- 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) | 1.75 | -1.13 | 8.02 | 1.59 | 27.2 | 47.22 | 52.08 | 1.26 | -7.18 | 57.17 | -21.33 | -31.98 | 25.70 | 7.17 | 20.15 | 83.55 | -16.56 | -29.65 |
| 23Q3 (19) | 1.77 | 22.92 | 7.27 | 1.25 | 81.16 | 34.41 | 51.43 | -18.4 | -6.58 | 72.67 | -45.06 | -25.47 | 23.98 | -8.09 | 34.12 | 100.13 | -40.82 | -25.65 |
| 23Q2 (18) | 1.44 | 13.39 | 5.88 | 0.69 | -17.86 | 6.15 | 63.03 | -11.96 | -6.02 | 132.26 | 22.72 | -5.11 | 26.09 | -12.18 | -1.92 | 169.20 | 13.06 | -5.92 |
| 23Q1 (17) | 1.27 | -21.6 | 10.43 | 0.84 | -22.22 | 6.33 | 71.59 | 27.59 | -9.36 | 107.77 | 28.22 | -6.58 | 29.71 | 38.9 | 2.1 | 149.65 | 26.0 | -9.43 |
| 22Q4 (16) | 1.62 | -1.82 | 16.55 | 1.08 | 16.13 | 11.34 | 56.11 | 1.93 | -14.31 | 84.05 | -13.8 | -10.67 | 21.39 | 19.63 | -15.02 | 118.77 | -11.81 | -11.64 |
| 22Q3 (15) | 1.65 | 21.32 | 11.49 | 0.93 | 43.08 | 13.41 | 55.05 | -17.92 | -10.21 | 97.51 | -30.04 | -12.59 | 17.88 | -32.78 | -37.96 | 134.67 | -25.12 | -6.51 |
| 22Q2 (14) | 1.36 | 18.26 | 5.43 | 0.65 | -17.72 | -14.47 | 67.07 | -15.08 | -4.76 | 139.38 | 20.82 | 16.23 | 26.60 | -8.59 | -23.87 | 179.85 | 8.84 | 15.73 |
| 22Q1 (13) | 1.15 | -17.27 | -4.96 | 0.79 | -18.56 | -15.96 | 78.98 | 20.62 | 5.1 | 115.36 | 22.61 | 18.99 | 29.10 | 15.61 | -14.26 | 165.24 | 22.94 | 19.6 |
| 21Q4 (12) | 1.39 | -6.08 | 4.51 | 0.97 | 18.29 | -24.22 | 65.48 | 6.8 | -4.42 | 94.09 | -15.65 | 32.71 | 25.17 | -12.66 | 13.89 | 134.41 | -6.69 | 14.58 |
| 21Q3 (11) | 1.48 | 14.73 | 18.4 | 0.82 | 7.89 | -24.07 | 61.31 | -12.94 | -16.07 | 111.55 | -6.98 | 31.89 | 28.82 | -17.52 | 32.63 | 144.04 | -7.31 | 5.99 |
| 21Q2 (10) | 1.29 | 6.61 | 24.04 | 0.76 | -19.15 | -8.43 | 70.42 | -6.29 | -19.4 | 119.92 | 23.69 | 9.35 | 34.94 | 2.95 | 6.14 | 155.40 | 12.48 | -5.31 |
| 21Q1 (9) | 1.21 | -9.02 | 26.04 | 0.94 | -26.56 | -3.09 | 75.15 | 9.69 | -21.01 | 96.95 | 36.74 | 3.38 | 33.94 | 53.57 | -0.29 | 138.16 | 17.77 | -10.8 |
| 20Q4 (8) | 1.33 | 6.4 | 18.75 | 1.28 | 18.52 | -8.57 | 68.51 | -6.21 | -15.5 | 70.90 | -16.17 | 9.09 | 22.10 | 1.7 | -13.16 | 117.31 | -13.68 | -2.74 |
