- 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 | -9.52 | 2.31 | 1.61 | -8.52 | 10.27 | 68.51 | 10.3 | -2.27 | 56.67 | 9.91 | -8.83 | 57.35 | 14.02 | -3.69 | 67.83 | 7.04 | -6.71 |
| 23Q3 (19) | 1.47 | 8.09 | 10.53 | 1.76 | 20.55 | 4.76 | 62.11 | -7.31 | -9.2 | 51.56 | -17.16 | -4.57 | 50.30 | -8.09 | -10.72 | 63.37 | -14.96 | -4.13 |
| 23Q2 (18) | 1.36 | 1.49 | 4.62 | 1.46 | 3.55 | -13.61 | 67.01 | -1.56 | -4.02 | 62.24 | -3.34 | 15.43 | 54.73 | 0.74 | -1.51 | 74.52 | -4.62 | 9.31 |
| 23Q1 (17) | 1.34 | 3.08 | 8.06 | 1.41 | -3.42 | -16.57 | 68.07 | -2.9 | -7.03 | 64.39 | 3.59 | 19.82 | 54.33 | -8.77 | -1.91 | 78.13 | 7.45 | 9.17 |
| 22Q4 (16) | 1.30 | -2.26 | -14.47 | 1.46 | -13.1 | -28.78 | 70.10 | 2.49 | 17.34 | 62.16 | 15.05 | 39.84 | 59.55 | 5.7 | 19.46 | 72.71 | 10.0 | 33.81 |
| 22Q3 (15) | 1.33 | 2.31 | -2.92 | 1.68 | -0.59 | -12.95 | 68.40 | -2.03 | 3.11 | 54.03 | 0.2 | 14.69 | 56.34 | 1.39 | -5.5 | 66.10 | -3.04 | 22.77 |
| 22Q2 (14) | 1.30 | 4.84 | 10.17 | 1.69 | 0.0 | -8.65 | 69.82 | -4.64 | -9.25 | 53.92 | 0.33 | 9.42 | 55.57 | 0.32 | -20.22 | 68.17 | -4.75 | 20.51 |
| 22Q1 (13) | 1.24 | -18.42 | 13.76 | 1.69 | -17.56 | -10.58 | 73.22 | 22.56 | -12.69 | 53.74 | 20.9 | 11.52 | 55.39 | 11.11 | -25.52 | 71.57 | 31.71 | 24.1 |
| 21Q4 (12) | 1.52 | 10.95 | 38.18 | 2.05 | 6.22 | 3.02 | 59.74 | -9.95 | -27.93 | 44.45 | -5.65 | -3.03 | 49.85 | -16.39 | -31.39 | 54.34 | 0.93 | -3.07 |
| 21Q3 (11) | 1.37 | 16.1 | 24.55 | 1.93 | 4.32 | 2.12 | 66.34 | -13.78 | -19.79 | 47.11 | -4.4 | -2.38 | 59.62 | -14.4 | -20.03 | 53.84 | -4.83 | -4.57 |
| 21Q2 (10) | 1.18 | 8.26 | -7.09 | 1.85 | -2.12 | 29.37 | 76.94 | -8.25 | 7.23 | 49.28 | 2.26 | -22.37 | 69.65 | -6.35 | -6.25 | 56.57 | -1.91 | -7.16 |
| 21Q1 (9) | 1.09 | -0.91 | 1.87 | 1.89 | -5.03 | 40.0 | 83.86 | 1.17 | -1.46 | 48.19 | 5.13 | -28.44 | 74.37 | 2.35 | -16.27 | 57.67 | 2.87 | -9.35 |
| 20Q4 (8) | 1.10 | 0.0 | -16.67 | 1.99 | 5.29 | 8.15 | 82.89 | 0.22 | 20.29 | 45.84 | -5.01 | -7.09 | 72.66 | -2.54 | 0.71 | 56.06 | -0.64 | 21.61 |
