- 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) | 1.77 | 5.36 | -22.37 | 5.06 | 26.18 | 84.67 | 51.33 | -4.98 | 28.36 | 17.98 | -20.86 | -45.81 | 10.62 | 12.5 | -62.59 | 58.69 | -12.81 | 31.03 |
| 23Q3 (19) | 1.68 | -5.62 | -5.62 | 4.01 | 42.2 | 61.69 | 54.02 | 5.47 | 5.78 | 22.72 | -29.64 | -38.08 | 9.44 | -45.9 | -70.31 | 67.31 | 1.88 | 20.26 |
| 23Q2 (18) | 1.78 | -4.81 | -11.88 | 2.82 | 18.99 | 26.46 | 51.22 | 4.98 | 13.87 | 32.29 | -15.96 | -20.97 | 17.45 | -35.23 | -37.25 | 66.07 | 9.62 | 13.85 |
| 23Q1 (17) | 1.87 | -17.98 | 1.63 | 2.37 | -13.5 | 16.18 | 48.79 | 22.01 | -1.39 | 38.42 | 15.79 | -13.76 | 26.94 | -5.11 | 9.51 | 60.27 | 34.56 | -13.21 |
| 22Q4 (16) | 2.28 | 28.09 | 6.05 | 2.74 | 10.48 | 14.17 | 39.99 | -21.7 | -5.46 | 33.18 | -9.57 | -12.59 | 28.39 | -10.7 | 49.03 | 44.79 | -19.97 | -26.83 |
| 22Q3 (15) | 1.78 | -11.88 | 13.38 | 2.48 | 11.21 | 25.89 | 51.07 | 13.54 | -11.69 | 36.69 | -10.21 | -20.46 | 31.79 | 14.31 | 48.69 | 55.97 | -3.55 | -32.23 |
| 22Q2 (14) | 2.02 | 9.78 | 53.03 | 2.23 | 9.31 | 0.9 | 44.98 | -9.09 | -34.91 | 40.86 | -8.28 | -0.9 | 27.81 | 13.05 | 73.92 | 58.03 | -16.43 | -38.49 |
| 22Q1 (13) | 1.84 | -14.42 | 42.64 | 2.04 | -15.0 | -19.05 | 49.48 | 16.97 | -30.04 | 44.55 | 17.36 | 23.34 | 24.60 | 29.13 | 50.74 | 69.44 | 13.45 | -23.3 |
| 21Q4 (12) | 2.15 | 36.94 | 24.28 | 2.40 | 21.83 | -27.71 | 42.30 | -26.85 | -19.7 | 37.96 | -17.71 | 38.39 | 19.05 | -10.9 | 25.83 | 61.21 | -25.89 | -5.79 |
| 21Q3 (11) | 1.57 | 18.94 | 16.3 | 1.97 | -10.86 | -27.31 | 57.83 | -16.31 | -14.25 | 46.13 | 11.88 | 37.29 | 21.38 | 33.71 | -0.47 | 82.59 | -12.45 | 3.8 |
| 21Q2 (10) | 1.32 | 2.33 | 4.76 | 2.21 | -12.3 | -3.07 | 69.10 | -2.3 | -4.32 | 41.23 | 14.15 | 3.49 | 15.99 | -2.02 | -59.31 | 94.34 | 4.21 | 29.66 |
| 21Q1 (9) | 1.29 | -25.43 | 4.03 | 2.52 | -24.1 | 20.0 | 70.73 | 34.26 | -3.96 | 36.12 | 31.68 | -16.79 | 16.32 | 7.79 | -71.83 | 90.53 | 39.34 | 53.1 |
| 20Q4 (8) | 1.73 | 28.15 | -4.42 | 3.32 | 22.51 | 24.81 | 52.68 | -21.89 | 4.86 | 27.43 | -18.36 | -19.75 | 15.14 | -29.52 | -72.77 | 64.97 | -18.35 | 125.43 |
