- 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) | 1.60 | -1.84 | 25.0 | 1.41 | -8.44 | 0.71 | 56.79 | 1.47 | -19.91 | 64.44 | 9.16 | -1.21 | 74.87 | 1.15 | 14.9 | 46.36 | 13.13 | -34.69 |
| 23Q3 (19) | 1.63 | -6.32 | 48.18 | 1.54 | -4.35 | 22.22 | 55.97 | 7.26 | -32.31 | 59.03 | 4.68 | -17.96 | 74.02 | 10.21 | -1.1 | 40.98 | -1.06 | -48.65 |
| 23Q2 (18) | 1.74 | 19.18 | 53.98 | 1.61 | 15.83 | 24.81 | 52.18 | -16.31 | -35.26 | 56.39 | -13.9 | -20.01 | 67.16 | -3.97 | -19.97 | 41.42 | -28.46 | -38.34 |
| 23Q1 (17) | 1.46 | 14.06 | 23.73 | 1.39 | -0.71 | -9.74 | 62.35 | -12.07 | -19.02 | 65.49 | 0.4 | 10.57 | 69.94 | 7.34 | -13.02 | 57.90 | -18.43 | 3.74 |
| 22Q4 (16) | 1.28 | 16.36 | 3.23 | 1.40 | 11.11 | -20.0 | 70.91 | -14.25 | -3.29 | 65.23 | -9.34 | 25.47 | 65.16 | -12.93 | -12.43 | 70.98 | -11.05 | 39.48 |
| 22Q3 (15) | 1.10 | -2.65 | -23.08 | 1.26 | -2.33 | -29.21 | 82.69 | 2.59 | 30.22 | 71.95 | 2.06 | 41.05 | 74.84 | -10.82 | -0.65 | 79.80 | 18.79 | 103.68 |
| 22Q2 (14) | 1.13 | -4.24 | -26.62 | 1.29 | -16.23 | -32.11 | 80.60 | 4.69 | 36.77 | 70.50 | 19.03 | 47.37 | 83.92 | 4.37 | 16.43 | 67.18 | 20.37 | 93.71 |
| 22Q1 (13) | 1.18 | -4.84 | -22.88 | 1.54 | -12.0 | -24.14 | 76.99 | 5.01 | 29.13 | 59.23 | 13.93 | 31.97 | 80.41 | 8.06 | 18.15 | 55.81 | 9.67 | 53.2 |
| 21Q4 (12) | 1.24 | -13.29 | -15.07 | 1.75 | -1.69 | -11.62 | 73.32 | 15.46 | 17.75 | 51.99 | 1.92 | 13.22 | 74.41 | -1.22 | -2.12 | 50.89 | 29.89 | 58.19 |
| 21Q3 (11) | 1.43 | -7.14 | -5.92 | 1.78 | -6.32 | -11.44 | 63.50 | 7.75 | 6.17 | 51.01 | 6.63 | 12.75 | 75.33 | 4.51 | 2.06 | 39.18 | 12.98 | 25.42 |
| 21Q2 (10) | 1.54 | 0.65 | -9.41 | 1.90 | -6.4 | 3.26 | 58.93 | -1.16 | 10.4 | 47.84 | 6.6 | -3.51 | 72.08 | 5.91 | 4.0 | 34.68 | -4.8 | 3.06 |
| 21Q1 (9) | 1.53 | 4.79 | 17.69 | 2.03 | 2.53 | 30.13 | 59.62 | -4.26 | -14.84 | 44.88 | -2.26 | -23.22 | 68.06 | -10.47 | -20.92 | 36.43 | 13.24 | -14.08 |
| 20Q4 (8) | 1.46 | -3.95 | 0.0 | 1.98 | -1.49 | -4.81 | 62.27 | 4.11 | -0.43 | 45.92 | 1.5 | 4.79 | 76.02 | 2.99 | 9.32 | 32.17 | 2.98 | -12.65 |
