- 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) | 1.26 | -13.1 | 12.5 | 0.92 | -11.54 | 29.58 | 72.01 | 14.52 | -11.34 | 98.98 | 12.82 | -22.76 | 34.84 | 17.27 | 11.99 | 136.14 | 12.61 | -23.63 |
| 23Q3 (19) | 1.45 | 23.93 | 27.19 | 1.04 | 11.83 | 16.85 | 62.88 | -19.11 | -21.36 | 87.73 | -10.78 | -13.78 | 29.71 | -4.56 | -1.98 | 120.90 | -16.59 | -20.14 |
| 23Q2 (18) | 1.17 | -16.43 | -7.87 | 0.93 | -7.92 | -12.26 | 77.74 | 19.67 | 8.27 | 98.33 | 9.15 | 14.5 | 31.13 | 36.9 | 9.61 | 144.94 | 9.55 | 12.11 |
| 23Q1 (17) | 1.40 | 25.0 | 8.53 | 1.01 | 42.25 | 0.0 | 64.96 | -20.02 | -8.13 | 90.09 | -29.7 | -0.29 | 22.74 | -26.9 | -20.49 | 132.31 | -25.78 | -0.11 |
| 22Q4 (16) | 1.12 | -1.75 | 20.43 | 0.71 | -20.22 | -18.39 | 81.22 | 1.58 | -16.77 | 128.15 | 25.95 | 22.46 | 31.11 | 2.64 | -12.29 | 178.26 | 17.75 | 6.9 |
| 22Q3 (15) | 1.14 | -10.24 | 15.15 | 0.89 | -16.04 | -14.42 | 79.96 | 11.36 | -13.07 | 101.75 | 18.48 | 16.29 | 30.31 | 6.73 | -19.09 | 151.39 | 17.1 | 6.6 |
| 22Q2 (14) | 1.27 | -1.55 | 18.69 | 1.06 | 4.95 | -2.75 | 71.80 | 1.54 | -15.44 | 85.88 | -4.95 | 3.16 | 28.40 | -0.7 | -29.46 | 129.28 | -2.39 | 1.07 |
| 22Q1 (13) | 1.29 | 38.71 | 14.16 | 1.01 | 16.09 | -12.17 | 70.71 | -27.54 | -11.88 | 90.35 | -13.66 | 14.05 | 28.60 | -19.37 | -34.76 | 132.45 | -20.57 | 14.56 |
| 21Q4 (12) | 0.93 | -6.06 | -19.13 | 0.87 | -16.35 | -32.03 | 97.59 | 6.1 | 23.66 | 104.65 | 19.6 | 47.6 | 35.47 | -5.31 | -15.59 | 166.76 | 17.42 | 54.69 |
| 21Q3 (11) | 0.99 | -7.48 | -20.16 | 1.04 | -4.59 | -22.96 | 91.98 | 8.33 | 24.99 | 87.50 | 5.11 | 29.51 | 37.46 | -6.95 | 14.8 | 142.02 | 11.03 | 30.86 |
| 21Q2 (10) | 1.07 | -5.31 | -12.3 | 1.09 | -5.22 | -7.63 | 84.91 | 5.82 | 13.97 | 83.25 | 5.09 | 7.92 | 40.26 | -8.17 | 21.45 | 127.91 | 10.63 | 7.95 |
| 21Q1 (9) | 1.13 | -1.74 | -24.16 | 1.15 | -10.16 | -3.36 | 80.24 | 1.67 | 31.33 | 79.22 | 11.73 | 3.81 | 43.84 | 4.33 | 31.14 | 115.62 | 7.25 | 11.21 |
| 20Q4 (8) | 1.15 | -7.26 | -5.74 | 1.28 | -5.19 | 16.36 | 78.92 | 7.24 | 5.54 | 70.90 | 4.94 | -14.12 | 42.02 | 28.78 | 19.99 | 107.80 | -0.67 | -11.87 |
