- 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) | 1.89 | 13.86 | 2.72 | 0.95 | -12.04 | -17.39 | 48.02 | -12.21 | -2.93 | 95.56 | 13.68 | 21.19 | 12.91 | -14.22 | -37.63 | 130.67 | 5.62 | 21.42 |
| 23Q3 (19) | 1.66 | -20.95 | 22.06 | 1.08 | -14.29 | 1.89 | 54.70 | 25.98 | -18.14 | 84.06 | 16.64 | -1.81 | 15.05 | 27.22 | -24.79 | 123.72 | 19.35 | -6.57 |
| 23Q2 (18) | 2.10 | -4.55 | 40.94 | 1.26 | 18.87 | 41.57 | 43.42 | 5.08 | -28.84 | 72.07 | -16.07 | -29.34 | 11.83 | -35.78 | -33.73 | 103.66 | -4.7 | -28.59 |
| 23Q1 (17) | 2.20 | 19.57 | 1.85 | 1.06 | -7.83 | 0.95 | 41.32 | -16.47 | -1.95 | 85.87 | 8.9 | -0.79 | 18.42 | -11.01 | -14.76 | 108.77 | 1.07 | 1.58 |
| 22Q4 (16) | 1.84 | 35.29 | -15.21 | 1.15 | 8.49 | -2.54 | 49.47 | -25.97 | 17.76 | 78.85 | -7.9 | 2.38 | 20.70 | 3.45 | -2.31 | 107.62 | -18.73 | 10.0 |
| 22Q3 (15) | 1.36 | -8.72 | -14.47 | 1.06 | 19.1 | 4.95 | 66.82 | 9.51 | 16.74 | 85.61 | -16.06 | -4.6 | 20.01 | 12.1 | 27.86 | 132.42 | -8.78 | 0.84 |
| 22Q2 (14) | 1.49 | -31.02 | -6.29 | 0.89 | -15.24 | -1.11 | 61.02 | 44.8 | 6.51 | 101.99 | 17.84 | 1.23 | 17.85 | -17.4 | -19.74 | 145.16 | 35.56 | 6.89 |
| 22Q1 (13) | 2.16 | -0.46 | 2.86 | 1.05 | -11.02 | -17.32 | 42.14 | 0.31 | -2.66 | 86.55 | 12.37 | 21.07 | 21.61 | 1.98 | 33.31 | 107.08 | 9.44 | 8.63 |
| 21Q4 (12) | 2.17 | 36.48 | 16.67 | 1.18 | 16.83 | -4.07 | 42.01 | -26.61 | -14.11 | 77.02 | -14.17 | 3.93 | 21.19 | 35.4 | 46.64 | 97.84 | -25.49 | -9.88 |
| 21Q3 (11) | 1.59 | 0.0 | 3.92 | 1.01 | 12.22 | 4.12 | 57.24 | -0.09 | -3.51 | 89.74 | -10.93 | -4.31 | 15.65 | -29.63 | 5.32 | 131.32 | -3.3 | -5.01 |
| 21Q2 (10) | 1.59 | -24.29 | 26.19 | 0.90 | -29.13 | 15.38 | 57.29 | 32.34 | -20.88 | 100.75 | 40.93 | -14.04 | 22.24 | 37.2 | 35.86 | 135.80 | 37.77 | -21.61 |
| 21Q1 (9) | 2.10 | 12.9 | 42.86 | 1.27 | 3.25 | 64.94 | 43.29 | -11.49 | -30.3 | 71.49 | -3.54 | -39.61 | 16.21 | 12.18 | -34.05 | 98.57 | -9.21 | -36.78 |
| 20Q4 (8) | 1.86 | 21.57 | 16.98 | 1.23 | 26.8 | 23.0 | 48.91 | -17.55 | -14.78 | 74.11 | -20.97 | -18.69 | 14.45 | -2.76 | -25.01 | 108.57 | -21.46 | -16.01 |
