- 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) | 3.19 | 11.54 | -14.25 | 0.75 | -5.06 | -11.76 | 28.57 | -10.19 | 16.9 | 121.30 | 5.84 | 13.75 | 43.63 | 12.13 | 37.12 | 106.25 | -1.17 | 7.03 |
| 23Q3 (19) | 2.86 | 1.78 | -7.44 | 0.79 | -3.66 | 17.91 | 31.81 | -1.85 | 8.01 | 114.61 | 3.59 | -15.62 | 38.91 | 8.32 | 8.11 | 107.51 | 0.35 | -16.85 |
| 23Q2 (18) | 2.81 | -13.0 | -4.1 | 0.82 | -10.87 | 10.81 | 32.41 | 15.05 | 4.25 | 110.64 | 11.27 | -9.84 | 35.92 | 9.98 | -4.01 | 107.13 | 12.85 | -7.94 |
| 23Q1 (17) | 3.23 | -13.17 | 7.67 | 0.92 | 8.24 | 13.58 | 28.17 | 15.26 | -7.0 | 99.43 | -6.76 | -11.99 | 32.66 | 2.64 | -15.74 | 94.93 | -4.37 | -9.17 |
| 22Q4 (16) | 3.72 | 20.39 | 25.25 | 0.85 | 26.87 | 18.06 | 24.44 | -17.01 | -20.29 | 106.64 | -21.49 | -16.01 | 31.82 | -11.59 | -13.72 | 99.27 | -23.22 | -17.78 |
| 22Q3 (15) | 3.09 | 5.46 | 28.75 | 0.67 | -9.46 | 1.52 | 29.45 | -5.28 | -22.34 | 135.83 | 10.69 | -1.89 | 35.99 | -3.82 | -3.85 | 129.29 | 11.1 | -6.95 |
| 22Q2 (14) | 2.93 | -2.33 | 9.74 | 0.74 | -8.64 | -14.94 | 31.09 | 2.64 | -8.77 | 122.71 | 8.61 | 17.56 | 37.42 | -3.46 | -3.11 | 116.37 | 11.35 | 16.56 |
| 22Q1 (13) | 3.00 | 1.01 | 3.45 | 0.81 | 12.5 | -20.59 | 30.29 | -1.21 | -3.44 | 112.98 | -11.01 | 26.55 | 38.76 | 5.1 | -4.88 | 104.51 | -13.44 | 30.8 |
| 21Q4 (12) | 2.97 | 23.75 | -4.5 | 0.72 | 9.09 | -30.77 | 30.66 | -19.15 | 4.82 | 126.96 | -8.29 | 45.61 | 36.88 | -1.47 | 14.07 | 120.74 | -13.1 | 43.55 |
| 21Q3 (11) | 2.40 | -10.11 | -3.23 | 0.66 | -24.14 | -17.5 | 37.92 | 11.27 | 3.44 | 138.44 | 32.63 | 22.26 | 37.43 | -3.08 | 12.44 | 138.94 | 39.16 | 19.17 |
| 21Q2 (10) | 2.67 | -7.93 | 27.14 | 0.87 | -14.71 | 19.18 | 34.08 | 8.64 | -21.49 | 104.38 | 16.91 | -16.05 | 38.62 | -5.23 | 12.53 | 99.84 | 24.96 | -25.17 |
| 21Q1 (9) | 2.90 | -6.75 | 8.21 | 1.02 | -1.92 | 0.0 | 31.37 | 7.25 | -7.54 | 89.28 | 2.4 | 0.39 | 40.75 | 26.04 | 34.84 | 79.90 | -5.01 | -13.74 |
| 20Q4 (8) | 3.11 | 25.4 | 6.51 | 1.04 | 30.0 | -3.7 | 29.25 | -20.21 | -6.19 | 87.19 | -23.0 | 3.88 | 32.33 | -2.88 | 8.38 | 84.11 | -27.86 | -1.37 |
