- 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) | 0.85 | 1.19 | 6.25 | 1.97 | 3.14 | 31.33 | 106.44 | -1.8 | -6.57 | 46.24 | -3.04 | -23.95 | 61.62 | 9.62 | -9.87 | 91.07 | -8.81 | -14.38 |
| 23Q3 (19) | 0.84 | -10.64 | -12.5 | 1.91 | 18.63 | 18.63 | 108.39 | 12.43 | 14.73 | 47.69 | -15.89 | -15.76 | 56.21 | 7.91 | -2.58 | 99.87 | -1.13 | 6.95 |
| 23Q2 (18) | 0.94 | 40.3 | 22.08 | 1.61 | 20.15 | 27.78 | 96.41 | -28.84 | -18.82 | 56.70 | -16.48 | -21.63 | 52.09 | -23.45 | -23.83 | 101.01 | -25.35 | -17.69 |
| 23Q1 (17) | 0.67 | -16.25 | -9.46 | 1.34 | -10.67 | 2.29 | 135.49 | 18.93 | 9.83 | 67.89 | 11.66 | -2.13 | 68.05 | -0.47 | -6.0 | 135.32 | 27.23 | 12.44 |
| 22Q4 (16) | 0.80 | -16.67 | -13.04 | 1.50 | -6.83 | -10.71 | 113.92 | 20.59 | 14.57 | 60.80 | 7.4 | 11.99 | 68.37 | 18.49 | 18.64 | 106.36 | 13.9 | 10.69 |
| 22Q3 (15) | 0.96 | 24.68 | 15.66 | 1.61 | 27.78 | 6.62 | 94.47 | -20.45 | -14.18 | 56.61 | -21.76 | -5.79 | 57.70 | -15.63 | -11.49 | 93.38 | -23.91 | -11.05 |
| 22Q2 (14) | 0.77 | 4.05 | -4.94 | 1.26 | -3.82 | -22.7 | 118.76 | -3.73 | 5.55 | 72.35 | 4.3 | 29.96 | 68.39 | -5.53 | -6.88 | 122.72 | 1.97 | 29.52 |
| 22Q1 (13) | 0.74 | -19.57 | -10.84 | 1.31 | -22.02 | -29.19 | 123.36 | 24.07 | 12.09 | 69.37 | 27.78 | 40.8 | 72.39 | 25.61 | -1.74 | 120.35 | 25.25 | 40.51 |
| 21Q4 (12) | 0.92 | 10.84 | 0.0 | 1.68 | 11.26 | -19.62 | 99.43 | -9.67 | 0.37 | 54.29 | -9.65 | 24.83 | 57.63 | -11.6 | -14.86 | 96.09 | -8.47 | 28.36 |
| 21Q3 (11) | 0.83 | 2.47 | -20.95 | 1.51 | -7.36 | -36.29 | 110.08 | -2.17 | 27.01 | 60.09 | 7.94 | 56.48 | 65.19 | -11.23 | 22.45 | 104.98 | 10.8 | 46.13 |
| 21Q2 (10) | 0.81 | -2.41 | -20.59 | 1.63 | -11.89 | -6.32 | 112.52 | 2.24 | 25.78 | 55.67 | 12.99 | 6.55 | 73.44 | -0.31 | 43.97 | 94.75 | 10.62 | 4.47 |
| 21Q1 (9) | 0.83 | -9.78 | 56.6 | 1.85 | -11.48 | 74.53 | 110.05 | 11.09 | -36.27 | 49.27 | 13.29 | -42.41 | 73.67 | 8.83 | -18.27 | 85.65 | 14.41 | -49.04 |
| 20Q4 (8) | 0.92 | -12.38 | 0.0 | 2.09 | -11.81 | 14.21 | 99.06 | 14.3 | 0.63 | 43.49 | 13.26 | -12.51 | 67.69 | 27.14 | 14.92 | 74.86 | 4.2 | -16.11 |
