- 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) | 1.16 | -0.85 | 1.75 | 3.10 | 8.01 | -4.02 | 78.11 | 0.1 | -2.11 | 29.38 | -7.35 | 4.26 | 57.02 | 3.3 | 8.14 | 50.47 | -7.46 | -8.65 |
| 23Q3 (19) | 1.17 | -4.88 | 4.46 | 2.87 | 9.54 | -21.15 | 78.03 | 5.77 | -3.71 | 31.71 | -8.83 | 26.69 | 55.20 | -0.86 | 15.48 | 54.54 | 3.18 | -6.39 |
| 23Q2 (18) | 1.23 | 28.13 | -5.38 | 2.62 | 21.3 | -24.06 | 73.77 | -22.39 | 5.73 | 34.78 | -17.47 | 31.79 | 55.68 | -20.21 | 43.54 | 52.86 | -21.6 | -7.85 |
| 23Q1 (17) | 0.96 | -15.79 | 5.49 | 2.16 | -33.13 | -10.37 | 95.05 | 19.13 | -4.8 | 42.14 | 49.54 | 11.81 | 69.78 | 32.33 | 31.51 | 67.42 | 22.03 | -20.18 |
| 22Q4 (16) | 1.14 | 1.79 | 15.15 | 3.23 | -11.26 | -2.71 | 79.79 | -1.54 | -13.22 | 28.18 | 12.58 | 2.88 | 52.73 | 10.31 | 9.33 | 55.25 | -5.17 | -22.3 |
| 22Q3 (15) | 1.12 | -13.85 | 14.29 | 3.64 | 5.51 | 1.68 | 81.04 | 16.15 | -13.0 | 25.03 | -5.15 | -1.65 | 47.80 | 23.23 | 3.13 | 58.26 | 1.57 | -19.37 |
| 22Q2 (14) | 1.30 | 42.86 | 34.02 | 3.45 | 43.15 | -9.45 | 69.77 | -30.12 | -25.43 | 26.39 | -29.98 | 10.56 | 38.79 | -26.89 | -1.3 | 57.36 | -32.09 | -26.59 |
| 22Q1 (13) | 0.91 | -8.08 | -6.19 | 2.41 | -27.41 | -37.4 | 99.84 | 8.58 | 6.33 | 37.69 | 37.6 | 59.57 | 53.06 | 10.01 | 33.25 | 84.47 | 18.79 | 8.71 |
| 21Q4 (12) | 0.99 | 1.02 | 22.22 | 3.32 | -7.26 | -22.25 | 91.95 | -1.29 | -17.88 | 27.39 | 7.62 | 28.59 | 48.23 | 4.06 | 11.08 | 71.11 | -1.59 | -20.87 |
| 21Q3 (11) | 0.98 | 1.03 | 7.69 | 3.58 | -6.04 | -28.11 | 93.15 | -0.44 | -6.93 | 25.45 | 6.62 | 39.3 | 46.35 | 17.94 | 22.62 | 72.26 | -7.52 | -10.3 |
| 21Q2 (10) | 0.97 | 0.0 | 0.0 | 3.81 | -1.04 | -19.62 | 93.56 | -0.36 | 0.18 | 23.87 | 1.06 | 24.26 | 39.30 | -1.31 | 46.15 | 78.14 | 0.57 | -8.83 |
| 21Q1 (9) | 0.97 | 19.75 | 83.02 | 3.85 | -9.84 | 49.22 | 93.90 | -16.14 | -45.26 | 23.62 | 10.89 | -33.05 | 39.82 | -8.29 | -6.06 | 77.70 | -13.53 | -52.75 |
| 20Q4 (8) | 0.81 | -10.99 | -10.99 | 4.27 | -14.26 | 13.87 | 111.97 | 11.87 | 11.99 | 21.30 | 16.58 | -12.31 | 43.42 | 14.87 | 53.16 | 89.86 | 11.54 | -6.32 |
