- 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 | -3.73 | -6.52 | 2.12 | -15.2 | 4.95 | 70.78 | 4.1 | 7.54 | 42.82 | 17.41 | -4.76 | 65.55 | 5.28 | 17.62 | 48.05 | 13.86 | -12.72 |
| 23Q3 (19) | 1.34 | -5.63 | -3.6 | 2.50 | 0.81 | 39.66 | 67.99 | 6.45 | 4.06 | 36.47 | -0.52 | -28.41 | 62.26 | 5.29 | 0.06 | 42.20 | 1.91 | -21.94 |
| 23Q2 (18) | 1.42 | 4.41 | 1.43 | 2.48 | 10.71 | 45.88 | 63.87 | -4.67 | -1.84 | 36.66 | -9.73 | -31.49 | 59.13 | 3.96 | -8.82 | 41.41 | -18.36 | -22.93 |
| 23Q1 (17) | 1.36 | -1.45 | 4.62 | 2.24 | 10.89 | 26.55 | 67.00 | 1.79 | -4.59 | 40.61 | -9.68 | -21.01 | 56.88 | 2.06 | -13.2 | 50.72 | -7.87 | -9.59 |
| 22Q4 (16) | 1.38 | -0.72 | -0.72 | 2.02 | 12.85 | -6.48 | 65.82 | 0.73 | 0.72 | 44.96 | -11.74 | 6.74 | 55.73 | -10.43 | -5.35 | 55.05 | 1.83 | 13.29 |
| 22Q3 (15) | 1.39 | -0.71 | -5.44 | 1.79 | 5.29 | -21.49 | 65.34 | 0.41 | 5.59 | 50.94 | -4.8 | 27.83 | 62.22 | -4.06 | 7.68 | 54.06 | 0.61 | 22.98 |
| 22Q2 (14) | 1.40 | 7.69 | 7.69 | 1.70 | -3.95 | -23.77 | 65.07 | -7.33 | -6.74 | 53.51 | 4.08 | 31.09 | 64.85 | -1.04 | 0.68 | 53.73 | -4.22 | 16.37 |
| 22Q1 (13) | 1.30 | -6.47 | 4.0 | 1.77 | -18.06 | -28.05 | 70.22 | 7.45 | -3.73 | 51.41 | 22.06 | 38.87 | 65.53 | 11.29 | 1.39 | 56.10 | 15.46 | 23.76 |
| 21Q4 (12) | 1.39 | -5.44 | 10.32 | 2.16 | -5.26 | -20.88 | 65.35 | 5.61 | -9.59 | 42.12 | 5.7 | 26.56 | 58.88 | 1.9 | -3.54 | 48.59 | 10.53 | 9.14 |
| 21Q3 (11) | 1.47 | 13.08 | 8.09 | 2.28 | 2.24 | -17.99 | 61.88 | -11.31 | -7.85 | 39.85 | -2.38 | 21.83 | 57.78 | -10.29 | 1.1 | 43.96 | -4.79 | 2.9 |
| 21Q2 (10) | 1.30 | 4.0 | -28.18 | 2.23 | -9.35 | -15.21 | 69.77 | -4.35 | 38.96 | 40.82 | 10.26 | 18.08 | 64.41 | -0.34 | 22.92 | 46.17 | 1.85 | 42.59 |
| 21Q1 (9) | 1.25 | -0.79 | 2.46 | 2.46 | -9.89 | 34.43 | 72.94 | 0.91 | -2.37 | 37.02 | 11.24 | -25.41 | 64.63 | 5.88 | -18.75 | 45.33 | 1.82 | 1.16 |
| 20Q4 (8) | 1.26 | -7.35 | -13.7 | 2.73 | -1.8 | -7.14 | 72.28 | 7.64 | 15.81 | 33.28 | 1.74 | 7.6 | 61.04 | 6.81 | 11.57 | 44.52 | 4.21 | 15.28 |
