- 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) | 2.98 | -12.35 | -51.23 | 0.26 | -40.91 | 116.67 | 30.55 | 14.04 | 105.17 | 349.70 | 68.6 | -52.91 | 228.72 | 60.45 | -48.51 | 151.54 | 65.33 | -51.65 |
| 23Q3 (19) | 3.40 | -42.37 | 8.97 | 0.44 | -32.31 | -16.98 | 26.79 | 73.62 | -8.06 | 207.41 | 47.47 | 20.7 | 142.55 | 117.04 | 49.85 | 91.66 | 1.39 | -13.41 |
| 23Q2 (18) | 5.90 | 43.2 | 118.52 | 0.65 | 490.91 | 80.56 | 15.43 | -30.18 | -54.19 | 140.65 | -82.35 | -43.84 | 65.68 | -78.75 | -38.37 | 90.40 | -82.28 | -49.08 |
| 23Q1 (17) | 4.12 | -32.57 | 30.79 | 0.11 | -8.33 | -50.0 | 22.10 | 48.42 | -23.53 | 797.05 | 7.32 | 96.15 | 309.01 | -30.43 | 89.95 | 510.14 | 62.78 | 87.17 |
| 22Q4 (16) | 6.11 | 95.83 | 3.74 | 0.12 | -77.36 | -36.84 | 14.89 | -48.9 | -3.56 | 742.68 | 332.19 | 53.1 | 444.17 | 366.91 | 93.97 | 313.40 | 196.08 | 15.42 |
| 22Q3 (15) | 3.12 | 15.56 | 62.5 | 0.53 | 47.22 | 82.76 | 29.14 | -13.48 | -38.43 | 171.84 | -31.38 | -45.96 | 95.13 | -10.74 | -43.41 | 105.85 | -40.38 | -46.32 |
| 22Q2 (14) | 2.70 | -14.29 | 18.42 | 0.36 | 63.64 | -16.28 | 33.68 | 16.54 | -15.46 | 250.44 | -38.37 | 19.32 | 106.58 | -34.48 | -9.93 | 177.54 | -34.86 | 35.11 |
| 22Q1 (13) | 3.15 | -46.52 | -30.77 | 0.22 | 15.79 | -63.33 | 28.90 | 87.18 | 44.43 | 406.34 | -16.23 | 169.13 | 162.68 | -28.96 | 103.71 | 272.56 | 0.38 | 199.09 |
| 21Q4 (12) | 5.89 | 206.77 | 64.53 | 0.19 | -34.48 | -50.0 | 15.44 | -67.38 | -39.33 | 485.08 | 52.56 | 102.0 | 228.99 | 36.21 | 93.9 | 271.53 | 37.71 | 84.1 |
| 21Q3 (11) | 1.92 | -15.79 | -71.6 | 0.29 | -32.56 | -32.56 | 47.33 | 18.8 | 251.63 | 317.96 | 51.49 | 51.44 | 168.11 | 42.07 | 85.2 | 197.18 | 50.06 | 48.65 |
| 21Q2 (10) | 2.28 | -49.89 | -11.28 | 0.43 | -28.33 | 79.17 | 39.84 | 99.1 | 12.32 | 209.89 | 39.02 | -43.61 | 118.33 | 48.17 | -34.35 | 131.40 | 44.19 | -42.23 |
| 21Q1 (9) | 4.55 | 27.09 | 184.37 | 0.60 | 57.89 | 87.5 | 20.01 | -21.38 | -64.81 | 150.98 | -37.13 | -46.22 | 79.86 | -32.38 | -55.82 | 91.13 | -38.21 | -41.89 |
| 20Q4 (8) | 3.58 | -47.04 | 38.76 | 0.38 | -11.63 | -38.71 | 25.45 | 89.08 | -27.8 | 240.14 | 14.37 | 64.83 | 118.10 | 30.11 | 46.49 | 147.49 | 11.19 | 47.03 |
