- 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) | 0.80 | 53.85 | 21.21 | 0.82 | 54.72 | -1.2 | 113.51 | -34.97 | -17.67 | 110.70 | -35.89 | 0.71 | 75.61 | -20.23 | 10.69 | 148.59 | -41.14 | -17.22 |
| 23Q3 (19) | 0.52 | -18.75 | -28.77 | 0.53 | -19.7 | -29.33 | 174.55 | 22.9 | 40.95 | 172.66 | 24.92 | 42.48 | 94.78 | 32.17 | 2.35 | 252.43 | 21.04 | 65.61 |
| 23Q2 (18) | 0.64 | 106.45 | -12.33 | 0.66 | 65.0 | -12.0 | 142.03 | -51.65 | 14.11 | 138.22 | -39.46 | 14.45 | 71.71 | -44.94 | -31.15 | 208.55 | -46.78 | 47.82 |
| 23Q1 (17) | 0.31 | -53.03 | -53.03 | 0.40 | -51.81 | -40.3 | 293.76 | 113.05 | 112.24 | 228.31 | 107.71 | 67.37 | 130.24 | 90.66 | 16.21 | 391.83 | 118.3 | 140.76 |
| 22Q4 (16) | 0.66 | -9.59 | -10.81 | 0.83 | 10.67 | -9.78 | 137.88 | 11.34 | 12.19 | 109.92 | -9.29 | 10.62 | 68.31 | -26.23 | -22.49 | 179.49 | 17.76 | 33.81 |
| 22Q3 (15) | 0.73 | 0.0 | 19.67 | 0.75 | 0.0 | -18.48 | 123.84 | -0.51 | -16.37 | 121.18 | 0.34 | 22.4 | 92.60 | -11.09 | 4.92 | 152.42 | 8.04 | -4.03 |
| 22Q2 (14) | 0.73 | 10.61 | -3.95 | 0.75 | 11.94 | -12.79 | 124.47 | -10.07 | 3.98 | 120.77 | -11.47 | 13.57 | 104.15 | -7.07 | 18.88 | 141.08 | -13.31 | 1.91 |
| 22Q1 (13) | 0.66 | -10.81 | -2.94 | 0.67 | -27.17 | -25.56 | 138.41 | 12.62 | 3.62 | 136.41 | 37.27 | 35.39 | 112.07 | 27.16 | 42.08 | 162.75 | 21.33 | 4.7 |
| 21Q4 (12) | 0.74 | 21.31 | 27.59 | 0.92 | 0.0 | 17.95 | 122.90 | -17.0 | -21.16 | 99.37 | 0.37 | -14.56 | 88.13 | -0.15 | -0.51 | 134.14 | -15.54 | -26.95 |
| 21Q3 (11) | 0.61 | -19.74 | 0.0 | 0.92 | 6.98 | 29.58 | 148.08 | 23.7 | 0.07 | 99.00 | -6.9 | -22.5 | 88.26 | 0.74 | -2.38 | 158.82 | 14.72 | -14.3 |
| 21Q2 (10) | 0.76 | 11.76 | 40.74 | 0.86 | -4.44 | 36.51 | 119.71 | -10.38 | -29.29 | 106.34 | 5.55 | -26.03 | 87.61 | 11.07 | 8.91 | 138.44 | -10.94 | -40.49 |
| 21Q1 (9) | 0.68 | 17.24 | 44.68 | 0.90 | 15.38 | 80.0 | 133.57 | -14.31 | -30.32 | 100.75 | -13.38 | -44.91 | 78.88 | -10.95 | -5.01 | 155.44 | -15.35 | -46.68 |
| 20Q4 (8) | 0.58 | -4.92 | 45.0 | 0.78 | 9.86 | 59.18 | 155.88 | 5.35 | -31.41 | 116.31 | -8.95 | -36.75 | 88.58 | -2.02 | -7.73 | 183.62 | -0.92 | -41.74 |
