- 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) | 1.10 | 5.77 | 1.85 | 1.24 | 33.33 | 51.22 | 82.52 | -5.37 | -2.39 | 73.54 | -24.86 | -33.41 | 63.75 | -17.27 | -32.8 | 92.31 | -14.54 | -7.79 |
| 23Q3 (19) | 1.04 | 8.33 | -19.38 | 0.93 | 10.71 | 4.49 | 87.20 | -7.98 | 24.0 | 97.87 | -9.81 | -4.74 | 77.06 | -10.25 | -4.58 | 108.02 | -8.01 | 17.04 |
| 23Q2 (18) | 0.96 | -11.11 | -10.28 | 0.84 | -6.67 | 25.37 | 94.76 | 12.16 | 11.51 | 108.52 | 7.73 | -19.73 | 85.86 | 2.04 | -17.01 | 117.42 | 16.18 | 0.6 |
| 23Q1 (17) | 1.08 | 0.0 | -12.9 | 0.90 | 9.76 | 2.27 | 84.49 | -0.06 | 15.34 | 100.73 | -8.78 | -2.9 | 84.14 | -11.3 | -0.15 | 101.07 | 0.96 | 9.01 |
| 22Q4 (16) | 1.08 | -16.28 | -5.26 | 0.82 | -7.87 | 0.0 | 84.54 | 20.22 | 6.01 | 110.43 | 7.48 | -0.14 | 94.86 | 17.46 | 1.88 | 100.11 | 8.47 | 2.97 |
| 22Q3 (15) | 1.29 | 20.56 | 18.35 | 0.89 | 32.84 | 4.71 | 70.32 | -17.25 | -15.68 | 102.74 | -24.01 | -3.57 | 80.76 | -21.94 | -18.12 | 92.29 | -20.93 | 1.07 |
| 22Q2 (14) | 1.07 | -13.71 | 7.0 | 0.67 | -23.86 | -32.32 | 84.98 | 16.01 | -6.74 | 135.20 | 30.33 | 46.43 | 103.46 | 22.77 | 5.58 | 116.72 | 25.88 | 36.58 |
| 22Q1 (13) | 1.24 | 8.77 | 8.77 | 0.88 | 7.32 | -24.79 | 73.25 | -8.15 | -8.55 | 103.74 | -6.19 | 33.79 | 84.27 | -9.49 | -6.85 | 92.72 | -4.63 | 38.04 |
| 21Q4 (12) | 1.14 | 4.59 | -12.98 | 0.82 | -3.53 | -24.77 | 79.75 | -4.38 | 14.73 | 110.58 | 3.79 | 32.08 | 93.11 | -5.6 | -2.47 | 97.22 | 6.47 | 68.32 |
| 21Q3 (11) | 1.09 | 9.0 | -15.5 | 0.85 | -14.14 | -21.3 | 83.40 | -8.47 | 18.58 | 106.54 | 15.39 | 26.5 | 98.63 | 0.65 | 7.85 | 91.31 | 6.85 | 44.71 |
| 21Q2 (10) | 1.00 | -12.28 | -18.03 | 0.99 | -15.38 | -9.17 | 91.12 | 13.76 | 21.75 | 92.33 | 19.07 | 10.3 | 97.99 | 8.31 | 21.77 | 85.46 | 27.23 | 9.44 |
| 21Q1 (9) | 1.14 | -12.98 | 17.53 | 1.17 | 7.34 | 28.57 | 80.10 | 15.24 | -14.19 | 77.54 | -7.38 | -22.84 | 90.47 | -5.24 | -2.03 | 67.17 | 16.29 | -33.82 |
| 20Q4 (8) | 1.31 | 1.55 | 22.43 | 1.09 | 0.93 | -3.54 | 69.51 | -1.17 | -18.11 | 83.72 | -0.59 | 3.51 | 95.47 | 4.4 | 25.54 | 57.76 | -8.46 | -35.61 |
