- 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) | 1.04 | 10.64 | -10.34 | 1.09 | 9.0 | 11.22 | 87.52 | -9.81 | 11.38 | 83.49 | -8.36 | -10.19 | 128.67 | -3.81 | -4.56 | 42.35 | -22.11 | 15.33 |
| 23Q3 (19) | 0.94 | -6.0 | -29.85 | 1.00 | 1.01 | 2.04 | 97.04 | 6.72 | 43.3 | 91.11 | -1.2 | -1.4 | 133.77 | -1.24 | 10.86 | 54.37 | 13.98 | 37.85 |
| 23Q2 (18) | 1.00 | 16.28 | 23.46 | 0.99 | 25.32 | 57.14 | 90.93 | -13.6 | -19.47 | 92.22 | -20.14 | -36.06 | 135.45 | -21.62 | -30.58 | 47.70 | -0.42 | -23.08 |
| 23Q1 (17) | 0.86 | -25.86 | -9.47 | 0.79 | -19.39 | -8.14 | 105.24 | 33.93 | 10.37 | 115.47 | 24.21 | 8.87 | 172.82 | 28.19 | 7.32 | 47.90 | 30.45 | 18.59 |
| 22Q4 (16) | 1.16 | -13.43 | -1.69 | 0.98 | 0.0 | -1.01 | 78.58 | 16.04 | 2.18 | 92.96 | 0.61 | 1.21 | 134.82 | 11.73 | -4.12 | 36.72 | -6.9 | 30.54 |
| 22Q3 (15) | 1.34 | 65.43 | 27.62 | 0.98 | 55.56 | 18.07 | 67.72 | -40.02 | -21.64 | 92.40 | -35.93 | -15.96 | 120.67 | -38.16 | -29.3 | 39.44 | -36.4 | 53.52 |
| 22Q2 (14) | 0.81 | -14.74 | -40.44 | 0.63 | -26.74 | -35.71 | 112.91 | 18.42 | 69.13 | 144.22 | 35.98 | 54.99 | 195.12 | 21.17 | 36.67 | 62.01 | 53.53 | 264.12 |
| 22Q1 (13) | 0.95 | -19.49 | 1.06 | 0.86 | -13.13 | 3.61 | 95.35 | 23.99 | -1.71 | 106.06 | 15.47 | -3.64 | 161.03 | 14.51 | -10.93 | 40.39 | 43.58 | 53.63 |
| 21Q4 (12) | 1.18 | 12.38 | -16.31 | 0.99 | 19.28 | -31.72 | 76.90 | -11.02 | 19.3 | 91.85 | -16.46 | 46.0 | 140.62 | -17.61 | 40.17 | 28.13 | 9.5 | 3.99 |
| 21Q3 (11) | 1.05 | -22.79 | -11.02 | 0.83 | -15.31 | -15.31 | 86.42 | 29.45 | 12.19 | 109.95 | 18.16 | 18.99 | 170.67 | 19.54 | 40.84 | 25.69 | 50.85 | -46.76 |
| 21Q2 (10) | 1.36 | 44.68 | 0.0 | 0.98 | 18.07 | 2.08 | 66.76 | -31.18 | -0.01 | 93.05 | -15.46 | -2.24 | 142.77 | -21.03 | 24.93 | 17.03 | -35.22 | -64.28 |
| 21Q1 (9) | 0.94 | -33.33 | 2.17 | 0.83 | -42.76 | 12.16 | 97.01 | 50.5 | -1.66 | 110.07 | 74.96 | -11.04 | 180.80 | 80.22 | 21.65 | 26.29 | -2.81 | -64.36 |
| 20Q4 (8) | 1.41 | 19.49 | 17.5 | 1.45 | 47.96 | 30.63 | 64.46 | -16.32 | -15.28 | 62.91 | -31.92 | -23.03 | 100.32 | -17.21 | 4.32 | 27.05 | -43.94 | -56.12 |
