- 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) | 1.90 | 21.79 | 7.95 | 0.57 | -1.72 | -36.67 | 47.88 | -18.15 | -7.46 | 158.77 | 0.53 | 57.03 | 57.17 | -14.82 | -8.31 | 149.49 | 0.11 | 65.2 |
| 23Q3 (19) | 1.56 | -4.88 | 51.46 | 0.58 | -12.12 | -3.33 | 58.50 | 5.44 | -33.92 | 157.94 | 14.7 | 4.23 | 67.12 | -14.18 | -34.89 | 149.33 | 29.89 | 9.02 |
| 23Q2 (18) | 1.64 | -2.96 | 50.46 | 0.66 | -7.04 | -7.04 | 55.48 | 3.22 | -33.82 | 137.70 | 7.04 | 6.69 | 78.21 | -6.77 | -13.27 | 114.97 | 16.72 | -6.32 |
| 23Q1 (17) | 1.69 | -3.98 | 106.1 | 0.71 | -21.11 | 14.52 | 53.75 | 3.88 | -51.79 | 128.64 | 27.23 | -12.97 | 83.89 | 34.55 | -29.89 | 98.50 | 8.85 | -29.45 |
| 22Q4 (16) | 1.76 | 70.87 | 46.67 | 0.90 | 50.0 | -10.89 | 51.74 | -41.56 | -31.98 | 101.11 | -33.27 | 12.42 | 62.35 | -39.52 | -20.93 | 90.49 | -33.93 | 3.82 |
| 22Q3 (15) | 1.03 | -5.5 | 37.33 | 0.60 | -15.49 | -4.76 | 88.53 | 5.61 | -26.76 | 151.53 | 17.41 | 4.8 | 103.09 | 14.32 | -22.7 | 136.97 | 11.61 | 3.69 |
| 22Q2 (14) | 1.09 | 32.93 | 19.78 | 0.71 | 14.52 | -10.13 | 83.83 | -24.8 | -16.03 | 129.06 | -12.69 | 12.18 | 90.18 | -24.64 | -20.92 | 122.72 | -12.1 | 21.69 |
| 22Q1 (13) | 0.82 | -31.67 | 22.39 | 0.62 | -38.61 | 0.0 | 111.48 | 46.55 | -17.93 | 147.81 | 64.34 | 1.09 | 119.66 | 51.76 | -18.84 | 139.62 | 60.19 | 3.72 |
| 21Q4 (12) | 1.20 | 60.0 | 53.85 | 1.01 | 60.32 | 20.24 | 76.07 | -37.06 | -34.7 | 89.94 | -37.8 | -16.92 | 78.85 | -40.87 | -31.23 | 87.16 | -34.01 | -20.84 |
| 21Q3 (11) | 0.75 | -17.58 | -13.79 | 0.63 | -20.25 | -27.59 | 120.87 | 21.08 | 15.31 | 144.59 | 25.68 | 38.47 | 133.36 | 16.95 | 30.03 | 132.09 | 30.98 | 23.83 |
| 21Q2 (10) | 0.91 | 35.82 | 49.18 | 0.79 | 27.42 | 19.7 | 99.83 | -26.51 | -32.77 | 115.05 | -21.31 | -17.12 | 114.03 | -22.66 | -16.28 | 100.85 | -25.08 | -33.26 |
| 21Q1 (9) | 0.67 | -14.1 | -10.67 | 0.62 | -26.19 | -22.5 | 135.84 | 16.6 | 11.24 | 146.21 | 35.05 | 29.32 | 147.44 | 28.6 | 12.81 | 134.61 | 22.25 | 28.84 |
| 20Q4 (8) | 0.78 | -10.34 | -8.24 | 0.84 | -3.45 | -24.32 | 116.50 | 11.14 | 8.85 | 108.26 | 3.68 | 32.07 | 114.65 | 11.79 | 12.12 | 110.11 | 3.22 | 26.94 |
