- 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) | 2.92 | -22.96 | -31.93 | 0.38 | -11.63 | -33.33 | 31.15 | 29.85 | 46.66 | 239.76 | 14.21 | 50.73 | 24.80 | 34.2 | 80.36 | 246.10 | 14.24 | 47.76 |
| 23Q3 (19) | 3.79 | 10.82 | -4.53 | 0.43 | -4.44 | -31.75 | 23.99 | -9.81 | 4.76 | 209.92 | 4.73 | 45.12 | 18.48 | 47.13 | 17.86 | 215.43 | 0.45 | 41.85 |
| 23Q2 (18) | 3.42 | -12.76 | -19.34 | 0.45 | -10.0 | -32.84 | 26.60 | 14.51 | 23.84 | 200.44 | 10.35 | 48.09 | 12.56 | -12.11 | -9.71 | 214.47 | 12.54 | 50.05 |
| 23Q1 (17) | 3.92 | -8.62 | 2.08 | 0.50 | -12.28 | -3.85 | 23.23 | 9.37 | -2.07 | 181.64 | 14.19 | 3.46 | 14.29 | 3.93 | -0.97 | 190.57 | 14.42 | 3.09 |
| 22Q4 (16) | 4.29 | 8.06 | 21.19 | 0.57 | -9.52 | 3.64 | 21.24 | -7.25 | -17.32 | 159.07 | 9.97 | -3.3 | 13.75 | -12.31 | -9.95 | 166.55 | 9.67 | -4.79 |
| 22Q3 (15) | 3.97 | -6.37 | -7.67 | 0.63 | -5.97 | -17.11 | 22.90 | 6.61 | 8.12 | 144.65 | 6.87 | 20.81 | 15.68 | 12.72 | 52.83 | 151.87 | 6.25 | 16.24 |
| 22Q2 (14) | 4.24 | 10.42 | 8.72 | 0.67 | 28.85 | 1.52 | 21.48 | -9.44 | -8.01 | 135.35 | -22.9 | -2.34 | 13.91 | -3.6 | -15.18 | 142.93 | -22.68 | -1.8 |
| 22Q1 (13) | 3.84 | 8.47 | 47.13 | 0.52 | -5.45 | 0.0 | 23.72 | -7.67 | -32.0 | 175.56 | 6.72 | -0.16 | 14.43 | -5.5 | -34.17 | 184.85 | 5.68 | -2.09 |
| 21Q4 (12) | 3.54 | -17.67 | 16.83 | 0.55 | -27.63 | -6.78 | 25.69 | 21.29 | -14.37 | 164.50 | 37.39 | 6.53 | 15.27 | 48.83 | 26.83 | 174.92 | 33.88 | 1.48 |
| 21Q3 (11) | 4.30 | 10.26 | 53.02 | 0.76 | 15.15 | 76.74 | 21.18 | -9.29 | -34.51 | 119.73 | -13.61 | -43.94 | 10.26 | -37.44 | -37.52 | 130.65 | -10.24 | -43.07 |
| 21Q2 (10) | 3.90 | 49.43 | 62.5 | 0.66 | 26.92 | 20.0 | 23.35 | -33.06 | -38.31 | 138.59 | -21.18 | -16.08 | 16.40 | -25.18 | 2.5 | 145.55 | -22.9 | -22.17 |
| 21Q1 (9) | 2.61 | -13.86 | 50.0 | 0.52 | -11.86 | -1.89 | 34.88 | 16.27 | -33.18 | 175.84 | 13.87 | 3.14 | 21.92 | 82.06 | 77.92 | 188.79 | 9.53 | -10.25 |
| 20Q4 (8) | 3.03 | 7.83 | 81.44 | 0.59 | 37.21 | 22.92 | 30.00 | -7.24 | -45.05 | 154.42 | -27.7 | -18.34 | 12.04 | -26.67 | -5.64 | 172.37 | -24.89 | -25.36 |
