- 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) | 0.56 | -11.11 | 30.23 | 2.37 | -0.84 | 15.05 | 162.81 | 12.06 | -22.28 | 38.39 | 0.84 | -13.26 | 31.70 | -6.76 | -28.1 | 169.50 | 13.48 | -19.15 |
| 23Q3 (19) | 0.63 | 21.15 | 14.55 | 2.39 | 18.91 | 11.68 | 145.29 | -16.42 | -12.37 | 38.07 | -15.81 | -10.51 | 34.00 | -11.55 | -19.64 | 149.36 | -17.3 | -10.04 |
| 23Q2 (18) | 0.52 | 13.04 | 8.33 | 2.01 | 2.55 | 5.24 | 173.83 | -11.64 | -8.91 | 45.22 | -2.69 | -4.96 | 38.44 | -6.04 | -19.68 | 180.60 | -10.72 | -5.22 |
| 23Q1 (17) | 0.46 | 6.98 | -9.8 | 1.96 | -4.85 | -4.85 | 196.72 | -6.09 | 11.29 | 46.47 | 4.99 | 5.45 | 40.91 | -7.21 | -20.25 | 202.29 | -3.51 | 19.33 |
| 22Q4 (16) | 0.43 | -21.82 | -37.68 | 2.06 | -3.74 | -15.23 | 209.48 | 26.34 | 58.06 | 44.26 | 4.04 | 18.34 | 44.09 | 4.21 | 2.39 | 209.65 | 26.27 | 65.25 |
| 22Q3 (15) | 0.55 | 14.58 | -20.29 | 2.14 | 12.04 | -8.94 | 165.80 | -13.12 | 26.38 | 42.54 | -10.59 | 10.01 | 42.31 | -11.6 | 5.09 | 166.03 | -12.87 | 28.11 |
| 22Q2 (14) | 0.48 | -5.88 | 0.0 | 1.91 | -7.28 | -8.61 | 190.84 | 7.97 | 0.93 | 47.58 | 7.96 | 9.2 | 47.86 | -6.71 | -0.85 | 190.55 | 12.41 | 3.35 |
| 22Q1 (13) | 0.51 | -26.09 | -7.27 | 2.06 | -15.23 | -14.52 | 176.76 | 33.37 | 6.81 | 44.07 | 17.83 | 16.83 | 51.30 | 19.14 | 11.69 | 169.52 | 33.62 | 7.78 |
| 21Q4 (12) | 0.69 | 0.0 | 7.81 | 2.43 | 3.4 | -8.65 | 132.53 | 1.02 | -6.28 | 37.40 | -3.28 | 9.52 | 43.06 | 6.95 | -6.57 | 126.87 | -2.11 | -2.0 |
| 21Q3 (11) | 0.69 | 43.75 | -6.76 | 2.35 | 12.44 | -9.62 | 131.19 | -30.62 | 6.24 | 38.67 | -11.25 | 10.39 | 40.26 | -16.59 | -7.77 | 129.60 | -29.71 | 12.83 |
| 21Q2 (10) | 0.48 | -12.73 | -48.39 | 2.09 | -13.28 | -11.44 | 189.08 | 14.25 | 93.2 | 43.57 | 15.51 | 13.11 | 48.27 | 5.09 | 11.04 | 184.37 | 17.22 | 98.42 |
| 21Q1 (9) | 0.55 | -14.06 | 14.58 | 2.41 | -9.4 | 38.51 | 165.49 | 17.03 | -12.22 | 37.72 | 10.45 | -27.75 | 45.93 | -0.35 | -36.34 | 157.28 | 21.49 | -6.71 |
| 20Q4 (8) | 0.64 | -13.51 | -9.86 | 2.66 | 2.31 | -5.0 | 141.41 | 14.52 | 10.64 | 34.15 | -2.51 | 4.98 | 46.09 | 5.59 | -6.32 | 129.46 | 12.71 | 16.47 |