| 20Q3 (7) | 1.25 | 20.19 | 1.63 | 1.08 | 30.12 | -18.8 | 73.05 | -16.39 | -1.6 | 84.58 | -22.88 | 23.26 | 21.73 | -33.99 | -10.98 | 135.90 | -17.19 | 14.73 |
| 20Q2 (6) | 1.04 | 8.33 | -16.13 | 0.83 | -14.43 | -11.7 | 87.37 | -8.17 | 18.82 | 109.67 | 16.94 | 12.77 | 32.92 | -3.29 | -4.19 | 164.12 | 5.97 | 20.3 |
| 20Q1 (5) | 0.96 | -14.29 | 5.49 | 0.97 | -30.71 | 15.48 | 95.14 | 17.34 | -4.81 | 93.78 | 44.3 | -13.61 | 34.04 | 33.75 | -23.88 | 154.88 | 28.4 | -5.45 |
| 19Q4 (4) | 1.12 | -8.94 | 0.0 | 1.40 | 5.26 | 0.0 | 81.08 | 9.21 | 0.0 | 64.99 | -5.29 | 0.0 | 25.45 | 4.26 | 0.0 | 120.62 | 1.83 | 0.0 |
| 19Q3 (3) | 1.23 | -0.81 | 0.0 | 1.33 | 41.49 | 0.0 | 74.24 | 0.97 | 0.0 | 68.62 | -29.44 | 0.0 | 24.41 | -28.96 | 0.0 | 118.45 | -13.18 | 0.0 |
| 19Q2 (2) | 1.24 | 36.26 | 0.0 | 0.94 | 11.9 | 0.0 | 73.53 | -26.43 | 0.0 | 97.25 | -10.42 | 0.0 | 34.36 | -23.17 | 0.0 | 136.43 | -16.71 | 0.0 |
| 19Q1 (1) | 0.91 | 0.0 | 0.0 | 0.84 | 0.0 | 0.0 | 99.95 | 0.0 | 0.0 | 108.56 | 0.0 | 0.0 | 44.72 | 0.0 | 0.0 | 163.80 | 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) | 5.38 | 1.51 | 5.12 | 29.29 | 67.79 | -1.55 | 71.30 | -22.64 | 24.94 | -12.46 | 114.15 | -13.88 |
| 2022 (9) | 5.30 | 19.1 | 3.96 | 2.33 | 68.86 | -16.03 | 92.17 | -2.38 | 28.49 | -10.47 | 132.54 | -8.35 |
| 2021 (8) | 4.45 | 4.95 | 3.87 | -19.88 | 82.01 | -4.72 | 94.42 | 24.83 | 31.82 | 4.23 | 144.62 | 10.25 |
| 2020 (7) | 4.24 | -6.81 | 4.83 | -3.4 | 86.07 | 7.28 | 75.64 | 3.69 | 30.53 | -4.47 | 131.17 | 8.21 |
| 2019 (6) | 4.55 | 21.33 | 5.00 | 3.73 | 80.23 | -17.61 | 72.95 | -3.66 | 31.96 | -31.39 | 121.22 | -4.2 |
| 2018 (5) | 3.75 | 7.14 | 4.82 | -23.61 | 97.38 | -6.55 | 75.72 | 30.87 | 46.58 | 2.42 | 126.53 | 8.53 |
| 2017 (4) | 3.50 | -3.31 | 6.31 | 25.2 | 104.21 | 3.39 | 57.86 | -20.15 | 45.48 | -16.52 | 116.58 | -1.84 |
| 2016 (3) | 3.62 | -19.38 | 5.04 | -23.05 | 100.79 | 24.05 | 72.46 | 30.09 | 54.48 | -9.61 | 118.77 | 54.87 |
| 2015 (2) | 4.49 | -1.1 | 6.55 | -4.1 | 81.25 | 1.16 | 55.70 | 4.27 | 60.27 | -6.34 | 76.69 | 10.52 |
| 2014 (1) | 4.54 | 11.0 | 6.83 | 23.29 | 80.32 | -9.92 | 53.42 | -18.93 | 64.35 | -15.83 | 69.39 | -11.73 |
