- 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) | 5.18 | 38.13 | 100.78 | 0.84 | -26.32 | -20.0 | 17.56 | -27.59 | -50.23 | 108.21 | 35.87 | 25.04 | 62.04 | 39.64 | -8.47 | 63.73 | 7.18 | 17.93 |
| 23Q3 (19) | 3.75 | 26.26 | 56.9 | 1.14 | -8.8 | -3.39 | 24.25 | -20.88 | -36.32 | 79.64 | 9.47 | 3.6 | 44.43 | 0.68 | -19.06 | 59.46 | 0.32 | -1.0 |
| 23Q2 (18) | 2.97 | 13.79 | 32.59 | 1.25 | 17.92 | 5.04 | 30.65 | -11.98 | -24.6 | 72.75 | -15.22 | -5.1 | 44.13 | -25.04 | -16.88 | 59.27 | -4.03 | -7.71 |
| 23Q1 (17) | 2.61 | 1.16 | 20.83 | 1.06 | 0.95 | -1.85 | 34.82 | -1.3 | -17.29 | 85.81 | -0.84 | 1.42 | 58.87 | -13.15 | -11.1 | 61.76 | 14.29 | 2.1 |
| 22Q4 (16) | 2.58 | 7.95 | 38.71 | 1.05 | -11.02 | 5.0 | 35.28 | -7.35 | -27.91 | 86.54 | 12.58 | -4.51 | 67.78 | 23.48 | -7.02 | 54.04 | -10.02 | -18.94 |
| 22Q3 (15) | 2.39 | 6.7 | 36.57 | 1.18 | -0.84 | 12.38 | 38.08 | -6.32 | -26.68 | 76.87 | 0.27 | -11.11 | 54.89 | 3.39 | -22.08 | 60.06 | -6.48 | -11.65 |
| 22Q2 (14) | 2.24 | 3.7 | 13.13 | 1.19 | 10.19 | 5.31 | 40.65 | -3.44 | -11.42 | 76.66 | -9.4 | -4.56 | 53.09 | -19.83 | -16.06 | 64.22 | 6.17 | 1.99 |
| 22Q1 (13) | 2.16 | 16.13 | 14.89 | 1.08 | 8.0 | 2.86 | 42.10 | -13.98 | -13.18 | 84.61 | -6.64 | -2.69 | 66.22 | -9.16 | -2.73 | 60.49 | -9.27 | -10.2 |
| 21Q4 (12) | 1.86 | 6.29 | 29.17 | 1.00 | -4.76 | 2.04 | 48.94 | -5.78 | -22.48 | 90.63 | 4.8 | -2.2 | 72.90 | 3.49 | 1.87 | 66.67 | -1.93 | -20.87 |
| 21Q3 (11) | 1.75 | -11.62 | 23.24 | 1.05 | -7.08 | -0.94 | 51.94 | 13.18 | -19.15 | 86.48 | 7.67 | 0.39 | 70.44 | 11.37 | 21.3 | 67.98 | 7.96 | -26.35 |
| 21Q2 (10) | 1.98 | 5.32 | 25.32 | 1.13 | 7.62 | 32.94 | 45.89 | -5.36 | -20.43 | 80.32 | -7.63 | -24.93 | 63.25 | -7.09 | 24.83 | 62.97 | -6.52 | -44.76 |
| 21Q1 (9) | 1.88 | 30.56 | 39.26 | 1.05 | 7.14 | 75.0 | 48.49 | -23.19 | -27.92 | 86.95 | -6.17 | -42.27 | 68.08 | -4.86 | 19.17 | 67.36 | -20.05 | -58.1 |
| 20Q4 (8) | 1.44 | 1.41 | -6.49 | 0.98 | -7.55 | 46.27 | 63.13 | -1.73 | 7.05 | 92.67 | 7.58 | -32.1 | 71.56 | 23.23 | 17.45 | 84.25 | -8.72 | -37.37 |
