- 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) | 1.82 | 13.04 | 10.98 | 1.27 | -7.3 | -3.79 | 49.94 | -11.78 | -9.9 | 71.89 | 8.4 | 4.43 | 70.39 | 0.57 | 5.19 | 51.44 | -2.85 | -10.31 |
| 23Q3 (19) | 1.61 | -6.94 | 1.26 | 1.37 | -7.43 | 11.38 | 56.61 | 7.91 | -1.01 | 66.32 | 7.56 | -10.18 | 69.99 | 6.45 | 3.8 | 52.95 | 9.47 | -16.75 |
| 23Q2 (18) | 1.73 | 7.45 | 10.19 | 1.48 | 9.63 | 20.33 | 52.46 | -7.2 | -9.38 | 61.66 | -8.85 | -16.71 | 65.75 | -5.04 | -6.94 | 48.37 | -11.96 | -21.05 |
| 23Q1 (17) | 1.61 | -1.83 | 1.26 | 1.35 | 2.27 | 13.45 | 56.53 | 1.98 | -1.41 | 67.65 | -1.73 | -11.29 | 69.24 | 3.47 | -17.23 | 54.94 | -4.2 | 9.99 |
| 22Q4 (16) | 1.64 | 3.14 | -1.2 | 1.32 | 7.32 | -2.94 | 55.43 | -3.08 | 0.84 | 68.84 | -6.77 | 3.13 | 66.92 | -0.76 | -20.65 | 57.35 | -9.83 | 53.42 |
| 22Q3 (15) | 1.59 | 1.27 | -0.63 | 1.23 | 0.0 | -24.07 | 57.19 | -1.21 | 0.79 | 73.84 | -0.26 | 31.22 | 67.43 | -4.56 | -13.57 | 63.60 | 3.8 | 81.77 |
| 22Q2 (14) | 1.57 | -1.26 | -11.3 | 1.23 | 3.36 | -34.22 | 57.89 | 0.96 | 12.47 | 74.03 | -2.92 | 51.86 | 70.65 | -15.54 | 1.39 | 61.27 | 22.66 | 100.62 |
| 22Q1 (13) | 1.59 | -4.22 | -5.36 | 1.19 | -12.5 | -31.61 | 57.34 | 4.31 | 5.6 | 76.26 | 14.25 | 45.81 | 83.65 | -0.82 | 14.06 | 49.95 | 33.63 | 50.23 |
| 21Q4 (12) | 1.66 | 3.75 | -1.19 | 1.36 | -16.05 | -23.16 | 54.97 | -3.12 | 1.38 | 66.75 | 18.62 | 29.49 | 84.34 | 8.1 | 33.2 | 37.38 | 6.83 | -11.92 |
| 21Q3 (11) | 1.60 | -9.6 | 9.59 | 1.62 | -13.37 | 4.52 | 56.74 | 10.24 | -8.82 | 56.27 | 15.43 | -4.09 | 78.02 | 11.97 | 34.94 | 34.99 | 14.57 | -44.54 |
| 21Q2 (10) | 1.77 | 5.36 | 14.94 | 1.87 | 7.47 | 42.75 | 51.47 | -5.21 | -12.66 | 48.75 | -6.79 | -30.04 | 69.68 | -4.99 | 6.66 | 30.54 | -8.15 | -51.74 |
| 21Q1 (9) | 1.68 | 0.0 | 42.37 | 1.74 | -1.69 | 47.46 | 54.30 | 0.15 | -29.84 | 52.30 | 1.45 | -32.32 | 73.34 | 15.82 | -14.12 | 33.25 | -21.65 | -52.0 |
| 20Q4 (8) | 1.68 | 15.07 | 40.0 | 1.77 | 14.19 | 12.03 | 54.22 | -12.87 | -28.21 | 51.55 | -12.14 | -10.33 | 63.32 | 9.51 | -16.43 | 42.44 | -32.73 | -25.87 |
