- 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) | 3.79 | 16.26 | 112.92 | 1.65 | -2.37 | 120.0 | 24.01 | -13.94 | -52.94 | 55.27 | 2.75 | -54.69 | 35.26 | 23.42 | -53.69 | 44.01 | -17.15 | -54.55 |
| 23Q3 (19) | 3.26 | 44.89 | 162.9 | 1.69 | 67.33 | 177.05 | 27.90 | -30.89 | -62.07 | 53.79 | -40.03 | -63.96 | 28.57 | -18.44 | -69.9 | 53.12 | -44.11 | -58.46 |
| 23Q2 (18) | 2.25 | 6.64 | 78.57 | 1.01 | 20.24 | 62.9 | 40.37 | -6.27 | -44.08 | 89.70 | -16.71 | -38.54 | 35.03 | -34.2 | -57.36 | 95.04 | -2.56 | -30.11 |
| 23Q1 (17) | 2.11 | 18.54 | 71.54 | 0.84 | 12.0 | 35.48 | 43.07 | -15.58 | -41.59 | 107.70 | -11.7 | -26.9 | 53.24 | -30.08 | -16.85 | 97.54 | 0.72 | -37.89 |
| 22Q4 (16) | 1.78 | 43.55 | 9.88 | 0.75 | 22.95 | 2.74 | 51.02 | -30.64 | -8.91 | 121.97 | -18.27 | -2.66 | 76.14 | -19.79 | 41.34 | 96.84 | -24.27 | -24.01 |
| 22Q3 (15) | 1.24 | -1.59 | -16.22 | 0.61 | -1.61 | -17.57 | 73.56 | 1.9 | 19.55 | 149.24 | 2.25 | 21.35 | 94.92 | 15.53 | 89.08 | 127.88 | -5.96 | -4.78 |
| 22Q2 (14) | 1.26 | 2.44 | -41.67 | 0.62 | 0.0 | -24.39 | 72.19 | -2.1 | 71.19 | 145.96 | -0.93 | 32.29 | 82.16 | 28.31 | 118.39 | 135.99 | -13.4 | 18.38 |
| 22Q1 (13) | 1.23 | -24.07 | -16.33 | 0.62 | -15.07 | -6.06 | 73.74 | 31.66 | 19.46 | 147.33 | 17.58 | 6.21 | 64.03 | 18.86 | 46.29 | 157.04 | 23.23 | 0.23 |
| 21Q4 (12) | 1.62 | 9.46 | 3.85 | 0.73 | -1.35 | -14.12 | 56.01 | -8.97 | -3.93 | 125.30 | 1.89 | 17.37 | 53.87 | 7.31 | 37.04 | 127.44 | -5.11 | 1.34 |
| 21Q3 (11) | 1.48 | -31.48 | -15.43 | 0.74 | -9.76 | -10.84 | 61.53 | 45.91 | 18.03 | 122.98 | 11.47 | 12.68 | 50.20 | 33.44 | 6.4 | 134.30 | 16.9 | 17.72 |
| 21Q2 (10) | 2.16 | 46.94 | -5.68 | 0.82 | 24.24 | -2.38 | 42.17 | -31.69 | 6.14 | 110.33 | -20.47 | 1.68 | 37.62 | -14.05 | -25.19 | 114.88 | -26.68 | 17.3 |
| 21Q1 (9) | 1.47 | -5.77 | -9.26 | 0.66 | -22.35 | -15.38 | 61.73 | 5.88 | 9.74 | 138.72 | 29.94 | 18.78 | 43.77 | 11.35 | -27.41 | 156.68 | 24.59 | 38.99 |
| 20Q4 (8) | 1.56 | -10.86 | -2.5 | 0.85 | 2.41 | -14.14 | 58.30 | 11.84 | 2.59 | 106.76 | -2.18 | 16.12 | 39.31 | -16.68 | -29.2 | 125.76 | 10.24 | 34.86 |
