- 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) | 2.61 | -18.18 | 5.24 | 1.20 | -7.69 | 14.29 | 34.81 | 22.1 | -5.05 | 75.59 | 7.74 | -12.92 | 16.96 | 9.84 | 16.32 | 93.43 | 12.24 | -14.2 |
| 23Q3 (19) | 3.19 | 6.69 | 43.05 | 1.30 | 21.5 | 10.17 | 28.51 | -6.46 | -30.12 | 70.16 | -17.37 | -9.06 | 15.44 | 2.46 | -7.04 | 83.24 | -17.03 | -17.87 |
| 23Q2 (18) | 2.99 | 7.94 | 16.34 | 1.07 | 0.94 | -34.76 | 30.48 | -7.07 | -13.87 | 84.91 | -1.35 | 52.85 | 15.07 | 4.8 | -3.95 | 100.32 | -3.99 | 33.32 |
| 23Q1 (17) | 2.77 | 11.69 | 27.65 | 1.06 | 0.95 | -45.92 | 32.80 | -10.53 | -21.74 | 86.07 | -0.85 | 85.26 | 14.38 | -1.37 | -6.74 | 104.49 | -4.04 | 43.24 |
| 22Q4 (16) | 2.48 | 11.21 | 34.05 | 1.05 | -11.02 | -46.97 | 36.66 | -10.15 | -25.43 | 86.81 | 12.52 | 88.43 | 14.58 | -12.22 | -13.42 | 108.89 | 7.44 | 38.89 |
| 22Q3 (15) | 2.23 | -13.23 | 8.78 | 1.18 | -28.05 | -46.61 | 40.80 | 15.29 | -8.23 | 77.15 | 38.88 | 87.39 | 16.61 | 5.86 | 1.1 | 101.35 | 34.68 | 46.46 |
| 22Q2 (14) | 2.57 | 18.43 | 0.39 | 1.64 | -16.33 | -34.92 | 35.39 | -15.56 | -0.45 | 55.55 | 19.57 | 54.05 | 15.69 | 1.75 | -3.33 | 75.25 | 3.15 | 35.85 |
| 22Q1 (13) | 2.17 | 17.3 | -20.22 | 1.96 | -1.01 | -22.53 | 41.91 | -14.75 | 25.25 | 46.46 | 0.85 | 28.91 | 15.42 | -8.43 | -4.52 | 72.95 | -6.95 | 36.74 |
| 21Q4 (12) | 1.85 | -9.76 | -36.21 | 1.98 | -10.41 | -27.21 | 49.16 | 10.57 | 56.66 | 46.07 | 11.9 | 37.77 | 16.84 | 2.5 | 21.94 | 78.40 | 13.29 | 53.73 |
| 21Q3 (11) | 2.05 | -19.92 | -24.63 | 2.21 | -12.3 | -2.64 | 44.46 | 25.06 | 32.91 | 41.17 | 14.17 | 2.64 | 16.43 | 1.23 | 0.31 | 69.20 | 24.93 | 21.02 |
| 21Q2 (10) | 2.56 | -5.88 | 6.67 | 2.52 | -0.4 | 34.76 | 35.55 | 6.25 | -6.05 | 36.06 | 0.06 | -25.79 | 16.23 | 0.5 | -11.36 | 55.39 | 3.82 | -18.7 |
| 21Q1 (9) | 2.72 | -6.21 | 35.32 | 2.53 | -6.99 | 27.78 | 33.46 | 6.63 | -26.17 | 36.04 | 7.78 | -21.48 | 16.15 | 16.94 | -4.78 | 53.35 | 4.61 | -28.15 |
| 20Q4 (8) | 2.90 | 6.62 | 48.72 | 2.72 | 19.82 | 8.37 | 31.38 | -6.19 | -32.73 | 33.44 | -16.63 | -7.93 | 13.81 | -15.69 | -6.63 | 51.00 | -10.81 | -25.21 |
