- 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) | 1.01 | -20.47 | 31.17 | 1.37 | -1.44 | 31.73 | 90.34 | 26.01 | -23.13 | 66.46 | 1.16 | -24.39 | 71.87 | 11.46 | 7.53 | 84.93 | 16.49 | -38.72 |
| 23Q3 (19) | 1.27 | 41.11 | 44.32 | 1.39 | 36.27 | 15.83 | 71.69 | -29.39 | -30.74 | 65.70 | -26.47 | -13.71 | 64.48 | 6.97 | 5.93 | 72.91 | -44.17 | -38.62 |
| 23Q2 (18) | 0.90 | 20.0 | -23.73 | 1.02 | 13.33 | -12.82 | 101.53 | -16.0 | 31.58 | 89.35 | -11.67 | 14.52 | 60.28 | -5.55 | 10.65 | 130.60 | -17.46 | 29.71 |
| 23Q1 (17) | 0.75 | -2.6 | -8.54 | 0.90 | -13.46 | 9.76 | 120.87 | 2.84 | 9.12 | 101.16 | 15.09 | -9.3 | 63.82 | -4.52 | -23.63 | 158.22 | 14.16 | 14.06 |
| 22Q4 (16) | 0.77 | -12.5 | -17.2 | 1.04 | -13.33 | -13.33 | 117.53 | 13.54 | 20.26 | 87.90 | 15.45 | 16.25 | 66.84 | 9.81 | -5.0 | 138.59 | 16.68 | 34.58 |
| 22Q3 (15) | 0.88 | -25.42 | -20.72 | 1.20 | 2.56 | -25.93 | 103.51 | 34.15 | 26.35 | 76.14 | -2.41 | 35.77 | 60.87 | 11.73 | 7.28 | 118.78 | 17.97 | 46.17 |
| 22Q2 (14) | 1.18 | 43.9 | 3.51 | 1.17 | 42.68 | -31.18 | 77.16 | -30.34 | -2.92 | 78.02 | -30.05 | 45.97 | 54.48 | -34.81 | -4.71 | 100.69 | -27.41 | 32.92 |
| 22Q1 (13) | 0.82 | -11.83 | -8.89 | 0.82 | -31.67 | -49.38 | 110.77 | 13.34 | 10.07 | 111.53 | 47.51 | 98.24 | 83.57 | 18.77 | 18.79 | 138.72 | 34.71 | 60.28 |
| 21Q4 (12) | 0.93 | -16.22 | -13.08 | 1.20 | -25.93 | -48.5 | 97.73 | 19.3 | 14.64 | 75.61 | 34.83 | 93.67 | 70.36 | 24.0 | 24.77 | 102.98 | 26.73 | 51.64 |
| 21Q3 (11) | 1.11 | -2.63 | -0.89 | 1.62 | -4.71 | -28.32 | 81.92 | 3.07 | 1.01 | 56.08 | 4.92 | 39.43 | 56.74 | -0.75 | 12.78 | 81.26 | 7.27 | 14.43 |
| 21Q2 (10) | 1.14 | 26.67 | -25.49 | 1.70 | 4.94 | -14.14 | 79.48 | -21.03 | 33.99 | 53.45 | -4.99 | 16.3 | 57.17 | -18.73 | 23.74 | 75.75 | -12.48 | 28.22 |
| 21Q1 (9) | 0.90 | -15.89 | 18.42 | 1.62 | -30.47 | 54.29 | 100.64 | 18.05 | -16.36 | 56.26 | 44.11 | -34.85 | 70.35 | 24.76 | -22.38 | 86.55 | 27.45 | -25.42 |
| 20Q4 (8) | 1.07 | -4.46 | -15.08 | 2.33 | 3.1 | 19.49 | 85.25 | 5.12 | 18.17 | 39.04 | -2.93 | -16.4 | 56.39 | 12.09 | 0.55 | 67.91 | -4.37 | 8.21 |
