- 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) | 0.98 | 2.08 | 18.07 | 1.52 | -7.32 | 38.18 | 92.62 | -1.82 | -15.95 | 59.96 | 8.25 | -27.85 | 79.64 | 15.69 | -29.27 | 72.94 | -9.84 | -9.6 |
| 23Q3 (19) | 0.96 | -22.58 | -11.93 | 1.64 | 13.1 | -2.96 | 94.34 | 28.48 | 12.51 | 55.39 | -11.86 | 3.07 | 68.84 | 33.62 | -14.88 | 80.90 | -4.54 | 42.61 |
| 23Q2 (18) | 1.24 | 37.78 | 1.64 | 1.45 | 68.6 | -3.33 | 73.43 | -27.2 | -1.94 | 62.84 | -40.83 | 3.76 | 51.52 | -44.45 | -32.56 | 84.75 | -25.87 | 43.52 |
| 23Q1 (17) | 0.90 | 8.43 | -5.26 | 0.86 | -21.82 | -28.33 | 100.87 | -8.46 | 5.77 | 106.21 | 27.81 | 39.88 | 92.75 | -17.63 | -9.45 | 114.33 | 41.69 | 66.01 |
| 22Q4 (16) | 0.83 | -23.85 | -27.19 | 1.10 | -34.91 | -29.94 | 110.19 | 31.41 | 37.51 | 83.10 | 54.63 | 43.05 | 112.60 | 39.24 | 22.6 | 80.69 | 42.24 | 74.01 |
| 22Q3 (15) | 1.09 | -10.66 | 9.0 | 1.69 | 12.67 | 3.05 | 83.85 | 11.98 | -7.77 | 53.74 | -11.26 | -3.41 | 80.87 | 5.86 | -22.08 | 56.73 | -3.93 | 32.64 |
| 22Q2 (14) | 1.22 | 28.42 | 12.96 | 1.50 | 25.0 | -36.17 | 74.88 | -21.48 | -10.83 | 60.56 | -20.24 | 56.45 | 76.39 | -25.42 | -11.55 | 59.05 | -14.26 | 62.58 |
| 22Q1 (13) | 0.95 | -16.67 | -18.1 | 1.20 | -23.57 | -51.81 | 95.37 | 19.02 | 21.71 | 75.93 | 30.71 | 107.52 | 102.43 | 11.53 | 29.35 | 68.87 | 48.52 | 92.59 |
| 21Q4 (12) | 1.14 | 14.0 | 14.0 | 1.57 | -4.27 | -25.94 | 80.13 | -11.86 | -11.55 | 58.09 | 4.4 | 35.38 | 91.84 | -11.51 | 0.73 | 46.37 | 8.42 | 9.52 |
| 21Q3 (11) | 1.00 | -7.41 | -25.93 | 1.64 | -30.21 | -36.43 | 90.91 | 8.26 | 34.58 | 55.64 | 43.74 | 57.98 | 103.78 | 20.16 | 66.82 | 42.77 | 17.76 | 5.45 |
| 21Q2 (10) | 1.08 | -6.9 | -14.29 | 2.35 | -5.62 | 62.07 | 83.97 | 7.16 | 16.43 | 38.71 | 5.79 | -38.18 | 86.37 | 9.07 | 10.62 | 36.32 | 1.57 | -35.9 |
| 21Q1 (9) | 1.16 | 16.0 | 61.11 | 2.49 | 17.45 | 99.2 | 78.36 | -13.5 | -38.12 | 36.59 | -14.73 | -49.83 | 79.19 | -13.14 | -36.86 | 35.76 | -15.54 | -51.78 |
| 20Q4 (8) | 1.00 | -25.93 | -4.76 | 2.12 | -17.83 | -11.67 | 90.59 | 34.11 | 4.38 | 42.91 | 21.83 | 13.4 | 91.17 | 46.55 | 3.72 | 42.34 | 4.39 | 15.27 |
