- 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) | 0.76 | -13.64 | 4.11 | 2.31 | -19.51 | 10.0 | 119.52 | 16.19 | -3.91 | 39.44 | 24.22 | -9.02 | 119.64 | 13.94 | 10.73 | 39.32 | 32.75 | -34.12 |
| 23Q3 (19) | 0.88 | -8.33 | 6.02 | 2.87 | -1.37 | 15.73 | 102.87 | 8.71 | -6.52 | 31.75 | 1.57 | -13.58 | 105.00 | 17.16 | 10.95 | 29.62 | -18.33 | -43.21 |
| 23Q2 (18) | 0.96 | 24.68 | 3.23 | 2.91 | 39.9 | 23.83 | 94.63 | -19.5 | -3.14 | 31.26 | -28.68 | -19.22 | 89.62 | -14.61 | 0.1 | 36.27 | -35.74 | -22.62 |
| 23Q1 (17) | 0.77 | 5.48 | -3.75 | 2.08 | -0.95 | 6.12 | 117.56 | -5.48 | 2.71 | 43.83 | 1.11 | -5.38 | 104.95 | -2.87 | 4.22 | 56.44 | -5.43 | -6.07 |
| 22Q4 (16) | 0.73 | -12.05 | -12.05 | 2.10 | -15.32 | -2.33 | 124.38 | 13.02 | 13.27 | 43.35 | 17.99 | 2.39 | 108.05 | 14.17 | 17.46 | 59.68 | 14.42 | -0.8 |
| 22Q3 (15) | 0.83 | -10.75 | -7.78 | 2.48 | 5.53 | 15.35 | 110.05 | 12.64 | 9.26 | 36.74 | -5.06 | -13.37 | 94.64 | 5.71 | 9.35 | 52.16 | 11.29 | -7.81 |
| 22Q2 (14) | 0.93 | 16.25 | -3.12 | 2.35 | 19.9 | 7.8 | 97.70 | -14.64 | 2.76 | 38.70 | -16.45 | -7.24 | 89.53 | -11.09 | 17.37 | 46.87 | -22.0 | -22.55 |
| 22Q1 (13) | 0.80 | -3.61 | 3.9 | 1.96 | -8.84 | 0.51 | 114.46 | 4.23 | -2.72 | 46.32 | 9.4 | -0.56 | 100.70 | 9.47 | 7.63 | 60.09 | -0.12 | -14.98 |
| 21Q4 (12) | 0.83 | -7.78 | -17.82 | 2.15 | 0.0 | -20.07 | 109.81 | 9.03 | 21.35 | 42.34 | -0.17 | 24.97 | 91.99 | 6.29 | 18.9 | 60.16 | 6.33 | 28.03 |
| 21Q3 (11) | 0.90 | -6.25 | -25.62 | 2.15 | -1.38 | -14.34 | 100.72 | 5.93 | 34.2 | 42.41 | 1.65 | 17.15 | 86.55 | 13.46 | 27.5 | 56.58 | -6.51 | 30.43 |
| 21Q2 (10) | 0.96 | 24.68 | -4.95 | 2.18 | 11.79 | 27.49 | 95.08 | -19.19 | 5.86 | 41.72 | -10.43 | -21.78 | 76.28 | -18.47 | 3.54 | 60.52 | -14.37 | -12.91 |
| 21Q1 (9) | 0.77 | -23.76 | 2.67 | 1.95 | -27.51 | 30.87 | 117.66 | 30.03 | -2.75 | 46.58 | 37.49 | -23.91 | 93.56 | 20.93 | -6.74 | 70.68 | 50.41 | -13.69 |
| 20Q4 (8) | 1.01 | -16.53 | 8.6 | 2.69 | 7.17 | 25.12 | 90.49 | 20.57 | -7.03 | 33.88 | -6.41 | -20.02 | 77.37 | 13.98 | -16.99 | 46.99 | 8.32 | 1.1 |
