- 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) | 1.50 | 3.45 | 7.91 | 1.92 | 14.97 | 29.73 | 60.52 | -3.62 | -7.39 | 47.33 | -13.0 | -23.2 | 50.41 | -2.1 | -13.37 | 57.44 | -12.56 | -16.5 |
| 23Q3 (19) | 1.45 | 1.4 | -1.36 | 1.67 | 19.29 | 8.44 | 62.79 | -1.12 | 1.37 | 54.40 | -16.11 | -8.08 | 51.49 | -0.89 | -10.65 | 65.69 | -14.01 | 3.47 |
| 23Q2 (18) | 1.43 | 12.6 | -0.69 | 1.40 | 12.0 | 0.72 | 63.50 | -11.39 | 0.33 | 64.85 | -10.92 | -0.66 | 51.95 | -10.65 | -15.56 | 76.39 | -11.51 | 13.91 |
| 23Q1 (17) | 1.27 | -8.63 | -2.31 | 1.25 | -15.54 | -13.79 | 71.66 | 9.66 | 2.43 | 72.80 | 18.12 | 16.33 | 58.14 | -0.09 | -12.03 | 86.33 | 25.5 | 29.9 |
| 22Q4 (16) | 1.39 | -5.44 | -10.32 | 1.48 | -3.9 | -20.0 | 65.35 | 5.51 | 11.08 | 61.63 | 4.14 | 25.57 | 58.19 | 0.97 | 6.91 | 68.79 | 8.35 | 28.6 |
| 22Q3 (15) | 1.47 | 2.08 | -3.92 | 1.54 | 10.79 | -1.28 | 61.94 | -2.13 | 4.22 | 59.18 | -9.34 | 1.44 | 57.63 | -6.32 | -1.37 | 63.49 | -5.32 | 6.99 |
| 22Q2 (14) | 1.44 | 10.77 | -3.36 | 1.39 | -4.14 | -2.8 | 63.29 | -9.53 | 3.64 | 65.28 | 4.31 | 2.59 | 61.52 | -6.91 | 3.85 | 67.06 | 0.9 | 2.43 |
| 22Q1 (13) | 1.30 | -16.13 | -5.8 | 1.45 | -21.62 | -3.97 | 69.96 | 18.92 | 5.84 | 62.58 | 27.51 | 4.04 | 66.09 | 21.42 | 4.74 | 66.46 | 24.25 | 5.22 |
| 21Q4 (12) | 1.55 | 1.31 | -7.19 | 1.85 | 18.59 | -7.96 | 58.83 | -1.01 | 7.81 | 49.08 | -15.87 | 8.37 | 54.43 | -6.85 | 3.76 | 53.49 | -9.86 | 12.85 |
| 21Q3 (11) | 1.53 | 2.68 | -0.65 | 1.56 | 9.09 | -14.29 | 59.43 | -2.69 | 0.27 | 58.34 | -8.31 | 16.8 | 58.43 | -1.37 | 5.53 | 59.34 | -9.36 | 10.19 |
| 21Q2 (10) | 1.49 | 7.97 | 2.05 | 1.43 | -5.3 | -18.75 | 61.07 | -7.61 | -2.02 | 63.63 | 5.79 | 23.27 | 59.24 | -6.12 | 6.64 | 65.47 | 3.66 | 12.11 |
| 21Q1 (9) | 1.38 | -17.37 | 7.81 | 1.51 | -24.88 | -11.18 | 66.10 | 21.13 | -7.27 | 60.15 | 32.81 | 12.6 | 63.10 | 20.28 | 2.37 | 63.16 | 33.25 | 0.17 |
| 20Q4 (8) | 1.67 | 8.44 | 16.78 | 2.01 | 10.44 | -1.95 | 54.57 | -7.93 | -14.47 | 45.29 | -9.33 | 2.14 | 52.46 | -5.26 | -1.39 | 47.40 | -11.98 | -13.72 |
| 20Q3 (7) | 1.54 | 5.48 | -1.28 | 1.82 | 3.41 | -11.65 | 59.27 | -4.91 | 1.42 | 49.95 | -3.24 | 13.27 | 55.37 | -0.32 | 17.83 | 53.85 | -7.79 | -3.06 |
| 20Q2 (6) | 1.46 | 14.06 | 5.04 | 1.76 | 3.53 | 6.02 | 62.33 | -12.56 | -4.84 | 51.62 | -3.37 | -5.7 | 55.55 | -9.88 | 6.03 | 58.40 | -7.38 | -13.94 |
| 20Q1 (5) | 1.28 | -10.49 | 3.23 | 1.70 | -17.07 | 1.19 | 71.28 | 11.72 | -2.57 | 53.42 | 20.48 | -1.18 | 61.64 | 15.86 | 4.99 | 63.05 | 14.76 | -7.96 |
| 19Q4 (4) | 1.43 | -8.33 | 0.0 | 2.05 | -0.49 | 0.0 | 63.80 | 9.17 | 0.0 | 44.34 | 0.54 | 0.0 | 53.20 | 13.22 | 0.0 | 54.94 | -1.1 | 0.0 |
| 19Q3 (3) | 1.56 | 12.23 | 0.0 | 2.06 | 24.1 | 0.0 | 58.44 | -10.78 | 0.0 | 44.10 | -19.44 | 0.0 | 46.99 | -10.31 | 0.0 | 55.55 | -18.14 | 0.0 |
| 19Q2 (2) | 1.39 | 12.1 | 0.0 | 1.66 | -1.19 | 0.0 | 65.50 | -10.47 | 0.0 | 54.74 | 1.26 | 0.0 | 52.39 | -10.76 | 0.0 | 67.86 | -0.93 | 0.0 |
| 19Q1 (1) | 1.24 | 0.0 | 0.0 | 1.68 | 0.0 | 0.0 | 73.16 | 0.0 | 0.0 | 54.06 | 0.0 | 0.0 | 58.71 | 0.0 | 0.0 | 68.50 | 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) | 5.43 | -6.86 | 6.28 | -2.64 | 67.17 | 7.3 | 58.12 | 2.78 | 55.60 | -0.11 | 69.69 | 9.78 |
| 2022 (9) | 5.83 | 6.0 | 6.45 | -5.01 | 62.60 | -5.68 | 56.55 | 5.25 | 55.66 | -11.13 | 63.48 | 10.48 |
| 2021 (8) | 5.50 | -1.61 | 6.79 | -8.61 | 66.37 | 1.58 | 53.73 | 9.41 | 62.63 | 5.87 | 57.46 | 3.92 |
| 2020 (7) | 5.59 | 7.09 | 7.43 | -2.11 | 65.34 | -6.63 | 49.11 | 2.06 | 59.16 | 0.12 | 55.29 | -6.3 |
| 2019 (6) | 5.22 | -5.26 | 7.59 | -1.04 | 69.98 | 5.65 | 48.12 | 1.18 | 59.09 | 1.83 | 59.01 | 5.83 |
| 2018 (5) | 5.51 | 0 | 7.67 | 0 | 66.24 | 0 | 47.56 | 0 | 58.03 | 0 | 55.76 | 0 |
