- 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) | 1.95 | 0.0 | -14.85 | 0.98 | 10.11 | 34.25 | 46.76 | 0.06 | 17.52 | 93.33 | -9.04 | -25.05 | 8.36 | -0.71 | 31.86 | 131.73 | -6.52 | -16.61 |
| 23Q3 (19) | 1.95 | -24.12 | -5.34 | 0.89 | -6.32 | -5.32 | 46.73 | 31.78 | 5.94 | 102.61 | 7.63 | 5.61 | 8.42 | 6.18 | 47.2 | 140.92 | 14.7 | 3.96 |
| 23Q2 (18) | 2.57 | 0.0 | 5.33 | 0.95 | 25.0 | -11.21 | 35.46 | 0.11 | -4.86 | 95.34 | -20.85 | 11.74 | 7.93 | 23.33 | 51.92 | 122.86 | -17.79 | 4.69 |
| 23Q1 (17) | 2.57 | 12.23 | -6.88 | 0.76 | 4.11 | -26.21 | 35.42 | -10.98 | 7.56 | 120.46 | -3.26 | 36.24 | 6.43 | 1.42 | 0.31 | 149.44 | -5.4 | 30.02 |
| 22Q4 (16) | 2.29 | 11.17 | 6.02 | 0.73 | -22.34 | -18.89 | 39.79 | -9.79 | -5.4 | 124.52 | 28.16 | 23.79 | 6.34 | 10.84 | -14.67 | 157.97 | 16.54 | 16.83 |
| 22Q3 (15) | 2.06 | -15.57 | -2.37 | 0.94 | -12.15 | -14.55 | 44.11 | 18.35 | 2.32 | 97.16 | 13.88 | 17.48 | 5.72 | 9.58 | -36.44 | 135.55 | 15.5 | 16.04 |
| 22Q2 (14) | 2.44 | -11.59 | 3.83 | 1.07 | 3.88 | -14.4 | 37.27 | 13.18 | -3.6 | 85.32 | -3.51 | 17.33 | 5.22 | -18.56 | -57.42 | 117.36 | 2.11 | 18.4 |
| 22Q1 (13) | 2.76 | 27.78 | 11.29 | 1.03 | 14.44 | -16.26 | 32.93 | -21.71 | -10.2 | 88.42 | -12.1 | 19.07 | 6.41 | -13.73 | -49.69 | 114.94 | -14.99 | 17.06 |
| 21Q4 (12) | 2.16 | 2.37 | 0.93 | 0.90 | -18.18 | -15.09 | 42.06 | -2.44 | -0.99 | 100.59 | 21.63 | 17.54 | 7.43 | -17.44 | -33.84 | 135.21 | 15.75 | 15.73 |
| 21Q3 (11) | 2.11 | -10.21 | -12.08 | 1.10 | -12.0 | -4.35 | 43.11 | 11.51 | 13.9 | 82.70 | 13.72 | 4.74 | 9.00 | -26.59 | -3.23 | 116.81 | 17.85 | 8.65 |
| 21Q2 (10) | 2.35 | -5.24 | 25.0 | 1.25 | 1.63 | 28.87 | 38.66 | 5.43 | -20.09 | 72.72 | -2.07 | -22.29 | 12.26 | -3.77 | -6.27 | 99.12 | 0.95 | -23.1 |
| 21Q1 (9) | 2.48 | 15.89 | 10.22 | 1.23 | 16.04 | 25.51 | 36.67 | -13.68 | -9.26 | 74.26 | -13.23 | -20.34 | 12.74 | 13.45 | -3.56 | 98.19 | -15.95 | -18.46 |
| 20Q4 (8) | 2.14 | -10.83 | -16.73 | 1.06 | -7.83 | 4.95 | 42.48 | 12.23 | 19.97 | 85.58 | 8.38 | -5.37 | 11.23 | 20.75 | -8.18 | 116.83 | 8.67 | 2.83 |
