- 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) | 9.21 | 7.59 | 4.78 | 0.71 | 5.97 | 33.96 | 9.88 | -7.14 | -4.63 | 128.70 | -5.21 | -24.37 | 11.02 | -20.32 | -49.01 | 127.55 | -3.79 | -19.74 |
| 23Q3 (19) | 8.56 | -23.84 | -0.93 | 0.67 | -14.1 | 31.37 | 10.64 | 31.36 | 0.95 | 135.77 | 16.86 | -24.64 | 13.83 | 7.13 | -38.09 | 132.57 | 19.04 | -21.26 |
| 23Q2 (18) | 11.24 | 28.16 | 34.61 | 0.78 | 32.2 | 39.29 | 8.10 | -21.89 | -25.69 | 116.18 | -25.21 | -28.53 | 12.91 | -37.21 | -59.42 | 111.37 | -23.27 | -21.38 |
| 23Q1 (17) | 8.77 | -0.23 | -21.13 | 0.59 | 11.32 | -24.36 | 10.37 | 0.1 | 26.77 | 155.34 | -8.71 | 32.55 | 20.56 | -4.86 | -12.25 | 145.15 | -8.66 | 42.4 |
| 22Q4 (16) | 8.79 | 1.74 | -8.25 | 0.53 | 3.92 | -27.4 | 10.36 | -1.71 | 9.05 | 170.17 | -5.55 | 36.74 | 21.61 | -3.27 | 44.16 | 158.92 | -5.61 | 33.6 |
| 22Q3 (15) | 8.64 | 3.47 | 41.87 | 0.51 | -8.93 | 6.25 | 10.54 | -3.3 | -29.45 | 180.17 | 10.83 | -4.99 | 22.34 | -29.77 | 5.78 | 168.36 | 18.86 | -8.23 |
| 22Q2 (14) | 8.35 | -24.91 | 42.74 | 0.56 | -28.21 | 14.29 | 10.90 | 33.25 | -29.9 | 162.56 | 38.71 | -12.45 | 31.81 | 35.77 | 107.5 | 141.65 | 38.97 | -23.8 |
| 22Q1 (13) | 11.12 | 16.08 | 3.06 | 0.78 | 6.85 | 9.86 | 8.18 | -13.89 | -2.97 | 117.19 | -5.83 | -8.99 | 23.43 | 56.3 | 279.13 | 101.93 | -14.31 | -22.21 |
| 21Q4 (12) | 9.58 | 57.31 | -83.82 | 0.73 | 52.08 | -55.76 | 9.50 | -36.41 | 516.88 | 124.45 | -34.37 | 125.0 | 14.99 | -29.02 | 557.46 | 118.95 | -35.16 | 118.02 |
| 21Q3 (11) | 6.09 | 4.1 | -87.97 | 0.48 | -2.04 | -73.33 | 14.94 | -3.92 | 730.0 | 189.63 | 2.13 | 274.1 | 21.12 | 37.77 | 905.71 | 183.45 | -1.31 | 263.99 |
| 21Q2 (10) | 5.85 | -45.78 | -49.13 | 0.49 | -30.99 | -23.44 | 15.55 | 84.46 | 96.59 | 185.67 | 44.19 | 30.87 | 15.33 | 148.06 | 35.42 | 185.89 | 41.87 | 34.25 |
| 21Q1 (9) | 10.79 | -81.78 | -4.0 | 0.71 | -56.97 | -1.39 | 8.43 | 447.4 | 4.07 | 128.77 | 132.82 | 1.88 | 6.18 | 171.05 | -36.75 | 131.03 | 140.16 | 5.05 |
| 20Q4 (8) | 59.21 | 16.97 | 400.51 | 1.65 | -8.33 | 157.81 | 1.54 | -14.44 | -79.97 | 55.31 | 9.11 | -61.06 | 2.28 | 8.57 | -65.3 | 54.56 | 8.25 | -61.89 |
