- 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) | 1.17 | -7.87 | -28.22 | 1.32 | -39.17 | -41.59 | 77.51 | 8.0 | 38.68 | 69.13 | 64.95 | 71.62 | 101.27 | 20.8 | 30.72 | 45.37 | 51.99 | 142.75 |
| 23Q3 (19) | 1.27 | -16.99 | -24.85 | 2.17 | -10.7 | 5.85 | 71.77 | 20.85 | 33.13 | 41.91 | 12.12 | -5.42 | 83.83 | 11.85 | 18.96 | 29.85 | 36.8 | 7.61 |
| 23Q2 (18) | 1.53 | -0.65 | -14.04 | 2.43 | 17.96 | 50.0 | 59.39 | 0.52 | 16.38 | 37.38 | -15.33 | -33.44 | 74.95 | -12.41 | -3.43 | 21.82 | 23.56 | -26.23 |
| 23Q1 (17) | 1.54 | -5.52 | -9.41 | 2.06 | -8.85 | 43.06 | 59.08 | 5.71 | 10.1 | 44.15 | 9.61 | -29.92 | 85.57 | 10.46 | 1.15 | 17.66 | -5.51 | -44.93 |
| 22Q4 (16) | 1.63 | -3.55 | 21.64 | 2.26 | 10.24 | 64.96 | 55.89 | 3.67 | -17.66 | 40.28 | -9.1 | -39.51 | 77.47 | 9.93 | -30.38 | 18.69 | -32.62 | -19.4 |
| 22Q3 (15) | 1.69 | -5.06 | 4.32 | 2.05 | 26.54 | -15.29 | 53.91 | 5.64 | -3.92 | 44.31 | -21.1 | 17.88 | 70.47 | -9.2 | -10.39 | 27.74 | -6.22 | 84.07 |
| 22Q2 (14) | 1.78 | 4.71 | -5.82 | 1.62 | 12.5 | -34.41 | 51.03 | -4.9 | 5.78 | 56.16 | -10.86 | 52.65 | 77.61 | -8.26 | 10.38 | 29.58 | -7.76 | 100.95 |
| 22Q1 (13) | 1.70 | 26.87 | -2.86 | 1.44 | 5.11 | -27.64 | 53.66 | -20.95 | 3.43 | 63.00 | -5.39 | 37.58 | 84.60 | -23.98 | 2.72 | 32.07 | 38.29 | 109.61 |
| 21Q4 (12) | 1.34 | -17.28 | -17.28 | 1.37 | -43.39 | -38.84 | 67.88 | 20.98 | 20.63 | 66.59 | 77.15 | 63.81 | 111.28 | 41.51 | 40.26 | 23.19 | 53.88 | 31.99 |
| 21Q3 (11) | 1.62 | -14.29 | -2.41 | 2.42 | -2.02 | 0.0 | 56.11 | 16.31 | 2.41 | 37.59 | 2.17 | -0.11 | 78.64 | 11.85 | 1.41 | 15.07 | 2.38 | 1.34 |
| 21Q2 (10) | 1.89 | 8.0 | -9.57 | 2.47 | 24.12 | 0.82 | 48.24 | -7.02 | 10.59 | 36.79 | -19.65 | -1.0 | 70.31 | -14.63 | 5.86 | 14.72 | -3.79 | 2.51 |
| 21Q1 (9) | 1.75 | 8.02 | 38.89 | 1.99 | -11.16 | 16.37 | 51.88 | -7.8 | -27.93 | 45.79 | 12.64 | -13.83 | 82.36 | 3.81 | -10.52 | 15.30 | -12.92 | -53.76 |
| 20Q4 (8) | 1.62 | -2.41 | 20.0 | 2.24 | -7.44 | 10.89 | 56.27 | 2.7 | -16.3 | 40.65 | 8.03 | -9.69 | 79.34 | 2.31 | -12.65 | 17.57 | 18.16 | -17.94 |
