- 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) | 0.33 | -2.94 | -15.38 | 1.04 | -2.8 | -17.46 | 273.88 | 0.9 | 16.46 | 87.54 | 2.45 | 20.74 | 71.65 | -2.28 | -9.83 | 289.77 | 2.19 | 26.98 |
| 23Q3 (19) | 0.34 | -8.11 | -17.07 | 1.07 | -7.76 | -24.65 | 271.44 | 8.9 | 21.05 | 85.45 | 8.99 | 33.41 | 73.32 | 8.8 | 7.38 | 283.56 | 8.95 | 28.89 |
| 23Q2 (18) | 0.37 | 8.82 | -15.91 | 1.16 | 10.48 | -18.31 | 249.26 | -7.91 | 20.88 | 78.40 | -9.55 | 22.23 | 67.39 | -20.83 | -1.68 | 260.27 | -4.39 | 28.97 |
| 23Q1 (17) | 0.34 | -12.82 | -30.61 | 1.05 | -16.67 | -25.53 | 270.66 | 15.09 | 45.34 | 86.68 | 19.56 | 34.7 | 85.12 | 7.12 | 52.22 | 272.22 | 19.28 | 39.84 |
| 22Q4 (16) | 0.39 | -4.88 | -11.36 | 1.26 | -11.27 | -11.89 | 235.18 | 4.88 | 13.68 | 72.50 | 13.19 | 14.07 | 79.46 | 16.37 | 28.76 | 228.21 | 3.73 | 9.34 |
| 22Q3 (15) | 0.41 | -6.82 | -4.65 | 1.42 | 0.0 | -23.24 | 224.23 | 8.74 | 6.79 | 64.05 | -0.14 | 30.29 | 68.28 | -0.38 | 18.62 | 220.00 | 9.01 | 9.14 |
| 22Q2 (14) | 0.44 | -10.2 | -16.98 | 1.42 | 0.71 | -31.73 | 206.21 | 10.73 | 19.86 | 64.14 | -0.33 | 46.44 | 68.54 | 22.57 | 73.3 | 201.81 | 3.67 | 14.48 |
| 22Q1 (13) | 0.49 | 11.36 | 16.67 | 1.41 | -1.4 | -6.62 | 186.23 | -9.98 | -14.7 | 64.35 | 1.24 | 6.75 | 55.92 | -9.38 | 1.82 | 194.66 | -6.74 | -12.97 |
| 21Q4 (12) | 0.44 | 2.33 | -20.0 | 1.43 | -22.7 | -25.52 | 206.87 | -1.48 | 24.45 | 63.56 | 29.29 | 34.46 | 61.71 | 7.21 | 39.71 | 208.72 | 3.55 | 23.26 |
| 21Q3 (11) | 0.43 | -18.87 | 10.26 | 1.85 | -11.06 | 17.09 | 209.97 | 22.05 | -9.14 | 49.16 | 12.24 | -14.43 | 57.56 | 45.54 | 13.04 | 201.57 | 14.34 | -15.17 |
| 21Q2 (10) | 0.53 | 26.19 | 3.92 | 2.08 | 37.75 | -16.8 | 172.04 | -21.2 | -3.25 | 43.80 | -27.34 | 20.43 | 39.55 | -27.99 | 38.24 | 176.29 | -21.19 | -5.01 |
| 21Q1 (9) | 0.42 | -23.64 | 23.53 | 1.51 | -21.35 | 0.0 | 218.32 | 31.34 | -17.67 | 60.28 | 27.52 | 0.3 | 54.92 | 24.34 | 9.01 | 223.68 | 32.1 | -18.64 |
| 20Q4 (8) | 0.55 | 41.03 | 25.0 | 1.92 | 21.52 | 8.47 | 166.23 | -28.07 | -19.98 | 47.27 | -17.72 | -8.11 | 44.17 | -13.26 | 11.71 | 169.33 | -28.74 | -22.91 |
