- 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) | 1.68 | 0.0 | 3.07 | 2.38 | 73.72 | 63.01 | 54.19 | 0.09 | -2.8 | 38.30 | -42.45 | -38.65 | 45.25 | -7.97 | -3.39 | 47.25 | -33.93 | -33.77 |
| 23Q3 (19) | 1.68 | -23.29 | 9.09 | 1.37 | -1.44 | 9.6 | 54.14 | 30.21 | -8.14 | 66.55 | 1.32 | -8.46 | 49.17 | 2.78 | 7.05 | 71.52 | 20.36 | -16.57 |
| 23Q2 (18) | 2.19 | 45.03 | -12.05 | 1.39 | -1.42 | 3.73 | 41.58 | -31.09 | 13.61 | 65.68 | 1.62 | -3.53 | 47.84 | -10.14 | 0.25 | 59.42 | -17.16 | 4.32 |
| 23Q1 (17) | 1.51 | -7.36 | 3.42 | 1.41 | -3.42 | 13.71 | 60.34 | 8.23 | -3.49 | 64.63 | 3.52 | -12.14 | 53.24 | 13.66 | -17.35 | 71.73 | 0.55 | 0.1 |
| 22Q4 (16) | 1.63 | 5.84 | -15.1 | 1.46 | 16.8 | -14.62 | 55.75 | -5.41 | 17.74 | 62.43 | -14.13 | 17.59 | 46.84 | 1.98 | 3.19 | 71.34 | -16.78 | 29.61 |
| 22Q3 (15) | 1.54 | -38.15 | -18.52 | 1.25 | -6.72 | -13.79 | 58.94 | 61.04 | 22.18 | 72.70 | 6.79 | 16.04 | 45.93 | -3.75 | -10.31 | 85.72 | 50.49 | 43.63 |
| 22Q2 (14) | 2.49 | 70.55 | -5.68 | 1.34 | 8.06 | -10.07 | 36.60 | -41.46 | 6.06 | 68.08 | -7.45 | 11.52 | 47.72 | -25.92 | -7.84 | 56.96 | -20.51 | 30.13 |
| 22Q1 (13) | 1.46 | -23.96 | -14.62 | 1.24 | -27.49 | -6.06 | 62.52 | 32.04 | 17.25 | 73.56 | 38.56 | 6.72 | 64.42 | 41.93 | 9.76 | 71.66 | 30.2 | 12.74 |
| 21Q4 (12) | 1.92 | 1.59 | 7.87 | 1.71 | 17.93 | -4.47 | 47.35 | -1.84 | -7.41 | 53.09 | -15.26 | 4.28 | 45.39 | -11.36 | 1.89 | 55.04 | -7.77 | -4.26 |
| 21Q3 (11) | 1.89 | -28.41 | 0.0 | 1.45 | -2.68 | -11.59 | 48.24 | 39.79 | 0.12 | 62.65 | 2.62 | 13.19 | 51.21 | -1.1 | 19.82 | 59.68 | 36.35 | -1.83 |
| 21Q2 (10) | 2.64 | 54.39 | 14.29 | 1.49 | 12.88 | -1.97 | 34.51 | -35.28 | -12.57 | 61.05 | -11.43 | 1.68 | 51.78 | -11.77 | 15.79 | 43.77 | -31.14 | -20.11 |
| 21Q1 (9) | 1.71 | -3.93 | 6.87 | 1.32 | -26.26 | -8.97 | 53.32 | 4.26 | -6.42 | 68.93 | 35.4 | 10.11 | 58.69 | 31.74 | 28.12 | 63.56 | 10.56 | -13.83 |
| 20Q4 (8) | 1.78 | -5.82 | 1.71 | 1.79 | 9.15 | 7.83 | 51.14 | 6.14 | -1.6 | 50.91 | -8.02 | -7.15 | 44.55 | 4.23 | 10.46 | 57.49 | -5.43 | -13.52 |
