- 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) | 1.14 | -0.87 | 2.7 | 1.37 | -4.2 | -5.52 | 79.74 | 0.73 | -2.38 | 66.22 | 3.74 | 5.16 | 57.72 | 4.87 | 6.26 | 88.25 | 0.34 | -2.3 |
| 23Q3 (19) | 1.15 | -0.86 | -2.54 | 1.43 | 2.14 | 0.7 | 79.16 | 1.1 | 2.51 | 63.83 | -2.07 | -0.53 | 55.04 | 12.88 | 9.99 | 87.95 | -7.15 | -3.71 |
| 23Q2 (18) | 1.16 | 16.0 | -2.52 | 1.40 | 17.65 | 7.69 | 78.30 | -13.98 | 2.78 | 65.18 | -14.78 | -6.97 | 48.76 | -22.96 | -10.09 | 94.72 | -9.12 | 2.96 |
| 23Q1 (17) | 1.00 | -9.91 | -9.91 | 1.19 | -17.93 | -4.03 | 91.03 | 11.45 | 10.62 | 76.48 | 21.45 | 4.58 | 63.29 | 16.51 | 5.19 | 104.23 | 15.39 | 9.43 |
| 22Q4 (16) | 1.11 | -5.93 | -5.93 | 1.45 | 2.11 | 9.85 | 81.68 | 5.78 | 6.11 | 62.97 | -1.87 | -8.96 | 54.32 | 8.55 | -2.46 | 90.33 | -1.11 | -0.14 |
| 22Q3 (15) | 1.18 | -0.84 | 12.38 | 1.42 | 9.23 | 21.37 | 77.22 | 1.37 | -10.8 | 64.17 | -8.41 | -17.78 | 50.04 | -7.73 | -18.85 | 91.34 | -0.72 | -11.29 |
| 22Q2 (14) | 1.19 | 7.21 | 3.48 | 1.30 | 4.84 | -4.41 | 76.18 | -7.42 | -3.75 | 70.06 | -4.2 | 5.02 | 54.23 | -9.87 | -4.96 | 92.00 | -3.41 | 3.59 |
| 22Q1 (13) | 1.11 | -5.93 | 0.91 | 1.24 | -6.06 | -8.15 | 82.29 | 6.9 | -0.34 | 73.13 | 5.73 | 8.49 | 60.17 | 8.04 | -6.0 | 95.25 | 5.3 | 10.78 |
| 21Q4 (12) | 1.18 | 12.38 | -1.67 | 1.32 | 12.82 | -15.92 | 76.98 | -11.08 | 1.87 | 69.17 | -11.38 | 19.18 | 55.69 | -9.68 | -6.81 | 90.46 | -12.14 | 22.49 |
| 21Q3 (11) | 1.05 | -8.7 | -13.22 | 1.17 | -13.97 | -23.03 | 86.57 | 9.37 | 14.83 | 78.05 | 17.0 | 30.65 | 61.66 | 8.06 | 19.15 | 102.96 | 15.93 | 23.48 |
| 21Q2 (10) | 1.15 | 4.55 | 12.75 | 1.36 | 0.74 | 9.68 | 79.15 | -4.14 | -11.13 | 66.71 | -1.04 | -9.06 | 57.06 | -10.86 | 2.52 | 88.81 | 3.29 | -16.82 |
| 21Q1 (9) | 1.10 | -8.33 | 5.77 | 1.35 | -14.01 | 10.66 | 82.57 | 9.26 | -5.97 | 67.41 | 16.14 | -9.58 | 64.01 | 7.11 | 3.84 | 85.98 | 16.43 | -14.64 |
| 20Q4 (8) | 1.20 | -0.83 | 2.56 | 1.57 | 3.29 | 10.56 | 75.57 | 0.24 | -2.57 | 58.04 | -2.85 | -9.71 | 59.76 | 15.48 | 9.41 | 73.85 | -11.43 | -15.33 |
