- 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) | 2.72 | 39.49 | -34.62 | 0.20 | 53.85 | -28.57 | 33.45 | -28.28 | 52.95 | 451.19 | -35.79 | 36.49 | 84.89 | -35.61 | 61.66 | 399.75 | -35.26 | 33.28 |
| 23Q3 (19) | 1.95 | -27.78 | -28.04 | 0.13 | -23.53 | -35.0 | 46.64 | 38.36 | 39.02 | 702.64 | 33.9 | 55.62 | 131.84 | 80.11 | 118.68 | 617.44 | 27.23 | 45.36 |
| 23Q2 (18) | 2.70 | 8.0 | -10.89 | 0.17 | 6.25 | -15.0 | 33.71 | -7.21 | 12.07 | 524.76 | -6.24 | 17.61 | 73.20 | -19.01 | 24.11 | 485.28 | -4.03 | 16.3 |
| 23Q1 (17) | 2.50 | -39.9 | -13.79 | 0.16 | -42.86 | 0.0 | 36.33 | 66.12 | 15.59 | 559.69 | 69.31 | 0.01 | 90.38 | 72.12 | 23.77 | 505.64 | 68.59 | -2.4 |
| 22Q4 (16) | 4.16 | 53.51 | 46.48 | 0.28 | 40.0 | 40.0 | 21.87 | -34.81 | -31.87 | 330.57 | -26.79 | -28.81 | 52.51 | -12.9 | -7.62 | 299.93 | -29.39 | -31.77 |
| 22Q3 (15) | 2.71 | -10.56 | -30.33 | 0.20 | 0.0 | -9.09 | 33.55 | 11.54 | 43.25 | 451.51 | 1.2 | 11.31 | 60.29 | 2.22 | 34.61 | 424.77 | 1.8 | 10.55 |
| 22Q2 (14) | 3.03 | 4.48 | -27.34 | 0.20 | 25.0 | 25.0 | 30.08 | -4.3 | 37.73 | 446.17 | -20.28 | -20.06 | 58.98 | -19.23 | 2.34 | 417.27 | -19.46 | -20.12 |
| 22Q1 (13) | 2.90 | 2.11 | -30.62 | 0.16 | -20.0 | 14.29 | 31.43 | -2.09 | 44.37 | 559.65 | 20.53 | -13.64 | 73.02 | 28.47 | 6.15 | 518.06 | 17.85 | -13.8 |
| 21Q4 (12) | 2.84 | -26.99 | -44.53 | 0.20 | -9.09 | 17.65 | 32.10 | 37.06 | 80.64 | 464.34 | 14.48 | -15.4 | 56.84 | 26.9 | 6.56 | 439.60 | 14.4 | -14.36 |
| 21Q3 (11) | 3.89 | -6.71 | -6.49 | 0.22 | 37.5 | 46.67 | 23.42 | 7.23 | 6.99 | 405.62 | -27.33 | -32.51 | 44.79 | -22.28 | -8.98 | 384.25 | -26.44 | -33.02 |
| 21Q2 (10) | 4.17 | -0.24 | 8.88 | 0.16 | 14.29 | 45.45 | 21.84 | 0.32 | -7.96 | 558.15 | -13.87 | -34.55 | 57.63 | -16.22 | -19.96 | 522.37 | -13.08 | -35.07 |
| 21Q1 (9) | 4.18 | -18.36 | 10.88 | 0.14 | -17.65 | 27.27 | 21.77 | 22.51 | -9.74 | 648.03 | 18.06 | -18.15 | 68.79 | 28.97 | -7.37 | 601.00 | 17.08 | -18.96 |
| 20Q4 (8) | 5.12 | 23.08 | 40.66 | 0.17 | 13.33 | 13.33 | 17.77 | -18.82 | -28.86 | 548.88 | -8.67 | -10.99 | 53.34 | 8.39 | -6.03 | 513.31 | -10.52 | -12.24 |
