- 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) | 3.42 | -10.7 | -2.01 | 0.72 | -15.29 | 12.5 | 26.64 | 12.22 | 2.07 | 126.55 | 17.85 | -11.26 | 26.03 | 14.37 | -15.92 | 127.16 | 17.35 | -7.68 |
| 23Q3 (19) | 3.83 | -9.88 | -3.28 | 0.85 | 1.19 | -14.14 | 23.74 | 10.99 | 3.35 | 107.38 | -0.88 | 17.11 | 22.76 | -7.93 | -20.39 | 108.36 | 3.19 | 25.9 |
| 23Q2 (18) | 4.25 | -0.23 | 8.14 | 0.84 | 13.51 | -20.0 | 21.39 | 0.0 | -7.56 | 108.33 | -11.34 | 24.73 | 24.72 | -7.31 | -19.95 | 105.01 | -10.17 | 32.74 |
| 23Q1 (17) | 4.26 | 22.06 | 1.67 | 0.74 | 15.62 | -28.16 | 21.39 | -18.05 | -1.43 | 122.18 | -14.32 | 37.81 | 26.67 | -13.86 | -5.19 | 116.90 | -15.13 | 42.14 |
| 22Q4 (16) | 3.49 | -11.87 | -9.82 | 0.64 | -35.35 | -29.67 | 26.10 | 13.63 | 10.88 | 142.60 | 55.52 | 43.1 | 30.96 | 8.29 | 12.09 | 137.74 | 60.03 | 44.12 |
| 22Q3 (15) | 3.96 | 0.76 | 6.45 | 0.99 | -5.71 | 2.06 | 22.97 | -0.73 | -6.01 | 91.69 | 5.57 | -2.15 | 28.59 | -7.42 | -2.22 | 86.07 | 8.8 | -3.18 |
| 22Q2 (14) | 3.93 | -6.21 | -5.76 | 1.05 | 1.94 | -6.25 | 23.14 | 6.64 | 6.1 | 86.85 | -2.04 | 6.62 | 30.88 | 9.78 | 4.39 | 79.11 | -3.81 | 7.34 |
| 22Q1 (13) | 4.19 | 8.27 | -0.71 | 1.03 | 13.19 | -3.74 | 21.70 | -7.82 | 0.6 | 88.66 | -11.03 | 3.78 | 28.13 | 1.85 | 4.77 | 82.24 | -13.95 | 2.62 |
| 21Q4 (12) | 3.87 | 4.03 | 12.83 | 0.91 | -6.19 | 2.25 | 23.54 | -3.68 | -11.17 | 99.65 | 6.35 | -2.73 | 27.62 | -5.54 | -4.33 | 95.57 | 7.5 | -4.51 |
| 21Q3 (11) | 3.72 | -10.79 | -10.14 | 0.97 | -13.39 | -23.02 | 24.44 | 12.06 | 11.14 | 93.70 | 15.03 | 29.56 | 29.24 | -1.15 | 19.35 | 88.90 | 20.62 | 27.35 |
| 21Q2 (10) | 4.17 | -1.18 | 2.46 | 1.12 | 4.67 | -5.08 | 21.81 | 1.11 | -2.55 | 81.46 | -4.65 | 5.98 | 29.58 | 10.17 | 14.21 | 73.70 | -8.04 | 0.48 |
| 21Q1 (9) | 4.22 | 23.03 | 9.61 | 1.07 | 20.22 | 12.63 | 21.57 | -18.6 | -8.83 | 85.43 | -16.61 | -10.68 | 26.85 | -7.0 | 6.08 | 80.14 | -19.92 | -14.74 |
| 20Q4 (8) | 3.43 | -17.15 | 7.52 | 0.89 | -29.37 | 8.54 | 26.50 | 20.51 | -7.25 | 102.45 | 41.66 | -8.14 | 28.87 | 17.84 | 14.56 | 100.08 | 43.36 | -12.9 |
