- 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) | 1.52 | 6.29 | 20.63 | 1.66 | -7.26 | 53.7 | 59.71 | -6.01 | -17.06 | 54.74 | 7.8 | -35.03 | 22.62 | 19.56 | 82.86 | 91.82 | -3.75 | -36.19 |
| 23Q3 (19) | 1.43 | 3.62 | 25.44 | 1.79 | 11.18 | 105.75 | 63.53 | -3.48 | -20.65 | 50.78 | -10.43 | -51.73 | 18.92 | 14.67 | 39.94 | 95.40 | -10.01 | -44.45 |
| 23Q2 (18) | 1.38 | 15.97 | 10.4 | 1.61 | 30.89 | 106.41 | 65.82 | -13.93 | -9.65 | 56.69 | -23.07 | -51.38 | 16.50 | 11.94 | 4.9 | 106.01 | -21.72 | -38.98 |
| 23Q1 (17) | 1.19 | -5.56 | 29.35 | 1.23 | 13.89 | 39.77 | 76.47 | 6.22 | -22.37 | 73.69 | -12.54 | -28.76 | 14.74 | 19.16 | 15.52 | 135.42 | -5.89 | -28.42 |
| 22Q4 (16) | 1.26 | 10.53 | 55.56 | 1.08 | 24.14 | 27.06 | 71.99 | -10.08 | -36.23 | 84.26 | -19.9 | -21.09 | 12.37 | -8.51 | -40.13 | 143.89 | -16.22 | -27.7 |
| 22Q3 (15) | 1.14 | -8.8 | 2.7 | 0.87 | 11.54 | -8.42 | 80.06 | 9.9 | -2.69 | 105.20 | -9.78 | 9.63 | 13.52 | -14.05 | -52.74 | 171.74 | -1.15 | 14.79 |
| 22Q2 (14) | 1.25 | 35.87 | -19.87 | 0.78 | -11.36 | -36.59 | 72.85 | -26.05 | 25.13 | 116.61 | 12.73 | 58.12 | 15.73 | 23.28 | -49.81 | 173.73 | -8.17 | 72.64 |
| 22Q1 (13) | 0.92 | 13.58 | -47.73 | 0.88 | 3.53 | -37.59 | 98.51 | -12.74 | 90.95 | 103.44 | -3.13 | 59.85 | 12.76 | -38.24 | -65.91 | 189.18 | -4.94 | 139.86 |
| 21Q4 (12) | 0.81 | -27.03 | -49.06 | 0.85 | -10.53 | -49.1 | 112.89 | 37.22 | 96.67 | 106.78 | 11.28 | 95.5 | 20.66 | -27.79 | -40.36 | 199.01 | 33.02 | 157.19 |
| 21Q3 (11) | 1.11 | -28.85 | -9.76 | 0.95 | -22.76 | -48.09 | 82.27 | 41.31 | 11.4 | 95.96 | 30.12 | 92.65 | 28.61 | -8.71 | -1.48 | 149.61 | 48.67 | 58.12 |
| 21Q2 (10) | 1.56 | -11.36 | 33.33 | 1.23 | -12.77 | -29.71 | 58.22 | 12.85 | -25.42 | 73.75 | 13.97 | 41.91 | 31.34 | -16.27 | 19.03 | 100.63 | 27.59 | -2.96 |
| 21Q1 (9) | 1.76 | 10.69 | 23.94 | 1.41 | -15.57 | -17.06 | 51.59 | -10.12 | -19.48 | 64.71 | 18.47 | 21.09 | 37.43 | 8.05 | 55.12 | 78.87 | 1.93 | -15.54 |
| 20Q4 (8) | 1.59 | 29.27 | -4.22 | 1.67 | -8.74 | 16.78 | 57.40 | -22.27 | 4.63 | 54.62 | 9.66 | -14.43 | 34.64 | 19.28 | 30.91 | 77.38 | -18.22 | -16.1 |
