- 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) | 2.60 | -26.76 | 28.08 | 0.91 | 8.33 | -9.9 | 35.01 | 36.6 | -21.92 | 100.31 | -7.13 | 11.16 | 23.82 | 9.12 | -19.99 | 111.50 | -0.28 | 5.87 |
| 23Q3 (19) | 3.55 | 3.2 | 61.36 | 0.84 | 29.23 | -33.86 | 25.63 | -3.17 | -38.0 | 108.01 | -22.67 | 51.23 | 21.83 | -24.49 | -33.95 | 111.81 | -18.54 | 40.27 |
| 23Q2 (18) | 3.44 | 39.84 | 13.53 | 0.65 | -10.96 | -48.82 | 26.47 | -28.36 | -11.91 | 139.68 | 11.82 | 94.62 | 28.91 | -1.8 | -6.83 | 137.25 | 3.63 | 93.86 |
| 23Q1 (17) | 2.46 | 21.18 | 5.58 | 0.73 | -27.72 | -19.78 | 36.95 | -17.6 | -5.18 | 124.92 | 38.43 | 25.48 | 29.44 | -1.11 | -18.79 | 132.44 | 25.75 | 29.5 |
| 22Q4 (16) | 2.03 | -7.73 | -10.57 | 1.01 | -20.47 | -34.84 | 44.84 | 8.47 | 11.63 | 90.24 | 26.35 | 53.5 | 29.77 | -9.92 | 42.44 | 105.32 | 32.13 | 34.94 |
| 22Q3 (15) | 2.20 | -27.39 | -24.14 | 1.27 | 0.0 | -28.25 | 41.34 | 37.57 | 31.91 | 71.42 | -0.49 | 39.06 | 33.05 | 6.51 | 92.37 | 79.71 | 12.58 | 21.66 |
| 22Q2 (14) | 3.03 | 30.04 | 47.8 | 1.27 | 39.56 | 12.39 | 30.05 | -22.89 | -32.46 | 71.77 | -27.91 | -11.27 | 31.03 | -14.4 | -20.15 | 70.80 | -30.77 | -18.16 |
| 22Q1 (13) | 2.33 | 2.64 | -33.43 | 0.91 | -41.29 | -47.09 | 38.97 | -2.99 | 50.0 | 99.55 | 69.33 | 87.72 | 36.25 | 73.44 | 24.06 | 102.27 | 31.03 | 105.36 |
| 21Q4 (12) | 2.27 | -21.72 | -71.84 | 1.55 | -12.43 | 33.62 | 40.17 | 28.17 | 255.8 | 58.79 | 14.47 | -25.36 | 20.90 | 21.65 | -17.33 | 78.05 | 19.12 | 20.48 |
| 21Q3 (11) | 2.90 | 41.46 | -66.47 | 1.77 | 56.64 | 75.25 | 31.34 | -29.56 | 197.91 | 51.36 | -36.51 | -42.88 | 17.18 | -55.79 | -23.64 | 65.52 | -24.26 | -15.94 |
| 21Q2 (10) | 2.05 | -41.43 | -77.77 | 1.13 | -34.3 | 43.04 | 44.49 | 71.25 | 350.76 | 80.89 | 52.54 | -29.37 | 38.86 | 32.99 | 65.93 | 86.51 | 73.71 | -14.33 |
| 21Q1 (9) | 3.50 | -56.58 | -47.05 | 1.72 | 48.28 | 251.02 | 25.98 | 130.12 | 88.81 | 53.03 | -32.68 | -71.52 | 29.22 | 15.59 | -19.15 | 49.80 | -23.12 | -69.6 |
| 20Q4 (8) | 8.06 | -6.82 | 20.3 | 1.16 | 14.85 | 81.25 | 11.29 | 7.32 | -16.86 | 78.77 | -12.4 | -44.97 | 25.28 | 12.36 | -19.87 | 64.78 | -16.88 | -48.25 |