| 20Q3 (7) | 2.81 | 17.08 | 2.55 | 0.43 | -21.82 | -21.82 | 32.34 | -14.56 | -2.71 | 213.58 | 29.32 | 29.14 | 16.42 | 2.63 | 8.45 | 229.50 | 22.72 | 25.07 |
| 20Q2 (6) | 2.40 | 37.93 | -22.08 | 0.55 | 3.77 | -1.79 | 37.85 | -27.49 | 28.26 | 165.15 | -3.13 | 1.05 | 16.00 | 29.87 | -17.14 | 187.01 | -11.1 | 7.69 |
| 20Q1 (5) | 1.74 | 4.19 | -53.48 | 0.53 | 10.42 | -34.57 | 52.20 | -4.4 | 114.64 | 170.49 | -9.84 | 50.93 | 12.32 | -3.45 | -21.38 | 210.36 | -8.91 | 72.98 |
| 19Q4 (4) | 1.67 | -39.05 | 0.0 | 0.48 | -12.73 | 0.0 | 54.60 | 64.26 | 0.0 | 189.10 | 14.34 | 0.0 | 12.76 | -15.72 | 0.0 | 230.94 | 25.86 | 0.0 |
| 19Q3 (3) | 2.74 | -11.04 | 0.0 | 0.55 | -1.79 | 0.0 | 33.24 | 12.64 | 0.0 | 165.39 | 1.19 | 0.0 | 15.14 | -21.6 | 0.0 | 183.49 | 5.67 | 0.0 |
| 19Q2 (2) | 3.08 | -17.65 | 0.0 | 0.56 | -30.86 | 0.0 | 29.51 | 21.34 | 0.0 | 163.44 | 44.69 | 0.0 | 19.31 | 23.23 | 0.0 | 173.65 | 42.79 | 0.0 |
| 19Q1 (1) | 3.74 | 0.0 | 0.0 | 0.81 | 0.0 | 0.0 | 24.32 | 0.0 | 0.0 | 112.96 | 0.0 | 0.0 | 15.67 | 0.0 | 0.0 | 121.61 | 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) | 13.26 | -39.01 | 1.72 | -33.59 | 27.52 | 63.91 | 211.80 | 50.35 | 18.99 | 46.3 | 220.33 | 52.29 |
| 2022 (9) | 21.74 | 41.35 | 2.59 | 13.6 | 16.79 | -29.28 | 140.87 | -11.9 | 12.98 | -12.42 | 144.68 | -14.29 |
| 2021 (8) | 15.38 | 47.32 | 2.28 | 15.15 | 23.74 | -32.07 | 159.89 | -13.13 | 14.82 | 20.78 | 168.80 | -18.35 |
| 2020 (7) | 10.44 | -20.31 | 1.98 | -14.66 | 34.95 | 25.4 | 184.05 | 16.8 | 12.27 | -19.17 | 206.73 | 21.41 |
| 2019 (6) | 13.10 | -20.56 | 2.32 | -20.55 | 27.87 | 25.88 | 157.58 | 26.2 | 15.18 | -9.8 | 170.27 | 30.8 |
| 2018 (5) | 16.49 | 29.94 | 2.92 | -17.28 | 22.14 | -23.02 | 124.87 | 20.71 | 16.83 | 7.95 | 130.18 | 11.63 |
| 2017 (4) | 12.69 | 3.25 | 3.53 | -10.86 | 28.76 | -3.16 | 103.45 | 12.3 | 15.59 | 5.05 | 116.62 | 9.01 |
| 2016 (3) | 12.29 | -30.96 | 3.96 | 3.39 | 29.70 | 44.88 | 92.12 | -3.33 | 14.84 | 48.7 | 106.98 | 1.11 |
| 2015 (2) | 17.80 | 17.8 | 3.83 | -16.19 | 20.50 | -15.11 | 95.29 | 19.23 | 9.98 | 36.71 | 105.81 | 9.34 |
| 2014 (1) | 15.11 | 15.52 | 4.57 | -18.68 | 24.15 | -13.47 | 79.92 | 22.95 | 7.30 | -63.54 | 96.77 | 32.76 |
