- 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) | 1.99 | 15.03 | 19.88 | 2.31 | 22.87 | 13.24 | 45.73 | -12.86 | -16.67 | 39.33 | -18.69 | -12.01 | 48.39 | -11.47 | -13.53 | 36.67 | -20.61 | -15.93 |
| 23Q3 (19) | 1.73 | -1.14 | 9.49 | 1.88 | 21.29 | -6.47 | 52.48 | 0.67 | -8.7 | 48.37 | -17.43 | 6.8 | 54.66 | -0.04 | -3.12 | 46.19 | -17.56 | -0.35 |
| 23Q2 (18) | 1.75 | 8.02 | 5.42 | 1.55 | -1.27 | -17.55 | 52.13 | -7.04 | -4.84 | 58.58 | 0.97 | 20.86 | 54.68 | -6.27 | -0.8 | 56.03 | 0.5 | 16.41 |
| 23Q1 (17) | 1.62 | -2.41 | 17.39 | 1.57 | -23.04 | -15.14 | 56.08 | 2.19 | -15.03 | 58.02 | 29.8 | 18.24 | 58.34 | 4.25 | -13.67 | 55.75 | 27.81 | 17.39 |
| 22Q4 (16) | 1.66 | 5.06 | -8.29 | 2.04 | 1.49 | -23.6 | 54.88 | -4.52 | 9.11 | 44.70 | -1.3 | 31.12 | 55.96 | -0.82 | 11.67 | 43.62 | -5.89 | 27.21 |
| 22Q3 (15) | 1.58 | -4.82 | -1.86 | 2.01 | 6.91 | -9.05 | 57.48 | 4.93 | 1.73 | 45.29 | -6.56 | 10.19 | 56.42 | 2.36 | -0.32 | 46.35 | -3.7 | 13.02 |
| 22Q2 (14) | 1.66 | 20.29 | -2.35 | 1.88 | 1.62 | -13.76 | 54.78 | -17.0 | 2.11 | 48.47 | -1.22 | 16.01 | 55.12 | -18.44 | -1.55 | 48.13 | 1.35 | 22.03 |
| 22Q1 (13) | 1.38 | -23.76 | -12.1 | 1.85 | -30.71 | -11.48 | 66.00 | 31.21 | 13.73 | 49.07 | 43.94 | 12.44 | 67.58 | 34.86 | 0.82 | 47.49 | 38.5 | 37.1 |
| 21Q4 (12) | 1.81 | 12.42 | -25.21 | 2.67 | 20.81 | -9.18 | 50.30 | -10.97 | 33.85 | 34.09 | -17.06 | 10.04 | 50.11 | -11.47 | 6.94 | 34.29 | -16.39 | 57.95 |
| 21Q3 (11) | 1.61 | -5.29 | -8.0 | 2.21 | 1.38 | 10.5 | 56.50 | 5.31 | 8.95 | 41.10 | -1.63 | -9.77 | 56.60 | 1.09 | -3.05 | 41.01 | 3.98 | 5.07 |
| 21Q2 (10) | 1.70 | 8.28 | 6.25 | 2.18 | 4.31 | 6.34 | 53.65 | -7.55 | -5.4 | 41.78 | -4.26 | -6.01 | 55.99 | -16.47 | -2.17 | 39.44 | 13.86 | -10.2 |
| 21Q1 (9) | 1.57 | -35.12 | 42.73 | 2.09 | -28.91 | 23.67 | 58.03 | 54.42 | -29.59 | 43.64 | 40.87 | -18.79 | 67.03 | 43.04 | -16.89 | 34.64 | 59.56 | -37.6 |
| 20Q4 (8) | 2.42 | 38.29 | 43.2 | 2.94 | 47.0 | 8.89 | 37.58 | -27.54 | -30.12 | 30.98 | -31.99 | -8.1 | 46.86 | -19.73 | -12.87 | 21.71 | -44.38 | -35.62 |
