- 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) | 0.80 | -13.98 | 23.08 | 3.23 | -12.7 | -3.58 | 113.92 | 16.09 | -19.06 | 28.17 | 14.47 | 3.57 | 22.32 | -7.12 | -26.04 | 119.78 | 21.33 | -13.06 |
| 23Q3 (19) | 0.93 | 0.0 | 20.78 | 3.70 | -1.33 | -1.86 | 98.13 | -0.06 | -16.74 | 24.61 | 1.28 | 1.9 | 24.03 | -0.58 | -17.99 | 98.72 | 0.42 | -12.41 |
| 23Q2 (18) | 0.93 | 22.37 | 17.72 | 3.75 | 21.75 | -9.42 | 98.19 | -17.85 | -14.62 | 24.30 | -17.66 | 10.45 | 24.17 | -20.86 | -20.78 | 98.31 | -17.03 | -7.69 |
| 23Q1 (17) | 0.76 | 16.92 | 13.43 | 3.08 | -8.06 | -27.36 | 119.53 | -15.08 | -11.98 | 29.51 | 8.49 | 37.51 | 30.54 | 1.19 | -8.15 | 118.49 | -13.99 | -4.44 |
| 22Q4 (16) | 0.65 | -15.58 | -22.62 | 3.35 | -11.14 | -50.81 | 140.75 | 19.42 | 30.06 | 27.20 | 12.63 | 103.44 | 30.18 | 3.0 | -1.47 | 137.77 | 22.23 | 51.48 |
| 22Q3 (15) | 0.77 | -2.53 | -6.1 | 3.77 | -8.94 | -65.94 | 117.86 | 2.48 | 6.51 | 24.15 | 9.77 | 193.8 | 29.30 | -3.97 | -4.47 | 112.71 | 5.83 | 27.77 |
| 22Q2 (14) | 0.79 | 17.91 | 17.91 | 4.14 | -2.36 | -66.31 | 115.01 | -15.31 | -15.61 | 22.00 | 2.52 | 197.3 | 30.51 | -8.24 | -18.05 | 106.50 | -14.11 | 0.05 |
| 22Q1 (13) | 0.67 | -20.24 | -5.63 | 4.24 | -37.74 | -74.05 | 135.80 | 25.49 | 6.04 | 21.46 | 60.51 | 285.28 | 33.25 | 8.55 | -15.59 | 124.00 | 36.34 | 31.56 |
| 21Q4 (12) | 0.84 | 2.44 | -5.62 | 6.81 | -38.48 | -66.93 | 108.22 | -2.2 | 5.88 | 13.37 | 62.65 | 202.49 | 30.63 | -0.13 | -5.55 | 90.95 | 3.11 | 22.57 |
| 21Q3 (11) | 0.82 | 22.39 | 3.8 | 11.07 | -9.93 | -15.56 | 110.66 | -18.8 | -3.36 | 8.22 | 11.08 | 18.44 | 30.67 | -17.62 | -16.36 | 88.21 | -17.13 | 4.03 |
| 21Q2 (10) | 0.67 | -5.63 | -1.47 | 12.29 | -24.79 | 33.3 | 136.28 | 6.41 | 2.14 | 7.40 | 32.85 | -25.03 | 37.23 | -5.48 | -22.52 | 106.45 | 12.94 | 11.76 |
| 21Q1 (9) | 0.71 | -20.22 | 16.39 | 16.34 | -20.64 | 89.56 | 128.07 | 25.3 | -13.58 | 5.57 | 26.02 | -47.25 | 39.39 | 21.46 | -30.48 | 94.25 | 27.02 | -7.68 |
| 20Q4 (8) | 0.89 | 12.66 | 23.61 | 20.59 | 57.06 | 98.36 | 102.21 | -10.74 | -19.65 | 4.42 | -36.31 | -49.6 | 32.43 | -11.56 | -20.3 | 74.20 | -12.49 | -22.12 |
