- 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) | 0.77 | -17.2 | -18.95 | 1.04 | -16.13 | -25.71 | 117.62 | 20.28 | 22.65 | 87.23 | 18.78 | 34.08 | 119.05 | 5.51 | 19.36 | 85.80 | 46.89 | 40.15 |
| 23Q3 (19) | 0.93 | 2.2 | 1.09 | 1.24 | -1.59 | 5.98 | 97.79 | -2.34 | -0.65 | 73.44 | 1.49 | -5.52 | 112.83 | -4.91 | 5.89 | 58.41 | 8.49 | -16.09 |
| 23Q2 (18) | 0.91 | 7.06 | 1.11 | 1.26 | -5.97 | 18.87 | 100.13 | -6.27 | -0.91 | 72.36 | 6.26 | -16.07 | 118.66 | 5.05 | -4.13 | 53.84 | -13.13 | -15.21 |
| 23Q1 (17) | 0.85 | -10.53 | 26.87 | 1.34 | -4.29 | 35.35 | 106.83 | 11.4 | -21.54 | 68.10 | 4.67 | -25.86 | 112.96 | 13.25 | -27.94 | 61.98 | 1.24 | -13.01 |
| 22Q4 (16) | 0.95 | 3.26 | 0.0 | 1.40 | 19.66 | -9.09 | 95.90 | -2.57 | 0.07 | 65.06 | -16.3 | 10.03 | 99.74 | -6.39 | 0.94 | 61.22 | -12.05 | 9.03 |
| 22Q3 (15) | 0.92 | 2.22 | -4.17 | 1.17 | 10.38 | -1.68 | 98.43 | -2.59 | 3.72 | 77.73 | -9.84 | 1.67 | 106.55 | -13.91 | -8.16 | 69.61 | 9.62 | 25.81 |
| 22Q2 (14) | 0.90 | 34.33 | 12.5 | 1.06 | 7.07 | -8.62 | 101.05 | -25.79 | -11.14 | 86.21 | -6.14 | 9.54 | 123.77 | -21.04 | -9.39 | 63.50 | -10.88 | 13.74 |
| 22Q1 (13) | 0.67 | -29.47 | -15.19 | 0.99 | -35.71 | -35.29 | 136.16 | 42.08 | 17.84 | 91.85 | 55.34 | 54.29 | 156.76 | 58.65 | 27.56 | 71.25 | 26.89 | 36.52 |
| 21Q4 (12) | 0.95 | -1.04 | 9.2 | 1.54 | 29.41 | -12.0 | 95.83 | 0.98 | -8.85 | 59.13 | -22.66 | 13.8 | 98.81 | -14.83 | -7.71 | 56.15 | 1.48 | 12.26 |
| 21Q3 (11) | 0.96 | 20.0 | 11.63 | 1.19 | 2.59 | -24.68 | 94.90 | -16.55 | -10.45 | 76.45 | -2.86 | 32.59 | 116.02 | -15.06 | 0.73 | 55.33 | -0.9 | 14.2 |
| 21Q2 (10) | 0.80 | 1.27 | -16.67 | 1.16 | -24.18 | -36.96 | 113.72 | -1.58 | 19.74 | 78.70 | 32.2 | 59.44 | 136.59 | 11.15 | 46.67 | 55.83 | 6.97 | 9.04 |
| 21Q1 (9) | 0.79 | -9.2 | 21.54 | 1.53 | -12.57 | 2.68 | 115.55 | 9.91 | -17.16 | 59.53 | 14.57 | -2.73 | 122.89 | 14.78 | 6.17 | 52.19 | 4.34 | -38.56 |
| 20Q4 (8) | 0.87 | 1.16 | 3.57 | 1.75 | 10.76 | -6.42 | 105.13 | -0.79 | -3.11 | 51.96 | -9.89 | 6.85 | 107.07 | -7.04 | 13.27 | 50.02 | 3.24 | -20.1 |
