- 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) | 0.51 | -20.31 | -37.04 | 0.20 | 5.26 | -13.04 | 179.46 | 26.03 | 59.18 | 463.40 | -0.82 | 17.36 | 46.67 | -40.52 | -52.53 | 596.20 | 12.24 | 45.67 |
| 23Q3 (19) | 0.64 | -18.99 | -30.43 | 0.19 | -17.39 | -34.48 | 142.40 | 23.57 | 43.2 | 467.23 | 17.99 | 47.74 | 78.46 | -1.83 | 2.5 | 531.17 | 23.15 | 56.62 |
| 23Q2 (18) | 0.79 | -3.66 | -31.9 | 0.23 | 4.55 | -34.29 | 115.24 | 3.86 | 46.49 | 395.98 | -3.12 | 52.29 | 79.92 | -13.73 | 25.21 | 431.31 | 0.99 | 56.93 |
| 23Q1 (17) | 0.82 | 1.23 | -18.0 | 0.22 | -4.35 | -15.38 | 110.96 | -1.58 | 22.5 | 408.75 | 3.52 | 17.45 | 92.64 | -5.78 | -11.16 | 427.08 | 4.35 | 27.75 |
| 22Q4 (16) | 0.81 | -11.96 | -14.74 | 0.23 | -20.69 | -30.3 | 112.74 | 13.37 | 17.08 | 394.87 | 24.86 | 42.0 | 98.32 | 28.44 | -7.09 | 409.29 | 20.68 | 52.41 |
| 22Q3 (15) | 0.92 | -20.69 | -8.91 | 0.29 | -17.14 | -27.5 | 99.44 | 26.4 | 10.04 | 316.25 | 21.63 | 39.18 | 76.55 | 19.93 | -21.43 | 339.15 | 23.39 | 54.04 |
| 22Q2 (14) | 1.16 | 16.0 | 36.47 | 0.35 | 34.62 | -18.6 | 78.67 | -13.15 | -26.48 | 260.01 | -25.29 | 23.39 | 63.83 | -38.79 | -28.93 | 274.85 | -17.78 | 20.6 |
| 22Q1 (13) | 1.00 | 5.26 | 69.49 | 0.26 | -21.21 | -29.73 | 90.58 | -5.93 | -41.72 | 348.01 | 25.15 | 40.53 | 104.28 | -1.46 | -0.21 | 334.30 | 24.48 | 11.97 |
| 21Q4 (12) | 0.95 | -5.94 | 31.94 | 0.33 | -17.5 | -32.65 | 96.29 | 6.55 | -23.72 | 278.08 | 22.38 | 50.22 | 105.82 | 8.61 | 31.65 | 268.55 | 21.97 | 16.27 |
| 21Q3 (11) | 1.01 | 18.82 | 34.67 | 0.40 | -6.98 | -16.67 | 90.37 | -15.55 | -25.74 | 227.23 | 7.84 | 19.39 | 97.43 | 8.48 | 24.72 | 220.17 | -3.4 | -5.87 |
| 21Q2 (10) | 0.85 | 44.07 | 4.94 | 0.43 | 16.22 | -14.0 | 107.01 | -31.14 | -4.31 | 210.72 | -14.91 | 15.08 | 89.81 | -14.06 | 37.64 | 227.91 | -23.66 | -0.77 |
| 21Q1 (9) | 0.59 | -18.06 | -15.71 | 0.37 | -24.49 | -7.5 | 155.41 | 23.12 | 20.21 | 247.64 | 33.78 | 8.04 | 104.50 | 30.01 | 57.14 | 298.56 | 29.26 | 2.25 |
| 20Q4 (8) | 0.72 | -4.0 | 2.86 | 0.49 | 2.08 | 28.95 | 126.23 | 3.72 | -2.56 | 185.11 | -2.74 | -23.54 | 80.38 | 2.89 | 21.42 | 230.97 | -1.26 | -24.39 |
