- 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) | 1.49 | -14.86 | -12.35 | 0.80 | -4.76 | 50.94 | 60.96 | 17.41 | 13.84 | 114.10 | 4.8 | -32.95 | 76.46 | 14.44 | 4.68 | 98.60 | 4.92 | -34.56 |
| 23Q3 (19) | 1.75 | 6.71 | 18.24 | 0.84 | 37.7 | 75.0 | 51.92 | -6.16 | -15.63 | 108.87 | -26.91 | -42.2 | 66.81 | 1.78 | -34.04 | 93.98 | -32.21 | -36.76 |
| 23Q2 (18) | 1.64 | 17.99 | -2.96 | 0.61 | 35.56 | 10.91 | 55.33 | -15.57 | 2.81 | 148.95 | -26.05 | -10.13 | 65.64 | -7.61 | -23.98 | 138.64 | -29.23 | 4.08 |
| 23Q1 (17) | 1.39 | -18.24 | 15.83 | 0.45 | -15.09 | 12.5 | 65.53 | 22.37 | -13.23 | 201.41 | 18.35 | -11.4 | 71.05 | -2.72 | -30.86 | 195.90 | 30.01 | -2.09 |
| 22Q4 (16) | 1.70 | 14.86 | 37.1 | 0.53 | 10.42 | 0.0 | 53.55 | -12.98 | -27.0 | 170.18 | -9.66 | -1.3 | 73.04 | -27.89 | -19.09 | 150.68 | 1.39 | -3.11 |
| 22Q3 (15) | 1.48 | -12.43 | 6.47 | 0.48 | -12.73 | -39.24 | 61.54 | 14.34 | -5.82 | 188.37 | 13.65 | 63.2 | 101.29 | 17.3 | 59.41 | 148.62 | 11.57 | 26.79 |
| 22Q2 (14) | 1.69 | 40.83 | 27.07 | 0.55 | 37.5 | -21.43 | 53.82 | -28.73 | -21.58 | 165.74 | -27.09 | 27.41 | 86.35 | -15.97 | 33.48 | 133.21 | -33.42 | -0.61 |
| 22Q1 (13) | 1.20 | -3.23 | -21.05 | 0.40 | -24.53 | -34.43 | 75.52 | 2.94 | 26.44 | 227.32 | 31.84 | 51.69 | 102.76 | 13.84 | 48.13 | 200.08 | 28.66 | 42.68 |
| 21Q4 (12) | 1.24 | -10.79 | -10.14 | 0.53 | -32.91 | -7.02 | 73.36 | 12.27 | 11.47 | 172.42 | 49.38 | 7.33 | 90.27 | 42.07 | 9.37 | 155.51 | 32.67 | 8.06 |
| 21Q3 (11) | 1.39 | 4.51 | -7.95 | 0.79 | 12.86 | 6.76 | 65.34 | -4.79 | 8.34 | 115.42 | -11.27 | -5.96 | 63.54 | -1.78 | -6.96 | 117.22 | -12.54 | 2.14 |
| 21Q2 (10) | 1.33 | -12.5 | -12.5 | 0.70 | 14.75 | -7.89 | 68.63 | 14.9 | 14.92 | 130.08 | -13.2 | 8.63 | 64.69 | -6.75 | 4.66 | 134.03 | -4.42 | 13.91 |
| 21Q1 (9) | 1.52 | 10.14 | -13.64 | 0.61 | 7.02 | -27.38 | 59.73 | -9.24 | 15.24 | 149.86 | -6.71 | 39.04 | 69.37 | -15.96 | 28.49 | 140.23 | -2.56 | 32.77 |
| 20Q4 (8) | 1.38 | -8.61 | -38.94 | 0.57 | -22.97 | -53.28 | 65.81 | 9.12 | 63.58 | 160.64 | 30.88 | 115.28 | 82.54 | 20.87 | 129.79 | 143.91 | 25.4 | 82.35 |
