- 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) | 4.92 | 1.03 | 7.89 | 2.26 | 42.14 | 63.77 | 18.51 | -1.02 | -7.17 | 40.35 | -29.32 | -38.98 | 9.25 | -15.06 | 1.76 | 49.62 | -23.53 | -35.54 |
| 23Q3 (19) | 4.87 | -15.01 | 73.93 | 1.59 | -3.64 | 39.47 | 18.70 | 17.76 | -42.44 | 57.09 | 3.59 | -28.53 | 10.89 | -9.48 | 34.94 | 64.89 | 10.04 | -37.79 |
| 23Q2 (18) | 5.73 | -2.72 | 90.37 | 1.65 | -9.34 | 20.44 | 15.88 | 2.85 | -47.52 | 55.11 | 10.04 | -16.85 | 12.03 | 16.23 | -14.07 | 58.97 | 6.89 | -28.56 |
| 23Q1 (17) | 5.89 | 29.17 | 117.34 | 1.82 | 31.88 | 4.6 | 15.44 | -22.57 | -54.1 | 50.08 | -24.27 | -4.08 | 10.35 | 13.86 | -57.3 | 55.17 | -28.33 | -10.45 |
| 22Q4 (16) | 4.56 | 62.86 | 9.62 | 1.38 | 21.05 | -39.47 | 19.94 | -38.63 | -8.74 | 66.13 | -17.21 | 65.82 | 9.09 | 12.64 | -63.12 | 76.98 | -26.19 | 107.61 |
| 22Q3 (15) | 2.80 | -6.98 | -30.35 | 1.14 | -16.79 | -41.54 | 32.49 | 7.37 | 43.44 | 79.88 | 20.52 | 70.9 | 8.07 | -42.36 | -75.16 | 104.30 | 26.36 | 182.66 |
| 22Q2 (14) | 3.01 | 11.07 | -44.57 | 1.37 | -21.26 | -57.85 | 30.26 | -10.05 | 80.66 | 66.28 | 26.95 | 137.05 | 14.00 | -42.24 | -35.16 | 82.54 | 33.97 | 257.16 |
| 22Q1 (13) | 2.71 | -34.86 | -45.69 | 1.74 | -23.68 | -45.28 | 33.64 | 53.96 | 84.33 | 52.21 | 30.92 | 82.42 | 24.24 | -1.66 | 24.88 | 61.61 | 66.15 | 124.36 |
| 21Q4 (12) | 4.16 | 3.48 | -22.53 | 2.28 | 16.92 | -32.14 | 21.85 | -3.53 | 28.91 | 39.88 | -14.68 | 47.21 | 24.65 | -24.13 | 34.92 | 37.08 | 0.49 | 43.89 |
| 21Q3 (11) | 4.02 | -25.97 | -32.32 | 1.95 | -40.0 | -35.0 | 22.65 | 35.22 | 47.85 | 46.74 | 67.17 | 54.21 | 32.49 | 50.49 | 70.91 | 36.90 | 59.67 | 38.57 |
| 21Q2 (10) | 5.43 | 8.82 | 4.42 | 3.25 | 2.2 | 32.11 | 16.75 | -8.22 | -4.18 | 27.96 | -2.31 | -24.55 | 21.59 | 11.23 | -7.54 | 23.11 | -15.84 | -25.91 |
| 21Q1 (9) | 4.99 | -7.08 | 17.97 | 3.18 | -5.36 | 34.18 | 18.25 | 7.67 | -15.2 | 28.62 | 5.65 | -25.57 | 19.41 | 6.24 | -26.06 | 27.46 | 6.56 | -18.56 |
| 20Q4 (8) | 5.37 | -9.6 | 56.56 | 3.36 | 12.0 | 4.67 | 16.95 | 10.64 | -36.16 | 27.09 | -10.62 | -4.48 | 18.27 | -3.89 | -5.58 | 25.77 | -3.23 | -27.53 |
