- 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) | 2.68 | 9.39 | 13.56 | 1.13 | 11.88 | -21.53 | 33.92 | -8.84 | -12.17 | 80.42 | -10.95 | 27.09 | 44.41 | -8.22 | -7.32 | 69.93 | -11.63 | 29.57 |
| 23Q3 (19) | 2.45 | 5.6 | 4.7 | 1.01 | 13.48 | -39.88 | 37.21 | -5.15 | -4.25 | 90.31 | -12.08 | 66.29 | 48.39 | -40.63 | 7.56 | 79.13 | 30.9 | 64.24 |
| 23Q2 (18) | 2.32 | -10.77 | 4.04 | 0.89 | -28.23 | -56.37 | 39.23 | 11.93 | -3.78 | 102.72 | 39.66 | 130.57 | 81.50 | 14.82 | 83.85 | 60.45 | 60.69 | 47.47 |
| 23Q1 (17) | 2.60 | 10.17 | 1.56 | 1.24 | -13.89 | -46.55 | 35.05 | -9.24 | -1.3 | 73.55 | 16.23 | 87.68 | 70.98 | 48.12 | 93.56 | 37.62 | -30.29 | -1.05 |
| 22Q4 (16) | 2.36 | 0.85 | 26.2 | 1.44 | -14.29 | -36.28 | 38.62 | -0.62 | -20.45 | 63.28 | 16.52 | 57.06 | 47.92 | 6.51 | -7.69 | 53.97 | 12.02 | 46.14 |
| 22Q3 (15) | 2.34 | 4.93 | 4.46 | 1.68 | -17.65 | -56.25 | 38.86 | -4.68 | -4.33 | 54.31 | 21.91 | 128.87 | 44.99 | 1.49 | 23.16 | 48.18 | 17.54 | 73.18 |
| 22Q2 (14) | 2.23 | -12.89 | 0.9 | 2.04 | -12.07 | -25.27 | 40.77 | 14.81 | -1.19 | 44.55 | 13.68 | 33.46 | 44.33 | 20.89 | 11.61 | 40.99 | 7.81 | 17.38 |
| 22Q1 (13) | 2.56 | 36.9 | 16.89 | 2.32 | 2.65 | -8.66 | 35.51 | -26.86 | -14.41 | 39.19 | -2.73 | 9.35 | 36.67 | -29.36 | -4.8 | 38.02 | 2.95 | -2.01 |
| 21Q4 (12) | 1.87 | -16.52 | -15.38 | 2.26 | -41.15 | 7.62 | 48.55 | 19.52 | 17.64 | 40.29 | 69.79 | -7.04 | 51.91 | 42.1 | 58.46 | 36.93 | 32.75 | -28.78 |
| 21Q3 (11) | 2.24 | 1.36 | -11.11 | 3.84 | 40.66 | 106.45 | 40.62 | -1.55 | 12.46 | 23.73 | -28.91 | -51.42 | 36.53 | -8.03 | 24.8 | 27.82 | -20.33 | -50.05 |
| 21Q2 (10) | 2.21 | 0.91 | -6.36 | 2.73 | 7.48 | 62.5 | 41.26 | -0.55 | 7.03 | 33.38 | -6.86 | -38.24 | 39.72 | 3.12 | 69.38 | 34.92 | -10.0 | -49.5 |
| 21Q1 (9) | 2.19 | -0.9 | -7.59 | 2.54 | 20.95 | 48.54 | 41.49 | 0.53 | 8.1 | 35.84 | -17.31 | -32.71 | 38.52 | 17.58 | 81.53 | 38.80 | -25.17 | -44.9 |
| 20Q4 (8) | 2.21 | -12.3 | -19.93 | 2.10 | 12.9 | 6.06 | 41.27 | 14.26 | 25.25 | 43.34 | -11.28 | -5.93 | 32.76 | 11.92 | 81.19 | 51.85 | -6.91 | -14.92 |
