- 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) | 2.23 | 5.19 | 8.78 | 2.31 | -16.61 | -9.77 | 40.75 | -5.12 | -8.28 | 39.39 | 19.91 | 10.96 | 42.72 | 12.9 | 23.4 | 37.42 | -1.45 | -17.41 |
| 23Q3 (19) | 2.12 | -2.3 | 10.99 | 2.77 | 7.78 | -13.98 | 42.95 | 2.21 | -10.01 | 32.85 | -7.26 | 16.08 | 37.84 | 7.44 | 20.78 | 37.97 | -10.09 | -15.06 |
| 23Q2 (18) | 2.17 | 5.85 | 16.04 | 2.57 | 11.74 | -31.65 | 42.02 | -5.19 | -13.52 | 35.42 | -10.31 | 46.18 | 35.22 | -2.63 | 16.47 | 42.23 | -11.36 | -0.82 |
| 23Q1 (17) | 2.05 | 0.0 | -5.53 | 2.30 | -10.16 | -46.88 | 44.32 | -0.25 | 5.65 | 39.49 | 11.24 | 87.69 | 36.17 | 4.48 | 26.42 | 47.64 | 5.14 | 38.57 |
| 22Q4 (16) | 2.05 | 7.33 | -21.76 | 2.56 | -20.5 | -47.97 | 44.43 | -6.91 | 27.71 | 35.50 | 25.44 | 91.79 | 34.62 | 10.5 | 36.19 | 45.31 | 1.36 | 62.46 |
| 22Q3 (15) | 1.91 | 2.14 | -23.29 | 3.22 | -14.36 | -23.88 | 47.73 | -1.77 | 30.66 | 28.30 | 16.8 | 31.57 | 31.33 | 3.6 | 28.03 | 44.70 | 4.98 | 33.15 |
| 22Q2 (14) | 1.87 | -13.82 | -25.5 | 3.76 | -13.16 | -12.96 | 48.59 | 15.83 | 33.82 | 24.23 | 15.16 | 15.05 | 30.24 | 5.7 | 29.12 | 42.58 | 23.85 | 25.42 |
| 22Q1 (13) | 2.17 | -17.18 | -20.22 | 4.33 | -11.99 | -13.23 | 41.95 | 20.58 | 25.3 | 21.04 | 13.67 | 15.29 | 28.61 | 12.55 | 25.59 | 34.38 | 23.27 | 18.76 |
| 21Q4 (12) | 2.62 | 5.22 | -4.73 | 4.92 | 16.31 | 2.07 | 34.79 | -4.76 | 5.01 | 18.51 | -13.95 | -1.91 | 25.42 | 3.88 | 13.33 | 27.89 | -16.92 | -5.65 |
| 21Q3 (11) | 2.49 | -0.8 | 6.41 | 4.23 | -2.08 | -7.84 | 36.53 | 0.61 | -5.9 | 21.51 | 2.14 | 8.47 | 24.47 | 4.48 | 3.91 | 33.57 | -1.12 | -4.36 |
| 21Q2 (10) | 2.51 | -7.72 | 18.4 | 4.32 | -13.43 | -1.37 | 36.31 | 8.45 | -15.42 | 21.06 | 15.4 | 1.4 | 23.42 | 2.81 | -12.58 | 33.95 | 17.27 | -8.02 |
| 21Q1 (9) | 2.72 | -1.09 | 24.77 | 4.99 | 3.53 | 26.97 | 33.48 | 1.06 | -19.65 | 18.25 | -3.29 | -21.1 | 22.78 | 1.56 | -20.68 | 28.95 | -2.06 | -19.76 |
| 20Q4 (8) | 2.75 | 17.52 | 13.17 | 4.82 | 5.01 | 1.47 | 33.13 | -14.66 | -11.58 | 18.87 | -4.84 | -1.51 | 22.43 | -4.76 | -31.8 | 29.56 | -15.78 | 24.52 |
