- 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) | 1.02 | 32.47 | 12.09 | 0.31 | -3.13 | 19.23 | 89.26 | -24.13 | -11.02 | 295.03 | 4.99 | -14.11 | 44.18 | 7.34 | -60.51 | 340.11 | -4.87 | 2.46 |
| 23Q3 (19) | 0.77 | -50.0 | 0.0 | 0.32 | -34.69 | 45.45 | 117.65 | 98.8 | -0.22 | 281.02 | 50.69 | -30.59 | 41.16 | 41.3 | -73.49 | 357.51 | 65.1 | -2.72 |
| 23Q2 (18) | 1.54 | 161.02 | 381.25 | 0.49 | 188.24 | 88.46 | 59.18 | -61.89 | -79.37 | 186.49 | -65.73 | -46.62 | 29.13 | -76.97 | -79.13 | 216.54 | -62.2 | -56.4 |
| 23Q1 (17) | 0.59 | -35.16 | -57.55 | 0.17 | -34.62 | -83.96 | 155.30 | 54.82 | 136.41 | 544.11 | 58.4 | 535.42 | 126.51 | 13.07 | 437.2 | 572.90 | 72.6 | 348.42 |
| 22Q4 (16) | 0.91 | 18.18 | 24.66 | 0.26 | 18.18 | 13.04 | 100.31 | -14.93 | -19.31 | 343.51 | -15.16 | -11.89 | 111.89 | -27.93 | 36.77 | 331.93 | -9.68 | -23.23 |
| 22Q3 (15) | 0.77 | 140.62 | -14.44 | 0.22 | -15.38 | -21.43 | 117.91 | -58.89 | 16.19 | 404.88 | 15.89 | 26.27 | 155.26 | 11.26 | 103.57 | 367.52 | -26.0 | 6.27 |
| 22Q2 (14) | 0.32 | -76.98 | -88.85 | 0.26 | -75.47 | -70.79 | 286.84 | 336.66 | 803.72 | 349.38 | 308.01 | 242.29 | 139.55 | 492.57 | 408.01 | 496.66 | 288.74 | 367.05 |
| 22Q1 (13) | 1.39 | 90.41 | 124.19 | 1.06 | 360.87 | 430.0 | 65.69 | -47.16 | -54.99 | 85.63 | -78.04 | -81.42 | 23.55 | -71.21 | -78.57 | 127.76 | -70.45 | -74.29 |
| 21Q4 (12) | 0.73 | -18.89 | 21.67 | 0.23 | -17.86 | -4.17 | 124.32 | 22.51 | -17.98 | 389.88 | 21.59 | 1.29 | 81.81 | 7.26 | 10.4 | 432.38 | 25.02 | -6.49 |
| 21Q3 (11) | 0.90 | -68.64 | 136.84 | 0.28 | -68.54 | -12.5 | 101.48 | 219.72 | -58.14 | 320.64 | 214.14 | 11.13 | 76.27 | 177.65 | 21.43 | 345.85 | 225.23 | -26.12 |
| 21Q2 (10) | 2.87 | 362.9 | 147.41 | 0.89 | 345.0 | -1.11 | 31.74 | -78.25 | -59.44 | 102.07 | -77.86 | 0.4 | 27.47 | -75.0 | 27.59 | 106.34 | -78.6 | -32.86 |
| 21Q1 (9) | 0.62 | 3.33 | -6.06 | 0.20 | -16.67 | -31.03 | 145.95 | -3.71 | 6.04 | 460.96 | 19.76 | 45.83 | 109.90 | 48.31 | 93.49 | 497.00 | 7.49 | 25.21 |
| 20Q4 (8) | 0.60 | 57.89 | -48.72 | 0.24 | -25.0 | -44.19 | 151.58 | -37.47 | 95.21 | 384.91 | 33.4 | 80.13 | 74.10 | 17.97 | 100.6 | 462.39 | -1.23 | 81.76 |
