- 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) | 1.56 | -4.88 | -7.14 | 1.01 | -10.62 | 18.82 | 58.36 | 5.48 | 7.46 | 90.21 | 12.5 | -15.41 | 39.18 | 23.44 | 2.65 | 109.39 | 5.41 | -10.91 |
| 23Q3 (19) | 1.64 | 0.0 | -17.59 | 1.13 | 9.71 | 13.0 | 55.33 | -0.16 | 21.02 | 80.19 | -9.52 | -11.71 | 31.74 | -3.61 | -5.65 | 103.78 | -6.61 | 0.86 |
| 23Q2 (18) | 1.64 | -2.96 | -12.77 | 1.03 | 11.96 | 14.44 | 55.42 | 2.78 | 14.67 | 88.63 | -10.47 | -12.54 | 32.93 | -9.33 | -16.17 | 111.12 | -4.71 | 0.67 |
| 23Q1 (17) | 1.69 | 0.6 | -14.65 | 0.92 | 8.24 | -4.17 | 53.92 | -0.72 | 17.58 | 99.00 | -7.16 | 4.12 | 36.32 | -4.85 | -2.97 | 116.61 | -5.03 | 12.66 |
| 22Q4 (16) | 1.68 | -15.58 | -12.5 | 0.85 | -15.0 | -11.46 | 54.31 | 18.79 | 14.39 | 106.64 | 17.41 | 11.97 | 38.17 | 13.47 | 9.87 | 122.78 | 19.32 | 13.71 |
| 22Q3 (15) | 1.99 | 5.85 | 8.74 | 1.00 | 11.11 | 5.26 | 45.72 | -5.4 | -7.84 | 90.83 | -10.37 | -4.98 | 33.64 | -14.36 | -4.78 | 102.90 | -6.78 | -6.34 |
| 22Q2 (14) | 1.88 | -5.05 | -1.05 | 0.90 | -6.25 | -9.09 | 48.33 | 5.39 | 0.71 | 101.34 | 6.58 | 9.9 | 39.28 | 4.94 | 1.39 | 110.38 | 6.64 | 8.79 |
| 22Q1 (13) | 1.98 | 3.13 | -0.5 | 0.96 | 0.0 | -12.73 | 45.86 | -3.41 | 0.17 | 95.08 | -0.17 | 14.44 | 37.43 | 7.74 | -1.68 | 103.51 | -4.14 | 14.01 |
| 21Q4 (12) | 1.92 | 4.92 | -6.8 | 0.96 | 1.05 | -16.52 | 47.48 | -4.29 | 7.64 | 95.24 | -0.37 | 19.87 | 34.74 | -1.67 | -8.87 | 107.98 | -1.72 | 26.37 |
| 21Q3 (11) | 1.83 | -3.68 | -30.68 | 0.95 | -4.04 | -25.2 | 49.61 | 3.38 | 43.76 | 95.59 | 3.67 | 33.86 | 35.33 | -8.8 | 19.24 | 109.87 | 8.29 | 44.02 |
| 21Q2 (10) | 1.90 | -4.52 | -12.44 | 0.99 | -10.0 | -4.81 | 47.99 | 4.83 | 14.32 | 92.21 | 10.99 | 5.52 | 38.74 | 1.76 | 20.31 | 101.46 | 11.75 | 4.41 |
| 21Q1 (9) | 1.99 | -3.4 | 20.61 | 1.10 | -4.35 | 18.28 | 45.78 | 3.79 | -17.08 | 83.08 | 4.57 | -15.53 | 38.07 | -0.13 | -11.47 | 90.79 | 6.25 | -17.89 |
| 20Q4 (8) | 2.06 | -21.97 | 0.98 | 1.15 | -9.45 | -2.54 | 44.11 | 27.82 | -1.01 | 79.45 | 11.26 | 2.95 | 38.12 | 28.65 | 1.49 | 85.45 | 12.01 | 1.53 |
