- 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) | 0.64 | 56.1 | -20.99 | 2.14 | 68.5 | 64.62 | 141.87 | -36.62 | 26.34 | 42.60 | -40.65 | -39.19 | 102.67 | -38.88 | 36.98 | 81.80 | -35.92 | -23.84 |
| 23Q3 (19) | 0.41 | -53.41 | -16.33 | 1.27 | -40.09 | 71.62 | 223.85 | 116.66 | 21.16 | 71.78 | 67.55 | -41.35 | 167.98 | 171.68 | 51.8 | 127.65 | 51.37 | -35.03 |
| 23Q2 (18) | 0.88 | 72.55 | 104.65 | 2.12 | 116.33 | 127.96 | 103.32 | -41.96 | -50.68 | 42.84 | -53.79 | -56.13 | 61.83 | -42.34 | -46.43 | 84.33 | -48.42 | -56.01 |
| 23Q1 (17) | 0.51 | -37.04 | 37.84 | 0.98 | -24.62 | -23.44 | 178.02 | 58.54 | -28.25 | 92.71 | 32.33 | 30.19 | 107.24 | 43.08 | -14.33 | 163.49 | 52.21 | -15.79 |
| 22Q4 (16) | 0.81 | 65.31 | 0.0 | 1.30 | 75.68 | -46.28 | 112.29 | -39.22 | -0.05 | 70.06 | -42.75 | 86.43 | 74.95 | -32.27 | 36.72 | 107.41 | -45.33 | 12.93 |
| 22Q3 (15) | 0.49 | 13.95 | -20.97 | 0.74 | -20.43 | -50.0 | 184.75 | -11.81 | 25.0 | 122.38 | 25.31 | 98.8 | 110.66 | -4.12 | 108.6 | 196.47 | 2.48 | 25.7 |
| 22Q2 (14) | 0.43 | 16.22 | 72.0 | 0.93 | -27.34 | 22.37 | 209.48 | -15.57 | -42.05 | 97.66 | 37.14 | -18.4 | 115.42 | -7.8 | -3.81 | 191.72 | -1.25 | -46.92 |
| 22Q1 (13) | 0.37 | -54.32 | -51.95 | 1.28 | -47.11 | -52.59 | 248.11 | 120.84 | 109.96 | 71.21 | 89.49 | 110.99 | 125.18 | 128.35 | 293.4 | 194.14 | 104.12 | 61.65 |
| 21Q4 (12) | 0.81 | 30.65 | 97.56 | 2.42 | 63.51 | 114.16 | 112.35 | -23.99 | -49.36 | 37.58 | -38.95 | -53.4 | 54.82 | 3.34 | -48.44 | 95.11 | -39.15 | -51.52 |
| 21Q3 (11) | 0.62 | 148.0 | -34.04 | 1.48 | 94.74 | -72.69 | 147.80 | -59.12 | 52.53 | 61.56 | -48.56 | 266.87 | 53.05 | -55.79 | 28.73 | 156.30 | -56.73 | 115.71 |
| 21Q2 (10) | 0.25 | -67.53 | -62.12 | 0.76 | -71.85 | -79.12 | 361.51 | 205.92 | 161.11 | 119.68 | 254.61 | 378.91 | 119.99 | 277.09 | 205.01 | 361.20 | 200.75 | 191.06 |
| 21Q1 (9) | 0.77 | 87.8 | 20.31 | 2.70 | 138.94 | 61.68 | 118.17 | -46.74 | -17.51 | 33.75 | -58.15 | -38.08 | 31.82 | -70.07 | 10.22 | 120.10 | -38.79 | -28.89 |
| 20Q4 (8) | 0.41 | -56.38 | 0.0 | 1.13 | -79.15 | 10.78 | 221.86 | 128.96 | 0.21 | 80.65 | 380.63 | -9.32 | 106.32 | 158.0 | -25.55 | 196.20 | 170.77 | 17.11 |
