- 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) | 1.41 | 2.17 | -1.4 | 1.01 | -3.81 | 6.32 | 64.66 | -2.19 | 1.4 | 90.11 | 3.65 | -6.37 | 62.24 | 11.5 | 11.94 | 92.52 | -4.84 | -11.39 |
| 23Q3 (19) | 1.38 | 2.99 | 12.2 | 1.05 | 11.7 | 17.98 | 66.11 | -2.59 | -10.49 | 86.94 | -10.29 | -14.76 | 55.82 | -7.06 | -9.72 | 97.23 | -7.15 | -14.73 |
| 23Q2 (18) | 1.34 | 1.52 | 1.52 | 0.94 | 1.08 | -2.08 | 67.87 | -1.91 | -1.85 | 96.91 | -1.03 | 2.1 | 60.06 | -0.33 | -1.59 | 104.72 | -1.99 | 1.64 |
| 23Q1 (17) | 1.32 | -7.69 | 8.2 | 0.93 | -2.11 | 9.41 | 69.19 | 8.5 | -7.13 | 97.92 | 1.75 | -8.02 | 60.26 | 8.38 | -17.21 | 106.85 | 2.34 | -1.22 |
| 22Q4 (16) | 1.43 | 16.26 | 10.0 | 0.95 | 6.74 | -3.06 | 63.77 | -13.66 | -9.12 | 96.24 | -5.65 | 3.83 | 55.60 | -10.08 | -17.0 | 104.41 | -8.44 | 8.91 |
| 22Q3 (15) | 1.23 | -6.82 | -7.52 | 0.89 | -7.29 | -13.59 | 73.86 | 6.81 | 8.19 | 102.00 | 7.46 | 15.9 | 61.83 | 1.31 | -3.87 | 114.03 | 10.68 | 24.0 |
| 22Q2 (14) | 1.32 | 8.2 | 0.0 | 0.96 | 12.94 | -4.0 | 69.15 | -7.18 | -0.01 | 94.92 | -10.84 | 3.91 | 61.03 | -16.16 | -18.07 | 103.03 | -4.75 | 19.77 |
| 22Q1 (13) | 1.22 | -6.15 | -2.4 | 0.85 | -13.27 | -24.11 | 74.50 | 6.17 | 2.39 | 106.46 | 14.86 | 30.9 | 72.79 | 8.66 | -1.57 | 108.17 | 12.83 | 34.98 |
| 21Q4 (12) | 1.30 | -2.26 | -6.47 | 0.98 | -4.85 | -22.22 | 70.17 | 2.78 | 7.46 | 92.69 | 5.32 | 28.4 | 66.99 | 4.15 | 16.02 | 95.87 | 4.25 | 20.21 |
| 21Q3 (11) | 1.33 | 0.76 | -11.33 | 1.03 | 3.0 | -9.65 | 68.27 | -1.29 | 12.56 | 88.01 | -3.66 | 9.88 | 64.32 | -13.65 | 13.68 | 91.96 | 6.91 | 9.27 |
| 21Q2 (10) | 1.32 | 5.6 | -0.75 | 1.00 | -10.71 | -4.76 | 69.16 | -4.95 | 0.76 | 91.35 | 12.32 | 5.06 | 74.49 | 0.73 | 11.75 | 86.02 | 7.34 | -3.27 |
| 21Q1 (9) | 1.25 | -10.07 | -8.76 | 1.12 | -11.11 | -4.27 | 72.76 | 11.42 | 9.31 | 81.33 | 12.66 | 4.67 | 73.95 | 28.07 | 23.99 | 80.14 | 0.49 | -5.29 |
| 20Q4 (8) | 1.39 | -7.33 | 0.0 | 1.26 | 10.53 | 11.5 | 65.30 | 7.67 | -0.49 | 72.19 | -9.88 | -10.68 | 57.74 | 2.05 | -4.09 | 79.75 | -5.24 | -7.53 |
