- 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) | 1.17 | 42.68 | 37.65 | 0.41 | 36.67 | 13.89 | 77.87 | -29.44 | -27.53 | 221.86 | -25.85 | -12.09 | 79.07 | -14.98 | -28.6 | 220.66 | -30.3 | -11.4 |
| 23Q3 (19) | 0.82 | 20.59 | 2.5 | 0.30 | 7.14 | -23.08 | 110.36 | -17.23 | -2.4 | 299.21 | -8.5 | 28.89 | 93.00 | -19.79 | -27.06 | 316.57 | -8.07 | 45.4 |
| 23Q2 (18) | 0.68 | -12.82 | -29.9 | 0.28 | -9.68 | -41.67 | 133.33 | 14.76 | 42.6 | 326.99 | 12.27 | 74.21 | 115.95 | 9.58 | 11.26 | 344.37 | 14.17 | 94.59 |
| 23Q1 (17) | 0.78 | -8.24 | -37.6 | 0.31 | -13.89 | -34.04 | 116.18 | 8.12 | 59.96 | 291.26 | 15.41 | 49.95 | 105.81 | -4.46 | 1.09 | 301.64 | 21.12 | 85.97 |
| 22Q4 (16) | 0.85 | 6.25 | 23.19 | 0.36 | -7.69 | 2.86 | 107.45 | -4.97 | -18.41 | 252.36 | 8.71 | -3.39 | 110.75 | -13.14 | -33.65 | 249.05 | 14.39 | 10.21 |
| 22Q3 (15) | 0.80 | -17.53 | 40.35 | 0.39 | -18.75 | -9.3 | 113.07 | 20.93 | -29.74 | 232.14 | 23.68 | 8.58 | 127.50 | 22.34 | -25.54 | 217.72 | 23.03 | 6.99 |
| 22Q2 (14) | 0.97 | -22.4 | 44.78 | 0.48 | 2.13 | -20.0 | 93.50 | 28.73 | -30.84 | 187.70 | -3.37 | 23.94 | 104.22 | -0.43 | -17.76 | 176.97 | 9.11 | 10.67 |
| 22Q1 (13) | 1.25 | 81.16 | 89.39 | 0.47 | 34.29 | -24.19 | 72.63 | -44.85 | -47.45 | 194.24 | -25.64 | 32.01 | 104.67 | -37.3 | 5.58 | 162.20 | -28.22 | -12.89 |
| 21Q4 (12) | 0.69 | 21.05 | 60.47 | 0.35 | -18.6 | -22.22 | 131.70 | -18.16 | -37.16 | 261.21 | 22.18 | 30.18 | 166.93 | -2.52 | 32.44 | 225.98 | 11.05 | -20.48 |
| 21Q3 (11) | 0.57 | -14.93 | 1.79 | 0.43 | -28.33 | -29.51 | 160.93 | 19.04 | -1.18 | 213.79 | 41.17 | 44.38 | 171.24 | 35.13 | 46.84 | 203.49 | 27.25 | 4.72 |
| 21Q2 (10) | 0.67 | 1.52 | 3.08 | 0.60 | -3.23 | -14.29 | 135.19 | -2.19 | -4.02 | 151.44 | 2.92 | 16.93 | 126.72 | 27.82 | 14.45 | 159.91 | -14.12 | 0.17 |
| 21Q1 (9) | 0.66 | 53.49 | 17.86 | 0.62 | 37.78 | -1.59 | 138.21 | -34.05 | -14.34 | 147.14 | -26.67 | 2.42 | 99.14 | -21.34 | -8.62 | 186.21 | -34.48 | -5.25 |
| 20Q4 (8) | 0.43 | -23.21 | -24.56 | 0.45 | -26.23 | -29.69 | 209.57 | 28.69 | 30.44 | 200.66 | 35.52 | 41.7 | 126.04 | 8.08 | 34.44 | 284.19 | 46.26 | 36.28 |
