- 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) | 1.16 | -9.38 | -28.4 | 0.38 | -32.14 | -11.63 | 78.41 | 9.89 | 39.52 | 242.20 | 49.97 | 15.41 | 129.80 | 4.49 | 172.0 | 190.81 | 75.64 | -12.61 |
| 23Q3 (19) | 1.28 | -14.09 | 15.32 | 0.56 | -12.5 | 100.0 | 71.35 | 16.58 | -12.76 | 161.50 | 14.46 | -50.58 | 124.22 | 35.61 | 13.79 | 108.64 | -1.87 | -63.72 |
| 23Q2 (18) | 1.49 | -0.67 | 24.17 | 0.64 | 20.75 | 82.86 | 61.20 | 1.19 | -19.33 | 141.10 | -18.27 | -46.38 | 91.60 | 72.41 | -22.95 | 110.71 | -38.49 | -49.7 |
| 23Q1 (17) | 1.50 | -7.41 | 66.67 | 0.53 | 23.26 | 43.24 | 60.48 | 7.62 | -40.42 | 172.64 | -17.74 | -30.6 | 53.13 | 11.34 | -56.57 | 179.99 | -17.57 | -21.03 |
| 22Q4 (16) | 1.62 | 45.95 | 42.11 | 0.43 | 53.57 | -29.51 | 56.20 | -31.29 | -29.37 | 209.86 | -35.79 | 39.79 | 47.72 | -56.29 | -52.88 | 218.35 | -27.08 | 70.01 |
| 22Q3 (15) | 1.11 | -7.5 | -7.5 | 0.28 | -20.0 | -56.25 | 81.79 | 7.82 | 7.92 | 326.82 | 24.2 | 128.51 | 109.17 | -8.17 | -17.36 | 299.45 | 36.05 | 245.31 |
| 22Q2 (14) | 1.20 | 33.33 | -14.29 | 0.35 | -5.41 | -53.33 | 75.86 | -25.27 | 16.69 | 263.13 | 5.78 | 117.52 | 118.88 | -2.83 | -8.75 | 220.11 | -3.43 | 295.17 |
| 22Q1 (13) | 0.90 | -21.05 | -41.18 | 0.37 | -39.34 | -57.47 | 101.51 | 27.57 | 70.95 | 248.75 | 65.69 | 136.57 | 122.34 | 20.81 | -4.5 | 227.92 | 77.47 | 525.81 |
| 21Q4 (12) | 1.14 | -5.0 | -35.23 | 0.61 | -4.69 | -40.2 | 79.57 | 4.99 | 53.7 | 150.13 | 4.97 | 67.8 | 101.27 | -23.34 | -17.57 | 128.43 | 48.1 | 599.13 |
| 21Q3 (11) | 1.20 | -14.29 | -28.57 | 0.64 | -14.67 | -39.05 | 75.79 | 16.58 | 40.2 | 143.02 | 18.23 | 65.32 | 132.10 | 1.4 | 11.63 | 86.72 | 55.69 | 290.28 |
| 21Q2 (10) | 1.40 | -8.5 | -22.65 | 0.75 | -13.79 | -31.19 | 65.01 | 9.48 | 29.48 | 120.97 | 15.05 | 45.31 | 130.28 | 1.69 | 52.96 | 55.70 | 52.94 | 15.34 |
| 21Q1 (9) | 1.53 | -13.07 | -1.92 | 0.87 | -14.71 | 33.85 | 59.38 | 14.7 | 1.94 | 105.15 | 17.53 | -25.21 | 128.11 | 4.27 | 8.34 | 36.42 | 98.26 | -54.81 |
| 20Q4 (8) | 1.76 | 4.76 | 14.29 | 1.02 | -2.86 | 54.55 | 51.77 | -4.24 | -12.31 | 89.47 | 3.42 | -35.18 | 122.86 | 3.82 | 12.93 | 18.37 | -17.33 | -79.19 |
