- 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) | 1.86 | 2.2 | -3.63 | 2.67 | -0.74 | 25.94 | 48.81 | -2.46 | 3.48 | 34.14 | 1.1 | -20.49 | 50.91 | 15.18 | 7.93 | 32.04 | -19.11 | -25.38 |
| 23Q3 (19) | 1.82 | 4.6 | -13.74 | 2.69 | 11.62 | 14.96 | 50.04 | -4.41 | 15.83 | 33.77 | -10.73 | -13.28 | 44.20 | -0.47 | 5.87 | 39.61 | -13.46 | -1.93 |
| 23Q2 (18) | 1.74 | -11.22 | -0.57 | 2.41 | 16.43 | 25.52 | 52.35 | 12.56 | 0.79 | 37.83 | -13.94 | -20.02 | 44.41 | -6.92 | -15.07 | 45.77 | 7.04 | -2.51 |
| 23Q1 (17) | 1.96 | 1.55 | -0.51 | 2.07 | -2.36 | -10.78 | 46.51 | -1.4 | 0.45 | 43.96 | 2.38 | 11.86 | 47.71 | 1.14 | -2.79 | 42.76 | -0.42 | 17.09 |
| 22Q4 (16) | 1.93 | -8.53 | -7.66 | 2.12 | -9.4 | -6.19 | 47.17 | 9.19 | 8.29 | 42.94 | 10.27 | 6.55 | 47.17 | 12.98 | -7.2 | 42.94 | 6.31 | 30.0 |
| 22Q3 (15) | 2.11 | 20.57 | -11.34 | 2.34 | 21.87 | -11.03 | 43.20 | -16.83 | 12.94 | 38.94 | -17.67 | 12.35 | 41.75 | -20.16 | -10.83 | 40.39 | -13.97 | 54.81 |
| 22Q2 (14) | 1.75 | -11.17 | -24.24 | 1.92 | -17.24 | -27.82 | 51.94 | 12.18 | 31.79 | 47.30 | 20.36 | 38.14 | 52.29 | 6.54 | 0.89 | 46.95 | 28.56 | 115.17 |
| 22Q1 (13) | 1.97 | -5.74 | -20.24 | 2.32 | 2.65 | -28.4 | 46.30 | 6.29 | 25.78 | 39.30 | -2.48 | 39.71 | 49.08 | -3.44 | 5.66 | 36.52 | 10.57 | 97.51 |
| 21Q4 (12) | 2.09 | -12.18 | 1.95 | 2.26 | -14.07 | -29.6 | 43.56 | 13.88 | -2.05 | 40.30 | 16.27 | 41.95 | 50.83 | 8.56 | -5.01 | 33.03 | 26.6 | 70.7 |
| 21Q3 (11) | 2.38 | 3.03 | -17.36 | 2.63 | -1.13 | -37.68 | 38.25 | -2.94 | 21.27 | 34.66 | 1.23 | 60.76 | 46.82 | -9.67 | 13.34 | 26.09 | 19.57 | 121.29 |
| 21Q2 (10) | 2.31 | -6.48 | -16.91 | 2.66 | -17.9 | -22.22 | 39.41 | 7.06 | 20.19 | 34.24 | 21.72 | 28.63 | 51.83 | 11.58 | 2.57 | 21.82 | 18.01 | 146.0 |
| 21Q1 (9) | 2.47 | 20.49 | -1.59 | 3.24 | 0.93 | -7.16 | 36.81 | -17.23 | 1.46 | 28.13 | -0.92 | 7.74 | 46.45 | -13.19 | -17.02 | 18.49 | -4.44 | 188.46 |
| 20Q4 (8) | 2.05 | -28.82 | -27.56 | 3.21 | -23.93 | -25.17 | 44.47 | 41.0 | 38.36 | 28.39 | 31.68 | 33.85 | 53.51 | 29.53 | 4.74 | 19.35 | 64.12 | 760.0 |
