- 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) | 2.40 | 90.48 | 42.01 | 0.95 | 280.0 | 30.14 | 37.88 | -47.61 | -29.59 | 95.82 | -73.34 | -23.36 | 47.97 | -67.76 | -17.44 | 85.74 | -69.7 | -28.98 |
| 23Q3 (19) | 1.26 | -21.25 | 18.87 | 0.25 | -32.43 | 0.0 | 72.31 | 27.44 | -16.14 | 359.42 | 47.89 | -2.47 | 148.80 | 72.24 | -7.21 | 282.93 | 32.59 | -3.89 |
| 23Q2 (18) | 1.60 | 128.57 | 42.86 | 0.37 | 60.87 | 23.33 | 56.74 | -56.24 | -30.34 | 243.04 | -39.62 | -19.8 | 86.39 | -47.93 | -42.08 | 213.39 | -41.74 | -9.32 |
| 23Q1 (17) | 0.70 | -58.58 | 7.69 | 0.23 | -68.49 | -14.81 | 129.65 | 140.99 | -7.62 | 402.52 | 221.96 | 18.64 | 165.90 | 185.54 | -9.37 | 366.26 | 203.4 | 23.5 |
| 22Q4 (16) | 1.69 | 59.43 | 9.03 | 0.73 | 192.0 | 21.67 | 53.80 | -37.61 | -8.29 | 125.02 | -66.08 | -17.92 | 58.10 | -63.77 | -23.52 | 120.72 | -58.99 | -10.58 |
| 22Q3 (15) | 1.06 | -5.36 | -6.19 | 0.25 | -16.67 | -3.85 | 86.23 | 5.87 | 7.17 | 368.53 | 21.62 | 6.54 | 160.37 | 7.52 | -1.99 | 294.39 | 25.1 | 12.04 |
| 22Q2 (14) | 1.12 | 72.31 | 9.8 | 0.30 | 11.11 | -11.76 | 81.45 | -41.96 | -8.84 | 303.03 | -10.68 | 12.88 | 149.16 | -18.51 | 13.55 | 235.32 | -20.65 | 3.92 |
| 22Q1 (13) | 0.65 | -58.06 | -12.16 | 0.27 | -55.0 | -20.59 | 140.34 | 139.24 | 14.47 | 339.27 | 122.75 | 26.66 | 183.05 | 140.95 | 10.06 | 296.56 | 119.67 | 32.31 |
| 21Q4 (12) | 1.55 | 37.17 | -9.88 | 0.60 | 130.77 | -38.78 | 58.66 | -27.09 | 10.74 | 152.31 | -55.97 | 63.34 | 75.97 | -53.57 | 20.91 | 135.00 | -48.62 | 61.89 |
| 21Q3 (11) | 1.13 | 10.78 | 39.51 | 0.26 | -23.53 | -18.75 | 80.46 | -9.95 | -28.49 | 345.91 | 28.85 | 22.54 | 163.62 | 24.56 | -5.27 | 262.75 | 16.04 | 18.31 |
| 21Q2 (10) | 1.02 | 37.84 | -28.67 | 0.34 | 0.0 | -69.37 | 89.35 | -27.12 | 40.73 | 268.45 | 0.22 | 226.7 | 131.36 | -21.02 | -2.91 | 226.44 | 1.03 | 2085.71 |
| 21Q1 (9) | 0.74 | -56.98 | -27.45 | 0.34 | -65.31 | -66.67 | 122.60 | 131.45 | 37.23 | 267.86 | 187.25 | 198.95 | 166.32 | 164.71 | -1.35 | 224.14 | 168.79 | 2065.6 |
| 20Q4 (8) | 1.72 | 112.35 | 8.18 | 0.98 | 206.25 | -44.63 | 52.97 | -52.92 | -7.69 | 93.25 | -66.97 | 81.1 | 62.83 | -63.62 | -17.75 | 83.39 | -62.45 | 156.82 |