| 20Q3 (7) | 1.21 | 19.8 | 9.01 | 2.51 | 46.78 | -14.63 | 75.05 | -16.44 | -8.25 | 36.20 | -32.13 | 17.11 | 67.88 | -7.86 | -14.42 | 43.38 | -37.57 | 29.96 |
| 20Q2 (6) | 1.01 | 34.67 | -11.4 | 1.71 | 14.77 | -36.67 | 89.82 | -25.76 | 12.53 | 53.34 | -12.87 | 58.51 | 73.67 | -26.56 | 7.06 | 69.49 | -15.14 | 55.63 |
| 20Q1 (5) | 0.75 | -19.35 | -19.35 | 1.49 | -30.7 | -8.02 | 120.99 | 24.31 | 23.16 | 61.22 | 44.52 | 8.97 | 100.32 | 7.63 | -3.37 | 81.89 | 76.18 | 61.84 |
| 19Q4 (4) | 0.93 | -16.22 | 0.0 | 2.15 | -26.87 | 0.0 | 97.33 | 18.99 | 0.0 | 42.36 | 37.04 | 0.0 | 93.21 | 17.51 | 0.0 | 46.48 | 39.25 | 0.0 |
| 19Q3 (3) | 1.11 | -2.63 | 0.0 | 2.94 | 8.89 | 0.0 | 81.80 | 2.48 | 0.0 | 30.91 | -8.14 | 0.0 | 79.32 | 15.27 | 0.0 | 33.38 | -25.24 | 0.0 |
| 19Q2 (2) | 1.14 | 22.58 | 0.0 | 2.70 | 66.67 | 0.0 | 79.82 | -18.75 | 0.0 | 33.65 | -40.1 | 0.0 | 68.81 | -33.72 | 0.0 | 44.65 | -11.76 | 0.0 |
| 19Q1 (1) | 0.93 | 0.0 | 0.0 | 1.62 | 0.0 | 0.0 | 98.24 | 0.0 | 0.0 | 56.18 | 0.0 | 0.0 | 103.82 | 0.0 | 0.0 | 50.60 | 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) | 3.30 | -1.49 | 9.16 | 4.81 | 110.74 | 1.64 | 39.84 | -4.64 | 102.24 | 6.88 | 48.34 | -12.22 |
| 2022 (9) | 3.35 | 1.52 | 8.74 | -1.8 | 108.95 | -1.63 | 41.78 | 1.9 | 95.66 | 1.83 | 55.07 | -4.76 |
| 2021 (8) | 3.30 | 6.45 | 8.90 | 17.26 | 110.76 | -5.82 | 41.00 | -14.8 | 93.94 | -10.37 | 57.82 | -5.1 |
| 2020 (7) | 3.10 | -23.08 | 7.59 | -1.04 | 117.61 | 29.84 | 48.12 | 1.09 | 104.81 | 8.33 | 60.93 | 47.1 |
| 2019 (6) | 4.03 | 2.03 | 7.67 | -8.14 | 90.58 | -2.01 | 47.60 | 8.87 | 96.75 | -6.1 | 41.42 | 25.06 |
| 2018 (5) | 3.95 | 11.58 | 8.35 | -13.2 | 92.44 | -10.3 | 43.72 | 15.3 | 103.04 | 9.99 | 33.12 | -29.99 |
| 2017 (4) | 3.54 | -9.23 | 9.62 | 10.57 | 103.06 | 10.0 | 37.92 | -9.61 | 93.68 | 14.59 | 47.31 | -12.23 |
| 2016 (3) | 3.90 | -7.8 | 8.70 | -3.76 | 93.69 | 8.7 | 41.95 | 3.94 | 81.75 | -1.02 | 53.90 | 22.61 |
| 2015 (2) | 4.23 | -5.79 | 9.04 | -20.63 | 86.19 | 6.01 | 40.36 | 25.97 | 82.59 | 2.51 | 43.96 | 34.15 |
| 2014 (1) | 4.49 | 10.05 | 11.39 | -0.96 | 81.30 | -9.11 | 32.04 | 0.98 | 80.57 | 3.68 | 32.77 | -24.61 |
