- 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) | 2.43 | 3.4 | 8.48 | 1.07 | 22.99 | -7.76 | 37.50 | -3.2 | -7.79 | 85.10 | -18.99 | 8.16 | 19.70 | -17.02 | -0.45 | 102.90 | -14.29 | 3.35 |
| 23Q3 (19) | 2.35 | 9.81 | -18.69 | 0.87 | -8.42 | -34.59 | 38.74 | -8.78 | 22.91 | 105.05 | 10.03 | 53.56 | 23.74 | -4.81 | 68.01 | 120.05 | 6.25 | 39.92 |
| 23Q2 (18) | 2.14 | 1.9 | -26.46 | 0.95 | -9.52 | -17.39 | 42.47 | -2.19 | 35.86 | 95.47 | 9.69 | 20.44 | 24.94 | 6.54 | 43.33 | 112.99 | 5.55 | 21.34 |
| 23Q1 (17) | 2.10 | -6.25 | -16.0 | 1.05 | -9.48 | -10.26 | 43.42 | 6.76 | 19.19 | 87.04 | 10.63 | 12.31 | 23.41 | 18.29 | 11.48 | 107.05 | 7.52 | 15.21 |
| 22Q4 (16) | 2.24 | -22.49 | -22.49 | 1.16 | -12.78 | -18.88 | 40.67 | 29.03 | 28.99 | 78.68 | 15.01 | 23.5 | 19.79 | 40.06 | 13.61 | 99.56 | 16.04 | 27.95 |
| 22Q3 (15) | 2.89 | -0.69 | -9.4 | 1.33 | 15.65 | 11.76 | 31.52 | 0.83 | 10.44 | 68.41 | -13.7 | -10.36 | 14.13 | -18.79 | -23.91 | 85.80 | -7.86 | -0.57 |
| 22Q2 (14) | 2.91 | 16.4 | -24.61 | 1.15 | -1.71 | 10.58 | 31.26 | -14.19 | 32.46 | 79.27 | 2.28 | -9.78 | 17.40 | -17.14 | -1.25 | 93.12 | 0.22 | -0.77 |
| 22Q1 (13) | 2.50 | -13.49 | -24.7 | 1.17 | -18.18 | 28.57 | 36.43 | 15.54 | 32.76 | 77.50 | 21.64 | -22.29 | 21.00 | 20.55 | 30.76 | 92.92 | 19.42 | -16.37 |
| 21Q4 (12) | 2.89 | -9.4 | -19.05 | 1.43 | 20.17 | 72.29 | 31.53 | 10.48 | 23.74 | 63.71 | -16.52 | -41.8 | 17.42 | -6.19 | 3.2 | 77.81 | -9.83 | -34.09 |
| 21Q3 (11) | 3.19 | -17.36 | 7.41 | 1.19 | 14.42 | 54.55 | 28.54 | 20.93 | -6.88 | 76.32 | -13.13 | -35.37 | 18.57 | 5.39 | -5.06 | 86.29 | -8.05 | -33.2 |
| 21Q2 (10) | 3.86 | 16.27 | 57.55 | 1.04 | 14.29 | 9.47 | 23.60 | -13.99 | -36.53 | 87.86 | -11.9 | -8.42 | 17.62 | 9.71 | 7.57 | 93.84 | -15.54 | -19.62 |
| 21Q1 (9) | 3.32 | -7.0 | 56.6 | 0.91 | 9.64 | 7.06 | 27.44 | 7.69 | -36.22 | 99.73 | -8.89 | -7.18 | 16.06 | -4.86 | -22.75 | 111.11 | -5.88 | -14.31 |
| 20Q4 (8) | 3.57 | 20.2 | 5.62 | 0.83 | 7.79 | -27.19 | 25.48 | -16.87 | -5.45 | 109.46 | -7.31 | 37.12 | 16.88 | -13.7 | 15.54 | 118.05 | -8.62 | 28.09 |
