- 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) | 0.54 | -3.57 | -1.82 | 1.37 | -6.16 | 10.48 | 169.45 | 3.51 | 2.73 | 66.34 | 6.67 | -9.26 | 70.86 | 1.39 | 3.28 | 164.92 | 5.71 | -2.67 |
| 23Q3 (19) | 0.56 | 14.29 | -9.68 | 1.46 | 14.96 | 6.57 | 163.71 | -11.36 | 11.41 | 62.19 | -13.35 | -6.16 | 69.89 | -19.11 | -9.28 | 156.01 | -8.26 | 14.56 |
| 23Q2 (18) | 0.49 | -5.77 | -18.33 | 1.27 | 4.1 | -11.81 | 184.69 | 6.17 | 21.26 | 71.77 | -3.69 | 13.9 | 86.40 | 20.67 | -3.25 | 170.05 | -3.85 | 34.93 |
| 23Q1 (17) | 0.52 | -5.45 | -14.75 | 1.22 | -1.61 | -20.78 | 173.95 | 5.46 | 17.26 | 74.52 | 1.93 | 26.2 | 71.60 | 4.36 | -23.13 | 176.86 | 4.37 | 54.79 |
| 22Q4 (16) | 0.55 | -11.29 | -8.33 | 1.24 | -9.49 | -17.88 | 164.95 | 12.25 | 9.2 | 73.11 | 10.32 | 21.18 | 68.61 | -10.94 | -28.99 | 169.45 | 24.43 | 47.64 |
| 22Q3 (15) | 0.62 | 3.33 | 24.0 | 1.37 | -4.86 | -19.41 | 146.95 | -3.52 | -20.05 | 66.27 | 5.17 | 23.75 | 77.04 | -13.73 | -43.94 | 136.18 | 8.05 | 36.29 |
| 22Q2 (14) | 0.60 | -1.64 | 30.43 | 1.44 | -6.49 | -22.99 | 152.31 | 2.67 | -22.27 | 63.01 | 6.71 | 29.49 | 89.30 | -4.12 | -46.49 | 126.03 | 10.3 | 62.14 |
| 22Q1 (13) | 0.61 | 1.67 | 19.61 | 1.54 | 1.99 | -19.79 | 148.35 | -1.79 | -16.53 | 59.05 | -2.12 | 24.63 | 93.14 | -3.6 | -29.81 | 114.26 | -0.44 | 23.64 |
| 21Q4 (12) | 0.60 | 20.0 | -4.76 | 1.51 | -11.18 | -6.79 | 151.05 | -17.82 | 3.96 | 60.33 | 12.66 | 7.37 | 96.62 | -29.7 | 0.03 | 114.77 | 14.86 | 9.41 |
| 21Q3 (11) | 0.50 | 8.7 | -24.24 | 1.70 | -9.09 | 46.55 | 183.80 | -6.2 | 33.49 | 53.55 | 10.05 | -31.45 | 137.43 | -17.65 | 39.55 | 99.92 | 28.55 | -14.83 |
| 21Q2 (10) | 0.46 | -9.8 | -38.67 | 1.87 | -2.6 | 96.84 | 195.95 | 10.26 | 61.42 | 48.66 | 2.7 | -49.43 | 166.88 | 25.77 | 59.22 | 77.73 | -15.89 | -31.1 |
| 21Q1 (9) | 0.51 | -19.05 | -49.0 | 1.92 | 18.52 | 81.13 | 177.72 | 22.31 | 94.93 | 47.38 | -15.68 | -44.82 | 132.69 | 37.37 | 89.18 | 92.41 | -11.91 | -13.55 |
| 20Q4 (8) | 0.63 | -4.55 | -36.36 | 1.62 | 39.66 | 57.28 | 145.30 | 5.53 | 58.24 | 56.19 | -28.07 | -36.49 | 96.59 | -1.92 | 26.48 | 104.90 | -10.59 | 0.93 |
