- 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) | 0.79 | -28.83 | 6.76 | 3.15 | 7.14 | 30.71 | 115.10 | 40.33 | -5.99 | 28.87 | -6.6 | -23.62 | 70.97 | 18.68 | -20.57 | 73.00 | 37.42 | 2.98 |
| 23Q3 (19) | 1.11 | 30.59 | -2.63 | 2.94 | 57.22 | -2.33 | 82.02 | -23.37 | 2.4 | 30.91 | -36.45 | 2.15 | 59.80 | -10.1 | 11.71 | 53.12 | -40.42 | -6.53 |
| 23Q2 (18) | 0.85 | 26.87 | 7.59 | 1.87 | -5.08 | 7.47 | 107.04 | -21.29 | -6.84 | 48.64 | 5.03 | -7.05 | 66.52 | -19.75 | 16.68 | 89.15 | -10.32 | -19.12 |
| 23Q1 (17) | 0.67 | -9.46 | 1.52 | 1.97 | -18.26 | -7.94 | 135.99 | 11.07 | -1.02 | 46.31 | 22.51 | 9.02 | 82.89 | -7.23 | -2.79 | 99.41 | 40.23 | 5.07 |
| 22Q4 (16) | 0.74 | -35.09 | -45.59 | 2.41 | -19.93 | -17.47 | 122.44 | 52.86 | 83.38 | 37.80 | 24.92 | 21.23 | 89.35 | 66.92 | 67.2 | 70.89 | 24.74 | 59.27 |
| 22Q3 (15) | 1.14 | 44.3 | 54.05 | 3.01 | 72.99 | 110.49 | 80.10 | -30.29 | -34.46 | 30.26 | -42.17 | -52.59 | 53.53 | -6.1 | -35.35 | 56.83 | -48.44 | -44.95 |
| 22Q2 (14) | 0.79 | 19.7 | 6.76 | 1.74 | -18.69 | -1.14 | 114.90 | -16.37 | -6.13 | 52.33 | 23.19 | 1.22 | 57.01 | -33.14 | -13.42 | 110.22 | 16.5 | 1.83 |
| 22Q1 (13) | 0.66 | -51.47 | -13.16 | 2.14 | -26.71 | 13.83 | 137.39 | 105.77 | 14.65 | 42.48 | 36.24 | -12.43 | 85.27 | 59.56 | 15.97 | 94.61 | 112.56 | -0.21 |
| 21Q4 (12) | 1.36 | 83.78 | 30.77 | 2.92 | 104.2 | -17.28 | 66.77 | -45.36 | -23.54 | 31.18 | -51.14 | 21.09 | 53.44 | -35.46 | -14.95 | 44.51 | -56.88 | -11.42 |
| 21Q3 (11) | 0.74 | 0.0 | -40.8 | 1.43 | -18.75 | -59.83 | 122.21 | -0.16 | 68.47 | 63.82 | 23.44 | 149.59 | 82.80 | 25.74 | 32.86 | 103.23 | -4.63 | 188.35 |
| 21Q2 (10) | 0.74 | -2.63 | -46.38 | 1.76 | -6.38 | -45.34 | 122.40 | 2.14 | 85.37 | 51.70 | 6.58 | 83.14 | 65.85 | -10.44 | 14.46 | 108.24 | 14.17 | 194.69 |
| 21Q1 (9) | 0.76 | -26.92 | 0.0 | 1.88 | -46.74 | -14.16 | 119.83 | 37.22 | -0.56 | 48.51 | 88.39 | 16.78 | 73.53 | 17.03 | -15.31 | 94.81 | 88.68 | 26.04 |
| 20Q4 (8) | 1.04 | -16.8 | -21.21 | 3.53 | -0.84 | 11.01 | 87.33 | 20.39 | 26.27 | 25.75 | 0.7 | -9.9 | 62.83 | 0.82 | 46.39 | 50.25 | 40.36 | -8.34 |
