- 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) | 0.97 | -2.02 | 3.19 | 0.97 | -9.35 | -4.9 | 93.79 | 2.48 | -3.05 | 94.21 | 10.71 | 5.2 | 56.18 | 13.31 | 20.45 | 131.83 | 3.77 | -5.61 |
| 23Q3 (19) | 0.99 | -5.71 | -3.88 | 1.07 | -1.83 | 5.94 | 91.52 | 5.8 | 3.58 | 85.10 | 1.61 | -5.94 | 49.58 | 23.98 | -7.26 | 127.04 | -2.47 | 1.33 |
| 23Q2 (18) | 1.05 | 29.63 | 11.7 | 1.09 | 22.47 | 14.74 | 86.50 | -22.63 | -10.52 | 83.75 | -18.37 | -12.7 | 39.99 | -5.84 | -29.36 | 130.26 | -24.24 | -4.21 |
| 23Q1 (17) | 0.81 | -13.83 | -20.59 | 0.89 | -12.75 | -20.54 | 111.80 | 15.57 | 24.9 | 102.60 | 14.57 | 25.98 | 42.47 | -8.94 | -13.8 | 171.94 | 23.11 | 41.31 |
| 22Q4 (16) | 0.94 | -8.74 | -10.48 | 1.02 | 0.99 | 2.0 | 96.74 | 9.48 | 11.57 | 89.55 | -1.02 | -1.94 | 46.64 | -12.76 | -1.29 | 139.66 | 11.4 | 6.79 |
| 22Q3 (15) | 1.03 | 9.57 | 15.73 | 1.01 | 6.32 | 21.69 | 88.36 | -8.6 | -13.39 | 90.47 | -5.69 | -17.16 | 53.46 | -5.56 | 4.84 | 125.37 | -7.8 | -21.76 |
| 22Q2 (14) | 0.94 | -7.84 | -6.93 | 0.95 | -15.18 | 1.06 | 96.67 | 8.0 | 7.66 | 95.93 | 17.79 | -0.93 | 56.61 | 14.9 | 9.92 | 135.98 | 11.75 | 0.64 |
| 22Q1 (13) | 1.02 | -2.86 | 2.0 | 1.12 | 12.0 | 20.43 | 89.51 | 3.23 | -1.54 | 81.44 | -10.82 | -16.53 | 49.27 | 4.28 | -16.97 | 121.68 | -6.96 | -5.78 |
| 21Q4 (12) | 1.05 | 17.98 | 5.0 | 1.00 | 20.48 | 6.38 | 86.71 | -15.01 | -4.77 | 91.32 | -16.38 | -5.2 | 47.25 | -7.33 | -13.24 | 130.78 | -18.38 | -1.62 |
| 21Q3 (11) | 0.89 | -11.88 | -16.04 | 0.83 | -11.7 | -17.0 | 102.02 | 13.62 | 19.14 | 109.21 | 12.79 | 20.33 | 50.99 | -0.99 | 20.52 | 160.24 | 18.59 | 19.51 |
| 21Q2 (10) | 1.01 | 1.0 | 5.21 | 0.94 | 1.08 | 11.9 | 89.79 | -1.23 | -5.77 | 96.83 | -0.76 | -10.7 | 51.50 | -13.21 | 0.49 | 135.12 | 4.63 | -11.38 |
| 21Q1 (9) | 1.00 | 0.0 | 13.64 | 0.93 | -1.06 | 19.23 | 90.91 | -0.15 | -12.16 | 97.57 | 1.29 | -16.18 | 59.34 | 8.96 | -11.05 | 129.14 | -2.85 | -15.7 |
| 20Q4 (8) | 1.00 | -5.66 | -0.99 | 0.94 | -6.0 | -6.0 | 91.05 | 6.33 | 0.94 | 96.33 | 6.14 | 5.46 | 54.46 | 28.72 | -12.99 | 132.93 | -0.86 | 11.75 |
