- 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) | 1.23 | -3.91 | -40.87 | 0.16 | -11.11 | -40.74 | 74.03 | 3.76 | 68.83 | 552.58 | 9.88 | 62.58 | 70.40 | 2.36 | 14.43 | 556.21 | 10.04 | 72.62 |
| 23Q3 (19) | 1.28 | -16.88 | -22.89 | 0.18 | -10.0 | 12.5 | 71.35 | 20.44 | 30.3 | 502.89 | 8.54 | -13.48 | 68.78 | -9.55 | -48.17 | 505.45 | 13.2 | 0.43 |
| 23Q2 (18) | 1.54 | -16.76 | -1.28 | 0.20 | -20.0 | 25.0 | 59.24 | 20.26 | 1.33 | 463.31 | 26.03 | -18.61 | 76.04 | 1.9 | -61.01 | 446.50 | 30.46 | 3.19 |
| 23Q1 (17) | 1.85 | -11.06 | 25.85 | 0.25 | -7.41 | -21.88 | 49.26 | 12.34 | -20.63 | 367.62 | 8.16 | 27.95 | 74.62 | 21.29 | -41.36 | 342.26 | 6.22 | 54.08 |
| 22Q4 (16) | 2.08 | 25.3 | 15.56 | 0.27 | 68.75 | -54.24 | 43.85 | -19.92 | -13.39 | 339.89 | -41.52 | 119.34 | 61.52 | -53.64 | -12.66 | 322.21 | -35.98 | 138.41 |
| 22Q3 (15) | 1.66 | 6.41 | -9.78 | 0.16 | 0.0 | -54.29 | 54.76 | -6.33 | 10.94 | 581.22 | 2.1 | 122.77 | 132.70 | -31.95 | 48.98 | 503.29 | 16.31 | 127.52 |
| 22Q2 (14) | 1.56 | 6.12 | -43.07 | 0.16 | -50.0 | -63.64 | 58.46 | -5.8 | 75.93 | 569.26 | 98.13 | 172.45 | 195.00 | 53.24 | 170.01 | 432.71 | 94.8 | 154.61 |
| 22Q1 (13) | 1.47 | -18.33 | -29.33 | 0.32 | -45.76 | -25.58 | 62.06 | 22.58 | 41.72 | 287.32 | 85.42 | 36.33 | 127.25 | 80.65 | 70.23 | 222.13 | 64.36 | 23.54 |
| 21Q4 (12) | 1.80 | -2.17 | -37.06 | 0.59 | 68.57 | 11.32 | 50.63 | 2.57 | 59.31 | 154.96 | -40.61 | -9.59 | 70.44 | -20.92 | 24.25 | 135.15 | -38.9 | -7.75 |
| 21Q3 (11) | 1.84 | -32.85 | -30.83 | 0.35 | -20.45 | -10.26 | 49.36 | 48.54 | 44.37 | 260.91 | 24.87 | 13.16 | 89.07 | 23.33 | 29.48 | 221.21 | 30.16 | 12.88 |
| 21Q2 (10) | 2.74 | 31.73 | 42.71 | 0.44 | 2.33 | 41.94 | 33.23 | -24.12 | -30.0 | 208.94 | -0.86 | -29.56 | 72.22 | -3.38 | -7.52 | 169.95 | -5.48 | -36.11 |
| 21Q1 (9) | 2.08 | -27.27 | 70.49 | 0.43 | -18.87 | 59.26 | 43.79 | 37.79 | -41.39 | 210.76 | 22.96 | -37.52 | 74.75 | 31.86 | -26.05 | 179.81 | 22.74 | -42.17 |
| 20Q4 (8) | 2.86 | 7.52 | 4.0 | 0.53 | 35.9 | -8.62 | 31.78 | -7.05 | -4.1 | 171.40 | -25.66 | 9.96 | 56.69 | -17.59 | 23.53 | 146.50 | -25.24 | 2.35 |