| 20Q3 (7) | 1.25 | -9.42 | 9.65 | 3.56 | 10.56 | 109.41 | 72.54 | 9.86 | -9.2 | 25.57 | -9.42 | -52.32 | 62.32 | 8.33 | 14.98 | 35.80 | -2.53 | -54.87 |
| 20Q2 (6) | 1.38 | 81.58 | 16.95 | 3.22 | 47.03 | 106.41 | 66.03 | -45.2 | -14.31 | 28.23 | -32.04 | -51.51 | 57.53 | -33.74 | -6.44 | 36.73 | -51.17 | -50.22 |
| 20Q1 (5) | 0.76 | -42.42 | -28.3 | 2.19 | -31.13 | 27.33 | 120.50 | 74.23 | 39.73 | 41.54 | 45.35 | -21.42 | 86.82 | 102.28 | 34.0 | 75.22 | 37.21 | 1.24 |
| 19Q4 (4) | 1.32 | 15.79 | 0.0 | 3.18 | 87.06 | 0.0 | 69.16 | -13.43 | 0.0 | 28.58 | -46.71 | 0.0 | 42.92 | -20.81 | 0.0 | 54.82 | -30.89 | 0.0 |
| 19Q3 (3) | 1.14 | -3.39 | 0.0 | 1.70 | 8.97 | 0.0 | 79.89 | 3.67 | 0.0 | 53.63 | -7.88 | 0.0 | 54.20 | -11.86 | 0.0 | 79.32 | 7.49 | 0.0 |
| 19Q2 (2) | 1.18 | 11.32 | 0.0 | 1.56 | -9.3 | 0.0 | 77.06 | -10.64 | 0.0 | 58.22 | 10.14 | 0.0 | 61.49 | -5.09 | 0.0 | 73.79 | -0.69 | 0.0 |
| 19Q1 (1) | 1.06 | 0.0 | 0.0 | 1.72 | 0.0 | 0.0 | 86.24 | 0.0 | 0.0 | 52.86 | 0.0 | 0.0 | 64.79 | 0.0 | 0.0 | 74.30 | 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) | 3.15 | 1.29 | 10.97 | -3.94 | 115.86 | -1.19 | 33.28 | 4.07 | 67.84 | -16.69 | 81.29 | 19.9 |
| 2022 (9) | 3.11 | -7.44 | 11.42 | -4.27 | 117.26 | 7.81 | 31.98 | 4.51 | 81.43 | 8.78 | 67.80 | 5.1 |
| 2021 (8) | 3.36 | -22.04 | 11.93 | -15.21 | 108.77 | 28.54 | 30.60 | 17.92 | 74.86 | 34.81 | 64.51 | 17.21 |
| 2020 (7) | 4.31 | 10.23 | 14.07 | 37.94 | 84.62 | -9.37 | 25.95 | -27.47 | 55.53 | -13.06 | 55.04 | -15.67 |
| 2019 (6) | 3.91 | 7.12 | 10.20 | 18.88 | 93.37 | -6.7 | 35.78 | -15.91 | 63.87 | 15.16 | 65.27 | -25.11 |
| 2018 (5) | 3.65 | -17.05 | 8.58 | -5.61 | 100.07 | 20.55 | 42.55 | 5.98 | 55.46 | 40.02 | 87.16 | 4.32 |
| 2017 (4) | 4.40 | 24.65 | 9.09 | 17.29 | 83.01 | -19.63 | 40.15 | -14.74 | 39.61 | -18.65 | 83.55 | -17.83 |
| 2016 (3) | 3.53 | 2.62 | 7.75 | -36.68 | 103.28 | -2.58 | 47.09 | 57.97 | 48.69 | 8.56 | 101.68 | 11.76 |
| 2015 (2) | 3.44 | 1.78 | 12.24 | -22.04 | 106.02 | -1.79 | 29.81 | 28.22 | 44.85 | -8.34 | 90.98 | 10.59 |
| 2014 (1) | 3.38 | 9.74 | 15.70 | 5.09 | 107.95 | -9.03 | 23.25 | -4.83 | 48.93 | 3.95 | 82.27 | -14.32 |
