- 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) | 1.41 | 1.44 | -20.34 | 18.44 | -10.66 | 102.41 | 64.68 | -1.43 | 25.98 | 4.94 | 12.02 | -50.55 | 25.03 | 7.52 | -6.04 | 44.59 | -4.64 | 28.54 |
| 23Q3 (19) | 1.39 | -11.46 | -14.2 | 20.64 | 12.3 | 159.62 | 65.62 | 13.45 | 16.8 | 4.41 | -10.91 | -61.48 | 23.28 | -13.04 | -20.11 | 46.76 | 29.82 | 21.52 |
| 23Q2 (18) | 1.57 | -3.68 | 4.67 | 18.38 | 61.51 | 115.22 | 57.84 | 3.45 | -4.49 | 4.95 | -38.12 | -53.52 | 26.77 | -12.34 | -12.23 | 36.02 | 7.94 | -11.52 |
| 23Q1 (17) | 1.63 | -7.91 | -3.55 | 11.38 | 24.92 | 47.79 | 55.91 | 8.9 | 3.58 | 8.00 | -19.92 | -32.26 | 30.54 | 14.64 | 27.62 | 33.37 | -3.81 | -20.26 |
| 22Q4 (16) | 1.77 | 9.26 | -10.15 | 9.11 | 14.59 | 41.9 | 51.34 | -8.62 | 11.17 | 9.99 | -12.75 | -29.5 | 26.64 | -8.58 | 3.62 | 34.69 | -9.85 | 0.14 |
| 22Q3 (15) | 1.62 | 8.0 | -15.62 | 7.95 | -6.91 | 7.14 | 56.18 | -7.23 | 18.77 | 11.45 | 7.51 | -6.61 | 29.14 | -4.46 | 0.28 | 38.48 | -5.48 | 26.12 |
| 22Q2 (14) | 1.50 | -11.24 | -21.47 | 8.54 | 10.91 | -6.05 | 60.56 | 12.19 | 27.39 | 10.65 | -9.82 | 6.39 | 30.50 | 27.46 | -9.36 | 40.71 | -2.72 | 70.26 |
| 22Q1 (13) | 1.69 | -14.21 | -12.89 | 7.70 | 19.94 | -31.8 | 53.98 | 16.89 | 15.17 | 11.81 | -16.65 | 46.53 | 23.93 | -6.92 | -33.58 | 41.85 | 20.81 | 121.55 |
| 21Q4 (12) | 1.97 | 2.6 | -12.83 | 6.42 | -13.48 | -33.68 | 46.18 | -2.37 | 14.85 | 14.17 | 15.58 | 50.74 | 25.71 | -11.53 | -8.37 | 34.64 | 13.54 | 60.74 |
| 21Q3 (11) | 1.92 | 0.52 | -29.93 | 7.42 | -18.37 | -13.82 | 47.30 | -0.5 | 42.38 | 12.26 | 22.48 | 15.99 | 29.06 | -13.64 | 20.43 | 30.51 | 27.6 | 55.19 |
| 21Q2 (10) | 1.91 | -1.55 | -29.78 | 9.09 | -19.49 | 4.36 | 47.54 | 1.43 | 42.17 | 10.01 | 24.19 | -4.21 | 33.65 | -6.61 | 16.36 | 23.91 | 26.57 | 59.72 |
| 21Q1 (9) | 1.94 | -14.16 | -21.14 | 11.29 | 16.63 | 39.73 | 46.87 | 16.56 | 26.88 | 8.06 | -14.26 | -28.48 | 36.03 | 28.4 | -13.8 | 18.89 | -12.34 | 194.7 |
| 20Q4 (8) | 2.26 | -17.52 | -16.3 | 9.68 | 12.43 | 27.87 | 40.21 | 21.04 | 19.32 | 9.40 | -11.07 | -21.86 | 28.06 | 16.29 | -32.93 | 21.55 | 9.61 | 453.98 |
