- 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) | 0.53 | 1.92 | 10.42 | 3.06 | -10.26 | 16.79 | 173.16 | -0.95 | -8.83 | 29.72 | 11.23 | -14.38 | 117.96 | 12.28 | 4.89 | 84.93 | -11.97 | -24.29 |
| 23Q3 (19) | 0.52 | -5.45 | 1.96 | 3.41 | 15.99 | 57.14 | 174.82 | 6.02 | -2.97 | 26.72 | -13.7 | -36.4 | 105.06 | 11.14 | -9.03 | 96.48 | -4.79 | -9.58 |
| 23Q2 (18) | 0.55 | 27.91 | -8.33 | 2.94 | 25.11 | 15.29 | 164.89 | -21.42 | 7.83 | 30.96 | -19.96 | -13.3 | 94.53 | -24.69 | -4.3 | 101.33 | -17.62 | 12.78 |
| 23Q1 (17) | 0.43 | -10.42 | -24.56 | 2.35 | -10.31 | -16.96 | 209.85 | 10.49 | 31.02 | 38.68 | 11.44 | 20.27 | 125.52 | 11.61 | 18.33 | 123.01 | 9.65 | 42.62 |
| 22Q4 (16) | 0.48 | -5.88 | -2.04 | 2.62 | 20.74 | -19.88 | 189.93 | 5.41 | 2.48 | 34.71 | -17.38 | 24.86 | 112.46 | -2.62 | -0.77 | 112.18 | 5.14 | 12.39 |
| 22Q3 (15) | 0.51 | -15.0 | 10.87 | 2.17 | -14.9 | -49.06 | 180.18 | 17.83 | -9.76 | 42.01 | 17.64 | 96.49 | 115.49 | 16.92 | 2.5 | 106.70 | 18.75 | -1.54 |
| 22Q2 (14) | 0.60 | 5.26 | 17.65 | 2.55 | -9.89 | -50.68 | 152.92 | -4.53 | -14.45 | 35.71 | 11.04 | 102.78 | 98.78 | -6.88 | -5.39 | 89.85 | 4.17 | -2.28 |
| 22Q1 (13) | 0.57 | 16.33 | 18.75 | 2.83 | -13.46 | -36.26 | 160.17 | -13.58 | -16.02 | 32.16 | 15.68 | 56.8 | 106.08 | -6.4 | 0.96 | 86.25 | -13.59 | -18.75 |
| 21Q4 (12) | 0.49 | 6.52 | -3.92 | 3.27 | -23.24 | -24.31 | 185.34 | -7.17 | 2.91 | 27.80 | 30.03 | 31.94 | 113.33 | 0.59 | 24.72 | 99.81 | -7.9 | -9.51 |
| 21Q3 (11) | 0.46 | -9.8 | -9.8 | 4.26 | -17.6 | 18.01 | 199.66 | 11.7 | 12.37 | 21.38 | 21.41 | -15.26 | 112.67 | 7.91 | 25.01 | 108.37 | 17.86 | -3.9 |
| 21Q2 (10) | 0.51 | 6.25 | -3.77 | 5.17 | 16.44 | 61.56 | 178.74 | -6.28 | 4.99 | 17.61 | -14.14 | -37.99 | 104.41 | -0.63 | -6.47 | 91.95 | -13.39 | 5.67 |
| 21Q1 (9) | 0.48 | -5.88 | -20.0 | 4.44 | 2.78 | 36.62 | 190.72 | 5.9 | 26.05 | 20.51 | -2.66 | -26.67 | 105.07 | 15.63 | -8.55 | 106.16 | -3.75 | 64.87 |
| 20Q4 (8) | 0.51 | 0.0 | -8.93 | 4.32 | 19.67 | 31.71 | 180.10 | 1.36 | 11.34 | 21.07 | -16.49 | -23.99 | 90.87 | 0.82 | -13.59 | 110.30 | -2.19 | 30.83 |
