- 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) | 1.14 | -3.39 | 10.68 | 1.27 | -7.3 | 18.69 | 79.68 | 3.59 | -10.12 | 71.67 | 7.64 | -16.0 | 74.95 | 12.84 | 27.14 | 76.40 | -0.88 | -33.58 |
| 23Q3 (19) | 1.18 | 7.27 | 28.26 | 1.37 | 8.73 | 42.71 | 76.92 | -7.1 | -22.14 | 66.58 | -7.71 | -29.8 | 66.42 | 6.8 | 6.44 | 77.08 | -16.9 | -41.26 |
| 23Q2 (18) | 1.10 | 6.8 | 10.0 | 1.26 | 9.57 | 24.75 | 82.80 | -6.09 | -9.37 | 72.14 | -8.58 | -19.89 | 62.19 | 2.57 | 0.94 | 92.76 | -12.86 | -22.58 |
| 23Q1 (17) | 1.03 | 0.0 | -11.97 | 1.15 | 7.48 | 1.77 | 88.17 | -0.54 | 13.68 | 78.91 | -7.51 | -1.62 | 60.63 | 2.85 | -9.86 | 106.45 | -7.45 | 17.62 |
| 22Q4 (16) | 1.03 | 11.96 | -27.46 | 1.07 | 11.46 | -18.32 | 88.65 | -10.26 | 37.93 | 85.32 | -10.04 | 22.62 | 58.95 | -5.53 | -4.8 | 115.02 | -12.35 | 59.91 |
| 22Q3 (15) | 0.92 | -8.0 | -33.81 | 0.96 | -4.95 | -21.95 | 98.79 | 8.13 | 51.22 | 94.84 | 5.32 | 27.7 | 62.40 | 1.28 | 3.48 | 131.23 | 9.53 | 65.49 |
| 22Q2 (14) | 1.00 | -14.53 | -31.51 | 1.01 | -10.62 | -21.71 | 91.36 | 17.79 | 46.46 | 90.05 | 12.27 | 27.26 | 61.61 | -8.4 | 1.87 | 119.81 | 32.39 | 64.89 |
| 22Q1 (13) | 1.17 | -17.61 | -13.33 | 1.13 | -13.74 | -16.3 | 77.56 | 20.68 | 14.78 | 80.21 | 15.28 | 19.32 | 67.26 | 8.62 | -0.47 | 90.50 | 25.82 | 34.67 |
| 21Q4 (12) | 1.42 | 2.16 | -2.74 | 1.31 | 6.5 | -27.62 | 64.27 | -1.62 | 2.77 | 69.58 | -6.31 | 38.33 | 61.92 | 2.69 | 5.52 | 71.93 | -9.29 | 32.81 |
| 21Q3 (11) | 1.39 | -4.79 | -5.44 | 1.23 | -4.65 | -36.6 | 65.33 | 4.73 | 5.66 | 74.27 | 4.96 | 58.59 | 60.30 | -0.3 | 13.01 | 79.30 | 9.14 | 43.37 |
| 21Q2 (10) | 1.46 | 8.15 | 0.0 | 1.29 | -4.44 | -22.75 | 62.38 | -7.68 | -0.18 | 70.76 | 5.27 | 29.55 | 60.48 | -10.51 | 23.18 | 72.66 | 8.12 | 6.84 |
| 21Q1 (9) | 1.35 | -7.53 | 22.73 | 1.35 | -25.41 | 15.38 | 67.57 | 8.04 | -18.53 | 67.22 | 33.64 | -13.67 | 67.58 | 15.17 | 10.61 | 67.20 | 24.08 | -32.59 |
| 20Q4 (8) | 1.46 | -0.68 | 17.74 | 1.81 | -6.7 | 39.23 | 62.54 | 1.15 | -14.49 | 50.30 | 7.41 | -28.32 | 58.68 | 9.97 | -4.89 | 54.16 | -2.08 | -33.64 |
