- 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) | 1.29 | 0.78 | 0.78 | 1.11 | -1.77 | 14.43 | 70.74 | -0.53 | -0.38 | 81.78 | 1.68 | -12.5 | 68.08 | 0.27 | 8.1 | 84.43 | 0.92 | -16.82 |
| 23Q3 (19) | 1.28 | -7.25 | -3.76 | 1.13 | -2.59 | 20.21 | 71.12 | 7.92 | 3.69 | 80.43 | 2.12 | -17.1 | 67.90 | 13.19 | -1.16 | 83.66 | -1.19 | -13.67 |
| 23Q2 (18) | 1.38 | 6.15 | -14.29 | 1.16 | 13.73 | 22.11 | 65.90 | -5.87 | 16.45 | 78.76 | -12.03 | -17.73 | 59.99 | -1.72 | -16.25 | 84.67 | -14.04 | 4.92 |
| 23Q1 (17) | 1.30 | 1.56 | -27.37 | 1.02 | 5.15 | 3.03 | 70.01 | -1.41 | 37.73 | 89.53 | -4.21 | -2.11 | 61.04 | -3.08 | -15.28 | 98.50 | -2.96 | 40.21 |
| 22Q4 (16) | 1.28 | -3.76 | -30.81 | 0.97 | 3.19 | -11.01 | 71.01 | 3.53 | 44.68 | 93.46 | -3.67 | 11.74 | 62.98 | -8.33 | -6.85 | 101.50 | 4.74 | 55.89 |
| 22Q3 (15) | 1.33 | -17.39 | -22.22 | 0.94 | -1.05 | -13.76 | 68.59 | 21.21 | 29.15 | 97.02 | 1.35 | 15.82 | 68.70 | -4.09 | -6.24 | 96.91 | 20.09 | 52.35 |
| 22Q2 (14) | 1.61 | -10.06 | -8.0 | 0.95 | -4.04 | -22.76 | 56.59 | 11.33 | 9.08 | 95.73 | 4.67 | 28.89 | 71.63 | -0.58 | -2.54 | 80.70 | 14.88 | 53.25 |
| 22Q1 (13) | 1.79 | -3.24 | 18.54 | 0.99 | -9.17 | -18.85 | 50.83 | 3.57 | -15.49 | 91.46 | 9.35 | 22.81 | 72.05 | 6.57 | -11.25 | 70.25 | 7.89 | 31.46 |
| 21Q4 (12) | 1.85 | 8.19 | 17.09 | 1.09 | 0.0 | -24.31 | 49.08 | -7.59 | -14.91 | 83.64 | -0.16 | 32.72 | 67.61 | -7.72 | -5.22 | 65.11 | 2.36 | 31.86 |
| 21Q3 (11) | 1.71 | -2.29 | 5.56 | 1.09 | -11.38 | -26.35 | 53.11 | 2.37 | -5.43 | 83.77 | 12.79 | 36.34 | 73.27 | -0.31 | 7.77 | 63.61 | 20.79 | 28.22 |
| 21Q2 (10) | 1.75 | 15.89 | 5.42 | 1.23 | 0.82 | -15.17 | 51.88 | -13.75 | -5.57 | 74.27 | -0.27 | 18.45 | 73.50 | -9.46 | 10.78 | 52.66 | -1.46 | 2.67 |
| 21Q1 (9) | 1.51 | -4.43 | 7.86 | 1.22 | -15.28 | -4.69 | 60.15 | 4.28 | -7.73 | 74.47 | 18.17 | 4.96 | 81.18 | 13.81 | 7.95 | 53.44 | 8.22 | -12.29 |
| 20Q4 (8) | 1.58 | -2.47 | 6.04 | 1.44 | -2.7 | -2.04 | 57.68 | 2.71 | -5.43 | 63.02 | 2.57 | 1.65 | 71.33 | 4.91 | 4.27 | 49.38 | -0.46 | -9.51 |
