- 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) | 2.12 | 13.37 | 10.99 | 2.38 | 5.78 | 7.69 | 42.98 | -11.91 | -9.86 | 38.25 | -5.27 | -7.09 | 36.34 | -1.68 | -12.12 | 44.89 | -14.02 | -5.51 |
| 23Q3 (19) | 1.87 | 3.31 | 3.31 | 2.25 | -5.06 | 6.64 | 48.79 | -3.02 | -3.19 | 40.38 | 5.16 | -6.27 | 36.96 | -0.88 | -22.12 | 52.21 | 1.52 | 13.45 |
| 23Q2 (18) | 1.81 | -7.18 | -23.31 | 2.37 | 10.75 | -15.36 | 50.31 | 7.75 | 30.57 | 38.40 | -9.9 | 17.97 | 37.29 | -10.17 | 4.31 | 51.43 | 7.59 | 45.57 |
| 23Q1 (17) | 1.95 | 2.09 | -15.58 | 2.14 | -3.17 | -2.73 | 46.69 | -2.08 | 18.38 | 42.62 | 3.52 | 3.12 | 41.51 | 0.39 | -0.98 | 47.80 | 0.61 | 23.04 |
| 22Q4 (16) | 1.91 | 5.52 | -15.49 | 2.21 | 4.74 | 19.46 | 47.68 | -5.4 | 18.61 | 41.17 | -4.43 | -16.41 | 41.35 | -12.87 | -23.08 | 47.51 | 3.24 | 33.16 |
| 22Q3 (15) | 1.81 | -23.31 | -15.02 | 2.11 | -24.64 | -5.38 | 50.40 | 30.81 | 17.89 | 43.08 | 32.35 | 5.77 | 47.46 | 32.76 | 2.55 | 46.02 | 30.26 | 23.71 |
| 22Q2 (14) | 2.36 | 2.16 | 23.56 | 2.80 | 27.27 | 21.74 | 38.53 | -2.31 | -19.31 | 32.55 | -21.24 | -17.76 | 35.75 | -14.72 | -23.32 | 35.33 | -9.06 | -13.22 |
| 22Q1 (13) | 2.31 | 2.21 | 18.46 | 2.20 | 18.92 | -10.57 | 39.44 | -1.89 | -15.38 | 41.33 | -16.08 | 11.88 | 41.92 | -22.02 | -2.53 | 38.85 | 8.88 | -4.17 |
| 21Q4 (12) | 2.26 | 6.1 | 9.18 | 1.85 | -17.04 | -26.88 | 40.20 | -5.96 | -8.49 | 49.25 | 20.92 | 37.07 | 53.76 | 16.16 | 39.09 | 35.68 | -4.09 | -13.42 |
| 21Q3 (11) | 2.13 | 11.52 | -15.14 | 2.23 | -3.04 | -21.75 | 42.75 | -10.47 | 17.83 | 40.73 | 2.91 | 27.44 | 46.28 | -0.73 | 43.37 | 37.20 | -8.62 | 3.45 |
| 21Q2 (10) | 1.91 | -2.05 | -6.83 | 2.30 | -6.5 | 13.3 | 47.75 | 2.45 | 7.57 | 39.58 | 7.15 | -11.81 | 46.62 | 8.39 | 16.58 | 40.71 | 0.42 | -17.39 |
| 21Q1 (9) | 1.95 | -5.8 | 5.41 | 2.46 | -2.77 | 20.59 | 46.61 | 6.1 | -5.19 | 36.94 | 2.81 | -17.27 | 43.01 | 11.28 | -2.09 | 40.54 | -1.63 | -18.74 |
| 20Q4 (8) | 2.07 | -17.53 | 16.29 | 2.53 | -11.23 | 2.85 | 43.93 | 21.09 | -14.25 | 35.93 | 12.42 | -2.89 | 38.65 | 19.73 | -4.57 | 41.21 | 14.6 | -13.66 |
