- 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) | 0.68 | -1.45 | 4.62 | 1.27 | -0.78 | 23.3 | 134.71 | 1.7 | -3.43 | 71.49 | 0.69 | -19.27 | 49.16 | 11.42 | -11.9 | 157.04 | -1.45 | -8.83 |
| 23Q3 (19) | 0.69 | 9.52 | -2.82 | 1.28 | 16.36 | 19.63 | 132.46 | -8.59 | 2.71 | 71.00 | -14.22 | -16.23 | 44.12 | -3.88 | -7.43 | 159.35 | -12.33 | -4.05 |
| 23Q2 (18) | 0.63 | 10.53 | -10.0 | 1.10 | 15.79 | 30.95 | 144.90 | -8.64 | 11.09 | 82.77 | -13.71 | -23.85 | 45.90 | -21.83 | -23.8 | 181.76 | -7.17 | 1.6 |
| 23Q1 (17) | 0.57 | -12.31 | -16.18 | 0.95 | -7.77 | 17.28 | 158.60 | 13.69 | 18.28 | 95.92 | 8.32 | -14.65 | 58.72 | 5.23 | -13.81 | 195.80 | 13.67 | 9.78 |
| 22Q4 (16) | 0.65 | -8.45 | -9.72 | 1.03 | -3.74 | 13.19 | 139.50 | 8.16 | 10.37 | 88.55 | 4.47 | -11.35 | 55.80 | 17.08 | -16.53 | 172.25 | 3.72 | 8.04 |
| 22Q3 (15) | 0.71 | 1.43 | -6.58 | 1.07 | 27.38 | 20.22 | 128.97 | -1.13 | 8.2 | 84.76 | -22.02 | -17.04 | 47.66 | -20.88 | -35.77 | 166.08 | -7.16 | 12.85 |
| 22Q2 (14) | 0.70 | 2.94 | 1.45 | 0.84 | 3.7 | 9.09 | 130.44 | -2.72 | -1.75 | 108.69 | -3.29 | -8.22 | 60.24 | -11.58 | -36.32 | 178.89 | 0.3 | 14.24 |
| 22Q1 (13) | 0.68 | -5.56 | 1.49 | 0.81 | -10.99 | -12.9 | 134.09 | 6.09 | -0.7 | 112.39 | 12.51 | 14.79 | 68.13 | 1.91 | -23.29 | 178.35 | 11.87 | 23.74 |
| 21Q4 (12) | 0.72 | -5.26 | 1.41 | 0.91 | 2.25 | -20.18 | 126.39 | 6.03 | -1.25 | 99.89 | -2.23 | 25.33 | 66.85 | -9.91 | -16.48 | 159.43 | 8.33 | 24.9 |
| 21Q3 (11) | 0.76 | 10.14 | 7.04 | 0.89 | 15.58 | -24.58 | 119.20 | -10.22 | -6.61 | 102.17 | -13.72 | 32.04 | 74.20 | -21.56 | -12.28 | 147.17 | -6.02 | 22.21 |
| 21Q2 (10) | 0.69 | 2.99 | -14.81 | 0.77 | -17.2 | -40.31 | 132.77 | -1.67 | 17.57 | 118.42 | 20.95 | 67.59 | 94.60 | 6.52 | 30.79 | 156.59 | 8.64 | 40.73 |
| 21Q1 (9) | 0.67 | -5.63 | 21.82 | 0.93 | -18.42 | -9.71 | 135.03 | 5.5 | -17.69 | 97.91 | 22.85 | 10.83 | 88.81 | 10.96 | 10.01 | 144.13 | 12.91 | -16.04 |
| 20Q4 (8) | 0.71 | 0.0 | 4.41 | 1.14 | -3.39 | -6.56 | 127.99 | 0.28 | -4.7 | 79.70 | 3.0 | 6.49 | 80.04 | -5.38 | 12.53 | 127.65 | 6.0 | -7.51 |
