- 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) | 1.33 | -3.62 | -0.75 | 1.21 | 11.01 | 12.04 | 68.33 | 3.86 | 0.99 | 75.39 | -9.57 | -10.38 | 60.89 | -9.82 | -9.62 | 82.83 | 1.45 | -1.87 |
| 23Q3 (19) | 1.38 | 2.22 | 1.47 | 1.09 | 6.86 | -3.54 | 65.79 | -2.39 | -1.67 | 83.37 | -6.85 | 3.27 | 67.52 | 4.07 | 0.93 | 81.65 | -11.27 | 1.14 |
| 23Q2 (18) | 1.35 | 8.0 | 12.5 | 1.02 | 8.51 | -1.92 | 67.40 | -7.61 | -11.29 | 89.50 | -8.0 | 2.67 | 64.88 | -7.23 | -12.45 | 92.02 | -8.24 | 3.36 |
| 23Q1 (17) | 1.25 | -6.72 | 1.63 | 0.94 | -12.96 | -22.95 | 72.95 | 7.82 | -1.41 | 97.28 | 15.64 | 30.38 | 69.94 | 3.81 | 6.34 | 100.28 | 18.8 | 21.07 |
| 22Q4 (16) | 1.34 | -1.47 | 0.0 | 1.08 | -4.42 | -12.9 | 67.66 | 1.12 | -0.12 | 84.12 | 4.2 | 14.62 | 67.37 | 0.7 | 9.88 | 84.41 | 4.56 | 5.75 |
| 22Q3 (15) | 1.36 | 13.33 | -2.86 | 1.13 | 8.65 | 1.8 | 66.91 | -11.94 | 3.08 | 80.73 | -7.39 | -1.44 | 66.90 | -9.73 | -6.71 | 80.73 | -9.32 | 7.48 |
| 22Q2 (14) | 1.20 | -2.44 | -6.98 | 1.04 | -14.75 | -11.11 | 75.98 | 2.69 | 7.33 | 87.17 | 16.83 | 11.7 | 74.11 | 12.68 | -5.98 | 89.03 | 7.49 | 27.19 |
| 22Q1 (13) | 1.23 | -8.21 | 3.36 | 1.22 | -1.61 | -18.12 | 73.99 | 9.23 | -2.91 | 74.61 | 1.66 | 22.23 | 65.77 | 7.27 | -10.25 | 82.83 | 3.77 | 29.48 |
| 21Q4 (12) | 1.34 | -4.29 | 10.74 | 1.24 | 11.71 | -33.33 | 67.74 | 4.36 | -9.84 | 73.39 | -10.4 | 49.87 | 61.31 | -14.5 | -1.7 | 79.82 | 6.27 | 29.31 |
| 21Q3 (11) | 1.40 | 8.53 | 14.75 | 1.11 | -5.13 | -36.93 | 64.91 | -8.31 | -13.0 | 81.91 | 4.96 | 58.77 | 71.71 | -9.02 | 27.6 | 75.11 | 7.3 | 7.3 |
| 21Q2 (10) | 1.29 | 8.4 | 4.88 | 1.17 | -21.48 | -19.31 | 70.79 | -7.11 | -4.34 | 78.04 | 27.85 | 24.05 | 78.82 | 7.56 | 22.51 | 70.00 | 9.43 | -3.53 |
| 21Q1 (9) | 1.19 | -1.65 | 7.21 | 1.49 | -19.89 | 2.76 | 76.21 | 1.44 | -6.92 | 61.04 | 24.65 | -2.79 | 73.28 | 17.49 | -1.82 | 63.97 | 3.63 | -8.65 |
| 20Q4 (8) | 1.21 | -0.82 | -0.82 | 1.86 | 5.68 | -2.11 | 75.13 | 0.7 | 0.83 | 48.97 | -5.08 | 2.49 | 62.37 | 10.98 | -0.78 | 61.73 | -11.81 | 3.87 |
