- 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) | 1.83 | 5.78 | 7.02 | 1.74 | 13.73 | 20.83 | 49.60 | -5.9 | -6.7 | 52.34 | -12.18 | -16.93 | 45.65 | -7.61 | -5.7 | 56.29 | -10.51 | -16.93 |
| 23Q3 (19) | 1.73 | 29.1 | 10.9 | 1.53 | 0.0 | 15.04 | 52.71 | -22.44 | -9.6 | 59.60 | 0.49 | -12.61 | 49.41 | 10.86 | -5.14 | 62.90 | -23.94 | -15.48 |
| 23Q2 (18) | 1.34 | -2.19 | -17.79 | 1.53 | 2.0 | 4.08 | 67.96 | 2.53 | 21.99 | 59.31 | -1.97 | -3.89 | 44.57 | -3.9 | -4.44 | 82.70 | 2.85 | 16.84 |
| 23Q1 (17) | 1.37 | -19.88 | -23.89 | 1.50 | 4.17 | 8.7 | 66.28 | 24.68 | 31.07 | 60.50 | -3.98 | -8.04 | 46.38 | -4.19 | -0.94 | 80.41 | 18.67 | 15.61 |
| 22Q4 (16) | 1.71 | 9.62 | -9.04 | 1.44 | 8.27 | 28.57 | 53.16 | -8.83 | 9.7 | 63.01 | -7.61 | -22.78 | 48.41 | -7.06 | -14.29 | 67.76 | -8.95 | -7.92 |
| 22Q3 (15) | 1.56 | -4.29 | 1.96 | 1.33 | -9.52 | 17.7 | 58.31 | 4.67 | -1.65 | 68.20 | 10.52 | -15.53 | 52.09 | 11.69 | -13.67 | 74.42 | 5.14 | -6.61 |
| 22Q2 (14) | 1.63 | -9.44 | -1.81 | 1.47 | 6.52 | -3.92 | 55.71 | 10.16 | 1.36 | 61.71 | -6.2 | 3.64 | 46.64 | -0.38 | -5.55 | 70.78 | 1.77 | 8.71 |
| 22Q1 (13) | 1.80 | -4.26 | 11.11 | 1.38 | 23.21 | -9.21 | 50.57 | 4.35 | -9.86 | 65.79 | -19.37 | 9.74 | 46.82 | -17.1 | -16.78 | 69.55 | -5.49 | 16.32 |
| 21Q4 (12) | 1.88 | 22.88 | 15.34 | 1.12 | -0.88 | -27.27 | 48.46 | -18.27 | -13.23 | 81.60 | 1.07 | 37.98 | 56.48 | -6.4 | -2.64 | 73.59 | -7.65 | 29.15 |
| 21Q3 (11) | 1.53 | -7.83 | 0.66 | 1.13 | -26.14 | -20.98 | 59.29 | 7.88 | -0.97 | 80.74 | 35.61 | 27.09 | 60.34 | 22.2 | 13.59 | 79.69 | 22.39 | 13.41 |
| 21Q2 (10) | 1.66 | 2.47 | 23.88 | 1.53 | 0.66 | 20.47 | 54.96 | -2.03 | -19.09 | 59.54 | -0.68 | -16.76 | 49.38 | -12.23 | -5.6 | 65.11 | 8.9 | -25.29 |
| 21Q1 (9) | 1.62 | -0.61 | 14.89 | 1.52 | -1.3 | 8.57 | 56.10 | 0.45 | -13.06 | 59.95 | 1.37 | -7.5 | 56.26 | -3.02 | -3.91 | 59.79 | 4.93 | -15.54 |
| 20Q4 (8) | 1.63 | 7.24 | -7.91 | 1.54 | 7.69 | -15.85 | 55.85 | -6.71 | 8.36 | 59.14 | -6.91 | 18.64 | 58.01 | 9.21 | 8.45 | 56.98 | -18.91 | 18.96 |
