- 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) | 0.60 | -20.0 | -32.58 | 1.07 | -5.31 | 12.63 | 151.09 | 24.36 | 47.77 | 85.16 | 6.09 | -10.81 | 58.38 | 8.03 | 53.19 | 177.87 | 20.41 | 11.44 |
| 23Q3 (19) | 0.75 | 29.31 | 44.23 | 1.13 | 22.83 | 68.66 | 121.49 | -22.84 | -30.41 | 80.27 | -19.06 | -40.7 | 54.04 | -16.33 | 18.77 | 147.72 | -23.07 | -44.14 |
| 23Q2 (18) | 0.58 | 1.75 | 23.4 | 0.92 | 6.98 | 29.58 | 157.45 | -1.83 | -18.07 | 99.17 | -6.79 | -22.39 | 64.59 | 2.04 | -19.17 | 192.02 | -5.63 | -20.01 |
| 23Q1 (17) | 0.57 | -35.96 | -32.14 | 0.86 | -9.47 | -15.69 | 160.39 | 56.86 | 48.41 | 106.39 | 11.43 | 18.87 | 63.30 | 66.1 | 0.48 | 203.48 | 27.49 | 51.21 |
| 22Q4 (16) | 0.89 | 71.15 | 9.88 | 0.95 | 41.79 | 11.76 | 102.25 | -41.43 | -9.26 | 95.48 | -29.47 | -10.53 | 38.11 | -16.24 | -33.43 | 159.61 | -39.64 | -1.57 |
| 22Q3 (15) | 0.52 | 10.64 | -18.75 | 0.67 | -5.63 | -5.63 | 174.57 | -9.16 | 21.99 | 135.37 | 5.94 | 4.99 | 45.50 | -43.06 | -40.88 | 264.44 | 10.16 | 35.55 |
| 22Q2 (14) | 0.47 | -44.05 | -35.62 | 0.71 | -30.39 | -17.44 | 192.18 | 77.83 | 54.8 | 127.78 | 42.77 | 21.07 | 79.91 | 26.84 | 7.13 | 240.05 | 78.38 | 54.77 |
| 22Q1 (13) | 0.84 | 3.7 | 13.51 | 1.02 | 20.0 | 12.09 | 108.07 | -4.1 | -11.66 | 89.50 | -16.14 | -10.69 | 63.00 | 10.04 | -17.37 | 134.57 | -17.01 | -8.02 |
| 21Q4 (12) | 0.81 | 26.56 | 1.25 | 0.85 | 19.72 | -18.27 | 112.69 | -21.25 | -1.42 | 106.72 | -17.23 | 21.54 | 57.25 | -25.61 | -30.61 | 162.16 | -16.88 | 35.56 |
| 21Q3 (11) | 0.64 | -12.33 | -21.95 | 0.71 | -17.44 | -52.35 | 143.10 | 15.26 | 28.68 | 128.94 | 22.17 | 110.79 | 76.96 | 3.18 | 20.06 | 195.08 | 25.78 | 80.16 |
| 21Q2 (10) | 0.73 | -1.35 | -16.09 | 0.86 | -5.49 | -43.42 | 124.15 | 1.49 | 18.87 | 105.54 | 5.32 | 76.43 | 74.59 | -2.16 | 35.32 | 155.10 | 6.01 | 42.11 |
| 21Q1 (9) | 0.74 | -7.5 | 29.82 | 0.91 | -12.5 | -15.74 | 122.33 | 7.02 | -23.06 | 100.21 | 14.12 | 19.2 | 76.24 | -7.6 | -3.66 | 146.31 | 22.31 | -10.75 |
| 20Q4 (8) | 0.80 | -2.44 | 6.67 | 1.04 | -30.2 | -27.78 | 114.31 | 2.79 | -5.93 | 87.81 | 43.55 | 38.65 | 82.51 | 28.72 | 30.64 | 119.62 | 10.47 | -1.69 |
