- 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) | 1.09 | 21.11 | 9.0 | 5.07 | 23.06 | -6.28 | 83.87 | -17.16 | -8.11 | 17.95 | -18.67 | 6.72 | 50.93 | -4.68 | 5.4 | 50.89 | -27.19 | -14.87 |
| 23Q3 (19) | 0.90 | -15.09 | 4.65 | 4.12 | -32.24 | -18.42 | 101.24 | 17.41 | -3.85 | 22.07 | 47.53 | 22.34 | 53.43 | 39.61 | 3.45 | 69.89 | 11.1 | -2.48 |
| 23Q2 (18) | 1.06 | 10.42 | -15.87 | 6.08 | 4.65 | 52.76 | 86.23 | -9.15 | 19.65 | 14.96 | -4.53 | -34.5 | 38.27 | -26.11 | 1.51 | 62.91 | 7.01 | 9.94 |
| 23Q1 (17) | 0.96 | -4.0 | -15.79 | 5.81 | 7.39 | 180.68 | 94.91 | 3.99 | 18.77 | 15.67 | -6.84 | -64.41 | 51.79 | 7.18 | -0.69 | 58.79 | -1.66 | -18.11 |
| 22Q4 (16) | 1.00 | 16.28 | -5.66 | 5.41 | 7.13 | 166.5 | 91.27 | -13.32 | 6.46 | 16.82 | -6.76 | -62.51 | 48.32 | -6.45 | 30.31 | 59.78 | -16.59 | -36.08 |
| 22Q3 (15) | 0.86 | -31.75 | -4.44 | 5.05 | 26.88 | 135.98 | 105.29 | 46.09 | 3.65 | 18.04 | -21.02 | -57.66 | 51.65 | 37.0 | 20.42 | 71.67 | 25.25 | -29.24 |
| 22Q2 (14) | 1.26 | 10.53 | 26.0 | 3.98 | 92.27 | 22.46 | 72.07 | -9.81 | -20.72 | 22.84 | -48.13 | -18.49 | 37.70 | -27.71 | -25.48 | 57.22 | -20.3 | -16.27 |
| 22Q1 (13) | 1.14 | 7.55 | 7.55 | 2.07 | 1.97 | -25.0 | 79.91 | -6.79 | -7.15 | 44.03 | -1.87 | 33.42 | 52.15 | 40.64 | 2.76 | 71.79 | -23.24 | 5.09 |
| 21Q4 (12) | 1.06 | 17.78 | -18.46 | 2.03 | -5.14 | -24.25 | 85.73 | -15.6 | 22.52 | 44.87 | 5.3 | 32.09 | 37.08 | -13.55 | -22.73 | 93.52 | -7.67 | 67.15 |
| 21Q3 (11) | 0.90 | -10.0 | -10.0 | 2.14 | -34.15 | 3.38 | 101.58 | 11.75 | 11.13 | 42.61 | 52.07 | -3.23 | 42.89 | -15.22 | -19.7 | 101.29 | 48.21 | 23.48 |
| 21Q2 (10) | 1.00 | -5.66 | -7.41 | 3.25 | 17.75 | 34.85 | 90.90 | 5.62 | 7.73 | 28.02 | -15.09 | -25.91 | 50.59 | -0.32 | 15.87 | 68.34 | 0.04 | -12.99 |
| 21Q1 (9) | 1.06 | -18.46 | 10.42 | 2.76 | 2.99 | 43.01 | 86.06 | 23.0 | -9.25 | 33.00 | -2.86 | -30.06 | 50.75 | 5.75 | -1.48 | 68.31 | 22.09 | -24.52 |
| 20Q4 (8) | 1.30 | 30.0 | 22.64 | 2.68 | 29.47 | 9.84 | 69.97 | -23.45 | -18.52 | 33.97 | -22.85 | -8.95 | 47.99 | -10.15 | 7.82 | 55.95 | -31.79 | -28.87 |
