- 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) | 1.09 | 9.0 | 23.86 | 0.67 | -12.99 | 24.07 | 83.70 | -7.96 | -18.7 | 136.07 | 15.16 | -19.88 | 60.20 | 4.22 | -10.1 | 159.57 | 5.44 | -22.47 |
| 23Q3 (19) | 1.00 | -31.97 | 0.0 | 0.77 | -23.0 | -11.49 | 90.94 | 46.91 | -0.43 | 118.16 | 30.15 | 12.59 | 57.76 | 44.62 | 8.16 | 151.34 | 34.24 | 5.92 |
| 23Q2 (18) | 1.47 | 5.76 | 38.68 | 1.00 | 53.85 | 8.7 | 61.90 | -5.54 | -28.09 | 90.79 | -35.18 | -7.98 | 39.94 | -16.34 | -28.53 | 112.74 | -28.57 | -12.51 |
| 23Q1 (17) | 1.39 | 57.95 | 17.8 | 0.65 | 20.37 | -30.85 | 65.53 | -36.35 | -14.77 | 140.06 | -17.53 | 44.85 | 47.74 | -28.7 | -12.47 | 157.84 | -23.31 | 32.59 |
| 22Q4 (16) | 0.88 | -12.0 | -30.16 | 0.54 | -37.93 | -44.33 | 102.95 | 12.72 | 42.73 | 169.83 | 61.82 | 80.86 | 66.96 | 25.39 | 41.56 | 205.82 | 44.05 | 73.37 |
| 22Q3 (15) | 1.00 | -5.66 | -6.54 | 0.87 | -5.43 | -7.45 | 91.33 | 6.1 | 7.46 | 104.95 | 6.38 | 7.86 | 53.40 | -4.44 | 1.95 | 142.88 | 10.88 | 9.98 |
| 22Q2 (14) | 1.06 | -10.17 | -17.83 | 0.92 | -2.13 | -13.21 | 86.08 | 11.95 | 21.65 | 98.66 | 2.04 | 14.85 | 55.88 | 2.46 | 6.18 | 128.86 | 8.25 | 23.87 |
| 22Q1 (13) | 1.18 | -6.35 | 0.0 | 0.94 | -3.09 | 2.17 | 76.89 | 6.6 | -0.53 | 96.69 | 2.97 | -1.89 | 54.54 | 15.31 | -11.49 | 119.04 | 0.27 | 4.21 |
| 21Q4 (12) | 1.26 | 17.76 | -5.26 | 0.97 | 3.19 | -5.83 | 72.13 | -15.13 | 5.36 | 93.90 | -3.49 | 5.96 | 47.30 | -9.7 | 9.26 | 118.72 | -8.61 | 4.32 |
| 21Q3 (11) | 1.07 | -17.05 | -14.4 | 0.94 | -11.32 | 28.77 | 84.99 | 20.11 | 16.58 | 97.30 | 13.27 | -21.7 | 52.38 | -0.48 | 34.79 | 129.91 | 24.88 | -17.93 |
| 21Q2 (10) | 1.29 | 9.32 | 41.76 | 1.06 | 15.22 | 89.29 | 70.76 | -8.46 | -28.93 | 85.90 | -12.84 | -47.26 | 52.63 | -14.59 | -4.2 | 104.03 | -8.93 | -49.87 |
| 21Q1 (9) | 1.18 | -11.28 | 26.88 | 0.92 | -10.68 | 31.43 | 77.30 | 12.91 | -20.96 | 98.55 | 11.21 | -23.75 | 61.62 | 42.34 | 3.32 | 114.23 | 0.38 | -31.76 |
| 20Q4 (8) | 1.33 | 6.4 | 11.76 | 1.03 | 41.1 | 4.04 | 68.46 | -6.09 | -10.68 | 88.62 | -28.68 | -3.96 | 43.29 | 11.4 | -13.83 | 113.80 | -28.11 | -4.11 |
