- 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) | 1.09 | 1.87 | -9.17 | 1.51 | -10.12 | -6.79 | 83.40 | -1.84 | 10.24 | 60.09 | 11.07 | 6.94 | 95.96 | 7.1 | 11.09 | 47.54 | -3.88 | 4.58 |
| 23Q3 (19) | 1.07 | -5.31 | -23.02 | 1.68 | 4.35 | 1.82 | 84.96 | 5.82 | 29.79 | 54.10 | -4.06 | -2.15 | 89.60 | 4.13 | 17.76 | 49.46 | -2.29 | 10.77 |
| 23Q2 (18) | 1.13 | 5.61 | -18.71 | 1.61 | 15.83 | 24.81 | 80.29 | -5.94 | 22.39 | 56.39 | -13.93 | -20.22 | 86.05 | -10.35 | 0.66 | 50.62 | -7.8 | -0.35 |
| 23Q1 (17) | 1.07 | -10.83 | -18.32 | 1.39 | -14.2 | 21.93 | 85.36 | 12.84 | 22.73 | 65.52 | 16.6 | -17.85 | 95.98 | 11.11 | -5.1 | 54.90 | 20.77 | 13.97 |
| 22Q4 (16) | 1.20 | -13.67 | -18.37 | 1.62 | -1.82 | 18.25 | 75.65 | 15.57 | 22.11 | 56.19 | 1.63 | -15.44 | 86.38 | 13.52 | -0.07 | 45.46 | 1.81 | 8.34 |
| 22Q3 (15) | 1.39 | 0.0 | 8.59 | 1.65 | 27.91 | 28.91 | 65.46 | -0.21 | -8.04 | 55.29 | -21.77 | -22.4 | 76.09 | -11.0 | -16.26 | 44.65 | -12.11 | -13.44 |
| 22Q2 (14) | 1.39 | 6.11 | 8.59 | 1.29 | 13.16 | -3.01 | 65.60 | -5.68 | -7.79 | 70.68 | -11.38 | 3.17 | 85.49 | -15.47 | -9.99 | 50.80 | 5.46 | 13.72 |
| 22Q1 (13) | 1.31 | -10.88 | -0.76 | 1.14 | -16.79 | -22.45 | 69.55 | 12.27 | 0.56 | 79.76 | 20.03 | 28.42 | 101.14 | 17.01 | -2.45 | 48.17 | 14.8 | 74.59 |
| 21Q4 (12) | 1.47 | 14.84 | 8.09 | 1.37 | 7.03 | -24.31 | 61.95 | -12.97 | -7.33 | 66.45 | -6.74 | 32.48 | 86.44 | -4.86 | -9.16 | 41.96 | -18.65 | 91.95 |
| 21Q3 (11) | 1.28 | 0.0 | -8.57 | 1.28 | -3.76 | -37.56 | 71.18 | 0.06 | 9.39 | 71.25 | 4.0 | 60.69 | 90.86 | -4.34 | 10.72 | 51.58 | 15.47 | 88.59 |
| 21Q2 (10) | 1.28 | -3.03 | -8.57 | 1.33 | -9.52 | -25.7 | 71.14 | 2.86 | 9.35 | 68.51 | 10.3 | 34.92 | 94.98 | -8.39 | 5.43 | 44.67 | 61.91 | 73.48 |
| 21Q1 (9) | 1.32 | -2.94 | 48.31 | 1.47 | -18.78 | 18.55 | 69.16 | 3.46 | -32.68 | 62.11 | 23.82 | -15.28 | 103.68 | 8.95 | -31.16 | 27.59 | 26.21 | 8.45 |
| 20Q4 (8) | 1.36 | -2.86 | 17.24 | 1.81 | -11.71 | -15.02 | 66.85 | 2.74 | -14.86 | 50.16 | 13.13 | 17.5 | 95.16 | 15.96 | -0.24 | 21.86 | -20.07 | -15.37 |
