- 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) | 13.98 | -15.12 | -23.81 | 2.26 | 1.8 | 0.0 | 6.51 | 17.93 | 31.25 | 40.28 | -1.59 | -0.02 | 61.10 | 3.74 | 6.37 | -14.31 | -15.03 | -17.39 |
| 23Q3 (19) | 16.47 | -26.08 | -21.79 | 2.22 | -5.53 | 0.0 | 5.52 | 35.29 | 27.78 | 40.93 | 5.82 | -0.32 | 58.90 | -7.91 | 2.65 | -12.44 | 41.32 | -3.67 |
| 23Q2 (18) | 22.28 | 8.21 | 19.72 | 2.35 | -2.08 | 15.2 | 4.08 | -7.69 | -16.56 | 38.68 | 2.0 | -13.43 | 63.96 | -0.45 | -3.44 | -21.20 | 3.24 | -27.17 |
| 23Q1 (17) | 20.59 | 12.21 | 22.85 | 2.40 | 6.19 | -2.04 | 4.42 | -10.89 | -18.6 | 37.92 | -5.88 | 2.29 | 64.25 | 11.86 | 0.02 | -21.91 | -79.74 | -0.78 |
| 22Q4 (16) | 18.35 | -12.87 | 33.65 | 2.26 | 1.8 | -17.22 | 4.96 | 14.81 | -25.19 | 40.29 | -1.88 | 21.06 | 57.44 | 0.1 | -7.92 | -12.19 | -1.58 | 45.75 |
| 22Q3 (15) | 21.06 | 13.16 | 46.05 | 2.22 | 8.82 | -22.38 | 4.32 | -11.66 | -31.54 | 41.06 | -8.1 | 28.88 | 57.38 | -13.38 | -0.36 | -12.00 | 28.01 | 38.24 |
| 22Q2 (14) | 18.61 | 11.04 | 8.32 | 2.04 | -16.73 | -27.92 | 4.89 | -9.94 | -7.74 | 44.68 | 20.53 | 38.93 | 66.24 | 3.11 | 13.95 | -16.67 | 23.32 | 19.39 |
| 22Q1 (13) | 16.76 | 22.07 | 3.2 | 2.45 | -10.26 | -15.52 | 5.43 | -18.1 | -3.04 | 37.07 | 11.39 | 18.32 | 64.24 | 2.98 | 6.96 | -21.74 | 3.25 | 5.97 |
| 21Q4 (12) | 13.73 | -4.79 | 4.81 | 2.73 | -4.55 | -6.83 | 6.63 | 5.07 | -4.47 | 33.28 | 4.46 | 7.08 | 62.38 | 8.32 | 1.41 | -22.47 | -15.65 | 4.3 |
| 21Q3 (11) | 14.42 | -16.07 | 10.58 | 2.86 | 1.06 | -6.54 | 6.31 | 19.06 | -9.6 | 31.86 | -0.93 | 7.31 | 57.59 | -0.93 | -1.61 | -19.43 | 6.04 | 11.12 |
| 21Q2 (10) | 17.18 | 5.79 | 30.35 | 2.83 | -2.41 | 6.79 | 5.30 | -5.36 | -23.19 | 32.16 | 2.65 | -6.43 | 58.13 | -3.21 | -15.75 | -20.68 | 10.55 | 25.42 |
| 21Q1 (9) | 16.24 | 23.97 | 20.39 | 2.90 | -1.02 | 14.62 | 5.60 | -19.31 | -17.04 | 31.33 | 0.8 | -12.95 | 60.06 | -2.36 | -16.96 | -23.12 | 1.53 | 21.89 |
| 20Q4 (8) | 13.10 | 0.46 | -11.61 | 2.93 | -4.25 | -2.98 | 6.94 | -0.57 | 13.03 | 31.08 | 4.68 | 3.12 | 61.51 | 5.09 | 3.88 | -23.48 | -7.41 | -2.4 |
