- 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) | 0.94 | -13.76 | -11.32 | 0.81 | -10.0 | 15.71 | 96.74 | 16.06 | 12.96 | 111.99 | 11.1 | -14.38 | 52.44 | 31.86 | 53.33 | 156.28 | 8.24 | -14.24 |
| 23Q3 (19) | 1.09 | 1.87 | 22.47 | 0.90 | 21.62 | 26.76 | 83.35 | -1.8 | -18.15 | 100.80 | -18.5 | -21.62 | 39.77 | -4.24 | -15.83 | 144.38 | -13.57 | -21.18 |
| 23Q2 (18) | 1.07 | 8.08 | 13.83 | 0.74 | 19.35 | -28.85 | 84.88 | -7.66 | -11.95 | 123.68 | -16.33 | 41.19 | 41.53 | -2.81 | -3.89 | 167.04 | -15.21 | 18.64 |
| 23Q1 (17) | 0.99 | -6.6 | -11.61 | 0.62 | -11.43 | -53.38 | 91.92 | 7.33 | 12.77 | 147.82 | 13.01 | 116.71 | 42.73 | 24.94 | 16.21 | 197.01 | 8.1 | 74.42 |
| 22Q4 (16) | 1.06 | 19.1 | 0.0 | 0.70 | -1.41 | -44.44 | 85.64 | -15.9 | -0.7 | 130.80 | 1.71 | 81.39 | 34.20 | -27.62 | -16.93 | 182.24 | -0.51 | 55.53 |
| 22Q3 (15) | 0.89 | -5.32 | -21.24 | 0.71 | -31.73 | -54.19 | 101.83 | 5.63 | 26.45 | 128.60 | 46.8 | 118.63 | 47.25 | 9.35 | 18.07 | 183.18 | 30.11 | 84.42 |
| 22Q2 (14) | 0.94 | -16.07 | -15.32 | 1.04 | -21.8 | -35.8 | 96.40 | 18.27 | 17.32 | 87.60 | 28.43 | 55.68 | 43.21 | 17.51 | 8.68 | 140.79 | 24.65 | 42.67 |
| 22Q1 (13) | 1.12 | 5.66 | 0.0 | 1.33 | 5.56 | -19.88 | 81.51 | -5.48 | -0.12 | 68.21 | -5.41 | 24.49 | 36.77 | -10.69 | -0.97 | 112.95 | -3.6 | 13.78 |
| 21Q4 (12) | 1.06 | -6.19 | -5.36 | 1.26 | -18.71 | -30.0 | 86.24 | 7.09 | 5.71 | 72.11 | 22.59 | 42.34 | 41.17 | 2.87 | 19.3 | 117.17 | 17.96 | 19.89 |
| 21Q3 (11) | 1.13 | 1.8 | -18.12 | 1.55 | -4.32 | -26.89 | 80.53 | -2.0 | 22.29 | 58.82 | 4.53 | 37.33 | 40.02 | 0.65 | 34.93 | 99.33 | 0.66 | 25.7 |
| 21Q2 (10) | 1.11 | -0.89 | 4.72 | 1.62 | -2.41 | 14.08 | 82.17 | 0.69 | -4.17 | 56.27 | 2.7 | -12.37 | 39.76 | 7.08 | -8.72 | 98.68 | -0.59 | -7.26 |
| 21Q1 (9) | 1.12 | 0.0 | 25.84 | 1.66 | -7.78 | 20.29 | 81.61 | 0.04 | -20.36 | 54.79 | 8.15 | -16.96 | 37.13 | 7.59 | -19.35 | 99.27 | 1.58 | -18.9 |
| 20Q4 (8) | 1.12 | -18.84 | 15.46 | 1.80 | -15.09 | 15.38 | 81.58 | 23.89 | -13.3 | 50.66 | 18.28 | -12.96 | 34.51 | 16.35 | -21.85 | 97.73 | 23.68 | -9.63 |
