- 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) | 0.77 | -7.23 | -10.47 | 0.76 | -2.56 | 15.15 | 117.88 | 7.73 | 11.33 | 119.51 | 2.39 | -12.91 | 77.99 | 11.94 | -0.23 | 159.40 | 1.87 | -3.36 |
| 23Q3 (19) | 0.83 | -8.79 | -8.79 | 0.78 | 8.33 | 8.33 | 109.42 | 9.77 | 9.02 | 116.72 | -7.54 | -7.77 | 69.67 | 5.96 | -14.29 | 156.47 | -2.32 | 7.44 |
| 23Q2 (18) | 0.91 | 9.64 | -4.21 | 0.72 | 20.0 | 0.0 | 99.68 | -8.86 | 4.22 | 126.24 | -16.97 | 0.44 | 65.75 | -12.81 | -23.5 | 160.18 | -13.88 | 18.33 |
| 23Q1 (17) | 0.83 | -3.49 | -10.75 | 0.60 | -9.09 | -15.49 | 109.37 | 3.3 | 12.09 | 152.05 | 10.8 | 18.74 | 75.41 | -3.53 | -21.42 | 186.00 | 12.77 | 43.47 |
| 22Q4 (16) | 0.86 | -5.49 | -14.0 | 0.66 | -8.33 | -15.38 | 105.88 | 5.49 | 16.58 | 137.23 | 8.43 | 17.6 | 78.17 | -3.84 | -15.56 | 164.94 | 13.25 | 43.53 |
| 22Q3 (15) | 0.91 | -4.21 | -2.15 | 0.72 | 0.0 | -13.25 | 100.37 | 4.95 | 2.27 | 126.56 | 0.69 | 15.61 | 81.29 | -5.42 | -19.75 | 145.64 | 7.59 | 37.0 |
| 22Q2 (14) | 0.95 | 2.15 | -9.52 | 0.72 | 1.41 | -33.33 | 95.64 | -1.98 | 10.25 | 125.69 | -1.84 | 48.62 | 85.95 | -10.44 | -5.88 | 135.37 | 4.42 | 69.21 |
| 22Q1 (13) | 0.93 | -7.0 | 4.49 | 0.71 | -8.97 | -32.38 | 97.57 | 7.43 | -4.21 | 128.05 | 9.74 | 47.8 | 95.97 | 3.66 | -3.98 | 129.64 | 12.81 | 46.4 |
| 21Q4 (12) | 1.00 | 7.53 | 7.53 | 0.78 | -6.02 | -40.0 | 90.82 | -7.46 | -6.86 | 116.69 | 6.6 | 66.39 | 92.58 | -8.61 | 3.12 | 114.92 | 8.1 | 47.6 |
| 21Q3 (11) | 0.93 | -11.43 | 1.09 | 0.83 | -23.15 | -40.29 | 98.14 | 13.13 | -0.25 | 109.47 | 29.44 | 67.64 | 101.30 | 10.93 | 18.42 | 106.31 | 32.89 | 36.03 |
| 21Q2 (10) | 1.05 | 17.98 | 3.96 | 1.08 | 2.86 | -25.52 | 86.75 | -14.83 | -3.43 | 84.57 | -2.39 | 34.84 | 91.32 | -8.63 | 19.84 | 80.00 | -9.66 | 4.78 |
| 21Q1 (9) | 0.89 | -4.3 | 17.11 | 1.05 | -19.23 | -6.25 | 101.86 | 4.46 | -14.6 | 86.64 | 23.54 | 6.74 | 99.95 | 11.33 | 1.53 | 88.55 | 13.73 | -13.19 |
| 20Q4 (8) | 0.93 | 1.09 | 6.9 | 1.30 | -6.47 | -7.8 | 97.51 | -0.89 | -6.85 | 70.13 | 7.4 | 8.33 | 89.78 | 4.96 | 5.2 | 77.86 | -0.37 | -7.41 |
