- 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) | 1.18 | -2.48 | -7.81 | 0.62 | -31.11 | -30.34 | 77.27 | 2.55 | 8.46 | 146.46 | 44.15 | 43.8 | 112.48 | 12.07 | 36.99 | 111.25 | 45.27 | 22.28 |
| 23Q3 (19) | 1.21 | -18.79 | -15.97 | 0.90 | -20.35 | 2.27 | 75.35 | 23.52 | 18.92 | 101.60 | 26.04 | -1.26 | 100.37 | 30.37 | 41.19 | 76.58 | 18.51 | -19.53 |
| 23Q2 (18) | 1.49 | 25.21 | 12.88 | 1.13 | 31.4 | 79.37 | 61.00 | -20.43 | -11.4 | 80.61 | -23.72 | -44.47 | 76.99 | -19.68 | -8.54 | 64.62 | -25.27 | -50.23 |
| 23Q1 (17) | 1.19 | -7.03 | 8.18 | 0.86 | -3.37 | 21.13 | 76.66 | 7.61 | -7.1 | 105.67 | 3.75 | -17.54 | 95.86 | 16.75 | 35.09 | 86.47 | -4.96 | -38.11 |
| 22Q4 (16) | 1.28 | -11.11 | 26.73 | 0.89 | 1.14 | 27.14 | 71.24 | 12.44 | -20.99 | 101.85 | -1.02 | -21.51 | 82.11 | 15.5 | -2.38 | 90.98 | -4.4 | -33.02 |
| 22Q3 (15) | 1.44 | 9.09 | 20.0 | 0.88 | 39.68 | 4.76 | 63.36 | -7.97 | -16.25 | 102.90 | -29.12 | -5.54 | 71.09 | -15.55 | -10.72 | 95.17 | -26.7 | -9.32 |
| 22Q2 (14) | 1.32 | 20.0 | -0.75 | 0.63 | -11.27 | -28.41 | 68.85 | -16.57 | 0.28 | 145.17 | 13.28 | 41.0 | 84.18 | 18.63 | 8.66 | 129.83 | -7.08 | 37.91 |
| 22Q1 (13) | 1.10 | 8.91 | -5.98 | 0.71 | 1.43 | -19.32 | 82.52 | -8.48 | 6.45 | 128.15 | -1.25 | 24.06 | 70.96 | -15.63 | -16.63 | 139.72 | 2.86 | 46.0 |
| 21Q4 (12) | 1.01 | -15.83 | -56.09 | 0.70 | -16.67 | -49.28 | 90.17 | 19.19 | 127.64 | 129.77 | 19.13 | 97.31 | 84.11 | 5.63 | 40.7 | 135.83 | 29.42 | 197.87 |
| 21Q3 (11) | 1.20 | -9.77 | -26.38 | 0.84 | -4.55 | -12.5 | 75.65 | 10.18 | 35.33 | 108.93 | 5.8 | 15.25 | 79.63 | 2.79 | 3.52 | 104.95 | 11.48 | 42.79 |
| 21Q2 (10) | 1.33 | 13.68 | -2.92 | 0.88 | 0.0 | 8.64 | 68.66 | -11.43 | 3.59 | 102.96 | -0.33 | -8.57 | 77.47 | -8.98 | -0.97 | 94.14 | -1.63 | -6.49 |
| 21Q1 (9) | 1.17 | -49.13 | 18.18 | 0.88 | -36.23 | 33.33 | 77.52 | 95.71 | -15.79 | 103.30 | 57.06 | -24.94 | 85.11 | 42.37 | 3.13 | 95.70 | 109.87 | -34.97 |
| 20Q4 (8) | 2.30 | 41.1 | 103.54 | 1.38 | 43.75 | 79.22 | 39.61 | -29.14 | -50.69 | 65.77 | -30.42 | -44.31 | 59.78 | -22.28 | -11.44 | 45.60 | -37.96 | -65.17 |