| 20Q3 (7) | 4.16 | 8.62 | 25.3 | 0.15 | 36.36 | 15.38 | 21.89 | -7.75 | -20.26 | 600.98 | -29.53 | -13.67 | 49.21 | -31.65 | -15.53 | 573.66 | -28.7 | -13.78 |
| 20Q2 (6) | 3.83 | 1.59 | -4.73 | 0.11 | 0.0 | -15.38 | 23.73 | -1.62 | 4.77 | 852.83 | 7.72 | 19.25 | 72.00 | -3.04 | 31.72 | 804.55 | 8.49 | 17.77 |
| 20Q1 (5) | 3.77 | 3.57 | 10.88 | 0.11 | -26.67 | 10.0 | 24.12 | -3.44 | -10.0 | 791.73 | 28.39 | -12.54 | 74.26 | 30.83 | 19.06 | 741.59 | 26.79 | -14.73 |
| 19Q4 (4) | 3.64 | 9.64 | 0.0 | 0.15 | 15.38 | 0.0 | 24.98 | -9.0 | 0.0 | 616.68 | -11.42 | 0.0 | 56.76 | -2.57 | 0.0 | 584.89 | -12.09 | 0.0 |
| 19Q3 (3) | 3.32 | -17.41 | 0.0 | 0.13 | 0.0 | 0.0 | 27.45 | 21.19 | 0.0 | 696.16 | -2.66 | 0.0 | 58.26 | 6.59 | 0.0 | 665.35 | -2.61 | 0.0 |
| 19Q2 (2) | 4.02 | 18.24 | 0.0 | 0.13 | 30.0 | 0.0 | 22.65 | -15.49 | 0.0 | 715.19 | -20.99 | 0.0 | 54.66 | -12.36 | 0.0 | 683.18 | -21.44 | 0.0 |
| 19Q1 (1) | 3.40 | 0.0 | 0.0 | 0.10 | 0.0 | 0.0 | 26.80 | 0.0 | 0.0 | 905.23 | 0.0 | 0.0 | 62.37 | 0.0 | 0.0 | 869.66 | 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) | 8.94 | -30.43 | 0.67 | -22.99 | 40.83 | 43.77 | 546.92 | 29.64 | 88.81 | 34.91 | 498.94 | 29.78 |
| 2022 (9) | 12.85 | -12.41 | 0.87 | 19.18 | 28.40 | 14.15 | 421.89 | -15.79 | 65.83 | 9.83 | 384.46 | -17.49 |
| 2021 (8) | 14.67 | -1.74 | 0.73 | 35.19 | 24.88 | 1.76 | 501.00 | -25.64 | 59.94 | -15.29 | 465.95 | -25.74 |
| 2020 (7) | 14.93 | 11.33 | 0.54 | 8.0 | 24.45 | -10.18 | 673.79 | -7.78 | 70.76 | 17.21 | 627.47 | -10.04 |
| 2019 (6) | 13.41 | 13.84 | 0.50 | 25.0 | 27.22 | -12.11 | 730.65 | -20.88 | 60.37 | -7.27 | 697.49 | -21.58 |
| 2018 (5) | 11.78 | 44.72 | 0.40 | 25.0 | 30.97 | -30.92 | 923.52 | -19.19 | 65.10 | -38.09 | 889.40 | -17.83 |
| 2017 (4) | 8.14 | 13.85 | 0.32 | -27.27 | 44.83 | -12.24 | 1142.77 | 36.27 | 105.15 | 2.42 | 1082.44 | 37.54 |
| 2016 (3) | 7.15 | 5.15 | 0.44 | 2.33 | 51.08 | -4.79 | 838.60 | -1.83 | 102.67 | -24.21 | 787.02 | 1.9 |
| 2015 (2) | 6.80 | -2.44 | 0.43 | -6.52 | 53.65 | 2.5 | 854.20 | 8.33 | 135.47 | -14.57 | 772.38 | 13.21 |
| 2014 (1) | 6.97 | -17.42 | 0.46 | -30.3 | 52.34 | 21.07 | 788.49 | 42.59 | 158.57 | 47.89 | 682.26 | 39.53 |