| 20Q3 (7) | 8.65 | -6.18 | 36.44 | 1.01 | 27.85 | 62.9 | 10.52 | 6.59 | -26.74 | 89.92 | -21.49 | -39.19 | 22.50 | -3.93 | -28.73 | 77.94 | -22.82 | -40.35 |
| 20Q2 (6) | 9.22 | 39.49 | 30.04 | 0.79 | 61.22 | 29.51 | 9.87 | -28.27 | -23.13 | 114.53 | -38.5 | -22.63 | 23.42 | -35.2 | -19.21 | 100.98 | -38.37 | -23.43 |
| 20Q1 (5) | 6.61 | -1.34 | 1.23 | 0.49 | -23.44 | -24.62 | 13.76 | 1.33 | -1.22 | 186.22 | 30.11 | 32.78 | 36.14 | 14.55 | 14.73 | 163.84 | 30.89 | 33.55 |
| 19Q4 (4) | 6.70 | 5.68 | 0.0 | 0.64 | 3.23 | 0.0 | 13.58 | -5.43 | 0.0 | 143.13 | -3.2 | 0.0 | 31.55 | -0.06 | 0.0 | 125.17 | -4.2 | 0.0 |
| 19Q3 (3) | 6.34 | -10.58 | 0.0 | 0.62 | 1.64 | 0.0 | 14.36 | 11.84 | 0.0 | 147.86 | -0.11 | 0.0 | 31.57 | 8.9 | 0.0 | 130.66 | -0.93 | 0.0 |
| 19Q2 (2) | 7.09 | 8.58 | 0.0 | 0.61 | -6.15 | 0.0 | 12.84 | -7.82 | 0.0 | 148.03 | 5.55 | 0.0 | 28.99 | -7.97 | 0.0 | 131.88 | 7.5 | 0.0 |
| 19Q1 (1) | 6.53 | 0.0 | 0.0 | 0.65 | 0.0 | 0.0 | 13.93 | 0.0 | 0.0 | 140.25 | 0.0 | 0.0 | 31.50 | 0.0 | 0.0 | 122.68 | 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) | 9.22 | -15.65 | 3.50 | -30.0 | 39.59 | 18.57 | 104.40 | 43.09 | 22.63 | 17.01 | 121.36 | 39.48 |
| 2022 (9) | 10.93 | -40.69 | 5.00 | -36.55 | 33.39 | 68.55 | 72.96 | 57.58 | 19.34 | 18.29 | 87.01 | 74.86 |
| 2021 (8) | 18.43 | -35.76 | 7.88 | 115.3 | 19.81 | 55.74 | 46.30 | -53.56 | 16.35 | -38.21 | 49.76 | -42.11 |
| 2020 (7) | 28.69 | 9.13 | 3.66 | 38.64 | 12.72 | -8.42 | 99.70 | -27.98 | 26.46 | -11.24 | 85.95 | -29.84 |
| 2019 (6) | 26.29 | -6.64 | 2.64 | -25.21 | 13.89 | 7.18 | 138.44 | 33.77 | 29.81 | 11.19 | 122.51 | 36.68 |
| 2018 (5) | 28.16 | 13.96 | 3.53 | 14.24 | 12.96 | -12.25 | 103.49 | -12.39 | 26.81 | -3.11 | 89.63 | -14.82 |
| 2017 (4) | 24.71 | -1.91 | 3.09 | 15.73 | 14.77 | 1.93 | 118.13 | -13.45 | 27.67 | -8.29 | 105.23 | -12.89 |
| 2016 (3) | 25.19 | -7.18 | 2.67 | 15.09 | 14.49 | 7.73 | 136.48 | -13.19 | 30.17 | -3.08 | 120.80 | -13.43 |
| 2015 (2) | 27.14 | 9.0 | 2.32 | 17.77 | 13.45 | -8.25 | 157.22 | -15.12 | 31.13 | -13.58 | 139.54 | -14.85 |
| 2014 (1) | 24.90 | 20.0 | 1.97 | -4.37 | 14.66 | -16.66 | 185.23 | 4.54 | 36.02 | 1.67 | 163.88 | 2.86 |