| 20Q3 (7) | 0.92 | -8.91 | 10.84 | 1.39 | -4.14 | -1.42 | 98.39 | 9.53 | -10.37 | 65.30 | 4.11 | 0.91 | 85.54 | 12.26 | -2.72 | 78.15 | 2.36 | -9.72 |
| 20Q2 (6) | 1.01 | 32.89 | 9.78 | 1.45 | 29.46 | -5.23 | 89.83 | -24.68 | -9.4 | 62.72 | -22.73 | 5.55 | 76.20 | -22.59 | -7.43 | 76.35 | -25.15 | 0.13 |
| 20Q1 (5) | 0.76 | -12.64 | 8.57 | 1.12 | -20.57 | -13.18 | 119.27 | 13.94 | -8.89 | 81.17 | 25.38 | 15.4 | 98.44 | 15.35 | -9.38 | 102.00 | 21.3 | 10.13 |
| 19Q4 (4) | 0.87 | 4.82 | 0.0 | 1.41 | 0.0 | 0.0 | 104.68 | -4.64 | 0.0 | 64.74 | 0.05 | 0.0 | 85.34 | -2.95 | 0.0 | 84.09 | -2.85 | 0.0 |
| 19Q3 (3) | 0.83 | -9.78 | 0.0 | 1.41 | -7.84 | 0.0 | 109.77 | 10.71 | 0.0 | 64.71 | 8.9 | 0.0 | 87.93 | 6.81 | 0.0 | 86.56 | 13.52 | 0.0 |
| 19Q2 (2) | 0.92 | 31.43 | 0.0 | 1.53 | 18.6 | 0.0 | 99.15 | -24.26 | 0.0 | 59.42 | -15.52 | 0.0 | 82.32 | -24.22 | 0.0 | 76.25 | -17.67 | 0.0 |
| 19Q1 (1) | 0.70 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 130.91 | 0.0 | 0.0 | 70.34 | 0.0 | 0.0 | 108.63 | 0.0 | 0.0 | 92.62 | 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) | 3.53 | -9.02 | 2.95 | 1.37 | 103.55 | 10.07 | 123.65 | -1.25 | 70.40 | -12.76 | 156.80 | 13.13 |
| 2022 (9) | 3.88 | 1.84 | 2.91 | -19.83 | 94.08 | -1.75 | 125.22 | 24.57 | 80.70 | -13.89 | 138.60 | 35.15 |
| 2021 (8) | 3.81 | 7.93 | 3.63 | -27.69 | 95.76 | -7.51 | 100.52 | 38.23 | 93.72 | 3.24 | 102.55 | 19.98 |
| 2020 (7) | 3.53 | 14.61 | 5.02 | -9.87 | 103.53 | -12.68 | 72.72 | 10.9 | 90.78 | -5.06 | 85.47 | -3.43 |
| 2019 (6) | 3.08 | -6.95 | 5.57 | -18.8 | 118.57 | 7.38 | 65.57 | 23.25 | 95.62 | 4.45 | 88.51 | 22.81 |
| 2018 (5) | 3.31 | 4.09 | 6.86 | -2.7 | 110.42 | -3.78 | 53.20 | 2.74 | 91.55 | -2.96 | 72.07 | -0.17 |
| 2017 (4) | 3.18 | -13.35 | 7.05 | 4.75 | 114.76 | 15.45 | 51.78 | -4.52 | 94.34 | 5.73 | 72.19 | 12.1 |
| 2016 (3) | 3.67 | -9.38 | 6.73 | 12.17 | 99.40 | 10.38 | 54.23 | -10.81 | 89.23 | -4.72 | 64.40 | 12.59 |
| 2015 (2) | 4.05 | -8.58 | 6.00 | 3.09 | 90.05 | 9.23 | 60.80 | -3.06 | 93.65 | -3.06 | 57.20 | 17.82 |
| 2014 (1) | 4.43 | 1.84 | 5.82 | 1.04 | 82.44 | -1.8 | 62.72 | -0.93 | 96.61 | 0.3 | 48.55 | -4.69 |
