- 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) | 0.80 | 3.9 | -6.98 | 0.99 | 15.12 | 4.21 | 113.97 | -3.3 | 7.8 | 92.36 | -12.31 | -3.68 | 83.21 | -15.32 | -3.64 | 123.12 | -1.44 | 6.81 |
| 23Q3 (19) | 0.77 | -9.41 | -1.28 | 0.86 | 3.61 | 0.0 | 117.86 | 10.21 | 0.61 | 105.32 | -4.31 | -0.66 | 98.26 | -13.02 | 24.62 | 124.92 | 20.07 | -13.44 |
| 23Q2 (18) | 0.85 | -3.41 | 21.43 | 0.83 | -3.49 | 12.16 | 106.94 | 3.8 | -17.63 | 110.06 | 3.61 | -10.47 | 112.97 | 2.92 | 22.73 | 104.04 | 4.55 | -35.27 |
| 23Q1 (17) | 0.88 | 2.33 | 17.33 | 0.86 | -9.47 | 8.86 | 103.03 | -2.54 | -14.86 | 106.23 | 10.78 | -7.49 | 109.76 | 27.11 | 16.38 | 99.51 | -13.67 | -29.68 |
| 22Q4 (16) | 0.86 | 10.26 | 14.67 | 0.95 | 10.47 | 18.75 | 105.72 | -9.75 | -13.32 | 95.89 | -9.55 | -16.17 | 86.35 | 9.51 | -22.52 | 115.27 | -20.12 | -7.72 |
| 22Q3 (15) | 0.78 | 11.43 | -9.3 | 0.86 | 16.22 | -13.13 | 117.14 | -9.77 | 10.13 | 106.02 | -13.76 | 15.62 | 78.85 | -14.34 | -26.95 | 144.31 | -10.21 | 60.11 |
| 22Q2 (14) | 0.70 | -6.67 | -17.65 | 0.74 | -6.33 | -32.73 | 129.83 | 7.29 | 21.43 | 122.93 | 7.05 | 48.5 | 92.05 | -2.4 | -16.43 | 160.72 | 13.57 | 102.04 |
| 22Q1 (13) | 0.75 | 0.0 | -16.67 | 0.79 | -1.25 | -37.3 | 121.01 | -0.79 | 19.76 | 114.83 | 0.38 | 59.53 | 94.31 | -15.38 | -4.52 | 141.52 | 13.3 | 90.6 |
| 21Q4 (12) | 0.75 | -12.79 | -12.79 | 0.80 | -19.19 | -39.85 | 121.97 | 14.67 | 15.03 | 114.39 | 24.74 | 66.97 | 111.45 | 3.25 | 27.6 | 124.91 | 38.59 | 43.26 |
| 21Q3 (11) | 0.86 | 1.18 | 11.69 | 0.99 | -10.0 | -26.67 | 106.37 | -0.51 | -10.31 | 91.70 | 10.78 | 35.69 | 107.94 | -2.01 | 17.63 | 90.13 | 13.3 | -4.54 |
| 21Q2 (10) | 0.85 | -5.56 | -4.49 | 1.10 | -12.7 | -25.17 | 106.92 | 5.82 | 4.55 | 82.78 | 15.0 | 34.01 | 110.15 | 11.52 | 20.9 | 79.55 | 7.14 | 9.08 |
| 21Q1 (9) | 0.90 | 4.65 | 12.5 | 1.26 | -5.26 | -14.86 | 101.04 | -4.71 | -11.39 | 71.98 | 5.06 | 17.38 | 98.77 | 13.09 | 3.28 | 74.25 | -14.84 | -6.85 |
| 20Q4 (8) | 0.86 | 11.69 | 4.88 | 1.33 | -1.48 | -28.49 | 106.03 | -10.6 | -4.67 | 68.51 | 1.38 | 39.99 | 87.34 | -4.82 | 10.88 | 87.19 | -7.66 | 7.13 |
