- 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) | 1.87 | 2.19 | 3.31 | 1.20 | -5.51 | -12.41 | 48.67 | -1.86 | -3.2 | 75.70 | 5.87 | 13.94 | 78.73 | 4.06 | 24.53 | 45.64 | 0.46 | -14.69 |
| 23Q3 (19) | 1.83 | 8.28 | 3.98 | 1.27 | 4.96 | 4.96 | 49.59 | -7.98 | -4.1 | 71.50 | -5.08 | -5.12 | 75.66 | -1.09 | 22.15 | 45.43 | -13.83 | -30.25 |
| 23Q2 (18) | 1.69 | 6.96 | 0.6 | 1.21 | 0.83 | 18.63 | 53.89 | -6.31 | -0.54 | 75.33 | -0.97 | -15.64 | 76.49 | 2.6 | 17.48 | 52.72 | -10.7 | -32.73 |
| 23Q1 (17) | 1.58 | -12.71 | 3.27 | 1.20 | -12.41 | 30.43 | 57.52 | 14.4 | -3.38 | 76.07 | 14.49 | -23.3 | 74.55 | 17.92 | -5.73 | 59.04 | 10.36 | -25.86 |
| 22Q4 (16) | 1.81 | 2.84 | 1.12 | 1.37 | 13.22 | 29.25 | 50.28 | -2.77 | -1.28 | 66.44 | -11.84 | -22.32 | 63.22 | 2.07 | -10.86 | 53.50 | -17.86 | -18.37 |
| 22Q3 (15) | 1.76 | 4.76 | -2.22 | 1.21 | 18.63 | 19.8 | 51.71 | -4.56 | 2.29 | 75.36 | -15.61 | -16.46 | 61.94 | -4.87 | -17.79 | 65.13 | -16.89 | -0.46 |
| 22Q2 (14) | 1.68 | 9.8 | -7.18 | 1.02 | 10.87 | -2.86 | 54.18 | -8.99 | 7.99 | 89.30 | -9.96 | 2.61 | 65.11 | -17.67 | -21.88 | 78.37 | -1.58 | 45.56 |
| 22Q1 (13) | 1.53 | -14.53 | -5.56 | 0.92 | -13.21 | -21.37 | 59.53 | 16.89 | 5.79 | 99.18 | 15.96 | 27.35 | 79.08 | 11.51 | -3.04 | 79.63 | 21.5 | 51.42 |
| 21Q4 (12) | 1.79 | -0.56 | -5.29 | 1.06 | 4.95 | -28.38 | 50.93 | 0.75 | 5.75 | 85.53 | -5.19 | 38.76 | 70.92 | -5.87 | 21.79 | 65.54 | 0.17 | 27.09 |
| 21Q3 (11) | 1.80 | -0.55 | -8.16 | 1.01 | -3.81 | -10.62 | 50.55 | 0.76 | 8.8 | 90.21 | 3.65 | 11.54 | 75.34 | -9.61 | 13.12 | 65.43 | 21.53 | 7.7 |
| 21Q2 (10) | 1.81 | 11.73 | -4.23 | 1.05 | -10.26 | 8.25 | 50.17 | -10.84 | 4.0 | 87.03 | 11.75 | -7.05 | 83.35 | 2.19 | 0.8 | 53.84 | 2.38 | -9.02 |
| 21Q1 (9) | 1.62 | -14.29 | -6.9 | 1.17 | -20.95 | 13.59 | 56.27 | 16.84 | 7.88 | 77.88 | 26.35 | -12.09 | 81.56 | 40.07 | -12.11 | 52.59 | 1.98 | 9.7 |
| 20Q4 (8) | 1.89 | -3.57 | 8.62 | 1.48 | 30.97 | 15.62 | 48.16 | 3.66 | -7.83 | 61.64 | -23.79 | -13.09 | 58.23 | -12.57 | -24.87 | 51.57 | -15.11 | 12.94 |
