- 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) | 1.30 | -23.98 | -8.45 | 0.91 | -16.51 | 18.18 | 70.26 | 32.12 | 9.54 | 99.76 | 19.85 | -15.16 | 54.24 | 31.2 | -2.67 | 115.78 | 21.77 | -8.1 |
| 23Q3 (19) | 1.71 | 12.5 | 17.93 | 1.09 | 36.25 | 19.78 | 53.18 | -11.11 | -14.97 | 83.24 | -27.23 | -16.9 | 41.34 | -10.52 | -13.37 | 95.08 | -25.74 | -17.31 |
| 23Q2 (18) | 1.52 | 9.35 | 11.76 | 0.80 | 8.11 | -3.61 | 59.83 | -8.56 | -10.74 | 114.39 | -6.59 | 3.82 | 46.20 | -8.61 | -12.9 | 128.03 | -6.78 | 3.12 |
| 23Q1 (17) | 1.39 | -2.11 | 3.73 | 0.74 | -3.9 | -15.91 | 65.43 | 2.01 | -3.37 | 122.46 | 4.15 | 18.54 | 50.55 | -9.29 | -11.69 | 137.34 | 9.01 | 20.71 |
| 22Q4 (16) | 1.42 | -2.07 | -4.05 | 0.77 | -15.38 | -23.76 | 64.14 | 2.56 | 4.6 | 117.58 | 17.38 | 30.04 | 55.73 | 16.79 | 1.59 | 125.99 | 9.57 | 30.03 |
| 22Q3 (15) | 1.45 | 6.62 | 4.32 | 0.91 | 9.64 | 3.41 | 62.54 | -6.7 | -4.64 | 100.17 | -9.09 | -3.14 | 47.72 | -10.03 | -25.09 | 114.99 | -7.39 | 9.2 |
| 22Q2 (14) | 1.36 | 1.49 | 0.74 | 0.83 | -5.68 | -10.75 | 67.03 | -1.0 | -0.46 | 110.18 | 6.65 | 12.53 | 53.04 | -7.34 | -4.96 | 124.16 | 9.12 | 13.45 |
| 22Q1 (13) | 1.34 | -9.46 | -9.46 | 0.88 | -12.87 | -11.11 | 67.71 | 10.42 | 9.83 | 103.31 | 14.26 | 12.67 | 57.24 | 4.34 | 12.39 | 113.78 | 17.43 | 11.1 |
| 21Q4 (12) | 1.48 | 6.47 | -20.43 | 1.01 | 14.77 | -10.62 | 61.32 | -6.5 | 25.63 | 90.42 | -12.57 | 12.64 | 54.86 | -13.88 | 15.57 | 96.89 | -7.99 | 18.72 |
| 21Q3 (11) | 1.39 | 2.96 | -54.87 | 0.88 | -5.38 | -47.31 | 65.58 | -2.61 | 121.93 | 103.42 | 5.63 | 90.25 | 63.70 | 14.14 | 98.88 | 105.30 | -3.78 | 102.93 |
| 21Q2 (10) | 1.35 | -8.78 | 1.5 | 0.93 | -6.06 | 2.2 | 67.34 | 9.23 | -1.28 | 97.91 | 6.78 | -2.22 | 55.81 | 9.58 | 5.46 | 109.44 | 6.86 | -5.17 |
| 21Q1 (9) | 1.48 | -20.43 | 23.33 | 0.99 | -12.39 | 10.0 | 61.65 | 26.31 | -18.41 | 91.69 | 14.23 | -9.79 | 50.93 | 7.29 | 4.36 | 102.41 | 25.49 | -20.24 |
| 20Q4 (8) | 1.86 | -39.61 | 33.81 | 1.13 | -32.34 | 14.14 | 48.81 | 65.18 | -25.7 | 80.27 | 47.66 | -13.11 | 47.47 | 48.2 | 2.48 | 81.61 | 57.28 | -26.97 |
