- 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) | 3.68 | 27.34 | 34.31 | 2.56 | 60.0 | 113.33 | 24.74 | -21.51 | -25.44 | 35.56 | -37.56 | -53.16 | 7.90 | 6.18 | -40.42 | 52.39 | -35.34 | -45.34 |
| 23Q3 (19) | 2.89 | -3.34 | 9.47 | 1.60 | 44.14 | 19.4 | 31.52 | 3.48 | -8.64 | 56.95 | -30.37 | -16.45 | 7.44 | 3.91 | -47.2 | 81.03 | -22.89 | -8.5 |
| 23Q2 (18) | 2.99 | 9.93 | -4.17 | 1.11 | 1.83 | -39.67 | 30.46 | -9.02 | 4.28 | 81.79 | -1.68 | 65.23 | 7.16 | -14.76 | -35.9 | 105.08 | -2.95 | 55.58 |
| 23Q1 (17) | 2.72 | -0.73 | -5.23 | 1.09 | -9.17 | -41.4 | 33.48 | 0.9 | 5.58 | 83.19 | 9.59 | 70.12 | 8.40 | -36.65 | -30.52 | 108.27 | 12.97 | 57.99 |
| 22Q4 (16) | 2.74 | 3.79 | -7.74 | 1.20 | -10.45 | -39.09 | 33.18 | -3.83 | 8.18 | 75.91 | 11.37 | 64.63 | 13.26 | -5.89 | 87.02 | 95.84 | 8.22 | 37.52 |
| 22Q3 (15) | 2.64 | -15.38 | -20.96 | 1.34 | -27.17 | -29.47 | 34.50 | 18.11 | 26.79 | 68.16 | 37.7 | 42.0 | 14.09 | 26.14 | 130.61 | 88.56 | 31.12 | 28.16 |
| 22Q2 (14) | 3.12 | 8.71 | 12.64 | 1.84 | -1.08 | -5.15 | 29.21 | -7.88 | -11.13 | 49.50 | 1.23 | 5.45 | 11.17 | -7.61 | 23.84 | 67.54 | -1.44 | -4.6 |
| 22Q1 (13) | 2.87 | -3.37 | -2.05 | 1.86 | -5.58 | -27.34 | 31.71 | 3.39 | 2.26 | 48.90 | 6.05 | 37.4 | 12.09 | 70.52 | 50.37 | 68.53 | -1.66 | 17.03 |
| 21Q4 (12) | 2.97 | -11.08 | -12.9 | 1.97 | 3.68 | -6.19 | 30.67 | 12.72 | 14.91 | 46.11 | -3.94 | 6.37 | 7.09 | 16.04 | -0.28 | 69.69 | 0.85 | 10.74 |
| 21Q3 (11) | 3.34 | 20.58 | -5.38 | 1.90 | -2.06 | 71.17 | 27.21 | -17.22 | 5.42 | 48.00 | 2.26 | -41.38 | 6.11 | -32.26 | 4.62 | 69.10 | -2.4 | -32.16 |
| 21Q2 (10) | 2.77 | -5.46 | 36.45 | 1.94 | -24.22 | 136.59 | 32.87 | 6.0 | -26.84 | 46.94 | 31.89 | -57.68 | 9.02 | 12.19 | 0.67 | 70.80 | 20.9 | -51.8 |
| 21Q1 (9) | 2.93 | -14.08 | 3.53 | 2.56 | 21.9 | 45.45 | 31.01 | 16.19 | -3.64 | 35.59 | -17.9 | -31.11 | 8.04 | 13.08 | 21.08 | 58.56 | -6.94 | -24.15 |
| 20Q4 (8) | 3.41 | -3.4 | 23.55 | 2.10 | 89.19 | -10.26 | 26.69 | 3.41 | -19.17 | 43.35 | -47.06 | 11.58 | 7.11 | 21.75 | 50.96 | 62.93 | -38.22 | -6.3 |
