- 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) | 1.75 | 4.79 | -38.6 | 0.39 | -31.58 | -54.12 | 52.13 | -4.07 | 63.31 | 232.64 | 45.05 | 117.52 | 72.29 | 31.7 | 8.41 | 212.47 | 32.93 | 194.28 |
| 23Q3 (19) | 1.67 | 22.79 | -42.21 | 0.57 | -3.39 | -30.49 | 54.34 | -18.85 | 72.78 | 160.39 | 4.76 | 45.31 | 54.89 | -16.93 | -23.25 | 159.84 | 3.81 | 127.34 |
| 23Q2 (18) | 1.36 | -19.53 | -51.94 | 0.59 | -11.94 | -31.4 | 66.96 | 24.07 | 108.27 | 153.10 | 13.41 | 44.0 | 66.08 | -8.36 | -4.0 | 153.98 | 31.76 | 121.11 |
| 23Q1 (17) | 1.69 | -40.7 | -44.22 | 0.67 | -21.18 | -21.18 | 53.97 | 69.08 | 79.72 | 135.00 | 26.23 | 26.52 | 72.11 | 8.14 | 8.09 | 116.86 | 61.86 | 66.9 |
| 22Q4 (16) | 2.85 | -1.38 | -10.66 | 0.85 | 3.66 | 10.39 | 31.92 | 1.49 | 11.73 | 106.95 | -3.11 | -10.02 | 66.68 | -6.77 | -9.62 | 72.20 | 2.69 | -1.97 |
| 22Q3 (15) | 2.89 | 2.12 | -12.69 | 0.82 | -4.65 | -9.89 | 31.45 | -2.18 | 14.36 | 110.38 | 3.82 | 10.45 | 71.52 | 3.91 | 3.94 | 70.31 | 0.96 | 19.92 |
| 22Q2 (14) | 2.83 | -6.6 | 4.43 | 0.86 | 1.18 | -6.52 | 32.15 | 7.06 | -4.17 | 106.32 | -0.36 | 7.46 | 68.83 | 3.18 | -15.63 | 69.64 | -0.54 | 36.82 |
| 22Q1 (13) | 3.03 | -5.02 | -10.36 | 0.85 | 10.39 | -32.0 | 30.03 | 5.11 | 11.55 | 106.70 | -10.23 | 46.14 | 66.71 | -9.58 | -7.88 | 70.02 | -4.93 | 154.53 |
| 21Q4 (12) | 3.19 | -3.63 | -7.27 | 0.77 | -15.38 | -43.38 | 28.57 | 3.89 | 8.06 | 118.86 | 18.93 | 77.24 | 73.78 | 7.22 | -1.56 | 73.65 | 25.62 | 297.04 |
| 21Q3 (11) | 3.31 | 22.14 | 19.49 | 0.91 | -1.09 | -44.85 | 27.50 | -18.03 | -16.26 | 99.94 | 1.01 | 81.05 | 68.81 | -15.65 | 7.26 | 58.63 | 15.19 | 145.52 |
| 21Q2 (10) | 2.71 | -19.82 | -1.45 | 0.92 | -26.4 | -38.26 | 33.55 | 24.63 | 1.42 | 98.94 | 35.52 | 62.01 | 81.58 | 12.65 | 53.06 | 50.90 | 85.02 | 24.6 |
| 21Q1 (9) | 3.38 | -1.74 | 59.43 | 1.25 | -8.09 | 31.58 | 26.92 | 1.82 | -37.35 | 73.01 | 8.87 | -24.07 | 72.42 | -3.38 | -10.53 | 27.51 | 48.3 | -52.72 |
| 20Q4 (8) | 3.44 | 24.19 | 25.55 | 1.36 | -17.58 | -2.86 | 26.44 | -19.49 | -20.51 | 67.06 | 21.49 | 3.38 | 74.95 | 16.84 | 4.71 | 18.55 | -22.32 | -30.11 |
