- 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) | 1.66 | 12.16 | 4.4 | 1.21 | 7.08 | -24.38 | 54.87 | -10.87 | -4.27 | 75.12 | -6.51 | 32.28 | 65.93 | -18.4 | 5.13 | 64.05 | 4.81 | 24.59 |
| 23Q3 (19) | 1.48 | -10.3 | -6.92 | 1.13 | -22.07 | -15.67 | 61.56 | 11.52 | 7.51 | 80.35 | 27.99 | 18.62 | 80.80 | 11.49 | 11.22 | 61.11 | 34.28 | 16.76 |
| 23Q2 (18) | 1.65 | 25.95 | 5.77 | 1.45 | 5.07 | 5.07 | 55.20 | -20.52 | -5.48 | 62.78 | -4.56 | -4.65 | 72.47 | -4.93 | 3.85 | 45.51 | -22.86 | -16.43 |
| 23Q1 (17) | 1.31 | -17.61 | -18.63 | 1.38 | -13.75 | 1.47 | 69.45 | 21.16 | 23.01 | 65.78 | 15.83 | -1.88 | 76.23 | 21.56 | 15.41 | 59.00 | 14.76 | 2.7 |
| 22Q4 (16) | 1.59 | 0.0 | 2.58 | 1.60 | 19.4 | 30.08 | 57.32 | 0.1 | -2.48 | 56.79 | -16.16 | -23.46 | 62.71 | -13.68 | -24.39 | 51.41 | -1.78 | 2.74 |
| 22Q3 (15) | 1.59 | 1.92 | -14.05 | 1.34 | -2.9 | -17.79 | 57.26 | -1.95 | 16.64 | 67.74 | 2.89 | 21.51 | 72.65 | 4.11 | 3.3 | 52.34 | -3.89 | 51.67 |
| 22Q2 (14) | 1.56 | -3.11 | -12.36 | 1.38 | 1.47 | -10.39 | 58.40 | 3.44 | 14.46 | 65.84 | -1.79 | 11.5 | 69.78 | 5.65 | -11.88 | 54.46 | -5.2 | 76.36 |
| 22Q1 (13) | 1.61 | 3.87 | -10.56 | 1.36 | 10.57 | -23.6 | 56.46 | -3.95 | 11.87 | 67.04 | -9.65 | 30.99 | 66.05 | -20.36 | -15.75 | 57.45 | 14.81 | 147.1 |
| 21Q4 (12) | 1.55 | -16.22 | -11.93 | 1.23 | -24.54 | -36.6 | 58.78 | 19.74 | 13.61 | 74.20 | 33.09 | 58.07 | 82.94 | 17.93 | 15.58 | 50.04 | 45.0 | 85.88 |
| 21Q3 (11) | 1.85 | 3.93 | 8.82 | 1.63 | 5.84 | -15.1 | 49.09 | -3.78 | -8.47 | 55.75 | -5.59 | 17.72 | 70.33 | -11.19 | 0.43 | 34.51 | 11.76 | 11.47 |
| 21Q2 (10) | 1.78 | -1.11 | -4.3 | 1.54 | -13.48 | -19.79 | 51.02 | 1.09 | 4.25 | 59.05 | 15.38 | 24.84 | 79.19 | 1.01 | 21.96 | 30.88 | 32.82 | -1.4 |
| 21Q1 (9) | 1.80 | 2.27 | 9.76 | 1.78 | -8.25 | 14.1 | 50.47 | -2.45 | -8.96 | 51.18 | 9.03 | -12.3 | 78.40 | 9.25 | 14.49 | 23.25 | -13.63 | -48.7 |
| 20Q4 (8) | 1.76 | 3.53 | 12.82 | 1.94 | 1.04 | 25.97 | 51.74 | -3.52 | -11.13 | 46.94 | -0.89 | -20.56 | 71.76 | 2.47 | 9.94 | 26.92 | -13.05 | -48.27 |