| 20Q3 (7) | 3.53 | 73.89 | 59.01 | 1.11 | 35.37 | -48.61 | 25.81 | -42.56 | -37.08 | 81.89 | -26.17 | 94.05 | 5.84 | -34.82 | 22.18 | 101.86 | -30.66 | 29.86 |
| 20Q2 (6) | 2.03 | -28.27 | -6.02 | 0.82 | -53.41 | -64.96 | 44.93 | 39.62 | 6.85 | 110.92 | 114.71 | 185.73 | 8.96 | 34.94 | 121.23 | 146.89 | 90.27 | 91.21 |
| 20Q1 (5) | 2.83 | 2.54 | 39.41 | 1.76 | -24.79 | -10.66 | 32.18 | -2.54 | -28.11 | 51.66 | 32.97 | 11.92 | 6.64 | 40.98 | 30.45 | 77.20 | 14.95 | -10.07 |
| 19Q4 (4) | 2.76 | 24.32 | 0.0 | 2.34 | 8.33 | 0.0 | 33.02 | -19.5 | 0.0 | 38.85 | -7.94 | 0.0 | 4.71 | -1.46 | 0.0 | 67.16 | -14.38 | 0.0 |
| 19Q3 (3) | 2.22 | 2.78 | 0.0 | 2.16 | -7.69 | 0.0 | 41.02 | -2.45 | 0.0 | 42.20 | 8.71 | 0.0 | 4.78 | 18.02 | 0.0 | 78.44 | 2.11 | 0.0 |
| 19Q2 (2) | 2.16 | 6.4 | 0.0 | 2.34 | 18.78 | 0.0 | 42.05 | -6.05 | 0.0 | 38.82 | -15.9 | 0.0 | 4.05 | -20.43 | 0.0 | 76.82 | -10.51 | 0.0 |
| 19Q1 (1) | 2.03 | 0.0 | 0.0 | 1.97 | 0.0 | 0.0 | 44.76 | 0.0 | 0.0 | 46.16 | 0.0 | 0.0 | 5.09 | 0.0 | 0.0 | 85.84 | 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) | 8.61 | -22.57 | 5.76 | -12.46 | 42.41 | 29.22 | 63.41 | 14.38 | 10.99 | 18.05 | 94.83 | 20.1 |
| 2022 (9) | 11.12 | -3.81 | 6.58 | -28.17 | 32.82 | 3.89 | 55.44 | 39.09 | 9.31 | 5.2 | 78.96 | 26.15 |
| 2021 (8) | 11.56 | 41.67 | 9.16 | 26.0 | 31.59 | -29.38 | 39.86 | -20.61 | 8.85 | 7.01 | 62.59 | -27.78 |
| 2020 (7) | 8.16 | -12.16 | 7.27 | -5.34 | 44.73 | 13.79 | 50.21 | 5.68 | 8.27 | 52.3 | 86.67 | 6.5 |
| 2019 (6) | 9.29 | 29.21 | 7.68 | -0.78 | 39.31 | -22.6 | 47.51 | 0.76 | 5.43 | 7.52 | 81.38 | -12.39 |
| 2018 (5) | 7.19 | -1.51 | 7.74 | -0.64 | 50.79 | 1.6 | 47.15 | 0.66 | 5.05 | 30.15 | 92.89 | -0.06 |
| 2017 (4) | 7.30 | -7.36 | 7.79 | 10.81 | 49.99 | 7.9 | 46.84 | -9.82 | 3.88 | -16.2 | 92.95 | -0.73 |
| 2016 (3) | 7.88 | -27.04 | 7.03 | -36.61 | 46.33 | 37.11 | 51.94 | 57.78 | 4.63 | 35.38 | 93.63 | 47.94 |
| 2015 (2) | 10.80 | 25.87 | 11.09 | 3.64 | 33.79 | -20.61 | 32.92 | -3.52 | 3.42 | 3.64 | 63.29 | -13.75 |
| 2014 (1) | 8.58 | 17.37 | 10.70 | 2.79 | 42.56 | -14.74 | 34.12 | -2.65 | 3.30 | -30.67 | 73.38 | -8.52 |
