- 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) | 1.07 | -1.83 | 3.88 | 1.73 | 9.49 | 30.08 | 84.67 | 1.52 | -4.62 | 52.68 | -8.33 | -23.08 | 85.08 | -0.01 | -4.31 | 52.27 | -6.28 | -23.53 |
| 23Q3 (19) | 1.09 | 10.1 | 1.87 | 1.58 | 15.33 | 41.07 | 83.40 | -8.99 | -2.07 | 57.47 | -13.49 | -29.01 | 85.09 | -8.73 | -6.82 | 55.77 | -13.99 | -25.42 |
| 23Q2 (18) | 0.99 | 1.02 | -10.81 | 1.37 | 0.0 | 41.24 | 91.64 | -1.06 | 11.28 | 66.43 | 0.35 | -28.85 | 93.23 | 0.38 | -4.06 | 64.84 | -1.67 | -17.43 |
| 23Q1 (17) | 0.98 | -4.85 | 3.16 | 1.37 | 3.01 | 57.47 | 92.62 | 4.34 | -3.81 | 66.20 | -3.34 | -36.43 | 92.88 | 4.47 | -15.56 | 65.94 | -3.53 | -27.07 |
| 22Q4 (16) | 1.03 | -3.74 | 1.98 | 1.33 | 18.75 | 29.13 | 88.77 | 4.24 | -1.6 | 68.49 | -15.39 | -22.53 | 88.91 | -2.64 | -15.65 | 68.35 | -8.6 | -6.65 |
| 22Q3 (15) | 1.07 | -3.6 | 0.94 | 1.12 | 15.46 | -0.88 | 85.16 | 3.41 | -0.94 | 80.95 | -13.3 | 0.19 | 91.32 | -6.03 | -12.8 | 74.78 | -4.78 | 20.52 |
| 22Q2 (14) | 1.11 | 16.84 | 8.82 | 0.97 | 11.49 | -17.09 | 82.35 | -14.48 | -7.74 | 93.37 | -10.33 | 19.69 | 97.18 | -11.65 | -0.69 | 78.53 | -13.15 | 13.14 |
| 22Q1 (13) | 0.95 | -5.94 | 10.47 | 0.87 | -15.53 | -24.35 | 96.29 | 6.74 | -8.89 | 104.13 | 17.78 | 31.25 | 109.99 | 4.35 | 14.26 | 90.42 | 23.49 | 1.87 |
| 21Q4 (12) | 1.01 | -4.72 | -1.94 | 1.03 | -8.85 | -21.37 | 90.21 | 4.93 | 1.66 | 88.41 | 9.42 | 26.97 | 105.40 | 0.65 | 42.03 | 73.22 | 18.0 | -13.0 |
| 21Q3 (11) | 1.06 | 3.92 | -7.02 | 1.13 | -3.42 | 1.8 | 85.97 | -3.69 | 7.34 | 80.80 | 3.58 | -1.16 | 104.72 | 7.01 | 36.67 | 62.05 | -10.6 | -27.19 |
| 21Q2 (10) | 1.02 | 18.6 | -15.0 | 1.17 | 1.74 | 19.39 | 89.26 | -15.54 | 17.4 | 78.01 | -1.68 | -16.14 | 97.86 | 1.66 | 19.77 | 69.41 | -21.8 | -20.53 |
| 21Q1 (9) | 0.86 | -16.5 | 7.5 | 1.15 | -12.21 | 47.44 | 105.68 | 19.09 | -6.62 | 79.34 | 13.95 | -32.3 | 96.26 | 29.71 | -16.48 | 88.76 | 5.47 | -22.9 |
| 20Q4 (8) | 1.03 | -9.65 | 10.75 | 1.31 | 18.02 | 13.91 | 88.74 | 10.8 | -9.25 | 69.63 | -14.83 | -12.04 | 74.21 | -3.15 | -17.42 | 84.16 | -1.24 | -3.36 |
