- 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) | 1.38 | -6.12 | -2.82 | 1.18 | -3.28 | -7.81 | 66.02 | 6.74 | 2.75 | 77.34 | 4.11 | 9.07 | 32.83 | 33.78 | 6.28 | 110.53 | -0.95 | 6.0 |
| 23Q3 (19) | 1.47 | 31.25 | 10.53 | 1.22 | 9.91 | 8.93 | 61.85 | -23.58 | -9.51 | 74.29 | -9.38 | -8.46 | 24.54 | -8.71 | -37.53 | 111.59 | -17.97 | 1.24 |
| 23Q2 (18) | 1.12 | -15.15 | -26.8 | 1.11 | -15.91 | -17.78 | 80.93 | 17.34 | 36.09 | 81.98 | 18.57 | 21.61 | 26.88 | -8.38 | -25.85 | 136.03 | 25.06 | 50.09 |
| 23Q1 (17) | 1.32 | -7.04 | -20.96 | 1.32 | 3.13 | 2.33 | 68.97 | 7.35 | 26.83 | 69.14 | -2.5 | -2.11 | 29.34 | -5.02 | -12.0 | 108.77 | 4.32 | 18.64 |
| 22Q4 (16) | 1.42 | 6.77 | 2.9 | 1.28 | 14.29 | 13.27 | 64.25 | -6.0 | -2.4 | 70.91 | -12.63 | -11.69 | 30.89 | -21.36 | -12.96 | 104.27 | -5.4 | -5.77 |
| 22Q3 (15) | 1.33 | -13.07 | -13.64 | 1.12 | -17.04 | -14.5 | 68.35 | 14.93 | 15.71 | 81.16 | 20.4 | 17.05 | 39.28 | 8.36 | 15.16 | 110.22 | 21.62 | 16.87 |
| 22Q2 (14) | 1.53 | -8.38 | 0.66 | 1.35 | 4.65 | -2.88 | 59.47 | 9.36 | -0.44 | 67.41 | -4.56 | 2.62 | 36.25 | 8.73 | 8.86 | 90.63 | -1.15 | -1.63 |
| 22Q1 (13) | 1.67 | 21.01 | 2.45 | 1.29 | 14.16 | 4.03 | 54.38 | -17.39 | -2.84 | 70.63 | -12.04 | -3.8 | 33.34 | -6.06 | 1.06 | 91.68 | -17.14 | -4.91 |
| 21Q4 (12) | 1.38 | -10.39 | 0.0 | 1.13 | -13.74 | 11.88 | 65.83 | 11.44 | -0.02 | 80.30 | 15.81 | -10.87 | 35.49 | 4.05 | -8.93 | 110.65 | 17.33 | -5.39 |
| 21Q3 (11) | 1.54 | 1.32 | 6.94 | 1.31 | -5.76 | 14.91 | 59.07 | -1.1 | -6.68 | 69.34 | 5.56 | -12.81 | 34.11 | 2.43 | -3.07 | 94.31 | 2.37 | -12.38 |
| 21Q2 (10) | 1.52 | -6.75 | 25.62 | 1.39 | 12.1 | 23.01 | 59.73 | 6.72 | -20.53 | 65.69 | -10.53 | -18.19 | 33.30 | 0.94 | -16.1 | 92.13 | -4.44 | -20.41 |
| 21Q1 (9) | 1.63 | 18.12 | 7.24 | 1.24 | 22.77 | -5.34 | 55.97 | -14.99 | -6.22 | 73.42 | -18.5 | 5.95 | 32.99 | -15.35 | -1.76 | 96.41 | -17.56 | 1.07 |
| 20Q4 (8) | 1.38 | -4.17 | 5.34 | 1.01 | -11.4 | -19.84 | 65.84 | 4.01 | -5.18 | 90.09 | 13.28 | 24.42 | 38.97 | 10.74 | 13.71 | 116.95 | 8.66 | 8.71 |
