- 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) | 0.92 | 15.0 | 4.55 | 1.93 | 28.67 | 9.66 | 99.05 | -13.17 | -3.86 | 47.13 | -22.14 | -9.03 | 59.99 | -14.02 | -14.18 | 86.19 | -17.79 | 1.47 |
| 23Q3 (19) | 0.80 | -13.04 | -10.11 | 1.50 | -26.83 | -27.88 | 114.08 | 15.75 | 11.18 | 60.53 | 36.48 | 38.48 | 69.77 | 27.78 | 15.49 | 104.84 | 18.72 | 22.05 |
| 23Q2 (18) | 0.92 | 12.2 | -4.17 | 2.05 | 12.02 | -2.38 | 98.56 | -10.72 | 4.41 | 44.35 | -10.66 | 2.19 | 54.60 | -15.86 | -10.78 | 88.31 | -7.18 | 15.29 |
| 23Q1 (17) | 0.82 | -6.82 | -3.53 | 1.83 | 3.98 | -1.61 | 110.39 | 7.14 | 3.55 | 49.64 | -4.19 | 1.62 | 64.89 | -7.17 | -16.56 | 95.14 | 12.01 | 22.45 |
| 22Q4 (16) | 0.88 | -1.12 | -10.2 | 1.76 | -15.38 | -34.57 | 103.03 | 0.41 | 10.75 | 51.81 | 18.53 | 53.24 | 69.90 | 15.71 | 10.57 | 84.94 | -1.12 | 33.51 |
| 22Q3 (15) | 0.89 | -7.29 | -19.82 | 2.08 | -0.95 | -25.18 | 102.61 | 8.7 | 25.3 | 43.71 | 0.71 | 33.38 | 60.41 | -1.29 | -3.97 | 85.90 | 12.14 | 66.02 |
| 22Q2 (14) | 0.96 | 12.94 | -11.11 | 2.10 | 12.9 | -14.98 | 94.40 | -11.45 | 11.91 | 43.40 | -11.16 | 17.62 | 61.20 | -21.31 | -9.41 | 76.60 | -1.42 | 42.67 |
| 22Q1 (13) | 0.85 | -13.27 | -12.37 | 1.86 | -30.86 | -20.17 | 106.61 | 14.6 | 13.64 | 48.85 | 44.48 | 25.1 | 77.77 | 23.01 | 8.38 | 77.70 | 22.13 | 27.17 |
| 21Q4 (12) | 0.98 | -11.71 | -5.77 | 2.69 | -3.24 | 0.0 | 93.03 | 13.6 | 6.64 | 33.81 | 3.17 | -0.03 | 63.22 | 0.49 | -9.26 | 63.62 | 22.96 | 23.8 |
| 21Q3 (11) | 1.11 | 2.78 | -3.48 | 2.78 | 12.55 | -22.56 | 81.89 | -2.92 | 3.27 | 32.77 | -11.19 | 29.12 | 62.91 | -6.88 | -2.74 | 51.74 | -3.63 | 29.35 |
| 21Q2 (10) | 1.08 | 11.34 | -14.96 | 2.47 | 6.01 | -42.42 | 84.35 | -10.08 | 17.91 | 36.90 | -5.51 | 73.97 | 67.56 | -5.85 | 22.46 | 53.69 | -12.13 | 42.87 |
| 21Q1 (9) | 0.97 | -6.73 | -10.19 | 2.33 | -13.38 | -15.27 | 93.81 | 7.53 | 11.37 | 39.05 | 15.46 | 18.19 | 71.76 | 3.0 | 20.18 | 61.10 | 18.89 | 6.15 |
| 20Q4 (8) | 1.04 | -9.57 | 16.85 | 2.69 | -25.07 | 7.6 | 87.24 | 10.01 | -14.8 | 33.82 | 33.25 | -7.16 | 69.67 | 7.71 | -3.05 | 51.39 | 28.48 | -23.25 |
