- 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) | 2.64 | 5.18 | -10.51 | 0.65 | 18.18 | 38.3 | 34.46 | -4.81 | 11.85 | 140.87 | -14.41 | -27.63 | 67.60 | -2.64 | 13.48 | 107.73 | -17.99 | -35.06 |
| 23Q3 (19) | 2.51 | 0.0 | 11.06 | 0.55 | 25.0 | 77.42 | 36.20 | 0.0 | -9.97 | 164.59 | -19.64 | -43.99 | 69.43 | -4.94 | 14.63 | 131.36 | -21.8 | -51.97 |
| 23Q2 (18) | 2.51 | -6.34 | 12.05 | 0.44 | -6.38 | 57.14 | 36.20 | 6.6 | -10.79 | 204.82 | 6.21 | -37.7 | 73.04 | 7.62 | -12.08 | 167.97 | 5.69 | -41.32 |
| 23Q1 (17) | 2.68 | -9.15 | -2.9 | 0.47 | 0.0 | 30.56 | 33.96 | 10.22 | 2.88 | 192.84 | -0.93 | -23.84 | 67.87 | 13.93 | -31.43 | 158.93 | -4.2 | -15.12 |
| 22Q4 (16) | 2.95 | 30.53 | -11.41 | 0.47 | 51.61 | 2.17 | 30.81 | -23.38 | 12.61 | 194.65 | -33.76 | -1.4 | 59.57 | -1.65 | -31.97 | 165.89 | -39.34 | 20.91 |
| 22Q3 (15) | 2.26 | 0.89 | -7.38 | 0.31 | 10.71 | -24.39 | 40.21 | -0.91 | 7.8 | 293.85 | -10.62 | 31.7 | 60.57 | -27.09 | -40.97 | 273.49 | -4.46 | 73.3 |
| 22Q2 (14) | 2.24 | -18.84 | -19.13 | 0.28 | -22.22 | -52.54 | 40.58 | 22.93 | 23.72 | 328.75 | 29.83 | 111.77 | 83.08 | -16.06 | 8.37 | 286.26 | 52.88 | 157.01 |
| 22Q1 (13) | 2.76 | -17.12 | 8.66 | 0.36 | -21.74 | -37.93 | 33.01 | 20.65 | -7.84 | 253.21 | 28.26 | 62.21 | 98.98 | 13.03 | 32.84 | 187.24 | 36.47 | 59.48 |
| 21Q4 (12) | 3.33 | 36.48 | 45.41 | 0.46 | 12.2 | -20.69 | 27.36 | -26.65 | -31.1 | 197.42 | -11.52 | 26.2 | 87.57 | -14.66 | 0.56 | 137.20 | -13.06 | 25.79 |
| 21Q3 (11) | 2.44 | -11.91 | 8.93 | 0.41 | -30.51 | -43.06 | 37.30 | 13.72 | -8.13 | 223.12 | 43.73 | 77.63 | 102.61 | 33.85 | 23.84 | 157.81 | 41.69 | 89.31 |
| 21Q2 (10) | 2.77 | 9.06 | 18.38 | 0.59 | 1.72 | -18.06 | 32.80 | -8.43 | -15.72 | 155.24 | -0.55 | 23.48 | 76.66 | 2.89 | -1.08 | 111.38 | -5.14 | 27.82 |
| 21Q1 (9) | 2.54 | 10.92 | 13.39 | 0.58 | 0.0 | -1.69 | 35.82 | -9.8 | -11.69 | 156.10 | -0.22 | 0.75 | 74.51 | -14.44 | -9.63 | 117.41 | 7.65 | 3.86 |
| 20Q4 (8) | 2.29 | 2.23 | 10.63 | 0.58 | -19.44 | -9.38 | 39.71 | -2.19 | -9.77 | 156.44 | 24.54 | 10.68 | 87.08 | 5.09 | 11.18 | 109.07 | 30.84 | 1.9 |