| 20Q3 (7) | 1.68 | -7.18 | -5.62 | 1.05 | -3.67 | 54.41 | 54.06 | 7.67 | 5.59 | 86.51 | 3.92 | -35.02 | 118.34 | 38.95 | 54.63 | 22.22 | -53.99 | -79.39 |
| 20Q2 (6) | 1.81 | 16.03 | -5.24 | 1.09 | 67.69 | 105.66 | 50.21 | -13.8 | 5.22 | 83.25 | -40.79 | -51.23 | 85.17 | -27.97 | 11.55 | 48.29 | -40.08 | -66.01 |
| 20Q1 (5) | 1.56 | 1.3 | 9.86 | 0.65 | -1.52 | 66.67 | 58.25 | -1.34 | -8.84 | 140.59 | 1.86 | -39.43 | 118.25 | 8.7 | 20.11 | 80.59 | -8.7 | -59.21 |
| 19Q4 (4) | 1.54 | -13.48 | 0.0 | 0.66 | -2.94 | 0.0 | 59.04 | 15.31 | 0.0 | 138.02 | 3.67 | 0.0 | 108.79 | 42.15 | 0.0 | 88.27 | -18.12 | 0.0 |
| 19Q3 (3) | 1.78 | -6.81 | 0.0 | 0.68 | 28.3 | 0.0 | 51.20 | 7.29 | 0.0 | 133.13 | -22.01 | 0.0 | 76.53 | 0.24 | 0.0 | 107.80 | -24.12 | 0.0 |
| 19Q2 (2) | 1.91 | 34.51 | 0.0 | 0.53 | 35.9 | 0.0 | 47.72 | -25.32 | 0.0 | 170.70 | -26.45 | 0.0 | 76.35 | -22.45 | 0.0 | 142.07 | -28.09 | 0.0 |
| 19Q1 (1) | 1.42 | 0.0 | 0.0 | 0.39 | 0.0 | 0.0 | 63.90 | 0.0 | 0.0 | 232.10 | 0.0 | 0.0 | 98.45 | 0.0 | 0.0 | 197.56 | 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) | 7.80 | 99.49 | 2.10 | 28.05 | 46.78 | -49.92 | 173.91 | -21.82 | 48.47 | -43.53 | 172.22 | -25.12 |
| 2022 (9) | 3.91 | -34.72 | 1.64 | -48.75 | 93.41 | 53.33 | 222.45 | 94.89 | 85.84 | -15.94 | 230.01 | 215.3 |
| 2021 (8) | 5.99 | -6.11 | 3.20 | 0.95 | 60.92 | 6.54 | 114.14 | -0.99 | 102.12 | -23.45 | 72.95 | 86.76 |
| 2020 (7) | 6.38 | 5.98 | 3.17 | 49.53 | 57.18 | -5.61 | 115.28 | -33.07 | 133.40 | 20.9 | 39.06 | -68.11 |
| 2019 (6) | 6.02 | -10.68 | 2.12 | -14.86 | 60.58 | 11.79 | 172.24 | 17.72 | 110.34 | 19.22 | 122.48 | 13.46 |
| 2018 (5) | 6.74 | 20.57 | 2.49 | -3.86 | 54.19 | -16.95 | 146.31 | 4.02 | 92.55 | -29.2 | 107.95 | 43.57 |
| 2017 (4) | 5.59 | 12.7 | 2.59 | -0.38 | 65.25 | -11.38 | 140.66 | 0.24 | 130.72 | 4.48 | 75.19 | -15.36 |
| 2016 (3) | 4.96 | 15.35 | 2.60 | 15.04 | 73.63 | -13.23 | 140.32 | -13.24 | 125.12 | 22.08 | 88.83 | -38.35 |
| 2015 (2) | 4.30 | -23.35 | 2.26 | -22.34 | 84.86 | 30.41 | 161.73 | 29.11 | 102.49 | 19.05 | 144.09 | 38.22 |
| 2014 (1) | 5.61 | 15.2 | 2.91 | -9.91 | 65.07 | -13.19 | 125.27 | 11.03 | 86.09 | -24.06 | 104.25 | 40.08 |
