- 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) | 2.49 | -25.45 | 84.44 | 1.00 | 36.99 | -2.91 | 36.56 | 34.07 | -45.87 | 90.80 | -26.93 | 2.73 | 27.83 | -19.82 | -34.05 | 99.52 | -14.81 | -12.49 |
| 23Q3 (19) | 3.34 | 15.57 | 154.96 | 0.73 | 30.36 | -2.67 | 27.27 | -13.37 | -60.88 | 124.26 | -23.02 | 1.9 | 34.71 | -22.35 | -42.73 | 116.82 | -21.17 | -10.84 |
| 23Q2 (18) | 2.89 | 351.56 | 42.36 | 0.56 | 16.67 | -27.27 | 31.48 | -77.75 | -29.87 | 161.41 | -14.08 | 36.66 | 44.70 | -31.48 | 7.04 | 148.19 | -43.89 | 22.23 |
| 23Q1 (17) | 0.64 | -52.59 | -62.13 | 0.48 | -53.4 | 26.32 | 141.50 | 109.51 | 163.35 | 187.85 | 112.52 | -21.13 | 65.24 | 54.6 | 28.17 | 264.11 | 132.23 | 9.58 |
| 22Q4 (16) | 1.35 | 3.05 | -35.1 | 1.03 | 37.33 | 178.38 | 67.54 | -3.1 | 54.48 | 88.39 | -27.51 | -64.07 | 42.20 | -30.37 | -6.66 | 113.73 | -13.2 | -53.49 |
| 22Q3 (15) | 1.31 | -35.47 | -42.79 | 0.75 | -2.6 | 82.93 | 69.70 | 55.27 | 75.7 | 121.94 | 3.24 | -45.53 | 60.61 | 45.14 | -3.46 | 131.03 | 8.07 | -34.73 |
| 22Q2 (14) | 2.03 | 20.12 | 24.54 | 0.77 | 102.63 | 87.8 | 44.89 | -16.45 | -19.52 | 118.11 | -50.41 | -47.36 | 41.76 | -17.96 | -50.86 | 121.24 | -49.7 | -37.88 |
| 22Q1 (13) | 1.69 | -18.75 | -19.52 | 0.38 | 2.7 | -43.28 | 53.73 | 22.9 | 24.26 | 238.19 | -3.18 | 74.32 | 50.90 | 12.59 | 5.08 | 241.02 | -1.43 | 83.35 |
| 21Q4 (12) | 2.08 | -9.17 | 12.43 | 0.37 | -9.76 | -9.76 | 43.72 | 10.21 | -10.92 | 246.01 | 9.9 | 11.33 | 45.21 | -27.99 | -40.55 | 244.52 | 21.81 | 26.03 |
| 21Q3 (11) | 2.29 | 40.49 | 54.73 | 0.41 | 0.0 | -36.92 | 39.67 | -28.88 | -35.67 | 223.85 | -0.24 | 60.13 | 62.78 | -26.12 | 27.34 | 200.74 | 2.85 | 31.93 |
| 21Q2 (10) | 1.63 | -22.38 | -7.91 | 0.41 | -38.81 | -25.45 | 55.78 | 29.0 | 8.21 | 224.39 | 64.22 | 36.71 | 84.98 | 75.43 | 67.68 | 195.18 | 48.48 | 18.29 |
| 21Q1 (9) | 2.10 | 13.51 | 101.92 | 0.67 | 63.41 | 76.32 | 43.24 | -11.9 | -50.55 | 136.64 | -38.17 | -42.33 | 48.44 | -36.31 | -43.41 | 131.45 | -32.25 | -44.95 |
| 20Q4 (8) | 1.85 | 25.0 | -18.5 | 0.41 | -36.92 | -44.59 | 49.08 | -20.42 | 22.21 | 220.98 | 58.08 | 80.73 | 76.05 | 54.26 | 24.92 | 194.01 | 27.5 | 91.05 |