| 20Q3 (7) | 0.81 | -43.36 | -33.61 | 0.32 | -71.17 | -64.84 | 112.51 | 77.21 | 51.22 | 282.29 | 243.54 | 183.17 | 172.72 | 27.66 | 82.54 | 222.08 | 2043.63 | 179.45 |
| 20Q2 (6) | 1.43 | 40.2 | 0.7 | 1.11 | 8.82 | 13.27 | 63.49 | -28.93 | -1.11 | 82.17 | -8.29 | -11.11 | 135.30 | -19.75 | 61.17 | 10.36 | 0.1 | -85.75 |
| 20Q1 (5) | 1.02 | -35.85 | 14.61 | 1.02 | -42.37 | 54.55 | 89.34 | 55.7 | -12.66 | 89.60 | 74.01 | -34.95 | 168.59 | 120.7 | 11.68 | 10.35 | -68.12 | -88.38 |
| 19Q4 (4) | 1.59 | 30.33 | 0.0 | 1.77 | 94.51 | 0.0 | 57.38 | -22.88 | 0.0 | 51.49 | -48.35 | 0.0 | 76.39 | -19.27 | 0.0 | 32.47 | -59.14 | 0.0 |
| 19Q3 (3) | 1.22 | -14.08 | 0.0 | 0.91 | -7.14 | 0.0 | 74.40 | 15.89 | 0.0 | 99.69 | 7.84 | 0.0 | 94.62 | 12.71 | 0.0 | 79.47 | 9.33 | 0.0 |
| 19Q2 (2) | 1.42 | 59.55 | 0.0 | 0.98 | 48.48 | 0.0 | 64.20 | -37.24 | 0.0 | 92.44 | -32.89 | 0.0 | 83.95 | -44.39 | 0.0 | 72.69 | -18.4 | 0.0 |
| 19Q1 (1) | 0.89 | 0.0 | 0.0 | 0.66 | 0.0 | 0.0 | 102.29 | 0.0 | 0.0 | 137.75 | 0.0 | 0.0 | 150.96 | 0.0 | 0.0 | 89.08 | 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) | 3.56 | 11.6 | 2.11 | 12.83 | 102.65 | -10.33 | 172.69 | -11.51 | 98.02 | -6.29 | 177.32 | -13.52 |
| 2022 (9) | 3.19 | -1.24 | 1.87 | 8.09 | 114.48 | 1.35 | 195.16 | -7.27 | 104.60 | -23.11 | 205.04 | 9.43 |
| 2021 (8) | 3.23 | -18.64 | 1.73 | -43.46 | 112.95 | 22.81 | 210.46 | 76.59 | 136.04 | 5.45 | 187.37 | 128.11 |
| 2020 (7) | 3.97 | -0.75 | 3.06 | -33.04 | 91.97 | 0.87 | 119.18 | 49.37 | 129.01 | 4.55 | 82.14 | 72.64 |
| 2019 (6) | 4.00 | -5.88 | 4.57 | 26.59 | 91.18 | 6.05 | 79.79 | -21.02 | 123.39 | -13.09 | 47.58 | 5.66 |
| 2018 (5) | 4.25 | -29.75 | 3.61 | 0.0 | 85.98 | 42.45 | 101.02 | -0.07 | 141.97 | 8.81 | 45.03 | 45.4 |
| 2017 (4) | 6.05 | 32.68 | 3.61 | 10.06 | 60.36 | -24.51 | 101.09 | -9.16 | 130.48 | -1.43 | 30.97 | -47.39 |
| 2016 (3) | 4.56 | 10.95 | 3.28 | -10.14 | 79.96 | -9.92 | 111.28 | 11.18 | 132.37 | 10.53 | 58.87 | -14.82 |
| 2015 (2) | 4.11 | 5.93 | 3.65 | 5.19 | 88.77 | -5.71 | 100.09 | -4.87 | 119.76 | 0.44 | 69.11 | -13.76 |
| 2014 (1) | 3.88 | -5.6 | 3.47 | -19.49 | 94.15 | 6.1 | 105.21 | 24.1 | 119.23 | -3.87 | 80.14 | 61.93 |
