- 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) | 2.98 | -0.67 | 7.97 | 1.89 | 6.18 | 10.53 | 30.53 | 0.63 | -7.34 | 48.24 | -5.41 | -9.49 | 18.39 | -5.93 | -12.26 | 60.38 | -2.28 | -7.53 |
| 23Q3 (19) | 3.00 | 18.11 | 16.28 | 1.78 | 14.84 | 4.09 | 30.34 | -15.23 | -13.9 | 51.00 | -13.16 | -4.01 | 19.55 | -13.61 | -18.03 | 61.79 | -14.05 | -4.23 |
| 23Q2 (18) | 2.54 | -4.87 | -8.63 | 1.55 | -6.06 | -19.27 | 35.79 | 5.17 | 9.28 | 58.73 | 6.63 | 24.22 | 22.63 | 2.03 | -8.42 | 71.89 | 7.41 | 29.95 |
| 23Q1 (17) | 2.67 | -3.26 | 7.23 | 1.65 | -3.51 | -6.25 | 34.03 | 3.28 | -6.87 | 55.08 | 3.34 | 6.68 | 22.18 | 5.82 | -14.82 | 66.93 | 2.5 | 7.73 |
| 22Q4 (16) | 2.76 | 6.98 | 10.84 | 1.71 | 0.0 | -7.57 | 32.95 | -6.5 | -9.78 | 53.30 | 0.32 | 8.55 | 20.96 | -12.12 | -12.15 | 65.30 | 1.21 | 5.73 |
| 22Q3 (15) | 2.58 | -7.19 | 10.26 | 1.71 | -10.94 | -6.56 | 35.24 | 7.6 | -9.32 | 53.13 | 12.37 | 6.73 | 23.85 | -3.48 | -7.84 | 64.52 | 16.63 | 2.8 |
| 22Q2 (14) | 2.78 | 11.65 | 12.55 | 1.92 | 9.09 | 0.52 | 32.75 | -10.37 | -10.98 | 47.28 | -8.43 | -0.69 | 24.71 | -5.11 | -1.28 | 55.32 | -10.96 | -6.82 |
| 22Q1 (13) | 2.49 | 0.0 | 6.87 | 1.76 | -4.86 | -5.38 | 36.54 | 0.05 | -6.26 | 51.63 | 5.15 | 5.32 | 26.04 | 9.14 | -1.48 | 62.13 | 0.6 | 0.91 |
| 21Q4 (12) | 2.49 | 6.41 | 2.47 | 1.85 | 1.09 | 3.35 | 36.52 | -6.02 | -2.61 | 49.10 | -1.37 | -3.16 | 23.86 | -7.81 | -6.43 | 61.76 | -1.59 | -1.5 |
| 21Q3 (11) | 2.34 | -5.26 | -3.31 | 1.83 | -4.19 | 19.61 | 38.86 | 5.63 | 3.21 | 49.78 | 4.56 | -16.56 | 25.88 | 3.4 | 3.85 | 62.76 | 5.71 | -13.3 |
| 21Q2 (10) | 2.47 | 6.01 | 13.82 | 1.91 | 2.69 | 44.7 | 36.79 | -5.62 | -12.09 | 47.61 | -2.88 | -30.75 | 25.03 | -5.3 | -3.36 | 59.37 | -3.57 | -29.91 |
| 21Q1 (9) | 2.33 | -4.12 | 1.75 | 1.86 | 3.91 | 22.37 | 38.98 | 3.95 | -1.81 | 49.02 | -3.31 | -18.0 | 26.43 | 3.65 | 9.99 | 61.57 | -1.8 | -18.4 |
| 20Q4 (8) | 2.43 | 0.41 | 13.02 | 1.79 | 16.99 | 21.77 | 37.50 | -0.4 | -11.56 | 50.70 | -15.02 | -17.95 | 25.50 | 2.33 | -2.11 | 62.70 | -13.39 | -19.76 |
