- 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) | 4.24 | -21.77 | -15.71 | 1.60 | -0.62 | 12.68 | 21.47 | 27.95 | 18.75 | 56.95 | 0.89 | -11.0 | 12.64 | 9.25 | -6.58 | 65.78 | 6.68 | -4.04 |
| 23Q3 (19) | 5.42 | -9.82 | -17.0 | 1.61 | 3.87 | 15.83 | 16.78 | 10.83 | 20.37 | 56.45 | -3.77 | -13.49 | 11.57 | 8.13 | -12.35 | 61.66 | -2.3 | -6.56 |
| 23Q2 (18) | 6.01 | 13.83 | -24.4 | 1.55 | 1.31 | 4.73 | 15.14 | -12.08 | 32.23 | 58.66 | -1.06 | -4.77 | 10.70 | -2.73 | -9.09 | 63.11 | -3.68 | 2.99 |
| 23Q1 (17) | 5.28 | 4.97 | -34.0 | 1.53 | 7.75 | 2.0 | 17.22 | -4.76 | 51.45 | 59.29 | -7.34 | -2.37 | 11.00 | -18.7 | -15.97 | 65.52 | -4.42 | 11.03 |
| 22Q4 (16) | 5.03 | -22.97 | -29.94 | 1.42 | 2.16 | 1.43 | 18.08 | 29.7 | 42.7 | 63.99 | -1.93 | -1.57 | 13.53 | 2.5 | 0.89 | 68.55 | 3.88 | 6.66 |
| 22Q3 (15) | 6.53 | -17.86 | 3.49 | 1.39 | -6.08 | -6.08 | 13.94 | 21.75 | -3.33 | 65.25 | 5.93 | 6.48 | 13.20 | 12.15 | 3.69 | 65.99 | 7.69 | 4.8 |
| 22Q2 (14) | 7.95 | -0.62 | 13.73 | 1.48 | -1.33 | -15.43 | 11.45 | 0.7 | -12.06 | 61.60 | 1.43 | 18.48 | 11.77 | -10.08 | 4.72 | 61.28 | 3.85 | 13.97 |
| 22Q1 (13) | 8.00 | 11.42 | 13.48 | 1.50 | 7.14 | -13.79 | 11.37 | -10.26 | -11.93 | 60.73 | -6.58 | 16.03 | 13.09 | -2.39 | 35.51 | 59.01 | -8.18 | 6.15 |
| 21Q4 (12) | 7.18 | 13.79 | 17.32 | 1.40 | -5.41 | -23.5 | 12.67 | -12.14 | -14.74 | 65.01 | 6.09 | 30.99 | 13.41 | 5.34 | 46.08 | 64.27 | 2.06 | 16.2 |
| 21Q3 (11) | 6.31 | -9.73 | 32.56 | 1.48 | -15.43 | -10.3 | 14.42 | 10.75 | -24.54 | 61.28 | 17.87 | 11.16 | 12.73 | 13.26 | 9.46 | 62.97 | 17.11 | 0.59 |
| 21Q2 (10) | 6.99 | -0.85 | 76.07 | 1.75 | 0.57 | 15.13 | 13.02 | 0.85 | -43.27 | 51.99 | -0.67 | -13.22 | 11.24 | 16.36 | -22.86 | 53.77 | -3.27 | -21.26 |
| 21Q1 (9) | 7.05 | 15.2 | 85.04 | 1.74 | -4.92 | 19.18 | 12.91 | -13.12 | -45.98 | 52.34 | 5.46 | -15.93 | 9.66 | 5.23 | -40.0 | 55.59 | 0.51 | -20.65 |
| 20Q4 (8) | 6.12 | 28.57 | 56.92 | 1.83 | 10.91 | 8.93 | 14.86 | -22.24 | -36.28 | 49.63 | -9.98 | -8.11 | 9.18 | -21.07 | -32.15 | 55.31 | -11.65 | -13.29 |
