- 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) | 1.56 | -6.59 | 15.56 | 1.00 | -7.41 | -3.85 | 58.16 | 6.6 | -13.66 | 91.10 | 7.79 | 4.05 | 67.55 | 12.62 | 11.03 | 81.71 | 3.31 | -13.14 |
| 23Q3 (19) | 1.67 | 21.01 | 21.9 | 1.08 | 12.5 | 10.2 | 54.56 | -17.04 | -17.63 | 84.52 | -11.22 | -8.94 | 59.98 | -13.96 | -10.84 | 79.09 | -13.34 | -13.84 |
| 23Q2 (18) | 1.38 | -4.17 | -3.5 | 0.96 | -10.28 | -3.03 | 65.77 | 3.93 | 3.31 | 95.20 | 12.36 | 3.51 | 69.71 | 11.91 | -0.13 | 91.26 | 6.45 | 6.33 |
| 23Q1 (17) | 1.44 | 6.67 | -5.88 | 1.07 | 2.88 | 2.88 | 63.28 | -6.06 | 6.12 | 84.73 | -3.22 | -2.78 | 62.29 | 2.38 | 2.81 | 85.73 | -8.87 | -0.55 |
| 22Q4 (16) | 1.35 | -1.46 | -26.63 | 1.04 | 6.12 | 2.97 | 67.36 | 1.69 | 36.52 | 87.55 | -5.68 | -2.86 | 60.84 | -9.56 | 13.32 | 94.07 | 2.48 | 9.65 |
| 22Q3 (15) | 1.37 | -4.2 | -8.67 | 0.98 | -1.01 | 27.27 | 66.24 | 4.05 | 9.23 | 92.82 | 0.92 | -21.39 | 67.27 | -3.62 | -9.18 | 91.79 | 6.94 | -12.29 |
| 22Q2 (14) | 1.43 | -6.54 | -5.92 | 0.99 | -4.81 | 5.32 | 63.66 | 6.76 | 6.56 | 91.97 | 5.53 | -5.26 | 69.80 | 15.2 | -3.75 | 85.83 | -0.43 | 1.81 |
| 22Q1 (13) | 1.53 | -16.85 | 10.87 | 1.04 | 2.97 | -7.14 | 59.63 | 20.86 | -9.49 | 87.15 | -3.31 | 7.09 | 60.59 | 12.85 | -13.7 | 86.20 | 0.48 | 11.88 |
| 21Q4 (12) | 1.84 | 22.67 | -5.64 | 1.01 | 31.17 | -32.67 | 49.34 | -18.63 | 5.68 | 90.13 | -23.67 | 48.95 | 53.69 | -27.51 | 13.85 | 85.79 | -18.02 | 42.89 |
| 21Q3 (11) | 1.50 | -1.32 | 15.38 | 0.77 | -18.09 | -10.47 | 60.64 | 1.51 | -13.1 | 118.08 | 21.63 | 10.99 | 74.07 | 2.14 | 18.85 | 104.65 | 24.14 | -8.08 |
| 21Q2 (10) | 1.52 | 10.14 | 25.62 | 0.94 | -16.07 | 3.3 | 59.74 | -9.32 | -20.79 | 97.08 | 19.29 | -2.69 | 72.52 | 3.29 | 12.21 | 84.30 | 9.41 | -23.74 |
| 21Q1 (9) | 1.38 | -29.23 | -4.83 | 1.12 | -25.33 | -3.45 | 65.88 | 41.1 | 5.21 | 81.38 | 34.49 | 3.88 | 70.21 | 48.88 | 0.6 | 77.05 | 28.33 | 8.28 |
| 20Q4 (8) | 1.95 | 50.0 | 43.38 | 1.50 | 74.42 | 12.78 | 46.69 | -33.09 | -30.47 | 60.51 | -43.12 | -11.5 | 47.16 | -24.33 | -29.33 | 60.04 | -47.26 | -12.73 |
