- 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) | 1.28 | -1.54 | 21.9 | 0.96 | -3.03 | 41.18 | 70.99 | 1.44 | -17.92 | 94.45 | 3.19 | -29.34 | 48.68 | 17.36 | 2.66 | 116.76 | -2.72 | -32.41 |
| 23Q3 (19) | 1.30 | 8.33 | 14.04 | 0.99 | 16.47 | 28.57 | 69.98 | -7.69 | -12.29 | 91.53 | -14.04 | -22.34 | 41.48 | 4.01 | -16.94 | 120.03 | -15.72 | -18.74 |
| 23Q2 (18) | 1.20 | 2.56 | 0.84 | 0.85 | 16.44 | 8.97 | 75.81 | -2.63 | -0.84 | 106.48 | -14.63 | -8.48 | 39.88 | -2.59 | -29.78 | 142.42 | -11.9 | 4.71 |
| 23Q1 (17) | 1.17 | 11.43 | -4.88 | 0.73 | 7.35 | -15.12 | 77.86 | -9.98 | 5.39 | 124.73 | -6.69 | 18.12 | 40.94 | -13.67 | -27.77 | 161.65 | -6.42 | 31.64 |
| 22Q4 (16) | 1.05 | -7.89 | -19.85 | 0.68 | -11.69 | -26.09 | 86.49 | 8.4 | 24.63 | 133.67 | 13.41 | 35.75 | 47.42 | -5.05 | -13.23 | 172.74 | 16.94 | 52.57 |
| 22Q3 (15) | 1.14 | -4.2 | -8.8 | 0.77 | -1.28 | -17.2 | 79.79 | 4.37 | 9.48 | 117.86 | 1.3 | 19.9 | 49.94 | -12.06 | -8.2 | 147.72 | 8.61 | 26.48 |
| 22Q2 (14) | 1.19 | -3.25 | -0.83 | 0.78 | -9.3 | -19.59 | 76.45 | 3.48 | 1.16 | 116.35 | 10.18 | 23.42 | 56.79 | 0.19 | 10.02 | 136.01 | 10.76 | 15.05 |
| 22Q1 (13) | 1.23 | -6.11 | 2.5 | 0.86 | -6.52 | -8.51 | 73.88 | 6.46 | -2.22 | 105.60 | 7.24 | 9.38 | 56.68 | 3.71 | 10.72 | 122.80 | 8.46 | 1.56 |
| 21Q4 (12) | 1.31 | 4.8 | 15.93 | 0.92 | -1.08 | 2.22 | 69.40 | -4.77 | -13.64 | 98.47 | 0.17 | -2.25 | 54.65 | 0.46 | 3.84 | 113.22 | -3.06 | -11.88 |
| 21Q3 (11) | 1.25 | 4.17 | -1.57 | 0.93 | -4.12 | -4.12 | 72.88 | -3.56 | 1.62 | 98.30 | 4.27 | 4.63 | 54.40 | 5.39 | 10.1 | 116.79 | -1.21 | 0.46 |
| 21Q2 (10) | 1.20 | 0.0 | 10.09 | 0.97 | 3.19 | 16.87 | 75.57 | 0.01 | -9.52 | 94.27 | -2.35 | -14.05 | 51.62 | 0.84 | -20.33 | 118.22 | -2.22 | -7.94 |
| 21Q1 (9) | 1.20 | 6.19 | 11.11 | 0.94 | 4.44 | -6.0 | 75.56 | -5.97 | -10.7 | 96.54 | -4.17 | 6.2 | 51.19 | -2.74 | -19.22 | 120.91 | -5.89 | 7.83 |
| 20Q4 (8) | 1.13 | -11.02 | -2.59 | 0.90 | -7.22 | -23.08 | 80.36 | 12.05 | 2.04 | 100.74 | 7.23 | 29.97 | 52.63 | 6.52 | -6.15 | 128.48 | 10.51 | 28.26 |
