- 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) | 1.03 | -12.71 | -47.98 | 1.57 | -13.26 | -21.89 | 88.31 | 14.41 | 92.31 | 57.79 | 14.73 | 27.63 | 34.85 | 39.18 | 17.9 | 111.25 | 8.52 | 80.48 |
| 23Q3 (19) | 1.18 | 32.58 | -18.62 | 1.81 | 74.04 | 19.87 | 77.19 | -24.43 | 22.93 | 50.37 | -42.25 | -16.66 | 25.04 | -36.14 | -37.07 | 102.52 | -31.73 | 22.87 |
| 23Q2 (18) | 0.89 | -25.21 | -23.28 | 1.04 | -19.38 | -22.39 | 102.15 | 33.51 | 30.39 | 87.22 | 23.21 | 28.57 | 39.21 | -10.81 | -19.67 | 150.17 | 45.32 | 54.24 |
| 23Q1 (17) | 1.19 | -39.9 | -22.73 | 1.29 | -35.82 | -25.0 | 76.51 | 66.62 | 29.44 | 70.79 | 56.34 | 33.82 | 43.96 | 48.71 | 21.91 | 103.34 | 67.65 | 36.06 |
| 22Q4 (16) | 1.98 | 36.55 | 23.75 | 2.01 | 33.11 | 16.86 | 45.92 | -26.87 | -19.47 | 45.28 | -25.08 | -14.42 | 29.56 | -25.71 | -3.68 | 61.64 | -26.13 | -22.21 |
| 22Q3 (15) | 1.45 | 25.0 | 12.4 | 1.51 | 12.69 | 23.77 | 62.79 | -19.85 | -10.97 | 60.44 | -10.91 | -18.98 | 39.79 | -18.48 | -5.13 | 83.44 | -14.3 | -19.14 |
| 22Q2 (14) | 1.16 | -24.68 | 38.1 | 1.34 | -22.09 | 38.14 | 78.34 | 32.53 | -28.02 | 67.84 | 28.24 | -28.01 | 48.81 | 35.36 | -27.58 | 97.36 | 28.19 | -28.24 |
| 22Q1 (13) | 1.54 | -3.75 | 102.63 | 1.72 | 0.0 | 16.22 | 59.11 | 3.67 | -50.71 | 52.90 | -0.02 | -14.25 | 36.06 | 17.5 | -52.8 | 75.95 | -4.15 | -27.82 |
| 21Q4 (12) | 1.60 | 24.03 | 100.0 | 1.72 | 40.98 | 2.38 | 57.02 | -19.15 | -49.69 | 52.91 | -29.08 | -2.34 | 30.69 | -26.82 | -61.42 | 79.24 | -23.21 | -9.91 |
| 21Q3 (11) | 1.29 | 53.57 | 3.2 | 1.22 | 25.77 | -45.54 | 70.53 | -35.2 | -3.25 | 74.60 | -20.83 | 84.02 | 41.94 | -37.77 | -13.35 | 103.19 | -23.94 | 58.66 |
| 21Q2 (10) | 0.84 | 10.53 | -21.5 | 0.97 | -34.46 | -41.57 | 108.84 | -9.24 | 27.57 | 94.23 | 52.75 | 72.27 | 67.40 | -11.78 | 0.81 | 135.67 | 28.94 | 85.47 |
| 21Q1 (9) | 0.76 | -5.0 | -29.63 | 1.48 | -11.9 | -33.03 | 119.92 | 5.81 | 42.0 | 61.69 | 13.86 | 49.77 | 76.40 | -3.96 | 23.8 | 105.22 | 19.62 | 64.56 |
| 20Q4 (8) | 0.80 | -36.0 | -42.03 | 1.68 | -25.0 | -49.24 | 113.33 | 55.46 | 71.43 | 54.18 | 33.65 | 96.8 | 79.55 | 64.36 | 92.66 | 87.96 | 35.24 | 67.99 |
