- 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) | 1.03 | -8.04 | -0.96 | 0.69 | 1.47 | 25.45 | 88.32 | 8.94 | 1.41 | 132.31 | -0.48 | -20.28 | 79.45 | 28.39 | -0.56 | 141.18 | -7.2 | -18.46 |
| 23Q3 (19) | 1.12 | 2.75 | 16.67 | 0.68 | 25.93 | 25.93 | 81.07 | -3.17 | -14.42 | 132.95 | -21.03 | -20.52 | 61.88 | 28.12 | -31.15 | 152.14 | -25.34 | -11.61 |
| 23Q2 (18) | 1.09 | 37.97 | 84.75 | 0.54 | 38.46 | 25.58 | 83.72 | -27.08 | -46.02 | 168.35 | -27.79 | -20.9 | 48.30 | -38.84 | -58.92 | 203.77 | -24.24 | -18.6 |
| 23Q1 (17) | 0.79 | -24.04 | 51.92 | 0.39 | -29.09 | -23.53 | 114.81 | 31.83 | -34.02 | 233.14 | 40.48 | 30.64 | 78.97 | -1.16 | -32.54 | 268.98 | 55.35 | 14.26 |
| 22Q4 (16) | 1.04 | 8.33 | 46.48 | 0.55 | 1.85 | -32.1 | 87.09 | -8.07 | -32.15 | 165.96 | -0.78 | 47.81 | 79.90 | -11.1 | -5.76 | 173.15 | 0.6 | 11.1 |
| 22Q3 (15) | 0.96 | 62.71 | 29.73 | 0.54 | 25.58 | -33.33 | 94.73 | -38.92 | -22.5 | 167.27 | -21.41 | 49.76 | 89.88 | -23.55 | 8.04 | 172.12 | -31.25 | 14.18 |
| 22Q2 (14) | 0.59 | 13.46 | -23.38 | 0.43 | -15.69 | -38.57 | 155.09 | -10.88 | 30.44 | 212.83 | 19.26 | 62.98 | 117.57 | 0.43 | 28.02 | 250.34 | 6.34 | 58.79 |
| 22Q1 (13) | 0.52 | -26.76 | -50.0 | 0.51 | -37.04 | -36.25 | 174.02 | 35.57 | 98.38 | 178.46 | 58.94 | 56.23 | 117.07 | 38.09 | 64.84 | 235.42 | 51.06 | 79.81 |
| 21Q4 (12) | 0.71 | -4.05 | -28.28 | 0.81 | 0.0 | 20.9 | 128.36 | 5.01 | 39.69 | 112.28 | 0.53 | -17.08 | 84.78 | 1.91 | 34.81 | 155.85 | 3.39 | -5.21 |
| 21Q3 (11) | 0.74 | -3.9 | 8.82 | 0.81 | 15.71 | 65.31 | 122.24 | 2.81 | -9.18 | 111.69 | -14.47 | -40.07 | 83.19 | -9.42 | 7.11 | 150.74 | -4.38 | -38.05 |
| 21Q2 (10) | 0.77 | -25.96 | 37.5 | 0.70 | -12.5 | 55.56 | 118.90 | 35.54 | -26.81 | 130.59 | 14.32 | -36.04 | 91.84 | 29.32 | -22.17 | 157.65 | 20.41 | -36.59 |
| 21Q1 (9) | 1.04 | 5.05 | 67.74 | 0.80 | 19.4 | 25.0 | 87.72 | -4.54 | -40.68 | 114.23 | -15.64 | -20.17 | 71.02 | 12.93 | -32.12 | 130.93 | -20.36 | -29.73 |
| 20Q4 (8) | 0.99 | 45.59 | 16.47 | 0.67 | 36.73 | -24.72 | 91.89 | -31.73 | -14.46 | 135.40 | -27.35 | 32.95 | 62.89 | -19.03 | -10.25 | 164.41 | -32.43 | 18.11 |
