- 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) | 2.17 | 7.43 | 18.58 | 1.86 | 34.78 | 67.57 | 41.90 | -7.14 | -15.96 | 49.04 | -25.52 | -40.43 | 47.84 | -7.27 | -12.91 | 43.11 | -27.39 | -44.19 |
| 23Q3 (19) | 2.02 | -7.76 | 23.93 | 1.38 | 17.95 | 24.32 | 45.12 | 8.44 | -19.07 | 65.84 | -15.23 | -19.35 | 51.59 | -4.82 | 10.66 | 59.37 | -8.77 | -34.59 |
| 23Q2 (18) | 2.19 | -0.45 | 73.81 | 1.17 | 1.74 | 60.27 | 41.61 | 0.6 | -42.24 | 77.67 | -1.61 | -37.35 | 54.20 | 1.67 | -13.39 | 65.08 | -2.85 | -51.22 |
| 23Q1 (17) | 2.20 | 20.22 | 22.91 | 1.15 | 3.6 | 12.75 | 41.36 | -17.05 | -18.45 | 78.94 | -4.11 | -11.49 | 53.31 | -2.95 | 8.07 | 66.99 | -13.28 | -26.04 |
| 22Q4 (16) | 1.83 | 12.27 | -14.08 | 1.11 | 0.0 | -6.72 | 49.86 | -10.57 | 16.66 | 82.32 | 0.83 | 7.58 | 54.93 | 17.82 | 31.19 | 77.25 | -14.89 | -0.18 |
| 22Q3 (15) | 1.63 | 29.37 | -23.83 | 1.11 | 52.05 | 6.73 | 55.75 | -22.61 | 31.18 | 81.64 | -34.15 | -6.95 | 46.62 | -25.5 | 6.08 | 90.77 | -31.97 | 5.19 |
| 22Q2 (14) | 1.26 | -29.61 | -42.99 | 0.73 | -28.43 | -23.16 | 72.04 | 42.03 | 74.85 | 123.97 | 39.0 | 29.45 | 62.58 | 26.86 | 34.26 | 133.42 | 47.3 | 47.65 |
| 22Q1 (13) | 1.79 | -15.96 | -21.83 | 1.02 | -14.29 | 3.03 | 50.72 | 18.67 | 27.37 | 89.19 | 16.56 | -2.71 | 49.33 | 17.82 | 2.96 | 90.58 | 17.04 | 8.38 |
| 21Q4 (12) | 2.13 | -0.47 | -0.93 | 1.19 | 14.42 | 0.85 | 42.74 | 0.56 | 0.75 | 76.52 | -12.79 | -1.19 | 41.87 | -4.73 | -3.99 | 77.39 | -10.31 | 1.5 |
| 21Q3 (11) | 2.14 | -3.17 | 3.88 | 1.04 | 9.47 | -4.59 | 42.50 | 3.16 | -3.65 | 87.74 | -8.38 | 4.89 | 43.95 | -5.71 | 0.66 | 86.29 | -4.5 | 2.59 |
| 21Q2 (10) | 2.21 | -3.49 | -5.96 | 0.95 | -4.04 | -1.04 | 41.20 | 3.47 | 6.27 | 95.77 | 4.47 | 0.66 | 46.61 | -2.71 | 13.82 | 90.36 | 8.11 | -2.8 |
| 21Q1 (9) | 2.29 | 6.51 | 33.14 | 0.99 | -16.1 | 70.69 | 39.82 | -6.13 | -24.77 | 91.67 | 18.38 | -41.89 | 47.91 | 9.86 | -26.24 | 83.58 | 9.61 | -42.64 |
| 20Q4 (8) | 2.15 | 4.37 | -10.42 | 1.18 | 8.26 | 31.11 | 42.42 | -3.83 | 11.75 | 77.44 | -7.42 | -23.7 | 43.61 | -0.11 | -6.15 | 76.25 | -9.34 | -17.99 |
