- 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) | 1.12 | 7.69 | -0.88 | 0.90 | -6.25 | 25.0 | 81.56 | -6.45 | 1.02 | 101.10 | 7.21 | -19.56 | 41.31 | 32.45 | -17.59 | 141.35 | -5.95 | -9.56 |
| 23Q3 (19) | 1.04 | 33.33 | -21.21 | 0.96 | -5.88 | 33.33 | 87.18 | -25.12 | 26.73 | 94.30 | 5.5 | -25.42 | 31.19 | 8.6 | -55.05 | 150.29 | -15.12 | 19.43 |
| 23Q2 (18) | 0.78 | -20.41 | -33.33 | 1.02 | -6.42 | 39.73 | 116.42 | 25.89 | 49.31 | 89.38 | 7.48 | -27.92 | 28.72 | 15.16 | -60.71 | 177.07 | 17.5 | 37.4 |
| 23Q1 (17) | 0.98 | -13.27 | -14.78 | 1.09 | 51.39 | 6.86 | 92.48 | 14.54 | 16.58 | 83.16 | -33.83 | -7.2 | 24.94 | -50.25 | -54.96 | 150.70 | -3.58 | 32.69 |
| 22Q4 (16) | 1.13 | -14.39 | -3.42 | 0.72 | 0.0 | -25.77 | 80.74 | 17.37 | 3.58 | 125.68 | -0.6 | 34.37 | 50.13 | -27.76 | -20.16 | 156.29 | 24.2 | 43.81 |
| 22Q3 (15) | 1.32 | 12.82 | 43.48 | 0.72 | -1.37 | -25.0 | 68.79 | -11.77 | -30.73 | 126.44 | 1.97 | 33.02 | 69.39 | -5.08 | -2.16 | 125.84 | -2.35 | 1.95 |
| 22Q2 (14) | 1.17 | 1.74 | -5.65 | 0.73 | -28.43 | -43.85 | 77.97 | -1.71 | 5.85 | 124.00 | 38.38 | 77.65 | 73.10 | 32.02 | 37.43 | 128.87 | 13.47 | 42.76 |
| 22Q1 (13) | 1.15 | -1.71 | 19.79 | 1.02 | 5.15 | 9.68 | 79.33 | 1.77 | -16.48 | 89.61 | -4.19 | -8.82 | 55.37 | -11.82 | -22.97 | 113.57 | 4.5 | -6.43 |
| 21Q4 (12) | 1.17 | 27.17 | -2.5 | 0.97 | 1.04 | -17.8 | 77.95 | -21.5 | 2.66 | 93.53 | -1.6 | 21.59 | 62.79 | -11.46 | 7.59 | 108.68 | -11.95 | 15.02 |
| 21Q3 (11) | 0.92 | -25.81 | -26.98 | 0.96 | -26.15 | -7.69 | 99.30 | 34.81 | 37.06 | 95.05 | 36.17 | 8.82 | 70.92 | 33.33 | 8.91 | 123.43 | 36.73 | 30.37 |
| 21Q2 (10) | 1.24 | 29.17 | -6.77 | 1.30 | 39.78 | 10.17 | 73.66 | -22.45 | 7.64 | 69.80 | -28.98 | -9.41 | 53.19 | -26.0 | -4.16 | 90.27 | -25.63 | 0.32 |
| 21Q1 (9) | 0.96 | -20.0 | -10.28 | 0.93 | -21.19 | -23.14 | 94.98 | 25.09 | 11.47 | 98.28 | 27.77 | 30.87 | 71.88 | 23.17 | 27.18 | 121.38 | 28.46 | 16.94 |
| 20Q4 (8) | 1.20 | -4.76 | -13.04 | 1.18 | 13.46 | -18.06 | 75.93 | 4.8 | 15.45 | 76.92 | -11.94 | 21.71 | 58.36 | -10.38 | 27.98 | 94.49 | -0.2 | 13.34 |
