- 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) | 2.93 | 29.65 | -23.3 | 2.42 | 13.62 | 17.48 | 31.09 | -22.95 | 30.69 | 37.67 | -11.7 | -14.7 | 26.77 | -20.68 | 52.02 | 41.99 | -14.78 | -16.59 |
| 23Q3 (19) | 2.26 | -3.83 | -47.56 | 2.13 | -23.66 | 11.52 | 40.35 | 4.16 | 91.23 | 42.66 | 30.9 | -10.25 | 33.75 | 18.09 | 106.8 | 49.27 | 15.25 | -5.81 |
| 23Q2 (18) | 2.35 | -24.68 | -18.69 | 2.79 | -0.36 | 44.56 | 38.74 | 32.72 | 23.22 | 32.59 | 0.28 | -31.03 | 28.58 | 29.44 | 9.63 | 42.75 | 7.9 | -18.76 |
| 23Q1 (17) | 3.12 | -18.32 | 51.46 | 2.80 | 35.92 | 54.7 | 29.19 | 22.7 | -33.79 | 32.50 | -26.4 | -35.26 | 22.08 | 25.38 | -35.08 | 39.62 | -21.3 | -34.27 |
| 22Q4 (16) | 3.82 | -11.37 | 42.54 | 2.06 | 7.85 | 3.0 | 23.79 | 12.75 | -29.86 | 44.16 | -7.09 | -2.71 | 17.61 | 7.9 | -28.5 | 50.34 | -3.77 | -7.94 |
| 22Q3 (15) | 4.31 | 49.13 | 81.09 | 1.91 | -1.04 | 3.8 | 21.10 | -32.89 | -44.82 | 47.53 | 0.59 | -3.88 | 16.32 | -37.4 | -41.42 | 52.31 | -0.59 | -12.57 |
| 22Q2 (14) | 2.89 | 40.29 | 14.68 | 1.93 | 6.63 | -17.17 | 31.44 | -28.69 | -13.1 | 47.25 | -5.88 | 21.12 | 26.07 | -23.35 | -15.58 | 52.62 | -12.71 | 18.75 |
| 22Q1 (13) | 2.06 | -23.13 | -26.95 | 1.81 | -9.5 | -27.31 | 44.09 | 29.98 | 36.71 | 50.20 | 10.6 | 37.5 | 34.01 | 38.08 | 39.39 | 60.28 | 10.24 | 35.89 |
| 21Q4 (12) | 2.68 | 12.61 | 7.63 | 2.00 | 8.7 | -10.31 | 33.92 | -11.3 | -7.22 | 45.39 | -8.21 | 11.36 | 24.63 | -11.59 | 8.79 | 54.68 | -8.61 | 0.0 |
| 21Q3 (11) | 2.38 | -5.56 | 5.78 | 1.84 | -21.03 | 21.85 | 38.24 | 5.69 | -5.25 | 49.45 | 26.76 | -17.75 | 27.86 | -9.78 | 18.4 | 59.83 | 35.03 | -22.25 |
| 21Q2 (10) | 2.52 | -10.64 | 80.0 | 2.33 | -6.43 | 191.25 | 36.18 | 12.19 | -44.3 | 39.01 | 6.85 | -65.54 | 30.88 | 26.56 | -17.23 | 44.31 | -0.11 | -68.54 |
| 21Q1 (9) | 2.82 | 13.25 | 83.12 | 2.49 | 11.66 | 122.32 | 32.25 | -11.79 | -45.3 | 36.51 | -10.43 | -55.2 | 24.40 | 7.77 | -7.82 | 44.36 | -18.87 | -61.08 |
| 20Q4 (8) | 2.49 | 10.67 | 63.82 | 2.23 | 47.68 | 93.91 | 36.56 | -9.42 | -38.94 | 40.76 | -32.2 | -48.29 | 22.64 | -3.78 | 1.48 | 54.68 | -28.94 | -53.02 |