| 20Q3 (7) | 0.77 | -13.48 | 2.67 | 1.35 | -8.16 | -24.16 | 118.60 | 15.97 | -2.83 | 67.58 | 9.41 | 32.51 | 91.76 | 0.71 | 14.83 | 94.42 | 29.47 | 1.37 |
| 20Q2 (6) | 0.89 | 11.25 | 12.66 | 1.47 | -0.68 | -17.42 | 102.27 | -10.31 | -10.84 | 61.77 | 0.73 | 20.83 | 91.11 | -4.73 | 21.76 | 72.93 | -8.51 | -19.85 |
| 20Q1 (5) | 0.80 | -2.44 | 5.26 | 1.48 | -20.43 | -3.9 | 114.03 | 2.53 | -5.29 | 61.32 | 25.3 | 4.0 | 95.63 | 21.4 | 20.96 | 79.71 | -2.06 | -20.53 |
| 19Q4 (4) | 0.82 | 9.33 | 0.0 | 1.86 | 4.49 | 0.0 | 111.22 | -8.87 | 0.0 | 48.94 | -4.04 | 0.0 | 78.77 | -1.43 | 0.0 | 81.39 | -12.62 | 0.0 |
| 19Q3 (3) | 0.75 | -5.06 | 0.0 | 1.78 | 0.0 | 0.0 | 122.05 | 6.41 | 0.0 | 51.00 | -0.23 | 0.0 | 79.91 | 6.79 | 0.0 | 93.14 | 2.36 | 0.0 |
| 19Q2 (2) | 0.79 | 3.95 | 0.0 | 1.78 | 15.58 | 0.0 | 114.70 | -4.73 | 0.0 | 51.12 | -13.3 | 0.0 | 74.83 | -5.35 | 0.0 | 90.99 | -9.28 | 0.0 |
| 19Q1 (1) | 0.76 | 0.0 | 0.0 | 1.54 | 0.0 | 0.0 | 120.40 | 0.0 | 0.0 | 58.96 | 0.0 | 0.0 | 79.06 | 0.0 | 0.0 | 100.30 | 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) | 3.57 | 21.84 | 4.07 | 26.79 | 102.32 | -18.0 | 89.68 | -21.13 | 85.88 | -17.28 | 106.12 | -21.2 |
| 2022 (9) | 2.93 | -17.7 | 3.21 | -23.21 | 124.78 | 21.76 | 113.70 | 30.26 | 103.82 | 19.36 | 134.67 | 31.01 |
| 2021 (8) | 3.56 | 6.59 | 4.18 | -25.62 | 102.48 | -6.09 | 87.29 | 34.31 | 86.98 | -6.6 | 102.79 | 26.92 |
| 2020 (7) | 3.34 | 9.51 | 5.62 | -13.94 | 109.13 | -8.66 | 64.99 | 16.24 | 93.13 | 12.58 | 80.99 | -12.6 |
| 2019 (6) | 3.05 | -12.36 | 6.53 | 4.98 | 119.48 | 13.81 | 55.91 | -4.74 | 82.72 | 13.07 | 92.67 | 2.39 |
| 2018 (5) | 3.48 | 3.26 | 6.22 | 4.01 | 104.98 | -3.2 | 58.69 | -3.88 | 73.16 | -11.57 | 90.51 | 4.3 |
| 2017 (4) | 3.37 | 1.81 | 5.98 | -6.42 | 108.45 | -1.61 | 61.06 | 6.95 | 82.73 | -8.63 | 86.78 | 13.04 |
| 2016 (3) | 3.31 | 4.42 | 6.39 | -4.63 | 110.22 | -4.15 | 57.09 | 4.81 | 90.54 | 3.37 | 76.77 | -6.23 |
| 2015 (2) | 3.17 | -5.93 | 6.70 | -17.08 | 114.99 | 6.26 | 54.47 | 20.56 | 87.59 | 8.32 | 81.87 | 12.86 |
| 2014 (1) | 3.37 | 3.69 | 8.08 | -10.12 | 108.22 | -3.77 | 45.18 | 11.23 | 80.86 | -7.17 | 72.54 | 9.96 |
