- 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) | 0.71 | 12.7 | -26.8 | 0.43 | -23.21 | -45.57 | 127.64 | -12.17 | 36.25 | 210.96 | 30.59 | 83.57 | 69.70 | -20.38 | -29.98 | 268.90 | 22.6 | 146.56 |
| 23Q3 (19) | 0.63 | -23.17 | -46.15 | 0.56 | -28.21 | -30.0 | 145.33 | 31.16 | 87.26 | 161.54 | 37.6 | 42.84 | 87.54 | -9.64 | 1.41 | 219.33 | 67.01 | 110.15 |
| 23Q2 (18) | 0.82 | -17.17 | -8.89 | 0.78 | -4.88 | 52.94 | 110.80 | 20.82 | 9.59 | 117.40 | 6.27 | -33.93 | 96.88 | -2.72 | -21.89 | 131.33 | 28.0 | -15.14 |
| 23Q1 (17) | 0.99 | 2.06 | -9.17 | 0.82 | 3.8 | 26.15 | 91.71 | -2.1 | 10.31 | 110.47 | -3.87 | -20.97 | 99.59 | 0.05 | 9.8 | 102.60 | -5.92 | -22.41 |
| 22Q4 (16) | 0.97 | -17.09 | -33.1 | 0.79 | -1.25 | 27.42 | 93.68 | 20.71 | 49.48 | 114.92 | 1.62 | -22.11 | 99.54 | 15.32 | 3.33 | 109.06 | 4.49 | -4.24 |
| 22Q3 (15) | 1.17 | 30.0 | 0.86 | 0.80 | 56.86 | 35.59 | 77.61 | -23.23 | -1.07 | 113.09 | -36.35 | -26.94 | 86.32 | -30.4 | -27.71 | 104.37 | -32.56 | -8.33 |
| 22Q2 (14) | 0.90 | -17.43 | -10.0 | 0.51 | -21.54 | -36.25 | 101.10 | 21.6 | 11.03 | 177.68 | 27.1 | 55.68 | 124.03 | 36.75 | 16.53 | 154.76 | 17.03 | 56.72 |
| 22Q1 (13) | 1.09 | -24.83 | 29.76 | 0.65 | 4.84 | -32.99 | 83.14 | 32.66 | -23.61 | 139.79 | -5.26 | 48.93 | 90.70 | -5.84 | -5.78 | 132.24 | 16.11 | 24.25 |
| 21Q4 (12) | 1.45 | 25.0 | 52.63 | 0.62 | 5.08 | -49.59 | 62.67 | -20.11 | -34.34 | 147.55 | -4.68 | 99.8 | 96.33 | -19.32 | 23.79 | 113.89 | 0.04 | 24.51 |
| 21Q3 (11) | 1.16 | 16.0 | -5.69 | 0.59 | -26.25 | -51.24 | 78.45 | -13.85 | 5.78 | 154.80 | 35.63 | 105.28 | 119.40 | 12.18 | 54.26 | 113.85 | 15.29 | 57.75 |
| 21Q2 (10) | 1.00 | 19.05 | -9.91 | 0.80 | -17.53 | -3.61 | 91.06 | -16.34 | 10.77 | 114.13 | 21.6 | 4.11 | 106.44 | 10.58 | 8.35 | 98.75 | -7.22 | 5.5 |
| 21Q1 (9) | 0.84 | -11.58 | 20.0 | 0.97 | -21.14 | 36.62 | 108.84 | 14.04 | -16.41 | 93.86 | 27.1 | -27.01 | 96.26 | 23.7 | -22.49 | 106.43 | 16.36 | -20.94 |
| 20Q4 (8) | 0.95 | -22.76 | 25.0 | 1.23 | 1.65 | 20.59 | 95.44 | 28.69 | -20.39 | 73.85 | -2.07 | -17.32 | 77.82 | 0.54 | -30.6 | 91.47 | 26.74 | -5.75 |
