- 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) | 0.62 | -10.14 | 24.0 | 1.80 | -0.55 | 37.4 | 147.13 | 11.87 | -19.42 | 50.54 | 0.36 | -27.08 | 47.48 | 11.48 | -23.58 | 150.19 | 7.83 | -20.86 |
| 23Q3 (19) | 0.69 | 11.29 | 35.29 | 1.81 | 22.3 | 22.3 | 131.52 | -10.45 | -26.15 | 50.36 | -18.15 | -17.82 | 42.59 | -2.23 | -27.97 | 139.29 | -15.5 | -22.72 |
| 23Q2 (18) | 0.62 | 8.77 | 12.73 | 1.48 | 9.63 | -15.43 | 146.87 | -8.48 | -11.17 | 61.53 | -8.74 | 18.4 | 43.56 | -15.73 | -16.02 | 164.84 | -6.45 | -0.36 |
| 23Q1 (17) | 0.57 | 14.0 | -1.72 | 1.35 | 3.05 | -17.68 | 160.48 | -12.11 | 2.6 | 67.42 | -2.73 | 21.48 | 51.69 | -16.8 | -5.19 | 176.21 | -7.15 | 11.95 |
| 22Q4 (16) | 0.50 | -1.96 | -12.28 | 1.31 | -11.49 | -12.67 | 182.59 | 2.53 | 13.52 | 69.31 | 13.1 | 14.47 | 62.13 | 5.07 | 9.29 | 189.77 | 5.29 | 15.33 |
| 22Q3 (15) | 0.51 | -7.27 | -1.92 | 1.48 | -15.43 | -1.33 | 178.09 | 7.72 | 0.84 | 61.28 | 17.91 | 1.19 | 59.13 | 14.0 | 11.46 | 180.23 | 8.94 | -2.11 |
| 22Q2 (14) | 0.55 | -5.17 | 44.74 | 1.75 | 6.71 | 24.11 | 165.33 | 5.7 | -30.62 | 51.97 | -6.36 | -19.69 | 51.87 | -4.86 | -13.64 | 165.44 | 5.11 | -31.9 |
| 22Q1 (13) | 0.58 | 1.75 | 45.0 | 1.64 | 9.33 | 5.81 | 156.42 | -2.75 | -32.05 | 55.50 | -8.34 | -5.74 | 54.52 | -4.1 | -10.84 | 157.40 | -4.34 | -30.95 |
| 21Q4 (12) | 0.57 | 9.62 | 39.02 | 1.50 | 0.0 | -14.77 | 160.84 | -8.92 | -27.29 | 60.55 | -0.02 | 16.94 | 56.85 | 7.16 | -1.78 | 164.54 | -10.63 | -23.51 |
| 21Q3 (11) | 0.52 | 36.84 | -5.45 | 1.50 | 6.38 | -26.47 | 176.60 | -25.89 | 7.09 | 60.56 | -6.41 | 35.51 | 53.05 | -11.67 | 19.94 | 184.11 | -24.21 | 11.33 |
| 21Q2 (10) | 0.38 | -5.0 | -35.59 | 1.41 | -9.03 | -11.88 | 238.28 | 3.51 | 54.15 | 64.71 | 9.9 | 13.91 | 60.06 | -1.78 | 19.95 | 242.93 | 6.58 | 50.6 |
| 21Q1 (9) | 0.40 | -2.44 | -39.39 | 1.55 | -11.93 | -7.74 | 230.21 | 4.07 | 67.9 | 58.88 | 13.71 | 9.02 | 61.15 | 5.65 | 15.23 | 227.94 | 5.96 | 65.11 |
| 20Q4 (8) | 0.41 | -25.45 | -39.71 | 1.76 | -13.73 | -25.42 | 221.21 | 34.14 | 65.21 | 51.78 | 15.86 | 34.18 | 57.88 | 30.86 | 34.82 | 215.11 | 30.08 | 66.03 |
