- 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) | 1.99 | 25.95 | 4.19 | 1.34 | 8.06 | 7.2 | 45.80 | -20.67 | -3.66 | 67.94 | -7.17 | -6.48 | 50.73 | 20.84 | 34.53 | 63.01 | -29.15 | -23.61 |
| 23Q3 (19) | 1.58 | 6.76 | 31.67 | 1.24 | 20.39 | 67.57 | 57.73 | -6.34 | -24.14 | 73.19 | -16.88 | -40.82 | 41.98 | -11.86 | 62.78 | 88.94 | -12.86 | -48.89 |
| 23Q2 (18) | 1.48 | -15.43 | 26.5 | 1.03 | -8.04 | 71.67 | 61.64 | 18.81 | -20.84 | 88.05 | 8.42 | -41.84 | 47.63 | -20.43 | -40.52 | 102.06 | 39.37 | -31.59 |
| 23Q1 (17) | 1.75 | -8.38 | 1.16 | 1.12 | -10.4 | -2.61 | 51.88 | 9.13 | -1.12 | 81.21 | 11.78 | 2.55 | 59.86 | 58.74 | -20.57 | 73.23 | -11.23 | 30.07 |
| 22Q4 (16) | 1.91 | 59.17 | -33.91 | 1.25 | 68.92 | -45.41 | 47.54 | -37.53 | 50.87 | 72.65 | -41.26 | 83.14 | 37.71 | 46.22 | -20.24 | 82.49 | -52.59 | 245.15 |
| 22Q3 (15) | 1.20 | 2.56 | -46.43 | 0.74 | 23.33 | -63.9 | 76.10 | -2.27 | 87.12 | 123.68 | -18.31 | 178.87 | 25.79 | -67.79 | -45.99 | 174.00 | 16.63 | 366.86 |
| 22Q2 (14) | 1.17 | -32.37 | -58.21 | 0.60 | -47.83 | -71.7 | 77.87 | 48.41 | 139.97 | 151.40 | 91.19 | 252.75 | 80.08 | 6.26 | 91.12 | 149.19 | 164.99 | 345.61 |
| 22Q1 (13) | 1.73 | -40.14 | -26.07 | 1.15 | -49.78 | -31.14 | 52.47 | 66.52 | 34.99 | 79.19 | 99.62 | 44.9 | 75.36 | 59.39 | 51.26 | 56.30 | 135.56 | 28.8 |
| 21Q4 (12) | 2.89 | 29.02 | 8.65 | 2.29 | 11.71 | 13.93 | 31.51 | -22.52 | -7.97 | 39.67 | -10.55 | -12.23 | 47.28 | -0.98 | 9.17 | 23.90 | -35.87 | -33.87 |
| 21Q3 (11) | 2.24 | -20.0 | -19.13 | 2.05 | -3.3 | 15.82 | 40.67 | 25.33 | 23.81 | 44.35 | 3.33 | -13.88 | 47.75 | 13.96 | 2.49 | 37.27 | 11.32 | -1.27 |
| 21Q2 (10) | 2.80 | 19.66 | 10.24 | 2.12 | 26.95 | 35.9 | 32.45 | -16.52 | -9.26 | 42.92 | -21.46 | -26.42 | 41.90 | -15.9 | 1.5 | 33.48 | -23.4 | -36.61 |
| 21Q1 (9) | 2.34 | -12.03 | 22.51 | 1.67 | -16.92 | 35.77 | 38.87 | 13.52 | -18.61 | 54.65 | 20.91 | -26.24 | 49.82 | 15.03 | 33.35 | 43.71 | 20.95 | -48.26 |
| 20Q4 (8) | 2.66 | -3.97 | 40.0 | 2.01 | 13.56 | 28.85 | 34.24 | 4.23 | -28.67 | 45.20 | -12.23 | -22.72 | 43.31 | -7.04 | 16.27 | 36.14 | -4.26 | -47.81 |