| 20Q3 (7) | 0.86 | -10.42 | 3.61 | 1.58 | -14.13 | -9.71 | 105.97 | 11.58 | -3.19 | 57.66 | 16.82 | 10.63 | 115.18 | 23.68 | 16.9 | 48.45 | -5.37 | -23.17 |
| 20Q2 (6) | 0.96 | 47.69 | 2.13 | 1.84 | 23.49 | 1.66 | 94.97 | -31.92 | -2.12 | 49.36 | -19.35 | -1.73 | 93.13 | -19.54 | 7.53 | 51.20 | -39.72 | -15.58 |
| 20Q1 (5) | 0.65 | -22.62 | -16.67 | 1.49 | -20.32 | 8.76 | 139.49 | 28.56 | 19.71 | 61.20 | 25.85 | -7.85 | 115.75 | 22.45 | 6.5 | 84.94 | 35.69 | 14.41 |
| 19Q4 (4) | 0.84 | 1.2 | 0.0 | 1.87 | 6.86 | 0.0 | 108.50 | -0.88 | 0.0 | 48.63 | -6.7 | 0.0 | 94.53 | -4.06 | 0.0 | 62.60 | -0.73 | 0.0 |
| 19Q3 (3) | 0.83 | -11.7 | 0.0 | 1.75 | -3.31 | 0.0 | 109.46 | 12.81 | 0.0 | 52.12 | 3.76 | 0.0 | 98.53 | 13.76 | 0.0 | 63.06 | 3.97 | 0.0 |
| 19Q2 (2) | 0.94 | 20.51 | 0.0 | 1.81 | 32.12 | 0.0 | 97.03 | -16.73 | 0.0 | 50.23 | -24.36 | 0.0 | 86.61 | -20.31 | 0.0 | 60.65 | -18.31 | 0.0 |
| 19Q1 (1) | 0.78 | 0.0 | 0.0 | 1.37 | 0.0 | 0.0 | 116.52 | 0.0 | 0.0 | 66.41 | 0.0 | 0.0 | 108.69 | 0.0 | 0.0 | 74.24 | 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) | 3.45 | 10.22 | 4.94 | -7.14 | 105.84 | -9.31 | 73.95 | 7.75 | 106.55 | -10.89 | 73.24 | 11.36 |
| 2022 (9) | 3.13 | 1.62 | 5.32 | -13.21 | 116.71 | -1.45 | 68.63 | 15.19 | 119.57 | 2.62 | 65.77 | 6.96 |
| 2021 (8) | 3.08 | 2.33 | 6.13 | -5.4 | 118.43 | -2.39 | 59.58 | 5.86 | 116.52 | 0.74 | 61.49 | -0.74 |
| 2020 (7) | 3.01 | -6.52 | 6.48 | 1.25 | 121.33 | 7.13 | 56.28 | -1.35 | 115.66 | 10.42 | 61.95 | -5.49 |
| 2019 (6) | 3.22 | -3.59 | 6.40 | 3.23 | 113.25 | 3.63 | 57.05 | -3.04 | 104.75 | -3.13 | 65.55 | 9.29 |
| 2018 (5) | 3.34 | 1.52 | 6.20 | -10.14 | 109.28 | -1.59 | 58.84 | 11.31 | 108.14 | -5.41 | 59.98 | 20.98 |
| 2017 (4) | 3.29 | -8.61 | 6.90 | 4.86 | 111.04 | 9.42 | 52.86 | -4.72 | 114.33 | 0.9 | 49.58 | 13.59 |
| 2016 (3) | 3.60 | 9.09 | 6.58 | 19.2 | 101.48 | -8.38 | 55.48 | -16.14 | 113.31 | -3.79 | 43.65 | -26.19 |
| 2015 (2) | 3.30 | -1.2 | 5.52 | -8.15 | 110.76 | 1.43 | 66.16 | 9.0 | 117.77 | 1.68 | 59.14 | 9.34 |
| 2014 (1) | 3.34 | -6.44 | 6.01 | -12.26 | 109.20 | 6.73 | 60.70 | 13.88 | 115.82 | 2.28 | 54.09 | 27.66 |
