- 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) | 1.38 | -3.5 | 8.66 | 1.71 | -8.06 | 32.56 | 65.87 | 3.49 | -8.14 | 53.35 | 9.14 | -24.66 | 66.09 | 0.14 | 18.12 | 53.13 | 14.18 | -38.63 |
| 23Q3 (19) | 1.43 | -11.73 | 28.83 | 1.86 | 0.54 | 60.34 | 63.65 | 13.3 | -22.6 | 48.88 | -0.59 | -37.45 | 66.00 | 8.86 | -15.24 | 46.53 | 4.05 | -43.61 |
| 23Q2 (18) | 1.62 | -0.61 | 3.85 | 1.85 | 12.12 | 14.91 | 56.18 | 0.81 | -3.7 | 49.17 | -11.02 | -13.13 | 60.63 | 12.55 | -13.79 | 44.72 | -21.69 | 0.25 |
| 23Q1 (17) | 1.63 | 28.35 | 13.19 | 1.65 | 27.91 | 1.23 | 55.73 | -22.28 | -11.72 | 55.26 | -21.96 | -1.2 | 53.87 | -3.72 | -33.62 | 57.11 | -34.03 | 50.61 |
| 22Q4 (16) | 1.27 | 14.41 | -19.11 | 1.29 | 11.21 | -35.82 | 71.71 | -12.79 | 23.7 | 70.81 | -9.39 | 56.73 | 55.95 | -28.15 | -24.14 | 86.57 | 4.92 | 194.46 |
| 22Q3 (15) | 1.11 | -28.85 | -41.88 | 1.16 | -27.95 | -49.34 | 82.23 | 40.95 | 72.25 | 78.15 | 38.07 | 96.46 | 77.87 | 10.72 | 27.84 | 82.51 | 84.96 | 210.19 |
| 22Q2 (14) | 1.56 | 8.33 | -18.75 | 1.61 | -1.23 | -19.9 | 58.34 | -7.59 | 22.82 | 56.60 | 1.2 | 25.03 | 70.33 | -13.33 | 14.36 | 44.61 | 17.64 | 42.62 |
| 22Q1 (13) | 1.44 | -8.28 | -23.81 | 1.63 | -18.91 | -10.93 | 63.13 | 8.9 | 31.08 | 55.93 | 23.79 | 12.49 | 81.15 | 10.03 | 36.39 | 37.92 | 28.98 | -1.2 |
| 21Q4 (12) | 1.57 | -17.8 | -21.11 | 2.01 | -12.23 | 12.92 | 57.97 | 21.43 | 26.96 | 45.18 | 13.57 | -11.39 | 73.75 | 21.08 | 29.07 | 29.40 | 10.53 | -25.59 |
| 21Q3 (11) | 1.91 | -0.52 | 24.03 | 2.29 | 13.93 | 44.03 | 47.74 | 0.51 | -18.97 | 39.78 | -12.13 | -30.27 | 60.91 | -0.96 | -6.62 | 26.60 | -14.96 | -47.58 |
| 21Q2 (10) | 1.92 | 1.59 | 7.26 | 2.01 | 9.84 | 5.24 | 47.50 | -1.37 | -6.62 | 45.27 | -8.95 | -5.11 | 61.50 | 3.36 | -8.39 | 31.28 | -18.5 | -0.54 |
| 21Q1 (9) | 1.89 | -5.03 | -10.85 | 1.83 | 2.81 | -22.46 | 48.16 | 5.48 | 12.1 | 49.72 | -2.49 | 28.88 | 59.50 | 4.13 | 4.55 | 38.38 | -2.86 | 55.83 |
| 20Q4 (8) | 1.99 | 29.22 | 51.91 | 1.78 | 11.95 | -9.64 | 45.66 | -22.51 | -34.47 | 50.99 | -10.62 | 10.42 | 57.14 | -12.4 | -19.48 | 39.51 | -22.13 | -12.02 |