| 20Q3 (7) | 1.14 | -5.0 | 7.55 | 1.11 | 13.27 | -11.2 | 80.09 | 5.34 | -6.59 | 81.75 | -12.12 | 12.62 | 76.62 | -6.23 | -1.35 | 85.22 | -2.43 | 5.64 |
| 20Q2 (6) | 1.20 | 50.0 | 18.81 | 0.98 | 25.64 | -11.71 | 76.03 | -32.82 | -15.21 | 93.02 | -20.63 | 13.62 | 81.71 | -29.1 | 4.37 | 87.34 | -24.13 | -6.35 |
| 20Q1 (5) | 0.80 | -13.98 | 2.56 | 0.78 | -32.17 | -19.59 | 113.17 | 15.73 | -3.09 | 117.20 | 48.05 | 24.96 | 115.25 | 28.26 | 18.4 | 115.12 | 32.19 | 1.67 |
| 19Q4 (4) | 0.93 | -12.26 | 0.0 | 1.15 | -8.0 | 0.0 | 97.79 | 14.05 | 0.0 | 79.16 | 9.05 | 0.0 | 89.86 | 15.69 | 0.0 | 87.09 | 7.96 | 0.0 |
| 19Q3 (3) | 1.06 | 4.95 | 0.0 | 1.25 | 12.61 | 0.0 | 85.74 | -4.38 | 0.0 | 72.59 | -11.34 | 0.0 | 77.67 | -0.79 | 0.0 | 80.67 | -13.5 | 0.0 |
| 19Q2 (2) | 1.01 | 29.49 | 0.0 | 1.11 | 14.43 | 0.0 | 89.67 | -23.21 | 0.0 | 81.87 | -12.71 | 0.0 | 78.29 | -19.57 | 0.0 | 93.26 | -17.64 | 0.0 |
| 19Q1 (1) | 0.78 | 0.0 | 0.0 | 0.97 | 0.0 | 0.0 | 116.78 | 0.0 | 0.0 | 93.79 | 0.0 | 0.0 | 97.34 | 0.0 | 0.0 | 113.23 | 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) | 3.92 | 0.51 | 5.85 | 28.57 | 93.14 | -0.46 | 62.42 | -22.11 | 94.61 | -3.07 | 60.95 | -19.91 |
| 2022 (9) | 3.90 | 6.85 | 4.55 | 6.06 | 93.57 | -6.43 | 80.14 | -5.83 | 97.61 | 1.96 | 76.10 | -14.85 |
| 2021 (8) | 3.65 | 1.39 | 4.29 | -5.71 | 100.00 | -1.38 | 85.10 | 6.1 | 95.73 | 3.45 | 89.37 | 0.34 |
| 2020 (7) | 3.60 | 0.56 | 4.55 | 3.64 | 101.40 | -0.51 | 80.21 | -3.44 | 92.54 | -1.89 | 89.07 | -1.76 |
| 2019 (6) | 3.58 | 15.48 | 4.39 | -3.3 | 101.92 | -13.38 | 83.07 | 3.3 | 94.32 | 3.8 | 90.67 | -15.44 |
| 2018 (5) | 3.10 | -2.82 | 4.54 | -9.74 | 117.67 | 2.69 | 80.42 | 10.77 | 90.87 | 2.78 | 107.22 | 8.54 |
| 2017 (4) | 3.19 | -11.39 | 5.03 | -1.76 | 114.59 | 12.96 | 72.60 | 1.89 | 88.41 | 4.09 | 98.78 | 12.58 |
| 2016 (3) | 3.60 | -4.76 | 5.12 | -0.97 | 101.44 | 5.13 | 71.25 | 0.91 | 84.94 | 9.25 | 87.74 | -1.79 |
| 2015 (2) | 3.78 | 14.55 | 5.17 | 18.31 | 96.49 | -12.7 | 70.61 | -15.41 | 77.75 | -18.71 | 89.34 | -9.16 |
| 2014 (1) | 3.30 | -9.59 | 4.37 | -11.36 | 110.53 | 10.45 | 83.47 | 12.74 | 95.65 | 12.62 | 98.35 | 10.28 |
