- 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) | 0.57 | 11.76 | -13.64 | 1.16 | 9.43 | -7.2 | 159.23 | -11.03 | 14.69 | 78.56 | -8.77 | 7.62 | 93.83 | -11.1 | -0.23 | 143.95 | -9.77 | 22.22 |
| 23Q3 (19) | 0.51 | -5.56 | -31.08 | 1.06 | -8.62 | -20.9 | 178.97 | 6.87 | 44.55 | 86.11 | 9.75 | 27.16 | 105.54 | 10.7 | 34.04 | 159.54 | 5.94 | 41.45 |
| 23Q2 (18) | 0.54 | -15.62 | -40.66 | 1.16 | 0.87 | -12.12 | 167.47 | 16.97 | 67.47 | 78.46 | -0.71 | 13.74 | 95.34 | -2.28 | 48.32 | 150.59 | 20.83 | 43.84 |
| 23Q1 (17) | 0.64 | -3.03 | -1.54 | 1.15 | -8.0 | 36.9 | 143.17 | 3.12 | 2.88 | 79.02 | 8.25 | -26.75 | 97.56 | 3.73 | -0.13 | 124.63 | 5.82 | -16.55 |
| 22Q4 (16) | 0.66 | -10.81 | -12.0 | 1.25 | -6.72 | 17.92 | 138.84 | 12.14 | 13.79 | 73.00 | 7.8 | -15.15 | 94.05 | 19.44 | 9.16 | 117.78 | 4.42 | -3.36 |
| 22Q3 (15) | 0.74 | -18.68 | -2.63 | 1.34 | 1.52 | 27.62 | 123.81 | 23.81 | 3.05 | 67.72 | -1.83 | -21.75 | 78.74 | 22.5 | -17.64 | 112.79 | 7.74 | 1.55 |
| 22Q2 (14) | 0.91 | 40.0 | 10.98 | 1.32 | 57.14 | 4.76 | 100.00 | -28.14 | -9.4 | 68.98 | -36.05 | -4.17 | 64.28 | -34.2 | -26.29 | 104.69 | -29.9 | 10.03 |
| 22Q1 (13) | 0.65 | -13.33 | 10.17 | 0.84 | -20.75 | -12.5 | 139.16 | 14.06 | -10.42 | 107.87 | 25.39 | 14.03 | 97.69 | 13.38 | -22.46 | 149.34 | 22.53 | 20.48 |
| 21Q4 (12) | 0.75 | -1.32 | 1.35 | 1.06 | 0.95 | -17.19 | 122.01 | 1.56 | -0.65 | 86.03 | -0.59 | 21.25 | 86.16 | -9.88 | -8.18 | 121.88 | 9.73 | 21.98 |
| 21Q3 (11) | 0.76 | -7.32 | -18.28 | 1.05 | -16.67 | -20.45 | 120.14 | 8.84 | 22.84 | 86.54 | 20.23 | 25.51 | 95.61 | 9.63 | 29.24 | 111.07 | 16.73 | 19.73 |
| 21Q2 (10) | 0.82 | 38.98 | -12.77 | 1.26 | 31.25 | 1.61 | 110.38 | -28.94 | 13.88 | 71.98 | -23.91 | -2.01 | 87.21 | -30.78 | 20.86 | 95.15 | -23.24 | -3.15 |
| 21Q1 (9) | 0.59 | -20.27 | -7.81 | 0.96 | -25.0 | -1.03 | 155.34 | 26.49 | 8.93 | 94.60 | 33.33 | 0.99 | 125.99 | 34.26 | 17.53 | 123.95 | 24.05 | -3.97 |
| 20Q4 (8) | 0.74 | -20.43 | -14.94 | 1.28 | -3.03 | -16.34 | 122.81 | 25.57 | 17.27 | 70.95 | 2.9 | 19.26 | 93.84 | 26.85 | 17.01 | 99.92 | 7.71 | 18.94 |
