- 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) | 1.72 | -11.79 | 18.62 | 1.13 | -9.6 | 4.63 | 53.03 | 13.43 | -15.26 | 80.27 | 9.97 | -4.33 | 56.70 | 17.56 | -3.06 | 76.59 | 7.12 | -12.96 |
| 23Q3 (19) | 1.95 | 18.9 | 17.47 | 1.25 | 12.61 | -1.57 | 46.75 | -15.8 | -14.67 | 72.99 | -11.29 | 2.14 | 48.23 | -3.79 | -15.45 | 71.50 | -18.45 | 3.32 |
| 23Q2 (18) | 1.64 | 5.81 | -9.39 | 1.11 | -3.48 | -18.98 | 55.52 | -5.4 | 10.29 | 82.28 | 3.99 | 23.93 | 50.13 | 0.18 | -3.19 | 87.68 | -0.11 | 35.02 |
| 23Q1 (17) | 1.55 | 6.9 | -28.57 | 1.15 | 6.48 | -14.18 | 58.69 | -6.22 | 39.77 | 79.12 | -5.7 | 16.87 | 50.04 | -14.45 | 14.59 | 87.78 | -0.24 | 32.96 |
| 22Q4 (16) | 1.45 | -12.65 | -30.29 | 1.08 | -14.96 | -6.09 | 62.58 | 14.22 | 42.88 | 83.90 | 17.41 | 5.95 | 58.49 | 2.54 | 11.45 | 87.99 | 27.15 | 24.79 |
| 22Q3 (15) | 1.66 | -8.29 | -27.83 | 1.27 | -7.3 | -7.97 | 54.79 | 8.84 | 38.74 | 71.46 | 7.64 | 8.57 | 57.04 | 10.16 | 7.87 | 69.20 | 6.56 | 31.96 |
| 22Q2 (14) | 1.81 | -16.59 | -14.62 | 1.37 | 2.24 | -2.14 | 50.34 | 19.89 | 17.56 | 66.39 | -1.94 | 2.41 | 51.78 | 18.57 | -0.79 | 64.94 | -1.64 | 17.09 |
| 22Q1 (13) | 2.17 | 4.33 | -6.87 | 1.34 | 16.52 | -0.74 | 41.99 | -4.13 | 7.45 | 67.70 | -14.51 | 0.5 | 43.67 | -16.79 | -10.51 | 66.02 | -6.37 | 14.54 |
| 21Q4 (12) | 2.08 | -9.57 | -4.59 | 1.15 | -16.67 | 3.6 | 43.80 | 10.91 | 4.89 | 79.19 | 20.31 | -3.23 | 52.48 | -0.76 | -7.69 | 70.51 | 34.46 | 5.66 |
| 21Q3 (11) | 2.30 | 8.49 | -0.86 | 1.38 | -1.43 | 12.2 | 39.49 | -7.78 | 0.61 | 65.82 | 1.53 | -10.8 | 52.88 | 1.32 | -5.76 | 52.44 | -5.45 | -7.89 |
| 21Q2 (10) | 2.12 | -9.01 | -0.93 | 1.40 | 3.7 | 8.53 | 42.82 | 9.57 | 0.73 | 64.83 | -3.76 | -8.26 | 52.19 | 6.95 | -7.14 | 55.46 | -3.78 | -2.67 |
| 21Q1 (9) | 2.33 | 6.88 | 6.88 | 1.35 | 21.62 | -1.46 | 39.08 | -6.42 | -6.44 | 67.36 | -17.68 | 1.48 | 48.80 | -14.16 | 4.03 | 57.64 | -13.62 | -5.88 |
| 20Q4 (8) | 2.18 | -6.03 | 7.92 | 1.11 | -9.76 | 0.91 | 41.76 | 6.39 | -7.08 | 81.83 | 10.9 | -1.41 | 56.85 | 1.32 | 7.55 | 66.73 | 17.21 | -11.13 |
