- 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) | 1.43 | -15.88 | 16.26 | 0.96 | -11.93 | 2.13 | 63.48 | 18.94 | -14.39 | 94.85 | 13.95 | -2.36 | 34.85 | 38.46 | -9.06 | 123.48 | 10.79 | -7.14 |
| 23Q3 (19) | 1.70 | 25.0 | 15.65 | 1.09 | 39.74 | -8.4 | 53.37 | -20.31 | -13.82 | 83.24 | -28.56 | 8.6 | 25.17 | -22.65 | -21.78 | 111.45 | -26.17 | 4.75 |
| 23Q2 (18) | 1.36 | -5.56 | -33.33 | 0.78 | -4.88 | -32.17 | 66.97 | 5.66 | 50.16 | 116.52 | 4.45 | 47.72 | 32.54 | -14.99 | -0.52 | 150.95 | 10.46 | 66.3 |
| 23Q1 (17) | 1.44 | 17.07 | -8.28 | 0.82 | -12.77 | 13.89 | 63.38 | -14.52 | 9.58 | 111.56 | 14.84 | -11.36 | 38.28 | -0.1 | -27.65 | 136.65 | 2.77 | 4.49 |
| 22Q4 (16) | 1.23 | -16.33 | 0.82 | 0.94 | -21.01 | -4.08 | 74.15 | 19.73 | -0.87 | 97.14 | 26.73 | 5.1 | 38.32 | 19.08 | -8.83 | 132.97 | 24.97 | 6.2 |
| 22Q3 (15) | 1.47 | -27.94 | -15.52 | 1.19 | 3.48 | 0.0 | 61.93 | 38.86 | 18.21 | 76.65 | -2.83 | 0.59 | 32.18 | -1.62 | 11.74 | 106.40 | 17.22 | 6.62 |
| 22Q2 (14) | 2.04 | 29.94 | 83.78 | 1.15 | 59.72 | 59.72 | 44.60 | -22.89 | -45.56 | 78.88 | -37.33 | -37.53 | 32.71 | -38.18 | -13.24 | 90.77 | -30.59 | -46.76 |
| 22Q1 (13) | 1.57 | 28.69 | 0.0 | 0.72 | -26.53 | -20.88 | 57.84 | -22.67 | 0.0 | 125.86 | 36.17 | 25.72 | 52.91 | 25.89 | 116.22 | 130.78 | 4.45 | -2.02 |
| 21Q4 (12) | 1.22 | -29.89 | -4.69 | 0.98 | -17.65 | 71.93 | 74.80 | 42.78 | 5.19 | 92.43 | 21.3 | -41.74 | 42.03 | 45.94 | 16.91 | 125.21 | 25.47 | -35.4 |
| 21Q3 (11) | 1.74 | 56.76 | 53.98 | 1.19 | 65.28 | 58.67 | 52.39 | -36.05 | -34.89 | 76.20 | -39.65 | -37.37 | 28.80 | -23.61 | -12.09 | 99.79 | -41.47 | -41.08 |
| 21Q2 (10) | 1.11 | -29.3 | -18.98 | 0.72 | -20.88 | -17.24 | 81.92 | 41.63 | 23.75 | 126.26 | 26.12 | 20.11 | 37.70 | 54.07 | 38.4 | 170.48 | 27.72 | 18.32 |
| 21Q1 (9) | 1.57 | 22.66 | 12.95 | 0.91 | 59.65 | 42.19 | 57.84 | -18.66 | -11.52 | 100.11 | -36.9 | -29.25 | 24.47 | -31.93 | -35.3 | 133.48 | -31.13 | -21.03 |
| 20Q4 (8) | 1.28 | 13.27 | -4.48 | 0.57 | -24.0 | -32.94 | 71.11 | -11.62 | 4.57 | 158.65 | 30.4 | 48.28 | 35.95 | 9.74 | 8.97 | 193.81 | 14.44 | 36.49 |
