- 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) | 1.63 | -0.61 | -6.86 | 0.39 | 105.26 | 116.67 | 55.95 | 1.03 | 7.68 | 231.79 | -51.82 | -55.29 | 37.94 | -56.86 | -67.5 | 249.81 | -44.3 | -44.94 |
| 23Q3 (19) | 1.64 | -6.29 | 35.54 | 0.19 | -5.0 | -13.64 | 55.38 | 6.23 | -26.49 | 481.10 | 5.13 | 18.2 | 87.95 | -18.66 | -26.15 | 448.53 | 11.68 | 23.46 |
| 23Q2 (18) | 1.75 | -12.06 | 29.63 | 0.20 | -20.0 | -48.72 | 52.13 | 14.14 | -22.77 | 457.61 | 25.06 | 96.25 | 108.12 | 33.37 | 32.74 | 401.62 | 21.52 | 83.2 |
| 23Q1 (17) | 1.99 | 13.71 | 16.37 | 0.25 | 38.89 | -47.92 | 45.67 | -12.11 | -14.25 | 365.90 | -29.42 | 95.0 | 81.07 | -30.55 | 13.12 | 330.50 | -27.15 | 95.3 |
| 22Q4 (16) | 1.75 | 44.63 | 38.89 | 0.18 | -18.18 | -61.7 | 51.96 | -31.03 | -28.02 | 518.45 | 27.37 | 168.0 | 116.73 | -1.98 | 47.16 | 453.68 | 24.88 | 143.5 |
| 22Q3 (15) | 1.21 | -10.37 | -15.38 | 0.22 | -43.59 | -62.71 | 75.34 | 11.61 | 18.14 | 407.03 | 74.56 | 165.55 | 119.09 | 46.21 | 81.21 | 363.29 | 65.71 | 140.06 |
| 22Q2 (14) | 1.35 | -21.05 | -19.64 | 0.39 | -18.75 | -30.36 | 67.50 | 26.74 | 24.38 | 233.18 | 24.27 | 44.72 | 81.45 | 13.65 | 43.63 | 219.23 | 29.55 | 38.17 |
| 22Q1 (13) | 1.71 | 35.71 | 2.4 | 0.48 | 2.13 | 6.67 | 53.26 | -26.22 | -2.53 | 187.64 | -3.0 | -6.33 | 71.67 | -9.64 | 11.55 | 169.23 | -9.17 | -11.26 |
| 21Q4 (12) | 1.26 | -11.89 | -14.29 | 0.47 | -20.34 | 9.3 | 72.19 | 13.2 | 16.34 | 193.45 | 26.21 | -7.74 | 79.32 | 20.69 | -7.56 | 186.32 | 23.12 | 0.2 |
| 21Q3 (11) | 1.43 | -14.88 | -8.92 | 0.59 | 5.36 | 15.69 | 63.77 | 17.51 | 9.87 | 153.28 | -4.87 | -13.81 | 65.72 | 15.89 | -25.35 | 151.33 | -4.63 | 2.37 |
| 21Q2 (10) | 1.68 | 0.6 | -1.75 | 0.56 | 24.44 | -5.08 | 54.27 | -0.68 | 1.72 | 161.12 | -19.57 | 4.41 | 56.71 | -11.74 | -19.4 | 158.67 | -16.8 | 15.57 |
| 21Q1 (9) | 1.67 | 13.61 | 12.08 | 0.45 | 4.65 | -13.46 | 54.64 | -11.94 | -10.6 | 200.32 | -4.47 | 14.46 | 64.25 | -25.13 | -3.05 | 190.71 | 2.57 | 12.27 |
| 20Q4 (8) | 1.47 | -6.37 | -4.55 | 0.43 | -15.69 | -14.0 | 62.05 | 6.91 | 4.94 | 209.69 | 17.92 | 15.54 | 85.81 | -2.53 | 22.53 | 185.94 | 25.78 | 9.0 |
