- 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) | 0.95 | -18.8 | 5.56 | 2.44 | -5.79 | 60.53 | 96.08 | 23.51 | -5.25 | 37.31 | 6.15 | -37.55 | 97.44 | 15.38 | -13.35 | 35.95 | 26.23 | -26.15 |
| 23Q3 (19) | 1.17 | 13.59 | 0.86 | 2.59 | 30.81 | 13.6 | 77.79 | -11.73 | -0.66 | 35.15 | -23.7 | -12.13 | 84.45 | -16.05 | 2.38 | 28.48 | -15.26 | -20.49 |
| 23Q2 (18) | 1.03 | -15.57 | -1.9 | 1.98 | -4.35 | 11.24 | 88.13 | 17.88 | 1.8 | 46.07 | 4.61 | -9.84 | 100.59 | 17.29 | -5.33 | 33.61 | 1.69 | 6.97 |
| 23Q1 (17) | 1.22 | 35.56 | 14.02 | 2.07 | 36.18 | 14.36 | 74.76 | -26.27 | -11.75 | 44.04 | -26.28 | -12.38 | 85.76 | -23.73 | -14.03 | 33.05 | -32.11 | -6.13 |
| 22Q4 (16) | 0.90 | -22.41 | -9.09 | 1.52 | -33.33 | -6.75 | 101.40 | 29.49 | 10.54 | 59.74 | 49.35 | 6.85 | 112.45 | 36.32 | 9.16 | 48.68 | 35.9 | 9.07 |
| 22Q3 (15) | 1.16 | 10.48 | -22.15 | 2.28 | 28.09 | -10.24 | 78.31 | -9.54 | 28.21 | 40.00 | -21.72 | 11.76 | 82.49 | -22.36 | 29.99 | 35.82 | 14.0 | 7.21 |
| 22Q2 (14) | 1.05 | -1.87 | -2.78 | 1.78 | -1.66 | -7.29 | 86.57 | 2.2 | 2.58 | 51.10 | 1.67 | 7.78 | 106.25 | 6.51 | 17.02 | 31.42 | -10.76 | -23.35 |
| 22Q1 (13) | 1.07 | 8.08 | -15.08 | 1.81 | 11.04 | -20.96 | 84.71 | -7.65 | 17.15 | 50.26 | -10.11 | 26.57 | 99.76 | -3.16 | 25.11 | 35.21 | -21.11 | 9.08 |
| 21Q4 (12) | 0.99 | -33.56 | -7.48 | 1.63 | -35.83 | -11.41 | 91.73 | 50.18 | 7.54 | 55.91 | 56.22 | 13.09 | 103.01 | 62.32 | 11.6 | 44.63 | 33.58 | 5.16 |
| 21Q3 (11) | 1.49 | 37.96 | 26.27 | 2.54 | 32.29 | 5.83 | 61.08 | -27.62 | -20.51 | 35.79 | -24.51 | -5.74 | 63.46 | -30.11 | -17.76 | 33.41 | -18.49 | -11.26 |
| 21Q2 (10) | 1.08 | -14.29 | -12.2 | 1.92 | -16.16 | -14.29 | 84.39 | 16.71 | 14.43 | 47.41 | 19.39 | 16.46 | 90.80 | 13.87 | 18.24 | 40.99 | 26.98 | 8.84 |
| 21Q1 (9) | 1.26 | 17.76 | 2.44 | 2.29 | 24.46 | 22.46 | 72.31 | -15.23 | -2.63 | 39.71 | -19.68 | -18.26 | 79.74 | -13.61 | 1.7 | 32.28 | -23.94 | -27.35 |
| 20Q4 (8) | 1.07 | -9.32 | -8.55 | 1.84 | -23.33 | -12.38 | 85.30 | 11.01 | 9.53 | 49.44 | 30.21 | 14.15 | 92.30 | 19.62 | 17.25 | 42.44 | 12.72 | -0.07 |
