- 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) | 2.30 | 15.0 | -11.54 | 1.17 | -1.68 | -26.42 | 39.61 | -12.79 | 13.3 | 77.58 | 1.08 | 35.44 | 25.12 | -2.86 | 18.16 | 92.07 | -4.4 | 29.71 |
| 23Q3 (19) | 2.00 | -6.54 | 29.87 | 1.19 | 8.18 | -10.53 | 45.42 | 6.77 | -23.21 | 76.75 | -7.27 | 12.24 | 25.86 | 7.66 | -11.65 | 96.31 | -4.92 | -1.98 |
| 23Q2 (18) | 2.14 | 10.88 | 20.22 | 1.10 | -9.84 | -29.49 | 42.54 | -9.87 | -16.75 | 82.77 | 11.4 | 42.24 | 24.02 | 10.69 | -22.94 | 101.29 | 1.49 | 29.64 |
| 23Q1 (17) | 1.93 | -25.77 | 42.96 | 1.22 | -23.27 | -12.86 | 47.20 | 35.01 | -30.06 | 74.30 | 29.71 | 14.4 | 21.70 | 2.07 | -27.57 | 99.80 | 40.6 | -2.62 |
| 22Q4 (16) | 2.60 | 68.83 | 72.19 | 1.59 | 19.55 | -9.66 | 34.96 | -40.9 | -42.18 | 57.28 | -16.23 | 10.52 | 21.26 | -27.37 | -16.66 | 70.98 | -27.76 | -18.21 |
| 22Q3 (15) | 1.54 | -13.48 | 5.48 | 1.33 | -14.74 | -37.85 | 59.15 | 15.75 | -5.13 | 68.38 | 17.51 | 60.55 | 29.27 | -6.1 | -12.13 | 98.26 | 25.76 | 37.18 |
| 22Q2 (14) | 1.78 | 31.85 | 1.14 | 1.56 | 11.43 | -36.33 | 51.10 | -24.29 | -1.37 | 58.19 | -10.41 | 56.47 | 31.17 | 4.04 | -4.97 | 78.13 | -23.77 | 39.02 |
| 22Q1 (13) | 1.35 | -10.6 | -15.09 | 1.40 | -20.45 | -42.15 | 67.49 | 11.63 | 17.68 | 64.95 | 25.31 | 72.6 | 29.96 | 17.44 | -11.28 | 102.49 | 18.1 | 67.44 |
| 21Q4 (12) | 1.51 | 3.42 | -4.43 | 1.76 | -17.76 | -33.08 | 60.46 | -3.03 | 5.24 | 51.83 | 21.7 | 49.67 | 25.51 | -23.42 | -13.73 | 86.78 | 21.15 | 38.83 |
| 21Q3 (11) | 1.46 | -17.05 | -0.68 | 2.14 | -12.65 | -24.38 | 62.35 | 20.34 | 0.4 | 42.59 | 14.52 | 32.6 | 33.31 | 1.55 | 27.38 | 71.63 | 27.46 | 5.25 |
| 21Q2 (10) | 1.76 | 10.69 | 19.73 | 2.45 | 1.24 | -17.79 | 51.81 | -9.66 | -16.23 | 37.19 | -1.17 | 21.66 | 32.80 | -2.87 | 22.85 | 56.20 | -8.18 | -14.49 |
| 21Q1 (9) | 1.59 | 0.63 | 10.42 | 2.42 | -7.98 | -14.79 | 57.35 | -0.17 | -9.2 | 37.63 | 8.66 | 17.3 | 33.77 | 14.2 | 35.13 | 61.21 | -2.08 | -12.87 |
| 20Q4 (8) | 1.58 | 7.48 | 6.76 | 2.63 | -7.07 | -1.5 | 57.45 | -7.49 | -6.43 | 34.63 | 7.81 | 1.7 | 29.57 | 13.08 | 38.31 | 62.51 | -8.15 | -15.61 |