| 20Q3 (7) | 2.66 | 38.54 | 101.52 | 0.39 | 25.81 | 69.57 | 34.19 | -27.98 | -50.23 | 230.56 | -22.27 | -42.93 | 68.79 | -11.91 | -30.63 | 195.97 | -26.33 | -47.54 |
| 20Q2 (6) | 1.92 | 57.38 | 31.51 | 0.31 | 14.81 | 10.71 | 47.47 | -36.46 | -23.87 | 296.63 | -12.06 | -7.59 | 78.09 | -22.74 | -2.09 | 266.01 | -14.45 | -12.38 |
| 20Q1 (5) | 1.22 | -55.64 | -30.29 | 0.27 | -53.45 | -35.71 | 74.71 | 125.44 | 43.51 | 337.32 | 116.41 | 55.65 | 101.08 | 120.27 | 32.79 | 310.95 | 117.25 | 61.39 |
| 19Q4 (4) | 2.75 | 108.33 | 0.0 | 0.58 | 152.17 | 0.0 | 33.14 | -51.76 | 0.0 | 155.87 | -61.42 | 0.0 | 45.89 | -53.72 | 0.0 | 143.13 | -61.68 | 0.0 |
| 19Q3 (3) | 1.32 | -9.59 | 0.0 | 0.23 | -17.86 | 0.0 | 68.70 | 10.18 | 0.0 | 403.99 | 25.86 | 0.0 | 99.16 | 24.32 | 0.0 | 373.53 | 23.04 | 0.0 |
| 19Q2 (2) | 1.46 | -16.57 | 0.0 | 0.28 | -33.33 | 0.0 | 62.35 | 19.77 | 0.0 | 320.99 | 48.11 | 0.0 | 79.76 | 4.78 | 0.0 | 303.58 | 57.56 | 0.0 |
| 19Q1 (1) | 1.75 | 0.0 | 0.0 | 0.42 | 0.0 | 0.0 | 52.06 | 0.0 | 0.0 | 216.72 | 0.0 | 0.0 | 76.12 | 0.0 | 0.0 | 192.67 | 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) | 5.77 | 20.46 | 0.78 | -19.59 | 63.27 | -16.91 | 465.21 | 24.1 | 78.21 | -33.94 | 450.28 | 35.37 |
| 2022 (9) | 4.79 | -18.95 | 0.97 | -42.94 | 76.15 | 23.32 | 374.88 | 74.56 | 118.40 | 19.94 | 332.64 | 87.1 |
| 2021 (8) | 5.91 | -8.37 | 1.70 | 8.97 | 61.75 | 9.1 | 214.76 | -8.28 | 98.72 | 22.09 | 177.79 | -15.3 |
| 2020 (7) | 6.45 | -0.92 | 1.56 | 1.3 | 56.60 | 0.96 | 234.16 | -1.31 | 80.86 | -14.12 | 209.90 | 5.39 |
| 2019 (6) | 6.51 | -1.36 | 1.54 | -3.14 | 56.06 | 1.3 | 237.26 | 3.25 | 94.15 | -2.48 | 199.17 | 5.62 |
| 2018 (5) | 6.60 | -14.51 | 1.59 | -34.57 | 55.34 | 17.07 | 229.79 | 52.98 | 96.54 | 7.84 | 188.58 | 74.68 |
| 2017 (4) | 7.72 | 5.75 | 2.43 | 11.98 | 47.27 | -5.46 | 150.21 | -10.51 | 89.52 | -10.93 | 107.96 | -8.0 |
| 2016 (3) | 7.30 | 5.49 | 2.17 | 16.04 | 50.00 | -5.18 | 167.86 | -14.11 | 100.51 | -2.52 | 117.35 | -19.1 |
| 2015 (2) | 6.92 | -18.49 | 1.87 | -24.29 | 52.73 | 22.71 | 195.43 | 32.32 | 103.11 | 17.57 | 145.05 | 40.87 |
| 2014 (1) | 8.49 | -15.52 | 2.47 | -5.0 | 42.97 | 18.31 | 147.70 | 5.3 | 87.70 | 6.79 | 102.97 | 9.0 |
