- 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) | 3.13 | 14.23 | 5.03 | 0.88 | 14.29 | -6.38 | 29.03 | -12.45 | -5.1 | 102.93 | -13.44 | 6.82 | 30.89 | -16.2 | -35.7 | 101.07 | -12.27 | 28.08 |
| 23Q3 (19) | 2.74 | 10.04 | -5.19 | 0.77 | 13.24 | -12.5 | 33.16 | -9.13 | 5.37 | 118.91 | -11.08 | 15.64 | 36.86 | -10.58 | -35.9 | 115.21 | -10.69 | 50.01 |
| 23Q2 (18) | 2.49 | 2.05 | -27.41 | 0.68 | 3.03 | -31.31 | 36.49 | -2.3 | 37.44 | 133.73 | -3.44 | 45.31 | 41.22 | -16.71 | -13.86 | 129.00 | 2.1 | 82.38 |
| 23Q1 (17) | 2.44 | -18.12 | -21.79 | 0.66 | -29.79 | -34.0 | 37.35 | 22.1 | 28.09 | 138.49 | 43.72 | 52.54 | 49.49 | 3.02 | -2.75 | 126.35 | 60.12 | 82.96 |
| 22Q4 (16) | 2.98 | 3.11 | -17.45 | 0.94 | 6.82 | -25.98 | 30.59 | -2.8 | 21.24 | 96.36 | -6.29 | 34.37 | 48.04 | -16.45 | 7.54 | 78.91 | 2.75 | 50.97 |
| 22Q3 (15) | 2.89 | -15.74 | -3.34 | 0.88 | -11.11 | -17.76 | 31.47 | 18.53 | 3.45 | 102.83 | 11.74 | 20.82 | 57.50 | 20.17 | 3.31 | 76.80 | 8.58 | 28.3 |
| 22Q2 (14) | 3.43 | 9.94 | 20.35 | 0.99 | -1.0 | -34.87 | 26.55 | -8.95 | -16.8 | 92.03 | 1.37 | 53.61 | 47.85 | -5.97 | 13.52 | 70.73 | 2.42 | 42.4 |
| 22Q1 (13) | 3.12 | -13.57 | 8.33 | 1.00 | -21.26 | -31.03 | 29.16 | 15.58 | -7.78 | 90.79 | 26.61 | 44.59 | 50.89 | 13.92 | 28.87 | 69.06 | 32.12 | 25.75 |
| 21Q4 (12) | 3.61 | 20.74 | 7.12 | 1.27 | 18.69 | 0.0 | 25.23 | -17.06 | -6.49 | 71.71 | -15.74 | -0.14 | 44.67 | -19.74 | -15.17 | 52.27 | -12.68 | 13.31 |
| 21Q3 (11) | 2.99 | 4.91 | 3.1 | 1.07 | -29.61 | -21.32 | 30.42 | -4.67 | -2.94 | 85.11 | 42.06 | 26.78 | 55.66 | 32.05 | -3.9 | 59.86 | 20.52 | 47.62 |
| 21Q2 (10) | 2.85 | -1.04 | 33.8 | 1.52 | 4.83 | 28.81 | 31.91 | 0.92 | -25.3 | 59.91 | -4.59 | -22.37 | 42.15 | 6.74 | -32.96 | 49.67 | -9.56 | -12.89 |
| 21Q1 (9) | 2.88 | -14.54 | 31.51 | 1.45 | 14.17 | 4.32 | 31.62 | 17.2 | -24.05 | 62.79 | -12.56 | -3.77 | 39.49 | -25.01 | -23.17 | 54.92 | 19.05 | -1.01 |
| 20Q4 (8) | 3.37 | 16.21 | 27.65 | 1.27 | -6.62 | -11.19 | 26.98 | -13.91 | -21.8 | 71.81 | 6.97 | 13.21 | 52.66 | -9.08 | -22.8 | 46.13 | 13.76 | 55.22 |
