- 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) | 1.10 | -0.9 | 27.91 | 1.63 | -7.39 | -1.81 | 82.43 | 0.52 | -22.16 | 55.73 | 7.71 | 1.44 | 53.29 | 11.56 | 9.07 | 84.88 | -1.27 | -24.19 |
| 23Q3 (19) | 1.11 | 70.77 | 76.19 | 1.76 | 23.08 | 14.29 | 82.00 | -41.47 | -42.8 | 51.74 | -18.55 | -12.56 | 47.77 | -14.44 | -6.19 | 85.97 | -41.83 | -43.3 |
| 23Q2 (18) | 0.65 | -26.14 | -1.52 | 1.43 | -23.94 | -15.88 | 140.11 | 36.11 | 1.76 | 63.52 | 31.43 | 18.37 | 55.83 | 14.22 | 17.44 | 147.80 | 44.35 | 2.77 |
| 23Q1 (17) | 0.88 | 2.33 | 22.22 | 1.88 | 13.25 | 28.77 | 102.94 | -2.79 | -18.02 | 48.33 | -12.03 | -22.39 | 48.88 | 0.04 | -5.14 | 102.39 | -8.56 | -24.88 |
| 22Q4 (16) | 0.86 | 36.51 | 38.71 | 1.66 | 7.79 | 9.93 | 105.89 | -26.14 | -27.88 | 54.94 | -7.15 | -8.57 | 48.86 | -4.05 | -11.74 | 111.97 | -26.15 | -26.12 |
| 22Q3 (15) | 0.63 | -4.55 | -21.25 | 1.54 | -9.41 | -12.0 | 143.36 | 4.12 | 26.12 | 59.17 | 10.27 | 13.94 | 50.92 | 7.11 | 3.94 | 151.61 | 5.42 | 30.01 |
| 22Q2 (14) | 0.66 | -8.33 | -14.29 | 1.70 | 16.44 | 6.25 | 137.69 | 9.65 | 16.13 | 53.66 | -13.83 | -5.59 | 47.54 | -7.74 | -15.89 | 143.81 | 5.5 | 20.96 |
| 22Q1 (13) | 0.72 | 16.13 | -20.0 | 1.46 | -3.31 | -18.89 | 125.57 | -14.48 | 23.76 | 62.27 | 3.63 | 23.43 | 51.53 | -6.92 | -13.39 | 136.31 | -10.06 | 47.51 |
| 21Q4 (12) | 0.62 | -22.5 | -36.73 | 1.51 | -13.71 | -19.68 | 146.83 | 29.17 | 58.2 | 60.09 | 15.71 | 23.97 | 55.36 | 13.0 | 2.94 | 151.55 | 29.96 | 73.2 |
| 21Q3 (11) | 0.80 | 3.9 | -14.89 | 1.75 | 9.37 | -5.91 | 113.67 | -4.13 | 16.87 | 51.93 | -8.64 | 6.24 | 48.99 | -13.32 | 9.87 | 116.61 | -1.92 | 14.83 |
| 21Q2 (10) | 0.77 | -14.44 | -15.38 | 1.60 | -11.11 | -8.57 | 118.57 | 16.86 | 19.03 | 56.84 | 12.67 | 9.37 | 56.52 | -5.01 | 33.78 | 118.89 | 28.65 | 8.74 |
| 21Q1 (9) | 0.90 | -8.16 | 20.0 | 1.80 | -4.26 | 27.66 | 101.46 | 9.32 | -16.09 | 50.45 | 4.09 | -21.7 | 59.50 | 10.64 | 12.82 | 92.41 | 5.61 | -30.31 |
| 20Q4 (8) | 0.98 | 4.26 | 30.67 | 1.88 | 1.08 | 15.34 | 92.81 | -4.58 | -23.05 | 48.47 | -0.84 | -13.18 | 53.78 | 20.61 | 10.64 | 87.50 | -13.84 | -31.54 |