| 20Q3 (7) | 13.04 | -1.06 | -15.71 | 3.06 | 15.47 | -2.24 | 6.98 | 1.16 | 18.71 | 29.69 | -13.62 | 2.13 | 58.53 | -15.17 | 4.78 | -21.86 | 21.17 | -4.54 |
| 20Q2 (6) | 13.18 | -2.3 | -19.59 | 2.65 | 4.74 | -11.96 | 6.90 | 2.22 | 24.32 | 34.37 | -4.5 | 13.77 | 69.00 | -4.6 | 23.48 | -27.73 | 6.32 | -37.82 |
| 20Q1 (5) | 13.49 | -8.97 | -21.34 | 2.53 | -16.23 | -14.81 | 6.75 | 9.93 | 27.36 | 35.99 | 19.41 | 17.38 | 72.33 | 22.16 | 23.9 | -29.60 | -29.09 | -32.08 |
| 19Q4 (4) | 14.82 | -4.2 | 0.0 | 3.02 | -3.51 | 0.0 | 6.14 | 4.42 | 0.0 | 30.14 | 3.68 | 0.0 | 59.21 | 6.0 | 0.0 | -22.93 | -9.66 | 0.0 |
| 19Q3 (3) | 15.47 | -5.61 | 0.0 | 3.13 | 3.99 | 0.0 | 5.88 | 5.95 | 0.0 | 29.07 | -3.77 | 0.0 | 55.86 | -0.04 | 0.0 | -20.91 | -3.93 | 0.0 |
| 19Q2 (2) | 16.39 | -4.43 | 0.0 | 3.01 | 1.35 | 0.0 | 5.55 | 4.72 | 0.0 | 30.21 | -1.47 | 0.0 | 55.88 | -4.28 | 0.0 | -20.12 | 10.22 | 0.0 |
| 19Q1 (1) | 17.15 | 0.0 | 0.0 | 2.97 | 0.0 | 0.0 | 5.30 | 0.0 | 0.0 | 30.66 | 0.0 | 0.0 | 58.38 | 0.0 | 0.0 | -22.41 | 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) | 65.52 | 3.75 | 9.34 | -4.01 | 5.57 | -3.63 | 39.07 | 4.13 | 59.43 | -6.14 | -14.78 | 0 |
| 2022 (9) | 63.15 | 5.0 | 9.73 | -11.87 | 5.78 | -4.78 | 37.52 | 13.42 | 63.32 | -3.12 | -20.02 | 0 |
| 2021 (8) | 60.14 | 8.03 | 11.04 | 2.22 | 6.07 | -7.47 | 33.08 | -2.1 | 65.36 | -3.94 | -26.22 | 0 |
| 2020 (7) | 55.67 | -17.16 | 10.80 | -11.4 | 6.56 | 20.81 | 33.79 | 12.86 | 68.04 | 12.43 | -27.69 | 0 |
| 2019 (6) | 67.20 | -6.18 | 12.19 | -6.3 | 5.43 | 6.47 | 29.94 | 6.7 | 60.52 | 16.92 | -25.15 | 0 |
| 2018 (5) | 71.63 | 2.01 | 13.01 | 2.52 | 5.10 | -1.92 | 28.06 | -2.43 | 51.76 | 6.07 | -18.60 | 0 |
| 2017 (4) | 70.22 | -9.79 | 12.69 | -7.51 | 5.20 | 10.87 | 28.76 | 8.12 | 48.80 | 1.33 | -14.84 | 0 |
| 2016 (3) | 77.84 | -3.38 | 13.72 | -9.44 | 4.69 | 3.53 | 26.60 | 10.42 | 48.16 | 6.5 | -16.87 | 0 |
| 2015 (2) | 80.56 | 7.03 | 15.15 | -4.36 | 4.53 | -6.6 | 24.09 | 4.56 | 45.22 | 7.46 | -16.59 | 0 |
| 2014 (1) | 75.27 | 16.52 | 15.84 | -0.44 | 4.85 | -14.16 | 23.04 | 0.44 | 42.08 | -0.61 | -14.19 | 0 |
