- 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) | 1.90 | -18.8 | -21.16 | 1.06 | 47.22 | 10.42 | 47.82 | 23.15 | 26.44 | 86.01 | -32.17 | -9.58 | 41.90 | -13.23 | 3.35 | 91.93 | -21.66 | -0.5 |
| 23Q3 (19) | 2.34 | -40.31 | -18.18 | 0.72 | -13.25 | 12.5 | 38.83 | 67.15 | 22.07 | 126.81 | 15.33 | -10.31 | 48.29 | 36.22 | -6.31 | 117.35 | 20.08 | -3.54 |
| 23Q2 (18) | 3.92 | 106.32 | 12.32 | 0.83 | 15.28 | 9.21 | 23.23 | -51.42 | -10.83 | 109.95 | -13.17 | -8.1 | 35.45 | -31.93 | -24.64 | 97.73 | -20.14 | -0.93 |
| 23Q1 (17) | 1.90 | -21.16 | 0.0 | 0.72 | -25.0 | -14.29 | 47.82 | 26.44 | -0.08 | 126.63 | 33.13 | 16.3 | 52.08 | 28.47 | -6.55 | 122.37 | 32.45 | 21.15 |
| 22Q4 (16) | 2.41 | -15.73 | 2.99 | 0.96 | 50.0 | -21.31 | 37.82 | 18.89 | -2.83 | 95.12 | -32.73 | 27.1 | 40.54 | -21.34 | 3.44 | 92.39 | -24.06 | 23.91 |
| 22Q3 (15) | 2.86 | -18.05 | 9.16 | 0.64 | -15.79 | -8.57 | 31.81 | 22.11 | -8.33 | 141.39 | 18.18 | 8.97 | 51.54 | 9.57 | 8.99 | 121.66 | 23.32 | 3.84 |
| 22Q2 (14) | 3.49 | 83.68 | -15.09 | 0.76 | -9.52 | -14.61 | 26.05 | -45.57 | 17.66 | 119.64 | 9.88 | 17.58 | 47.04 | -15.59 | 50.48 | 98.65 | -2.34 | 6.5 |
| 22Q1 (13) | 1.90 | -18.8 | -22.13 | 0.84 | -31.15 | -18.45 | 47.86 | 22.97 | 28.21 | 108.88 | 45.48 | 22.89 | 55.73 | 42.2 | 37.74 | 101.01 | 35.47 | 18.18 |
| 21Q4 (12) | 2.34 | -10.69 | -14.91 | 1.22 | 74.29 | -20.78 | 38.92 | 12.16 | 17.8 | 74.84 | -42.32 | 26.55 | 39.19 | -17.13 | 14.32 | 74.56 | -36.36 | 28.75 |
| 21Q3 (11) | 2.62 | -36.25 | 3.97 | 0.70 | -21.35 | -29.29 | 34.70 | 56.73 | -3.98 | 129.75 | 27.52 | 41.76 | 47.29 | 51.28 | 3.25 | 117.16 | 26.48 | 43.1 |
| 21Q2 (10) | 4.11 | 68.44 | 16.1 | 0.89 | -13.59 | -15.24 | 22.14 | -40.69 | -13.85 | 101.75 | 14.84 | 17.56 | 31.26 | -22.74 | -14.75 | 92.63 | 8.38 | 22.56 |
| 21Q1 (9) | 2.44 | -11.27 | 34.07 | 1.03 | -33.12 | 6.19 | 37.33 | 12.98 | -25.4 | 88.60 | 49.81 | -5.25 | 40.46 | 18.03 | -11.35 | 85.47 | 47.59 | -12.71 |
| 20Q4 (8) | 2.75 | 9.13 | 13.64 | 1.54 | 55.56 | 1.99 | 33.04 | -8.58 | -11.96 | 59.14 | -35.39 | -1.55 | 34.28 | -25.15 | 3.75 | 57.91 | -29.27 | -10.3 |
