- 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) | 0.89 | 1.14 | -2.2 | 1.17 | 3.54 | 2.63 | 101.83 | -1.92 | 1.6 | 77.96 | -3.07 | -2.6 | 91.15 | -3.62 | -7.73 | 88.64 | -1.16 | 8.79 |
| 23Q3 (19) | 0.88 | -3.3 | -5.38 | 1.13 | -5.04 | -3.42 | 103.82 | 3.84 | 6.43 | 80.43 | 5.43 | 3.54 | 94.57 | -0.15 | -4.66 | 89.68 | 9.97 | 17.95 |
| 23Q2 (18) | 0.91 | 0.0 | 3.41 | 1.19 | 0.85 | 15.53 | 99.98 | -0.38 | -3.73 | 76.29 | -1.18 | -14.0 | 94.71 | 0.3 | -17.06 | 81.55 | -1.9 | 4.04 |
| 23Q1 (17) | 0.91 | 0.0 | 0.0 | 1.18 | 3.51 | 10.28 | 100.36 | 0.13 | 0.72 | 77.20 | -3.55 | -8.88 | 94.43 | -4.41 | -8.78 | 83.13 | 2.03 | 2.83 |
| 22Q4 (16) | 0.91 | -2.15 | -8.08 | 1.14 | -2.56 | 16.33 | 100.23 | 2.75 | 9.4 | 80.04 | 3.04 | -13.68 | 98.79 | -0.4 | -1.96 | 81.48 | 7.17 | -2.52 |
| 22Q3 (15) | 0.93 | 5.68 | 4.49 | 1.17 | 13.59 | 28.57 | 97.55 | -6.07 | -4.78 | 77.68 | -12.43 | -21.92 | 99.19 | -13.14 | -9.79 | 76.03 | -3.0 | -17.36 |
| 22Q2 (14) | 0.88 | -3.3 | 1.15 | 1.03 | -3.74 | -0.96 | 103.85 | 4.23 | -0.84 | 88.71 | 4.71 | 1.38 | 114.19 | 10.31 | 7.99 | 78.38 | -3.04 | -9.37 |
| 22Q1 (13) | 0.91 | -8.08 | 13.75 | 1.07 | 9.18 | -6.96 | 99.64 | 8.75 | -12.34 | 84.72 | -8.64 | 7.2 | 103.52 | 2.73 | 2.81 | 80.84 | -3.29 | -12.12 |
| 21Q4 (12) | 0.99 | 11.24 | 1.02 | 0.98 | 7.69 | -28.99 | 91.62 | -10.57 | -1.0 | 92.73 | -6.79 | 41.03 | 100.77 | -8.35 | 23.45 | 83.59 | -9.14 | 9.03 |
| 21Q3 (11) | 0.89 | 2.3 | -4.3 | 0.91 | -12.5 | -34.53 | 102.45 | -2.18 | 4.51 | 99.49 | 13.7 | 52.1 | 109.95 | 3.98 | 31.16 | 92.00 | 6.38 | 15.56 |
| 21Q2 (10) | 0.87 | 8.75 | 24.29 | 1.04 | -9.57 | -20.61 | 104.73 | -7.86 | -19.67 | 87.50 | 10.72 | 25.95 | 105.74 | 5.02 | 0.47 | 86.48 | -5.99 | -8.58 |
| 21Q1 (9) | 0.80 | -18.37 | 9.59 | 1.15 | -16.67 | -18.44 | 113.66 | 22.81 | -9.03 | 79.03 | 20.2 | 22.41 | 100.69 | 23.35 | -0.96 | 91.99 | 19.98 | 4.72 |
| 20Q4 (8) | 0.98 | 5.38 | 15.29 | 1.38 | -0.72 | -13.75 | 92.55 | -5.59 | -13.9 | 65.75 | 0.52 | 15.94 | 81.63 | -2.62 | -5.51 | 76.67 | -3.69 | -1.47 |
