- 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) | 1.42 | 1.43 | -6.58 | 0.43 | -14.0 | -25.86 | 64.10 | -1.19 | 7.03 | 211.90 | 16.76 | 35.34 | 53.20 | 3.95 | -1.28 | 222.80 | 14.15 | 37.06 |
| 23Q3 (19) | 1.40 | 13.82 | -8.5 | 0.50 | -1.96 | -5.66 | 64.87 | -12.14 | 9.37 | 181.49 | 2.68 | 6.37 | 51.18 | -7.23 | -22.09 | 195.18 | -0.12 | 18.83 |
| 23Q2 (18) | 1.23 | -3.91 | -36.27 | 0.51 | -5.56 | -15.0 | 73.83 | 3.66 | 56.25 | 176.76 | 4.14 | 17.32 | 55.17 | 10.54 | 14.15 | 195.42 | 2.29 | 30.63 |
| 23Q1 (17) | 1.28 | -15.79 | -4.48 | 0.54 | -6.9 | 28.57 | 71.22 | 18.92 | 4.57 | 169.74 | 8.41 | -21.96 | 49.91 | -7.39 | -18.37 | 191.05 | 17.53 | -14.89 |
| 22Q4 (16) | 1.52 | -0.65 | -13.14 | 0.58 | 9.43 | -4.92 | 59.89 | 0.98 | 15.17 | 156.57 | -8.23 | 5.64 | 53.89 | -17.96 | 32.12 | 162.56 | -1.03 | 1.96 |
| 22Q3 (15) | 1.53 | -20.73 | -4.97 | 0.53 | -11.67 | -10.17 | 59.31 | 25.52 | 4.77 | 170.62 | 13.24 | 11.07 | 65.69 | 35.92 | 37.23 | 164.25 | 9.79 | 1.17 |
| 22Q2 (14) | 1.93 | 44.03 | 36.88 | 0.60 | 42.86 | 0.0 | 47.25 | -30.63 | -26.7 | 150.67 | -30.73 | -1.46 | 48.33 | -20.95 | -15.83 | 149.60 | -33.36 | -6.46 |
| 22Q1 (13) | 1.34 | -23.43 | -15.19 | 0.42 | -31.15 | -42.47 | 68.11 | 30.98 | 17.98 | 217.51 | 46.76 | 74.83 | 61.14 | 49.89 | 12.51 | 224.48 | 40.8 | 75.65 |
| 21Q4 (12) | 1.75 | 8.7 | -2.23 | 0.61 | 3.39 | -19.74 | 52.00 | -8.14 | 2.34 | 148.21 | -3.52 | 24.0 | 40.79 | -14.79 | -1.0 | 159.43 | -1.8 | 23.46 |
| 21Q3 (11) | 1.61 | 14.18 | -22.97 | 0.59 | -1.67 | -4.84 | 56.61 | -12.18 | 29.84 | 153.61 | 0.46 | 4.9 | 47.87 | -16.63 | 60.64 | 162.35 | 1.51 | 1.32 |
| 21Q2 (10) | 1.41 | -10.76 | 22.61 | 0.60 | -17.81 | 160.87 | 64.46 | 11.66 | -18.86 | 152.91 | 22.91 | -61.96 | 57.42 | 5.67 | -35.68 | 159.94 | 25.15 | -59.21 |
| 21Q1 (9) | 1.58 | -11.73 | -4.24 | 0.73 | -3.95 | 48.98 | 57.73 | 13.62 | 4.47 | 124.41 | 4.09 | -33.25 | 54.34 | 31.89 | 4.56 | 127.80 | -1.03 | -32.62 |
| 20Q4 (8) | 1.79 | -14.35 | 12.58 | 0.76 | 22.58 | 18.75 | 50.81 | 16.54 | -11.42 | 119.52 | -18.38 | -15.32 | 41.20 | 38.26 | 9.72 | 129.13 | -19.41 | -19.77 |
