- 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) | 1.33 | -3.62 | 5.56 | 0.83 | -13.54 | -13.54 | 68.37 | 3.73 | -5.15 | 109.70 | 15.9 | 15.26 | 48.37 | 54.24 | 63.74 | 129.71 | 0.39 | -5.82 |
| 23Q3 (19) | 1.38 | 0.0 | 8.66 | 0.96 | -10.28 | -6.8 | 65.91 | -0.29 | -8.32 | 94.65 | 11.67 | 7.57 | 31.36 | 63.67 | -11.49 | 129.21 | -1.9 | 3.82 |
| 23Q2 (18) | 1.38 | 4.55 | 5.34 | 1.07 | 8.08 | -10.83 | 66.10 | -3.97 | -5.15 | 84.76 | -7.65 | 12.15 | 19.16 | -6.72 | -48.08 | 131.71 | -5.96 | 21.54 |
| 23Q1 (17) | 1.32 | 4.76 | 3.94 | 0.99 | 3.13 | -29.29 | 68.83 | -4.51 | -4.16 | 91.78 | -3.57 | 41.24 | 20.54 | -30.47 | -42.32 | 140.06 | 1.7 | 38.4 |
| 22Q4 (16) | 1.26 | -0.79 | -5.97 | 0.96 | -6.8 | -43.86 | 72.08 | 0.26 | 6.52 | 95.18 | 8.17 | 78.67 | 29.54 | -16.62 | -8.26 | 137.72 | 10.65 | 55.19 |
| 22Q3 (15) | 1.27 | -3.05 | -15.89 | 1.03 | -14.17 | -49.01 | 71.89 | 3.16 | 19.0 | 87.99 | 16.42 | 95.49 | 35.43 | -3.98 | 8.65 | 124.46 | 14.85 | 70.94 |
| 22Q2 (14) | 1.31 | 3.15 | -15.48 | 1.20 | -14.29 | -45.45 | 69.69 | -2.97 | 18.66 | 75.58 | 16.31 | 82.52 | 36.90 | 3.62 | 37.53 | 108.37 | 7.08 | 47.82 |
| 22Q1 (13) | 1.27 | -5.22 | -9.93 | 1.40 | -18.13 | -27.84 | 71.82 | 6.13 | 11.06 | 64.98 | 21.98 | 38.31 | 35.61 | 10.59 | 53.96 | 101.20 | 14.04 | 14.32 |
| 21Q4 (12) | 1.34 | -11.26 | -10.07 | 1.71 | -15.35 | -7.57 | 67.67 | 12.02 | 10.68 | 53.27 | 18.35 | 8.05 | 32.20 | -1.26 | 45.64 | 88.74 | 21.88 | 0.46 |
| 21Q3 (11) | 1.51 | -2.58 | -13.71 | 2.02 | -8.18 | 7.45 | 60.41 | 2.86 | 16.24 | 45.01 | 8.69 | -7.2 | 32.61 | 21.54 | 28.84 | 72.81 | -0.68 | -3.13 |
| 21Q2 (10) | 1.55 | 9.93 | -0.64 | 2.20 | 13.4 | 58.27 | 58.73 | -9.19 | 0.39 | 41.41 | -11.86 | -36.73 | 26.83 | 16.0 | -14.28 | 73.31 | -17.18 | -20.87 |
| 21Q1 (9) | 1.41 | -5.37 | 2.17 | 1.94 | 4.86 | 79.63 | 64.67 | 5.77 | -2.02 | 46.98 | -4.71 | -44.46 | 23.13 | 4.61 | -37.99 | 88.52 | 0.22 | -21.86 |
| 20Q4 (8) | 1.49 | -14.86 | -6.29 | 1.85 | -1.6 | 55.46 | 61.14 | 17.64 | 6.68 | 49.30 | 1.65 | -35.5 | 22.11 | -12.64 | -33.36 | 88.33 | 17.52 | -12.16 |