| 20Q3 (7) | 1.00 | -7.41 | 17.65 | 2.07 | -14.11 | 0.49 | 91.41 | 8.33 | -14.27 | 44.03 | 16.42 | -0.11 | 53.41 | 22.33 | -1.95 | 82.03 | 4.44 | -14.77 |
| 20Q2 (6) | 1.08 | 12.5 | 56.52 | 2.41 | 24.87 | 27.51 | 84.38 | -11.02 | -36.21 | 37.82 | -19.84 | -21.29 | 43.66 | -15.24 | -43.55 | 78.54 | -13.22 | -23.74 |
| 20Q1 (5) | 0.96 | -9.43 | -11.11 | 1.93 | -20.9 | -52.46 | 94.83 | 10.43 | 12.33 | 47.18 | 26.45 | 110.72 | 51.51 | 15.73 | -1.11 | 90.50 | 15.05 | 65.36 |
| 19Q4 (4) | 1.06 | 24.71 | 0.0 | 2.44 | 18.45 | 0.0 | 85.87 | -19.47 | 0.0 | 37.31 | -15.36 | 0.0 | 44.51 | -18.29 | 0.0 | 78.66 | -18.27 | 0.0 |
| 19Q3 (3) | 0.85 | 23.19 | 0.0 | 2.06 | 8.99 | 0.0 | 106.63 | -19.39 | 0.0 | 44.08 | -8.26 | 0.0 | 54.47 | -29.57 | 0.0 | 96.24 | -6.55 | 0.0 |
| 19Q2 (2) | 0.69 | -36.11 | 0.0 | 1.89 | -53.45 | 0.0 | 132.28 | 56.69 | 0.0 | 48.05 | 114.6 | 0.0 | 77.34 | 48.47 | 0.0 | 102.99 | 88.18 | 0.0 |
| 19Q1 (1) | 1.08 | 0.0 | 0.0 | 4.06 | 0.0 | 0.0 | 84.42 | 0.0 | 0.0 | 22.39 | 0.0 | 0.0 | 52.09 | 0.0 | 0.0 | 54.73 | 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) | 4.59 | -5.17 | 20.59 | 60.48 | 79.54 | 5.41 | 17.72 | -37.69 | 54.91 | -1.68 | 42.36 | -11.84 |
| 2022 (9) | 4.84 | -24.02 | 12.83 | -6.49 | 75.46 | 31.78 | 28.44 | 6.96 | 55.85 | 38.48 | 48.05 | 10.38 |
| 2021 (8) | 6.37 | 70.32 | 13.72 | 59.16 | 57.26 | -41.28 | 26.59 | -37.21 | 40.33 | -31.75 | 43.53 | -46.1 |
| 2020 (7) | 3.74 | -18.87 | 8.62 | -40.72 | 97.51 | 23.2 | 42.35 | 68.73 | 59.09 | 37.71 | 80.76 | 31.68 |
| 2019 (6) | 4.61 | 10.29 | 14.54 | -13.14 | 79.15 | -9.33 | 25.10 | 15.14 | 42.91 | -21.57 | 61.33 | 12.76 |
| 2018 (5) | 4.18 | 2.96 | 16.74 | 22.19 | 87.29 | -2.87 | 21.80 | -18.17 | 54.71 | -10.4 | 54.39 | -1.89 |
| 2017 (4) | 4.06 | 2.78 | 13.70 | -20.63 | 89.87 | -2.79 | 26.64 | 25.96 | 61.06 | 16.19 | 55.44 | -9.2 |
| 2016 (3) | 3.95 | -16.67 | 17.26 | 13.63 | 92.45 | 20.11 | 21.15 | -12.02 | 52.55 | 15.67 | 61.06 | 9.86 |
| 2015 (2) | 4.74 | 3.04 | 15.19 | 68.4 | 76.97 | -3.0 | 24.04 | -40.6 | 45.43 | -21.63 | 55.58 | -10.14 |
| 2014 (1) | 4.60 | 6.73 | 9.02 | 13.46 | 79.35 | -6.26 | 40.47 | -11.87 | 57.97 | -22.55 | 61.85 | 11.02 |
