- 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) | 0.90 | -3.23 | 47.54 | 1.68 | 13.51 | 4.35 | 101.53 | 4.04 | -32.02 | 54.16 | -12.08 | -4.02 | 84.11 | -9.91 | -3.32 | 71.58 | 8.73 | -39.74 |
| 23Q3 (19) | 0.93 | 20.78 | 50.0 | 1.48 | 28.7 | 9.63 | 97.59 | -17.94 | -33.06 | 61.60 | -22.23 | -8.69 | 93.36 | -16.52 | -4.26 | 65.83 | -23.71 | -43.13 |
| 23Q2 (18) | 0.77 | 4.05 | 67.39 | 1.15 | 9.52 | 2.68 | 118.92 | -2.89 | -39.45 | 79.21 | -8.82 | -2.49 | 111.84 | -12.64 | 8.62 | 86.29 | 6.14 | -50.6 |
| 23Q1 (17) | 0.74 | 21.31 | 21.31 | 1.05 | -34.78 | -18.6 | 122.46 | -18.01 | -18.14 | 86.87 | 53.94 | 23.61 | 128.02 | 47.15 | 41.54 | 81.30 | -31.55 | -37.18 |
| 22Q4 (16) | 0.61 | -1.61 | -32.97 | 1.61 | 19.26 | 1.9 | 149.36 | 2.45 | 49.72 | 56.43 | -16.35 | -2.03 | 87.00 | -10.78 | 40.78 | 118.78 | 2.62 | 24.3 |
| 22Q3 (15) | 0.62 | 34.78 | 29.17 | 1.35 | 20.54 | 21.62 | 145.79 | -25.77 | -22.63 | 67.46 | -16.95 | -18.07 | 97.51 | -5.29 | 52.77 | 115.75 | -33.74 | -44.07 |
| 22Q2 (14) | 0.46 | -24.59 | 155.56 | 1.12 | -13.18 | 41.77 | 196.41 | 31.3 | -60.36 | 81.23 | 15.58 | -29.38 | 102.96 | 13.83 | 25.96 | 174.68 | 34.98 | -66.97 |
| 22Q1 (13) | 0.61 | -32.97 | 238.89 | 1.29 | -18.35 | 41.76 | 149.59 | 49.95 | -69.93 | 70.28 | 22.01 | -29.49 | 90.45 | 46.36 | 12.91 | 129.41 | 35.42 | -74.97 |
| 21Q4 (12) | 0.91 | 89.58 | 225.0 | 1.58 | 42.34 | 16.18 | 99.76 | -47.06 | -68.89 | 57.60 | -30.05 | -13.77 | 61.80 | -3.18 | 5.53 | 95.56 | -53.82 | -70.95 |
| 21Q3 (11) | 0.48 | 166.67 | 45.45 | 1.11 | 40.51 | -26.97 | 188.44 | -61.97 | -32.2 | 82.34 | -28.42 | 37.81 | 63.83 | -21.91 | 29.63 | 206.95 | -60.86 | -28.26 |
| 21Q2 (10) | 0.18 | 0.0 | -28.0 | 0.79 | -13.19 | -34.17 | 495.49 | -0.4 | 33.63 | 115.03 | 15.4 | 51.38 | 81.74 | 2.03 | 17.93 | 528.78 | 2.27 | 40.08 |
| 21Q1 (9) | 0.18 | -35.71 | -21.74 | 0.91 | -33.09 | -32.09 | 497.47 | 55.12 | 24.8 | 99.68 | 49.22 | 47.28 | 80.11 | 36.8 | -14.58 | 517.05 | 57.19 | 38.8 |
| 20Q4 (8) | 0.28 | -15.15 | -33.33 | 1.36 | -10.53 | -22.29 | 320.71 | 15.38 | 49.62 | 66.80 | 11.8 | 28.73 | 58.56 | 18.93 | -12.24 | 328.94 | 14.03 | 64.88 |
