- 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) | 0.81 | -17.35 | 8.0 | 1.22 | -8.96 | 93.65 | 113.01 | 21.16 | -6.95 | 74.33 | 9.5 | -48.79 | 60.13 | 27.26 | 48.32 | 127.21 | 11.68 | -43.72 |
| 23Q3 (19) | 0.98 | 3.16 | 16.67 | 1.34 | 18.58 | 86.11 | 93.27 | -2.19 | -13.57 | 67.88 | -15.58 | -45.98 | 47.25 | 23.56 | 8.15 | 113.91 | -17.17 | -40.01 |
| 23Q2 (18) | 0.95 | -5.0 | 20.25 | 1.13 | 8.65 | 56.94 | 95.36 | 4.68 | -17.34 | 80.41 | -8.23 | -36.28 | 38.24 | 34.51 | -25.65 | 137.53 | -8.49 | -27.67 |
| 23Q1 (17) | 1.00 | 33.33 | 29.87 | 1.04 | 65.08 | 38.67 | 91.10 | -24.99 | -23.0 | 87.62 | -39.63 | -28.2 | 28.43 | -29.87 | -45.35 | 150.29 | -33.51 | -20.2 |
| 22Q4 (16) | 0.75 | -10.71 | -8.54 | 0.63 | -12.5 | -32.26 | 121.45 | 12.54 | 9.49 | 145.15 | 15.51 | 48.45 | 40.54 | -7.21 | -5.79 | 226.05 | 19.04 | 36.45 |
| 22Q3 (15) | 0.84 | 6.33 | -13.4 | 0.72 | 0.0 | -23.4 | 107.92 | -6.46 | 15.03 | 125.66 | -0.42 | 30.34 | 43.69 | -15.05 | -3.21 | 189.89 | -0.13 | 30.88 |
| 22Q2 (14) | 0.79 | 2.6 | -10.23 | 0.72 | -4.0 | -20.88 | 115.37 | -2.48 | 11.68 | 126.19 | 3.4 | 26.16 | 51.43 | -1.13 | -7.68 | 190.13 | 0.96 | 28.81 |
| 22Q1 (13) | 0.77 | -6.1 | -8.33 | 0.75 | -19.35 | -38.52 | 118.31 | 6.66 | 9.19 | 122.04 | 24.81 | 63.94 | 52.02 | 20.89 | -6.03 | 188.33 | 13.68 | 47.79 |
| 21Q4 (12) | 0.82 | -15.46 | -14.58 | 0.93 | -1.06 | -44.64 | 110.92 | 18.23 | 16.61 | 97.78 | 1.42 | 80.31 | 43.03 | -4.67 | -7.04 | 165.67 | 14.18 | 60.75 |
| 21Q3 (11) | 0.97 | 10.23 | -17.8 | 0.94 | 3.3 | -41.25 | 93.82 | -9.18 | 21.31 | 96.41 | -3.61 | 69.35 | 45.14 | -18.97 | 14.74 | 145.09 | -1.71 | 52.84 |
| 21Q2 (10) | 0.88 | 4.76 | -42.48 | 0.91 | -25.41 | -24.79 | 103.30 | -4.66 | 73.35 | 100.02 | 34.36 | 32.58 | 55.71 | 0.63 | 60.09 | 147.61 | 15.84 | 47.27 |
| 21Q1 (9) | 0.84 | -12.5 | 21.74 | 1.22 | -27.38 | 87.69 | 108.35 | 13.91 | -18.07 | 74.44 | 37.27 | -47.02 | 55.36 | 19.59 | -26.33 | 127.43 | 23.65 | -35.51 |
| 20Q4 (8) | 0.96 | -18.64 | -5.88 | 1.68 | 5.0 | 22.63 | 95.12 | 22.99 | 6.39 | 54.23 | -4.74 | -18.49 | 46.29 | 17.67 | -4.97 | 103.06 | 8.56 | -3.89 |
