- 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) | 3.24 | 123.45 | -28.0 | 1.39 | 195.74 | -13.13 | 28.12 | -55.11 | 39.07 | 65.33 | -66.41 | 14.65 | 23.89 | -75.85 | -17.28 | 69.56 | -56.04 | 43.93 |
| 23Q3 (19) | 1.45 | -60.06 | -46.3 | 0.47 | -55.66 | -6.0 | 62.64 | 149.96 | 85.55 | 194.51 | 127.5 | 7.82 | 98.92 | 134.19 | 15.32 | 158.22 | 131.62 | 23.23 |
| 23Q2 (18) | 3.63 | 121.34 | -25.46 | 1.06 | 85.96 | 0.95 | 25.06 | -54.94 | 34.23 | 85.50 | -46.28 | -0.96 | 42.24 | -44.34 | 17.4 | 68.31 | -50.81 | -1.03 |
| 23Q1 (17) | 1.64 | -63.56 | -35.18 | 0.57 | -64.38 | 5.56 | 55.61 | 175.02 | 54.3 | 159.16 | 179.33 | -5.54 | 75.89 | 162.78 | 9.16 | 138.88 | 187.36 | 2.86 |
| 22Q4 (16) | 4.50 | 66.67 | -23.34 | 1.60 | 220.0 | 70.21 | 20.22 | -40.11 | 30.28 | 56.98 | -68.42 | -40.92 | 28.88 | -66.33 | -33.81 | 48.33 | -62.36 | -29.27 |
| 22Q3 (15) | 2.70 | -44.56 | -26.03 | 0.50 | -52.38 | -10.71 | 33.76 | 80.82 | 35.31 | 180.41 | 108.98 | 10.92 | 85.78 | 138.41 | 15.39 | 128.39 | 86.02 | 13.36 |
| 22Q2 (14) | 4.87 | 92.49 | 58.12 | 1.05 | 94.44 | 64.06 | 18.67 | -48.2 | -36.8 | 86.33 | -48.77 | -38.92 | 35.98 | -48.25 | -36.86 | 69.02 | -48.88 | -39.4 |
| 22Q1 (13) | 2.53 | -56.9 | -18.91 | 0.54 | -42.55 | -14.29 | 36.04 | 132.22 | 23.51 | 168.50 | 74.72 | 16.84 | 69.52 | 59.34 | 65.88 | 135.02 | 97.6 | 2.68 |
| 21Q4 (12) | 5.87 | 60.82 | 35.88 | 0.94 | 67.86 | 25.33 | 15.52 | -37.8 | -26.27 | 96.44 | -40.71 | -20.66 | 43.63 | -41.31 | 15.94 | 68.33 | -39.67 | -34.91 |
| 21Q3 (11) | 3.65 | 18.51 | 2.82 | 0.56 | -12.5 | -27.27 | 24.95 | -15.54 | -2.58 | 162.65 | 15.09 | 37.36 | 74.34 | 30.47 | 54.52 | 113.26 | -0.55 | 18.09 |
| 21Q2 (10) | 3.08 | -1.28 | 92.5 | 0.64 | 1.59 | -4.48 | 29.54 | 1.23 | -48.18 | 141.33 | -2.0 | 4.18 | 56.98 | 35.96 | 23.68 | 113.89 | -13.39 | -22.31 |
| 21Q1 (9) | 3.12 | -27.78 | 262.79 | 0.63 | -16.0 | 31.25 | 29.18 | 38.62 | -72.35 | 144.21 | 18.63 | -23.95 | 41.91 | 11.37 | -44.3 | 131.49 | 25.25 | -40.21 |
| 20Q4 (8) | 4.32 | 21.69 | 128.57 | 0.75 | -2.6 | -19.35 | 21.05 | -17.81 | -56.29 | 121.56 | 2.66 | 24.54 | 37.63 | -21.78 | -23.53 | 104.98 | 9.46 | 8.72 |
