- 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) | 1.16 | -3.33 | 1.75 | 1.55 | 9.93 | 32.48 | 78.56 | 3.44 | -1.22 | 58.77 | -8.73 | -24.38 | 32.33 | 11.02 | -4.41 | 105.00 | -5.59 | -14.93 |
| 23Q3 (19) | 1.20 | 11.11 | -10.45 | 1.41 | 20.51 | 28.18 | 75.95 | -10.27 | 11.89 | 64.39 | -16.89 | -21.9 | 29.12 | -5.33 | 2.72 | 111.22 | -15.33 | -8.82 |
| 23Q2 (18) | 1.08 | 10.2 | 2.86 | 1.17 | 8.33 | 56.0 | 84.64 | -8.96 | -2.03 | 77.48 | -7.82 | -36.02 | 30.76 | -8.51 | -23.88 | 131.36 | -8.4 | -21.38 |
| 23Q1 (17) | 0.98 | -14.04 | -20.97 | 1.08 | -7.69 | 13.68 | 92.97 | 16.9 | 26.71 | 84.05 | 8.14 | -12.37 | 33.62 | -0.59 | -23.22 | 143.40 | 16.18 | 14.26 |
| 22Q4 (16) | 1.14 | -14.93 | -13.64 | 1.17 | 6.36 | 17.0 | 79.53 | 17.16 | 15.34 | 77.72 | -5.74 | -14.29 | 33.82 | 19.29 | -24.59 | 123.43 | 1.19 | 7.54 |
| 22Q3 (15) | 1.34 | 27.62 | 3.08 | 1.10 | 46.67 | 6.8 | 67.88 | -21.43 | -3.06 | 82.45 | -31.92 | -6.85 | 28.35 | -29.84 | -40.29 | 121.98 | -26.99 | 9.83 |
| 22Q2 (14) | 1.05 | -15.32 | -30.0 | 0.75 | -21.05 | -43.18 | 86.39 | 17.75 | 42.63 | 121.10 | 26.25 | 75.43 | 40.41 | -7.72 | -7.8 | 167.08 | 33.13 | 94.82 |
| 22Q1 (13) | 1.24 | -6.06 | -9.49 | 0.95 | -5.0 | -35.37 | 73.37 | 6.41 | 10.48 | 95.92 | 5.78 | 54.68 | 43.79 | -2.36 | -1.4 | 125.50 | 9.34 | 49.39 |
| 21Q4 (12) | 1.32 | 1.54 | -14.84 | 1.00 | -2.91 | -36.31 | 68.95 | -1.53 | 17.58 | 90.68 | 2.45 | 55.97 | 44.85 | -5.54 | 8.18 | 114.78 | 3.35 | 52.39 |
| 21Q3 (11) | 1.30 | -13.33 | -26.55 | 1.03 | -21.97 | -21.37 | 70.02 | 15.6 | 36.41 | 88.51 | 28.22 | 27.52 | 47.48 | 8.33 | 9.6 | 111.06 | 29.5 | 43.45 |
| 21Q2 (10) | 1.50 | 9.49 | -6.83 | 1.32 | -10.2 | 24.53 | 60.57 | -8.79 | 7.3 | 69.03 | 11.32 | -19.81 | 43.83 | -1.31 | -3.14 | 85.76 | 2.08 | -11.84 |
| 21Q1 (9) | 1.37 | -11.61 | -4.2 | 1.47 | -6.37 | 50.0 | 66.41 | 13.25 | 4.01 | 62.01 | 6.66 | -32.94 | 44.41 | 7.12 | -19.49 | 84.01 | 11.54 | -16.95 |
| 20Q4 (8) | 1.55 | -12.43 | -10.4 | 1.57 | 19.85 | 18.05 | 58.64 | 14.24 | 11.17 | 58.14 | -16.24 | -15.1 | 41.46 | -4.29 | -16.56 | 75.32 | -2.71 | 5.27 |
