- 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) | 1.24 | 0.81 | -6.77 | 0.84 | -13.4 | 16.67 | 73.57 | -0.66 | 7.17 | 108.78 | 15.95 | -13.59 | 93.90 | 34.78 | 41.31 | 88.45 | -9.94 | -30.95 |
| 23Q3 (19) | 1.23 | -12.14 | -17.45 | 0.97 | 11.49 | 22.78 | 74.06 | 13.8 | 21.05 | 93.82 | -10.51 | -18.71 | 69.67 | 29.02 | 22.79 | 98.21 | -15.28 | -18.06 |
| 23Q2 (18) | 1.40 | 5.26 | -9.68 | 0.87 | 24.29 | 29.85 | 65.08 | -5.02 | 11.0 | 104.84 | -19.1 | -23.27 | 54.00 | -17.27 | -22.67 | 115.92 | -12.74 | -7.58 |
| 23Q1 (17) | 1.33 | 0.0 | -14.74 | 0.70 | -2.78 | 1.45 | 68.52 | -0.19 | 17.23 | 129.59 | 2.94 | -2.11 | 65.27 | -1.78 | -26.05 | 132.84 | 3.71 | 29.51 |
| 22Q4 (16) | 1.33 | -10.74 | -4.32 | 0.72 | -8.86 | -4.0 | 68.65 | 12.21 | 5.07 | 125.89 | 9.08 | 3.6 | 66.45 | 17.11 | -27.98 | 128.09 | 6.88 | 35.42 |
| 22Q3 (15) | 1.49 | -3.87 | 3.47 | 0.79 | 17.91 | -9.2 | 61.18 | 4.35 | -3.36 | 115.41 | -15.53 | 10.0 | 56.74 | -18.75 | -27.08 | 119.85 | -4.45 | 32.55 |
| 22Q2 (14) | 1.55 | -0.64 | 3.33 | 0.67 | -2.9 | -27.96 | 58.63 | 0.31 | -3.66 | 136.63 | 3.21 | 39.65 | 69.83 | -20.88 | -9.62 | 125.43 | 22.29 | 54.03 |
| 22Q1 (13) | 1.56 | 12.23 | 4.0 | 0.69 | -8.0 | -28.87 | 58.45 | -10.54 | -3.88 | 132.38 | 8.95 | 40.78 | 88.26 | -4.34 | 8.0 | 102.57 | 8.44 | 40.28 |
| 21Q4 (12) | 1.39 | -3.47 | -12.58 | 0.75 | -13.79 | -28.57 | 65.34 | 3.21 | 14.47 | 121.51 | 15.81 | 40.26 | 92.26 | 18.57 | 14.52 | 94.59 | 4.61 | 49.79 |
| 21Q3 (11) | 1.44 | -4.0 | -10.0 | 0.87 | -6.45 | -14.71 | 63.31 | 4.03 | 11.54 | 104.92 | 7.24 | 18.13 | 77.81 | 0.71 | 3.26 | 90.42 | 11.04 | 28.77 |
| 21Q2 (10) | 1.50 | 0.0 | -10.18 | 0.93 | -4.12 | -4.12 | 60.86 | 0.08 | 11.75 | 97.84 | 4.05 | 4.63 | 77.26 | -5.46 | 15.66 | 81.43 | 11.36 | 0.32 |
| 21Q1 (9) | 1.50 | -5.66 | 15.38 | 0.97 | -7.62 | 14.12 | 60.81 | 6.53 | -12.87 | 94.03 | 8.54 | -12.44 | 81.72 | 1.44 | 2.19 | 73.12 | 15.79 | -24.79 |
| 20Q4 (8) | 1.59 | -0.63 | 5.3 | 1.05 | 2.94 | 2.94 | 57.08 | 0.56 | -4.99 | 86.63 | -2.47 | -3.16 | 80.56 | 6.91 | 19.05 | 63.15 | -10.07 | -22.86 |
