- 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) | 1.74 | -11.68 | -0.57 | 1.41 | -6.0 | -18.97 | 52.29 | 13.01 | 0.73 | 64.51 | 6.31 | 23.35 | 64.22 | 10.12 | 6.48 | 52.58 | 8.1 | 19.77 |
| 23Q3 (19) | 1.97 | 4.79 | 8.84 | 1.50 | 4.17 | -22.28 | 46.27 | -4.62 | -8.03 | 60.68 | -3.9 | 28.83 | 58.32 | -13.72 | -6.81 | 48.64 | 10.39 | 39.69 |
| 23Q2 (18) | 1.88 | 2.73 | 18.99 | 1.44 | -11.11 | -27.27 | 48.51 | -2.49 | -15.66 | 63.14 | 12.19 | 37.59 | 67.59 | 5.61 | -10.24 | 44.06 | 4.8 | 56.74 |
| 23Q1 (17) | 1.83 | 4.57 | 13.66 | 1.62 | -6.9 | -35.71 | 49.75 | -4.16 | -11.81 | 56.28 | 7.61 | 55.6 | 64.00 | 6.12 | -3.16 | 42.04 | -4.24 | 58.76 |
| 22Q4 (16) | 1.75 | -3.31 | 25.0 | 1.74 | -9.84 | -33.59 | 51.91 | 3.18 | -20.1 | 52.30 | 11.04 | 50.68 | 60.31 | -3.63 | -2.84 | 43.90 | 26.08 | 16.76 |
| 22Q3 (15) | 1.81 | 14.56 | 48.36 | 1.93 | -2.53 | -34.35 | 50.31 | -12.53 | -32.32 | 47.10 | 2.64 | 52.18 | 62.58 | -16.89 | 11.41 | 34.82 | 23.87 | -29.11 |
| 22Q2 (14) | 1.58 | -1.86 | 37.39 | 1.98 | -21.43 | -34.22 | 57.52 | 1.97 | -27.08 | 45.89 | 26.87 | 51.8 | 75.30 | 13.94 | 38.55 | 28.11 | 6.16 | -48.68 |
| 22Q1 (13) | 1.61 | 15.0 | 14.18 | 2.52 | -3.82 | -20.5 | 56.41 | -13.18 | -12.64 | 36.17 | 4.21 | 26.07 | 66.09 | 6.48 | 26.73 | 26.48 | -29.57 | -35.57 |
| 21Q4 (12) | 1.40 | 14.75 | -10.26 | 2.62 | -10.88 | -20.61 | 64.97 | -12.6 | 11.73 | 34.71 | 12.15 | 25.9 | 62.07 | 10.5 | 21.47 | 37.60 | -23.45 | 8.64 |
| 21Q3 (11) | 1.22 | 6.09 | -28.24 | 2.94 | -2.33 | -13.02 | 74.34 | -5.76 | 38.54 | 30.95 | 2.38 | 15.1 | 56.17 | 3.35 | 17.76 | 49.12 | -10.32 | 49.53 |
| 21Q2 (10) | 1.15 | -18.44 | -17.86 | 3.01 | -5.05 | -6.52 | 78.88 | 22.16 | 21.06 | 30.23 | 5.37 | 6.97 | 54.35 | 4.22 | 11.56 | 54.77 | 33.26 | 22.53 |
| 21Q1 (9) | 1.41 | -9.62 | 22.61 | 3.17 | -3.94 | 17.84 | 64.57 | 11.04 | -18.15 | 28.69 | 4.06 | -15.12 | 52.15 | 2.05 | 6.95 | 41.10 | 18.75 | -35.7 |
| 20Q4 (8) | 1.56 | -8.24 | 38.05 | 3.30 | -2.37 | 30.43 | 58.15 | 8.37 | -27.66 | 27.57 | 2.53 | -23.44 | 51.10 | 7.13 | -12.81 | 34.61 | 5.36 | -40.09 |
