- 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) | 1.65 | 32.0 | 41.03 | 1.25 | 35.87 | 42.05 | 55.03 | -24.34 | -29.09 | 72.80 | -26.43 | -29.72 | 71.60 | -21.43 | 5.28 | 56.22 | -30.2 | -50.34 |
| 23Q3 (19) | 1.25 | -12.59 | -27.33 | 0.92 | -12.38 | -1.08 | 72.73 | 13.89 | 37.64 | 98.95 | 14.68 | 1.2 | 91.13 | 41.62 | 48.78 | 80.55 | -6.1 | -9.87 |
| 23Q2 (18) | 1.43 | 10.85 | -13.86 | 1.05 | 32.91 | 72.13 | 63.86 | -9.39 | 16.32 | 86.28 | -25.17 | -42.07 | 64.35 | -14.06 | -43.01 | 85.78 | -22.65 | -5.66 |
| 23Q1 (17) | 1.29 | 10.26 | -13.42 | 0.79 | -10.23 | -15.05 | 70.48 | -9.19 | 15.54 | 115.30 | 11.3 | 17.76 | 74.88 | 10.1 | -20.27 | 110.90 | -2.03 | 70.64 |
| 22Q4 (16) | 1.17 | -31.98 | -21.48 | 0.88 | -5.38 | -25.42 | 77.61 | 46.88 | 26.86 | 103.59 | 5.94 | 34.15 | 68.01 | 11.04 | -12.98 | 113.20 | 26.66 | 87.88 |
| 22Q3 (15) | 1.72 | 3.61 | 37.6 | 0.93 | 52.46 | -13.89 | 52.84 | -3.75 | -27.58 | 97.78 | -34.34 | 15.88 | 61.25 | -45.75 | -31.09 | 89.37 | -1.72 | 30.54 |
| 22Q2 (14) | 1.66 | 11.41 | 16.08 | 0.61 | -34.41 | -47.41 | 54.90 | -10.0 | -13.72 | 148.93 | 52.11 | 89.62 | 112.91 | 20.22 | 30.7 | 90.93 | 39.91 | 63.02 |
| 22Q1 (13) | 1.49 | 0.0 | 20.16 | 0.93 | -21.19 | -17.7 | 61.00 | -0.29 | -16.71 | 97.91 | 26.79 | 21.43 | 93.92 | 20.18 | 3.42 | 64.99 | 7.87 | 3.06 |
| 21Q4 (12) | 1.49 | 19.2 | -18.58 | 1.18 | 9.26 | -18.62 | 61.18 | -16.15 | 22.88 | 77.22 | -8.49 | 22.79 | 78.15 | -12.07 | 23.93 | 60.25 | -11.99 | 21.42 |
| 21Q3 (11) | 1.25 | -12.59 | -25.15 | 1.08 | -6.9 | 12.5 | 72.96 | 14.66 | 33.9 | 84.38 | 7.44 | -11.09 | 88.88 | 2.88 | -15.63 | 68.46 | 22.73 | 55.48 |
| 21Q2 (10) | 1.43 | 15.32 | -26.29 | 1.16 | 2.65 | -23.18 | 63.63 | -13.12 | 35.85 | 78.54 | -2.59 | 30.47 | 86.39 | -4.87 | 9.26 | 55.78 | -11.54 | 99.43 |
| 21Q1 (9) | 1.24 | -32.24 | -1.59 | 1.13 | -22.07 | -17.52 | 73.24 | 47.1 | 1.03 | 80.63 | 28.21 | 21.27 | 90.81 | 44.01 | 5.15 | 63.06 | 27.09 | 19.84 |
| 20Q4 (8) | 1.83 | 9.58 | 32.61 | 1.45 | 51.04 | -14.71 | 49.79 | -8.63 | -24.53 | 62.89 | -33.73 | 17.24 | 63.06 | -40.14 | 20.44 | 49.62 | 12.7 | -26.22 |
