- 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) | 2.16 | -1.82 | 1.41 | 3.83 | 3.23 | 21.59 | 42.04 | 1.57 | -1.57 | 23.76 | -3.14 | -17.67 | 20.58 | 3.42 | 7.92 | 45.22 | -1.74 | -13.87 |
| 23Q3 (19) | 2.20 | 1.85 | -5.98 | 3.71 | 32.03 | 20.85 | 41.39 | -1.57 | 6.48 | 24.53 | -24.22 | -17.1 | 19.90 | -7.05 | -9.83 | 46.02 | -13.17 | -0.82 |
| 23Q2 (18) | 2.16 | -0.92 | -8.47 | 2.81 | -8.47 | -14.59 | 42.05 | 0.69 | 9.05 | 32.37 | 9.06 | 17.2 | 21.41 | 1.9 | -3.08 | 53.00 | 5.1 | 20.18 |
| 23Q1 (17) | 2.18 | 2.35 | 12.37 | 3.07 | -2.54 | -5.54 | 41.76 | -2.22 | -11.05 | 29.68 | 2.84 | 6.0 | 21.01 | 10.17 | -7.57 | 50.43 | -3.94 | -3.41 |
| 22Q4 (16) | 2.13 | -8.97 | -1.39 | 3.15 | 2.61 | -23.54 | 42.71 | 9.88 | 1.4 | 28.86 | -2.47 | 30.83 | 19.07 | -13.59 | -11.63 | 52.50 | 13.15 | 23.24 |
| 22Q3 (15) | 2.34 | -0.85 | 5.41 | 3.07 | -6.69 | -31.47 | 38.87 | 0.8 | -5.03 | 29.59 | 7.13 | 45.55 | 22.07 | -0.09 | -11.22 | 46.40 | 5.22 | 27.44 |
| 22Q2 (14) | 2.36 | 21.65 | -5.22 | 3.29 | 1.23 | -33.94 | 38.56 | -17.87 | 5.5 | 27.62 | -1.36 | 51.09 | 22.09 | -2.82 | -2.69 | 44.10 | -15.53 | 37.21 |
| 22Q1 (13) | 1.94 | -10.19 | -7.62 | 3.25 | -21.12 | -33.26 | 46.95 | 11.47 | 8.4 | 28.00 | 26.93 | 49.97 | 22.73 | 5.33 | -10.16 | 52.21 | 22.56 | 42.3 |
| 21Q4 (12) | 2.16 | -2.7 | -13.6 | 4.12 | -8.04 | -23.42 | 42.12 | 2.91 | 15.94 | 22.06 | 8.51 | 30.38 | 21.58 | -13.19 | -3.32 | 42.60 | 17.0 | 37.73 |
| 21Q3 (11) | 2.22 | -10.84 | -12.25 | 4.48 | -10.04 | -23.94 | 40.93 | 11.98 | 13.73 | 20.33 | 11.21 | 31.67 | 24.86 | 9.52 | 50.76 | 36.41 | 13.29 | 4.21 |
| 21Q2 (10) | 2.49 | 18.57 | 15.81 | 4.98 | 2.26 | 8.73 | 36.55 | -15.61 | -13.45 | 18.28 | -2.09 | -8.0 | 22.70 | -10.28 | 34.16 | 32.14 | -12.4 | -28.86 |
| 21Q1 (9) | 2.10 | -16.0 | 38.16 | 4.87 | -9.48 | 45.37 | 43.31 | 19.21 | -27.83 | 18.67 | 10.34 | -31.26 | 25.30 | 13.35 | 18.67 | 36.69 | 18.62 | -44.28 |
| 20Q4 (8) | 2.50 | -1.19 | 39.66 | 5.38 | -8.66 | 0.56 | 36.33 | 0.94 | -28.6 | 16.92 | 9.59 | -0.47 | 22.32 | 35.35 | 41.0 | 30.93 | -11.48 | -40.58 |