| 20Q3 (7) | 2.09 | 81.74 | 3.98 | 0.62 | 169.57 | 0.0 | 43.60 | -45.12 | -3.6 | 146.44 | -63.57 | -0.46 | 29.80 | -66.62 | -31.71 | 160.24 | -59.13 | 7.76 |
| 20Q2 (6) | 1.15 | -30.3 | -77.8 | 0.23 | -53.06 | -79.82 | 79.44 | 43.76 | 125.94 | 401.95 | 115.67 | 152.34 | 89.27 | 71.77 | 72.04 | 392.12 | 106.74 | 175.08 |
| 20Q1 (5) | 1.65 | 3.77 | -41.9 | 0.49 | -23.44 | -19.67 | 55.26 | -3.66 | 72.69 | 186.37 | 32.05 | 25.76 | 51.97 | 38.4 | -8.1 | 189.67 | 17.84 | 53.41 |
| 19Q4 (4) | 1.59 | -20.9 | 0.0 | 0.64 | 3.23 | 0.0 | 57.36 | 26.82 | 0.0 | 141.14 | -4.06 | 0.0 | 37.55 | -13.96 | 0.0 | 160.95 | 8.24 | 0.0 |
| 19Q3 (3) | 2.01 | -61.2 | 0.0 | 0.62 | -45.61 | 0.0 | 45.23 | 28.64 | 0.0 | 147.11 | -7.65 | 0.0 | 43.64 | -15.9 | 0.0 | 148.70 | 4.31 | 0.0 |
| 19Q2 (2) | 5.18 | 82.39 | 0.0 | 1.14 | 86.89 | 0.0 | 35.16 | 9.87 | 0.0 | 159.29 | 7.49 | 0.0 | 51.89 | -8.24 | 0.0 | 142.55 | 15.29 | 0.0 |
| 19Q1 (1) | 2.84 | 0.0 | 0.0 | 0.61 | 0.0 | 0.0 | 32.00 | 0.0 | 0.0 | 148.19 | 0.0 | 0.0 | 56.55 | 0.0 | 0.0 | 123.64 | 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) | 5.78 | -1.53 | 2.05 | -13.14 | 63.13 | 1.48 | 177.91 | 14.9 | 45.18 | 9.24 | 195.86 | 11.47 |
| 2022 (9) | 5.87 | -15.66 | 2.36 | -18.06 | 62.21 | 18.59 | 154.84 | 22.28 | 41.36 | -7.18 | 175.70 | 30.6 |
| 2021 (8) | 6.96 | 21.89 | 2.88 | 34.58 | 52.46 | -17.9 | 126.63 | -25.69 | 44.56 | -29.47 | 134.53 | -21.38 |
| 2020 (7) | 5.71 | -44.51 | 2.14 | -18.01 | 63.90 | 80.1 | 170.41 | 22.02 | 63.18 | 42.94 | 171.12 | 30.69 |
| 2019 (6) | 10.29 | -20.36 | 2.61 | -5.43 | 35.48 | 25.55 | 139.66 | 5.61 | 44.20 | -16.1 | 130.94 | 21.44 |
| 2018 (5) | 12.92 | -27.58 | 2.76 | 8.66 | 28.26 | 38.12 | 132.24 | -7.96 | 52.68 | 23.06 | 107.82 | -11.14 |
| 2017 (4) | 17.84 | -7.08 | 2.54 | -6.62 | 20.46 | 7.63 | 143.68 | 6.98 | 42.81 | 31.52 | 121.34 | 0.47 |
| 2016 (3) | 19.20 | 81.3 | 2.72 | -7.48 | 19.01 | -44.82 | 134.31 | 8.37 | 32.55 | -29.15 | 120.77 | 7.39 |
| 2015 (2) | 10.59 | 18.32 | 2.94 | -12.76 | 34.45 | -15.56 | 123.94 | 14.39 | 45.94 | 1.64 | 112.46 | 8.19 |
| 2014 (1) | 8.95 | -26.52 | 3.37 | -15.75 | 40.80 | 36.14 | 108.35 | 18.83 | 45.20 | 21.73 | 103.95 | 23.72 |