| 20Q3 (7) | 1.96 | 3.7 | -6.22 | 1.13 | 16.49 | -20.42 | 46.46 | -3.69 | 6.85 | 80.88 | -13.62 | 26.02 | 66.60 | -19.46 | 4.67 | 60.75 | 2.65 | 38.01 |
| 20Q2 (6) | 1.89 | 8.62 | -12.9 | 0.97 | -5.83 | -17.8 | 48.24 | -7.52 | 14.86 | 93.63 | 5.69 | 21.58 | 82.69 | -10.89 | 16.04 | 59.18 | 23.45 | 23.94 |
| 20Q1 (5) | 1.74 | 0.0 | 10.13 | 1.03 | -19.53 | -6.36 | 52.16 | -0.17 | -9.33 | 88.59 | 24.92 | 7.39 | 92.80 | 19.73 | 11.61 | 47.94 | 4.99 | -15.7 |
| 19Q4 (4) | 1.74 | -16.75 | 0.0 | 1.28 | -9.86 | 0.0 | 52.25 | 20.17 | 0.0 | 70.92 | 10.5 | 0.0 | 77.51 | 21.81 | 0.0 | 45.66 | 3.73 | 0.0 |
| 19Q3 (3) | 2.09 | -3.69 | 0.0 | 1.42 | 20.34 | 0.0 | 43.48 | 3.52 | 0.0 | 64.18 | -16.66 | 0.0 | 63.63 | -10.71 | 0.0 | 44.02 | -7.81 | 0.0 |
| 19Q2 (2) | 2.17 | 37.34 | 0.0 | 1.18 | 7.27 | 0.0 | 42.00 | -26.99 | 0.0 | 77.01 | -6.64 | 0.0 | 71.26 | -14.3 | 0.0 | 47.75 | -16.04 | 0.0 |
| 19Q1 (1) | 1.58 | 0.0 | 0.0 | 1.10 | 0.0 | 0.0 | 57.53 | 0.0 | 0.0 | 82.49 | 0.0 | 0.0 | 83.15 | 0.0 | 0.0 | 56.87 | 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) | 6.94 | 5.47 | 4.93 | 5.79 | 52.59 | -5.16 | 74.04 | -5.43 | 73.53 | 1.69 | 53.09 | -13.58 |
| 2022 (9) | 6.58 | 5.79 | 4.66 | 3.56 | 55.45 | -5.5 | 78.29 | -3.38 | 72.31 | -5.38 | 61.43 | -2.94 |
| 2021 (8) | 6.22 | -9.72 | 4.50 | -11.42 | 58.68 | 10.7 | 81.03 | 12.76 | 76.42 | -3.27 | 63.29 | 37.98 |
| 2020 (7) | 6.89 | -7.02 | 5.08 | -5.4 | 53.01 | 7.59 | 71.86 | 5.75 | 79.00 | 2.86 | 45.87 | 13.51 |
| 2019 (6) | 7.41 | 21.08 | 5.37 | 3.27 | 49.27 | -17.39 | 67.95 | -3.27 | 76.80 | -1.27 | 40.41 | -22.44 |
| 2018 (5) | 6.12 | -13.8 | 5.20 | -16.8 | 59.64 | 15.99 | 70.25 | 20.21 | 77.79 | -1.06 | 52.10 | 66.77 |
| 2017 (4) | 7.10 | -6.82 | 6.25 | -3.4 | 51.42 | 7.39 | 58.44 | 3.58 | 78.62 | -12.19 | 31.24 | 111.51 |
| 2016 (3) | 7.62 | 13.22 | 6.47 | 11.55 | 47.88 | -11.69 | 56.42 | -10.42 | 89.53 | -3.38 | 14.77 | -39.84 |
| 2015 (2) | 6.73 | -0.3 | 5.80 | -5.38 | 54.22 | 0.33 | 62.98 | 5.69 | 92.66 | -0.87 | 24.55 | 21.78 |
| 2014 (1) | 6.75 | 1.66 | 6.13 | -7.68 | 54.04 | -1.67 | 59.59 | 8.44 | 93.47 | -0.68 | 20.16 | 27.59 |
