- 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) | 2.16 | 10.2 | 14.29 | 1.83 | 13.66 | 86.73 | 42.10 | -9.15 | -12.51 | 49.75 | -12.23 | -46.19 | 33.50 | 19.47 | -26.62 | 58.35 | -22.18 | -38.53 |
| 23Q3 (19) | 1.96 | 6.52 | 1.55 | 1.61 | 1.9 | 51.89 | 46.34 | -6.25 | -1.51 | 56.68 | -1.58 | -33.95 | 28.04 | 104.82 | -43.85 | 74.98 | -19.66 | -9.56 |
| 23Q2 (18) | 1.84 | -9.36 | -10.68 | 1.58 | 18.8 | 23.44 | 49.43 | 10.06 | 11.66 | 57.59 | -15.64 | -18.72 | 13.69 | -43.22 | -74.35 | 93.33 | 4.78 | 51.14 |
| 23Q1 (17) | 2.03 | 7.41 | -22.52 | 1.33 | 35.71 | -8.9 | 44.91 | -6.67 | 29.35 | 68.27 | -26.16 | 9.41 | 24.11 | -47.19 | -48.5 | 89.07 | -6.17 | 77.08 |
| 22Q4 (16) | 1.89 | -2.07 | -21.9 | 0.98 | -7.55 | -40.24 | 48.12 | 2.27 | 27.77 | 92.46 | 7.75 | 66.8 | 45.65 | -8.59 | 34.07 | 94.93 | 14.5 | 60.79 |
| 22Q3 (15) | 1.93 | -6.31 | -8.53 | 1.06 | -17.19 | -45.92 | 47.05 | 6.28 | 9.19 | 85.81 | 21.12 | 84.78 | 49.94 | -6.44 | 57.04 | 82.91 | 34.27 | 43.62 |
| 22Q2 (14) | 2.06 | -21.37 | -16.94 | 1.28 | -12.33 | -31.91 | 44.27 | 27.51 | 20.63 | 70.85 | 13.54 | 46.48 | 53.38 | 14.01 | 63.34 | 61.75 | 22.76 | 17.87 |
| 22Q1 (13) | 2.62 | 8.26 | 28.43 | 1.46 | -10.98 | -7.01 | 34.72 | -7.81 | -22.24 | 62.40 | 12.57 | 7.38 | 46.82 | 37.5 | 13.48 | 50.30 | -14.8 | -18.21 |
| 21Q4 (12) | 2.42 | 14.69 | 14.15 | 1.64 | -16.33 | -27.43 | 37.66 | -12.6 | -12.32 | 55.43 | 19.36 | 37.41 | 34.05 | 7.08 | 29.86 | 59.04 | 2.27 | 3.45 |
| 21Q3 (11) | 2.11 | -14.92 | 10.47 | 1.96 | 4.26 | -8.41 | 43.09 | 17.41 | -9.49 | 46.44 | -3.99 | 9.12 | 31.80 | -2.69 | 23.78 | 57.73 | 10.19 | -10.47 |
| 21Q2 (10) | 2.48 | 21.57 | 50.3 | 1.88 | 19.75 | -14.16 | 36.70 | -17.81 | -33.41 | 48.37 | -16.76 | 16.3 | 32.68 | -20.79 | 35.04 | 52.39 | -14.81 | -27.73 |
| 21Q1 (9) | 2.04 | -3.77 | 20.0 | 1.57 | -30.53 | -26.98 | 44.65 | 3.96 | -16.46 | 58.11 | 44.05 | 37.51 | 41.26 | 57.36 | 124.61 | 61.50 | 7.76 | -20.47 |
| 20Q4 (8) | 2.12 | 10.99 | 13.37 | 2.26 | 5.61 | 14.72 | 42.95 | -9.79 | -11.97 | 40.34 | -5.22 | -12.83 | 26.22 | 2.06 | 50.0 | 57.07 | -11.49 | -26.45 |