| 20Q3 (7) | 2.77 | 9.06 | 66.87 | 1.77 | 13.46 | 30.15 | 32.85 | -8.14 | -40.12 | 51.50 | -11.71 | -22.78 | 46.59 | 12.86 | -1.87 | 37.75 | -28.53 | -49.03 |
| 20Q2 (6) | 2.54 | 32.98 | 38.04 | 1.56 | 26.83 | 19.08 | 35.76 | -25.13 | -27.51 | 58.33 | -21.27 | -15.72 | 41.28 | 10.49 | 9.44 | 52.82 | -37.48 | -34.65 |
| 20Q1 (5) | 1.91 | 0.53 | 2.14 | 1.23 | -21.15 | 55.7 | 47.76 | -0.5 | -1.71 | 74.09 | 26.67 | -35.44 | 37.36 | 0.3 | 0.03 | 84.48 | 21.99 | -32.96 |
| 19Q4 (4) | 1.90 | 14.46 | 0.0 | 1.56 | 14.71 | 0.0 | 48.00 | -12.5 | 0.0 | 58.49 | -12.3 | 0.0 | 37.25 | -21.55 | 0.0 | 69.25 | -6.51 | 0.0 |
| 19Q3 (3) | 1.66 | -9.78 | 0.0 | 1.36 | 3.82 | 0.0 | 54.86 | 11.21 | 0.0 | 66.69 | -3.64 | 0.0 | 47.48 | 25.87 | 0.0 | 74.07 | -8.36 | 0.0 |
| 19Q2 (2) | 1.84 | -1.6 | 0.0 | 1.31 | 65.82 | 0.0 | 49.33 | 1.52 | 0.0 | 69.21 | -39.7 | 0.0 | 37.72 | 0.99 | 0.0 | 80.83 | -35.85 | 0.0 |
| 19Q1 (1) | 1.87 | 0.0 | 0.0 | 0.79 | 0.0 | 0.0 | 48.59 | 0.0 | 0.0 | 114.77 | 0.0 | 0.0 | 37.35 | 0.0 | 0.0 | 126.01 | 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) | 6.37 | 44.77 | 3.96 | 4.21 | 57.31 | -30.92 | 92.20 | -3.94 | 69.27 | -32.37 | 80.24 | 4.88 |
| 2022 (9) | 4.40 | -50.34 | 3.80 | -47.66 | 82.96 | 101.46 | 95.98 | 90.89 | 102.43 | 66.72 | 76.51 | 154.86 |
| 2021 (8) | 8.86 | 7.79 | 7.26 | 3.86 | 41.18 | -7.31 | 50.28 | -3.72 | 61.44 | 50.15 | 30.02 | -46.13 |
| 2020 (7) | 8.22 | -15.86 | 6.99 | 49.68 | 44.43 | 18.92 | 52.22 | -33.18 | 40.92 | 42.93 | 55.73 | -35.85 |
| 2019 (6) | 9.77 | -18.92 | 4.67 | -33.48 | 37.36 | 23.34 | 78.15 | 50.35 | 28.63 | -14.28 | 86.88 | 77.74 |
| 2018 (5) | 12.05 | 31.98 | 7.02 | -16.23 | 30.29 | -24.22 | 51.98 | 19.3 | 33.40 | -24.52 | 48.88 | 24.41 |
| 2017 (4) | 9.13 | 32.32 | 8.38 | 19.37 | 39.97 | -24.39 | 43.57 | -16.16 | 44.25 | -4.84 | 39.29 | -32.64 |
| 2016 (3) | 6.90 | 20.63 | 7.02 | -4.62 | 52.86 | -17.13 | 51.97 | 4.8 | 46.50 | 18.83 | 58.33 | -21.44 |
| 2015 (2) | 5.72 | 3.62 | 7.36 | -4.91 | 63.79 | -3.54 | 49.59 | 5.22 | 39.13 | -15.05 | 74.25 | 10.49 |
| 2014 (1) | 5.52 | -4.33 | 7.74 | 7.2 | 66.13 | 4.47 | 47.13 | -6.8 | 46.06 | -4.99 | 67.20 | 2.77 |
