- 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) | 1.37 | -12.74 | -15.95 | 0.82 | -23.36 | 70.83 | 66.45 | 14.53 | 19.11 | 110.60 | 29.74 | -41.51 | 83.40 | 32.13 | 49.06 | 93.64 | 16.83 | -50.43 |
| 23Q3 (19) | 1.57 | -15.59 | 6.08 | 1.07 | 24.42 | 143.18 | 58.02 | 18.29 | -5.81 | 85.25 | -18.98 | -59.19 | 63.12 | 12.35 | -14.47 | 80.15 | -18.3 | -59.25 |
| 23Q2 (18) | 1.86 | 7.51 | 18.47 | 0.86 | 48.28 | 72.0 | 49.05 | -6.55 | -15.61 | 105.22 | -33.16 | -42.31 | 56.18 | -5.21 | -39.99 | 98.10 | -34.87 | -33.22 |
| 23Q1 (17) | 1.73 | 6.13 | 8.12 | 0.58 | 20.83 | -12.12 | 52.49 | -5.92 | -7.64 | 157.41 | -16.75 | 14.61 | 59.27 | 5.93 | -39.69 | 150.63 | -20.27 | 57.07 |
| 22Q4 (16) | 1.63 | 10.14 | 10.88 | 0.48 | 9.09 | -46.07 | 55.79 | -9.43 | -10.15 | 189.08 | -9.48 | 84.22 | 55.95 | -24.19 | -44.74 | 188.92 | -3.95 | 197.61 |
| 22Q3 (15) | 1.48 | -5.73 | -13.95 | 0.44 | -12.0 | -67.16 | 61.60 | 5.99 | 16.6 | 208.89 | 14.52 | 207.82 | 73.80 | -21.17 | -8.54 | 196.69 | 33.89 | 391.73 |
| 22Q2 (14) | 1.57 | -1.88 | -9.25 | 0.50 | -24.24 | -64.29 | 58.12 | 2.27 | 10.7 | 182.40 | 32.8 | 181.0 | 93.62 | -4.74 | 18.09 | 146.90 | 53.18 | 285.26 |
| 22Q1 (13) | 1.60 | 8.84 | -7.51 | 0.66 | -25.84 | -54.48 | 56.83 | -8.47 | 8.23 | 137.35 | 33.82 | 119.3 | 98.28 | -2.93 | 26.52 | 95.90 | 51.07 | 156.01 |
| 21Q4 (12) | 1.47 | -14.53 | -11.45 | 0.89 | -33.58 | -39.86 | 62.09 | 17.53 | 12.99 | 102.64 | 51.25 | 67.19 | 101.25 | 25.48 | 27.17 | 63.48 | 58.7 | 72.83 |
| 21Q3 (11) | 1.72 | -0.58 | -9.95 | 1.34 | -4.29 | -18.79 | 52.83 | 0.63 | 10.78 | 67.86 | 4.54 | 22.96 | 80.69 | 1.78 | 17.59 | 40.00 | 4.9 | 16.75 |
| 21Q2 (10) | 1.73 | 0.0 | -13.07 | 1.40 | -3.45 | 2.19 | 52.50 | -0.02 | 14.83 | 64.91 | 3.64 | -2.43 | 79.28 | 2.06 | 13.97 | 38.13 | 1.79 | -10.68 |
| 21Q1 (9) | 1.73 | 4.22 | 6.79 | 1.45 | -2.03 | 33.03 | 52.51 | -4.44 | -6.68 | 62.63 | 2.02 | -24.68 | 77.68 | -2.44 | -9.22 | 37.46 | 1.99 | -30.42 |
| 20Q4 (8) | 1.66 | -13.09 | 8.5 | 1.48 | -10.3 | 8.03 | 54.95 | 15.22 | -7.6 | 61.39 | 11.23 | -7.49 | 79.62 | 16.03 | 6.23 | 36.73 | 7.21 | -27.82 |
