- 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) | 1.59 | -14.52 | 18.66 | 1.30 | 49.43 | 3.17 | 57.27 | 16.93 | -15.53 | 69.96 | -32.99 | -2.87 | 59.17 | 15.05 | 19.95 | 68.06 | -33.25 | -24.8 |
| 23Q3 (19) | 1.86 | 210.0 | 30.99 | 0.87 | 107.14 | 16.0 | 48.98 | -67.47 | -23.6 | 104.41 | -52.05 | -14.09 | 51.43 | -59.66 | -1.63 | 101.96 | -57.67 | -23.54 |
| 23Q2 (18) | 0.60 | -16.67 | -29.41 | 0.42 | -54.35 | 13.51 | 150.59 | 18.88 | 40.37 | 217.76 | 119.38 | -11.83 | 127.50 | 46.62 | 42.84 | 240.86 | 73.33 | -9.11 |
| 23Q1 (17) | 0.72 | -46.27 | -14.29 | 0.92 | -26.98 | 95.74 | 126.67 | 86.83 | 16.89 | 99.26 | 37.8 | -48.71 | 86.96 | 76.28 | 11.83 | 138.96 | 53.55 | -38.01 |
| 22Q4 (16) | 1.34 | -5.63 | 26.42 | 1.26 | 68.0 | 96.88 | 67.80 | 5.76 | -20.77 | 72.03 | -40.73 | -49.72 | 49.33 | -5.64 | -35.56 | 90.50 | -32.13 | -40.57 |
| 22Q3 (15) | 1.42 | 67.06 | -29.7 | 0.75 | 102.7 | -33.04 | 64.11 | -40.24 | 42.28 | 121.53 | -50.79 | 50.04 | 52.28 | -41.43 | 16.13 | 133.35 | -49.68 | 64.55 |
| 22Q2 (14) | 0.85 | 1.19 | -12.37 | 0.37 | -21.28 | -21.28 | 107.28 | -1.01 | 13.86 | 246.98 | 27.62 | 28.17 | 89.26 | 14.79 | 4.83 | 265.00 | 18.22 | 31.34 |
| 22Q1 (13) | 0.84 | -20.75 | 2.44 | 0.47 | -26.56 | 6.82 | 108.37 | 26.64 | -1.79 | 193.53 | 35.09 | -5.7 | 77.76 | 1.58 | -30.12 | 224.15 | 47.2 | 9.72 |
| 21Q4 (12) | 1.06 | -47.52 | -34.97 | 0.64 | -42.86 | -26.44 | 85.57 | 89.9 | 53.24 | 143.26 | 76.86 | 36.23 | 76.55 | 70.04 | 21.12 | 152.28 | 87.91 | 55.71 |
| 21Q3 (11) | 2.02 | 108.25 | 77.19 | 1.12 | 138.3 | 103.64 | 45.06 | -52.18 | -43.6 | 81.00 | -57.97 | -51.39 | 45.02 | -47.13 | -49.11 | 81.04 | -59.83 | -48.73 |
| 21Q2 (10) | 0.97 | 18.29 | -9.35 | 0.47 | 6.82 | -17.54 | 94.22 | -14.61 | 10.63 | 192.70 | -6.1 | 21.39 | 85.15 | -23.47 | -12.12 | 201.76 | -1.24 | 37.22 |
| 21Q1 (9) | 0.82 | -49.69 | 7.89 | 0.44 | -49.43 | -33.33 | 110.34 | 97.6 | -8.29 | 205.22 | 95.15 | 48.56 | 111.27 | 76.06 | 3.61 | 204.29 | 108.89 | 35.24 |
| 20Q4 (8) | 1.63 | 42.98 | 20.74 | 0.87 | 58.18 | -33.08 | 55.84 | -30.11 | -17.08 | 105.16 | -36.89 | 50.53 | 63.20 | -28.56 | 9.4 | 97.80 | -38.13 | 23.11 |