| 20Q3 (7) | 2.52 | 6.78 | -1.18 | 1.86 | 10.71 | 17.72 | 36.12 | -6.3 | 1.09 | 48.85 | -9.62 | -15.13 | 29.27 | 24.82 | 33.23 | 55.70 | -19.45 | -21.9 |
| 20Q2 (6) | 2.36 | -0.42 | -6.35 | 1.68 | -1.75 | 20.86 | 38.55 | 0.44 | 6.7 | 54.05 | 1.48 | -17.24 | 23.45 | 10.51 | -6.94 | 69.15 | -1.8 | -9.3 |
| 20Q1 (5) | 2.37 | -14.13 | 18.5 | 1.71 | -13.64 | 27.61 | 38.38 | 16.48 | -15.7 | 53.26 | 15.61 | -21.73 | 21.22 | 17.37 | -19.83 | 70.42 | 15.56 | -19.16 |
| 19Q4 (4) | 2.76 | 8.24 | 0.0 | 1.98 | 25.32 | 0.0 | 32.95 | -7.78 | 0.0 | 46.07 | -19.96 | 0.0 | 18.08 | -17.71 | 0.0 | 60.94 | -14.55 | 0.0 |
| 19Q3 (3) | 2.55 | 1.19 | 0.0 | 1.58 | 13.67 | 0.0 | 35.73 | -1.11 | 0.0 | 57.56 | -11.87 | 0.0 | 21.97 | -12.82 | 0.0 | 71.32 | -6.45 | 0.0 |
| 19Q2 (2) | 2.52 | 26.0 | 0.0 | 1.39 | 3.73 | 0.0 | 36.13 | -20.65 | 0.0 | 65.31 | -4.03 | 0.0 | 25.20 | -4.8 | 0.0 | 76.24 | -12.48 | 0.0 |
| 19Q1 (1) | 2.00 | 0.0 | 0.0 | 1.34 | 0.0 | 0.0 | 45.53 | 0.0 | 0.0 | 68.05 | 0.0 | 0.0 | 26.47 | 0.0 | 0.0 | 87.11 | 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) | 11.57 | -4.3 | 5.43 | -28.27 | 31.55 | 4.5 | 67.27 | 39.54 | 44.21 | 16.62 | 54.62 | 34.93 |
| 2022 (9) | 12.09 | 19.7 | 7.57 | -19.89 | 30.19 | -16.46 | 48.21 | 24.8 | 37.91 | 22.41 | 40.48 | -7.58 |
| 2021 (8) | 10.10 | 11.48 | 9.45 | 7.88 | 36.14 | -10.34 | 38.63 | -7.23 | 30.97 | 28.88 | 43.80 | -24.38 |
| 2020 (7) | 9.06 | -6.69 | 8.76 | 21.67 | 40.31 | 7.26 | 41.64 | -17.8 | 24.03 | 25.55 | 57.92 | -16.19 |
| 2019 (6) | 9.71 | 24.01 | 7.20 | 33.09 | 37.58 | -19.43 | 50.66 | -24.86 | 19.14 | -11.06 | 69.11 | -25.32 |
| 2018 (5) | 7.83 | 0.9 | 5.41 | -6.4 | 46.64 | -0.79 | 67.42 | 6.8 | 21.52 | -12.56 | 92.54 | 8.18 |
| 2017 (4) | 7.76 | 12.14 | 5.78 | -27.66 | 47.01 | -10.88 | 63.13 | 38.11 | 24.61 | -1.28 | 85.54 | 16.35 |
| 2016 (3) | 6.92 | 0.87 | 7.99 | -34.02 | 52.75 | -0.83 | 45.71 | 51.66 | 24.93 | 47.43 | 73.52 | 10.69 |
| 2015 (2) | 6.86 | 2.69 | 12.11 | 2.02 | 53.19 | -2.69 | 30.14 | -2.02 | 16.91 | -9.96 | 66.42 | -0.33 |
| 2014 (1) | 6.68 | 5.03 | 11.87 | 18.82 | 54.66 | -4.72 | 30.76 | -15.82 | 18.78 | 17.38 | 66.64 | -14.48 |
