- 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) | 1.21 | 14.15 | 37.5 | 0.51 | 24.39 | 104.0 | 75.08 | -12.71 | -27.18 | 176.87 | -20.03 | -51.53 | 48.57 | -7.94 | -20.69 | 203.38 | -20.06 | -50.0 |
| 23Q3 (19) | 1.06 | -12.4 | 35.9 | 0.41 | 20.59 | 41.38 | 86.01 | 14.03 | -26.34 | 221.16 | -17.83 | -28.83 | 52.76 | 37.93 | -39.79 | 254.42 | -16.95 | -25.14 |
| 23Q2 (18) | 1.21 | -8.33 | 40.7 | 0.34 | 17.24 | 13.33 | 75.43 | 9.27 | -28.78 | 269.15 | -12.89 | -11.94 | 38.25 | 14.15 | -65.65 | 306.33 | -11.07 | 2.04 |
| 23Q1 (17) | 1.32 | 50.0 | 24.53 | 0.29 | 16.0 | -25.64 | 69.03 | -33.05 | -19.86 | 308.97 | -15.33 | 31.2 | 33.51 | -45.28 | -63.49 | 344.48 | -15.31 | 49.87 |
| 22Q4 (16) | 0.88 | 12.82 | -12.87 | 0.25 | -13.79 | -47.92 | 103.11 | -11.7 | 13.93 | 364.90 | 17.43 | 94.26 | 61.24 | -30.11 | -33.45 | 406.77 | 19.68 | 118.32 |
| 22Q3 (15) | 0.78 | -9.3 | -30.97 | 0.29 | -3.33 | -57.97 | 116.77 | 10.25 | 44.5 | 310.73 | 1.66 | 134.69 | 87.62 | -21.31 | 7.14 | 339.88 | 13.21 | 158.62 |
| 22Q2 (14) | 0.86 | -18.87 | -8.51 | 0.30 | -23.08 | -53.85 | 105.91 | 22.95 | 9.42 | 305.66 | 29.8 | 119.08 | 111.35 | 21.31 | 28.79 | 300.22 | 30.62 | 100.35 |
| 22Q1 (13) | 1.06 | 4.95 | 39.47 | 0.39 | -18.75 | -38.1 | 86.14 | -4.82 | -27.9 | 235.49 | 25.37 | 63.53 | 91.79 | -0.25 | 6.73 | 229.85 | 23.36 | 29.51 |
| 21Q4 (12) | 1.01 | -10.62 | 14.77 | 0.48 | -30.43 | -37.66 | 90.50 | 11.99 | -12.8 | 187.84 | 41.87 | 58.78 | 92.02 | 12.52 | 38.31 | 186.32 | 41.77 | 19.77 |
| 21Q3 (11) | 1.13 | 20.21 | 17.71 | 0.69 | 6.15 | 0.0 | 80.81 | -16.51 | -15.04 | 132.40 | -5.1 | -0.01 | 81.78 | -5.41 | 29.36 | 131.42 | -12.3 | -20.01 |
| 21Q2 (10) | 0.94 | 23.68 | 9.3 | 0.65 | 3.17 | 20.37 | 96.79 | -18.99 | -8.46 | 139.52 | -3.11 | -17.24 | 86.46 | 0.53 | 7.7 | 149.85 | -15.56 | -22.77 |
| 21Q1 (9) | 0.76 | -13.64 | -19.15 | 0.63 | -18.18 | 16.67 | 119.48 | 15.12 | 23.67 | 144.00 | 21.72 | -13.84 | 86.00 | 29.26 | -0.97 | 177.47 | 14.08 | 0.32 |
| 20Q4 (8) | 0.88 | -8.33 | -21.43 | 0.77 | 11.59 | 14.93 | 103.79 | 9.13 | 28.17 | 118.30 | -10.66 | -12.37 | 66.53 | 5.24 | 0.23 | 155.56 | -5.32 | 3.98 |
