- 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) | 2.04 | -23.02 | -11.69 | 0.82 | -2.38 | 30.16 | 44.59 | 29.96 | 13.35 | 111.29 | 2.7 | -22.56 | 60.06 | -4.76 | -7.77 | 95.82 | 20.35 | -18.74 |
| 23Q3 (19) | 2.65 | -15.34 | 31.84 | 0.84 | -6.67 | 40.0 | 34.31 | 17.9 | -24.36 | 108.36 | 7.4 | -28.15 | 63.06 | 1.4 | -5.16 | 79.62 | 17.43 | -38.6 |
| 23Q2 (18) | 3.13 | 6.46 | 71.98 | 0.90 | 12.5 | 80.0 | 29.10 | -5.83 | -41.78 | 100.89 | -11.45 | -44.08 | 62.19 | 4.19 | -13.25 | 67.80 | -20.39 | -57.28 |
| 23Q1 (17) | 2.94 | 27.27 | 96.0 | 0.80 | 26.98 | 63.27 | 30.90 | -21.45 | -49.09 | 113.94 | -20.72 | -38.61 | 59.69 | -8.34 | -28.19 | 85.16 | -27.78 | -47.81 |
| 22Q4 (16) | 2.31 | 14.93 | 59.31 | 0.63 | 5.0 | 18.87 | 39.34 | -13.27 | -37.31 | 143.71 | -4.71 | -16.38 | 65.12 | -2.06 | -30.29 | 117.92 | -9.06 | -16.49 |
| 22Q3 (15) | 2.01 | 10.44 | 23.31 | 0.60 | 20.0 | -4.76 | 45.36 | -9.24 | -18.87 | 150.81 | -16.41 | 4.64 | 66.49 | -7.25 | -23.58 | 129.67 | -18.3 | 14.73 |
| 22Q2 (14) | 1.82 | 21.33 | 5.81 | 0.50 | 2.04 | -35.06 | 49.98 | -17.65 | -5.45 | 180.41 | -2.8 | 52.42 | 71.69 | -13.75 | -1.73 | 158.71 | -2.74 | 61.5 |
| 22Q1 (13) | 1.50 | 3.45 | -9.09 | 0.49 | -7.55 | -37.97 | 60.69 | -3.28 | 10.13 | 185.61 | 8.0 | 60.66 | 83.12 | -11.02 | 31.04 | 163.18 | 15.57 | 52.21 |
| 21Q4 (12) | 1.45 | -11.04 | -3.97 | 0.53 | -15.87 | -31.17 | 62.75 | 12.23 | 4.36 | 171.86 | 19.25 | 45.12 | 93.41 | 7.36 | 95.26 | 141.20 | 24.93 | 8.02 |
| 21Q3 (11) | 1.63 | -5.23 | -15.54 | 0.63 | -18.18 | -11.27 | 55.91 | 5.77 | 18.68 | 144.12 | 21.76 | 12.38 | 87.01 | 19.27 | 129.28 | 113.02 | 15.01 | -17.74 |
| 21Q2 (10) | 1.72 | 4.24 | 63.81 | 0.77 | -2.53 | 108.11 | 52.86 | -4.08 | -39.04 | 118.36 | 2.45 | -52.12 | 72.95 | 15.01 | -28.43 | 98.27 | -8.34 | -57.63 |
| 21Q1 (9) | 1.65 | 9.27 | -17.91 | 0.79 | 2.6 | -12.22 | 55.11 | -8.35 | 21.87 | 115.53 | -2.45 | 13.87 | 63.43 | 32.59 | 14.93 | 107.21 | -17.99 | 17.18 |
| 20Q4 (8) | 1.51 | -21.76 | -25.98 | 0.77 | 8.45 | -7.23 | 60.13 | 27.64 | 34.85 | 118.43 | -7.65 | 8.13 | 47.84 | 26.06 | -14.51 | 130.72 | -4.86 | 33.17 |
