- 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) | 1.99 | -18.11 | -24.05 | 1.58 | -26.85 | 13.67 | 45.73 | 22.24 | 31.67 | 57.71 | 36.95 | -11.61 | 16.80 | 90.91 | 51.22 | 86.64 | 22.46 | -2.55 |
| 23Q3 (19) | 2.43 | -12.59 | 16.27 | 2.16 | 8.0 | 21.35 | 37.41 | 14.26 | -14.26 | 42.14 | -7.4 | -17.58 | 8.80 | 55.48 | -50.73 | 70.75 | -2.55 | -8.0 |
| 23Q2 (18) | 2.78 | -7.02 | 21.93 | 2.00 | 30.72 | 11.73 | 32.74 | 7.66 | -17.97 | 45.51 | -23.55 | -10.31 | 5.66 | -25.82 | -76.21 | 72.60 | -11.8 | 8.59 |
| 23Q1 (17) | 2.99 | 14.12 | 52.55 | 1.53 | 10.07 | 21.43 | 30.41 | -12.44 | -34.45 | 59.53 | -8.82 | -17.83 | 7.63 | -31.32 | -74.45 | 82.31 | -7.42 | -7.5 |
| 22Q4 (16) | 2.62 | 25.36 | 24.17 | 1.39 | -21.91 | 17.8 | 34.73 | -20.4 | -19.53 | 65.29 | 27.69 | -15.34 | 11.11 | -37.79 | -57.95 | 88.91 | 15.62 | -5.27 |
| 22Q3 (15) | 2.09 | -8.33 | -6.28 | 1.78 | -0.56 | 39.06 | 43.63 | 9.32 | 6.86 | 51.13 | 0.77 | -28.24 | 17.86 | -24.93 | -50.22 | 76.90 | 15.02 | 0.92 |
| 22Q2 (14) | 2.28 | 16.33 | -3.8 | 1.79 | 42.06 | 35.61 | 39.91 | -13.97 | 4.01 | 50.74 | -29.97 | -26.14 | 23.79 | -20.33 | -43.59 | 66.86 | -24.86 | 3.02 |
| 22Q1 (13) | 1.96 | -7.11 | -7.98 | 1.26 | 6.78 | 9.57 | 46.39 | 7.48 | 8.51 | 72.45 | -6.06 | -8.6 | 29.86 | 13.02 | -30.48 | 88.98 | -5.2 | 12.52 |
| 21Q4 (12) | 2.11 | -5.38 | 23.39 | 1.18 | -7.81 | -16.31 | 43.16 | 5.71 | -19.09 | 77.12 | 8.24 | 19.6 | 26.42 | -26.37 | -47.9 | 93.86 | 23.18 | 39.86 |
| 21Q3 (11) | 2.23 | -5.91 | 9.85 | 1.28 | -3.03 | -36.95 | 40.83 | 6.41 | -8.94 | 71.25 | 3.71 | 58.69 | 35.88 | -14.92 | -16.83 | 76.20 | 17.41 | 63.55 |
| 21Q2 (10) | 2.37 | 11.27 | 19.1 | 1.32 | 14.78 | -0.75 | 38.37 | -10.25 | -16.09 | 68.70 | -13.33 | 0.59 | 42.17 | -1.82 | -19.46 | 64.90 | -17.93 | 5.24 |
| 21Q1 (9) | 2.13 | 24.56 | 39.22 | 1.15 | -18.44 | 3.6 | 42.75 | -19.85 | -28.02 | 79.27 | 22.94 | -3.16 | 42.95 | -15.3 | -33.3 | 79.08 | 17.84 | 2.9 |
| 20Q4 (8) | 1.71 | -15.76 | 4.27 | 1.41 | -30.54 | -15.57 | 53.34 | 18.96 | -3.94 | 64.48 | 43.61 | 18.2 | 50.71 | 17.55 | -4.7 | 67.11 | 44.04 | 18.01 |
