- 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) | 1.63 | -1.81 | 16.43 | 1.95 | 9.55 | 0.52 | 55.68 | 1.51 | -14.25 | 46.75 | -8.41 | -0.15 | 23.97 | 1.7 | -15.57 | 78.47 | -4.68 | -5.87 |
| 23Q3 (19) | 1.66 | 12.16 | 3.11 | 1.78 | 13.38 | -11.0 | 54.85 | -10.81 | -3.06 | 51.04 | -11.97 | 11.98 | 23.57 | -10.85 | -12.64 | 82.32 | -11.51 | 9.5 |
| 23Q2 (18) | 1.48 | -3.27 | -10.3 | 1.57 | -11.8 | -7.65 | 61.50 | 3.12 | 11.76 | 57.98 | 13.49 | 8.54 | 26.44 | 0.95 | -11.3 | 93.03 | 10.04 | 18.3 |
| 23Q1 (17) | 1.53 | 9.29 | -3.16 | 1.78 | -8.25 | 6.59 | 59.64 | -8.15 | 3.58 | 51.09 | 9.12 | -6.1 | 26.19 | -7.75 | -21.8 | 84.54 | 1.42 | 7.69 |
| 22Q4 (16) | 1.40 | -13.04 | -23.08 | 1.94 | -3.0 | -0.51 | 64.93 | 14.76 | 30.2 | 46.82 | 2.72 | 0.34 | 28.39 | 5.23 | 8.4 | 83.36 | 10.88 | 18.51 |
| 22Q3 (15) | 1.61 | -2.42 | -17.44 | 2.00 | 17.65 | 12.99 | 56.58 | 2.82 | 21.29 | 45.58 | -14.68 | -11.58 | 26.98 | -9.49 | 13.17 | 75.18 | -4.4 | 1.1 |
| 22Q2 (14) | 1.65 | 4.43 | -11.76 | 1.70 | 1.8 | 13.33 | 55.03 | -4.43 | 12.93 | 53.42 | -1.82 | -11.7 | 29.81 | -10.99 | 13.05 | 78.64 | 0.18 | -5.09 |
| 22Q1 (13) | 1.58 | -13.19 | -4.24 | 1.67 | -14.36 | 8.44 | 57.58 | 15.46 | 4.52 | 54.41 | 16.61 | -7.86 | 33.49 | 27.87 | 37.14 | 78.50 | 11.6 | -12.52 |
| 21Q4 (12) | 1.82 | -6.67 | 4.6 | 1.95 | 10.17 | -3.47 | 49.87 | 6.9 | -4.39 | 46.66 | -9.49 | 3.67 | 26.19 | 9.86 | 41.11 | 70.34 | -5.41 | -10.52 |
| 21Q3 (11) | 1.95 | 4.28 | 33.56 | 1.77 | 18.0 | -16.11 | 46.65 | -4.27 | -25.1 | 51.55 | -14.79 | 19.27 | 23.84 | -9.59 | 7.73 | 74.36 | -10.26 | -10.81 |
| 21Q2 (10) | 1.87 | 13.33 | -7.88 | 1.50 | -2.6 | -26.47 | 48.73 | -11.54 | 8.87 | 60.50 | 2.46 | 35.68 | 26.37 | 7.99 | 51.2 | 82.86 | -7.66 | 15.23 |
| 21Q1 (9) | 1.65 | -5.17 | 35.25 | 1.54 | -23.76 | 24.19 | 55.09 | 5.62 | -26.22 | 59.05 | 31.19 | -19.76 | 24.42 | 31.57 | 6.78 | 89.73 | 14.15 | -28.44 |
| 20Q4 (8) | 1.74 | 19.18 | 30.83 | 2.02 | -4.27 | 35.57 | 52.16 | -16.25 | -23.82 | 45.01 | 4.14 | -26.39 | 18.56 | -16.13 | -22.8 | 78.61 | -5.71 | -25.54 |
