- 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) | 2.35 | -24.68 | -20.07 | 0.50 | -21.88 | -12.28 | 38.65 | 32.36 | 25.08 | 183.35 | 29.44 | 14.34 | 36.46 | 46.96 | 106.22 | 185.54 | 27.05 | 6.89 |
| 23Q3 (19) | 3.12 | -5.74 | -17.46 | 0.64 | -4.48 | -5.88 | 29.20 | 6.26 | 21.31 | 141.65 | 4.34 | 6.26 | 24.81 | 31.55 | 41.85 | 146.04 | 1.14 | 4.4 |
| 23Q2 (18) | 3.31 | 8.17 | -17.66 | 0.67 | 9.84 | 0.0 | 27.48 | -7.6 | 21.43 | 135.76 | -8.42 | -0.24 | 18.86 | 1.23 | -27.46 | 144.39 | -9.39 | 8.8 |
| 23Q1 (17) | 3.06 | 4.08 | 15.04 | 0.61 | 7.02 | 5.17 | 29.74 | -3.75 | -12.94 | 148.24 | -7.56 | -5.36 | 18.63 | 5.37 | -53.49 | 159.35 | -8.2 | 5.73 |
| 22Q4 (16) | 2.94 | -22.22 | 11.79 | 0.57 | -16.18 | -24.0 | 30.90 | 28.38 | -10.62 | 160.36 | 20.29 | 32.31 | 17.68 | 1.09 | -48.14 | 173.58 | 24.08 | 42.65 |
| 22Q3 (15) | 3.78 | -5.97 | 16.67 | 0.68 | 1.49 | -29.9 | 24.07 | 6.36 | -14.43 | 133.31 | -2.04 | 42.82 | 17.49 | -32.73 | -32.55 | 139.89 | 5.41 | 46.41 |
| 22Q2 (14) | 4.02 | 51.13 | 28.85 | 0.67 | 15.52 | -32.32 | 22.63 | -33.75 | -22.42 | 136.09 | -13.11 | 47.46 | 26.00 | -35.1 | 4.88 | 132.71 | -11.95 | 37.28 |
| 22Q1 (13) | 2.66 | 1.14 | -3.62 | 0.58 | -22.67 | -35.56 | 34.16 | -1.19 | 3.52 | 156.63 | 29.23 | 55.29 | 40.06 | 17.51 | 41.16 | 150.72 | 23.87 | 42.89 |
| 21Q4 (12) | 2.63 | -18.83 | -21.73 | 0.75 | -22.68 | -28.57 | 34.57 | 22.89 | 27.52 | 121.20 | 29.85 | 40.51 | 34.09 | 31.47 | 48.67 | 121.68 | 27.35 | 34.54 |
| 21Q3 (11) | 3.24 | 3.85 | -5.26 | 0.97 | -2.02 | 0.0 | 28.13 | -3.57 | 5.63 | 93.34 | 1.14 | -0.39 | 25.93 | 4.6 | 54.71 | 95.55 | -1.16 | -7.75 |
| 21Q2 (10) | 3.12 | 13.04 | 35.65 | 0.99 | 10.0 | 33.78 | 29.17 | -11.61 | -26.21 | 92.29 | -8.5 | -25.0 | 24.79 | -12.65 | 16.88 | 96.67 | -8.35 | -31.62 |
| 21Q1 (9) | 2.76 | -17.86 | 14.05 | 0.90 | -14.29 | -7.22 | 33.00 | 21.73 | -12.33 | 100.86 | 16.93 | 7.07 | 28.38 | 23.77 | 37.17 | 105.48 | 16.63 | -5.1 |
| 20Q4 (8) | 3.36 | -1.75 | 58.49 | 1.05 | 8.25 | 3.96 | 27.11 | 1.8 | -36.82 | 86.26 | -7.95 | -3.92 | 22.93 | 36.81 | 1.15 | 90.44 | -12.69 | -17.8 |
