- 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) | 0.88 | -8.33 | -9.28 | 1.92 | 0.52 | 7.26 | 103.89 | 9.51 | 10.65 | 47.31 | -0.78 | -7.11 | 107.45 | 24.84 | 11.45 | 43.75 | -22.53 | -9.63 |
| 23Q3 (19) | 0.96 | 26.32 | 7.87 | 1.91 | 31.72 | 66.09 | 94.87 | -21.27 | -7.4 | 47.68 | -24.02 | -39.73 | 86.07 | -23.25 | -22.18 | 56.47 | -20.59 | -20.43 |
| 23Q2 (18) | 0.76 | 13.43 | -3.8 | 1.45 | -2.68 | 40.78 | 120.50 | -11.36 | 4.5 | 62.75 | 2.87 | -29.02 | 112.14 | -16.48 | 1.37 | 71.11 | 13.45 | -23.62 |
| 23Q1 (17) | 0.67 | -30.93 | 11.67 | 1.49 | -16.76 | 77.38 | 135.94 | 44.79 | -10.06 | 61.00 | 19.77 | -43.94 | 134.26 | 39.26 | -8.99 | 62.68 | 29.48 | -44.24 |
| 22Q4 (16) | 0.97 | 8.99 | 7.78 | 1.79 | 55.65 | 51.69 | 93.89 | -8.36 | -7.62 | 50.93 | -35.62 | -34.05 | 96.41 | -12.83 | -3.45 | 48.41 | -31.79 | -38.74 |
| 22Q3 (15) | 0.89 | 12.66 | -3.26 | 1.15 | 11.65 | 11.65 | 102.45 | -11.15 | 3.87 | 79.11 | -10.52 | -10.43 | 110.60 | -0.02 | 16.13 | 70.97 | -23.77 | -22.61 |
| 22Q2 (14) | 0.79 | 31.67 | 0.0 | 1.03 | 22.62 | 11.96 | 115.31 | -23.71 | 0.14 | 88.41 | -18.75 | -10.88 | 110.62 | -25.02 | 12.05 | 93.10 | -17.19 | -19.48 |
| 22Q1 (13) | 0.60 | -33.33 | -11.76 | 0.84 | -28.81 | -12.5 | 151.14 | 48.7 | 12.34 | 108.81 | 40.89 | 14.94 | 147.53 | 47.75 | 36.59 | 112.42 | 42.27 | -7.24 |
| 21Q4 (12) | 0.90 | -2.17 | 1.12 | 1.18 | 14.56 | -20.27 | 101.64 | 3.05 | -0.52 | 77.23 | -12.56 | 25.97 | 99.85 | 4.84 | 27.07 | 79.02 | -13.84 | -6.93 |
| 21Q3 (11) | 0.92 | 16.46 | 10.84 | 1.03 | 11.96 | -28.97 | 98.63 | -14.35 | -9.81 | 88.32 | -10.97 | 40.84 | 95.24 | -3.53 | 15.84 | 91.71 | -20.69 | 2.07 |
| 21Q2 (10) | 0.79 | 16.18 | -4.82 | 0.92 | -4.17 | -39.87 | 115.15 | -14.41 | 5.13 | 99.20 | 4.79 | 67.31 | 98.72 | -8.6 | 33.5 | 115.63 | -4.6 | 21.87 |
| 21Q1 (9) | 0.68 | -23.6 | -2.86 | 0.96 | -35.14 | -26.15 | 134.54 | 31.68 | 3.5 | 94.67 | 54.41 | 35.11 | 108.01 | 37.45 | 20.8 | 121.20 | 42.76 | 9.54 |
| 20Q4 (8) | 0.89 | 7.23 | -3.26 | 1.48 | 2.07 | -13.95 | 102.17 | -6.57 | 3.78 | 61.31 | -2.23 | 15.79 | 78.58 | -4.43 | 9.98 | 84.90 | -5.51 | 6.19 |