| 20Q3 (7) | 1.44 | 19.01 | 5.11 | 1.14 | 0.88 | -23.49 | 63.30 | -15.78 | -4.57 | 79.53 | -0.96 | 30.27 | 35.19 | -11.34 | -9.49 | 107.63 | -7.02 | 21.62 |
| 20Q2 (6) | 1.21 | -20.39 | -21.94 | 1.13 | -13.74 | -22.6 | 75.16 | 25.94 | 27.87 | 80.30 | 15.87 | 29.02 | 39.69 | 18.2 | 3.55 | 115.76 | 21.35 | 39.99 |
| 20Q1 (5) | 1.52 | 16.03 | 0.66 | 1.31 | 3.97 | 15.93 | 59.68 | -14.06 | -1.06 | 69.30 | -4.29 | -13.76 | 33.58 | -2.01 | -26.02 | 95.39 | -11.33 | 0.1 |
| 19Q4 (4) | 1.31 | -4.38 | 0.0 | 1.26 | -15.44 | 0.0 | 69.44 | 4.69 | 0.0 | 72.41 | 18.61 | 0.0 | 34.27 | -11.86 | 0.0 | 107.58 | 21.56 | 0.0 |
| 19Q3 (3) | 1.37 | -11.61 | 0.0 | 1.49 | 2.05 | 0.0 | 66.33 | 12.84 | 0.0 | 61.05 | -1.91 | 0.0 | 38.88 | 1.43 | 0.0 | 88.50 | 7.03 | 0.0 |
| 19Q2 (2) | 1.55 | 2.65 | 0.0 | 1.46 | 29.2 | 0.0 | 58.78 | -2.55 | 0.0 | 62.24 | -22.55 | 0.0 | 38.33 | -15.55 | 0.0 | 82.69 | -13.22 | 0.0 |
| 19Q1 (1) | 1.51 | 0.0 | 0.0 | 1.13 | 0.0 | 0.0 | 60.32 | 0.0 | 0.0 | 80.36 | 0.0 | 0.0 | 45.39 | 0.0 | 0.0 | 95.29 | 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) | 4.44 | -31.06 | 4.41 | -19.23 | 82.19 | 44.96 | 82.80 | 23.97 | 36.57 | 29.41 | 128.41 | 34.86 |
| 2022 (9) | 6.44 | -6.4 | 5.46 | 13.75 | 56.70 | 6.82 | 66.79 | -12.19 | 28.26 | -7.65 | 95.22 | -3.38 |
| 2021 (8) | 6.88 | 15.24 | 4.80 | 11.63 | 53.08 | -13.23 | 76.06 | -10.34 | 30.60 | -9.04 | 98.55 | -12.3 |
| 2020 (7) | 5.97 | -11.69 | 4.30 | -16.83 | 61.17 | 13.32 | 84.83 | 20.14 | 33.64 | -5.51 | 112.37 | 26.29 |
| 2019 (6) | 6.76 | -9.63 | 5.17 | 15.92 | 53.98 | 10.64 | 70.61 | -13.81 | 35.60 | -25.4 | 88.98 | 7.22 |
| 2018 (5) | 7.48 | 3.6 | 4.46 | 14.65 | 48.79 | -3.44 | 81.92 | -12.79 | 47.72 | 0.76 | 82.99 | -14.53 |
| 2017 (4) | 7.22 | -11.74 | 3.89 | 2.37 | 50.53 | 13.22 | 93.93 | -2.19 | 47.36 | 39.62 | 97.10 | -9.02 |
| 2016 (3) | 8.18 | -8.81 | 3.80 | -2.31 | 44.63 | 9.74 | 96.03 | 2.42 | 33.92 | 10.31 | 106.73 | 2.94 |
| 2015 (2) | 8.97 | 5.78 | 3.89 | 1.04 | 40.67 | -5.55 | 93.76 | -1.21 | 30.75 | -18.91 | 103.68 | 3.63 |
| 2014 (1) | 8.48 | 14.13 | 3.85 | 10.63 | 43.06 | -12.37 | 94.91 | -9.62 | 37.92 | -10.06 | 100.05 | -10.66 |