| 20Q3 (7) | 1.60 | -4.19 | 13.48 | 1.02 | 5.15 | 8.51 | 56.76 | 4.22 | -11.9 | 88.82 | -5.02 | -8.03 | 75.35 | 12.8 | 0.28 | 70.22 | -13.49 | -18.23 |
| 20Q2 (6) | 1.67 | 28.46 | 17.61 | 0.97 | 14.12 | 2.11 | 54.46 | -21.97 | -14.79 | 93.51 | -12.92 | -2.83 | 66.80 | -16.47 | -15.3 | 81.17 | -16.51 | -0.12 |
| 20Q1 (5) | 1.30 | -13.91 | -10.96 | 0.85 | -16.67 | -2.3 | 69.79 | 16.16 | 11.88 | 107.39 | 20.04 | 2.21 | 79.97 | 18.18 | -4.6 | 97.22 | 18.76 | 16.28 |
| 19Q4 (4) | 1.51 | 7.09 | 0.0 | 1.02 | 8.51 | 0.0 | 60.08 | -6.75 | 0.0 | 89.46 | -7.37 | 0.0 | 67.67 | -9.94 | 0.0 | 81.86 | -4.67 | 0.0 |
| 19Q3 (3) | 1.41 | -0.7 | 0.0 | 0.94 | -1.05 | 0.0 | 64.43 | 0.81 | 0.0 | 96.58 | 0.36 | 0.0 | 75.14 | -4.73 | 0.0 | 85.87 | 5.66 | 0.0 |
| 19Q2 (2) | 1.42 | -2.74 | 0.0 | 0.95 | 9.2 | 0.0 | 63.91 | 2.45 | 0.0 | 96.23 | -8.41 | 0.0 | 78.87 | -5.92 | 0.0 | 81.27 | -2.8 | 0.0 |
| 19Q1 (1) | 1.46 | 0.0 | 0.0 | 0.87 | 0.0 | 0.0 | 62.38 | 0.0 | 0.0 | 105.07 | 0.0 | 0.0 | 83.83 | 0.0 | 0.0 | 83.61 | 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) | 5.15 | -20.77 | 2.94 | -5.47 | 70.82 | 26.15 | 124.21 | 5.72 | 81.90 | -1.11 | 113.14 | 24.58 |
| 2022 (9) | 6.50 | 3.83 | 3.11 | -8.53 | 56.14 | -3.75 | 117.49 | 9.4 | 82.82 | -8.67 | 90.82 | 21.03 |
| 2021 (8) | 6.26 | 20.85 | 3.40 | -0.87 | 58.33 | -17.16 | 107.39 | 1.06 | 90.68 | -2.72 | 75.04 | -10.09 |
| 2020 (7) | 5.18 | -15.36 | 3.43 | -9.74 | 70.41 | 17.98 | 106.26 | 10.62 | 93.22 | 20.89 | 83.46 | 6.16 |
| 2019 (6) | 6.12 | 3.9 | 3.80 | 5.26 | 59.68 | -3.65 | 96.06 | -5.05 | 77.11 | -15.21 | 78.62 | 8.94 |
| 2018 (5) | 5.89 | 19.96 | 3.61 | -5.99 | 61.94 | -16.7 | 101.17 | 6.51 | 90.94 | -8.74 | 72.17 | 3.54 |
| 2017 (4) | 4.91 | 18.31 | 3.84 | -1.29 | 74.36 | -15.43 | 94.99 | 1.23 | 99.65 | 8.9 | 69.70 | -22.77 |
| 2016 (3) | 4.15 | 3.75 | 3.89 | -3.47 | 87.93 | -3.63 | 93.84 | 3.53 | 91.51 | 11.0 | 90.25 | -9.24 |
| 2015 (2) | 4.00 | -9.3 | 4.03 | -7.78 | 91.24 | 10.23 | 90.64 | 8.5 | 82.44 | 3.61 | 99.44 | 14.64 |
| 2014 (1) | 4.41 | 5.76 | 4.37 | 1.39 | 82.77 | -5.35 | 83.54 | -1.42 | 79.57 | -9.82 | 86.74 | 3.31 |