| 20Q3 (7) | 2.06 | -12.34 | -18.25 | 1.09 | 13.54 | 23.86 | 44.11 | 13.77 | 22.26 | 83.65 | -12.08 | -19.23 | 43.66 | 6.62 | 8.42 | 84.11 | -9.52 | -15.37 |
| 20Q2 (6) | 2.35 | 36.63 | 5.38 | 0.96 | 65.52 | 45.45 | 38.77 | -26.75 | -5.14 | 95.14 | -39.69 | -30.79 | 40.95 | -36.95 | -5.67 | 92.96 | -36.2 | -31.11 |
| 20Q1 (5) | 1.72 | -28.33 | -41.3 | 0.58 | -35.56 | -7.94 | 52.93 | 39.44 | 70.41 | 157.74 | 55.42 | 8.37 | 64.95 | 39.77 | 66.5 | 145.71 | 56.71 | 5.89 |
| 19Q4 (4) | 2.40 | -4.76 | 0.0 | 0.90 | 2.27 | 0.0 | 37.96 | 5.21 | 0.0 | 101.49 | -2.01 | 0.0 | 46.47 | 15.4 | 0.0 | 92.98 | -6.45 | 0.0 |
| 19Q3 (3) | 2.52 | 13.0 | 0.0 | 0.88 | 33.33 | 0.0 | 36.08 | -11.72 | 0.0 | 103.57 | -24.66 | 0.0 | 40.27 | -7.23 | 0.0 | 99.39 | -26.34 | 0.0 |
| 19Q2 (2) | 2.23 | -23.89 | 0.0 | 0.66 | 4.76 | 0.0 | 40.87 | 31.58 | 0.0 | 137.47 | -5.56 | 0.0 | 43.41 | 11.28 | 0.0 | 134.93 | -1.95 | 0.0 |
| 19Q1 (1) | 2.93 | 0.0 | 0.0 | 0.63 | 0.0 | 0.0 | 31.06 | 0.0 | 0.0 | 145.56 | 0.0 | 0.0 | 39.01 | 0.0 | 0.0 | 137.61 | 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) | 8.75 | 18.24 | 5.90 | 44.96 | 41.69 | -15.49 | 61.89 | -30.93 | 51.30 | -7.22 | 52.29 | -37.47 |
| 2022 (9) | 7.40 | -22.19 | 4.07 | -21.12 | 49.33 | 28.56 | 89.60 | 26.64 | 55.29 | 35.08 | 83.63 | 22.64 |
| 2021 (8) | 9.51 | -0.21 | 5.16 | 28.04 | 38.37 | 0.18 | 70.75 | -21.79 | 40.93 | -11.43 | 68.19 | -17.4 |
| 2020 (7) | 9.53 | -21.11 | 4.03 | 44.44 | 38.30 | 26.78 | 90.46 | -30.75 | 46.21 | 12.87 | 82.55 | -31.15 |
| 2019 (6) | 12.08 | 8.05 | 2.79 | 47.62 | 30.21 | -7.47 | 130.62 | -32.5 | 40.94 | -18.69 | 119.89 | -31.81 |
| 2018 (5) | 11.18 | 4.98 | 1.89 | 1.07 | 32.65 | -4.7 | 193.52 | -0.93 | 50.35 | -9.98 | 175.81 | 1.23 |
| 2017 (4) | 10.65 | 24.42 | 1.87 | -4.1 | 34.26 | -19.63 | 195.33 | 4.41 | 55.93 | -14.53 | 173.67 | 5.72 |
| 2016 (3) | 8.56 | 4.01 | 1.95 | -45.98 | 42.63 | -3.92 | 187.08 | 84.9 | 65.44 | 11.62 | 164.27 | 88.99 |
| 2015 (2) | 8.23 | -17.7 | 3.61 | -38.61 | 44.37 | 21.56 | 101.18 | 63.06 | 58.63 | -2.27 | 86.92 | 125.41 |
| 2014 (1) | 10.00 | -10.71 | 5.88 | -40.85 | 36.50 | 12.0 | 62.05 | 68.89 | 59.99 | 7.74 | 38.56 | 182.49 |
