- 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) | 2.25 | -12.11 | -8.54 | 3.11 | -0.96 | -11.65 | 40.38 | 13.43 | 9.02 | 29.22 | 0.83 | 13.12 | 64.44 | 14.89 | 16.93 | 5.16 | -39.22 | -33.51 |
| 23Q3 (19) | 2.56 | -0.39 | -9.86 | 3.14 | -0.63 | -10.29 | 35.60 | 0.37 | 11.08 | 28.98 | 0.69 | 11.29 | 56.09 | 25.01 | 39.35 | 8.49 | -56.21 | -52.41 |
| 23Q2 (18) | 2.57 | 8.9 | -20.68 | 3.16 | -5.67 | -7.06 | 35.47 | -7.87 | 26.32 | 28.78 | 5.96 | 7.63 | 44.87 | -23.88 | 6.58 | 19.39 | 188.97 | 52.44 |
| 23Q1 (17) | 2.36 | -4.07 | -17.48 | 3.35 | -4.83 | -11.14 | 38.50 | 3.94 | 21.03 | 27.16 | 5.15 | 12.42 | 58.95 | 6.97 | 10.29 | 6.71 | -13.53 | 166.27 |
| 22Q4 (16) | 2.46 | -13.38 | -6.46 | 3.52 | 0.57 | 2.33 | 37.04 | 15.57 | 7.05 | 25.83 | -0.81 | -2.45 | 55.11 | 36.92 | 12.63 | 7.76 | -56.5 | -36.08 |
| 22Q3 (15) | 2.84 | -12.35 | 4.8 | 3.50 | 2.94 | 21.53 | 32.05 | 14.14 | -4.39 | 26.04 | -2.62 | -17.49 | 40.25 | -4.39 | 2.52 | 17.84 | 40.25 | -30.93 |
| 22Q2 (14) | 3.24 | 13.29 | 9.83 | 3.40 | -9.81 | 4.62 | 28.08 | -11.73 | -8.89 | 26.74 | 10.68 | -4.4 | 42.10 | -21.23 | 8.79 | 12.72 | 404.76 | -36.68 |
| 22Q1 (13) | 2.86 | 8.75 | 10.0 | 3.77 | 9.59 | 8.96 | 31.81 | -8.06 | -9.22 | 24.16 | -8.76 | -8.17 | 53.45 | 9.24 | 28.73 | 2.52 | -79.24 | -87.29 |
| 21Q4 (12) | 2.63 | -2.95 | -2.59 | 3.44 | 19.44 | 0.88 | 34.60 | 3.22 | 2.76 | 26.48 | -16.1 | -0.64 | 48.93 | 24.63 | 26.86 | 12.14 | -53.0 | -44.18 |
| 21Q3 (11) | 2.71 | -8.14 | -4.91 | 2.88 | -11.38 | -3.36 | 33.52 | 8.76 | 4.82 | 31.56 | 12.84 | 3.17 | 39.26 | 1.45 | 3.81 | 25.83 | 28.57 | 4.41 |
| 21Q2 (10) | 2.95 | 13.46 | 19.43 | 3.25 | -6.07 | -1.81 | 30.82 | -12.04 | -16.32 | 27.97 | 6.31 | 1.71 | 38.70 | -6.79 | -4.21 | 20.09 | 1.31 | -16.01 |
| 21Q1 (9) | 2.60 | -3.7 | -8.77 | 3.46 | 1.47 | -18.78 | 35.04 | 4.07 | 9.91 | 26.31 | -1.28 | 23.29 | 41.52 | 7.65 | 9.35 | 19.83 | -8.83 | 30.12 |
| 20Q4 (8) | 2.70 | -5.26 | 16.38 | 3.41 | 14.43 | -28.51 | 33.67 | 5.28 | -14.02 | 26.65 | -12.88 | 39.6 | 38.57 | 1.98 | -38.13 | 21.75 | -12.09 | 633.09 |