| 20Q3 (7) | 0.39 | -23.53 | -2.5 | 1.58 | -36.8 | -6.51 | 231.10 | 29.96 | 0.71 | 57.45 | 57.96 | 6.67 | 50.92 | 77.98 | 29.67 | 237.63 | 28.05 | -2.63 |
| 20Q2 (6) | 0.51 | 50.0 | -7.27 | 2.50 | 65.56 | -8.76 | 177.82 | -32.95 | 6.71 | 36.37 | -39.48 | 9.61 | 28.61 | -43.21 | -1.79 | 185.58 | -32.49 | 8.72 |
| 20Q1 (5) | 0.34 | -22.73 | -32.0 | 1.51 | -14.69 | -31.67 | 265.19 | 27.66 | 47.13 | 60.10 | 16.84 | 46.19 | 50.38 | 27.42 | 67.71 | 274.91 | 25.16 | 43.7 |
| 19Q4 (4) | 0.44 | 10.0 | 0.0 | 1.77 | 4.73 | 0.0 | 207.73 | -9.47 | 0.0 | 51.44 | -4.49 | 0.0 | 39.54 | 0.69 | 0.0 | 219.64 | -10.0 | 0.0 |
| 19Q3 (3) | 0.40 | -27.27 | 0.0 | 1.69 | -38.32 | 0.0 | 229.46 | 37.7 | 0.0 | 53.86 | 62.33 | 0.0 | 39.27 | 34.81 | 0.0 | 244.04 | 42.97 | 0.0 |
| 19Q2 (2) | 0.55 | 10.0 | 0.0 | 2.74 | 23.98 | 0.0 | 166.64 | -7.55 | 0.0 | 33.18 | -19.29 | 0.0 | 29.13 | -3.03 | 0.0 | 170.69 | -10.78 | 0.0 |
| 19Q1 (1) | 0.50 | 0.0 | 0.0 | 2.21 | 0.0 | 0.0 | 180.24 | 0.0 | 0.0 | 41.11 | 0.0 | 0.0 | 30.04 | 0.0 | 0.0 | 191.31 | 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) | 1.43 | -23.94 | 4.36 | -19.56 | 255.76 | 31.41 | 83.67 | 24.18 | 84.94 | 30.9 | 254.49 | 29.11 |
| 2022 (9) | 1.88 | -3.59 | 5.42 | -9.67 | 194.63 | 4.12 | 67.38 | 10.79 | 64.89 | 24.33 | 197.11 | 0.79 |
| 2021 (8) | 1.95 | 4.84 | 6.00 | -15.85 | 186.93 | -4.9 | 60.82 | 18.77 | 52.19 | -2.32 | 195.57 | 0.63 |
| 2020 (7) | 1.86 | -12.26 | 7.13 | -17.29 | 196.57 | 14.3 | 51.21 | 20.95 | 53.43 | 41.99 | 194.35 | 9.99 |
| 2019 (6) | 2.12 | 6.53 | 8.62 | -10.95 | 171.98 | -6.14 | 42.34 | 12.25 | 37.63 | 5.2 | 176.69 | -4.58 |
| 2018 (5) | 1.99 | 19.88 | 9.68 | 1.15 | 183.23 | -16.65 | 37.72 | -1.1 | 35.77 | -20.69 | 185.18 | -13.01 |
| 2017 (4) | 1.66 | -4.05 | 9.57 | 17.86 | 219.84 | 3.9 | 38.14 | -15.15 | 45.10 | 9.28 | 212.88 | -1.11 |
| 2016 (3) | 1.73 | -12.18 | 8.12 | -23.61 | 211.59 | 14.43 | 44.95 | 30.94 | 41.27 | 14.29 | 215.27 | 17.55 |
| 2015 (2) | 1.97 | -16.88 | 10.63 | -15.84 | 184.91 | 19.89 | 34.33 | 18.75 | 36.11 | 5.52 | 183.13 | 22.96 |
| 2014 (1) | 2.37 | -12.22 | 12.63 | 60.89 | 154.23 | 14.24 | 28.91 | -37.8 | 34.22 | 4.87 | 148.93 | 0.05 |