| 20Q3 (7) | 1.50 | 12.78 | 11.94 | 1.14 | 8.57 | 6.54 | 60.65 | -11.64 | -10.77 | 80.10 | -7.88 | -5.7 | 56.58 | -15.12 | -16.87 | 84.16 | -5.36 | -0.82 |
| 20Q2 (6) | 1.33 | -2.92 | -6.34 | 1.05 | -10.26 | -6.25 | 68.64 | 3.12 | 7.22 | 86.95 | 11.9 | 7.05 | 66.66 | 11.77 | -4.95 | 88.93 | 5.09 | 18.38 |
| 20Q1 (5) | 1.37 | -1.44 | -5.52 | 1.17 | 3.54 | -1.68 | 66.56 | 1.43 | 5.85 | 77.70 | -3.86 | 1.37 | 59.64 | -0.93 | -15.64 | 84.62 | -1.88 | 22.94 |
| 19Q4 (4) | 1.39 | 3.73 | 0.0 | 1.13 | 5.61 | 0.0 | 65.62 | -3.46 | 0.0 | 80.82 | -4.85 | 0.0 | 60.20 | -11.55 | 0.0 | 86.24 | 1.63 | 0.0 |
| 19Q3 (3) | 1.34 | -5.63 | 0.0 | 1.07 | -4.46 | 0.0 | 67.97 | 6.17 | 0.0 | 84.94 | 4.58 | 0.0 | 68.06 | -2.95 | 0.0 | 84.86 | 12.97 | 0.0 |
| 19Q2 (2) | 1.42 | -2.07 | 0.0 | 1.12 | -5.88 | 0.0 | 64.02 | 1.81 | 0.0 | 81.22 | 5.96 | 0.0 | 70.13 | -0.81 | 0.0 | 75.12 | 9.14 | 0.0 |
| 19Q1 (1) | 1.45 | 0.0 | 0.0 | 1.19 | 0.0 | 0.0 | 62.88 | 0.0 | 0.0 | 76.65 | 0.0 | 0.0 | 70.70 | 0.0 | 0.0 | 68.83 | 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) | 5.75 | 16.63 | 3.90 | 6.85 | 63.42 | -14.3 | 93.66 | -6.45 | 59.17 | -10.85 | 97.92 | -9.11 |
| 2022 (9) | 4.93 | -3.9 | 3.65 | -14.92 | 74.00 | 4.11 | 100.12 | 17.68 | 66.37 | -2.65 | 107.74 | 22.45 |
| 2021 (8) | 5.13 | -1.16 | 4.29 | -8.33 | 71.08 | 1.15 | 85.08 | 9.13 | 68.18 | 7.42 | 87.99 | 3.81 |
| 2020 (7) | 5.19 | -6.65 | 4.68 | 0.86 | 70.27 | 7.1 | 77.96 | -0.8 | 63.47 | -4.3 | 84.76 | 8.83 |
| 2019 (6) | 5.56 | 6.31 | 4.64 | -8.12 | 65.61 | -6.06 | 78.59 | 8.74 | 66.32 | -10.7 | 77.88 | 14.8 |
| 2018 (5) | 5.23 | -5.94 | 5.05 | -14.41 | 69.84 | 6.46 | 72.27 | 16.85 | 74.27 | 14.67 | 67.84 | 8.23 |
| 2017 (4) | 5.56 | -8.55 | 5.90 | 10.49 | 65.60 | 9.26 | 61.85 | -9.43 | 64.77 | 0.15 | 62.68 | -1.54 |
| 2016 (3) | 6.08 | -3.95 | 5.34 | 0.0 | 60.04 | 4.2 | 68.29 | -0.04 | 64.67 | -0.11 | 63.66 | 4.02 |
| 2015 (2) | 6.33 | -4.24 | 5.34 | -11.0 | 57.62 | 4.37 | 68.32 | 12.28 | 64.74 | 4.2 | 61.20 | 13.48 |
| 2014 (1) | 6.61 | -3.64 | 6.00 | -2.12 | 55.21 | 3.72 | 60.85 | 2.11 | 62.13 | 6.46 | 53.93 | -0.99 |