| 20Q3 (7) | 4.76 | 19.9 | 15.25 | 1.65 | 8.55 | -1.79 | 19.11 | -16.73 | -13.18 | 55.13 | -7.98 | 1.89 | 11.63 | -20.18 | -17.52 | 62.60 | -8.33 | 0.94 |
| 20Q2 (6) | 3.97 | 4.2 | 6.43 | 1.52 | 4.11 | -1.3 | 22.95 | -3.97 | -5.9 | 59.91 | -3.77 | 1.49 | 14.57 | -9.5 | -13.38 | 68.29 | -2.53 | 2.52 |
| 20Q1 (5) | 3.81 | -2.31 | 14.41 | 1.46 | -13.1 | -3.31 | 23.90 | 2.49 | -12.52 | 62.26 | 15.27 | 3.27 | 16.10 | 18.99 | 2.09 | 70.06 | 9.83 | -2.48 |
| 19Q4 (4) | 3.90 | -5.57 | 0.0 | 1.68 | 0.0 | 0.0 | 23.32 | 5.95 | 0.0 | 54.01 | -0.18 | 0.0 | 13.53 | -4.04 | 0.0 | 63.79 | 2.85 | 0.0 |
| 19Q3 (3) | 4.13 | 10.72 | 0.0 | 1.68 | 9.09 | 0.0 | 22.01 | -9.76 | 0.0 | 54.11 | -8.33 | 0.0 | 14.10 | -16.17 | 0.0 | 62.02 | -6.89 | 0.0 |
| 19Q2 (2) | 3.73 | 12.01 | 0.0 | 1.54 | 1.99 | 0.0 | 24.39 | -10.72 | 0.0 | 59.03 | -2.09 | 0.0 | 16.82 | 6.66 | 0.0 | 66.61 | -7.28 | 0.0 |
| 19Q1 (1) | 3.33 | 0.0 | 0.0 | 1.51 | 0.0 | 0.0 | 27.32 | 0.0 | 0.0 | 60.29 | 0.0 | 0.0 | 15.77 | 0.0 | 0.0 | 71.84 | 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) | 18.19 | -31.62 | 6.53 | 4.98 | 20.07 | 46.28 | 55.89 | -4.79 | 11.52 | -7.99 | 64.43 | 7.56 |
| 2022 (9) | 26.60 | -19.15 | 6.22 | -11.27 | 13.72 | 23.72 | 58.70 | 12.71 | 12.52 | 16.14 | 59.90 | 14.31 |
| 2021 (8) | 32.90 | 76.22 | 7.01 | 11.27 | 11.09 | -43.27 | 52.08 | -10.14 | 10.78 | -12.36 | 52.40 | -19.64 |
| 2020 (7) | 18.67 | 27.09 | 6.30 | -0.16 | 19.55 | -21.3 | 57.96 | 0.28 | 12.30 | -12.27 | 65.21 | -4.97 |
| 2019 (6) | 14.69 | -5.83 | 6.31 | -5.54 | 24.84 | 6.15 | 57.80 | 5.78 | 14.02 | -2.09 | 68.62 | 7.71 |
| 2018 (5) | 15.60 | -6.98 | 6.68 | -6.05 | 23.40 | 7.54 | 54.64 | 6.45 | 14.32 | -18.17 | 63.71 | 14.59 |
| 2017 (4) | 16.77 | 4.49 | 7.11 | 9.38 | 21.76 | -4.31 | 51.33 | -8.55 | 17.50 | -12.41 | 55.60 | -5.57 |
| 2016 (3) | 16.05 | 1.52 | 6.50 | -6.47 | 22.74 | -1.47 | 56.13 | 6.79 | 19.98 | 1.42 | 58.88 | 5.26 |
| 2015 (2) | 15.81 | -6.78 | 6.95 | -8.43 | 23.08 | 7.25 | 52.56 | 9.32 | 19.70 | 6.37 | 55.94 | 9.49 |
| 2014 (1) | 16.96 | 12.77 | 7.59 | 4.98 | 21.52 | -11.29 | 48.08 | -4.75 | 18.52 | 0.71 | 51.09 | -9.33 |