| 20Q3 (7) | 2.32 | 8.41 | 5.94 | 1.23 | -4.65 | 3.36 | 39.25 | -7.67 | -5.51 | 73.79 | 4.41 | -3.63 | 56.11 | -0.16 | 19.69 | 56.93 | -0.09 | -20.08 |
| 20Q2 (6) | 2.14 | -1.83 | 20.22 | 1.29 | -5.84 | 15.18 | 42.51 | 1.77 | -16.65 | 70.67 | 6.46 | -13.04 | 56.20 | 19.8 | 9.55 | 56.98 | -6.96 | -29.63 |
| 20Q1 (5) | 2.18 | 7.92 | 19.78 | 1.37 | 24.55 | 15.13 | 41.77 | -7.05 | -16.68 | 66.38 | -20.02 | -13.33 | 46.91 | -11.26 | -7.05 | 61.24 | -18.44 | -19.69 |
| 19Q4 (4) | 2.02 | -7.76 | 0.0 | 1.10 | -7.56 | 0.0 | 44.94 | 8.18 | 0.0 | 83.00 | 8.4 | 0.0 | 52.86 | 12.76 | 0.0 | 75.09 | 5.42 | 0.0 |
| 19Q3 (3) | 2.19 | 23.03 | 0.0 | 1.19 | 6.25 | 0.0 | 41.54 | -18.55 | 0.0 | 76.57 | -5.78 | 0.0 | 46.88 | -8.62 | 0.0 | 71.23 | -12.03 | 0.0 |
| 19Q2 (2) | 1.78 | -2.2 | 0.0 | 1.12 | -5.88 | 0.0 | 51.00 | 1.74 | 0.0 | 81.27 | 6.11 | 0.0 | 51.30 | 1.64 | 0.0 | 80.97 | 6.19 | 0.0 |
| 19Q1 (1) | 1.82 | 0.0 | 0.0 | 1.19 | 0.0 | 0.0 | 50.13 | 0.0 | 0.0 | 76.59 | 0.0 | 0.0 | 50.47 | 0.0 | 0.0 | 76.25 | 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) | 6.44 | -20.2 | 4.43 | -11.04 | 56.64 | 25.28 | 82.48 | 12.6 | 55.12 | 22.93 | 84.00 | 14.11 |
| 2022 (9) | 8.07 | -11.61 | 4.98 | 11.91 | 45.21 | 13.14 | 73.25 | -10.76 | 44.84 | -11.77 | 73.61 | 3.37 |
| 2021 (8) | 9.13 | -1.83 | 4.45 | -3.47 | 39.96 | 1.78 | 82.08 | 3.7 | 50.82 | -1.59 | 71.21 | 6.65 |
| 2020 (7) | 9.30 | 18.32 | 4.61 | 5.25 | 39.26 | -15.41 | 79.15 | -5.06 | 51.64 | -3.26 | 66.77 | -12.6 |
| 2019 (6) | 7.86 | -3.79 | 4.38 | -2.67 | 46.41 | 3.92 | 83.37 | 2.69 | 53.38 | 3.43 | 76.40 | 2.92 |
| 2018 (5) | 8.17 | -1.21 | 4.50 | 13.35 | 44.66 | 1.22 | 81.19 | -11.71 | 51.61 | 0.57 | 74.23 | -12.42 |
| 2017 (4) | 8.27 | -2.48 | 3.97 | 18.86 | 44.12 | 2.46 | 91.96 | -15.95 | 51.32 | 0.57 | 84.76 | -16.45 |
| 2016 (3) | 8.48 | -11.76 | 3.34 | -2.91 | 43.06 | 13.44 | 109.41 | 3.06 | 51.03 | 4.48 | 101.45 | 6.48 |
| 2015 (2) | 9.61 | 6.42 | 3.44 | -4.44 | 37.96 | -6.06 | 106.16 | 4.78 | 48.84 | -0.49 | 95.28 | 2.84 |
| 2014 (1) | 9.03 | 7.37 | 3.60 | -11.98 | 40.41 | -6.91 | 101.32 | 13.63 | 49.08 | 7.8 | 92.65 | 6.42 |