| 20Q3 (7) | 0.61 | 12.96 | 79.41 | 0.71 | 12.7 | 77.5 | 147.97 | -12.6 | -45.06 | 127.75 | -11.14 | -44.2 | 90.41 | 12.39 | -35.5 | 185.32 | -20.34 | -48.25 |
| 20Q2 (6) | 0.54 | 14.89 | 17.39 | 0.63 | 26.0 | 18.87 | 169.30 | -11.68 | -15.1 | 143.77 | -21.39 | -16.29 | 80.44 | -3.13 | -34.7 | 232.63 | -20.2 | -6.19 |
| 20Q1 (5) | 0.47 | 17.5 | -28.79 | 0.50 | 2.04 | -31.51 | 191.68 | -15.66 | 38.61 | 182.88 | -0.55 | 46.59 | 83.04 | -13.5 | -11.06 | 291.52 | -7.5 | 71.81 |
| 19Q4 (4) | 0.40 | 17.65 | 0.0 | 0.49 | 22.5 | 0.0 | 227.27 | -15.62 | 0.0 | 183.89 | -19.68 | 0.0 | 96.00 | -31.51 | 0.0 | 315.16 | -12.0 | 0.0 |
| 19Q3 (3) | 0.34 | -26.09 | 0.0 | 0.40 | -24.53 | 0.0 | 269.33 | 35.07 | 0.0 | 228.96 | 33.31 | 0.0 | 140.16 | 13.78 | 0.0 | 358.13 | 44.42 | 0.0 |
| 19Q2 (2) | 0.46 | -30.3 | 0.0 | 0.53 | -27.4 | 0.0 | 199.40 | 44.19 | 0.0 | 171.75 | 37.66 | 0.0 | 123.18 | 31.93 | 0.0 | 247.98 | 46.15 | 0.0 |
| 19Q1 (1) | 0.66 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 138.29 | 0.0 | 0.0 | 124.76 | 0.0 | 0.0 | 93.37 | 0.0 | 0.0 | 169.68 | 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) | 1.96 | -24.9 | 2.54 | -26.38 | 186.04 | 33.08 | 143.53 | 35.75 | 104.76 | 32.22 | 224.81 | 35.18 |
| 2022 (9) | 2.61 | -7.45 | 3.45 | -2.54 | 139.80 | 8.01 | 105.73 | 2.59 | 79.23 | -1.57 | 166.30 | 9.41 |
| 2021 (8) | 2.82 | 24.23 | 3.54 | 45.68 | 129.43 | -19.33 | 103.06 | -31.49 | 80.49 | -8.79 | 152.00 | -31.72 |
| 2020 (7) | 2.27 | 1.34 | 2.43 | 4.29 | 160.44 | -1.49 | 150.42 | -3.96 | 88.25 | -0.98 | 222.62 | -3.37 |
| 2019 (6) | 2.24 | -10.4 | 2.33 | -10.73 | 162.86 | 11.59 | 156.63 | 12.01 | 89.12 | -8.15 | 230.38 | 22.05 |
| 2018 (5) | 2.50 | -9.09 | 2.61 | -20.67 | 145.94 | 9.84 | 139.84 | 26.15 | 97.03 | 23.97 | 188.76 | 14.08 |
| 2017 (4) | 2.75 | 22.22 | 3.29 | 4.78 | 132.87 | -18.11 | 110.85 | -4.73 | 78.27 | -9.91 | 165.46 | -13.71 |
| 2016 (3) | 2.25 | -30.12 | 3.14 | -20.71 | 162.26 | 43.04 | 116.35 | 26.21 | 86.88 | 31.88 | 191.74 | 37.2 |
| 2015 (2) | 3.22 | -19.5 | 3.96 | 42.96 | 113.44 | 24.29 | 92.19 | -29.94 | 65.88 | -16.49 | 139.75 | -2.93 |
| 2014 (1) | 4.00 | 41.34 | 2.77 | 55.62 | 91.27 | -29.26 | 131.58 | -35.67 | 78.89 | -24.27 | 143.97 | -37.24 |