| 20Q3 (7) | 2.53 | 17.67 | 41.34 | 5.89 | 28.6 | 2.08 | 35.99 | -14.78 | -29.14 | 15.44 | -22.29 | -2.03 | 16.49 | -2.54 | -4.07 | 34.94 | -22.66 | -29.21 |
| 20Q2 (6) | 2.15 | 41.45 | 20.11 | 4.58 | 36.72 | -1.72 | 42.23 | -29.63 | -16.71 | 19.87 | -26.84 | 1.69 | 16.92 | -20.64 | -11.87 | 45.18 | -31.39 | -11.48 |
| 20Q1 (5) | 1.52 | -15.08 | -8.98 | 3.35 | -37.38 | -12.53 | 60.01 | 17.94 | 9.95 | 27.16 | 59.76 | 14.26 | 21.32 | 34.68 | 11.92 | 65.85 | 26.51 | 11.05 |
| 19Q4 (4) | 1.79 | 0.0 | 0.0 | 5.35 | -7.28 | 0.0 | 50.88 | 0.18 | 0.0 | 17.00 | 7.87 | 0.0 | 15.83 | -7.91 | 0.0 | 52.05 | 5.45 | 0.0 |
| 19Q3 (3) | 1.79 | 0.0 | 0.0 | 5.77 | 23.82 | 0.0 | 50.79 | 0.18 | 0.0 | 15.76 | -19.34 | 0.0 | 17.19 | -10.47 | 0.0 | 49.36 | -3.29 | 0.0 |
| 19Q2 (2) | 1.79 | 7.19 | 0.0 | 4.66 | 21.67 | 0.0 | 50.70 | -7.11 | 0.0 | 19.54 | -17.8 | 0.0 | 19.20 | 0.79 | 0.0 | 51.04 | -13.93 | 0.0 |
| 19Q1 (1) | 1.67 | 0.0 | 0.0 | 3.83 | 0.0 | 0.0 | 54.58 | 0.0 | 0.0 | 23.77 | 0.0 | 0.0 | 19.05 | 0.0 | 0.0 | 59.30 | 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) | 8.81 | 0.11 | 14.39 | -5.82 | 41.42 | -0.17 | 25.36 | 6.15 | 17.22 | -8.11 | 49.57 | 6.28 |
| 2022 (9) | 8.80 | -0.68 | 15.28 | -15.35 | 41.49 | 0.75 | 23.89 | 18.15 | 18.74 | -19.22 | 46.64 | 22.06 |
| 2021 (8) | 8.86 | 27.12 | 18.05 | 8.47 | 41.18 | -21.35 | 20.22 | -7.8 | 23.20 | -15.61 | 38.21 | -18.35 |
| 2020 (7) | 6.97 | 1.9 | 16.64 | -3.48 | 52.36 | -1.89 | 21.93 | 3.59 | 27.49 | 54.01 | 46.80 | -17.46 |
| 2019 (6) | 6.84 | -7.69 | 17.24 | 1.23 | 53.37 | 8.37 | 21.17 | -1.21 | 17.85 | -14.72 | 56.70 | 13.97 |
| 2018 (5) | 7.41 | -4.51 | 17.03 | 23.58 | 49.25 | 4.76 | 21.43 | -19.1 | 20.93 | -20.48 | 49.75 | 5.45 |
| 2017 (4) | 7.76 | 12.14 | 13.78 | 16.98 | 47.01 | -10.81 | 26.49 | -14.49 | 26.32 | 2.57 | 47.18 | -18.7 |
| 2016 (3) | 6.92 | 23.35 | 11.78 | 7.48 | 52.71 | -19.04 | 30.98 | -6.97 | 25.66 | 19.02 | 58.03 | -24.48 |
| 2015 (2) | 5.61 | -1.58 | 10.96 | 18.36 | 65.11 | 1.72 | 33.30 | -15.53 | 21.56 | -20.35 | 76.84 | 0.62 |
| 2014 (1) | 5.70 | -8.21 | 9.26 | 0.76 | 64.01 | 8.92 | 39.42 | -0.71 | 27.07 | -7.14 | 76.37 | 10.15 |
