- 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) | 1.26 | -6.67 | -0.79 | 0.80 | -9.09 | 14.29 | 72.11 | 6.85 | 0.82 | 114.33 | 10.27 | -11.93 | 55.71 | 2.82 | 21.37 | 130.72 | 11.74 | -15.9 |
| 23Q3 (19) | 1.35 | 10.66 | -2.17 | 0.88 | 10.0 | 39.68 | 67.49 | -9.56 | 2.1 | 103.68 | -8.84 | -28.42 | 54.18 | -6.83 | 10.5 | 116.99 | -10.16 | -27.74 |
| 23Q2 (18) | 1.22 | 0.83 | -3.94 | 0.80 | 6.67 | 53.85 | 74.62 | -0.9 | 3.74 | 113.74 | -5.65 | -35.29 | 58.15 | 15.01 | -14.7 | 130.22 | -10.37 | -27.47 |
| 23Q1 (17) | 1.21 | -4.72 | -15.97 | 0.75 | 7.14 | 22.95 | 75.30 | 5.29 | 19.32 | 120.55 | -7.14 | -19.73 | 50.56 | 10.15 | -33.26 | 145.29 | -6.53 | 5.64 |
| 22Q4 (16) | 1.27 | -7.97 | -22.56 | 0.70 | 11.11 | -5.41 | 71.52 | 8.2 | 28.63 | 129.82 | -10.37 | 6.1 | 45.90 | -6.38 | -30.33 | 155.44 | -4.0 | 38.69 |
| 22Q3 (15) | 1.38 | 8.66 | -11.54 | 0.63 | 21.15 | -17.11 | 66.10 | -8.11 | 13.32 | 144.84 | -17.6 | 20.39 | 49.03 | -28.08 | -25.99 | 161.91 | -9.81 | 44.07 |
| 22Q2 (14) | 1.27 | -11.81 | -20.13 | 0.52 | -14.75 | -35.0 | 71.93 | 13.98 | 25.82 | 175.77 | 17.04 | 53.85 | 68.17 | -10.02 | -5.7 | 179.53 | 30.54 | 81.11 |
| 22Q1 (13) | 1.44 | -12.2 | -6.49 | 0.61 | -17.57 | -29.07 | 63.11 | 13.51 | 6.62 | 150.18 | 22.74 | 41.31 | 75.76 | 15.0 | 14.7 | 137.53 | 22.71 | 38.33 |
| 21Q4 (12) | 1.64 | 5.13 | 7.89 | 0.74 | -2.63 | -30.19 | 55.60 | -4.68 | -6.96 | 122.36 | 1.7 | 42.59 | 65.88 | -0.56 | 10.85 | 112.08 | -0.27 | 30.13 |
| 21Q3 (11) | 1.56 | -1.89 | 0.0 | 0.76 | -5.0 | -34.48 | 58.33 | 2.03 | 0.26 | 120.31 | 5.3 | 53.79 | 66.25 | -8.36 | 8.39 | 112.38 | 13.37 | 49.26 |
| 21Q2 (10) | 1.59 | 3.25 | 11.19 | 0.80 | -6.98 | -11.11 | 57.17 | -3.41 | -9.91 | 114.25 | 7.5 | 12.69 | 72.29 | 9.45 | 13.29 | 99.13 | -0.29 | -1.88 |
| 21Q1 (9) | 1.54 | 1.32 | 31.62 | 0.86 | -18.87 | 16.22 | 59.19 | -0.95 | -24.09 | 106.28 | 23.86 | -13.08 | 66.05 | 11.14 | -16.42 | 99.42 | 15.43 | -17.98 |
| 20Q4 (8) | 1.52 | -2.56 | 14.29 | 1.06 | -8.62 | -1.85 | 59.76 | 2.72 | -12.62 | 85.81 | 9.69 | 1.62 | 59.43 | -2.77 | -5.86 | 86.13 | 14.4 | -3.98 |