| 20Q3 (7) | 1.40 | 0.0 | 6.87 | 2.05 | 14.53 | -15.29 | 65.07 | 0.02 | -6.54 | 44.34 | -12.68 | 18.05 | 82.06 | -8.91 | 8.1 | 27.35 | 6.21 | -12.51 |
| 20Q2 (6) | 1.40 | 57.3 | 10.24 | 1.79 | 44.35 | -5.29 | 65.06 | -36.68 | -9.11 | 50.78 | -30.73 | 5.48 | 90.09 | -40.18 | 11.54 | 25.75 | 1.22 | -33.89 |
| 20Q1 (5) | 0.89 | -23.28 | -7.29 | 1.24 | -41.78 | -21.02 | 102.74 | 30.85 | 8.86 | 73.31 | 71.73 | 26.79 | 150.61 | 57.89 | 31.66 | 25.44 | -1.51 | -32.72 |
| 19Q4 (4) | 1.16 | -11.45 | 0.0 | 2.13 | -11.98 | 0.0 | 78.52 | 12.78 | 0.0 | 42.69 | 13.66 | 0.0 | 95.39 | 25.66 | 0.0 | 25.83 | -17.37 | 0.0 |
| 19Q3 (3) | 1.31 | 3.15 | 0.0 | 2.42 | 28.04 | 0.0 | 69.62 | -2.74 | 0.0 | 37.56 | -21.98 | 0.0 | 75.91 | -6.02 | 0.0 | 31.26 | -19.74 | 0.0 |
| 19Q2 (2) | 1.27 | 32.29 | 0.0 | 1.89 | 20.38 | 0.0 | 71.58 | -24.16 | 0.0 | 48.14 | -16.74 | 0.0 | 80.77 | -29.39 | 0.0 | 38.95 | 3.02 | 0.0 |
| 19Q1 (1) | 0.96 | 0.0 | 0.0 | 1.57 | 0.0 | 0.0 | 94.38 | 0.0 | 0.0 | 57.82 | 0.0 | 0.0 | 114.39 | 0.0 | 0.0 | 37.81 | 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) | 4.66 | -17.96 | 5.87 | -3.14 | 78.28 | 21.84 | 62.20 | 3.31 | 93.83 | 10.6 | 46.65 | 17.74 |
| 2022 (9) | 5.68 | 8.19 | 6.06 | 13.91 | 64.25 | -7.54 | 60.21 | -12.26 | 84.84 | -21.11 | 39.62 | 29.65 |
| 2021 (8) | 5.25 | 27.43 | 5.32 | -8.28 | 69.49 | -21.63 | 68.62 | 9.01 | 107.54 | -17.11 | 30.56 | 39.67 |
| 2020 (7) | 4.12 | -7.21 | 5.80 | -25.64 | 88.67 | 7.95 | 62.95 | 34.57 | 129.74 | 19.73 | 21.88 | 6.42 |
| 2019 (6) | 4.44 | 3.02 | 7.80 | -0.51 | 82.14 | -2.91 | 46.78 | 0.45 | 108.36 | -2.96 | 20.56 | 5.44 |
| 2018 (5) | 4.31 | -4.86 | 7.84 | -0.88 | 84.60 | 4.96 | 46.57 | 0.95 | 111.67 | -1.97 | 19.50 | 52.11 |
| 2017 (4) | 4.53 | -0.66 | 7.91 | -2.83 | 80.60 | 0.8 | 46.13 | 2.88 | 113.91 | 0.0 | 12.82 | 17.72 |
| 2016 (3) | 4.56 | -13.14 | 8.14 | -15.3 | 79.96 | 14.98 | 44.84 | 18.09 | 113.91 | 16.41 | 10.89 | 12.62 |
| 2015 (2) | 5.25 | -7.89 | 9.61 | -6.34 | 69.54 | 8.54 | 37.97 | 6.72 | 97.85 | 7.0 | 9.67 | 17.93 |
| 2014 (1) | 5.70 | 0.88 | 10.26 | 22.29 | 64.07 | -0.79 | 35.58 | -18.24 | 91.45 | -3.32 | 8.20 | -39.3 |
