- 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) | 1.56 | -39.77 | 0.0 | 1.15 | -47.0 | 16.16 | 58.15 | 65.81 | -0.31 | 78.96 | 88.4 | -13.93 | 37.42 | 52.42 | -17.67 | 99.69 | 90.14 | -4.7 |
| 23Q3 (19) | 2.59 | -6.5 | -11.9 | 2.17 | 8.5 | 5.85 | 35.07 | 6.66 | 13.28 | 41.91 | -7.95 | -5.57 | 24.55 | -5.61 | 3.32 | 52.43 | 0.06 | 1.65 |
| 23Q2 (18) | 2.77 | 33.82 | 21.49 | 2.00 | 68.07 | 40.85 | 32.88 | -25.07 | -17.7 | 45.53 | -40.71 | -29.01 | 26.01 | -24.61 | -17.98 | 52.40 | -39.19 | -27.6 |
| 23Q1 (17) | 2.07 | 32.69 | -28.37 | 1.19 | 20.2 | -13.14 | 43.88 | -24.77 | 39.43 | 76.79 | -16.3 | 15.67 | 34.50 | -24.09 | 16.67 | 86.17 | -17.63 | 26.18 |
| 22Q4 (16) | 1.56 | -46.94 | -19.17 | 0.99 | -51.71 | -20.16 | 58.33 | 88.4 | 23.48 | 91.74 | 106.71 | 25.41 | 45.45 | 91.29 | 5.06 | 104.61 | 102.81 | 35.63 |
| 22Q3 (15) | 2.94 | 28.95 | -10.37 | 2.05 | 44.37 | -8.07 | 30.96 | -22.5 | 11.65 | 44.38 | -30.81 | 8.91 | 23.76 | -25.07 | -31.19 | 51.58 | -28.74 | 51.97 |
| 22Q2 (14) | 2.28 | -21.11 | -27.85 | 1.42 | 3.65 | -28.64 | 39.95 | 26.95 | 38.81 | 64.14 | -3.39 | 40.6 | 31.71 | 7.24 | -17.31 | 72.38 | 5.99 | 100.72 |
| 22Q1 (13) | 2.89 | 49.74 | -11.35 | 1.37 | 10.48 | -14.91 | 31.47 | -33.38 | 12.84 | 66.39 | -9.24 | 17.71 | 29.57 | -31.65 | -26.2 | 68.29 | -11.46 | 54.43 |
| 21Q4 (12) | 1.93 | -41.16 | -0.52 | 1.24 | -44.39 | -13.29 | 47.24 | 70.36 | 0.62 | 73.15 | 79.51 | 14.64 | 43.26 | 25.28 | -25.67 | 77.13 | 127.25 | 46.75 |
| 21Q3 (11) | 3.28 | 3.8 | -3.81 | 2.23 | 12.06 | -16.79 | 27.73 | -3.65 | 3.86 | 40.75 | -10.68 | 19.85 | 34.53 | -9.96 | -12.78 | 33.94 | -5.88 | 60.78 |
| 21Q2 (10) | 3.16 | -3.07 | 0.0 | 1.99 | 23.6 | -2.45 | 28.78 | 3.19 | 0.0 | 45.62 | -19.11 | 2.52 | 38.35 | -4.29 | -16.05 | 36.06 | -18.45 | 30.6 |
| 21Q1 (9) | 3.26 | 68.04 | 134.53 | 1.61 | 12.59 | 43.75 | 27.89 | -40.6 | -57.38 | 56.40 | -11.61 | -30.29 | 40.07 | -31.15 | -43.65 | 44.22 | -15.87 | -41.23 |
| 20Q4 (8) | 1.94 | -43.11 | -6.73 | 1.43 | -46.64 | -29.56 | 46.95 | 75.84 | 7.27 | 63.81 | 87.68 | 42.31 | 58.20 | 47.01 | 25.49 | 52.56 | 148.98 | 24.49 |
