- 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) | 0.89 | -6.32 | 5.95 | 0.65 | -7.14 | 27.45 | 102.70 | 7.18 | -5.39 | 140.20 | 7.84 | -21.24 | 57.87 | 5.97 | -2.77 | 185.03 | 8.07 | -18.5 |
| 23Q3 (19) | 0.95 | 10.47 | 18.75 | 0.70 | 9.37 | 27.27 | 95.82 | -9.41 | -15.89 | 130.01 | -8.69 | -21.54 | 54.61 | -3.46 | -9.09 | 171.22 | -10.63 | -22.01 |
| 23Q2 (18) | 0.86 | -9.47 | 10.26 | 0.64 | 8.47 | 28.0 | 105.77 | 10.34 | -9.45 | 142.39 | -7.74 | -21.94 | 56.57 | 8.27 | -15.2 | 191.58 | -3.22 | -17.6 |
| 23Q1 (17) | 0.95 | 13.1 | 13.1 | 0.59 | 15.69 | 5.36 | 95.86 | -11.69 | -11.06 | 154.34 | -13.3 | -5.84 | 52.25 | -12.21 | -21.93 | 197.96 | -12.81 | -3.32 |
| 22Q4 (16) | 0.84 | 5.0 | -10.64 | 0.51 | -7.27 | -22.73 | 108.55 | -4.71 | 12.43 | 178.01 | 7.43 | 29.45 | 59.52 | -0.92 | -5.99 | 227.04 | 3.41 | 32.96 |
| 22Q3 (15) | 0.80 | 2.56 | -12.09 | 0.55 | 10.0 | -17.91 | 113.92 | -2.47 | 13.73 | 165.70 | -9.16 | 21.67 | 60.07 | -9.95 | -5.59 | 219.55 | -5.57 | 27.1 |
| 22Q2 (14) | 0.78 | -7.14 | -10.34 | 0.50 | -10.71 | -29.58 | 116.81 | 8.38 | 11.11 | 182.40 | 11.28 | 41.52 | 66.71 | -0.33 | 23.01 | 232.51 | 13.56 | 29.32 |
| 22Q1 (13) | 0.84 | -10.64 | 3.7 | 0.56 | -15.15 | -24.32 | 107.78 | 11.63 | -3.53 | 163.91 | 19.2 | 32.59 | 66.93 | 5.72 | 27.83 | 204.75 | 19.91 | 11.9 |
| 21Q4 (12) | 0.94 | 3.3 | 14.63 | 0.66 | -1.49 | -1.49 | 96.55 | -3.61 | -12.97 | 137.51 | 0.97 | 1.29 | 63.31 | -0.5 | 23.53 | 170.76 | -1.15 | -12.64 |
| 21Q3 (11) | 0.91 | 4.6 | 15.19 | 0.67 | -5.63 | 19.64 | 100.17 | -4.72 | -13.19 | 136.19 | 5.66 | -16.14 | 63.63 | 17.33 | 52.92 | 172.74 | -3.92 | -26.86 |
| 21Q2 (10) | 0.87 | 7.41 | 26.09 | 0.71 | -4.05 | 73.17 | 105.13 | -5.9 | -20.71 | 128.89 | 4.26 | -42.37 | 54.23 | 3.57 | 3.39 | 179.79 | -1.74 | -40.82 |
| 21Q1 (9) | 0.81 | -1.22 | 22.73 | 0.74 | 10.45 | 32.14 | 111.72 | 0.7 | -18.86 | 123.62 | -8.94 | -23.51 | 52.36 | 2.17 | 0.71 | 182.97 | -6.39 | -26.02 |
| 20Q4 (8) | 0.82 | 3.8 | -3.53 | 0.67 | 19.64 | -18.29 | 110.94 | -3.86 | 3.87 | 135.76 | -16.4 | 22.43 | 51.25 | 23.17 | 29.32 | 195.46 | -17.24 | 9.77 |