| 20Q3 (7) | 50.62 | 340.17 | 141.97 | 1.80 | 181.25 | 119.51 | 1.80 | -77.24 | -58.62 | 50.69 | -64.27 | -54.2 | 2.10 | -81.45 | -54.55 | 50.40 | -63.6 | -54.35 |
| 20Q2 (6) | 11.50 | 2.31 | -18.61 | 0.64 | -11.11 | 8.47 | 7.91 | -2.35 | 22.83 | 141.87 | 12.24 | -7.71 | 11.32 | 15.86 | 532.4 | 138.47 | 11.02 | -12.57 |
| 20Q1 (5) | 11.24 | -4.99 | -24.16 | 0.72 | 12.5 | 20.0 | 8.10 | 5.33 | 31.92 | 126.40 | -11.0 | -17.15 | 9.77 | 48.71 | 290.8 | 124.73 | -12.87 | -20.16 |
| 19Q4 (4) | 11.83 | -43.45 | 0.0 | 0.64 | -21.95 | 0.0 | 7.69 | 76.78 | 0.0 | 142.03 | 28.32 | 0.0 | 6.57 | 42.21 | 0.0 | 143.15 | 29.65 | 0.0 |
| 19Q3 (3) | 20.92 | 48.05 | 0.0 | 0.82 | 38.98 | 0.0 | 4.35 | -32.45 | 0.0 | 110.68 | -28.0 | 0.0 | 4.62 | 158.1 | 0.0 | 110.41 | -30.29 | 0.0 |
| 19Q2 (2) | 14.13 | -4.66 | 0.0 | 0.59 | -1.67 | 0.0 | 6.44 | 4.89 | 0.0 | 153.72 | 0.75 | 0.0 | 1.79 | -28.4 | 0.0 | 158.38 | 1.38 | 0.0 |
| 19Q1 (1) | 14.82 | 0.0 | 0.0 | 0.60 | 0.0 | 0.0 | 6.14 | 0.0 | 0.0 | 152.57 | 0.0 | 0.0 | 2.50 | 0.0 | 0.0 | 156.22 | 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) | 38.71 | 1.6 | 2.77 | 9.92 | 9.43 | -1.57 | 131.62 | -9.07 | 8.37 | -44.5 | 132.68 | -4.72 |
| 2022 (9) | 38.10 | -42.19 | 2.52 | -4.91 | 9.58 | 72.92 | 144.75 | 5.27 | 15.08 | 92.84 | 139.26 | 2.98 |
| 2021 (8) | 65.90 | -49.44 | 2.65 | -47.94 | 5.54 | 97.86 | 137.50 | 91.66 | 7.82 | 525.6 | 135.23 | 84.51 |
| 2020 (7) | 130.33 | 118.71 | 5.09 | 94.27 | 2.80 | -54.25 | 71.74 | -48.48 | 1.25 | -44.44 | 73.29 | -48.79 |
| 2019 (6) | 59.59 | -21.15 | 2.62 | 0.77 | 6.12 | 26.71 | 139.25 | -0.72 | 2.25 | -61.67 | 143.12 | 2.8 |
| 2018 (5) | 75.57 | 16.19 | 2.60 | 36.13 | 4.83 | -13.9 | 140.26 | -26.62 | 5.87 | -32.3 | 139.22 | -25.97 |
| 2017 (4) | 65.04 | 1.72 | 1.91 | -6.37 | 5.61 | -1.75 | 191.13 | 7.07 | 8.67 | 0.7 | 188.06 | 7.09 |
| 2016 (3) | 63.94 | 22.12 | 2.04 | 3.55 | 5.71 | -18.08 | 178.51 | -3.57 | 8.61 | -5.59 | 175.61 | -4.02 |
| 2015 (2) | 52.36 | 41.59 | 1.97 | -10.86 | 6.97 | -29.38 | 185.11 | 12.02 | 9.12 | 0.55 | 182.96 | 10.18 |
| 2014 (1) | 36.98 | 38.29 | 2.21 | -29.62 | 9.87 | -27.69 | 165.24 | 42.15 | 9.07 | -33.46 | 166.05 | 42.83 |
