- 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) | 1.48 | 3.5 | -1.99 | 0.84 | 10.53 | 40.0 | 61.44 | -3.62 | 1.94 | 108.12 | -9.51 | -28.44 | 69.82 | 13.9 | 43.1 | 99.75 | -18.18 | -38.65 |
| 23Q3 (19) | 1.43 | -7.14 | 15.32 | 0.76 | 5.56 | 31.03 | 63.75 | 7.72 | -12.98 | 119.48 | -5.47 | -23.6 | 61.30 | 39.89 | 18.84 | 121.92 | -14.0 | -31.52 |
| 23Q2 (18) | 1.54 | 13.24 | 4.76 | 0.72 | 22.03 | 1.41 | 59.18 | -11.67 | -4.19 | 126.40 | -18.64 | -0.91 | 43.82 | -7.79 | 5.59 | 141.76 | -18.92 | -4.11 |
| 23Q1 (17) | 1.36 | -9.93 | 3.03 | 0.59 | -1.67 | 1.72 | 67.00 | 11.17 | -2.98 | 155.36 | 2.82 | -0.66 | 47.52 | -2.6 | -11.16 | 174.84 | 7.54 | 1.67 |
| 22Q4 (16) | 1.51 | 21.77 | 4.86 | 0.60 | 3.45 | -6.25 | 60.27 | -17.73 | -4.61 | 151.10 | -3.38 | 6.73 | 48.79 | -5.41 | 0.16 | 162.58 | -8.69 | 4.2 |
| 22Q3 (15) | 1.24 | -15.65 | -16.22 | 0.58 | -18.31 | -4.92 | 73.26 | 18.6 | 19.37 | 156.38 | 22.59 | 5.2 | 51.58 | 24.29 | 12.3 | 178.05 | 20.44 | 8.51 |
| 22Q2 (14) | 1.47 | 11.36 | 1.38 | 0.71 | 22.41 | 18.33 | 61.77 | -10.56 | -1.39 | 127.56 | -18.43 | -16.08 | 41.50 | -22.42 | -22.28 | 147.83 | -14.03 | -8.32 |
| 22Q1 (13) | 1.32 | -8.33 | -5.71 | 0.58 | -9.38 | -7.94 | 69.06 | 9.31 | 6.18 | 156.39 | 10.47 | 9.08 | 53.49 | 9.81 | -15.6 | 171.96 | 10.21 | 18.58 |
| 21Q4 (12) | 1.44 | -2.7 | -14.79 | 0.64 | 4.92 | -18.99 | 63.18 | 2.95 | 17.68 | 141.57 | -4.76 | 23.49 | 48.71 | 6.05 | -4.13 | 156.03 | -4.91 | 32.77 |
| 21Q3 (11) | 1.48 | 2.07 | -25.63 | 0.61 | 1.67 | -26.51 | 61.37 | -2.03 | 33.91 | 148.65 | -2.2 | 36.08 | 45.93 | -13.99 | 19.17 | 164.09 | 1.77 | 40.81 |
| 21Q2 (10) | 1.45 | 3.57 | 36.79 | 0.60 | -4.76 | 9.09 | 62.64 | -3.69 | -26.98 | 152.00 | 6.02 | -7.73 | 53.40 | -15.75 | -24.64 | 161.24 | 11.18 | -10.25 |
| 21Q1 (9) | 1.40 | -17.16 | -2.1 | 0.63 | -20.25 | -30.77 | 65.04 | 21.14 | 2.46 | 143.37 | 25.06 | 43.5 | 63.38 | 24.74 | 20.11 | 145.02 | 23.4 | 31.09 |
| 20Q4 (8) | 1.69 | -15.08 | -2.87 | 0.79 | -4.82 | -23.3 | 53.69 | 17.15 | 2.58 | 114.64 | 4.94 | 29.22 | 50.81 | 31.84 | 17.72 | 117.52 | 0.85 | 20.04 |
