- 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) | 2.51 | 9.61 | 2.87 | 1.30 | -11.56 | -17.2 | 36.20 | -8.84 | -2.95 | 70.16 | 13.51 | 21.26 | 61.39 | 8.06 | 51.58 | 44.97 | 0.58 | -17.73 |
| 23Q3 (19) | 2.29 | 3.62 | 13.37 | 1.47 | -0.68 | 2.8 | 39.71 | -3.41 | -11.79 | 61.81 | 0.62 | -3.06 | 56.81 | 12.54 | 56.5 | 44.71 | -14.1 | -38.32 |
| 23Q2 (18) | 2.21 | -14.67 | 33.94 | 1.48 | -15.91 | 43.69 | 41.11 | 16.92 | -25.63 | 61.43 | 18.5 | -30.71 | 50.48 | 22.23 | 11.31 | 52.05 | 13.87 | -47.21 |
| 23Q1 (17) | 2.59 | 6.15 | 51.46 | 1.76 | 12.1 | 66.04 | 35.16 | -5.74 | -34.01 | 51.84 | -10.4 | -39.48 | 41.30 | 1.98 | -12.68 | 45.71 | -16.37 | -50.11 |
| 22Q4 (16) | 2.44 | 20.79 | 45.24 | 1.57 | 9.79 | 28.69 | 37.30 | -17.15 | -31.07 | 57.86 | -9.25 | -22.62 | 40.50 | 11.57 | 5.41 | 54.66 | -24.6 | -39.57 |
| 22Q3 (15) | 2.02 | 22.42 | 10.99 | 1.43 | 38.83 | 47.42 | 45.02 | -18.56 | -10.18 | 63.76 | -28.08 | -31.79 | 36.30 | -19.96 | -5.59 | 72.49 | -26.48 | -31.05 |
| 22Q2 (14) | 1.65 | -3.51 | -19.12 | 1.03 | -2.83 | 11.96 | 55.28 | 3.75 | 23.7 | 88.66 | 3.5 | -10.31 | 45.35 | -4.12 | -6.61 | 98.60 | 7.61 | 3.81 |
| 22Q1 (13) | 1.71 | 1.79 | -19.72 | 1.06 | -13.11 | -16.54 | 53.28 | -1.53 | 24.57 | 85.66 | 14.56 | 19.3 | 47.30 | 23.11 | -4.29 | 91.63 | 1.3 | 40.67 |
| 21Q4 (12) | 1.68 | -7.69 | -23.98 | 1.22 | 25.77 | -35.45 | 54.11 | 7.96 | 31.49 | 74.77 | -20.01 | 55.38 | 38.42 | -0.08 | 4.4 | 90.45 | -13.97 | 72.38 |
| 21Q3 (11) | 1.82 | -10.78 | -12.08 | 0.97 | 5.43 | -34.01 | 50.12 | 12.15 | 14.06 | 93.47 | -5.44 | 51.1 | 38.45 | -20.82 | 7.67 | 105.14 | 10.7 | 50.01 |
| 21Q2 (10) | 2.04 | -4.23 | 10.87 | 0.92 | -27.56 | -11.54 | 44.69 | 4.49 | -9.83 | 98.85 | 37.67 | 13.23 | 48.56 | -1.74 | -9.84 | 94.98 | 45.81 | 14.43 |
| 21Q1 (9) | 2.13 | -3.62 | 2.9 | 1.27 | -32.8 | 0.79 | 42.77 | 3.94 | -2.84 | 71.80 | 49.21 | -0.61 | 49.42 | 34.29 | -14.85 | 65.14 | 24.15 | 11.89 |
| 20Q4 (8) | 2.21 | 6.76 | 14.51 | 1.89 | 28.57 | 9.88 | 41.15 | -6.35 | -12.67 | 48.12 | -22.21 | -8.93 | 36.80 | 3.05 | -31.79 | 52.47 | -25.14 | 14.04 |