| 20Q3 (7) | 0.82 | -5.75 | -15.46 | 1.49 | -1.97 | -5.7 | 111.21 | 6.48 | 18.21 | 61.17 | 2.26 | 6.31 | 64.10 | 16.29 | 39.14 | 108.28 | -0.79 | 2.59 |
| 20Q2 (6) | 0.87 | 52.63 | 33.85 | 1.52 | 40.74 | 36.94 | 104.44 | -34.31 | -25.07 | 59.82 | -28.85 | -27.26 | 55.12 | -30.35 | 0.55 | 109.14 | -33.42 | -34.57 |
| 20Q1 (5) | 0.57 | -24.0 | -25.0 | 1.08 | -25.0 | -6.9 | 159.00 | 30.85 | 33.47 | 84.07 | 32.75 | 6.71 | 79.14 | 25.3 | 66.26 | 163.93 | 34.72 | 9.06 |
| 19Q4 (4) | 0.75 | -22.68 | 0.0 | 1.44 | -8.86 | 0.0 | 121.51 | 29.16 | 0.0 | 63.33 | 10.06 | 0.0 | 63.16 | 37.1 | 0.0 | 121.68 | 15.28 | 0.0 |
| 19Q3 (3) | 0.97 | 49.23 | 0.0 | 1.58 | 42.34 | 0.0 | 94.08 | -32.51 | 0.0 | 57.54 | -30.03 | 0.0 | 46.07 | -15.96 | 0.0 | 105.55 | -36.72 | 0.0 |
| 19Q2 (2) | 0.65 | -14.47 | 0.0 | 1.11 | -4.31 | 0.0 | 139.39 | 17.01 | 0.0 | 82.24 | 4.39 | 0.0 | 54.82 | 15.17 | 0.0 | 166.80 | 10.97 | 0.0 |
| 19Q1 (1) | 0.76 | 0.0 | 0.0 | 1.16 | 0.0 | 0.0 | 119.13 | 0.0 | 0.0 | 78.78 | 0.0 | 0.0 | 47.60 | 0.0 | 0.0 | 150.31 | 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) | 2.54 | -8.96 | 4.10 | 24.62 | 143.82 | 9.8 | 88.99 | -19.77 | 54.31 | -15.27 | 178.51 | 0.4 |
| 2022 (9) | 2.79 | -1.76 | 3.29 | -4.08 | 130.98 | 1.99 | 110.92 | 4.26 | 64.10 | -13.32 | 177.80 | 10.52 |
| 2021 (8) | 2.84 | 1.07 | 3.43 | -23.44 | 128.43 | -0.97 | 106.39 | 30.7 | 73.95 | -0.11 | 160.87 | 17.36 |
| 2020 (7) | 2.81 | 2.18 | 4.48 | -11.98 | 129.69 | -2.41 | 81.40 | 13.48 | 74.03 | 32.58 | 137.07 | -7.87 |
| 2019 (6) | 2.75 | 12.7 | 5.09 | -9.11 | 132.89 | -11.05 | 71.73 | 10.02 | 55.84 | -9.67 | 148.78 | -2.62 |
| 2018 (5) | 2.44 | 9.42 | 5.60 | -20.11 | 149.40 | -8.72 | 65.20 | 25.29 | 61.82 | -20.95 | 152.78 | 11.1 |
| 2017 (4) | 2.23 | -20.92 | 7.01 | -19.05 | 163.67 | 26.5 | 52.04 | 23.46 | 78.20 | 15.36 | 137.51 | 32.55 |
| 2016 (3) | 2.82 | 0.36 | 8.66 | 19.45 | 129.38 | -0.41 | 42.15 | -16.25 | 67.79 | -9.75 | 103.74 | -1.33 |
| 2015 (2) | 2.81 | 3.31 | 7.25 | 8.05 | 129.91 | -3.07 | 50.33 | -7.43 | 75.11 | -7.78 | 105.14 | -1.69 |
| 2014 (1) | 2.72 | 0 | 6.71 | 0 | 134.03 | 0 | 54.37 | 0 | 81.45 | 0 | 106.95 | 0 |
