- 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) | 1.57 | -5.42 | 35.34 | 0.90 | 5.88 | 15.38 | 57.99 | 5.55 | -25.82 | 101.19 | -5.36 | -13.03 | 100.18 | 3.87 | -15.2 | 59.00 | -9.8 | -22.76 |
| 23Q3 (19) | 1.66 | 14.48 | 26.72 | 0.85 | 19.72 | 2.41 | 54.94 | -12.25 | -21.2 | 106.92 | -16.06 | -2.36 | 96.45 | -7.46 | -5.7 | 65.41 | -23.74 | -14.99 |
| 23Q2 (18) | 1.45 | 25.0 | 16.0 | 0.71 | 12.7 | -2.74 | 62.61 | -20.06 | -14.23 | 127.38 | -12.37 | 2.35 | 104.23 | -19.94 | 8.25 | 85.77 | -8.26 | -15.21 |
| 23Q1 (17) | 1.16 | 0.0 | -1.69 | 0.63 | -19.23 | -7.35 | 78.32 | 0.19 | 1.6 | 145.36 | 24.93 | 8.62 | 130.19 | 10.21 | 25.96 | 93.49 | 22.39 | -13.07 |
| 22Q4 (16) | 1.16 | -11.45 | -9.38 | 0.78 | -6.02 | 20.0 | 78.17 | 12.12 | 10.07 | 116.35 | 6.26 | -17.27 | 118.13 | 15.5 | -3.17 | 76.39 | -0.71 | -14.8 |
| 22Q3 (15) | 1.31 | 4.8 | 1.55 | 0.83 | 13.7 | 20.29 | 69.72 | -4.49 | -1.37 | 109.50 | -12.01 | -16.8 | 102.28 | 6.22 | -24.76 | 76.94 | -23.94 | 15.91 |
| 22Q2 (14) | 1.25 | 5.93 | -5.3 | 0.73 | 7.35 | -10.98 | 73.00 | -5.31 | 6.1 | 124.45 | -7.0 | 11.81 | 96.29 | -6.84 | -26.78 | 101.16 | -5.94 | 108.19 |
| 22Q1 (13) | 1.18 | -7.81 | -15.11 | 0.68 | 4.62 | -26.88 | 77.09 | 8.55 | 17.41 | 133.82 | -4.85 | 36.47 | 103.36 | -15.28 | -16.06 | 107.55 | 19.95 | 165.03 |
| 21Q4 (12) | 1.28 | -0.78 | 1.59 | 0.65 | -5.8 | -33.67 | 71.02 | 0.47 | -1.57 | 140.64 | 6.86 | 51.39 | 122.00 | -10.25 | 2.59 | 89.66 | 35.07 | 94.36 |
| 21Q3 (11) | 1.29 | -2.27 | -7.19 | 0.69 | -15.85 | -34.91 | 70.69 | 2.75 | 7.6 | 131.61 | 18.25 | 52.61 | 135.93 | 3.36 | 37.41 | 66.38 | 36.61 | 25.2 |
| 21Q2 (10) | 1.32 | -5.04 | 3.94 | 0.82 | -11.83 | -4.65 | 68.80 | 4.78 | -4.1 | 111.30 | 13.5 | 5.41 | 131.51 | 6.8 | 25.51 | 48.59 | 19.74 | -33.03 |
| 21Q1 (9) | 1.39 | 10.32 | 20.87 | 0.93 | -5.1 | 22.37 | 65.66 | -9.0 | -16.87 | 98.06 | 5.55 | -18.06 | 123.14 | 3.55 | 2.06 | 40.58 | -12.03 | -47.97 |
| 20Q4 (8) | 1.26 | -9.35 | 4.13 | 0.98 | -7.55 | 15.29 | 72.15 | 9.82 | -4.4 | 92.90 | 7.72 | -13.4 | 118.92 | 20.22 | 0.94 | 46.13 | -13.0 | -28.98 |
