- 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) | 0.77 | 20.31 | -13.48 | 0.39 | 8.33 | -63.21 | 118.70 | -17.1 | 16.07 | 236.13 | -6.52 | 174.12 | 41.23 | 60.55 | -19.46 | 313.60 | -15.27 | 128.54 |
| 23Q3 (19) | 0.64 | -36.63 | -51.52 | 0.36 | -52.63 | -72.52 | 143.18 | 59.25 | 108.35 | 252.61 | 110.35 | 263.73 | 25.68 | -43.07 | -43.45 | 370.11 | 124.46 | 299.0 |
| 23Q2 (18) | 1.01 | 42.25 | 13.48 | 0.76 | 10.14 | -29.63 | 89.91 | -29.97 | -11.63 | 120.09 | -8.68 | 42.49 | 45.11 | -38.6 | -24.41 | 164.89 | -11.54 | 30.51 |
| 23Q1 (17) | 0.71 | -20.22 | -26.8 | 0.69 | -34.91 | -55.48 | 128.38 | 25.53 | 36.55 | 131.50 | 52.66 | 123.68 | 73.47 | 43.52 | 86.85 | 186.41 | 35.85 | 64.27 |
| 22Q4 (16) | 0.89 | -32.58 | -24.58 | 1.06 | -19.08 | -3.64 | 102.27 | 48.82 | 33.01 | 86.14 | 24.03 | 4.25 | 51.19 | 12.73 | 38.5 | 137.22 | 47.93 | 11.97 |
| 22Q3 (15) | 1.32 | 48.31 | 103.08 | 1.31 | 21.3 | 235.9 | 68.72 | -32.46 | -51.28 | 69.45 | -17.6 | -70.45 | 45.41 | -23.91 | -40.13 | 92.76 | -26.58 | -69.1 |
| 22Q2 (14) | 0.89 | -8.25 | 17.11 | 1.08 | -30.32 | 140.0 | 101.74 | 8.21 | -15.12 | 84.28 | 43.36 | -58.76 | 59.68 | 51.78 | 8.51 | 126.34 | 11.33 | -53.07 |
| 22Q1 (13) | 0.97 | -17.8 | 106.38 | 1.55 | 40.91 | 369.7 | 94.02 | 22.28 | -51.42 | 58.79 | -28.85 | -78.43 | 39.32 | 6.39 | -55.88 | 113.48 | -7.4 | -69.89 |
| 21Q4 (12) | 1.18 | 81.54 | 180.95 | 1.10 | 182.05 | 69.23 | 76.89 | -45.49 | -64.24 | 82.63 | -64.84 | -41.36 | 36.96 | -51.27 | -57.29 | 122.55 | -59.18 | -54.5 |
| 21Q3 (11) | 0.65 | -14.47 | -40.37 | 0.39 | -13.33 | -74.17 | 141.05 | 17.67 | 68.5 | 234.99 | 14.98 | 290.87 | 75.85 | 37.91 | 125.48 | 300.19 | 11.5 | 172.43 |
| 21Q2 (10) | 0.76 | 61.7 | -43.28 | 0.45 | 36.36 | -42.31 | 119.87 | -38.06 | 76.57 | 204.37 | -25.01 | 75.53 | 55.00 | -38.29 | 22.14 | 269.23 | -28.57 | 93.29 |
| 21Q1 (9) | 0.47 | 11.9 | -16.07 | 0.33 | -49.23 | 43.48 | 193.52 | -9.99 | 18.22 | 272.52 | 93.4 | -31.23 | 89.13 | 3.0 | -31.4 | 376.91 | 39.92 | -12.35 |
| 20Q4 (8) | 0.42 | -61.47 | -54.35 | 0.65 | -56.95 | 18.18 | 214.99 | 156.83 | 116.75 | 140.91 | 134.38 | -14.81 | 86.53 | 157.22 | 27.03 | 269.37 | 144.46 | 37.1 |