| 20Q3 (7) | 1.25 | 16.82 | 3.31 | 2.24 | 34.94 | -27.74 | 72.90 | -14.56 | -2.96 | 40.54 | -25.89 | 38.27 | 48.40 | -27.61 | 22.94 | 65.04 | -11.09 | -0.05 |
| 20Q2 (6) | 1.07 | -0.93 | -6.14 | 1.66 | -24.89 | -40.29 | 85.32 | 1.03 | 6.86 | 54.70 | 32.8 | 67.12 | 66.86 | 8.35 | 65.99 | 73.15 | 14.4 | 1.18 |
| 20Q1 (5) | 1.08 | -21.74 | -18.8 | 2.21 | -33.23 | -18.15 | 84.45 | 27.74 | 23.41 | 41.19 | 49.62 | 22.01 | 61.71 | 49.46 | 80.23 | 63.94 | 22.12 | -5.92 |
| 19Q4 (4) | 1.38 | 14.05 | 0.0 | 3.31 | 6.77 | 0.0 | 66.11 | -11.99 | 0.0 | 27.53 | -6.11 | 0.0 | 41.29 | 4.88 | 0.0 | 52.36 | -19.53 | 0.0 |
| 19Q3 (3) | 1.21 | 6.14 | 0.0 | 3.10 | 11.51 | 0.0 | 75.12 | -5.91 | 0.0 | 29.32 | -10.42 | 0.0 | 39.37 | -2.26 | 0.0 | 65.07 | -10.0 | 0.0 |
| 19Q2 (2) | 1.14 | -14.29 | 0.0 | 2.78 | 2.96 | 0.0 | 79.84 | 16.67 | 0.0 | 32.73 | -3.05 | 0.0 | 40.28 | 17.64 | 0.0 | 72.30 | 6.39 | 0.0 |
| 19Q1 (1) | 1.33 | 0.0 | 0.0 | 2.70 | 0.0 | 0.0 | 68.43 | 0.0 | 0.0 | 33.76 | 0.0 | 0.0 | 34.24 | 0.0 | 0.0 | 67.96 | 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) | 4.63 | -21.92 | 5.58 | -17.46 | 78.79 | 27.93 | 65.40 | 21.11 | 39.28 | 11.18 | 104.92 | 30.73 |
| 2022 (9) | 5.93 | 73.39 | 6.76 | 16.35 | 61.59 | -42.29 | 54.00 | -14.01 | 35.33 | -47.95 | 80.26 | -21.04 |
| 2021 (8) | 3.42 | -1.72 | 5.81 | -28.8 | 106.72 | 1.81 | 62.80 | 40.43 | 67.88 | -11.35 | 101.64 | 39.29 |
| 2020 (7) | 3.48 | -31.5 | 8.16 | -24.51 | 104.82 | 45.77 | 44.72 | 32.46 | 76.57 | 71.87 | 72.97 | 19.39 |
| 2019 (6) | 5.08 | -1.17 | 10.81 | 7.03 | 71.91 | 1.35 | 33.76 | -6.56 | 44.55 | 22.76 | 61.12 | -13.66 |
| 2018 (5) | 5.14 | 16.82 | 10.10 | 12.47 | 70.95 | -14.46 | 36.13 | -11.12 | 36.29 | -16.23 | 70.79 | -11.82 |
| 2017 (4) | 4.40 | 21.88 | 8.98 | 16.17 | 82.94 | -17.91 | 40.65 | -13.86 | 43.32 | -8.22 | 80.28 | -20.53 |
| 2016 (3) | 3.61 | 5.56 | 7.73 | 16.77 | 101.03 | -5.41 | 47.19 | -14.39 | 47.20 | 3.62 | 101.02 | -13.2 |
| 2015 (2) | 3.42 | 3.01 | 6.62 | -2.07 | 106.81 | -2.84 | 55.12 | 2.09 | 45.55 | -5.73 | 116.38 | 0.67 |
| 2014 (1) | 3.32 | -1.19 | 6.76 | -11.4 | 109.93 | 1.07 | 53.99 | 12.9 | 48.32 | 1.51 | 115.60 | 6.07 |
