- 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) | 2.01 | 39.58 | -22.69 | 0.32 | 3.23 | -38.46 | 45.29 | -28.18 | 29.51 | 280.36 | -5.13 | 60.46 | 90.28 | -7.17 | 371.44 | 235.37 | -9.93 | 23.53 |
| 23Q3 (19) | 1.44 | -10.56 | -50.68 | 0.31 | -40.38 | -11.43 | 63.06 | 11.51 | 102.05 | 295.52 | 70.49 | 14.69 | 97.25 | 33.22 | 368.22 | 261.33 | 66.58 | -2.53 |
| 23Q2 (18) | 1.61 | -27.15 | -11.05 | 0.52 | -18.75 | 108.0 | 56.55 | 37.09 | 12.38 | 173.34 | 21.01 | -51.59 | 73.00 | 51.67 | 138.41 | 156.88 | 15.05 | -58.47 |
| 23Q1 (17) | 2.21 | -15.0 | 49.32 | 0.64 | 23.08 | 137.04 | 41.25 | 17.96 | -32.75 | 143.25 | -18.01 | -57.58 | 48.13 | 151.33 | -21.73 | 136.36 | -28.43 | -59.6 |
| 22Q4 (16) | 2.60 | -10.96 | 30.0 | 0.52 | 48.57 | 92.59 | 34.97 | 12.05 | -23.23 | 174.72 | -32.19 | -47.45 | 19.15 | -7.8 | -81.62 | 190.54 | -28.93 | -30.43 |
| 22Q3 (15) | 2.92 | 61.33 | 41.75 | 0.35 | 40.0 | -7.89 | 31.21 | -37.98 | -29.5 | 257.67 | -28.03 | 7.07 | 20.77 | -32.17 | -78.31 | 268.11 | -29.02 | 41.73 |
| 22Q2 (14) | 1.81 | 22.3 | 11.73 | 0.25 | -7.41 | -39.02 | 50.32 | -17.97 | -10.48 | 358.04 | 6.03 | 59.52 | 30.62 | -50.2 | -72.3 | 377.74 | 11.91 | 122.07 |
| 22Q1 (13) | 1.48 | -26.0 | -15.43 | 0.27 | 0.0 | -59.09 | 61.34 | 34.67 | 17.94 | 337.69 | 1.56 | 143.24 | 61.49 | -40.98 | -19.92 | 337.54 | 23.25 | 195.98 |
| 21Q4 (12) | 2.00 | -2.91 | 1.52 | 0.27 | -28.95 | -62.5 | 45.55 | 2.89 | -1.28 | 332.51 | 38.17 | 161.92 | 104.19 | 8.83 | 38.38 | 273.87 | 44.77 | 180.03 |
| 21Q3 (11) | 2.06 | 27.16 | 10.75 | 0.38 | -7.32 | -54.76 | 44.27 | -21.24 | -9.65 | 240.65 | 7.22 | 121.37 | 95.74 | -13.4 | 44.47 | 189.17 | 11.21 | 106.88 |
| 21Q2 (10) | 1.62 | -7.43 | -28.63 | 0.41 | -37.88 | -56.38 | 56.21 | 8.08 | 40.21 | 224.45 | 61.67 | 130.92 | 110.56 | 43.98 | 202.08 | 170.10 | 49.16 | 68.93 |
| 21Q1 (9) | 1.75 | -11.17 | -1.13 | 0.66 | -8.33 | 8.2 | 52.01 | 12.72 | 0.97 | 138.83 | 9.36 | -7.41 | 76.79 | 1.99 | 188.79 | 114.04 | 16.61 | -34.78 |
| 20Q4 (8) | 1.97 | 5.91 | 2.6 | 0.72 | -14.29 | 33.33 | 46.14 | -5.84 | -2.45 | 126.95 | 16.78 | -24.43 | 75.29 | 13.61 | 108.62 | 97.80 | 6.96 | -45.43 |
