- 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) | 0.80 | -29.82 | -49.04 | 0.71 | -34.86 | -20.22 | 114.18 | 42.83 | 96.83 | 127.93 | 53.37 | 24.7 | 73.78 | 19.97 | 13.95 | 168.33 | 65.27 | 75.62 |
| 23Q3 (19) | 1.14 | -31.74 | -14.93 | 1.09 | -0.91 | 23.86 | 79.94 | 47.0 | 17.77 | 83.41 | 0.99 | -19.54 | 61.50 | -1.63 | -8.26 | 101.85 | 36.8 | -2.54 |
| 23Q2 (18) | 1.67 | 5.03 | 116.88 | 1.10 | 39.24 | 44.74 | 54.38 | -5.01 | -53.83 | 82.59 | -27.89 | -30.77 | 62.52 | -18.99 | -26.39 | 74.45 | -21.3 | -51.07 |
| 23Q1 (17) | 1.59 | 1.27 | 62.24 | 0.79 | -11.24 | -29.46 | 57.25 | -1.31 | -38.43 | 114.53 | 11.64 | 40.65 | 77.18 | 19.2 | 0.18 | 94.60 | -1.3 | -2.85 |
| 22Q4 (16) | 1.57 | 17.16 | -8.19 | 0.89 | 1.14 | -39.46 | 58.01 | -14.54 | 8.96 | 102.59 | -1.03 | 66.19 | 64.75 | -3.42 | 7.22 | 95.85 | -8.28 | 75.61 |
| 22Q3 (15) | 1.34 | 74.03 | -38.53 | 0.88 | 15.79 | -24.79 | 67.88 | -42.37 | 62.82 | 103.66 | -13.1 | 33.36 | 67.04 | -21.06 | 20.45 | 104.50 | -31.32 | 63.9 |
| 22Q2 (14) | 0.77 | -21.43 | -57.22 | 0.76 | -32.14 | -5.0 | 117.79 | 26.68 | 132.33 | 119.29 | 46.49 | 5.35 | 84.93 | 10.24 | 39.53 | 152.16 | 56.25 | 47.66 |
| 22Q1 (13) | 0.98 | -42.69 | -30.0 | 1.12 | -23.81 | 45.45 | 92.98 | 74.64 | 43.05 | 81.43 | 31.91 | -31.51 | 77.04 | 27.57 | 21.32 | 97.38 | 78.42 | -19.12 |
| 21Q4 (12) | 1.71 | -21.56 | 18.75 | 1.47 | 25.64 | 56.38 | 53.24 | 27.7 | -15.8 | 61.73 | -20.58 | -36.39 | 60.39 | 8.5 | 11.4 | 54.58 | -14.4 | -48.54 |
| 21Q3 (11) | 2.18 | 21.11 | 27.49 | 1.17 | 46.25 | 23.16 | 41.69 | -17.77 | -21.84 | 77.73 | -31.35 | -19.12 | 55.66 | -8.56 | -10.15 | 63.76 | -38.13 | -27.14 |
| 21Q2 (10) | 1.80 | 28.57 | 0.0 | 0.80 | 3.9 | -10.11 | 50.70 | -22.0 | 0.16 | 113.23 | -4.77 | 10.15 | 60.87 | -4.14 | -21.83 | 103.05 | -14.41 | 36.4 |
| 21Q1 (9) | 1.40 | -2.78 | -17.16 | 0.77 | -18.09 | -18.95 | 65.00 | 2.8 | 20.55 | 118.90 | 22.53 | 24.19 | 63.50 | 17.14 | -18.0 | 120.40 | 13.52 | 66.69 |
| 20Q4 (8) | 1.44 | -15.79 | -27.27 | 0.94 | -1.05 | -22.95 | 63.23 | 18.54 | 37.4 | 97.04 | 0.97 | 29.84 | 54.21 | -12.49 | 0.63 | 106.06 | 21.2 | 58.56 |
