- 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) | 0.67 | -30.21 | -46.83 | 0.42 | -14.29 | -4.55 | 135.60 | 42.93 | 87.84 | 215.88 | 15.23 | 5.38 | 124.88 | 27.89 | -10.42 | 226.60 | 22.78 | 64.62 |
| 23Q3 (19) | 0.96 | -20.66 | -24.41 | 0.49 | -7.55 | -18.33 | 94.87 | 26.65 | 32.43 | 187.35 | 9.16 | 23.97 | 97.65 | 18.48 | -11.24 | 184.56 | 12.46 | 63.69 |
| 23Q2 (18) | 1.21 | 75.36 | 28.72 | 0.53 | 70.97 | -13.11 | 74.91 | -43.26 | -22.71 | 171.63 | -40.86 | 15.62 | 82.42 | -50.37 | -24.24 | 164.11 | -35.93 | 20.17 |
| 23Q1 (17) | 0.69 | -45.24 | 32.69 | 0.31 | -29.55 | -36.73 | 132.02 | 82.88 | -24.33 | 290.21 | 41.66 | 56.99 | 166.08 | 19.13 | 18.31 | 256.15 | 86.09 | 16.99 |
| 22Q4 (16) | 1.26 | -0.79 | 44.83 | 0.44 | -26.67 | -50.0 | 72.19 | 0.77 | -31.08 | 204.86 | 35.55 | 98.99 | 139.41 | 26.72 | 85.39 | 137.65 | 22.08 | 3.9 |
| 22Q3 (15) | 1.27 | 35.11 | 64.94 | 0.60 | -1.64 | -27.71 | 71.64 | -26.08 | -39.1 | 151.13 | 1.81 | 38.63 | 110.01 | 1.12 | 45.29 | 112.75 | -17.44 | -25.3 |
| 22Q2 (14) | 0.94 | 80.77 | 49.21 | 0.61 | 24.49 | 0.0 | 96.92 | -44.45 | -32.83 | 148.44 | -19.7 | -0.6 | 108.79 | -22.5 | 2.03 | 136.57 | -37.63 | -26.96 |
| 22Q1 (13) | 0.52 | -40.23 | 1.96 | 0.49 | -44.32 | -32.88 | 174.47 | 66.57 | -2.86 | 184.86 | 79.56 | 48.26 | 140.38 | 86.68 | 36.97 | 218.95 | 65.27 | 8.49 |
| 21Q4 (12) | 0.87 | 12.99 | 67.31 | 0.88 | 6.02 | 1.15 | 104.74 | -10.97 | -39.81 | 102.95 | -5.57 | -2.0 | 75.20 | -0.69 | -14.6 | 132.48 | -12.23 | -30.64 |
| 21Q3 (11) | 0.77 | 22.22 | 35.09 | 0.83 | 36.07 | 27.69 | 117.64 | -18.46 | -26.51 | 109.02 | -27.0 | -21.71 | 75.72 | -28.99 | -29.57 | 150.94 | -19.27 | -21.3 |
| 21Q2 (10) | 0.63 | 23.53 | 23.53 | 0.61 | -16.44 | -4.69 | 144.28 | -19.67 | -18.89 | 149.34 | 19.77 | 4.58 | 106.63 | 4.04 | -3.62 | 186.98 | -7.35 | -10.98 |
| 21Q1 (9) | 0.51 | -1.92 | 45.71 | 0.73 | -16.09 | 32.73 | 179.61 | 3.21 | -30.86 | 124.69 | 18.7 | -24.89 | 102.49 | 16.39 | -11.36 | 201.81 | 5.65 | -34.93 |
| 20Q4 (8) | 0.52 | -8.77 | 0.0 | 0.87 | 33.85 | 2.35 | 174.02 | 8.71 | 0.14 | 105.05 | -24.56 | -1.81 | 88.06 | -18.09 | 28.48 | 191.01 | -0.41 | -9.99 |
