- 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) | 2.61 | 17.57 | 19.72 | 0.56 | 14.29 | 30.23 | 34.88 | -14.93 | -16.57 | 163.19 | -11.28 | -23.59 | 28.81 | 18.61 | -27.21 | 169.26 | -15.65 | -21.57 |
| 23Q3 (19) | 2.22 | -4.72 | -1.33 | 0.49 | 8.89 | -20.97 | 41.00 | 5.07 | 1.28 | 183.94 | -9.35 | 24.6 | 24.29 | -8.72 | -40.86 | 200.66 | -6.8 | 36.48 |
| 23Q2 (18) | 2.33 | 8.88 | -2.1 | 0.45 | 25.0 | -41.56 | 39.02 | -8.15 | 1.99 | 202.91 | -18.67 | 71.28 | 26.61 | -25.32 | -28.72 | 215.31 | -16.01 | 80.34 |
| 23Q1 (17) | 2.14 | -1.83 | 2.39 | 0.36 | -16.28 | -52.0 | 42.48 | 1.6 | -2.46 | 249.49 | 16.81 | 105.92 | 35.63 | -9.98 | 2.21 | 256.34 | 18.78 | 97.4 |
| 22Q4 (16) | 2.18 | -3.11 | -8.4 | 0.43 | -30.65 | -50.57 | 41.81 | 3.29 | 9.22 | 213.58 | 44.68 | 103.6 | 39.58 | -3.63 | 40.45 | 215.81 | 46.78 | 87.66 |
| 22Q3 (15) | 2.25 | -5.46 | -5.86 | 0.62 | -19.48 | -25.3 | 40.48 | 5.8 | 6.36 | 147.62 | 24.61 | 33.85 | 41.07 | 10.02 | 26.68 | 147.03 | 23.15 | 26.83 |
| 22Q2 (14) | 2.38 | 13.88 | -0.83 | 0.77 | 2.67 | -2.53 | 38.26 | -12.15 | 0.92 | 118.47 | -2.22 | 3.45 | 37.33 | 7.09 | 8.68 | 119.39 | -8.06 | 1.11 |
| 22Q1 (13) | 2.09 | -12.18 | -2.34 | 0.75 | -13.79 | 11.94 | 43.55 | 13.77 | 2.4 | 121.16 | 15.5 | -10.38 | 34.86 | 23.7 | 5.64 | 129.86 | 12.92 | -10.27 |
| 21Q4 (12) | 2.38 | -0.42 | 5.78 | 0.87 | 4.82 | 42.62 | 38.28 | 0.58 | -5.46 | 104.90 | -4.89 | -29.79 | 28.18 | -13.08 | -8.15 | 115.00 | -0.8 | -27.77 |
| 21Q3 (11) | 2.39 | -0.42 | 0.84 | 0.83 | 5.06 | 62.75 | 38.06 | 0.4 | -0.94 | 110.29 | -3.69 | -38.78 | 32.42 | -5.62 | 12.18 | 115.93 | -1.82 | -38.88 |
| 21Q2 (10) | 2.40 | 12.15 | 41.18 | 0.79 | 17.91 | 125.71 | 37.91 | -10.86 | -29.23 | 114.52 | -15.29 | -55.67 | 34.35 | 4.09 | -8.64 | 118.08 | -18.41 | -56.95 |
| 21Q1 (9) | 2.14 | -4.89 | -4.46 | 0.67 | 9.84 | 55.81 | 42.53 | 5.04 | 4.57 | 135.19 | -9.51 | -35.94 | 33.00 | 7.56 | -4.73 | 144.72 | -9.1 | -33.33 |
| 20Q4 (8) | 2.25 | -5.06 | 17.8 | 0.61 | 19.61 | 24.49 | 40.49 | 5.39 | -15.1 | 149.40 | -17.07 | -18.88 | 30.68 | 6.16 | -4.93 | 159.21 | -16.06 | -20.24 |
