- 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) | 0.81 | -28.32 | -2.41 | 1.37 | -29.74 | 29.25 | 113.00 | 40.44 | 3.16 | 66.26 | 41.76 | -22.67 | 94.35 | 41.09 | 13.06 | 84.91 | 40.74 | -24.04 |
| 23Q3 (19) | 1.13 | 15.31 | -3.42 | 1.95 | 46.62 | 47.73 | 80.46 | -13.03 | 3.38 | 46.74 | -31.56 | -32.33 | 66.87 | -8.11 | 3.04 | 60.33 | -31.47 | -26.43 |
| 23Q2 (18) | 0.98 | 6.52 | 19.51 | 1.33 | 11.76 | 44.57 | 92.51 | -6.56 | -16.31 | 68.29 | -11.07 | -30.72 | 72.77 | 3.91 | -23.54 | 88.03 | -16.78 | -22.73 |
| 23Q1 (17) | 0.92 | 10.84 | 0.0 | 1.19 | 12.26 | -11.85 | 99.01 | -9.61 | 0.62 | 76.79 | -10.39 | 13.83 | 70.03 | -16.08 | -12.55 | 105.78 | -5.37 | 23.32 |
| 22Q4 (16) | 0.83 | -29.06 | -29.06 | 1.06 | -19.7 | -41.76 | 109.54 | 40.74 | 41.31 | 85.69 | 24.06 | 71.11 | 83.45 | 28.58 | 13.41 | 111.78 | 36.32 | 106.92 |
| 22Q3 (15) | 1.17 | 42.68 | -0.85 | 1.32 | 43.48 | -31.25 | 77.83 | -29.59 | 0.83 | 69.07 | -29.93 | 46.03 | 64.90 | -31.81 | -14.09 | 82.00 | -28.02 | 67.48 |
| 22Q2 (14) | 0.82 | -10.87 | -26.79 | 0.92 | -31.85 | -49.73 | 110.54 | 12.34 | 36.25 | 98.57 | 46.12 | 98.53 | 95.18 | 18.86 | 31.39 | 113.92 | 32.8 | 95.27 |
| 22Q1 (13) | 0.92 | -21.37 | -12.38 | 1.35 | -25.82 | -21.05 | 98.40 | 26.93 | 14.05 | 67.46 | 34.7 | 26.85 | 80.08 | 8.83 | 0.5 | 85.78 | 58.79 | 43.49 |
| 21Q4 (12) | 1.17 | -0.85 | 6.36 | 1.82 | -5.21 | -0.55 | 77.52 | 0.43 | -6.52 | 50.08 | 5.88 | 0.78 | 73.58 | -2.59 | -11.33 | 54.02 | 10.33 | 8.85 |
| 21Q3 (11) | 1.18 | 5.36 | 2.61 | 1.92 | 4.92 | -7.69 | 77.19 | -4.86 | -2.78 | 47.30 | -4.73 | 8.14 | 75.54 | 4.28 | 3.07 | 48.96 | -16.08 | -1.79 |
| 21Q2 (10) | 1.12 | 6.67 | 5.66 | 1.83 | 7.02 | -3.17 | 81.13 | -5.97 | -5.51 | 49.65 | -6.64 | 2.92 | 72.44 | -9.09 | -4.01 | 58.34 | -2.41 | -0.49 |
| 21Q1 (9) | 1.05 | -4.55 | 29.63 | 1.71 | -6.56 | 4.91 | 86.28 | 4.04 | -22.84 | 53.18 | 7.02 | -4.46 | 79.68 | -3.98 | -20.92 | 59.78 | 20.45 | -10.42 |
| 20Q4 (8) | 1.10 | -4.35 | -0.9 | 1.83 | -12.02 | -26.51 | 82.93 | 4.45 | 0.8 | 49.69 | 13.6 | 36.17 | 82.98 | 13.22 | 12.97 | 49.63 | -0.44 | 9.51 |