| 20Q3 (7) | 2.40 | 27.66 | -5.51 | 1.15 | 18.56 | 25.0 | 37.85 | -21.77 | 5.76 | 78.96 | -15.62 | -19.78 | 9.30 | -28.9 | -23.65 | 107.51 | -16.59 | -11.91 |
| 20Q2 (6) | 1.88 | -16.44 | -16.07 | 0.97 | -1.02 | 31.08 | 48.38 | 19.72 | 19.28 | 93.58 | 0.39 | -24.01 | 13.08 | -0.98 | 14.24 | 128.89 | 7.03 | -15.34 |
| 20Q1 (5) | 2.25 | -12.45 | 4.65 | 0.98 | -2.97 | 22.5 | 40.41 | 14.12 | -4.6 | 93.22 | 3.07 | -17.72 | 13.21 | 8.01 | 36.05 | 120.42 | 5.98 | -17.49 |
| 19Q4 (4) | 2.57 | 1.18 | 0.0 | 1.01 | 9.78 | 0.0 | 35.41 | -1.06 | 0.0 | 90.44 | -8.12 | 0.0 | 12.23 | 0.41 | 0.0 | 113.62 | -6.9 | 0.0 |
| 19Q3 (3) | 2.54 | 13.39 | 0.0 | 0.92 | 24.32 | 0.0 | 35.79 | -11.76 | 0.0 | 98.43 | -20.07 | 0.0 | 12.18 | 6.38 | 0.0 | 122.04 | -19.84 | 0.0 |
| 19Q2 (2) | 2.24 | 4.19 | 0.0 | 0.74 | -7.5 | 0.0 | 40.56 | -4.25 | 0.0 | 123.14 | 8.68 | 0.0 | 11.45 | 17.92 | 0.0 | 152.25 | 4.32 | 0.0 |
| 19Q1 (1) | 2.15 | 0.0 | 0.0 | 0.80 | 0.0 | 0.0 | 42.36 | 0.0 | 0.0 | 113.30 | 0.0 | 0.0 | 9.71 | 0.0 | 0.0 | 145.95 | 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) | 9.55 | -25.16 | 3.26 | -15.76 | 38.21 | 33.6 | 111.96 | 18.83 | 6.01 | 29.25 | 144.16 | 21.99 |
| 2022 (9) | 12.76 | 24.73 | 3.87 | -10.42 | 28.60 | -19.82 | 94.22 | 11.42 | 4.65 | -46.06 | 118.17 | 5.88 |
| 2021 (8) | 10.23 | 10.71 | 4.32 | 11.05 | 35.67 | -9.67 | 84.56 | -9.81 | 8.62 | -37.85 | 111.61 | -6.51 |
| 2020 (7) | 9.24 | -10.72 | 3.89 | 2.1 | 39.49 | 11.96 | 93.76 | -2.12 | 13.87 | 22.2 | 119.38 | -0.28 |
| 2019 (6) | 10.35 | 18.29 | 3.81 | -1.55 | 35.27 | -15.46 | 95.79 | 1.69 | 11.35 | -9.05 | 119.71 | -3.01 |
| 2018 (5) | 8.75 | 18.72 | 3.87 | -6.97 | 41.72 | -15.8 | 94.20 | 7.31 | 12.48 | -31.16 | 123.43 | 3.54 |
| 2017 (4) | 7.37 | 0.14 | 4.16 | 2.46 | 49.55 | -0.14 | 87.78 | -2.34 | 18.13 | -0.55 | 119.21 | -1.7 |
| 2016 (3) | 7.36 | -18.31 | 4.06 | 8.27 | 49.62 | 22.43 | 89.88 | -7.74 | 18.23 | 4.83 | 121.27 | 0.6 |
| 2015 (2) | 9.01 | -2.49 | 3.75 | 5.63 | 40.53 | 2.58 | 97.42 | -5.3 | 17.39 | -18.32 | 120.55 | -0.44 |
| 2014 (1) | 9.24 | 9.61 | 3.55 | 9.23 | 39.51 | -8.71 | 102.87 | -8.47 | 21.29 | -5.04 | 121.08 | -9.13 |