| 20Q3 (7) | 0.71 | -12.35 | -4.05 | 1.18 | -8.53 | -6.35 | 127.63 | 13.02 | 4.48 | 77.38 | 9.51 | 7.25 | 84.59 | 16.95 | 30.98 | 120.42 | 8.22 | -7.18 |
| 20Q2 (6) | 0.81 | 47.27 | 10.96 | 1.29 | 25.24 | 6.61 | 112.93 | -31.16 | -9.68 | 70.66 | -20.01 | -6.25 | 72.33 | -10.41 | 18.36 | 111.27 | -35.18 | -20.12 |
| 20Q1 (5) | 0.55 | -19.12 | -14.06 | 1.03 | -15.57 | -1.9 | 164.05 | 22.15 | 15.85 | 88.34 | 18.04 | 1.95 | 80.73 | 13.5 | 18.29 | 171.67 | 24.39 | 7.29 |
| 19Q4 (4) | 0.68 | -8.11 | 0.0 | 1.22 | -3.17 | 0.0 | 134.30 | 9.94 | 0.0 | 74.84 | 3.73 | 0.0 | 71.13 | 10.14 | 0.0 | 138.01 | 6.38 | 0.0 |
| 19Q3 (3) | 0.74 | 1.37 | 0.0 | 1.26 | 4.13 | 0.0 | 122.16 | -2.3 | 0.0 | 72.15 | -4.27 | 0.0 | 64.58 | 5.68 | 0.0 | 129.73 | -6.87 | 0.0 |
| 19Q2 (2) | 0.73 | 14.06 | 0.0 | 1.21 | 15.24 | 0.0 | 125.04 | -11.69 | 0.0 | 75.37 | -13.02 | 0.0 | 61.11 | -10.46 | 0.0 | 139.30 | -12.94 | 0.0 |
| 19Q1 (1) | 0.64 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 141.60 | 0.0 | 0.0 | 86.65 | 0.0 | 0.0 | 68.25 | 0.0 | 0.0 | 160.00 | 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) | 2.41 | -13.31 | 4.18 | 5.56 | 151.48 | 15.3 | 87.28 | -5.24 | 58.78 | -2.13 | 179.98 | 10.13 |
| 2022 (9) | 2.78 | 1.83 | 3.96 | 2.59 | 131.38 | -1.87 | 92.11 | -2.59 | 60.06 | -17.74 | 163.43 | 5.14 |
| 2021 (8) | 2.73 | 1.49 | 3.86 | -15.54 | 133.88 | -1.36 | 94.56 | 18.38 | 73.01 | -5.99 | 155.44 | 12.68 |
| 2020 (7) | 2.69 | 0.37 | 4.57 | -0.22 | 135.72 | -0.45 | 79.88 | 0.18 | 77.66 | 10.86 | 137.95 | -5.53 |
| 2019 (6) | 2.68 | -3.25 | 4.58 | 2.69 | 136.34 | 3.5 | 79.74 | -2.54 | 70.05 | -1.71 | 146.03 | 2.64 |
| 2018 (5) | 2.77 | 6.13 | 4.46 | 5.19 | 131.73 | -5.95 | 81.82 | -5.03 | 71.27 | -12.46 | 142.28 | -1.74 |
| 2017 (4) | 2.61 | 3.16 | 4.24 | -0.7 | 140.06 | -3.06 | 86.15 | 0.68 | 81.41 | -4.19 | 144.80 | -0.19 |
| 2016 (3) | 2.53 | -2.69 | 4.27 | -2.95 | 144.48 | 3.07 | 85.57 | 3.15 | 84.97 | -2.28 | 145.08 | 6.54 |
| 2015 (2) | 2.60 | -1.14 | 4.40 | -5.58 | 140.17 | 1.18 | 82.96 | 5.88 | 86.95 | -0.2 | 136.18 | 4.95 |
| 2014 (1) | 2.63 | 6.91 | 4.66 | -10.38 | 138.53 | -6.54 | 78.35 | 11.64 | 87.12 | 4.49 | 129.76 | -3.9 |
