- 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) | 0.69 | -26.6 | -25.81 | 0.66 | -15.38 | -17.5 | 131.06 | 35.39 | 33.84 | 138.31 | 17.83 | 20.89 | 143.06 | 33.03 | 51.61 | 126.31 | 18.46 | 7.06 |
| 23Q3 (19) | 0.94 | -5.05 | 13.25 | 0.78 | 8.33 | 25.81 | 96.80 | 5.14 | -11.88 | 117.38 | -7.15 | -19.42 | 107.54 | 6.11 | 4.31 | 106.63 | -8.96 | -30.04 |
| 23Q2 (18) | 0.99 | 47.76 | 80.0 | 0.72 | 30.91 | 38.46 | 92.07 | -32.69 | -44.79 | 126.42 | -23.59 | -27.34 | 101.35 | -21.91 | -11.76 | 117.13 | -32.08 | -48.15 |
| 23Q1 (17) | 0.67 | -27.96 | -8.22 | 0.55 | -31.25 | -17.91 | 136.79 | 39.7 | 8.98 | 165.45 | 44.61 | 22.37 | 129.79 | 37.55 | 26.34 | 172.45 | 46.17 | 9.15 |
| 22Q4 (16) | 0.93 | 12.05 | 8.14 | 0.80 | 29.03 | 9.59 | 97.92 | -10.86 | -7.67 | 114.41 | -21.46 | -7.71 | 94.36 | -8.48 | -4.71 | 117.98 | -22.59 | -9.95 |
| 22Q3 (15) | 0.83 | 50.91 | 10.67 | 0.62 | 19.23 | -8.82 | 109.85 | -34.13 | -8.88 | 145.67 | -16.28 | 9.43 | 103.10 | -10.24 | -8.7 | 152.41 | -32.53 | 8.28 |
| 22Q2 (14) | 0.55 | -24.66 | -16.67 | 0.52 | -22.39 | -29.73 | 166.76 | 32.86 | 20.14 | 173.99 | 28.68 | 41.2 | 114.86 | 11.81 | -8.91 | 225.89 | 42.98 | 66.21 |
| 22Q1 (13) | 0.73 | -15.12 | -3.95 | 0.67 | -8.22 | -29.47 | 125.52 | 18.35 | 4.43 | 135.21 | 9.07 | 41.67 | 102.73 | 3.75 | -6.53 | 157.99 | 20.59 | 49.46 |
| 21Q4 (12) | 0.86 | 14.67 | 19.44 | 0.73 | 7.35 | -22.34 | 106.06 | -12.03 | -15.99 | 123.97 | -6.87 | 27.5 | 99.02 | -12.32 | -9.22 | 131.01 | -6.92 | 14.52 |
| 21Q3 (11) | 0.75 | 13.64 | 0.0 | 0.68 | -8.11 | -31.31 | 120.56 | -13.14 | -0.53 | 133.12 | 8.03 | 44.87 | 112.93 | -10.44 | 29.83 | 140.75 | 3.56 | 11.61 |
| 21Q2 (10) | 0.66 | -13.16 | -5.71 | 0.74 | -22.11 | -7.5 | 138.80 | 15.48 | 6.43 | 123.22 | 29.11 | 8.07 | 126.10 | 14.73 | 33.24 | 135.91 | 28.57 | -9.27 |
| 21Q1 (9) | 0.76 | 5.56 | 80.95 | 0.95 | 1.06 | 72.73 | 120.19 | -4.8 | -44.98 | 95.44 | -1.84 | -42.13 | 109.91 | 0.76 | -23.64 | 105.71 | -7.6 | -55.84 |
| 20Q4 (8) | 0.72 | -4.0 | 10.77 | 0.94 | -5.05 | 11.9 | 126.25 | 4.17 | -9.63 | 97.23 | 5.81 | -10.27 | 109.08 | 25.41 | 8.7 | 114.40 | -9.29 | -22.55 |