| 20Q3 (7) | 2.77 | 0.73 | 8.2 | 1.65 | 10.74 | 3.12 | 32.84 | -0.73 | -7.62 | 55.20 | -9.61 | -2.65 | 64.15 | 20.36 | -11.3 | 23.88 | -41.54 | 19.76 |
| 20Q2 (6) | 2.75 | 29.72 | 23.87 | 1.49 | 56.84 | -9.15 | 33.08 | -23.02 | -19.43 | 61.07 | -36.49 | 10.0 | 53.30 | -34.15 | -14.57 | 40.85 | -29.8 | 19.48 |
| 20Q1 (5) | 2.12 | -22.63 | 12.77 | 0.95 | -32.14 | -22.76 | 42.97 | 29.19 | -11.35 | 96.16 | 48.23 | 29.86 | 80.94 | 13.08 | 12.95 | 58.19 | 119.25 | 14.41 |
| 19Q4 (4) | 2.74 | 7.03 | 0.0 | 1.40 | -12.5 | 0.0 | 33.26 | -6.44 | 0.0 | 64.87 | 14.41 | 0.0 | 71.58 | -1.02 | 0.0 | 26.54 | 33.1 | 0.0 |
| 19Q3 (3) | 2.56 | 15.32 | 0.0 | 1.60 | -2.44 | 0.0 | 35.55 | -13.42 | 0.0 | 56.70 | 2.13 | 0.0 | 72.32 | 15.92 | 0.0 | 19.94 | -41.68 | 0.0 |
| 19Q2 (2) | 2.22 | 18.09 | 0.0 | 1.64 | 33.33 | 0.0 | 41.06 | -15.29 | 0.0 | 55.52 | -25.02 | 0.0 | 62.39 | -12.94 | 0.0 | 34.19 | -32.78 | 0.0 |
| 19Q1 (1) | 1.88 | 0.0 | 0.0 | 1.23 | 0.0 | 0.0 | 48.47 | 0.0 | 0.0 | 74.05 | 0.0 | 0.0 | 71.66 | 0.0 | 0.0 | 50.86 | 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) | 8.86 | -29.06 | 2.24 | -34.31 | 41.19 | 40.92 | 162.89 | 52.12 | 72.16 | 18.33 | 131.92 | 75.15 |
| 2022 (9) | 12.49 | -16.4 | 3.41 | -14.32 | 29.23 | 19.65 | 107.08 | 16.76 | 60.98 | -10.31 | 75.32 | 56.4 |
| 2021 (8) | 14.94 | 20.68 | 3.98 | -17.6 | 24.43 | -17.13 | 91.71 | 21.33 | 67.99 | -9.21 | 48.16 | 59.63 |
| 2020 (7) | 12.38 | 8.5 | 4.83 | -15.85 | 29.48 | -7.82 | 75.59 | 18.93 | 74.89 | 20.17 | 30.17 | -9.18 |
| 2019 (6) | 11.41 | -8.13 | 5.74 | -6.06 | 31.98 | 8.85 | 63.56 | 6.47 | 62.32 | -1.92 | 33.22 | 30.02 |
| 2018 (5) | 12.42 | -5.26 | 6.11 | 4.09 | 29.38 | 5.53 | 59.70 | -4.02 | 63.54 | -9.96 | 25.55 | 31.29 |
| 2017 (4) | 13.11 | 3.8 | 5.87 | -5.63 | 27.84 | -3.7 | 62.20 | 6.07 | 70.57 | 2.04 | 19.46 | 5.88 |
| 2016 (3) | 12.63 | -14.83 | 6.22 | -16.06 | 28.91 | 17.47 | 58.64 | 19.02 | 69.16 | 10.41 | 18.38 | 63.52 |
| 2015 (2) | 14.83 | -1.85 | 7.41 | 4.37 | 24.61 | 1.86 | 49.27 | -4.13 | 62.64 | -6.24 | 11.24 | 28.6 |
| 2014 (1) | 15.11 | 5.74 | 7.10 | 6.61 | 24.16 | -5.44 | 51.39 | -6.21 | 66.81 | -4.23 | 8.74 | -17.39 |