| 20Q3 (7) | 3.55 | 121.87 | 117.79 | 0.77 | 14.93 | 22.22 | 25.61 | -55.08 | -54.13 | 118.41 | -12.72 | -18.26 | 48.11 | 4.43 | -36.3 | 95.91 | -34.58 | -23.38 |
| 20Q2 (6) | 1.60 | 86.05 | -6.98 | 0.67 | 39.58 | -4.29 | 57.01 | -45.98 | 7.55 | 135.66 | -28.46 | 4.96 | 46.07 | -38.77 | -42.44 | 146.60 | -33.34 | 43.42 |
| 20Q1 (5) | 0.86 | -54.5 | -51.41 | 0.48 | -48.39 | -20.0 | 105.54 | 119.14 | 104.93 | 189.63 | 94.27 | 24.68 | 75.24 | 52.9 | -41.07 | 219.92 | 127.75 | 189.64 |
| 19Q4 (4) | 1.89 | 15.95 | 0.0 | 0.93 | 47.62 | 0.0 | 48.16 | -13.74 | 0.0 | 97.61 | -32.62 | 0.0 | 49.21 | -34.84 | 0.0 | 96.56 | -22.86 | 0.0 |
| 19Q3 (3) | 1.63 | -5.23 | 0.0 | 0.63 | -10.0 | 0.0 | 55.83 | 5.32 | 0.0 | 144.86 | 12.08 | 0.0 | 75.52 | -5.65 | 0.0 | 125.17 | 22.45 | 0.0 |
| 19Q2 (2) | 1.72 | -2.82 | 0.0 | 0.70 | 16.67 | 0.0 | 53.01 | 2.93 | 0.0 | 129.25 | -15.02 | 0.0 | 80.04 | -37.31 | 0.0 | 102.22 | 34.62 | 0.0 |
| 19Q1 (1) | 1.77 | 0.0 | 0.0 | 0.60 | 0.0 | 0.0 | 51.50 | 0.0 | 0.0 | 152.09 | 0.0 | 0.0 | 127.67 | 0.0 | 0.0 | 75.93 | 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) | 8.66 | -25.47 | 3.95 | 11.27 | 42.16 | 34.22 | 92.42 | -9.99 | 35.65 | -29.31 | 98.93 | 18.25 |
| 2022 (9) | 11.62 | -12.89 | 3.55 | 54.35 | 31.41 | 14.8 | 102.68 | -35.22 | 50.43 | 1.29 | 83.66 | -38.53 |
| 2021 (8) | 13.34 | 115.51 | 2.30 | 24.32 | 27.36 | -53.6 | 158.51 | -19.53 | 49.79 | -17.69 | 136.09 | -30.37 |
| 2020 (7) | 6.19 | -15.9 | 1.85 | -47.59 | 58.96 | 18.89 | 196.99 | 90.7 | 60.49 | -16.55 | 195.46 | 143.08 |
| 2019 (6) | 7.36 | 26.68 | 3.53 | 2.02 | 49.59 | -21.07 | 103.30 | -1.96 | 72.49 | -14.92 | 80.41 | -3.12 |
| 2018 (5) | 5.81 | 15.51 | 3.46 | 1.47 | 62.83 | -13.41 | 105.37 | -1.67 | 85.20 | 39.6 | 83.00 | -30.08 |
| 2017 (4) | 5.03 | -23.9 | 3.41 | -8.58 | 72.56 | 31.43 | 107.16 | 9.37 | 61.03 | 30.1 | 118.70 | 11.69 |
| 2016 (3) | 6.61 | -23.85 | 3.73 | -15.8 | 55.21 | 31.36 | 97.98 | 18.97 | 46.91 | 36.56 | 106.28 | 18.04 |
| 2015 (2) | 8.68 | -0.46 | 4.43 | 15.97 | 42.03 | 0.43 | 82.36 | -13.7 | 34.35 | 0.91 | 90.04 | -12.78 |
| 2014 (1) | 8.72 | 23.16 | 3.82 | 11.05 | 41.85 | -18.8 | 95.43 | -9.95 | 34.04 | -20.41 | 103.23 | -10.04 |
