- 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) | 3.19 | -22.38 | -1.54 | 0.69 | -5.48 | 40.82 | 28.49 | 28.8 | 1.5 | 132.12 | 6.45 | -28.56 | 70.39 | 38.89 | 37.64 | 90.22 | -5.6 | -44.27 |
| 23Q3 (19) | 4.11 | 15.13 | 40.75 | 0.73 | 35.19 | 35.19 | 22.12 | -13.25 | -28.94 | 124.12 | -25.9 | -25.92 | 50.68 | 8.36 | -0.33 | 95.57 | -34.64 | -35.35 |
| 23Q2 (18) | 3.57 | -0.83 | 43.95 | 0.54 | 3.85 | 8.0 | 25.50 | 0.91 | -30.44 | 167.50 | -5.13 | -8.66 | 46.77 | 12.02 | -30.33 | 146.23 | -8.65 | -4.37 |
| 23Q1 (17) | 3.60 | 11.11 | 15.02 | 0.52 | 6.12 | -18.75 | 25.27 | -9.98 | -12.98 | 176.56 | -4.54 | 24.97 | 41.75 | -18.36 | -40.94 | 160.08 | -1.11 | 60.67 |
| 22Q4 (16) | 3.24 | 10.96 | -11.72 | 0.49 | -9.26 | -16.95 | 28.07 | -9.83 | 13.32 | 184.95 | 10.38 | 19.89 | 51.14 | 0.57 | -37.08 | 161.88 | 9.5 | 65.59 |
| 22Q3 (15) | 2.92 | 17.74 | -24.55 | 0.54 | 8.0 | -14.29 | 31.13 | -15.08 | 32.47 | 167.55 | -8.64 | 15.79 | 50.85 | -24.25 | -39.04 | 147.83 | -3.33 | 74.35 |
| 22Q2 (14) | 2.48 | -20.77 | -46.9 | 0.50 | -21.88 | -34.21 | 36.66 | 26.24 | 88.1 | 183.39 | 29.81 | 53.0 | 67.13 | -5.04 | -6.32 | 152.92 | 53.49 | 125.91 |
| 22Q1 (13) | 3.13 | -14.71 | -35.06 | 0.64 | 8.47 | -16.88 | 29.04 | 17.24 | 53.81 | 141.28 | -8.41 | 20.18 | 70.69 | -13.03 | 3.74 | 99.63 | 1.91 | 45.87 |
| 21Q4 (12) | 3.67 | -5.17 | -15.63 | 0.59 | -6.35 | -36.56 | 24.77 | 5.4 | 18.35 | 154.26 | 6.61 | 57.07 | 81.28 | -2.55 | 48.16 | 97.76 | 15.3 | 52.06 |
| 21Q3 (11) | 3.87 | -17.13 | -8.73 | 0.63 | -17.11 | -25.0 | 23.50 | 20.57 | 9.46 | 144.70 | 20.72 | 32.86 | 83.41 | 16.4 | 85.69 | 84.79 | 25.26 | -0.78 |
| 21Q2 (10) | 4.67 | -3.11 | 38.58 | 0.76 | -1.3 | 26.67 | 19.49 | 3.23 | -27.92 | 119.86 | 1.96 | -20.87 | 71.66 | 5.17 | 24.56 | 67.69 | -0.89 | -44.05 |
| 21Q1 (9) | 4.82 | 10.8 | 38.51 | 0.77 | -17.2 | 4.05 | 18.88 | -9.79 | -27.77 | 117.56 | 19.7 | -4.82 | 68.14 | 24.21 | 40.32 | 68.30 | 6.24 | -32.44 |
| 20Q4 (8) | 4.35 | 2.59 | 48.46 | 0.93 | 10.71 | 30.99 | 20.93 | -2.52 | -32.51 | 98.21 | -9.82 | -23.02 | 54.86 | 22.13 | 1.86 | 64.29 | -24.77 | -38.61 |