| 20Q3 (7) | 0.68 | 21.43 | -10.53 | 0.49 | 8.89 | -23.44 | 134.60 | -17.14 | 12.19 | 186.38 | -8.71 | 31.01 | 77.67 | -34.18 | -6.56 | 243.31 | -2.13 | 35.83 |
| 20Q2 (6) | 0.56 | -9.68 | -21.13 | 0.45 | -29.69 | -31.82 | 162.45 | 9.86 | 27.18 | 204.16 | 42.67 | 49.1 | 118.00 | 12.78 | 68.64 | 248.61 | 33.42 | 27.7 |
| 20Q1 (5) | 0.62 | -27.06 | 16.98 | 0.64 | -28.09 | 28.0 | 147.87 | 37.66 | -13.35 | 143.10 | 40.51 | -21.73 | 104.63 | 49.32 | 3.67 | 186.33 | 33.86 | -26.23 |
| 19Q4 (4) | 0.85 | 11.84 | 0.0 | 0.89 | 39.06 | 0.0 | 107.42 | -10.47 | 0.0 | 101.84 | -28.41 | 0.0 | 70.07 | -15.7 | 0.0 | 139.20 | -22.29 | 0.0 |
| 19Q3 (3) | 0.76 | 7.04 | 0.0 | 0.64 | -3.03 | 0.0 | 119.98 | -6.07 | 0.0 | 142.26 | 3.89 | 0.0 | 83.12 | 18.79 | 0.0 | 179.13 | -7.99 | 0.0 |
| 19Q2 (2) | 0.71 | 33.96 | 0.0 | 0.66 | 32.0 | 0.0 | 127.73 | -25.16 | 0.0 | 136.93 | -25.11 | 0.0 | 69.97 | -30.67 | 0.0 | 194.69 | -22.92 | 0.0 |
| 19Q1 (1) | 0.53 | 0.0 | 0.0 | 0.50 | 0.0 | 0.0 | 170.66 | 0.0 | 0.0 | 182.84 | 0.0 | 0.0 | 100.93 | 0.0 | 0.0 | 252.58 | 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) | 3.62 | 21.89 | 2.18 | -3.96 | 100.76 | -18.09 | 167.68 | 4.4 | 81.58 | -6.95 | 186.86 | -4.64 |
| 2022 (9) | 2.97 | -9.73 | 2.27 | -23.31 | 123.02 | 10.93 | 160.61 | 30.46 | 87.67 | 7.69 | 195.96 | 28.41 |
| 2021 (8) | 3.29 | 25.1 | 2.96 | 17.93 | 110.90 | -19.95 | 123.11 | -15.25 | 81.41 | -14.12 | 152.60 | -19.27 |
| 2020 (7) | 2.63 | -5.05 | 2.51 | -10.68 | 138.54 | 5.26 | 145.26 | 11.92 | 94.79 | 4.96 | 189.02 | 10.47 |
| 2019 (6) | 2.77 | -7.05 | 2.81 | -1.06 | 131.62 | 7.41 | 129.79 | 0.98 | 90.31 | 20.35 | 171.10 | -2.8 |
| 2018 (5) | 2.98 | 6.43 | 2.84 | -6.58 | 122.54 | -6.03 | 128.53 | 7.21 | 75.04 | -2.25 | 176.02 | 1.43 |
| 2017 (4) | 2.80 | 0.72 | 3.04 | 1.0 | 130.41 | -0.85 | 119.89 | -1.15 | 76.77 | 7.37 | 173.53 | -4.3 |
| 2016 (3) | 2.78 | -1.77 | 3.01 | 13.58 | 131.53 | 1.98 | 121.29 | -12.1 | 71.50 | 3.34 | 181.32 | -8.32 |
| 2015 (2) | 2.83 | -7.52 | 2.65 | -1.49 | 128.97 | 8.23 | 137.98 | 1.88 | 69.19 | -12.74 | 197.77 | 12.81 |
| 2014 (1) | 3.06 | -44.77 | 2.69 | -7.56 | 119.16 | 80.79 | 135.44 | 7.94 | 79.29 | 9.15 | 175.31 | 47.63 |