| 20Q3 (7) | 0.75 | -7.41 | 29.31 | 0.48 | -4.0 | 50.0 | 121.70 | 8.83 | -22.06 | 190.33 | 3.95 | -33.92 | 78.12 | 19.72 | -6.97 | 233.91 | 1.84 | -35.06 |
| 20Q2 (6) | 0.81 | 15.71 | 17.39 | 0.50 | 25.0 | 21.95 | 111.83 | -13.5 | -15.29 | 183.10 | -20.12 | -17.8 | 65.25 | -1.88 | -3.62 | 229.68 | -21.34 | -19.99 |
| 20Q1 (5) | 0.70 | 0.0 | 27.27 | 0.40 | 5.26 | 29.03 | 129.28 | -0.21 | -22.33 | 229.22 | -5.32 | -23.06 | 66.50 | 0.45 | -43.5 | 292.00 | -4.41 | -15.77 |
| 19Q4 (4) | 0.70 | 20.69 | 0.0 | 0.38 | 18.75 | 0.0 | 129.55 | -17.03 | 0.0 | 242.11 | -15.94 | 0.0 | 66.20 | -21.16 | 0.0 | 305.47 | -15.19 | 0.0 |
| 19Q3 (3) | 0.58 | -15.94 | 0.0 | 0.32 | -21.95 | 0.0 | 156.15 | 18.28 | 0.0 | 288.01 | 29.3 | 0.0 | 83.97 | 24.03 | 0.0 | 360.19 | 25.47 | 0.0 |
| 19Q2 (2) | 0.69 | 25.45 | 0.0 | 0.41 | 32.26 | 0.0 | 132.02 | -20.68 | 0.0 | 222.75 | -25.23 | 0.0 | 67.70 | -42.48 | 0.0 | 287.07 | -17.19 | 0.0 |
| 19Q1 (1) | 0.55 | 0.0 | 0.0 | 0.31 | 0.0 | 0.0 | 166.44 | 0.0 | 0.0 | 297.92 | 0.0 | 0.0 | 117.69 | 0.0 | 0.0 | 346.67 | 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) | 3.04 | -25.12 | 0.89 | -19.09 | 120.18 | 33.56 | 411.08 | 24.07 | 64.83 | -33.51 | 466.43 | 44.04 |
| 2022 (9) | 4.06 | 19.06 | 1.10 | -29.49 | 89.98 | -16.05 | 331.34 | 41.31 | 97.51 | 8.22 | 323.81 | 28.72 |
| 2021 (8) | 3.41 | 15.99 | 1.56 | -15.68 | 107.18 | -13.57 | 234.48 | 18.78 | 90.10 | 29.34 | 251.56 | -0.08 |
| 2020 (7) | 2.94 | 18.55 | 1.85 | 27.59 | 124.01 | -15.67 | 197.41 | -21.49 | 69.66 | -26.61 | 251.77 | -17.07 |
| 2019 (6) | 2.48 | -40.81 | 1.45 | -35.84 | 147.06 | 68.72 | 251.45 | 55.46 | 94.92 | -0.61 | 303.59 | 97.88 |
| 2018 (5) | 4.19 | 4.49 | 2.26 | -21.53 | 87.16 | -4.35 | 161.75 | 27.6 | 95.50 | 1.69 | 153.42 | 23.76 |
| 2017 (4) | 4.01 | 52.47 | 2.88 | 36.49 | 91.12 | -34.34 | 126.76 | -26.8 | 93.91 | -6.73 | 123.97 | -41.31 |
| 2016 (3) | 2.63 | 10.97 | 2.11 | -1.4 | 138.77 | -9.73 | 173.16 | 1.69 | 100.69 | -25.77 | 211.23 | 12.15 |
| 2015 (2) | 2.37 | -9.54 | 2.14 | -18.01 | 153.72 | 10.19 | 170.28 | 21.66 | 135.65 | -21.76 | 188.34 | 77.53 |
| 2014 (1) | 2.62 | -19.63 | 2.61 | -22.32 | 139.50 | 24.77 | 139.96 | 28.89 | 173.37 | 42.69 | 106.09 | 7.28 |
