- 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) | 1.89 | 0.53 | 45.38 | 1.18 | 19.19 | 10.28 | 48.14 | -0.68 | -31.33 | 77.23 | -16.03 | -8.85 | 47.03 | -7.96 | -10.79 | 78.35 | -12.3 | -23.26 |
| 23Q3 (19) | 1.88 | 25.33 | 16.05 | 0.99 | 4.21 | -11.61 | 48.47 | -19.91 | -13.46 | 91.97 | -4.39 | 13.49 | 51.10 | -6.29 | 7.85 | 89.34 | -12.57 | -0.37 |
| 23Q2 (18) | 1.50 | 7.91 | 11.94 | 0.95 | -11.21 | 13.1 | 60.52 | -7.62 | -10.67 | 96.19 | 13.14 | -11.48 | 54.53 | 5.21 | -13.65 | 102.18 | 3.53 | -9.78 |
| 23Q1 (17) | 1.39 | 6.92 | 2.96 | 1.07 | 0.0 | 0.94 | 65.51 | -6.55 | -3.12 | 85.02 | 0.34 | -1.36 | 51.83 | -1.69 | -9.34 | 98.70 | -3.33 | 2.14 |
| 22Q4 (16) | 1.30 | -19.75 | -8.45 | 1.07 | -4.46 | -7.76 | 70.10 | 25.16 | 9.57 | 84.73 | 4.55 | 8.2 | 52.72 | 11.27 | 2.57 | 102.10 | 13.86 | 12.33 |
| 22Q3 (15) | 1.62 | 20.9 | 10.96 | 1.12 | 33.33 | 16.67 | 56.01 | -17.33 | -10.21 | 81.04 | -25.43 | -14.64 | 47.38 | -24.97 | -19.35 | 89.67 | -20.83 | -9.03 |
| 22Q2 (14) | 1.34 | -0.74 | -7.59 | 0.84 | -20.75 | -19.23 | 67.75 | 0.19 | 7.64 | 108.67 | 26.08 | 23.87 | 63.15 | 10.46 | 17.03 | 113.26 | 17.21 | 17.11 |
| 22Q1 (13) | 1.35 | -4.93 | 15.38 | 1.06 | -8.62 | 7.07 | 67.62 | 5.69 | -12.74 | 86.19 | 10.06 | -5.95 | 57.17 | 11.23 | 4.21 | 96.63 | 6.32 | -15.44 |
| 21Q4 (12) | 1.42 | -2.74 | -12.88 | 1.16 | 20.83 | -12.78 | 63.98 | 2.56 | 14.66 | 78.31 | -17.52 | 14.87 | 51.40 | -12.51 | 28.47 | 90.89 | -7.79 | 8.25 |
| 21Q3 (11) | 1.46 | 0.69 | -3.95 | 0.96 | -7.69 | 3.23 | 62.38 | -0.89 | 4.42 | 94.94 | 8.22 | -2.71 | 58.75 | 8.88 | 46.88 | 98.57 | 1.92 | -15.97 |
| 21Q2 (10) | 1.45 | 23.93 | 126.56 | 1.04 | 5.05 | 96.23 | 62.94 | -18.78 | -55.59 | 87.73 | -4.27 | -49.24 | 53.96 | -1.64 | -31.77 | 96.71 | -15.37 | -58.93 |
| 21Q1 (9) | 1.17 | -28.22 | -6.4 | 0.99 | -25.56 | -15.38 | 77.49 | 38.87 | 6.12 | 91.64 | 34.43 | 17.55 | 54.86 | 37.12 | 9.81 | 114.27 | 36.1 | 13.12 |
| 20Q4 (8) | 1.63 | 7.24 | 34.71 | 1.33 | 43.01 | 12.71 | 55.80 | -6.6 | -25.91 | 68.17 | -30.14 | -11.51 | 40.01 | 0.02 | -11.07 | 83.96 | -28.43 | -21.8 |
