- 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) | 1.43 | -23.12 | -27.04 | 4.03 | 6.33 | 0.5 | 63.67 | 30.23 | 36.81 | 22.59 | -5.99 | -0.53 | 42.86 | 19.25 | 9.7 | 43.40 | 17.36 | 43.76 |
| 23Q3 (19) | 1.86 | -25.9 | -20.17 | 3.79 | 15.55 | 9.86 | 48.89 | 34.61 | 25.33 | 24.03 | -13.53 | -8.84 | 35.94 | 8.88 | 6.93 | 36.98 | 18.94 | 16.4 |
| 23Q2 (18) | 2.51 | 11.56 | 10.09 | 3.28 | -0.61 | 6.84 | 36.32 | -10.1 | -8.95 | 27.79 | 0.8 | -6.21 | 33.01 | -9.36 | -0.69 | 31.09 | -1.46 | -14.31 |
| 23Q1 (17) | 2.25 | 14.8 | -1.75 | 3.30 | -17.71 | -12.7 | 40.40 | -13.19 | 1.74 | 27.57 | 21.4 | 14.59 | 36.42 | -6.78 | 21.16 | 31.55 | 4.5 | -6.41 |
| 22Q4 (16) | 1.96 | -15.88 | 13.95 | 4.01 | 16.23 | 66.39 | 46.54 | 19.3 | -12.12 | 22.71 | -13.85 | -39.92 | 39.07 | 16.25 | 9.5 | 30.19 | -4.97 | -45.18 |
| 22Q3 (15) | 2.33 | 2.19 | -0.43 | 3.45 | 12.38 | 57.53 | 39.01 | -2.21 | 0.26 | 26.36 | -11.04 | -36.48 | 33.61 | 1.11 | -10.23 | 31.77 | -12.43 | -26.06 |
| 22Q2 (14) | 2.28 | -0.44 | -3.8 | 3.07 | -18.78 | 46.89 | 39.89 | 0.45 | 3.69 | 29.63 | 23.15 | -31.93 | 33.24 | 10.58 | -27.19 | 36.28 | 7.62 | -0.19 |
| 22Q1 (13) | 2.29 | 33.14 | 8.02 | 3.78 | 56.85 | 7.39 | 39.71 | -25.02 | -7.69 | 24.06 | -36.35 | -7.03 | 30.06 | -15.75 | -26.9 | 33.71 | -38.79 | 21.35 |
| 21Q4 (12) | 1.72 | -26.5 | -21.82 | 2.41 | 10.05 | -37.73 | 52.96 | 36.11 | 28.23 | 37.80 | -8.92 | 60.65 | 35.68 | -4.7 | -17.2 | 55.07 | 28.16 | 153.31 |
| 21Q3 (11) | 2.34 | -1.27 | 9.35 | 2.19 | 4.78 | -30.48 | 38.91 | 1.14 | -8.68 | 41.50 | -4.66 | 43.75 | 37.44 | -17.98 | -8.48 | 42.97 | 18.21 | 40.61 |
| 21Q2 (10) | 2.37 | 11.79 | 20.92 | 2.09 | -40.63 | -20.53 | 38.47 | -10.58 | -17.29 | 43.53 | 68.2 | 25.66 | 45.65 | 11.02 | -8.3 | 36.35 | 30.85 | 15.84 |
| 21Q1 (9) | 2.12 | -3.64 | 1.92 | 3.52 | -9.04 | -0.56 | 43.02 | 4.16 | -1.44 | 25.88 | 9.99 | 0.78 | 41.12 | -4.57 | -17.86 | 27.78 | 27.78 | 44.09 |
| 20Q4 (8) | 2.20 | 2.8 | -3.51 | 3.87 | 22.86 | -29.38 | 41.30 | -3.07 | 3.28 | 23.53 | -18.5 | 41.75 | 43.09 | 5.33 | 36.1 | 21.74 | -28.86 | -12.8 |
