- 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) | 2.22 | 8.29 | 9.9 | 1.13 | 2.73 | 20.21 | 40.99 | -7.8 | -8.85 | 80.22 | -2.98 | -17.32 | 61.34 | 7.86 | 6.92 | 59.87 | -14.8 | -29.25 |
| 23Q3 (19) | 2.05 | -3.76 | -1.91 | 1.10 | 1.85 | -3.51 | 44.46 | 3.95 | 2.3 | 82.68 | -2.33 | 3.91 | 56.87 | 8.06 | 6.38 | 70.27 | -6.03 | 0.99 |
| 23Q2 (18) | 2.13 | -1.84 | 27.54 | 1.08 | 5.88 | 21.35 | 42.77 | 1.88 | -21.68 | 84.65 | -5.23 | -17.42 | 52.63 | 0.65 | -24.34 | 74.78 | -5.35 | -14.61 |
| 23Q1 (17) | 2.17 | 7.43 | 9.6 | 1.02 | 8.51 | -1.92 | 41.98 | -6.65 | -8.44 | 89.32 | -7.94 | 1.6 | 52.29 | -8.85 | -17.08 | 79.01 | -6.63 | 11.75 |
| 22Q4 (16) | 2.02 | -3.35 | -18.88 | 0.94 | -17.54 | -25.4 | 44.97 | 3.47 | 22.94 | 97.02 | 21.93 | 34.54 | 57.37 | 7.31 | 0.07 | 84.62 | 21.62 | 64.79 |
| 22Q3 (15) | 2.09 | 25.15 | -12.18 | 1.14 | 28.09 | -6.56 | 43.46 | -20.42 | 13.65 | 79.57 | -22.38 | 6.73 | 53.46 | -23.15 | -6.26 | 69.58 | -20.54 | 24.78 |
| 22Q2 (14) | 1.67 | -15.66 | -28.02 | 0.89 | -14.42 | -27.64 | 54.61 | 19.11 | 39.1 | 102.51 | 16.61 | 38.17 | 69.56 | 10.31 | 19.89 | 87.57 | 23.86 | 57.95 |
| 22Q1 (13) | 1.98 | -20.48 | -4.35 | 1.04 | -17.46 | -15.45 | 45.85 | 25.34 | 4.49 | 87.91 | 21.91 | 18.97 | 63.06 | 9.99 | -2.92 | 70.70 | 37.68 | 33.85 |
| 21Q4 (12) | 2.49 | 4.62 | 13.7 | 1.26 | 3.28 | -9.35 | 36.58 | -4.34 | -12.13 | 72.11 | -3.27 | 10.11 | 57.33 | 0.53 | -7.74 | 51.35 | -7.91 | 14.16 |
| 21Q3 (11) | 2.38 | 2.59 | 1.71 | 1.22 | -0.81 | -16.44 | 38.24 | -2.6 | -1.72 | 74.55 | 0.49 | 20.01 | 57.03 | -1.71 | 7.83 | 55.76 | 0.58 | 15.8 |
| 21Q2 (10) | 2.32 | 12.08 | -10.42 | 1.23 | 0.0 | -6.11 | 39.26 | -10.53 | 11.6 | 74.19 | 0.41 | 6.67 | 58.02 | -10.68 | 30.56 | 55.44 | 4.96 | -8.03 |
| 21Q1 (9) | 2.07 | -5.48 | 7.81 | 1.23 | -11.51 | 41.38 | 43.88 | 5.4 | -7.27 | 73.89 | 12.83 | -28.96 | 64.96 | 4.54 | -5.04 | 52.82 | 17.43 | -36.29 |
| 20Q4 (8) | 2.19 | -6.41 | -1.35 | 1.39 | -4.79 | 13.93 | 41.63 | 6.99 | 1.69 | 65.49 | 5.42 | -12.24 | 62.14 | 17.49 | 6.81 | 44.98 | -6.58 | -21.61 |