| 20Q3 (7) | 2.88 | 3.6 | -6.49 | 4.22 | 23.39 | -13.35 | 31.54 | -3.81 | 6.77 | 21.56 | -19.01 | 15.36 | 41.31 | -18.25 | -5.99 | 11.79 | 32.92 | 174.83 |
| 20Q2 (6) | 2.78 | 10.76 | 21.93 | 3.42 | -2.01 | -3.93 | 32.79 | -9.62 | -17.92 | 26.62 | 1.95 | 4.19 | 50.53 | -9.74 | 1.53 | 8.87 | 38.38 | -43.61 |
| 20Q1 (5) | 2.51 | -11.31 | -8.73 | 3.49 | -18.65 | 11.15 | 36.28 | 12.88 | 9.77 | 26.11 | 23.1 | -9.9 | 55.98 | 9.57 | 6.47 | 6.41 | 184.89 | -32.1 |
| 19Q4 (4) | 2.83 | -8.12 | 0.0 | 4.29 | -11.91 | 0.0 | 32.14 | 8.8 | 0.0 | 21.21 | 13.48 | 0.0 | 51.09 | 16.27 | 0.0 | 2.25 | -47.55 | 0.0 |
| 19Q3 (3) | 3.08 | 35.09 | 0.0 | 4.87 | 36.8 | 0.0 | 29.54 | -26.06 | 0.0 | 18.69 | -26.85 | 0.0 | 43.94 | -11.71 | 0.0 | 4.29 | -72.73 | 0.0 |
| 19Q2 (2) | 2.28 | -17.09 | 0.0 | 3.56 | 13.38 | 0.0 | 39.95 | 20.88 | 0.0 | 25.55 | -11.84 | 0.0 | 49.77 | -5.34 | 0.0 | 15.73 | 66.63 | 0.0 |
| 19Q1 (1) | 2.75 | 0.0 | 0.0 | 3.14 | 0.0 | 0.0 | 33.05 | 0.0 | 0.0 | 28.98 | 0.0 | 0.0 | 52.58 | 0.0 | 0.0 | 9.44 | 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) | 7.96 | -14.68 | 8.40 | -9.09 | 45.86 | 17.2 | 43.45 | 10.03 | 53.42 | 18.87 | 35.90 | 6.59 |
| 2022 (9) | 9.33 | 13.92 | 9.24 | -10.29 | 39.13 | -12.19 | 39.49 | 11.4 | 44.94 | -12.55 | 33.68 | 17.68 |
| 2021 (8) | 8.19 | -8.29 | 10.30 | -21.97 | 44.56 | 9.03 | 35.45 | 28.16 | 51.39 | -5.72 | 28.62 | 104.28 |
| 2020 (7) | 8.93 | -23.68 | 13.20 | -4.83 | 40.87 | 31.04 | 27.66 | 5.13 | 54.51 | 4.35 | 14.01 | 166.35 |
| 2019 (6) | 11.70 | -18.64 | 13.87 | 14.91 | 31.19 | 22.89 | 26.31 | -13.0 | 52.24 | -17.54 | 5.26 | 0 |
| 2018 (5) | 14.38 | -12.95 | 12.07 | -8.49 | 25.38 | 14.89 | 30.24 | 9.29 | 63.35 | 12.92 | -7.73 | 0 |
| 2017 (4) | 16.52 | 84.37 | 13.19 | 27.07 | 22.09 | -45.78 | 27.67 | -21.28 | 56.10 | -2.43 | -6.33 | 0 |
| 2016 (3) | 8.96 | -3.76 | 10.38 | -35.41 | 40.74 | 3.88 | 35.15 | 54.78 | 57.50 | 13.55 | 18.39 | 63.03 |
| 2015 (2) | 9.31 | 2.87 | 16.07 | 5.38 | 39.22 | -2.78 | 22.71 | -5.1 | 50.64 | -19.47 | 11.28 | 711.51 |
| 2014 (1) | 9.05 | 21.64 | 15.25 | 24.39 | 40.34 | -17.82 | 23.93 | -19.64 | 62.88 | -9.93 | 1.39 | -84.66 |