| 20Q3 (7) | 1.91 | 15.76 | 4.95 | 2.14 | -2.28 | 19.55 | 47.61 | -13.61 | -4.74 | 42.56 | 2.33 | -16.06 | 25.69 | 6.16 | 8.99 | 64.48 | -11.05 | -16.39 |
| 20Q2 (6) | 1.65 | -2.94 | -19.51 | 2.19 | 1.86 | 15.87 | 55.11 | 3.11 | 24.32 | 41.59 | -1.59 | -13.71 | 24.20 | 31.74 | 10.4 | 72.49 | -6.26 | 2.66 |
| 20Q1 (5) | 1.70 | -9.09 | -6.08 | 2.15 | 9.14 | 34.37 | 53.45 | 9.55 | 6.52 | 42.26 | -8.69 | -25.83 | 18.37 | 5.09 | -19.29 | 77.33 | -0.34 | -8.38 |
| 19Q4 (4) | 1.87 | 2.75 | 0.0 | 1.97 | 10.06 | 0.0 | 48.79 | -2.38 | 0.0 | 46.28 | -8.72 | 0.0 | 17.48 | -25.84 | 0.0 | 77.59 | 0.61 | 0.0 |
| 19Q3 (3) | 1.82 | -11.22 | 0.0 | 1.79 | -5.29 | 0.0 | 49.98 | 12.75 | 0.0 | 50.70 | 5.19 | 0.0 | 23.57 | 7.53 | 0.0 | 77.12 | 9.22 | 0.0 |
| 19Q2 (2) | 2.05 | 13.26 | 0.0 | 1.89 | 18.12 | 0.0 | 44.33 | -11.66 | 0.0 | 48.20 | -15.41 | 0.0 | 21.92 | -3.69 | 0.0 | 70.61 | -16.34 | 0.0 |
| 19Q1 (1) | 1.81 | 0.0 | 0.0 | 1.60 | 0.0 | 0.0 | 50.18 | 0.0 | 0.0 | 56.98 | 0.0 | 0.0 | 22.76 | 0.0 | 0.0 | 84.40 | 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) | 7.80 | -27.58 | 5.46 | 7.48 | 46.77 | 38.01 | 66.80 | -7.0 | 34.70 | -6.11 | 78.86 | 14.69 |
| 2022 (9) | 10.77 | 25.67 | 5.08 | -24.18 | 33.89 | -20.39 | 71.83 | 31.85 | 36.96 | -2.94 | 68.76 | 16.6 |
| 2021 (8) | 8.57 | 8.21 | 6.70 | -22.9 | 42.57 | -7.64 | 54.48 | 29.65 | 38.08 | 42.46 | 58.97 | -3.93 |
| 2020 (7) | 7.92 | -5.26 | 8.69 | 6.23 | 46.09 | 5.52 | 42.02 | -5.81 | 26.73 | 21.61 | 61.38 | -7.43 |
| 2019 (6) | 8.36 | 5.42 | 8.18 | 7.77 | 43.68 | -5.04 | 44.61 | -7.29 | 21.98 | -33.21 | 66.31 | 8.33 |
| 2018 (5) | 7.93 | 26.48 | 7.59 | 2.15 | 46.00 | -20.92 | 48.12 | -2.0 | 32.91 | -21.25 | 61.21 | -6.54 |
| 2017 (4) | 6.27 | 2.28 | 7.43 | 9.75 | 58.17 | -2.32 | 49.10 | -8.92 | 41.79 | -0.02 | 65.49 | -8.62 |
| 2016 (3) | 6.13 | -8.23 | 6.77 | 14.17 | 59.55 | 8.97 | 53.91 | -12.44 | 41.80 | -9.15 | 71.67 | 2.08 |
| 2015 (2) | 6.68 | 3.89 | 5.93 | 5.14 | 54.65 | -3.67 | 61.57 | -4.91 | 46.01 | 0.52 | 70.21 | -7.28 |
| 2014 (1) | 6.43 | 1.9 | 5.64 | -0.88 | 56.73 | -1.94 | 64.75 | 0.95 | 45.77 | -10.25 | 75.72 | 6.66 |
