- 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) | 1.11 | -18.38 | -15.91 | 0.93 | -2.11 | 2.2 | 81.67 | 22.04 | 18.26 | 98.20 | 2.64 | -1.86 | 69.35 | 3.37 | 22.53 | 110.51 | 15.72 | -1.79 |
| 23Q3 (19) | 1.36 | 4.62 | 18.26 | 0.95 | 11.76 | 31.94 | 66.92 | -4.74 | -15.21 | 95.67 | -11.12 | -24.48 | 67.09 | 1.71 | -10.69 | 95.50 | -14.68 | -26.81 |
| 23Q2 (18) | 1.30 | 20.37 | -2.26 | 0.85 | 11.84 | 1.19 | 70.25 | -16.31 | 2.6 | 107.64 | -10.26 | -0.86 | 65.96 | -2.9 | -3.01 | 111.93 | -17.67 | 2.66 |
| 23Q1 (17) | 1.08 | -18.18 | -7.69 | 0.76 | -16.48 | -10.59 | 83.94 | 21.55 | 8.28 | 119.94 | 19.87 | 12.15 | 67.93 | 20.02 | -6.84 | 135.95 | 20.82 | 21.87 |
| 22Q4 (16) | 1.32 | 14.78 | 12.82 | 0.91 | 26.39 | 2.25 | 69.06 | -12.49 | -11.35 | 100.06 | -21.02 | -2.43 | 56.60 | -24.65 | -28.83 | 112.52 | -13.77 | 11.51 |
| 22Q3 (15) | 1.15 | -13.53 | -7.26 | 0.72 | -14.29 | -20.0 | 78.92 | 15.26 | 7.45 | 126.69 | 16.69 | 25.49 | 75.12 | 10.45 | -11.35 | 130.49 | 19.68 | 45.51 |
| 22Q2 (14) | 1.33 | 13.68 | 9.92 | 0.84 | -1.18 | -8.7 | 68.47 | -11.67 | -9.09 | 108.57 | 1.51 | 10.06 | 68.01 | -6.73 | -21.18 | 109.03 | -2.26 | 24.34 |
| 22Q1 (13) | 1.17 | 0.0 | -0.85 | 0.85 | -4.49 | -19.81 | 77.52 | -0.49 | 0.92 | 106.95 | 4.29 | 24.46 | 72.92 | -8.31 | -7.3 | 111.55 | 10.54 | 32.67 |
| 21Q4 (12) | 1.17 | -5.65 | -4.1 | 0.89 | -1.11 | -28.8 | 77.90 | 6.06 | 4.76 | 102.55 | 1.57 | 41.23 | 79.53 | -6.15 | 15.46 | 100.91 | 12.52 | 29.22 |
| 21Q3 (11) | 1.24 | 2.48 | 11.71 | 0.90 | -2.17 | -23.73 | 73.45 | -2.48 | -10.45 | 100.96 | 2.34 | 30.59 | 84.74 | -1.78 | 24.67 | 89.68 | 2.27 | -1.85 |
| 21Q2 (10) | 1.21 | 2.54 | 10.0 | 0.92 | -13.21 | -8.91 | 75.32 | -1.94 | -8.78 | 98.65 | 14.8 | 9.1 | 86.28 | 9.69 | 35.51 | 87.69 | 4.29 | -19.79 |
| 21Q1 (9) | 1.18 | -3.28 | 9.26 | 1.06 | -15.2 | 29.27 | 76.81 | 3.29 | -8.83 | 85.93 | 18.34 | -22.82 | 78.66 | 14.2 | 26.63 | 84.08 | 7.67 | -37.0 |
| 20Q4 (8) | 1.22 | 9.91 | -23.27 | 1.25 | 5.93 | 16.82 | 74.36 | -9.34 | 29.52 | 72.61 | -6.08 | -14.66 | 68.88 | 1.34 | 40.46 | 78.09 | -14.53 | -16.44 |