| 20Q3 (7) | 0.94 | 42.42 | 176.47 | 5.42 | 48.9 | 179.38 | 96.90 | -30.01 | -63.32 | 16.78 | -32.85 | -64.17 | 41.21 | 4.75 | -77.36 | 72.46 | -41.61 | -43.83 |
| 20Q2 (6) | 0.66 | 3.13 | -51.11 | 3.64 | 117.96 | -54.04 | 138.45 | -3.36 | 105.6 | 24.99 | -54.16 | 117.49 | 39.34 | 36.27 | 23.63 | 124.10 | -26.52 | 164.04 |
| 20Q1 (5) | 0.64 | 56.1 | 326.67 | 1.67 | 63.73 | 28.46 | 143.26 | -35.29 | -76.45 | 54.51 | -38.71 | -22.39 | 28.87 | -79.78 | -85.97 | 168.90 | 0.82 | -64.27 |
| 19Q4 (4) | 0.41 | 20.59 | 0.0 | 1.02 | -47.42 | 0.0 | 221.40 | -16.19 | 0.0 | 88.94 | 89.92 | 0.0 | 142.81 | -21.53 | 0.0 | 167.53 | 29.86 | 0.0 |
| 19Q3 (3) | 0.34 | -74.81 | 0.0 | 1.94 | -75.51 | 0.0 | 264.17 | 292.29 | 0.0 | 46.83 | 307.57 | 0.0 | 181.99 | 471.94 | 0.0 | 129.01 | 174.49 | 0.0 |
| 19Q2 (2) | 1.35 | 800.0 | 0.0 | 7.92 | 509.23 | 0.0 | 67.34 | -88.93 | 0.0 | 11.49 | -83.64 | 0.0 | 31.82 | -84.54 | 0.0 | 47.00 | -90.06 | 0.0 |
| 19Q1 (1) | 0.15 | 0.0 | 0.0 | 1.30 | 0.0 | 0.0 | 608.20 | 0.0 | 0.0 | 70.24 | 0.0 | 0.0 | 205.76 | 0.0 | 0.0 | 472.68 | 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) | 3.21 | 91.07 | 7.56 | 65.43 | 113.80 | -47.76 | 48.28 | -39.49 | 89.22 | -33.98 | 72.85 | -55.17 |
| 2022 (9) | 1.68 | -32.26 | 4.57 | -42.23 | 217.85 | 47.76 | 79.79 | 72.93 | 135.15 | 129.77 | 162.49 | 20.58 |
| 2021 (8) | 2.48 | -30.73 | 7.91 | 24.76 | 147.44 | 44.59 | 46.14 | -19.84 | 58.82 | 107.48 | 134.76 | 2.72 |
| 2020 (7) | 3.58 | 86.46 | 6.34 | -24.61 | 101.97 | -46.39 | 57.56 | 32.69 | 28.35 | -54.2 | 131.19 | -23.59 |
| 2019 (6) | 1.92 | 1.05 | 8.41 | 13.96 | 190.22 | -1.06 | 43.38 | -12.33 | 61.90 | -32.59 | 171.70 | 14.54 |
| 2018 (5) | 1.90 | 280.0 | 7.38 | 589.72 | 192.25 | -73.64 | 49.48 | -85.52 | 91.82 | -76.5 | 149.91 | -77.97 |
| 2017 (4) | 0.50 | -83.97 | 1.07 | -83.64 | 729.35 | 524.18 | 341.68 | 512.55 | 390.66 | 666.6 | 680.37 | 459.19 |
| 2016 (3) | 3.12 | 8.71 | 6.54 | 34.02 | 116.85 | -8.16 | 55.78 | -25.5 | 50.96 | 2.66 | 121.67 | -20.2 |
| 2015 (2) | 2.87 | 5.9 | 4.88 | 1.46 | 127.23 | -5.45 | 74.87 | -1.34 | 49.64 | -12.57 | 152.46 | -0.79 |
| 2014 (1) | 2.71 | 9.27 | 4.81 | 13.44 | 134.57 | -8.64 | 75.89 | -11.93 | 56.78 | -30.05 | 153.67 | 0.89 |
