- 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) | 0.95 | -12.84 | -22.76 | 1.01 | -6.48 | 23.17 | 96.24 | 15.76 | 30.3 | 90.29 | 7.59 | -18.37 | 45.05 | 15.78 | -4.41 | 141.48 | 10.39 | 3.01 |
| 23Q3 (19) | 1.09 | -18.05 | -18.05 | 1.08 | 13.68 | 11.34 | 83.14 | 21.12 | 21.59 | 83.92 | -12.85 | -10.29 | 38.91 | 12.49 | -3.18 | 128.16 | -1.68 | 5.27 |
| 23Q2 (18) | 1.33 | 0.0 | -5.0 | 0.95 | 25.0 | 11.76 | 68.64 | 0.6 | 5.54 | 96.29 | -19.06 | -10.39 | 34.59 | -27.18 | -30.19 | 130.35 | -6.69 | 6.02 |
| 23Q1 (17) | 1.33 | 8.13 | -15.82 | 0.76 | -7.32 | -6.17 | 68.23 | -7.62 | 18.76 | 118.97 | 7.56 | 6.16 | 47.50 | 0.79 | -2.34 | 139.70 | 1.72 | 15.57 |
| 22Q4 (16) | 1.23 | -7.52 | -30.9 | 0.82 | -15.46 | -7.87 | 73.86 | 8.01 | 44.65 | 110.61 | 18.24 | 8.1 | 47.13 | 17.27 | 2.1 | 137.34 | 12.81 | 28.09 |
| 22Q3 (15) | 1.33 | -5.0 | -38.43 | 0.97 | 14.12 | 19.75 | 68.38 | 5.14 | 61.96 | 93.55 | -12.94 | -17.04 | 40.19 | -18.89 | -20.18 | 121.74 | -0.98 | 16.33 |
| 22Q2 (14) | 1.40 | -11.39 | -15.15 | 0.85 | 4.94 | 25.0 | 65.04 | 13.21 | 17.72 | 107.46 | -4.11 | -19.52 | 49.55 | 1.87 | -8.75 | 122.95 | 1.71 | -8.57 |
| 22Q1 (13) | 1.58 | -11.24 | 19.7 | 0.81 | -8.99 | -1.22 | 57.45 | 12.51 | -16.42 | 112.07 | 9.53 | 1.52 | 48.64 | 5.37 | -9.88 | 120.88 | 12.74 | -3.42 |
| 21Q4 (12) | 1.78 | -17.59 | 49.58 | 0.89 | 9.88 | -15.24 | 51.06 | 20.94 | -33.51 | 102.32 | -9.27 | 17.54 | 46.16 | -8.32 | -2.29 | 107.22 | 2.46 | -8.04 |
| 21Q3 (11) | 2.16 | 30.91 | 32.52 | 0.81 | 19.12 | -45.27 | 42.22 | -23.58 | -24.23 | 112.77 | -15.54 | 83.52 | 50.35 | -7.27 | 67.55 | 104.65 | -22.18 | 20.12 |
| 21Q2 (10) | 1.65 | 25.0 | 24.06 | 0.68 | -17.07 | -31.31 | 55.25 | -19.62 | -19.24 | 133.52 | 20.95 | 45.34 | 54.30 | 0.61 | 40.93 | 134.47 | 7.44 | 10.45 |
| 21Q1 (9) | 1.32 | 10.92 | -2.94 | 0.82 | -21.9 | -23.36 | 68.74 | -10.48 | 2.54 | 110.39 | 26.81 | 29.63 | 53.97 | 14.25 | 63.05 | 125.16 | 7.34 | 5.09 |
| 20Q4 (8) | 1.19 | -26.99 | -3.25 | 1.05 | -29.05 | -16.67 | 76.79 | 37.81 | 4.07 | 87.05 | 41.66 | 20.53 | 47.24 | 57.2 | 57.31 | 116.60 | 33.84 | 0.53 |
