- 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) | 0.53 | -1.85 | -3.64 | 1.74 | 3.57 | 0.0 | 172.13 | 1.92 | 3.84 | 52.42 | -3.5 | 0.15 | 112.02 | -1.76 | -10.71 | 112.52 | 3.06 | 21.46 |
| 23Q3 (19) | 0.54 | 14.89 | -11.48 | 1.68 | 14.29 | -8.7 | 168.89 | -13.41 | 13.46 | 54.32 | -12.53 | 9.56 | 114.03 | -16.24 | 2.47 | 109.18 | -9.78 | 25.28 |
| 23Q2 (18) | 0.47 | 6.82 | -6.0 | 1.47 | 1.38 | -2.0 | 195.05 | -5.84 | 7.67 | 62.10 | -1.24 | 2.22 | 136.14 | -7.07 | 4.77 | 121.01 | -2.06 | 8.08 |
| 23Q1 (17) | 0.44 | -20.0 | -26.67 | 1.45 | -16.67 | -26.02 | 207.15 | 24.97 | 36.98 | 62.88 | 20.14 | 35.4 | 146.49 | 16.76 | 47.2 | 123.55 | 33.37 | 25.88 |
| 22Q4 (16) | 0.55 | -9.84 | -16.67 | 1.74 | -5.43 | -6.45 | 165.76 | 11.36 | 19.94 | 52.34 | 5.57 | 7.25 | 125.46 | 12.74 | 26.6 | 92.64 | 6.3 | 5.39 |
| 22Q3 (15) | 0.61 | 22.0 | 3.39 | 1.84 | 22.67 | 28.67 | 148.85 | -17.83 | -3.07 | 49.58 | -18.39 | -22.2 | 111.28 | -14.36 | -2.93 | 87.15 | -22.16 | -15.11 |
| 22Q2 (14) | 0.50 | -16.67 | -5.66 | 1.50 | -23.47 | 26.05 | 181.15 | 19.78 | 5.36 | 60.75 | 30.81 | -20.39 | 129.94 | 30.57 | -6.27 | 111.96 | 14.07 | 2.14 |
| 22Q1 (13) | 0.60 | -9.09 | -1.64 | 1.96 | 5.38 | 15.29 | 151.23 | 9.43 | 0.74 | 46.44 | -4.84 | -13.28 | 99.52 | 0.42 | -4.47 | 98.15 | 11.66 | -1.36 |
| 21Q4 (12) | 0.66 | 11.86 | -5.71 | 1.86 | 30.07 | 6.9 | 138.20 | -10.01 | 5.85 | 48.80 | -23.43 | -6.75 | 99.10 | -13.56 | 4.81 | 87.90 | -14.38 | -0.49 |
| 21Q3 (11) | 0.59 | 11.32 | 15.69 | 1.43 | 20.17 | 0.7 | 153.57 | -10.68 | -14.61 | 63.73 | -16.49 | -0.28 | 114.64 | -17.31 | -1.71 | 102.66 | -6.34 | -19.24 |
| 21Q2 (10) | 0.53 | -13.11 | -7.02 | 1.19 | -30.0 | -19.05 | 171.93 | 14.53 | 8.2 | 76.31 | 42.5 | 23.64 | 138.63 | 33.07 | 30.16 | 109.61 | 10.16 | -3.94 |
| 21Q1 (9) | 0.61 | -12.86 | 38.64 | 1.70 | -2.3 | 36.0 | 150.12 | 14.98 | -27.2 | 53.55 | 2.33 | -26.22 | 104.18 | 10.19 | -17.39 | 99.50 | 12.65 | -34.83 |
| 20Q4 (8) | 0.70 | 37.25 | 7.69 | 1.74 | 22.54 | -1.69 | 130.56 | -27.41 | -6.44 | 52.33 | -18.12 | 1.95 | 94.55 | -18.94 | 1.34 | 88.33 | -30.51 | -9.48 |
