- 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) | 8.08 | -2.3 | -0.25 | 1.41 | 6.82 | 11.9 | 11.26 | 2.27 | 0.27 | 64.37 | -6.53 | -11.21 | 52.86 | 20.63 | 31.99 | 22.76 | -36.88 | -47.91 |
| 23Q3 (19) | 8.27 | 4.68 | 5.48 | 1.32 | 16.81 | 12.82 | 11.01 | -4.43 | -5.17 | 68.87 | -14.35 | -11.69 | 43.82 | 9.47 | -3.46 | 36.06 | -30.52 | -18.43 |
| 23Q2 (18) | 7.90 | 18.09 | -13.28 | 1.13 | 3.67 | -17.52 | 11.52 | -15.36 | 15.32 | 80.41 | -3.3 | 20.72 | 40.03 | -9.9 | 4.65 | 51.90 | -0.82 | 35.33 |
| 23Q1 (17) | 6.69 | -17.41 | 0.15 | 1.09 | -13.49 | -5.22 | 13.61 | 21.19 | -0.15 | 83.15 | 14.69 | 4.67 | 44.43 | 10.94 | -1.57 | 52.33 | 19.78 | 9.18 |
| 22Q4 (16) | 8.10 | 3.32 | 8.43 | 1.26 | 7.69 | 2.44 | 11.23 | -3.27 | -7.72 | 72.50 | -7.04 | -2.17 | 40.05 | -11.76 | -14.95 | 43.69 | -1.18 | 11.45 |
| 22Q3 (15) | 7.84 | -13.94 | -12.89 | 1.17 | -14.6 | -23.53 | 11.61 | 16.22 | 14.84 | 77.99 | 17.08 | 31.43 | 45.39 | 18.67 | -3.14 | 44.21 | 15.28 | 95.62 |
| 22Q2 (14) | 9.11 | 36.38 | -6.85 | 1.37 | 19.13 | -14.37 | 9.99 | -26.71 | 7.3 | 66.61 | -16.15 | 17.48 | 38.25 | -15.26 | -10.78 | 38.35 | -19.99 | 65.8 |
| 22Q1 (13) | 6.68 | -10.58 | 54.99 | 1.15 | -6.5 | -12.88 | 13.63 | 12.0 | -35.4 | 79.44 | 7.19 | 15.28 | 45.14 | -4.14 | 4.08 | 47.93 | 22.27 | 2.79 |
| 21Q4 (12) | 7.47 | -17.0 | 160.28 | 1.23 | -19.61 | -10.22 | 12.17 | 20.38 | -61.6 | 74.11 | 24.89 | 11.31 | 47.09 | 0.49 | 10.85 | 39.20 | 73.45 | -29.75 |
| 21Q3 (11) | 9.00 | -7.98 | 239.62 | 1.53 | -4.38 | 19.53 | 10.11 | 8.59 | -70.51 | 59.34 | 4.66 | -16.3 | 46.86 | 9.31 | 15.48 | 22.60 | -2.29 | -65.02 |
| 21Q2 (10) | 9.78 | 126.91 | 129.04 | 1.60 | 21.21 | 17.65 | 9.31 | -55.88 | -56.33 | 56.70 | -17.72 | -15.51 | 42.87 | -1.15 | -3.25 | 23.13 | -50.4 | -47.57 |
| 21Q1 (9) | 4.31 | 50.17 | -58.6 | 1.32 | -3.65 | -7.69 | 21.10 | -33.42 | 141.42 | 68.91 | 3.5 | 8.35 | 43.37 | 2.1 | -8.79 | 46.63 | -16.43 | 88.1 |
| 20Q4 (8) | 2.87 | 8.3 | -69.95 | 1.37 | 7.03 | -7.43 | 31.69 | -7.56 | 232.53 | 66.58 | -6.09 | 8.0 | 42.48 | 4.68 | -10.42 | 55.80 | -13.64 | 134.75 |
