- 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) | 1.68 | 31.25 | 9.8 | 1.21 | 4.31 | 10.0 | 54.08 | -23.91 | -8.79 | 75.28 | -3.99 | -8.6 | 56.19 | -14.85 | -23.85 | 73.17 | -12.36 | 7.84 |
| 23Q3 (19) | 1.28 | -28.89 | -28.09 | 1.16 | -13.43 | -23.18 | 71.07 | 40.29 | 39.41 | 78.41 | 15.34 | 30.12 | 65.99 | 5.89 | 15.98 | 83.49 | 48.24 | 53.62 |
| 23Q2 (18) | 1.80 | -14.69 | 11.8 | 1.34 | 2.29 | 6.35 | 50.66 | 17.62 | -10.32 | 67.98 | -2.4 | -5.73 | 62.32 | 8.95 | 0.18 | 56.32 | 1.46 | -15.17 |
| 23Q1 (17) | 2.11 | 37.91 | 17.22 | 1.31 | 19.09 | 7.38 | 43.07 | -27.36 | -14.9 | 69.65 | -15.43 | -6.71 | 57.20 | -22.48 | -11.37 | 55.51 | -18.19 | -8.58 |
| 22Q4 (16) | 1.53 | -14.04 | 13.33 | 1.10 | -27.15 | 10.0 | 59.29 | 16.3 | -12.15 | 82.36 | 36.67 | -9.53 | 73.79 | 29.68 | -15.94 | 67.85 | 24.84 | -4.1 |
| 22Q3 (15) | 1.78 | 10.56 | 18.67 | 1.51 | 19.84 | -1.95 | 50.98 | -9.75 | -16.08 | 60.26 | -16.43 | 2.2 | 56.90 | -8.54 | -10.77 | 54.35 | -18.14 | -2.84 |
| 22Q2 (14) | 1.61 | -10.56 | 28.8 | 1.26 | 3.28 | -17.11 | 56.49 | 11.62 | -22.56 | 72.11 | -3.42 | 20.61 | 62.21 | -3.61 | 7.91 | 66.39 | 9.34 | -11.6 |
| 22Q1 (13) | 1.80 | 33.33 | 53.85 | 1.22 | 22.0 | -18.12 | 50.61 | -25.01 | -35.12 | 74.66 | -17.99 | 22.19 | 64.54 | -26.48 | 25.08 | 60.72 | -14.18 | -30.61 |
| 21Q4 (12) | 1.35 | -10.0 | 50.0 | 1.00 | -35.06 | -26.47 | 67.49 | 11.09 | -33.35 | 91.04 | 54.41 | 36.08 | 87.78 | 37.65 | 45.36 | 70.75 | 26.47 | -34.35 |
| 21Q3 (11) | 1.50 | 20.0 | -3.23 | 1.54 | 1.32 | -12.5 | 60.75 | -16.72 | 3.28 | 58.96 | -1.39 | 13.82 | 63.77 | 10.62 | 14.24 | 55.94 | -25.51 | 2.08 |
| 21Q2 (10) | 1.25 | 6.84 | -30.94 | 1.52 | 2.01 | 2.01 | 72.95 | -6.49 | 44.89 | 59.79 | -2.14 | -1.89 | 57.65 | 11.72 | -11.62 | 75.10 | -14.18 | 63.05 |
| 21Q1 (9) | 1.17 | 30.0 | -24.03 | 1.49 | 9.56 | 12.03 | 78.01 | -22.96 | 32.27 | 61.10 | -8.67 | -10.83 | 51.60 | -14.56 | -17.89 | 87.51 | -18.8 | 35.34 |
| 20Q4 (8) | 0.90 | -41.94 | -33.82 | 1.36 | -22.73 | -6.85 | 101.26 | 72.15 | 51.02 | 66.90 | 29.15 | 7.3 | 60.39 | 8.19 | 3.64 | 107.77 | 96.66 | 51.51 |