| 20Q3 (7) | 2.48 | 18.1 | -16.22 | 0.80 | 9.59 | -14.89 | 36.66 | -15.55 | 19.22 | 113.23 | -8.94 | 17.18 | 33.29 | -3.0 | 19.58 | 116.59 | -12.61 | 17.12 |
| 20Q2 (6) | 2.10 | -21.64 | -24.46 | 0.73 | -28.43 | -14.12 | 43.41 | 27.94 | 32.83 | 124.34 | 39.82 | 16.48 | 34.32 | 13.57 | 10.0 | 133.42 | 44.04 | 23.27 |
| 20Q1 (5) | 2.68 | -8.22 | -2.19 | 1.02 | -5.56 | 20.0 | 33.93 | 8.82 | 2.29 | 88.93 | 5.96 | -17.42 | 30.22 | 1.31 | -13.41 | 92.63 | 8.62 | -12.58 |
| 19Q4 (4) | 2.92 | -1.35 | 0.0 | 1.08 | 14.89 | 0.0 | 31.18 | 1.4 | 0.0 | 83.93 | -13.14 | 0.0 | 29.83 | 7.15 | 0.0 | 85.28 | -14.33 | 0.0 |
| 19Q3 (3) | 2.96 | 6.47 | 0.0 | 0.94 | 10.59 | 0.0 | 30.75 | -5.91 | 0.0 | 96.63 | -9.48 | 0.0 | 27.84 | -10.77 | 0.0 | 99.55 | -8.02 | 0.0 |
| 19Q2 (2) | 2.78 | 1.46 | 0.0 | 0.85 | 0.0 | 0.0 | 32.68 | -1.48 | 0.0 | 106.75 | -0.87 | 0.0 | 31.20 | -10.6 | 0.0 | 108.23 | 2.14 | 0.0 |
| 19Q1 (1) | 2.74 | 0.0 | 0.0 | 0.85 | 0.0 | 0.0 | 33.17 | 0.0 | 0.0 | 107.69 | 0.0 | 0.0 | 34.90 | 0.0 | 0.0 | 105.96 | 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) | 14.37 | 7.48 | 3.23 | -4.44 | 25.39 | -6.96 | 113.05 | 4.63 | 39.53 | 10.23 | 98.91 | -0.57 |
| 2022 (9) | 13.37 | 17.38 | 3.38 | -5.06 | 27.29 | -14.8 | 108.05 | 5.39 | 35.86 | -7.22 | 99.48 | 3.73 |
| 2021 (8) | 11.39 | 21.17 | 3.56 | -9.18 | 32.03 | -17.55 | 102.52 | 10.13 | 38.65 | -3.83 | 95.90 | 4.52 |
| 2020 (7) | 9.40 | -16.37 | 3.92 | -2.97 | 38.85 | 19.61 | 93.09 | 3.14 | 40.19 | 20.65 | 91.75 | 2.59 |
| 2019 (6) | 11.24 | -8.24 | 4.04 | 3.59 | 32.48 | 8.99 | 90.26 | -3.5 | 33.31 | -3.14 | 89.43 | 0.55 |
| 2018 (5) | 12.25 | 7.08 | 3.90 | -6.25 | 29.80 | -6.61 | 93.53 | 6.53 | 34.39 | -5.05 | 88.94 | 6.53 |
| 2017 (4) | 11.44 | -13.2 | 4.16 | 2.97 | 31.91 | 15.24 | 87.80 | -2.77 | 36.22 | 8.44 | 83.49 | -1.3 |
| 2016 (3) | 13.18 | -8.66 | 4.04 | -11.4 | 27.69 | 9.45 | 90.30 | 12.89 | 33.40 | 17.56 | 84.59 | 10.03 |
| 2015 (2) | 14.43 | 17.41 | 4.56 | -8.62 | 25.30 | -14.79 | 79.99 | 9.37 | 28.41 | 2.75 | 76.88 | 2.26 |
| 2014 (1) | 12.29 | 4.15 | 4.99 | 2.04 | 29.69 | -4.01 | 73.14 | -2.06 | 27.65 | -14.4 | 75.18 | 2.55 |
