- 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) | 0.94 | -5.05 | -8.74 | 1.47 | -8.7 | -9.26 | 96.55 | 5.37 | 9.31 | 61.82 | 9.16 | 10.04 | 102.75 | 22.53 | 32.5 | 55.62 | -13.63 | -16.95 |
| 23Q3 (19) | 0.99 | 1.02 | -2.94 | 1.61 | 9.52 | 17.52 | 91.63 | -1.08 | 2.53 | 56.63 | -8.62 | -14.73 | 83.86 | -0.5 | 2.54 | 64.40 | -8.42 | -12.96 |
| 23Q2 (18) | 0.98 | 12.64 | -10.91 | 1.47 | 8.09 | 8.89 | 92.63 | -11.06 | 11.8 | 61.97 | -7.47 | -7.87 | 84.28 | -11.31 | 4.15 | 70.32 | -7.58 | 1.62 |
| 23Q1 (17) | 0.87 | -15.53 | -13.86 | 1.36 | -16.05 | 13.33 | 104.15 | 17.91 | 15.71 | 66.97 | 19.21 | -11.85 | 95.03 | 22.54 | -1.37 | 76.09 | 13.62 | 9.28 |
| 22Q4 (16) | 1.03 | 0.98 | -10.43 | 1.62 | 18.25 | 3.85 | 88.33 | -1.16 | 11.46 | 56.18 | -15.4 | -3.95 | 77.55 | -5.17 | -5.91 | 66.97 | -9.49 | 21.04 |
| 22Q3 (15) | 1.02 | -7.27 | -12.82 | 1.37 | 1.48 | -27.51 | 89.37 | 7.87 | 14.97 | 66.41 | -1.26 | 38.21 | 81.78 | 1.06 | 5.78 | 73.99 | 6.92 | 52.65 |
| 22Q2 (14) | 1.10 | 8.91 | 12.24 | 1.35 | 12.5 | -22.41 | 82.85 | -7.95 | -10.36 | 67.26 | -11.47 | 28.51 | 80.92 | -16.01 | -12.99 | 69.20 | -0.62 | 33.67 |
| 22Q1 (13) | 1.01 | -12.17 | 8.6 | 1.20 | -23.08 | -42.03 | 90.01 | 13.58 | -8.31 | 75.97 | 29.89 | 72.66 | 96.35 | 16.9 | 7.58 | 69.63 | 25.84 | 32.35 |
| 21Q4 (12) | 1.15 | -1.71 | 8.49 | 1.56 | -17.46 | -33.9 | 79.25 | 1.96 | -8.12 | 58.49 | 21.73 | 51.73 | 82.42 | 6.61 | 1.4 | 55.33 | 14.15 | 27.14 |
| 21Q3 (11) | 1.17 | 19.39 | 12.5 | 1.89 | 8.62 | -6.9 | 77.73 | -15.9 | -10.96 | 48.05 | -8.2 | 6.99 | 77.31 | -16.87 | -13.69 | 48.47 | -6.37 | 13.67 |
| 21Q2 (10) | 0.98 | 5.38 | 12.64 | 1.74 | -15.94 | -14.71 | 92.43 | -5.85 | -12.14 | 52.34 | 18.95 | 17.14 | 93.00 | 3.84 | 0.8 | 51.77 | -1.6 | -10.15 |
| 21Q1 (9) | 0.93 | -12.26 | 25.68 | 2.07 | -12.29 | 2.48 | 98.17 | 13.82 | -20.52 | 44.00 | 14.14 | -2.18 | 89.56 | 10.19 | -10.73 | 52.61 | 20.89 | -22.83 |
| 20Q4 (8) | 1.06 | 1.92 | 23.26 | 2.36 | 16.26 | -9.23 | 86.25 | -1.2 | -18.68 | 38.55 | -14.16 | 10.17 | 81.28 | -9.26 | -1.86 | 43.52 | 2.06 | -25.26 |
