- 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) | 0.75 | 15.38 | 7.14 | 0.70 | 34.62 | 40.0 | 120.77 | -13.39 | -6.52 | 129.52 | -25.98 | -28.85 | 23.48 | -15.9 | 3.39 | 226.80 | -20.84 | -21.39 |
| 23Q3 (19) | 0.65 | -7.14 | 32.65 | 0.52 | -11.86 | 15.56 | 139.44 | 7.96 | -25.5 | 174.98 | 14.41 | -14.36 | 27.92 | 12.58 | -5.32 | 286.50 | 11.35 | -20.85 |
| 23Q2 (18) | 0.70 | -2.78 | 25.0 | 0.59 | 1.72 | -10.61 | 129.16 | 2.6 | -21.17 | 152.94 | -2.24 | 10.31 | 24.80 | 21.03 | -1.98 | 257.30 | -1.74 | -7.18 |
| 23Q1 (17) | 0.72 | 2.86 | 12.5 | 0.58 | 16.0 | -30.12 | 125.89 | -2.56 | -11.23 | 156.45 | -14.06 | 41.96 | 20.49 | -9.78 | -3.07 | 261.85 | -9.25 | 13.41 |
| 22Q4 (16) | 0.70 | 42.86 | 14.75 | 0.50 | 11.11 | -43.82 | 129.20 | -30.97 | -12.79 | 182.04 | -10.91 | 78.3 | 22.71 | -22.99 | 10.46 | 288.53 | -20.29 | 25.62 |
| 22Q3 (15) | 0.49 | -12.5 | -26.87 | 0.45 | -31.82 | -59.09 | 187.16 | 14.23 | 38.01 | 204.33 | 47.37 | 147.76 | 29.49 | 16.56 | 40.36 | 361.99 | 30.59 | 83.69 |
| 22Q2 (14) | 0.56 | -12.5 | -17.65 | 0.66 | -20.48 | -38.32 | 163.84 | 15.53 | 21.86 | 138.65 | 25.81 | 63.14 | 25.30 | 19.68 | 17.02 | 277.19 | 20.05 | 40.12 |
| 22Q1 (13) | 0.64 | 4.92 | 0.0 | 0.83 | -6.74 | -19.42 | 141.82 | -4.27 | -0.22 | 110.21 | 7.94 | 25.07 | 21.14 | 2.82 | 3.37 | 230.89 | 0.52 | 10.05 |
| 21Q4 (12) | 0.61 | -8.96 | -7.58 | 0.89 | -19.09 | -10.1 | 148.15 | 9.25 | 7.78 | 102.10 | 23.8 | 10.85 | 20.56 | -2.14 | -1.91 | 229.69 | 16.55 | 10.12 |
| 21Q3 (11) | 0.67 | -1.47 | 9.84 | 1.10 | 2.8 | 30.95 | 135.61 | 0.86 | -9.03 | 82.47 | -2.97 | -23.97 | 21.01 | -2.82 | -16.29 | 197.07 | -0.38 | -15.22 |
| 21Q2 (10) | 0.68 | 6.25 | -4.23 | 1.07 | 3.88 | 13.83 | 134.45 | -5.4 | 4.96 | 84.99 | -3.55 | -12.66 | 21.62 | 5.72 | 4.34 | 197.82 | -5.71 | -3.36 |
| 21Q1 (9) | 0.64 | -3.03 | 16.36 | 1.03 | 4.04 | 28.75 | 142.13 | 3.4 | -14.28 | 88.12 | -4.33 | -22.11 | 20.45 | -2.43 | -1.54 | 209.80 | 0.58 | -18.74 |
| 20Q4 (8) | 0.66 | 8.2 | -13.16 | 0.99 | 17.86 | 20.73 | 137.45 | -7.79 | 14.06 | 92.11 | -15.08 | -17.28 | 20.96 | -16.49 | 55.14 | 208.59 | -10.26 | -4.47 |
