- 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) | 3.15 | 63.21 | 156.1 | 2.20 | 113.59 | 101.83 | 28.86 | -38.73 | -61.08 | 41.43 | -52.89 | -50.54 | 9.15 | 28.69 | -49.5 | 61.14 | -52.21 | -56.26 |
| 23Q3 (19) | 1.93 | 107.53 | 54.4 | 1.03 | 123.91 | -7.21 | 47.10 | -51.93 | -35.12 | 87.95 | -55.12 | 7.69 | 7.11 | 4.56 | -69.64 | 127.94 | -55.44 | -2.21 |
| 23Q2 (18) | 0.93 | 9.41 | -27.91 | 0.46 | -32.35 | -58.56 | 97.99 | -8.85 | 39.13 | 195.96 | 47.0 | 138.86 | 6.80 | -33.92 | -73.85 | 287.15 | 24.56 | 127.05 |
| 23Q1 (17) | 0.85 | -30.89 | -29.75 | 0.68 | -37.61 | -35.85 | 107.51 | 44.99 | 42.62 | 133.31 | 59.16 | 55.03 | 10.29 | -43.21 | -53.82 | 230.53 | 64.91 | 65.74 |
| 22Q4 (16) | 1.23 | -1.6 | -15.17 | 1.09 | -1.8 | -9.92 | 74.15 | 2.15 | 18.17 | 83.76 | 2.56 | 11.38 | 18.12 | -22.63 | 50.25 | 139.79 | 6.85 | 11.05 |
| 22Q3 (15) | 1.25 | -3.1 | -4.58 | 1.11 | 0.0 | 46.05 | 72.59 | 3.07 | 4.78 | 81.67 | -0.45 | -31.95 | 23.42 | -9.92 | -32.91 | 130.83 | 3.45 | -15.25 |
| 22Q2 (14) | 1.29 | 6.61 | -19.38 | 1.11 | 4.72 | 32.14 | 70.43 | -6.57 | 24.04 | 82.04 | -4.59 | -24.3 | 26.00 | 16.7 | -10.68 | 126.47 | -9.07 | -7.03 |
| 22Q1 (13) | 1.21 | -16.55 | 5.22 | 1.06 | -12.4 | 103.85 | 75.38 | 20.13 | -4.97 | 85.99 | 14.35 | -50.78 | 22.28 | 84.74 | -8.8 | 139.09 | 10.49 | -39.42 |
| 21Q4 (12) | 1.45 | 10.69 | 25.0 | 1.21 | 59.21 | 175.0 | 62.75 | -9.43 | -20.0 | 75.20 | -37.34 | -63.83 | 12.06 | -65.45 | -47.52 | 125.88 | -18.46 | -52.2 |
| 21Q3 (11) | 1.31 | -18.13 | 18.02 | 0.76 | -9.52 | 117.14 | 69.28 | 22.01 | -15.12 | 120.01 | 10.74 | -53.78 | 34.91 | 19.92 | 9.88 | 154.38 | 13.48 | -50.12 |
| 21Q2 (10) | 1.60 | 39.13 | 14.29 | 0.84 | 61.54 | 35.48 | 56.78 | -28.42 | -12.59 | 108.37 | -37.96 | -26.61 | 29.11 | 19.16 | -20.81 | 136.04 | -40.74 | -22.64 |
| 21Q1 (9) | 1.15 | -0.86 | -3.36 | 0.52 | 18.18 | -32.47 | 79.32 | 1.12 | 3.43 | 174.69 | -15.97 | 48.72 | 24.43 | 6.31 | -46.19 | 229.58 | -12.82 | 54.33 |
| 20Q4 (8) | 1.16 | 4.5 | -11.45 | 0.44 | 25.71 | -59.63 | 78.44 | -3.9 | 13.25 | 207.88 | -19.94 | 149.02 | 22.98 | -27.67 | -22.26 | 263.33 | -14.91 | 113.78 |