| 20Q3 (7) | 1.99 | 87.74 | 21.34 | 0.83 | 50.91 | -3.49 | 45.83 | -46.58 | -17.3 | 109.24 | -33.69 | 2.78 | 38.54 | -45.61 | -32.66 | 116.53 | -35.14 | 11.53 |
| 20Q2 (6) | 1.06 | -25.87 | -30.26 | 0.55 | -39.56 | -28.57 | 85.79 | 35.14 | 42.91 | 164.73 | 64.88 | 39.27 | 70.86 | 34.28 | -8.43 | 179.66 | 62.4 | 78.02 |
| 20Q1 (5) | 1.43 | -17.82 | -9.49 | 0.91 | -11.65 | 5.81 | 63.48 | 21.28 | 9.94 | 99.91 | 12.61 | -5.24 | 52.77 | 22.27 | -32.45 | 110.63 | 13.0 | 30.08 |
| 19Q4 (4) | 1.74 | 6.1 | 0.0 | 1.03 | 19.77 | 0.0 | 52.34 | -5.56 | 0.0 | 88.72 | -16.53 | 0.0 | 43.16 | -24.59 | 0.0 | 97.90 | -6.3 | 0.0 |
| 19Q3 (3) | 1.64 | 7.89 | 0.0 | 0.86 | 11.69 | 0.0 | 55.42 | -7.68 | 0.0 | 106.29 | -10.14 | 0.0 | 57.23 | -26.04 | 0.0 | 104.48 | 3.53 | 0.0 |
| 19Q2 (2) | 1.52 | -3.8 | 0.0 | 0.77 | -10.47 | 0.0 | 60.03 | 3.97 | 0.0 | 118.28 | 12.19 | 0.0 | 77.38 | -0.95 | 0.0 | 100.92 | 18.66 | 0.0 |
| 19Q1 (1) | 1.58 | 0.0 | 0.0 | 0.86 | 0.0 | 0.0 | 57.74 | 0.0 | 0.0 | 105.43 | 0.0 | 0.0 | 78.12 | 0.0 | 0.0 | 85.05 | 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) | 5.72 | -3.21 | 2.78 | 13.01 | 63.82 | 3.35 | 131.53 | -11.19 | 64.86 | 20.85 | 130.49 | -16.45 |
| 2022 (9) | 5.91 | 5.72 | 2.46 | -2.77 | 61.75 | -5.45 | 148.10 | 2.51 | 53.67 | -15.33 | 156.18 | 6.69 |
| 2021 (8) | 5.59 | 1.45 | 2.53 | -19.17 | 65.31 | -1.46 | 144.47 | 24.05 | 63.39 | 6.65 | 146.39 | 18.74 |
| 2020 (7) | 5.51 | -13.09 | 3.13 | -14.95 | 66.28 | 15.19 | 116.46 | 17.49 | 59.44 | -8.74 | 123.29 | 34.68 |
| 2019 (6) | 6.34 | 2.42 | 3.68 | 0.55 | 57.54 | -2.46 | 99.12 | -0.59 | 65.13 | -30.31 | 91.54 | 40.31 |
| 2018 (5) | 6.19 | 0.98 | 3.66 | -20.26 | 58.99 | -0.96 | 99.71 | 25.3 | 93.46 | -3.33 | 65.24 | 53.69 |
| 2017 (4) | 6.13 | -0.16 | 4.59 | -5.75 | 59.56 | 0.27 | 79.58 | 6.09 | 96.68 | 1.9 | 42.45 | 7.39 |
| 2016 (3) | 6.14 | 6.04 | 4.87 | 5.87 | 59.40 | -5.7 | 75.01 | -5.52 | 94.88 | 3.24 | 39.53 | -21.69 |
| 2015 (2) | 5.79 | 7.02 | 4.60 | 4.78 | 62.99 | -6.68 | 79.39 | -4.56 | 91.90 | 1.32 | 50.48 | -15.82 |
| 2014 (1) | 5.41 | 7.77 | 4.39 | 1.15 | 67.50 | -7.25 | 83.18 | -1.02 | 90.70 | -4.5 | 59.97 | -3.04 |