| 20Q3 (7) | 3.42 | 48.7 | 56.16 | 0.97 | 31.08 | -3.96 | 26.63 | -32.63 | -36.03 | 93.71 | -23.85 | 4.46 | 16.76 | -20.98 | -33.54 | 103.58 | -26.74 | -2.39 |
| 20Q2 (6) | 2.30 | -4.96 | 5.99 | 0.74 | -23.71 | -22.11 | 39.53 | 5.02 | -5.57 | 123.06 | 30.64 | 28.16 | 21.21 | 2.51 | -24.71 | 141.38 | 27.2 | 28.86 |
| 20Q1 (5) | 2.42 | 14.15 | 15.24 | 0.97 | -3.96 | -3.96 | 37.64 | -12.28 | -13.07 | 94.20 | 4.92 | 4.74 | 20.69 | -8.73 | -28.01 | 111.15 | 1.03 | 6.37 |
| 19Q4 (4) | 2.12 | -3.2 | 0.0 | 1.01 | 0.0 | 0.0 | 42.91 | 3.07 | 0.0 | 89.78 | 0.08 | 0.0 | 22.67 | -10.11 | 0.0 | 110.02 | 3.68 | 0.0 |
| 19Q3 (3) | 2.19 | 0.92 | 0.0 | 1.01 | 6.32 | 0.0 | 41.63 | -0.55 | 0.0 | 89.71 | -6.57 | 0.0 | 25.22 | -10.47 | 0.0 | 106.12 | -3.28 | 0.0 |
| 19Q2 (2) | 2.17 | 3.33 | 0.0 | 0.95 | -5.94 | 0.0 | 41.86 | -3.33 | 0.0 | 96.02 | 6.76 | 0.0 | 28.17 | -1.98 | 0.0 | 109.72 | 5.01 | 0.0 |
| 19Q1 (1) | 2.10 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | 43.30 | 0.0 | 0.0 | 89.94 | 0.0 | 0.0 | 28.74 | 0.0 | 0.0 | 104.49 | 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) | 11.80 | -4.14 | 2.27 | -19.79 | 30.93 | 4.32 | 161.07 | 24.73 | 22.61 | -9.92 | 169.39 | 26.71 |
| 2022 (9) | 12.31 | 14.09 | 2.83 | -10.73 | 29.65 | -12.38 | 129.13 | 12.25 | 25.10 | -23.78 | 133.68 | 15.29 |
| 2021 (8) | 10.79 | 22.06 | 3.17 | -10.2 | 33.84 | -18.0 | 115.04 | 11.19 | 32.93 | 21.87 | 115.95 | -1.5 |
| 2020 (7) | 8.84 | -2.1 | 3.53 | -16.35 | 41.27 | 2.15 | 103.46 | 19.61 | 27.02 | 7.78 | 117.71 | 15.59 |
| 2019 (6) | 9.03 | 1.69 | 4.22 | -7.46 | 40.40 | -1.75 | 86.50 | 8.12 | 25.07 | -24.26 | 101.83 | 15.7 |
| 2018 (5) | 8.88 | 1.49 | 4.56 | -1.3 | 41.12 | -1.41 | 80.00 | 1.34 | 33.10 | -12.2 | 88.01 | 6.11 |
| 2017 (4) | 8.75 | -9.14 | 4.62 | -3.75 | 41.71 | 10.02 | 78.94 | 3.79 | 37.70 | 16.65 | 82.94 | 1.58 |
| 2016 (3) | 9.63 | -16.11 | 4.80 | -11.11 | 37.91 | 19.29 | 76.06 | 12.55 | 32.32 | 27.7 | 81.65 | 10.26 |
| 2015 (2) | 11.48 | 1.68 | 5.40 | -1.82 | 31.78 | -1.67 | 67.58 | 1.75 | 25.31 | 9.9 | 74.05 | -2.18 |
| 2014 (1) | 11.29 | 4.93 | 5.50 | 3.38 | 32.32 | -4.72 | 66.42 | -3.25 | 23.03 | -23.69 | 75.70 | 4.57 |
