- 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) | 1.22 | -7.58 | 29.79 | 0.73 | 30.36 | 48.98 | 74.66 | 8.53 | -22.7 | 123.97 | -23.55 | -32.6 | 33.41 | -5.41 | -12.45 | 165.21 | -15.55 | -31.83 |
| 23Q3 (19) | 1.32 | 23.36 | 22.22 | 0.56 | 27.27 | 5.66 | 68.79 | -18.85 | -18.41 | 162.16 | -20.91 | -5.13 | 35.32 | -15.74 | 4.81 | 195.63 | -21.08 | -11.7 |
| 23Q2 (18) | 1.07 | 24.42 | 20.22 | 0.44 | 15.79 | -4.35 | 84.77 | -19.89 | -17.22 | 205.03 | -14.97 | 2.86 | 41.92 | -10.52 | 16.57 | 247.87 | -17.4 | -6.74 |
| 23Q1 (17) | 0.86 | -8.51 | -5.49 | 0.38 | -22.45 | -17.39 | 105.82 | 9.57 | 6.07 | 241.13 | 31.11 | 20.97 | 46.85 | 22.77 | 17.21 | 300.10 | 23.83 | 15.82 |
| 22Q4 (16) | 0.94 | -12.96 | -12.96 | 0.49 | -7.55 | -2.0 | 96.58 | 14.55 | 14.65 | 183.92 | 7.6 | 1.05 | 38.16 | 13.23 | -2.7 | 242.35 | 9.39 | 6.75 |
| 22Q3 (15) | 1.08 | 21.35 | 4.85 | 0.53 | 15.22 | 3.92 | 84.31 | -17.67 | -4.86 | 170.93 | -14.25 | -3.57 | 33.70 | -6.28 | -19.51 | 221.54 | -16.64 | -1.1 |
| 22Q2 (14) | 0.89 | -2.2 | -23.28 | 0.46 | 0.0 | -22.03 | 102.40 | 2.65 | 31.05 | 199.33 | 0.0 | 28.17 | 35.96 | -10.03 | -4.82 | 265.77 | 2.57 | 35.68 |
| 22Q1 (13) | 0.91 | -15.74 | -22.22 | 0.46 | -8.0 | -25.81 | 99.76 | 18.42 | 28.62 | 199.33 | 9.52 | 35.81 | 39.97 | 1.91 | 21.53 | 259.12 | 14.14 | 35.35 |
| 21Q4 (12) | 1.08 | 4.85 | -22.3 | 0.50 | -1.96 | -28.57 | 84.24 | -4.94 | 29.08 | 182.01 | 2.69 | 40.89 | 39.22 | -6.33 | 48.39 | 227.02 | 1.34 | 35.11 |
| 21Q3 (11) | 1.03 | -11.21 | -19.53 | 0.51 | -13.56 | -5.56 | 88.62 | 13.41 | 24.26 | 177.25 | 13.97 | 4.94 | 41.87 | 10.83 | 36.87 | 224.01 | 14.36 | 6.85 |
| 21Q2 (10) | 1.16 | -0.85 | 9.43 | 0.59 | -4.84 | 25.53 | 78.14 | 0.75 | -9.27 | 155.52 | 5.96 | -20.46 | 37.78 | 14.87 | -1.28 | 195.88 | 2.32 | -19.52 |
| 21Q1 (9) | 1.17 | -15.83 | 40.96 | 0.62 | -11.43 | 40.91 | 77.56 | 18.85 | -29.46 | 146.77 | 13.61 | -28.88 | 32.89 | 24.44 | -32.44 | 191.44 | 13.93 | -28.47 |
| 20Q4 (8) | 1.39 | 8.59 | 7.75 | 0.70 | 29.63 | -1.41 | 65.26 | -8.5 | -7.67 | 129.19 | -23.52 | 0.58 | 26.43 | -13.6 | -14.88 | 168.03 | -19.85 | -0.03 |
