- 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) | 1.79 | -2.72 | 28.78 | 3.78 | -15.81 | 87.13 | 50.70 | 2.55 | -22.74 | 24.04 | 18.66 | -46.55 | 1.99 | 314.58 | 12.43 | 72.75 | 5.1 | -33.15 |
| 23Q3 (19) | 1.84 | -11.96 | 46.03 | 4.49 | 20.05 | 158.05 | 49.44 | 13.45 | -31.8 | 20.26 | -16.69 | -61.19 | 0.48 | 17.07 | -83.84 | 69.22 | 2.56 | -43.13 |
| 23Q2 (18) | 2.09 | 55.97 | 57.14 | 3.74 | 64.76 | 57.81 | 43.58 | -35.84 | -36.2 | 24.32 | -39.32 | -36.8 | 0.41 | -76.02 | -83.2 | 67.49 | -36.51 | -35.32 |
| 23Q1 (17) | 1.34 | -3.6 | -26.78 | 2.27 | 12.38 | -38.81 | 67.92 | 3.51 | 36.69 | 40.08 | -10.89 | 63.53 | 1.71 | -3.39 | 9.62 | 106.30 | -2.32 | 46.34 |
| 22Q4 (16) | 1.39 | 10.32 | -29.44 | 2.02 | 16.09 | -35.67 | 65.62 | -9.48 | 42.28 | 44.98 | -13.83 | 55.05 | 1.77 | -40.4 | -40.8 | 108.83 | -10.59 | 50.88 |
| 22Q3 (15) | 1.26 | -5.26 | -28.81 | 1.74 | -26.58 | -29.27 | 72.49 | 6.12 | 40.92 | 52.20 | 35.65 | 40.85 | 2.97 | 21.72 | -43.86 | 121.72 | 16.65 | 46.26 |
| 22Q2 (14) | 1.33 | -27.32 | -43.16 | 2.37 | -36.12 | -39.23 | 68.31 | 37.47 | 75.74 | 38.48 | 57.0 | 64.8 | 2.44 | 56.41 | -22.29 | 104.35 | 43.65 | 76.62 |
| 22Q1 (13) | 1.83 | -7.11 | -11.17 | 3.71 | 18.15 | -12.91 | 49.69 | 7.74 | 12.29 | 24.51 | -15.51 | 14.8 | 1.56 | -47.83 | -21.21 | 72.64 | 0.71 | 14.18 |
| 21Q4 (12) | 1.97 | 11.3 | 5.35 | 3.14 | 27.64 | -24.7 | 46.12 | -10.34 | -5.47 | 29.01 | -21.72 | 32.95 | 2.99 | -43.48 | -6.27 | 72.13 | -13.33 | 6.99 |
| 21Q3 (11) | 1.77 | -24.36 | -22.71 | 2.46 | -36.92 | -43.96 | 51.44 | 32.34 | 29.51 | 37.06 | 58.72 | 78.95 | 5.29 | 68.47 | 42.59 | 83.22 | 40.86 | 46.72 |
| 21Q2 (10) | 2.34 | 13.59 | 50.0 | 3.90 | -8.45 | 42.86 | 38.87 | -12.16 | -33.43 | 23.35 | 9.37 | -30.07 | 3.14 | 58.59 | -34.85 | 59.08 | -7.14 | -32.06 |
| 21Q1 (9) | 2.06 | 10.16 | -4.63 | 4.26 | 2.16 | -6.17 | 44.25 | -9.31 | 4.96 | 21.35 | -2.15 | 6.54 | 1.98 | -37.93 | 2.59 | 63.62 | -5.64 | 5.56 |
| 20Q4 (8) | 1.87 | -18.34 | 25.5 | 4.17 | -5.01 | -7.33 | 48.79 | 22.83 | -20.17 | 21.82 | 5.36 | 7.86 | 3.19 | -14.02 | 38.7 | 67.42 | 18.86 | -14.7 |
