- 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) | 0.78 | -6.02 | 20.0 | 0.77 | -8.33 | 54.0 | 116.23 | 5.6 | -17.43 | 118.35 | 9.31 | -34.79 | 1.67 | -90.44 | -98.08 | 232.92 | 15.96 | -0.93 |
| 23Q3 (19) | 0.83 | 6.41 | 20.29 | 0.84 | 47.37 | 35.48 | 110.07 | -5.83 | -16.42 | 108.27 | -32.74 | -26.5 | 17.46 | -60.26 | -84.0 | 200.87 | -14.13 | 18.24 |
| 23Q2 (18) | 0.78 | -12.36 | 27.87 | 0.57 | 5.56 | -35.96 | 116.89 | 14.41 | -21.24 | 160.97 | -3.92 | 57.26 | 43.94 | -6.91 | -41.31 | 233.92 | 5.13 | 32.98 |
| 23Q1 (17) | 0.89 | 36.92 | 21.92 | 0.54 | 8.0 | -52.63 | 102.17 | -27.42 | -17.6 | 167.53 | -7.7 | 110.04 | 47.20 | -45.84 | -23.0 | 222.50 | -5.36 | 56.18 |
| 22Q4 (16) | 0.65 | -5.8 | -35.0 | 0.50 | -19.35 | -54.95 | 140.76 | 6.88 | 55.24 | 181.50 | 23.21 | 121.67 | 87.15 | -20.14 | 6.14 | 235.11 | 38.4 | 159.96 |
| 22Q3 (15) | 0.69 | 13.11 | -26.6 | 0.62 | -30.34 | -48.76 | 131.70 | -11.27 | 36.5 | 147.31 | 43.91 | 96.54 | 109.13 | 45.76 | 13.65 | 169.88 | -3.43 | 125.25 |
| 22Q2 (14) | 0.61 | -16.44 | -22.78 | 0.89 | -21.93 | -50.28 | 148.42 | 19.7 | 29.52 | 102.36 | 28.34 | 101.69 | 74.87 | 22.14 | -11.51 | 175.91 | 23.48 | 117.9 |
| 22Q1 (13) | 0.73 | -27.0 | -18.89 | 1.14 | 2.7 | -46.48 | 123.99 | 36.75 | 22.19 | 79.76 | -2.59 | 86.53 | 61.30 | -25.34 | 0.51 | 142.46 | 57.52 | 71.16 |
| 21Q4 (12) | 1.00 | 6.38 | -5.66 | 1.11 | -8.26 | -34.71 | 90.67 | -6.02 | 5.92 | 81.88 | 9.25 | 52.59 | 82.11 | -14.49 | 104.36 | 90.44 | 19.92 | -8.72 |
| 21Q3 (11) | 0.94 | 18.99 | 25.33 | 1.21 | -32.4 | 22.22 | 96.48 | -15.8 | -20.61 | 74.95 | 47.68 | -18.31 | 96.02 | 13.49 | 58.11 | 75.42 | -6.58 | -50.56 |
| 21Q2 (10) | 0.79 | -12.22 | 49.06 | 1.79 | -15.96 | 108.14 | 114.59 | 12.93 | -33.16 | 50.75 | 18.69 | -51.82 | 84.61 | 38.73 | -3.56 | 80.73 | -3.0 | -57.29 |
| 21Q1 (9) | 0.90 | -15.09 | 25.0 | 2.13 | 25.29 | 62.6 | 101.47 | 18.54 | -19.91 | 42.76 | -20.31 | -38.47 | 60.99 | 51.79 | 17.81 | 83.23 | -16.0 | -42.37 |
| 20Q4 (8) | 1.06 | 41.33 | 51.43 | 1.70 | 71.72 | 51.79 | 85.60 | -29.56 | -34.37 | 53.66 | -41.51 | -33.72 | 40.18 | -33.84 | -36.03 | 99.08 | -35.05 | -33.31 |
