- 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) | 1.19 | -17.36 | 26.6 | 1.58 | -9.71 | -10.23 | 76.41 | 20.65 | -20.8 | 57.57 | 10.97 | 11.31 | 81.47 | 26.23 | 34.88 | 52.52 | 3.65 | -40.18 |
| 23Q3 (19) | 1.44 | 10.77 | 20.0 | 1.75 | 11.46 | 8.02 | 63.33 | -9.88 | -16.58 | 51.88 | -10.29 | -7.74 | 64.54 | 7.66 | 25.1 | 50.67 | -25.65 | -37.09 |
| 23Q2 (18) | 1.30 | 26.21 | 6.56 | 1.57 | 24.6 | 19.85 | 70.27 | -20.61 | -5.63 | 57.83 | -19.93 | -16.58 | 59.95 | -27.23 | -8.75 | 68.15 | -13.02 | -12.72 |
| 23Q1 (17) | 1.03 | 9.57 | -17.6 | 1.26 | -28.41 | 1.61 | 88.51 | -8.26 | 21.5 | 72.22 | 39.64 | -1.91 | 82.38 | 36.39 | 2.64 | 78.35 | -10.76 | 18.32 |
| 22Q4 (16) | 0.94 | -21.67 | -25.4 | 1.76 | 8.64 | 24.82 | 96.48 | 27.08 | 33.94 | 51.72 | -8.02 | -19.81 | 60.40 | 17.08 | -11.77 | 87.80 | 9.0 | 28.98 |
| 22Q3 (15) | 1.20 | -1.64 | 2.56 | 1.62 | 23.66 | 52.83 | 75.92 | 1.96 | -2.79 | 56.23 | -18.88 | -34.64 | 51.59 | -21.48 | -43.79 | 80.55 | 3.16 | 11.33 |
| 22Q2 (14) | 1.22 | -2.4 | -7.58 | 1.31 | 5.65 | -2.96 | 74.46 | 2.21 | 7.91 | 69.32 | -5.85 | 2.67 | 65.70 | -18.14 | -24.18 | 78.08 | 17.91 | 56.54 |
| 22Q1 (13) | 1.25 | -0.79 | -13.19 | 1.24 | -12.06 | -23.93 | 72.85 | 1.14 | 15.0 | 73.63 | 14.16 | 31.67 | 80.26 | 17.24 | 3.04 | 66.22 | -2.72 | 60.03 |
| 21Q4 (12) | 1.26 | 7.69 | -13.7 | 1.41 | 33.02 | -24.19 | 72.03 | -7.77 | 15.4 | 64.50 | -25.03 | 31.98 | 68.46 | -25.41 | 11.34 | 68.07 | -5.92 | 36.66 |
| 21Q3 (11) | 1.17 | -11.36 | -15.22 | 1.06 | -21.48 | -25.35 | 78.10 | 13.19 | 18.07 | 86.03 | 27.41 | 34.04 | 91.78 | 5.92 | 28.94 | 72.35 | 45.05 | 22.32 |
| 21Q2 (10) | 1.32 | -8.33 | 16.81 | 1.35 | -17.18 | 20.54 | 69.00 | 8.92 | -14.28 | 67.52 | 20.74 | -16.88 | 86.65 | 11.25 | -2.84 | 49.88 | 20.54 | -31.25 |
| 21Q1 (9) | 1.44 | -1.37 | 25.22 | 1.63 | -12.37 | 9.4 | 63.35 | 1.49 | -20.14 | 55.92 | 14.43 | -8.6 | 77.89 | 26.67 | -3.11 | 41.38 | -16.92 | -31.16 |
| 20Q4 (8) | 1.46 | 5.8 | 6.57 | 1.86 | 30.99 | 5.08 | 62.42 | -5.64 | -5.95 | 48.87 | -23.85 | -5.2 | 61.49 | -13.61 | -19.93 | 49.81 | -15.79 | 21.1 |
