- 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) | 0.81 | -13.83 | 24.62 | 2.23 | -10.44 | 42.04 | 112.04 | 15.17 | -19.81 | 40.78 | 11.7 | -29.45 | 102.97 | 19.45 | -6.07 | 49.85 | 4.75 | -43.28 |
| 23Q3 (19) | 0.94 | -4.08 | 34.29 | 2.49 | 10.67 | 19.71 | 97.28 | 4.74 | -24.94 | 36.51 | -9.7 | -16.38 | 86.20 | 13.48 | -7.0 | 47.59 | -17.02 | -40.94 |
| 23Q2 (18) | 0.98 | 11.36 | 34.25 | 2.25 | 27.12 | 18.42 | 92.88 | -10.42 | -25.91 | 40.43 | -21.31 | -15.75 | 75.96 | -9.36 | -17.71 | 57.35 | -19.51 | -29.23 |
| 23Q1 (17) | 0.88 | 35.38 | 23.94 | 1.77 | 12.74 | -2.21 | 103.68 | -25.79 | -19.43 | 51.38 | -11.11 | 2.05 | 83.80 | -23.56 | -5.64 | 71.25 | -18.93 | -21.04 |
| 22Q4 (16) | 0.65 | -7.14 | -12.16 | 1.57 | -24.52 | -19.07 | 139.71 | 7.79 | 13.99 | 57.80 | 32.39 | 23.5 | 109.63 | 18.28 | 35.46 | 87.89 | 9.07 | -0.61 |
| 22Q3 (15) | 0.70 | -4.11 | -2.78 | 2.08 | 9.47 | 5.05 | 129.61 | 3.39 | 2.21 | 43.66 | -9.02 | -5.11 | 92.69 | 0.41 | 19.71 | 80.58 | -0.57 | -15.53 |
| 22Q2 (14) | 0.73 | 2.82 | 4.29 | 1.90 | 4.97 | 2.7 | 125.36 | -2.59 | -2.95 | 47.99 | -4.69 | -2.62 | 92.31 | 3.94 | 11.76 | 81.04 | -10.2 | -15.45 |
| 22Q1 (13) | 0.71 | -4.05 | 16.39 | 1.81 | -6.7 | 10.37 | 128.69 | 5.0 | -13.4 | 50.35 | 7.59 | -9.18 | 88.81 | 9.74 | -18.03 | 90.24 | 2.05 | -5.71 |
| 21Q4 (12) | 0.74 | 2.78 | 5.71 | 1.94 | -2.02 | -17.09 | 122.56 | -3.35 | -6.0 | 46.80 | 1.72 | 20.25 | 80.93 | 4.52 | -12.72 | 88.43 | -7.3 | 15.46 |
| 21Q3 (11) | 0.72 | 2.86 | 2.86 | 1.98 | 7.03 | -22.05 | 126.81 | -1.83 | -1.96 | 46.01 | -6.64 | 28.63 | 77.43 | -6.26 | -14.18 | 95.39 | -0.48 | 27.36 |
| 21Q2 (10) | 0.70 | 14.75 | -15.66 | 1.85 | 12.8 | -28.29 | 129.17 | -13.08 | 17.29 | 49.28 | -11.11 | 39.96 | 82.60 | -23.77 | 3.06 | 95.85 | 0.16 | 47.03 |
| 21Q1 (9) | 0.61 | -12.86 | 10.91 | 1.64 | -29.91 | -5.75 | 148.61 | 13.98 | -10.29 | 55.44 | 42.45 | 6.17 | 108.35 | 16.86 | -11.23 | 95.70 | 24.95 | -0.11 |
| 20Q4 (8) | 0.70 | 0.0 | 6.06 | 2.34 | -7.87 | -9.65 | 130.38 | 0.8 | -5.05 | 38.92 | 8.81 | 10.82 | 92.72 | 2.77 | -10.83 | 76.59 | 2.26 | 11.86 |