| 20Q3 (7) | 0.33 | 32.0 | -13.16 | 1.52 | 26.67 | 13.43 | 277.95 | -25.04 | 15.37 | 59.75 | -21.37 | -12.25 | 49.24 | -28.96 | -27.05 | 288.47 | -23.58 | 19.44 |
| 20Q2 (6) | 0.25 | 8.7 | -21.88 | 1.20 | -10.45 | -17.81 | 370.80 | -6.98 | 28.44 | 75.99 | 12.28 | 21.53 | 69.31 | -26.09 | 35.0 | 377.48 | 1.33 | 25.87 |
| 20Q1 (5) | 0.23 | -45.24 | 53.33 | 1.34 | -23.43 | 21.82 | 398.61 | 85.96 | -34.25 | 67.68 | 30.43 | -18.03 | 93.78 | 40.54 | 24.99 | 372.51 | 86.72 | -39.31 |
| 19Q4 (4) | 0.42 | 10.53 | 0.0 | 1.75 | 30.6 | 0.0 | 214.35 | -11.03 | 0.0 | 51.89 | -23.79 | 0.0 | 66.73 | -1.14 | 0.0 | 199.50 | -17.39 | 0.0 |
| 19Q3 (3) | 0.38 | 18.75 | 0.0 | 1.34 | -8.22 | 0.0 | 240.92 | -16.55 | 0.0 | 68.09 | 8.89 | 0.0 | 67.50 | 31.48 | 0.0 | 241.51 | -19.47 | 0.0 |
| 19Q2 (2) | 0.32 | 113.33 | 0.0 | 1.46 | 32.73 | 0.0 | 288.69 | -52.38 | 0.0 | 62.53 | -24.27 | 0.0 | 51.34 | -31.57 | 0.0 | 299.89 | -51.14 | 0.0 |
| 19Q1 (1) | 0.15 | 0.0 | 0.0 | 1.10 | 0.0 | 0.0 | 606.23 | 0.0 | 0.0 | 82.57 | 0.0 | 0.0 | 75.03 | 0.0 | 0.0 | 613.76 | 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) | 3.01 | 36.82 | 5.26 | 2.14 | 121.23 | -26.86 | 69.37 | -2.1 | 108.00 | 4.03 | 82.61 | -37.78 |
| 2022 (9) | 2.20 | 66.67 | 5.15 | -4.81 | 165.74 | -40.22 | 70.86 | 5.1 | 103.82 | 37.86 | 132.78 | -50.71 |
| 2021 (8) | 1.32 | 24.53 | 5.41 | 2.66 | 277.27 | -19.56 | 67.42 | -2.64 | 75.31 | -14.59 | 269.37 | -17.31 |
| 2020 (7) | 1.06 | -14.52 | 5.27 | -25.46 | 344.69 | 17.33 | 69.25 | 34.13 | 88.17 | 11.4 | 325.77 | 22.35 |
| 2019 (6) | 1.24 | -23.93 | 7.07 | -8.66 | 293.79 | 31.42 | 51.63 | 9.48 | 79.15 | 16.09 | 266.27 | 31.47 |
| 2018 (5) | 1.63 | -35.32 | 7.74 | -5.15 | 223.55 | 54.3 | 47.16 | 5.39 | 68.18 | -15.2 | 202.54 | 85.43 |
| 2017 (4) | 2.52 | 0.0 | 8.16 | 8.8 | 144.88 | -0.12 | 44.75 | -8.07 | 80.40 | -24.24 | 109.23 | 24.68 |
| 2016 (3) | 2.52 | -7.69 | 7.50 | -14.09 | 145.06 | 8.5 | 48.68 | 16.4 | 106.13 | -6.63 | 87.61 | 41.63 |
| 2015 (2) | 2.73 | 1.11 | 8.73 | 15.94 | 133.70 | -1.01 | 41.82 | -13.74 | 113.66 | -5.34 | 61.86 | -2.55 |
| 2014 (1) | 2.70 | -10.89 | 7.53 | 16.38 | 135.07 | 12.08 | 48.48 | -14.04 | 120.07 | 16.28 | 63.48 | -13.81 |