| 20Q3 (7) | 2.85 | 15.38 | 25.0 | 2.98 | -9.97 | -49.32 | 31.98 | -13.17 | -19.89 | 30.59 | 11.24 | 97.61 | 37.82 | -6.39 | -47.0 | 24.74 | 3.43 | 255.01 |
| 20Q2 (6) | 2.47 | -13.33 | -19.54 | 3.31 | -22.3 | -38.13 | 36.83 | 15.53 | 24.38 | 27.50 | 28.87 | 61.67 | 40.40 | 6.4 | -36.88 | 23.92 | 56.96 | 237.55 |
| 20Q1 (5) | 2.85 | 22.84 | -3.06 | 4.26 | -10.69 | -4.7 | 31.88 | -18.59 | 2.91 | 21.34 | 11.79 | 4.92 | 37.97 | -39.09 | -46.08 | 15.24 | 473.53 | 179.79 |
| 19Q4 (4) | 2.32 | 1.75 | 0.0 | 4.77 | -18.88 | 0.0 | 39.16 | -1.9 | 0.0 | 19.09 | 23.32 | 0.0 | 62.34 | -12.64 | 0.0 | -4.08 | 74.44 | 0.0 |
| 19Q3 (3) | 2.28 | -25.73 | 0.0 | 5.88 | 9.91 | 0.0 | 39.92 | 34.82 | 0.0 | 15.48 | -8.99 | 0.0 | 71.36 | 11.48 | 0.0 | -15.96 | 8.22 | 0.0 |
| 19Q2 (2) | 3.07 | 4.42 | 0.0 | 5.35 | 19.69 | 0.0 | 29.61 | -4.42 | 0.0 | 17.01 | -16.37 | 0.0 | 64.01 | -9.1 | 0.0 | -17.39 | 8.95 | 0.0 |
| 19Q1 (1) | 2.94 | 0.0 | 0.0 | 4.47 | 0.0 | 0.0 | 30.98 | 0.0 | 0.0 | 20.34 | 0.0 | 0.0 | 70.42 | 0.0 | 0.0 | -19.10 | 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) | 9.04 | -14.64 | 12.41 | -21.46 | 40.39 | 17.17 | 29.42 | 27.36 | 70.98 | 7.12 | -1.17 | 0 |
| 2022 (9) | 10.59 | 4.33 | 15.80 | -0.32 | 34.47 | -4.09 | 23.10 | 0.3 | 66.26 | 24.08 | -8.69 | 0 |
| 2021 (8) | 10.15 | -5.58 | 15.85 | -0.63 | 35.94 | 5.83 | 23.03 | 0.66 | 53.40 | 23.1 | 5.57 | -58.62 |
| 2020 (7) | 10.75 | -6.6 | 15.95 | -13.22 | 33.96 | 7.1 | 22.88 | 15.21 | 43.38 | -18.31 | 13.46 | 0 |
| 2019 (6) | 11.51 | -14.61 | 18.38 | 52.28 | 31.71 | 17.1 | 19.86 | -34.3 | 53.10 | -14.4 | -1.53 | 0 |
| 2018 (5) | 13.48 | 131.22 | 12.07 | 169.42 | 27.08 | -56.73 | 30.23 | -62.86 | 62.03 | -6.36 | -4.73 | 0 |
| 2017 (4) | 5.83 | -1.19 | 4.48 | -31.91 | 62.59 | 1.26 | 81.40 | 46.72 | 66.24 | 48.92 | 77.76 | 6.8 |
| 2016 (3) | 5.90 | 4.98 | 6.58 | -18.67 | 61.81 | -4.79 | 55.48 | 22.96 | 44.48 | -10.34 | 72.81 | 20.51 |
| 2015 (2) | 5.62 | 7.05 | 8.09 | 27.4 | 64.92 | -6.67 | 45.12 | -21.53 | 49.61 | -15.07 | 60.42 | -12.0 |
| 2014 (1) | 5.25 | 23.24 | 6.35 | 27.0 | 69.56 | -18.78 | 57.50 | -21.3 | 58.41 | 14.96 | 68.66 | -36.36 |