| 20Q3 (7) | 1.13 | -17.52 | -28.48 | 0.75 | -13.79 | -23.47 | 80.46 | 21.54 | 39.32 | 121.66 | 15.73 | 31.44 | 32.76 | 20.26 | 7.69 | 169.36 | 17.55 | 41.26 |
| 20Q2 (6) | 1.37 | -1.44 | -44.53 | 0.87 | 35.94 | -17.92 | 66.20 | 1.27 | 79.89 | 105.12 | -25.7 | 22.86 | 27.24 | -27.97 | 13.08 | 144.08 | -14.76 | 46.63 |
| 20Q1 (5) | 1.39 | 3.73 | -48.13 | 0.64 | -24.71 | -12.33 | 65.37 | -3.87 | 92.77 | 141.49 | 32.25 | 13.16 | 37.82 | 14.64 | 22.43 | 169.03 | 19.04 | 31.99 |
| 19Q4 (4) | 1.34 | -15.19 | 0.0 | 0.85 | -13.27 | 0.0 | 68.00 | 17.75 | 0.0 | 106.99 | 15.59 | 0.0 | 32.99 | 8.45 | 0.0 | 142.00 | 18.44 | 0.0 |
| 19Q3 (3) | 1.58 | -36.03 | 0.0 | 0.98 | -7.55 | 0.0 | 57.75 | 56.93 | 0.0 | 92.56 | 8.18 | 0.0 | 30.42 | 26.28 | 0.0 | 119.89 | 22.01 | 0.0 |
| 19Q2 (2) | 2.47 | -7.84 | 0.0 | 1.06 | 45.21 | 0.0 | 36.80 | 8.52 | 0.0 | 85.56 | -31.57 | 0.0 | 24.09 | -22.01 | 0.0 | 98.26 | -23.27 | 0.0 |
| 19Q1 (1) | 2.68 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 33.91 | 0.0 | 0.0 | 125.03 | 0.0 | 0.0 | 30.89 | 0.0 | 0.0 | 128.06 | 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) | 6.46 | -16.54 | 4.03 | -10.04 | 56.47 | 19.72 | 90.47 | 11.16 | 33.29 | 0.24 | 113.65 | 19.19 |
| 2022 (9) | 7.74 | -0.13 | 4.48 | 19.79 | 47.17 | 0.17 | 81.39 | -16.7 | 33.21 | 5.23 | 95.35 | -15.8 |
| 2021 (8) | 7.75 | 11.99 | 3.74 | 32.62 | 47.09 | -10.73 | 97.71 | -24.38 | 31.56 | -4.42 | 113.24 | -23.97 |
| 2020 (7) | 6.92 | -39.93 | 2.82 | -23.37 | 52.75 | 66.51 | 129.22 | 30.39 | 33.02 | 16.8 | 148.94 | 45.28 |
| 2019 (6) | 11.52 | -22.94 | 3.68 | -8.0 | 31.68 | 29.73 | 99.10 | 8.61 | 28.27 | -1.98 | 102.52 | 18.08 |
| 2018 (5) | 14.95 | 94.16 | 4.00 | 3.36 | 24.42 | -48.49 | 91.24 | -3.19 | 28.84 | 3.26 | 86.82 | -23.67 |
| 2017 (4) | 7.70 | 33.22 | 3.87 | 27.72 | 47.41 | -24.89 | 94.25 | -21.84 | 27.93 | -5.58 | 113.74 | -26.21 |
| 2016 (3) | 5.78 | -16.23 | 3.03 | -8.18 | 63.12 | 19.25 | 120.59 | 9.07 | 29.58 | -6.15 | 154.14 | 16.8 |
| 2015 (2) | 6.90 | 1.62 | 3.30 | -8.08 | 52.93 | -1.47 | 110.56 | 8.63 | 31.52 | -10.3 | 131.97 | 9.66 |
| 2014 (1) | 6.79 | 19.33 | 3.59 | -8.42 | 53.72 | -16.18 | 101.78 | 9.24 | 35.14 | -2.23 | 120.35 | -0.8 |
