- 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) | 0.79 | -5.95 | 8.22 | 1.67 | -1.76 | 9.15 | 115.04 | 6.79 | -7.92 | 54.61 | 2.06 | -8.25 | 73.78 | 4.15 | 10.65 | 95.87 | 6.04 | -18.59 |
| 23Q3 (19) | 0.84 | -11.58 | -11.58 | 1.70 | 0.0 | 6.92 | 107.73 | 12.95 | 12.07 | 53.51 | -0.22 | -6.47 | 70.84 | 22.12 | 19.93 | 90.41 | -0.65 | -4.1 |
| 23Q2 (18) | 0.95 | 43.94 | 31.94 | 1.70 | 37.1 | 51.79 | 95.38 | -31.2 | -25.05 | 53.63 | -27.21 | -33.84 | 58.01 | -22.41 | -32.91 | 91.00 | -33.84 | -25.32 |
| 23Q1 (17) | 0.66 | -9.59 | -14.29 | 1.24 | -18.95 | -15.07 | 138.63 | 10.97 | 17.91 | 73.68 | 23.79 | 17.89 | 74.76 | 12.12 | 1.19 | 137.55 | 16.81 | 29.53 |
| 22Q4 (16) | 0.73 | -23.16 | -17.98 | 1.53 | -3.77 | -2.55 | 124.93 | 29.96 | 22.16 | 59.52 | 4.04 | 2.48 | 66.68 | 12.88 | 5.52 | 117.76 | 24.9 | 21.2 |
| 22Q3 (15) | 0.95 | 31.94 | 13.1 | 1.59 | 41.96 | 18.66 | 96.13 | -24.46 | -11.29 | 57.21 | -29.42 | -15.72 | 59.07 | -31.68 | -16.51 | 94.28 | -22.63 | -10.63 |
| 22Q2 (14) | 0.72 | -6.49 | -17.24 | 1.12 | -23.29 | -18.84 | 127.25 | 8.23 | 21.61 | 81.06 | 29.7 | 22.54 | 86.46 | 17.03 | 22.03 | 121.85 | 14.75 | 21.92 |
| 22Q1 (13) | 0.77 | -13.48 | 8.45 | 1.46 | -7.01 | 16.8 | 117.57 | 14.96 | -8.29 | 62.50 | 7.61 | -14.29 | 73.88 | 16.92 | -18.26 | 106.19 | 9.29 | -4.11 |
| 21Q4 (12) | 0.89 | 5.95 | 3.49 | 1.57 | 17.16 | -7.1 | 102.27 | -5.62 | -3.38 | 58.08 | -14.44 | 7.86 | 63.19 | -10.69 | -20.53 | 97.16 | -7.9 | 21.16 |
| 21Q3 (11) | 0.84 | -3.45 | -10.64 | 1.34 | -2.9 | -28.72 | 108.36 | 3.56 | 12.01 | 67.88 | 2.62 | 40.19 | 70.75 | -0.14 | 3.19 | 105.49 | 5.55 | 37.73 |
| 21Q2 (10) | 0.87 | 22.54 | -16.35 | 1.38 | 10.4 | -21.14 | 104.64 | -18.38 | 19.06 | 66.15 | -9.28 | 27.55 | 70.85 | -21.61 | 21.21 | 99.94 | -9.75 | 22.93 |
| 21Q1 (9) | 0.71 | -17.44 | 9.23 | 1.25 | -26.04 | 15.74 | 128.20 | 21.11 | -7.86 | 72.92 | 35.41 | -13.25 | 90.38 | 13.67 | -4.92 | 110.74 | 38.1 | -13.57 |
| 20Q4 (8) | 0.86 | -8.51 | 2.38 | 1.69 | -10.11 | 6.96 | 105.85 | 9.42 | -2.52 | 53.85 | 11.21 | -6.28 | 79.51 | 15.97 | -0.36 | 80.19 | 4.7 | -7.03 |
