- 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) | 1.46 | 17.74 | -5.81 | 0.71 | 18.33 | -2.74 | 62.16 | -15.58 | 5.71 | 127.37 | -15.32 | 2.83 | 68.00 | -2.59 | 7.49 | 121.53 | -21.21 | 1.78 |
| 23Q3 (19) | 1.24 | -19.48 | -17.33 | 0.60 | -21.05 | -13.04 | 73.63 | 24.82 | 21.12 | 150.42 | 25.17 | 13.34 | 69.81 | 16.97 | 11.38 | 154.24 | 29.1 | 17.88 |
| 23Q2 (18) | 1.54 | 3.36 | 0.0 | 0.76 | 10.14 | 28.81 | 58.99 | -3.2 | -0.37 | 120.17 | -9.42 | -22.6 | 59.68 | -17.05 | -15.88 | 119.47 | -1.79 | -16.76 |
| 23Q1 (17) | 1.49 | -3.87 | -3.87 | 0.69 | -5.48 | 27.78 | 60.94 | 3.64 | 4.06 | 132.66 | 7.1 | -21.67 | 71.95 | 13.74 | -7.05 | 121.65 | 1.88 | -19.17 |
| 22Q4 (16) | 1.55 | 3.33 | 7.64 | 0.73 | 5.8 | 25.86 | 58.80 | -3.27 | -6.8 | 123.86 | -6.68 | -21.33 | 63.26 | 0.93 | -19.58 | 119.40 | -8.74 | -15.84 |
| 22Q3 (15) | 1.50 | -2.6 | 11.11 | 0.69 | 16.95 | 1.47 | 60.79 | 2.67 | -9.85 | 132.72 | -14.52 | -0.42 | 62.68 | -11.66 | -26.89 | 130.84 | -8.84 | 13.79 |
| 22Q2 (14) | 1.54 | -0.65 | 4.05 | 0.59 | 9.26 | -31.4 | 59.21 | 1.11 | -3.79 | 155.26 | -8.33 | 47.15 | 70.95 | -8.35 | -11.11 | 143.52 | -4.64 | 64.55 |
| 22Q1 (13) | 1.55 | 7.64 | 28.1 | 0.54 | -6.9 | -36.47 | 58.56 | -7.18 | -22.28 | 169.36 | 7.57 | 58.95 | 77.41 | -1.59 | -15.85 | 150.51 | 6.09 | 67.4 |
| 21Q4 (12) | 1.44 | 6.67 | 2.13 | 0.58 | -14.71 | -52.07 | 63.09 | -6.44 | -2.52 | 157.44 | 18.13 | 109.14 | 78.66 | -8.25 | 5.57 | 141.87 | 23.39 | 116.63 |
| 21Q3 (11) | 1.35 | -8.78 | -13.46 | 0.68 | -20.93 | -44.26 | 67.43 | 9.57 | 15.76 | 133.28 | 26.32 | 78.56 | 85.73 | 7.4 | 24.17 | 114.98 | 31.83 | 80.05 |
| 21Q2 (10) | 1.48 | 22.31 | -19.57 | 0.86 | 1.18 | -13.13 | 61.54 | -18.33 | 24.17 | 105.51 | -0.98 | 15.25 | 79.82 | -13.23 | 12.64 | 87.22 | -2.99 | 24.14 |
| 21Q1 (9) | 1.21 | -14.18 | -9.7 | 0.85 | -29.75 | 16.44 | 75.35 | 16.42 | 10.79 | 106.55 | 41.54 | -15.0 | 91.99 | 23.46 | -4.46 | 89.91 | 37.29 | -7.39 |
| 20Q4 (8) | 1.41 | -9.62 | -2.08 | 1.21 | -0.82 | 34.44 | 64.72 | 11.11 | 2.07 | 75.28 | 0.86 | -25.53 | 74.51 | 7.92 | -7.36 | 65.49 | 2.55 | -22.09 |