| 20Q3 (7) | 2.37 | 39.41 | 12.86 | 0.51 | 45.71 | -10.53 | 38.42 | -28.28 | -11.45 | 180.15 | -30.26 | 11.96 | 28.90 | -23.14 | -15.55 | 189.67 | -30.85 | 11.52 |
| 20Q2 (6) | 1.70 | -24.11 | -30.61 | 0.35 | -18.6 | -32.69 | 53.57 | 31.72 | 44.16 | 258.33 | 22.4 | 48.87 | 37.60 | 8.55 | -8.94 | 274.30 | 26.36 | 61.92 |
| 20Q1 (5) | 2.24 | 17.28 | -2.18 | 0.43 | -12.24 | -15.69 | 40.67 | -14.72 | 2.31 | 211.05 | 14.59 | 17.68 | 34.64 | 7.34 | -11.02 | 217.07 | 8.75 | 20.49 |
| 19Q4 (4) | 1.91 | -9.05 | 0.0 | 0.49 | -14.04 | 0.0 | 47.69 | 9.91 | 0.0 | 184.18 | 14.46 | 0.0 | 32.27 | -5.7 | 0.0 | 199.61 | 17.37 | 0.0 |
| 19Q3 (3) | 2.10 | -14.29 | 0.0 | 0.57 | 9.62 | 0.0 | 43.39 | 16.77 | 0.0 | 160.91 | -7.27 | 0.0 | 34.22 | -17.12 | 0.0 | 170.07 | 0.4 | 0.0 |
| 19Q2 (2) | 2.45 | 6.99 | 0.0 | 0.52 | 1.96 | 0.0 | 37.16 | -6.52 | 0.0 | 173.53 | -3.24 | 0.0 | 41.29 | 6.06 | 0.0 | 169.40 | -5.97 | 0.0 |
| 19Q1 (1) | 2.29 | 0.0 | 0.0 | 0.51 | 0.0 | 0.0 | 39.75 | 0.0 | 0.0 | 179.34 | 0.0 | 0.0 | 38.93 | 0.0 | 0.0 | 180.15 | 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) | 10.44 | 9.55 | 1.83 | -27.95 | 34.96 | -8.7 | 199.62 | 39.1 | 33.89 | 18.75 | 200.68 | 30.94 |
| 2022 (9) | 9.53 | 0.63 | 2.54 | -21.12 | 38.29 | -0.67 | 143.51 | 26.59 | 28.54 | 7.41 | 153.26 | 22.28 |
| 2021 (8) | 9.47 | 18.97 | 3.22 | 61.0 | 38.55 | -15.88 | 113.37 | -37.78 | 26.57 | -17.69 | 125.34 | -35.98 |
| 2020 (7) | 7.96 | -20.0 | 2.00 | -4.76 | 45.83 | 24.88 | 182.22 | 4.64 | 32.28 | 10.06 | 195.77 | 7.86 |
| 2019 (6) | 9.95 | 8.86 | 2.10 | -15.32 | 36.70 | -8.14 | 174.14 | 18.3 | 29.33 | -17.08 | 181.50 | 19.58 |
| 2018 (5) | 9.14 | -10.39 | 2.48 | -20.26 | 39.95 | 11.65 | 147.20 | 25.3 | 35.37 | -0.25 | 151.78 | 28.86 |
| 2017 (4) | 10.20 | -13.49 | 3.11 | -6.89 | 35.78 | 15.61 | 117.48 | 7.43 | 35.46 | -2.93 | 117.79 | 13.5 |
| 2016 (3) | 11.79 | -10.48 | 3.34 | -3.47 | 30.95 | 11.73 | 109.35 | 3.77 | 36.53 | 0.22 | 103.78 | 7.39 |
| 2015 (2) | 13.17 | 18.86 | 3.46 | 0.0 | 27.70 | -15.96 | 105.38 | -0.19 | 36.45 | -19.13 | 96.64 | 3.4 |
| 2014 (1) | 11.08 | -11.43 | 3.46 | -21.72 | 32.96 | 12.95 | 105.58 | 27.96 | 45.07 | 7.75 | 93.46 | 33.8 |
