- 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) | 2.02 | 41.26 | 4.12 | 0.14 | -33.33 | -66.67 | 45.04 | -29.36 | -3.82 | 644.44 | 46.71 | 195.72 | 54.36 | 1.61 | 294.48 | 635.12 | 41.29 | 153.06 |
| 23Q3 (19) | 1.43 | 5.15 | -25.13 | 0.21 | -19.23 | -40.0 | 63.76 | -4.81 | 33.5 | 439.25 | 27.67 | 66.58 | 53.50 | 67.24 | 223.46 | 449.50 | 18.59 | 52.41 |
| 23Q2 (18) | 1.36 | -6.21 | -47.69 | 0.26 | 4.0 | -18.75 | 66.98 | 6.76 | 91.26 | 344.05 | -6.54 | 20.82 | 31.99 | -5.91 | -4.54 | 379.03 | -4.49 | 32.39 |
| 23Q1 (17) | 1.45 | -25.26 | 21.85 | 0.25 | -40.48 | -16.67 | 62.74 | 33.97 | -18.18 | 368.11 | 68.92 | 22.51 | 34.00 | 146.73 | -12.28 | 396.85 | 58.12 | 17.27 |
| 22Q4 (16) | 1.94 | 1.57 | -4.9 | 0.42 | 20.0 | 27.27 | 46.83 | -1.95 | 4.98 | 217.92 | -17.36 | -22.0 | 13.78 | -16.69 | -61.7 | 250.98 | -14.9 | -12.85 |
| 22Q3 (15) | 1.91 | -26.54 | 75.23 | 0.35 | 9.37 | 20.69 | 47.76 | 36.38 | -43.04 | 263.69 | -7.4 | -16.81 | 16.54 | -50.64 | -66.25 | 294.92 | 3.01 | -16.17 |
| 22Q2 (14) | 2.60 | 118.49 | 130.09 | 0.32 | 6.67 | -3.03 | 35.02 | -54.33 | -56.33 | 284.77 | -5.23 | 2.08 | 33.51 | -13.54 | -36.95 | 286.29 | -15.4 | -6.45 |
| 22Q1 (13) | 1.19 | -41.67 | -28.74 | 0.30 | -9.09 | 25.0 | 76.68 | 71.89 | 41.03 | 300.48 | 7.55 | -20.45 | 38.76 | 7.73 | -57.72 | 338.40 | 17.5 | -0.59 |
| 21Q4 (12) | 2.04 | 87.16 | -14.29 | 0.33 | 13.79 | -10.81 | 44.61 | -46.8 | 16.6 | 279.38 | -11.86 | 13.49 | 35.98 | -26.59 | -52.89 | 288.00 | -18.14 | 38.42 |
| 21Q3 (11) | 1.09 | -3.54 | -55.87 | 0.29 | -12.12 | -9.38 | 83.85 | 4.56 | 127.54 | 316.96 | 13.62 | 9.9 | 49.01 | -7.79 | -30.52 | 351.80 | 14.96 | 38.11 |
| 21Q2 (10) | 1.13 | -32.34 | 145.65 | 0.33 | 37.5 | 200.0 | 80.19 | 47.49 | -59.41 | 278.97 | -26.14 | -66.42 | 53.15 | -42.02 | -15.73 | 306.02 | -10.11 | -68.3 |
| 21Q1 (9) | 1.67 | -29.83 | 2.45 | 0.24 | -35.14 | -22.58 | 54.37 | 42.11 | -2.39 | 377.72 | 53.44 | 29.72 | 91.67 | 20.03 | 290.58 | 340.42 | 63.62 | 5.26 |
| 20Q4 (8) | 2.38 | -3.64 | 122.43 | 0.37 | 15.62 | 117.65 | 38.26 | 3.83 | -55.05 | 246.17 | -14.64 | -52.9 | 76.37 | 8.26 | 33.07 | 208.06 | -18.32 | -62.2 |
