- 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) | 0.78 | -25.0 | 9.86 | 1.04 | -31.58 | -0.95 | 116.38 | 32.66 | -8.89 | 87.55 | 46.14 | 0.83 | 93.68 | 41.3 | 20.74 | 110.25 | 35.54 | -19.51 |
| 23Q3 (19) | 1.04 | 16.85 | 28.4 | 1.52 | 23.58 | 25.62 | 87.73 | -14.55 | -22.23 | 59.91 | -19.15 | -20.53 | 66.30 | 2.19 | -9.39 | 81.34 | -27.3 | -29.28 |
| 23Q2 (18) | 0.89 | 17.11 | -3.26 | 1.23 | 14.95 | 0.0 | 102.67 | -13.72 | 3.32 | 74.10 | -13.26 | 0.53 | 64.88 | -7.16 | -10.68 | 111.88 | -16.85 | 11.39 |
| 23Q1 (17) | 0.76 | 7.04 | -7.32 | 1.07 | 1.9 | -7.76 | 119.00 | -6.83 | 7.06 | 85.43 | -1.61 | 8.8 | 69.88 | -9.94 | -13.54 | 134.55 | -1.77 | 23.61 |
| 22Q4 (16) | 0.71 | -12.35 | -21.11 | 1.05 | -13.22 | -19.85 | 127.73 | 13.24 | 26.17 | 86.83 | 15.17 | 24.58 | 77.59 | 6.04 | 3.95 | 136.97 | 19.08 | 42.23 |
| 22Q3 (15) | 0.81 | -11.96 | -10.99 | 1.21 | -1.63 | -9.02 | 112.80 | 13.52 | 13.4 | 75.39 | 2.28 | 10.43 | 73.17 | 0.73 | 4.41 | 115.02 | 14.52 | 17.78 |
| 22Q2 (14) | 0.92 | 12.2 | -6.12 | 1.23 | 6.03 | -4.65 | 99.37 | -10.6 | 7.05 | 73.71 | -6.13 | 4.79 | 72.64 | -10.12 | 3.08 | 100.44 | -7.73 | 8.35 |
| 22Q1 (13) | 0.82 | -8.89 | -7.87 | 1.16 | -11.45 | -0.85 | 111.15 | 9.79 | 8.39 | 78.52 | 12.65 | 1.34 | 80.82 | 8.28 | -1.37 | 108.85 | 13.03 | 10.96 |
| 21Q4 (12) | 0.90 | -1.1 | -12.62 | 1.31 | -1.5 | -2.24 | 101.24 | 1.78 | 14.33 | 69.70 | 2.09 | 2.27 | 74.64 | 6.51 | 6.46 | 96.30 | -1.39 | 11.21 |
| 21Q3 (11) | 0.91 | -7.14 | -14.95 | 1.33 | 3.1 | -2.92 | 99.47 | 7.15 | 17.27 | 68.27 | -2.94 | 2.54 | 70.08 | -0.55 | 18.18 | 97.66 | 5.35 | 6.03 |
| 21Q2 (10) | 0.98 | 10.11 | 4.26 | 1.29 | 10.26 | 7.5 | 92.83 | -9.48 | -3.64 | 70.34 | -9.22 | -7.17 | 70.47 | -14.0 | 4.28 | 92.70 | -5.5 | -11.32 |
| 21Q1 (9) | 0.89 | -13.59 | 18.67 | 1.17 | -12.69 | 2.63 | 102.55 | 15.81 | -15.56 | 77.48 | 13.69 | -3.09 | 81.94 | 16.87 | -0.17 | 98.10 | 13.29 | -17.78 |
| 20Q4 (8) | 1.03 | -3.74 | 15.73 | 1.34 | -2.19 | -3.6 | 88.55 | 4.4 | -13.43 | 68.15 | 2.36 | 4.17 | 70.11 | 18.23 | -7.9 | 86.59 | -5.99 | -5.46 |
