- 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) | 1.70 | 9.68 | 17.24 | 1.51 | 4.14 | 7.09 | 53.58 | -8.71 | -14.83 | 60.27 | -3.78 | -6.92 | 43.36 | 3.68 | 3.02 | 70.48 | -11.36 | -17.63 |
| 23Q3 (19) | 1.55 | 13.14 | 5.44 | 1.45 | 11.54 | -0.68 | 58.69 | -11.56 | -4.96 | 62.64 | -10.62 | 0.3 | 41.82 | -1.85 | 2.85 | 79.51 | -15.26 | -4.82 |
| 23Q2 (18) | 1.37 | 2.24 | -4.2 | 1.30 | 6.56 | -1.52 | 66.36 | -1.99 | 4.57 | 70.08 | -6.03 | 1.89 | 42.61 | -7.97 | -7.81 | 93.83 | -2.25 | 9.08 |
| 23Q1 (17) | 1.34 | -7.59 | -10.07 | 1.22 | -13.48 | -14.08 | 67.71 | 7.63 | 11.2 | 74.58 | 15.18 | 16.46 | 46.30 | 10.0 | 4.59 | 95.99 | 12.19 | 19.01 |
| 22Q4 (16) | 1.45 | -1.36 | 0.0 | 1.41 | -3.42 | 5.22 | 62.91 | 1.88 | 0.3 | 64.75 | 3.68 | -4.67 | 42.09 | 3.52 | -4.73 | 85.56 | 2.42 | -1.04 |
| 22Q3 (15) | 1.47 | 2.8 | 13.95 | 1.46 | 10.61 | 6.57 | 61.75 | -2.69 | -12.19 | 62.45 | -9.2 | -5.93 | 40.66 | -12.03 | -15.96 | 83.54 | -2.88 | -5.42 |
| 22Q2 (14) | 1.43 | -4.03 | 10.0 | 1.32 | -7.04 | -18.52 | 63.46 | 4.22 | -9.14 | 68.78 | 7.4 | 22.54 | 46.22 | 4.4 | -7.5 | 86.02 | 6.65 | 13.17 |
| 22Q1 (13) | 1.49 | 2.76 | 1.36 | 1.42 | 5.97 | -23.24 | 60.89 | -2.92 | -1.98 | 64.04 | -5.71 | 30.45 | 44.27 | 0.2 | -4.41 | 80.66 | -6.71 | 24.28 |
| 21Q4 (12) | 1.45 | 12.4 | 15.08 | 1.34 | -2.19 | -19.76 | 62.72 | -10.81 | -13.49 | 67.92 | 2.3 | 24.76 | 44.18 | -8.68 | -7.2 | 86.46 | -2.12 | 8.97 |
| 21Q3 (11) | 1.29 | -0.77 | -13.42 | 1.37 | -15.43 | -15.43 | 70.32 | 0.69 | 15.45 | 66.39 | 18.28 | 18.24 | 48.38 | -3.18 | 44.89 | 88.33 | 16.21 | 5.57 |
| 21Q2 (10) | 1.30 | -11.56 | 41.3 | 1.62 | -12.43 | 72.34 | 69.84 | 12.43 | -29.16 | 56.13 | 14.34 | -41.99 | 49.97 | 7.9 | -6.09 | 76.01 | 17.12 | -46.52 |
| 21Q1 (9) | 1.47 | 16.67 | 36.11 | 1.85 | 10.78 | 43.41 | 62.12 | -14.32 | -26.31 | 49.09 | -9.83 | -30.26 | 46.31 | -2.73 | -5.53 | 64.90 | -18.2 | -38.59 |
| 20Q4 (8) | 1.26 | -15.44 | 7.69 | 1.67 | 3.09 | 14.38 | 72.50 | 19.03 | -6.6 | 54.44 | -3.05 | -12.94 | 47.61 | 42.59 | 10.36 | 79.34 | -5.18 | -18.22 |