| 20Q3 (7) | 1.38 | 30.19 | 30.19 | 2.12 | 49.3 | 43.24 | 65.85 | -23.21 | -23.19 | 42.83 | -33.3 | -30.41 | 29.66 | -31.91 | -31.94 | 79.02 | -25.73 | -23.8 |
| 20Q2 (6) | 1.06 | 19.1 | 12.77 | 1.42 | 2.9 | 16.39 | 85.75 | -16.32 | -10.96 | 64.21 | -2.68 | -14.01 | 43.56 | -5.39 | -5.3 | 106.40 | -13.08 | -14.86 |
| 20Q1 (5) | 0.89 | -8.25 | 4.71 | 1.38 | -11.54 | 22.12 | 102.47 | 8.89 | -4.52 | 65.98 | 13.37 | -17.85 | 46.04 | 4.26 | -3.34 | 122.41 | 13.19 | -12.57 |
| 19Q4 (4) | 0.97 | -8.49 | 0.0 | 1.56 | 5.41 | 0.0 | 94.10 | 9.76 | 0.0 | 58.20 | -5.44 | 0.0 | 44.16 | 1.33 | 0.0 | 108.15 | 4.29 | 0.0 |
| 19Q3 (3) | 1.06 | 12.77 | 0.0 | 1.48 | 21.31 | 0.0 | 85.73 | -10.98 | 0.0 | 61.55 | -17.57 | 0.0 | 43.58 | -5.26 | 0.0 | 103.70 | -17.02 | 0.0 |
| 19Q2 (2) | 0.94 | 10.59 | 0.0 | 1.22 | 7.96 | 0.0 | 96.30 | -10.27 | 0.0 | 74.67 | -7.03 | 0.0 | 46.00 | -3.42 | 0.0 | 124.97 | -10.74 | 0.0 |
| 19Q1 (1) | 0.85 | 0.0 | 0.0 | 1.13 | 0.0 | 0.0 | 107.32 | 0.0 | 0.0 | 80.32 | 0.0 | 0.0 | 47.63 | 0.0 | 0.0 | 140.01 | 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) | 4.06 | -12.88 | 2.95 | -21.96 | 89.96 | 14.77 | 123.88 | 28.19 | 42.19 | 19.99 | 171.66 | 22.73 |
| 2022 (9) | 4.66 | 4.95 | 3.78 | -28.14 | 78.38 | -4.74 | 96.64 | 39.33 | 35.16 | -15.56 | 139.87 | 27.15 |
| 2021 (8) | 4.44 | 6.73 | 5.26 | -15.3 | 82.28 | -6.12 | 69.36 | 17.96 | 41.64 | -1.51 | 110.00 | 5.61 |
| 2020 (7) | 4.16 | 17.85 | 6.21 | 21.76 | 87.64 | -15.17 | 58.80 | -17.79 | 42.28 | -12.81 | 104.16 | -17.56 |
| 2019 (6) | 3.53 | -17.91 | 5.10 | -0.78 | 103.31 | 21.71 | 71.52 | 0.8 | 48.49 | 3.61 | 126.34 | 15.89 |
| 2018 (5) | 4.30 | -8.9 | 5.14 | -4.46 | 84.88 | 9.73 | 70.95 | 4.62 | 46.80 | -3.72 | 109.02 | 12.89 |
| 2017 (4) | 4.72 | 17.41 | 5.38 | 3.66 | 77.35 | -14.71 | 67.82 | -3.6 | 48.61 | 1.48 | 96.57 | -14.64 |
| 2016 (3) | 4.02 | -1.71 | 5.19 | -2.99 | 90.69 | 1.74 | 70.35 | 3.03 | 47.90 | 7.42 | 113.13 | 0.27 |
| 2015 (2) | 4.09 | -8.5 | 5.35 | -18.69 | 89.14 | 9.15 | 68.28 | 23.05 | 44.59 | 3.94 | 112.83 | 19.7 |
| 2014 (1) | 4.47 | -14.04 | 6.58 | -13.08 | 81.67 | 16.34 | 55.49 | 15.15 | 42.90 | 4.35 | 94.26 | 21.99 |