| 20Q3 (7) | 4.24 | 25.82 | 18.77 | 0.84 | 40.0 | -9.68 | 21.47 | -20.6 | -15.84 | 108.91 | -28.1 | 10.9 | 44.92 | -21.92 | 6.09 | 85.46 | -29.37 | 5.01 |
| 20Q2 (6) | 3.37 | -3.16 | -20.71 | 0.60 | -18.92 | -30.23 | 27.04 | 3.44 | 26.36 | 151.48 | 22.65 | 43.31 | 57.53 | 18.47 | 31.26 | 120.99 | 19.67 | 45.3 |
| 20Q1 (5) | 3.48 | 18.77 | -23.35 | 0.74 | 4.23 | -7.5 | 26.14 | -15.7 | 30.5 | 123.51 | -3.19 | 8.63 | 48.56 | -9.84 | -11.47 | 101.10 | -3.47 | 28.17 |
| 19Q4 (4) | 2.93 | -17.93 | 0.0 | 0.71 | -23.66 | 0.0 | 31.01 | 21.56 | 0.0 | 127.58 | 29.91 | 0.0 | 53.86 | 27.21 | 0.0 | 104.73 | 28.69 | 0.0 |
| 19Q3 (3) | 3.57 | -16.0 | 0.0 | 0.93 | 8.14 | 0.0 | 25.51 | 19.21 | 0.0 | 98.21 | -7.09 | 0.0 | 42.34 | -3.4 | 0.0 | 81.38 | -2.27 | 0.0 |
| 19Q2 (2) | 4.25 | -6.39 | 0.0 | 0.86 | 7.5 | 0.0 | 21.40 | 6.84 | 0.0 | 105.70 | -7.04 | 0.0 | 43.83 | -20.09 | 0.0 | 83.27 | 5.57 | 0.0 |
| 19Q1 (1) | 4.54 | 0.0 | 0.0 | 0.80 | 0.0 | 0.0 | 20.03 | 0.0 | 0.0 | 113.70 | 0.0 | 0.0 | 54.85 | 0.0 | 0.0 | 78.88 | 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) | 14.49 | -9.38 | 2.44 | 3.83 | 25.20 | 10.38 | 149.83 | -3.69 | 51.26 | -19.79 | 123.77 | 8.11 |
| 2022 (9) | 15.99 | -3.73 | 2.35 | -14.86 | 22.83 | 3.91 | 155.57 | 17.76 | 63.91 | -16.88 | 114.49 | 48.32 |
| 2021 (8) | 16.61 | 10.44 | 2.76 | -12.38 | 21.97 | -9.44 | 132.11 | 13.98 | 76.89 | 29.71 | 77.19 | -4.59 |
| 2020 (7) | 15.04 | -10.53 | 3.15 | 2.94 | 24.26 | 11.75 | 115.91 | -2.95 | 59.28 | 4.68 | 80.90 | -4.26 |
| 2019 (6) | 16.81 | -13.88 | 3.06 | 7.37 | 21.71 | 16.1 | 119.43 | -6.86 | 56.63 | -3.54 | 84.50 | -4.21 |
| 2018 (5) | 19.52 | -14.39 | 2.85 | 0.35 | 18.70 | 16.8 | 128.23 | -0.09 | 58.71 | 2.16 | 88.21 | 1.53 |
| 2017 (4) | 22.80 | 390.32 | 2.84 | 1.79 | 16.01 | -79.61 | 128.34 | -1.84 | 57.47 | -17.42 | 86.88 | -37.81 |
| 2016 (3) | 4.65 | -8.46 | 2.79 | -37.02 | 78.52 | 9.37 | 130.75 | 58.66 | 69.59 | 93.9 | 139.69 | 18.07 |
| 2015 (2) | 5.08 | -31.54 | 4.43 | -13.65 | 71.79 | 46.03 | 82.41 | 15.79 | 35.89 | 29.05 | 118.31 | 27.88 |
| 2014 (1) | 7.42 | -1.85 | 5.13 | -19.72 | 49.16 | 1.76 | 71.17 | 24.62 | 27.81 | 22.3 | 92.52 | 11.9 |
