- 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) | 2.55 | 7.14 | 3.24 | 1.21 | 3.42 | -1.63 | 35.67 | -6.6 | -3.31 | 75.24 | -2.87 | 1.47 | 23.54 | -9.5 | -26.8 | 87.37 | -2.54 | 10.75 |
| 23Q3 (19) | 2.38 | 1.71 | -8.46 | 1.17 | 0.0 | -18.75 | 38.19 | -1.62 | 9.05 | 77.46 | -0.18 | 22.16 | 26.01 | 2.32 | 16.22 | 89.65 | -1.49 | 17.88 |
| 23Q2 (18) | 2.34 | -13.01 | -20.41 | 1.17 | 0.0 | -9.3 | 38.82 | 14.58 | 25.27 | 77.60 | -0.54 | 10.31 | 25.42 | -15.21 | 11.15 | 91.01 | 11.08 | 15.98 |
| 23Q1 (17) | 2.69 | 8.91 | -6.27 | 1.17 | -4.88 | -15.83 | 33.88 | -8.16 | 6.94 | 78.02 | 5.22 | 19.08 | 29.98 | -6.78 | 45.25 | 81.93 | 3.85 | 7.03 |
| 22Q4 (16) | 2.47 | -5.0 | 10.27 | 1.23 | -14.58 | -16.33 | 36.89 | 5.34 | -9.36 | 74.15 | 16.94 | 19.83 | 32.16 | 43.7 | 10.52 | 78.89 | 3.73 | 7.36 |
| 22Q3 (15) | 2.60 | -11.56 | 12.55 | 1.44 | 11.63 | -31.75 | 35.02 | 13.0 | -11.12 | 63.41 | -9.86 | 47.36 | 22.38 | -2.14 | -16.46 | 76.05 | -3.08 | 36.68 |
| 22Q2 (14) | 2.94 | 2.44 | 49.24 | 1.29 | -7.19 | -33.51 | 30.99 | -2.18 | -32.91 | 70.35 | 7.37 | 49.84 | 22.87 | 10.8 | -20.31 | 78.47 | 2.51 | 21.77 |
| 22Q1 (13) | 2.87 | 28.12 | 23.71 | 1.39 | -5.44 | -44.84 | 31.68 | -22.16 | -19.12 | 65.52 | 5.88 | 81.55 | 20.64 | -29.07 | -22.46 | 76.55 | 4.18 | 57.38 |
| 21Q4 (12) | 2.24 | -3.03 | -20.57 | 1.47 | -30.33 | -37.45 | 40.70 | 3.3 | 26.05 | 61.88 | 43.81 | 59.98 | 29.10 | 8.62 | 6.67 | 73.48 | 32.06 | 68.18 |
| 21Q3 (11) | 2.31 | 17.26 | -13.16 | 2.11 | 8.76 | 1.93 | 39.40 | -14.7 | 15.07 | 43.03 | -8.35 | -2.03 | 26.79 | -6.66 | 10.2 | 55.64 | -13.66 | 3.34 |
| 21Q2 (10) | 1.97 | -15.09 | 16.57 | 1.94 | -23.02 | 30.2 | 46.19 | 17.92 | -14.26 | 46.95 | 30.09 | -23.05 | 28.70 | 7.81 | 14.62 | 64.44 | 32.48 | -28.28 |
| 21Q1 (9) | 2.32 | -17.73 | -0.43 | 2.52 | 7.23 | 38.46 | 39.17 | 21.31 | 0.13 | 36.09 | -6.7 | -27.68 | 26.62 | -2.42 | 12.84 | 48.64 | 11.33 | -25.65 |
| 20Q4 (8) | 2.82 | 6.02 | 22.61 | 2.35 | 13.53 | 18.69 | 32.29 | -5.7 | -18.25 | 38.68 | -11.93 | -15.73 | 27.28 | 12.22 | 15.94 | 43.69 | -18.85 | -29.38 |