| 20Q3 (7) | 1.07 | 13.83 | 10.31 | 1.37 | 14.17 | -11.04 | 84.82 | -11.96 | -9.74 | 66.58 | -12.13 | 12.35 | 59.30 | -12.25 | -15.76 | 92.11 | -11.88 | 11.18 |
| 20Q2 (6) | 0.94 | 25.33 | -11.32 | 1.20 | 5.26 | -18.92 | 96.34 | -20.67 | 11.89 | 75.77 | -5.23 | 23.56 | 67.58 | -17.67 | 2.08 | 104.53 | -12.39 | 28.7 |
| 20Q1 (5) | 0.75 | -15.73 | -11.76 | 1.14 | -17.99 | -10.24 | 121.44 | 18.72 | 13.34 | 79.95 | 22.21 | 11.91 | 82.08 | 7.83 | 1.76 | 119.31 | 30.27 | 21.83 |
| 19Q4 (4) | 0.89 | -8.25 | 0.0 | 1.39 | -9.74 | 0.0 | 102.29 | 8.85 | 0.0 | 65.42 | 10.39 | 0.0 | 76.12 | 8.14 | 0.0 | 91.59 | 10.55 | 0.0 |
| 19Q3 (3) | 0.97 | -8.49 | 0.0 | 1.54 | 4.05 | 0.0 | 93.97 | 9.14 | 0.0 | 59.26 | -3.36 | 0.0 | 70.39 | 6.33 | 0.0 | 82.85 | 2.01 | 0.0 |
| 19Q2 (2) | 1.06 | 24.71 | 0.0 | 1.48 | 16.54 | 0.0 | 86.10 | -19.65 | 0.0 | 61.32 | -14.17 | 0.0 | 66.20 | -17.93 | 0.0 | 81.22 | -17.06 | 0.0 |
| 19Q1 (1) | 0.85 | 0.0 | 0.0 | 1.27 | 0.0 | 0.0 | 107.15 | 0.0 | 0.0 | 71.44 | 0.0 | 0.0 | 80.66 | 0.0 | 0.0 | 97.93 | 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) | 3.45 | 0.58 | 4.29 | -10.25 | 105.94 | -0.52 | 85.06 | 11.44 | 73.85 | 2.06 | 117.15 | 6.06 |
| 2022 (9) | 3.43 | -1.44 | 4.78 | -2.05 | 106.49 | 1.62 | 76.33 | 1.95 | 72.36 | -10.71 | 110.46 | 12.01 |
| 2021 (8) | 3.48 | 8.75 | 4.88 | 7.02 | 104.79 | -8.03 | 74.87 | -6.54 | 81.04 | -7.83 | 98.62 | -7.08 |
| 2020 (7) | 3.20 | -12.09 | 4.56 | -19.15 | 113.94 | 13.61 | 80.11 | 23.72 | 87.92 | 15.87 | 106.13 | 19.02 |
| 2019 (6) | 3.64 | 8.98 | 5.64 | -8.44 | 100.29 | -8.19 | 64.75 | 9.21 | 75.88 | -6.19 | 89.17 | 1.75 |
| 2018 (5) | 3.34 | -1.18 | 6.16 | -12.25 | 109.24 | 1.03 | 59.29 | 14.0 | 80.89 | -1.53 | 87.64 | 12.37 |
| 2017 (4) | 3.38 | 10.46 | 7.02 | -4.1 | 108.13 | -9.41 | 52.01 | 4.25 | 82.15 | -1.97 | 77.99 | -8.73 |
| 2016 (3) | 3.06 | 5.88 | 7.32 | -7.11 | 119.36 | -5.46 | 49.89 | 7.66 | 83.80 | 9.2 | 85.45 | -10.86 |
| 2015 (2) | 2.89 | -11.35 | 7.88 | -18.68 | 126.26 | 12.69 | 46.34 | 23.05 | 76.74 | 8.76 | 95.86 | 21.13 |
| 2014 (1) | 3.26 | 1.56 | 9.69 | -11.51 | 112.04 | -1.56 | 37.66 | 13.03 | 70.56 | 9.38 | 79.14 | -4.21 |