| 20Q3 (7) | 1.56 | -15.22 | -12.85 | 1.22 | 23.23 | 35.56 | 58.25 | 17.53 | 14.87 | 74.64 | -18.47 | -26.58 | 69.04 | -2.57 | 5.29 | 63.86 | -9.11 | -26.44 |
| 20Q2 (6) | 1.84 | 37.31 | -5.64 | 0.99 | 35.62 | 20.73 | 49.56 | -27.13 | 6.33 | 91.55 | -26.96 | -17.72 | 70.86 | -26.4 | 10.07 | 70.26 | -27.63 | -24.86 |
| 20Q1 (5) | 1.34 | -6.94 | -16.77 | 0.73 | -18.89 | 7.35 | 68.01 | 7.25 | 20.1 | 125.35 | 24.0 | -6.41 | 96.28 | 19.71 | 6.02 | 97.08 | 15.49 | -2.68 |
| 19Q4 (4) | 1.44 | -19.55 | 0.0 | 0.90 | 0.0 | 0.0 | 63.41 | 25.04 | 0.0 | 101.09 | -0.56 | 0.0 | 80.43 | 22.66 | 0.0 | 84.06 | -3.17 | 0.0 |
| 19Q3 (3) | 1.79 | -8.21 | 0.0 | 0.90 | 9.76 | 0.0 | 50.71 | 8.8 | 0.0 | 101.66 | -8.64 | 0.0 | 65.57 | 1.85 | 0.0 | 86.81 | -7.16 | 0.0 |
| 19Q2 (2) | 1.95 | 21.12 | 0.0 | 0.82 | 20.59 | 0.0 | 46.61 | -17.69 | 0.0 | 111.27 | -16.92 | 0.0 | 64.38 | -29.1 | 0.0 | 93.50 | -6.27 | 0.0 |
| 19Q1 (1) | 1.61 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | 56.63 | 0.0 | 0.0 | 133.93 | 0.0 | 0.0 | 90.81 | 0.0 | 0.0 | 99.75 | 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) | 5.39 | -22.67 | 2.73 | -6.83 | 67.77 | 29.41 | 133.58 | 7.39 | 73.60 | 19.69 | 127.74 | 10.81 |
| 2022 (9) | 6.97 | 35.87 | 2.93 | 2.45 | 52.37 | -26.34 | 124.39 | -2.48 | 61.49 | -28.85 | 115.28 | 2.72 |
| 2021 (8) | 5.13 | -11.55 | 2.86 | -36.16 | 71.10 | 12.98 | 127.55 | 56.66 | 86.42 | 15.49 | 112.23 | 61.44 |
| 2020 (7) | 5.80 | 18.37 | 4.48 | 49.33 | 62.93 | -15.54 | 81.42 | -33.11 | 74.83 | -24.7 | 69.52 | -28.23 |
| 2019 (6) | 4.90 | -19.54 | 3.00 | -21.05 | 74.51 | 24.27 | 121.72 | 26.77 | 99.37 | 22.74 | 96.86 | 29.1 |
| 2018 (5) | 6.09 | 5.55 | 3.80 | -23.39 | 59.96 | -5.26 | 96.02 | 30.59 | 80.96 | 5.18 | 75.03 | 25.36 |
| 2017 (4) | 5.77 | -0.17 | 4.96 | -7.98 | 63.29 | 0.24 | 73.53 | 8.61 | 76.97 | 12.07 | 59.85 | -3.73 |
| 2016 (3) | 5.78 | 17.48 | 5.39 | 4.66 | 63.14 | -14.94 | 67.70 | -4.46 | 68.68 | 5.94 | 62.17 | -22.54 |
| 2015 (2) | 4.92 | 21.18 | 5.15 | 8.19 | 74.23 | -17.34 | 70.86 | -7.59 | 64.83 | -18.36 | 80.26 | -7.82 |
| 2014 (1) | 4.06 | 0.0 | 4.76 | -6.48 | 89.80 | -0.08 | 76.68 | 6.84 | 79.41 | 0.2 | 87.07 | 5.68 |