| 20Q3 (7) | 0.51 | -10.53 | -19.05 | 1.42 | -3.4 | -17.92 | 179.85 | 13.18 | 24.23 | 63.91 | 3.55 | 21.8 | 116.64 | 9.51 | 20.32 | 127.12 | 11.4 | 26.74 |
| 20Q2 (6) | 0.57 | 29.55 | -12.31 | 1.47 | 17.6 | -29.67 | 158.90 | -22.94 | 13.23 | 61.72 | -14.96 | 42.02 | 106.51 | -15.54 | 26.2 | 114.11 | -25.26 | 14.82 |
| 20Q1 (5) | 0.44 | -32.31 | -13.73 | 1.25 | -29.38 | -34.9 | 206.20 | 47.77 | 15.12 | 72.58 | 41.4 | 52.86 | 126.11 | 35.17 | 28.84 | 152.67 | 56.46 | 18.62 |
| 19Q4 (4) | 0.65 | 3.17 | 0.0 | 1.77 | 2.31 | 0.0 | 139.54 | -3.61 | 0.0 | 51.33 | -2.17 | 0.0 | 93.30 | -3.75 | 0.0 | 97.58 | -2.71 | 0.0 |
| 19Q3 (3) | 0.63 | -3.08 | 0.0 | 1.73 | -17.22 | 0.0 | 144.77 | 3.16 | 0.0 | 52.47 | 20.73 | 0.0 | 96.94 | 14.86 | 0.0 | 100.30 | 0.93 | 0.0 |
| 19Q2 (2) | 0.65 | 27.45 | 0.0 | 2.09 | 8.85 | 0.0 | 140.33 | -21.65 | 0.0 | 43.46 | -8.47 | 0.0 | 84.40 | -13.77 | 0.0 | 99.38 | -22.78 | 0.0 |
| 19Q1 (1) | 0.51 | 0.0 | 0.0 | 1.92 | 0.0 | 0.0 | 179.11 | 0.0 | 0.0 | 47.48 | 0.0 | 0.0 | 97.88 | 0.0 | 0.0 | 128.70 | 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) | 1.91 | -19.75 | 6.92 | -16.73 | 191.16 | 24.7 | 52.76 | 20.18 | 123.64 | 21.66 | 120.28 | 25.86 |
| 2022 (9) | 2.38 | 2.59 | 8.31 | 17.37 | 153.30 | -2.41 | 43.90 | -14.86 | 101.63 | -1.81 | 95.57 | -9.11 |
| 2021 (8) | 2.32 | 19.59 | 7.08 | 28.49 | 157.09 | -16.42 | 51.56 | -22.21 | 103.50 | -18.83 | 105.15 | -17.02 |
| 2020 (7) | 1.94 | -16.02 | 5.51 | -35.48 | 187.95 | 18.9 | 66.28 | 55.11 | 127.51 | 40.01 | 126.72 | 15.46 |
| 2019 (6) | 2.31 | -11.49 | 8.54 | -5.01 | 158.08 | 13.13 | 42.73 | 5.3 | 91.07 | 17.33 | 109.75 | 6.88 |
| 2018 (5) | 2.61 | 1.95 | 8.99 | 23.32 | 139.73 | -2.18 | 40.58 | -18.92 | 77.62 | -20.33 | 102.69 | 7.57 |
| 2017 (4) | 2.56 | -25.58 | 7.29 | -26.06 | 142.84 | 34.68 | 50.05 | 35.2 | 97.43 | 36.19 | 95.46 | 33.44 |
| 2016 (3) | 3.44 | 8.18 | 9.86 | 24.65 | 106.06 | -7.71 | 37.02 | -19.77 | 71.54 | 11.97 | 71.54 | -26.38 |
| 2015 (2) | 3.18 | -15.87 | 7.91 | -10.72 | 114.92 | 19.03 | 46.14 | 11.96 | 63.89 | 8.88 | 97.17 | 22.88 |
| 2014 (1) | 3.78 | 2.72 | 8.86 | 9.11 | 96.55 | -2.58 | 41.21 | -8.28 | 58.68 | -5.11 | 79.08 | -3.8 |