| 20Q3 (7) | 1.51 | -0.66 | -19.25 | 0.74 | -2.63 | -29.52 | 60.31 | 0.99 | 23.74 | 122.74 | 2.5 | 41.08 | 68.29 | 10.48 | 50.72 | 114.76 | -2.46 | 26.89 |
| 20Q2 (6) | 1.52 | -13.64 | 23.58 | 0.76 | -9.52 | 13.43 | 59.72 | 15.22 | -19.19 | 119.75 | 11.11 | -12.37 | 61.81 | 14.48 | -17.64 | 117.66 | 11.4 | -13.17 |
| 20Q1 (5) | 1.76 | -22.12 | -23.14 | 0.84 | -31.15 | -34.38 | 51.83 | 28.83 | 30.19 | 107.78 | 44.44 | 51.93 | 53.99 | 50.31 | 19.18 | 105.62 | 33.83 | 61.38 |
| 19Q4 (4) | 2.26 | 20.86 | 0.0 | 1.22 | 16.19 | 0.0 | 40.23 | -17.46 | 0.0 | 74.62 | -14.23 | 0.0 | 35.92 | -20.72 | 0.0 | 78.92 | -12.74 | 0.0 |
| 19Q3 (3) | 1.87 | 52.03 | 0.0 | 1.05 | 56.72 | 0.0 | 48.74 | -34.05 | 0.0 | 87.00 | -36.34 | 0.0 | 45.31 | -39.63 | 0.0 | 90.44 | -33.26 | 0.0 |
| 19Q2 (2) | 1.23 | -46.29 | 0.0 | 0.67 | -47.66 | 0.0 | 73.90 | 85.63 | 0.0 | 136.66 | 92.64 | 0.0 | 75.05 | 65.67 | 0.0 | 135.51 | 107.04 | 0.0 |
| 19Q1 (1) | 2.29 | 0.0 | 0.0 | 1.28 | 0.0 | 0.0 | 39.81 | 0.0 | 0.0 | 70.94 | 0.0 | 0.0 | 45.30 | 0.0 | 0.0 | 65.45 | 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) | 6.66 | 11.0 | 2.84 | 26.22 | 54.82 | -9.92 | 128.31 | -21.0 | 63.01 | -3.55 | 120.11 | -23.96 |
| 2022 (9) | 6.00 | -8.12 | 2.25 | -7.79 | 60.86 | 8.85 | 162.42 | 8.61 | 65.33 | -7.62 | 157.95 | 17.23 |
| 2021 (8) | 6.53 | -10.06 | 2.44 | -11.91 | 55.91 | 11.24 | 149.54 | 13.4 | 70.72 | 11.99 | 134.73 | 13.24 |
| 2020 (7) | 7.26 | -18.97 | 2.77 | -34.36 | 50.26 | 23.43 | 131.87 | 52.33 | 63.15 | 14.96 | 118.98 | 64.43 |
| 2019 (6) | 8.96 | 40.22 | 4.22 | 26.73 | 40.72 | -28.76 | 86.57 | -20.93 | 54.93 | -25.5 | 72.36 | -22.12 |
| 2018 (5) | 6.39 | 11.13 | 3.33 | -4.03 | 57.16 | -9.97 | 109.49 | 4.12 | 73.73 | 16.13 | 92.91 | -11.65 |
| 2017 (4) | 5.75 | -16.67 | 3.47 | -18.93 | 63.49 | 20.11 | 105.16 | 23.2 | 63.49 | 27.08 | 105.16 | 19.15 |
| 2016 (3) | 6.90 | -29.16 | 4.28 | -15.75 | 52.86 | 41.0 | 85.36 | 18.84 | 49.96 | -10.9 | 88.26 | 65.75 |
| 2015 (2) | 9.74 | 26.82 | 5.08 | 31.61 | 37.49 | -21.09 | 71.83 | -24.09 | 56.07 | -36.96 | 53.25 | 0.11 |
| 2014 (1) | 7.68 | 6.52 | 3.86 | -25.05 | 47.51 | -6.13 | 94.63 | 33.41 | 88.95 | 48.45 | 53.19 | -13.68 |
