- 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) | 0.67 | -4.29 | 36.73 | 2.32 | 5.45 | 39.76 | 136.63 | 5.16 | -25.88 | 39.24 | -5.22 | -28.24 | 127.12 | 17.62 | 1.62 | 48.75 | -22.92 | -57.21 |
| 23Q3 (19) | 0.70 | 11.11 | 18.64 | 2.20 | 17.02 | 22.22 | 129.93 | -10.47 | -15.83 | 41.40 | -14.46 | -18.12 | 108.08 | 3.21 | 4.61 | 63.25 | -28.78 | -37.75 |
| 23Q2 (18) | 0.63 | 12.5 | 8.62 | 1.88 | 11.24 | 21.29 | 145.13 | -11.13 | -7.3 | 48.40 | -9.94 | -17.36 | 104.72 | -7.75 | -4.06 | 88.81 | -14.22 | -16.2 |
| 23Q1 (17) | 0.56 | 14.29 | -3.45 | 1.69 | 1.81 | 10.46 | 163.31 | -11.41 | 4.26 | 53.74 | -1.72 | -9.85 | 113.52 | -9.25 | -0.6 | 103.53 | -9.14 | 1.46 |
| 22Q4 (16) | 0.49 | -16.95 | -24.62 | 1.66 | -7.78 | -1.19 | 184.34 | 19.41 | 31.46 | 54.68 | 8.15 | 0.77 | 125.09 | 21.07 | 21.32 | 113.94 | 12.13 | 24.7 |
| 22Q3 (15) | 0.59 | 1.72 | -11.94 | 1.80 | 16.13 | 9.76 | 154.37 | -1.4 | 14.11 | 50.56 | -13.68 | -9.11 | 103.32 | -5.34 | 3.73 | 101.61 | -4.12 | 11.28 |
| 22Q2 (14) | 0.58 | 0.0 | -14.71 | 1.55 | 1.31 | -1.9 | 156.56 | -0.04 | 17.2 | 58.57 | -1.74 | 1.93 | 109.15 | -4.42 | 9.49 | 105.98 | 3.86 | 16.02 |
| 22Q1 (13) | 0.58 | -10.77 | 0.0 | 1.53 | -8.93 | 1.32 | 156.63 | 11.7 | 0.44 | 59.61 | 9.86 | -1.19 | 114.20 | 10.76 | 1.12 | 102.04 | 11.68 | -1.26 |
| 21Q4 (12) | 0.65 | -2.99 | 12.07 | 1.68 | 2.44 | 6.33 | 140.22 | 3.65 | -10.72 | 54.26 | -2.46 | -5.73 | 103.11 | 3.52 | -13.19 | 91.37 | 0.07 | -4.65 |
| 21Q3 (11) | 0.67 | -1.47 | 19.64 | 1.64 | 3.8 | -1.8 | 135.28 | 1.27 | -17.24 | 55.63 | -3.18 | 2.28 | 99.60 | -0.09 | -23.81 | 91.31 | -0.04 | 4.8 |
| 21Q2 (10) | 0.68 | 17.24 | -15.0 | 1.58 | 4.64 | -37.8 | 133.58 | -14.34 | 17.88 | 57.46 | -4.76 | 60.1 | 99.69 | -11.72 | 14.38 | 91.35 | -11.6 | 47.22 |
| 21Q1 (9) | 0.58 | 0.0 | 13.73 | 1.51 | -4.43 | -14.2 | 155.94 | -0.71 | -12.82 | 60.33 | 4.81 | 16.78 | 112.93 | -4.93 | -6.43 | 103.34 | 7.84 | -5.93 |
| 20Q4 (8) | 0.58 | 3.57 | -15.94 | 1.58 | -5.39 | -34.44 | 157.05 | -3.93 | 18.64 | 57.56 | 5.83 | 52.68 | 118.78 | -9.14 | 26.28 | 95.83 | 9.99 | 26.06 |