| 20Q3 (7) | 1.30 | 7.44 | 3.17 | 0.86 | -5.49 | -32.81 | 69.78 | -7.48 | -3.7 | 106.39 | 6.65 | 49.82 | 62.32 | -3.57 | -9.26 | 113.85 | 2.99 | 52.21 |
| 20Q2 (6) | 1.21 | -16.55 | -18.24 | 0.91 | -21.55 | -34.53 | 75.42 | 20.44 | 22.81 | 99.76 | 27.34 | 52.33 | 64.63 | -7.39 | 3.99 | 110.55 | 55.35 | 70.71 |
| 20Q1 (5) | 1.45 | 6.62 | -18.54 | 1.16 | -12.78 | -23.68 | 62.62 | -6.75 | 22.47 | 78.34 | 14.58 | 31.11 | 69.79 | 4.59 | 28.81 | 71.16 | 3.43 | 25.48 |
| 19Q4 (4) | 1.36 | 7.94 | 0.0 | 1.33 | 3.91 | 0.0 | 67.15 | -7.33 | 0.0 | 68.37 | -3.72 | 0.0 | 66.73 | -2.84 | 0.0 | 68.80 | -8.02 | 0.0 |
| 19Q3 (3) | 1.26 | -14.86 | 0.0 | 1.28 | -7.91 | 0.0 | 72.46 | 17.99 | 0.0 | 71.01 | 8.43 | 0.0 | 68.68 | 10.51 | 0.0 | 74.80 | 15.5 | 0.0 |
| 19Q2 (2) | 1.48 | -16.85 | 0.0 | 1.39 | -8.55 | 0.0 | 61.41 | 20.11 | 0.0 | 65.49 | 9.61 | 0.0 | 62.15 | 14.71 | 0.0 | 64.76 | 14.2 | 0.0 |
| 19Q1 (1) | 1.78 | 0.0 | 0.0 | 1.52 | 0.0 | 0.0 | 51.13 | 0.0 | 0.0 | 59.75 | 0.0 | 0.0 | 54.18 | 0.0 | 0.0 | 56.71 | 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) | 5.94 | 1.19 | 4.03 | -2.18 | 61.41 | -1.24 | 90.60 | 2.33 | 66.84 | 12.28 | 85.18 | -6.59 |
| 2022 (9) | 5.87 | 5.2 | 4.12 | -5.07 | 62.18 | -4.97 | 88.54 | 5.32 | 59.53 | -9.23 | 91.19 | 8.66 |
| 2021 (8) | 5.58 | 8.35 | 4.34 | -7.66 | 65.43 | -7.77 | 84.07 | 8.25 | 65.58 | -13.15 | 83.92 | 14.82 |
| 2020 (7) | 5.15 | -21.37 | 4.70 | -15.01 | 70.94 | 27.27 | 77.66 | 17.76 | 75.51 | 18.54 | 73.09 | 26.02 |
| 2019 (6) | 6.55 | 5.65 | 5.53 | -6.43 | 55.74 | -5.25 | 65.95 | 6.84 | 63.70 | 0.55 | 58.00 | 1.38 |
| 2018 (5) | 6.20 | 5.98 | 5.91 | -15.81 | 58.83 | -5.75 | 61.73 | 18.69 | 63.35 | -7.55 | 57.21 | 24.61 |
| 2017 (4) | 5.85 | 8.53 | 7.02 | -4.75 | 62.42 | -7.79 | 52.01 | 5.03 | 68.52 | -5.54 | 45.91 | 2.78 |
| 2016 (3) | 5.39 | -0.37 | 7.37 | 5.29 | 67.69 | 0.42 | 49.52 | -5.04 | 72.54 | -4.55 | 44.67 | 2.55 |
| 2015 (2) | 5.41 | 3.64 | 7.00 | 1.89 | 67.41 | -3.6 | 52.15 | -1.81 | 76.00 | -9.1 | 43.56 | 10.47 |
| 2014 (1) | 5.22 | 3.78 | 6.87 | -0.43 | 69.93 | -3.61 | 53.11 | 0.4 | 83.61 | 2.56 | 39.43 | -10.24 |