| 20Q3 (7) | 1.27 | 16.51 | 6.72 | 0.97 | 16.87 | -18.49 | 71.72 | -14.13 | -6.31 | 93.95 | -14.34 | 22.35 | 49.41 | -23.74 | -3.68 | 116.26 | -9.46 | 13.95 |
| 20Q2 (6) | 1.09 | 0.93 | 0.93 | 0.83 | -17.0 | -23.15 | 83.52 | -1.29 | -0.57 | 109.68 | 20.66 | 30.29 | 64.79 | 2.24 | 31.5 | 128.41 | 14.52 | 8.0 |
| 20Q1 (5) | 1.08 | -6.9 | 14.89 | 1.00 | -14.53 | 1.01 | 84.61 | 7.44 | -12.94 | 90.90 | 17.28 | -1.15 | 63.37 | 13.0 | 13.2 | 112.13 | 11.94 | -15.8 |
| 19Q4 (4) | 1.16 | -2.52 | 0.0 | 1.17 | -1.68 | 0.0 | 78.75 | 2.87 | 0.0 | 77.51 | 0.94 | 0.0 | 56.08 | 9.32 | 0.0 | 100.17 | -1.82 | 0.0 |
| 19Q3 (3) | 1.19 | 10.19 | 0.0 | 1.19 | 10.19 | 0.0 | 76.55 | -8.87 | 0.0 | 76.79 | -8.78 | 0.0 | 51.30 | 4.12 | 0.0 | 102.03 | -14.19 | 0.0 |
| 19Q2 (2) | 1.08 | 14.89 | 0.0 | 1.08 | 9.09 | 0.0 | 84.00 | -13.57 | 0.0 | 84.18 | -8.46 | 0.0 | 49.27 | -11.99 | 0.0 | 118.90 | -10.72 | 0.0 |
| 19Q1 (1) | 0.94 | 0.0 | 0.0 | 0.99 | 0.0 | 0.0 | 97.19 | 0.0 | 0.0 | 91.96 | 0.0 | 0.0 | 55.98 | 0.0 | 0.0 | 133.17 | 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) | 5.13 | -2.84 | 3.32 | -2.64 | 71.18 | 2.94 | 109.92 | 2.55 | 45.08 | -4.19 | 136.02 | 5.21 |
| 2022 (9) | 5.28 | 2.33 | 3.41 | -7.59 | 69.15 | -2.21 | 107.19 | 8.23 | 47.05 | -12.09 | 129.29 | 11.24 |
| 2021 (8) | 5.16 | 15.96 | 3.69 | -4.16 | 70.71 | -13.77 | 99.04 | 4.56 | 53.52 | -8.18 | 116.23 | -1.86 |
| 2020 (7) | 4.45 | 8.54 | 3.85 | -10.88 | 82.00 | -7.83 | 94.72 | 12.07 | 58.29 | -1.04 | 118.43 | 3.35 |
| 2019 (6) | 4.10 | 3.02 | 4.32 | -15.46 | 88.97 | -3.07 | 84.52 | 18.34 | 58.90 | -1.65 | 114.59 | 10.91 |
| 2018 (5) | 3.98 | 6.42 | 5.11 | -11.44 | 91.79 | -6.07 | 71.42 | 12.99 | 59.89 | -9.83 | 103.32 | 9.32 |
| 2017 (4) | 3.74 | -2.09 | 5.77 | 4.53 | 97.72 | 2.22 | 63.21 | -4.34 | 66.42 | 2.01 | 94.51 | -2.12 |
| 2016 (3) | 3.82 | 10.09 | 5.52 | -0.9 | 95.60 | -9.0 | 66.08 | 0.84 | 65.11 | 8.26 | 96.56 | -12.57 |
| 2015 (2) | 3.47 | 5.15 | 5.57 | -6.39 | 105.06 | -5.08 | 65.53 | 6.8 | 60.14 | -0.45 | 110.44 | -1.07 |
| 2014 (1) | 3.30 | 9.63 | 5.95 | 6.63 | 110.68 | -8.79 | 61.36 | -6.21 | 60.41 | -11.4 | 111.63 | -5.87 |