| 20Q3 (7) | 1.23 | 5.13 | -18.54 | 1.83 | 4.57 | 35.56 | 73.85 | -5.39 | 22.51 | 49.81 | -4.16 | -26.17 | 29.04 | 10.29 | 8.08 | 94.62 | -8.76 | -6.2 |
| 20Q2 (6) | 1.17 | -17.61 | -24.03 | 1.75 | 2.94 | 25.0 | 78.06 | 21.84 | 32.19 | 51.97 | -2.75 | -19.77 | 26.33 | 9.12 | 14.63 | 103.70 | 11.05 | 2.82 |
| 20Q1 (5) | 1.42 | -14.46 | -0.7 | 1.70 | 18.88 | 28.79 | 64.07 | 16.79 | 0.53 | 53.44 | -16.28 | -22.72 | 24.13 | -8.81 | 4.78 | 93.38 | 1.25 | -14.99 |
| 19Q4 (4) | 1.66 | 9.93 | 0.0 | 1.43 | 5.93 | 0.0 | 54.86 | -8.99 | 0.0 | 63.83 | -5.39 | 0.0 | 26.46 | -1.53 | 0.0 | 92.23 | -8.57 | 0.0 |
| 19Q3 (3) | 1.51 | -1.95 | 0.0 | 1.35 | -3.57 | 0.0 | 60.28 | 2.08 | 0.0 | 67.47 | 4.15 | 0.0 | 26.87 | 16.98 | 0.0 | 100.87 | 0.01 | 0.0 |
| 19Q2 (2) | 1.54 | 7.69 | 0.0 | 1.40 | 6.06 | 0.0 | 59.05 | -7.34 | 0.0 | 64.78 | -6.32 | 0.0 | 22.97 | -0.26 | 0.0 | 100.86 | -8.18 | 0.0 |
| 19Q1 (1) | 1.43 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 63.73 | 0.0 | 0.0 | 69.15 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | 109.85 | 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) | 5.50 | 57.59 | 5.59 | 51.08 | 66.41 | -36.42 | 65.24 | -33.93 | 17.90 | 45.53 | 113.74 | -40.42 |
| 2022 (9) | 3.49 | -42.69 | 3.70 | -24.8 | 104.45 | 74.2 | 98.75 | 33.1 | 12.30 | -43.32 | 190.90 | 69.76 |
| 2021 (8) | 6.09 | -10.96 | 4.92 | -20.39 | 59.96 | 12.31 | 74.19 | 25.51 | 21.70 | -33.96 | 112.45 | 41.2 |
| 2020 (7) | 6.84 | 17.53 | 6.18 | 10.95 | 53.39 | -14.85 | 59.11 | -9.87 | 32.86 | 29.12 | 79.64 | -22.56 |
| 2019 (6) | 5.82 | 7.98 | 5.57 | -2.11 | 62.70 | -7.44 | 65.58 | 2.23 | 25.45 | 6.93 | 102.84 | -4.86 |
| 2018 (5) | 5.39 | -4.43 | 5.69 | -14.05 | 67.74 | 4.68 | 64.15 | 16.34 | 23.80 | -3.17 | 108.09 | 13.44 |
| 2017 (4) | 5.64 | 2.55 | 6.62 | -2.36 | 64.71 | -2.47 | 55.14 | 2.36 | 24.58 | 3.19 | 95.28 | -1.16 |
| 2016 (3) | 5.50 | -4.51 | 6.78 | -7.76 | 66.35 | 4.69 | 53.87 | 8.54 | 23.82 | 7.69 | 96.40 | 6.06 |
| 2015 (2) | 5.76 | 18.28 | 7.35 | -2.39 | 63.38 | -15.38 | 49.63 | 2.39 | 22.12 | -5.91 | 90.89 | -8.98 |
| 2014 (1) | 4.87 | -5.98 | 7.53 | -2.08 | 74.90 | 6.32 | 48.47 | 2.06 | 23.51 | 8.29 | 99.86 | 3.77 |