| 20Q3 (7) | 2.34 | 10.38 | 11.96 | 4.59 | 4.79 | -25.0 | 38.82 | -9.57 | -11.04 | 19.83 | -4.53 | 33.36 | 23.55 | -12.09 | -26.11 | 35.10 | -4.9 | 31.76 |
| 20Q2 (6) | 2.12 | -2.75 | 2.91 | 4.38 | 11.45 | -24.74 | 42.93 | 3.02 | -2.98 | 20.77 | -10.2 | 32.89 | 26.79 | -6.72 | -10.22 | 36.91 | 2.3 | 22.83 |
| 20Q1 (5) | 2.18 | -10.29 | 2.35 | 3.93 | -17.26 | -32.01 | 41.67 | 11.21 | -2.39 | 23.13 | 20.72 | 46.95 | 28.72 | -12.68 | -23.82 | 36.08 | 51.98 | 74.13 |
| 19Q4 (4) | 2.43 | 16.27 | 0.0 | 4.75 | -22.39 | 0.0 | 37.47 | -14.14 | 0.0 | 19.16 | 28.85 | 0.0 | 32.89 | 3.2 | 0.0 | 23.74 | -10.89 | 0.0 |
| 19Q3 (3) | 2.09 | 1.46 | 0.0 | 6.12 | 5.15 | 0.0 | 43.64 | -1.38 | 0.0 | 14.87 | -4.86 | 0.0 | 31.87 | 6.8 | 0.0 | 26.64 | -11.35 | 0.0 |
| 19Q2 (2) | 2.06 | -3.29 | 0.0 | 5.82 | 0.69 | 0.0 | 44.25 | 3.65 | 0.0 | 15.63 | -0.7 | 0.0 | 29.84 | -20.85 | 0.0 | 30.05 | 45.03 | 0.0 |
| 19Q1 (1) | 2.13 | 0.0 | 0.0 | 5.78 | 0.0 | 0.0 | 42.69 | 0.0 | 0.0 | 15.74 | 0.0 | 0.0 | 37.70 | 0.0 | 0.0 | 20.72 | 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) | 8.55 | -2.06 | 8.81 | -29.91 | 42.71 | 2.18 | 41.43 | 42.71 | 40.39 | 22.69 | 43.76 | 15.43 |
| 2022 (9) | 8.73 | -20.35 | 12.57 | -36.03 | 41.80 | 25.56 | 29.03 | 56.33 | 32.92 | 33.71 | 37.91 | 39.17 |
| 2021 (8) | 10.96 | -0.18 | 19.65 | 19.16 | 33.29 | 0.18 | 18.57 | -16.09 | 24.62 | -6.21 | 27.24 | -6.42 |
| 2020 (7) | 10.98 | 7.96 | 16.49 | -18.69 | 33.23 | -7.36 | 22.13 | 22.94 | 26.25 | -17.63 | 29.11 | 32.32 |
| 2019 (6) | 10.17 | 11.88 | 20.28 | -7.52 | 35.87 | -10.7 | 18.00 | 8.11 | 31.87 | -47.72 | 22.00 | 0 |
| 2018 (5) | 9.09 | 6.94 | 21.93 | 18.54 | 40.17 | -6.45 | 16.65 | -15.61 | 60.96 | -12.19 | -4.14 | 0 |
| 2017 (4) | 8.50 | 10.53 | 18.50 | 15.99 | 42.94 | -9.49 | 19.73 | -13.77 | 69.42 | 53.08 | -6.75 | 0 |
| 2016 (3) | 7.69 | 15.29 | 15.95 | 41.65 | 47.44 | -13.26 | 22.88 | -29.43 | 45.35 | 1.64 | 24.97 | -41.23 |
| 2015 (2) | 6.67 | 18.26 | 11.26 | 22.39 | 54.69 | -15.55 | 32.42 | -18.32 | 44.62 | -20.44 | 42.49 | -12.16 |
| 2014 (1) | 5.64 | 20.0 | 9.20 | 26.37 | 64.76 | -16.6 | 39.69 | -20.87 | 56.08 | -20.05 | 48.37 | -16.13 |