| 20Q3 (7) | 2.97 | 21.22 | 24.27 | 0.77 | -18.95 | -16.3 | 30.65 | -17.56 | -19.34 | 118.09 | 23.09 | 19.07 | 19.56 | 19.41 | 24.98 | 129.18 | 10.65 | 6.29 |
| 20Q2 (6) | 2.45 | 15.57 | 0.41 | 0.95 | 11.76 | -15.93 | 37.18 | -13.58 | -0.43 | 95.94 | -10.7 | 18.99 | 16.38 | -21.21 | -2.21 | 116.75 | -9.96 | 15.34 |
| 20Q1 (5) | 2.12 | -37.28 | -7.42 | 0.85 | -25.44 | -19.81 | 43.02 | 59.63 | 8.12 | 107.44 | 34.59 | 25.43 | 20.79 | 42.3 | 14.04 | 129.66 | 40.69 | 20.93 |
| 19Q4 (4) | 3.38 | 41.42 | 0.0 | 1.14 | 23.91 | 0.0 | 26.95 | -29.08 | 0.0 | 79.83 | -19.51 | 0.0 | 14.61 | -6.65 | 0.0 | 92.16 | -24.17 | 0.0 |
| 19Q3 (3) | 2.39 | -2.05 | 0.0 | 0.92 | -18.58 | 0.0 | 38.00 | 1.77 | 0.0 | 99.18 | 23.01 | 0.0 | 15.65 | -6.57 | 0.0 | 121.53 | 20.07 | 0.0 |
| 19Q2 (2) | 2.44 | 6.55 | 0.0 | 1.13 | 6.6 | 0.0 | 37.34 | -6.16 | 0.0 | 80.63 | -5.87 | 0.0 | 16.75 | -8.12 | 0.0 | 101.22 | -5.6 | 0.0 |
| 19Q1 (1) | 2.29 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 39.79 | 0.0 | 0.0 | 85.66 | 0.0 | 0.0 | 18.23 | 0.0 | 0.0 | 107.22 | 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) | 8.26 | -18.62 | 4.33 | -17.84 | 44.20 | 22.91 | 84.24 | 21.7 | 23.36 | 17.56 | 105.08 | 23.17 |
| 2022 (9) | 10.15 | -8.64 | 5.27 | 24.29 | 35.96 | 9.47 | 69.22 | -19.64 | 19.87 | 6.03 | 85.31 | -14.89 |
| 2021 (8) | 11.11 | 7.34 | 4.24 | 28.88 | 32.85 | -6.86 | 86.14 | -22.25 | 18.74 | -1.47 | 100.24 | -21.09 |
| 2020 (7) | 10.35 | 16.03 | 3.29 | -18.97 | 35.27 | -13.81 | 110.79 | 23.09 | 19.02 | 8.31 | 127.03 | 12.05 |
| 2019 (6) | 8.92 | -2.09 | 4.06 | -6.45 | 40.92 | 2.17 | 90.01 | 7.13 | 17.56 | -10.73 | 113.37 | 8.59 |
| 2018 (5) | 9.11 | -10.33 | 4.34 | 2.6 | 40.05 | 11.47 | 84.02 | -2.56 | 19.67 | -25.12 | 104.40 | 8.89 |
| 2017 (4) | 10.16 | 8.78 | 4.23 | -27.94 | 35.93 | -8.04 | 86.23 | 38.63 | 26.27 | 31.88 | 95.88 | 17.88 |
| 2016 (3) | 9.34 | 2.41 | 5.87 | 19.31 | 39.07 | -2.37 | 62.20 | -16.22 | 19.92 | 30.37 | 81.34 | -17.82 |
| 2015 (2) | 9.12 | -8.98 | 4.92 | -1.6 | 40.02 | 9.91 | 74.24 | 1.66 | 15.28 | 4.02 | 98.98 | 4.46 |
| 2014 (1) | 10.02 | -8.16 | 5.00 | -0.2 | 36.41 | 8.82 | 73.03 | 0.23 | 14.69 | -17.89 | 94.75 | 7.15 |