| 20Q3 (7) | 0.79 | 16.18 | -8.14 | 13.11 | 42.19 | 42.97 | 114.51 | -14.17 | 7.62 | 6.94 | -29.69 | -30.04 | 36.67 | -23.68 | 5.71 | 84.79 | -10.98 | 3.87 |
| 20Q2 (6) | 0.68 | 11.48 | 21.43 | 9.22 | 6.96 | 40.33 | 133.42 | -9.97 | -18.17 | 9.87 | -6.53 | -28.79 | 48.05 | -15.2 | 32.3 | 95.25 | -6.7 | -32.24 |
| 20Q1 (5) | 0.61 | -15.28 | 32.61 | 8.62 | -16.96 | 59.63 | 148.20 | 16.51 | -24.75 | 10.56 | 20.41 | -37.33 | 56.66 | 39.25 | 30.22 | 102.09 | 7.15 | -40.05 |
| 19Q4 (4) | 0.72 | -16.28 | 0.0 | 10.38 | 13.2 | 0.0 | 127.20 | 19.55 | 0.0 | 8.77 | -11.59 | 0.0 | 40.69 | 17.3 | 0.0 | 95.28 | 16.72 | 0.0 |
| 19Q3 (3) | 0.86 | 53.57 | 0.0 | 9.17 | 39.57 | 0.0 | 106.40 | -34.74 | 0.0 | 9.92 | -28.43 | 0.0 | 34.69 | -4.49 | 0.0 | 81.63 | -41.93 | 0.0 |
| 19Q2 (2) | 0.56 | 21.74 | 0.0 | 6.57 | 21.67 | 0.0 | 163.04 | -17.21 | 0.0 | 13.86 | -17.74 | 0.0 | 36.32 | -16.52 | 0.0 | 140.58 | -17.45 | 0.0 |
| 19Q1 (1) | 0.46 | 0.0 | 0.0 | 5.40 | 0.0 | 0.0 | 196.94 | 0.0 | 0.0 | 16.85 | 0.0 | 0.0 | 43.51 | 0.0 | 0.0 | 170.29 | 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) | 3.25 | 11.3 | 12.80 | -26.18 | 112.41 | -10.16 | 28.51 | 35.5 | 27.04 | -11.11 | 113.88 | -1.61 |
| 2022 (9) | 2.92 | 2.82 | 17.34 | -43.15 | 125.12 | -2.52 | 21.04 | 75.77 | 30.42 | -18.16 | 115.74 | 12.19 |
| 2021 (8) | 2.84 | 8.81 | 30.50 | -46.37 | 128.36 | -8.12 | 11.97 | 86.45 | 37.17 | -18.97 | 103.16 | 2.9 |
| 2020 (7) | 2.61 | 13.48 | 56.87 | 64.27 | 139.71 | -11.89 | 6.42 | -39.09 | 45.87 | 6.87 | 100.25 | -20.55 |
| 2019 (6) | 2.30 | -21.5 | 34.62 | -12.31 | 158.56 | 27.27 | 10.54 | 14.07 | 42.92 | 23.19 | 126.18 | 27.47 |
| 2018 (5) | 2.93 | 20.08 | 39.48 | 19.75 | 124.59 | -16.83 | 9.24 | -16.53 | 34.84 | -14.71 | 98.99 | -17.52 |
| 2017 (4) | 2.44 | -7.22 | 32.97 | 0.24 | 149.80 | 7.75 | 11.07 | -0.27 | 40.85 | 31.86 | 120.02 | 0.74 |
| 2016 (3) | 2.63 | 3.54 | 32.89 | 26.6 | 139.02 | -3.07 | 11.10 | -21.0 | 30.98 | 4.87 | 119.14 | -6.89 |
| 2015 (2) | 2.54 | -1.93 | 25.98 | 25.27 | 143.43 | 1.89 | 14.05 | -20.17 | 29.54 | 11.47 | 127.95 | -2.97 |
| 2014 (1) | 2.59 | -10.38 | 20.74 | 1.72 | 140.77 | 11.37 | 17.60 | -1.68 | 26.50 | 38.82 | 131.87 | 5.33 |