| 20Q3 (7) | 0.56 | -13.85 | 14.29 | 0.61 | -12.86 | 12.96 | 162.85 | 15.62 | -12.87 | 148.07 | 14.33 | -11.93 | 116.62 | 5.33 | 6.45 | 194.31 | 21.72 | -20.84 |
| 20Q2 (6) | 0.65 | 16.07 | 10.17 | 0.70 | 11.11 | 12.9 | 140.85 | -12.71 | -8.94 | 129.51 | -9.85 | -11.86 | 110.72 | 2.06 | 33.17 | 159.64 | -18.77 | -26.93 |
| 20Q1 (5) | 0.56 | -1.75 | 16.67 | 0.63 | -1.56 | 40.0 | 161.35 | 0.42 | -15.27 | 143.66 | 1.45 | -28.96 | 108.49 | 15.72 | 12.37 | 196.53 | -5.75 | -33.62 |
| 19Q4 (4) | 0.57 | 16.33 | 0.0 | 0.64 | 18.52 | 0.0 | 160.67 | -14.03 | 0.0 | 141.61 | -15.77 | 0.0 | 93.75 | -14.42 | 0.0 | 208.53 | -15.05 | 0.0 |
| 19Q3 (3) | 0.49 | -16.95 | 0.0 | 0.54 | -12.9 | 0.0 | 186.90 | 20.83 | 0.0 | 168.12 | 14.41 | 0.0 | 109.55 | 31.77 | 0.0 | 245.47 | 12.35 | 0.0 |
| 19Q2 (2) | 0.59 | 22.92 | 0.0 | 0.62 | 37.78 | 0.0 | 154.68 | -18.77 | 0.0 | 146.94 | -27.33 | 0.0 | 83.14 | -13.89 | 0.0 | 218.48 | -26.21 | 0.0 |
| 19Q1 (1) | 0.48 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | 190.43 | 0.0 | 0.0 | 202.21 | 0.0 | 0.0 | 96.55 | 0.0 | 0.0 | 296.09 | 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) | 3.32 | -27.03 | 1.32 | -25.84 | 109.97 | 37.22 | 275.82 | 34.56 | 103.89 | 12.52 | 281.90 | 46.22 |
| 2022 (9) | 4.55 | 33.04 | 1.78 | -6.81 | 80.14 | -24.98 | 204.98 | 7.17 | 92.33 | -11.23 | 192.79 | -0.66 |
| 2021 (8) | 3.42 | 34.12 | 1.91 | -28.46 | 106.82 | -25.3 | 191.26 | 40.01 | 104.01 | 28.23 | 194.07 | -2.23 |
| 2020 (7) | 2.55 | 18.6 | 2.67 | 16.09 | 143.00 | -15.88 | 136.60 | -14.0 | 81.11 | -5.28 | 198.49 | -18.39 |
| 2019 (6) | 2.15 | -16.02 | 2.30 | -12.88 | 170.00 | 19.41 | 158.84 | 14.84 | 85.63 | 5.89 | 243.21 | 21.71 |
| 2018 (5) | 2.56 | 4.07 | 2.64 | 5.6 | 142.37 | -4.24 | 138.32 | -5.25 | 80.87 | -16.04 | 199.82 | 0.75 |
| 2017 (4) | 2.46 | 8.85 | 2.50 | 1.63 | 148.67 | -7.92 | 145.98 | -1.75 | 96.32 | 9.85 | 198.34 | -10.8 |
| 2016 (3) | 2.26 | -36.34 | 2.46 | -25.9 | 161.46 | 57.09 | 148.58 | 35.34 | 87.68 | 30.83 | 222.36 | 52.78 |
| 2015 (2) | 3.55 | -33.52 | 3.32 | -31.55 | 102.78 | 50.37 | 109.78 | 45.89 | 67.02 | 24.0 | 145.54 | 62.52 |
| 2014 (1) | 5.34 | 70.06 | 4.85 | 62.75 | 68.35 | -41.29 | 75.25 | -38.54 | 54.05 | -45.42 | 89.55 | -35.96 |
