- 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) | 1.16 | 2.65 | 3.57 | 2.21 | -0.9 | 12.76 | 78.31 | -2.79 | -3.49 | 41.17 | 0.71 | -11.56 | 68.86 | 0.95 | -2.48 | 50.62 | -4.9 | -11.32 |
| 23Q3 (19) | 1.13 | -8.13 | -7.38 | 2.23 | 5.69 | 12.06 | 80.56 | 8.69 | 8.21 | 40.88 | -5.02 | -10.49 | 68.21 | 6.36 | 0.01 | 53.23 | 0.38 | 2.5 |
| 23Q2 (18) | 1.23 | 6.96 | 6.96 | 2.11 | 21.26 | 17.22 | 74.12 | -6.52 | -6.73 | 43.04 | -17.55 | -14.92 | 64.13 | -11.81 | -13.5 | 53.03 | -9.77 | -5.17 |
| 23Q1 (17) | 1.15 | 2.68 | 13.86 | 1.74 | -11.22 | -15.12 | 79.29 | -2.28 | -11.97 | 52.20 | 12.14 | 17.89 | 72.72 | 2.99 | -4.1 | 58.77 | 2.96 | 0.43 |
| 22Q4 (16) | 1.12 | -8.2 | -16.42 | 1.96 | -1.51 | -32.18 | 81.14 | 8.99 | 19.78 | 46.55 | 1.93 | 47.97 | 70.61 | 3.53 | 24.77 | 57.08 | 9.92 | 33.96 |
| 22Q3 (15) | 1.22 | 6.09 | -16.44 | 1.99 | 10.56 | -24.05 | 74.45 | -6.32 | 19.12 | 45.67 | -9.73 | 31.27 | 68.20 | -8.01 | 22.84 | 51.93 | -7.14 | 24.32 |
| 22Q2 (14) | 1.15 | 13.86 | -7.26 | 1.80 | -12.2 | -25.0 | 79.47 | -11.77 | 8.24 | 50.59 | 14.25 | 33.45 | 74.14 | -2.23 | 13.55 | 55.92 | -4.44 | 21.46 |
| 22Q1 (13) | 1.01 | -24.63 | -16.53 | 2.05 | -29.07 | -26.26 | 90.07 | 32.96 | 19.28 | 44.28 | 40.75 | 35.08 | 75.83 | 34.0 | 13.74 | 58.52 | 37.34 | 40.57 |
| 21Q4 (12) | 1.34 | -8.22 | -14.65 | 2.89 | 10.31 | -9.69 | 67.74 | 8.38 | 16.99 | 31.46 | -9.57 | 10.77 | 56.59 | 1.93 | 2.11 | 42.61 | 2.01 | 37.99 |
| 21Q3 (11) | 1.46 | 17.74 | 11.45 | 2.62 | 9.17 | -3.68 | 62.50 | -14.87 | -9.98 | 34.79 | -8.23 | 4.07 | 55.52 | -14.96 | -11.69 | 41.77 | -9.27 | 4.45 |
| 21Q2 (10) | 1.24 | 2.48 | -12.68 | 2.40 | -13.67 | -18.09 | 73.42 | -2.77 | 14.2 | 37.91 | 15.65 | 21.94 | 65.29 | -2.07 | 18.36 | 46.04 | 10.59 | 14.44 |
| 21Q1 (9) | 1.21 | -22.93 | 15.24 | 2.78 | -13.13 | 31.13 | 75.51 | 30.41 | -12.74 | 32.78 | 15.42 | -23.77 | 66.67 | 20.3 | -9.98 | 41.63 | 34.81 | -24.96 |
| 20Q4 (8) | 1.57 | 19.85 | 16.3 | 3.20 | 17.65 | 17.65 | 57.90 | -16.61 | -14.13 | 28.40 | -15.05 | -15.02 | 55.42 | -11.85 | -1.62 | 30.88 | -22.78 | -30.65 |