| 20Q3 (7) | 2.25 | 60.71 | 47.06 | 1.51 | 88.75 | 49.5 | 40.36 | -37.86 | -32.35 | 60.12 | -46.89 | -33.06 | 23.53 | -36.93 | -35.2 | 76.95 | -45.36 | -32.0 |
| 20Q2 (6) | 1.40 | -9.09 | -18.13 | 0.80 | -28.57 | -30.43 | 64.95 | 10.16 | 21.83 | 113.20 | 38.91 | 43.31 | 37.31 | 40.95 | 5.19 | 140.84 | 23.58 | 45.44 |
| 20Q1 (5) | 1.54 | 1.32 | -9.94 | 1.12 | -2.61 | 7.69 | 58.96 | -1.54 | 10.49 | 81.49 | 3.37 | -6.52 | 26.47 | 18.65 | -36.43 | 113.97 | -2.09 | 15.25 |
| 19Q4 (4) | 1.52 | -0.65 | 0.0 | 1.15 | 13.86 | 0.0 | 59.88 | 0.37 | 0.0 | 78.83 | -12.23 | 0.0 | 22.31 | -38.56 | 0.0 | 116.40 | 2.86 | 0.0 |
| 19Q3 (3) | 1.53 | -10.53 | 0.0 | 1.01 | -12.17 | 0.0 | 59.66 | 11.91 | 0.0 | 89.81 | 13.7 | 0.0 | 36.31 | 2.37 | 0.0 | 113.16 | 16.85 | 0.0 |
| 19Q2 (2) | 1.71 | 0.0 | 0.0 | 1.15 | 10.58 | 0.0 | 53.31 | -0.09 | 0.0 | 78.99 | -9.38 | 0.0 | 35.47 | -14.82 | 0.0 | 96.84 | -2.07 | 0.0 |
| 19Q1 (1) | 1.71 | 0.0 | 0.0 | 1.04 | 0.0 | 0.0 | 53.36 | 0.0 | 0.0 | 87.17 | 0.0 | 0.0 | 41.64 | 0.0 | 0.0 | 98.89 | 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) | 11.46 | 11.26 | 10.22 | 16.93 | 31.84 | -10.13 | 35.72 | -14.48 | 25.73 | -7.98 | 41.83 | -15.05 |
| 2022 (9) | 10.30 | 6.85 | 8.74 | -0.91 | 35.43 | -6.42 | 41.77 | 0.97 | 27.96 | 4.68 | 49.24 | -6.25 |
| 2021 (8) | 9.64 | 40.73 | 8.82 | 53.39 | 37.86 | -28.97 | 41.37 | -34.82 | 26.71 | 15.38 | 52.52 | -43.9 |
| 2020 (7) | 6.85 | -4.73 | 5.75 | 22.34 | 53.30 | 4.96 | 63.47 | -18.24 | 23.15 | -25.03 | 93.62 | -4.01 |
| 2019 (6) | 7.19 | 5.74 | 4.70 | -11.15 | 50.78 | -5.33 | 77.63 | 12.59 | 30.88 | -21.76 | 97.53 | 17.32 |
| 2018 (5) | 6.80 | 7.94 | 5.29 | -10.03 | 53.64 | -7.44 | 68.95 | 11.07 | 39.47 | 1.91 | 83.13 | 2.25 |
| 2017 (4) | 6.30 | -3.52 | 5.88 | 16.9 | 57.95 | 3.63 | 62.08 | -14.4 | 38.73 | 8.49 | 81.30 | -12.35 |
| 2016 (3) | 6.53 | 9.38 | 5.03 | -2.14 | 55.92 | -8.6 | 72.52 | 2.23 | 35.70 | 31.54 | 92.75 | -11.65 |
| 2015 (2) | 5.97 | 5.29 | 5.14 | -21.41 | 61.18 | -5.01 | 70.94 | 27.13 | 27.14 | 11.18 | 104.98 | 9.58 |
| 2014 (1) | 5.67 | -18.06 | 6.54 | -9.17 | 64.41 | 22.03 | 55.80 | 10.02 | 24.41 | 1.2 | 95.80 | 20.69 |
