- 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) | 3.31 | 67.17 | 50.45 | 6.50 | 125.69 | 185.09 | 27.52 | -39.99 | -33.35 | 13.99 | -55.69 | -64.95 | 35.62 | -26.42 | 13.44 | 5.90 | -79.67 | -88.15 |
| 23Q3 (19) | 1.98 | -6.16 | -10.0 | 2.88 | -18.87 | 41.87 | 45.86 | 6.4 | 11.04 | 31.57 | 22.98 | -29.56 | 48.41 | 17.44 | 26.03 | 29.02 | 5.34 | -39.17 |
| 23Q2 (18) | 2.11 | 7.65 | -6.64 | 3.55 | 26.79 | 31.0 | 43.10 | -7.27 | 7.16 | 25.67 | -20.92 | -23.65 | 41.22 | -4.36 | -4.52 | 27.55 | -23.13 | -10.2 |
| 23Q1 (17) | 1.96 | -10.91 | -7.11 | 2.80 | 22.81 | 4.87 | 46.48 | 12.57 | 7.62 | 32.46 | -18.69 | -4.67 | 43.10 | 37.26 | -1.51 | 35.84 | -28.03 | 7.02 |
| 22Q4 (16) | 2.20 | 0.0 | 13.99 | 2.28 | 12.32 | -15.87 | 41.29 | -0.02 | -12.61 | 39.92 | -10.93 | 19.09 | 31.40 | -18.25 | -20.39 | 49.80 | 4.38 | 20.49 |
| 22Q3 (15) | 2.20 | -2.65 | 34.97 | 2.03 | -25.09 | -15.06 | 41.30 | 2.69 | -26.22 | 44.82 | 33.31 | 17.64 | 38.41 | -11.03 | -10.98 | 47.71 | 55.51 | -6.32 |
| 22Q2 (14) | 2.26 | 7.11 | -5.04 | 2.71 | 1.5 | -13.97 | 40.22 | -6.88 | 5.23 | 33.62 | -1.26 | 16.37 | 43.17 | -1.35 | 37.31 | 30.68 | -8.39 | -13.99 |
| 22Q1 (13) | 2.11 | 9.33 | 2.93 | 2.67 | -1.48 | 3.09 | 43.19 | -8.59 | -2.51 | 34.05 | 1.58 | -3.24 | 43.76 | 10.95 | 21.79 | 33.49 | -18.97 | -23.14 |
| 21Q4 (12) | 1.93 | 18.4 | -7.66 | 2.71 | 13.39 | -2.87 | 47.25 | -15.59 | 8.32 | 33.52 | -12.02 | 2.63 | 39.44 | -8.6 | 43.47 | 41.33 | -18.85 | -15.31 |
| 21Q3 (11) | 1.63 | -31.51 | -39.41 | 2.39 | -24.13 | 6.7 | 55.98 | 46.47 | 65.43 | 38.10 | 31.88 | -6.25 | 43.15 | 37.25 | 95.07 | 50.93 | 42.78 | -2.73 |
| 21Q2 (10) | 2.38 | 16.1 | 90.4 | 3.15 | 21.62 | 303.85 | 38.22 | -13.72 | -47.54 | 28.89 | -17.9 | -75.28 | 31.44 | -12.5 | -21.01 | 35.67 | -18.13 | -76.21 |
| 21Q1 (9) | 2.05 | -1.91 | 44.37 | 2.59 | -7.17 | 223.75 | 44.30 | 1.56 | -30.89 | 35.19 | 7.75 | -68.92 | 35.93 | 30.7 | 50.02 | 43.57 | -10.72 | -71.59 |
| 20Q4 (8) | 2.09 | -22.3 | 12.97 | 2.79 | 24.55 | 267.11 | 43.62 | 28.9 | -11.29 | 32.66 | -19.64 | -72.74 | 27.49 | 24.28 | -13.63 | 48.80 | -6.8 | -64.42 |
