- 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) | 1.19 | -20.13 | -14.39 | 1.29 | -11.03 | 1.57 | 76.43 | 25.19 | 16.65 | 70.52 | 12.69 | -1.45 | 35.68 | 15.13 | -22.65 | 111.27 | 20.11 | 22.34 |
| 23Q3 (19) | 1.49 | -4.49 | 2.05 | 1.45 | 16.94 | -0.68 | 61.05 | 4.68 | -1.72 | 62.58 | -14.95 | 0.59 | 30.99 | -13.07 | -32.78 | 92.64 | -3.75 | 18.42 |
| 23Q2 (18) | 1.56 | 15.56 | -1.27 | 1.24 | -8.15 | -27.06 | 58.32 | -13.69 | 1.41 | 73.58 | 9.45 | 37.53 | 35.65 | -4.17 | -15.0 | 96.25 | -1.38 | 39.35 |
| 23Q1 (17) | 1.35 | -2.88 | -10.6 | 1.35 | 6.3 | -21.51 | 67.57 | 3.13 | 12.43 | 67.23 | -6.05 | 27.23 | 37.20 | -19.36 | -13.27 | 97.60 | 7.31 | 39.35 |
| 22Q4 (16) | 1.39 | -4.79 | 3.73 | 1.27 | -13.01 | -28.65 | 65.52 | 5.47 | -3.29 | 71.56 | 15.03 | 39.74 | 46.13 | 0.07 | 10.92 | 90.95 | 16.26 | 17.55 |
| 22Q3 (15) | 1.46 | -7.59 | 3.55 | 1.46 | -14.12 | -14.62 | 62.12 | 8.02 | -3.54 | 62.21 | 16.28 | 17.2 | 46.10 | 9.92 | 14.05 | 78.23 | 13.26 | 1.52 |
| 22Q2 (14) | 1.58 | 4.64 | -5.39 | 1.70 | -1.16 | 4.94 | 57.51 | -4.31 | 5.68 | 53.50 | 1.25 | -4.99 | 41.94 | -2.21 | -1.13 | 69.07 | -1.38 | 1.11 |
| 22Q1 (13) | 1.51 | 12.69 | 1.34 | 1.72 | -3.37 | 8.86 | 60.10 | -11.29 | -1.31 | 52.84 | 3.18 | -8.45 | 42.89 | 3.13 | -4.46 | 70.04 | -9.47 | -5.0 |
| 21Q4 (12) | 1.34 | -4.96 | -7.59 | 1.78 | 4.09 | 4.71 | 67.75 | 5.2 | 8.3 | 51.21 | -3.52 | -4.42 | 41.59 | 2.89 | -7.52 | 77.37 | 0.4 | 8.71 |
| 21Q3 (11) | 1.41 | -15.57 | -7.84 | 1.71 | 5.56 | -6.04 | 64.40 | 18.34 | 8.31 | 53.08 | -5.74 | 6.37 | 40.42 | -4.71 | -10.34 | 77.06 | 12.81 | 19.88 |
| 21Q2 (10) | 1.67 | 12.08 | -5.65 | 1.62 | 2.53 | -18.59 | 54.42 | -10.64 | 5.85 | 56.31 | -2.44 | 22.87 | 42.42 | -5.5 | 6.56 | 68.31 | -7.35 | 18.94 |
| 21Q1 (9) | 1.49 | 2.76 | -1.32 | 1.58 | -7.06 | -13.19 | 60.90 | -2.65 | 1.33 | 57.72 | 7.73 | 15.16 | 44.89 | -0.18 | 9.27 | 73.73 | 3.6 | 6.64 |
| 20Q4 (8) | 1.45 | -5.23 | -4.61 | 1.70 | -6.59 | -10.99 | 62.56 | 5.21 | 4.76 | 53.58 | 7.37 | 12.59 | 44.97 | -0.24 | 21.87 | 71.17 | 10.72 | 1.09 |
