- 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) | 4.11 | 23.05 | 16.1 | 0.91 | 16.67 | 26.39 | 22.14 | -18.66 | -13.92 | 100.31 | -14.05 | -20.78 | 34.02 | -10.26 | -33.04 | 88.43 | -16.59 | -12.91 |
| 23Q3 (19) | 3.34 | 1.21 | 5.7 | 0.78 | 1.3 | 9.86 | 27.22 | -1.27 | -5.35 | 116.71 | -1.47 | -9.02 | 37.91 | 6.4 | -32.6 | 106.02 | -3.96 | 5.19 |
| 23Q2 (18) | 3.30 | -0.3 | 22.22 | 0.77 | 11.59 | 26.23 | 27.57 | 0.44 | -18.34 | 118.45 | -10.24 | -20.52 | 35.63 | -18.13 | -54.4 | 110.39 | -4.75 | 5.46 |
| 23Q1 (17) | 3.31 | -6.5 | 40.25 | 0.69 | -4.17 | -12.66 | 27.45 | 6.73 | -28.96 | 131.97 | 4.22 | 15.19 | 43.52 | -14.35 | -41.95 | 115.90 | 14.14 | 48.13 |
| 22Q4 (16) | 3.54 | 12.03 | 74.38 | 0.72 | 1.41 | -28.0 | 25.72 | -10.57 | -42.68 | 126.63 | -1.29 | 39.52 | 50.81 | -9.67 | -26.61 | 101.54 | 0.74 | 52.92 |
| 22Q3 (15) | 3.16 | 17.04 | 45.62 | 0.71 | 16.39 | -37.17 | 28.76 | -14.81 | -31.54 | 128.28 | -13.93 | 58.66 | 56.25 | -28.0 | -20.54 | 100.79 | -3.71 | 93.57 |
| 22Q2 (14) | 2.70 | 14.41 | 9.76 | 0.61 | -22.78 | -46.96 | 33.76 | -12.63 | -8.88 | 149.04 | 30.09 | 88.66 | 78.13 | 4.22 | 10.87 | 104.67 | 33.78 | 129.64 |
| 22Q1 (13) | 2.36 | 16.26 | -9.23 | 0.79 | -21.0 | -32.48 | 38.64 | -13.88 | 10.53 | 114.57 | 26.23 | 46.98 | 74.97 | 8.29 | 9.17 | 78.24 | 17.83 | 76.85 |
| 21Q4 (12) | 2.03 | -6.45 | -19.44 | 1.00 | -11.5 | -11.5 | 44.87 | 6.81 | 24.4 | 90.76 | 12.26 | 12.22 | 69.23 | -2.2 | 2.62 | 66.40 | 27.52 | 34.2 |
| 21Q3 (11) | 2.17 | -11.79 | -9.96 | 1.13 | -1.74 | 2.73 | 42.01 | 13.39 | 11.34 | 80.85 | 2.34 | -2.53 | 70.79 | 0.45 | 10.25 | 52.07 | 14.24 | -7.79 |
| 21Q2 (10) | 2.46 | -5.38 | 7.42 | 1.15 | -1.71 | 8.49 | 37.05 | 5.98 | -6.63 | 79.00 | 1.35 | -8.03 | 70.47 | 2.62 | -4.41 | 45.58 | 3.03 | -12.13 |
| 21Q1 (9) | 2.60 | 3.17 | 53.85 | 1.17 | 3.54 | 12.5 | 34.96 | -3.08 | -35.22 | 77.95 | -3.62 | -10.85 | 68.67 | 1.79 | -21.3 | 44.24 | -10.59 | -18.3 |
| 20Q4 (8) | 2.52 | 4.56 | 29.9 | 1.13 | 2.73 | -7.38 | 36.07 | -4.4 | -22.94 | 80.88 | -2.5 | 8.23 | 67.46 | 5.06 | -6.2 | 49.48 | -12.38 | -0.28 |