| 20Q3 (7) | 1.93 | 83.81 | -10.23 | 0.71 | 91.89 | -14.46 | 47.11 | -45.67 | 11.48 | 128.24 | -48.12 | 17.17 | 37.95 | -62.77 | -19.65 | 137.40 | -40.76 | 31.5 |
| 20Q2 (6) | 1.05 | -47.76 | -39.66 | 0.37 | -58.89 | -36.21 | 86.71 | 91.75 | 65.7 | 247.18 | 143.62 | 57.4 | 101.93 | 84.69 | 44.64 | 231.95 | 153.52 | 66.99 |
| 20Q1 (5) | 2.01 | -1.47 | 2.55 | 0.90 | 8.43 | 34.33 | 45.22 | 1.41 | -2.4 | 101.46 | -7.37 | -25.35 | 55.19 | -1.38 | -35.5 | 91.49 | -6.8 | -5.37 |
| 19Q4 (4) | 2.04 | -5.12 | 0.0 | 0.83 | 0.0 | 0.0 | 44.59 | 5.51 | 0.0 | 109.53 | 0.07 | 0.0 | 55.96 | 18.48 | 0.0 | 98.16 | -6.06 | 0.0 |
| 19Q3 (3) | 2.15 | 23.56 | 0.0 | 0.83 | 43.1 | 0.0 | 42.26 | -19.24 | 0.0 | 109.45 | -30.3 | 0.0 | 47.23 | -32.98 | 0.0 | 104.49 | -24.77 | 0.0 |
| 19Q2 (2) | 1.74 | -11.22 | 0.0 | 0.58 | -13.43 | 0.0 | 52.33 | 12.95 | 0.0 | 157.04 | 15.55 | 0.0 | 70.47 | -17.64 | 0.0 | 138.90 | 43.67 | 0.0 |
| 19Q1 (1) | 1.96 | 0.0 | 0.0 | 0.67 | 0.0 | 0.0 | 46.33 | 0.0 | 0.0 | 135.91 | 0.0 | 0.0 | 85.56 | 0.0 | 0.0 | 96.68 | 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) | 9.73 | 34.95 | 3.31 | 42.67 | 37.52 | -25.94 | 110.12 | -30.13 | 51.44 | -30.6 | 96.20 | -28.28 |
| 2022 (9) | 7.21 | 29.44 | 2.32 | -5.31 | 50.66 | -22.75 | 157.60 | 5.9 | 74.12 | -1.08 | 134.13 | -3.84 |
| 2021 (8) | 5.57 | -12.15 | 2.45 | -12.81 | 65.58 | 13.85 | 148.82 | 14.73 | 74.93 | 13.51 | 139.48 | 14.99 |
| 2020 (7) | 6.34 | -22.4 | 2.81 | -9.65 | 57.60 | 28.86 | 129.71 | 10.35 | 66.01 | -14.34 | 121.30 | 42.4 |
| 2019 (6) | 8.17 | -0.85 | 3.11 | -12.89 | 44.70 | 0.9 | 117.54 | 14.98 | 77.06 | -5.61 | 85.18 | 31.27 |
| 2018 (5) | 8.24 | 2.23 | 3.57 | -7.75 | 44.30 | -2.19 | 102.23 | 8.44 | 81.64 | -4.68 | 64.89 | 20.37 |
| 2017 (4) | 8.06 | 9.66 | 3.87 | -18.7 | 45.29 | -8.84 | 94.27 | 22.83 | 85.65 | 5.12 | 53.91 | 19.93 |
| 2016 (3) | 7.35 | 30.32 | 4.76 | -11.85 | 49.68 | -23.17 | 76.75 | 13.47 | 81.48 | 12.88 | 44.95 | -25.25 |
| 2015 (2) | 5.64 | 6.82 | 5.40 | -14.69 | 64.66 | -6.49 | 67.64 | 17.31 | 72.18 | 21.29 | 60.13 | -10.65 |
| 2014 (1) | 5.28 | 1.93 | 6.33 | -9.44 | 69.15 | -1.87 | 57.66 | 10.48 | 59.51 | 10.68 | 67.30 | -2.31 |