| 20Q3 (7) | 2.64 | 21.66 | 25.12 | 1.27 | 22.12 | 4.96 | 34.51 | -17.79 | -20.1 | 71.41 | -18.29 | -5.09 | 29.63 | -7.98 | -18.6 | 76.29 | -21.49 | -7.0 |
| 20Q2 (6) | 2.17 | 31.52 | -2.25 | 1.04 | 11.83 | -11.86 | 41.98 | -23.96 | 2.49 | 87.39 | -11.15 | 13.32 | 32.20 | -25.12 | -12.83 | 97.17 | -12.12 | 19.74 |
| 20Q1 (5) | 1.65 | -19.12 | -22.17 | 0.93 | -21.19 | -16.22 | 55.21 | 23.9 | 28.6 | 98.36 | 27.46 | 19.83 | 43.00 | 14.48 | 8.83 | 110.57 | 31.38 | 29.31 |
| 19Q4 (4) | 2.04 | -3.32 | 0.0 | 1.18 | -2.48 | 0.0 | 44.56 | 3.17 | 0.0 | 77.17 | 2.57 | 0.0 | 37.56 | 3.19 | 0.0 | 84.16 | 2.6 | 0.0 |
| 19Q3 (3) | 2.11 | -4.95 | 0.0 | 1.21 | 2.54 | 0.0 | 43.19 | 5.44 | 0.0 | 75.24 | -2.44 | 0.0 | 36.40 | -1.46 | 0.0 | 82.03 | 1.08 | 0.0 |
| 19Q2 (2) | 2.22 | 4.72 | 0.0 | 1.18 | 6.31 | 0.0 | 40.96 | -4.59 | 0.0 | 77.12 | -6.04 | 0.0 | 36.94 | -6.5 | 0.0 | 81.15 | -5.1 | 0.0 |
| 19Q1 (1) | 2.12 | 0.0 | 0.0 | 1.11 | 0.0 | 0.0 | 42.93 | 0.0 | 0.0 | 82.08 | 0.0 | 0.0 | 39.51 | 0.0 | 0.0 | 85.51 | 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) | 7.25 | -7.88 | 3.83 | 1.86 | 50.34 | 8.54 | 95.31 | -1.91 | 36.76 | 2.94 | 108.89 | 0.96 |
| 2022 (9) | 7.87 | 1.03 | 3.76 | -8.29 | 46.38 | -1.05 | 97.17 | 9.06 | 35.71 | -5.88 | 107.85 | 10.02 |
| 2021 (8) | 7.79 | 8.5 | 4.10 | 2.76 | 46.87 | -7.86 | 89.10 | -2.7 | 37.94 | -14.28 | 98.03 | -0.14 |
| 2020 (7) | 7.18 | -16.9 | 3.99 | -13.07 | 50.87 | 20.46 | 91.57 | 15.04 | 44.26 | 12.19 | 98.17 | 19.17 |
| 2019 (6) | 8.64 | -1.71 | 4.59 | 4.32 | 42.23 | 1.69 | 79.60 | -3.93 | 39.45 | -2.95 | 82.38 | -1.62 |
| 2018 (5) | 8.79 | -5.38 | 4.40 | -16.03 | 41.53 | 5.7 | 82.86 | 19.07 | 40.65 | 6.75 | 83.74 | 18.29 |
| 2017 (4) | 9.29 | -1.06 | 5.24 | -12.52 | 39.29 | 1.08 | 69.59 | 14.27 | 38.08 | 7.81 | 70.79 | 9.84 |
| 2016 (3) | 9.39 | 10.99 | 5.99 | 9.91 | 38.87 | -9.94 | 60.90 | -9.06 | 35.32 | 3.03 | 64.45 | -15.03 |
| 2015 (2) | 8.46 | -11.32 | 5.45 | -3.2 | 43.16 | 12.87 | 66.97 | 3.3 | 34.28 | 4.0 | 75.85 | 8.17 |
| 2014 (1) | 9.54 | -19.7 | 5.63 | 5.43 | 38.24 | 24.44 | 64.83 | -5.18 | 32.96 | 3.49 | 70.12 | 4.25 |