| 20Q3 (7) | 2.52 | -28.81 | 17.21 | 0.99 | -5.71 | 12.5 | 36.14 | 40.62 | -14.66 | 91.53 | 5.75 | -11.51 | 45.80 | 24.9 | -9.74 | 81.87 | 8.32 | -13.86 |
| 20Q2 (6) | 3.54 | 94.51 | 28.26 | 1.05 | 8.25 | 6.06 | 25.70 | -48.64 | -21.98 | 86.55 | -7.44 | -5.74 | 36.67 | -19.65 | -8.78 | 75.58 | -22.81 | -10.62 |
| 20Q1 (5) | 1.82 | -24.79 | 16.67 | 0.97 | -35.76 | 11.49 | 50.04 | 33.33 | -14.49 | 93.51 | 55.67 | -10.9 | 45.64 | 38.14 | -20.53 | 97.91 | 51.66 | -7.67 |
| 19Q4 (4) | 2.42 | 12.56 | 0.0 | 1.51 | 71.59 | 0.0 | 37.53 | -11.38 | 0.0 | 60.07 | -41.92 | 0.0 | 33.04 | -34.88 | 0.0 | 64.56 | -32.07 | 0.0 |
| 19Q3 (3) | 2.15 | -22.1 | 0.0 | 0.88 | -11.11 | 0.0 | 42.35 | 28.57 | 0.0 | 103.43 | 12.64 | 0.0 | 50.74 | 26.22 | 0.0 | 95.04 | 12.39 | 0.0 |
| 19Q2 (2) | 2.76 | 76.92 | 0.0 | 0.99 | 13.79 | 0.0 | 32.94 | -43.71 | 0.0 | 91.82 | -12.51 | 0.0 | 40.20 | -30.0 | 0.0 | 84.56 | -20.26 | 0.0 |
| 19Q1 (1) | 1.56 | 0.0 | 0.0 | 0.87 | 0.0 | 0.0 | 58.52 | 0.0 | 0.0 | 104.95 | 0.0 | 0.0 | 57.43 | 0.0 | 0.0 | 106.04 | 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) | 5.00 | -7.92 | 3.25 | -4.69 | 72.95 | 8.51 | 112.18 | 4.76 | 60.88 | -2.89 | 124.25 | 11.32 |
| 2022 (9) | 5.43 | -6.54 | 3.41 | -14.11 | 67.23 | 7.11 | 107.08 | 16.43 | 62.69 | 3.16 | 111.62 | 18.78 |
| 2021 (8) | 5.81 | -11.03 | 3.97 | -15.35 | 62.77 | 12.25 | 91.97 | 18.26 | 60.77 | 20.08 | 93.97 | 13.11 |
| 2020 (7) | 6.53 | 30.08 | 4.69 | 14.95 | 55.92 | -23.09 | 77.77 | -13.07 | 50.61 | -16.76 | 83.08 | -18.04 |
| 2019 (6) | 5.02 | 26.13 | 4.08 | 12.71 | 72.71 | -20.64 | 89.46 | -11.19 | 60.80 | -19.22 | 101.37 | -13.42 |
| 2018 (5) | 3.98 | 3.38 | 3.62 | -6.7 | 91.62 | -3.29 | 100.73 | 7.19 | 75.27 | 3.24 | 117.08 | 1.11 |
| 2017 (4) | 3.85 | -6.78 | 3.88 | 6.3 | 94.74 | 7.11 | 93.97 | -6.04 | 72.91 | 0.57 | 115.80 | -0.14 |
| 2016 (3) | 4.13 | -4.62 | 3.65 | 18.12 | 88.45 | 4.87 | 100.01 | -15.4 | 72.50 | -0.89 | 115.96 | -10.39 |
| 2015 (2) | 4.33 | -8.46 | 3.09 | 23.6 | 84.34 | 9.38 | 118.22 | -18.97 | 73.15 | -20.11 | 129.41 | -1.55 |
| 2014 (1) | 4.73 | 0.0 | 2.50 | 7.3 | 77.11 | -0.17 | 145.90 | -7.01 | 91.56 | -17.21 | 131.45 | 6.4 |