| 20Q3 (7) | 2.74 | 0.74 | -12.46 | 8.61 | -1.15 | 33.49 | 33.22 | -0.66 | 14.32 | 10.57 | 1.15 | -25.09 | 24.13 | -16.56 | -37.6 | 19.66 | 31.33 | 336.89 |
| 20Q2 (6) | 2.72 | 10.57 | -9.63 | 8.71 | 7.8 | 48.13 | 33.44 | -9.47 | 10.66 | 10.45 | -7.28 | -32.45 | 28.92 | -30.81 | -33.13 | 14.97 | 133.54 | 513.52 |
| 20Q1 (5) | 2.46 | -8.89 | 9.82 | 8.08 | 6.74 | 68.68 | 36.94 | 9.61 | -9.22 | 11.27 | -6.32 | -40.65 | 41.80 | -0.1 | -13.21 | 6.41 | 64.78 | -44.36 |
| 19Q4 (4) | 2.70 | -13.74 | 0.0 | 7.57 | 17.36 | 0.0 | 33.70 | 15.97 | 0.0 | 12.03 | -14.74 | 0.0 | 41.84 | 8.2 | 0.0 | 3.89 | -13.56 | 0.0 |
| 19Q3 (3) | 3.13 | 3.99 | 0.0 | 6.45 | 9.69 | 0.0 | 29.06 | -3.84 | 0.0 | 14.11 | -8.79 | 0.0 | 38.67 | -10.59 | 0.0 | 4.50 | 84.43 | 0.0 |
| 19Q2 (2) | 3.01 | 34.37 | 0.0 | 5.88 | 22.76 | 0.0 | 30.22 | -25.73 | 0.0 | 15.47 | -18.54 | 0.0 | 43.25 | -10.2 | 0.0 | 2.44 | -78.82 | 0.0 |
| 19Q1 (1) | 2.24 | 0.0 | 0.0 | 4.79 | 0.0 | 0.0 | 40.69 | 0.0 | 0.0 | 18.99 | 0.0 | 0.0 | 48.16 | 0.0 | 0.0 | 11.52 | 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) | 5.89 | -20.19 | 47.60 | 53.6 | 61.95 | 25.23 | 7.67 | -34.89 | 29.56 | 18.52 | 40.06 | 10.33 |
| 2022 (9) | 7.38 | -1.34 | 30.99 | 7.08 | 49.47 | 1.39 | 11.78 | -6.58 | 24.94 | -9.41 | 36.31 | 7.17 |
| 2021 (8) | 7.48 | -16.61 | 28.94 | -23.07 | 48.79 | 19.88 | 12.61 | 30.0 | 27.53 | -32.84 | 33.88 | 260.04 |
| 2020 (7) | 8.97 | -10.48 | 37.62 | 58.47 | 40.70 | 11.75 | 9.70 | -36.93 | 40.99 | -13.49 | 9.41 | 113.38 |
| 2019 (6) | 10.02 | 5.25 | 23.74 | 68.37 | 36.42 | -5.03 | 15.38 | -40.57 | 47.38 | -18.3 | 4.41 | -29.33 |
| 2018 (5) | 9.52 | 13.88 | 14.10 | -10.65 | 38.35 | -12.16 | 25.88 | 11.94 | 57.99 | -7.53 | 6.24 | 53.32 |
| 2017 (4) | 8.36 | 20.81 | 15.78 | -14.56 | 43.66 | -17.17 | 23.12 | 17.0 | 62.71 | 57.33 | 4.07 | -87.52 |
| 2016 (3) | 6.92 | 11.61 | 18.47 | 23.63 | 52.71 | -10.54 | 19.76 | -19.15 | 39.86 | 40.65 | 32.61 | -40.72 |
| 2015 (2) | 6.20 | 16.1 | 14.94 | -18.0 | 58.92 | -13.87 | 24.44 | 22.02 | 28.34 | 4.04 | 55.01 | -10.11 |
| 2014 (1) | 5.34 | -11.74 | 18.22 | -26.53 | 68.41 | 13.45 | 20.03 | 36.07 | 27.24 | 14.45 | 61.20 | 19.48 |