| 20Q3 (7) | 0.75 | 41.51 | -3.85 | 0.99 | 15.12 | -4.81 | 121.53 | -29.11 | 4.35 | 91.75 | -12.89 | 5.04 | 60.73 | -30.78 | -27.88 | 152.55 | -19.3 | 27.54 |
| 20Q2 (6) | 0.53 | -26.39 | -36.9 | 0.86 | -34.35 | -18.1 | 171.44 | 35.31 | 58.92 | 105.33 | 51.58 | 21.83 | 87.73 | 69.46 | 15.63 | 189.04 | 30.91 | 59.57 |
| 20Q1 (5) | 0.72 | 2.86 | 7.46 | 1.31 | 16.96 | 47.19 | 126.70 | -2.85 | -6.39 | 69.49 | -14.17 | -31.82 | 51.77 | -17.58 | -13.92 | 144.41 | -2.8 | -18.47 |
| 19Q4 (4) | 0.70 | -10.26 | 0.0 | 1.12 | 7.69 | 0.0 | 130.42 | 11.99 | 0.0 | 80.96 | -7.32 | 0.0 | 62.81 | -25.41 | 0.0 | 148.57 | 24.21 | 0.0 |
| 19Q3 (3) | 0.78 | -7.14 | 0.0 | 1.04 | -0.95 | 0.0 | 116.46 | 7.95 | 0.0 | 87.35 | 1.03 | 0.0 | 84.21 | 10.99 | 0.0 | 119.61 | 0.96 | 0.0 |
| 19Q2 (2) | 0.84 | 25.37 | 0.0 | 1.05 | 17.98 | 0.0 | 107.88 | -20.3 | 0.0 | 86.46 | -15.17 | 0.0 | 75.87 | 26.16 | 0.0 | 118.47 | -33.11 | 0.0 |
| 19Q1 (1) | 0.67 | 0.0 | 0.0 | 0.89 | 0.0 | 0.0 | 135.35 | 0.0 | 0.0 | 101.92 | 0.0 | 0.0 | 60.14 | 0.0 | 0.0 | 177.12 | 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) | 3.89 | 31.42 | 2.85 | -5.0 | 93.83 | -23.85 | 128.00 | 5.22 | 25.51 | -64.66 | 196.32 | 13.69 |
| 2022 (9) | 2.96 | -19.13 | 3.00 | -48.63 | 123.21 | 23.58 | 121.65 | 94.61 | 72.18 | 16.16 | 172.68 | 72.56 |
| 2021 (8) | 3.66 | 57.08 | 5.84 | 19.67 | 99.70 | -36.4 | 62.51 | -16.44 | 62.14 | 6.9 | 100.07 | -42.3 |
| 2020 (7) | 2.33 | -20.21 | 4.88 | 5.86 | 156.76 | 25.5 | 74.81 | -5.57 | 58.13 | 29.12 | 173.44 | 9.01 |
| 2019 (6) | 2.92 | -5.5 | 4.61 | -4.55 | 124.91 | 5.87 | 79.22 | 4.77 | 45.02 | -23.81 | 159.11 | 18.31 |
| 2018 (5) | 3.09 | -10.43 | 4.83 | -20.82 | 117.98 | 11.54 | 75.61 | 26.42 | 59.09 | -24.57 | 134.49 | 54.18 |
| 2017 (4) | 3.45 | 6.48 | 6.10 | 6.64 | 105.77 | -6.06 | 59.81 | -6.2 | 78.34 | -13.75 | 87.23 | 2.01 |
| 2016 (3) | 3.24 | -5.54 | 5.72 | 15.79 | 112.59 | 5.67 | 63.76 | -13.69 | 90.83 | 6.38 | 85.51 | -10.03 |
| 2015 (2) | 3.43 | 4.26 | 4.94 | 3.78 | 106.55 | -3.91 | 73.87 | -3.74 | 85.38 | 16.81 | 95.04 | -17.02 |
| 2014 (1) | 3.29 | -7.58 | 4.76 | 23.64 | 110.89 | 8.04 | 76.74 | -19.13 | 73.09 | 19.55 | 114.54 | -16.03 |