| 20Q3 (7) | 1.35 | 7.14 | -15.09 | 2.71 | 18.86 | 5.45 | 67.44 | -6.62 | 17.9 | 33.60 | -15.66 | -5.14 | 21.48 | -45.34 | -70.61 | 79.57 | 9.36 | 307.42 |
| 20Q2 (6) | 1.26 | 1.61 | -14.29 | 2.28 | 8.57 | -14.93 | 72.22 | -1.94 | 16.63 | 39.84 | -8.22 | 17.49 | 39.30 | -32.16 | -50.18 | 72.76 | 23.05 | 329.01 |
| 20Q1 (5) | 1.24 | -31.49 | -7.46 | 2.10 | -21.05 | -28.08 | 73.65 | 46.6 | 8.2 | 43.41 | 27.0 | 39.49 | 57.93 | 4.19 | -32.4 | 59.13 | 105.17 | 338.0 |
| 19Q4 (4) | 1.81 | 13.84 | 0.0 | 2.66 | 3.5 | 0.0 | 50.24 | -12.17 | 0.0 | 34.18 | -3.5 | 0.0 | 55.60 | -23.92 | 0.0 | 28.82 | 47.57 | 0.0 |
| 19Q3 (3) | 1.59 | 8.16 | 0.0 | 2.57 | -4.1 | 0.0 | 57.20 | -7.62 | 0.0 | 35.42 | 4.45 | 0.0 | 73.08 | -7.35 | 0.0 | 19.53 | 15.15 | 0.0 |
| 19Q2 (2) | 1.47 | 9.7 | 0.0 | 2.68 | -8.22 | 0.0 | 61.92 | -9.03 | 0.0 | 33.91 | 8.97 | 0.0 | 78.88 | -7.95 | 0.0 | 16.96 | 25.63 | 0.0 |
| 19Q1 (1) | 1.34 | 0.0 | 0.0 | 2.92 | 0.0 | 0.0 | 68.07 | 0.0 | 0.0 | 31.12 | 0.0 | 0.0 | 85.69 | 0.0 | 0.0 | 13.50 | 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) | 7.64 | 4.09 | 13.69 | 45.64 | 47.80 | -3.88 | 26.67 | -31.3 | 20.14 | -16.54 | 54.32 | -15.69 |
| 2022 (9) | 7.34 | 22.74 | 9.40 | -9.35 | 49.73 | -18.6 | 38.82 | 10.28 | 24.13 | 38.2 | 64.43 | -18.27 |
| 2021 (8) | 5.98 | 23.81 | 10.37 | 4.75 | 61.09 | -19.14 | 35.20 | -4.5 | 17.46 | -55.0 | 78.83 | 7.09 |
| 2020 (7) | 4.83 | -8.17 | 9.90 | -18.18 | 75.55 | 8.89 | 36.86 | 22.13 | 38.80 | -42.09 | 73.61 | 126.07 |
| 2019 (6) | 5.26 | 2.73 | 12.10 | -7.63 | 69.38 | -2.65 | 30.18 | 8.29 | 67.00 | -15.99 | 32.56 | 67.92 |
| 2018 (5) | 5.12 | -9.86 | 13.10 | -1.65 | 71.27 | 10.84 | 27.87 | 1.72 | 79.75 | 16.82 | 19.39 | -17.24 |
| 2017 (4) | 5.68 | 24.84 | 13.32 | -0.67 | 64.30 | -19.86 | 27.40 | 0.66 | 68.27 | 25.91 | 23.43 | -55.98 |
| 2016 (3) | 4.55 | -6.95 | 13.41 | -5.03 | 80.23 | 7.55 | 27.22 | 5.3 | 54.22 | 34.57 | 53.23 | -11.5 |
| 2015 (2) | 4.89 | -25.23 | 14.12 | -13.9 | 74.60 | 33.69 | 25.85 | 16.13 | 40.29 | 28.64 | 60.15 | 28.69 |
| 2014 (1) | 6.54 | -31.45 | 16.40 | 26.25 | 55.80 | 45.77 | 22.26 | -20.81 | 31.32 | 20.88 | 46.74 | 15.46 |