| 20Q3 (7) | 4.14 | 1.72 | 11.29 | 1.26 | 6.78 | 1.61 | 21.99 | -1.74 | -10.17 | 72.32 | -5.91 | -1.42 | 24.50 | -5.41 | 11.82 | 69.81 | -4.83 | -8.06 |
| 20Q2 (6) | 4.07 | 5.71 | 8.24 | 1.18 | 24.21 | -1.67 | 22.38 | -5.41 | -7.44 | 76.86 | -19.64 | 1.22 | 25.90 | 2.33 | 6.85 | 73.35 | -21.96 | -3.32 |
| 20Q1 (5) | 3.85 | 20.69 | -3.51 | 0.95 | 15.85 | 1.06 | 23.66 | -17.19 | 3.68 | 95.64 | -14.25 | -1.69 | 25.31 | 0.44 | 17.18 | 93.99 | -18.2 | -4.58 |
| 19Q4 (4) | 3.19 | -14.25 | 0.0 | 0.82 | -33.87 | 0.0 | 28.57 | 16.71 | 0.0 | 111.53 | 52.03 | 0.0 | 25.20 | 15.02 | 0.0 | 114.90 | 51.32 | 0.0 |
| 19Q3 (3) | 3.72 | -1.06 | 0.0 | 1.24 | 3.33 | 0.0 | 24.48 | 1.24 | 0.0 | 73.36 | -3.38 | 0.0 | 21.91 | -9.61 | 0.0 | 75.93 | 0.08 | 0.0 |
| 19Q2 (2) | 3.76 | -5.76 | 0.0 | 1.20 | 27.66 | 0.0 | 24.18 | 5.96 | 0.0 | 75.93 | -21.95 | 0.0 | 24.24 | 12.22 | 0.0 | 75.87 | -22.97 | 0.0 |
| 19Q1 (1) | 3.99 | 0.0 | 0.0 | 0.94 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 97.28 | 0.0 | 0.0 | 21.60 | 0.0 | 0.0 | 98.50 | 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) | 17.06 | -5.64 | 3.38 | -11.75 | 21.39 | 5.94 | 108.13 | 13.56 | 18.80 | -10.31 | 110.72 | 17.23 |
| 2022 (9) | 18.08 | 2.03 | 3.83 | -14.32 | 20.19 | -1.99 | 95.22 | 16.68 | 20.96 | -3.68 | 94.45 | 17.39 |
| 2021 (8) | 17.72 | -3.96 | 4.47 | 0.22 | 20.60 | 4.15 | 81.61 | -0.18 | 21.76 | 16.93 | 80.46 | -2.98 |
| 2020 (7) | 18.45 | -1.28 | 4.46 | 13.78 | 19.78 | 1.28 | 81.76 | -12.19 | 18.61 | 7.57 | 82.93 | -13.03 |
| 2019 (6) | 18.69 | 3.72 | 3.92 | 1.29 | 19.53 | -3.56 | 93.11 | -1.18 | 17.30 | -11.82 | 95.35 | 0.52 |
| 2018 (5) | 18.02 | 6.19 | 3.87 | -11.85 | 20.25 | -5.86 | 94.22 | 13.44 | 19.62 | -14.84 | 94.86 | 16.35 |
| 2017 (4) | 16.97 | 0.35 | 4.39 | -10.77 | 21.51 | -0.32 | 83.06 | 12.03 | 23.04 | -1.92 | 81.53 | 12.86 |
| 2016 (3) | 16.91 | 10.23 | 4.92 | -2.77 | 21.58 | -9.29 | 74.14 | 2.69 | 23.49 | -15.17 | 72.24 | 5.77 |
| 2015 (2) | 15.34 | -1.92 | 5.06 | -2.13 | 23.79 | 1.93 | 72.20 | 2.16 | 27.69 | 10.27 | 68.30 | -0.86 |
| 2014 (1) | 15.64 | 15.25 | 5.17 | 23.98 | 23.34 | -13.2 | 70.67 | -19.34 | 25.11 | 21.36 | 68.89 | -26.56 |