| 20Q3 (7) | 1.47 | 0.0 | 4.26 | 2.83 | -5.03 | 7.2 | 62.10 | 0.4 | -3.78 | 32.12 | 5.07 | -6.93 | 26.15 | -2.06 | 15.5 | 68.06 | 3.56 | -10.93 |
| 20Q2 (6) | 1.47 | 2.08 | -8.7 | 2.98 | 4.93 | 24.69 | 61.85 | -2.07 | 9.62 | 30.57 | -4.71 | -19.78 | 26.70 | 6.84 | 9.02 | 65.72 | -6.45 | -6.17 |
| 20Q1 (5) | 1.44 | -2.7 | 3.6 | 2.84 | 6.37 | 35.89 | 63.16 | 2.87 | -3.59 | 32.08 | -5.79 | -26.35 | 24.99 | 16.88 | -9.62 | 70.25 | -5.16 | -13.72 |
| 19Q4 (4) | 1.48 | 4.96 | 0.0 | 2.67 | 1.14 | 0.0 | 61.40 | -4.87 | 0.0 | 34.05 | -1.33 | 0.0 | 21.38 | -5.57 | 0.0 | 74.07 | -3.06 | 0.0 |
| 19Q3 (3) | 1.41 | -12.42 | 0.0 | 2.64 | 10.46 | 0.0 | 64.54 | 14.39 | 0.0 | 34.51 | -9.45 | 0.0 | 22.64 | -7.55 | 0.0 | 76.41 | 9.09 | 0.0 |
| 19Q2 (2) | 1.61 | 15.83 | 0.0 | 2.39 | 14.35 | 0.0 | 56.42 | -13.88 | 0.0 | 38.11 | -12.51 | 0.0 | 24.49 | -11.43 | 0.0 | 70.04 | -13.98 | 0.0 |
| 19Q1 (1) | 1.39 | 0.0 | 0.0 | 2.09 | 0.0 | 0.0 | 65.51 | 0.0 | 0.0 | 43.56 | 0.0 | 0.0 | 27.65 | 0.0 | 0.0 | 81.42 | 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) | 7.94 | 4.89 | 4.86 | -28.32 | 45.99 | -4.57 | 75.15 | 39.63 | 28.95 | 49.23 | 92.18 | 11.6 |
| 2022 (9) | 7.57 | 14.18 | 6.78 | -18.41 | 48.19 | -12.4 | 53.82 | 22.6 | 19.40 | -23.29 | 82.60 | 12.2 |
| 2021 (8) | 6.63 | 9.23 | 8.31 | -20.33 | 55.01 | -8.56 | 43.90 | 25.43 | 25.29 | -12.52 | 73.62 | 11.14 |
| 2020 (7) | 6.07 | 10.97 | 10.43 | 6.76 | 60.16 | -9.87 | 35.00 | -6.29 | 28.91 | 11.45 | 66.24 | -15.25 |
| 2019 (6) | 5.47 | -3.87 | 9.77 | -20.5 | 66.75 | 4.09 | 37.35 | 25.72 | 25.94 | -0.69 | 78.16 | 15.42 |
| 2018 (5) | 5.69 | 10.06 | 12.29 | -26.14 | 64.13 | -9.22 | 29.71 | 35.48 | 26.12 | -1.36 | 67.72 | 2.45 |
| 2017 (4) | 5.17 | -4.79 | 16.64 | 6.33 | 70.64 | 5.04 | 21.93 | -5.96 | 26.48 | 4.01 | 66.10 | 1.54 |
| 2016 (3) | 5.43 | -0.37 | 15.65 | 11.55 | 67.25 | 0.36 | 23.32 | -10.34 | 25.46 | 11.13 | 65.10 | -7.15 |
| 2015 (2) | 5.45 | -0.37 | 14.03 | -13.13 | 67.01 | 0.36 | 26.01 | 15.04 | 22.91 | -2.96 | 70.11 | 6.6 |
| 2014 (1) | 5.47 | 1.48 | 16.15 | -3.93 | 66.77 | -1.43 | 22.61 | 4.15 | 23.61 | -10.02 | 65.77 | 4.05 |
