- 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) | 3.48 | 16.39 | 31.32 | 1.19 | 35.23 | 46.91 | 26.18 | -13.88 | -23.9 | 76.54 | -25.99 | -31.8 | 59.35 | 5.77 | -7.58 | 43.38 | -44.17 | -47.36 |
| 23Q3 (19) | 2.99 | 36.53 | 9.12 | 0.88 | 14.29 | -5.38 | 30.40 | -26.78 | -8.43 | 103.42 | -12.77 | 5.77 | 56.11 | 19.97 | 3.39 | 77.70 | -31.43 | 1.29 |
| 23Q2 (18) | 2.19 | -22.89 | -9.88 | 0.77 | -11.49 | -23.0 | 41.52 | 29.63 | 10.96 | 118.56 | 13.14 | 30.01 | 46.77 | -14.31 | -5.88 | 113.31 | 37.78 | 43.59 |
| 23Q1 (17) | 2.84 | 7.17 | 12.7 | 0.87 | 7.41 | -13.0 | 32.03 | -6.89 | -11.2 | 104.79 | -6.63 | 14.59 | 54.58 | -15.01 | 3.06 | 82.24 | -0.21 | 10.29 |
| 22Q4 (16) | 2.65 | -3.28 | 4.33 | 0.81 | -12.9 | -8.99 | 34.40 | 3.61 | -4.15 | 112.23 | 14.78 | 9.66 | 64.22 | 18.33 | 12.0 | 82.41 | 7.43 | 1.88 |
| 22Q3 (15) | 2.74 | 12.76 | 39.09 | 0.93 | -7.0 | 9.41 | 33.20 | -11.28 | -28.06 | 97.78 | 7.23 | -8.95 | 54.27 | 9.22 | -13.27 | 76.71 | -2.79 | -15.68 |
| 22Q2 (14) | 2.43 | -3.57 | -5.81 | 1.00 | 0.0 | -9.09 | 37.42 | 3.74 | 5.92 | 91.19 | -0.28 | 10.72 | 49.69 | -6.17 | 3.61 | 78.91 | 5.82 | 13.17 |
| 22Q1 (13) | 2.52 | -0.79 | 13.0 | 1.00 | 12.36 | 44.93 | 36.07 | 0.5 | -11.66 | 91.45 | -10.64 | -30.52 | 52.96 | -7.64 | -16.2 | 74.57 | -7.81 | -31.74 |
| 21Q4 (12) | 2.54 | 28.93 | 17.59 | 0.89 | 4.71 | 14.1 | 35.89 | -22.23 | -14.85 | 102.34 | -4.7 | -12.57 | 57.34 | -8.36 | 17.4 | 80.89 | -11.08 | -26.71 |
| 21Q3 (11) | 1.97 | -23.64 | -29.64 | 0.85 | -22.73 | 4.94 | 46.15 | 30.63 | 42.04 | 107.39 | 30.39 | -3.84 | 62.57 | 30.46 | 7.47 | 90.97 | 30.46 | 5.84 |
| 21Q2 (10) | 2.58 | 15.7 | -26.91 | 1.10 | 59.42 | 13.4 | 35.33 | -13.47 | 37.15 | 82.36 | -37.43 | -11.76 | 47.96 | -24.11 | -17.57 | 69.73 | -36.17 | 14.46 |
| 21Q1 (9) | 2.23 | 3.24 | -53.83 | 0.69 | -11.54 | -31.68 | 40.83 | -3.13 | 116.6 | 131.62 | 12.44 | 45.48 | 63.20 | 29.4 | 32.25 | 109.25 | -1.01 | 77.56 |
| 20Q4 (8) | 2.16 | -22.86 | -45.45 | 0.78 | -3.7 | -16.13 | 42.15 | 29.73 | 83.58 | 117.06 | 4.82 | 20.27 | 48.84 | -16.11 | -8.56 | 110.37 | 28.41 | 65.05 |