| 20Q3 (7) | 0.55 | -6.78 | -8.33 | 2.04 | 27.5 | -11.69 | 164.91 | 6.68 | 9.36 | 44.69 | -21.33 | 13.31 | 44.23 | -11.66 | 10.35 | 165.37 | 2.52 | 10.13 |
| 20Q2 (6) | 0.59 | -10.61 | 15.69 | 1.60 | -4.76 | -15.34 | 154.58 | 12.74 | -13.94 | 56.81 | 5.18 | 18.21 | 50.07 | -5.65 | 30.22 | 161.31 | 16.85 | -14.75 |
| 20Q1 (5) | 0.66 | -2.94 | 34.69 | 1.68 | -28.81 | -6.15 | 137.11 | 2.4 | -25.52 | 54.01 | 39.96 | 6.44 | 53.07 | 23.62 | 15.19 | 138.05 | 6.55 | -26.86 |
| 19Q4 (4) | 0.68 | 13.33 | 0.0 | 2.36 | 2.16 | 0.0 | 133.90 | -11.2 | 0.0 | 38.59 | -2.16 | 0.0 | 42.93 | 7.11 | 0.0 | 129.56 | -13.72 | 0.0 |
| 19Q3 (3) | 0.60 | 17.65 | 0.0 | 2.31 | 22.22 | 0.0 | 150.79 | -16.05 | 0.0 | 39.44 | -17.94 | 0.0 | 40.08 | 4.24 | 0.0 | 150.16 | -20.65 | 0.0 |
| 19Q2 (2) | 0.51 | 4.08 | 0.0 | 1.89 | 5.59 | 0.0 | 179.62 | -2.43 | 0.0 | 48.06 | -5.28 | 0.0 | 38.45 | -16.54 | 0.0 | 189.23 | 0.25 | 0.0 |
| 19Q1 (1) | 0.49 | 0.0 | 0.0 | 1.79 | 0.0 | 0.0 | 184.09 | 0.0 | 0.0 | 50.74 | 0.0 | 0.0 | 46.07 | 0.0 | 0.0 | 188.76 | 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) | 2.47 | 3.35 | 6.55 | 12.74 | 147.70 | -3.27 | 55.70 | -11.4 | 50.52 | -13.18 | 152.88 | -2.86 |
| 2022 (9) | 2.39 | 36.57 | 5.81 | -2.35 | 152.70 | -26.61 | 62.87 | 2.49 | 58.19 | -8.91 | 157.38 | -23.43 |
| 2021 (8) | 1.75 | -19.35 | 5.95 | -23.32 | 208.07 | 23.95 | 61.34 | 30.34 | 63.88 | 24.33 | 205.53 | 25.68 |
| 2020 (7) | 2.17 | -3.56 | 7.76 | -0.39 | 167.86 | 3.47 | 47.06 | 0.43 | 51.38 | -0.54 | 163.54 | 3.88 |
| 2019 (6) | 2.25 | 18.42 | 7.79 | -6.48 | 162.23 | -15.34 | 46.86 | 6.96 | 51.66 | -1.86 | 157.43 | -13.88 |
| 2018 (5) | 1.90 | -5.94 | 8.33 | -2.69 | 191.63 | 5.8 | 43.81 | 2.79 | 52.64 | 4.16 | 182.80 | 5.55 |
| 2017 (4) | 2.02 | -6.48 | 8.56 | 13.83 | 181.12 | 7.12 | 42.62 | -12.18 | 50.54 | -5.78 | 173.19 | 5.62 |
| 2016 (3) | 2.16 | -1.82 | 7.52 | 8.05 | 169.08 | 1.9 | 48.53 | -7.44 | 53.64 | 2.0 | 163.97 | -1.08 |
| 2015 (2) | 2.20 | -0.45 | 6.96 | 1.9 | 165.92 | 0.49 | 52.43 | -1.87 | 52.59 | 1.56 | 165.76 | -0.6 |
| 2014 (1) | 2.21 | 0.45 | 6.83 | 3.48 | 165.11 | -0.49 | 53.43 | -3.4 | 51.78 | 14.43 | 166.76 | -5.24 |
