- 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) | 9.74 | -15.74 | -12.01 | 15.61 | 4.41 | 4.34 | 9.34 | 18.68 | 13.63 | 5.83 | -4.27 | -4.11 | 32.40 | 11.23 | 9.98 | -17.24 | -13.65 | -13.72 |
| 23Q3 (19) | 11.56 | -5.48 | -7.81 | 14.95 | 4.25 | -15.58 | 7.87 | 5.78 | 8.4 | 6.09 | -4.09 | 18.48 | 29.13 | 17.55 | 21.27 | -15.17 | -38.03 | -30.44 |
| 23Q2 (18) | 12.23 | 8.04 | -1.69 | 14.34 | -0.42 | -15.6 | 7.44 | -7.46 | 1.64 | 6.35 | 0.47 | 18.47 | 24.78 | -9.89 | 6.35 | -10.99 | 16.36 | -3.39 |
| 23Q1 (17) | 11.32 | 2.26 | -3.5 | 14.40 | -3.74 | -8.1 | 8.04 | -2.19 | 3.61 | 6.32 | 3.95 | 8.78 | 27.50 | -6.65 | 0.66 | -13.14 | 13.32 | 4.51 |
| 22Q4 (16) | 11.07 | -11.72 | -14.19 | 14.96 | -15.53 | -7.14 | 8.22 | 13.22 | 16.6 | 6.08 | 18.29 | 7.61 | 29.46 | 22.65 | 3.55 | -15.16 | -30.35 | 3.75 |
| 22Q3 (15) | 12.54 | 0.8 | -13.7 | 17.71 | 4.24 | 11.59 | 7.26 | -0.82 | 15.97 | 5.14 | -4.1 | -10.3 | 24.02 | 3.09 | -6.68 | -11.63 | -9.41 | 15.36 |
| 22Q2 (14) | 12.44 | 6.05 | -12.95 | 16.99 | 8.42 | 3.79 | 7.32 | -5.67 | 14.91 | 5.36 | -7.75 | -3.6 | 23.30 | -14.71 | -4.63 | -10.63 | 22.75 | 15.03 |
| 22Q1 (13) | 11.73 | -9.07 | -18.26 | 15.67 | -2.73 | -7.44 | 7.76 | 10.07 | 22.4 | 5.81 | 2.83 | 8.19 | 27.32 | -3.97 | 15.32 | -13.76 | 12.63 | -14.86 |
| 21Q4 (12) | 12.90 | -11.22 | -21.77 | 16.11 | 1.51 | -2.01 | 7.05 | 12.62 | 27.72 | 5.65 | -1.4 | 1.99 | 28.45 | 10.53 | 15.6 | -15.75 | -14.63 | -16.24 |
| 21Q3 (11) | 14.53 | 1.68 | -17.91 | 15.87 | -3.05 | -8.0 | 6.26 | -1.73 | 21.79 | 5.73 | 3.06 | 8.52 | 25.74 | 5.36 | 6.98 | -13.74 | -9.83 | -0.66 |
| 21Q2 (10) | 14.29 | -0.42 | -7.81 | 16.37 | -3.31 | -2.96 | 6.37 | 0.47 | 8.52 | 5.56 | 3.54 | 3.15 | 24.43 | 3.12 | 1.5 | -12.51 | -4.42 | 2.34 |
| 21Q1 (9) | 14.35 | -12.98 | -22.47 | 16.93 | 2.98 | -13.31 | 6.34 | 14.86 | 28.86 | 5.37 | -3.07 | 15.24 | 23.69 | -3.74 | 6.52 | -11.98 | 11.59 | 5.37 |
| 20Q4 (8) | 16.49 | -6.84 | 13.18 | 16.44 | -4.7 | -22.34 | 5.52 | 7.39 | -11.68 | 5.54 | 4.92 | 28.84 | 24.61 | 2.29 | -20.41 | -13.55 | 0.73 | 33.51 |