| 20Q3 (7) | 1.39 | 9.45 | 28.7 | 1.06 | 23.26 | 12.77 | 65.70 | -8.42 | -21.86 | 86.24 | -18.33 | -11.03 | 98.92 | -5.59 | -14.46 | 53.02 | -26.92 | -18.89 |
| 20Q2 (6) | 1.27 | 10.43 | 14.41 | 0.86 | 13.16 | -25.22 | 71.74 | -9.17 | -12.19 | 105.59 | -11.77 | 33.56 | 104.78 | -13.16 | 3.82 | 72.55 | -6.99 | 21.24 |
| 20Q1 (5) | 1.15 | -4.96 | -14.18 | 0.76 | -10.59 | -37.7 | 78.98 | 4.65 | 16.16 | 119.68 | 11.56 | 60.62 | 120.66 | 2.42 | 33.19 | 78.00 | 20.09 | 50.29 |
| 19Q4 (4) | 1.21 | 12.04 | 0.0 | 0.85 | -9.57 | 0.0 | 75.47 | -10.24 | 0.0 | 107.28 | 10.68 | 0.0 | 117.81 | 1.88 | 0.0 | 64.95 | -0.64 | 0.0 |
| 19Q3 (3) | 1.08 | -2.7 | 0.0 | 0.94 | -18.26 | 0.0 | 84.08 | 2.91 | 0.0 | 96.93 | 22.6 | 0.0 | 115.64 | 14.59 | 0.0 | 65.37 | 9.24 | 0.0 |
| 19Q2 (2) | 1.11 | -17.16 | 0.0 | 1.15 | -5.74 | 0.0 | 81.70 | 20.16 | 0.0 | 79.06 | 6.11 | 0.0 | 100.92 | 11.4 | 0.0 | 59.84 | 15.3 | 0.0 |
| 19Q1 (1) | 1.34 | 0.0 | 0.0 | 1.22 | 0.0 | 0.0 | 67.99 | 0.0 | 0.0 | 74.51 | 0.0 | 0.0 | 90.59 | 0.0 | 0.0 | 51.90 | 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) | 4.97 | -2.55 | 3.25 | 8.33 | 73.43 | 2.64 | 112.32 | -7.7 | 110.47 | 2.5 | 75.28 | -11.9 |
| 2022 (9) | 5.10 | -2.67 | 3.00 | -6.54 | 71.54 | 2.64 | 121.69 | 6.99 | 107.78 | -3.34 | 85.45 | 18.8 |
| 2021 (8) | 5.24 | 0.96 | 3.21 | -11.57 | 69.70 | -0.95 | 113.74 | 12.98 | 111.51 | -5.47 | 71.93 | 35.51 |
| 2020 (7) | 5.19 | -5.98 | 3.63 | -9.7 | 70.37 | 6.4 | 100.67 | 10.78 | 117.96 | 19.27 | 53.08 | -8.66 |
| 2019 (6) | 5.52 | 14.52 | 4.02 | -13.17 | 66.14 | -12.71 | 90.87 | 15.19 | 98.90 | 13.87 | 58.11 | -14.3 |
| 2018 (5) | 4.82 | 29.57 | 4.63 | 0.87 | 75.77 | -22.79 | 78.89 | -0.72 | 86.85 | 2.43 | 67.81 | -26.94 |
| 2017 (4) | 3.72 | -12.47 | 4.59 | -19.47 | 98.14 | 14.38 | 79.46 | 24.12 | 84.79 | 19.98 | 92.81 | 17.26 |
| 2016 (3) | 4.25 | 4.68 | 5.70 | 4.01 | 85.80 | -4.49 | 64.02 | -3.92 | 70.67 | 1.12 | 79.15 | -8.57 |
| 2015 (2) | 4.06 | -5.36 | 5.48 | 19.39 | 89.83 | 5.48 | 66.63 | -16.27 | 69.89 | -1.69 | 86.57 | -7.56 |
| 2014 (1) | 4.29 | 0.0 | 4.59 | 7.49 | 85.16 | 0.07 | 79.58 | -6.9 | 71.09 | 5.65 | 93.65 | -9.33 |
