- 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) | 1.11 | -1.77 | -5.13 | 1.30 | 10.17 | 27.45 | 82.14 | 1.68 | 5.85 | 70.01 | -9.29 | -21.75 | 71.42 | -0.32 | 6.9 | 80.73 | -6.47 | -19.47 |
| 23Q3 (19) | 1.13 | -3.42 | -7.38 | 1.18 | 8.26 | 14.56 | 80.78 | 3.78 | 8.31 | 77.18 | -7.86 | -12.39 | 71.65 | 0.62 | 11.87 | 86.31 | -4.52 | -12.48 |
| 23Q2 (18) | 1.17 | 14.71 | 0.0 | 1.09 | 17.2 | 9.0 | 77.84 | -12.42 | -0.32 | 83.76 | -14.0 | -7.69 | 71.21 | -8.48 | 5.73 | 90.40 | -16.67 | -10.92 |
| 23Q1 (17) | 1.02 | -12.82 | -3.77 | 0.93 | -8.82 | -1.06 | 88.88 | 14.54 | 3.71 | 97.40 | 8.86 | 0.11 | 77.81 | 16.46 | 0.3 | 108.48 | 8.21 | 2.91 |
| 22Q4 (16) | 1.17 | -4.1 | -10.69 | 1.02 | -0.97 | -12.07 | 77.60 | 4.05 | 11.45 | 89.47 | 1.57 | 14.15 | 66.81 | 4.31 | -5.18 | 100.25 | 1.65 | 29.29 |
| 22Q3 (15) | 1.22 | 4.27 | -3.94 | 1.03 | 3.0 | -15.57 | 74.58 | -4.49 | 4.21 | 88.09 | -2.92 | 18.26 | 64.05 | -4.9 | -14.46 | 98.62 | -2.82 | 38.55 |
| 22Q2 (14) | 1.17 | 10.38 | -8.59 | 1.00 | 6.38 | -25.37 | 78.09 | -8.88 | 9.75 | 90.74 | -6.73 | 33.78 | 67.35 | -13.19 | -7.17 | 101.48 | -3.73 | 52.76 |
| 22Q1 (13) | 1.06 | -19.08 | -17.19 | 0.94 | -18.97 | -30.88 | 85.70 | 23.08 | 20.33 | 97.29 | 24.13 | 45.38 | 77.58 | 10.11 | 4.88 | 105.41 | 35.94 | 64.27 |
| 21Q4 (12) | 1.31 | 3.15 | 7.38 | 1.16 | -4.92 | -17.14 | 69.63 | -2.71 | -6.36 | 78.38 | 5.22 | 20.34 | 70.46 | -5.9 | -2.92 | 77.54 | 8.94 | 15.87 |
| 21Q3 (11) | 1.27 | -0.78 | -1.55 | 1.22 | -8.96 | -16.44 | 71.57 | 0.59 | 1.53 | 74.49 | 9.82 | 19.2 | 74.88 | 3.21 | 17.72 | 71.18 | 7.15 | 2.61 |
| 21Q2 (10) | 1.28 | 0.0 | 5.79 | 1.34 | -1.47 | 0.75 | 71.15 | -0.1 | -5.5 | 67.83 | 1.36 | -0.72 | 72.55 | -1.92 | 22.43 | 66.43 | 3.52 | -21.24 |
| 21Q1 (9) | 1.28 | 4.92 | 47.13 | 1.36 | -2.86 | 27.1 | 71.22 | -4.22 | -31.57 | 66.92 | 2.75 | -21.51 | 73.97 | 1.92 | 3.12 | 64.17 | -4.11 | -45.44 |
| 20Q4 (8) | 1.22 | -5.43 | 19.61 | 1.40 | -4.11 | 11.11 | 74.36 | 5.49 | -16.8 | 65.13 | 4.22 | -9.69 | 72.58 | 14.1 | 8.51 | 66.92 | -3.53 | -29.27 |