| 20Q3 (7) | 5.94 | 14.23 | 96.04 | 3.00 | 21.95 | -10.98 | 15.32 | -12.36 | -48.95 | 30.31 | -18.21 | 12.22 | 19.01 | -18.59 | -9.3 | 26.63 | -14.62 | -26.13 |
| 20Q2 (6) | 5.20 | 22.93 | 35.42 | 2.46 | 3.8 | -22.88 | 17.48 | -18.77 | -26.31 | 37.06 | -3.62 | 29.81 | 23.35 | -11.05 | 8.45 | 31.19 | -7.5 | 1.43 |
| 20Q1 (5) | 4.23 | 23.32 | 4.7 | 2.37 | -26.17 | -11.57 | 21.52 | -18.95 | -4.53 | 38.45 | 35.58 | 13.12 | 26.25 | 35.66 | 16.67 | 33.72 | -5.17 | -0.88 |
| 19Q4 (4) | 3.43 | 13.2 | 0.0 | 3.21 | -4.75 | 0.0 | 26.55 | -11.53 | 0.0 | 28.36 | 5.0 | 0.0 | 19.35 | -7.68 | 0.0 | 35.56 | -1.36 | 0.0 |
| 19Q3 (3) | 3.03 | -21.09 | 0.0 | 3.37 | 5.64 | 0.0 | 30.01 | 26.52 | 0.0 | 27.01 | -5.39 | 0.0 | 20.96 | -2.65 | 0.0 | 36.05 | 17.24 | 0.0 |
| 19Q2 (2) | 3.84 | -4.95 | 0.0 | 3.19 | 19.03 | 0.0 | 23.72 | 5.24 | 0.0 | 28.55 | -16.0 | 0.0 | 21.53 | -4.31 | 0.0 | 30.75 | -9.61 | 0.0 |
| 19Q1 (1) | 4.04 | 0.0 | 0.0 | 2.68 | 0.0 | 0.0 | 22.54 | 0.0 | 0.0 | 33.99 | 0.0 | 0.0 | 22.50 | 0.0 | 0.0 | 34.02 | 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) | 19.94 | 77.72 | 7.27 | 29.36 | 18.31 | -43.73 | 50.22 | -22.74 | 12.10 | -54.82 | 56.43 | -20.25 |
| 2022 (9) | 11.22 | -24.04 | 5.62 | -40.28 | 32.54 | 31.69 | 65.00 | 67.53 | 26.78 | 4.08 | 70.76 | 87.29 |
| 2021 (8) | 14.77 | -14.87 | 9.41 | -12.06 | 24.71 | 17.5 | 38.80 | 13.78 | 25.73 | 12.46 | 37.78 | 17.15 |
| 2020 (7) | 17.35 | -10.15 | 10.70 | -18.07 | 21.03 | 11.21 | 34.10 | 22.05 | 22.88 | 22.75 | 32.25 | 14.32 |
| 2019 (6) | 19.31 | -7.96 | 13.06 | 0.0 | 18.91 | 8.74 | 27.94 | -0.04 | 18.64 | -5.19 | 28.21 | 9.85 |
| 2018 (5) | 20.98 | -6.8 | 13.06 | 2.92 | 17.39 | 7.28 | 27.95 | -2.78 | 19.66 | -15.51 | 25.68 | 18.34 |
| 2017 (4) | 22.51 | -4.05 | 12.69 | -12.66 | 16.21 | 4.18 | 28.75 | 14.45 | 23.27 | 1.66 | 21.70 | 21.98 |
| 2016 (3) | 23.46 | 14.72 | 14.53 | -4.22 | 15.56 | -12.83 | 25.12 | 4.41 | 22.89 | 11.5 | 17.79 | -16.79 |
| 2015 (2) | 20.45 | 4.98 | 15.17 | -21.72 | 17.85 | -4.75 | 24.06 | 27.77 | 20.53 | 31.86 | 21.38 | -2.82 |
| 2014 (1) | 19.48 | 11.63 | 19.38 | 32.65 | 18.74 | -10.38 | 18.83 | -24.62 | 15.57 | -6.65 | 22.00 | -24.68 |