| 20Q3 (7) | 1.11 | -20.71 | 50.0 | 0.35 | -43.55 | -51.39 | 81.62 | 25.65 | -33.84 | 259.64 | 75.82 | 106.03 | 31.77 | -13.57 | -26.63 | 309.48 | 75.98 | 50.18 |
| 20Q2 (6) | 1.40 | 17.65 | 79.49 | 0.62 | -19.48 | -34.04 | 64.96 | -15.3 | -44.65 | 147.67 | 25.72 | 52.06 | 36.76 | -19.03 | -25.3 | 175.86 | 18.22 | 6.41 |
| 20Q1 (5) | 1.19 | -9.16 | 65.28 | 0.77 | -29.36 | -26.67 | 76.69 | 10.73 | -39.15 | 117.46 | 40.7 | 35.04 | 45.40 | 53.59 | -12.81 | 148.76 | 20.77 | -7.58 |
| 19Q4 (4) | 1.31 | 77.03 | 0.0 | 1.09 | 51.39 | 0.0 | 69.26 | -43.86 | 0.0 | 83.48 | -33.76 | 0.0 | 29.56 | -31.73 | 0.0 | 123.18 | -40.22 | 0.0 |
| 19Q3 (3) | 0.74 | -5.13 | 0.0 | 0.72 | -23.4 | 0.0 | 123.36 | 5.11 | 0.0 | 126.02 | 29.77 | 0.0 | 43.30 | -12.01 | 0.0 | 206.07 | 24.69 | 0.0 |
| 19Q2 (2) | 0.78 | 8.33 | 0.0 | 0.94 | -10.48 | 0.0 | 117.36 | -6.89 | 0.0 | 97.11 | 11.65 | 0.0 | 49.21 | -5.49 | 0.0 | 165.26 | 2.67 | 0.0 |
| 19Q1 (1) | 0.72 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 126.04 | 0.0 | 0.0 | 86.98 | 0.0 | 0.0 | 52.07 | 0.0 | 0.0 | 160.96 | 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) | 4.09 | -9.51 | 4.97 | 9.71 | 89.19 | 10.56 | 73.46 | -8.82 | 8.63 | -17.42 | 154.02 | 2.14 |
| 2022 (9) | 4.52 | -2.59 | 4.53 | 34.02 | 80.67 | 2.62 | 80.57 | -25.5 | 10.45 | -33.44 | 150.79 | -11.84 |
| 2021 (8) | 4.64 | 10.48 | 3.38 | 34.66 | 78.61 | -9.45 | 108.15 | -25.59 | 15.70 | -58.71 | 171.05 | -11.9 |
| 2020 (7) | 4.20 | 29.23 | 2.51 | -36.78 | 86.81 | -22.59 | 145.35 | 58.04 | 38.02 | -20.68 | 194.15 | 24.31 |
| 2019 (6) | 3.25 | -22.06 | 3.97 | -10.18 | 112.14 | 28.16 | 91.97 | 11.29 | 47.93 | -21.48 | 156.18 | 43.15 |
| 2018 (5) | 4.17 | -26.46 | 4.42 | -28.25 | 87.50 | 36.0 | 82.64 | 39.5 | 61.04 | 17.43 | 109.10 | 52.37 |
| 2017 (4) | 5.67 | 26.85 | 6.16 | -38.83 | 64.34 | -21.13 | 59.24 | 63.47 | 51.98 | 114.79 | 71.60 | -23.53 |
| 2016 (3) | 4.47 | 10.64 | 10.07 | 9.22 | 81.58 | -9.61 | 36.24 | -8.48 | 24.20 | 90.4 | 93.63 | -20.06 |
| 2015 (2) | 4.04 | -38.23 | 9.22 | 6.34 | 90.25 | 61.68 | 39.60 | -5.94 | 12.71 | 22.8 | 117.13 | 33.76 |
| 2014 (1) | 6.54 | -21.58 | 8.67 | 24.21 | 55.82 | 27.47 | 42.10 | -19.47 | 10.35 | -44.89 | 87.57 | 13.32 |