| 20Q3 (7) | 0.94 | 3.3 | 38.24 | 1.86 | 6.29 | 14.81 | 97.26 | -2.36 | -27.74 | 48.88 | -5.95 | -13.04 | 44.59 | 5.54 | -12.96 | 101.55 | -7.12 | -27.24 |
| 20Q2 (6) | 0.91 | 21.33 | 35.82 | 1.75 | 24.11 | 19.05 | 99.61 | -17.62 | -26.3 | 51.97 | -19.34 | -16.22 | 42.25 | -19.89 | -32.64 | 109.33 | -17.55 | -18.7 |
| 20Q1 (5) | 0.75 | 0.0 | 13.64 | 1.41 | -13.5 | -7.84 | 120.91 | 0.25 | -12.78 | 64.43 | 15.4 | 8.05 | 52.74 | 8.5 | -24.75 | 132.60 | 3.74 | 3.46 |
| 19Q4 (4) | 0.75 | 10.29 | 0.0 | 1.63 | 0.62 | 0.0 | 120.61 | -10.39 | 0.0 | 55.83 | -0.68 | 0.0 | 48.61 | -5.11 | 0.0 | 127.82 | -8.41 | 0.0 |
| 19Q3 (3) | 0.68 | 1.49 | 0.0 | 1.62 | 10.2 | 0.0 | 134.59 | -0.42 | 0.0 | 56.21 | -9.38 | 0.0 | 51.23 | -18.32 | 0.0 | 139.56 | 3.79 | 0.0 |
| 19Q2 (2) | 0.67 | 1.52 | 0.0 | 1.47 | -3.92 | 0.0 | 135.16 | -2.5 | 0.0 | 62.03 | 4.02 | 0.0 | 62.72 | -10.52 | 0.0 | 134.47 | 4.92 | 0.0 |
| 19Q1 (1) | 0.66 | 0.0 | 0.0 | 1.53 | 0.0 | 0.0 | 138.63 | 0.0 | 0.0 | 59.63 | 0.0 | 0.0 | 70.09 | 0.0 | 0.0 | 128.17 | 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) | 3.78 | 30.34 | 5.68 | -3.89 | 96.60 | -23.3 | 64.23 | 4.0 | 60.94 | 4.6 | 99.89 | -22.84 |
| 2022 (9) | 2.90 | -15.45 | 5.91 | -14.1 | 125.95 | 18.46 | 61.76 | 16.44 | 58.26 | 2.55 | 129.46 | 26.24 |
| 2021 (8) | 3.43 | 8.2 | 6.88 | 13.72 | 106.32 | -7.76 | 53.04 | -12.13 | 56.81 | -13.2 | 102.55 | -6.93 |
| 2020 (7) | 3.17 | 18.73 | 6.05 | -2.42 | 115.27 | -15.68 | 60.36 | 2.55 | 65.45 | -0.85 | 110.18 | -14.95 |
| 2019 (6) | 2.67 | -9.8 | 6.20 | -14.48 | 136.70 | 10.88 | 58.86 | 16.92 | 66.01 | 4.5 | 129.55 | 17.28 |
| 2018 (5) | 2.96 | -6.62 | 7.25 | -11.15 | 123.29 | 7.17 | 50.34 | 12.49 | 63.17 | 8.76 | 110.46 | 8.6 |
| 2017 (4) | 3.17 | 3.59 | 8.16 | -1.57 | 115.04 | -3.42 | 44.75 | 1.59 | 58.08 | -5.22 | 101.71 | -0.17 |
| 2016 (3) | 3.06 | 0.99 | 8.29 | -13.38 | 119.11 | -1.21 | 44.05 | 15.5 | 61.28 | -2.93 | 101.88 | 6.59 |
| 2015 (2) | 3.03 | -9.82 | 9.57 | -0.52 | 120.57 | 11.07 | 38.14 | 0.55 | 63.13 | 0.78 | 95.58 | 14.02 |
| 2014 (1) | 3.36 | -7.18 | 9.62 | 27.25 | 108.55 | 7.7 | 37.93 | -21.49 | 62.64 | 13.17 | 83.83 | -10.58 |