| 20Q3 (7) | 2.24 | -4.27 | 24.44 | 0.72 | 0.0 | 9.09 | 40.60 | 4.32 | -19.84 | 125.61 | -0.09 | -8.73 | 82.86 | 6.92 | 3.11 | 83.36 | -4.34 | -22.76 |
| 20Q2 (6) | 2.34 | 4.46 | 62.5 | 0.72 | 22.03 | 56.52 | 38.92 | -4.04 | -38.21 | 125.72 | -18.86 | -35.79 | 77.50 | -6.0 | -24.41 | 87.14 | -22.92 | -44.23 |
| 20Q1 (5) | 2.24 | 8.21 | 35.76 | 0.59 | -7.81 | 28.26 | 40.56 | -7.84 | -26.44 | 154.94 | 9.62 | -21.17 | 82.45 | 5.27 | -8.67 | 113.05 | 5.61 | -29.97 |
| 19Q4 (4) | 2.07 | 15.0 | 0.0 | 0.64 | -3.03 | 0.0 | 44.01 | -13.11 | 0.0 | 141.34 | 2.7 | 0.0 | 78.32 | -2.54 | 0.0 | 107.04 | -0.82 | 0.0 |
| 19Q3 (3) | 1.80 | 25.0 | 0.0 | 0.66 | 43.48 | 0.0 | 50.65 | -19.59 | 0.0 | 137.63 | -29.71 | 0.0 | 80.36 | -21.62 | 0.0 | 107.92 | -30.93 | 0.0 |
| 19Q2 (2) | 1.44 | -12.73 | 0.0 | 0.46 | 0.0 | 0.0 | 62.99 | 14.24 | 0.0 | 195.79 | -0.39 | 0.0 | 102.53 | 13.57 | 0.0 | 156.25 | -3.2 | 0.0 |
| 19Q1 (1) | 1.65 | 0.0 | 0.0 | 0.46 | 0.0 | 0.0 | 55.14 | 0.0 | 0.0 | 196.56 | 0.0 | 0.0 | 90.28 | 0.0 | 0.0 | 161.42 | 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) | 10.60 | 9.28 | 2.11 | 39.74 | 34.43 | -8.48 | 173.16 | -28.18 | 74.84 | -26.22 | 132.75 | -25.12 |
| 2022 (9) | 9.70 | -13.0 | 1.51 | -17.49 | 37.62 | 14.91 | 241.10 | 20.63 | 101.44 | 9.82 | 177.28 | 26.42 |
| 2021 (8) | 11.15 | 1.73 | 1.83 | -29.62 | 32.74 | -1.74 | 199.87 | 42.28 | 92.37 | 35.12 | 140.23 | 33.01 |
| 2020 (7) | 10.96 | 33.5 | 2.60 | 17.65 | 33.32 | -25.09 | 140.48 | -15.11 | 68.36 | -12.31 | 105.43 | -20.13 |
| 2019 (6) | 8.21 | 22.9 | 2.21 | 14.51 | 44.48 | -18.56 | 165.49 | -12.64 | 77.96 | -23.62 | 132.01 | -7.02 |
| 2018 (5) | 6.68 | -3.75 | 1.93 | -21.22 | 54.62 | 3.9 | 189.43 | 27.23 | 102.07 | -1.46 | 141.98 | 45.04 |
| 2017 (4) | 6.94 | 9.29 | 2.45 | 23.12 | 52.57 | -8.59 | 148.89 | -18.74 | 103.58 | -3.85 | 97.89 | -26.4 |
| 2016 (3) | 6.35 | -16.01 | 1.99 | 18.45 | 57.51 | 19.04 | 183.22 | -15.64 | 107.73 | 26.22 | 133.00 | -26.17 |
| 2015 (2) | 7.56 | -22.62 | 1.68 | -16.0 | 48.31 | 29.31 | 217.20 | 19.18 | 85.35 | 10.99 | 180.15 | 26.25 |
| 2014 (1) | 9.77 | -17.9 | 2.00 | -12.28 | 37.36 | 21.77 | 182.24 | 13.76 | 76.90 | -3.85 | 142.69 | 28.68 |