| 20Q3 (7) | 2.72 | 13.33 | 26.51 | 2.27 | 21.39 | -6.2 | 33.45 | -11.6 | -20.88 | 40.11 | -17.45 | 6.53 | 16.38 | -10.54 | 31.67 | 57.18 | -16.07 | -15.28 |
| 20Q2 (6) | 2.40 | 19.4 | 10.6 | 1.87 | -5.56 | 1.08 | 37.84 | -16.5 | -9.9 | 48.59 | 5.86 | -0.96 | 18.31 | 7.96 | 45.55 | 68.13 | -8.24 | -13.19 |
| 20Q1 (5) | 2.01 | 3.08 | -2.9 | 1.98 | -21.12 | -1.49 | 45.32 | -2.85 | 2.98 | 45.90 | 26.38 | 1.41 | 16.96 | 14.67 | 25.54 | 74.25 | 8.89 | -1.99 |
| 19Q4 (4) | 1.95 | -9.3 | 0.0 | 2.51 | 3.72 | 0.0 | 46.65 | 10.34 | 0.0 | 36.32 | -3.53 | 0.0 | 14.79 | 18.89 | 0.0 | 68.19 | 1.04 | 0.0 |
| 19Q3 (3) | 2.15 | -0.92 | 0.0 | 2.42 | 30.81 | 0.0 | 42.28 | 0.67 | 0.0 | 37.65 | -23.26 | 0.0 | 12.44 | -1.11 | 0.0 | 67.49 | -14.0 | 0.0 |
| 19Q2 (2) | 2.17 | 4.83 | 0.0 | 1.85 | -7.96 | 0.0 | 42.00 | -4.57 | 0.0 | 49.06 | 8.4 | 0.0 | 12.58 | -6.88 | 0.0 | 78.48 | 3.59 | 0.0 |
| 19Q1 (1) | 2.07 | 0.0 | 0.0 | 2.01 | 0.0 | 0.0 | 44.01 | 0.0 | 0.0 | 45.26 | 0.0 | 0.0 | 13.51 | 0.0 | 0.0 | 75.76 | 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) | 10.92 | 23.25 | 4.64 | -25.16 | 33.44 | -18.8 | 78.64 | 33.63 | 14.09 | -3.43 | 97.99 | 14.69 |
| 2022 (9) | 8.86 | -20.18 | 6.20 | -42.11 | 41.18 | 25.24 | 58.85 | 72.68 | 14.59 | 11.72 | 85.44 | 58.52 |
| 2021 (8) | 11.10 | 50.0 | 10.71 | 24.1 | 32.88 | -33.31 | 34.08 | -19.45 | 13.06 | -22.58 | 53.90 | -27.88 |
| 2020 (7) | 7.40 | -5.97 | 8.63 | -10.57 | 49.30 | 6.34 | 42.31 | 11.9 | 16.87 | 22.16 | 74.74 | 6.23 |
| 2019 (6) | 7.87 | -10.87 | 9.65 | -12.19 | 46.36 | 12.17 | 37.81 | 13.89 | 13.81 | 6.23 | 70.36 | 14.35 |
| 2018 (5) | 8.83 | 3.03 | 10.99 | 12.26 | 41.33 | -2.96 | 33.20 | -10.92 | 13.00 | -10.53 | 61.53 | -5.83 |
| 2017 (4) | 8.57 | -0.23 | 9.79 | 29.67 | 42.59 | 0.19 | 37.27 | -22.92 | 14.53 | 3.79 | 65.34 | -14.99 |
| 2016 (3) | 8.59 | -17.48 | 7.55 | 4.28 | 42.51 | 21.28 | 48.35 | -4.11 | 14.00 | -3.18 | 76.86 | 8.25 |
| 2015 (2) | 10.41 | 7.1 | 7.24 | 29.29 | 35.05 | -6.71 | 50.42 | -22.63 | 14.46 | -41.74 | 71.00 | -8.88 |
| 2014 (1) | 9.72 | -9.07 | 5.60 | 18.64 | 37.57 | 10.01 | 65.17 | -15.76 | 24.82 | 3.2 | 77.92 | -10.91 |