| 20Q3 (7) | 1.75 | 9.37 | 12.9 | 2.00 | -2.44 | -3.38 | 51.86 | -8.55 | -11.56 | 45.55 | 2.47 | 3.48 | 58.38 | 2.01 | -2.76 | 39.03 | -11.13 | -8.42 |
| 20Q2 (6) | 1.60 | 45.45 | 0.63 | 2.05 | 21.3 | 6.77 | 56.71 | -31.19 | -0.87 | 44.45 | -17.29 | -6.05 | 57.23 | -29.04 | 2.36 | 43.92 | -20.88 | -9.65 |
| 20Q1 (5) | 1.10 | -34.91 | -8.33 | 1.69 | -37.41 | 1.2 | 82.42 | 53.25 | 8.93 | 53.74 | 59.42 | -1.61 | 80.65 | 49.96 | 10.71 | 55.51 | 64.62 | -3.33 |
| 19Q4 (4) | 1.69 | 9.03 | 0.0 | 2.70 | 30.43 | 0.0 | 53.78 | -8.29 | 0.0 | 33.71 | -23.42 | 0.0 | 53.78 | -10.43 | 0.0 | 33.72 | -20.88 | 0.0 |
| 19Q3 (3) | 1.55 | -2.52 | 0.0 | 2.07 | 7.81 | 0.0 | 58.64 | 2.5 | 0.0 | 44.02 | -6.95 | 0.0 | 60.04 | 7.39 | 0.0 | 42.62 | -12.32 | 0.0 |
| 19Q2 (2) | 1.59 | 32.5 | 0.0 | 1.92 | 14.97 | 0.0 | 57.21 | -24.39 | 0.0 | 47.31 | -13.38 | 0.0 | 55.91 | -23.25 | 0.0 | 48.61 | -15.34 | 0.0 |
| 19Q1 (1) | 1.20 | 0.0 | 0.0 | 1.67 | 0.0 | 0.0 | 75.66 | 0.0 | 0.0 | 54.62 | 0.0 | 0.0 | 72.85 | 0.0 | 0.0 | 57.42 | 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 | 6.66 | 6.92 | -10.48 | 58.37 | -6.22 | 52.77 | 11.75 | 62.01 | -1.37 | 49.13 | 5.45 |
| 2022 (9) | 5.86 | 2.81 | 7.73 | -13.92 | 62.24 | -2.83 | 47.22 | 16.19 | 62.87 | -9.41 | 46.59 | 32.02 |
| 2021 (8) | 5.70 | 4.97 | 8.98 | -2.5 | 64.05 | -4.76 | 40.64 | 2.52 | 69.40 | -2.51 | 35.29 | -1.15 |
| 2020 (7) | 5.43 | 6.26 | 9.21 | 4.54 | 67.25 | -5.76 | 39.64 | -4.3 | 71.19 | 5.75 | 35.70 | -21.47 |
| 2019 (6) | 5.11 | 10.37 | 8.81 | 5.26 | 71.36 | -9.46 | 41.42 | -5.04 | 67.32 | -15.44 | 45.46 | 6.14 |
| 2018 (5) | 4.63 | -3.74 | 8.37 | -9.9 | 78.82 | 3.78 | 43.62 | 10.99 | 79.61 | -0.26 | 42.83 | 20.92 |
| 2017 (4) | 4.81 | -27.23 | 9.29 | -6.54 | 75.95 | 37.54 | 39.30 | 7.08 | 79.82 | 30.42 | 35.42 | 15.3 |
| 2016 (3) | 6.61 | 0.46 | 9.94 | -5.15 | 55.22 | -0.4 | 36.70 | 5.43 | 61.20 | 1.17 | 30.72 | 3.19 |
| 2015 (2) | 6.58 | 18.77 | 10.48 | -8.87 | 55.44 | -15.81 | 34.81 | 9.67 | 60.49 | -10.24 | 29.77 | -1.39 |
| 2014 (1) | 5.54 | -3.15 | 11.50 | 3.05 | 65.85 | 3.28 | 31.74 | -2.97 | 67.39 | 1.06 | 30.19 | 1.38 |
