- 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) | 1.28 | 4.07 | -9.86 | 0.68 | 7.94 | 17.24 | 71.11 | -3.63 | 10.78 | 133.67 | -7.52 | -14.26 | 45.02 | -23.88 | -12.48 | 159.75 | 0.35 | -5.28 |
| 23Q3 (19) | 1.23 | -15.17 | -19.08 | 0.63 | -17.11 | 0.0 | 73.79 | 17.95 | 23.09 | 144.54 | 20.59 | -0.55 | 59.14 | 23.91 | 32.66 | 159.19 | 18.2 | -0.94 |
| 23Q2 (18) | 1.45 | 33.03 | 1.4 | 0.76 | 52.0 | 20.63 | 62.56 | -24.74 | -1.54 | 119.86 | -34.37 | -17.45 | 47.73 | -19.93 | -9.17 | 134.68 | -34.67 | -13.77 |
| 23Q1 (17) | 1.09 | -23.24 | -23.78 | 0.50 | -13.79 | -20.63 | 83.13 | 29.51 | 30.32 | 182.62 | 17.14 | 26.93 | 59.61 | 15.88 | 3.54 | 206.14 | 22.22 | 37.34 |
| 22Q4 (16) | 1.42 | -6.58 | 4.41 | 0.58 | -7.94 | 5.45 | 64.19 | 7.07 | -4.19 | 155.90 | 7.27 | -5.97 | 51.44 | 15.39 | -21.98 | 168.66 | 4.95 | 1.07 |
| 22Q3 (15) | 1.52 | 6.29 | 12.59 | 0.63 | 0.0 | 18.87 | 59.95 | -5.65 | -11.21 | 145.34 | 0.1 | -16.12 | 44.58 | -15.17 | -47.1 | 160.70 | 2.89 | 2.67 |
| 22Q2 (14) | 1.43 | 0.0 | 4.38 | 0.63 | 0.0 | -3.08 | 63.54 | -0.39 | -4.55 | 145.20 | 0.92 | 3.82 | 52.55 | -8.72 | -28.66 | 156.19 | 4.06 | 17.63 |
| 22Q1 (13) | 1.43 | 5.15 | 13.49 | 0.63 | 14.55 | 6.78 | 63.79 | -4.79 | -12.0 | 143.88 | -13.22 | -6.24 | 57.57 | -12.68 | -23.62 | 150.10 | -10.05 | -0.32 |
| 21Q4 (12) | 1.36 | 0.74 | 8.8 | 0.55 | 3.77 | -9.84 | 67.00 | -0.77 | -7.84 | 165.80 | -4.31 | 10.42 | 65.93 | -21.76 | -5.12 | 166.87 | 6.61 | 8.8 |
| 21Q3 (11) | 1.35 | -1.46 | -9.4 | 0.53 | -18.46 | -37.65 | 67.52 | 1.43 | 10.89 | 173.27 | 23.89 | 61.56 | 84.27 | 14.4 | 48.6 | 156.52 | 17.88 | 40.46 |
| 21Q2 (10) | 1.37 | 8.73 | 6.2 | 0.65 | 10.17 | -9.72 | 66.57 | -8.17 | -5.55 | 139.86 | -8.86 | 11.16 | 73.66 | -2.27 | 29.05 | 132.78 | -11.82 | -4.63 |
| 21Q1 (9) | 1.26 | 0.8 | 7.69 | 0.59 | -3.28 | 13.46 | 72.49 | -0.29 | -7.14 | 153.46 | 2.2 | -12.91 | 75.37 | 8.46 | 21.86 | 150.58 | -1.82 | -21.74 |
| 20Q4 (8) | 1.25 | -16.11 | 10.62 | 0.61 | -28.24 | 17.31 | 72.70 | 19.4 | -9.63 | 150.16 | 40.01 | -13.91 | 69.49 | 22.54 | -3.69 | 153.37 | 37.64 | -16.06 |