| 20Q3 (7) | 0.74 | -20.43 | -2.63 | 2.60 | 10.17 | 0.0 | 123.48 | 26.17 | 3.29 | 35.03 | -9.06 | 0.2 | 43.65 | 0.41 | -5.58 | 114.86 | 23.61 | 6.09 |
| 20Q2 (6) | 0.93 | 93.75 | 60.34 | 2.36 | 35.63 | -2.07 | 97.87 | -48.09 | -37.84 | 38.52 | -26.22 | 1.99 | 43.47 | -39.75 | -3.51 | 92.92 | -44.88 | -38.12 |
| 20Q1 (5) | 0.48 | -32.39 | 0.0 | 1.74 | -37.86 | -18.31 | 188.53 | 47.51 | -0.3 | 52.21 | 60.5 | 22.01 | 72.15 | 46.65 | 34.43 | 168.59 | 51.68 | -5.4 |
| 19Q4 (4) | 0.71 | -6.58 | 0.0 | 2.80 | 7.69 | 0.0 | 127.81 | 6.91 | 0.0 | 32.53 | -6.95 | 0.0 | 49.20 | 6.42 | 0.0 | 111.15 | 2.66 | 0.0 |
| 19Q3 (3) | 0.76 | 31.03 | 0.0 | 2.60 | 7.88 | 0.0 | 119.55 | -24.07 | 0.0 | 34.96 | -7.44 | 0.0 | 46.23 | 2.62 | 0.0 | 108.27 | -27.9 | 0.0 |
| 19Q2 (2) | 0.58 | 20.83 | 0.0 | 2.41 | 13.15 | 0.0 | 157.45 | -16.74 | 0.0 | 37.77 | -11.73 | 0.0 | 45.05 | -16.06 | 0.0 | 150.17 | -15.74 | 0.0 |
| 19Q1 (1) | 0.48 | 0.0 | 0.0 | 2.13 | 0.0 | 0.0 | 189.10 | 0.0 | 0.0 | 42.79 | 0.0 | 0.0 | 53.67 | 0.0 | 0.0 | 178.22 | 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) | 1.99 | -10.36 | 8.81 | 1.26 | 183.16 | 11.64 | 41.42 | -1.22 | 36.70 | -24.69 | 187.87 | 19.46 |
| 2022 (9) | 2.22 | 2.3 | 8.70 | 0.0 | 164.06 | -2.34 | 41.93 | -0.1 | 48.73 | -10.85 | 157.26 | 1.26 |
| 2021 (8) | 2.17 | -15.23 | 8.70 | -12.65 | 167.99 | 17.67 | 41.97 | 14.55 | 54.66 | 3.48 | 155.30 | 22.69 |
| 2020 (7) | 2.56 | 13.27 | 9.96 | 4.73 | 142.76 | -11.46 | 36.64 | -4.53 | 52.82 | -8.57 | 126.58 | -10.76 |
| 2019 (6) | 2.26 | 0.0 | 9.51 | -2.66 | 161.23 | -0.36 | 38.38 | 2.79 | 57.77 | 3.6 | 141.84 | -1.09 |
| 2018 (5) | 2.26 | 17.1 | 9.77 | 1.77 | 161.82 | -14.48 | 37.34 | -1.74 | 55.76 | -14.97 | 143.40 | -11.28 |
| 2017 (4) | 1.93 | 0.0 | 9.60 | -20.66 | 189.22 | -0.19 | 38.00 | 25.95 | 65.58 | -3.54 | 161.64 | 6.5 |
| 2016 (3) | 1.93 | -9.81 | 12.10 | -18.85 | 189.58 | 11.14 | 30.17 | 23.24 | 67.99 | -5.62 | 151.77 | 23.39 |
| 2015 (2) | 2.14 | 1.9 | 14.91 | 6.73 | 170.57 | -2.04 | 24.48 | -6.31 | 72.04 | 21.01 | 123.00 | -12.6 |
| 2014 (1) | 2.10 | -9.87 | 13.97 | -14.03 | 174.13 | 11.35 | 26.13 | 16.39 | 59.53 | 67.55 | 140.73 | -1.79 |