| 20Q3 (7) | 0.75 | 7.14 | 36.36 | 0.99 | 23.75 | 19.28 | 121.20 | -7.06 | -26.93 | 91.89 | -19.41 | -16.46 | 86.98 | -8.09 | -14.97 | 126.11 | -15.81 | -27.34 |
| 20Q2 (6) | 0.70 | 66.67 | 37.25 | 0.80 | 45.45 | -13.98 | 130.41 | -40.3 | -26.64 | 114.02 | -30.86 | 16.97 | 94.64 | -34.25 | 9.54 | 149.79 | -37.43 | -20.67 |
| 20Q1 (5) | 0.42 | -35.38 | -8.7 | 0.55 | -34.52 | -33.73 | 218.43 | 56.35 | 11.05 | 164.91 | 52.19 | 50.19 | 143.94 | 43.44 | 58.44 | 239.40 | 62.07 | 11.01 |
| 19Q4 (4) | 0.65 | 18.18 | 0.0 | 0.84 | 1.2 | 0.0 | 139.71 | -15.77 | 0.0 | 108.36 | -1.49 | 0.0 | 100.35 | -1.9 | 0.0 | 147.71 | -14.9 | 0.0 |
| 19Q3 (3) | 0.55 | 7.84 | 0.0 | 0.83 | -10.75 | 0.0 | 165.86 | -6.69 | 0.0 | 110.00 | 12.84 | 0.0 | 102.29 | 18.39 | 0.0 | 173.57 | -8.08 | 0.0 |
| 19Q2 (2) | 0.51 | 10.87 | 0.0 | 0.93 | 12.05 | 0.0 | 177.76 | -9.63 | 0.0 | 97.48 | -11.22 | 0.0 | 86.40 | -4.9 | 0.0 | 188.83 | -12.44 | 0.0 |
| 19Q1 (1) | 0.46 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 196.70 | 0.0 | 0.0 | 109.80 | 0.0 | 0.0 | 90.85 | 0.0 | 0.0 | 215.66 | 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) | 2.91 | 2.83 | 3.15 | 17.54 | 125.25 | -2.84 | 115.97 | -14.82 | 116.77 | 2.33 | 124.44 | -17.56 |
| 2022 (9) | 2.83 | 1.8 | 2.68 | -7.9 | 128.91 | -1.79 | 136.14 | 8.43 | 114.11 | -4.51 | 150.94 | 9.92 |
| 2021 (8) | 2.78 | 17.8 | 2.91 | -0.34 | 131.26 | -15.06 | 125.56 | 0.5 | 119.50 | -9.16 | 137.32 | -7.17 |
| 2020 (7) | 2.36 | 7.76 | 2.92 | -5.19 | 154.54 | -7.09 | 124.93 | 5.3 | 131.55 | 26.93 | 147.93 | -18.42 |
| 2019 (6) | 2.19 | 2.82 | 3.08 | -10.72 | 166.34 | -3.12 | 118.64 | 12.23 | 103.64 | 12.98 | 181.34 | -2.34 |
| 2018 (5) | 2.13 | -3.62 | 3.45 | -2.54 | 171.70 | 4.14 | 105.71 | 2.52 | 91.73 | -9.27 | 185.68 | 11.27 |
| 2017 (4) | 2.21 | -14.67 | 3.54 | -15.31 | 164.87 | 16.79 | 103.11 | 18.04 | 101.10 | 5.54 | 166.87 | 25.72 |
| 2016 (3) | 2.59 | -1.89 | 4.18 | 5.56 | 141.17 | 1.92 | 87.35 | -5.33 | 95.79 | 5.9 | 132.73 | -5.42 |
| 2015 (2) | 2.64 | 16.81 | 3.96 | 17.86 | 138.51 | -14.31 | 92.27 | -15.1 | 90.45 | -0.12 | 140.34 | -21.93 |
| 2014 (1) | 2.26 | -16.61 | 3.36 | -19.04 | 161.65 | 19.86 | 108.68 | 23.67 | 90.56 | 30.0 | 179.76 | 17.41 |