| 20Q3 (7) | 1.75 | -23.58 | 22.38 | 0.83 | -1.19 | -20.19 | 52.13 | 31.21 | -18.06 | 109.14 | 0.58 | 24.29 | 47.18 | -6.18 | -19.93 | 114.08 | 16.48 | 23.32 |
| 20Q2 (6) | 2.29 | 41.36 | 86.18 | 0.84 | 7.69 | -8.7 | 39.73 | -29.37 | -46.41 | 108.51 | -7.09 | 9.82 | 50.29 | -16.6 | -23.52 | 97.94 | -13.12 | -8.64 |
| 20Q1 (5) | 1.62 | 1.25 | 30.65 | 0.78 | -21.21 | -9.3 | 56.25 | -1.02 | -23.13 | 116.79 | 27.03 | 10.5 | 60.30 | 8.61 | 2.73 | 112.73 | 20.89 | -6.19 |
| 19Q4 (4) | 1.60 | 11.89 | 0.0 | 0.99 | -4.81 | 0.0 | 56.83 | -10.67 | 0.0 | 91.94 | 4.7 | 0.0 | 55.52 | -5.77 | 0.0 | 93.25 | 0.8 | 0.0 |
| 19Q3 (3) | 1.43 | 16.26 | 0.0 | 1.04 | 13.04 | 0.0 | 63.62 | -14.19 | 0.0 | 87.81 | -11.13 | 0.0 | 58.92 | -10.4 | 0.0 | 92.51 | -13.7 | 0.0 |
| 19Q2 (2) | 1.23 | -0.81 | 0.0 | 0.92 | 6.98 | 0.0 | 74.14 | 1.31 | 0.0 | 98.81 | -6.51 | 0.0 | 65.76 | 12.03 | 0.0 | 107.20 | -10.79 | 0.0 |
| 19Q1 (1) | 1.24 | 0.0 | 0.0 | 0.86 | 0.0 | 0.0 | 73.18 | 0.0 | 0.0 | 105.69 | 0.0 | 0.0 | 58.70 | 0.0 | 0.0 | 120.17 | 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) | 10.66 | 56.08 | 4.64 | 90.95 | 34.25 | -35.9 | 78.66 | -47.55 | 50.90 | -40.57 | 62.01 | -47.34 |
| 2022 (9) | 6.83 | 8.76 | 2.43 | -17.35 | 53.43 | -8.04 | 149.97 | 20.63 | 85.65 | 72.2 | 117.75 | -11.25 |
| 2021 (8) | 6.28 | -14.91 | 2.94 | -18.56 | 58.10 | 17.52 | 124.32 | 22.83 | 49.74 | 3.39 | 132.68 | 29.38 |
| 2020 (7) | 7.38 | 25.3 | 3.61 | 0.28 | 49.44 | -20.19 | 101.21 | -0.08 | 48.11 | -13.77 | 102.55 | -4.56 |
| 2019 (6) | 5.89 | 18.27 | 3.60 | -1.91 | 61.95 | -15.51 | 101.29 | 1.78 | 55.79 | 35.51 | 107.45 | -18.39 |
| 2018 (5) | 4.98 | 17.73 | 3.67 | 47.98 | 73.32 | -15.0 | 99.52 | -32.44 | 41.17 | -19.35 | 131.67 | -27.86 |
| 2017 (4) | 4.23 | 44.86 | 2.48 | -22.01 | 86.26 | -31.1 | 147.31 | 28.31 | 51.05 | -38.85 | 182.52 | 16.62 |
| 2016 (3) | 2.92 | -23.56 | 3.18 | -36.78 | 125.19 | 30.94 | 114.81 | 58.16 | 83.49 | 8.4 | 156.51 | 71.65 |
| 2015 (2) | 3.82 | -4.02 | 5.03 | 9.35 | 95.61 | 4.13 | 72.59 | -8.46 | 77.02 | 17.27 | 91.18 | -13.52 |
| 2014 (1) | 3.98 | 20.61 | 4.60 | 14.43 | 91.82 | -16.93 | 79.30 | -12.65 | 65.68 | -15.03 | 105.44 | -14.97 |