| 20Q3 (7) | 1.26 | -5.26 | -3.08 | 1.04 | -11.86 | -8.77 | 72.45 | 5.87 | 3.54 | 87.35 | 13.37 | 9.23 | 65.12 | 17.33 | 15.34 | 94.68 | 5.22 | 1.28 |
| 20Q2 (6) | 1.33 | 24.3 | -8.28 | 1.18 | -2.48 | -9.92 | 68.43 | -19.69 | 9.35 | 77.05 | 2.6 | 11.06 | 55.50 | -1.8 | 10.36 | 89.98 | -13.31 | 10.18 |
| 20Q1 (5) | 1.07 | -22.46 | 22.99 | 1.21 | -15.97 | 4.31 | 85.21 | 29.56 | -18.67 | 75.10 | 18.83 | -4.06 | 56.52 | 23.95 | -4.91 | 103.80 | 24.51 | -16.03 |
| 19Q4 (4) | 1.38 | 6.15 | 0.0 | 1.44 | 26.32 | 0.0 | 65.77 | -6.0 | 0.0 | 63.20 | -20.97 | 0.0 | 45.60 | -19.23 | 0.0 | 83.37 | -10.82 | 0.0 |
| 19Q3 (3) | 1.30 | -10.34 | 0.0 | 1.14 | -12.98 | 0.0 | 69.97 | 11.81 | 0.0 | 79.97 | 15.26 | 0.0 | 56.46 | 12.27 | 0.0 | 93.48 | 14.46 | 0.0 |
| 19Q2 (2) | 1.45 | 66.67 | 0.0 | 1.31 | 12.93 | 0.0 | 62.58 | -40.27 | 0.0 | 69.38 | -11.37 | 0.0 | 50.29 | -15.39 | 0.0 | 81.67 | -33.93 | 0.0 |
| 19Q1 (1) | 0.87 | 0.0 | 0.0 | 1.16 | 0.0 | 0.0 | 104.77 | 0.0 | 0.0 | 78.28 | 0.0 | 0.0 | 59.44 | 0.0 | 0.0 | 123.61 | 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) | 4.51 | 2.5 | 3.31 | -2.07 | 80.99 | -2.4 | 110.38 | 2.12 | 39.71 | -17.61 | 151.66 | 6.15 |
| 2022 (9) | 4.40 | 6.54 | 3.38 | -18.55 | 82.98 | -6.09 | 108.09 | 22.93 | 48.20 | -21.06 | 142.87 | 23.98 |
| 2021 (8) | 4.13 | 1.23 | 4.15 | -12.26 | 88.36 | -1.13 | 87.93 | 13.99 | 61.06 | 4.22 | 115.24 | 6.78 |
| 2020 (7) | 4.08 | 9.38 | 4.73 | -7.8 | 89.37 | -8.58 | 77.14 | 8.4 | 58.59 | 3.26 | 107.92 | -3.81 |
| 2019 (6) | 3.73 | 19.17 | 5.13 | -19.72 | 97.76 | -16.24 | 71.16 | 24.65 | 56.74 | 9.81 | 112.19 | -8.15 |
| 2018 (5) | 3.13 | -1.57 | 6.39 | -20.22 | 116.72 | 1.78 | 57.09 | 25.31 | 51.67 | 5.43 | 122.14 | 9.81 |
| 2017 (4) | 3.18 | -14.05 | 8.01 | 19.2 | 114.68 | 16.2 | 45.56 | -16.08 | 49.01 | -3.33 | 111.23 | 8.74 |
| 2016 (3) | 3.70 | -22.11 | 6.72 | 16.67 | 98.69 | 28.32 | 54.29 | -14.38 | 50.70 | -6.58 | 102.29 | 18.89 |
| 2015 (2) | 4.75 | 7.95 | 5.76 | -7.4 | 76.91 | -7.33 | 63.41 | 8.06 | 54.27 | -14.37 | 86.04 | 9.9 |
| 2014 (1) | 4.40 | 7.06 | 6.22 | -16.29 | 82.99 | -6.57 | 58.68 | 19.49 | 63.38 | 2.69 | 78.29 | 2.7 |