| 20Q3 (7) | 1.11 | 0.91 | -28.85 | 1.18 | 16.83 | 31.11 | 82.02 | -0.67 | 40.3 | 77.31 | -14.5 | -23.12 | 67.97 | 6.75 | 8.18 | 91.37 | -16.42 | -5.01 |
| 20Q2 (6) | 1.10 | 1.85 | -14.73 | 1.01 | 23.17 | 12.22 | 82.57 | -1.99 | 17.24 | 90.42 | -18.78 | -10.73 | 63.67 | 2.5 | -12.74 | 109.32 | -18.09 | 10.7 |
| 20Q1 (5) | 1.08 | -32.08 | -6.9 | 0.82 | -23.36 | -14.58 | 84.25 | 46.75 | 6.94 | 111.33 | 30.85 | 17.61 | 62.12 | 26.67 | -20.21 | 133.46 | 42.81 | 39.62 |
| 19Q4 (4) | 1.59 | 1.92 | 0.0 | 1.07 | 18.89 | 0.0 | 57.41 | -1.8 | 0.0 | 85.08 | -15.39 | 0.0 | 49.04 | -21.95 | 0.0 | 93.45 | -2.85 | 0.0 |
| 19Q3 (3) | 1.56 | 20.93 | 0.0 | 0.90 | 0.0 | 0.0 | 58.46 | -17.0 | 0.0 | 100.56 | -0.72 | 0.0 | 62.83 | -13.9 | 0.0 | 96.19 | -2.59 | 0.0 |
| 19Q2 (2) | 1.29 | 11.21 | 0.0 | 0.90 | -6.25 | 0.0 | 70.43 | -10.6 | 0.0 | 101.29 | 7.0 | 0.0 | 72.97 | -6.27 | 0.0 | 98.75 | 3.31 | 0.0 |
| 19Q1 (1) | 1.16 | 0.0 | 0.0 | 0.96 | 0.0 | 0.0 | 78.78 | 0.0 | 0.0 | 94.66 | 0.0 | 0.0 | 77.85 | 0.0 | 0.0 | 95.59 | 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) | 4.56 | 0.22 | 3.60 | 3.45 | 80.03 | -0.21 | 101.51 | -3.31 | 61.88 | -8.39 | 119.66 | 1.73 |
| 2022 (9) | 4.55 | 2.94 | 3.48 | -7.69 | 80.20 | -2.78 | 104.98 | 8.55 | 67.55 | -13.87 | 117.63 | 16.73 |
| 2021 (8) | 4.42 | -1.12 | 3.77 | -9.16 | 82.49 | 0.94 | 96.71 | 9.91 | 78.43 | 19.52 | 100.77 | -3.2 |
| 2020 (7) | 4.47 | -9.88 | 4.15 | 0.73 | 81.72 | 11.15 | 87.99 | -0.57 | 65.62 | 11.58 | 104.10 | 0.86 |
| 2019 (6) | 4.96 | 32.27 | 4.12 | 4.57 | 73.52 | -24.43 | 88.49 | -4.56 | 58.81 | -30.71 | 103.21 | -1.83 |
| 2018 (5) | 3.75 | -1.83 | 3.94 | -23.2 | 97.29 | 1.9 | 92.72 | 30.28 | 84.87 | 26.33 | 105.13 | 5.7 |
| 2017 (4) | 3.82 | -13.38 | 5.13 | -10.63 | 95.48 | 15.48 | 71.17 | 11.83 | 67.18 | -13.97 | 99.46 | 45.77 |
| 2016 (3) | 4.41 | -7.93 | 5.74 | -8.01 | 82.68 | 8.55 | 63.64 | 8.82 | 78.09 | -12.81 | 68.23 | 51.29 |
| 2015 (2) | 4.79 | -4.77 | 6.24 | -10.47 | 76.17 | 4.9 | 58.48 | 11.6 | 89.56 | 6.77 | 45.10 | 9.65 |
| 2014 (1) | 5.03 | 18.91 | 6.97 | -8.65 | 72.61 | -15.86 | 52.40 | 9.58 | 83.88 | 12.39 | 41.13 | -30.87 |