| 20Q3 (7) | 1.54 | -13.97 | -1.28 | 1.59 | -16.75 | -34.57 | 58.92 | 15.82 | 0.82 | 57.05 | 19.58 | 52.17 | 65.23 | -2.83 | 13.33 | 50.74 | 61.34 | 32.2 |
| 20Q2 (6) | 1.79 | -15.57 | 13.29 | 1.91 | -19.07 | -1.55 | 50.87 | 18.41 | -11.75 | 47.71 | 23.67 | 1.92 | 67.13 | 17.96 | -8.88 | 31.45 | 27.69 | 2.21 |
| 20Q1 (5) | 2.12 | 61.83 | 40.4 | 2.36 | 19.8 | -3.28 | 42.96 | -38.35 | -28.57 | 38.58 | -16.46 | 3.65 | 56.91 | -19.8 | -23.74 | 24.63 | -45.16 | 8.31 |
| 19Q4 (4) | 1.31 | -16.03 | 0.0 | 1.97 | -18.93 | 0.0 | 69.68 | 19.23 | 0.0 | 46.18 | 23.18 | 0.0 | 70.96 | 23.28 | 0.0 | 44.91 | 17.01 | 0.0 |
| 19Q3 (3) | 1.56 | -1.27 | 0.0 | 2.43 | 25.26 | 0.0 | 58.44 | 1.39 | 0.0 | 37.49 | -19.91 | 0.0 | 57.56 | -21.87 | 0.0 | 38.38 | 24.73 | 0.0 |
| 19Q2 (2) | 1.58 | 4.64 | 0.0 | 1.94 | -20.49 | 0.0 | 57.64 | -4.16 | 0.0 | 46.81 | 25.77 | 0.0 | 73.67 | -1.29 | 0.0 | 30.77 | 35.31 | 0.0 |
| 19Q1 (1) | 1.51 | 0.0 | 0.0 | 2.44 | 0.0 | 0.0 | 60.14 | 0.0 | 0.0 | 37.22 | 0.0 | 0.0 | 74.63 | 0.0 | 0.0 | 22.74 | 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) | 6.42 | 27.38 | 6.68 | 12.27 | 56.85 | -21.45 | 54.68 | -10.93 | 49.19 | -34.28 | 62.34 | 5.82 |
| 2022 (9) | 5.04 | -27.59 | 5.95 | -26.45 | 72.37 | 38.03 | 61.39 | 36.09 | 74.85 | 14.91 | 58.91 | 81.88 |
| 2021 (8) | 6.96 | -12.12 | 8.09 | -0.61 | 52.43 | 13.76 | 45.11 | 0.56 | 65.14 | 21.6 | 32.39 | -13.35 |
| 2020 (7) | 7.92 | 42.96 | 8.14 | -5.57 | 46.09 | -30.03 | 44.86 | 6.0 | 53.57 | -28.58 | 37.38 | 12.62 |
| 2019 (6) | 5.54 | -6.73 | 8.62 | -29.86 | 65.87 | 7.25 | 42.32 | 42.49 | 75.01 | 1.52 | 33.19 | 92.63 |
| 2018 (5) | 5.94 | 2.41 | 12.29 | 3.89 | 61.42 | -2.38 | 29.70 | -3.76 | 73.89 | -5.74 | 17.23 | 12.03 |
| 2017 (4) | 5.80 | -13.3 | 11.83 | 16.09 | 62.92 | 15.26 | 30.86 | -13.87 | 78.39 | 1.53 | 15.38 | 16.52 |
| 2016 (3) | 6.69 | -11.39 | 10.19 | -0.39 | 54.59 | 12.88 | 35.83 | 0.39 | 77.21 | -3.1 | 13.20 | 202.06 |
| 2015 (2) | 7.55 | -1.69 | 10.23 | -11.58 | 48.36 | 1.75 | 35.69 | 13.12 | 79.68 | 1.75 | 4.37 | 475.0 |
| 2014 (1) | 7.68 | 39.13 | 11.57 | 0.35 | 47.53 | -28.16 | 31.55 | -0.35 | 78.31 | -5.37 | 0.76 | -94.96 |
