- 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) | 0.85 | -12.37 | -27.97 | 1.12 | -5.08 | -24.83 | 107.52 | 14.88 | 39.26 | 81.22 | 5.59 | 33.39 | 10.00 | -19.16 | 87.27 | 178.74 | 13.03 | 34.64 |
| 23Q3 (19) | 0.97 | -24.81 | -45.81 | 1.18 | -17.48 | -28.48 | 93.59 | 32.73 | 83.65 | 76.92 | 20.47 | 39.1 | 12.37 | 35.49 | 210.03 | 158.14 | 26.29 | 54.63 |
| 23Q2 (18) | 1.29 | 27.72 | -36.14 | 1.43 | 27.68 | -6.54 | 70.51 | -21.79 | 56.27 | 63.85 | -21.61 | 7.65 | 9.13 | 42.66 | 94.26 | 125.22 | -24.21 | 25.56 |
| 23Q1 (17) | 1.01 | -14.41 | -36.08 | 1.12 | -24.83 | -30.0 | 90.16 | 16.77 | 56.61 | 81.45 | 33.77 | 43.57 | 6.40 | 19.85 | -6.02 | 165.21 | 24.45 | 53.7 |
| 22Q4 (16) | 1.18 | -34.08 | -27.16 | 1.49 | -9.7 | -47.16 | 77.21 | 51.51 | 37.6 | 60.89 | 10.11 | 88.98 | 5.34 | 33.83 | 19.2 | 132.75 | 29.8 | 58.32 |
| 22Q3 (15) | 1.79 | -11.39 | -12.68 | 1.65 | 7.84 | -46.08 | 50.96 | 12.94 | 14.83 | 55.30 | -6.76 | 85.82 | 3.99 | -15.11 | -38.14 | 102.27 | 2.55 | 51.06 |
| 22Q2 (14) | 2.02 | 27.85 | 11.6 | 1.53 | -4.38 | -26.44 | 45.12 | -21.63 | -10.21 | 59.31 | 4.55 | 35.26 | 4.70 | -30.98 | -57.23 | 99.73 | -7.22 | 20.0 |
| 22Q1 (13) | 1.58 | -2.47 | -2.47 | 1.60 | -43.26 | -33.33 | 57.57 | 2.6 | 2.69 | 56.73 | 76.07 | 49.6 | 6.81 | 52.01 | -18.25 | 107.49 | 28.19 | 25.5 |
| 21Q4 (12) | 1.62 | -20.98 | 84.09 | 2.82 | -7.84 | 95.83 | 56.11 | 26.43 | -45.67 | 32.22 | 8.27 | -49.12 | 4.48 | -30.54 | -70.53 | 83.85 | 23.86 | -44.62 |
| 21Q3 (11) | 2.05 | 13.26 | 89.81 | 3.06 | 47.12 | 61.9 | 44.38 | -11.68 | -47.09 | 29.76 | -32.13 | -38.17 | 6.45 | -41.31 | -43.12 | 67.70 | -18.54 | -43.89 |
| 21Q2 (10) | 1.81 | 11.73 | 22.3 | 2.08 | -13.33 | 5.58 | 50.25 | -10.36 | -18.03 | 43.85 | 15.64 | -5.11 | 10.99 | 31.93 | 21.71 | 83.11 | -2.97 | -15.61 |
| 21Q1 (9) | 1.62 | 84.09 | 5.88 | 2.40 | 66.67 | 46.34 | 56.06 | -45.72 | -5.99 | 37.92 | -40.12 | -31.58 | 8.33 | -45.2 | -0.95 | 85.65 | -43.43 | -19.69 |
| 20Q4 (8) | 0.88 | -18.52 | -52.43 | 1.44 | -23.81 | -31.43 | 103.28 | 23.13 | 110.18 | 63.33 | 31.58 | 46.02 | 15.20 | 34.04 | 91.44 | 151.41 | 25.48 | 79.04 |