| 20Q3 (7) | 1.66 | -20.57 | 13.7 | 2.42 | -1.22 | 8.52 | 54.79 | 25.61 | -12.11 | 37.63 | 1.26 | -7.88 | 77.55 | 16.76 | -8.39 | 14.87 | 3.55 | -19.8 |
| 20Q2 (6) | 2.09 | 65.87 | 16.11 | 2.45 | 43.27 | -2.39 | 43.62 | -39.41 | -13.73 | 37.16 | -30.07 | 2.65 | 66.42 | -27.84 | -3.08 | 14.36 | -56.6 | -21.23 |
| 20Q1 (5) | 1.26 | -6.67 | -26.32 | 1.71 | -15.35 | -16.18 | 71.99 | 7.08 | 35.5 | 53.14 | 18.06 | 18.96 | 92.04 | 1.33 | 15.99 | 33.09 | 54.55 | 79.35 |
| 19Q4 (4) | 1.35 | -7.53 | 0.0 | 2.02 | -9.42 | 0.0 | 67.23 | 7.84 | 0.0 | 45.01 | 10.18 | 0.0 | 90.83 | 7.3 | 0.0 | 21.41 | 15.48 | 0.0 |
| 19Q3 (3) | 1.46 | -18.89 | 0.0 | 2.23 | -11.16 | 0.0 | 62.34 | 23.3 | 0.0 | 40.85 | 12.85 | 0.0 | 84.65 | 23.52 | 0.0 | 18.54 | 1.7 | 0.0 |
| 19Q2 (2) | 1.80 | 5.26 | 0.0 | 2.51 | 23.04 | 0.0 | 50.56 | -4.84 | 0.0 | 36.20 | -18.96 | 0.0 | 68.53 | -13.64 | 0.0 | 18.23 | -1.19 | 0.0 |
| 19Q1 (1) | 1.71 | 0.0 | 0.0 | 2.04 | 0.0 | 0.0 | 53.13 | 0.0 | 0.0 | 44.67 | 0.0 | 0.0 | 79.35 | 0.0 | 0.0 | 18.45 | 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) | 6.51 | -19.93 | 6.94 | -11.03 | 56.09 | 24.87 | 52.62 | 12.51 | 84.69 | 12.32 | 24.02 | 47.45 |
| 2022 (9) | 8.13 | 1.37 | 7.80 | 4.84 | 44.92 | -1.27 | 46.77 | -4.61 | 75.40 | 0.15 | 16.29 | -15.33 |
| 2021 (8) | 8.02 | 26.7 | 7.44 | -10.68 | 45.50 | -21.05 | 49.03 | 11.86 | 75.29 | -8.06 | 19.24 | -1.69 |
| 2020 (7) | 6.33 | -10.97 | 8.33 | -5.45 | 57.63 | 12.34 | 43.83 | 5.82 | 81.89 | 6.19 | 19.57 | 25.37 |
| 2019 (6) | 7.11 | -9.08 | 8.81 | -9.27 | 51.30 | 9.92 | 41.42 | 10.16 | 77.12 | 2.49 | 15.61 | 73.06 |
| 2018 (5) | 7.82 | 6.83 | 9.71 | -13.07 | 46.67 | -6.47 | 37.60 | 15.09 | 75.25 | -7.41 | 9.02 | 593.85 |
| 2017 (4) | 7.32 | -10.62 | 11.17 | -11.42 | 49.90 | 12.03 | 32.67 | 12.85 | 81.27 | 17.31 | 1.30 | -69.12 |
| 2016 (3) | 8.19 | 0.37 | 12.61 | 11.69 | 44.54 | -0.38 | 28.95 | -10.43 | 69.28 | 3.43 | 4.21 | -58.07 |
| 2015 (2) | 8.16 | 9.09 | 11.29 | 5.32 | 44.71 | -8.38 | 32.32 | -5.02 | 66.98 | -12.41 | 10.04 | 57.61 |
| 2014 (1) | 7.48 | 5.95 | 10.72 | -14.17 | 48.80 | -5.63 | 34.03 | 16.46 | 76.47 | 4.84 | 6.37 | -20.28 |