| 20Q3 (7) | 2.14 | 9.18 | 5.42 | 3.15 | 19.77 | -24.28 | 42.61 | -8.39 | -5.14 | 28.87 | -16.66 | 31.95 | 40.91 | -17.82 | 37.05 | 30.56 | -2.61 | -17.29 |
| 20Q2 (6) | 1.96 | -5.77 | -5.77 | 2.63 | -25.71 | -22.42 | 46.51 | 6.55 | 6.5 | 34.64 | 34.89 | 29.21 | 49.78 | -0.56 | 69.15 | 31.38 | 62.76 | -23.56 |
| 20Q1 (5) | 2.08 | -8.77 | -4.59 | 3.54 | -35.4 | -0.28 | 43.65 | 9.15 | 4.6 | 25.68 | 54.7 | 0.12 | 50.06 | 58.12 | 77.02 | 19.28 | -22.66 | -50.69 |
| 19Q4 (4) | 2.28 | 12.32 | 0.0 | 5.48 | 31.73 | 0.0 | 39.99 | -10.98 | 0.0 | 16.60 | -24.13 | 0.0 | 31.66 | 6.06 | 0.0 | 24.93 | -32.53 | 0.0 |
| 19Q3 (3) | 2.03 | -2.4 | 0.0 | 4.16 | 22.71 | 0.0 | 44.92 | 2.86 | 0.0 | 21.88 | -18.39 | 0.0 | 29.85 | 1.43 | 0.0 | 36.95 | -9.99 | 0.0 |
| 19Q2 (2) | 2.08 | -4.59 | 0.0 | 3.39 | -4.51 | 0.0 | 43.67 | 4.65 | 0.0 | 26.81 | 4.52 | 0.0 | 29.43 | 4.07 | 0.0 | 41.05 | 4.99 | 0.0 |
| 19Q1 (1) | 2.18 | 0.0 | 0.0 | 3.55 | 0.0 | 0.0 | 41.73 | 0.0 | 0.0 | 25.65 | 0.0 | 0.0 | 28.28 | 0.0 | 0.0 | 39.10 | 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) | 7.68 | -3.76 | 17.92 | 24.7 | 47.54 | 3.98 | 20.37 | -19.83 | 34.95 | 3.65 | 32.96 | -11.9 |
| 2022 (9) | 7.98 | 0.0 | 14.37 | 0.21 | 45.72 | -0.09 | 25.41 | -0.2 | 33.72 | -9.98 | 37.41 | 10.84 |
| 2021 (8) | 7.98 | -5.23 | 14.34 | -19.3 | 45.76 | 5.58 | 25.46 | 23.95 | 37.46 | -19.79 | 33.75 | 96.45 |
| 2020 (7) | 8.42 | -13.64 | 17.77 | -6.57 | 43.34 | 15.82 | 20.54 | 7.03 | 46.70 | 43.56 | 17.18 | -28.62 |
| 2019 (6) | 9.75 | 11.68 | 19.02 | 37.13 | 37.42 | -10.46 | 19.19 | -27.06 | 32.53 | 1.97 | 24.07 | -33.51 |
| 2018 (5) | 8.73 | -5.42 | 13.87 | 3.51 | 41.79 | 5.72 | 26.31 | -3.38 | 31.90 | 3.4 | 36.20 | 0.81 |
| 2017 (4) | 9.23 | -14.14 | 13.40 | 28.97 | 39.53 | 16.4 | 27.23 | -22.49 | 30.85 | 3.8 | 35.91 | -8.79 |
| 2016 (3) | 10.75 | -17.05 | 10.39 | 19.43 | 33.96 | 20.64 | 35.13 | -16.28 | 29.72 | 6.64 | 39.37 | -6.79 |
| 2015 (2) | 12.96 | -8.35 | 8.70 | -9.38 | 28.15 | 9.02 | 41.96 | 10.36 | 27.87 | 3.8 | 42.24 | 14.19 |
| 2014 (1) | 14.14 | 19.43 | 9.60 | 8.6 | 25.82 | -16.28 | 38.02 | -7.9 | 26.85 | -6.38 | 36.99 | -14.85 |