| 20Q3 (7) | 1.49 | 15.5 | 23.14 | 0.85 | 18.06 | 32.81 | 60.89 | -13.61 | -18.99 | 107.25 | -14.76 | -24.43 | 56.71 | -0.65 | -20.31 | 111.43 | -19.96 | -23.65 |
| 20Q2 (6) | 1.29 | 10.26 | 3.2 | 0.72 | 38.46 | 12.5 | 70.48 | -9.71 | -2.85 | 125.82 | -28.59 | -11.94 | 57.08 | -7.71 | -15.21 | 139.22 | -27.64 | -6.0 |
| 20Q1 (5) | 1.17 | 3.54 | -4.1 | 0.52 | 0.0 | 4.0 | 78.06 | -2.97 | 4.95 | 176.20 | 1.02 | -2.75 | 61.85 | -14.28 | -17.01 | 192.40 | 5.3 | 6.27 |
| 19Q4 (4) | 1.13 | -6.61 | 0.0 | 0.52 | -18.75 | 0.0 | 80.45 | 7.04 | 0.0 | 174.42 | 22.89 | 0.0 | 72.15 | 1.39 | 0.0 | 182.72 | 25.2 | 0.0 |
| 19Q3 (3) | 1.21 | -3.2 | 0.0 | 0.64 | 0.0 | 0.0 | 75.16 | 3.6 | 0.0 | 141.93 | -0.66 | 0.0 | 71.16 | 5.7 | 0.0 | 145.94 | -1.47 | 0.0 |
| 19Q2 (2) | 1.25 | 2.46 | 0.0 | 0.64 | 28.0 | 0.0 | 72.55 | -2.46 | 0.0 | 142.88 | -21.14 | 0.0 | 67.32 | -9.67 | 0.0 | 148.11 | -18.19 | 0.0 |
| 19Q1 (1) | 1.22 | 0.0 | 0.0 | 0.50 | 0.0 | 0.0 | 74.38 | 0.0 | 0.0 | 181.18 | 0.0 | 0.0 | 74.53 | 0.0 | 0.0 | 181.04 | 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) | 5.89 | -3.92 | 2.78 | 3.73 | 61.94 | 4.01 | 131.30 | -3.56 | 46.25 | -6.45 | 146.99 | 0.51 |
| 2022 (9) | 6.13 | -2.54 | 2.68 | 4.28 | 59.55 | 2.67 | 136.14 | -4.13 | 49.44 | -16.61 | 146.24 | 3.93 |
| 2021 (8) | 6.29 | -6.4 | 2.57 | -1.91 | 58.00 | 6.72 | 142.00 | 2.03 | 59.29 | -3.33 | 140.71 | 6.44 |
| 2020 (7) | 6.72 | 2.44 | 2.62 | 11.97 | 54.35 | -2.39 | 139.18 | -10.79 | 61.33 | -9.48 | 132.20 | -8.16 |
| 2019 (6) | 6.56 | -0.15 | 2.34 | -2.9 | 55.68 | 0.2 | 156.01 | 2.96 | 67.75 | -5.73 | 143.94 | 6.44 |
| 2018 (5) | 6.57 | -3.1 | 2.41 | -15.14 | 55.57 | 3.27 | 151.53 | 18.01 | 71.87 | 8.3 | 135.23 | 16.73 |
| 2017 (4) | 6.78 | 2.88 | 2.84 | -9.84 | 53.81 | -2.83 | 128.40 | 10.91 | 66.36 | 28.28 | 115.85 | -2.99 |
| 2016 (3) | 6.59 | 1.38 | 3.15 | -0.63 | 55.38 | -1.42 | 115.77 | 0.57 | 51.73 | 50.29 | 119.42 | -12.76 |
| 2015 (2) | 6.50 | -4.69 | 3.17 | -7.85 | 56.18 | 4.99 | 115.11 | 8.46 | 34.42 | 70.14 | 136.88 | -1.81 |
| 2014 (1) | 6.82 | 3.81 | 3.44 | 33.33 | 53.51 | -3.64 | 106.13 | -25.07 | 20.23 | 10.49 | 139.41 | -22.06 |