| 20Q3 (7) | 1.52 | 13.43 | -12.64 | 1.43 | 12.6 | -22.28 | 59.87 | -11.87 | 14.32 | 63.53 | -11.18 | 28.55 | 53.12 | 1.55 | -2.53 | 70.27 | -19.37 | 48.59 |
| 20Q2 (6) | 1.34 | -4.96 | -15.72 | 1.27 | -9.29 | -35.86 | 67.93 | 5.27 | 18.61 | 71.53 | 10.37 | 55.97 | 52.31 | -10.66 | -1.62 | 87.15 | 23.11 | 74.44 |
| 20Q1 (5) | 1.41 | -20.34 | -14.55 | 1.40 | -23.5 | -33.33 | 64.53 | 25.2 | 16.71 | 64.81 | 30.01 | 49.71 | 58.55 | 9.46 | 16.52 | 70.79 | 47.79 | 46.47 |
| 19Q4 (4) | 1.77 | 1.72 | 0.0 | 1.83 | -0.54 | 0.0 | 51.54 | -1.58 | 0.0 | 49.85 | 0.87 | 0.0 | 53.49 | -1.85 | 0.0 | 47.90 | 1.29 | 0.0 |
| 19Q3 (3) | 1.74 | 9.43 | 0.0 | 1.84 | -7.07 | 0.0 | 52.37 | -8.56 | 0.0 | 49.42 | 7.76 | 0.0 | 54.50 | 2.5 | 0.0 | 47.29 | -5.34 | 0.0 |
| 19Q2 (2) | 1.59 | -3.64 | 0.0 | 1.98 | -5.71 | 0.0 | 57.27 | 3.58 | 0.0 | 45.86 | 5.94 | 0.0 | 53.17 | 5.81 | 0.0 | 49.96 | 3.37 | 0.0 |
| 19Q1 (1) | 1.65 | 0.0 | 0.0 | 2.10 | 0.0 | 0.0 | 55.29 | 0.0 | 0.0 | 43.29 | 0.0 | 0.0 | 50.25 | 0.0 | 0.0 | 48.33 | 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) | 4.82 | -31.53 | 5.06 | -8.83 | 75.74 | 46.02 | 72.20 | 9.69 | 59.97 | 22.16 | 87.96 | 28.24 |
| 2022 (9) | 7.04 | 16.94 | 5.55 | 19.1 | 51.87 | -14.48 | 65.82 | -15.98 | 49.09 | -24.43 | 68.59 | -7.35 |
| 2021 (8) | 6.02 | 45.06 | 4.66 | 6.64 | 60.65 | -31.06 | 78.34 | -6.19 | 64.96 | -26.17 | 74.03 | -11.34 |
| 2020 (7) | 4.15 | -28.82 | 4.37 | -32.87 | 87.97 | 40.42 | 83.51 | 48.97 | 87.98 | 41.93 | 83.50 | 47.19 |
| 2019 (6) | 5.83 | -1.69 | 6.51 | -4.82 | 62.65 | 1.75 | 56.06 | 4.98 | 61.99 | -5.32 | 56.73 | 14.61 |
| 2018 (5) | 5.93 | 1.37 | 6.84 | -9.88 | 61.57 | -1.28 | 53.40 | 11.06 | 65.47 | 3.25 | 49.50 | 5.21 |
| 2017 (4) | 5.85 | 9.14 | 7.59 | 1.74 | 62.37 | -8.44 | 48.08 | -1.8 | 63.41 | 3.19 | 47.05 | -15.41 |
| 2016 (3) | 5.36 | -13.41 | 7.46 | -3.12 | 68.12 | 15.52 | 48.96 | 3.27 | 61.45 | 6.35 | 55.62 | 14.44 |
| 2015 (2) | 6.19 | 12.75 | 7.70 | 21.07 | 58.97 | -11.31 | 47.41 | -17.38 | 57.78 | -18.1 | 48.60 | -8.87 |
| 2014 (1) | 5.49 | 0 | 6.36 | 0 | 66.49 | 0 | 57.38 | 0 | 70.55 | 0 | 53.33 | 0 |