| 20Q3 (7) | 1.77 | 9.94 | 4.73 | 1.31 | 23.58 | 0.77 | 51.33 | -9.07 | -4.5 | 69.41 | -19.37 | -1.08 | 43.32 | -4.27 | -11.17 | 77.42 | -20.42 | 3.01 |
| 20Q2 (6) | 1.61 | 12.59 | -4.17 | 1.06 | 8.16 | -15.87 | 56.45 | -11.59 | 4.32 | 86.08 | -6.91 | 19.27 | 45.25 | -17.97 | -12.02 | 97.28 | -3.84 | 29.97 |
| 20Q1 (5) | 1.43 | -17.34 | -8.33 | 0.98 | -26.32 | -25.19 | 63.85 | 21.04 | 9.73 | 92.47 | 35.03 | 33.22 | 55.16 | 11.01 | 1.92 | 101.16 | 41.38 | 37.67 |
| 19Q4 (4) | 1.73 | 2.37 | 0.0 | 1.33 | 2.31 | 0.0 | 52.75 | -1.86 | 0.0 | 68.48 | -2.41 | 0.0 | 49.69 | 1.89 | 0.0 | 71.55 | -4.8 | 0.0 |
| 19Q3 (3) | 1.69 | 0.6 | 0.0 | 1.30 | 3.17 | 0.0 | 53.75 | -0.67 | 0.0 | 70.17 | -2.77 | 0.0 | 48.77 | -5.17 | 0.0 | 75.16 | 0.41 | 0.0 |
| 19Q2 (2) | 1.68 | 7.69 | 0.0 | 1.26 | -3.82 | 0.0 | 54.11 | -7.01 | 0.0 | 72.17 | 3.98 | 0.0 | 51.43 | -4.97 | 0.0 | 74.85 | 1.86 | 0.0 |
| 19Q1 (1) | 1.56 | 0.0 | 0.0 | 1.31 | 0.0 | 0.0 | 58.19 | 0.0 | 0.0 | 69.41 | 0.0 | 0.0 | 54.12 | 0.0 | 0.0 | 73.48 | 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) | 3.86 | -17.7 | 4.86 | 13.02 | 94.47 | 21.32 | 75.11 | -11.44 | 38.43 | -4.62 | 131.14 | 7.14 |
| 2022 (9) | 4.69 | -9.11 | 4.30 | -8.32 | 77.87 | 10.06 | 84.81 | 9.0 | 40.29 | -13.82 | 122.40 | 20.22 |
| 2021 (8) | 5.16 | -5.49 | 4.69 | -6.2 | 70.75 | 5.75 | 77.81 | 6.68 | 46.75 | -14.11 | 101.81 | 19.2 |
| 2020 (7) | 5.46 | -22.88 | 5.00 | -13.34 | 66.90 | 29.73 | 72.94 | 15.39 | 54.43 | 12.57 | 85.41 | 28.57 |
| 2019 (6) | 7.08 | 32.09 | 5.77 | -8.27 | 51.57 | -24.33 | 63.21 | 9.0 | 48.35 | -9.64 | 66.43 | -8.54 |
| 2018 (5) | 5.36 | 6.77 | 6.29 | -21.18 | 68.15 | -6.23 | 57.99 | 26.84 | 53.51 | 4.51 | 72.63 | 8.08 |
| 2017 (4) | 5.02 | 3.93 | 7.98 | -4.32 | 72.68 | -3.89 | 45.72 | 4.43 | 51.20 | 10.44 | 67.20 | -8.0 |
| 2016 (3) | 4.83 | -7.82 | 8.34 | -5.44 | 75.62 | 8.48 | 43.78 | 5.77 | 46.36 | 12.17 | 73.04 | 4.7 |
| 2015 (2) | 5.24 | 10.55 | 8.82 | 2.08 | 69.71 | -9.4 | 41.39 | -2.01 | 41.33 | -6.7 | 69.76 | -6.85 |
| 2014 (1) | 4.74 | -8.49 | 8.64 | 1.17 | 76.94 | 9.09 | 42.24 | -1.17 | 44.30 | 17.01 | 74.89 | -0.68 |