| 20Q3 (7) | 1.08 | -27.03 | -40.98 | 1.89 | -4.06 | -12.9 | 83.88 | 36.84 | 68.74 | 48.13 | 4.15 | 14.98 | 11.34 | 25.58 | 27.7 | 120.66 | 22.52 | 45.92 |
| 20Q2 (6) | 1.48 | -3.27 | 12.98 | 1.97 | 20.12 | 11.93 | 61.30 | 2.8 | -11.65 | 46.21 | -16.62 | -10.83 | 9.03 | 7.37 | -18.94 | 98.48 | -7.66 | -10.52 |
| 20Q1 (5) | 1.53 | -17.3 | -9.47 | 1.64 | -21.9 | -25.11 | 59.63 | 21.35 | 10.59 | 55.42 | 27.78 | 33.16 | 8.41 | 5.92 | 7.96 | 106.65 | 26.11 | 21.54 |
| 19Q4 (4) | 1.85 | 1.09 | 0.0 | 2.10 | -3.23 | 0.0 | 49.14 | -1.15 | 0.0 | 43.37 | 3.61 | 0.0 | 7.94 | -10.59 | 0.0 | 84.57 | 2.27 | 0.0 |
| 19Q3 (3) | 1.83 | 39.69 | 0.0 | 2.17 | 23.3 | 0.0 | 49.71 | -28.35 | 0.0 | 41.86 | -19.22 | 0.0 | 8.88 | -20.29 | 0.0 | 82.69 | -24.87 | 0.0 |
| 19Q2 (2) | 1.31 | -22.49 | 0.0 | 1.76 | -19.63 | 0.0 | 69.38 | 28.67 | 0.0 | 51.82 | 24.51 | 0.0 | 11.14 | 43.0 | 0.0 | 110.06 | 25.42 | 0.0 |
| 19Q1 (1) | 1.69 | 0.0 | 0.0 | 2.19 | 0.0 | 0.0 | 53.92 | 0.0 | 0.0 | 41.62 | 0.0 | 0.0 | 7.79 | 0.0 | 0.0 | 87.75 | 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) | 3.53 | -48.54 | 4.23 | -51.04 | 103.40 | 94.36 | 86.31 | 104.24 | 7.29 | 88.86 | 182.43 | 99.16 |
| 2022 (9) | 6.86 | -5.25 | 8.64 | -13.34 | 53.20 | 5.58 | 42.26 | 15.46 | 3.86 | -33.9 | 91.60 | 12.86 |
| 2021 (8) | 7.24 | 26.35 | 9.97 | 47.05 | 50.39 | -20.91 | 36.60 | -32.05 | 5.84 | -34.31 | 81.16 | -25.32 |
| 2020 (7) | 5.73 | -21.07 | 6.78 | -9.6 | 63.71 | 26.81 | 53.86 | 10.73 | 8.89 | 35.11 | 108.68 | 17.75 |
| 2019 (6) | 7.26 | -23.98 | 7.50 | -7.41 | 50.24 | 31.38 | 48.64 | 7.87 | 6.58 | -1.05 | 92.30 | 20.37 |
| 2018 (5) | 9.55 | -17.67 | 8.10 | 13.13 | 38.24 | 21.55 | 45.09 | -11.5 | 6.65 | -9.15 | 76.68 | 2.1 |
| 2017 (4) | 11.60 | 13.95 | 7.16 | 7.83 | 31.46 | -12.25 | 50.95 | -7.33 | 7.32 | -3.94 | 75.10 | -9.75 |
| 2016 (3) | 10.18 | 16.21 | 6.64 | -10.87 | 35.85 | -13.93 | 54.98 | 12.2 | 7.62 | -12.61 | 83.21 | 1.56 |
| 2015 (2) | 8.76 | -36.34 | 7.45 | -27.6 | 41.65 | 57.05 | 49.00 | 38.11 | 8.72 | 76.16 | 81.93 | 43.61 |
| 2014 (1) | 13.76 | 9.47 | 10.29 | 66.24 | 26.52 | -8.65 | 35.48 | -39.84 | 4.95 | 46.45 | 57.05 | -32.6 |