| 20Q3 (7) | 1.42 | -10.13 | 56.04 | 1.06 | 24.71 | 68.25 | 64.24 | 11.39 | -35.64 | 86.14 | -19.49 | -40.3 | 58.07 | 14.6 | -24.7 | 92.30 | -19.04 | -44.73 |
| 20Q2 (6) | 1.58 | 17.04 | 75.56 | 0.85 | 41.67 | -40.14 | 57.67 | -14.27 | -42.92 | 106.99 | -28.97 | 66.73 | 50.67 | -11.31 | 5.89 | 114.00 | -29.09 | -2.86 |
| 20Q1 (5) | 1.35 | -12.34 | 50.0 | 0.60 | -10.45 | -60.0 | 67.27 | 14.07 | -33.26 | 150.62 | 10.36 | 147.49 | 57.13 | -6.24 | 28.82 | 160.77 | 19.52 | 37.06 |
| 19Q4 (4) | 1.54 | 69.23 | 0.0 | 0.67 | 6.35 | 0.0 | 58.97 | -40.92 | 0.0 | 136.48 | -5.42 | 0.0 | 60.93 | -20.99 | 0.0 | 134.51 | -19.46 | 0.0 |
| 19Q3 (3) | 0.91 | 1.11 | 0.0 | 0.63 | -55.63 | 0.0 | 99.82 | -1.21 | 0.0 | 144.30 | 124.87 | 0.0 | 77.12 | 61.17 | 0.0 | 167.00 | 42.3 | 0.0 |
| 19Q2 (2) | 0.90 | 0.0 | 0.0 | 1.42 | -5.33 | 0.0 | 101.04 | 0.25 | 0.0 | 64.17 | 5.44 | 0.0 | 47.85 | 7.89 | 0.0 | 117.36 | 0.05 | 0.0 |
| 19Q1 (1) | 0.90 | 0.0 | 0.0 | 1.50 | 0.0 | 0.0 | 100.79 | 0.0 | 0.0 | 60.86 | 0.0 | 0.0 | 44.35 | 0.0 | 0.0 | 117.30 | 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) | 14.23 | 45.5 | 4.05 | -1.46 | 25.65 | -31.25 | 90.21 | 1.6 | 63.45 | -7.53 | 52.41 | -8.82 |
| 2022 (9) | 9.78 | 21.34 | 4.11 | 1.73 | 37.31 | -17.6 | 88.79 | -1.63 | 68.62 | -4.11 | 57.48 | -10.16 |
| 2021 (8) | 8.06 | 26.53 | 4.04 | 21.69 | 45.28 | -20.95 | 90.26 | -17.98 | 71.56 | 9.62 | 63.98 | -37.31 |
| 2020 (7) | 6.37 | 51.67 | 3.32 | 14.09 | 57.28 | -34.05 | 110.05 | -12.28 | 65.28 | 4.13 | 102.05 | -31.79 |
| 2019 (6) | 4.20 | 28.44 | 2.91 | -58.84 | 86.85 | -22.14 | 125.46 | 142.9 | 62.69 | 19.46 | 149.62 | 35.15 |
| 2018 (5) | 3.27 | 35.12 | 7.07 | -27.26 | 111.54 | -26.16 | 51.65 | 37.51 | 52.48 | -27.97 | 110.71 | -4.35 |
| 2017 (4) | 2.42 | -7.28 | 9.72 | -1.12 | 151.05 | 8.19 | 37.56 | 1.19 | 72.86 | -12.99 | 115.75 | 24.46 |
| 2016 (3) | 2.61 | 6.97 | 9.83 | -7.87 | 139.62 | -6.56 | 37.12 | 8.54 | 83.74 | -12.82 | 93.00 | 6.19 |
| 2015 (2) | 2.44 | -6.15 | 10.67 | -10.19 | 149.43 | 6.58 | 34.20 | 11.36 | 96.05 | 16.24 | 87.58 | -0.79 |
| 2014 (1) | 2.60 | -23.98 | 11.88 | -6.31 | 140.20 | 31.54 | 30.71 | 6.74 | 82.63 | 4.93 | 88.28 | 55.94 |