| 20Q3 (7) | 0.79 | 14.49 | -8.14 | 0.56 | 36.59 | -20.0 | 115.39 | -12.97 | 9.38 | 162.40 | -27.39 | 24.77 | 41.61 | -20.67 | 1.27 | 236.18 | -22.26 | 21.39 |
| 20Q2 (6) | 0.69 | 4.55 | -6.76 | 0.41 | -26.79 | -36.92 | 132.59 | -3.7 | 8.33 | 223.67 | 38.39 | 59.03 | 52.45 | 0.88 | 23.53 | 303.81 | 22.84 | 37.74 |
| 20Q1 (5) | 0.66 | -22.35 | 3.13 | 0.56 | -31.71 | -8.2 | 137.69 | 28.91 | -3.16 | 161.62 | 45.75 | 8.7 | 51.99 | 31.19 | -4.39 | 247.32 | 38.89 | 4.58 |
| 19Q4 (4) | 0.85 | -1.16 | 0.0 | 0.82 | 17.14 | 0.0 | 106.81 | 1.25 | 0.0 | 110.89 | -14.8 | 0.0 | 39.63 | -3.55 | 0.0 | 178.07 | -8.48 | 0.0 |
| 19Q3 (3) | 0.86 | 16.22 | 0.0 | 0.70 | 7.69 | 0.0 | 105.49 | -13.81 | 0.0 | 130.16 | -7.46 | 0.0 | 41.09 | -3.23 | 0.0 | 194.57 | -11.79 | 0.0 |
| 19Q2 (2) | 0.74 | 15.62 | 0.0 | 0.65 | 6.56 | 0.0 | 122.39 | -13.93 | 0.0 | 140.65 | -5.4 | 0.0 | 42.46 | -21.92 | 0.0 | 220.57 | -6.73 | 0.0 |
| 19Q1 (1) | 0.64 | 0.0 | 0.0 | 0.61 | 0.0 | 0.0 | 142.19 | 0.0 | 0.0 | 148.68 | 0.0 | 0.0 | 54.38 | 0.0 | 0.0 | 236.48 | 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) | 3.38 | -0.59 | 2.55 | 16.97 | 107.85 | 0.34 | 143.19 | -14.38 | 50.13 | -18.24 | 200.91 | -5.85 |
| 2022 (9) | 3.40 | -1.73 | 2.18 | -18.66 | 107.48 | 1.77 | 167.23 | 22.74 | 61.31 | -0.91 | 213.40 | 18.56 |
| 2021 (8) | 3.46 | 36.76 | 2.68 | 16.02 | 105.61 | -26.85 | 136.25 | -13.75 | 61.87 | -6.44 | 179.99 | -23.81 |
| 2020 (7) | 2.53 | -11.23 | 2.31 | -16.91 | 144.38 | 12.83 | 157.97 | 20.1 | 66.13 | 23.42 | 236.23 | 14.72 |
| 2019 (6) | 2.85 | -8.95 | 2.78 | -10.03 | 127.96 | 9.6 | 131.53 | 11.42 | 53.58 | -8.06 | 205.91 | 16.65 |
| 2018 (5) | 3.13 | 1.29 | 3.09 | -8.85 | 116.75 | -1.18 | 118.05 | 9.64 | 58.28 | -10.24 | 176.52 | 9.71 |
| 2017 (4) | 3.09 | -6.65 | 3.39 | -16.71 | 118.14 | 7.16 | 107.67 | 20.17 | 64.93 | 18.68 | 160.89 | 10.84 |
| 2016 (3) | 3.31 | 28.29 | 4.07 | 14.65 | 110.25 | -22.13 | 89.60 | -12.83 | 54.71 | -29.21 | 145.15 | -13.14 |
| 2015 (2) | 2.58 | -11.95 | 3.55 | -7.07 | 141.59 | 13.56 | 102.79 | 7.66 | 77.28 | -4.47 | 167.10 | 19.99 |
| 2014 (1) | 2.93 | 0 | 3.82 | 0 | 124.68 | 0 | 95.48 | 0 | 80.90 | 0 | 139.26 | 0 |
