- 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) | 0.59 | -3.28 | 5.36 | 1.98 | -9.59 | -10.0 | 154.95 | 3.64 | -4.35 | 45.96 | 10.4 | 11.07 | 96.84 | 11.93 | 25.78 | 104.06 | -0.54 | -17.66 |
| 23Q3 (19) | 0.61 | 24.49 | 24.49 | 2.19 | 12.31 | 25.86 | 149.51 | -19.11 | -20.07 | 41.63 | -10.88 | -20.26 | 86.52 | -10.87 | 10.87 | 104.63 | -22.18 | -35.11 |
| 23Q2 (18) | 0.49 | -7.55 | -9.26 | 1.95 | -7.58 | 26.62 | 184.82 | 6.78 | 10.22 | 46.71 | 8.53 | -20.76 | 97.07 | 2.08 | 16.08 | 134.45 | 11.09 | -5.99 |
| 23Q1 (17) | 0.53 | -5.36 | -11.67 | 2.11 | -4.09 | 49.65 | 173.08 | 6.85 | 13.82 | 43.04 | 4.01 | -33.52 | 95.09 | 23.51 | 6.58 | 121.03 | -4.23 | -5.14 |
| 22Q4 (16) | 0.56 | 14.29 | -5.08 | 2.20 | 26.44 | 67.94 | 161.99 | -13.4 | 4.5 | 41.38 | -20.74 | -40.44 | 76.99 | -1.35 | -26.19 | 126.38 | -21.62 | 5.15 |
| 22Q3 (15) | 0.49 | -9.26 | -24.62 | 1.74 | 12.99 | 12.99 | 187.05 | 11.55 | 33.48 | 52.21 | -11.43 | -11.79 | 78.04 | -6.67 | -23.35 | 161.23 | 12.74 | 65.36 |
| 22Q2 (14) | 0.54 | -10.0 | -19.4 | 1.54 | 9.22 | -5.52 | 167.68 | 10.27 | 22.77 | 58.95 | -8.94 | 5.29 | 83.62 | -6.28 | -17.51 | 143.01 | 12.09 | 56.81 |
| 22Q1 (13) | 0.60 | 1.69 | -10.45 | 1.41 | 7.63 | -16.57 | 152.07 | -1.9 | 12.74 | 64.74 | -6.82 | 20.25 | 89.22 | -14.47 | 0.38 | 127.59 | 6.16 | 27.78 |
| 21Q4 (12) | 0.59 | -9.23 | 5.36 | 1.31 | -14.94 | -13.25 | 155.01 | 10.62 | -5.41 | 69.48 | 17.38 | 15.2 | 104.31 | 2.45 | 1.64 | 120.19 | 23.27 | -1.13 |
| 21Q3 (11) | 0.65 | -2.99 | 20.37 | 1.54 | -5.52 | -0.65 | 140.13 | 2.6 | -17.28 | 59.19 | 5.72 | 0.56 | 101.82 | 0.44 | -10.51 | 97.50 | 6.91 | -14.83 |
| 21Q2 (10) | 0.67 | 0.0 | -2.9 | 1.63 | -3.55 | -8.43 | 136.58 | 1.25 | 3.29 | 55.99 | 3.99 | 9.25 | 101.37 | 14.05 | 6.55 | 91.20 | -8.66 | 3.24 |
| 21Q1 (9) | 0.67 | 19.64 | 21.82 | 1.69 | 11.92 | 13.42 | 134.89 | -17.69 | -18.17 | 53.84 | -10.73 | -11.78 | 88.88 | -13.4 | -28.39 | 99.85 | -17.86 | -1.89 |
| 20Q4 (8) | 0.56 | 3.7 | -3.45 | 1.51 | -2.58 | -25.98 | 163.88 | -3.26 | 4.04 | 60.31 | 2.46 | 34.98 | 102.63 | -9.8 | -9.35 | 121.56 | 6.18 | 36.61 |