| 20Q3 (7) | 1.36 | -24.86 | -3.55 | 2.78 | 5.7 | 4.12 | 67.15 | 33.74 | 4.17 | 32.71 | -5.38 | -3.88 | 57.15 | 9.06 | -0.97 | 42.72 | 31.93 | 4.76 |
| 20Q2 (6) | 1.81 | 48.36 | 23.13 | 2.63 | 43.72 | -2.95 | 50.21 | -32.79 | -18.75 | 34.57 | -30.34 | 3.13 | 52.40 | -34.12 | -5.43 | 32.38 | -27.74 | -18.87 |
| 20Q1 (5) | 1.22 | -16.44 | -8.27 | 1.83 | -37.76 | -26.51 | 74.71 | 19.71 | 9.21 | 49.63 | 60.46 | 35.68 | 79.54 | 45.38 | 30.05 | 44.81 | 16.03 | 2.24 |
| 19Q4 (4) | 1.46 | 3.55 | 0.0 | 2.94 | 10.11 | 0.0 | 62.41 | -3.18 | 0.0 | 30.93 | -9.11 | 0.0 | 54.71 | -5.2 | 0.0 | 38.62 | -5.3 | 0.0 |
| 19Q3 (3) | 1.41 | -4.08 | 0.0 | 2.67 | -1.48 | 0.0 | 64.46 | 4.3 | 0.0 | 34.03 | 1.52 | 0.0 | 57.71 | 4.15 | 0.0 | 40.78 | 2.18 | 0.0 |
| 19Q2 (2) | 1.47 | 10.53 | 0.0 | 2.71 | 8.84 | 0.0 | 61.80 | -9.66 | 0.0 | 33.52 | -8.37 | 0.0 | 55.41 | -9.4 | 0.0 | 39.91 | -8.94 | 0.0 |
| 19Q1 (1) | 1.33 | 0.0 | 0.0 | 2.49 | 0.0 | 0.0 | 68.41 | 0.0 | 0.0 | 36.58 | 0.0 | 0.0 | 61.16 | 0.0 | 0.0 | 43.83 | 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) | 5.67 | 1.07 | 8.81 | -3.08 | 64.43 | -1.06 | 41.44 | 3.24 | 54.45 | 3.07 | 51.42 | -1.91 |
| 2022 (9) | 5.61 | 5.65 | 9.09 | -5.11 | 65.12 | -5.2 | 40.14 | 5.38 | 52.83 | -9.6 | 52.42 | 8.44 |
| 2021 (8) | 5.31 | -5.85 | 9.58 | -22.55 | 68.69 | 6.1 | 38.09 | 29.12 | 58.44 | 7.07 | 48.34 | 21.89 |
| 2020 (7) | 5.64 | 1.81 | 12.37 | 3.86 | 64.74 | -1.67 | 29.50 | -3.72 | 54.58 | -3.24 | 39.66 | -1.02 |
| 2019 (6) | 5.54 | -6.58 | 11.91 | 1.71 | 65.84 | 7.04 | 30.64 | -1.7 | 56.41 | -0.25 | 40.07 | 10.94 |
| 2018 (5) | 5.93 | -4.97 | 11.71 | -5.41 | 61.51 | 5.15 | 31.17 | 5.73 | 56.55 | -3.63 | 36.12 | 23.23 |
| 2017 (4) | 6.24 | -4.15 | 12.38 | -6.85 | 58.50 | 4.33 | 29.48 | 7.32 | 58.68 | 1.87 | 29.31 | 12.99 |
| 2016 (3) | 6.51 | 5.85 | 13.29 | 7.96 | 56.07 | -5.53 | 27.47 | -7.35 | 57.60 | -11.03 | 25.94 | 6.88 |
| 2015 (2) | 6.15 | -5.38 | 12.31 | 6.3 | 59.35 | 5.62 | 29.65 | -5.9 | 64.74 | -13.18 | 24.27 | 84.84 |
| 2014 (1) | 6.50 | -14.02 | 11.58 | -2.36 | 56.19 | 16.36 | 31.51 | 2.37 | 74.57 | 5.64 | 13.13 | 55.02 |
