- 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) | 0.63 | -13.7 | -13.7 | 1.96 | -26.32 | 79.82 | 145.46 | 16.85 | 16.86 | 46.39 | 35.52 | -44.21 | 43.88 | 27.23 | 38.25 | 147.97 | 19.11 | -15.87 |
| 23Q3 (19) | 0.73 | 8.96 | 30.36 | 2.66 | 27.88 | 224.39 | 124.48 | -7.77 | -22.85 | 34.23 | -21.76 | -69.1 | 34.49 | 10.72 | -38.09 | 124.23 | -15.81 | -42.59 |
| 23Q2 (18) | 0.67 | -6.94 | 21.82 | 2.08 | 40.54 | 57.58 | 134.96 | 6.69 | -17.71 | 43.75 | -29.01 | -36.62 | 31.15 | 17.28 | -39.27 | 147.56 | -8.67 | -18.81 |
| 23Q1 (17) | 0.72 | -1.37 | -13.25 | 1.48 | 35.78 | -42.64 | 126.50 | 1.63 | 15.29 | 61.63 | -25.88 | 74.89 | 26.56 | -16.32 | -21.86 | 161.57 | -8.14 | 45.6 |
| 22Q4 (16) | 0.73 | 30.36 | -2.67 | 1.09 | 32.93 | -49.77 | 124.47 | -22.86 | 2.24 | 83.15 | -24.93 | 98.54 | 31.74 | -43.03 | -32.21 | 175.88 | -18.72 | 50.6 |
| 22Q3 (15) | 0.56 | 1.82 | -18.84 | 0.82 | -37.88 | -70.29 | 161.35 | -1.62 | 22.0 | 110.76 | 60.45 | 235.64 | 55.71 | 8.62 | 23.66 | 216.40 | 19.06 | 80.03 |
| 22Q2 (14) | 0.55 | -33.73 | -17.91 | 1.32 | -48.84 | -64.42 | 164.00 | 49.47 | 20.3 | 69.03 | 95.89 | 181.07 | 51.29 | 50.9 | 32.98 | 181.75 | 63.78 | 48.57 |
| 22Q1 (13) | 0.83 | 10.67 | 23.88 | 2.58 | 18.89 | -41.36 | 109.72 | -9.87 | -19.17 | 35.24 | -15.85 | 70.41 | 33.99 | -27.4 | -7.23 | 110.97 | -4.98 | -7.37 |
| 21Q4 (12) | 0.75 | 8.7 | 10.29 | 2.17 | -21.38 | -55.44 | 121.74 | -7.95 | -8.6 | 41.88 | 26.91 | 124.2 | 46.82 | 3.93 | 24.22 | 116.79 | -2.84 | 2.28 |
| 21Q3 (11) | 0.69 | 2.99 | -9.21 | 2.76 | -25.61 | -47.63 | 132.25 | -2.99 | 10.28 | 33.00 | 34.36 | 91.19 | 45.05 | 16.8 | 30.85 | 120.20 | -1.74 | 16.98 |
| 21Q2 (10) | 0.67 | 0.0 | -21.18 | 3.71 | -15.68 | -16.82 | 136.33 | 0.43 | 27.88 | 24.56 | 18.76 | 20.22 | 38.57 | 5.27 | 48.46 | 122.33 | 2.11 | 21.05 |
| 21Q1 (9) | 0.67 | -1.47 | -11.84 | 4.40 | -9.65 | 86.44 | 135.75 | 1.91 | 13.34 | 20.68 | 10.71 | -46.38 | 36.64 | -2.79 | 8.02 | 119.80 | 4.91 | -3.71 |
| 20Q4 (8) | 0.68 | -10.53 | -15.0 | 4.87 | -7.59 | 157.67 | 133.20 | 11.07 | 17.03 | 18.68 | 8.23 | -61.14 | 37.69 | 9.47 | -16.19 | 114.19 | 11.13 | -2.33 |