| 20Q3 (7) | 1.86 | -18.06 | 16.25 | 0.84 | -10.64 | 82.61 | 49.00 | 22.22 | -13.91 | 108.71 | 11.84 | -44.71 | 66.27 | 81.07 | 55.6 | 91.44 | -9.19 | -56.66 |
| 20Q2 (6) | 2.27 | 28.25 | 54.42 | 0.94 | 54.1 | 104.35 | 40.09 | -22.17 | -35.08 | 97.20 | -35.17 | -51.09 | 36.60 | 37.65 | -2.43 | 100.69 | -42.42 | -54.85 |
| 20Q1 (5) | 1.77 | -7.81 | 34.09 | 0.61 | 12.96 | 74.29 | 51.51 | 8.9 | -25.49 | 149.94 | -10.74 | -42.91 | 26.59 | -26.32 | -51.65 | 174.86 | -2.43 | -36.83 |
| 19Q4 (4) | 1.92 | 20.0 | 0.0 | 0.54 | 17.39 | 0.0 | 47.30 | -16.9 | 0.0 | 167.99 | -14.57 | 0.0 | 36.09 | -15.26 | 0.0 | 179.21 | -15.05 | 0.0 |
| 19Q3 (3) | 1.60 | 8.84 | 0.0 | 0.46 | 0.0 | 0.0 | 56.92 | -7.82 | 0.0 | 196.63 | -1.07 | 0.0 | 42.59 | 13.54 | 0.0 | 210.96 | -5.4 | 0.0 |
| 19Q2 (2) | 1.47 | 11.36 | 0.0 | 0.46 | 31.43 | 0.0 | 61.75 | -10.68 | 0.0 | 198.75 | -24.33 | 0.0 | 37.51 | -31.8 | 0.0 | 223.00 | -19.43 | 0.0 |
| 19Q1 (1) | 1.32 | 0.0 | 0.0 | 0.35 | 0.0 | 0.0 | 69.13 | 0.0 | 0.0 | 262.66 | 0.0 | 0.0 | 55.00 | 0.0 | 0.0 | 276.79 | 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) | 7.78 | 27.54 | 1.62 | 28.57 | 46.90 | -21.57 | 225.59 | -21.98 | 60.69 | -10.99 | 211.81 | -24.56 |
| 2022 (9) | 6.10 | -3.17 | 1.26 | -31.15 | 59.80 | 3.25 | 289.14 | 45.01 | 68.18 | -13.87 | 280.76 | 57.59 |
| 2021 (8) | 6.30 | -8.96 | 1.83 | -27.67 | 57.92 | 9.82 | 199.40 | 38.35 | 79.16 | 37.5 | 178.16 | 27.89 |
| 2020 (7) | 6.92 | 13.63 | 2.53 | 27.14 | 52.74 | -12.03 | 144.13 | -21.43 | 57.57 | 49.69 | 139.31 | -32.02 |
| 2019 (6) | 6.09 | 4.82 | 1.99 | 16.37 | 59.95 | -4.51 | 183.44 | -14.23 | 38.46 | -55.6 | 204.92 | 7.84 |
| 2018 (5) | 5.81 | 3.2 | 1.71 | -10.0 | 62.78 | -3.18 | 213.87 | 11.54 | 86.62 | -23.37 | 190.03 | 32.37 |
| 2017 (4) | 5.63 | 11.71 | 1.90 | -30.15 | 64.84 | -10.52 | 191.75 | 42.78 | 113.03 | 24.9 | 143.56 | 23.49 |
| 2016 (3) | 5.04 | 57.99 | 2.72 | 12.4 | 72.46 | -36.74 | 134.30 | -11.02 | 90.50 | -12.55 | 116.25 | -28.24 |
| 2015 (2) | 3.19 | -10.39 | 2.42 | -17.97 | 114.54 | 11.82 | 150.93 | 22.18 | 103.49 | 9.73 | 161.99 | 23.06 |
| 2014 (1) | 3.56 | -11.0 | 2.95 | -6.94 | 102.43 | 12.39 | 123.53 | 7.16 | 94.31 | 23.17 | 131.64 | 1.39 |