| 20Q3 (7) | 0.54 | -21.74 | -12.9 | 1.55 | -12.92 | -39.45 | 169.40 | 28.11 | 15.66 | 58.86 | 14.85 | 65.34 | 113.78 | 19.59 | 18.52 | 114.48 | 29.59 | 33.02 |
| 20Q2 (6) | 0.69 | 25.45 | 9.52 | 1.78 | 19.46 | -32.06 | 132.23 | -19.79 | -8.88 | 51.25 | -16.02 | 47.48 | 95.14 | -23.35 | 6.19 | 88.34 | -13.2 | -2.15 |
| 20Q1 (5) | 0.55 | -5.17 | -6.78 | 1.49 | -26.96 | -40.64 | 164.85 | 4.65 | 6.55 | 61.03 | 36.59 | 68.31 | 124.12 | 9.63 | 33.09 | 101.77 | 14.37 | 4.14 |
| 19Q4 (4) | 0.58 | -6.45 | 0.0 | 2.04 | -20.31 | 0.0 | 157.52 | 7.55 | 0.0 | 44.68 | 25.51 | 0.0 | 113.22 | 17.94 | 0.0 | 88.98 | 3.39 | 0.0 |
| 19Q3 (3) | 0.62 | -1.59 | 0.0 | 2.56 | -2.29 | 0.0 | 146.46 | 0.92 | 0.0 | 35.60 | 2.45 | 0.0 | 96.00 | 7.15 | 0.0 | 86.06 | -4.67 | 0.0 |
| 19Q2 (2) | 0.63 | 6.78 | 0.0 | 2.62 | 4.38 | 0.0 | 145.12 | -6.2 | 0.0 | 34.75 | -4.16 | 0.0 | 89.59 | -3.94 | 0.0 | 90.28 | -7.61 | 0.0 |
| 19Q1 (1) | 0.59 | 0.0 | 0.0 | 2.51 | 0.0 | 0.0 | 154.72 | 0.0 | 0.0 | 36.26 | 0.0 | 0.0 | 93.26 | 0.0 | 0.0 | 97.72 | 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) | 2.12 | -7.83 | 7.65 | 19.91 | 171.86 | 8.09 | 47.72 | -16.6 | 98.98 | 4.71 | 120.60 | -0.9 |
| 2022 (9) | 2.30 | -14.81 | 6.38 | 1.11 | 159.00 | 17.71 | 57.22 | -1.04 | 94.53 | 14.78 | 121.70 | 10.1 |
| 2021 (8) | 2.70 | 13.92 | 6.31 | -8.95 | 135.08 | -12.13 | 57.82 | 9.8 | 82.36 | -17.82 | 110.54 | 4.13 |
| 2020 (7) | 2.37 | -3.27 | 6.93 | -22.48 | 153.72 | 3.26 | 52.66 | 28.94 | 100.22 | -2.02 | 106.16 | 21.45 |
| 2019 (6) | 2.45 | -6.49 | 8.94 | -26.9 | 148.86 | 6.92 | 40.84 | 36.82 | 102.29 | 17.51 | 87.41 | 6.56 |
| 2018 (5) | 2.62 | -2.24 | 12.23 | -6.14 | 139.23 | 2.2 | 29.85 | 6.53 | 87.05 | -7.94 | 82.03 | 17.71 |
| 2017 (4) | 2.68 | 1.9 | 13.03 | -14.67 | 136.23 | -1.79 | 28.02 | 17.24 | 94.56 | -1.09 | 69.69 | 3.98 |
| 2016 (3) | 2.63 | 3.54 | 15.27 | -9.7 | 138.72 | -3.41 | 23.90 | 10.75 | 95.60 | -5.23 | 67.02 | 4.21 |
| 2015 (2) | 2.54 | -7.64 | 16.91 | -8.74 | 143.61 | 8.14 | 21.58 | 9.54 | 100.88 | 1.24 | 64.31 | 21.66 |
| 2014 (1) | 2.75 | -8.64 | 18.53 | -5.75 | 132.80 | 9.61 | 19.70 | 6.14 | 99.64 | 1.85 | 52.86 | 26.22 |