| 20Q3 (7) | 6.76 | 163.04 | 191.38 | 0.43 | 79.17 | -10.42 | 13.46 | -62.05 | -65.75 | 209.96 | -43.59 | 9.62 | 90.77 | -49.64 | 5.94 | 132.65 | -41.68 | -8.61 |
| 20Q2 (6) | 2.57 | 60.62 | 5.33 | 0.24 | -25.0 | -38.46 | 35.47 | -37.63 | -5.01 | 372.22 | 32.59 | 60.46 | 180.25 | -0.28 | 45.74 | 227.45 | 45.03 | 56.18 |
| 20Q1 (5) | 1.60 | -37.98 | -20.4 | 0.32 | -48.39 | -38.46 | 56.87 | 61.33 | 25.54 | 280.72 | 92.68 | 58.97 | 180.76 | 124.21 | 65.61 | 156.83 | 56.35 | 39.11 |
| 19Q4 (4) | 2.58 | 11.21 | 0.0 | 0.62 | 29.17 | 0.0 | 35.25 | -10.31 | 0.0 | 145.69 | -23.93 | 0.0 | 80.62 | -5.91 | 0.0 | 100.31 | -30.89 | 0.0 |
| 19Q3 (3) | 2.32 | -4.92 | 0.0 | 0.48 | 23.08 | 0.0 | 39.30 | 5.25 | 0.0 | 191.53 | -17.43 | 0.0 | 85.68 | -30.72 | 0.0 | 145.15 | -0.33 | 0.0 |
| 19Q2 (2) | 2.44 | 21.39 | 0.0 | 0.39 | -25.0 | 0.0 | 37.34 | -17.57 | 0.0 | 231.97 | 31.36 | 0.0 | 123.68 | 13.31 | 0.0 | 145.63 | 29.17 | 0.0 |
| 19Q1 (1) | 2.01 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 45.30 | 0.0 | 0.0 | 176.59 | 0.0 | 0.0 | 109.15 | 0.0 | 0.0 | 112.74 | 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) | 24.50 | 35.43 | 1.45 | 33.03 | 14.90 | -26.13 | 252.13 | -25.05 | 172.66 | 3.92 | 94.37 | -50.44 |
| 2022 (9) | 18.09 | -26.61 | 1.09 | -21.58 | 20.17 | 36.19 | 336.40 | 27.78 | 166.15 | 35.41 | 190.43 | 22.56 |
| 2021 (8) | 24.65 | 245.24 | 1.39 | 0.72 | 14.81 | -71.03 | 263.27 | -0.13 | 122.70 | -23.86 | 155.38 | 1.17 |
| 2020 (7) | 7.14 | -15.2 | 1.38 | -34.91 | 51.13 | 18.03 | 263.61 | 53.23 | 161.16 | 38.26 | 153.58 | 55.45 |
| 2019 (6) | 8.42 | -2.32 | 2.12 | 9.28 | 43.32 | 2.27 | 172.04 | -8.74 | 116.56 | 44.58 | 98.80 | -34.25 |
| 2018 (5) | 8.62 | 5.9 | 1.94 | 7.78 | 42.36 | -5.59 | 188.52 | -7.25 | 80.62 | -35.75 | 150.26 | 22.52 |
| 2017 (4) | 8.14 | -34.3 | 1.80 | -26.53 | 44.87 | 52.26 | 203.26 | 36.65 | 125.48 | 11.82 | 122.64 | 85.85 |
| 2016 (3) | 12.39 | -24.03 | 2.45 | -29.19 | 29.47 | 31.74 | 148.74 | 40.92 | 112.22 | 46.44 | 65.99 | 28.64 |
| 2015 (2) | 16.31 | -4.12 | 3.46 | -13.28 | 22.37 | 4.24 | 105.55 | 15.46 | 76.63 | -6.25 | 51.30 | 64.69 |
| 2014 (1) | 17.01 | -5.18 | 3.99 | -16.53 | 21.46 | 5.51 | 91.42 | 19.63 | 81.74 | 34.91 | 31.15 | -13.88 |