| 20Q3 (7) | 2.07 | 12.5 | 15.0 | 1.47 | 41.35 | -20.54 | 43.94 | -11.34 | -12.89 | 61.86 | -29.14 | 25.55 | 35.71 | -33.7 | -33.6 | 70.09 | -15.55 | 52.57 |
| 20Q2 (6) | 1.84 | -11.11 | 0.55 | 1.04 | -17.46 | -44.68 | 49.56 | 12.59 | -0.12 | 87.30 | 20.85 | 80.75 | 53.86 | -7.2 | 13.29 | 83.00 | 42.56 | 64.72 |
| 20Q1 (5) | 2.07 | 7.25 | 16.29 | 1.26 | -26.74 | -18.71 | 44.02 | -6.58 | -14.07 | 72.24 | 36.71 | 23.21 | 58.04 | 7.58 | 19.03 | 58.22 | 26.54 | -4.71 |
| 19Q4 (4) | 1.93 | 7.22 | 0.0 | 1.72 | -7.03 | 0.0 | 47.12 | -6.58 | 0.0 | 52.84 | 7.25 | 0.0 | 53.95 | 0.32 | 0.0 | 46.01 | 0.15 | 0.0 |
| 19Q3 (3) | 1.80 | -1.64 | 0.0 | 1.85 | -1.6 | 0.0 | 50.44 | 1.65 | 0.0 | 49.27 | 2.01 | 0.0 | 53.78 | 13.13 | 0.0 | 45.94 | -8.83 | 0.0 |
| 19Q2 (2) | 1.83 | 2.81 | 0.0 | 1.88 | 21.29 | 0.0 | 49.62 | -3.14 | 0.0 | 48.30 | -17.62 | 0.0 | 47.54 | -2.5 | 0.0 | 50.39 | -17.53 | 0.0 |
| 19Q1 (1) | 1.78 | 0.0 | 0.0 | 1.55 | 0.0 | 0.0 | 51.23 | 0.0 | 0.0 | 58.63 | 0.0 | 0.0 | 48.76 | 0.0 | 0.0 | 61.10 | 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) | 10.09 | 18.99 | 4.79 | -17.7 | 36.17 | -15.92 | 76.27 | 21.66 | 58.05 | 42.28 | 54.39 | -16.21 |
| 2022 (9) | 8.48 | 5.87 | 5.82 | -8.06 | 43.02 | -5.55 | 62.69 | 8.72 | 40.80 | 2.18 | 64.91 | 2.56 |
| 2021 (8) | 8.01 | -2.91 | 6.33 | -8.92 | 45.55 | 2.96 | 57.66 | 9.83 | 39.93 | -19.46 | 63.29 | 34.2 |
| 2020 (7) | 8.25 | 14.58 | 6.95 | 21.5 | 44.24 | -12.72 | 52.50 | -17.8 | 49.58 | -12.0 | 47.16 | -18.98 |
| 2019 (6) | 7.20 | -5.88 | 5.72 | -1.55 | 50.69 | 6.2 | 63.87 | 1.66 | 56.34 | 22.77 | 58.21 | -9.99 |
| 2018 (5) | 7.65 | -13.07 | 5.81 | -3.97 | 47.73 | 15.12 | 62.83 | 4.06 | 45.89 | 13.11 | 64.67 | 5.57 |
| 2017 (4) | 8.80 | 13.11 | 6.05 | 5.22 | 41.46 | -11.64 | 60.38 | -4.9 | 40.57 | -14.79 | 61.26 | -2.45 |
| 2016 (3) | 7.78 | -7.71 | 5.75 | -10.71 | 46.92 | 8.36 | 63.49 | 11.98 | 47.61 | 24.05 | 62.80 | 1.91 |
| 2015 (2) | 8.43 | -26.63 | 6.44 | -7.47 | 43.30 | 36.34 | 56.70 | 8.19 | 38.38 | 23.93 | 61.62 | 15.83 |
| 2014 (1) | 11.49 | -12.82 | 6.96 | -16.04 | 31.76 | 14.66 | 52.41 | 19.09 | 30.97 | 8.78 | 53.20 | 23.06 |
