- 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) | 3.44 | -7.28 | -6.27 | 0.66 | 1.54 | -10.81 | 26.46 | 8.0 | 6.78 | 136.99 | -2.88 | 11.81 | 83.04 | 5.25 | 8.36 | 80.41 | -7.21 | 13.77 |
| 23Q3 (19) | 3.71 | -9.51 | 8.48 | 0.65 | 0.0 | -13.33 | 24.50 | 10.36 | -7.86 | 141.05 | 0.43 | 15.92 | 78.90 | 5.26 | -6.95 | 86.66 | -1.17 | 36.52 |
| 23Q2 (18) | 4.10 | 16.15 | -16.16 | 0.65 | 4.84 | -26.97 | 22.20 | -13.99 | 19.29 | 140.44 | -3.96 | 37.26 | 74.96 | -11.75 | 7.33 | 87.69 | 0.68 | 71.67 |
| 23Q1 (17) | 3.53 | -3.81 | -14.73 | 0.62 | -16.22 | -10.14 | 25.81 | 4.16 | 17.53 | 146.23 | 19.35 | 11.33 | 84.94 | 10.84 | 1.86 | 87.10 | 23.23 | 24.59 |
| 22Q4 (16) | 3.67 | 7.31 | -22.74 | 0.74 | -1.33 | -14.94 | 24.78 | -6.81 | 29.2 | 122.52 | 0.69 | 16.6 | 76.63 | -9.62 | 15.72 | 70.68 | 11.34 | 21.78 |
| 22Q3 (15) | 3.42 | -30.06 | -17.59 | 0.75 | -15.73 | 2.74 | 26.59 | 42.88 | 21.36 | 121.68 | 18.92 | -2.48 | 84.79 | 21.41 | 9.24 | 63.48 | 24.28 | -8.09 |
| 22Q2 (14) | 4.89 | 18.12 | 0.2 | 0.89 | 28.99 | 9.88 | 18.61 | -15.26 | -0.27 | 102.32 | -22.1 | -8.74 | 69.84 | -16.25 | -2.05 | 51.08 | -26.93 | -14.11 |
| 22Q1 (13) | 4.14 | -12.84 | -23.48 | 0.69 | -20.69 | -16.87 | 21.96 | 14.49 | 30.56 | 131.35 | 25.0 | 20.18 | 83.39 | 25.93 | 29.33 | 69.91 | 20.45 | 13.44 |
| 21Q4 (12) | 4.75 | 14.46 | -9.18 | 0.87 | 19.18 | -8.42 | 19.18 | -12.46 | 10.29 | 105.08 | -15.78 | 9.13 | 66.22 | -14.69 | 27.81 | 58.04 | -15.97 | -6.19 |
| 21Q3 (11) | 4.15 | -14.96 | -24.82 | 0.73 | -9.88 | -19.78 | 21.91 | 17.42 | 32.95 | 124.77 | 11.28 | 24.12 | 77.62 | 8.86 | 30.26 | 69.07 | 16.14 | 20.31 |
| 21Q2 (10) | 4.88 | -9.8 | -22.66 | 0.81 | -2.41 | 1.25 | 18.66 | 10.94 | 29.49 | 112.12 | 2.59 | -2.01 | 71.30 | 10.58 | 2.65 | 59.47 | -3.5 | 0.17 |
| 21Q1 (9) | 5.41 | 3.44 | -21.48 | 0.83 | -12.63 | 0.0 | 16.82 | -3.28 | 27.33 | 109.29 | 13.5 | 0.1 | 64.48 | 24.45 | 10.05 | 61.63 | -0.39 | -3.39 |
| 20Q4 (8) | 5.23 | -5.25 | -12.1 | 0.95 | 4.4 | 11.76 | 17.39 | 5.52 | 13.73 | 96.29 | -4.21 | -9.6 | 51.81 | -13.06 | -3.65 | 61.87 | 7.77 | -9.04 |
