- 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) | 1.14 | 2.7 | -0.87 | 1.38 | 2.99 | -2.82 | 79.80 | -2.79 | 1.0 | 66.02 | -2.51 | 2.77 | 55.06 | -4.33 | -2.57 | 90.76 | -1.63 | 4.63 |
| 23Q3 (19) | 1.11 | -3.48 | -1.77 | 1.34 | -5.63 | -6.29 | 82.09 | 3.83 | 1.72 | 67.72 | 6.03 | 6.04 | 57.55 | 3.92 | -2.95 | 92.26 | 5.39 | 8.21 |
| 23Q2 (18) | 1.15 | -0.86 | 5.5 | 1.42 | 1.43 | 10.08 | 79.06 | 0.93 | -5.43 | 63.87 | -1.54 | -9.52 | 55.38 | -4.39 | -23.84 | 87.54 | 2.65 | 7.44 |
| 23Q1 (17) | 1.16 | 0.87 | 6.42 | 1.40 | -1.41 | 0.72 | 78.33 | -0.86 | -5.86 | 64.87 | 0.98 | -1.26 | 57.92 | 2.5 | -17.98 | 85.28 | -1.68 | 8.93 |
| 22Q4 (16) | 1.15 | 1.77 | 0.0 | 1.42 | -0.7 | -5.96 | 79.01 | -2.09 | -0.15 | 64.24 | 0.6 | 6.66 | 56.51 | -4.7 | -10.23 | 86.74 | 1.74 | 13.52 |
| 22Q3 (15) | 1.13 | 3.67 | 6.6 | 1.43 | 10.85 | 5.15 | 80.70 | -3.47 | -6.06 | 63.86 | -9.53 | -4.67 | 59.30 | -18.45 | -15.79 | 85.26 | 4.64 | 3.38 |
| 22Q2 (14) | 1.09 | 0.0 | 1.87 | 1.29 | -7.19 | -9.79 | 83.60 | 0.47 | -1.72 | 70.59 | 7.44 | 10.92 | 72.72 | 2.97 | 11.28 | 81.48 | 4.07 | -2.23 |
| 22Q1 (13) | 1.09 | -5.22 | -2.68 | 1.39 | -7.95 | -6.71 | 83.21 | 5.16 | 2.2 | 65.70 | 9.08 | 7.81 | 70.62 | 12.18 | 13.81 | 78.29 | 2.46 | -2.52 |
| 21Q4 (12) | 1.15 | 8.49 | 3.6 | 1.51 | 11.03 | 4.86 | 79.13 | -7.89 | -3.39 | 60.23 | -10.09 | -4.37 | 62.95 | -10.61 | -4.79 | 76.41 | -7.35 | -2.98 |
| 21Q3 (11) | 1.06 | -0.93 | -2.75 | 1.36 | -4.9 | -8.72 | 85.91 | 1.0 | 2.84 | 66.99 | 5.26 | 9.43 | 70.42 | 7.76 | 9.93 | 82.47 | -1.04 | 2.19 |
| 21Q2 (10) | 1.07 | -4.46 | 13.83 | 1.43 | -4.03 | -3.38 | 85.06 | 4.47 | -12.21 | 63.64 | 4.43 | 3.35 | 65.35 | 5.32 | -16.89 | 83.34 | 3.77 | 4.38 |
| 21Q1 (9) | 1.12 | 0.9 | 3.7 | 1.49 | 3.47 | -7.45 | 81.42 | -0.6 | -3.19 | 60.94 | -3.24 | 7.63 | 62.05 | -6.16 | -20.81 | 80.31 | 1.97 | 28.78 |
| 20Q4 (8) | 1.11 | 1.83 | 8.82 | 1.44 | -3.36 | -12.73 | 81.91 | -1.95 | -7.83 | 62.98 | 2.87 | 14.28 | 66.12 | 3.22 | 5.1 | 78.76 | -2.4 | -2.85 |