| 20Q3 (7) | 2.66 | 57.4 | 30.39 | 2.07 | 38.93 | 10.11 | 34.24 | -36.44 | -23.31 | 43.92 | -28.01 | -9.42 | 24.31 | -2.92 | 1.8 | 53.84 | -40.08 | -22.26 |
| 20Q2 (6) | 1.69 | -27.47 | -29.29 | 1.49 | -18.13 | -16.76 | 53.87 | 37.7 | 41.21 | 61.01 | 22.26 | 20.12 | 25.04 | 6.15 | 4.73 | 89.85 | 37.34 | 38.19 |
| 20Q1 (5) | 2.33 | 1.3 | 24.6 | 1.82 | -8.08 | 40.0 | 39.12 | -0.96 | -19.42 | 49.90 | 8.71 | -28.96 | 23.59 | 0.25 | -34.64 | 65.42 | 5.74 | -20.89 |
| 19Q4 (4) | 2.30 | 12.75 | 0.0 | 1.98 | 5.32 | 0.0 | 39.50 | -11.53 | 0.0 | 45.90 | -5.34 | 0.0 | 23.53 | -1.47 | 0.0 | 61.87 | -10.67 | 0.0 |
| 19Q3 (3) | 2.04 | -14.64 | 0.0 | 1.88 | 5.03 | 0.0 | 44.65 | 17.04 | 0.0 | 48.49 | -4.53 | 0.0 | 23.88 | -0.13 | 0.0 | 69.26 | 6.52 | 0.0 |
| 19Q2 (2) | 2.39 | 27.81 | 0.0 | 1.79 | 37.69 | 0.0 | 38.15 | -21.42 | 0.0 | 50.79 | -27.69 | 0.0 | 23.91 | -33.75 | 0.0 | 65.02 | -21.37 | 0.0 |
| 19Q1 (1) | 1.87 | 0.0 | 0.0 | 1.30 | 0.0 | 0.0 | 48.55 | 0.0 | 0.0 | 70.24 | 0.0 | 0.0 | 36.09 | 0.0 | 0.0 | 82.69 | 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) | 10.63 | 4.42 | 4.73 | -21.04 | 34.35 | -4.18 | 77.21 | 26.66 | 30.03 | 31.88 | 81.52 | 10.1 |
| 2022 (9) | 10.18 | -0.68 | 5.99 | -14.91 | 35.85 | 0.65 | 60.96 | 17.66 | 22.77 | 4.74 | 74.04 | 12.69 |
| 2021 (8) | 10.25 | 26.23 | 7.04 | -9.16 | 35.62 | -20.77 | 51.81 | 10.05 | 21.74 | -28.65 | 65.70 | 6.71 |
| 2020 (7) | 8.12 | -11.83 | 7.75 | -6.06 | 44.96 | 13.45 | 47.08 | 6.44 | 30.47 | 13.99 | 61.57 | 7.77 |
| 2019 (6) | 9.21 | 5.62 | 8.25 | 18.03 | 39.63 | -5.28 | 44.23 | -15.3 | 26.73 | -5.68 | 57.13 | -13.06 |
| 2018 (5) | 8.72 | -7.72 | 6.99 | 4.95 | 41.84 | 8.34 | 52.22 | -4.67 | 28.34 | -1.29 | 65.71 | 1.58 |
| 2017 (4) | 9.45 | -6.99 | 6.66 | 6.05 | 38.62 | 7.52 | 54.78 | -5.71 | 28.71 | -2.08 | 64.69 | -0.02 |
| 2016 (3) | 10.16 | -1.45 | 6.28 | 3.46 | 35.92 | 1.47 | 58.10 | -3.42 | 29.32 | 34.43 | 64.70 | -12.26 |
| 2015 (2) | 10.31 | -4.45 | 6.07 | -15.1 | 35.40 | 4.64 | 60.16 | 17.85 | 21.81 | 6.29 | 73.74 | 14.57 |
| 2014 (1) | 10.79 | 4.86 | 7.15 | -11.62 | 33.83 | -4.6 | 51.05 | 13.14 | 20.52 | -22.92 | 64.36 | 19.27 |
