- 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) | 1.17 | -3.31 | -5.65 | 0.95 | -8.65 | -13.64 | 77.67 | 2.9 | 5.67 | 95.37 | 8.99 | 15.7 | 62.58 | -1.32 | 1.02 | 110.46 | 10.94 | 17.54 |
| 23Q3 (19) | 1.21 | 7.08 | 21.0 | 1.04 | -1.89 | 5.05 | 75.48 | -6.17 | -17.33 | 87.50 | 1.47 | -4.34 | 63.42 | -3.88 | -13.5 | 99.57 | -1.11 | -9.04 |
| 23Q2 (18) | 1.13 | -5.83 | -8.87 | 1.06 | 0.0 | -0.93 | 80.44 | 6.36 | 9.79 | 86.23 | 0.05 | 1.72 | 65.98 | 4.37 | 3.58 | 100.69 | 2.12 | 6.73 |
| 23Q1 (17) | 1.20 | -3.23 | 18.81 | 1.06 | -3.64 | 32.5 | 75.63 | 2.9 | -16.26 | 86.19 | 4.56 | -24.51 | 63.22 | 2.05 | -23.7 | 98.60 | 4.92 | -18.93 |
| 22Q4 (16) | 1.24 | 24.0 | -4.62 | 1.10 | 11.11 | 25.0 | 73.50 | -19.5 | 4.9 | 82.43 | -9.88 | -20.23 | 61.95 | -15.51 | -10.05 | 93.98 | -14.14 | -10.1 |
| 22Q3 (15) | 1.00 | -19.35 | -12.28 | 0.99 | -7.48 | 45.59 | 91.30 | 24.61 | 14.81 | 91.47 | 7.9 | -31.71 | 73.32 | 15.1 | -16.33 | 109.46 | 16.03 | -13.02 |
| 22Q2 (14) | 1.24 | 22.77 | -4.62 | 1.07 | 33.75 | 15.05 | 73.27 | -18.87 | 4.57 | 84.77 | -25.75 | -13.42 | 63.70 | -23.12 | -18.09 | 94.34 | -22.44 | 4.58 |
| 22Q1 (13) | 1.01 | -22.31 | -5.61 | 0.80 | -9.09 | -29.82 | 90.31 | 28.89 | 5.92 | 114.17 | 10.48 | 42.87 | 82.86 | 20.31 | -5.35 | 121.63 | 16.35 | 56.7 |
| 21Q4 (12) | 1.30 | 14.04 | -12.16 | 0.88 | 29.41 | -47.93 | 70.07 | -11.88 | 14.29 | 103.34 | -22.85 | 91.55 | 68.87 | -21.41 | 12.75 | 104.54 | -16.93 | 92.95 |
| 21Q3 (11) | 1.14 | -12.31 | -40.0 | 0.68 | -26.88 | -51.08 | 79.52 | 13.49 | 66.26 | 133.95 | 36.81 | 104.57 | 87.63 | 12.68 | 91.42 | 125.84 | 39.5 | 86.35 |
| 21Q2 (10) | 1.30 | 21.5 | 38.3 | 0.93 | -18.42 | 38.81 | 70.07 | -17.82 | -27.71 | 97.91 | 22.53 | -27.52 | 77.77 | -11.16 | 6.75 | 90.21 | 16.22 | -43.33 |
| 21Q1 (9) | 1.07 | -27.7 | -6.14 | 1.14 | -32.54 | 7.55 | 85.26 | 39.06 | 6.91 | 79.91 | 48.12 | -7.24 | 87.54 | 43.32 | 43.58 | 77.62 | 43.26 | -26.03 |
| 20Q4 (8) | 1.48 | -22.11 | 12.12 | 1.69 | 21.58 | 34.13 | 61.31 | 28.18 | -11.11 | 53.95 | -17.61 | -25.4 | 61.08 | 33.42 | 12.26 | 54.18 | -19.77 | -37.65 |