| 20Q3 (7) | 2.03 | 2.01 | 15.34 | 2.03 | 52.63 | -2.87 | 44.84 | -1.95 | -13.5 | 44.90 | -34.26 | 3.17 | 43.14 | -17.61 | -15.06 | 46.59 | -24.45 | 4.51 |
| 20Q2 (6) | 1.99 | 30.07 | 0.0 | 1.33 | 19.82 | -39.27 | 45.73 | -23.0 | 0.24 | 68.30 | -16.56 | 64.26 | 52.36 | -18.68 | 19.33 | 61.67 | -19.75 | 42.33 |
| 20Q1 (5) | 1.53 | -6.71 | -26.44 | 1.11 | -33.53 | -38.33 | 59.39 | 6.95 | 36.03 | 81.86 | 50.06 | 61.75 | 64.39 | 21.01 | 75.64 | 76.85 | 35.13 | 33.42 |
| 19Q4 (4) | 1.64 | -6.82 | 0.0 | 1.67 | -20.1 | 0.0 | 55.53 | 7.12 | 0.0 | 54.55 | 25.34 | 0.0 | 53.21 | 4.76 | 0.0 | 56.87 | 27.57 | 0.0 |
| 19Q3 (3) | 1.76 | -11.56 | 0.0 | 2.09 | -4.57 | 0.0 | 51.84 | 13.63 | 0.0 | 43.52 | 4.67 | 0.0 | 50.79 | 15.75 | 0.0 | 44.58 | 2.88 | 0.0 |
| 19Q2 (2) | 1.99 | -4.33 | 0.0 | 2.19 | 21.67 | 0.0 | 45.62 | 4.49 | 0.0 | 41.58 | -17.84 | 0.0 | 43.88 | 19.69 | 0.0 | 43.33 | -24.77 | 0.0 |
| 19Q1 (1) | 2.08 | 0.0 | 0.0 | 1.80 | 0.0 | 0.0 | 43.66 | 0.0 | 0.0 | 50.61 | 0.0 | 0.0 | 36.66 | 0.0 | 0.0 | 57.60 | 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) | 9.04 | 0.44 | 4.46 | 7.73 | 40.36 | -0.49 | 81.88 | -7.02 | 15.05 | -28.64 | 107.19 | -0.33 |
| 2022 (9) | 9.00 | 13.49 | 4.14 | -3.72 | 40.56 | -11.9 | 88.06 | 3.62 | 21.09 | -40.51 | 107.54 | 12.52 |
| 2021 (8) | 7.93 | 9.08 | 4.30 | -17.78 | 46.04 | -8.34 | 84.98 | 21.78 | 35.45 | -24.19 | 95.57 | 30.45 |
| 2020 (7) | 7.27 | -6.44 | 5.23 | -19.41 | 50.23 | 6.9 | 69.78 | 24.05 | 46.76 | 16.64 | 73.26 | 16.01 |
| 2019 (6) | 7.77 | -9.12 | 6.49 | 28.26 | 46.99 | 10.05 | 56.25 | -22.08 | 40.09 | 15.04 | 63.15 | -21.1 |
| 2018 (5) | 8.55 | -2.73 | 5.06 | 14.22 | 42.70 | 2.79 | 72.19 | -12.39 | 34.85 | 7.93 | 80.04 | -12.67 |
| 2017 (4) | 8.79 | -12.8 | 4.43 | -34.27 | 41.54 | 14.69 | 82.40 | 52.09 | 32.29 | 36.36 | 91.65 | 37.37 |
| 2016 (3) | 10.08 | -2.51 | 6.74 | -44.34 | 36.22 | 2.58 | 54.18 | 79.7 | 23.68 | -18.93 | 66.72 | 84.06 |
| 2015 (2) | 10.34 | 10.94 | 12.11 | 30.92 | 35.31 | -9.85 | 30.15 | -23.61 | 29.21 | -16.04 | 36.25 | -17.33 |
| 2014 (1) | 9.32 | 12.56 | 9.25 | 90.72 | 39.17 | -11.12 | 39.47 | -47.52 | 34.79 | -24.78 | 43.85 | -39.96 |
