- 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) | 1.22 | 10.91 | 7.96 | 0.83 | 7.79 | 1.22 | 74.76 | -9.96 | -6.77 | 109.31 | -7.56 | -1.63 | 53.34 | -28.26 | -3.75 | 130.73 | 2.99 | -3.8 |
| 23Q3 (19) | 1.10 | -29.03 | -11.29 | 0.77 | -33.62 | -14.44 | 83.03 | 40.99 | 13.54 | 118.25 | 51.37 | 16.94 | 74.35 | 66.82 | 41.38 | 126.93 | 37.31 | 4.33 |
| 23Q2 (18) | 1.55 | 43.52 | 22.05 | 1.16 | 56.76 | 36.47 | 58.89 | -30.21 | -17.99 | 78.12 | -36.27 | -26.65 | 44.57 | -19.42 | -19.07 | 92.44 | -39.04 | -25.0 |
| 23Q1 (17) | 1.08 | -4.42 | -5.26 | 0.74 | -9.76 | -6.33 | 84.38 | 5.23 | 5.45 | 122.58 | 10.31 | 6.13 | 55.31 | -0.2 | -6.67 | 151.65 | 11.6 | 11.29 |
| 22Q4 (16) | 1.13 | -8.87 | 4.63 | 0.82 | -8.89 | -4.65 | 80.19 | 9.65 | -5.17 | 111.12 | 9.89 | 5.02 | 55.42 | 5.38 | -22.4 | 135.89 | 11.7 | 14.25 |
| 22Q3 (15) | 1.24 | -2.36 | -8.15 | 0.90 | 5.88 | -23.08 | 73.13 | 1.84 | 8.49 | 101.12 | -5.05 | 29.97 | 52.59 | -4.5 | -2.59 | 121.66 | -1.29 | 33.37 |
| 22Q2 (14) | 1.27 | 11.4 | 3.25 | 0.85 | 7.59 | -10.53 | 71.81 | -10.26 | -3.1 | 106.50 | -7.79 | 11.64 | 55.07 | -7.07 | -3.18 | 123.25 | -9.55 | 9.44 |
| 22Q1 (13) | 1.14 | 5.56 | -5.79 | 0.79 | -8.14 | -19.39 | 80.02 | -5.37 | 6.32 | 115.50 | 9.16 | 24.38 | 59.26 | -17.03 | 2.26 | 136.27 | 14.57 | 23.68 |
| 21Q4 (12) | 1.08 | -20.0 | -20.59 | 0.86 | -26.5 | -18.1 | 84.56 | 25.44 | 26.44 | 105.81 | 36.0 | 22.18 | 71.42 | 32.28 | 53.53 | 118.94 | 30.39 | 11.2 |
| 21Q3 (11) | 1.35 | 9.76 | 9.76 | 1.17 | 23.16 | 60.27 | 67.41 | -9.04 | -8.66 | 77.80 | -18.45 | -37.24 | 53.99 | -5.08 | 1.24 | 91.22 | -19.0 | -36.84 |
| 21Q2 (10) | 1.23 | 1.65 | 2.5 | 0.95 | -3.06 | 33.8 | 74.11 | -1.53 | -2.38 | 95.40 | 2.74 | -25.22 | 56.88 | -1.85 | -5.33 | 112.62 | 2.21 | -21.47 |
| 21Q1 (9) | 1.21 | -11.03 | 18.63 | 0.98 | -6.67 | 44.12 | 75.26 | 12.53 | -15.83 | 92.86 | 7.23 | -30.25 | 57.95 | 24.57 | -25.38 | 110.18 | 3.01 | -23.96 |
| 20Q4 (8) | 1.36 | 10.57 | 7.09 | 1.05 | 43.84 | 8.25 | 66.88 | -9.38 | -6.55 | 86.60 | -30.14 | -7.74 | 46.52 | -12.77 | -15.68 | 106.96 | -25.94 | -2.99 |