| 20Q3 (7) | 1.90 | 102.13 | 33.8 | 1.39 | 107.46 | -0.71 | 47.83 | -50.66 | -25.39 | 65.48 | -51.53 | 0.43 | 45.78 | -37.16 | -5.08 | 67.53 | -57.58 | -16.71 |
| 20Q2 (6) | 0.94 | -17.54 | -18.97 | 0.67 | -36.79 | -45.53 | 96.93 | 21.54 | 23.15 | 135.09 | 56.81 | 81.96 | 72.85 | 19.48 | 38.71 | 159.18 | 51.7 | 58.5 |
| 20Q1 (5) | 1.14 | -13.64 | -5.0 | 1.06 | -15.87 | -19.7 | 79.75 | 15.63 | 5.1 | 86.15 | 19.12 | 25.18 | 60.97 | 12.06 | 28.76 | 104.93 | 20.76 | 7.78 |
| 19Q4 (4) | 1.32 | -7.04 | 0.0 | 1.26 | -10.0 | 0.0 | 68.97 | 7.58 | 0.0 | 72.32 | 10.92 | 0.0 | 54.41 | 12.81 | 0.0 | 86.89 | 7.17 | 0.0 |
| 19Q3 (3) | 1.42 | 22.41 | 0.0 | 1.40 | 13.82 | 0.0 | 64.11 | -18.55 | 0.0 | 65.20 | -12.18 | 0.0 | 48.23 | -8.17 | 0.0 | 81.08 | -19.27 | 0.0 |
| 19Q2 (2) | 1.16 | -3.33 | 0.0 | 1.23 | -6.82 | 0.0 | 78.71 | 3.73 | 0.0 | 74.24 | 7.88 | 0.0 | 52.52 | 10.92 | 0.0 | 100.43 | 3.15 | 0.0 |
| 19Q1 (1) | 1.20 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 75.88 | 0.0 | 0.0 | 68.82 | 0.0 | 0.0 | 47.35 | 0.0 | 0.0 | 97.36 | 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 | 10.25 | 4.35 | 9.57 | 69.29 | -9.29 | 83.85 | -8.82 | 53.52 | -16.92 | 99.62 | -4.15 |
| 2022 (9) | 4.78 | 21.01 | 3.97 | 1.28 | 76.39 | -17.34 | 91.96 | -1.29 | 64.42 | -26.36 | 103.93 | 5.96 |
| 2021 (8) | 3.95 | -1.0 | 3.92 | -22.07 | 92.41 | 1.12 | 93.16 | 28.48 | 87.48 | 12.08 | 98.08 | 14.23 |
| 2020 (7) | 3.99 | -17.39 | 5.03 | 1.0 | 91.39 | 20.97 | 72.51 | -1.04 | 78.05 | 52.65 | 85.86 | -12.11 |
| 2019 (6) | 4.83 | 29.49 | 4.98 | 10.42 | 75.55 | -22.71 | 73.27 | -9.54 | 51.13 | -10.11 | 97.69 | -19.84 |
| 2018 (5) | 3.73 | 10.68 | 4.51 | 1.35 | 97.75 | -9.87 | 81.00 | -1.17 | 56.88 | -2.85 | 121.87 | -7.58 |
| 2017 (4) | 3.37 | -24.94 | 4.45 | -13.59 | 108.46 | 33.41 | 81.96 | 15.6 | 58.55 | 14.27 | 131.87 | 30.62 |
| 2016 (3) | 4.49 | 5.65 | 5.15 | 2.18 | 81.30 | -5.34 | 70.90 | -2.1 | 51.24 | -11.69 | 100.96 | 0.67 |
| 2015 (2) | 4.25 | -1.39 | 5.04 | -8.86 | 85.89 | 1.54 | 72.42 | 9.64 | 58.02 | 0.22 | 100.29 | 8.12 |
| 2014 (1) | 4.31 | -15.66 | 5.53 | -9.05 | 84.59 | 18.34 | 66.05 | 10.03 | 57.89 | 14.86 | 92.76 | 14.38 |