| 20Q3 (7) | 2.51 | 22.44 | 49.4 | 2.85 | 40.39 | 7.95 | 36.28 | -18.27 | -33.2 | 31.96 | -28.79 | -7.42 | 32.28 | -19.28 | -18.67 | 35.96 | -27.03 | -26.82 |
| 20Q2 (6) | 2.05 | 10.81 | 13.26 | 2.03 | -0.49 | -6.45 | 44.39 | -9.7 | -11.92 | 44.88 | 0.52 | 6.91 | 39.99 | -8.97 | -3.62 | 49.28 | -1.22 | -3.18 |
| 20Q1 (5) | 1.85 | 3.93 | 21.71 | 2.04 | -17.07 | 15.25 | 49.16 | -4.04 | -18.0 | 44.65 | 20.68 | -13.08 | 43.93 | 8.47 | -13.85 | 49.89 | 4.53 | -17.3 |
| 19Q4 (4) | 1.78 | 5.95 | 0.0 | 2.46 | -6.82 | 0.0 | 51.23 | -5.67 | 0.0 | 37.00 | 7.18 | 0.0 | 40.50 | 2.04 | 0.0 | 47.73 | -2.87 | 0.0 |
| 19Q3 (3) | 1.68 | -7.18 | 0.0 | 2.64 | 21.66 | 0.0 | 54.31 | 7.76 | 0.0 | 34.52 | -17.77 | 0.0 | 39.69 | -4.34 | 0.0 | 49.14 | -3.46 | 0.0 |
| 19Q2 (2) | 1.81 | 19.08 | 0.0 | 2.17 | 22.6 | 0.0 | 50.40 | -15.93 | 0.0 | 41.98 | -18.28 | 0.0 | 41.49 | -18.63 | 0.0 | 50.90 | -15.63 | 0.0 |
| 19Q1 (1) | 1.52 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 59.95 | 0.0 | 0.0 | 51.37 | 0.0 | 0.0 | 50.99 | 0.0 | 0.0 | 60.33 | 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) | 8.05 | -14.81 | 9.13 | 11.61 | 45.33 | 17.31 | 39.98 | -10.4 | 38.60 | -11.35 | 46.71 | 17.6 |
| 2022 (9) | 9.45 | 3.05 | 8.18 | 0.62 | 38.64 | -2.89 | 44.62 | -0.67 | 43.54 | -1.47 | 39.72 | -1.97 |
| 2021 (8) | 9.17 | 12.65 | 8.13 | -5.13 | 39.79 | -11.2 | 44.92 | 5.47 | 44.19 | 5.57 | 40.52 | -11.02 |
| 2020 (7) | 8.14 | 13.21 | 8.57 | -0.46 | 44.81 | -11.74 | 42.59 | 0.5 | 41.86 | -6.23 | 45.54 | -6.14 |
| 2019 (6) | 7.19 | 2.42 | 8.61 | -1.71 | 50.77 | -2.29 | 42.38 | 1.7 | 44.64 | 16.04 | 48.52 | -12.04 |
| 2018 (5) | 7.02 | -16.13 | 8.76 | 26.41 | 51.96 | 19.17 | 41.67 | -20.82 | 38.47 | 6.86 | 55.16 | -8.42 |
| 2017 (4) | 8.37 | -21.48 | 6.93 | 10.7 | 43.60 | 27.3 | 52.63 | -9.79 | 36.00 | -2.57 | 60.23 | 8.27 |
| 2016 (3) | 10.66 | -8.02 | 6.26 | -4.43 | 34.25 | 8.73 | 58.34 | 4.65 | 36.95 | 11.63 | 55.63 | 2.73 |
| 2015 (2) | 11.59 | 17.31 | 6.55 | -16.13 | 31.50 | -14.77 | 55.75 | 19.28 | 33.10 | -1.11 | 54.15 | 7.8 |
| 2014 (1) | 9.88 | 5.11 | 7.81 | -12.93 | 36.96 | -4.84 | 46.74 | 14.81 | 33.47 | 2.83 | 50.23 | 6.9 |
