- 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) | 1.85 | -3.14 | 1.09 | 1.42 | 20.34 | 2.16 | 49.29 | 3.23 | -0.79 | 63.92 | -16.79 | -2.66 | 6.21 | -2.51 | -0.64 | 107.00 | -9.48 | -1.93 |
| 23Q3 (19) | 1.91 | -4.02 | 3.24 | 1.18 | 8.26 | -9.23 | 47.75 | 4.49 | -2.95 | 76.82 | -7.86 | 9.57 | 6.37 | 3.07 | -3.34 | 118.20 | -3.82 | 4.86 |
| 23Q2 (18) | 1.99 | 45.26 | -0.5 | 1.09 | 1.87 | -28.29 | 45.70 | -31.17 | 0.37 | 83.37 | -2.31 | 39.65 | 6.18 | -20.36 | -3.29 | 122.89 | -14.64 | 24.33 |
| 23Q1 (17) | 1.37 | -25.14 | -21.71 | 1.07 | -23.02 | -30.52 | 66.40 | 33.66 | 27.82 | 85.34 | 29.95 | 44.45 | 7.76 | 24.16 | 7.78 | 143.97 | 31.95 | 38.66 |
| 22Q4 (16) | 1.83 | -1.08 | -9.85 | 1.39 | 6.92 | -26.46 | 49.68 | 0.98 | 10.79 | 65.67 | -6.33 | 36.41 | 6.25 | -5.16 | 7.57 | 109.11 | -3.2 | 25.17 |
| 22Q3 (15) | 1.85 | -7.5 | -5.61 | 1.30 | -14.47 | -21.21 | 49.20 | 8.06 | 6.08 | 70.11 | 17.44 | 27.38 | 6.59 | 3.13 | 4.27 | 112.72 | 14.04 | 18.52 |
| 22Q2 (14) | 2.00 | 14.29 | 5.82 | 1.52 | -1.3 | -11.11 | 45.53 | -12.36 | -5.62 | 59.70 | 1.05 | 12.15 | 6.39 | -11.25 | 1.27 | 98.84 | -4.81 | 3.87 |
| 22Q1 (13) | 1.75 | -13.79 | -17.45 | 1.54 | -18.52 | -12.0 | 51.95 | 15.86 | 21.27 | 59.08 | 22.73 | 13.86 | 7.20 | 23.92 | 26.98 | 103.83 | 19.11 | 16.57 |
| 21Q4 (12) | 2.03 | 3.57 | -15.06 | 1.89 | 14.55 | 23.53 | 44.84 | -3.32 | 17.72 | 48.14 | -12.54 | -19.15 | 5.81 | -8.07 | 16.67 | 87.17 | -8.35 | -5.92 |
| 21Q3 (11) | 1.96 | 3.7 | -21.6 | 1.65 | -3.51 | 61.76 | 46.38 | -3.86 | 27.24 | 55.04 | 3.4 | -38.23 | 6.32 | 0.16 | 42.99 | 95.11 | -0.05 | -21.49 |
| 21Q2 (10) | 1.89 | -10.85 | 75.0 | 1.71 | -2.29 | 222.64 | 48.24 | 12.61 | -42.49 | 53.23 | 2.58 | -68.89 | 6.31 | 11.29 | -30.2 | 95.16 | 6.84 | -61.31 |
| 21Q1 (9) | 2.12 | -11.3 | 12.77 | 1.75 | 14.38 | 69.9 | 42.84 | 12.47 | -11.4 | 51.89 | -12.85 | -41.17 | 5.67 | 13.86 | -19.8 | 89.07 | -3.87 | -31.21 |
| 20Q4 (8) | 2.39 | -4.4 | 20.1 | 1.53 | 50.0 | 23.39 | 38.09 | 4.5 | -16.6 | 59.54 | -33.18 | -19.06 | 4.98 | 12.67 | -27.83 | 92.66 | -23.52 | -17.5 |
