- 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) | 1.08 | -11.48 | -7.69 | 0.96 | -21.95 | -11.11 | 84.16 | 13.09 | 8.5 | 94.96 | 28.41 | 12.35 | 86.30 | 18.06 | 5.75 | 92.82 | 23.32 | 15.33 |
| 23Q3 (19) | 1.22 | -12.23 | 7.02 | 1.23 | -3.91 | 14.95 | 74.42 | 13.98 | -6.6 | 73.95 | 4.38 | -13.38 | 73.10 | 7.9 | -16.73 | 75.27 | 10.06 | -2.58 |
| 23Q2 (18) | 1.39 | 3.73 | 1.46 | 1.28 | 9.4 | 4.92 | 65.29 | -3.91 | -1.63 | 70.85 | -8.78 | -5.06 | 67.75 | -7.09 | -18.72 | 68.39 | -5.93 | 18.63 |
| 23Q1 (17) | 1.34 | 14.53 | -9.46 | 1.17 | 8.33 | -5.65 | 67.95 | -12.4 | 10.42 | 77.67 | -8.1 | 6.11 | 72.92 | -10.65 | -13.23 | 72.70 | -9.67 | 43.39 |
| 22Q4 (16) | 1.17 | 2.63 | -19.86 | 1.08 | 0.93 | -12.2 | 77.57 | -2.65 | 24.57 | 84.52 | -1.0 | 14.4 | 81.61 | -7.04 | -7.7 | 80.48 | 4.17 | 68.62 |
| 22Q3 (15) | 1.14 | -16.79 | -24.0 | 1.07 | -12.3 | -19.55 | 79.68 | 20.05 | 31.4 | 85.37 | 14.39 | 25.16 | 87.79 | 5.33 | -2.28 | 77.26 | 34.02 | 98.05 |
| 22Q2 (14) | 1.37 | -7.43 | -18.93 | 1.22 | -1.61 | -17.57 | 66.37 | 7.85 | 23.46 | 74.63 | 1.95 | 21.17 | 83.35 | -0.82 | -3.59 | 57.65 | 13.71 | 99.55 |
| 22Q1 (13) | 1.48 | 1.37 | -13.95 | 1.24 | 0.81 | -14.48 | 61.54 | -1.17 | 16.49 | 73.20 | -0.92 | 16.32 | 84.04 | -4.95 | -6.78 | 50.70 | 6.22 | 97.97 |
| 21Q4 (12) | 1.46 | -2.67 | -27.72 | 1.23 | -7.52 | -15.75 | 62.27 | 2.69 | 38.13 | 73.88 | 8.31 | 18.7 | 88.42 | -1.58 | 0.51 | 47.73 | 22.35 | 146.54 |
| 21Q3 (11) | 1.50 | -11.24 | -27.88 | 1.33 | -10.14 | -13.64 | 60.64 | 12.8 | 38.38 | 68.21 | 10.75 | 15.2 | 89.84 | 3.92 | 5.84 | 39.01 | 35.03 | 114.93 |
| 21Q2 (10) | 1.69 | -1.74 | -10.11 | 1.48 | 2.07 | -3.27 | 53.76 | 1.76 | 11.05 | 61.59 | -2.13 | 3.32 | 86.45 | -4.1 | 0.95 | 28.89 | 12.81 | 29.09 |
| 21Q1 (9) | 1.72 | -14.85 | -5.49 | 1.45 | -0.68 | 1.4 | 52.83 | 17.19 | 5.85 | 62.93 | 1.11 | -1.36 | 90.15 | 2.48 | 3.96 | 25.61 | 32.28 | -5.11 |
| 20Q4 (8) | 2.02 | -2.88 | 27.04 | 1.46 | -5.19 | -4.58 | 45.08 | 2.88 | -21.05 | 62.24 | 5.12 | 4.83 | 87.97 | 3.64 | 8.83 | 19.36 | 6.67 | -45.66 |