| 20Q3 (7) | 1.67 | -13.92 | 53.21 | 0.96 | -36.42 | 7.87 | 54.49 | 16.33 | -34.48 | 94.90 | 57.64 | -7.42 | 105.35 | 33.24 | 20.5 | 44.03 | 57.42 | -55.19 |
| 20Q2 (6) | 1.94 | 53.97 | 21.25 | 1.51 | 10.22 | 30.17 | 46.84 | -35.38 | -17.59 | 60.20 | -9.46 | -23.19 | 79.07 | -8.44 | 2.21 | 27.97 | -46.85 | -51.65 |
| 20Q1 (5) | 1.26 | -8.7 | -18.18 | 1.37 | -19.41 | 38.38 | 72.49 | 9.88 | 22.93 | 66.49 | 23.96 | -27.4 | 86.36 | 64.94 | -12.54 | 52.62 | -21.75 | 1.54 |
| 19Q4 (4) | 1.38 | 26.61 | 0.0 | 1.70 | 91.01 | 0.0 | 65.97 | -20.68 | 0.0 | 53.64 | -47.67 | 0.0 | 52.36 | -40.11 | 0.0 | 67.25 | -31.55 | 0.0 |
| 19Q3 (3) | 1.09 | -31.87 | 0.0 | 0.89 | -23.28 | 0.0 | 83.17 | 46.32 | 0.0 | 102.51 | 30.79 | 0.0 | 87.43 | 13.02 | 0.0 | 98.25 | 69.84 | 0.0 |
| 19Q2 (2) | 1.60 | 3.9 | 0.0 | 1.16 | 17.17 | 0.0 | 56.84 | -3.61 | 0.0 | 78.38 | -14.42 | 0.0 | 77.36 | -21.65 | 0.0 | 57.85 | 11.64 | 0.0 |
| 19Q1 (1) | 1.54 | 0.0 | 0.0 | 0.99 | 0.0 | 0.0 | 58.97 | 0.0 | 0.0 | 91.59 | 0.0 | 0.0 | 98.74 | 0.0 | 0.0 | 51.82 | 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) | 5.50 | 6.8 | 4.46 | 5.19 | 66.33 | -6.45 | 81.92 | -4.88 | 68.40 | -4.47 | 79.86 | -6.5 |
| 2022 (9) | 5.15 | -2.65 | 4.24 | -22.91 | 70.90 | 2.69 | 86.12 | 29.68 | 71.60 | 2.26 | 85.41 | 30.54 |
| 2021 (8) | 5.29 | 3.32 | 5.50 | -22.54 | 69.04 | -3.07 | 66.41 | 29.23 | 70.02 | 10.41 | 65.43 | 10.5 |
| 2020 (7) | 5.12 | 0.2 | 7.10 | 12.34 | 71.23 | -0.29 | 51.39 | -10.95 | 63.42 | -10.6 | 59.21 | 1.7 |
| 2019 (6) | 5.11 | -17.58 | 6.32 | 4.29 | 71.44 | 21.25 | 57.71 | -4.23 | 70.94 | -0.49 | 58.22 | 21.57 |
| 2018 (5) | 6.20 | 32.76 | 6.06 | -26.81 | 58.92 | -24.65 | 60.26 | 36.64 | 71.29 | 0.65 | 47.89 | -6.96 |
| 2017 (4) | 4.67 | -3.11 | 8.28 | -4.39 | 78.20 | 3.28 | 44.10 | 4.58 | 70.83 | 9.75 | 51.47 | -3.52 |
| 2016 (3) | 4.82 | -25.39 | 8.66 | 26.98 | 75.72 | 33.97 | 42.17 | -21.15 | 64.54 | 24.09 | 53.35 | -8.02 |
| 2015 (2) | 6.46 | 37.45 | 6.82 | 71.79 | 56.52 | -27.3 | 53.48 | -41.88 | 52.01 | -45.92 | 58.00 | -21.17 |
| 2014 (1) | 4.70 | 2.17 | 3.97 | -12.56 | 77.74 | -1.94 | 92.02 | 14.47 | 96.17 | 8.25 | 73.58 | 3.87 |