| 20Q3 (7) | 1.21 | 18.63 | 5.22 | 1.52 | 22.58 | 11.76 | 75.39 | -15.35 | -4.51 | 59.74 | -18.57 | -10.56 | 51.75 | -7.02 | -6.76 | 83.38 | -21.91 | -7.6 |
| 20Q2 (6) | 1.02 | -1.92 | -14.29 | 1.24 | 1.64 | -8.15 | 89.06 | 1.42 | 16.54 | 73.36 | -1.6 | 9.23 | 55.66 | -9.7 | 3.19 | 106.77 | 6.0 | 19.11 |
| 20Q1 (5) | 1.04 | -11.11 | 0.0 | 1.22 | -14.08 | 1.67 | 87.81 | 13.22 | 0.65 | 74.55 | 15.98 | -1.88 | 61.64 | 12.85 | 0.74 | 100.73 | 15.49 | -1.27 |
| 19Q4 (4) | 1.17 | 1.74 | 0.0 | 1.42 | 4.41 | 0.0 | 77.56 | -1.76 | 0.0 | 64.28 | -3.76 | 0.0 | 54.62 | -1.59 | 0.0 | 87.22 | -3.35 | 0.0 |
| 19Q3 (3) | 1.15 | -3.36 | 0.0 | 1.36 | 0.74 | 0.0 | 78.95 | 3.31 | 0.0 | 66.79 | -0.55 | 0.0 | 55.50 | 2.89 | 0.0 | 90.24 | 0.67 | 0.0 |
| 19Q2 (2) | 1.19 | 14.42 | 0.0 | 1.35 | 12.5 | 0.0 | 76.42 | -12.4 | 0.0 | 67.16 | -11.61 | 0.0 | 53.94 | -11.85 | 0.0 | 89.64 | -12.14 | 0.0 |
| 19Q1 (1) | 1.04 | 0.0 | 0.0 | 1.20 | 0.0 | 0.0 | 87.24 | 0.0 | 0.0 | 75.98 | 0.0 | 0.0 | 61.19 | 0.0 | 0.0 | 102.03 | 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) | 4.27 | -10.11 | 5.14 | -11.23 | 85.39 | 11.23 | 71.07 | 12.76 | 62.64 | 9.28 | 93.83 | 13.76 |
| 2022 (9) | 4.75 | 9.45 | 5.79 | 7.02 | 76.77 | -8.79 | 63.03 | -6.5 | 57.32 | -10.91 | 82.48 | -5.46 |
| 2021 (8) | 4.34 | 7.69 | 5.41 | 6.92 | 84.17 | -7.16 | 67.41 | -6.53 | 64.34 | -7.26 | 87.24 | -6.59 |
| 2020 (7) | 4.03 | -10.84 | 5.06 | -6.3 | 90.66 | 12.26 | 72.12 | 6.77 | 69.38 | 20.58 | 93.39 | 2.88 |
| 2019 (6) | 4.52 | -0.66 | 5.40 | 1.69 | 80.76 | 0.6 | 67.55 | -1.69 | 57.54 | -2.74 | 90.78 | 1.06 |
| 2018 (5) | 4.55 | 0.22 | 5.31 | -1.67 | 80.28 | -0.09 | 68.71 | 1.63 | 59.16 | -6.24 | 89.83 | 5.86 |
| 2017 (4) | 4.54 | 0.44 | 5.40 | -8.16 | 80.35 | -0.45 | 67.61 | 8.94 | 63.10 | 4.75 | 84.86 | 2.82 |
| 2016 (3) | 4.52 | 9.71 | 5.88 | -2.0 | 80.71 | -8.79 | 62.06 | 1.99 | 60.24 | 0.53 | 82.53 | -7.71 |
| 2015 (2) | 4.12 | 0 | 6.00 | 0 | 88.49 | 0 | 60.85 | 0 | 59.92 | 0 | 89.42 | 0 |