| 20Q3 (7) | 1.05 | 2.94 | 20.69 | 2.37 | 36.21 | 46.3 | 86.67 | -3.12 | -16.97 | 38.40 | -26.51 | -31.66 | 53.24 | 4.37 | -12.66 | 71.84 | -20.79 | -27.89 |
| 20Q2 (6) | 1.02 | 92.45 | 7.37 | 1.74 | 64.15 | 7.41 | 89.46 | -48.19 | -6.3 | 52.25 | -38.92 | -6.83 | 51.01 | -43.41 | -9.23 | 90.70 | -46.04 | -4.89 |
| 20Q1 (5) | 0.53 | -42.39 | -5.36 | 1.06 | -42.08 | -9.4 | 172.68 | 75.42 | 6.15 | 85.55 | 72.1 | 9.57 | 90.14 | 53.04 | 7.45 | 168.08 | 88.35 | 7.15 |
| 19Q4 (4) | 0.92 | 5.75 | 0.0 | 1.83 | 12.96 | 0.0 | 98.44 | -5.7 | 0.0 | 49.71 | -11.53 | 0.0 | 58.90 | -3.38 | 0.0 | 89.24 | -10.42 | 0.0 |
| 19Q3 (3) | 0.87 | -8.42 | 0.0 | 1.62 | 0.0 | 0.0 | 104.39 | 9.33 | 0.0 | 56.19 | 0.2 | 0.0 | 60.96 | 8.47 | 0.0 | 99.62 | 4.47 | 0.0 |
| 19Q2 (2) | 0.95 | 69.64 | 0.0 | 1.62 | 38.46 | 0.0 | 95.48 | -41.31 | 0.0 | 56.08 | -28.18 | 0.0 | 56.20 | -33.01 | 0.0 | 95.36 | -39.21 | 0.0 |
| 19Q1 (1) | 0.56 | 0.0 | 0.0 | 1.17 | 0.0 | 0.0 | 162.68 | 0.0 | 0.0 | 78.08 | 0.0 | 0.0 | 83.89 | 0.0 | 0.0 | 156.87 | 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) | 2.96 | -4.52 | 6.46 | 4.7 | 123.46 | 4.76 | 56.52 | -4.49 | 69.33 | 3.14 | 110.65 | 0.76 |
| 2022 (9) | 3.10 | 1.64 | 6.17 | -7.08 | 117.85 | -1.62 | 59.18 | 7.7 | 67.22 | -8.13 | 109.82 | 8.12 |
| 2021 (8) | 3.05 | 2.01 | 6.64 | 1.37 | 119.79 | -1.78 | 54.95 | -1.47 | 73.17 | -6.72 | 101.57 | 2.31 |
| 2020 (7) | 2.99 | 3.82 | 6.55 | 3.64 | 121.96 | -3.65 | 55.77 | -3.43 | 78.44 | 9.74 | 99.28 | -12.02 |
| 2019 (6) | 2.88 | -8.28 | 6.32 | -9.59 | 126.58 | 8.73 | 57.75 | 10.53 | 71.48 | 14.72 | 112.85 | 6.11 |
| 2018 (5) | 3.14 | 9.03 | 6.99 | 2.19 | 116.42 | -8.0 | 52.25 | -2.04 | 62.31 | -6.65 | 106.35 | -5.99 |
| 2017 (4) | 2.88 | 2.13 | 6.84 | -7.19 | 126.55 | -2.4 | 53.34 | 7.74 | 66.75 | 4.36 | 113.13 | -1.81 |
| 2016 (3) | 2.82 | -11.88 | 7.37 | -17.19 | 129.66 | 13.85 | 49.51 | 20.7 | 63.96 | 15.6 | 115.21 | 15.7 |
| 2015 (2) | 3.20 | 1.59 | 8.90 | -1.44 | 113.89 | -1.75 | 41.02 | 1.46 | 55.33 | -13.29 | 99.58 | 7.61 |
| 2014 (1) | 3.15 | -11.76 | 9.03 | -14.16 | 115.92 | 13.38 | 40.43 | 16.51 | 63.81 | 10.09 | 92.54 | 17.17 |