| 20Q3 (7) | 1.29 | 5.74 | 25.24 | 1.08 | -0.92 | 11.34 | 70.33 | -6.03 | -20.43 | 84.22 | 0.61 | -10.15 | 91.45 | 13.64 | -0.28 | 63.10 | -19.2 | -30.21 |
| 20Q2 (6) | 1.22 | 25.77 | 43.53 | 1.09 | 19.78 | 6.86 | 74.84 | -19.83 | -29.79 | 83.71 | -16.7 | -6.48 | 80.47 | -12.85 | -23.57 | 78.09 | -23.06 | -14.02 |
| 20Q1 (5) | 0.97 | -9.35 | -9.35 | 0.91 | -19.47 | -33.09 | 93.35 | 9.98 | 9.39 | 100.49 | 24.25 | 50.7 | 92.34 | 21.42 | 17.06 | 101.50 | 13.14 | 38.77 |
| 19Q4 (4) | 1.07 | 3.88 | 0.0 | 1.13 | 16.49 | 0.0 | 84.88 | -3.97 | 0.0 | 80.88 | -13.71 | 0.0 | 76.05 | -17.08 | 0.0 | 89.71 | -0.77 | 0.0 |
| 19Q3 (3) | 1.03 | 21.18 | 0.0 | 0.97 | -4.9 | 0.0 | 88.39 | -17.07 | 0.0 | 93.73 | 4.71 | 0.0 | 91.71 | -12.89 | 0.0 | 90.41 | -0.45 | 0.0 |
| 19Q2 (2) | 0.85 | -20.56 | 0.0 | 1.02 | -25.0 | 0.0 | 106.59 | 24.9 | 0.0 | 89.51 | 34.24 | 0.0 | 105.28 | 33.47 | 0.0 | 90.82 | 24.17 | 0.0 |
| 19Q1 (1) | 1.07 | 0.0 | 0.0 | 1.36 | 0.0 | 0.0 | 85.34 | 0.0 | 0.0 | 66.68 | 0.0 | 0.0 | 78.88 | 0.0 | 0.0 | 73.14 | 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) | 3.94 | -9.63 | 4.08 | 23.26 | 92.52 | 10.56 | 89.46 | -18.86 | 80.22 | -13.19 | 101.76 | 0.24 |
| 2022 (9) | 4.36 | -3.33 | 3.31 | -6.23 | 83.68 | 3.4 | 110.25 | 6.67 | 92.41 | -7.85 | 101.52 | 20.83 |
| 2021 (8) | 4.51 | 7.13 | 3.53 | -10.18 | 80.93 | -6.75 | 103.36 | 11.24 | 100.28 | -1.72 | 84.02 | 8.16 |
| 2020 (7) | 4.21 | 2.93 | 3.93 | -14.75 | 86.79 | -2.71 | 92.92 | 17.28 | 102.04 | 24.08 | 77.68 | -9.88 |
| 2019 (6) | 4.09 | 7.35 | 4.61 | 1.77 | 89.21 | -6.96 | 79.23 | -1.66 | 82.24 | -6.16 | 86.20 | -2.94 |
| 2018 (5) | 3.81 | 0.26 | 4.53 | 2.95 | 95.88 | -0.28 | 80.57 | -2.79 | 87.64 | 0.42 | 88.81 | -3.2 |
| 2017 (4) | 3.80 | -6.63 | 4.40 | 3.53 | 96.15 | 7.2 | 82.88 | -3.56 | 87.27 | 26.83 | 91.75 | -14.11 |
| 2016 (3) | 4.07 | 8.24 | 4.25 | 18.72 | 89.69 | -7.64 | 85.94 | -15.75 | 68.81 | 11.13 | 106.82 | -22.14 |
| 2015 (2) | 3.76 | -7.62 | 3.58 | -4.28 | 97.11 | 8.32 | 102.01 | 4.51 | 61.92 | -7.46 | 137.20 | 14.01 |
| 2014 (1) | 4.07 | -4.46 | 3.74 | 12.65 | 89.65 | 4.61 | 97.61 | -11.16 | 66.91 | 0.92 | 120.34 | -6.91 |