| 20Q3 (7) | 1.18 | -22.88 | 12.38 | 1.60 | 32.23 | 0.0 | 77.34 | 29.79 | -11.01 | 56.93 | -24.54 | -0.18 | 39.34 | 13.05 | -7.22 | 94.93 | -5.29 | -6.51 |
| 20Q2 (6) | 1.53 | 121.74 | 25.41 | 1.21 | 86.15 | -21.94 | 59.59 | -54.94 | -19.95 | 75.44 | -46.31 | 28.78 | 34.80 | -53.69 | -12.28 | 100.23 | -49.27 | 7.38 |
| 20Q1 (5) | 0.69 | -32.35 | -30.3 | 0.65 | -52.55 | -47.15 | 132.25 | 47.91 | 44.57 | 140.50 | 111.18 | 89.15 | 75.15 | 54.28 | 47.53 | 197.59 | 84.27 | 72.09 |
| 19Q4 (4) | 1.02 | -2.86 | 0.0 | 1.37 | -14.37 | 0.0 | 89.41 | 2.88 | 0.0 | 66.53 | 16.66 | 0.0 | 48.71 | 14.88 | 0.0 | 107.23 | 5.6 | 0.0 |
| 19Q3 (3) | 1.05 | -13.93 | 0.0 | 1.60 | 3.23 | 0.0 | 86.91 | 16.75 | 0.0 | 57.03 | -2.65 | 0.0 | 42.40 | 6.88 | 0.0 | 101.54 | 8.79 | 0.0 |
| 19Q2 (2) | 1.22 | 23.23 | 0.0 | 1.55 | 26.02 | 0.0 | 74.44 | -18.63 | 0.0 | 58.58 | -21.14 | 0.0 | 39.67 | -22.12 | 0.0 | 93.34 | -18.71 | 0.0 |
| 19Q1 (1) | 0.99 | 0.0 | 0.0 | 1.23 | 0.0 | 0.0 | 91.48 | 0.0 | 0.0 | 74.28 | 0.0 | 0.0 | 50.94 | 0.0 | 0.0 | 114.82 | 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) | 4.01 | 22.63 | 4.13 | 25.53 | 91.06 | -18.46 | 88.37 | -20.31 | 41.45 | 4.43 | 137.97 | -24.56 |
| 2022 (9) | 3.27 | 1.55 | 3.29 | -28.48 | 111.68 | -1.42 | 110.89 | 39.75 | 39.69 | -23.05 | 182.89 | 29.65 |
| 2021 (8) | 3.22 | -5.85 | 4.60 | -8.91 | 113.29 | 6.14 | 79.35 | 9.78 | 51.58 | -10.93 | 141.06 | 16.46 |
| 2020 (7) | 3.42 | -24.67 | 5.05 | -9.34 | 106.74 | 32.88 | 72.28 | 10.22 | 57.91 | 19.97 | 121.12 | 24.03 |
| 2019 (6) | 4.54 | 3.89 | 5.57 | 5.69 | 80.33 | -3.8 | 65.58 | -5.26 | 48.27 | 2.88 | 97.65 | -7.7 |
| 2018 (5) | 4.37 | -4.79 | 5.27 | -2.77 | 83.50 | 5.03 | 69.22 | 2.87 | 46.92 | 4.04 | 105.80 | 4.04 |
| 2017 (4) | 4.59 | -5.75 | 5.42 | -8.91 | 79.50 | 6.1 | 67.29 | 9.63 | 45.10 | 3.94 | 101.69 | 9.44 |
| 2016 (3) | 4.87 | -3.94 | 5.95 | 9.37 | 74.93 | 4.17 | 61.38 | -8.47 | 43.39 | 4.68 | 92.92 | -4.74 |
| 2015 (2) | 5.07 | 7.64 | 5.44 | -8.57 | 71.93 | -7.22 | 67.06 | 9.24 | 41.45 | 8.62 | 97.54 | -3.21 |
| 2014 (1) | 4.71 | -5.04 | 5.95 | 6.63 | 77.53 | 5.28 | 61.39 | -6.15 | 38.16 | -1.65 | 100.77 | 0.51 |