| 20Q3 (7) | 1.23 | 2.5 | 6.96 | 0.73 | 2.82 | -9.88 | 73.80 | -2.79 | -6.63 | 123.96 | -2.84 | 9.66 | 53.33 | -11.24 | -17.28 | 144.43 | 0.71 | 13.18 |
| 20Q2 (6) | 1.20 | 17.65 | 0.84 | 0.71 | 4.41 | -14.46 | 75.92 | -15.09 | -0.34 | 127.58 | -4.18 | 16.47 | 60.08 | -22.64 | -1.97 | 143.41 | -1.03 | 15.25 |
| 20Q1 (5) | 1.02 | -19.69 | -0.97 | 0.68 | -29.9 | -11.69 | 89.41 | 24.93 | 1.41 | 133.14 | 41.83 | 13.29 | 77.66 | 40.76 | 21.53 | 144.90 | 31.42 | 2.19 |
| 19Q4 (4) | 1.27 | 10.43 | 0.0 | 0.97 | 19.75 | 0.0 | 71.57 | -9.45 | 0.0 | 93.87 | -16.96 | 0.0 | 55.17 | -14.43 | 0.0 | 110.26 | -13.6 | 0.0 |
| 19Q3 (3) | 1.15 | -3.36 | 0.0 | 0.81 | -2.41 | 0.0 | 79.04 | 3.75 | 0.0 | 113.04 | 3.2 | 0.0 | 64.47 | 5.19 | 0.0 | 127.61 | 2.56 | 0.0 |
| 19Q2 (2) | 1.19 | 15.53 | 0.0 | 0.83 | 7.79 | 0.0 | 76.18 | -13.6 | 0.0 | 109.54 | -6.79 | 0.0 | 61.29 | -4.08 | 0.0 | 124.43 | -12.24 | 0.0 |
| 19Q1 (1) | 1.03 | 0.0 | 0.0 | 0.77 | 0.0 | 0.0 | 88.17 | 0.0 | 0.0 | 117.52 | 0.0 | 0.0 | 63.90 | 0.0 | 0.0 | 141.79 | 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) | 4.80 | 0.63 | 3.45 | 0.0 | 76.08 | -0.64 | 105.87 | 0.21 | 52.27 | -7.45 | 129.68 | 3.13 |
| 2022 (9) | 4.77 | -4.41 | 3.45 | -13.1 | 76.57 | 4.73 | 105.65 | 14.94 | 56.48 | 3.8 | 125.74 | 13.68 |
| 2021 (8) | 4.99 | 19.09 | 3.97 | 18.15 | 73.11 | -16.07 | 91.92 | -15.3 | 54.41 | -20.57 | 110.61 | -12.99 |
| 2020 (7) | 4.19 | -1.18 | 3.36 | 0.3 | 87.11 | 1.08 | 108.53 | -0.45 | 68.50 | 4.4 | 127.13 | -1.9 |
| 2019 (6) | 4.24 | -3.64 | 3.35 | -1.18 | 86.18 | 3.82 | 109.02 | 1.19 | 65.61 | -0.21 | 129.59 | 3.68 |
| 2018 (5) | 4.40 | -15.55 | 3.39 | -7.88 | 83.01 | 18.45 | 107.74 | 8.54 | 65.75 | -1.5 | 124.99 | 21.83 |
| 2017 (4) | 5.21 | 19.5 | 3.68 | 21.45 | 70.08 | -16.33 | 99.26 | -17.62 | 66.75 | -13.03 | 102.59 | -19.54 |
| 2016 (3) | 4.36 | -0.91 | 3.03 | 2.02 | 83.76 | 1.0 | 120.49 | -2.04 | 76.75 | 29.36 | 127.50 | -13.03 |
| 2015 (2) | 4.40 | 4.02 | 2.97 | 12.93 | 82.93 | -3.89 | 123.00 | -11.34 | 59.33 | -5.94 | 146.60 | -9.47 |
| 2014 (1) | 4.23 | -3.2 | 2.63 | 7.35 | 86.29 | 3.25 | 138.73 | -6.72 | 63.08 | -15.12 | 161.94 | 2.52 |