| 20Q3 (7) | 1.12 | -26.8 | 7.69 | 2.26 | 14.14 | 26.26 | 81.10 | 36.72 | -7.59 | 40.22 | -12.49 | -20.94 | 50.31 | 8.9 | -15.73 | 71.01 | 20.19 | -10.03 |
| 20Q2 (6) | 1.53 | 101.32 | 25.41 | 1.98 | 88.57 | 4.76 | 59.32 | -50.7 | -20.8 | 45.96 | -46.77 | -4.73 | 46.20 | -49.02 | -8.39 | 59.08 | -49.09 | -18.75 |
| 20Q1 (5) | 0.76 | -39.68 | -9.52 | 1.05 | -46.15 | -22.22 | 120.33 | 66.8 | 11.0 | 86.35 | 84.9 | 28.34 | 90.63 | 61.61 | 15.95 | 116.05 | 84.91 | 18.99 |
| 19Q4 (4) | 1.26 | 21.15 | 0.0 | 1.95 | 8.94 | 0.0 | 72.14 | -17.8 | 0.0 | 46.70 | -8.2 | 0.0 | 56.08 | -6.06 | 0.0 | 62.76 | -20.49 | 0.0 |
| 19Q3 (3) | 1.04 | -14.75 | 0.0 | 1.79 | -5.29 | 0.0 | 87.76 | 17.17 | 0.0 | 50.87 | 5.45 | 0.0 | 59.70 | 18.38 | 0.0 | 78.93 | 8.55 | 0.0 |
| 19Q2 (2) | 1.22 | 45.24 | 0.0 | 1.89 | 40.0 | 0.0 | 74.90 | -30.91 | 0.0 | 48.24 | -28.3 | 0.0 | 50.43 | -35.48 | 0.0 | 72.71 | -25.45 | 0.0 |
| 19Q1 (1) | 0.84 | 0.0 | 0.0 | 1.35 | 0.0 | 0.0 | 108.41 | 0.0 | 0.0 | 67.28 | 0.0 | 0.0 | 78.16 | 0.0 | 0.0 | 97.53 | 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) | 2.95 | -26.8 | 4.04 | -16.53 | 123.68 | 36.48 | 90.45 | 19.99 | 72.68 | 19.07 | 141.45 | 34.77 |
| 2022 (9) | 4.03 | -12.96 | 4.84 | -31.44 | 90.62 | 15.0 | 75.38 | 45.86 | 61.04 | 5.66 | 104.96 | 44.37 |
| 2021 (8) | 4.63 | 13.48 | 7.06 | -5.36 | 78.80 | -11.86 | 51.68 | 5.58 | 57.77 | -14.1 | 72.70 | 2.25 |
| 2020 (7) | 4.08 | -3.09 | 7.46 | -1.45 | 89.40 | 3.19 | 48.95 | 1.45 | 67.25 | 4.39 | 71.10 | 0.89 |
| 2019 (6) | 4.21 | 9.35 | 7.57 | -13.68 | 86.64 | -8.69 | 48.25 | 15.99 | 64.42 | 1.26 | 70.47 | -3.28 |
| 2018 (5) | 3.85 | 6.65 | 8.77 | 9.35 | 94.89 | -6.24 | 41.60 | -8.61 | 63.62 | -9.4 | 72.86 | -4.77 |
| 2017 (4) | 3.61 | -6.96 | 8.02 | 12.96 | 101.20 | 7.69 | 45.52 | -11.46 | 70.22 | 1.15 | 76.51 | 0.72 |
| 2016 (3) | 3.88 | 11.17 | 7.10 | 9.23 | 93.97 | -10.05 | 51.41 | -8.47 | 69.42 | -10.89 | 75.96 | -8.19 |
| 2015 (2) | 3.49 | -21.92 | 6.50 | -6.47 | 104.47 | 27.89 | 56.17 | 6.97 | 77.90 | 10.17 | 82.74 | 30.32 |
| 2014 (1) | 4.47 | -3.25 | 6.95 | 7.59 | 81.69 | 3.39 | 52.51 | -7.06 | 70.71 | 15.44 | 63.49 | -14.49 |