| 20Q3 (7) | 2.47 | 436.96 | 56.33 | 0.32 | 190.91 | 39.13 | 36.85 | -81.35 | -36.21 | 288.40 | -65.29 | -27.42 | 70.54 | 11.84 | 42.85 | 254.72 | -73.61 | -37.22 |
| 20Q2 (6) | 0.46 | -71.78 | -47.13 | 0.11 | -64.52 | -31.25 | 197.57 | 254.7 | 88.31 | 830.80 | 185.31 | 45.32 | 63.07 | 168.73 | -27.94 | 965.30 | 198.47 | 63.86 |
| 20Q1 (5) | 1.63 | 52.34 | -0.61 | 0.31 | 82.35 | 181.82 | 55.70 | -34.56 | 0.25 | 291.19 | -44.28 | -65.32 | 23.47 | -59.1 | -83.98 | 323.42 | -41.24 | -56.79 |
| 19Q4 (4) | 1.07 | -32.28 | 0.0 | 0.17 | -26.09 | 0.0 | 85.12 | 47.34 | 0.0 | 522.64 | 31.53 | 0.0 | 57.39 | 16.22 | 0.0 | 550.38 | 35.65 | 0.0 |
| 19Q3 (3) | 1.58 | 81.61 | 0.0 | 0.23 | 43.75 | 0.0 | 57.77 | -44.94 | 0.0 | 397.36 | -30.5 | 0.0 | 49.38 | -43.58 | 0.0 | 405.75 | -31.12 | 0.0 |
| 19Q2 (2) | 0.87 | -46.95 | 0.0 | 0.16 | 45.45 | 0.0 | 104.92 | 88.84 | 0.0 | 571.70 | -31.9 | 0.0 | 87.52 | -40.27 | 0.0 | 589.10 | -21.3 | 0.0 |
| 19Q1 (1) | 1.64 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 55.56 | 0.0 | 0.0 | 839.53 | 0.0 | 0.0 | 146.52 | 0.0 | 0.0 | 748.57 | 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) | 6.49 | 15.28 | 0.90 | -40.0 | 56.28 | -13.16 | 406.56 | 67.18 | 16.33 | -23.04 | 446.51 | 55.7 |
| 2022 (9) | 5.63 | 3.11 | 1.50 | 19.05 | 64.81 | -3.11 | 243.19 | -16.26 | 21.22 | -59.0 | 286.78 | -6.14 |
| 2021 (8) | 5.46 | -32.84 | 1.26 | 12.5 | 66.89 | 48.98 | 290.40 | -11.18 | 51.75 | -19.56 | 305.54 | -0.65 |
| 2020 (7) | 8.13 | 15.65 | 1.12 | 55.56 | 44.90 | -13.5 | 326.97 | -35.2 | 64.33 | -15.18 | 307.55 | -36.02 |
| 2019 (6) | 7.03 | 13.57 | 0.72 | 38.46 | 51.91 | -11.93 | 504.62 | -28.71 | 75.84 | -32.84 | 480.69 | -26.49 |
| 2018 (5) | 6.19 | -7.89 | 0.52 | -52.29 | 58.94 | 8.47 | 707.85 | 112.14 | 112.93 | 132.37 | 653.87 | 92.64 |
| 2017 (4) | 6.72 | 85.12 | 1.09 | 65.15 | 54.34 | -45.92 | 333.67 | -39.71 | 48.60 | -69.79 | 339.42 | -31.17 |
| 2016 (3) | 3.63 | -44.92 | 0.66 | -74.22 | 100.48 | 81.47 | 553.48 | 287.97 | 160.86 | 490.31 | 493.10 | 188.73 |
| 2015 (2) | 6.59 | -20.98 | 2.56 | 39.13 | 55.37 | 26.5 | 142.66 | -27.98 | 27.25 | 165.08 | 170.78 | -26.25 |
| 2014 (1) | 8.34 | -7.64 | 1.84 | -31.85 | 43.77 | 8.29 | 198.08 | 46.73 | 10.28 | 907.84 | 231.57 | 32.78 |