| 20Q3 (7) | 1.47 | 0.68 | 13.08 | 1.94 | 16.17 | 55.2 | 61.83 | -1.06 | -11.78 | 46.83 | -14.26 | -35.7 | 53.36 | 8.68 | -16.9 | 55.31 | -18.67 | -29.73 |
| 20Q2 (6) | 1.46 | 32.73 | 21.67 | 1.67 | 42.74 | 46.49 | 62.49 | -24.66 | -17.43 | 54.62 | -29.85 | -31.68 | 49.10 | -19.64 | -29.61 | 68.01 | -31.78 | -20.81 |
| 20Q1 (5) | 1.10 | -11.29 | -7.56 | 1.17 | -10.0 | -0.85 | 82.94 | 13.4 | 8.46 | 77.86 | 10.96 | 1.24 | 61.10 | -0.97 | -13.38 | 99.69 | 22.14 | 20.35 |
| 19Q4 (4) | 1.24 | -4.62 | 0.0 | 1.30 | 4.0 | 0.0 | 73.14 | 4.35 | 0.0 | 70.17 | -3.65 | 0.0 | 61.70 | -3.91 | 0.0 | 81.62 | 3.7 | 0.0 |
| 19Q3 (3) | 1.30 | 8.33 | 0.0 | 1.25 | 9.65 | 0.0 | 70.09 | -7.39 | 0.0 | 72.83 | -8.91 | 0.0 | 64.21 | -7.94 | 0.0 | 78.71 | -8.35 | 0.0 |
| 19Q2 (2) | 1.20 | 0.84 | 0.0 | 1.14 | -3.39 | 0.0 | 75.68 | -1.03 | 0.0 | 79.95 | 3.95 | 0.0 | 69.75 | -1.12 | 0.0 | 85.88 | 3.68 | 0.0 |
| 19Q1 (1) | 1.19 | 0.0 | 0.0 | 1.18 | 0.0 | 0.0 | 76.47 | 0.0 | 0.0 | 76.91 | 0.0 | 0.0 | 70.54 | 0.0 | 0.0 | 82.83 | 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) | 4.66 | -2.31 | 5.02 | 3.08 | 78.41 | 2.54 | 72.64 | -3.09 | 64.58 | -2.8 | 86.47 | 1.74 |
| 2022 (9) | 4.77 | -10.84 | 4.87 | -12.09 | 76.47 | 12.09 | 74.96 | 13.83 | 66.44 | -4.39 | 84.99 | 31.6 |
| 2021 (8) | 5.35 | 0.94 | 5.54 | -5.78 | 68.22 | -1.0 | 65.85 | 6.07 | 69.49 | 11.13 | 64.58 | -5.67 |
| 2020 (7) | 5.30 | 9.73 | 5.88 | 16.67 | 68.91 | -8.76 | 62.08 | -14.23 | 62.53 | -4.65 | 68.46 | -16.85 |
| 2019 (6) | 4.83 | -5.85 | 5.04 | -4.36 | 75.53 | 6.2 | 72.38 | 4.49 | 65.58 | -6.1 | 82.33 | 16.7 |
| 2018 (5) | 5.13 | -1.35 | 5.27 | -1.5 | 71.12 | 1.38 | 69.27 | 1.58 | 69.84 | -15.19 | 70.55 | 26.03 |
| 2017 (4) | 5.20 | 3.38 | 5.35 | -6.63 | 70.15 | -3.33 | 68.19 | 7.03 | 82.35 | -1.13 | 55.98 | 5.64 |
| 2016 (3) | 5.03 | 2.44 | 5.73 | -15.24 | 72.57 | -2.35 | 63.71 | 18.05 | 83.29 | 11.72 | 52.99 | -1.4 |
| 2015 (2) | 4.91 | -9.74 | 6.76 | -18.85 | 74.32 | 10.69 | 53.97 | 23.25 | 74.55 | 11.62 | 53.74 | 21.72 |
| 2014 (1) | 5.44 | -1.09 | 8.33 | -2.69 | 67.14 | 1.16 | 43.79 | 2.65 | 66.79 | -2.61 | 44.15 | 9.17 |