| 20Q3 (7) | 1.38 | 22.12 | 21.05 | 1.42 | 26.79 | -10.69 | 66.15 | -17.82 | -16.99 | 64.18 | -20.99 | 12.22 | 71.18 | -20.18 | -22.25 | 59.15 | -18.47 | 30.46 |
| 20Q2 (6) | 1.13 | -1.74 | -9.6 | 1.12 | -24.83 | -35.63 | 80.49 | 1.46 | 10.21 | 81.23 | 32.77 | 55.43 | 89.18 | 10.93 | -2.7 | 72.55 | 20.7 | 115.67 |
| 20Q1 (5) | 1.15 | -16.06 | -3.36 | 1.49 | -15.82 | -23.59 | 79.33 | 19.53 | 3.35 | 61.18 | 18.68 | 31.01 | 80.39 | 4.67 | -4.6 | 60.11 | 46.15 | 53.38 |
| 19Q4 (4) | 1.37 | 20.18 | 0.0 | 1.77 | 11.32 | 0.0 | 66.37 | -16.71 | 0.0 | 51.55 | -9.86 | 0.0 | 76.80 | -16.11 | 0.0 | 41.13 | -9.29 | 0.0 |
| 19Q3 (3) | 1.14 | -8.8 | 0.0 | 1.59 | -8.62 | 0.0 | 79.69 | 9.12 | 0.0 | 57.19 | 9.43 | 0.0 | 91.55 | -0.11 | 0.0 | 45.34 | 34.78 | 0.0 |
| 19Q2 (2) | 1.25 | 5.04 | 0.0 | 1.74 | -10.77 | 0.0 | 73.03 | -4.86 | 0.0 | 52.26 | 11.91 | 0.0 | 91.65 | 8.76 | 0.0 | 33.64 | -14.16 | 0.0 |
| 19Q1 (1) | 1.19 | 0.0 | 0.0 | 1.95 | 0.0 | 0.0 | 76.76 | 0.0 | 0.0 | 46.70 | 0.0 | 0.0 | 84.27 | 0.0 | 0.0 | 39.19 | 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) | 4.38 | -4.16 | 6.11 | 16.6 | 83.38 | 4.43 | 59.70 | -14.22 | 80.90 | -2.99 | 62.18 | -5.86 |
| 2022 (9) | 4.57 | -16.3 | 5.24 | -11.04 | 79.84 | 19.47 | 69.60 | 12.37 | 83.39 | 10.41 | 66.05 | 24.06 |
| 2021 (8) | 5.46 | 18.18 | 5.89 | -14.51 | 66.83 | -15.41 | 61.94 | 16.85 | 75.53 | -0.57 | 53.24 | -5.01 |
| 2020 (7) | 4.62 | -3.35 | 6.89 | -8.62 | 79.00 | 3.42 | 53.01 | 9.55 | 75.96 | -5.85 | 56.05 | 27.1 |
| 2019 (6) | 4.78 | 33.89 | 7.54 | 3.71 | 76.39 | -25.26 | 48.39 | -3.68 | 80.68 | -24.22 | 44.10 | -4.07 |
| 2018 (5) | 3.57 | 2.0 | 7.27 | -28.09 | 102.21 | -1.99 | 50.24 | 39.13 | 106.47 | 6.18 | 45.97 | 14.55 |
| 2017 (4) | 3.50 | 83.25 | 10.11 | 42.6 | 104.29 | -45.55 | 36.11 | -29.9 | 100.27 | -65.49 | 40.13 | 0 |
| 2016 (3) | 1.91 | -38.78 | 7.09 | -24.33 | 191.52 | 63.65 | 51.51 | 32.25 | 290.54 | 33.04 | -47.51 | 0 |
| 2015 (2) | 3.12 | -2.8 | 9.37 | 33.67 | 117.03 | 2.82 | 38.95 | -25.18 | 218.38 | 2.04 | -62.40 | 0 |
| 2014 (1) | 3.21 | -18.94 | 7.01 | -7.15 | 113.82 | 23.54 | 52.06 | 7.72 | 214.01 | 34.78 | -48.12 | 0 |
