- 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) | 1.74 | 21.68 | -28.69 | 1.08 | -13.6 | 1.89 | 52.39 | -17.57 | 40.61 | 84.27 | 15.79 | -1.73 | 34.38 | -2.66 | 63.64 | 102.28 | 1.25 | 0.27 |
| 23Q3 (19) | 1.43 | -15.38 | -25.91 | 1.25 | -14.97 | 34.41 | 63.56 | 18.16 | 34.86 | 72.78 | 17.75 | -25.5 | 35.32 | 48.84 | 103.11 | 101.02 | 9.96 | -20.73 |
| 23Q2 (18) | 1.69 | -12.44 | 13.42 | 1.47 | 18.55 | 113.04 | 53.79 | 14.23 | -11.66 | 61.81 | -15.76 | -53.07 | 23.73 | 22.7 | 23.98 | 91.87 | -9.15 | -47.04 |
| 23Q1 (17) | 1.93 | -20.9 | 7.82 | 1.24 | 16.98 | 77.14 | 47.09 | 26.38 | -7.32 | 73.37 | -14.44 | -43.55 | 19.34 | -7.95 | -30.66 | 101.12 | -0.86 | -33.87 |
| 22Q4 (16) | 2.44 | 26.42 | 34.81 | 1.06 | 13.98 | 29.27 | 37.26 | -20.94 | -25.94 | 85.75 | -12.22 | -22.68 | 21.01 | 20.82 | -37.77 | 102.00 | -19.96 | -19.97 |
| 22Q3 (15) | 1.93 | 29.53 | -3.98 | 0.93 | 34.78 | -9.71 | 47.13 | -22.6 | 3.99 | 97.69 | -25.84 | 10.87 | 17.39 | -9.14 | -42.25 | 127.44 | -26.53 | 23.33 |
| 22Q2 (14) | 1.49 | -16.76 | -39.43 | 0.69 | -1.43 | -38.39 | 60.89 | 19.84 | 64.7 | 131.72 | 1.34 | 62.36 | 19.14 | -31.37 | -32.1 | 173.47 | 13.45 | 92.94 |
| 22Q1 (13) | 1.79 | -1.1 | -23.83 | 0.70 | -14.63 | -9.09 | 50.81 | 0.99 | 30.99 | 129.98 | 17.2 | 10.12 | 27.89 | -17.39 | -31.59 | 152.90 | 19.97 | 31.76 |
| 21Q4 (12) | 1.81 | -9.95 | -40.26 | 0.82 | -20.39 | -24.07 | 50.31 | 11.01 | 67.25 | 110.90 | 25.87 | 31.44 | 33.76 | 12.12 | 15.7 | 127.45 | 23.34 | 49.48 |
| 21Q3 (11) | 2.01 | -18.29 | -22.09 | 1.03 | -8.04 | -1.9 | 45.32 | 22.59 | 28.68 | 88.11 | 8.6 | 1.3 | 30.11 | 6.81 | -4.72 | 103.33 | 14.93 | 14.05 |
| 21Q2 (10) | 2.46 | 4.68 | 9.33 | 1.12 | 45.45 | -22.22 | 36.97 | -4.69 | -8.42 | 81.13 | -31.26 | 28.35 | 28.19 | -30.86 | -4.38 | 89.91 | -22.52 | 21.34 |
| 21Q1 (9) | 2.35 | -22.44 | -2.08 | 0.77 | -28.7 | -44.2 | 38.79 | 28.96 | 2.32 | 118.03 | 39.9 | 79.49 | 40.77 | 39.72 | 36.67 | 116.04 | 36.1 | 57.15 |
| 20Q4 (8) | 3.03 | 17.44 | -21.5 | 1.08 | 2.86 | -34.55 | 30.08 | -14.59 | 27.46 | 84.37 | -3.0 | 52.79 | 29.18 | -7.66 | 26.21 | 85.26 | -5.89 | 53.07 |