| 20Q3 (7) | 1.18 | -4.07 | -2.48 | 2.40 | 7.14 | -7.34 | 76.84 | 4.19 | 2.4 | 37.97 | -6.73 | 8.27 | 77.16 | 0.48 | 14.43 | 37.65 | -0.03 | -11.79 |
| 20Q2 (6) | 1.23 | 0.0 | 14.95 | 2.24 | 19.79 | 8.74 | 73.75 | -0.69 | -13.3 | 40.71 | -16.2 | -7.73 | 76.79 | -2.07 | 0.59 | 37.66 | -15.24 | -28.74 |
| 20Q1 (5) | 1.23 | 5.13 | 12.84 | 1.87 | -10.95 | -13.43 | 74.26 | -4.65 | -10.67 | 48.58 | 12.17 | 15.06 | 78.41 | -0.39 | 2.97 | 44.43 | 4.62 | -9.7 |
| 19Q4 (4) | 1.17 | -3.31 | 0.0 | 2.10 | -18.92 | 0.0 | 77.88 | 3.78 | 0.0 | 43.31 | 23.5 | 0.0 | 78.72 | 16.74 | 0.0 | 42.47 | -0.49 | 0.0 |
| 19Q3 (3) | 1.21 | 13.08 | 0.0 | 2.59 | 25.73 | 0.0 | 75.04 | -11.78 | 0.0 | 35.07 | -20.51 | 0.0 | 67.43 | -11.67 | 0.0 | 42.68 | -19.24 | 0.0 |
| 19Q2 (2) | 1.07 | -1.83 | 0.0 | 2.06 | -4.63 | 0.0 | 85.06 | 2.32 | 0.0 | 44.12 | 4.5 | 0.0 | 76.34 | 0.25 | 0.0 | 52.85 | 7.42 | 0.0 |
| 19Q1 (1) | 1.09 | 0.0 | 0.0 | 2.16 | 0.0 | 0.0 | 83.13 | 0.0 | 0.0 | 42.22 | 0.0 | 0.0 | 76.15 | 0.0 | 0.0 | 49.20 | 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) | 4.51 | 2.27 | 7.59 | 21.83 | 80.92 | -2.31 | 48.07 | -17.9 | 94.18 | -8.49 | 34.81 | -9.49 |
| 2022 (9) | 4.41 | -14.04 | 6.23 | -22.32 | 82.83 | 16.32 | 58.55 | 28.6 | 102.92 | 24.33 | 38.46 | 13.25 |
| 2021 (8) | 5.13 | 8.92 | 8.02 | 16.91 | 71.21 | -8.08 | 45.53 | -14.42 | 82.78 | -6.87 | 33.96 | -18.7 |
| 2020 (7) | 4.71 | 3.74 | 6.86 | -3.24 | 77.47 | -3.55 | 53.20 | 3.36 | 88.89 | 5.93 | 41.77 | -12.76 |
| 2019 (6) | 4.54 | 21.07 | 7.09 | -14.89 | 80.32 | -17.4 | 51.47 | 17.46 | 83.91 | -5.57 | 47.88 | -8.28 |
| 2018 (5) | 3.75 | 3.88 | 8.33 | -27.57 | 97.24 | -3.85 | 43.82 | 38.1 | 88.86 | 9.34 | 52.20 | 1.2 |
| 2017 (4) | 3.61 | -5.99 | 11.50 | -7.41 | 101.13 | 6.34 | 31.73 | 7.96 | 81.27 | 10.68 | 51.58 | 1.02 |
| 2016 (3) | 3.84 | 7.87 | 12.42 | 24.2 | 95.10 | -7.19 | 29.39 | -19.48 | 73.43 | -8.43 | 51.06 | -13.13 |
| 2015 (2) | 3.56 | 2.01 | 10.00 | 9.65 | 102.47 | -2.01 | 36.50 | -8.84 | 80.19 | 3.99 | 58.78 | -12.92 |
| 2014 (1) | 3.49 | -6.93 | 9.12 | -4.3 | 104.57 | 7.49 | 40.04 | 4.57 | 77.11 | -3.26 | 67.50 | 20.84 |