| 20Q3 (7) | 0.66 | -12.0 | -42.11 | 1.16 | 22.11 | -16.55 | 137.69 | 13.43 | 71.83 | 78.12 | -18.82 | 19.41 | 98.48 | -6.04 | 68.37 | 117.32 | 4.0 | 34.76 |
| 20Q2 (6) | 0.75 | -25.0 | -38.02 | 0.95 | -10.38 | -40.63 | 121.39 | 33.15 | 61.83 | 96.23 | 12.06 | 69.6 | 104.81 | 49.43 | 90.22 | 112.81 | 5.53 | 47.18 |
| 20Q1 (5) | 1.00 | 1.01 | -17.36 | 1.06 | 2.91 | -32.05 | 91.17 | -0.71 | 21.41 | 85.87 | -2.94 | 47.52 | 70.14 | -8.16 | 28.65 | 106.90 | 2.86 | 35.69 |
| 19Q4 (4) | 0.99 | -13.16 | 0.0 | 1.03 | -25.9 | 0.0 | 91.82 | 14.59 | 0.0 | 88.47 | 35.23 | 0.0 | 76.37 | 30.57 | 0.0 | 103.93 | 19.38 | 0.0 |
| 19Q3 (3) | 1.14 | -5.79 | 0.0 | 1.39 | -13.13 | 0.0 | 80.13 | 6.83 | 0.0 | 65.42 | 15.3 | 0.0 | 58.49 | 6.15 | 0.0 | 87.06 | 13.58 | 0.0 |
| 19Q2 (2) | 1.21 | 0.0 | 0.0 | 1.60 | 2.56 | 0.0 | 75.01 | -0.11 | 0.0 | 56.74 | -2.53 | 0.0 | 55.10 | 1.06 | 0.0 | 76.65 | -2.7 | 0.0 |
| 19Q1 (1) | 1.21 | 0.0 | 0.0 | 1.56 | 0.0 | 0.0 | 75.09 | 0.0 | 0.0 | 58.21 | 0.0 | 0.0 | 54.52 | 0.0 | 0.0 | 78.78 | 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) | 2.15 | -11.89 | 5.43 | -7.81 | 169.87 | 13.64 | 67.20 | 8.37 | 70.61 | -8.22 | 166.46 | 23.71 |
| 2022 (9) | 2.44 | 5.63 | 5.89 | -9.66 | 149.48 | -5.4 | 62.01 | 10.79 | 76.93 | -30.64 | 134.56 | 30.54 |
| 2021 (8) | 2.31 | -5.33 | 6.52 | 29.37 | 158.02 | 5.51 | 55.97 | -22.75 | 110.91 | 1.15 | 103.08 | -8.43 |
| 2020 (7) | 2.44 | -50.1 | 5.04 | -9.03 | 149.77 | 100.66 | 72.45 | 9.96 | 109.65 | 96.65 | 112.57 | 32.79 |
| 2019 (6) | 4.89 | -7.91 | 5.54 | -26.13 | 74.64 | 8.58 | 65.89 | 35.35 | 55.76 | 9.4 | 84.77 | 27.57 |
| 2018 (5) | 5.31 | 7.27 | 7.50 | -1.32 | 68.74 | -6.84 | 48.68 | 1.31 | 50.97 | -2.95 | 66.45 | -4.14 |
| 2017 (4) | 4.95 | -7.48 | 7.60 | 15.33 | 73.79 | 8.26 | 48.05 | -13.25 | 52.52 | 29.17 | 69.32 | -16.38 |
| 2016 (3) | 5.35 | -6.47 | 6.59 | 6.46 | 68.16 | 6.85 | 55.39 | -6.12 | 40.66 | 16.6 | 82.90 | -5.72 |
| 2015 (2) | 5.72 | -5.92 | 6.19 | -10.81 | 63.79 | 6.19 | 59.00 | 12.1 | 34.87 | -13.13 | 87.93 | 21.18 |
| 2014 (1) | 6.08 | -1.78 | 6.94 | 0.43 | 60.07 | 1.8 | 52.63 | -0.32 | 40.14 | -2.71 | 72.56 | 2.85 |
