- 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) | 2.59 | -2.26 | 11.64 | 0.76 | -7.32 | 4.11 | 35.17 | 2.45 | -10.14 | 119.64 | 8.11 | -4.26 | 27.09 | 8.97 | -13.42 | 127.73 | 6.33 | -3.83 |
| 23Q3 (19) | 2.65 | 2.32 | 20.45 | 0.82 | 5.13 | -4.65 | 34.33 | -2.22 | -16.86 | 110.66 | -5.0 | 4.87 | 24.86 | 6.42 | -17.08 | 120.13 | -6.32 | 2.82 |
| 23Q2 (18) | 2.59 | 0.0 | 18.26 | 0.78 | 5.41 | -18.75 | 35.11 | 0.03 | -15.36 | 116.49 | -4.71 | 23.01 | 23.36 | -10.33 | -19.53 | 128.24 | -2.33 | 19.68 |
| 23Q1 (17) | 2.59 | 11.64 | 17.19 | 0.74 | 1.37 | -23.71 | 35.10 | -10.32 | -14.66 | 122.25 | -2.17 | 30.03 | 26.05 | -16.75 | -12.11 | 131.30 | -1.14 | 24.44 |
| 22Q4 (16) | 2.32 | 5.45 | 0.87 | 0.73 | -15.12 | -24.74 | 39.14 | -5.21 | -1.29 | 124.96 | 18.42 | 32.74 | 31.29 | 4.37 | 6.25 | 132.82 | 13.69 | 27.3 |
| 22Q3 (15) | 2.20 | 0.46 | 12.24 | 0.86 | -10.42 | -5.49 | 41.29 | -0.46 | -11.07 | 105.52 | 11.43 | 5.19 | 29.98 | 3.27 | -1.15 | 116.83 | 9.03 | 0.36 |
| 22Q2 (14) | 2.19 | -0.9 | 6.31 | 0.96 | -1.03 | -8.57 | 41.48 | 0.85 | -6.3 | 94.70 | 0.72 | 9.08 | 29.03 | -2.06 | 3.94 | 107.15 | 1.55 | 3.86 |
| 22Q1 (13) | 2.21 | -3.91 | 1.38 | 0.97 | 0.0 | -3.96 | 41.13 | 3.73 | -1.46 | 94.02 | -0.13 | 4.72 | 29.64 | 0.65 | -0.9 | 105.51 | 1.12 | 3.84 |
| 21Q4 (12) | 2.30 | 17.35 | 1.32 | 0.97 | 6.59 | 4.3 | 39.65 | -14.6 | -1.27 | 94.14 | -6.15 | -4.11 | 29.45 | -2.9 | -2.68 | 104.34 | -10.37 | -3.47 |
| 21Q3 (11) | 1.96 | -4.85 | -10.91 | 0.91 | -13.33 | 7.06 | 46.43 | 4.88 | 12.26 | 100.31 | 15.54 | -5.85 | 30.33 | 8.59 | 10.25 | 116.41 | 12.83 | -3.31 |
| 21Q2 (10) | 2.06 | -5.5 | 16.38 | 1.05 | 3.96 | 36.36 | 44.27 | 6.06 | -14.02 | 86.82 | -3.3 | -26.35 | 27.93 | -6.62 | -15.64 | 103.17 | 1.54 | -24.28 |
| 21Q1 (9) | 2.18 | -3.96 | -2.68 | 1.01 | 8.6 | 4.12 | 41.74 | 3.93 | 2.73 | 89.78 | -8.56 | -4.32 | 29.91 | -1.16 | -2.0 | 101.61 | -6.0 | -2.24 |
| 20Q4 (8) | 2.27 | 3.18 | 740.74 | 0.93 | 9.41 | 304.35 | 40.16 | -2.9 | -88.3 | 98.18 | -7.85 | -74.85 | 30.26 | 10.0 | -78.53 | 108.09 | -10.22 | -81.76 |