| 20Q3 (7) | 2.58 | 14.67 | -22.75 | 1.05 | -27.08 | -26.57 | 35.22 | -12.76 | 29.11 | 86.98 | 37.6 | 36.23 | 31.60 | 7.19 | 9.72 | 90.60 | 22.27 | 45.36 |
| 20Q2 (6) | 2.25 | -6.25 | -52.93 | 1.44 | 4.35 | -34.25 | 40.37 | 6.49 | 111.92 | 63.21 | -3.88 | 52.09 | 29.48 | -1.17 | 55.73 | 74.10 | 0.35 | 77.78 |
| 20Q1 (5) | 2.40 | -37.82 | -1.23 | 1.38 | -16.36 | 5.34 | 37.91 | 60.64 | 1.31 | 65.76 | 19.09 | -5.19 | 29.83 | 29.02 | -2.13 | 73.84 | 32.57 | -3.24 |
| 19Q4 (4) | 3.86 | 15.57 | 0.0 | 1.65 | 15.38 | 0.0 | 23.60 | -13.49 | 0.0 | 55.22 | -13.52 | 0.0 | 23.12 | -19.72 | 0.0 | 55.70 | -10.64 | 0.0 |
| 19Q3 (3) | 3.34 | -30.13 | 0.0 | 1.43 | -34.7 | 0.0 | 27.28 | 43.2 | 0.0 | 63.85 | 53.63 | 0.0 | 28.80 | 52.14 | 0.0 | 62.33 | 49.54 | 0.0 |
| 19Q2 (2) | 4.78 | 96.71 | 0.0 | 2.19 | 67.18 | 0.0 | 19.05 | -49.09 | 0.0 | 41.56 | -40.08 | 0.0 | 18.93 | -37.89 | 0.0 | 41.68 | -45.38 | 0.0 |
| 19Q1 (1) | 2.43 | 0.0 | 0.0 | 1.31 | 0.0 | 0.0 | 37.42 | 0.0 | 0.0 | 69.36 | 0.0 | 0.0 | 30.48 | 0.0 | 0.0 | 76.31 | 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) | 8.81 | 10.13 | 4.91 | 56.87 | 41.41 | -9.19 | 74.32 | -36.17 | 24.06 | -26.35 | 91.67 | -29.14 |
| 2022 (9) | 8.00 | -23.81 | 3.13 | -14.01 | 45.60 | 31.15 | 116.43 | 16.1 | 32.67 | 5.56 | 129.36 | 24.27 |
| 2021 (8) | 10.50 | -11.76 | 3.64 | -25.41 | 34.77 | 13.37 | 100.28 | 34.15 | 30.95 | 3.93 | 104.10 | 37.63 |
| 2020 (7) | 11.90 | 1.1 | 4.88 | -22.17 | 30.67 | -1.1 | 74.75 | 28.46 | 29.78 | 7.86 | 75.64 | 22.81 |
| 2019 (6) | 11.77 | 15.62 | 6.27 | 63.28 | 31.01 | -13.48 | 58.19 | -38.79 | 27.61 | -5.8 | 61.59 | -39.37 |
| 2018 (5) | 10.18 | -6.95 | 3.84 | 58.02 | 35.84 | 7.43 | 95.06 | -36.62 | 29.31 | -1.28 | 101.59 | -33.89 |
| 2017 (4) | 10.94 | 8.42 | 2.43 | 3.4 | 33.36 | -7.74 | 149.99 | -3.29 | 29.69 | -0.74 | 153.66 | -4.77 |
| 2016 (3) | 10.09 | 22.75 | 2.35 | 0.43 | 36.16 | -18.58 | 155.10 | -0.51 | 29.91 | -2.51 | 161.35 | -4.88 |
| 2015 (2) | 8.22 | -0.12 | 2.34 | 11.43 | 44.41 | 0.11 | 155.89 | -10.28 | 30.68 | 9.42 | 169.62 | -10.76 |
| 2014 (1) | 8.23 | 30.43 | 2.10 | 12.9 | 44.36 | -23.28 | 173.76 | -11.36 | 28.04 | -4.27 | 190.08 | -15.35 |
