- 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) | 0.89 | -4.3 | 3.49 | 4.21 | 13.17 | 63.81 | 102.23 | 4.37 | -2.92 | 21.61 | -11.72 | -38.9 | 2.38 | 2.59 | -81.26 | 121.45 | 1.12 | -5.1 |
| 23Q3 (19) | 0.93 | 1.09 | 27.4 | 3.72 | 33.33 | 93.75 | 97.95 | -0.68 | -21.76 | 24.48 | -25.02 | -48.35 | 2.32 | -48.67 | -86.24 | 120.11 | -5.23 | -22.88 |
| 23Q2 (18) | 0.92 | 13.58 | 10.84 | 2.79 | 15.77 | 24.0 | 98.62 | -12.02 | -10.04 | 32.65 | -13.56 | -19.3 | 4.52 | -56.16 | -72.51 | 126.74 | -9.18 | -5.16 |
| 23Q1 (17) | 0.81 | -5.81 | 15.71 | 2.41 | -6.23 | 13.15 | 112.09 | 6.44 | -13.58 | 37.77 | 6.79 | -11.75 | 10.31 | -18.82 | -42.66 | 139.55 | 9.04 | -9.69 |
| 22Q4 (16) | 0.86 | 17.81 | 6.17 | 2.57 | 33.85 | -7.22 | 105.31 | -15.88 | -5.75 | 35.37 | -25.38 | 7.64 | 12.70 | -24.67 | 3.59 | 127.98 | -17.82 | -3.29 |
| 22Q3 (15) | 0.73 | -12.05 | 1.39 | 1.92 | -14.67 | -22.27 | 125.19 | 14.19 | -1.24 | 47.40 | 17.15 | 28.87 | 16.86 | 2.55 | 8.35 | 155.74 | 16.54 | 5.24 |
| 22Q2 (14) | 0.83 | 18.57 | -12.63 | 2.25 | 5.63 | -30.56 | 109.63 | -15.48 | 14.29 | 40.46 | -5.47 | 44.19 | 16.44 | -8.57 | 4.51 | 133.64 | -13.52 | 23.45 |
| 22Q1 (13) | 0.70 | -13.58 | -23.08 | 2.13 | -23.1 | -39.49 | 129.71 | 16.08 | 29.76 | 42.80 | 30.25 | 65.57 | 17.98 | 46.66 | 15.78 | 154.53 | 16.77 | 40.13 |
| 21Q4 (12) | 0.81 | 12.5 | -19.8 | 2.77 | 12.15 | -18.05 | 111.74 | -11.85 | 23.96 | 32.86 | -10.66 | 22.2 | 12.26 | -21.21 | 14.69 | 132.34 | -10.57 | 24.44 |
| 21Q3 (11) | 0.72 | -24.21 | -30.1 | 2.47 | -23.77 | -6.44 | 126.76 | 32.15 | 43.31 | 36.78 | 31.08 | 6.86 | 15.56 | -1.08 | 38.31 | 147.98 | 36.7 | 32.57 |
| 21Q2 (10) | 0.95 | 4.4 | 0.0 | 3.24 | -7.95 | 29.08 | 95.92 | -4.04 | 0.1 | 28.06 | 8.55 | -22.72 | 15.73 | 1.29 | 12.6 | 108.25 | -1.84 | -8.39 |
| 21Q1 (9) | 0.91 | -9.9 | 37.88 | 3.52 | 4.14 | 43.67 | 99.96 | 10.89 | -27.69 | 25.85 | -3.87 | -30.45 | 15.53 | 45.28 | -20.4 | 110.28 | 3.7 | -29.26 |
| 20Q4 (8) | 1.01 | -1.94 | 8.6 | 3.38 | 28.03 | 14.19 | 90.14 | 1.91 | -7.69 | 26.89 | -21.88 | -12.64 | 10.69 | -4.98 | -24.88 | 106.35 | -4.72 | -6.87 |