| 20Q3 (7) | 1.91 | -4.02 | 4.95 | 1.65 | 20.44 | 18.71 | 47.69 | 4.31 | -4.49 | 55.19 | -17.04 | -15.88 | 68.62 | -1.35 | 11.45 | 34.26 | -19.75 | -36.53 |
| 20Q2 (6) | 1.99 | 22.84 | -2.45 | 1.37 | 25.69 | 39.8 | 45.72 | -18.75 | 2.56 | 66.53 | -19.99 | -28.65 | 69.56 | -18.71 | 10.12 | 42.69 | -20.71 | -42.82 |
| 20Q1 (5) | 1.62 | 5.88 | -8.47 | 1.09 | -20.44 | 39.74 | 56.27 | -5.38 | 9.5 | 83.15 | 25.3 | -28.88 | 85.57 | 14.17 | 3.31 | 53.84 | 5.8 | -37.01 |
| 19Q4 (4) | 1.53 | -15.93 | 0.0 | 1.37 | -1.44 | 0.0 | 59.47 | 19.11 | 0.0 | 66.36 | 1.14 | 0.0 | 74.95 | 21.73 | 0.0 | 50.89 | -5.72 | 0.0 |
| 19Q3 (3) | 1.82 | -10.78 | 0.0 | 1.39 | 41.84 | 0.0 | 49.93 | 12.0 | 0.0 | 65.61 | -29.64 | 0.0 | 61.57 | -2.53 | 0.0 | 53.98 | -27.7 | 0.0 |
| 19Q2 (2) | 2.04 | 15.25 | 0.0 | 0.98 | 25.64 | 0.0 | 44.58 | -13.25 | 0.0 | 93.25 | -20.24 | 0.0 | 63.17 | -23.74 | 0.0 | 74.66 | -12.66 | 0.0 |
| 19Q1 (1) | 1.77 | 0.0 | 0.0 | 0.78 | 0.0 | 0.0 | 51.39 | 0.0 | 0.0 | 116.92 | 0.0 | 0.0 | 82.83 | 0.0 | 0.0 | 85.48 | 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) | 7.83 | 33.16 | 3.04 | 31.6 | 46.59 | -24.98 | 120.01 | -23.89 | 59.42 | -37.05 | 107.18 | -14.52 |
| 2022 (9) | 5.88 | -23.64 | 2.31 | -46.65 | 62.10 | 31.07 | 157.67 | 86.86 | 94.39 | 14.15 | 125.38 | 155.51 |
| 2021 (8) | 7.70 | 12.57 | 4.33 | -22.82 | 47.38 | -11.16 | 84.38 | 29.72 | 82.69 | 5.86 | 49.07 | 21.82 |
| 2020 (7) | 6.84 | -2.84 | 5.61 | 27.5 | 53.33 | 2.91 | 65.05 | -21.55 | 78.11 | -0.74 | 40.28 | -28.14 |
| 2019 (6) | 7.04 | 1.0 | 4.40 | 6.28 | 51.82 | -1.09 | 82.92 | -5.94 | 78.69 | -8.36 | 56.05 | 2.52 |
| 2018 (5) | 6.97 | 12.6 | 4.14 | -16.02 | 52.39 | -11.13 | 88.16 | 19.18 | 85.87 | 4.21 | 54.67 | 8.21 |
| 2017 (4) | 6.19 | 5.45 | 4.93 | 5.79 | 58.95 | -5.16 | 73.97 | -5.6 | 82.40 | 2.92 | 50.52 | -16.44 |
| 2016 (3) | 5.87 | 4.08 | 4.66 | 12.83 | 62.16 | -4.03 | 78.36 | -11.38 | 80.06 | -2.7 | 60.46 | -14.72 |
| 2015 (2) | 5.64 | 1.44 | 4.13 | -11.18 | 64.77 | -1.33 | 88.42 | 12.62 | 82.28 | 6.76 | 70.90 | 5.68 |
| 2014 (1) | 5.56 | 3.54 | 4.65 | -3.93 | 65.64 | -3.37 | 78.51 | 4.12 | 77.07 | 0.59 | 67.09 | 0.58 |