| 20Q3 (7) | 0.96 | 11.63 | -13.51 | 0.69 | 27.78 | 13.11 | 95.11 | -10.04 | 16.47 | 132.41 | -21.46 | -10.59 | 63.22 | -21.25 | 0.78 | 164.30 | -15.32 | -1.63 |
| 20Q2 (6) | 0.86 | -8.51 | -27.12 | 0.54 | 0.0 | -6.9 | 105.73 | 9.44 | 36.92 | 168.59 | 0.87 | 7.76 | 80.28 | -7.55 | 57.17 | 194.03 | 9.68 | 6.27 |
| 20Q1 (5) | 0.94 | -16.07 | 5.62 | 0.54 | -19.4 | 28.57 | 96.61 | 19.3 | -5.27 | 167.13 | 23.8 | -23.71 | 86.84 | 30.82 | 39.55 | 176.91 | 18.26 | -31.64 |
| 19Q4 (4) | 1.12 | 0.9 | 0.0 | 0.67 | 9.84 | 0.0 | 80.98 | -0.83 | 0.0 | 135.00 | -8.84 | 0.0 | 66.38 | 5.82 | 0.0 | 149.60 | -10.44 | 0.0 |
| 19Q3 (3) | 1.11 | -5.93 | 0.0 | 0.61 | 5.17 | 0.0 | 81.66 | 5.75 | 0.0 | 148.09 | -5.34 | 0.0 | 62.73 | 22.81 | 0.0 | 167.03 | -8.52 | 0.0 |
| 19Q2 (2) | 1.18 | 32.58 | 0.0 | 0.58 | 38.1 | 0.0 | 77.22 | -24.28 | 0.0 | 156.45 | -28.58 | 0.0 | 51.08 | -17.92 | 0.0 | 182.58 | -29.45 | 0.0 |
| 19Q1 (1) | 0.89 | 0.0 | 0.0 | 0.42 | 0.0 | 0.0 | 101.98 | 0.0 | 0.0 | 219.06 | 0.0 | 0.0 | 62.23 | 0.0 | 0.0 | 258.81 | 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) | 5.77 | 17.76 | 1.55 | 15.67 | 63.26 | -15.01 | 235.24 | -13.36 | 41.22 | -40.72 | 257.28 | -6.92 |
| 2022 (9) | 4.90 | 18.93 | 1.34 | -39.64 | 74.43 | -15.92 | 271.51 | 64.77 | 69.54 | -9.39 | 276.40 | 56.55 |
| 2021 (8) | 4.12 | 20.47 | 2.22 | -18.38 | 88.52 | -16.95 | 164.78 | 22.71 | 76.75 | 1.97 | 176.56 | 6.62 |
| 2020 (7) | 3.42 | -21.2 | 2.72 | 21.97 | 106.58 | 26.81 | 134.28 | -17.83 | 75.27 | 16.55 | 165.60 | -9.45 |
| 2019 (6) | 4.34 | 18.9 | 2.23 | 3.24 | 84.05 | -15.86 | 163.41 | -3.2 | 64.58 | 2.09 | 182.88 | -10.98 |
| 2018 (5) | 3.65 | 4.58 | 2.16 | 3.35 | 99.89 | -4.41 | 168.81 | -3.23 | 63.26 | -10.22 | 205.44 | -1.45 |
| 2017 (4) | 3.49 | -37.68 | 2.09 | -19.92 | 104.50 | 60.3 | 174.44 | 24.86 | 70.46 | 9.9 | 208.47 | 48.07 |
| 2016 (3) | 5.60 | -9.09 | 2.61 | -7.45 | 65.19 | 9.99 | 139.71 | 8.09 | 64.11 | -13.89 | 140.79 | 23.42 |
| 2015 (2) | 6.16 | 25.97 | 2.82 | 14.17 | 59.27 | -20.62 | 129.25 | -12.43 | 74.45 | -5.42 | 114.07 | -20.54 |
| 2014 (1) | 4.89 | -2.0 | 2.47 | -24.23 | 74.67 | 2.08 | 147.60 | 31.9 | 78.72 | 18.09 | 143.55 | 21.24 |