| 20Q3 (7) | 1.15 | 8.49 | 11.65 | 2.08 | 10.05 | -5.02 | 79.40 | -7.52 | -9.79 | 43.74 | -9.33 | 5.35 | 73.29 | -2.89 | -1.64 | 49.85 | -14.98 | -9.43 |
| 20Q2 (6) | 1.06 | 30.86 | 15.22 | 1.89 | 15.95 | -2.58 | 85.86 | -23.22 | -12.85 | 48.24 | -13.33 | 2.97 | 75.47 | -25.1 | -2.66 | 58.63 | -12.14 | -13.58 |
| 20Q1 (5) | 0.81 | -27.03 | 8.0 | 1.63 | -34.54 | -9.94 | 111.82 | 35.92 | -7.8 | 55.66 | 52.53 | 10.85 | 100.76 | 37.18 | 10.3 | 66.73 | 47.24 | -16.73 |
| 19Q4 (4) | 1.11 | 7.77 | 0.0 | 2.49 | 13.7 | 0.0 | 82.27 | -6.53 | 0.0 | 36.49 | -12.11 | 0.0 | 73.45 | -1.42 | 0.0 | 45.32 | -17.66 | 0.0 |
| 19Q3 (3) | 1.03 | 11.96 | 0.0 | 2.19 | 12.89 | 0.0 | 88.02 | -10.66 | 0.0 | 41.52 | -11.38 | 0.0 | 74.51 | -3.9 | 0.0 | 55.04 | -18.87 | 0.0 |
| 19Q2 (2) | 0.92 | 22.67 | 0.0 | 1.94 | 7.18 | 0.0 | 98.52 | -18.77 | 0.0 | 46.85 | -6.69 | 0.0 | 77.53 | -15.13 | 0.0 | 67.84 | -15.35 | 0.0 |
| 19Q1 (1) | 0.75 | 0.0 | 0.0 | 1.81 | 0.0 | 0.0 | 121.28 | 0.0 | 0.0 | 50.21 | 0.0 | 0.0 | 91.35 | 0.0 | 0.0 | 80.14 | 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) | 3.86 | 8.12 | 4.92 | 2.5 | 94.51 | -7.48 | 74.21 | -2.43 | 80.69 | -5.45 | 88.03 | -5.21 |
| 2022 (9) | 3.57 | -23.23 | 4.80 | -33.33 | 102.15 | 30.06 | 76.06 | 50.02 | 85.34 | 16.28 | 92.87 | 66.25 |
| 2021 (8) | 4.65 | 26.7 | 7.20 | 4.8 | 78.54 | -20.95 | 50.70 | -4.52 | 73.39 | -23.94 | 55.86 | -0.18 |
| 2020 (7) | 3.67 | 11.21 | 6.87 | -16.93 | 99.35 | -10.24 | 53.10 | 20.35 | 96.49 | 4.8 | 55.96 | -10.81 |
| 2019 (6) | 3.30 | -2.37 | 8.27 | -5.59 | 110.69 | 2.46 | 44.12 | 5.83 | 92.07 | 23.78 | 62.74 | -16.72 |
| 2018 (5) | 3.38 | 4.32 | 8.76 | 15.11 | 108.03 | -4.05 | 41.69 | -13.09 | 74.38 | 11.21 | 75.34 | -19.58 |
| 2017 (4) | 3.24 | 4.85 | 7.61 | 13.24 | 112.59 | -4.67 | 47.97 | -11.72 | 66.88 | -7.1 | 93.68 | -6.74 |
| 2016 (3) | 3.09 | 6.92 | 6.72 | -5.22 | 118.11 | -6.46 | 54.34 | 5.54 | 71.99 | 2.59 | 100.45 | -6.64 |
| 2015 (2) | 2.89 | -14.75 | 7.09 | -4.7 | 126.27 | 17.19 | 51.49 | 5.02 | 70.17 | 10.12 | 107.59 | 15.63 |
| 2014 (1) | 3.39 | -11.95 | 7.44 | 19.23 | 107.75 | 13.6 | 49.03 | -16.15 | 63.72 | -3.15 | 93.05 | 6.31 |