| 20Q3 (7) | 2.69 | 115.2 | 0.37 | 2.24 | 187.18 | 215.49 | 33.84 | -53.55 | -0.5 | 40.64 | -65.23 | -68.25 | 22.12 | -44.42 | -38.21 | 52.36 | -65.08 | -58.52 |
| 20Q2 (6) | 1.25 | -11.97 | -50.0 | 0.78 | -2.5 | 16.42 | 72.86 | 13.67 | 100.22 | 116.89 | 3.25 | -14.46 | 39.80 | 66.18 | 15.33 | 149.95 | -2.22 | 8.24 |
| 20Q1 (5) | 1.42 | -23.24 | -38.79 | 0.80 | 5.26 | 19.4 | 64.10 | 30.36 | 63.48 | 113.21 | -5.52 | -16.52 | 23.95 | -24.76 | -32.02 | 153.35 | 11.8 | 9.85 |
| 19Q4 (4) | 1.85 | -30.97 | 0.0 | 0.76 | 7.04 | 0.0 | 49.17 | 44.58 | 0.0 | 119.83 | -6.4 | 0.0 | 31.83 | -11.09 | 0.0 | 137.17 | 8.67 | 0.0 |
| 19Q3 (3) | 2.68 | 7.2 | 0.0 | 0.71 | 5.97 | 0.0 | 34.01 | -6.54 | 0.0 | 128.02 | -6.32 | 0.0 | 35.80 | 3.74 | 0.0 | 126.23 | -8.88 | 0.0 |
| 19Q2 (2) | 2.50 | 7.76 | 0.0 | 0.67 | 0.0 | 0.0 | 36.39 | -7.19 | 0.0 | 136.65 | 0.76 | 0.0 | 34.51 | -2.04 | 0.0 | 138.53 | -0.77 | 0.0 |
| 19Q1 (1) | 2.32 | 0.0 | 0.0 | 0.67 | 0.0 | 0.0 | 39.21 | 0.0 | 0.0 | 135.62 | 0.0 | 0.0 | 35.23 | 0.0 | 0.0 | 139.60 | 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) | 7.24 | -17.91 | 13.58 | 17.07 | 50.43 | 21.84 | 26.88 | -14.59 | 58.13 | 55.68 | 19.17 | -46.03 |
| 2022 (9) | 8.82 | 10.94 | 11.60 | 7.11 | 41.39 | -9.9 | 31.47 | -6.64 | 37.34 | -6.32 | 35.52 | -10.71 |
| 2021 (8) | 7.95 | 16.06 | 10.83 | 77.25 | 45.94 | -13.76 | 33.71 | -43.55 | 39.86 | 14.67 | 39.78 | -49.14 |
| 2020 (7) | 6.85 | -8.18 | 6.11 | 102.99 | 53.27 | 8.89 | 59.72 | -50.75 | 34.76 | 17.51 | 78.22 | -44.37 |
| 2019 (6) | 7.46 | -36.56 | 3.01 | -9.61 | 48.92 | 57.55 | 121.26 | 10.77 | 29.58 | -15.53 | 140.60 | 33.28 |
| 2018 (5) | 11.76 | -22.58 | 3.33 | 9.18 | 31.05 | 29.27 | 109.47 | -8.56 | 35.02 | -25.62 | 105.49 | 9.14 |
| 2017 (4) | 15.19 | -15.89 | 3.05 | 1.33 | 24.02 | 18.85 | 119.72 | -1.21 | 47.08 | 41.04 | 96.66 | -10.52 |
| 2016 (3) | 18.06 | 16.52 | 3.01 | -8.23 | 20.21 | -14.18 | 121.19 | 9.04 | 33.38 | 36.19 | 108.02 | -1.96 |
| 2015 (2) | 15.50 | -12.87 | 3.28 | -6.02 | 23.55 | 14.77 | 111.14 | 6.21 | 24.51 | -4.0 | 110.18 | 10.58 |
| 2014 (1) | 17.79 | 28.73 | 3.49 | 15.95 | 20.52 | -22.3 | 104.64 | -13.84 | 25.53 | -6.52 | 99.64 | -17.35 |