| 20Q3 (7) | 1.09 | -18.66 | 31.33 | 1.51 | 93.59 | 160.34 | 83.71 | 23.3 | -23.64 | 60.12 | -48.36 | -61.8 | 33.64 | -25.29 | -67.24 | 110.19 | -20.89 | -32.95 |
| 20Q2 (6) | 1.34 | 139.29 | 61.45 | 0.78 | 239.13 | -27.78 | 67.89 | -58.53 | -38.37 | 116.43 | -70.62 | 38.41 | 45.03 | -65.34 | -44.83 | 139.29 | -67.61 | 23.65 |
| 20Q1 (5) | 0.56 | -39.13 | -46.15 | 0.23 | -58.18 | -84.97 | 163.70 | 65.04 | 87.79 | 396.25 | 139.57 | 566.41 | 129.93 | 90.74 | 128.07 | 430.02 | 118.87 | 379.67 |
| 19Q4 (4) | 0.92 | 10.84 | 0.0 | 0.55 | -5.17 | 0.0 | 99.19 | -9.52 | 0.0 | 165.40 | 5.1 | 0.0 | 68.12 | -33.66 | 0.0 | 196.47 | 19.55 | 0.0 |
| 19Q3 (3) | 0.83 | 0.0 | 0.0 | 0.58 | -46.3 | 0.0 | 109.63 | -0.47 | 0.0 | 157.38 | 87.09 | 0.0 | 102.68 | 25.8 | 0.0 | 164.34 | 45.89 | 0.0 |
| 19Q2 (2) | 0.83 | -20.19 | 0.0 | 1.08 | -29.41 | 0.0 | 110.15 | 26.36 | 0.0 | 84.12 | 41.47 | 0.0 | 81.62 | 43.27 | 0.0 | 112.65 | 25.66 | 0.0 |
| 19Q1 (1) | 1.04 | 0.0 | 0.0 | 1.53 | 0.0 | 0.0 | 87.17 | 0.0 | 0.0 | 59.46 | 0.0 | 0.0 | 56.97 | 0.0 | 0.0 | 89.65 | 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) | 2.58 | -38.42 | 2.08 | -60.23 | 141.54 | 62.28 | 175.80 | 151.83 | 72.14 | 84.22 | 245.20 | 108.03 |
| 2022 (9) | 4.19 | 61.78 | 5.23 | 86.79 | 87.22 | -38.02 | 69.81 | -46.43 | 39.16 | -41.92 | 117.87 | -42.12 |
| 2021 (8) | 2.59 | -44.3 | 2.80 | -26.89 | 140.73 | 79.3 | 130.32 | 36.7 | 67.42 | 105.67 | 203.63 | 44.39 |
| 2020 (7) | 4.65 | 22.69 | 3.83 | 17.48 | 78.49 | -18.43 | 95.33 | -14.79 | 32.78 | -37.51 | 141.03 | -9.39 |
| 2019 (6) | 3.79 | -9.33 | 3.26 | -35.45 | 96.23 | 10.3 | 111.88 | 54.87 | 52.46 | -26.59 | 155.65 | 76.83 |
| 2018 (5) | 4.18 | 13.28 | 5.05 | -0.98 | 87.24 | -11.9 | 72.24 | 0.85 | 71.46 | -10.43 | 88.02 | -3.14 |
| 2017 (4) | 3.69 | 45.28 | 5.10 | 7.82 | 99.02 | -31.01 | 71.63 | -7.12 | 79.78 | -9.87 | 90.87 | -31.23 |
| 2016 (3) | 2.54 | -25.95 | 4.73 | -29.72 | 143.53 | 34.95 | 77.12 | 42.24 | 88.52 | 54.89 | 132.13 | 27.76 |
| 2015 (2) | 3.43 | -32.48 | 6.73 | -18.72 | 106.36 | 48.05 | 54.22 | 23.0 | 57.15 | 49.41 | 103.42 | 33.15 |
| 2014 (1) | 5.08 | -6.62 | 8.28 | -0.48 | 71.84 | 7.08 | 44.08 | 0.5 | 38.25 | -11.01 | 77.67 | 14.27 |