| 20Q3 (7) | 2.65 | -37.94 | -71.35 | 1.28 | -5.88 | -9.86 | 34.28 | 60.79 | 248.37 | 70.90 | 5.65 | 10.94 | 40.58 | -8.42 | -20.73 | 64.61 | 46.44 | 186.52 |
| 20Q2 (6) | 4.27 | -58.98 | -53.28 | 1.36 | -4.9 | 3.82 | 21.32 | 143.94 | 114.06 | 67.11 | 5.52 | -3.1 | 44.31 | -6.81 | -14.09 | 44.12 | 77.97 | 59.57 |
| 20Q1 (5) | 10.41 | 9.01 | 18.84 | 1.43 | -3.38 | 12.6 | 8.74 | -8.29 | -15.88 | 63.60 | 3.16 | -11.12 | 47.55 | 0.27 | -16.83 | 24.79 | 4.29 | 0.04 |
| 19Q4 (4) | 9.55 | 3.24 | 0.0 | 1.48 | 4.23 | 0.0 | 9.53 | -3.15 | 0.0 | 61.65 | -3.54 | 0.0 | 47.42 | -7.36 | 0.0 | 23.77 | 5.41 | 0.0 |
| 19Q3 (3) | 9.25 | 1.2 | 0.0 | 1.42 | 8.4 | 0.0 | 9.84 | -1.2 | 0.0 | 63.91 | -7.72 | 0.0 | 51.19 | -0.76 | 0.0 | 22.55 | -18.44 | 0.0 |
| 19Q2 (2) | 9.14 | 4.34 | 0.0 | 1.31 | 3.15 | 0.0 | 9.96 | -4.14 | 0.0 | 69.26 | -3.21 | 0.0 | 51.58 | -9.78 | 0.0 | 27.65 | 11.58 | 0.0 |
| 19Q1 (1) | 8.76 | 0.0 | 0.0 | 1.27 | 0.0 | 0.0 | 10.39 | 0.0 | 0.0 | 71.56 | 0.0 | 0.0 | 57.17 | 0.0 | 0.0 | 24.78 | 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) | 26.43 | 3.97 | 4.69 | -0.21 | 13.81 | -3.83 | 77.83 | 0.12 | 53.36 | 19.75 | 38.28 | -19.48 |
| 2022 (9) | 25.42 | 45.09 | 4.70 | -9.96 | 14.36 | -31.06 | 77.74 | 11.18 | 44.56 | 3.51 | 47.54 | -0.36 |
| 2021 (8) | 17.52 | -4.05 | 5.22 | -3.69 | 20.83 | 4.25 | 69.92 | 3.74 | 43.05 | -3.15 | 47.71 | 11.13 |
| 2020 (7) | 18.26 | -51.54 | 5.42 | 6.48 | 19.98 | 106.19 | 67.40 | -6.0 | 44.45 | -18.53 | 42.93 | 60.07 |
| 2019 (6) | 37.68 | -17.87 | 5.09 | 3.04 | 9.69 | 21.89 | 71.70 | -2.94 | 54.56 | -10.07 | 26.82 | 26.81 |
| 2018 (5) | 45.88 | 13.28 | 4.94 | 18.18 | 7.95 | -11.76 | 73.87 | -15.33 | 60.67 | 16.18 | 21.15 | -51.96 |
| 2017 (4) | 40.50 | 5.77 | 4.18 | 6.09 | 9.01 | -5.46 | 87.24 | -5.94 | 52.22 | 17.53 | 44.03 | -23.89 |
| 2016 (3) | 38.29 | 6.6 | 3.94 | 0.51 | 9.53 | -6.2 | 92.75 | -0.41 | 44.43 | -16.94 | 57.85 | 16.16 |
| 2015 (2) | 35.92 | 15.24 | 3.92 | 6.23 | 10.16 | -13.24 | 93.13 | -5.91 | 53.49 | -11.18 | 49.80 | -1.35 |
| 2014 (1) | 31.17 | 48.71 | 3.69 | 2.5 | 11.71 | -32.74 | 98.98 | -2.39 | 60.22 | 7.23 | 50.48 | -19.44 |