| 20Q3 (7) | 1.52 | -10.59 | 14.29 | 2.01 | 9.24 | 10.44 | 59.81 | 12.05 | -12.6 | 45.24 | -8.75 | -9.39 | 73.81 | 6.49 | -1.87 | 31.24 | -7.16 | -27.58 |
| 20Q2 (6) | 1.70 | 30.77 | 18.88 | 1.84 | 17.95 | 1.1 | 53.38 | -23.75 | -15.95 | 49.58 | -15.18 | -0.88 | 69.31 | -19.46 | -9.56 | 33.65 | -20.64 | -8.78 |
| 20Q1 (5) | 1.30 | -10.96 | -2.26 | 1.56 | -25.0 | -16.13 | 70.01 | 11.94 | 2.13 | 58.45 | 33.39 | 19.24 | 86.06 | 23.76 | 5.69 | 42.40 | 15.12 | 17.32 |
| 19Q4 (4) | 1.46 | 9.77 | 0.0 | 2.08 | 14.29 | 0.0 | 62.54 | -8.61 | 0.0 | 43.82 | -12.24 | 0.0 | 69.54 | -7.55 | 0.0 | 36.83 | -14.63 | 0.0 |
| 19Q3 (3) | 1.33 | -6.99 | 0.0 | 1.82 | 0.0 | 0.0 | 68.43 | 7.75 | 0.0 | 49.93 | -0.18 | 0.0 | 75.22 | -1.85 | 0.0 | 43.14 | 16.94 | 0.0 |
| 19Q2 (2) | 1.43 | 7.52 | 0.0 | 1.82 | -2.15 | 0.0 | 63.51 | -7.35 | 0.0 | 50.02 | 2.04 | 0.0 | 76.64 | -5.88 | 0.0 | 36.89 | 2.08 | 0.0 |
| 19Q1 (1) | 1.33 | 0.0 | 0.0 | 1.86 | 0.0 | 0.0 | 68.55 | 0.0 | 0.0 | 49.02 | 0.0 | 0.0 | 81.43 | 0.0 | 0.0 | 36.14 | 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) | 6.66 | 42.0 | 5.71 | -8.2 | 54.82 | -29.61 | 63.92 | 8.87 | 67.49 | -6.58 | 51.25 | -20.37 |
| 2022 (9) | 4.69 | -23.62 | 6.22 | -16.84 | 77.88 | 31.04 | 58.71 | 20.31 | 72.24 | 0.28 | 64.36 | 77.84 |
| 2021 (8) | 6.14 | 7.53 | 7.48 | -6.85 | 59.43 | -7.0 | 48.80 | 7.32 | 72.04 | -1.88 | 36.19 | 0.7 |
| 2020 (7) | 5.71 | 4.96 | 8.03 | -1.11 | 63.90 | -4.7 | 45.47 | 1.2 | 73.42 | -5.91 | 35.94 | 5.83 |
| 2019 (6) | 5.44 | 6.46 | 8.12 | -1.81 | 67.05 | -6.05 | 44.93 | 1.74 | 78.03 | -0.42 | 33.96 | -8.64 |
| 2018 (5) | 5.11 | -4.13 | 8.27 | -14.83 | 71.37 | 4.24 | 44.16 | 17.45 | 78.36 | 1.25 | 37.17 | 29.56 |
| 2017 (4) | 5.33 | 7.03 | 9.71 | -0.31 | 68.47 | -6.56 | 37.60 | 0.32 | 77.39 | -5.75 | 28.69 | 0.14 |
| 2016 (3) | 4.98 | -12.48 | 9.74 | -1.81 | 73.28 | 14.3 | 37.48 | 1.9 | 82.11 | 1.57 | 28.65 | 42.89 |
| 2015 (2) | 5.69 | -3.4 | 9.92 | 10.59 | 64.11 | 3.5 | 36.78 | -9.59 | 80.84 | 8.52 | 20.05 | -28.72 |
| 2014 (1) | 5.89 | 5.75 | 8.97 | 7.81 | 61.94 | -5.41 | 40.68 | -7.31 | 74.49 | -7.25 | 28.13 | -3.23 |
