- 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) | 1.04 | -3.7 | -0.95 | 1.08 | -4.42 | 16.13 | 87.16 | 3.22 | 0.58 | 84.22 | 4.8 | -13.47 | 94.64 | 7.3 | 4.53 | 76.73 | 0.17 | -17.89 |
| 23Q3 (19) | 1.08 | -4.42 | 0.93 | 1.13 | 1.8 | 13.0 | 84.44 | 5.01 | -0.76 | 80.36 | -1.7 | -11.29 | 88.20 | 8.69 | 12.06 | 76.60 | -5.44 | -21.01 |
| 23Q2 (18) | 1.13 | -1.74 | 20.21 | 1.11 | 12.12 | 44.16 | 80.41 | 1.48 | -16.93 | 81.75 | -10.95 | -30.38 | 81.15 | -1.39 | -12.98 | 81.01 | -8.72 | -33.04 |
| 23Q1 (17) | 1.15 | 9.52 | 16.16 | 0.99 | 6.45 | 28.57 | 79.24 | -8.56 | -14.05 | 91.80 | -5.68 | -22.14 | 82.29 | -9.11 | -15.3 | 88.75 | -5.03 | -21.43 |
| 22Q4 (16) | 1.05 | -1.87 | 2.94 | 0.93 | -7.0 | 17.72 | 86.66 | 1.85 | -2.88 | 97.33 | 7.44 | -15.94 | 90.54 | 15.03 | -6.6 | 93.45 | -3.63 | -13.53 |
| 22Q3 (15) | 1.07 | 13.83 | 8.08 | 1.00 | 29.87 | 20.48 | 85.09 | -12.1 | -7.2 | 90.59 | -22.86 | -16.95 | 78.71 | -15.59 | -17.18 | 96.97 | -19.85 | -8.28 |
| 22Q2 (14) | 0.94 | -5.05 | -7.84 | 0.77 | 0.0 | -16.3 | 96.80 | 5.0 | 8.58 | 117.43 | -0.41 | 18.44 | 93.25 | -4.01 | -3.46 | 120.99 | 7.12 | 31.93 |
| 22Q1 (13) | 0.99 | -2.94 | 3.13 | 0.77 | -2.53 | -19.79 | 92.19 | 3.32 | -3.21 | 117.91 | 1.84 | 24.85 | 97.15 | 0.22 | -4.05 | 112.95 | 4.52 | 27.71 |
| 21Q4 (12) | 1.02 | 3.03 | -7.27 | 0.79 | -4.82 | -27.52 | 89.23 | -2.68 | 7.87 | 115.78 | 6.14 | 38.08 | 96.94 | 2.0 | 14.37 | 108.07 | 2.22 | 32.1 |
| 21Q3 (11) | 0.99 | -2.94 | -8.33 | 0.83 | -9.78 | -17.82 | 91.69 | 2.85 | 8.96 | 109.08 | 10.02 | 20.9 | 95.04 | -1.6 | 18.71 | 105.72 | 15.28 | 12.11 |
| 21Q2 (10) | 1.02 | 6.25 | -19.05 | 0.92 | -4.17 | -4.17 | 89.15 | -6.4 | 23.44 | 99.15 | 4.99 | 4.06 | 96.59 | -4.6 | 23.93 | 91.71 | 3.7 | 2.4 |
| 21Q1 (9) | 0.96 | -12.73 | -1.03 | 0.96 | -11.93 | 20.0 | 95.25 | 15.15 | 1.33 | 94.44 | 12.63 | -16.69 | 101.25 | 19.45 | 8.54 | 88.44 | 8.1 | -22.48 |
| 20Q4 (8) | 1.10 | 1.85 | -0.9 | 1.09 | 7.92 | 9.0 | 82.72 | -1.7 | 0.93 | 83.85 | -7.06 | -7.57 | 84.76 | 5.87 | 5.33 | 81.81 | -13.24 | -11.28 |