| 20Q3 (7) | 1.53 | -13.56 | 0.0 | 1.82 | -8.54 | -4.21 | 59.46 | 15.66 | -0.3 | 49.90 | 8.88 | 4.33 | 45.08 | 13.24 | 35.95 | 64.28 | 11.93 | -13.51 |
| 20Q2 (6) | 1.77 | 17.22 | 50.0 | 1.99 | 9.34 | 9.94 | 51.41 | -14.46 | -33.32 | 45.83 | -8.56 | -9.07 | 39.81 | -3.09 | 7.1 | 57.43 | -16.94 | -36.41 |
| 20Q1 (5) | 1.51 | -0.66 | 17.05 | 1.82 | -4.71 | -4.21 | 60.10 | 0.64 | -15.1 | 50.12 | 5.32 | 4.9 | 41.08 | 11.33 | 1.71 | 69.14 | -1.79 | -11.56 |
| 19Q4 (4) | 1.52 | -0.65 | 0.0 | 1.91 | 0.53 | 0.0 | 59.72 | 0.13 | 0.0 | 47.59 | -0.5 | 0.0 | 36.90 | 11.28 | 0.0 | 70.40 | -5.27 | 0.0 |
| 19Q3 (3) | 1.53 | 29.66 | 0.0 | 1.90 | 4.97 | 0.0 | 59.64 | -22.65 | 0.0 | 47.83 | -5.1 | 0.0 | 33.16 | -10.79 | 0.0 | 74.32 | -17.71 | 0.0 |
| 19Q2 (2) | 1.18 | -8.53 | 0.0 | 1.81 | -4.74 | 0.0 | 77.10 | 8.91 | 0.0 | 50.40 | 5.48 | 0.0 | 37.17 | -7.97 | 0.0 | 90.32 | 15.53 | 0.0 |
| 19Q1 (1) | 1.29 | 0.0 | 0.0 | 1.90 | 0.0 | 0.0 | 70.79 | 0.0 | 0.0 | 47.78 | 0.0 | 0.0 | 40.39 | 0.0 | 0.0 | 78.18 | 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) | 5.34 | -14.97 | 5.07 | -17.29 | 68.38 | 17.57 | 72.00 | 20.95 | 38.86 | -6.88 | 101.52 | 33.65 |
| 2022 (9) | 6.28 | 1.62 | 6.13 | -12.05 | 58.16 | -1.47 | 59.53 | 13.72 | 41.73 | -3.38 | 75.96 | 11.38 |
| 2021 (8) | 6.18 | -8.58 | 6.97 | -4.13 | 59.03 | 9.31 | 52.35 | 4.2 | 43.19 | 5.42 | 68.20 | 7.81 |
| 2020 (7) | 6.76 | 41.72 | 7.27 | 9.82 | 54.00 | -29.37 | 50.24 | -8.82 | 40.97 | -13.87 | 63.26 | -24.67 |
| 2019 (6) | 4.77 | -21.42 | 6.62 | -24.26 | 76.46 | 27.22 | 55.10 | 31.98 | 47.57 | 23.91 | 83.98 | 32.34 |
| 2018 (5) | 6.07 | 9.76 | 8.74 | -1.47 | 60.10 | -8.94 | 41.75 | 1.48 | 38.39 | -4.81 | 63.46 | -5.01 |
| 2017 (4) | 5.53 | -2.47 | 8.87 | -0.45 | 66.00 | 2.5 | 41.14 | 0.49 | 40.33 | -7.73 | 66.81 | 8.42 |
| 2016 (3) | 5.67 | -19.0 | 8.91 | -29.12 | 64.39 | 23.57 | 40.94 | 40.98 | 43.71 | 37.97 | 61.62 | 24.56 |
| 2015 (2) | 7.00 | -6.54 | 12.57 | -6.82 | 52.11 | 7.0 | 29.04 | 7.36 | 31.68 | 6.7 | 49.47 | 7.4 |
| 2014 (1) | 7.49 | 0.67 | 13.49 | 10.76 | 48.70 | -0.73 | 27.05 | -9.74 | 29.69 | -3.07 | 46.06 | -4.83 |