| 20Q3 (7) | 1.56 | 9.09 | 20.0 | 1.16 | 28.89 | 19.59 | 58.18 | -8.32 | -17.09 | 78.23 | -22.83 | -16.63 | 61.12 | -4.22 | 0.91 | 75.29 | -25.48 | -27.21 |
| 20Q2 (6) | 1.43 | 22.22 | 43.0 | 0.90 | 21.62 | 20.0 | 63.46 | -18.61 | -30.36 | 101.38 | -17.09 | -16.98 | 63.81 | -19.26 | -11.03 | 101.03 | -16.65 | -28.62 |
| 20Q1 (5) | 1.17 | -12.03 | 9.35 | 0.74 | -31.48 | -10.84 | 77.97 | 14.01 | -8.58 | 122.27 | 44.8 | 10.89 | 79.03 | 25.19 | 11.75 | 121.21 | 35.13 | -2.9 |
| 19Q4 (4) | 1.33 | 2.31 | 0.0 | 1.08 | 11.34 | 0.0 | 68.39 | -2.54 | 0.0 | 84.44 | -10.01 | 0.0 | 63.13 | 4.23 | 0.0 | 89.70 | -13.28 | 0.0 |
| 19Q3 (3) | 1.30 | 30.0 | 0.0 | 0.97 | 29.33 | 0.0 | 70.17 | -23.0 | 0.0 | 93.83 | -23.16 | 0.0 | 60.57 | -15.55 | 0.0 | 103.44 | -26.91 | 0.0 |
| 19Q2 (2) | 1.00 | -6.54 | 0.0 | 0.75 | -9.64 | 0.0 | 91.13 | 6.85 | 0.0 | 122.11 | 10.75 | 0.0 | 71.72 | 1.41 | 0.0 | 141.53 | 13.38 | 0.0 |
| 19Q1 (1) | 1.07 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 85.29 | 0.0 | 0.0 | 110.26 | 0.0 | 0.0 | 70.72 | 0.0 | 0.0 | 124.83 | 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) | 5.42 | -6.87 | 3.09 | 3.34 | 67.40 | 7.5 | 118.10 | -3.28 | 48.23 | -16.82 | 137.27 | 8.24 |
| 2022 (9) | 5.82 | -7.91 | 2.99 | -6.85 | 62.70 | 8.59 | 122.10 | 7.44 | 57.98 | -10.72 | 126.82 | 19.12 |
| 2021 (8) | 6.32 | 12.66 | 3.21 | -18.73 | 57.74 | -11.18 | 113.65 | 23.12 | 64.94 | 5.52 | 106.46 | 11.15 |
| 2020 (7) | 5.61 | 22.22 | 3.95 | 11.9 | 65.01 | -18.23 | 92.31 | -10.7 | 61.54 | -19.11 | 95.78 | -10.31 |
| 2019 (6) | 4.59 | 8.25 | 3.53 | 3.52 | 79.50 | -7.61 | 103.37 | -3.47 | 76.08 | 3.57 | 106.79 | -10.77 |
| 2018 (5) | 4.24 | -17.19 | 3.41 | -22.5 | 86.05 | 20.67 | 107.09 | 29.18 | 73.46 | 15.94 | 119.68 | 31.72 |
| 2017 (4) | 5.12 | -7.91 | 4.40 | 5.01 | 71.31 | 8.67 | 82.90 | -4.85 | 63.36 | 5.23 | 90.86 | -1.82 |
| 2016 (3) | 5.56 | -3.64 | 4.19 | 6.08 | 65.62 | 3.83 | 87.13 | -5.7 | 60.21 | -7.18 | 92.54 | 1.99 |
| 2015 (2) | 5.77 | -6.03 | 3.95 | -14.69 | 63.20 | 6.29 | 92.40 | 17.23 | 64.87 | -2.67 | 90.73 | 26.68 |
| 2014 (1) | 6.14 | -6.4 | 4.63 | -9.39 | 59.46 | 6.83 | 78.82 | 10.38 | 66.65 | 14.42 | 71.62 | 4.07 |