| 20Q3 (7) | 1.55 | -14.36 | 12.32 | 1.76 | 18.12 | 23.08 | 58.82 | 16.82 | -10.89 | 51.80 | -15.0 | -18.36 | 55.82 | -14.43 | -18.32 | 54.80 | 18.98 | -10.34 |
| 20Q2 (6) | 1.81 | 17.53 | 29.29 | 1.49 | 12.03 | -1.97 | 50.35 | -14.63 | -22.47 | 60.94 | -11.06 | 1.67 | 65.23 | 3.8 | -10.03 | 46.06 | -28.77 | -12.08 |
| 20Q1 (5) | 1.54 | 13.24 | 5.48 | 1.33 | -8.9 | -22.22 | 58.98 | -12.04 | -5.53 | 68.52 | 9.9 | 28.53 | 62.84 | 7.84 | -3.53 | 64.66 | -9.1 | 27.81 |
| 19Q4 (4) | 1.36 | -1.45 | 0.0 | 1.46 | 2.1 | 0.0 | 67.05 | 1.58 | 0.0 | 62.35 | -1.73 | 0.0 | 58.27 | -14.74 | 0.0 | 71.13 | 16.38 | 0.0 |
| 19Q3 (3) | 1.38 | -1.43 | 0.0 | 1.43 | -5.92 | 0.0 | 66.01 | 1.65 | 0.0 | 63.45 | 5.86 | 0.0 | 68.34 | -5.74 | 0.0 | 61.12 | 16.66 | 0.0 |
| 19Q2 (2) | 1.40 | -4.11 | 0.0 | 1.52 | -11.11 | 0.0 | 64.94 | 4.02 | 0.0 | 59.94 | 12.44 | 0.0 | 72.50 | 11.3 | 0.0 | 52.39 | 3.56 | 0.0 |
| 19Q1 (1) | 1.46 | 0.0 | 0.0 | 1.71 | 0.0 | 0.0 | 62.43 | 0.0 | 0.0 | 53.31 | 0.0 | 0.0 | 65.14 | 0.0 | 0.0 | 50.59 | 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) | 8.28 | -2.47 | 5.07 | 4.32 | 44.09 | 2.51 | 71.93 | -4.23 | 52.81 | -11.84 | 63.22 | 8.57 |
| 2022 (9) | 8.49 | 43.9 | 4.86 | 1.04 | 43.01 | -30.42 | 75.11 | -1.04 | 59.90 | -4.8 | 58.23 | -22.14 |
| 2021 (8) | 5.90 | -14.74 | 4.81 | -30.99 | 61.81 | 17.26 | 75.90 | 45.01 | 62.92 | 43.78 | 74.79 | 22.05 |
| 2020 (7) | 6.92 | 12.89 | 6.97 | 5.61 | 52.71 | -11.46 | 52.34 | -5.28 | 43.76 | -23.76 | 61.28 | 6.78 |
| 2019 (6) | 6.13 | -0.81 | 6.60 | 5.6 | 59.53 | 0.83 | 55.26 | -5.46 | 57.40 | -8.87 | 57.39 | 5.3 |
| 2018 (5) | 6.18 | -8.71 | 6.25 | -5.59 | 59.04 | 9.58 | 58.45 | 6.0 | 62.99 | 1.58 | 54.50 | 15.96 |
| 2017 (4) | 6.77 | 16.52 | 6.62 | -7.15 | 53.88 | -14.3 | 55.14 | 7.72 | 62.01 | -12.15 | 47.00 | 8.15 |
| 2016 (3) | 5.81 | 6.61 | 7.13 | -8.47 | 62.87 | -6.15 | 51.19 | 9.31 | 70.59 | 30.5 | 43.46 | -27.24 |
| 2015 (2) | 5.45 | -30.13 | 7.79 | -15.23 | 66.99 | 43.08 | 46.83 | 17.93 | 54.09 | 36.83 | 59.73 | 27.11 |
| 2014 (1) | 7.80 | 7.0 | 9.19 | 22.05 | 46.82 | -6.45 | 39.71 | -18.04 | 39.53 | -24.14 | 46.99 | 1.29 |