| 20Q3 (7) | 1.35 | 7.14 | 16.38 | 2.58 | 77.93 | -6.52 | 67.55 | -6.34 | -14.19 | 35.22 | -43.76 | 6.89 | 62.21 | -20.33 | -21.92 | 40.56 | -28.42 | 26.79 |
| 20Q2 (6) | 1.26 | 75.0 | 8.62 | 1.45 | 16.0 | -44.66 | 72.12 | -43.05 | -7.75 | 62.62 | -14.14 | 80.05 | 78.08 | -37.74 | -3.98 | 56.66 | -23.6 | 79.13 |
| 20Q1 (5) | 0.72 | -31.43 | -15.29 | 1.25 | -47.92 | -45.18 | 126.64 | 45.92 | 18.29 | 72.93 | 92.73 | 82.55 | 125.41 | 42.67 | 15.13 | 74.16 | 101.91 | 94.75 |
| 19Q4 (4) | 1.05 | -9.48 | 0.0 | 2.40 | -13.04 | 0.0 | 86.79 | 10.25 | 0.0 | 37.84 | 14.84 | 0.0 | 87.90 | 10.33 | 0.0 | 36.73 | 14.82 | 0.0 |
| 19Q3 (3) | 1.16 | 0.0 | 0.0 | 2.76 | 5.34 | 0.0 | 78.72 | 0.69 | 0.0 | 32.95 | -5.26 | 0.0 | 79.67 | -2.03 | 0.0 | 31.99 | 1.14 | 0.0 |
| 19Q2 (2) | 1.16 | 36.47 | 0.0 | 2.62 | 14.91 | 0.0 | 78.18 | -26.98 | 0.0 | 34.78 | -12.94 | 0.0 | 81.32 | -25.35 | 0.0 | 31.63 | -16.94 | 0.0 |
| 19Q1 (1) | 0.85 | 0.0 | 0.0 | 2.28 | 0.0 | 0.0 | 107.06 | 0.0 | 0.0 | 39.95 | 0.0 | 0.0 | 108.93 | 0.0 | 0.0 | 38.08 | 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) | 4.32 | -10.74 | 4.80 | -11.76 | 84.47 | 12.01 | 76.08 | 13.33 | 86.72 | -0.1 | 73.83 | 32.48 |
| 2022 (9) | 4.84 | 1.04 | 5.44 | -26.29 | 75.41 | -1.11 | 67.13 | 35.67 | 86.81 | 2.43 | 55.73 | 35.96 |
| 2021 (8) | 4.79 | 39.24 | 7.38 | 5.13 | 76.26 | -28.23 | 49.48 | -4.85 | 84.75 | -23.7 | 40.99 | -13.14 |
| 2020 (7) | 3.44 | -6.01 | 7.02 | -29.09 | 106.25 | 6.46 | 52.00 | 41.0 | 111.07 | 9.85 | 47.19 | 32.67 |
| 2019 (6) | 3.66 | -2.92 | 9.90 | -20.1 | 99.80 | 2.96 | 36.88 | 25.23 | 101.11 | 2.65 | 35.57 | 27.58 |
| 2018 (5) | 3.77 | -8.27 | 12.39 | -8.43 | 96.93 | 9.14 | 29.45 | 9.15 | 98.50 | 9.61 | 27.88 | 7.52 |
| 2017 (4) | 4.11 | -4.86 | 13.53 | 27.76 | 88.81 | 5.03 | 26.98 | -21.75 | 89.86 | -5.09 | 25.93 | 6.44 |
| 2016 (3) | 4.32 | -14.29 | 10.59 | 0.47 | 84.56 | 16.7 | 34.48 | -0.46 | 94.68 | 7.31 | 24.36 | 29.03 |
| 2015 (2) | 5.04 | 0.0 | 10.54 | 23.42 | 72.46 | 0.11 | 34.64 | -18.93 | 88.23 | -1.57 | 18.88 | -25.87 |
| 2014 (1) | 5.04 | -15.86 | 8.54 | 20.45 | 72.38 | 18.73 | 42.73 | -17.01 | 89.64 | 43.47 | 25.47 | -49.03 |
