- 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) | 10.64 | -6.99 | -10.66 | 0.24 | 4.35 | -11.11 | 8.55 | 7.41 | 11.91 | 373.92 | -6.72 | 11.74 | 40.72 | 3.64 | -17.08 | 341.76 | -7.51 | 16.58 |
| 23Q3 (19) | 11.44 | -25.23 | 18.8 | 0.23 | 0.0 | -11.54 | 7.96 | 33.78 | -15.77 | 400.85 | -0.41 | 15.19 | 39.29 | 17.35 | -22.21 | 369.52 | -1.46 | 20.39 |
| 23Q2 (18) | 15.30 | 10.87 | 123.36 | 0.23 | -4.17 | -28.12 | 5.95 | -9.71 | -55.2 | 402.52 | 7.49 | 41.15 | 33.48 | -12.77 | 3.56 | 374.99 | 9.43 | 40.9 |
| 23Q1 (17) | 13.80 | 15.87 | 89.82 | 0.24 | -11.11 | -25.0 | 6.59 | -13.74 | -47.32 | 374.47 | 11.91 | 30.96 | 38.38 | -21.85 | 9.1 | 342.68 | 16.89 | 30.16 |
| 22Q4 (16) | 11.91 | 23.68 | 31.17 | 0.27 | 3.85 | -12.9 | 7.64 | -19.15 | -23.83 | 334.63 | -3.84 | 14.11 | 49.11 | -2.77 | 24.36 | 293.16 | -4.49 | 11.13 |
| 22Q3 (15) | 9.63 | 40.58 | 10.82 | 0.26 | -18.75 | 18.18 | 9.45 | -28.84 | -9.74 | 347.99 | 22.02 | -17.27 | 50.51 | 56.23 | 24.01 | 306.93 | 15.33 | -21.37 |
| 22Q2 (14) | 6.85 | -5.78 | 12.66 | 0.32 | 0.0 | 52.38 | 13.28 | 6.16 | -11.23 | 285.18 | -0.27 | -32.75 | 32.33 | -8.1 | -0.58 | 266.13 | 1.09 | -34.53 |
| 22Q1 (13) | 7.27 | -19.93 | 22.8 | 0.32 | 3.23 | 23.08 | 12.51 | 24.73 | -18.61 | 285.94 | -2.49 | -18.94 | 35.18 | -10.91 | 19.25 | 263.27 | -0.2 | -22.25 |
| 21Q4 (12) | 9.08 | 4.49 | 14.94 | 0.31 | 40.91 | -16.22 | 10.03 | -4.2 | -12.93 | 293.25 | -30.28 | 20.19 | 39.49 | -3.04 | 56.64 | 263.79 | -32.43 | 14.55 |
| 21Q3 (11) | 8.69 | 42.93 | -12.93 | 0.22 | 4.76 | -18.52 | 10.47 | -30.01 | 14.8 | 420.63 | -0.81 | 22.49 | 40.73 | 25.25 | 23.42 | 390.37 | -3.97 | 22.18 |
| 21Q2 (10) | 6.08 | 2.7 | -48.26 | 0.21 | -19.23 | -8.7 | 14.96 | -2.67 | 93.03 | 424.08 | 20.23 | 6.47 | 32.52 | 10.24 | 49.04 | 406.51 | 20.06 | 5.8 |
| 21Q1 (9) | 5.92 | -25.06 | -17.43 | 0.26 | -29.73 | 36.84 | 15.37 | 33.42 | 21.12 | 352.73 | 44.57 | -25.09 | 29.50 | 17.02 | 4.06 | 338.60 | 47.03 | -25.62 |
| 20Q4 (8) | 7.90 | -20.84 | 4.22 | 0.37 | 37.04 | 54.17 | 11.52 | 26.32 | -4.0 | 243.98 | -28.95 | -35.02 | 25.21 | -23.61 | -29.32 | 230.29 | -27.92 | -34.54 |