| 20Q3 (7) | 1.28 | 20.75 | 23.08 | 0.54 | 14.89 | -10.0 | 71.32 | -17.19 | -18.45 | 168.91 | -13.61 | 10.56 | 30.59 | -20.07 | -10.37 | 209.64 | -13.87 | 1.72 |
| 20Q2 (6) | 1.06 | 27.71 | 0.95 | 0.47 | 6.82 | -20.34 | 86.12 | -21.67 | -0.59 | 195.53 | -5.25 | 26.14 | 38.27 | -21.38 | 7.2 | 243.39 | -9.06 | 18.19 |
| 20Q1 (5) | 0.83 | -35.66 | 1.22 | 0.44 | -38.03 | -15.38 | 109.95 | 55.56 | -0.48 | 206.36 | 60.65 | 18.11 | 48.68 | 56.78 | 17.3 | 267.63 | 59.23 | 9.82 |
| 19Q4 (4) | 1.29 | 24.04 | 0.0 | 0.71 | 18.33 | 0.0 | 70.68 | -19.19 | 0.0 | 128.45 | -15.92 | 0.0 | 31.05 | -9.02 | 0.0 | 168.08 | -18.45 | 0.0 |
| 19Q3 (3) | 1.04 | -0.95 | 0.0 | 0.60 | 1.69 | 0.0 | 87.46 | 0.96 | 0.0 | 152.77 | -1.45 | 0.0 | 34.13 | -4.4 | 0.0 | 206.10 | 0.08 | 0.0 |
| 19Q2 (2) | 1.05 | 28.05 | 0.0 | 0.59 | 13.46 | 0.0 | 86.63 | -21.59 | 0.0 | 155.01 | -11.28 | 0.0 | 35.70 | -13.98 | 0.0 | 205.93 | -15.5 | 0.0 |
| 19Q1 (1) | 0.82 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 110.48 | 0.0 | 0.0 | 174.72 | 0.0 | 0.0 | 41.50 | 0.0 | 0.0 | 243.70 | 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) | 3.70 | -2.37 | 2.19 | 14.06 | 98.54 | 2.45 | 166.48 | -12.62 | 44.27 | 8.11 | 220.76 | -10.17 |
| 2022 (9) | 3.79 | -14.83 | 1.92 | -13.12 | 96.18 | 17.28 | 190.52 | 15.24 | 40.95 | 9.26 | 245.74 | 17.1 |
| 2021 (8) | 4.45 | 16.49 | 2.21 | 4.25 | 82.01 | -14.25 | 165.32 | -4.0 | 37.48 | -12.72 | 209.85 | -6.69 |
| 2020 (7) | 3.82 | -0.78 | 2.12 | -11.67 | 95.64 | 0.9 | 172.20 | 13.27 | 42.94 | 8.87 | 224.90 | 8.45 |
| 2019 (6) | 3.85 | -1.53 | 2.40 | -0.41 | 94.79 | 1.5 | 152.02 | 0.22 | 39.44 | -5.28 | 207.38 | 1.93 |
| 2018 (5) | 3.91 | 4.55 | 2.41 | 2.12 | 93.39 | -4.23 | 151.69 | -2.03 | 41.64 | -4.3 | 203.45 | -2.59 |
| 2017 (4) | 3.74 | 3.89 | 2.36 | 9.26 | 97.51 | -3.75 | 154.84 | -8.45 | 43.51 | 16.34 | 208.85 | -10.38 |
| 2016 (3) | 3.60 | 0.56 | 2.16 | 20.67 | 101.31 | -0.66 | 169.13 | -17.12 | 37.40 | -19.33 | 233.04 | -10.26 |
| 2015 (2) | 3.58 | -7.97 | 1.79 | -0.56 | 101.98 | 8.83 | 204.06 | 0.68 | 46.36 | -6.44 | 259.68 | 5.2 |
| 2014 (1) | 3.89 | 11.46 | 1.80 | -6.25 | 93.71 | -10.28 | 202.68 | 6.55 | 49.55 | -13.8 | 246.84 | 4.07 |