| 20Q3 (7) | 3.41 | 7.91 | 10.0 | 2.68 | 31.37 | -4.96 | 26.70 | -7.23 | -8.94 | 34.00 | -23.6 | 5.23 | 39.59 | -13.33 | 11.87 | 21.11 | -23.54 | -19.58 |
| 20Q2 (6) | 3.16 | 127.34 | -16.18 | 2.04 | 82.14 | -14.64 | 28.78 | -56.02 | 19.07 | 44.50 | -45.0 | 16.89 | 45.68 | -35.76 | 49.67 | 27.61 | -63.3 | -12.96 |
| 20Q1 (5) | 1.39 | -33.17 | -58.51 | 1.12 | -44.83 | -34.88 | 65.44 | 49.51 | 141.03 | 80.91 | 80.44 | 53.33 | 71.11 | 53.32 | 137.35 | 75.24 | 78.21 | 50.6 |
| 19Q4 (4) | 2.08 | -32.9 | 0.0 | 2.03 | -28.01 | 0.0 | 43.77 | 49.28 | 0.0 | 44.84 | 38.78 | 0.0 | 46.38 | 31.05 | 0.0 | 42.22 | 60.84 | 0.0 |
| 19Q3 (3) | 3.10 | -17.77 | 0.0 | 2.82 | 17.99 | 0.0 | 29.32 | 21.31 | 0.0 | 32.31 | -15.13 | 0.0 | 35.39 | 15.96 | 0.0 | 26.25 | -17.24 | 0.0 |
| 19Q2 (2) | 3.77 | 12.54 | 0.0 | 2.39 | 38.95 | 0.0 | 24.17 | -10.98 | 0.0 | 38.07 | -27.86 | 0.0 | 30.52 | 1.87 | 0.0 | 31.72 | -36.51 | 0.0 |
| 19Q1 (1) | 3.35 | 0.0 | 0.0 | 1.72 | 0.0 | 0.0 | 27.15 | 0.0 | 0.0 | 52.77 | 0.0 | 0.0 | 29.96 | 0.0 | 0.0 | 49.96 | 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) | 13.01 | 0.54 | 7.09 | 10.09 | 28.06 | -0.57 | 51.51 | -9.11 | 21.99 | -4.02 | 57.59 | -7.08 |
| 2022 (9) | 12.94 | -19.58 | 6.44 | -17.12 | 28.22 | 24.43 | 56.67 | 20.68 | 22.91 | -3.82 | 61.98 | 35.24 |
| 2021 (8) | 16.09 | 32.87 | 7.77 | 5.43 | 22.68 | -24.78 | 46.96 | -5.23 | 23.82 | -37.0 | 45.83 | 9.43 |
| 2020 (7) | 12.11 | -16.88 | 7.37 | -21.6 | 30.15 | 20.31 | 49.55 | 27.54 | 37.81 | 35.37 | 41.88 | 16.4 |
| 2019 (6) | 14.57 | -22.25 | 9.40 | 7.06 | 25.06 | 28.71 | 38.85 | -6.52 | 27.93 | 15.65 | 35.98 | -2.44 |
| 2018 (5) | 18.74 | -7.46 | 8.78 | -5.49 | 19.47 | 8.05 | 41.56 | 5.78 | 24.15 | 6.15 | 36.88 | 6.71 |
| 2017 (4) | 20.25 | 6.69 | 9.29 | -0.32 | 18.02 | -6.29 | 39.29 | 0.36 | 22.75 | -4.69 | 34.56 | 0.14 |
| 2016 (3) | 18.98 | 0.64 | 9.32 | -11.15 | 19.23 | -0.62 | 39.15 | 12.53 | 23.87 | -7.55 | 34.51 | 21.86 |
| 2015 (2) | 18.86 | -0.68 | 10.49 | -14.3 | 19.35 | 0.68 | 34.79 | 16.63 | 25.82 | -12.44 | 28.32 | 44.86 |
| 2014 (1) | 18.99 | -9.31 | 12.24 | -17.3 | 19.22 | 10.27 | 29.83 | 20.92 | 29.49 | -7.9 | 19.55 | 94.14 |