| 20Q3 (7) | 1.09 | 15.96 | 13.54 | 1.49 | 0.68 | -1.32 | 83.54 | -13.78 | -11.63 | 61.22 | -0.58 | 1.9 | 64.06 | -18.53 | -0.02 | 80.70 | 1.08 | -10.88 |
| 20Q2 (6) | 0.94 | -12.96 | -2.08 | 1.48 | -8.07 | 11.28 | 96.89 | 15.21 | 2.22 | 61.58 | 8.76 | -9.94 | 78.63 | 0.34 | 4.53 | 79.84 | 28.03 | -9.22 |
| 20Q1 (5) | 1.08 | 5.88 | 10.2 | 1.61 | -2.42 | 21.97 | 84.10 | -5.37 | -9.17 | 56.62 | 2.74 | -18.11 | 78.36 | 24.56 | 7.37 | 62.36 | -23.08 | -29.73 |
| 19Q4 (4) | 1.02 | 6.25 | 0.0 | 1.65 | 9.27 | 0.0 | 88.87 | -5.99 | 0.0 | 55.11 | -8.27 | 0.0 | 62.91 | -1.81 | 0.0 | 81.07 | -10.47 | 0.0 |
| 19Q3 (3) | 0.96 | 0.0 | 0.0 | 1.51 | 13.53 | 0.0 | 94.53 | -0.27 | 0.0 | 60.08 | -12.14 | 0.0 | 64.07 | -14.82 | 0.0 | 90.55 | 2.96 | 0.0 |
| 19Q2 (2) | 0.96 | -2.04 | 0.0 | 1.33 | 0.76 | 0.0 | 94.79 | 2.38 | 0.0 | 68.38 | -1.1 | 0.0 | 75.22 | 3.07 | 0.0 | 87.95 | -0.89 | 0.0 |
| 19Q1 (1) | 0.98 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 92.59 | 0.0 | 0.0 | 69.14 | 0.0 | 0.0 | 72.98 | 0.0 | 0.0 | 88.74 | 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) | 4.48 | 3.94 | 5.45 | -0.55 | 81.46 | -3.72 | 66.97 | 0.5 | 54.92 | -12.37 | 93.51 | 5.57 |
| 2022 (9) | 4.31 | 0.47 | 5.48 | -7.12 | 84.61 | -0.52 | 66.64 | 7.78 | 62.67 | -2.43 | 88.58 | 7.17 |
| 2021 (8) | 4.29 | -3.38 | 5.90 | -6.35 | 85.05 | 3.45 | 61.83 | 6.71 | 64.23 | -2.68 | 82.65 | 11.46 |
| 2020 (7) | 4.44 | 8.82 | 6.30 | 12.3 | 82.21 | -8.16 | 57.94 | -10.98 | 66.00 | -8.99 | 74.15 | -9.66 |
| 2019 (6) | 4.08 | 9.68 | 5.61 | 16.15 | 89.51 | -8.86 | 65.09 | -13.85 | 72.52 | 0.04 | 82.08 | -18.95 |
| 2018 (5) | 3.72 | 7.2 | 4.83 | 6.15 | 98.21 | -6.59 | 75.55 | -5.75 | 72.49 | -14.09 | 101.27 | 0.36 |
| 2017 (4) | 3.47 | -11.48 | 4.55 | -2.78 | 105.14 | 12.77 | 80.16 | 2.77 | 84.38 | -1.16 | 100.91 | 17.53 |
| 2016 (3) | 3.92 | -5.54 | 4.68 | 10.38 | 93.23 | 5.93 | 78.00 | -9.32 | 85.37 | 6.06 | 85.86 | -8.21 |
| 2015 (2) | 4.15 | 9.5 | 4.24 | 15.22 | 88.01 | -8.58 | 86.02 | -13.2 | 80.49 | -0.3 | 93.54 | -18.41 |
| 2014 (1) | 3.79 | 9.22 | 3.68 | -1.6 | 96.27 | -8.41 | 99.10 | 1.61 | 80.73 | -4.97 | 114.64 | -2.6 |