| 20Q3 (7) | 1.46 | -28.08 | 2.82 | 2.11 | 3.43 | 24.85 | 62.28 | 39.14 | -2.98 | 43.22 | -3.07 | -19.53 | 22.13 | 26.89 | -7.06 | 83.37 | 15.94 | -11.39 |
| 20Q2 (6) | 2.03 | 66.39 | 54.96 | 2.04 | 64.52 | 33.33 | 44.76 | -40.06 | -35.52 | 44.59 | -39.41 | -24.83 | 17.44 | -23.74 | -22.49 | 71.91 | -42.65 | -32.31 |
| 20Q1 (5) | 1.22 | -8.27 | -0.81 | 1.24 | -16.78 | -13.29 | 74.67 | 9.06 | 1.04 | 73.59 | 20.34 | 15.58 | 22.87 | -4.87 | 0.44 | 125.39 | 18.76 | 9.22 |
| 19Q4 (4) | 1.33 | -6.34 | 0.0 | 1.49 | -11.83 | 0.0 | 68.47 | 6.67 | 0.0 | 61.15 | 13.85 | 0.0 | 24.04 | 0.97 | 0.0 | 105.58 | 12.21 | 0.0 |
| 19Q3 (3) | 1.42 | 8.4 | 0.0 | 1.69 | 10.46 | 0.0 | 64.19 | -7.53 | 0.0 | 53.71 | -9.46 | 0.0 | 23.81 | 5.82 | 0.0 | 94.09 | -11.44 | 0.0 |
| 19Q2 (2) | 1.31 | 6.5 | 0.0 | 1.53 | 6.99 | 0.0 | 69.42 | -6.06 | 0.0 | 59.32 | -6.83 | 0.0 | 22.50 | -1.19 | 0.0 | 106.24 | -7.46 | 0.0 |
| 19Q1 (1) | 1.23 | 0.0 | 0.0 | 1.43 | 0.0 | 0.0 | 73.90 | 0.0 | 0.0 | 63.67 | 0.0 | 0.0 | 22.77 | 0.0 | 0.0 | 114.80 | 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) | 6.25 | -10.84 | 7.72 | -5.51 | 58.42 | 12.2 | 47.30 | 5.89 | 24.49 | -5.15 | 81.22 | 14.52 |
| 2022 (9) | 7.01 | 7.02 | 8.17 | 16.88 | 52.07 | -6.52 | 44.67 | -14.39 | 25.82 | -4.55 | 70.92 | -12.26 |
| 2021 (8) | 6.55 | -4.93 | 6.99 | 9.39 | 55.70 | 5.11 | 52.18 | -8.7 | 27.05 | 29.24 | 80.83 | -9.39 |
| 2020 (7) | 6.89 | 20.03 | 6.39 | 3.4 | 52.99 | -16.6 | 57.15 | -3.25 | 20.93 | -5.72 | 89.21 | -11.15 |
| 2019 (6) | 5.74 | 2.5 | 6.18 | -4.78 | 63.54 | -2.53 | 59.07 | 4.98 | 22.20 | -17.78 | 100.40 | 6.3 |
| 2018 (5) | 5.60 | 0.0 | 6.49 | -1.37 | 65.19 | 0.08 | 56.27 | 1.39 | 27.00 | -18.75 | 94.45 | 8.05 |
| 2017 (4) | 5.60 | -4.27 | 6.58 | 3.95 | 65.14 | 4.44 | 55.50 | -3.83 | 33.23 | 9.81 | 87.41 | -2.68 |
| 2016 (3) | 5.85 | -13.72 | 6.33 | -9.57 | 62.37 | 15.8 | 57.71 | 10.66 | 30.26 | 13.04 | 89.82 | 13.35 |
| 2015 (2) | 6.78 | -27.87 | 7.00 | -21.79 | 53.86 | 38.67 | 52.15 | 27.85 | 26.77 | 30.08 | 79.24 | 34.21 |
| 2014 (1) | 9.40 | 4.68 | 8.95 | -9.14 | 38.84 | -4.41 | 40.79 | 10.09 | 20.58 | 15.81 | 59.04 | -1.44 |