| 20Q3 (7) | 1.75 | 12.18 | 3.55 | 1.88 | 35.25 | 69.37 | 51.97 | -11.16 | -3.74 | 48.50 | -25.9 | -41.03 | 25.31 | -19.14 | -10.53 | 75.16 | -18.88 | -30.38 |
| 20Q2 (6) | 1.56 | 13.04 | -1.27 | 1.39 | 28.7 | 59.77 | 58.50 | -11.36 | 1.7 | 65.45 | -22.63 | -37.37 | 31.30 | -16.09 | -12.62 | 92.65 | -18.21 | -26.59 |
| 20Q1 (5) | 1.38 | -13.21 | 3.76 | 1.08 | -9.24 | 44.0 | 66.00 | 15.16 | -3.27 | 84.59 | 10.68 | -30.54 | 37.30 | 12.42 | -21.09 | 113.28 | 12.65 | -20.64 |
| 19Q4 (4) | 1.59 | -5.92 | 0.0 | 1.19 | 7.21 | 0.0 | 57.31 | 6.15 | 0.0 | 76.43 | -7.08 | 0.0 | 33.18 | 17.29 | 0.0 | 100.56 | -6.85 | 0.0 |
| 19Q3 (3) | 1.69 | 6.96 | 0.0 | 1.11 | 27.59 | 0.0 | 53.99 | -6.14 | 0.0 | 82.25 | -21.3 | 0.0 | 28.29 | -21.02 | 0.0 | 107.95 | -14.47 | 0.0 |
| 19Q2 (2) | 1.58 | 18.8 | 0.0 | 0.87 | 16.0 | 0.0 | 57.52 | -15.7 | 0.0 | 104.51 | -14.18 | 0.0 | 35.82 | -24.22 | 0.0 | 126.21 | -11.58 | 0.0 |
| 19Q1 (1) | 1.33 | 0.0 | 0.0 | 0.75 | 0.0 | 0.0 | 68.23 | 0.0 | 0.0 | 121.78 | 0.0 | 0.0 | 47.27 | 0.0 | 0.0 | 142.74 | 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) | 5.36 | 0.56 | 3.61 | -26.02 | 68.04 | -0.73 | 101.10 | 35.18 | 36.15 | 44.72 | 132.99 | 12.37 |
| 2022 (9) | 5.33 | -10.87 | 4.88 | -34.14 | 68.54 | 12.23 | 74.79 | 51.89 | 24.98 | 3.61 | 118.35 | 37.3 |
| 2021 (8) | 5.98 | -3.24 | 7.41 | 22.68 | 61.07 | 3.4 | 49.24 | -18.56 | 24.11 | -17.77 | 86.20 | -4.42 |
| 2020 (7) | 6.18 | 6.74 | 6.04 | 58.53 | 59.06 | -6.25 | 60.46 | -36.96 | 29.32 | -33.32 | 90.19 | -21.53 |
| 2019 (6) | 5.79 | -10.23 | 3.81 | -9.29 | 63.00 | 11.39 | 95.91 | 10.29 | 43.97 | 11.6 | 114.94 | 10.39 |
| 2018 (5) | 6.45 | 0.78 | 4.20 | -21.35 | 56.56 | -0.82 | 86.96 | 27.12 | 39.40 | 11.58 | 104.12 | 15.52 |
| 2017 (4) | 6.40 | 6.49 | 5.34 | -6.15 | 57.03 | -6.06 | 68.41 | 6.64 | 35.31 | 2.62 | 90.13 | -0.35 |
| 2016 (3) | 6.01 | -0.83 | 5.69 | -1.04 | 60.71 | 0.81 | 64.15 | 1.02 | 34.41 | 1.21 | 90.45 | 0.81 |
| 2015 (2) | 6.06 | -3.96 | 5.75 | -9.45 | 60.22 | 4.1 | 63.50 | 10.47 | 34.00 | -4.23 | 89.72 | 12.37 |
| 2014 (1) | 6.31 | 1.94 | 6.35 | -0.31 | 57.85 | -1.92 | 57.48 | 0.38 | 35.50 | -11.95 | 79.84 | 5.15 |