| 20Q3 (7) | 1.70 | -8.6 | 3.03 | 1.92 | 0.0 | 31.51 | 53.63 | 9.58 | -2.53 | 47.36 | 0.13 | -24.08 | 70.03 | 7.85 | 12.92 | 30.96 | -1.15 | -44.1 |
| 20Q2 (6) | 1.86 | 13.41 | -3.63 | 1.92 | 23.08 | 40.15 | 48.94 | -11.72 | 3.8 | 47.30 | -18.95 | -28.75 | 64.93 | -5.18 | 27.87 | 31.32 | -30.89 | -50.1 |
| 20Q1 (5) | 1.64 | 5.13 | 2.5 | 1.56 | 1.3 | 57.58 | 55.44 | -4.77 | -2.57 | 58.36 | -1.24 | -36.23 | 68.48 | 4.92 | 4.36 | 45.32 | -12.91 | -45.27 |
| 19Q4 (4) | 1.56 | -5.45 | 0.0 | 1.54 | 5.48 | 0.0 | 58.22 | 5.82 | 0.0 | 59.09 | -5.27 | 0.0 | 65.27 | 5.24 | 0.0 | 52.04 | -6.03 | 0.0 |
| 19Q3 (3) | 1.65 | -14.51 | 0.0 | 1.46 | 6.57 | 0.0 | 55.02 | 16.69 | 0.0 | 62.38 | -6.04 | 0.0 | 62.02 | 22.13 | 0.0 | 55.38 | -11.77 | 0.0 |
| 19Q2 (2) | 1.93 | 20.62 | 0.0 | 1.37 | 38.38 | 0.0 | 47.15 | -17.14 | 0.0 | 66.39 | -27.46 | 0.0 | 50.78 | -22.62 | 0.0 | 62.77 | -24.19 | 0.0 |
| 19Q1 (1) | 1.60 | 0.0 | 0.0 | 0.99 | 0.0 | 0.0 | 56.90 | 0.0 | 0.0 | 91.52 | 0.0 | 0.0 | 65.62 | 0.0 | 0.0 | 82.80 | 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) | 5.76 | -11.25 | 5.94 | -3.88 | 63.39 | 12.71 | 61.49 | 4.04 | 62.19 | 2.29 | 62.69 | 14.94 |
| 2022 (9) | 6.49 | -9.99 | 6.18 | -1.28 | 56.24 | 11.04 | 59.10 | 1.3 | 60.80 | -12.83 | 54.54 | 38.99 |
| 2021 (8) | 7.21 | -2.04 | 6.26 | -14.6 | 50.65 | 2.14 | 58.34 | 17.2 | 69.75 | 5.68 | 39.24 | 17.63 |
| 2020 (7) | 7.36 | -3.54 | 7.33 | 28.15 | 49.59 | 3.72 | 49.78 | -21.97 | 66.00 | 17.04 | 33.36 | -39.59 |
| 2019 (6) | 7.63 | 7.77 | 5.72 | 9.16 | 47.81 | -7.22 | 63.80 | -8.35 | 56.39 | -16.94 | 55.22 | 3.68 |
| 2018 (5) | 7.08 | -0.42 | 5.24 | -29.19 | 51.53 | 0.31 | 69.61 | 41.17 | 67.89 | -4.38 | 53.26 | 79.45 |
| 2017 (4) | 7.11 | 17.91 | 7.40 | -0.54 | 51.37 | -15.19 | 49.31 | 0.49 | 71.00 | 20.32 | 29.68 | -41.38 |
| 2016 (3) | 6.03 | -10.0 | 7.44 | 16.07 | 60.57 | 11.14 | 49.07 | -13.81 | 59.01 | 12.36 | 50.63 | -14.07 |
| 2015 (2) | 6.70 | 10.2 | 6.41 | 16.33 | 54.50 | -9.24 | 56.93 | -14.04 | 52.52 | -32.19 | 58.92 | 20.66 |
| 2014 (1) | 6.08 | -12.39 | 5.51 | -28.53 | 60.05 | 14.25 | 66.23 | 39.93 | 77.45 | 12.85 | 48.83 | 56.26 |