| 20Q3 (7) | 17.70 | 14.19 | 45.32 | 17.25 | 2.25 | -24.28 | 5.14 | -12.44 | -31.19 | 5.28 | -2.04 | 32.33 | 24.06 | -0.04 | -29.17 | -13.65 | -6.56 | 39.36 |
| 20Q2 (6) | 15.50 | -16.26 | 25.61 | 16.87 | -13.62 | -26.59 | 5.87 | 19.31 | -20.35 | 5.39 | 15.67 | 36.11 | 24.07 | 8.23 | -19.69 | -12.81 | -1.18 | 31.28 |
| 20Q1 (5) | 18.51 | 27.04 | 47.96 | 19.53 | -7.75 | -14.57 | 4.92 | -21.28 | -32.32 | 4.66 | 8.37 | 17.09 | 22.24 | -28.07 | -25.92 | -12.66 | 37.88 | 32.52 |
| 19Q4 (4) | 14.57 | 19.62 | 0.0 | 21.17 | -7.07 | 0.0 | 6.25 | -16.33 | 0.0 | 4.30 | 7.77 | 0.0 | 30.92 | -8.98 | 0.0 | -20.38 | 9.46 | 0.0 |
| 19Q3 (3) | 12.18 | -1.3 | 0.0 | 22.78 | -0.87 | 0.0 | 7.47 | 1.36 | 0.0 | 3.99 | 0.76 | 0.0 | 33.97 | 13.35 | 0.0 | -22.51 | -20.76 | 0.0 |
| 19Q2 (2) | 12.34 | -1.36 | 0.0 | 22.98 | 0.52 | 0.0 | 7.37 | 1.38 | 0.0 | 3.96 | -0.5 | 0.0 | 29.97 | -0.17 | 0.0 | -18.64 | 0.64 | 0.0 |
| 19Q1 (1) | 12.51 | 0.0 | 0.0 | 22.86 | 0.0 | 0.0 | 7.27 | 0.0 | 0.0 | 3.98 | 0.0 | 0.0 | 30.02 | 0.0 | 0.0 | -18.76 | 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) | 42.64 | -8.18 | 63.39 | 5.97 | 8.56 | 8.91 | 5.76 | -5.57 | 31.06 | -3.09 | -16.74 | 0 |
| 2022 (9) | 46.44 | -6.48 | 59.82 | -3.24 | 7.86 | 6.94 | 6.10 | 3.39 | 32.05 | 9.39 | -18.09 | 0 |
| 2021 (8) | 49.66 | -28.29 | 61.82 | -16.67 | 7.35 | 39.47 | 5.90 | 19.92 | 29.30 | 23.37 | -16.05 | 0 |
| 2020 (7) | 69.25 | 5.58 | 74.19 | -17.85 | 5.27 | -5.22 | 4.92 | 21.78 | 23.75 | -9.83 | -13.56 | 0 |
| 2019 (6) | 65.59 | 16.07 | 90.31 | 1.77 | 5.56 | -13.93 | 4.04 | -1.7 | 26.34 | -12.05 | -16.73 | 0 |
| 2018 (5) | 56.51 | -7.98 | 88.74 | 7.63 | 6.46 | 8.75 | 4.11 | -7.22 | 29.95 | 3.63 | -19.38 | 0 |
| 2017 (4) | 61.41 | -9.04 | 82.45 | 3.65 | 5.94 | 9.8 | 4.43 | -3.49 | 28.90 | 14.27 | -18.53 | 0 |
| 2016 (3) | 67.51 | -16.63 | 79.55 | 6.84 | 5.41 | 19.96 | 4.59 | -6.33 | 25.29 | 14.07 | -15.30 | 0 |
| 2015 (2) | 80.98 | -4.62 | 74.46 | 6.63 | 4.51 | 4.88 | 4.90 | -6.31 | 22.17 | -1.51 | -12.76 | 0 |
| 2014 (1) | 84.90 | 23.35 | 69.83 | 12.61 | 4.30 | -18.87 | 5.23 | -11.21 | 22.51 | -14.67 | -12.99 | 0 |