| 20Q3 (7) | 0.94 | -9.62 | 11.9 | 1.88 | 7.43 | 5.03 | 96.74 | 10.07 | -10.82 | 48.42 | -6.63 | -4.7 | 68.56 | 17.3 | -5.86 | 76.59 | -5.79 | -11.42 |
| 20Q2 (6) | 1.04 | 60.0 | 19.54 | 1.75 | 62.04 | 3.55 | 87.89 | -36.83 | -15.95 | 51.86 | -38.31 | -3.71 | 58.45 | -38.51 | -12.21 | 81.30 | -36.54 | -11.49 |
| 20Q1 (5) | 0.65 | -22.62 | -2.99 | 1.08 | -31.65 | -14.96 | 139.13 | 28.12 | 2.46 | 84.06 | 46.29 | 17.4 | 95.06 | 19.12 | 7.69 | 128.12 | 48.54 | 7.56 |
| 19Q4 (4) | 0.84 | 0.0 | 0.0 | 1.58 | -11.73 | 0.0 | 108.59 | 0.1 | 0.0 | 57.46 | 13.09 | 0.0 | 79.80 | 9.57 | 0.0 | 86.25 | -0.24 | 0.0 |
| 19Q3 (3) | 0.84 | -3.45 | 0.0 | 1.79 | 5.92 | 0.0 | 108.48 | 3.74 | 0.0 | 50.81 | -5.66 | 0.0 | 72.83 | 9.39 | 0.0 | 86.46 | -5.87 | 0.0 |
| 19Q2 (2) | 0.87 | 29.85 | 0.0 | 1.69 | 33.07 | 0.0 | 104.57 | -22.99 | 0.0 | 53.86 | -24.78 | 0.0 | 66.58 | -24.57 | 0.0 | 91.85 | -22.89 | 0.0 |
| 19Q1 (1) | 0.67 | 0.0 | 0.0 | 1.27 | 0.0 | 0.0 | 135.79 | 0.0 | 0.0 | 71.60 | 0.0 | 0.0 | 88.27 | 0.0 | 0.0 | 119.12 | 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) | 3.06 | -1.92 | 6.44 | 4.04 | 119.17 | 1.79 | 56.67 | -3.85 | 67.52 | 0.99 | 108.32 | -0.75 |
| 2022 (9) | 3.12 | 3.31 | 6.19 | 5.27 | 117.07 | -3.08 | 58.94 | -5.01 | 66.86 | -16.16 | 109.14 | 5.88 |
| 2021 (8) | 3.02 | -11.44 | 5.88 | -4.85 | 120.79 | 12.89 | 62.05 | 5.13 | 79.75 | -1.65 | 103.08 | 21.36 |
| 2020 (7) | 3.41 | 12.54 | 6.18 | 8.42 | 107.00 | -11.31 | 59.02 | -7.78 | 81.09 | -3.75 | 84.94 | -15.4 |
| 2019 (6) | 3.03 | 13.06 | 5.70 | -5.0 | 120.65 | -11.25 | 64.00 | 5.12 | 84.25 | -5.19 | 100.40 | -7.0 |
| 2018 (5) | 2.68 | -4.29 | 6.00 | -6.4 | 135.94 | 4.23 | 60.88 | 6.96 | 88.86 | -1.66 | 107.96 | 11.33 |
| 2017 (4) | 2.80 | 12.0 | 6.41 | 8.46 | 130.42 | -10.51 | 56.92 | -7.91 | 90.36 | -12.0 | 96.97 | -7.53 |
| 2016 (3) | 2.50 | -11.66 | 5.91 | -16.29 | 145.74 | 12.95 | 61.81 | 19.46 | 102.68 | 14.24 | 104.87 | 15.38 |
| 2015 (2) | 2.83 | -2.75 | 7.06 | -2.35 | 129.03 | 2.74 | 51.74 | 2.5 | 89.88 | 2.93 | 90.89 | 2.4 |
| 2014 (1) | 2.91 | 11.92 | 7.23 | 34.14 | 125.59 | -10.55 | 50.48 | -25.4 | 87.32 | -5.18 | 88.76 | -23.48 |