| 20Q3 (7) | 1.24 | 1.64 | 5.98 | 1.35 | 14.41 | 11.57 | 73.59 | -1.22 | -5.39 | 67.56 | -12.42 | -10.24 | 32.63 | -1.57 | -2.83 | 108.53 | -8.41 | -9.16 |
| 20Q2 (6) | 1.22 | -18.12 | 5.17 | 1.18 | -0.84 | -4.84 | 74.50 | 21.93 | -4.97 | 77.14 | 1.09 | 5.43 | 33.15 | -0.84 | 0.52 | 118.49 | 13.97 | -0.08 |
| 20Q1 (5) | 1.49 | 22.13 | 36.7 | 1.19 | 8.18 | -4.8 | 61.10 | -18.29 | -27.04 | 76.31 | -7.57 | 4.66 | 33.43 | -4.54 | -0.92 | 103.97 | -15.0 | -15.42 |
| 19Q4 (4) | 1.22 | 4.27 | 0.0 | 1.10 | -9.09 | 0.0 | 74.78 | -3.86 | 0.0 | 82.56 | 9.69 | 0.0 | 35.02 | 4.29 | 0.0 | 122.32 | 2.39 | 0.0 |
| 19Q3 (3) | 1.17 | 0.86 | 0.0 | 1.21 | -2.42 | 0.0 | 77.78 | -0.79 | 0.0 | 75.27 | 2.87 | 0.0 | 33.58 | 1.82 | 0.0 | 119.47 | 0.75 | 0.0 |
| 19Q2 (2) | 1.16 | 6.42 | 0.0 | 1.24 | -0.8 | 0.0 | 78.40 | -6.38 | 0.0 | 73.17 | 0.36 | 0.0 | 32.98 | -2.25 | 0.0 | 118.58 | -3.53 | 0.0 |
| 19Q1 (1) | 1.09 | 0.0 | 0.0 | 1.25 | 0.0 | 0.0 | 83.74 | 0.0 | 0.0 | 72.91 | 0.0 | 0.0 | 33.74 | 0.0 | 0.0 | 122.92 | 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) | 5.30 | -2.75 | 3.43 | -2.83 | 68.83 | 2.72 | 106.42 | 2.88 | 31.33 | 10.28 | 143.91 | 1.32 |
| 2022 (9) | 5.45 | 9.88 | 3.53 | -20.67 | 67.01 | -8.85 | 103.44 | 26.07 | 28.41 | -22.57 | 142.03 | 19.47 |
| 2021 (8) | 4.96 | 2.48 | 4.45 | 0.91 | 73.52 | -2.56 | 82.05 | -0.83 | 36.69 | -19.38 | 118.88 | 5.5 |
| 2020 (7) | 4.84 | 3.42 | 4.41 | -2.22 | 75.45 | -3.34 | 82.74 | 2.3 | 45.51 | 18.05 | 112.68 | -6.4 |
| 2019 (6) | 4.68 | 3.54 | 4.51 | -15.23 | 78.06 | -3.24 | 80.88 | 17.97 | 38.55 | -15.66 | 120.39 | 16.3 |
| 2018 (5) | 4.52 | -9.78 | 5.32 | -0.93 | 80.67 | 10.64 | 68.56 | 0.94 | 45.71 | -8.51 | 103.52 | 13.92 |
| 2017 (4) | 5.01 | 0.2 | 5.37 | 23.17 | 72.91 | -0.14 | 67.92 | -18.79 | 49.96 | 12.02 | 90.87 | -18.9 |
| 2016 (3) | 5.00 | 2.46 | 4.36 | 23.51 | 73.01 | -2.33 | 83.64 | -19.14 | 44.60 | 8.15 | 112.04 | -18.19 |
| 2015 (2) | 4.88 | -14.39 | 3.53 | 6.33 | 74.75 | 16.69 | 103.44 | -5.88 | 41.24 | 4.62 | 136.95 | 1.78 |
| 2014 (1) | 5.70 | 0.0 | 3.32 | 5.4 | 64.06 | -0.05 | 109.90 | -5.18 | 39.42 | 0.9 | 134.55 | -4.52 |