| 20Q3 (7) | 0.93 | 32.86 | 34.78 | 1.39 | 6.11 | -16.27 | 98.03 | -24.81 | -25.51 | 65.41 | -5.84 | 19.14 | 83.83 | -20.35 | -3.04 | 79.61 | -15.85 | -20.43 |
| 20Q2 (6) | 0.70 | -4.11 | 75.0 | 1.31 | -7.09 | -13.82 | 130.38 | 4.35 | -43.34 | 69.47 | 7.61 | 16.25 | 105.25 | 3.52 | 0.58 | 94.60 | 7.7 | -48.92 |
| 20Q1 (5) | 0.73 | -14.12 | 19.67 | 1.41 | -11.88 | -20.34 | 124.94 | 16.23 | -15.8 | 64.56 | 13.84 | 25.85 | 101.67 | 17.69 | 0.06 | 87.84 | 12.89 | -10.43 |
| 19Q4 (4) | 0.85 | 23.19 | 0.0 | 1.60 | -3.61 | 0.0 | 107.49 | -18.33 | 0.0 | 56.71 | 3.3 | 0.0 | 86.39 | -0.08 | 0.0 | 77.81 | -22.23 | 0.0 |
| 19Q3 (3) | 0.69 | 72.5 | 0.0 | 1.66 | 9.21 | 0.0 | 131.61 | -42.8 | 0.0 | 54.90 | -8.13 | 0.0 | 86.46 | -17.37 | 0.0 | 100.05 | -45.98 | 0.0 |
| 19Q2 (2) | 0.40 | -34.43 | 0.0 | 1.52 | -14.12 | 0.0 | 230.09 | 55.07 | 0.0 | 59.76 | 16.49 | 0.0 | 104.64 | 2.98 | 0.0 | 185.21 | 88.85 | 0.0 |
| 19Q1 (1) | 0.61 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 148.38 | 0.0 | 0.0 | 51.30 | 0.0 | 0.0 | 101.61 | 0.0 | 0.0 | 98.07 | 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) | 3.62 | 4.62 | 4.57 | 11.19 | 100.85 | -4.42 | 79.89 | -10.15 | 94.58 | -7.23 | 86.16 | -6.82 |
| 2022 (9) | 3.46 | 9.49 | 4.11 | 4.31 | 105.51 | -8.63 | 88.91 | -4.02 | 101.95 | -6.94 | 92.47 | -6.17 |
| 2021 (8) | 3.16 | 15.33 | 3.94 | -13.6 | 115.47 | -13.45 | 92.63 | 15.82 | 109.55 | -2.2 | 98.55 | -2.79 |
| 2020 (7) | 2.74 | 29.86 | 4.56 | -27.16 | 133.41 | -22.84 | 79.98 | 37.23 | 112.01 | 2.46 | 101.38 | -16.81 |
| 2019 (6) | 2.11 | -26.99 | 6.26 | -9.41 | 172.90 | 37.08 | 58.28 | 10.25 | 109.32 | 24.31 | 121.87 | 33.85 |
| 2018 (5) | 2.89 | -1.37 | 6.91 | 14.98 | 126.13 | 1.11 | 52.86 | -12.97 | 87.94 | 4.05 | 91.05 | -9.82 |
| 2017 (4) | 2.93 | -2.66 | 6.01 | -20.82 | 124.75 | 2.84 | 60.74 | 26.25 | 84.52 | 8.78 | 100.97 | 10.1 |
| 2016 (3) | 3.01 | -3.22 | 7.59 | -20.36 | 121.30 | 3.35 | 48.11 | 25.55 | 77.70 | 14.2 | 91.71 | 4.64 |
| 2015 (2) | 3.11 | 41.36 | 9.53 | -13.44 | 117.37 | -29.29 | 38.32 | 15.6 | 68.04 | -5.3 | 87.64 | -31.14 |
| 2014 (1) | 2.20 | -23.08 | 11.01 | -11.99 | 165.98 | 29.85 | 33.15 | 13.57 | 71.85 | 15.91 | 127.27 | 33.95 |