| 20Q3 (7) | 1.14 | 6.54 | -7.32 | 0.55 | -3.51 | -29.49 | 79.90 | -6.19 | 7.61 | 166.64 | 4.97 | 43.47 | 88.46 | -8.7 | 1.51 | 158.08 | 7.52 | 53.09 |
| 20Q2 (6) | 1.07 | 40.79 | 20.22 | 0.57 | -13.64 | -10.94 | 85.17 | -29.21 | -16.94 | 158.75 | 14.92 | 11.57 | 96.89 | -9.78 | -11.61 | 147.03 | -2.67 | 8.73 |
| 20Q1 (5) | 0.76 | -43.7 | 26.67 | 0.66 | -49.23 | -26.67 | 120.32 | 78.68 | -21.09 | 138.14 | 97.74 | 36.0 | 107.39 | 85.89 | -5.27 | 151.06 | 90.16 | 7.39 |
| 19Q4 (4) | 1.35 | 9.76 | 0.0 | 1.30 | 66.67 | 0.0 | 67.34 | -9.31 | 0.0 | 69.86 | -39.85 | 0.0 | 57.77 | -33.7 | 0.0 | 79.44 | -23.07 | 0.0 |
| 19Q3 (3) | 1.23 | 38.2 | 0.0 | 0.78 | 21.88 | 0.0 | 74.25 | -27.59 | 0.0 | 116.15 | -18.37 | 0.0 | 87.14 | -20.51 | 0.0 | 103.26 | -23.64 | 0.0 |
| 19Q2 (2) | 0.89 | 48.33 | 0.0 | 0.64 | -28.89 | 0.0 | 102.54 | -32.75 | 0.0 | 142.29 | 40.09 | 0.0 | 109.62 | -3.31 | 0.0 | 135.22 | -3.87 | 0.0 |
| 19Q1 (1) | 0.60 | 0.0 | 0.0 | 0.90 | 0.0 | 0.0 | 152.47 | 0.0 | 0.0 | 101.57 | 0.0 | 0.0 | 113.37 | 0.0 | 0.0 | 140.67 | 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) | 3.16 | -11.98 | 3.71 | 14.86 | 115.49 | 13.45 | 98.48 | -12.93 | 97.44 | 40.81 | 116.53 | -20.02 |
| 2022 (9) | 3.59 | -25.98 | 3.23 | 11.0 | 101.80 | 35.23 | 113.11 | -9.97 | 69.20 | 4.26 | 145.70 | 8.29 |
| 2021 (8) | 4.85 | 53.48 | 2.91 | 3.56 | 75.28 | -34.81 | 125.64 | -3.43 | 66.37 | -31.76 | 134.55 | -9.28 |
| 2020 (7) | 3.16 | 13.26 | 2.81 | -33.88 | 115.47 | -11.88 | 130.10 | 51.47 | 97.26 | 8.62 | 148.32 | 16.45 |
| 2019 (6) | 2.79 | -11.43 | 4.25 | -4.06 | 131.03 | 13.09 | 85.89 | 4.29 | 89.54 | -13.77 | 127.37 | 34.95 |
| 2018 (5) | 3.15 | -5.12 | 4.43 | 17.2 | 115.86 | 5.5 | 82.36 | -14.66 | 103.84 | -17.54 | 94.38 | 17.39 |
| 2017 (4) | 3.32 | -21.88 | 3.78 | -5.03 | 109.82 | 27.82 | 96.51 | 5.35 | 125.93 | 44.2 | 80.40 | -10.87 |
| 2016 (3) | 4.25 | -7.61 | 3.98 | 76.89 | 85.92 | 8.28 | 91.61 | -43.5 | 87.33 | -7.85 | 90.21 | -38.51 |
| 2015 (2) | 4.60 | 49.84 | 2.25 | -9.27 | 79.35 | -33.24 | 162.14 | 10.12 | 94.77 | -30.36 | 146.71 | 12.83 |
| 2014 (1) | 3.07 | -27.08 | 2.48 | -41.92 | 118.86 | 37.22 | 147.24 | 72.11 | 136.08 | 31.25 | 130.03 | 89.85 |