| 20Q3 (7) | 9.98 | -15.06 | 24.28 | 0.27 | 17.39 | 50.0 | 9.12 | 17.68 | -19.51 | 343.39 | -13.79 | -30.26 | 33.00 | 51.24 | -34.51 | 319.51 | -16.85 | -29.52 |
| 20Q2 (6) | 11.75 | 63.88 | 29.83 | 0.23 | 21.05 | 35.29 | 7.75 | -38.93 | -22.96 | 398.31 | -15.41 | -27.57 | 21.82 | -23.03 | -53.45 | 384.24 | -15.59 | -25.12 |
| 20Q1 (5) | 7.17 | -5.41 | -23.32 | 0.19 | -20.83 | -5.0 | 12.69 | 5.75 | 30.42 | 470.85 | 25.41 | 2.13 | 28.35 | -20.52 | -8.61 | 455.20 | 29.4 | 3.51 |
| 19Q4 (4) | 7.58 | -5.6 | 0.0 | 0.24 | 33.33 | 0.0 | 12.00 | 5.91 | 0.0 | 375.45 | -23.75 | 0.0 | 35.67 | -29.21 | 0.0 | 351.78 | -22.4 | 0.0 |
| 19Q3 (3) | 8.03 | -11.27 | 0.0 | 0.18 | 5.88 | 0.0 | 11.33 | 12.62 | 0.0 | 492.39 | -10.47 | 0.0 | 50.39 | 7.51 | 0.0 | 453.32 | -11.66 | 0.0 |
| 19Q2 (2) | 9.05 | -3.21 | 0.0 | 0.17 | -15.0 | 0.0 | 10.06 | 3.39 | 0.0 | 549.96 | 19.29 | 0.0 | 46.87 | 51.1 | 0.0 | 513.15 | 16.69 | 0.0 |
| 19Q1 (1) | 9.35 | 0.0 | 0.0 | 0.20 | 0.0 | 0.0 | 9.73 | 0.0 | 0.0 | 461.04 | 0.0 | 0.0 | 31.02 | 0.0 | 0.0 | 439.75 | 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) | 46.27 | 37.95 | 0.95 | -18.8 | 7.89 | -27.48 | 384.26 | 23.05 | 46.89 | 10.43 | 345.26 | 23.0 |
| 2022 (9) | 33.54 | 67.7 | 1.17 | 14.71 | 10.88 | -40.38 | 312.27 | -12.66 | 42.46 | 6.95 | 280.70 | -16.48 |
| 2021 (8) | 20.00 | -8.88 | 1.02 | -3.77 | 18.25 | 9.74 | 357.54 | 3.39 | 39.70 | 44.1 | 336.10 | 0.36 |
| 2020 (7) | 21.95 | -23.12 | 1.06 | 30.86 | 16.63 | 30.13 | 345.82 | -23.71 | 27.55 | -12.15 | 334.90 | -22.96 |
| 2019 (6) | 28.55 | -21.18 | 0.81 | 12.5 | 12.78 | 26.79 | 453.30 | -11.11 | 31.36 | -0.13 | 434.72 | -11.03 |
| 2018 (5) | 36.22 | -9.74 | 0.72 | -5.26 | 10.08 | 10.89 | 509.96 | 5.6 | 31.40 | 21.47 | 488.64 | 4.82 |
| 2017 (4) | 40.13 | -7.83 | 0.76 | -20.83 | 9.09 | 8.47 | 482.93 | 27.26 | 25.85 | 18.09 | 466.18 | 27.38 |
| 2016 (3) | 43.54 | -12.9 | 0.96 | -17.95 | 8.38 | 14.79 | 379.48 | 21.75 | 21.89 | 36.13 | 365.97 | 20.81 |
| 2015 (2) | 49.99 | 2.86 | 1.17 | -11.36 | 7.30 | -2.8 | 311.70 | 12.82 | 16.08 | -5.69 | 302.92 | 13.57 |
| 2014 (1) | 48.60 | 14.79 | 1.32 | -14.84 | 7.51 | -12.88 | 276.27 | 17.63 | 17.05 | -23.54 | 266.73 | 20.59 |