| 20Q3 (7) | 1.06 | 10.42 | 0.0 | 1.00 | 19.05 | -9.09 | 85.63 | -10.14 | -0.68 | 90.76 | -16.3 | 10.0 | 42.31 | -17.44 | -17.06 | 134.08 | -12.06 | 13.9 |
| 20Q2 (6) | 0.96 | 9.09 | -4.0 | 0.84 | 7.69 | -11.58 | 95.29 | -7.92 | 5.03 | 108.43 | -6.86 | 13.69 | 51.25 | -23.17 | 4.44 | 152.47 | -0.47 | 11.27 |
| 20Q1 (5) | 0.88 | -12.87 | -7.37 | 0.78 | -22.0 | -20.41 | 103.49 | 14.73 | 7.89 | 116.41 | 27.45 | 24.94 | 66.71 | 6.58 | 36.31 | 153.19 | 28.79 | 9.3 |
| 19Q4 (4) | 1.01 | -4.72 | 0.0 | 1.00 | -9.09 | 0.0 | 90.20 | 4.62 | 0.0 | 91.34 | 10.7 | 0.0 | 62.59 | 22.7 | 0.0 | 118.95 | 1.04 | 0.0 |
| 19Q3 (3) | 1.06 | 6.0 | 0.0 | 1.10 | 15.79 | 0.0 | 86.22 | -4.97 | 0.0 | 82.51 | -13.48 | 0.0 | 51.01 | 3.95 | 0.0 | 117.72 | -14.09 | 0.0 |
| 19Q2 (2) | 1.00 | 5.26 | 0.0 | 0.95 | -3.06 | 0.0 | 90.73 | -5.41 | 0.0 | 95.37 | 2.36 | 0.0 | 49.07 | 0.27 | 0.0 | 137.03 | -2.23 | 0.0 |
| 19Q1 (1) | 0.95 | 0.0 | 0.0 | 0.98 | 0.0 | 0.0 | 95.92 | 0.0 | 0.0 | 93.17 | 0.0 | 0.0 | 48.94 | 0.0 | 0.0 | 140.15 | 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) | 3.60 | -6.25 | 3.60 | -8.4 | 101.37 | 6.51 | 101.38 | 9.21 | 48.91 | 7.49 | 153.83 | 7.96 |
| 2022 (9) | 3.84 | -2.54 | 3.93 | 4.52 | 95.17 | 2.69 | 92.83 | -4.48 | 45.50 | -21.17 | 142.49 | 7.82 |
| 2021 (8) | 3.94 | 7.65 | 3.76 | 10.91 | 92.68 | -7.01 | 97.18 | -9.71 | 57.72 | -14.94 | 132.15 | -5.23 |
| 2020 (7) | 3.66 | -8.5 | 3.39 | -11.95 | 99.67 | 9.14 | 107.63 | 13.44 | 67.86 | 21.27 | 139.44 | 7.06 |
| 2019 (6) | 4.00 | -0.74 | 3.85 | -4.7 | 91.32 | 0.88 | 94.88 | 4.94 | 55.96 | 16.29 | 130.24 | -1.94 |
| 2018 (5) | 4.03 | 6.9 | 4.04 | 7.45 | 90.52 | -6.46 | 90.41 | -6.77 | 48.12 | -19.95 | 132.81 | -0.62 |
| 2017 (4) | 3.77 | -3.33 | 3.76 | 10.26 | 96.77 | 3.41 | 96.98 | -9.47 | 60.11 | 4.36 | 133.64 | -6.62 |
| 2016 (3) | 3.90 | -2.74 | 3.41 | -4.48 | 93.58 | 2.79 | 107.13 | 4.7 | 57.60 | 14.76 | 143.11 | -0.03 |
| 2015 (2) | 4.01 | 0 | 3.57 | 0 | 91.04 | 0 | 102.32 | 0 | 50.19 | 0 | 143.16 | 0 |