| 20Q3 (7) | 0.91 | -6.19 | -6.19 | 4.98 | 5.06 | 43.93 | 100.09 | 7.17 | 6.52 | 18.27 | -4.89 | -30.59 | 37.80 | 40.57 | 20.69 | 80.56 | -6.01 | -9.44 |
| 20Q2 (6) | 0.97 | 83.02 | 4.3 | 4.74 | 83.72 | 52.41 | 93.39 | -45.56 | -4.66 | 19.21 | -45.55 | -34.3 | 26.89 | -36.57 | -21.88 | 85.71 | -47.87 | -7.61 |
| 20Q1 (5) | 0.53 | -41.76 | -27.4 | 2.58 | -31.2 | -16.77 | 171.54 | 71.57 | 37.68 | 35.28 | 45.24 | 20.2 | 42.39 | 49.52 | -33.89 | 164.43 | 71.42 | 83.07 |
| 19Q4 (4) | 0.91 | -6.19 | 0.0 | 3.75 | 8.38 | 0.0 | 99.98 | 6.41 | 0.0 | 24.29 | -7.71 | 0.0 | 28.35 | -9.48 | 0.0 | 95.92 | 7.82 | 0.0 |
| 19Q3 (3) | 0.97 | 4.3 | 0.0 | 3.46 | 11.25 | 0.0 | 93.96 | -4.07 | 0.0 | 26.32 | -9.99 | 0.0 | 31.32 | -9.01 | 0.0 | 88.96 | -4.11 | 0.0 |
| 19Q2 (2) | 0.93 | 27.4 | 0.0 | 3.11 | 0.32 | 0.0 | 97.95 | -21.38 | 0.0 | 29.24 | -0.37 | 0.0 | 34.42 | -46.32 | 0.0 | 92.77 | 3.28 | 0.0 |
| 19Q1 (1) | 0.73 | 0.0 | 0.0 | 3.10 | 0.0 | 0.0 | 124.59 | 0.0 | 0.0 | 29.35 | 0.0 | 0.0 | 64.12 | 0.0 | 0.0 | 89.82 | 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) | 4.14 | -4.39 | 10.57 | -17.42 | 88.06 | 4.45 | 34.55 | 21.14 | 62.76 | 32.02 | 59.85 | -8.32 |
| 2022 (9) | 4.33 | 8.52 | 12.80 | -8.57 | 84.31 | -7.76 | 28.52 | 9.36 | 47.54 | 5.83 | 65.28 | -10.02 |
| 2021 (8) | 3.99 | 19.46 | 14.00 | -5.41 | 91.40 | -16.24 | 26.08 | 5.72 | 44.92 | 14.56 | 72.55 | -23.29 |
| 2020 (7) | 3.34 | 22.34 | 14.80 | 8.9 | 109.12 | -18.42 | 24.67 | -8.15 | 39.21 | -41.26 | 94.58 | 0.76 |
| 2019 (6) | 2.73 | -23.96 | 13.59 | -19.35 | 133.76 | 31.59 | 26.86 | 23.95 | 66.75 | -0.71 | 93.87 | 67.36 |
| 2018 (5) | 3.59 | -18.96 | 16.85 | 15.97 | 101.65 | 23.48 | 21.67 | -13.73 | 67.23 | 32.63 | 56.09 | -1.16 |
| 2017 (4) | 4.43 | 62.27 | 14.53 | 18.23 | 82.32 | -38.42 | 25.12 | -15.39 | 50.69 | 6.96 | 56.75 | -51.07 |
| 2016 (3) | 2.73 | -26.61 | 12.29 | -31.84 | 133.69 | 36.28 | 29.69 | 46.69 | 47.39 | 48.19 | 115.99 | 34.29 |
| 2015 (2) | 3.72 | -12.26 | 18.03 | 14.77 | 98.10 | 13.92 | 20.24 | -12.91 | 31.98 | 13.12 | 86.37 | 6.52 |
| 2014 (1) | 4.24 | 0.95 | 15.71 | 101.41 | 86.11 | -0.98 | 23.24 | -50.34 | 28.27 | -12.53 | 81.08 | -20.07 |