| 20Q3 (7) | 0.70 | -15.66 | 2.94 | 2.54 | -1.55 | -24.63 | 129.34 | 17.44 | -3.36 | 35.77 | 1.59 | 32.48 | 90.22 | 12.56 | -2.94 | 74.90 | 14.89 | 10.33 |
| 20Q2 (6) | 0.83 | 50.91 | 22.06 | 2.58 | 48.28 | -18.61 | 110.13 | -33.52 | -17.92 | 35.21 | -32.57 | 22.68 | 80.15 | -34.34 | -11.12 | 65.19 | -31.96 | -10.32 |
| 20Q1 (5) | 0.55 | -16.67 | -9.84 | 1.74 | -32.82 | -35.79 | 165.65 | 20.63 | 11.6 | 52.22 | 48.69 | 55.79 | 122.06 | 17.39 | 20.95 | 95.81 | 39.93 | 18.24 |
| 19Q4 (4) | 0.66 | -2.94 | 0.0 | 2.59 | -23.15 | 0.0 | 137.32 | 2.6 | 0.0 | 35.12 | 30.07 | 0.0 | 103.98 | 11.87 | 0.0 | 68.47 | 0.85 | 0.0 |
| 19Q3 (3) | 0.68 | 0.0 | 0.0 | 3.37 | 6.31 | 0.0 | 133.84 | -0.25 | 0.0 | 27.00 | -5.92 | 0.0 | 92.95 | 3.07 | 0.0 | 67.89 | -6.6 | 0.0 |
| 19Q2 (2) | 0.68 | 11.48 | 0.0 | 3.17 | 16.97 | 0.0 | 134.18 | -9.6 | 0.0 | 28.70 | -14.38 | 0.0 | 90.18 | -10.64 | 0.0 | 72.69 | -10.29 | 0.0 |
| 19Q1 (1) | 0.61 | 0.0 | 0.0 | 2.71 | 0.0 | 0.0 | 148.43 | 0.0 | 0.0 | 33.52 | 0.0 | 0.0 | 100.92 | 0.0 | 0.0 | 81.03 | 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) | 3.71 | 12.08 | 8.32 | 11.38 | 98.50 | -10.64 | 43.88 | -10.25 | 87.60 | 6.87 | 54.78 | -29.0 |
| 2022 (9) | 3.31 | 26.34 | 7.47 | -2.1 | 110.23 | -20.89 | 48.89 | 2.22 | 81.97 | -12.15 | 77.16 | -17.78 |
| 2021 (8) | 2.62 | 1.55 | 7.63 | -8.18 | 139.33 | -1.64 | 47.83 | 8.9 | 93.31 | -12.1 | 93.85 | 18.18 |
| 2020 (7) | 2.58 | 4.45 | 8.31 | -13.26 | 141.65 | -4.34 | 43.92 | 15.25 | 106.16 | -1.58 | 79.41 | 1.38 |
| 2019 (6) | 2.47 | -9.52 | 9.58 | -23.91 | 148.07 | 10.59 | 38.11 | 31.46 | 107.86 | 10.4 | 78.33 | 20.17 |
| 2018 (5) | 2.73 | -1.8 | 12.59 | -1.18 | 133.89 | 1.82 | 28.99 | 1.22 | 97.70 | -3.86 | 65.18 | 11.38 |
| 2017 (4) | 2.78 | 13.01 | 12.74 | 4.0 | 131.50 | -11.45 | 28.64 | -3.86 | 101.62 | 1.8 | 58.52 | -25.43 |
| 2016 (3) | 2.46 | 9.82 | 12.25 | 0.33 | 148.51 | -8.88 | 29.79 | -0.37 | 99.82 | -2.51 | 78.48 | -13.28 |
| 2015 (2) | 2.24 | -7.82 | 12.21 | -4.46 | 162.98 | 8.49 | 29.90 | 4.69 | 102.39 | 3.64 | 90.50 | 13.12 |
| 2014 (1) | 2.43 | -5.08 | 12.78 | 1.83 | 150.23 | 5.3 | 28.56 | -1.79 | 98.79 | 7.0 | 80.00 | 0.73 |