| 20Q3 (7) | 1.22 | -0.81 | -10.95 | 1.76 | 21.38 | -1.12 | 74.61 | 0.82 | 12.45 | 51.59 | -17.99 | 1.14 | 56.20 | -12.65 | -1.83 | 70.00 | -3.53 | 16.45 |
| 20Q2 (6) | 1.23 | 10.81 | -1.6 | 1.45 | 0.0 | 6.62 | 74.00 | -9.62 | 1.47 | 62.91 | 0.19 | -6.15 | 64.34 | -13.8 | 3.13 | 72.56 | 3.61 | -6.46 |
| 20Q1 (5) | 1.11 | -9.02 | -0.89 | 1.45 | -23.68 | 11.54 | 81.88 | 9.89 | 1.16 | 62.79 | 31.41 | -10.27 | 74.64 | 18.74 | 7.15 | 70.03 | 17.84 | -13.82 |
| 19Q4 (4) | 1.22 | -10.95 | 0.0 | 1.90 | 6.74 | 0.0 | 74.51 | 12.3 | 0.0 | 47.78 | -6.33 | 0.0 | 62.86 | 9.8 | 0.0 | 59.43 | -1.13 | 0.0 |
| 19Q3 (3) | 1.37 | 9.6 | 0.0 | 1.78 | 30.88 | 0.0 | 66.35 | -9.02 | 0.0 | 51.01 | -23.9 | 0.0 | 57.25 | -8.24 | 0.0 | 60.11 | -22.51 | 0.0 |
| 19Q2 (2) | 1.25 | 11.61 | 0.0 | 1.36 | 4.62 | 0.0 | 72.93 | -9.9 | 0.0 | 67.03 | -4.22 | 0.0 | 62.39 | -10.44 | 0.0 | 77.57 | -4.54 | 0.0 |
| 19Q1 (1) | 1.12 | 0.0 | 0.0 | 1.30 | 0.0 | 0.0 | 80.94 | 0.0 | 0.0 | 69.98 | 0.0 | 0.0 | 69.66 | 0.0 | 0.0 | 81.26 | 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) | 4.96 | -3.31 | 4.40 | 0.23 | 73.62 | 3.54 | 82.94 | -0.2 | 62.78 | -4.15 | 93.79 | 5.74 |
| 2022 (9) | 5.13 | 9.62 | 4.39 | -20.47 | 71.10 | -8.88 | 83.11 | 25.71 | 65.50 | -3.03 | 88.70 | 15.81 |
| 2021 (8) | 4.68 | -2.7 | 5.52 | -23.97 | 78.03 | 2.86 | 66.11 | 31.51 | 67.55 | 2.72 | 76.59 | 26.87 |
| 2020 (7) | 4.81 | -1.43 | 7.26 | 6.3 | 75.86 | 1.34 | 50.27 | -5.97 | 65.76 | 3.17 | 60.37 | -6.5 |
| 2019 (6) | 4.88 | -0.2 | 6.83 | 10.16 | 74.86 | 0.34 | 53.46 | -9.24 | 63.74 | -3.67 | 64.57 | -4.11 |
| 2018 (5) | 4.89 | -14.51 | 6.20 | -18.95 | 74.61 | 16.89 | 58.90 | 23.48 | 66.17 | 10.5 | 67.34 | 30.38 |
| 2017 (4) | 5.72 | 6.12 | 7.65 | 7.29 | 63.83 | -5.69 | 47.70 | -6.87 | 59.88 | -15.67 | 51.65 | 7.85 |
| 2016 (3) | 5.39 | -10.76 | 7.13 | -12.94 | 67.68 | 12.05 | 51.22 | 14.87 | 71.01 | 4.41 | 47.89 | 29.5 |
| 2015 (2) | 6.04 | -2.27 | 8.19 | -10.78 | 60.40 | 2.36 | 44.59 | 12.12 | 68.01 | 2.18 | 36.98 | 14.74 |
| 2014 (1) | 6.18 | -6.79 | 9.18 | -5.56 | 59.01 | 7.19 | 39.77 | 5.88 | 66.56 | 21.44 | 32.23 | -14.74 |