| 20Q3 (7) | 1.70 | 21.43 | 58.88 | 3.38 | 4.97 | 29.01 | 53.66 | -17.65 | -36.97 | 26.89 | -4.85 | -22.57 | 47.70 | -2.09 | -21.04 | 32.85 | -26.51 | -44.74 |
| 20Q2 (6) | 1.40 | 21.74 | 28.44 | 3.22 | 19.7 | 30.36 | 65.16 | -17.4 | -21.8 | 28.26 | -16.39 | -23.21 | 48.72 | -0.08 | -6.86 | 44.70 | -30.07 | -34.09 |
| 20Q1 (5) | 1.15 | 1.77 | 17.35 | 2.69 | 6.32 | 13.03 | 78.89 | -1.85 | -15.41 | 33.80 | -6.14 | -11.52 | 48.76 | -16.81 | 6.28 | 63.92 | 10.65 | -25.31 |
| 19Q4 (4) | 1.13 | 5.61 | 0.0 | 2.53 | -3.44 | 0.0 | 80.38 | -5.58 | 0.0 | 36.01 | 3.69 | 0.0 | 58.61 | -2.98 | 0.0 | 57.77 | -2.83 | 0.0 |
| 19Q3 (3) | 1.07 | -1.83 | 0.0 | 2.62 | 6.07 | 0.0 | 85.13 | 2.16 | 0.0 | 34.73 | -5.63 | 0.0 | 60.41 | 15.48 | 0.0 | 59.45 | -12.34 | 0.0 |
| 19Q2 (2) | 1.09 | 11.22 | 0.0 | 2.47 | 3.78 | 0.0 | 83.33 | -10.65 | 0.0 | 36.80 | -3.66 | 0.0 | 52.31 | 14.01 | 0.0 | 67.82 | -20.75 | 0.0 |
| 19Q1 (1) | 0.98 | 0.0 | 0.0 | 2.38 | 0.0 | 0.0 | 93.26 | 0.0 | 0.0 | 38.20 | 0.0 | 0.0 | 45.88 | 0.0 | 0.0 | 85.58 | 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) | 7.00 | 11.82 | 6.26 | -20.66 | 52.13 | -10.63 | 58.32 | 26.07 | 63.32 | 1.02 | 47.13 | 12.43 |
| 2022 (9) | 6.26 | 8.49 | 7.89 | -29.36 | 58.33 | -7.78 | 46.26 | 41.51 | 62.68 | 2.54 | 41.92 | 20.46 |
| 2021 (8) | 5.77 | 1.05 | 11.17 | -12.12 | 63.25 | -1.06 | 32.69 | 13.86 | 61.13 | 32.03 | 34.80 | -24.9 |
| 2020 (7) | 5.71 | 32.79 | 12.71 | 27.74 | 63.93 | -24.73 | 28.71 | -21.71 | 46.30 | 10.19 | 46.34 | -41.76 |
| 2019 (6) | 4.30 | 14.36 | 9.95 | 4.52 | 84.93 | -12.5 | 36.67 | -4.36 | 42.02 | 7.0 | 79.57 | -17.23 |
| 2018 (5) | 3.76 | 8.36 | 9.52 | 25.76 | 97.06 | -7.73 | 38.34 | -20.47 | 39.27 | -2.14 | 96.13 | -15.13 |
| 2017 (4) | 3.47 | -1.7 | 7.57 | 21.51 | 105.19 | 1.65 | 48.21 | -17.7 | 40.13 | 1.62 | 113.27 | -7.59 |
| 2016 (3) | 3.53 | 3.22 | 6.23 | 12.66 | 103.48 | -2.95 | 58.58 | -11.3 | 39.49 | -5.62 | 122.57 | -6.31 |
| 2015 (2) | 3.42 | -4.47 | 5.53 | 10.82 | 106.63 | 4.65 | 66.04 | -9.63 | 41.84 | 0.24 | 130.83 | -1.79 |
| 2014 (1) | 3.58 | -2.72 | 4.99 | 27.3 | 101.89 | 2.65 | 73.08 | -21.51 | 41.74 | -7.68 | 133.22 | -9.48 |