| 20Q3 (7) | 1.08 | -14.29 | -5.26 | 1.01 | 5.21 | -9.82 | 84.15 | 16.52 | 5.07 | 90.22 | -5.31 | 10.59 | 80.06 | 2.72 | 9.46 | 94.30 | 5.29 | 6.53 |
| 20Q2 (6) | 1.26 | 29.9 | 1.61 | 0.96 | 20.0 | -11.11 | 72.22 | -23.17 | -1.81 | 95.28 | -15.95 | 13.59 | 77.94 | -16.45 | 17.41 | 89.56 | -21.49 | -1.64 |
| 20Q1 (5) | 0.97 | -12.61 | -11.82 | 0.80 | -20.0 | -10.11 | 94.00 | 14.69 | 13.98 | 113.36 | 24.96 | 11.08 | 93.28 | 15.92 | 16.02 | 114.08 | 23.72 | 9.57 |
| 19Q4 (4) | 1.11 | -2.63 | 0.0 | 1.00 | -10.71 | 0.0 | 81.96 | 2.33 | 0.0 | 90.72 | 11.2 | 0.0 | 80.47 | 10.02 | 0.0 | 92.21 | 4.17 | 0.0 |
| 19Q3 (3) | 1.14 | -8.06 | 0.0 | 1.12 | 3.7 | 0.0 | 80.09 | 8.89 | 0.0 | 81.58 | -2.74 | 0.0 | 73.14 | 10.18 | 0.0 | 88.52 | -2.78 | 0.0 |
| 19Q2 (2) | 1.24 | 12.73 | 0.0 | 1.08 | 21.35 | 0.0 | 73.55 | -10.82 | 0.0 | 83.88 | -17.8 | 0.0 | 66.38 | -17.44 | 0.0 | 91.05 | -12.55 | 0.0 |
| 19Q1 (1) | 1.10 | 0.0 | 0.0 | 0.89 | 0.0 | 0.0 | 82.47 | 0.0 | 0.0 | 102.05 | 0.0 | 0.0 | 80.40 | 0.0 | 0.0 | 104.12 | 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) | 4.41 | -0.68 | 4.02 | 17.2 | 82.80 | 0.73 | 90.84 | -14.66 | 90.74 | -0.04 | 82.90 | -15.3 |
| 2022 (9) | 4.44 | 10.72 | 3.43 | -0.58 | 82.20 | -9.63 | 106.45 | 0.75 | 90.78 | -8.31 | 97.87 | 0.27 |
| 2021 (8) | 4.01 | 0.0 | 3.45 | -8.97 | 90.96 | -0.09 | 105.66 | 9.74 | 99.01 | 4.81 | 97.61 | 5.13 |
| 2020 (7) | 4.01 | -13.2 | 3.79 | -2.32 | 91.04 | 15.12 | 96.28 | 2.34 | 94.47 | 15.29 | 92.85 | 1.8 |
| 2019 (6) | 4.62 | 2.21 | 3.88 | -1.27 | 79.08 | -2.02 | 94.08 | 1.39 | 81.94 | -0.62 | 91.21 | 0.18 |
| 2018 (5) | 4.52 | 11.6 | 3.93 | -8.6 | 80.71 | -10.52 | 92.79 | 9.31 | 82.45 | -3.27 | 91.05 | 1.32 |
| 2017 (4) | 4.05 | 0.5 | 4.30 | -12.6 | 90.20 | -0.34 | 84.89 | 14.47 | 85.24 | 3.89 | 89.86 | 8.76 |
| 2016 (3) | 4.03 | 6.61 | 4.92 | -1.6 | 90.51 | -6.38 | 74.16 | 1.6 | 82.05 | -5.21 | 82.62 | -0.58 |
| 2015 (2) | 3.78 | 5.29 | 5.00 | 6.61 | 96.68 | -4.94 | 72.99 | -6.28 | 86.56 | -10.94 | 83.10 | 0.86 |
| 2014 (1) | 3.59 | 4.36 | 4.69 | 1.3 | 101.70 | -4.27 | 77.88 | -1.21 | 97.19 | 1.54 | 82.39 | -7.8 |