| 20Q3 (7) | 1.10 | -13.39 | -13.39 | 1.89 | 32.17 | 3.85 | 82.71 | 15.28 | 15.1 | 48.26 | -23.98 | -3.69 | 74.55 | 0.35 | 5.37 | 56.42 | -7.4 | 10.17 |
| 20Q2 (6) | 1.27 | 18.69 | -11.19 | 1.43 | 5.93 | -32.86 | 71.75 | -15.69 | 12.89 | 63.48 | -5.73 | 48.53 | 74.29 | -16.36 | 33.98 | 60.93 | -4.23 | 19.82 |
| 20Q1 (5) | 1.07 | -18.94 | -25.17 | 1.35 | -26.63 | -39.73 | 85.10 | 23.49 | 33.74 | 67.34 | 36.48 | 65.9 | 88.82 | 23.1 | 53.59 | 63.62 | 38.0 | 37.14 |
| 19Q4 (4) | 1.32 | 3.94 | 0.0 | 1.84 | 1.1 | 0.0 | 68.91 | -4.11 | 0.0 | 49.34 | -1.54 | 0.0 | 72.15 | 1.98 | 0.0 | 46.10 | -9.98 | 0.0 |
| 19Q3 (3) | 1.27 | -11.19 | 0.0 | 1.82 | -14.55 | 0.0 | 71.86 | 13.06 | 0.0 | 50.11 | 17.24 | 0.0 | 70.75 | 27.59 | 0.0 | 51.21 | 0.71 | 0.0 |
| 19Q2 (2) | 1.43 | 0.0 | 0.0 | 2.13 | -4.91 | 0.0 | 63.56 | -0.11 | 0.0 | 42.74 | 5.3 | 0.0 | 55.45 | -4.12 | 0.0 | 50.85 | 9.61 | 0.0 |
| 19Q1 (1) | 1.43 | 0.0 | 0.0 | 2.24 | 0.0 | 0.0 | 63.63 | 0.0 | 0.0 | 40.59 | 0.0 | 0.0 | 57.83 | 0.0 | 0.0 | 46.39 | 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) | 5.85 | 1.92 | 6.28 | -8.32 | 62.38 | -1.89 | 58.08 | 9.05 | 53.43 | 6.16 | 67.02 | 0.77 |
| 2022 (9) | 5.74 | 13.66 | 6.85 | -13.4 | 63.58 | -12.04 | 53.26 | 15.38 | 50.33 | -13.61 | 66.51 | 10.52 |
| 2021 (8) | 5.05 | 59.31 | 7.91 | 52.41 | 72.28 | -37.31 | 46.16 | -34.36 | 58.26 | -44.84 | 60.18 | -24.77 |
| 2020 (7) | 3.17 | -39.85 | 5.19 | -37.62 | 115.30 | 66.38 | 70.32 | 60.22 | 105.62 | 54.96 | 80.00 | 77.62 |
| 2019 (6) | 5.27 | -11.87 | 8.32 | -17.13 | 69.30 | 13.63 | 43.89 | 20.74 | 68.16 | 18.54 | 45.04 | 13.08 |
| 2018 (5) | 5.98 | 18.18 | 10.04 | 12.18 | 60.99 | -15.42 | 36.35 | -10.91 | 57.50 | -7.23 | 39.83 | -21.79 |
| 2017 (4) | 5.06 | -18.78 | 8.95 | -24.15 | 72.11 | 23.05 | 40.80 | 31.91 | 61.98 | 38.56 | 50.93 | 13.68 |
| 2016 (3) | 6.23 | 13.27 | 11.80 | -7.01 | 58.60 | -11.75 | 30.93 | 7.55 | 44.73 | -9.95 | 44.80 | -1.54 |
| 2015 (2) | 5.50 | 3.77 | 12.69 | -29.38 | 66.40 | -3.66 | 28.76 | 41.61 | 49.67 | -3.57 | 45.50 | 20.63 |
| 2014 (1) | 5.30 | 8.61 | 17.97 | 1.7 | 68.92 | -7.85 | 20.31 | -1.65 | 51.51 | 12.17 | 37.72 | -23.83 |