| 20Q3 (7) | 2.34 | -9.65 | 14.71 | 1.46 | 11.45 | 23.73 | 38.91 | 10.6 | -12.58 | 62.12 | -10.68 | -19.35 | 52.89 | 19.01 | -23.62 | 48.15 | -20.12 | -7.9 |
| 20Q2 (6) | 2.59 | 34.9 | 22.17 | 1.31 | 50.57 | 12.93 | 35.18 | -25.66 | -18.03 | 69.55 | -33.13 | -11.5 | 44.44 | -35.04 | -42.4 | 60.28 | -27.29 | 35.89 |
| 20Q1 (5) | 1.92 | -13.51 | -5.42 | 0.87 | -28.69 | -18.69 | 47.32 | 15.58 | 5.51 | 104.01 | 39.39 | 22.71 | 68.41 | 17.58 | -21.29 | 82.91 | 44.49 | 94.12 |
| 19Q4 (4) | 2.22 | 8.82 | 0.0 | 1.22 | 3.39 | 0.0 | 40.94 | -8.02 | 0.0 | 74.62 | -3.12 | 0.0 | 58.18 | -15.99 | 0.0 | 57.38 | 9.76 | 0.0 |
| 19Q3 (3) | 2.04 | -3.77 | 0.0 | 1.18 | 1.72 | 0.0 | 44.51 | 3.7 | 0.0 | 77.02 | -2.0 | 0.0 | 69.25 | -10.24 | 0.0 | 52.28 | 17.85 | 0.0 |
| 19Q2 (2) | 2.12 | 4.43 | 0.0 | 1.16 | 8.41 | 0.0 | 42.92 | -4.3 | 0.0 | 78.59 | -7.28 | 0.0 | 77.15 | -11.23 | 0.0 | 44.36 | 3.86 | 0.0 |
| 19Q1 (1) | 2.03 | 0.0 | 0.0 | 1.07 | 0.0 | 0.0 | 44.85 | 0.0 | 0.0 | 84.76 | 0.0 | 0.0 | 86.91 | 0.0 | 0.0 | 42.71 | 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) | 9.01 | 2.85 | 4.06 | -0.49 | 40.53 | -2.78 | 89.93 | 0.41 | 59.47 | -3.32 | 70.99 | 1.79 |
| 2022 (9) | 8.76 | -1.24 | 4.08 | -15.88 | 41.69 | 1.36 | 89.56 | 19.11 | 61.51 | -7.08 | 69.74 | 39.17 |
| 2021 (8) | 8.87 | -0.45 | 4.85 | 1.25 | 41.13 | 0.34 | 75.19 | -1.39 | 66.20 | 0.27 | 50.11 | -2.15 |
| 2020 (7) | 8.91 | -6.01 | 4.79 | 3.23 | 40.99 | 6.47 | 76.25 | -3.0 | 66.02 | -11.6 | 51.21 | 20.69 |
| 2019 (6) | 9.48 | 7.73 | 4.64 | -8.12 | 38.50 | -7.14 | 78.61 | 8.83 | 74.68 | -12.01 | 42.43 | 47.22 |
| 2018 (5) | 8.80 | 8.64 | 5.05 | -13.38 | 41.46 | -7.99 | 72.23 | 15.44 | 84.87 | 15.71 | 28.82 | -15.93 |
| 2017 (4) | 8.10 | -4.71 | 5.83 | -3.32 | 45.06 | 4.89 | 62.57 | 3.34 | 73.35 | 22.97 | 34.28 | -21.84 |
| 2016 (3) | 8.50 | -10.34 | 6.03 | 6.73 | 42.96 | 11.53 | 60.55 | -6.33 | 59.65 | 6.98 | 43.86 | -7.47 |
| 2015 (2) | 9.48 | 8.84 | 5.65 | 9.5 | 38.52 | -8.02 | 64.64 | -8.53 | 55.76 | -17.72 | 47.40 | 5.85 |
| 2014 (1) | 8.71 | -0.11 | 5.16 | -13.57 | 41.88 | 0.02 | 70.67 | 15.51 | 67.77 | 5.46 | 44.78 | 15.44 |
