- 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) | 2.50 | -9.42 | 5.93 | 1.01 | 48.53 | 119.57 | 36.46 | 10.45 | -5.59 | 90.40 | -32.92 | -54.65 | 17.69 | -3.75 | -51.88 | 109.17 | -26.92 | -45.75 |
| 23Q3 (19) | 2.76 | 5.34 | 9.96 | 0.68 | 36.0 | 1.49 | 33.01 | -4.95 | -9.04 | 134.76 | -25.36 | -0.59 | 18.38 | -12.64 | -52.38 | 149.39 | -23.09 | 12.11 |
| 23Q2 (18) | 2.62 | 15.42 | -10.27 | 0.50 | 28.21 | -46.81 | 34.73 | -13.46 | 11.42 | 180.55 | -22.47 | 86.77 | 21.04 | -21.23 | -24.29 | 194.23 | -21.14 | 94.13 |
| 23Q1 (17) | 2.27 | -3.81 | -21.45 | 0.39 | -15.22 | -58.95 | 40.13 | 3.91 | 27.32 | 232.87 | 16.81 | 142.42 | 26.71 | -27.34 | 10.74 | 246.29 | 22.4 | 138.03 |
| 22Q4 (16) | 2.36 | -5.98 | -25.08 | 0.46 | -31.34 | -57.41 | 38.62 | 6.42 | 33.54 | 199.36 | 47.06 | 135.54 | 36.76 | -4.77 | 54.19 | 201.22 | 51.01 | 124.3 |
| 22Q3 (15) | 2.51 | -14.04 | -21.56 | 0.67 | -28.72 | -39.09 | 36.29 | 16.43 | 27.74 | 135.56 | 40.23 | 63.23 | 38.60 | 38.9 | 56.02 | 133.25 | 33.18 | 53.67 |
| 22Q2 (14) | 2.92 | 1.04 | -15.61 | 0.94 | -1.05 | -11.32 | 31.17 | -1.11 | 18.52 | 96.67 | 0.64 | 12.12 | 27.79 | 15.22 | 6.84 | 100.05 | -3.31 | 15.65 |
| 22Q1 (13) | 2.89 | -8.25 | -18.59 | 0.95 | -12.04 | 2.15 | 31.52 | 8.99 | 22.93 | 96.06 | 13.49 | -2.09 | 24.12 | 1.17 | -14.35 | 103.47 | 15.34 | 8.24 |
| 21Q4 (12) | 3.15 | -1.56 | -12.74 | 1.08 | -1.82 | 13.68 | 28.92 | 1.8 | 14.58 | 84.64 | 1.91 | -11.39 | 23.84 | -3.64 | 4.24 | 89.71 | 3.46 | -8.35 |
| 21Q3 (11) | 3.20 | -7.51 | 10.73 | 1.10 | 3.77 | 46.67 | 28.41 | 8.02 | -9.75 | 83.05 | -3.68 | -31.63 | 24.74 | -4.88 | -14.72 | 86.71 | 0.23 | -30.05 |
| 21Q2 (10) | 3.46 | -2.54 | 25.36 | 1.06 | 13.98 | 53.62 | 26.30 | 2.57 | -20.28 | 86.22 | -12.12 | -34.45 | 26.01 | -7.63 | -22.73 | 86.51 | -9.5 | -33.89 |
| 21Q1 (9) | 3.55 | -1.66 | 28.16 | 0.93 | -2.11 | 34.78 | 25.64 | 1.58 | -21.85 | 98.11 | 2.71 | -25.41 | 28.16 | 23.13 | -28.4 | 95.59 | -2.34 | -23.53 |
| 20Q4 (8) | 3.61 | 24.91 | 4.94 | 0.95 | 26.67 | 1.06 | 25.24 | -19.82 | -4.61 | 95.52 | -21.37 | -1.66 | 22.87 | -21.17 | -32.12 | 97.88 | -21.04 | 8.88 |
