- 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) | 1.53 | 6.25 | -11.56 | 0.44 | -29.03 | -26.67 | 59.52 | -5.88 | 12.9 | 205.02 | 38.7 | 34.67 | 68.73 | 47.74 | 88.3 | 195.81 | 19.01 | 16.24 |
| 23Q3 (19) | 1.44 | -11.11 | 21.01 | 0.62 | -1.59 | 44.19 | 63.24 | 12.71 | -17.54 | 147.82 | 2.6 | -29.63 | 46.52 | 21.05 | -30.76 | 164.53 | 1.72 | -25.06 |
| 23Q2 (18) | 1.62 | 36.13 | 10.2 | 0.63 | 43.18 | 16.67 | 56.11 | -26.89 | -9.31 | 144.07 | -30.91 | -15.12 | 38.43 | -31.85 | -50.67 | 161.75 | -29.33 | 5.22 |
| 23Q1 (17) | 1.19 | -31.21 | -27.44 | 0.44 | -26.67 | -26.67 | 76.75 | 45.58 | 38.34 | 208.53 | 36.97 | 37.07 | 56.39 | 54.49 | -22.68 | 228.89 | 35.87 | 69.94 |
| 22Q4 (16) | 1.73 | 45.38 | 6.13 | 0.60 | 39.53 | 17.65 | 52.72 | -31.26 | -5.37 | 152.24 | -27.52 | -15.1 | 36.50 | -45.68 | -61.56 | 168.46 | -23.27 | 20.28 |
| 22Q3 (15) | 1.19 | -19.05 | -30.41 | 0.43 | -20.37 | -25.86 | 76.69 | 23.95 | 43.72 | 210.05 | 23.75 | 34.18 | 67.19 | -13.75 | -26.12 | 219.54 | 42.82 | 84.56 |
| 22Q2 (14) | 1.47 | -10.37 | -6.37 | 0.54 | -10.0 | -22.86 | 61.87 | 11.52 | 6.62 | 169.74 | 11.58 | 30.4 | 77.90 | 6.81 | 28.74 | 153.72 | 14.13 | 20.39 |
| 22Q1 (13) | 1.64 | 0.61 | 24.24 | 0.60 | 17.65 | -15.49 | 55.48 | -0.41 | -19.24 | 152.13 | -15.16 | 18.85 | 72.93 | -23.2 | 27.01 | 134.69 | -3.83 | -3.3 |
| 21Q4 (12) | 1.63 | -4.68 | -1.81 | 0.51 | -12.07 | -36.25 | 55.71 | 4.4 | 1.57 | 179.31 | 14.55 | 58.39 | 94.96 | 4.41 | 64.72 | 140.06 | 17.75 | 26.84 |
| 21Q3 (11) | 1.71 | 8.92 | -11.86 | 0.58 | -17.14 | -22.67 | 53.36 | -8.05 | 13.87 | 156.54 | 20.26 | 29.3 | 90.95 | 50.31 | 68.49 | 118.95 | -6.84 | 4.39 |
| 21Q2 (10) | 1.57 | 18.94 | 18.05 | 0.70 | -1.41 | 22.81 | 58.03 | -15.53 | -14.94 | 130.17 | 1.7 | -18.7 | 60.51 | 5.38 | -19.22 | 127.68 | -8.33 | -16.78 |
| 21Q1 (9) | 1.32 | -20.48 | 23.36 | 0.71 | -11.25 | 1.43 | 68.70 | 25.25 | -18.84 | 128.00 | 13.06 | -1.87 | 57.42 | -0.4 | -31.46 | 139.28 | 26.14 | 6.07 |
| 20Q4 (8) | 1.66 | -14.43 | 11.41 | 0.80 | 6.67 | -18.37 | 54.85 | 17.05 | -10.3 | 113.21 | -6.49 | 21.48 | 57.65 | 6.8 | -12.27 | 110.42 | -3.1 | 24.57 |
