- 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) | 2.24 | -13.51 | -21.13 | 0.96 | 14.29 | 123.26 | 40.69 | 15.76 | 27.12 | 94.51 | -12.82 | -55.5 | 51.84 | 3.43 | 5.13 | 83.36 | -10.79 | -57.27 |
| 23Q3 (19) | 2.59 | -5.13 | 69.28 | 0.84 | 35.48 | 44.83 | 35.15 | 5.59 | -40.75 | 108.41 | -26.19 | -31.19 | 50.12 | 9.53 | 6.46 | 93.44 | -30.48 | -44.97 |
| 23Q2 (18) | 2.73 | -4.88 | 70.62 | 0.62 | 19.23 | 93.75 | 33.29 | 5.08 | -41.63 | 146.87 | -16.72 | -48.85 | 45.76 | 29.71 | -56.97 | 134.40 | -22.2 | -43.48 |
| 23Q1 (17) | 2.87 | 1.06 | 105.0 | 0.52 | 20.93 | 6.12 | 31.68 | -1.03 | -51.16 | 176.35 | -16.96 | -5.48 | 35.28 | -28.45 | -65.53 | 172.75 | -11.44 | 15.86 |
| 22Q4 (16) | 2.84 | 85.62 | 47.92 | 0.43 | -25.86 | -51.69 | 32.01 | -46.04 | -32.47 | 212.37 | 34.8 | 108.33 | 49.31 | 4.74 | -36.17 | 195.07 | 14.89 | 170.59 |
| 22Q3 (15) | 1.53 | -4.38 | -37.55 | 0.58 | 81.25 | -55.04 | 59.32 | 4.02 | 59.42 | 157.55 | -45.13 | 122.94 | 47.08 | -55.73 | -29.35 | 169.79 | -28.6 | 311.81 |
| 22Q2 (14) | 1.60 | 14.29 | -39.39 | 0.32 | -34.69 | -77.93 | 57.03 | -12.09 | 65.3 | 287.13 | 53.89 | 355.98 | 106.35 | 3.91 | 64.04 | 237.80 | 59.49 | 628.55 |
| 22Q1 (13) | 1.40 | -27.08 | -44.44 | 0.49 | -44.94 | -65.97 | 64.87 | 36.86 | 79.4 | 186.58 | 83.03 | 195.55 | 102.35 | 32.49 | 61.36 | 149.10 | 106.82 | 315.78 |
| 21Q4 (12) | 1.92 | -21.63 | -30.43 | 0.89 | -31.01 | -39.46 | 47.40 | 27.39 | 43.81 | 101.94 | 44.25 | 64.13 | 77.25 | 15.92 | 40.38 | 72.09 | 74.85 | 80.0 |
| 21Q3 (11) | 2.45 | -7.2 | -6.84 | 1.29 | -11.03 | 7.5 | 37.21 | 7.86 | 7.42 | 70.67 | 12.23 | -7.05 | 66.64 | 2.79 | 21.63 | 41.23 | 26.32 | -26.2 |
| 21Q2 (10) | 2.64 | 4.76 | 40.43 | 1.45 | 0.69 | 70.59 | 34.50 | -4.59 | -28.75 | 62.97 | -0.25 | -41.48 | 64.83 | 2.21 | -23.14 | 32.64 | -8.98 | -54.46 |
| 21Q1 (9) | 2.52 | -8.7 | 27.92 | 1.44 | -2.04 | 24.14 | 36.16 | 9.71 | -21.54 | 63.13 | 1.64 | -19.62 | 63.43 | 15.26 | -24.63 | 35.86 | -10.46 | -11.39 |
| 20Q4 (8) | 2.76 | 4.94 | 22.67 | 1.47 | 22.5 | -2.65 | 32.96 | -4.85 | -18.56 | 62.11 | -18.31 | 2.93 | 55.03 | 0.44 | -17.14 | 40.05 | -28.32 | 16.42 |