| 20Q3 (7) | 0.93 | -1.06 | 4.49 | 1.32 | 6.45 | -13.16 | 97.80 | 0.9 | -4.31 | 68.95 | -6.14 | 15.03 | 73.98 | 2.52 | 0.8 | 92.77 | -5.57 | 4.53 |
| 20Q2 (6) | 0.94 | 46.87 | 1.08 | 1.24 | 27.84 | -18.95 | 96.93 | -32.03 | -0.74 | 73.46 | -21.58 | 23.57 | 72.16 | -32.69 | 12.15 | 98.24 | -23.89 | 5.91 |
| 20Q1 (5) | 0.64 | -26.44 | -16.88 | 0.97 | -36.6 | -19.17 | 142.61 | 36.18 | 21.39 | 93.67 | 57.46 | 23.09 | 107.20 | 33.67 | 27.48 | 129.07 | 53.64 | 17.89 |
| 19Q4 (4) | 0.87 | -2.25 | 0.0 | 1.53 | 0.66 | 0.0 | 104.72 | 2.47 | 0.0 | 59.49 | -0.75 | 0.0 | 80.20 | 9.28 | 0.0 | 84.01 | -5.34 | 0.0 |
| 19Q3 (3) | 0.89 | -4.3 | 0.0 | 1.52 | -0.65 | 0.0 | 102.20 | 4.66 | 0.0 | 59.94 | 0.82 | 0.0 | 73.39 | 14.07 | 0.0 | 88.75 | -4.32 | 0.0 |
| 19Q2 (2) | 0.93 | 20.78 | 0.0 | 1.53 | 27.5 | 0.0 | 97.65 | -16.88 | 0.0 | 59.45 | -21.88 | 0.0 | 64.34 | -23.49 | 0.0 | 92.76 | -15.27 | 0.0 |
| 19Q1 (1) | 0.77 | 0.0 | 0.0 | 1.20 | 0.0 | 0.0 | 117.48 | 0.0 | 0.0 | 76.10 | 0.0 | 0.0 | 84.09 | 0.0 | 0.0 | 109.48 | 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) | 2.30 | -21.77 | 4.47 | -8.78 | 158.71 | 27.71 | 81.62 | 9.5 | 102.29 | 22.56 | 138.04 | 19.67 |
| 2022 (9) | 2.94 | 7.3 | 4.90 | 8.17 | 124.27 | -6.61 | 74.54 | -7.43 | 83.46 | -13.63 | 115.35 | -1.37 |
| 2021 (8) | 2.74 | 4.18 | 4.53 | -1.31 | 133.06 | -4.29 | 80.52 | 1.31 | 96.63 | -12.19 | 116.95 | 7.83 |
| 2020 (7) | 2.63 | -28.73 | 4.59 | -22.34 | 139.03 | 40.38 | 79.48 | 28.8 | 110.05 | 47.74 | 108.46 | 25.74 |
| 2019 (6) | 3.69 | 19.03 | 5.91 | 26.55 | 99.04 | -15.79 | 61.71 | -20.99 | 74.49 | -4.0 | 86.26 | -26.97 |
| 2018 (5) | 3.10 | -7.74 | 4.67 | 0.65 | 117.61 | 8.28 | 78.10 | -0.76 | 77.59 | -6.45 | 118.12 | 13.16 |
| 2017 (4) | 3.36 | 1.82 | 4.64 | -16.99 | 108.62 | -1.67 | 78.70 | 20.5 | 82.94 | 5.28 | 104.38 | 7.62 |
| 2016 (3) | 3.30 | 27.41 | 5.59 | -11.13 | 110.46 | -21.72 | 65.31 | 12.62 | 78.78 | -5.2 | 96.99 | -16.38 |
| 2015 (2) | 2.59 | 0.78 | 6.29 | -4.98 | 141.11 | -0.64 | 57.99 | 5.13 | 83.10 | 2.72 | 115.99 | -0.25 |
| 2014 (1) | 2.57 | -13.76 | 6.62 | 8.35 | 142.02 | 15.86 | 55.16 | -7.67 | 80.90 | 24.12 | 116.28 | -0.73 |