| 20Q3 (7) | 0.56 | -30.0 | -23.29 | 1.67 | -34.25 | -28.02 | 163.47 | 44.26 | 31.3 | 54.39 | 51.55 | 38.71 | 130.73 | 49.99 | 41.85 | 87.13 | 40.42 | 21.77 |
| 20Q2 (6) | 0.80 | 56.86 | 23.08 | 2.54 | 44.32 | 32.29 | 113.32 | -36.65 | -18.93 | 35.89 | -30.53 | -24.36 | 87.16 | -27.78 | -17.71 | 62.05 | -43.51 | -23.69 |
| 20Q1 (5) | 0.51 | -26.09 | -12.07 | 1.76 | -26.97 | 5.39 | 178.88 | 35.14 | 13.39 | 51.66 | 37.03 | -5.05 | 120.69 | 28.31 | -2.46 | 109.85 | 44.5 | 24.21 |
| 19Q4 (4) | 0.69 | -5.48 | 0.0 | 2.41 | 3.88 | 0.0 | 132.37 | 6.32 | 0.0 | 37.70 | -3.85 | 0.0 | 94.06 | 2.06 | 0.0 | 76.02 | 6.25 | 0.0 |
| 19Q3 (3) | 0.73 | 12.31 | 0.0 | 2.32 | 20.83 | 0.0 | 124.50 | -10.93 | 0.0 | 39.21 | -17.37 | 0.0 | 92.16 | -12.99 | 0.0 | 71.55 | -12.0 | 0.0 |
| 19Q2 (2) | 0.65 | 12.07 | 0.0 | 1.92 | 14.97 | 0.0 | 139.78 | -11.4 | 0.0 | 47.45 | -12.79 | 0.0 | 105.92 | -14.39 | 0.0 | 81.31 | -8.06 | 0.0 |
| 19Q1 (1) | 0.58 | 0.0 | 0.0 | 1.67 | 0.0 | 0.0 | 157.76 | 0.0 | 0.0 | 54.41 | 0.0 | 0.0 | 123.73 | 0.0 | 0.0 | 88.44 | 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) | 2.33 | -5.28 | 8.03 | 15.54 | 156.69 | 5.55 | 45.47 | -13.47 | 129.92 | 22.9 | 72.23 | -24.19 |
| 2022 (9) | 2.46 | 3.36 | 6.95 | 9.62 | 148.45 | -3.05 | 52.55 | -8.7 | 105.71 | -4.83 | 95.28 | -4.35 |
| 2021 (8) | 2.38 | -4.42 | 6.34 | -17.12 | 153.12 | 4.42 | 57.56 | 20.57 | 111.07 | 5.16 | 99.61 | 12.22 |
| 2020 (7) | 2.49 | 0.81 | 7.65 | -3.89 | 146.64 | -0.74 | 47.74 | 4.05 | 105.62 | -6.45 | 88.76 | 9.97 |
| 2019 (6) | 2.47 | 2.07 | 7.96 | 12.75 | 147.73 | -1.89 | 45.88 | -11.27 | 112.90 | -10.21 | 80.71 | 5.43 |
| 2018 (5) | 2.42 | -13.57 | 7.06 | -4.47 | 150.58 | 15.47 | 51.71 | 4.68 | 125.74 | 3.02 | 76.55 | 32.53 |
| 2017 (4) | 2.80 | -16.91 | 7.39 | 5.42 | 130.41 | 20.39 | 49.40 | -5.15 | 122.05 | 6.01 | 57.76 | 27.59 |
| 2016 (3) | 3.37 | -3.44 | 7.01 | 10.05 | 108.32 | 3.45 | 52.08 | -9.17 | 115.13 | 1.4 | 45.27 | -6.68 |
| 2015 (2) | 3.49 | 10.79 | 6.37 | -12.14 | 104.71 | -9.6 | 57.34 | 13.88 | 113.54 | 6.45 | 48.51 | -18.48 |
| 2014 (1) | 3.15 | -0.94 | 7.25 | -14.5 | 115.83 | 0.85 | 50.35 | 17.01 | 106.66 | 5.5 | 59.51 | 4.79 |
