- 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) | 0.67 | -11.84 | -5.63 | 1.18 | -7.09 | -2.48 | 135.17 | 13.53 | 5.61 | 77.17 | 7.67 | 2.65 | 79.08 | 23.99 | -14.46 | 133.26 | 4.97 | 20.36 |
| 23Q3 (19) | 0.76 | 16.92 | -11.63 | 1.27 | 38.04 | 0.0 | 119.06 | -14.39 | 12.84 | 71.67 | -27.43 | 0.2 | 63.78 | -28.75 | -20.8 | 126.95 | -14.41 | 31.54 |
| 23Q2 (18) | 0.65 | 22.64 | -24.42 | 0.92 | 1.1 | -16.36 | 139.08 | -18.47 | 31.26 | 98.76 | -1.72 | 19.32 | 89.51 | -20.29 | 17.36 | 148.33 | -6.58 | 31.91 |
| 23Q1 (17) | 0.53 | -25.35 | -15.87 | 0.91 | -24.79 | 3.41 | 170.58 | 33.28 | 17.41 | 100.49 | 33.67 | -2.75 | 112.29 | 21.46 | 9.75 | 158.78 | 43.41 | 8.54 |
| 22Q4 (16) | 0.71 | -17.44 | 7.58 | 1.21 | -4.72 | 15.24 | 127.99 | 21.31 | -7.69 | 75.18 | 5.1 | -13.65 | 92.45 | 14.8 | -14.6 | 110.72 | 14.72 | -5.73 |
| 22Q3 (15) | 0.86 | 0.0 | 13.16 | 1.27 | 15.45 | -2.31 | 105.51 | -0.42 | -11.8 | 71.53 | -13.58 | 1.89 | 80.53 | 5.59 | -13.06 | 96.51 | -14.18 | -0.7 |
| 22Q2 (14) | 0.86 | 36.51 | -7.53 | 1.10 | 25.0 | -27.63 | 105.96 | -27.06 | 8.44 | 82.77 | -19.9 | 38.0 | 76.27 | -25.45 | -6.34 | 112.45 | -23.13 | 47.46 |
| 22Q1 (13) | 0.63 | -4.55 | 1.61 | 0.88 | -16.19 | -31.25 | 145.28 | 4.78 | -1.11 | 103.33 | 18.69 | 45.84 | 102.31 | -5.5 | -11.82 | 146.29 | 24.56 | 43.79 |
| 21Q4 (12) | 0.66 | -13.16 | -5.71 | 1.05 | -19.23 | -35.98 | 138.65 | 15.91 | 5.91 | 87.06 | 24.02 | 57.26 | 108.26 | 16.87 | 12.47 | 117.45 | 20.85 | 30.49 |
| 21Q3 (11) | 0.76 | -18.28 | 38.18 | 1.30 | -14.47 | 32.65 | 119.62 | 22.42 | -28.14 | 70.20 | 17.04 | -24.54 | 92.63 | 13.75 | -26.66 | 97.19 | 27.45 | -27.03 |
| 21Q2 (10) | 0.93 | 50.0 | -7.0 | 1.52 | 18.75 | 0.66 | 97.71 | -33.49 | 7.59 | 59.98 | -15.34 | -0.15 | 81.43 | -29.82 | 15.23 | 76.26 | -25.04 | -4.94 |
| 21Q1 (9) | 0.62 | -11.43 | 14.81 | 1.28 | -21.95 | 19.63 | 146.91 | 12.22 | -13.27 | 70.85 | 27.98 | -16.31 | 116.03 | 20.54 | -1.37 | 101.74 | 13.03 | -25.42 |
| 20Q4 (8) | 0.70 | 27.27 | -2.78 | 1.64 | 67.35 | 0.61 | 130.91 | -21.36 | 3.49 | 55.36 | -40.49 | -0.7 | 96.26 | -23.79 | 9.86 | 90.01 | -32.42 | -4.87 |
