- 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) | 5.09 | 9.23 | 22.36 | 1.15 | -8.73 | 0.88 | 17.86 | -8.46 | -18.34 | 79.12 | 9.52 | -0.85 | 35.32 | 2.56 | -18.84 | 61.66 | 7.61 | 6.04 |
| 23Q3 (19) | 4.66 | 2.64 | 14.78 | 1.26 | -3.08 | -14.86 | 19.51 | -2.74 | -12.86 | 72.24 | 3.45 | 17.39 | 34.44 | -2.88 | -10.87 | 57.30 | 5.29 | 26.52 |
| 23Q2 (18) | 4.54 | -4.02 | 33.14 | 1.30 | 6.56 | -2.99 | 20.06 | 4.32 | -24.73 | 69.83 | -6.54 | 2.62 | 35.46 | -3.98 | -14.45 | 54.42 | -4.56 | 2.2 |
| 23Q1 (17) | 4.73 | 13.7 | 26.47 | 1.22 | 7.02 | -3.17 | 19.23 | -12.07 | -21.03 | 74.72 | -6.37 | 3.52 | 36.93 | -15.14 | -16.86 | 57.02 | -1.94 | 9.44 |
| 22Q4 (16) | 4.16 | 2.46 | -4.37 | 1.14 | -22.97 | -10.94 | 21.87 | -2.32 | 4.64 | 79.80 | 29.67 | 12.49 | 43.52 | 12.63 | 5.22 | 58.15 | 28.39 | 15.19 |
| 22Q3 (15) | 4.06 | 19.06 | 14.04 | 1.48 | 10.45 | 29.82 | 22.39 | -15.98 | -12.4 | 61.54 | -9.57 | -23.11 | 38.64 | -6.78 | -7.78 | 45.29 | -14.95 | -28.9 |
| 22Q2 (14) | 3.41 | -8.82 | -3.12 | 1.34 | 6.35 | 17.54 | 26.65 | 9.45 | 3.13 | 68.05 | -5.72 | -14.84 | 41.45 | -6.69 | -1.71 | 53.25 | 2.21 | -16.25 |
| 22Q1 (13) | 3.74 | -14.02 | -11.16 | 1.26 | -1.56 | 0.0 | 24.35 | 16.51 | 12.63 | 72.18 | 1.75 | 0.18 | 44.42 | 7.4 | -2.01 | 52.10 | 3.21 | 7.78 |
| 21Q4 (12) | 4.35 | 22.19 | -15.37 | 1.28 | 12.28 | -24.26 | 20.90 | -18.23 | 18.08 | 70.94 | -11.37 | 32.08 | 41.36 | -1.29 | 11.63 | 50.48 | -20.75 | 46.96 |
| 21Q3 (11) | 3.56 | 1.14 | -18.72 | 1.14 | 0.0 | -27.39 | 25.56 | -1.08 | 23.12 | 80.04 | 0.16 | 38.26 | 41.90 | -0.64 | 11.47 | 63.70 | 0.19 | 55.14 |
| 21Q2 (10) | 3.52 | -16.39 | 2.33 | 1.14 | -9.52 | -20.83 | 25.84 | 19.52 | -2.27 | 79.91 | 10.91 | 26.34 | 42.17 | -6.97 | -1.61 | 63.58 | 31.53 | 35.8 |
| 21Q1 (9) | 4.21 | -18.09 | 27.58 | 1.26 | -25.44 | -10.0 | 21.62 | 22.15 | -21.67 | 72.05 | 34.15 | 10.73 | 45.33 | 22.35 | 5.15 | 48.34 | 40.73 | -2.46 |
| 20Q4 (8) | 5.14 | 17.35 | 67.43 | 1.69 | 7.64 | 19.86 | 17.70 | -14.74 | -40.22 | 53.71 | -7.22 | -17.08 | 37.05 | -1.44 | -8.38 | 34.35 | -16.34 | -36.32 |