| 20Q3 (7) | 2.42 | 11.52 | 7.08 | 1.53 | 15.91 | -11.05 | 37.65 | -10.04 | -6.62 | 59.66 | -13.22 | 12.86 | 24.92 | -3.78 | 9.63 | 72.39 | -14.53 | 2.77 |
| 20Q2 (6) | 2.17 | -5.24 | 4.33 | 1.32 | -13.16 | -20.48 | 41.85 | 5.42 | -4.23 | 68.75 | 15.01 | 25.75 | 25.90 | 7.78 | -1.63 | 84.70 | 12.26 | 17.57 |
| 20Q1 (5) | 2.29 | 6.51 | 7.51 | 1.52 | 3.4 | -15.56 | 39.70 | -6.37 | -7.18 | 59.78 | -3.25 | 18.26 | 24.03 | -7.75 | -7.65 | 75.45 | -3.44 | 12.11 |
| 19Q4 (4) | 2.15 | -4.87 | 0.0 | 1.47 | -14.53 | 0.0 | 42.40 | 5.16 | 0.0 | 61.79 | 16.89 | 0.0 | 26.05 | 14.61 | 0.0 | 78.14 | 10.93 | 0.0 |
| 19Q3 (3) | 2.26 | 8.65 | 0.0 | 1.72 | 3.61 | 0.0 | 40.32 | -7.73 | 0.0 | 52.86 | -3.31 | 0.0 | 22.73 | -13.67 | 0.0 | 70.44 | -2.22 | 0.0 |
| 19Q2 (2) | 2.08 | -2.35 | 0.0 | 1.66 | -7.78 | 0.0 | 43.70 | 2.17 | 0.0 | 54.67 | 8.15 | 0.0 | 26.33 | 1.19 | 0.0 | 72.04 | 7.04 | 0.0 |
| 19Q1 (1) | 2.13 | 0.0 | 0.0 | 1.80 | 0.0 | 0.0 | 42.77 | 0.0 | 0.0 | 50.55 | 0.0 | 0.0 | 26.02 | 0.0 | 0.0 | 67.30 | 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) | 11.46 | 1.33 | 6.93 | -9.77 | 31.84 | -1.33 | 52.67 | 10.79 | 19.43 | -3.53 | 65.08 | 9.07 |
| 2022 (9) | 11.31 | 9.17 | 7.68 | -1.41 | 32.27 | -8.4 | 47.54 | 1.41 | 20.14 | -13.89 | 59.67 | 1.6 |
| 2021 (8) | 10.36 | 26.03 | 7.79 | 29.4 | 35.23 | -20.62 | 46.88 | -22.65 | 23.39 | -21.06 | 58.73 | -22.07 |
| 2020 (7) | 8.22 | -5.41 | 6.02 | -11.08 | 44.38 | 5.67 | 60.61 | 12.47 | 29.63 | 14.89 | 75.36 | 7.5 |
| 2019 (6) | 8.69 | -8.24 | 6.77 | -22.36 | 42.00 | 8.92 | 53.89 | 28.77 | 25.79 | 4.92 | 70.10 | 25.56 |
| 2018 (5) | 9.47 | -2.07 | 8.72 | 15.8 | 38.56 | 2.17 | 41.85 | -13.64 | 24.58 | -13.94 | 55.83 | -3.16 |
| 2017 (4) | 9.67 | -8.34 | 7.53 | 13.92 | 37.74 | 9.08 | 48.46 | -12.26 | 28.56 | 2.37 | 57.65 | -6.93 |
| 2016 (3) | 10.55 | 4.04 | 6.61 | -0.6 | 34.60 | -3.89 | 55.23 | 0.58 | 27.90 | 8.56 | 61.94 | -5.03 |
| 2015 (2) | 10.14 | 1.3 | 6.65 | -10.98 | 36.00 | -1.26 | 54.91 | 12.31 | 25.70 | 0.04 | 65.22 | 9.32 |
| 2014 (1) | 10.01 | 0.6 | 7.47 | 0.0 | 36.46 | -0.63 | 48.89 | 0.0 | 25.69 | -7.52 | 59.66 | 3.22 |