| 20Q3 (7) | 1.94 | 45.86 | 49.23 | 0.75 | 31.58 | 10.29 | 46.86 | -31.31 | -33.1 | 121.07 | -24.39 | -9.88 | 53.98 | -27.94 | -32.3 | 113.95 | -25.73 | -8.58 |
| 20Q2 (6) | 1.33 | 24.3 | -17.39 | 0.57 | -18.57 | -24.0 | 68.22 | -19.41 | 20.81 | 160.12 | 22.75 | 31.19 | 74.91 | -10.59 | 6.51 | 153.43 | 16.85 | 41.82 |
| 20Q1 (5) | 1.07 | -28.19 | -37.06 | 0.70 | -28.57 | -29.29 | 84.65 | 38.43 | 58.37 | 130.44 | 39.97 | 42.17 | 83.78 | 27.5 | 11.53 | 131.31 | 48.14 | 87.37 |
| 19Q4 (4) | 1.49 | 14.62 | 0.0 | 0.98 | 44.12 | 0.0 | 61.15 | -12.71 | 0.0 | 93.19 | -30.63 | 0.0 | 65.71 | -17.59 | 0.0 | 88.64 | -28.89 | 0.0 |
| 19Q3 (3) | 1.30 | -19.25 | 0.0 | 0.68 | -9.33 | 0.0 | 70.05 | 24.05 | 0.0 | 134.34 | 10.07 | 0.0 | 79.74 | 13.38 | 0.0 | 124.65 | 15.21 | 0.0 |
| 19Q2 (2) | 1.61 | -5.29 | 0.0 | 0.75 | -24.24 | 0.0 | 56.47 | 5.65 | 0.0 | 122.05 | 33.02 | 0.0 | 70.33 | -6.38 | 0.0 | 108.19 | 54.38 | 0.0 |
| 19Q1 (1) | 1.70 | 0.0 | 0.0 | 0.99 | 0.0 | 0.0 | 53.45 | 0.0 | 0.0 | 91.75 | 0.0 | 0.0 | 75.12 | 0.0 | 0.0 | 70.08 | 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) | 6.42 | -5.17 | 2.06 | -18.9 | 56.86 | 5.51 | 177.00 | 23.04 | 53.40 | -1.78 | 180.47 | 25.88 |
| 2022 (9) | 6.77 | 58.18 | 2.54 | 28.28 | 53.89 | -36.87 | 143.85 | -22.02 | 54.37 | -37.05 | 143.37 | -21.85 |
| 2021 (8) | 4.28 | -2.73 | 1.98 | -36.94 | 85.37 | 2.82 | 184.47 | 58.88 | 86.37 | 24.72 | 183.46 | 41.24 |
| 2020 (7) | 4.40 | -1.12 | 3.14 | -3.98 | 83.03 | 1.15 | 116.11 | 3.89 | 69.25 | -27.52 | 129.89 | 32.14 |
| 2019 (6) | 4.45 | -15.08 | 3.27 | -22.14 | 82.09 | 17.91 | 111.76 | 28.7 | 95.54 | 2.61 | 98.30 | 55.17 |
| 2018 (5) | 5.24 | -16.83 | 4.20 | -15.83 | 69.62 | 20.18 | 86.84 | 18.83 | 93.11 | 26.87 | 63.35 | 9.96 |
| 2017 (4) | 6.30 | -4.55 | 4.99 | 3.96 | 57.93 | 4.83 | 73.08 | -3.89 | 73.39 | -9.91 | 57.61 | 15.57 |
| 2016 (3) | 6.60 | 14.38 | 4.80 | 33.7 | 55.26 | -12.65 | 76.04 | -25.2 | 81.46 | -24.89 | 49.85 | -11.71 |
| 2015 (2) | 5.77 | -16.01 | 3.59 | -8.18 | 63.26 | 19.04 | 101.66 | 8.98 | 108.46 | 17.8 | 56.46 | 3.88 |
| 2014 (1) | 6.87 | 3.62 | 3.91 | 12.68 | 53.14 | -3.4 | 93.28 | -11.22 | 92.07 | -7.49 | 54.35 | -10.25 |
