10.58 | 125.05 | 7.25 | 55.41 | 11.89 | 50.40 | 8.9 | 130.06 | 8.53 |
| 2017 (4) | 3.13 | 3.3 | 7.37 | -0.41 | 116.60 | -3.32 | 49.52 | 0.47 | 46.28 | -6.33 | 119.84 | -0.55 |
| 2016 (3) | 3.03 | -9.01 | 7.40 | -12.01 | 120.61 | 9.92 | 49.29 | 13.62 | 49.41 | 9.53 | 120.50 | 11.58 |
| 2015 (2) | 3.33 | 19.78 | 8.41 | 15.21 | 109.73 | -16.28 | 43.38 | -13.29 | 45.11 | -9.8 | 107.99 | -17.62 |
| 2014 (1) | 2.78 | -7.02 | 7.30 | -13.3 | 131.07 | 7.43 | 50.03 | 15.36 | 50.01 | 3.48 | 131.08 | 12.0 |