| 20Q3 (7) | 0.76 | -10.59 | -20.0 | 5.27 | 18.16 | 170.26 | 119.92 | 12.48 | 24.88 | 17.26 | -15.52 | -62.99 | 34.43 | 32.53 | -15.86 | 102.75 | 1.67 | 0.99 |
| 20Q2 (6) | 0.85 | 11.84 | -12.37 | 4.46 | 88.98 | 150.56 | 106.61 | -10.99 | 13.45 | 20.43 | -47.03 | -59.98 | 25.98 | -23.41 | -14.4 | 101.06 | -18.78 | -11.88 |
| 20Q1 (5) | 0.76 | -5.0 | -20.0 | 2.36 | 24.87 | 29.67 | 119.77 | 5.23 | 24.63 | 38.57 | -19.76 | -23.01 | 33.92 | -24.57 | 25.21 | 124.42 | 6.42 | 4.46 |
| 19Q4 (4) | 0.80 | -15.79 | 0.0 | 1.89 | -3.08 | 0.0 | 113.82 | 18.53 | 0.0 | 48.07 | 3.07 | 0.0 | 44.97 | 9.9 | 0.0 | 116.91 | 14.91 | 0.0 |
| 19Q3 (3) | 0.95 | -2.06 | 0.0 | 1.95 | 9.55 | 0.0 | 96.03 | 2.19 | 0.0 | 46.64 | -8.64 | 0.0 | 40.92 | 34.83 | 0.0 | 101.74 | -11.28 | 0.0 |
| 19Q2 (2) | 0.97 | 2.11 | 0.0 | 1.78 | -2.2 | 0.0 | 93.97 | -2.22 | 0.0 | 51.05 | 1.9 | 0.0 | 30.35 | 12.03 | 0.0 | 114.68 | -3.72 | 0.0 |
| 19Q1 (1) | 0.95 | 0.0 | 0.0 | 1.82 | 0.0 | 0.0 | 96.10 | 0.0 | 0.0 | 50.10 | 0.0 | 0.0 | 27.09 | 0.0 | 0.0 | 119.11 | 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) | 2.90 | 7.01 | 5.77 | 5.1 | 125.86 | -6.53 | 63.26 | -4.77 | 35.24 | -17.47 | 153.88 | -2.84 |
| 2022 (9) | 2.71 | -2.87 | 5.49 | -42.57 | 134.65 | 2.86 | 66.43 | 73.99 | 42.70 | -3.42 | 158.38 | 26.83 |
| 2021 (8) | 2.79 | -6.69 | 9.56 | -13.41 | 130.91 | 7.14 | 38.18 | 15.52 | 44.21 | 18.24 | 124.88 | 5.97 |
| 2020 (7) | 2.99 | -16.48 | 11.04 | 43.01 | 122.19 | 19.82 | 33.05 | -30.05 | 37.39 | 1.05 | 117.85 | 5.01 |
| 2019 (6) | 3.58 | -9.37 | 7.72 | 7.97 | 101.98 | 10.27 | 47.25 | -7.39 | 37.00 | -3.92 | 112.23 | 6.9 |
| 2018 (5) | 3.95 | -4.82 | 7.15 | -12.38 | 92.48 | 5.13 | 51.02 | 14.04 | 38.51 | 8.54 | 104.99 | 7.98 |
| 2017 (4) | 4.15 | 2.22 | 8.16 | -16.31 | 87.97 | -2.07 | 44.74 | 19.5 | 35.48 | 19.54 | 97.23 | -0.36 |
| 2016 (3) | 4.06 | 29.3 | 9.75 | 33.38 | 89.83 | -22.82 | 37.44 | -25.02 | 29.68 | -26.13 | 97.58 | -22.64 |
| 2015 (2) | 3.14 | -12.04 | 7.31 | -0.68 | 116.39 | 13.8 | 49.93 | 0.75 | 40.18 | -17.68 | 126.14 | 22.43 |
| 2014 (1) | 3.57 | -21.37 | 7.36 | -21.2 | 102.28 | 27.36 | 49.56 | 26.82 | 48.81 | 4.74 | 103.03 | 41.52 |