| 20Q3 (7) | 2.08 | 10.64 | 30.82 | 1.54 | 0.65 | -3.75 | 43.82 | -9.48 | -23.46 | 59.21 | -0.67 | 3.9 | 84.88 | -0.89 | 3.29 | 18.15 | -18.9 | -43.39 |
| 20Q2 (6) | 1.88 | 3.3 | 9.3 | 1.53 | 6.99 | -0.65 | 48.41 | -3.01 | -8.24 | 59.61 | -6.57 | 1.12 | 85.64 | -1.25 | 0.68 | 22.38 | -17.08 | -16.05 |
| 20Q1 (5) | 1.82 | 14.47 | 20.53 | 1.43 | -6.54 | -0.69 | 49.91 | -12.59 | -17.15 | 63.80 | 7.46 | 0.82 | 86.72 | 7.29 | -5.99 | 26.99 | -24.25 | -13.69 |
| 19Q4 (4) | 1.59 | 0.0 | 0.0 | 1.53 | -4.38 | 0.0 | 57.10 | -0.26 | 0.0 | 59.37 | 4.18 | 0.0 | 80.83 | -1.64 | 0.0 | 35.63 | 11.14 | 0.0 |
| 19Q3 (3) | 1.59 | -7.56 | 0.0 | 1.60 | 3.9 | 0.0 | 57.25 | 8.51 | 0.0 | 56.99 | -3.32 | 0.0 | 82.18 | -3.39 | 0.0 | 32.06 | 20.26 | 0.0 |
| 19Q2 (2) | 1.72 | 13.91 | 0.0 | 1.54 | 6.94 | 0.0 | 52.76 | -12.42 | 0.0 | 58.95 | -6.84 | 0.0 | 85.06 | -7.79 | 0.0 | 26.66 | -14.74 | 0.0 |
| 19Q1 (1) | 1.51 | 0.0 | 0.0 | 1.44 | 0.0 | 0.0 | 60.24 | 0.0 | 0.0 | 63.28 | 0.0 | 0.0 | 92.25 | 0.0 | 0.0 | 31.27 | 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) | 5.58 | 5.48 | 4.56 | 1.11 | 65.44 | -5.09 | 79.99 | -1.19 | 70.63 | -16.35 | 74.79 | 14.24 |
| 2022 (9) | 5.29 | -16.3 | 4.51 | -12.43 | 68.95 | 19.46 | 80.95 | 14.24 | 84.44 | -6.46 | 65.47 | 70.9 |
| 2021 (8) | 6.32 | -12.22 | 5.15 | -11.97 | 57.72 | 13.8 | 70.86 | 13.56 | 90.27 | 4.56 | 38.31 | 43.0 |
| 2020 (7) | 7.20 | 6.51 | 5.85 | -3.47 | 50.72 | -6.06 | 62.40 | 3.62 | 86.33 | 1.39 | 26.79 | -7.81 |
| 2019 (6) | 6.76 | 34.66 | 6.06 | -1.3 | 53.99 | -25.73 | 60.22 | 1.26 | 85.15 | -0.3 | 29.06 | -37.83 |
| 2018 (5) | 5.02 | 20.38 | 6.14 | 1.49 | 72.69 | -16.92 | 59.47 | -1.44 | 85.41 | -9.35 | 46.74 | -12.81 |
| 2017 (4) | 4.17 | 0.48 | 6.05 | -19.01 | 87.49 | -0.41 | 60.34 | 23.52 | 94.22 | 4.01 | 53.61 | 16.29 |
| 2016 (3) | 4.15 | 2.47 | 7.47 | 23.88 | 87.85 | -2.41 | 48.85 | -19.26 | 90.59 | -8.67 | 46.10 | -10.19 |
| 2015 (2) | 4.05 | -39.64 | 6.03 | 6.91 | 90.02 | 65.39 | 60.50 | -6.58 | 99.19 | 7.23 | 51.33 | 92.25 |
| 2014 (1) | 6.71 | -58.17 | 5.64 | 4.83 | 54.43 | 139.15 | 64.76 | -4.53 | 92.50 | 7.06 | 26.70 | 537.23 |