| 20Q3 (7) | 1.46 | -5.19 | 18.7 | 1.55 | 18.32 | -14.84 | 62.23 | 5.6 | -15.86 | 58.67 | -15.8 | 17.48 | 57.82 | -11.5 | -20.53 | 63.09 | -0.3 | 23.37 |
| 20Q2 (6) | 1.54 | 30.51 | 4.05 | 1.31 | 11.02 | -39.35 | 58.93 | -23.85 | -4.01 | 69.68 | -9.83 | 65.47 | 65.33 | -23.5 | 11.29 | 63.28 | -8.65 | 41.25 |
| 20Q1 (5) | 1.18 | -1.67 | -3.28 | 1.18 | -25.32 | -36.9 | 77.39 | 2.46 | 3.89 | 77.28 | 34.42 | 59.08 | 85.40 | 12.71 | 41.51 | 69.27 | 21.0 | 10.44 |
| 19Q4 (4) | 1.20 | -2.44 | 0.0 | 1.58 | -13.19 | 0.0 | 75.53 | 2.12 | 0.0 | 57.49 | 15.12 | 0.0 | 75.77 | 4.14 | 0.0 | 57.25 | 11.95 | 0.0 |
| 19Q3 (3) | 1.23 | -16.89 | 0.0 | 1.82 | -15.74 | 0.0 | 73.96 | 20.48 | 0.0 | 49.94 | 18.59 | 0.0 | 72.76 | 23.95 | 0.0 | 51.14 | 14.15 | 0.0 |
| 19Q2 (2) | 1.48 | 21.31 | 0.0 | 2.16 | 15.51 | 0.0 | 61.39 | -17.59 | 0.0 | 42.11 | -13.32 | 0.0 | 58.70 | -2.73 | 0.0 | 44.80 | -28.57 | 0.0 |
| 19Q1 (1) | 1.22 | 0.0 | 0.0 | 1.87 | 0.0 | 0.0 | 74.49 | 0.0 | 0.0 | 48.58 | 0.0 | 0.0 | 60.35 | 0.0 | 0.0 | 62.72 | 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) | 6.71 | 1.82 | 5.02 | -2.14 | 54.41 | -1.82 | 72.66 | 2.09 | 71.21 | -9.34 | 55.86 | 16.28 |
| 2022 (9) | 6.59 | -9.85 | 5.13 | -16.04 | 55.42 | 10.93 | 71.17 | 19.19 | 78.55 | 4.4 | 48.04 | 39.53 |
| 2021 (8) | 7.31 | 46.2 | 6.11 | 6.63 | 49.96 | -31.54 | 59.71 | -6.19 | 75.24 | -9.87 | 34.43 | -35.22 |
| 2020 (7) | 5.00 | -7.06 | 5.73 | -18.26 | 72.98 | 7.62 | 63.65 | 22.22 | 83.48 | 28.59 | 53.15 | -3.31 |
| 2019 (6) | 5.38 | 0.56 | 7.01 | -23.89 | 67.81 | -0.56 | 52.08 | 31.45 | 64.92 | -0.44 | 54.97 | 29.04 |
| 2018 (5) | 5.35 | -6.3 | 9.21 | -30.6 | 68.19 | 6.7 | 39.62 | 44.02 | 65.21 | 1.75 | 42.60 | 55.93 |
| 2017 (4) | 5.71 | 8.14 | 13.27 | -2.57 | 63.91 | -7.47 | 27.51 | 2.65 | 64.09 | -1.05 | 27.32 | -12.15 |
| 2016 (3) | 5.28 | -5.04 | 13.62 | 28.25 | 69.07 | 5.21 | 26.80 | -22.03 | 64.77 | -2.53 | 31.10 | -7.33 |
| 2015 (2) | 5.56 | 3.15 | 10.62 | -7.73 | 65.65 | -3.1 | 34.37 | 8.39 | 66.45 | 7.84 | 33.56 | -11.31 |
| 2014 (1) | 5.39 | 21.4 | 11.51 | 14.07 | 67.75 | -17.63 | 31.71 | -12.35 | 61.62 | -11.82 | 37.84 | -22.06 |