| 20Q3 (7) | 1.57 | -8.19 | -5.42 | 0.51 | -13.56 | -3.77 | 58.04 | 8.79 | 5.93 | 177.83 | 15.24 | 3.38 | 88.04 | 25.13 | 30.6 | 147.83 | 7.68 | -7.25 |
| 20Q2 (6) | 1.71 | 14.77 | -7.07 | 0.59 | 13.46 | 13.46 | 53.35 | -12.71 | 7.78 | 154.31 | -11.83 | -11.95 | 70.36 | 6.17 | 14.85 | 137.29 | -19.17 | -16.03 |
| 20Q1 (5) | 1.49 | -3.25 | -17.68 | 0.52 | 4.0 | 8.33 | 61.12 | 3.37 | 21.85 | 175.01 | -3.57 | -8.49 | 66.27 | -5.37 | 12.51 | 169.86 | -0.42 | -6.93 |
| 19Q4 (4) | 1.54 | -7.23 | 0.0 | 0.50 | -5.66 | 0.0 | 59.13 | 7.92 | 0.0 | 181.48 | 5.51 | 0.0 | 70.03 | 3.89 | 0.0 | 170.58 | 7.02 | 0.0 |
| 19Q3 (3) | 1.66 | -9.78 | 0.0 | 0.53 | 1.92 | 0.0 | 54.79 | 10.69 | 0.0 | 172.01 | -1.85 | 0.0 | 67.41 | 10.04 | 0.0 | 159.39 | -2.51 | 0.0 |
| 19Q2 (2) | 1.84 | 1.66 | 0.0 | 0.52 | 8.33 | 0.0 | 49.50 | -1.32 | 0.0 | 175.25 | -8.37 | 0.0 | 61.26 | 4.01 | 0.0 | 163.49 | -10.42 | 0.0 |
| 19Q1 (1) | 1.81 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 50.16 | 0.0 | 0.0 | 191.25 | 0.0 | 0.0 | 58.90 | 0.0 | 0.0 | 182.50 | 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) | 8.00 | 10.8 | 1.16 | 0.87 | 45.62 | -9.72 | 315.06 | -0.56 | 57.03 | -28.93 | 303.64 | 5.75 |
| 2022 (9) | 7.22 | -2.04 | 1.15 | -41.33 | 50.53 | 2.06 | 316.85 | 70.17 | 80.25 | 18.92 | 287.13 | 70.69 |
| 2021 (8) | 7.37 | 12.52 | 1.96 | 4.26 | 49.51 | -11.16 | 186.20 | -3.99 | 67.48 | -2.02 | 168.22 | -6.96 |
| 2020 (7) | 6.55 | 1.55 | 1.88 | -6.0 | 55.73 | -1.45 | 193.93 | 6.51 | 68.87 | 12.96 | 180.80 | 1.77 |
| 2019 (6) | 6.45 | -4.16 | 2.00 | 25.0 | 56.55 | 4.28 | 182.07 | -20.03 | 60.97 | 9.6 | 177.65 | -21.49 |
| 2018 (5) | 6.73 | -11.68 | 1.60 | 3.23 | 54.23 | 13.26 | 227.67 | -3.29 | 55.63 | -30.17 | 226.27 | 11.11 |
| 2017 (4) | 7.62 | -14.29 | 1.55 | -47.28 | 47.88 | 16.58 | 235.42 | 89.47 | 79.66 | 33.1 | 203.64 | 93.08 |
| 2016 (3) | 8.89 | 11.96 | 2.94 | 9.29 | 41.07 | -10.68 | 124.25 | -8.46 | 59.85 | 2.62 | 105.47 | -14.53 |
| 2015 (2) | 7.94 | 27.86 | 2.69 | -7.56 | 45.98 | -21.8 | 135.74 | 8.37 | 58.32 | -20.35 | 123.40 | 11.33 |
| 2014 (1) | 6.21 | -34.22 | 2.91 | -57.89 | 58.80 | 52.02 | 125.26 | 137.19 | 73.22 | 65.32 | 110.84 | 134.78 |