| 20Q3 (7) | 1.52 | 137.5 | 17.83 | 0.93 | 75.47 | -17.7 | 59.74 | -57.85 | -15.31 | 97.58 | -43.54 | 21.61 | 40.00 | -49.42 | -22.39 | 117.31 | -50.19 | 18.21 |
| 20Q2 (6) | 0.64 | -48.8 | -55.24 | 0.53 | -54.7 | -57.26 | 141.74 | 94.11 | 122.55 | 172.84 | 121.7 | 135.64 | 79.08 | 58.29 | 40.59 | 235.50 | 133.12 | 191.5 |
| 20Q1 (5) | 1.25 | 3.31 | 5.04 | 1.17 | -0.85 | -5.65 | 73.02 | -3.04 | -4.16 | 77.96 | 1.19 | 6.56 | 49.96 | 11.05 | -12.61 | 101.02 | -5.91 | 9.58 |
| 19Q4 (4) | 1.21 | -6.2 | 0.0 | 1.18 | 4.42 | 0.0 | 75.31 | 6.76 | 0.0 | 77.04 | -3.99 | 0.0 | 44.99 | -12.71 | 0.0 | 107.36 | 8.18 | 0.0 |
| 19Q3 (3) | 1.29 | -9.79 | 0.0 | 1.13 | -8.87 | 0.0 | 70.54 | 10.76 | 0.0 | 80.24 | 9.39 | 0.0 | 51.54 | -8.37 | 0.0 | 99.24 | 22.84 | 0.0 |
| 19Q2 (2) | 1.43 | 20.17 | 0.0 | 1.24 | 0.0 | 0.0 | 63.69 | -16.41 | 0.0 | 73.35 | 0.26 | 0.0 | 56.25 | -1.61 | 0.0 | 80.79 | -12.37 | 0.0 |
| 19Q1 (1) | 1.19 | 0.0 | 0.0 | 1.24 | 0.0 | 0.0 | 76.19 | 0.0 | 0.0 | 73.16 | 0.0 | 0.0 | 57.17 | 0.0 | 0.0 | 92.19 | 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) | 5.27 | 3.94 | 4.29 | -5.51 | 69.29 | -3.76 | 85.11 | 5.9 | 54.34 | -0.28 | 100.06 | 2.24 |
| 2022 (9) | 5.07 | 12.92 | 4.54 | 5.58 | 72.00 | -11.35 | 80.37 | -5.41 | 54.49 | -6.28 | 97.87 | -9.41 |
| 2021 (8) | 4.49 | 2.98 | 4.30 | -1.15 | 81.22 | -3.08 | 84.97 | 1.37 | 58.14 | 11.25 | 108.04 | -6.35 |
| 2020 (7) | 4.36 | -15.34 | 4.35 | -18.23 | 83.80 | 18.24 | 83.82 | 22.12 | 52.26 | 11.4 | 115.36 | 24.58 |
| 2019 (6) | 5.15 | 3.83 | 5.32 | -6.67 | 70.87 | -3.66 | 68.64 | 7.13 | 46.91 | -16.53 | 92.60 | 13.72 |
| 2018 (5) | 4.96 | -11.43 | 5.70 | -6.71 | 73.56 | 12.91 | 64.07 | 7.28 | 56.20 | 1.41 | 81.43 | 17.25 |
| 2017 (4) | 5.60 | 9.8 | 6.11 | 10.89 | 65.15 | -9.02 | 59.72 | -9.86 | 55.42 | -23.19 | 69.45 | 5.69 |
| 2016 (3) | 5.10 | 4.08 | 5.51 | -8.62 | 71.61 | -3.89 | 66.25 | 9.38 | 72.15 | -13.37 | 65.71 | 26.88 |
| 2015 (2) | 4.90 | -11.87 | 6.03 | -4.29 | 74.51 | 13.51 | 60.57 | 4.54 | 83.29 | -1.56 | 51.79 | 32.9 |
| 2014 (1) | 5.56 | 18.05 | 6.30 | 41.89 | 65.64 | -15.22 | 57.94 | -29.44 | 84.61 | -16.51 | 38.97 | -33.04 |