| 20Q3 (7) | 3.08 | 131.58 | 82.25 | 1.67 | 83.52 | 62.14 | 29.55 | -56.68 | -45.2 | 54.36 | -45.71 | -38.4 | 32.03 | -39.47 | -23.35 | 51.89 | -55.04 | -48.3 |
| 20Q2 (6) | 1.33 | 10.83 | -19.88 | 0.91 | 1.11 | 5.81 | 68.21 | -9.73 | 24.15 | 100.13 | -1.49 | -4.88 | 52.92 | 8.44 | 14.32 | 115.41 | -10.11 | 1.31 |
| 20Q1 (5) | 1.20 | -13.67 | -23.57 | 0.90 | -9.09 | 2.27 | 75.56 | 15.03 | 30.59 | 101.64 | 10.02 | -1.19 | 48.80 | 5.35 | -7.15 | 128.39 | 14.89 | 18.7 |
| 19Q4 (4) | 1.39 | -17.75 | 0.0 | 0.99 | -3.88 | 0.0 | 65.69 | 21.83 | 0.0 | 92.38 | 4.69 | 0.0 | 46.32 | 10.84 | 0.0 | 111.75 | 11.34 | 0.0 |
| 19Q3 (3) | 1.69 | 1.81 | 0.0 | 1.03 | 19.77 | 0.0 | 53.92 | -1.86 | 0.0 | 88.24 | -16.18 | 0.0 | 41.79 | -9.72 | 0.0 | 100.37 | -11.89 | 0.0 |
| 19Q2 (2) | 1.66 | 5.73 | 0.0 | 0.86 | -2.27 | 0.0 | 54.94 | -5.05 | 0.0 | 105.27 | 2.34 | 0.0 | 46.29 | -11.93 | 0.0 | 113.92 | 5.33 | 0.0 |
| 19Q1 (1) | 1.57 | 0.0 | 0.0 | 0.88 | 0.0 | 0.0 | 57.86 | 0.0 | 0.0 | 102.86 | 0.0 | 0.0 | 52.56 | 0.0 | 0.0 | 108.16 | 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) | 6.30 | 5.35 | 3.48 | -1.14 | 57.96 | -4.97 | 104.93 | 1.1 | 47.84 | -10.85 | 115.04 | 3.52 |
| 2022 (9) | 5.98 | 8.14 | 3.52 | -6.38 | 60.99 | -7.6 | 103.79 | 6.98 | 53.66 | -5.56 | 111.13 | 4.64 |
| 2021 (8) | 5.53 | -29.55 | 3.76 | -22.15 | 66.01 | 41.99 | 97.02 | 28.44 | 56.82 | 39.64 | 106.20 | 30.56 |
| 2020 (7) | 7.85 | 22.27 | 4.83 | 14.45 | 46.49 | -18.25 | 75.54 | -12.64 | 40.69 | -13.83 | 81.34 | -15.38 |
| 2019 (6) | 6.42 | -3.17 | 4.22 | -8.66 | 56.87 | 3.27 | 86.47 | 9.57 | 47.22 | 5.4 | 96.12 | 7.76 |
| 2018 (5) | 6.63 | 5.74 | 4.62 | -1.7 | 55.07 | -5.38 | 78.92 | 1.62 | 44.80 | 9.43 | 89.20 | -6.03 |
| 2017 (4) | 6.27 | -3.24 | 4.70 | 10.33 | 58.20 | 3.32 | 77.66 | -9.34 | 40.94 | 9.94 | 94.92 | -9.38 |
| 2016 (3) | 6.48 | 2.37 | 4.26 | 11.81 | 56.33 | -2.32 | 85.66 | -10.62 | 37.24 | -7.16 | 104.75 | -7.63 |
| 2015 (2) | 6.33 | -12.21 | 3.81 | -9.72 | 57.67 | 13.86 | 95.84 | 10.76 | 40.11 | -3.95 | 113.40 | 18.84 |
| 2014 (1) | 7.21 | -10.77 | 4.22 | -4.31 | 50.65 | 12.08 | 86.53 | 4.59 | 41.76 | -7.01 | 95.42 | 14.95 |