| 20Q3 (7) | 1.31 | -7.75 | 10.08 | 2.72 | -7.17 | 12.4 | 69.43 | 8.0 | -9.32 | 33.43 | 7.53 | -11.23 | 62.87 | 13.98 | -1.69 | 39.99 | -0.6 | -20.47 |
| 20Q2 (6) | 1.42 | 35.24 | 11.81 | 2.93 | 38.21 | 8.92 | 64.29 | -25.7 | -10.53 | 31.09 | -27.7 | -8.07 | 55.16 | -25.52 | -7.17 | 40.23 | -27.49 | -13.04 |
| 20Q1 (5) | 1.05 | -22.22 | -3.67 | 2.12 | -22.06 | -10.55 | 86.53 | 28.33 | 3.6 | 43.00 | 28.67 | 12.04 | 74.06 | 31.48 | 7.4 | 55.48 | 24.59 | 4.8 |
| 19Q4 (4) | 1.35 | 13.45 | 0.0 | 2.72 | 12.4 | 0.0 | 67.43 | -11.94 | 0.0 | 33.42 | -11.26 | 0.0 | 56.33 | -11.92 | 0.0 | 44.53 | -11.44 | 0.0 |
| 19Q3 (3) | 1.19 | -6.3 | 0.0 | 2.42 | -10.04 | 0.0 | 76.57 | 6.55 | 0.0 | 37.66 | 11.35 | 0.0 | 63.95 | 7.62 | 0.0 | 50.28 | 8.69 | 0.0 |
| 19Q2 (2) | 1.27 | 16.51 | 0.0 | 2.69 | 13.5 | 0.0 | 71.86 | -13.96 | 0.0 | 33.82 | -11.88 | 0.0 | 59.42 | -13.83 | 0.0 | 46.26 | -12.62 | 0.0 |
| 19Q1 (1) | 1.09 | 0.0 | 0.0 | 2.37 | 0.0 | 0.0 | 83.52 | 0.0 | 0.0 | 38.38 | 0.0 | 0.0 | 68.96 | 0.0 | 0.0 | 52.94 | 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) | 4.92 | 10.31 | 8.75 | -4.06 | 74.20 | -9.36 | 41.71 | 4.17 | 64.75 | -5.04 | 51.17 | -4.73 |
| 2022 (9) | 4.46 | -5.71 | 9.12 | -19.36 | 81.86 | 6.1 | 40.04 | 24.08 | 68.19 | 5.28 | 53.71 | 20.26 |
| 2021 (8) | 4.73 | -4.44 | 11.31 | -2.58 | 77.15 | 4.6 | 32.27 | 2.64 | 64.77 | 4.5 | 44.66 | 3.33 |
| 2020 (7) | 4.95 | -0.2 | 11.61 | -3.33 | 73.76 | 0.19 | 31.44 | 3.49 | 61.98 | 7.6 | 43.22 | -6.87 |
| 2019 (6) | 4.96 | -2.36 | 12.01 | -4.76 | 73.62 | 2.42 | 30.38 | 4.94 | 57.60 | -0.17 | 46.41 | 7.6 |
| 2018 (5) | 5.08 | 0.99 | 12.61 | -13.33 | 71.88 | -0.9 | 28.95 | 15.38 | 57.70 | -0.35 | 43.13 | 8.61 |
| 2017 (4) | 5.03 | 11.53 | 14.55 | -6.19 | 72.53 | -10.43 | 25.09 | 6.63 | 57.90 | -9.78 | 39.71 | -1.54 |
| 2016 (3) | 4.51 | -8.52 | 15.51 | 8.39 | 80.98 | 9.37 | 23.53 | -7.76 | 64.18 | -4.76 | 40.33 | 25.37 |
| 2015 (2) | 4.93 | 5.79 | 14.31 | 4.22 | 74.04 | -5.38 | 25.51 | -4.06 | 67.39 | -5.36 | 32.17 | -4.31 |
| 2014 (1) | 4.66 | 15.92 | 13.73 | 6.35 | 78.25 | -13.78 | 26.59 | -5.91 | 71.21 | -8.85 | 33.62 | -17.8 |