| 20Q3 (7) | 0.61 | -14.08 | -6.15 | 0.84 | -10.64 | 35.48 | 149.07 | 16.37 | 7.06 | 108.47 | 11.47 | -26.35 | 25.10 | 21.14 | 63.41 | 232.44 | 13.55 | -14.28 |
| 20Q2 (6) | 0.71 | 29.09 | 4.41 | 0.94 | 17.5 | 59.32 | 128.10 | -22.74 | -4.3 | 97.31 | -13.99 | -37.35 | 20.72 | -0.24 | 13.29 | 204.70 | -20.71 | -24.43 |
| 20Q1 (5) | 0.55 | -27.63 | 37.5 | 0.80 | -2.44 | 42.86 | 165.81 | 37.59 | -26.84 | 113.14 | 1.61 | -30.92 | 20.77 | 53.74 | -1.19 | 258.17 | 18.24 | -30.11 |
| 19Q4 (4) | 0.76 | 16.92 | 0.0 | 0.82 | 32.26 | 0.0 | 120.51 | -13.45 | 0.0 | 111.35 | -24.39 | 0.0 | 13.51 | -12.04 | 0.0 | 218.35 | -19.48 | 0.0 |
| 19Q3 (3) | 0.65 | -4.41 | 0.0 | 0.62 | 5.08 | 0.0 | 139.24 | 4.02 | 0.0 | 147.27 | -5.19 | 0.0 | 15.36 | -16.02 | 0.0 | 271.16 | 0.1 | 0.0 |
| 19Q2 (2) | 0.68 | 70.0 | 0.0 | 0.59 | 5.36 | 0.0 | 133.86 | -40.94 | 0.0 | 155.33 | -5.16 | 0.0 | 18.29 | -12.99 | 0.0 | 270.89 | -26.67 | 0.0 |
| 19Q1 (1) | 0.40 | 0.0 | 0.0 | 0.56 | 0.0 | 0.0 | 226.64 | 0.0 | 0.0 | 163.78 | 0.0 | 0.0 | 21.02 | 0.0 | 0.0 | 369.40 | 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) | 3.07 | 25.82 | 2.34 | -3.7 | 119.05 | -20.49 | 156.24 | 3.82 | 26.42 | 25.21 | 248.87 | -10.83 |
| 2022 (9) | 2.44 | -11.27 | 2.43 | -35.37 | 149.73 | 13.0 | 150.49 | 54.9 | 21.10 | 7.6 | 279.11 | 32.88 |
| 2021 (8) | 2.75 | 11.79 | 3.76 | 9.3 | 132.51 | -10.58 | 97.15 | -8.34 | 19.61 | -11.51 | 210.04 | -9.47 |
| 2020 (7) | 2.46 | 27.46 | 3.44 | 20.28 | 148.19 | -21.8 | 105.99 | -16.94 | 22.16 | 0.96 | 232.01 | -21.4 |
| 2019 (6) | 1.93 | -15.35 | 2.86 | -14.88 | 189.50 | 18.63 | 127.61 | 17.6 | 21.95 | 1.71 | 295.16 | 19.66 |
| 2018 (5) | 2.28 | -1.3 | 3.36 | -18.45 | 159.74 | 1.02 | 108.51 | 22.61 | 21.58 | 0.42 | 246.67 | 9.57 |
| 2017 (4) | 2.31 | -6.48 | 4.12 | 7.85 | 158.13 | 6.9 | 88.50 | -7.33 | 21.49 | -17.22 | 225.13 | 3.53 |
| 2016 (3) | 2.47 | -3.14 | 3.82 | -2.8 | 147.92 | 3.53 | 95.50 | 2.8 | 25.96 | -20.29 | 217.46 | 7.02 |
| 2015 (2) | 2.55 | -8.27 | 3.93 | -4.84 | 142.87 | 9.01 | 92.90 | 5.21 | 32.57 | 6.33 | 203.20 | 7.66 |
| 2014 (1) | 2.78 | -8.25 | 4.13 | -6.35 | 131.06 | 8.9 | 88.30 | 6.57 | 30.63 | -7.91 | 188.74 | 11.06 |