| 20Q3 (7) | 1.71 | -5.0 | -16.99 | 0.95 | 6.74 | 4.4 | 53.34 | 5.37 | 20.68 | 96.11 | -6.51 | -3.71 | 61.95 | -20.44 | 9.96 | 87.51 | 15.83 | -0.18 |
| 20Q2 (6) | 1.80 | 6.51 | -3.23 | 0.89 | -6.32 | 20.27 | 50.62 | -6.12 | 3.6 | 102.80 | 7.37 | -15.85 | 77.87 | 0.56 | 43.8 | 75.55 | 4.6 | -35.36 |
| 20Q1 (5) | 1.69 | -14.65 | -5.06 | 0.95 | -22.13 | 43.94 | 53.92 | 17.17 | 5.44 | 95.74 | 28.1 | -30.76 | 77.44 | 43.75 | 54.91 | 72.23 | 7.98 | -48.19 |
| 19Q4 (4) | 1.98 | -3.88 | 0.0 | 1.22 | 34.07 | 0.0 | 46.02 | 4.12 | 0.0 | 74.74 | -25.12 | 0.0 | 53.87 | -4.38 | 0.0 | 66.89 | -23.7 | 0.0 |
| 19Q3 (3) | 2.06 | 10.75 | 0.0 | 0.91 | 22.97 | 0.0 | 44.20 | -9.54 | 0.0 | 99.81 | -18.3 | 0.0 | 56.34 | 4.04 | 0.0 | 87.67 | -24.99 | 0.0 |
| 19Q2 (2) | 1.86 | 4.49 | 0.0 | 0.74 | 12.12 | 0.0 | 48.86 | -4.46 | 0.0 | 122.16 | -11.65 | 0.0 | 54.15 | 8.32 | 0.0 | 116.87 | -16.17 | 0.0 |
| 19Q1 (1) | 1.78 | 0.0 | 0.0 | 0.66 | 0.0 | 0.0 | 51.14 | 0.0 | 0.0 | 138.27 | 0.0 | 0.0 | 49.99 | 0.0 | 0.0 | 139.42 | 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) | 6.18 | 22.13 | 4.01 | 4.97 | 59.03 | -18.12 | 90.98 | -4.77 | 47.97 | -40.38 | 102.05 | 17.07 |
| 2022 (9) | 5.06 | 7.43 | 3.82 | -6.83 | 72.09 | -6.91 | 95.54 | 7.2 | 80.46 | 6.16 | 87.17 | -3.97 |
| 2021 (8) | 4.71 | -25.71 | 4.10 | -6.82 | 77.44 | 34.47 | 89.12 | 7.48 | 75.79 | 33.15 | 90.77 | 8.59 |
| 2020 (7) | 6.34 | -10.07 | 4.40 | 32.53 | 57.59 | 11.24 | 82.92 | -24.47 | 56.92 | 1.59 | 83.59 | -20.78 |
| 2019 (6) | 7.05 | 15.76 | 3.32 | 6.41 | 51.77 | -13.62 | 109.78 | -6.15 | 56.03 | -8.94 | 105.52 | -8.55 |
| 2018 (5) | 6.09 | 0.16 | 3.12 | -31.58 | 59.93 | -0.2 | 116.98 | 46.1 | 61.53 | -7.33 | 115.39 | 56.52 |
| 2017 (4) | 6.08 | -20.42 | 4.56 | -7.32 | 60.05 | 25.68 | 80.07 | 7.97 | 66.40 | 9.9 | 73.72 | 19.81 |
| 2016 (3) | 7.64 | 21.08 | 4.92 | -3.53 | 47.78 | -17.44 | 74.16 | 3.6 | 60.42 | -11.69 | 61.53 | 0.82 |
| 2015 (2) | 6.31 | 3.27 | 5.10 | -32.98 | 57.87 | -3.07 | 71.58 | 49.28 | 68.42 | 17.54 | 61.03 | 23.44 |
| 2014 (1) | 6.11 | 19.57 | 7.61 | 1.6 | 59.70 | -16.47 | 47.95 | -1.62 | 58.21 | -0.99 | 49.44 | -19.49 |