| 20Q3 (7) | 2.41 | 5.24 | 33.15 | 1.10 | 3.77 | 18.28 | 37.73 | -4.91 | -24.89 | 82.95 | -3.43 | -15.23 | 64.21 | -12.9 | -15.51 | 56.47 | 8.87 | -21.65 |
| 20Q2 (6) | 2.29 | 35.5 | 25.82 | 1.06 | 1.92 | 23.26 | 39.68 | -26.48 | -20.56 | 85.90 | -1.76 | -19.04 | 73.72 | -15.52 | 7.04 | 51.87 | -4.21 | -40.5 |
| 20Q1 (5) | 1.69 | -12.89 | 0.6 | 1.04 | -14.75 | 23.81 | 53.97 | 15.3 | -0.42 | 87.44 | 17.01 | -19.41 | 87.26 | 21.33 | 36.84 | 54.15 | 9.13 | -45.26 |
| 19Q4 (4) | 1.94 | 7.18 | 0.0 | 1.22 | 31.18 | 0.0 | 46.81 | -6.81 | 0.0 | 74.73 | -23.63 | 0.0 | 71.92 | -5.37 | 0.0 | 49.62 | -31.15 | 0.0 |
| 19Q3 (3) | 1.81 | -0.55 | 0.0 | 0.93 | 8.14 | 0.0 | 50.23 | 0.56 | 0.0 | 97.85 | -7.78 | 0.0 | 76.00 | 10.35 | 0.0 | 72.07 | -17.33 | 0.0 |
| 19Q2 (2) | 1.82 | 8.33 | 0.0 | 0.86 | 2.38 | 0.0 | 49.95 | -7.84 | 0.0 | 106.10 | -2.21 | 0.0 | 68.87 | 8.0 | 0.0 | 87.18 | -11.88 | 0.0 |
| 19Q1 (1) | 1.68 | 0.0 | 0.0 | 0.84 | 0.0 | 0.0 | 54.20 | 0.0 | 0.0 | 108.50 | 0.0 | 0.0 | 63.77 | 0.0 | 0.0 | 98.93 | 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) | 14.83 | 33.84 | 3.00 | -3.85 | 24.62 | -25.26 | 121.72 | 3.96 | 45.08 | -26.34 | 101.26 | 14.01 |
| 2022 (9) | 11.08 | 19.91 | 3.12 | -21.61 | 32.94 | -16.57 | 117.08 | 27.58 | 61.20 | -15.66 | 88.82 | 51.31 |
| 2021 (8) | 9.24 | 3.59 | 3.98 | -15.14 | 39.48 | -3.54 | 91.77 | 17.94 | 72.56 | -5.55 | 58.70 | 40.03 |
| 2020 (7) | 8.92 | 44.81 | 4.69 | 24.4 | 40.93 | -30.98 | 77.81 | -19.63 | 76.82 | -3.5 | 41.92 | -45.2 |
| 2019 (6) | 6.16 | -4.94 | 3.77 | -10.24 | 59.30 | 5.22 | 96.81 | 11.3 | 79.61 | 11.4 | 76.50 | 6.43 |
| 2018 (5) | 6.48 | 28.06 | 4.20 | -9.48 | 56.36 | -21.92 | 86.98 | 10.68 | 71.46 | -24.96 | 71.88 | 29.42 |
| 2017 (4) | 5.06 | -27.3 | 4.64 | -42.65 | 72.18 | 37.64 | 78.59 | 74.18 | 95.23 | 20.59 | 55.54 | 198.92 |
| 2016 (3) | 6.96 | 3.57 | 8.09 | 26.41 | 52.44 | -3.5 | 45.12 | -20.9 | 78.97 | -24.5 | 18.58 | 174.04 |
| 2015 (2) | 6.72 | 7.18 | 6.40 | -8.05 | 54.34 | -6.65 | 57.04 | 8.77 | 104.60 | 23.16 | 6.78 | -73.65 |
| 2014 (1) | 6.27 | 75.63 | 6.96 | 30.09 | 58.21 | -43.07 | 52.44 | -23.1 | 84.93 | -16.88 | 25.73 | -62.3 |