| 20Q3 (7) | 1.18 | -13.24 | 10.28 | 0.98 | 2.08 | 4.26 | 77.03 | 15.37 | -9.09 | 92.40 | -2.92 | -4.33 | 121.18 | 6.04 | 20.55 | 48.25 | 1.2 | -40.28 |
| 20Q2 (6) | 1.36 | 47.83 | 22.52 | 0.96 | 29.73 | 14.29 | 66.77 | -32.32 | -18.44 | 95.18 | -23.07 | -11.76 | 114.28 | -23.11 | 8.58 | 47.68 | -35.36 | -43.56 |
| 20Q1 (5) | 0.92 | -23.33 | -9.8 | 0.74 | -33.33 | -2.63 | 98.65 | 29.65 | 10.74 | 123.73 | 51.39 | 3.81 | 148.62 | 54.54 | 20.91 | 73.76 | 19.64 | -13.58 |
| 19Q4 (4) | 1.20 | 12.15 | 0.0 | 1.11 | 18.09 | 0.0 | 76.09 | -10.2 | 0.0 | 81.73 | -15.38 | 0.0 | 96.17 | -4.33 | 0.0 | 61.65 | -23.69 | 0.0 |
| 19Q3 (3) | 1.07 | -3.6 | 0.0 | 0.94 | 11.9 | 0.0 | 84.73 | 3.49 | 0.0 | 96.58 | -10.47 | 0.0 | 100.52 | -4.49 | 0.0 | 80.79 | -4.37 | 0.0 |
| 19Q2 (2) | 1.11 | 8.82 | 0.0 | 0.84 | 10.53 | 0.0 | 81.87 | -8.09 | 0.0 | 107.87 | -9.5 | 0.0 | 105.25 | -14.38 | 0.0 | 84.48 | -1.02 | 0.0 |
| 19Q1 (1) | 1.02 | 0.0 | 0.0 | 0.76 | 0.0 | 0.0 | 89.08 | 0.0 | 0.0 | 119.19 | 0.0 | 0.0 | 122.92 | 0.0 | 0.0 | 85.35 | 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) | 3.90 | 0.0 | 3.81 | 3.53 | 93.64 | 0.01 | 95.74 | -3.38 | 152.56 | -0.94 | 36.82 | -4.91 |
| 2022 (9) | 3.90 | 8.03 | 3.68 | -2.9 | 93.63 | -7.48 | 99.09 | 2.84 | 154.00 | -5.71 | 38.72 | 13.15 |
| 2021 (8) | 3.61 | -9.52 | 3.79 | -9.11 | 101.20 | 10.61 | 96.35 | 10.05 | 163.33 | 24.3 | 34.22 | -28.17 |
| 2020 (7) | 3.99 | -8.28 | 4.17 | 14.56 | 91.49 | 8.97 | 87.55 | -12.59 | 131.40 | 15.35 | 47.64 | -32.15 |
| 2019 (6) | 4.35 | -2.68 | 3.64 | -1.36 | 83.96 | 2.78 | 100.16 | 1.36 | 113.91 | -1.24 | 70.21 | 7.73 |
| 2018 (5) | 4.47 | 5.92 | 3.69 | -8.21 | 81.69 | -5.53 | 98.82 | 8.95 | 115.34 | -2.1 | 65.17 | 9.77 |
| 2017 (4) | 4.22 | 0.24 | 4.02 | -7.16 | 86.47 | -0.27 | 90.70 | 7.72 | 117.81 | -3.76 | 59.37 | 22.41 |
| 2016 (3) | 4.21 | 3.95 | 4.33 | 5.1 | 86.70 | -3.81 | 84.20 | -4.99 | 122.41 | -22.73 | 48.50 | 138.68 |
| 2015 (2) | 4.05 | -51.44 | 4.12 | -15.75 | 90.13 | 106.06 | 88.62 | 18.67 | 158.42 | 28.46 | 20.32 | 0 |
| 2014 (1) | 8.34 | -58.15 | 4.89 | 7.71 | 43.74 | 138.89 | 74.68 | -7.08 | 123.32 | 14.76 | -4.90 | 0 |