| 20Q3 (7) | 2.29 | 46.79 | 30.86 | 4.39 | 60.81 | -16.7 | 39.72 | -31.97 | -23.51 | 20.71 | -37.98 | 19.99 | 3.71 | -23.03 | 34.42 | 56.72 | -34.77 | -14.62 |
| 20Q2 (6) | 1.56 | -27.78 | -32.17 | 2.73 | -39.87 | -48.2 | 58.39 | 38.5 | 47.34 | 33.39 | 66.62 | 93.45 | 4.82 | 149.74 | 78.52 | 86.96 | 44.28 | 60.47 |
| 20Q1 (5) | 2.16 | 44.97 | 7.46 | 4.54 | 0.89 | 44.13 | 42.16 | -31.02 | -6.85 | 20.04 | -0.94 | -30.68 | 1.93 | -16.09 | -50.77 | 60.27 | -23.75 | -14.21 |
| 19Q4 (4) | 1.49 | -14.86 | 0.0 | 4.50 | -14.61 | 0.0 | 61.12 | 17.7 | 0.0 | 20.23 | 17.21 | 0.0 | 2.30 | -16.67 | 0.0 | 79.04 | 18.98 | 0.0 |
| 19Q3 (3) | 1.75 | -23.91 | 0.0 | 5.27 | 0.0 | 0.0 | 51.93 | 31.04 | 0.0 | 17.26 | 0.0 | 0.0 | 2.76 | 2.22 | 0.0 | 66.43 | 22.59 | 0.0 |
| 19Q2 (2) | 2.30 | 14.43 | 0.0 | 5.27 | 67.3 | 0.0 | 39.63 | -12.44 | 0.0 | 17.26 | -40.3 | 0.0 | 2.70 | -31.12 | 0.0 | 54.19 | -22.86 | 0.0 |
| 19Q1 (1) | 2.01 | 0.0 | 0.0 | 3.15 | 0.0 | 0.0 | 45.26 | 0.0 | 0.0 | 28.91 | 0.0 | 0.0 | 3.92 | 0.0 | 0.0 | 70.25 | 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) | 6.90 | 0.88 | 10.81 | -5.01 | 52.87 | -0.88 | 33.77 | 5.3 | 2.65 | 11.81 | 83.98 | 1.13 |
| 2022 (9) | 6.84 | -17.59 | 11.38 | -25.33 | 53.34 | 21.34 | 32.07 | 33.9 | 2.37 | 5.33 | 83.04 | 26.47 |
| 2021 (8) | 8.30 | -9.29 | 15.24 | -21.36 | 43.96 | 10.26 | 23.95 | 27.12 | 2.25 | 38.04 | 65.66 | 15.03 |
| 2020 (7) | 9.15 | 10.64 | 19.38 | 46.82 | 39.87 | -9.65 | 18.84 | -31.89 | 1.63 | -40.73 | 57.08 | -17.32 |
| 2019 (6) | 8.27 | -14.57 | 13.20 | -0.83 | 44.13 | 17.06 | 27.66 | 0.91 | 2.75 | -8.33 | 69.04 | 11.14 |
| 2018 (5) | 9.68 | 3.42 | 13.31 | -6.66 | 37.70 | -3.33 | 27.41 | 7.07 | 3.00 | 112.77 | 62.12 | -1.69 |
| 2017 (4) | 9.36 | 6.48 | 14.26 | 10.63 | 39.00 | -6.09 | 25.60 | -9.57 | 1.41 | -83.55 | 63.19 | 3.13 |
| 2016 (3) | 8.79 | -54.97 | 12.89 | -31.62 | 41.53 | 122.09 | 28.31 | 46.15 | 8.57 | -2.5 | 61.27 | 109.26 |
| 2015 (2) | 19.52 | 87.33 | 18.85 | 116.92 | 18.70 | -46.63 | 19.37 | -53.9 | 8.79 | -18.23 | 29.28 | -55.84 |
| 2014 (1) | 10.42 | 66.19 | 8.69 | -15.05 | 35.04 | -39.81 | 42.02 | 17.74 | 10.75 | 48.28 | 66.31 | -23.48 |