| 20Q3 (7) | 0.55 | -45.0 | -23.61 | 0.98 | -35.1 | -40.61 | 166.47 | 83.3 | 32.37 | 93.03 | 54.87 | 68.2 | 126.31 | 78.73 | 68.39 | 133.20 | 66.04 | 25.59 |
| 20Q2 (6) | 1.00 | 85.19 | 49.25 | 1.51 | 41.12 | 0.67 | 90.82 | -46.38 | -33.49 | 60.07 | -29.05 | -1.05 | 70.67 | -39.93 | -8.33 | 80.22 | -41.19 | -33.24 |
| 20Q1 (5) | 0.54 | -25.0 | -5.26 | 1.07 | -34.36 | -22.46 | 169.39 | 33.92 | 6.82 | 84.66 | 51.86 | 28.62 | 117.64 | 34.26 | 21.15 | 136.41 | 44.17 | 7.16 |
| 19Q4 (4) | 0.72 | 0.0 | 0.0 | 1.63 | -1.21 | 0.0 | 126.49 | 0.58 | 0.0 | 55.75 | 0.8 | 0.0 | 87.62 | 16.81 | 0.0 | 94.62 | -10.79 | 0.0 |
| 19Q3 (3) | 0.72 | 7.46 | 0.0 | 1.65 | 10.0 | 0.0 | 125.76 | -7.9 | 0.0 | 55.31 | -8.89 | 0.0 | 75.01 | -2.7 | 0.0 | 106.06 | -11.74 | 0.0 |
| 19Q2 (2) | 0.67 | 17.54 | 0.0 | 1.50 | 8.7 | 0.0 | 136.55 | -13.89 | 0.0 | 60.71 | -7.76 | 0.0 | 77.09 | -20.61 | 0.0 | 120.17 | -5.59 | 0.0 |
| 19Q1 (1) | 0.57 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 158.57 | 0.0 | 0.0 | 65.82 | 0.0 | 0.0 | 97.10 | 0.0 | 0.0 | 127.29 | 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) | 2.24 | -21.68 | 4.12 | -13.63 | 162.64 | 27.24 | 88.55 | 15.78 | 100.33 | 10.19 | 150.86 | 33.21 |
| 2022 (9) | 2.86 | 4.76 | 4.77 | -7.92 | 127.82 | -4.35 | 76.48 | 8.62 | 91.05 | -9.45 | 113.25 | 9.42 |
| 2021 (8) | 2.73 | 11.89 | 5.18 | -9.12 | 133.63 | -10.69 | 70.41 | 10.03 | 100.55 | -9.94 | 103.50 | 1.51 |
| 2020 (7) | 2.44 | -6.15 | 5.70 | -2.9 | 149.62 | 6.63 | 63.99 | 2.89 | 111.65 | 11.96 | 101.96 | -0.82 |
| 2019 (6) | 2.60 | -6.81 | 5.87 | -15.05 | 140.32 | 7.25 | 62.19 | 17.78 | 99.72 | 1.55 | 102.80 | 20.32 |
| 2018 (5) | 2.79 | 28.57 | 6.91 | 4.22 | 130.84 | -22.06 | 52.80 | -4.07 | 98.20 | -9.73 | 85.44 | -25.13 |
| 2017 (4) | 2.17 | 6.9 | 6.63 | 1.38 | 167.87 | -6.83 | 55.04 | -1.34 | 108.79 | -0.26 | 114.12 | -10.06 |
| 2016 (3) | 2.03 | -7.73 | 6.54 | 5.31 | 180.17 | 8.44 | 55.79 | -5.01 | 109.07 | -4.43 | 126.89 | 14.57 |
| 2015 (2) | 2.20 | -0.45 | 6.21 | 44.08 | 166.14 | 0.79 | 58.73 | -30.58 | 114.12 | -11.77 | 110.75 | -7.77 |
| 2014 (1) | 2.21 | -16.92 | 4.31 | -20.63 | 164.83 | 20.08 | 84.60 | 25.82 | 129.35 | 28.98 | 120.08 | 15.22 |