| 20Q3 (7) | 0.83 | 0.0 | -6.74 | 1.45 | -5.23 | -5.23 | 109.36 | -0.16 | 7.19 | 62.71 | 5.77 | 5.39 | 82.22 | 11.18 | 18.1 | 89.85 | -5.3 | -2.23 |
| 20Q2 (6) | 0.83 | 18.57 | 1.22 | 1.53 | 17.69 | 24.39 | 109.53 | -15.74 | -1.19 | 59.29 | -15.38 | -20.17 | 73.95 | -17.29 | -12.3 | 94.88 | -14.24 | -5.88 |
| 20Q1 (5) | 0.70 | -23.91 | -7.89 | 1.30 | -24.42 | 3.17 | 129.99 | 32.04 | 9.17 | 70.07 | 32.33 | -3.07 | 89.41 | 25.14 | -7.61 | 110.64 | 38.39 | 16.97 |
| 19Q4 (4) | 0.92 | 3.37 | 0.0 | 1.72 | 12.42 | 0.0 | 98.45 | -3.5 | 0.0 | 52.95 | -11.01 | 0.0 | 71.45 | 2.63 | 0.0 | 79.95 | -13.0 | 0.0 |
| 19Q3 (3) | 0.89 | 8.54 | 0.0 | 1.53 | 24.39 | 0.0 | 102.02 | -7.97 | 0.0 | 59.50 | -19.89 | 0.0 | 69.62 | -17.43 | 0.0 | 91.90 | -8.84 | 0.0 |
| 19Q2 (2) | 0.82 | 7.89 | 0.0 | 1.23 | -2.38 | 0.0 | 110.85 | -6.9 | 0.0 | 74.27 | 2.74 | 0.0 | 84.32 | -12.87 | 0.0 | 100.81 | 6.58 | 0.0 |
| 19Q1 (1) | 0.76 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | 119.07 | 0.0 | 0.0 | 72.29 | 0.0 | 0.0 | 96.77 | 0.0 | 0.0 | 94.59 | 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) | 2.73 | 1.87 | 6.52 | 27.34 | 133.90 | -1.5 | 55.96 | -21.57 | 139.34 | 5.32 | 50.53 | -32.63 |
| 2022 (9) | 2.68 | -0.37 | 5.12 | 18.52 | 135.94 | 0.02 | 71.35 | -15.6 | 132.30 | 12.91 | 75.00 | -27.38 |
| 2021 (8) | 2.69 | -16.72 | 4.32 | -24.74 | 135.91 | 20.37 | 84.54 | 32.92 | 117.17 | 35.38 | 103.28 | 14.82 |
| 2020 (7) | 3.23 | 8.03 | 5.74 | 3.99 | 112.91 | -7.37 | 63.60 | -3.85 | 86.55 | -10.12 | 89.95 | -1.96 |
| 2019 (6) | 2.99 | -16.94 | 5.52 | -14.02 | 121.89 | 20.18 | 66.15 | 16.26 | 96.29 | 11.71 | 91.75 | 27.22 |
| 2018 (5) | 3.60 | -2.44 | 6.42 | 7.9 | 101.42 | 2.52 | 56.90 | -7.27 | 86.20 | -1.62 | 72.12 | -0.77 |
| 2017 (4) | 3.69 | -11.93 | 5.95 | -8.32 | 98.93 | 13.58 | 61.36 | 9.03 | 87.62 | 34.39 | 72.68 | -7.04 |
| 2016 (3) | 4.19 | 15.75 | 6.49 | 0.0 | 87.10 | -13.6 | 56.28 | 0.0 | 65.20 | 6.03 | 78.18 | -18.21 |
| 2015 (2) | 3.62 | 8.06 | 6.49 | -8.2 | 100.81 | -7.51 | 56.28 | 9.01 | 61.49 | -9.48 | 95.59 | 3.13 |
| 2014 (1) | 3.35 | 17.13 | 7.07 | 8.27 | 108.99 | -14.6 | 51.63 | -7.64 | 67.93 | -18.42 | 92.69 | -7.55 |