| 20Q3 (7) | 1.03 | 8.42 | 15.73 | 2.64 | 5.18 | 29.41 | 88.45 | -7.69 | -13.84 | 34.42 | -5.21 | -22.84 | 11.25 | -19.47 | -31.98 | 111.62 | -5.53 | -14.62 |
| 20Q2 (6) | 0.95 | 43.94 | 9.2 | 2.51 | 2.45 | 40.22 | 95.82 | -30.69 | -8.17 | 36.31 | -2.31 | -28.71 | 13.97 | -28.4 | -39.81 | 118.16 | -24.21 | -10.52 |
| 20Q1 (5) | 0.66 | -29.03 | -1.49 | 2.45 | -17.23 | 61.18 | 138.24 | 41.57 | 1.36 | 37.17 | 20.76 | -37.86 | 19.51 | 37.1 | -38.94 | 155.90 | 36.51 | -5.08 |
| 19Q4 (4) | 0.93 | 4.49 | 0.0 | 2.96 | 45.1 | 0.0 | 97.65 | -4.88 | 0.0 | 30.78 | -31.0 | 0.0 | 14.23 | -13.97 | 0.0 | 114.20 | -12.64 | 0.0 |
| 19Q3 (3) | 0.89 | 2.3 | 0.0 | 2.04 | 13.97 | 0.0 | 102.66 | -1.61 | 0.0 | 44.61 | -12.41 | 0.0 | 16.54 | -28.74 | 0.0 | 130.73 | -1.0 | 0.0 |
| 19Q2 (2) | 0.87 | 29.85 | 0.0 | 1.79 | 17.76 | 0.0 | 104.34 | -23.49 | 0.0 | 50.93 | -14.86 | 0.0 | 23.21 | -27.36 | 0.0 | 132.05 | -19.6 | 0.0 |
| 19Q1 (1) | 0.67 | 0.0 | 0.0 | 1.52 | 0.0 | 0.0 | 136.38 | 0.0 | 0.0 | 59.82 | 0.0 | 0.0 | 31.95 | 0.0 | 0.0 | 164.24 | 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) | 3.45 | 10.22 | 13.26 | 34.35 | 105.73 | -9.26 | 27.53 | -25.59 | 6.90 | -49.19 | 126.36 | -9.7 |
| 2022 (9) | 3.13 | -16.09 | 9.87 | -28.32 | 116.52 | 19.19 | 37.00 | 39.57 | 13.58 | 22.01 | 139.94 | 23.69 |
| 2021 (8) | 3.73 | 19.94 | 13.77 | 4.24 | 97.76 | -16.61 | 26.51 | -4.02 | 11.13 | -26.29 | 113.14 | -12.8 |
| 2020 (7) | 3.11 | 4.01 | 13.21 | 43.28 | 117.23 | -3.93 | 27.62 | -30.25 | 15.10 | -31.52 | 129.75 | -7.04 |
| 2019 (6) | 2.99 | -12.06 | 9.22 | 1.1 | 122.02 | 13.59 | 39.60 | -1.0 | 22.05 | 10.36 | 139.57 | 9.52 |
| 2018 (5) | 3.40 | -4.76 | 9.12 | -17.76 | 107.42 | 4.93 | 40.00 | 21.54 | 19.98 | -8.05 | 127.44 | 12.23 |
| 2017 (4) | 3.57 | 5.31 | 11.09 | 6.02 | 102.37 | -4.83 | 32.91 | -5.7 | 21.73 | -21.35 | 113.55 | -1.13 |
| 2016 (3) | 3.39 | 0.3 | 10.46 | -7.52 | 107.57 | -0.44 | 34.90 | 8.12 | 27.63 | -26.5 | 114.85 | 11.81 |
| 2015 (2) | 3.38 | -2.59 | 11.31 | -11.43 | 108.04 | 2.69 | 32.28 | 12.95 | 37.59 | -30.09 | 102.72 | 28.37 |
| 2014 (1) | 3.47 | 11.58 | 12.77 | 34.7 | 105.21 | -10.38 | 28.58 | -25.79 | 53.77 | -24.53 | 80.02 | -5.48 |