| 20Q3 (7) | 2.63 | 39.89 | 0.38 | 1.20 | 41.18 | 2.56 | 34.64 | -28.46 | -0.4 | 76.03 | -29.34 | -2.5 | 54.79 | -35.04 | -2.02 | 55.87 | -22.06 | -1.71 |
| 20Q2 (6) | 1.88 | -4.57 | -31.14 | 0.85 | -26.72 | 13.33 | 48.42 | 5.06 | 45.14 | 107.60 | 37.0 | -11.29 | 84.35 | 0.23 | 24.1 | 71.68 | 77.12 | -17.31 |
| 20Q1 (5) | 1.97 | -12.44 | 0.0 | 1.16 | -23.18 | 103.51 | 46.09 | 13.89 | -0.04 | 78.54 | 30.16 | -50.65 | 84.16 | 26.73 | -18.71 | 40.47 | 17.65 | -60.22 |
| 19Q4 (4) | 2.25 | -14.12 | 0.0 | 1.51 | 29.06 | 0.0 | 40.47 | 16.36 | 0.0 | 60.34 | -22.62 | 0.0 | 66.41 | 18.76 | 0.0 | 34.40 | -39.48 | 0.0 |
| 19Q3 (3) | 2.62 | -4.03 | 0.0 | 1.17 | 56.0 | 0.0 | 34.78 | 4.26 | 0.0 | 77.98 | -35.71 | 0.0 | 55.92 | -17.73 | 0.0 | 56.84 | -34.43 | 0.0 |
| 19Q2 (2) | 2.73 | 38.58 | 0.0 | 0.75 | 31.58 | 0.0 | 33.36 | -27.65 | 0.0 | 121.29 | -23.79 | 0.0 | 67.97 | -34.35 | 0.0 | 86.68 | -14.8 | 0.0 |
| 19Q1 (1) | 1.97 | 0.0 | 0.0 | 0.57 | 0.0 | 0.0 | 46.11 | 0.0 | 0.0 | 159.16 | 0.0 | 0.0 | 103.53 | 0.0 | 0.0 | 101.74 | 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) | 9.70 | 64.97 | 2.58 | 5.74 | 37.63 | -39.37 | 141.65 | -5.43 | 40.47 | -27.11 | 138.81 | -11.2 |
| 2022 (9) | 5.88 | -34.67 | 2.44 | -39.6 | 62.06 | 52.97 | 149.79 | 65.73 | 55.52 | -21.26 | 156.32 | 158.64 |
| 2021 (8) | 9.00 | -0.44 | 4.04 | -35.26 | 40.57 | 0.45 | 90.38 | 54.44 | 70.51 | 7.8 | 60.44 | 80.42 |
| 2020 (7) | 9.04 | 18.64 | 6.24 | 60.82 | 40.39 | -15.66 | 58.52 | -37.74 | 65.41 | -28.88 | 33.50 | -32.89 |
| 2019 (6) | 7.62 | -13.9 | 3.88 | 11.49 | 47.89 | 16.15 | 94.00 | -10.44 | 91.97 | 43.43 | 49.92 | -39.17 |
| 2018 (5) | 8.85 | 6.24 | 3.48 | 6.42 | 41.23 | -5.89 | 104.96 | -6.1 | 64.12 | 5.1 | 82.07 | -13.23 |
| 2017 (4) | 8.33 | 10.48 | 3.27 | -4.94 | 43.81 | -9.48 | 111.78 | 5.49 | 61.01 | 16.32 | 94.58 | -7.19 |
| 2016 (3) | 7.54 | -46.26 | 3.44 | -39.12 | 48.40 | 86.08 | 105.96 | 63.87 | 52.45 | 128.24 | 101.91 | 50.55 |
| 2015 (2) | 14.03 | 257.91 | 5.65 | 246.63 | 26.01 | -72.1 | 64.66 | -71.13 | 22.98 | -75.15 | 67.69 | -69.88 |
| 2014 (1) | 3.92 | -11.71 | 1.63 | -57.44 | 93.21 | 13.45 | 223.99 | 134.96 | 92.49 | 71.21 | 224.71 | 82.01 |