| 20Q3 (7) | 1.89 | -18.18 | -11.68 | 1.64 | 7.89 | 10.81 | 48.18 | 22.07 | 13.34 | 55.35 | -7.81 | -10.04 | 42.74 | -4.43 | -2.04 | 60.79 | 10.95 | 0.61 |
| 20Q2 (6) | 2.31 | 44.38 | 48.08 | 1.52 | 4.83 | 4.83 | 39.47 | -30.73 | -32.43 | 60.04 | -4.09 | -4.27 | 44.72 | -2.38 | 11.86 | 54.79 | -25.72 | -32.48 |
| 20Q1 (5) | 1.60 | -8.57 | 34.45 | 1.45 | -12.65 | 46.46 | 56.98 | 9.64 | -25.61 | 62.60 | 14.17 | -32.24 | 45.81 | 13.59 | 31.56 | 73.76 | 10.95 | -45.02 |
| 19Q4 (4) | 1.75 | -18.22 | 0.0 | 1.66 | 12.16 | 0.0 | 51.97 | 22.25 | 0.0 | 54.83 | -10.89 | 0.0 | 40.33 | -7.56 | 0.0 | 66.48 | 10.03 | 0.0 |
| 19Q3 (3) | 2.14 | 37.18 | 0.0 | 1.48 | 2.07 | 0.0 | 42.51 | -27.22 | 0.0 | 61.53 | -1.9 | 0.0 | 43.63 | 9.13 | 0.0 | 60.42 | -25.55 | 0.0 |
| 19Q2 (2) | 1.56 | 31.09 | 0.0 | 1.45 | 46.46 | 0.0 | 58.41 | -23.75 | 0.0 | 62.72 | -32.11 | 0.0 | 39.98 | 14.82 | 0.0 | 81.15 | -39.51 | 0.0 |
| 19Q1 (1) | 1.19 | 0.0 | 0.0 | 0.99 | 0.0 | 0.0 | 76.60 | 0.0 | 0.0 | 92.38 | 0.0 | 0.0 | 34.82 | 0.0 | 0.0 | 134.15 | 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) | 5.11 | -17.58 | 6.73 | 20.39 | 71.45 | 21.29 | 54.23 | -16.97 | 66.81 | 9.22 | 58.87 | -6.63 |
| 2022 (9) | 6.20 | -4.76 | 5.59 | -5.09 | 58.91 | 5.01 | 65.31 | 5.39 | 61.17 | 2.19 | 63.05 | 8.31 |
| 2021 (8) | 6.51 | -0.91 | 5.89 | -4.54 | 56.10 | 1.03 | 61.97 | 4.75 | 59.86 | 20.73 | 58.21 | -10.6 |
| 2020 (7) | 6.57 | -12.05 | 6.17 | 1.15 | 55.53 | 13.7 | 59.16 | -1.07 | 49.58 | 87.38 | 65.11 | -20.77 |
| 2019 (6) | 7.47 | 16.36 | 6.10 | 39.27 | 48.84 | -14.03 | 59.80 | -28.31 | 26.46 | 142.75 | 82.18 | -36.46 |
| 2018 (5) | 6.42 | 7.36 | 4.38 | 2.58 | 56.81 | -7.01 | 83.42 | -2.41 | 10.90 | -20.73 | 129.34 | -2.62 |
| 2017 (4) | 5.98 | -2.45 | 4.27 | -3.83 | 61.09 | 2.55 | 85.48 | 4.09 | 13.75 | 42.05 | 132.82 | 0.61 |
| 2016 (3) | 6.13 | 1.32 | 4.44 | 0.23 | 59.57 | -1.23 | 82.12 | -0.33 | 9.68 | 27.54 | 132.01 | -2.29 |
| 2015 (2) | 6.05 | -2.26 | 4.43 | -7.13 | 60.31 | 2.2 | 82.39 | 7.73 | 7.59 | -16.96 | 135.10 | 6.93 |
| 2014 (1) | 6.19 | -1.12 | 4.77 | -4.98 | 59.01 | 1.27 | 76.48 | 5.1 | 9.14 | -11.35 | 126.34 | 4.65 |