| 20Q3 (7) | 1.23 | 10.81 | 28.13 | 1.21 | 45.78 | -8.33 | 74.16 | -9.79 | -21.41 | 75.41 | -31.21 | 9.66 | 77.40 | -21.21 | -8.7 | 72.17 | -22.9 | -7.89 |
| 20Q2 (6) | 1.11 | 58.57 | 20.65 | 0.83 | 16.9 | -25.89 | 82.21 | -36.86 | -17.3 | 109.62 | -14.76 | 34.39 | 98.24 | -20.9 | 15.25 | 93.60 | -30.47 | -2.24 |
| 20Q1 (5) | 0.70 | -7.89 | -17.65 | 0.71 | -30.39 | -23.66 | 130.21 | 8.62 | 22.11 | 128.60 | 43.98 | 32.05 | 124.19 | 10.75 | 21.1 | 134.62 | 38.71 | 32.66 |
| 19Q4 (4) | 0.76 | -20.83 | 0.0 | 1.02 | -22.73 | 0.0 | 119.88 | 27.05 | 0.0 | 89.32 | 29.88 | 0.0 | 112.14 | 32.27 | 0.0 | 97.05 | 23.87 | 0.0 |
| 19Q3 (3) | 0.96 | 4.35 | 0.0 | 1.32 | 17.86 | 0.0 | 94.36 | -5.08 | 0.0 | 68.77 | -15.69 | 0.0 | 84.78 | -0.54 | 0.0 | 78.35 | -18.16 | 0.0 |
| 19Q2 (2) | 0.92 | 8.24 | 0.0 | 1.12 | 20.43 | 0.0 | 99.41 | -6.77 | 0.0 | 81.57 | -16.24 | 0.0 | 85.24 | -16.88 | 0.0 | 95.74 | -5.66 | 0.0 |
| 19Q1 (1) | 0.85 | 0.0 | 0.0 | 0.93 | 0.0 | 0.0 | 106.63 | 0.0 | 0.0 | 97.39 | 0.0 | 0.0 | 102.55 | 0.0 | 0.0 | 101.48 | 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) | 3.84 | -12.73 | 2.60 | -12.16 | 95.04 | 14.56 | 140.19 | 13.73 | 98.91 | 4.23 | 136.33 | 22.44 |
| 2022 (9) | 4.40 | 24.29 | 2.96 | -5.13 | 82.96 | -19.43 | 123.27 | 5.26 | 94.90 | 3.02 | 111.34 | -12.99 |
| 2021 (8) | 3.54 | -6.1 | 3.12 | -33.33 | 102.97 | 6.33 | 117.11 | 50.08 | 92.12 | 8.62 | 127.96 | 42.08 |
| 2020 (7) | 3.77 | -6.68 | 4.68 | 9.35 | 96.84 | 7.2 | 78.03 | -8.61 | 84.81 | -12.72 | 90.06 | 14.67 |
| 2019 (6) | 4.04 | -12.17 | 4.28 | -5.52 | 90.34 | 13.75 | 85.38 | 6.02 | 97.17 | -8.66 | 78.54 | 46.64 |
| 2018 (5) | 4.60 | -5.15 | 4.53 | -25.86 | 79.42 | 5.46 | 80.53 | 34.71 | 106.38 | 0.82 | 53.56 | 81.01 |
| 2017 (4) | 4.85 | 21.55 | 6.11 | 0.49 | 75.31 | -17.6 | 59.78 | -0.33 | 105.51 | 5.02 | 29.59 | -41.88 |
| 2016 (3) | 3.99 | -2.92 | 6.08 | 0.5 | 91.40 | 2.87 | 59.98 | -0.6 | 100.47 | 2.64 | 50.91 | -0.76 |
| 2015 (2) | 4.11 | -3.07 | 6.05 | 6.33 | 88.85 | 3.1 | 60.34 | -5.9 | 97.89 | -14.76 | 51.30 | 44.67 |
| 2014 (1) | 4.24 | -8.62 | 5.69 | -20.53 | 86.18 | 9.55 | 64.12 | 25.8 | 114.84 | 10.09 | 35.46 | 39.99 |