| 20Q3 (7) | 4.38 | 27.33 | 58.7 | 1.57 | 9.03 | 6.8 | 20.76 | -21.48 | -37.11 | 57.89 | -8.47 | -6.48 | 37.59 | -12.3 | 1.1 | 41.06 | -12.3 | -28.89 |
| 20Q2 (6) | 3.44 | 4.24 | 36.51 | 1.44 | 2.86 | 6.67 | 26.44 | -4.2 | -26.74 | 63.25 | -2.8 | -6.38 | 42.86 | -0.58 | 5.15 | 46.82 | -5.53 | -25.56 |
| 20Q1 (5) | 3.30 | 7.49 | 20.0 | 1.40 | -0.71 | -2.1 | 27.60 | -6.79 | -16.74 | 65.07 | 0.46 | 1.97 | 43.11 | 6.6 | 7.86 | 49.56 | -8.12 | -13.04 |
| 19Q4 (4) | 3.07 | 11.23 | 0.0 | 1.41 | -4.08 | 0.0 | 29.61 | -10.3 | 0.0 | 64.77 | 4.64 | 0.0 | 40.44 | 8.77 | 0.0 | 53.94 | -6.58 | 0.0 |
| 19Q3 (3) | 2.76 | 9.52 | 0.0 | 1.47 | 8.89 | 0.0 | 33.01 | -8.53 | 0.0 | 61.90 | -8.38 | 0.0 | 37.18 | -8.78 | 0.0 | 57.74 | -8.2 | 0.0 |
| 19Q2 (2) | 2.52 | -8.36 | 0.0 | 1.35 | -5.59 | 0.0 | 36.09 | 8.87 | 0.0 | 67.56 | 5.88 | 0.0 | 40.76 | 1.98 | 0.0 | 62.90 | 10.37 | 0.0 |
| 19Q1 (1) | 2.75 | 0.0 | 0.0 | 1.43 | 0.0 | 0.0 | 33.15 | 0.0 | 0.0 | 63.81 | 0.0 | 0.0 | 39.97 | 0.0 | 0.0 | 56.99 | 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) | 23.81 | 21.79 | 4.95 | 0.81 | 15.33 | -17.89 | 73.69 | -0.78 | 33.17 | -16.26 | 55.85 | 4.73 |
| 2022 (9) | 19.55 | 8.01 | 4.91 | -8.74 | 18.67 | -7.44 | 74.27 | 9.38 | 39.61 | -13.42 | 53.33 | 26.02 |
| 2021 (8) | 18.10 | -1.9 | 5.38 | -16.07 | 20.17 | 1.97 | 67.90 | 19.19 | 45.75 | 19.39 | 42.32 | 10.09 |
| 2020 (7) | 18.45 | 31.6 | 6.41 | 1.42 | 19.78 | -24.01 | 56.97 | -1.33 | 38.32 | 9.64 | 38.44 | -21.26 |
| 2019 (6) | 14.02 | 8.18 | 6.32 | 0.0 | 26.03 | -7.53 | 57.74 | 0.03 | 34.95 | 2.25 | 48.82 | -5.55 |
| 2018 (5) | 12.96 | 39.5 | 6.32 | 13.26 | 28.15 | -28.35 | 57.72 | -11.69 | 34.18 | 0.71 | 51.69 | -26.9 |
| 2017 (4) | 9.29 | -10.93 | 5.58 | 37.1 | 39.29 | 12.29 | 65.36 | -27.1 | 33.94 | 18.05 | 70.71 | -26.27 |
| 2016 (3) | 10.43 | -27.37 | 4.07 | 29.62 | 34.99 | 37.7 | 89.66 | -22.83 | 28.75 | -1.37 | 95.90 | -14.72 |
| 2015 (2) | 14.36 | -21.1 | 3.14 | -18.02 | 25.41 | 26.73 | 116.19 | 22.0 | 29.15 | 14.76 | 112.45 | 25.1 |
| 2014 (1) | 18.20 | -7.28 | 3.83 | 13.65 | 20.05 | 7.8 | 95.24 | -12.02 | 25.40 | -10.34 | 89.89 | -8.76 |