| 20Q3 (7) | 1.04 | 19.54 | 8.33 | 2.03 | -0.49 | -30.24 | 87.30 | -17.02 | -7.68 | 44.91 | 0.51 | 43.67 | 89.57 | -2.92 | 26.62 | 42.64 | -26.0 | -22.59 |
| 20Q2 (6) | 0.87 | 17.57 | -13.0 | 2.04 | 0.99 | -22.73 | 105.20 | -14.82 | 15.35 | 44.68 | -0.67 | 29.43 | 92.26 | -8.03 | 35.1 | 57.62 | -15.48 | 0.31 |
| 20Q1 (5) | 0.74 | -13.95 | 1.37 | 2.02 | -22.31 | -2.88 | 123.51 | 16.45 | -0.38 | 44.98 | 28.55 | 2.74 | 100.32 | 21.13 | 4.82 | 68.17 | 17.07 | -5.39 |
| 19Q4 (4) | 0.86 | -10.42 | 0.0 | 2.60 | -10.65 | 0.0 | 106.06 | 12.16 | 0.0 | 34.99 | 11.93 | 0.0 | 82.82 | 17.08 | 0.0 | 58.23 | 5.72 | 0.0 |
| 19Q3 (3) | 0.96 | -4.0 | 0.0 | 2.91 | 10.23 | 0.0 | 94.56 | 3.68 | 0.0 | 31.26 | -9.44 | 0.0 | 70.74 | 3.59 | 0.0 | 55.08 | -4.11 | 0.0 |
| 19Q2 (2) | 1.00 | 36.99 | 0.0 | 2.64 | 26.92 | 0.0 | 91.20 | -26.44 | 0.0 | 34.52 | -21.15 | 0.0 | 68.29 | -28.65 | 0.0 | 57.44 | -20.28 | 0.0 |
| 19Q1 (1) | 0.73 | 0.0 | 0.0 | 2.08 | 0.0 | 0.0 | 123.98 | 0.0 | 0.0 | 43.78 | 0.0 | 0.0 | 95.71 | 0.0 | 0.0 | 72.05 | 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) | 3.64 | -2.93 | 5.90 | 12.38 | 100.30 | 3.13 | 61.88 | -10.93 | 98.22 | 3.34 | 63.96 | -10.76 |
| 2022 (9) | 3.75 | -10.5 | 5.25 | -17.06 | 97.26 | 11.77 | 69.47 | 20.44 | 95.05 | 7.74 | 71.67 | 26.89 |
| 2021 (8) | 4.19 | 22.51 | 6.33 | -23.27 | 87.02 | -18.51 | 57.68 | 30.38 | 88.22 | -7.97 | 56.48 | 2.41 |
| 2020 (7) | 3.42 | 3.01 | 8.25 | -6.78 | 106.78 | -2.88 | 44.24 | 7.25 | 95.86 | 1.31 | 55.15 | -2.54 |
| 2019 (6) | 3.32 | 0.0 | 8.85 | -9.23 | 109.95 | 0.11 | 41.25 | 10.24 | 94.62 | 5.63 | 56.59 | -1.87 |
| 2018 (5) | 3.32 | -12.63 | 9.75 | -18.61 | 109.83 | 14.31 | 37.42 | 22.85 | 89.58 | 9.07 | 57.67 | 29.89 |
| 2017 (4) | 3.80 | 28.38 | 11.98 | 15.41 | 96.08 | -22.12 | 30.46 | -13.37 | 82.13 | -19.56 | 44.40 | -21.32 |
| 2016 (3) | 2.96 | -15.43 | 10.38 | -4.42 | 123.37 | 18.28 | 35.16 | 4.58 | 102.10 | 17.03 | 56.43 | 11.35 |
| 2015 (2) | 3.50 | -7.89 | 10.86 | 11.27 | 104.30 | 8.6 | 33.62 | -10.11 | 87.24 | 1.94 | 50.68 | 5.87 |
| 2014 (1) | 3.80 | 22.98 | 9.76 | -8.36 | 96.04 | -18.75 | 37.40 | 9.13 | 85.58 | -8.88 | 47.87 | -18.25 |