| 20Q3 (7) | 2.90 | 36.15 | 33.03 | 1.36 | 15.25 | 3.03 | 31.34 | -26.64 | -25.06 | 67.13 | -13.01 | -2.84 | 57.92 | -7.87 | -33.77 | 40.55 | -28.88 | 72.85 |
| 20Q2 (6) | 2.13 | -2.74 | -18.39 | 1.18 | -15.11 | -14.49 | 42.72 | 2.62 | 22.62 | 77.17 | 18.27 | 17.14 | 62.87 | 22.32 | -6.21 | 57.02 | 2.78 | 69.25 |
| 20Q1 (5) | 2.19 | -17.05 | -30.7 | 1.39 | -2.8 | -0.71 | 41.63 | 20.67 | 44.65 | 65.25 | 2.87 | 0.66 | 51.40 | -24.64 | -14.75 | 55.48 | 86.68 | 66.56 |
| 19Q4 (4) | 2.64 | 21.1 | 0.0 | 1.43 | 8.33 | 0.0 | 34.50 | -17.5 | 0.0 | 63.43 | -8.19 | 0.0 | 68.21 | -22.0 | 0.0 | 29.72 | 26.68 | 0.0 |
| 19Q3 (3) | 2.18 | -16.48 | 0.0 | 1.32 | -4.35 | 0.0 | 41.82 | 20.03 | 0.0 | 69.09 | 4.87 | 0.0 | 87.45 | 30.46 | 0.0 | 23.46 | -30.37 | 0.0 |
| 19Q2 (2) | 2.61 | -17.41 | 0.0 | 1.38 | -1.43 | 0.0 | 34.84 | 21.06 | 0.0 | 65.88 | 1.64 | 0.0 | 67.03 | 11.18 | 0.0 | 33.69 | 1.14 | 0.0 |
| 19Q1 (1) | 3.16 | 0.0 | 0.0 | 1.40 | 0.0 | 0.0 | 28.78 | 0.0 | 0.0 | 64.82 | 0.0 | 0.0 | 60.29 | 0.0 | 0.0 | 33.31 | 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) | 10.52 | -1.22 | 3.20 | -4.76 | 34.70 | 1.28 | 114.04 | 4.94 | 46.68 | -16.88 | 102.07 | 17.63 |
| 2022 (9) | 10.65 | -5.25 | 3.36 | -24.15 | 34.26 | 5.55 | 108.67 | 31.79 | 56.16 | 4.43 | 86.77 | 41.92 |
| 2021 (8) | 11.24 | 7.35 | 4.43 | -19.45 | 32.46 | -6.91 | 82.46 | 24.3 | 53.78 | 7.84 | 61.14 | 19.09 |
| 2020 (7) | 10.47 | 13.8 | 5.50 | 17.02 | 34.87 | -12.12 | 66.34 | -14.52 | 49.87 | -28.97 | 51.34 | 9.05 |
| 2019 (6) | 9.20 | -37.54 | 4.70 | -39.59 | 39.68 | 60.13 | 77.61 | 65.41 | 70.21 | 27.28 | 47.08 | 184.64 |
| 2018 (5) | 14.73 | 3.08 | 7.78 | -18.7 | 24.78 | -2.98 | 46.92 | 23.02 | 55.16 | -9.37 | 16.54 | 484.45 |
| 2017 (4) | 14.29 | 9.25 | 9.57 | 1.48 | 25.54 | -8.46 | 38.14 | -1.47 | 60.86 | 19.29 | 2.83 | -81.86 |
| 2016 (3) | 13.08 | -1.58 | 9.43 | 22.31 | 27.90 | 1.57 | 38.71 | -18.28 | 51.02 | 52.07 | 15.60 | -62.22 |
| 2015 (2) | 13.29 | 26.21 | 7.71 | 6.34 | 27.47 | -20.72 | 47.37 | -5.96 | 33.55 | 13.92 | 41.29 | -25.7 |
| 2014 (1) | 10.53 | 57.87 | 7.25 | -1.36 | 34.65 | -36.68 | 50.37 | 1.37 | 29.45 | -30.59 | 55.57 | -10.33 |
