- 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) | 1.03 | -1.9 | 21.18 | 1.20 | 21.21 | 29.03 | 87.94 | 1.13 | -17.38 | 75.75 | -17.45 | -22.92 | 59.31 | -9.57 | -2.06 | 104.38 | -7.73 | -27.59 |
| 23Q3 (19) | 1.05 | 1.94 | 40.0 | 0.99 | 7.61 | 41.43 | 86.96 | -1.29 | -28.57 | 91.76 | -7.47 | -29.45 | 65.59 | -10.97 | -21.36 | 113.13 | -0.41 | -32.82 |
| 23Q2 (18) | 1.03 | 10.75 | 9.57 | 0.92 | 2.22 | 21.05 | 88.10 | -10.18 | -8.82 | 99.17 | -1.41 | -17.03 | 73.67 | 0.96 | -21.51 | 113.60 | -9.63 | -7.11 |
| 23Q1 (17) | 0.93 | 9.41 | -3.12 | 0.90 | -3.23 | 5.88 | 98.09 | -7.84 | 3.27 | 100.59 | 2.36 | -5.57 | 72.97 | 20.49 | -24.42 | 125.71 | -12.79 | 19.79 |
| 22Q4 (16) | 0.85 | 13.33 | -22.73 | 0.93 | 32.86 | -5.1 | 106.44 | -12.57 | 29.25 | 98.27 | -24.45 | 5.44 | 60.56 | -27.39 | -35.32 | 144.15 | -14.41 | 75.96 |
| 22Q3 (15) | 0.75 | -20.21 | -24.24 | 0.70 | -7.89 | -23.08 | 121.75 | 26.01 | 32.01 | 130.07 | 8.82 | 30.66 | 83.41 | -11.13 | -23.55 | 168.41 | 37.71 | 103.71 |
| 22Q2 (14) | 0.94 | -2.08 | -1.05 | 0.76 | -10.59 | -30.91 | 96.62 | 1.73 | 1.37 | 119.53 | 12.21 | 44.81 | 93.86 | -2.79 | -1.65 | 122.29 | 16.53 | 48.37 |
| 22Q1 (13) | 0.96 | -12.73 | 9.09 | 0.85 | -13.27 | -26.09 | 94.98 | 15.34 | -7.8 | 106.52 | 14.29 | 34.43 | 96.55 | 3.12 | 6.6 | 104.94 | 28.1 | 14.46 |
| 21Q4 (12) | 1.10 | 11.11 | 34.15 | 0.98 | 7.69 | -15.52 | 82.35 | -10.71 | -25.91 | 93.20 | -6.38 | 19.24 | 93.63 | -14.19 | 7.82 | 81.92 | -0.91 | -20.06 |
| 21Q3 (11) | 0.99 | 4.21 | 6.45 | 0.91 | -17.27 | -23.53 | 92.23 | -3.23 | -5.32 | 99.55 | 20.61 | 30.05 | 109.11 | 14.34 | 28.29 | 82.67 | 0.3 | -7.02 |
| 21Q2 (10) | 0.95 | 7.95 | -2.06 | 1.10 | -4.35 | 1.85 | 95.31 | -7.48 | 2.03 | 82.54 | 4.16 | -1.89 | 95.43 | 5.37 | 6.21 | 82.42 | -10.1 | -6.0 |
| 21Q1 (9) | 0.88 | 7.32 | -2.22 | 1.15 | -0.86 | 6.48 | 103.01 | -7.32 | 1.79 | 79.24 | 1.38 | -5.53 | 90.57 | 4.3 | 19.31 | 91.68 | -10.54 | -16.02 |
| 20Q4 (8) | 0.82 | -11.83 | 9.33 | 1.16 | -2.52 | 16.0 | 111.15 | 14.11 | -8.03 | 78.16 | 2.1 | -14.11 | 86.84 | 2.1 | 17.04 | 102.48 | 15.26 | -25.56 |