| 20Q3 (7) | 2.80 | -20.68 | -26.32 | 0.81 | -16.49 | -20.59 | 32.49 | 26.13 | 35.71 | 111.68 | 19.65 | 25.64 | 58.22 | 0.07 | -7.38 | 85.95 | 41.09 | 72.0 |
| 20Q2 (6) | 3.53 | -26.92 | -30.92 | 0.97 | -3.96 | -12.61 | 25.76 | 36.66 | 44.56 | 93.34 | 3.17 | 14.26 | 58.18 | 21.74 | -1.86 | 60.92 | -0.99 | 51.43 |
| 20Q1 (5) | 4.83 | 21.97 | 4.32 | 1.01 | 8.6 | 13.48 | 18.85 | -17.9 | -4.12 | 90.47 | -7.05 | -11.28 | 47.79 | -10.52 | -33.15 | 61.53 | -7.99 | 22.74 |
| 19Q4 (4) | 3.96 | 4.21 | 0.0 | 0.93 | -8.82 | 0.0 | 22.96 | -4.09 | 0.0 | 97.33 | 9.49 | 0.0 | 53.41 | -15.03 | 0.0 | 66.87 | 33.82 | 0.0 |
| 19Q3 (3) | 3.80 | -25.64 | 0.0 | 1.02 | -8.11 | 0.0 | 23.94 | 34.34 | 0.0 | 88.89 | 8.81 | 0.0 | 62.86 | 6.04 | 0.0 | 49.97 | 24.21 | 0.0 |
| 19Q2 (2) | 5.11 | 10.37 | 0.0 | 1.11 | 24.72 | 0.0 | 17.82 | -9.36 | 0.0 | 81.69 | -19.89 | 0.0 | 59.28 | -17.08 | 0.0 | 40.23 | -19.75 | 0.0 |
| 19Q1 (1) | 4.63 | 0.0 | 0.0 | 0.89 | 0.0 | 0.0 | 19.66 | 0.0 | 0.0 | 101.97 | 0.0 | 0.0 | 71.49 | 0.0 | 0.0 | 50.13 | 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) | 11.18 | -3.2 | 3.77 | 4.72 | 32.66 | 3.39 | 96.89 | -4.57 | 67.10 | 11.68 | 62.45 | -14.49 |
| 2022 (9) | 11.55 | 3.22 | 3.60 | -1.1 | 31.59 | -3.1 | 101.53 | 1.12 | 60.08 | 9.78 | 73.03 | -6.72 |
| 2021 (8) | 11.19 | -31.31 | 3.64 | -7.61 | 32.60 | 45.47 | 100.41 | 8.35 | 54.73 | 28.2 | 78.29 | 8.15 |
| 2020 (7) | 16.29 | -24.76 | 3.94 | -1.75 | 22.41 | 32.92 | 92.67 | 1.76 | 42.69 | -22.04 | 72.39 | 36.15 |
| 2019 (6) | 21.65 | -1.41 | 4.01 | -8.24 | 16.86 | 1.44 | 91.07 | 9.07 | 54.76 | -18.85 | 53.17 | 62.9 |
| 2018 (5) | 21.96 | -4.52 | 4.37 | -4.17 | 16.62 | 4.73 | 83.50 | 4.24 | 67.48 | -3.0 | 32.64 | 23.64 |
| 2017 (4) | 23.00 | 5.17 | 4.56 | 5.31 | 15.87 | -4.91 | 80.10 | -4.93 | 69.57 | 11.85 | 26.40 | -31.87 |
| 2016 (3) | 21.87 | -6.1 | 4.33 | 2.36 | 16.69 | 6.51 | 84.25 | -2.48 | 62.20 | 19.55 | 38.75 | -22.55 |
| 2015 (2) | 23.29 | -10.77 | 4.23 | -6.0 | 15.67 | 12.01 | 86.39 | 6.43 | 52.03 | 11.03 | 50.03 | 3.6 |
| 2014 (1) | 26.10 | 17.62 | 4.50 | -6.83 | 13.99 | -14.95 | 81.17 | 7.45 | 46.86 | -18.36 | 48.29 | 39.61 |