| 20Q3 (7) | 1.53 | 21.43 | 21.43 | 0.97 | 24.36 | 15.48 | 59.32 | -18.08 | -17.6 | 93.78 | -19.98 | -13.84 | 14.86 | -9.22 | -31.39 | 138.24 | -20.2 | -13.14 |
| 20Q2 (6) | 1.26 | -14.29 | -8.7 | 0.78 | 1.3 | -6.02 | 72.41 | 16.58 | 9.56 | 117.20 | -1.0 | 6.39 | 16.37 | -33.4 | -29.35 | 173.24 | 11.11 | 13.17 |
| 20Q1 (5) | 1.47 | -7.55 | 6.52 | 0.77 | -23.0 | 4.05 | 62.11 | 8.22 | -6.09 | 118.38 | 29.89 | -3.99 | 24.58 | 27.56 | -3.08 | 155.92 | 20.63 | -4.97 |
| 19Q4 (4) | 1.59 | 26.19 | 0.0 | 1.00 | 19.05 | 0.0 | 57.39 | -20.28 | 0.0 | 91.14 | -16.26 | 0.0 | 19.27 | -11.03 | 0.0 | 129.26 | -18.79 | 0.0 |
| 19Q3 (3) | 1.26 | -8.7 | 0.0 | 0.84 | 1.2 | 0.0 | 71.99 | 8.93 | 0.0 | 108.84 | -1.2 | 0.0 | 21.66 | -6.52 | 0.0 | 159.16 | 3.97 | 0.0 |
| 19Q2 (2) | 1.38 | 0.0 | 0.0 | 0.83 | 12.16 | 0.0 | 66.09 | -0.08 | 0.0 | 110.16 | -10.66 | 0.0 | 23.17 | -8.64 | 0.0 | 153.08 | -6.7 | 0.0 |
| 19Q1 (1) | 1.38 | 0.0 | 0.0 | 0.74 | 0.0 | 0.0 | 66.14 | 0.0 | 0.0 | 123.30 | 0.0 | 0.0 | 25.36 | 0.0 | 0.0 | 164.08 | 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) | 8.36 | 2.58 | 3.70 | -7.96 | 43.66 | -2.52 | 98.60 | 8.7 | 16.63 | -39.11 | 125.63 | 16.12 |
| 2022 (9) | 8.15 | 6.4 | 4.02 | -5.41 | 44.79 | -5.98 | 90.71 | 5.5 | 27.31 | 13.7 | 108.19 | -1.29 |
| 2021 (8) | 7.66 | 14.16 | 4.25 | 15.8 | 47.64 | -12.43 | 85.98 | -13.61 | 24.02 | 5.91 | 109.60 | -16.48 |
| 2020 (7) | 6.71 | 3.87 | 3.67 | 19.54 | 54.40 | -3.67 | 99.52 | -16.31 | 22.68 | -18.18 | 131.23 | -11.12 |
| 2019 (6) | 6.46 | 0.0 | 3.07 | 30.64 | 56.47 | -0.07 | 118.91 | -23.51 | 27.72 | -27.61 | 147.65 | -14.99 |
| 2018 (5) | 6.46 | 5.9 | 2.35 | -2.49 | 56.51 | -5.49 | 155.46 | 2.51 | 38.29 | 10.35 | 173.68 | -1.74 |
| 2017 (4) | 6.10 | 1.67 | 2.41 | -23.0 | 59.79 | -1.65 | 151.66 | 30.17 | 34.70 | 129.19 | 176.76 | 9.0 |
| 2016 (3) | 6.00 | -3.85 | 3.13 | -4.86 | 60.79 | 4.0 | 116.51 | 5.16 | 15.14 | -39.37 | 162.17 | 12.41 |
| 2015 (2) | 6.24 | 20.0 | 3.29 | 30.04 | 58.45 | -16.79 | 110.79 | -23.27 | 24.97 | -20.81 | 144.27 | -21.21 |
| 2014 (1) | 5.20 | 59.02 | 2.53 | 42.94 | 70.24 | -37.07 | 144.39 | -29.84 | 31.53 | 25.77 | 183.11 | -37.37 |