| 20Q3 (7) | 1.25 | 37.36 | 28.87 | 0.73 | 30.36 | -17.98 | 72.90 | -26.78 | -22.6 | 124.26 | -23.71 | 22.06 | 38.86 | -29.27 | -34.72 | 158.29 | -23.72 | 15.99 |
| 20Q2 (6) | 0.91 | -2.15 | -18.02 | 0.56 | -20.0 | -51.72 | 99.56 | 1.8 | 20.97 | 162.88 | 26.03 | 107.38 | 54.94 | -7.88 | 11.58 | 207.50 | 23.95 | 85.95 |
| 20Q1 (5) | 0.93 | -21.85 | -12.26 | 0.70 | -29.29 | -41.67 | 97.80 | 27.59 | 13.54 | 129.24 | 40.07 | 70.77 | 59.64 | 18.71 | 21.86 | 167.40 | 41.05 | 48.3 |
| 19Q4 (4) | 1.19 | 22.68 | 0.0 | 0.99 | 11.24 | 0.0 | 76.65 | -18.62 | 0.0 | 92.27 | -9.36 | 0.0 | 50.24 | -15.61 | 0.0 | 118.68 | -13.04 | 0.0 |
| 19Q3 (3) | 0.97 | -12.61 | 0.0 | 0.89 | -23.28 | 0.0 | 94.19 | 14.45 | 0.0 | 101.80 | 29.62 | 0.0 | 59.53 | 20.9 | 0.0 | 136.47 | 22.3 | 0.0 |
| 19Q2 (2) | 1.11 | 4.72 | 0.0 | 1.16 | -3.33 | 0.0 | 82.30 | -4.46 | 0.0 | 78.54 | 3.78 | 0.0 | 49.24 | 0.61 | 0.0 | 111.59 | -1.14 | 0.0 |
| 19Q1 (1) | 1.06 | 0.0 | 0.0 | 1.20 | 0.0 | 0.0 | 86.14 | 0.0 | 0.0 | 75.68 | 0.0 | 0.0 | 48.94 | 0.0 | 0.0 | 112.88 | 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) | 5.95 | 4.75 | 2.99 | -11.01 | 61.35 | -4.44 | 121.88 | 12.13 | 41.91 | -5.33 | 141.32 | 9.87 |
| 2022 (9) | 5.68 | 15.21 | 3.36 | -17.65 | 64.20 | -13.24 | 108.70 | 21.38 | 44.27 | -13.16 | 128.63 | 14.26 |
| 2021 (8) | 4.93 | 43.73 | 4.08 | 33.33 | 74.00 | -30.41 | 89.55 | -25.03 | 50.98 | -26.83 | 112.58 | -27.88 |
| 2020 (7) | 3.43 | -17.94 | 3.06 | -29.98 | 106.33 | 21.76 | 119.44 | 42.94 | 69.67 | 38.07 | 156.10 | 29.62 |
| 2019 (6) | 4.18 | 0.72 | 4.37 | -14.98 | 87.33 | -0.73 | 83.56 | 17.77 | 50.46 | 14.86 | 120.43 | 4.73 |
| 2018 (5) | 4.15 | -7.16 | 5.14 | 7.53 | 87.97 | 7.79 | 70.95 | -7.05 | 43.93 | 2.02 | 114.99 | 0.1 |
| 2017 (4) | 4.47 | -11.83 | 4.78 | -1.44 | 81.61 | 13.44 | 76.33 | 1.53 | 43.06 | 2.43 | 114.88 | 9.32 |
| 2016 (3) | 5.07 | 9.03 | 4.85 | 0.83 | 71.94 | -8.38 | 75.18 | -0.94 | 42.04 | -13.96 | 105.09 | -0.44 |
| 2015 (2) | 4.65 | -8.64 | 4.81 | -0.41 | 78.52 | 9.59 | 75.89 | 0.33 | 48.86 | 19.49 | 105.55 | -0.79 |
| 2014 (1) | 5.09 | -0.97 | 4.83 | 10.53 | 71.65 | 0.8 | 75.64 | -9.37 | 40.89 | 23.65 | 106.39 | -12.41 |