| 20Q3 (7) | 1.62 | -2.41 | 9.46 | 1.48 | 2.07 | -0.67 | 56.16 | 2.22 | -8.56 | 61.44 | -2.01 | 0.87 | 67.99 | 2.47 | -1.21 | 49.61 | -3.28 | -7.29 |
| 20Q2 (6) | 1.66 | 18.57 | 10.67 | 1.45 | 13.28 | -8.23 | 54.94 | -15.72 | -9.61 | 62.70 | -11.63 | 8.72 | 66.35 | -11.77 | -1.72 | 51.29 | -15.82 | 0.71 |
| 20Q1 (5) | 1.40 | -6.04 | -2.1 | 1.28 | -12.93 | -12.33 | 65.19 | 6.89 | 2.73 | 70.95 | 14.44 | 13.61 | 75.20 | 9.93 | 0.12 | 60.93 | 11.65 | 19.94 |
| 19Q4 (4) | 1.49 | 0.68 | 0.0 | 1.47 | -1.34 | 0.0 | 60.99 | -0.7 | 0.0 | 62.00 | 1.79 | 0.0 | 68.41 | -0.6 | 0.0 | 54.57 | 1.98 | 0.0 |
| 19Q3 (3) | 1.48 | -1.33 | 0.0 | 1.49 | -5.7 | 0.0 | 61.42 | 1.05 | 0.0 | 60.91 | 5.62 | 0.0 | 68.82 | 1.94 | 0.0 | 53.51 | 5.07 | 0.0 |
| 19Q2 (2) | 1.50 | 4.9 | 0.0 | 1.58 | 8.22 | 0.0 | 60.78 | -4.22 | 0.0 | 57.67 | -7.65 | 0.0 | 67.51 | -10.12 | 0.0 | 50.93 | 0.26 | 0.0 |
| 19Q1 (1) | 1.43 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 63.46 | 0.0 | 0.0 | 62.45 | 0.0 | 0.0 | 75.11 | 0.0 | 0.0 | 50.80 | 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) | 5.21 | -20.58 | 4.17 | -4.58 | 70.09 | 25.9 | 87.55 | 4.74 | 63.69 | 2.59 | 93.95 | 21.73 |
| 2022 (9) | 6.56 | 0.92 | 4.37 | -3.74 | 55.67 | -0.84 | 83.59 | 3.86 | 62.08 | -19.09 | 77.18 | 28.87 |
| 2021 (8) | 6.50 | 15.04 | 4.54 | -13.19 | 56.14 | -13.03 | 80.48 | 15.35 | 76.73 | -2.87 | 59.89 | 8.28 |
| 2020 (7) | 5.65 | -1.05 | 5.23 | -5.6 | 64.55 | 1.06 | 69.77 | 5.92 | 79.00 | 3.17 | 55.31 | 4.01 |
| 2019 (6) | 5.71 | 3.07 | 5.54 | -8.28 | 63.87 | -3.05 | 65.87 | 8.93 | 76.57 | 1.26 | 53.18 | 4.83 |
| 2018 (5) | 5.54 | 8.2 | 6.04 | -6.65 | 65.88 | -7.58 | 60.47 | 7.24 | 75.62 | -5.56 | 50.73 | 6.55 |
| 2017 (4) | 5.12 | -0.39 | 6.47 | -4.57 | 71.28 | 0.41 | 56.39 | 4.7 | 80.07 | -4.98 | 47.61 | 17.35 |
| 2016 (3) | 5.14 | 2.8 | 6.78 | -2.31 | 70.99 | -2.82 | 53.86 | 2.36 | 84.27 | 0.97 | 40.57 | -3.91 |
| 2015 (2) | 5.00 | -18.17 | 6.94 | -4.93 | 73.05 | 22.34 | 52.62 | 5.26 | 83.46 | 1.51 | 42.22 | 53.64 |
| 2014 (1) | 6.11 | -28.7 | 7.30 | 1.67 | 59.71 | 40.13 | 49.99 | -1.61 | 82.22 | 4.74 | 27.48 | 84.31 |