| 20Q3 (7) | 5.52 | -12.52 | 0.36 | 0.91 | 13.75 | 8.33 | 16.48 | 14.37 | -0.36 | 100.52 | -12.15 | -7.76 | 59.59 | -14.21 | 14.31 | 57.41 | -3.3 | -21.77 |
| 20Q2 (6) | 6.31 | -8.42 | -1.41 | 0.80 | -3.61 | -3.61 | 14.41 | 9.08 | 1.41 | 114.42 | 4.8 | 3.75 | 69.46 | 18.55 | 34.22 | 59.37 | -6.93 | -18.39 |
| 20Q1 (5) | 6.89 | 15.8 | 6.99 | 0.83 | -2.35 | 5.06 | 13.21 | -13.6 | -6.51 | 109.18 | 2.51 | -5.67 | 58.59 | 8.96 | 5.8 | 63.79 | -6.22 | -14.35 |
| 19Q4 (4) | 5.95 | 8.18 | 0.0 | 0.85 | 1.19 | 0.0 | 15.29 | -7.56 | 0.0 | 106.51 | -2.27 | 0.0 | 53.77 | 3.15 | 0.0 | 68.02 | -7.32 | 0.0 |
| 19Q3 (3) | 5.50 | -14.06 | 0.0 | 0.84 | 1.2 | 0.0 | 16.54 | 16.4 | 0.0 | 108.98 | -1.18 | 0.0 | 52.13 | 0.73 | 0.0 | 73.39 | 0.88 | 0.0 |
| 19Q2 (2) | 6.40 | -0.62 | 0.0 | 0.83 | 5.06 | 0.0 | 14.21 | 0.57 | 0.0 | 110.28 | -4.72 | 0.0 | 51.75 | -6.55 | 0.0 | 72.75 | -2.32 | 0.0 |
| 19Q1 (1) | 6.44 | 0.0 | 0.0 | 0.79 | 0.0 | 0.0 | 14.13 | 0.0 | 0.0 | 115.74 | 0.0 | 0.0 | 55.38 | 0.0 | 0.0 | 74.48 | 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) | 13.88 | -19.4 | 2.70 | -17.68 | 26.30 | 24.06 | 134.99 | 21.46 | 82.53 | 16.06 | 78.76 | 28.63 |
| 2022 (9) | 17.22 | -11.05 | 3.28 | -4.09 | 21.20 | 12.41 | 111.14 | 4.25 | 71.11 | 8.2 | 61.23 | 2.48 |
| 2021 (8) | 19.36 | -25.02 | 3.42 | -3.93 | 18.86 | 33.38 | 106.61 | 4.13 | 65.72 | 17.44 | 59.75 | -1.34 |
| 2020 (7) | 25.82 | -6.79 | 3.56 | 4.71 | 14.14 | 7.28 | 102.38 | -4.75 | 55.96 | 0.87 | 60.56 | -7.09 |
| 2019 (6) | 27.70 | 4.81 | 3.40 | -6.08 | 13.18 | -4.56 | 107.48 | 6.61 | 55.48 | 0.27 | 65.18 | 9.92 |
| 2018 (5) | 26.43 | 1.42 | 3.62 | -5.73 | 13.81 | -1.43 | 100.82 | 6.16 | 55.33 | 3.25 | 59.30 | 7.06 |
| 2017 (4) | 26.06 | 11.7 | 3.84 | 2.4 | 14.01 | -10.42 | 94.97 | -2.5 | 53.59 | 7.55 | 55.39 | -12.4 |
| 2016 (3) | 23.33 | 3.14 | 3.75 | 1.35 | 15.64 | -3.1 | 97.41 | -1.13 | 49.83 | -1.07 | 63.23 | -1.65 |
| 2015 (2) | 22.62 | -7.56 | 3.70 | -4.15 | 16.14 | 8.25 | 98.52 | 4.1 | 50.37 | -6.43 | 64.29 | 15.38 |
| 2014 (1) | 24.47 | -22.24 | 3.86 | -12.67 | 14.91 | 28.53 | 94.64 | 14.67 | 53.83 | 16.59 | 55.72 | 16.16 |
