- 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) | 1.33 | -32.83 | -3.62 | 0.38 | -20.83 | 22.58 | 68.25 | 48.69 | 3.68 | 237.84 | 25.51 | -19.27 | 74.06 | 2.92 | -25.16 | 232.03 | 41.96 | -11.26 |
| 23Q3 (19) | 1.98 | -25.0 | 43.48 | 0.48 | 60.0 | 26.32 | 45.90 | 32.93 | -30.21 | 189.50 | -37.78 | -20.09 | 71.96 | -29.1 | -4.32 | 163.45 | -31.21 | -28.22 |
| 23Q2 (18) | 2.64 | 84.62 | 172.16 | 0.30 | 50.0 | 3.45 | 34.53 | -45.89 | -63.17 | 304.55 | -34.58 | -3.25 | 101.49 | -28.65 | 30.84 | 237.59 | -38.62 | -28.22 |
| 23Q1 (17) | 1.43 | 3.62 | 95.89 | 0.20 | -35.48 | -16.67 | 63.82 | -3.05 | -48.8 | 465.53 | 58.01 | 22.8 | 142.24 | 43.73 | 61.05 | 387.10 | 48.04 | -6.82 |
| 22Q4 (16) | 1.38 | 0.0 | 4.55 | 0.31 | -18.42 | 0.0 | 65.83 | 0.09 | -4.18 | 294.62 | 24.23 | 1.12 | 98.96 | 31.58 | 23.28 | 261.48 | 14.83 | -6.54 |
| 22Q3 (15) | 1.38 | 42.27 | 51.65 | 0.38 | 31.03 | 80.95 | 65.77 | -29.85 | -34.54 | 237.15 | -24.66 | -45.42 | 75.21 | -3.04 | -49.74 | 227.72 | -31.2 | -40.9 |
| 22Q2 (14) | 0.97 | 32.88 | -9.35 | 0.29 | 20.83 | -36.96 | 93.76 | -24.78 | 10.03 | 314.78 | -16.96 | 58.92 | 77.57 | -12.17 | 20.3 | 330.98 | -20.33 | 51.26 |
| 22Q1 (13) | 0.73 | -44.7 | -19.78 | 0.24 | -22.58 | -11.11 | 124.65 | 81.44 | 24.51 | 379.09 | 30.11 | 14.21 | 88.32 | 10.03 | -14.58 | 415.42 | 48.48 | 26.41 |
| 21Q4 (12) | 1.32 | 45.05 | -38.03 | 0.31 | 47.62 | -46.55 | 68.70 | -31.62 | 60.89 | 291.36 | -32.94 | 84.77 | 80.27 | -46.35 | 38.71 | 279.79 | -27.39 | 96.3 |
| 21Q3 (11) | 0.91 | -14.95 | -59.91 | 0.21 | -54.35 | -60.38 | 100.47 | 17.91 | 150.55 | 434.48 | 119.35 | 155.05 | 149.63 | 132.06 | 119.11 | 385.31 | 76.09 | 171.04 |
| 21Q2 (10) | 1.07 | 17.58 | -16.41 | 0.46 | 70.37 | 4.55 | 85.21 | -14.88 | 19.69 | 198.08 | -40.32 | -5.27 | 64.48 | -37.63 | -29.57 | 218.81 | -33.42 | 15.94 |
| 21Q1 (9) | 0.91 | -57.28 | 65.45 | 0.27 | -53.45 | -18.18 | 100.11 | 134.45 | -39.97 | 331.91 | 110.48 | 20.09 | 103.39 | 78.66 | -21.3 | 328.63 | 130.57 | 5.41 |
| 20Q4 (8) | 2.13 | -6.17 | -18.39 | 0.58 | 9.43 | -38.95 | 42.70 | 6.48 | 22.45 | 157.69 | -7.43 | 63.94 | 57.87 | -15.26 | 4.2 | 142.53 | 0.26 | 88.73 |
