- 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) | 4.67 | -3.31 | -13.2 | 1.71 | -0.58 | -13.2 | 19.49 | 3.4 | 15.33 | 53.20 | 0.36 | 15.28 | 13.36 | -1.62 | 23.7 | 59.33 | 1.8 | 13.55 |
| 23Q3 (19) | 4.83 | -2.62 | -8.87 | 1.72 | 4.24 | -4.97 | 18.85 | 2.67 | 9.78 | 53.01 | -3.97 | 5.26 | 13.58 | 2.41 | 39.0 | 58.28 | -3.35 | 0.9 |
| 23Q2 (18) | 4.96 | 0.2 | -4.62 | 1.65 | -2.37 | -1.79 | 18.36 | -0.16 | 4.97 | 55.20 | 2.39 | 1.79 | 13.26 | -0.38 | 15.4 | 60.30 | 2.22 | 0.12 |
| 23Q1 (17) | 4.95 | -7.99 | -1.79 | 1.69 | -14.21 | -7.65 | 18.39 | 8.82 | 1.88 | 53.91 | 16.81 | 8.45 | 13.31 | 23.24 | -12.43 | 58.99 | 12.9 | 12.23 |
| 22Q4 (16) | 5.38 | 1.51 | -6.27 | 1.97 | 8.84 | 0.51 | 16.90 | -1.57 | 6.56 | 46.15 | -8.36 | -0.6 | 10.80 | 10.54 | -26.83 | 52.25 | -9.54 | 9.93 |
| 22Q3 (15) | 5.30 | 1.92 | -0.38 | 1.81 | 7.74 | 26.57 | 17.17 | -1.83 | 0.47 | 50.36 | -7.14 | -21.08 | 9.77 | -14.97 | -18.38 | 57.76 | -4.1 | -16.2 |
| 22Q2 (14) | 5.20 | 3.17 | -0.76 | 1.68 | -8.2 | 11.26 | 17.49 | -3.1 | 0.81 | 54.23 | 9.09 | -10.22 | 11.49 | -24.41 | 13.65 | 60.23 | 14.59 | -10.96 |
| 22Q1 (13) | 5.04 | -12.2 | 8.15 | 1.83 | -6.63 | -24.38 | 18.05 | 13.81 | -7.53 | 49.71 | 7.06 | 31.96 | 15.20 | 2.98 | 11.11 | 52.56 | 10.58 | 20.8 |
| 21Q4 (12) | 5.74 | 7.89 | 14.34 | 1.96 | 37.06 | -37.18 | 15.86 | -7.2 | -12.52 | 46.43 | -27.24 | 59.17 | 14.76 | 23.31 | 5.81 | 47.53 | -31.05 | 42.52 |
| 21Q3 (11) | 5.32 | 1.53 | 9.69 | 1.43 | -5.3 | -28.14 | 17.09 | -1.5 | -8.85 | 63.81 | 5.65 | 39.2 | 11.97 | 18.4 | -37.2 | 68.93 | 1.91 | 51.39 |
| 21Q2 (10) | 5.24 | 12.45 | 18.82 | 1.51 | -37.6 | -10.12 | 17.35 | -11.12 | -15.94 | 60.40 | 60.34 | 11.34 | 10.11 | -26.1 | -47.12 | 67.64 | 55.46 | 21.28 |
| 21Q1 (9) | 4.66 | -7.17 | 6.39 | 2.42 | -22.44 | 20.4 | 19.52 | 7.67 | -6.15 | 37.67 | 29.14 | -16.97 | 13.68 | -1.94 | -13.09 | 43.51 | 30.46 | -13.72 |
| 20Q4 (8) | 5.02 | 3.51 | 10.33 | 3.12 | 56.78 | 24.8 | 18.13 | -3.31 | -9.26 | 29.17 | -36.37 | -19.99 | 13.95 | -26.81 | -3.86 | 33.35 | -26.75 | -20.48 |