| 20Q3 (7) | 1.49 | 61.96 | 26.27 | 1.62 | 72.34 | 16.55 | 60.91 | -38.22 | -21.06 | 56.15 | -41.97 | -14.22 | 33.39 | -37.25 | -20.5 | 83.67 | -41.13 | -16.85 |
| 20Q2 (6) | 0.92 | -14.81 | -16.36 | 0.94 | -27.13 | -23.58 | 98.59 | 16.95 | 19.47 | 96.76 | 37.46 | 31.04 | 53.21 | 8.55 | 23.0 | 142.13 | 34.49 | 25.67 |
| 20Q1 (5) | 1.08 | -7.69 | 1.89 | 1.29 | -11.64 | 13.16 | 84.30 | 8.61 | -2.02 | 70.39 | 12.57 | -11.47 | 49.02 | 13.63 | 6.4 | 105.68 | 8.93 | -11.55 |
| 19Q4 (4) | 1.17 | -0.85 | 0.0 | 1.46 | 5.04 | 0.0 | 77.62 | 0.6 | 0.0 | 62.53 | -4.48 | 0.0 | 43.14 | 2.71 | 0.0 | 97.02 | -3.58 | 0.0 |
| 19Q3 (3) | 1.18 | 7.27 | 0.0 | 1.39 | 13.01 | 0.0 | 77.16 | -6.5 | 0.0 | 65.46 | -11.35 | 0.0 | 42.00 | -2.91 | 0.0 | 100.62 | -11.03 | 0.0 |
| 19Q2 (2) | 1.10 | 3.77 | 0.0 | 1.23 | 7.89 | 0.0 | 82.52 | -4.09 | 0.0 | 73.84 | -7.13 | 0.0 | 43.26 | -6.1 | 0.0 | 113.10 | -5.34 | 0.0 |
| 19Q1 (1) | 1.06 | 0.0 | 0.0 | 1.14 | 0.0 | 0.0 | 86.04 | 0.0 | 0.0 | 79.51 | 0.0 | 0.0 | 46.07 | 0.0 | 0.0 | 119.48 | 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) | 5.91 | -2.15 | 5.33 | -2.56 | 61.75 | 2.17 | 68.43 | 2.59 | 45.98 | 5.34 | 84.20 | 0.84 |
| 2022 (9) | 6.04 | 10.22 | 5.47 | -5.69 | 60.44 | -9.21 | 66.70 | 5.92 | 43.65 | -11.75 | 83.50 | 4.27 |
| 2021 (8) | 5.48 | 30.79 | 5.80 | 7.21 | 66.57 | -23.54 | 62.97 | -6.7 | 49.46 | -11.74 | 80.08 | -18.71 |
| 2020 (7) | 4.19 | -6.47 | 5.41 | 4.84 | 87.06 | 6.93 | 67.49 | -4.62 | 56.04 | 19.87 | 98.51 | -6.56 |
| 2019 (6) | 4.48 | -2.4 | 5.16 | -5.84 | 81.42 | 2.32 | 70.76 | 6.33 | 46.75 | -1.5 | 105.43 | 6.86 |
| 2018 (5) | 4.59 | 5.52 | 5.48 | -11.18 | 79.57 | -5.07 | 66.55 | 12.57 | 47.46 | -12.27 | 98.66 | 11.07 |
| 2017 (4) | 4.35 | -1.81 | 6.17 | -10.58 | 83.82 | 1.7 | 59.12 | 11.82 | 54.10 | 4.1 | 88.83 | 6.61 |
| 2016 (3) | 4.43 | -3.28 | 6.90 | 1.62 | 82.42 | 3.35 | 52.87 | -1.64 | 51.97 | 9.6 | 83.32 | -3.22 |
| 2015 (2) | 4.58 | 0.88 | 6.79 | 6.59 | 79.75 | -0.87 | 53.75 | -6.16 | 47.42 | 1.48 | 86.09 | -5.39 |
| 2014 (1) | 4.54 | 1.11 | 6.37 | 20.87 | 80.45 | -1.14 | 57.28 | -17.37 | 46.73 | -4.52 | 90.99 | -10.58 |