| 20Q3 (7) | 2.50 | 131.48 | 59.24 | 1.02 | 92.45 | -20.31 | 36.45 | -56.55 | -37.19 | 89.11 | -47.93 | 24.89 | 4.42 | -51.11 | -52.52 | 121.15 | -50.75 | 0.9 |
| 20Q2 (6) | 1.08 | -42.55 | -36.47 | 0.53 | -48.54 | -64.19 | 83.88 | 73.49 | 56.55 | 171.13 | 94.0 | 179.03 | 9.04 | 27.86 | -7.47 | 245.97 | 89.95 | 133.95 |
| 20Q1 (5) | 1.88 | -5.53 | 14.63 | 1.03 | -16.94 | -28.47 | 48.35 | 5.87 | -12.71 | 88.21 | 19.92 | 39.62 | 7.07 | 2.46 | -54.15 | 129.49 | 15.29 | 25.54 |
| 19Q4 (4) | 1.99 | 26.75 | 0.0 | 1.24 | -3.13 | 0.0 | 45.67 | -21.3 | 0.0 | 73.56 | 3.1 | 0.0 | 6.90 | -25.89 | 0.0 | 112.32 | -6.45 | 0.0 |
| 19Q3 (3) | 1.57 | -7.65 | 0.0 | 1.28 | -13.51 | 0.0 | 58.03 | 8.31 | 0.0 | 71.35 | 16.34 | 0.0 | 9.31 | -4.71 | 0.0 | 120.07 | 14.2 | 0.0 |
| 19Q2 (2) | 1.70 | 3.66 | 0.0 | 1.48 | 2.78 | 0.0 | 53.58 | -3.27 | 0.0 | 61.33 | -2.93 | 0.0 | 9.77 | -36.64 | 0.0 | 105.14 | 1.93 | 0.0 |
| 19Q1 (1) | 1.64 | 0.0 | 0.0 | 1.44 | 0.0 | 0.0 | 55.39 | 0.0 | 0.0 | 63.18 | 0.0 | 0.0 | 15.42 | 0.0 | 0.0 | 103.15 | 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) | 5.16 | -19.5 | 4.87 | -25.19 | 70.72 | 24.22 | 74.94 | 33.61 | 7.79 | 15.07 | 137.87 | 29.76 |
| 2022 (9) | 6.41 | -16.75 | 6.51 | -7.13 | 56.93 | 20.03 | 56.09 | 7.74 | 6.77 | 9.19 | 106.25 | 13.89 |
| 2021 (8) | 7.70 | 32.99 | 7.01 | 67.3 | 47.43 | -24.8 | 52.06 | -40.2 | 6.20 | -19.48 | 93.29 | -34.5 |
| 2020 (7) | 5.79 | -16.09 | 4.19 | -23.4 | 63.07 | 19.18 | 87.05 | 30.37 | 7.70 | -41.49 | 142.43 | 33.7 |
| 2019 (6) | 6.90 | 10.75 | 5.47 | -14.53 | 52.92 | -9.62 | 66.77 | 17.04 | 13.16 | -1.2 | 106.53 | 4.16 |
| 2018 (5) | 6.23 | 1.47 | 6.40 | -4.05 | 58.55 | -1.58 | 57.05 | 4.28 | 13.32 | 58.19 | 102.28 | -3.31 |
| 2017 (4) | 6.14 | -7.81 | 6.67 | 1.83 | 59.49 | 8.5 | 54.71 | -1.8 | 8.42 | -5.61 | 105.78 | 4.09 |
| 2016 (3) | 6.66 | -11.32 | 6.55 | -4.66 | 54.83 | 12.84 | 55.71 | 4.84 | 8.92 | 8.78 | 101.62 | 8.66 |
| 2015 (2) | 7.51 | -7.17 | 6.87 | -17.03 | 48.59 | 7.71 | 53.14 | 20.55 | 8.20 | 25.96 | 93.52 | 13.11 |
| 2014 (1) | 8.09 | 7.58 | 8.28 | -5.15 | 45.11 | -7.01 | 44.08 | 5.45 | 6.51 | -44.92 | 82.68 | 5.34 |