| 20Q3 (7) | 2.20 | 24.29 | 28.65 | 0.85 | 10.39 | -27.97 | 41.36 | -19.67 | -22.08 | 106.54 | -9.62 | 38.69 | 27.51 | -16.91 | -6.75 | 120.39 | -11.65 | 19.9 |
| 20Q2 (6) | 1.77 | -20.98 | -7.81 | 0.77 | -20.62 | -39.37 | 51.49 | 26.73 | 8.38 | 117.88 | 25.63 | 64.59 | 33.11 | 8.49 | 28.83 | 136.26 | 31.09 | 45.84 |
| 20Q1 (5) | 2.24 | 729.63 | 13.13 | 0.97 | 321.74 | -18.49 | 40.63 | -88.16 | -11.46 | 93.83 | -75.97 | 22.22 | 30.52 | -78.35 | 17.52 | 103.94 | -82.46 | 7.51 |
| 19Q4 (4) | 0.27 | -84.21 | 0.0 | 0.23 | -80.51 | 0.0 | 343.15 | 546.48 | 0.0 | 390.45 | 408.27 | 0.0 | 140.96 | 377.83 | 0.0 | 592.64 | 490.22 | 0.0 |
| 19Q3 (3) | 1.71 | -10.94 | 0.0 | 1.18 | -7.09 | 0.0 | 53.08 | 11.72 | 0.0 | 76.82 | 7.26 | 0.0 | 29.50 | 14.79 | 0.0 | 100.41 | 7.47 | 0.0 |
| 19Q2 (2) | 1.92 | -3.03 | 0.0 | 1.27 | 6.72 | 0.0 | 47.51 | 3.53 | 0.0 | 71.62 | -6.71 | 0.0 | 25.70 | -1.04 | 0.0 | 93.43 | -3.36 | 0.0 |
| 19Q1 (1) | 1.98 | 0.0 | 0.0 | 1.19 | 0.0 | 0.0 | 45.89 | 0.0 | 0.0 | 76.77 | 0.0 | 0.0 | 25.97 | 0.0 | 0.0 | 96.68 | 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) | 10.82 | 6.29 | 2.99 | -15.77 | 33.75 | -5.91 | 122.05 | 18.8 | 28.77 | -1.27 | 127.03 | 16.03 |
| 2022 (9) | 10.18 | 11.01 | 3.55 | -8.51 | 35.87 | -9.83 | 102.74 | 9.15 | 29.14 | -7.08 | 109.48 | 6.75 |
| 2021 (8) | 9.17 | 6.5 | 3.88 | 12.46 | 39.78 | -6.16 | 94.13 | -10.99 | 31.36 | -10.27 | 102.56 | -9.39 |
| 2020 (7) | 8.61 | 3.73 | 3.45 | -11.99 | 42.39 | -3.62 | 105.75 | 13.61 | 34.95 | 13.88 | 113.19 | 6.4 |
| 2019 (6) | 8.30 | -3.38 | 3.92 | -14.41 | 43.98 | 3.48 | 93.08 | 16.69 | 30.69 | 11.36 | 106.38 | 12.32 |
| 2018 (5) | 8.59 | 4.12 | 4.58 | 5.05 | 42.50 | -3.98 | 79.77 | -4.67 | 27.56 | -14.04 | 94.71 | -1.22 |
| 2017 (4) | 8.25 | 4.3 | 4.36 | -0.46 | 44.26 | -4.1 | 83.68 | 0.43 | 32.06 | -1.72 | 95.88 | -1.0 |
| 2016 (3) | 7.91 | -1.37 | 4.38 | -6.01 | 46.15 | 1.41 | 83.32 | 6.29 | 32.62 | 13.7 | 96.85 | 1.72 |
| 2015 (2) | 8.02 | -12.83 | 4.66 | -15.88 | 45.51 | 14.69 | 78.39 | 19.08 | 28.69 | 15.78 | 95.21 | 17.94 |
| 2014 (1) | 9.20 | 2.22 | 5.54 | -6.58 | 39.68 | -2.19 | 65.83 | 6.87 | 24.78 | -8.76 | 80.73 | 7.63 |