| 20Q3 (7) | 1.48 | -16.38 | -11.38 | 0.65 | 18.18 | 18.18 | 61.67 | 19.63 | 13.18 | 139.79 | -14.83 | -15.68 | 49.30 | -2.72 | -41.66 | 152.16 | -7.78 | 12.07 |
| 20Q2 (6) | 1.77 | 70.19 | -3.28 | 0.55 | 44.74 | -35.29 | 51.55 | -41.05 | 3.7 | 164.13 | -30.73 | 53.61 | 50.68 | -40.79 | 8.52 | 165.00 | -30.9 | 50.18 |
| 20Q1 (5) | 1.04 | -54.19 | -44.39 | 0.38 | -48.65 | -34.48 | 87.45 | 117.75 | 79.9 | 236.94 | 93.78 | 51.85 | 85.60 | 40.6 | 33.56 | 238.79 | 135.15 | 69.88 |
| 19Q4 (4) | 2.27 | 35.93 | 0.0 | 0.74 | 34.55 | 0.0 | 40.16 | -26.3 | 0.0 | 122.27 | -26.25 | 0.0 | 60.88 | -27.96 | 0.0 | 101.55 | -25.2 | 0.0 |
| 19Q3 (3) | 1.67 | -8.74 | 0.0 | 0.55 | -35.29 | 0.0 | 54.49 | 9.62 | 0.0 | 165.79 | 55.16 | 0.0 | 84.51 | 80.96 | 0.0 | 135.77 | 23.57 | 0.0 |
| 19Q2 (2) | 1.83 | -2.14 | 0.0 | 0.85 | 46.55 | 0.0 | 49.71 | 2.26 | 0.0 | 106.85 | -31.52 | 0.0 | 46.70 | -27.13 | 0.0 | 109.87 | -21.83 | 0.0 |
| 19Q1 (1) | 1.87 | 0.0 | 0.0 | 0.58 | 0.0 | 0.0 | 48.61 | 0.0 | 0.0 | 156.04 | 0.0 | 0.0 | 64.09 | 0.0 | 0.0 | 140.56 | 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) | 2.86 | -46.04 | 2.74 | -16.97 | 127.65 | 85.24 | 133.00 | 20.2 | 51.82 | 66.3 | 208.83 | 40.72 |
| 2022 (9) | 5.30 | -34.0 | 3.30 | 73.68 | 68.91 | 51.55 | 110.65 | -42.48 | 31.16 | -36.55 | 148.40 | -21.36 |
| 2021 (8) | 8.03 | 52.95 | 1.90 | 2.7 | 45.47 | -34.6 | 192.37 | -2.5 | 49.11 | -35.37 | 188.72 | -1.12 |
| 2020 (7) | 5.25 | -31.28 | 1.85 | -30.71 | 69.53 | 45.61 | 197.31 | 44.22 | 75.99 | 31.93 | 190.85 | 50.31 |
| 2019 (6) | 7.64 | -29.59 | 2.67 | 10.33 | 47.75 | 41.94 | 136.81 | -9.4 | 57.60 | 0.91 | 126.97 | -0.47 |
| 2018 (5) | 10.85 | 194.04 | 2.42 | 10.5 | 33.64 | -65.96 | 151.01 | -9.33 | 57.08 | -37.39 | 127.57 | -26.77 |
| 2017 (4) | 3.69 | -19.96 | 2.19 | -46.72 | 98.82 | 24.91 | 166.55 | 87.68 | 91.17 | 41.81 | 174.20 | 68.21 |
| 2016 (3) | 4.61 | -18.41 | 4.11 | 15.77 | 79.11 | 22.44 | 88.74 | -13.66 | 64.29 | -13.09 | 103.56 | 10.85 |
| 2015 (2) | 5.65 | -28.84 | 3.55 | -28.57 | 64.61 | 40.49 | 102.78 | 40.07 | 73.97 | 13.17 | 93.42 | 72.94 |
| 2014 (1) | 7.94 | 1.66 | 4.97 | -24.92 | 45.99 | -1.65 | 73.38 | 33.1 | 65.36 | 4.49 | 54.02 | 37.32 |