| 20Q3 (7) | 1.63 | 18.98 | 61.39 | 0.96 | 18.52 | 45.45 | 55.90 | -15.66 | -37.83 | 94.52 | -16.06 | -31.96 | 76.92 | -1.67 | -0.93 | 73.50 | -26.99 | -51.39 |
| 20Q2 (6) | 1.37 | 38.38 | 13.22 | 0.81 | 22.73 | 19.12 | 66.28 | -28.0 | -11.71 | 112.61 | -18.18 | -15.54 | 78.23 | -5.21 | 7.8 | 100.67 | -31.6 | -25.89 |
| 20Q1 (5) | 0.99 | -12.39 | 0.0 | 0.66 | -14.29 | 26.92 | 92.06 | 14.6 | 0.15 | 137.63 | 16.53 | -21.53 | 82.53 | 22.27 | -15.32 | 147.17 | 12.39 | -13.35 |
| 19Q4 (4) | 1.13 | 11.88 | 0.0 | 0.77 | 16.67 | 0.0 | 80.33 | -10.67 | 0.0 | 118.11 | -14.98 | 0.0 | 67.50 | -13.06 | 0.0 | 130.94 | -13.4 | 0.0 |
| 19Q3 (3) | 1.01 | -16.53 | 0.0 | 0.66 | -2.94 | 0.0 | 89.92 | 19.78 | 0.0 | 138.92 | 4.19 | 0.0 | 77.64 | 6.99 | 0.0 | 151.20 | 11.32 | 0.0 |
| 19Q2 (2) | 1.21 | 22.22 | 0.0 | 0.68 | 30.77 | 0.0 | 75.07 | -18.33 | 0.0 | 133.33 | -23.98 | 0.0 | 72.57 | -25.54 | 0.0 | 135.83 | -20.02 | 0.0 |
| 19Q1 (1) | 0.99 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 91.92 | 0.0 | 0.0 | 175.39 | 0.0 | 0.0 | 97.46 | 0.0 | 0.0 | 169.84 | 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) | 5.75 | 11.43 | 3.31 | -1.49 | 63.48 | -10.33 | 110.21 | 1.32 | 81.58 | -0.92 | 92.12 | -5.25 |
| 2022 (9) | 5.16 | 11.69 | 3.36 | 3.7 | 70.79 | -10.47 | 108.77 | -3.44 | 82.34 | -4.89 | 97.22 | -7.55 |
| 2021 (8) | 4.62 | -23.51 | 3.24 | -13.14 | 79.07 | 30.76 | 112.65 | 15.17 | 86.57 | 13.61 | 105.16 | 28.13 |
| 2020 (7) | 6.04 | 41.45 | 3.73 | 35.14 | 60.47 | -29.28 | 97.81 | -26.13 | 76.20 | -1.96 | 82.07 | -41.46 |
| 2019 (6) | 4.27 | -1.84 | 2.76 | -3.83 | 85.51 | 2.02 | 132.40 | 4.16 | 77.72 | -11.23 | 140.19 | 13.62 |
| 2018 (5) | 4.35 | 11.83 | 2.87 | -0.35 | 83.82 | -10.57 | 127.11 | 0.42 | 87.55 | -18.43 | 123.38 | 9.2 |
| 2017 (4) | 3.89 | -13.17 | 2.88 | -6.49 | 93.73 | 14.94 | 126.58 | 6.86 | 107.33 | 8.73 | 112.99 | 11.56 |
| 2016 (3) | 4.48 | 140.86 | 3.08 | 8.07 | 81.55 | -58.5 | 118.45 | -7.65 | 98.71 | -16.24 | 101.28 | -51.06 |
| 2015 (2) | 1.86 | -15.84 | 2.85 | -8.95 | 196.52 | 18.89 | 128.26 | 10.03 | 117.85 | -5.53 | 206.93 | 31.7 |
| 2014 (1) | 2.21 | -61.02 | 3.13 | -3.1 | 165.29 | 156.86 | 116.57 | 3.14 | 124.75 | 37.95 | 157.12 | 80.72 |