| 20Q3 (7) | 2.89 | 4.71 | -10.25 | 0.75 | 8.7 | -22.68 | 31.48 | -4.58 | 11.39 | 121.48 | -7.64 | 29.77 | 29.01 | -13.81 | -23.4 | 123.96 | -5.27 | 47.57 |
| 20Q2 (6) | 2.76 | -0.36 | -18.82 | 0.69 | 0.0 | -18.82 | 32.99 | 0.55 | 23.19 | 131.53 | 0.0 | 22.73 | 33.66 | -14.42 | -10.86 | 130.85 | 4.68 | 36.02 |
| 20Q1 (5) | 2.77 | -19.48 | -14.51 | 0.69 | -26.6 | 2.99 | 32.81 | 24.0 | 16.64 | 131.53 | 35.42 | -3.8 | 39.33 | 16.74 | 12.05 | 125.00 | 39.04 | -3.67 |
| 19Q4 (4) | 3.44 | 6.83 | 0.0 | 0.94 | -3.09 | 0.0 | 26.46 | -6.37 | 0.0 | 97.13 | 3.76 | 0.0 | 33.69 | -11.04 | 0.0 | 89.90 | 7.02 | 0.0 |
| 19Q3 (3) | 3.22 | -5.29 | 0.0 | 0.97 | 14.12 | 0.0 | 28.26 | 5.53 | 0.0 | 93.61 | -12.65 | 0.0 | 37.87 | 0.29 | 0.0 | 84.00 | -12.68 | 0.0 |
| 19Q2 (2) | 3.40 | 4.94 | 0.0 | 0.85 | 26.87 | 0.0 | 26.78 | -4.8 | 0.0 | 107.17 | -21.62 | 0.0 | 37.76 | 7.58 | 0.0 | 96.20 | -25.86 | 0.0 |
| 19Q1 (1) | 3.24 | 0.0 | 0.0 | 0.67 | 0.0 | 0.0 | 28.13 | 0.0 | 0.0 | 136.73 | 0.0 | 0.0 | 35.10 | 0.0 | 0.0 | 129.76 | 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) | 9.07 | -31.75 | 2.55 | -9.57 | 40.25 | 46.58 | 142.91 | 10.6 | 22.64 | 2.68 | 160.52 | 19.25 |
| 2022 (9) | 13.29 | -9.28 | 2.82 | -28.43 | 27.46 | 10.19 | 129.21 | 39.57 | 22.05 | -10.69 | 134.61 | 45.04 |
| 2021 (8) | 14.65 | 3.31 | 3.94 | 15.88 | 24.92 | -3.19 | 92.58 | -13.76 | 24.69 | -25.5 | 92.81 | -7.13 |
| 2020 (7) | 14.18 | 0.14 | 3.40 | 8.63 | 25.74 | -0.16 | 107.35 | -7.85 | 33.14 | -11.81 | 99.94 | -4.54 |
| 2019 (6) | 14.16 | -12.38 | 3.13 | 3.99 | 25.78 | 14.12 | 116.49 | -3.99 | 37.58 | 15.74 | 104.69 | -6.06 |
| 2018 (5) | 16.16 | 9.56 | 3.01 | -0.99 | 22.59 | -8.69 | 121.33 | 1.08 | 32.47 | -8.82 | 111.44 | 2.09 |
| 2017 (4) | 14.75 | -5.93 | 3.04 | -5.0 | 24.74 | 6.27 | 120.03 | 5.12 | 35.61 | -10.66 | 109.16 | 11.83 |
| 2016 (3) | 15.68 | -4.39 | 3.20 | -2.14 | 23.28 | 4.63 | 114.18 | 2.4 | 39.86 | -5.0 | 97.61 | 6.34 |
| 2015 (2) | 16.40 | 2.31 | 3.27 | -25.17 | 22.25 | -2.28 | 111.50 | 33.48 | 41.96 | 27.19 | 91.79 | 25.23 |
| 2014 (1) | 16.03 | 36.54 | 4.37 | 4.3 | 22.77 | -26.74 | 83.53 | -4.1 | 32.99 | 4.93 | 73.30 | -15.49 |