| 20Q3 (7) | 4.85 | 9.98 | 8.02 | 1.99 | 18.45 | -11.56 | 18.75 | -9.16 | -7.41 | 45.84 | -15.5 | 13.41 | 19.06 | -0.31 | 48.21 | 45.53 | -18.36 | -4.79 |
| 20Q2 (6) | 4.41 | 0.68 | -0.23 | 1.68 | -16.42 | -31.98 | 20.64 | -0.77 | 0.29 | 54.25 | 19.57 | 47.14 | 19.12 | 21.47 | 37.65 | 55.77 | 10.59 | 28.03 |
| 20Q1 (5) | 4.38 | -3.74 | 1.15 | 2.01 | -19.6 | -23.57 | 20.80 | 4.1 | -1.09 | 45.37 | 24.44 | 31.09 | 15.74 | 8.48 | -11.27 | 50.43 | 20.24 | 33.06 |
| 19Q4 (4) | 4.55 | 1.34 | 0.0 | 2.50 | 11.11 | 0.0 | 19.98 | -1.33 | 0.0 | 36.46 | -9.8 | 0.0 | 14.51 | 12.83 | 0.0 | 41.94 | -12.3 | 0.0 |
| 19Q3 (3) | 4.49 | 1.58 | 0.0 | 2.25 | -8.91 | 0.0 | 20.25 | -1.6 | 0.0 | 40.42 | 9.63 | 0.0 | 12.86 | -7.42 | 0.0 | 47.82 | 9.78 | 0.0 |
| 19Q2 (2) | 4.42 | 2.08 | 0.0 | 2.47 | -6.08 | 0.0 | 20.58 | -2.14 | 0.0 | 36.87 | 6.53 | 0.0 | 13.89 | -21.7 | 0.0 | 43.56 | 14.93 | 0.0 |
| 19Q1 (1) | 4.33 | 0.0 | 0.0 | 2.63 | 0.0 | 0.0 | 21.03 | 0.0 | 0.0 | 34.61 | 0.0 | 0.0 | 17.74 | 0.0 | 0.0 | 37.90 | 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) | 17.64 | -11.53 | 6.42 | -14.06 | 20.69 | 13.06 | 56.88 | 16.37 | 13.62 | -6.26 | 63.95 | 21.44 |
| 2022 (9) | 19.94 | 2.94 | 7.47 | -27.83 | 18.30 | -2.87 | 48.88 | 38.63 | 14.53 | -6.26 | 52.66 | 36.39 |
| 2021 (8) | 19.37 | 12.16 | 10.35 | -8.16 | 18.84 | -10.88 | 35.26 | 8.83 | 15.50 | -7.41 | 38.61 | 4.92 |
| 2020 (7) | 17.27 | 0.12 | 11.27 | 21.97 | 21.14 | -0.09 | 32.40 | -17.97 | 16.74 | -11.99 | 36.80 | -11.62 |
| 2019 (6) | 17.25 | -0.23 | 9.24 | 16.23 | 21.16 | 0.24 | 39.50 | -13.98 | 19.02 | -15.09 | 41.64 | -6.7 |
| 2018 (5) | 17.29 | 0.12 | 7.95 | 13.9 | 21.11 | -0.09 | 45.92 | -12.2 | 22.40 | 6.01 | 44.63 | -14.68 |
| 2017 (4) | 17.27 | -6.04 | 6.98 | -8.4 | 21.13 | 6.39 | 52.30 | 9.23 | 21.13 | 53.56 | 52.31 | -3.11 |
| 2016 (3) | 18.38 | -1.92 | 7.62 | -6.5 | 19.86 | 2.0 | 47.88 | 6.92 | 13.76 | 56.54 | 53.99 | -2.65 |
| 2015 (2) | 18.74 | -15.89 | 8.15 | -36.03 | 19.47 | 18.79 | 44.78 | 56.35 | 8.79 | 33.18 | 55.46 | 44.31 |
| 2014 (1) | 22.28 | 3.97 | 12.74 | 11.17 | 16.39 | -3.76 | 28.64 | -10.05 | 6.60 | -15.71 | 38.43 | -6.36 |