| 20Q3 (7) | 0.93 | -4.12 | 5.68 | 1.19 | 10.19 | 20.2 | 97.41 | 4.28 | -5.83 | 76.55 | -9.01 | -17.14 | 85.05 | -5.34 | -2.98 | 88.91 | 1.4 | -17.8 |
| 20Q2 (6) | 0.97 | 7.78 | 27.63 | 1.08 | 0.0 | 24.14 | 93.41 | -7.7 | -22.36 | 84.13 | 0.3 | -19.85 | 89.85 | 18.36 | -25.48 | 87.68 | -19.68 | -16.26 |
| 20Q1 (5) | 0.90 | 20.0 | 9.76 | 1.08 | 8.0 | -16.28 | 101.20 | -16.27 | -8.69 | 83.88 | -7.82 | 18.74 | 75.91 | 2.3 | -20.31 | 109.17 | -20.7 | 26.62 |
| 19Q4 (4) | 0.75 | -14.77 | 0.0 | 1.00 | 1.01 | 0.0 | 120.86 | 16.84 | 0.0 | 91.00 | -1.49 | 0.0 | 74.20 | -15.35 | 0.0 | 137.66 | 27.27 | 0.0 |
| 19Q3 (3) | 0.88 | 15.79 | 0.0 | 0.99 | 13.79 | 0.0 | 103.44 | -14.02 | 0.0 | 92.38 | -11.99 | 0.0 | 87.66 | -27.3 | 0.0 | 108.16 | 3.29 | 0.0 |
| 19Q2 (2) | 0.76 | -7.32 | 0.0 | 0.87 | -32.56 | 0.0 | 120.31 | 8.55 | 0.0 | 104.97 | 48.6 | 0.0 | 120.57 | 26.57 | 0.0 | 104.71 | 21.45 | 0.0 |
| 19Q1 (1) | 0.82 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 110.83 | 0.0 | 0.0 | 70.64 | 0.0 | 0.0 | 95.26 | 0.0 | 0.0 | 86.22 | 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) | 3.63 | 0.83 | 4.35 | 23.23 | 100.49 | -0.91 | 83.85 | -18.83 | 62.86 | -25.99 | 121.49 | 1.43 |
| 2022 (9) | 3.60 | -2.44 | 3.53 | -9.95 | 101.41 | 2.61 | 103.30 | 10.84 | 84.94 | -8.96 | 119.78 | 21.32 |
| 2021 (8) | 3.69 | 2.22 | 3.92 | -15.33 | 98.83 | -2.25 | 93.20 | 18.2 | 93.30 | 25.4 | 98.73 | -6.47 |
| 2020 (7) | 3.61 | 13.17 | 4.63 | -4.93 | 101.11 | -11.67 | 78.85 | 5.32 | 74.40 | -6.0 | 105.56 | -4.21 |
| 2019 (6) | 3.19 | -3.92 | 4.87 | -20.81 | 114.47 | 4.27 | 74.87 | 26.11 | 79.15 | -9.24 | 110.20 | 34.49 |
| 2018 (5) | 3.32 | -9.29 | 6.15 | -4.65 | 109.78 | 10.0 | 59.37 | 4.93 | 87.21 | 7.55 | 81.94 | 8.82 |
| 2017 (4) | 3.66 | 8.93 | 6.45 | 20.56 | 99.80 | -7.99 | 56.58 | -17.11 | 81.09 | -11.34 | 75.30 | -11.69 |
| 2016 (3) | 3.36 | -12.04 | 5.35 | -15.75 | 108.47 | 13.57 | 68.26 | 18.67 | 91.46 | 10.45 | 85.27 | 21.43 |
| 2015 (2) | 3.82 | -6.14 | 6.35 | -7.16 | 95.51 | 6.47 | 57.52 | 7.78 | 82.81 | 18.25 | 70.22 | -3.86 |
| 2014 (1) | 4.07 | -5.13 | 6.84 | 39.88 | 89.71 | 5.34 | 53.37 | -28.47 | 70.03 | -9.86 | 73.04 | -11.01 |