| 20Q3 (7) | 2.27 | 77.34 | -12.69 | 0.53 | 20.45 | 1.92 | 40.10 | -43.67 | 14.47 | 170.35 | -18.53 | -3.25 | 68.29 | -25.41 | -35.71 | 142.16 | -24.68 | 35.56 |
| 20Q2 (6) | 1.28 | 132.73 | -30.05 | 0.44 | 33.33 | -13.73 | 71.19 | -57.31 | 42.89 | 209.09 | -24.35 | 17.09 | 91.55 | -30.31 | -7.29 | 188.73 | -39.46 | 45.58 |
| 20Q1 (5) | 0.55 | -78.93 | -65.84 | 0.33 | -65.26 | -35.29 | 166.76 | 378.23 | 194.99 | 276.38 | 187.33 | 54.97 | 131.37 | 136.53 | 43.73 | 311.77 | 312.83 | 117.31 |
| 19Q4 (4) | 2.61 | 0.38 | 0.0 | 0.95 | 82.69 | 0.0 | 34.87 | -0.46 | 0.0 | 96.19 | -45.37 | 0.0 | 55.54 | -47.72 | 0.0 | 75.52 | -27.99 | 0.0 |
| 19Q3 (3) | 2.60 | 42.08 | 0.0 | 0.52 | 1.96 | 0.0 | 35.03 | -29.69 | 0.0 | 176.07 | -1.4 | 0.0 | 106.23 | 7.57 | 0.0 | 104.87 | -19.11 | 0.0 |
| 19Q2 (2) | 1.83 | 13.66 | 0.0 | 0.51 | 0.0 | 0.0 | 49.82 | -11.87 | 0.0 | 178.57 | 0.13 | 0.0 | 98.75 | 8.04 | 0.0 | 129.64 | -9.64 | 0.0 |
| 19Q1 (1) | 1.61 | 0.0 | 0.0 | 0.51 | 0.0 | 0.0 | 56.53 | 0.0 | 0.0 | 178.34 | 0.0 | 0.0 | 91.40 | 0.0 | 0.0 | 143.47 | 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) | 7.31 | 21.83 | 1.59 | 26.19 | 49.95 | -17.87 | 229.52 | -20.88 | 62.68 | -25.49 | 216.80 | -18.74 |
| 2022 (9) | 6.00 | 36.05 | 1.26 | -0.79 | 60.82 | -26.54 | 290.10 | 1.13 | 84.12 | -5.88 | 266.79 | -4.81 |
| 2021 (8) | 4.41 | 27.83 | 1.27 | -34.54 | 82.79 | -21.79 | 286.85 | 52.07 | 89.38 | 3.07 | 280.26 | 34.9 |
| 2020 (7) | 3.45 | -50.5 | 1.94 | -40.12 | 105.85 | 102.16 | 188.63 | 67.55 | 86.72 | 47.56 | 207.76 | 95.7 |
| 2019 (6) | 6.97 | -18.38 | 3.24 | 36.13 | 52.36 | 22.57 | 112.58 | -26.68 | 58.77 | -15.58 | 106.16 | -16.18 |
| 2018 (5) | 8.54 | -19.36 | 2.38 | -24.44 | 42.72 | 23.93 | 153.55 | 32.51 | 69.62 | 59.75 | 126.65 | 18.62 |
| 2017 (4) | 10.59 | 24.44 | 3.15 | 34.62 | 34.47 | -19.61 | 115.88 | -25.67 | 43.58 | -41.77 | 106.77 | -13.85 |
| 2016 (3) | 8.51 | -6.79 | 2.34 | 5.88 | 42.88 | 7.23 | 155.89 | -5.6 | 74.84 | -16.39 | 123.93 | 7.2 |
| 2015 (2) | 9.13 | 78.32 | 2.21 | 7.8 | 39.99 | -43.95 | 165.13 | -7.22 | 89.51 | -4.12 | 115.61 | -25.87 |
| 2014 (1) | 5.12 | 37.27 | 2.05 | -3.76 | 71.35 | -27.0 | 177.98 | 3.66 | 93.36 | -16.9 | 155.96 | -0.72 |