| 20Q3 (7) | 1.63 | 22.56 | -8.43 | 1.48 | 49.49 | -9.2 | 55.72 | -18.55 | 9.23 | 61.45 | -33.11 | 10.34 | 30.05 | -22.01 | 39.64 | 87.12 | -28.44 | 2.28 |
| 20Q2 (6) | 1.33 | -2.21 | -21.76 | 0.99 | -7.48 | -6.6 | 68.41 | 2.04 | 27.82 | 91.87 | 7.88 | 7.25 | 38.53 | 16.4 | 13.56 | 121.75 | 2.23 | 15.68 |
| 20Q1 (5) | 1.36 | 10.57 | -14.47 | 1.07 | -15.08 | 15.05 | 67.04 | -9.15 | 17.33 | 85.16 | 17.92 | -13.17 | 33.10 | 10.22 | -23.34 | 119.10 | 2.69 | 6.29 |
| 19Q4 (4) | 1.23 | -30.9 | 0.0 | 1.26 | -22.7 | 0.0 | 73.79 | 44.66 | 0.0 | 72.22 | 29.68 | 0.0 | 30.03 | 39.54 | 0.0 | 115.98 | 36.16 | 0.0 |
| 19Q3 (3) | 1.78 | 4.71 | 0.0 | 1.63 | 53.77 | 0.0 | 51.01 | -4.69 | 0.0 | 55.69 | -34.99 | 0.0 | 21.52 | -36.58 | 0.0 | 85.18 | -19.07 | 0.0 |
| 19Q2 (2) | 1.70 | 6.92 | 0.0 | 1.06 | 13.98 | 0.0 | 53.52 | -6.34 | 0.0 | 85.66 | -12.66 | 0.0 | 33.93 | -21.42 | 0.0 | 105.25 | -6.07 | 0.0 |
| 19Q1 (1) | 1.59 | 0.0 | 0.0 | 0.93 | 0.0 | 0.0 | 57.14 | 0.0 | 0.0 | 98.08 | 0.0 | 0.0 | 43.18 | 0.0 | 0.0 | 112.05 | 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) | 5.29 | -20.21 | 3.82 | 7.61 | 68.97 | 25.33 | 95.44 | -7.24 | 38.79 | -4.43 | 125.62 | 7.07 |
| 2022 (9) | 6.63 | 16.52 | 3.55 | -1.39 | 55.03 | -14.26 | 102.89 | 1.4 | 40.59 | -10.04 | 117.33 | -2.66 |
| 2021 (8) | 5.69 | -9.97 | 3.60 | -18.92 | 64.18 | 11.06 | 101.47 | 23.55 | 45.12 | 20.93 | 120.54 | 17.47 |
| 2020 (7) | 6.32 | -18.03 | 4.44 | -16.23 | 57.79 | 22.07 | 82.13 | 19.24 | 37.31 | 35.62 | 102.61 | 15.66 |
| 2019 (6) | 7.71 | 0.39 | 5.30 | 11.11 | 47.34 | -0.36 | 68.88 | -10.02 | 27.51 | -37.8 | 88.72 | 11.14 |
| 2018 (5) | 7.68 | 26.94 | 4.77 | 32.87 | 47.51 | -21.24 | 76.55 | -24.63 | 44.23 | -37.6 | 79.83 | -12.28 |
| 2017 (4) | 6.05 | -0.82 | 3.59 | -4.77 | 60.32 | 0.73 | 101.57 | 4.91 | 70.88 | 13.43 | 91.01 | -3.39 |
| 2016 (3) | 6.10 | 5.35 | 3.77 | -13.13 | 59.88 | -5.04 | 96.82 | 15.12 | 62.49 | 17.99 | 94.20 | -0.01 |
| 2015 (2) | 5.79 | -15.23 | 4.34 | -17.02 | 63.06 | 18.0 | 84.10 | 20.54 | 52.96 | 8.77 | 94.21 | 26.42 |
| 2014 (1) | 6.83 | 24.64 | 5.23 | 30.1 | 53.44 | -19.82 | 69.77 | -23.16 | 48.69 | -34.93 | 74.52 | -9.8 |