| 20Q3 (7) | 1.29 | 6.61 | 8.4 | 1.46 | 9.77 | 9.77 | 70.49 | -6.38 | -8.13 | 62.49 | -8.53 | -8.65 | 63.61 | 7.34 | -0.84 | 69.37 | -17.76 | -14.35 |
| 20Q2 (6) | 1.21 | 39.08 | -9.02 | 1.33 | 24.3 | 3.91 | 75.29 | -27.66 | 10.43 | 68.32 | -19.87 | -3.98 | 59.26 | -17.38 | -3.09 | 84.35 | -28.28 | 7.89 |
| 20Q1 (5) | 0.87 | -14.71 | -25.0 | 1.07 | -15.08 | -2.73 | 104.08 | 16.45 | 32.37 | 85.26 | 18.22 | 3.31 | 71.73 | 7.24 | -0.04 | 117.61 | 24.31 | 31.55 |
| 19Q4 (4) | 1.02 | -14.29 | 0.0 | 1.26 | -5.26 | 0.0 | 89.38 | 16.49 | 0.0 | 72.12 | 5.42 | 0.0 | 66.89 | 4.27 | 0.0 | 94.61 | 16.82 | 0.0 |
| 19Q3 (3) | 1.19 | -10.53 | 0.0 | 1.33 | 3.91 | 0.0 | 76.73 | 12.54 | 0.0 | 68.41 | -3.85 | 0.0 | 64.15 | 4.91 | 0.0 | 80.99 | 3.59 | 0.0 |
| 19Q2 (2) | 1.33 | 14.66 | 0.0 | 1.28 | 16.36 | 0.0 | 68.18 | -13.29 | 0.0 | 71.15 | -13.79 | 0.0 | 61.15 | -14.79 | 0.0 | 78.18 | -12.55 | 0.0 |
| 19Q1 (1) | 1.16 | 0.0 | 0.0 | 1.10 | 0.0 | 0.0 | 78.63 | 0.0 | 0.0 | 82.53 | 0.0 | 0.0 | 71.76 | 0.0 | 0.0 | 89.40 | 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) | 4.30 | -5.29 | 4.75 | 12.03 | 84.80 | 5.56 | 76.82 | -10.82 | 70.43 | 0.11 | 91.19 | -5.13 |
| 2022 (9) | 4.54 | -13.36 | 4.24 | -18.15 | 80.33 | 15.25 | 86.14 | 22.27 | 70.35 | 3.17 | 96.12 | 33.59 |
| 2021 (8) | 5.24 | 19.63 | 5.18 | -1.15 | 69.70 | -16.38 | 70.45 | 1.05 | 68.19 | -4.63 | 71.95 | -11.79 |
| 2020 (7) | 4.38 | -10.06 | 5.24 | -4.73 | 83.35 | 11.21 | 69.72 | 5.09 | 71.50 | 17.0 | 81.57 | 1.73 |
| 2019 (6) | 4.87 | -1.62 | 5.50 | 3.77 | 74.95 | 1.64 | 66.34 | -3.62 | 61.11 | -7.72 | 80.18 | 5.03 |
| 2018 (5) | 4.95 | 5.32 | 5.30 | -5.02 | 73.74 | -5.08 | 68.83 | 5.16 | 66.22 | -2.5 | 76.34 | 1.49 |
| 2017 (4) | 4.70 | 8.55 | 5.58 | 9.2 | 77.69 | -7.81 | 65.45 | -8.31 | 67.92 | 3.9 | 75.22 | -16.68 |
| 2016 (3) | 4.33 | 2.61 | 5.11 | 10.37 | 84.27 | -2.47 | 71.38 | -9.46 | 65.37 | 11.08 | 90.28 | -15.15 |
| 2015 (2) | 4.22 | 8.21 | 4.63 | 10.5 | 86.40 | -7.63 | 78.84 | -9.52 | 58.85 | -14.51 | 106.40 | -4.86 |
| 2014 (1) | 3.90 | 3.17 | 4.19 | -7.3 | 93.54 | -3.08 | 87.14 | 8.02 | 68.84 | -6.33 | 111.84 | 7.86 |