| 20Q3 (7) | 1.15 | -9.45 | 5.5 | 3.59 | -16.32 | 6.85 | 79.30 | 10.85 | -4.58 | 25.38 | 19.66 | -6.14 | 64.68 | 17.24 | 7.28 | 40.00 | 6.44 | -19.79 |
| 20Q2 (6) | 1.27 | 17.59 | 17.59 | 4.29 | 56.0 | 47.93 | 71.54 | -15.07 | -15.12 | 21.21 | -35.81 | -32.41 | 55.17 | -7.6 | -9.87 | 37.58 | -34.71 | -30.97 |
| 20Q1 (5) | 1.08 | 21.35 | 14.89 | 2.75 | 10.0 | 6.18 | 84.23 | -17.74 | -12.7 | 33.04 | -9.31 | -6.06 | 59.71 | -16.91 | -11.51 | 57.56 | -14.04 | -10.3 |
| 19Q4 (4) | 0.89 | -18.35 | 0.0 | 2.50 | -25.6 | 0.0 | 102.39 | 23.2 | 0.0 | 36.43 | 34.73 | 0.0 | 71.86 | 19.19 | 0.0 | 66.96 | 34.27 | 0.0 |
| 19Q3 (3) | 1.09 | 0.93 | 0.0 | 3.36 | 15.86 | 0.0 | 83.11 | -1.39 | 0.0 | 27.04 | -13.83 | 0.0 | 60.29 | -1.5 | 0.0 | 49.87 | -8.39 | 0.0 |
| 19Q2 (2) | 1.08 | 14.89 | 0.0 | 2.90 | 11.97 | 0.0 | 84.28 | -12.65 | 0.0 | 31.38 | -10.78 | 0.0 | 61.21 | -9.29 | 0.0 | 54.44 | -15.16 | 0.0 |
| 19Q1 (1) | 0.94 | 0.0 | 0.0 | 2.59 | 0.0 | 0.0 | 96.48 | 0.0 | 0.0 | 35.17 | 0.0 | 0.0 | 67.48 | 0.0 | 0.0 | 64.17 | 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) | 3.35 | -6.16 | 7.22 | -13.43 | 109.08 | 6.62 | 50.59 | 15.61 | 70.62 | 3.7 | 89.04 | 14.2 |
| 2022 (9) | 3.57 | -13.35 | 8.34 | -18.95 | 102.31 | 15.37 | 43.76 | 23.37 | 68.10 | 2.25 | 77.97 | 35.46 |
| 2021 (8) | 4.12 | -11.02 | 10.29 | 1.38 | 88.68 | 12.52 | 35.47 | -1.34 | 66.60 | 3.77 | 57.56 | 13.8 |
| 2020 (7) | 4.63 | 12.65 | 10.15 | -3.24 | 78.81 | -11.17 | 35.95 | 3.27 | 64.18 | 2.97 | 50.58 | -17.37 |
| 2019 (6) | 4.11 | -7.01 | 10.49 | -7.98 | 88.72 | 7.34 | 34.81 | 8.71 | 62.33 | -1.2 | 61.21 | 18.65 |
| 2018 (5) | 4.42 | 0.23 | 11.40 | 25.14 | 82.65 | -0.24 | 32.02 | -20.11 | 63.09 | -10.62 | 51.59 | -1.45 |
| 2017 (4) | 4.41 | -0.9 | 9.11 | 14.02 | 82.85 | 1.05 | 40.08 | -12.24 | 70.59 | 3.28 | 52.35 | -11.73 |
| 2016 (3) | 4.45 | 5.95 | 7.99 | 10.51 | 81.99 | -5.6 | 45.67 | -9.55 | 68.35 | 3.31 | 59.31 | -16.68 |
| 2015 (2) | 4.20 | -71.85 | 7.23 | -70.89 | 86.85 | 255.07 | 50.49 | 243.47 | 66.16 | 300.73 | 71.18 | 214.26 |
| 2014 (1) | 14.92 | 360.49 | 24.84 | 1235.48 | 24.46 | -78.3 | 14.70 | -92.52 | 16.51 | -92.48 | 22.65 | -74.74 |