| 20Q3 (7) | 0.57 | 11.76 | -12.31 | 0.65 | 1.56 | -10.96 | 160.07 | -10.02 | 14.54 | 139.25 | -2.49 | 12.02 | 107.51 | -2.82 | 26.14 | 191.80 | -8.69 | 7.25 |
| 20Q2 (6) | 0.51 | 45.71 | -46.87 | 0.64 | 16.36 | -40.19 | 177.89 | -31.52 | 87.0 | 142.80 | -13.98 | 67.8 | 110.63 | -4.32 | 70.1 | 210.05 | -32.27 | 82.34 |
| 20Q1 (5) | 0.35 | -32.69 | -36.36 | 0.55 | -35.29 | -16.67 | 259.76 | 49.48 | 55.64 | 166.01 | 55.16 | 20.22 | 115.62 | 68.69 | -0.34 | 310.15 | 46.15 | 64.13 |
| 19Q4 (4) | 0.52 | -20.0 | 0.0 | 0.85 | 16.44 | 0.0 | 173.77 | 24.34 | 0.0 | 106.99 | -13.93 | 0.0 | 68.54 | -19.58 | 0.0 | 212.22 | 18.66 | 0.0 |
| 19Q3 (3) | 0.65 | -32.29 | 0.0 | 0.73 | -31.78 | 0.0 | 139.75 | 46.9 | 0.0 | 124.31 | 46.08 | 0.0 | 85.23 | 31.04 | 0.0 | 178.84 | 55.24 | 0.0 |
| 19Q2 (2) | 0.96 | 74.55 | 0.0 | 1.07 | 62.12 | 0.0 | 95.13 | -43.0 | 0.0 | 85.10 | -38.37 | 0.0 | 65.04 | -43.94 | 0.0 | 115.20 | -39.04 | 0.0 |
| 19Q1 (1) | 0.55 | 0.0 | 0.0 | 0.66 | 0.0 | 0.0 | 166.90 | 0.0 | 0.0 | 138.09 | 0.0 | 0.0 | 116.02 | 0.0 | 0.0 | 188.97 | 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) | 3.09 | -24.26 | 1.67 | -32.11 | 118.00 | 31.93 | 218.16 | 47.04 | 130.41 | 28.14 | 205.76 | 51.24 |
| 2022 (9) | 4.08 | 58.14 | 2.46 | -28.7 | 89.44 | -36.66 | 148.37 | 40.13 | 101.77 | 11.93 | 136.05 | -12.88 |
| 2021 (8) | 2.58 | 42.54 | 3.45 | 5.18 | 141.21 | -30.01 | 105.88 | -4.74 | 90.92 | 1.6 | 156.16 | -30.11 |
| 2020 (7) | 1.81 | -29.02 | 3.28 | 0.31 | 201.77 | 41.21 | 111.15 | -0.44 | 89.49 | 0.81 | 223.43 | 34.79 |
| 2019 (6) | 2.55 | -11.46 | 3.27 | 2.19 | 142.89 | 12.88 | 111.64 | -2.18 | 88.77 | -6.0 | 165.76 | 13.32 |
| 2018 (5) | 2.88 | -23.2 | 3.20 | -15.57 | 126.59 | 30.14 | 114.13 | 18.6 | 94.44 | 1.34 | 146.28 | 45.83 |
| 2017 (4) | 3.75 | 132.92 | 3.79 | 40.37 | 97.27 | -57.1 | 96.23 | -28.75 | 93.19 | -52.28 | 100.31 | -39.75 |
| 2016 (3) | 1.61 | 18.38 | 2.70 | -29.87 | 226.72 | -15.51 | 135.06 | 42.41 | 195.29 | 9.21 | 166.49 | -9.68 |
| 2015 (2) | 1.36 | -13.92 | 3.85 | -37.3 | 268.33 | 15.79 | 94.84 | 59.45 | 178.82 | 28.81 | 184.34 | 20.97 |
| 2014 (1) | 1.58 | 22.48 | 6.14 | 5.68 | 231.73 | -18.25 | 59.48 | -5.26 | 138.82 | -23.36 | 152.38 | -7.7 |