| 20Q3 (7) | 0.51 | -3.77 | -3.77 | 3.61 | 12.81 | 1.98 | 177.68 | 4.36 | 2.86 | 25.23 | -11.16 | -1.91 | 90.13 | -19.26 | -5.77 | 112.77 | 29.59 | 9.69 |
| 20Q2 (6) | 0.53 | -11.67 | -11.67 | 3.20 | -1.54 | -5.6 | 170.25 | 12.52 | 12.11 | 28.40 | 1.54 | 5.65 | 111.63 | -2.84 | 28.59 | 87.02 | 35.15 | -5.34 |
| 20Q1 (5) | 0.60 | 7.14 | 7.14 | 3.25 | -0.91 | 18.18 | 151.31 | -6.46 | -6.66 | 27.97 | 0.9 | -15.55 | 114.89 | 9.25 | 18.35 | 64.39 | -23.63 | -34.4 |
| 19Q4 (4) | 0.56 | 5.66 | 0.0 | 3.28 | -7.34 | 0.0 | 161.76 | -6.36 | 0.0 | 27.72 | 7.78 | 0.0 | 105.16 | 9.94 | 0.0 | 84.31 | -17.99 | 0.0 |
| 19Q3 (3) | 0.53 | -11.67 | 0.0 | 3.54 | 4.42 | 0.0 | 172.74 | 13.75 | 0.0 | 25.72 | -4.32 | 0.0 | 95.65 | 10.18 | 0.0 | 102.81 | 11.84 | 0.0 |
| 19Q2 (2) | 0.60 | 7.14 | 0.0 | 3.39 | 23.27 | 0.0 | 151.86 | -6.32 | 0.0 | 26.88 | -18.84 | 0.0 | 86.81 | -10.58 | 0.0 | 91.93 | -6.34 | 0.0 |
| 19Q1 (1) | 0.56 | 0.0 | 0.0 | 2.75 | 0.0 | 0.0 | 162.11 | 0.0 | 0.0 | 33.12 | 0.0 | 0.0 | 97.08 | 0.0 | 0.0 | 98.15 | 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) | 2.00 | -1.48 | 11.34 | -4.06 | 182.43 | 1.69 | 32.18 | 4.21 | 117.22 | -2.6 | 97.39 | 8.32 |
| 2022 (9) | 2.03 | -7.73 | 11.82 | -25.52 | 179.39 | 8.12 | 30.88 | 34.26 | 120.35 | 18.05 | 89.91 | 3.37 |
| 2021 (8) | 2.20 | 3.29 | 15.87 | 2.45 | 165.92 | -3.32 | 23.00 | -2.42 | 101.95 | -3.76 | 86.98 | -2.54 |
| 2020 (7) | 2.13 | -14.8 | 15.49 | 31.38 | 171.62 | 17.61 | 23.57 | -23.87 | 105.93 | 0.72 | 89.25 | 24.44 |
| 2019 (6) | 2.50 | -4.94 | 11.79 | 19.21 | 145.92 | 5.26 | 30.96 | -16.1 | 105.17 | 1.57 | 71.72 | -0.38 |
| 2018 (5) | 2.63 | -12.04 | 9.89 | -17.03 | 138.63 | 13.58 | 36.90 | 20.55 | 103.54 | -0.39 | 71.99 | 47.76 |
| 2017 (4) | 2.99 | -5.38 | 11.92 | -19.95 | 122.06 | 5.65 | 30.61 | 24.89 | 103.95 | 2.31 | 48.72 | 26.74 |
| 2016 (3) | 3.16 | -9.97 | 14.89 | 13.49 | 115.53 | 10.96 | 24.51 | -11.9 | 101.60 | 20.02 | 38.44 | -18.71 |
| 2015 (2) | 3.51 | -18.75 | 13.12 | -6.29 | 104.12 | 23.36 | 27.82 | 6.71 | 84.65 | 21.34 | 47.29 | 16.16 |
| 2014 (1) | 4.32 | 16.13 | 14.00 | -5.53 | 84.40 | -13.95 | 26.07 | 5.85 | 69.76 | -24.1 | 40.71 | 32.13 |