| 20Q3 (7) | 0.38 | -67.24 | -76.83 | 0.32 | -64.44 | -53.62 | 242.42 | 209.8 | 335.62 | 288.53 | 183.82 | 118.96 | 62.81 | 191.73 | 194.47 | 468.13 | 195.57 | 181.85 |
| 20Q2 (6) | 1.16 | 75.76 | -7.2 | 0.90 | 210.34 | 66.67 | 78.25 | -43.15 | 7.72 | 101.66 | -67.84 | -39.73 | 21.53 | -62.1 | -31.28 | 158.38 | -60.1 | -24.57 |
| 20Q1 (5) | 0.66 | -43.59 | -29.79 | 0.29 | -32.56 | -19.44 | 137.64 | 77.26 | 42.93 | 316.09 | 47.93 | 25.26 | 56.80 | 53.76 | -8.22 | 396.93 | 56.03 | 38.42 |
| 19Q4 (4) | 1.17 | -28.66 | 0.0 | 0.43 | -37.68 | 0.0 | 77.65 | 39.53 | 0.0 | 213.68 | 62.16 | 0.0 | 36.94 | 73.18 | 0.0 | 254.39 | 53.16 | 0.0 |
| 19Q3 (3) | 1.64 | 31.2 | 0.0 | 0.69 | 27.78 | 0.0 | 55.65 | -23.39 | 0.0 | 131.77 | -21.88 | 0.0 | 21.33 | -31.92 | 0.0 | 166.09 | -20.9 | 0.0 |
| 19Q2 (2) | 1.25 | 32.98 | 0.0 | 0.54 | 50.0 | 0.0 | 72.64 | -24.57 | 0.0 | 168.68 | -33.15 | 0.0 | 31.33 | -49.38 | 0.0 | 209.98 | -26.77 | 0.0 |
| 19Q1 (1) | 0.94 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 96.30 | 0.0 | 0.0 | 252.34 | 0.0 | 0.0 | 61.89 | 0.0 | 0.0 | 286.75 | 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) | 4.15 | -14.26 | 1.36 | -10.53 | 88.00 | 16.73 | 267.98 | 11.75 | 65.50 | 3.77 | 290.48 | 15.24 |
| 2022 (9) | 4.84 | 5.68 | 1.52 | -0.65 | 75.39 | -5.5 | 239.80 | 0.54 | 63.12 | 22.25 | 252.07 | -5.47 |
| 2021 (8) | 4.58 | 19.27 | 1.53 | -2.55 | 79.78 | -16.15 | 238.52 | 2.71 | 51.63 | 7.56 | 266.67 | -4.55 |
| 2020 (7) | 3.84 | -24.11 | 1.57 | -25.94 | 95.15 | 31.95 | 232.22 | 34.71 | 48.00 | 11.03 | 279.37 | 38.8 |
| 2019 (6) | 5.06 | 71.53 | 2.12 | 46.21 | 72.11 | -41.77 | 172.38 | -31.4 | 43.23 | -34.03 | 201.27 | -34.99 |
| 2018 (5) | 2.95 | 24.47 | 1.45 | 5.84 | 123.84 | -19.63 | 251.28 | -5.59 | 65.53 | 15.68 | 309.58 | -14.85 |
| 2017 (4) | 2.37 | 37.79 | 1.37 | -1.44 | 154.08 | -27.21 | 266.15 | 1.18 | 56.65 | 2.35 | 363.58 | -13.31 |
| 2016 (3) | 1.72 | -39.01 | 1.39 | -29.8 | 211.69 | 63.43 | 263.05 | 42.91 | 55.35 | 32.01 | 419.40 | 54.38 |
| 2015 (2) | 2.82 | -32.54 | 1.98 | 24.53 | 129.53 | 48.36 | 184.07 | -19.59 | 41.93 | -13.65 | 271.67 | 1.49 |
| 2014 (1) | 4.18 | 36.6 | 1.59 | 5.3 | 87.31 | -26.8 | 228.92 | -5.01 | 48.56 | 57.61 | 267.68 | -18.75 |