| 20Q3 (7) | 0.87 | 42.62 | 19.18 | 0.87 | 31.82 | -11.22 | 104.82 | -29.41 | -16.1 | 104.42 | -24.78 | 12.63 | 102.56 | -24.7 | -16.32 | 106.67 | -29.41 | 12.19 |
| 20Q2 (6) | 0.61 | -18.67 | -40.2 | 0.66 | -17.5 | -50.75 | 148.49 | 21.6 | 66.24 | 138.82 | 22.78 | 103.7 | 136.20 | 4.21 | 43.93 | 151.11 | 44.63 | 140.47 |
| 20Q1 (5) | 0.75 | -11.76 | 44.23 | 0.80 | -27.93 | -10.11 | 122.11 | 14.09 | -30.88 | 113.06 | 37.93 | 10.42 | 130.70 | 27.81 | -19.29 | 104.48 | 20.45 | -10.79 |
| 19Q4 (4) | 0.85 | 16.44 | 0.0 | 1.11 | 13.27 | 0.0 | 107.03 | -14.33 | 0.0 | 81.97 | -11.58 | 0.0 | 102.26 | -16.56 | 0.0 | 86.74 | -8.77 | 0.0 |
| 19Q3 (3) | 0.73 | -28.43 | 0.0 | 0.98 | -26.87 | 0.0 | 124.94 | 39.88 | 0.0 | 92.71 | 36.04 | 0.0 | 122.56 | 29.51 | 0.0 | 95.08 | 51.3 | 0.0 |
| 19Q2 (2) | 1.02 | 96.15 | 0.0 | 1.34 | 50.56 | 0.0 | 89.32 | -49.44 | 0.0 | 68.15 | -33.44 | 0.0 | 94.63 | -41.56 | 0.0 | 62.84 | -46.35 | 0.0 |
| 19Q1 (1) | 0.52 | 0.0 | 0.0 | 0.89 | 0.0 | 0.0 | 176.67 | 0.0 | 0.0 | 102.39 | 0.0 | 0.0 | 161.94 | 0.0 | 0.0 | 117.12 | 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) | 6.69 | 91.69 | 2.56 | 7.11 | 54.56 | -47.78 | 142.84 | -6.63 | 64.79 | -43.63 | 132.61 | -6.95 |
| 2022 (9) | 3.49 | 5.76 | 2.39 | -26.91 | 104.48 | -5.53 | 152.98 | 36.94 | 114.94 | 2.17 | 142.52 | 29.79 |
| 2021 (8) | 3.30 | 21.32 | 3.27 | 9.0 | 110.60 | -17.69 | 111.71 | -8.23 | 112.50 | -20.09 | 109.81 | -4.77 |
| 2020 (7) | 2.72 | 0.37 | 3.00 | -32.43 | 134.37 | -0.12 | 121.73 | 48.11 | 140.79 | 11.38 | 115.31 | 27.67 |
| 2019 (6) | 2.71 | -26.56 | 4.44 | -34.32 | 134.53 | 35.96 | 82.19 | 52.18 | 126.40 | 34.68 | 90.32 | 52.8 |
| 2018 (5) | 3.69 | 38.72 | 6.76 | 15.75 | 98.95 | -27.76 | 54.01 | -13.54 | 93.85 | -13.33 | 59.11 | -35.16 |
| 2017 (4) | 2.66 | -25.28 | 5.84 | -21.4 | 136.98 | 33.7 | 62.47 | 27.07 | 108.29 | 31.2 | 91.16 | 32.0 |
| 2016 (3) | 3.56 | 2.89 | 7.43 | 38.88 | 102.45 | -2.77 | 49.16 | -27.97 | 82.54 | -3.52 | 69.06 | -21.59 |
| 2015 (2) | 3.46 | 9.49 | 5.35 | 27.08 | 105.37 | -8.79 | 68.25 | -21.26 | 85.55 | -2.92 | 88.07 | -22.81 |
| 2014 (1) | 3.16 | 6.4 | 4.21 | 1.69 | 115.53 | -6.09 | 86.68 | -1.62 | 88.12 | -7.47 | 114.09 | -1.56 |
