- 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) | 0.49 | -9.26 | -2.0 | 1.17 | 18.18 | 24.47 | 185.18 | 9.59 | 1.05 | 77.54 | -15.29 | -19.99 | 56.32 | -12.4 | 19.58 | 206.39 | 5.18 | -11.45 |
| 23Q3 (19) | 0.54 | 10.2 | -1.82 | 0.99 | 16.47 | 17.86 | 168.98 | -8.47 | 1.31 | 91.54 | -14.04 | -15.75 | 64.29 | -16.43 | 3.29 | 196.23 | -8.37 | -7.96 |
| 23Q2 (18) | 0.49 | 8.89 | 6.52 | 0.85 | 2.41 | 4.94 | 184.61 | -9.03 | -6.19 | 106.49 | -2.81 | -4.69 | 76.93 | 4.37 | -5.68 | 214.16 | -10.32 | -5.64 |
| 23Q1 (17) | 0.45 | -10.0 | -4.26 | 0.83 | -11.7 | -28.45 | 202.93 | 10.73 | 4.09 | 109.57 | 13.06 | 39.4 | 73.71 | 56.5 | 17.99 | 238.80 | 2.46 | 13.13 |
| 22Q4 (16) | 0.50 | -9.09 | 0.0 | 0.94 | 11.9 | -31.39 | 183.26 | 9.87 | 1.68 | 96.91 | -10.81 | 45.55 | 47.10 | -24.33 | -19.29 | 233.07 | 9.32 | 23.67 |
| 22Q3 (15) | 0.55 | 19.57 | -3.51 | 0.84 | 3.7 | -39.57 | 166.79 | -15.24 | 4.78 | 108.65 | -2.76 | 65.68 | 62.24 | -23.69 | 17.3 | 213.20 | -6.06 | 24.18 |
| 22Q2 (14) | 0.46 | -2.13 | -11.54 | 0.81 | -30.17 | -24.3 | 196.79 | 0.94 | 11.79 | 111.73 | 42.15 | 31.97 | 81.56 | 30.56 | 24.46 | 226.95 | 7.51 | 16.29 |
| 22Q1 (13) | 0.47 | -6.0 | -2.08 | 1.16 | -15.33 | 9.43 | 194.96 | 8.17 | 3.49 | 78.60 | 18.05 | -8.38 | 62.47 | 7.04 | -20.48 | 211.09 | 12.01 | 7.91 |
| 21Q4 (12) | 0.50 | -12.28 | -3.85 | 1.37 | -1.44 | -2.14 | 180.23 | 13.22 | 3.87 | 66.58 | 1.52 | 2.72 | 58.36 | 9.99 | -6.65 | 188.46 | 9.77 | 7.19 |
| 21Q3 (11) | 0.57 | 9.62 | -1.72 | 1.39 | 29.91 | -2.11 | 159.18 | -9.57 | 2.29 | 65.58 | -22.54 | 2.5 | 53.06 | -19.03 | -2.66 | 171.69 | -12.03 | 4.0 |
| 21Q2 (10) | 0.52 | 8.33 | 13.04 | 1.07 | 0.94 | 0.94 | 176.03 | -6.56 | -10.49 | 84.66 | -1.32 | -1.35 | 65.53 | -16.59 | -1.38 | 195.16 | -0.24 | -9.66 |
| 21Q1 (9) | 0.48 | -7.69 | 37.14 | 1.06 | -24.29 | 2.91 | 188.39 | 8.57 | -27.9 | 85.79 | 32.35 | -2.94 | 78.56 | 25.66 | -9.03 | 195.62 | 11.26 | -25.71 |
| 20Q4 (8) | 0.52 | -10.34 | 8.33 | 1.40 | -1.41 | -7.28 | 173.52 | 11.51 | -7.55 | 64.82 | 1.31 | 7.23 | 62.52 | 14.69 | 11.36 | 175.82 | 6.5 | -8.43 |
| 20Q3 (7) | 0.58 | 26.09 | 11.54 | 1.42 | 33.96 | 14.52 | 155.61 | -20.88 | -11.41 | 63.98 | -25.45 | -12.61 | 54.51 | -17.97 | -6.82 | 165.09 | -23.58 | -13.28 |
| 20Q2 (6) | 0.46 | 31.43 | -6.12 | 1.06 | 2.91 | -0.93 | 196.67 | -24.73 | 6.76 | 85.82 | -2.91 | 1.38 | 66.45 | -23.05 | 15.16 | 216.04 | -17.96 | 2.31 |
| 20Q1 (5) | 0.35 | -27.08 | -7.89 | 1.03 | -31.79 | 21.18 | 261.30 | 39.22 | 9.77 | 88.39 | 46.22 | -17.13 | 86.36 | 53.83 | 46.47 | 263.33 | 37.15 | -7.84 |
| 19Q4 (4) | 0.48 | -7.69 | 0.0 | 1.51 | 21.77 | 0.0 | 187.69 | 6.85 | 0.0 | 60.45 | -17.43 | 0.0 | 56.14 | -4.03 | 0.0 | 192.00 | 0.86 | 0.0 |
| 19Q3 (3) | 0.52 | 6.12 | 0.0 | 1.24 | 15.89 | 0.0 | 175.66 | -4.65 | 0.0 | 73.21 | -13.51 | 0.0 | 58.50 | 1.39 | 0.0 | 190.37 | -9.85 | 0.0 |
| 19Q2 (2) | 0.49 | 28.95 | 0.0 | 1.07 | 25.88 | 0.0 | 184.22 | -22.61 | 0.0 | 84.65 | -20.64 | 0.0 | 57.70 | -2.14 | 0.0 | 211.17 | -26.1 | 0.0 |
| 19Q1 (1) | 0.38 | 0.0 | 0.0 | 0.85 | 0.0 | 0.0 | 238.04 | 0.0 | 0.0 | 106.66 | 0.0 | 0.0 | 58.96 | 0.0 | 0.0 | 285.74 | 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) | 2.03 | 2.01 | 5.37 | 0.75 | 179.42 | -2.28 | 67.95 | -0.72 | 41.25 | -6.82 | 206.12 | -0.79 |
| 2022 (9) | 1.99 | -2.93 | 5.33 | -9.51 | 183.60 | 3.27 | 68.44 | 10.46 | 44.27 | -18.99 | 207.77 | 12.25 |
| 2021 (8) | 2.05 | 15.17 | 5.89 | 9.68 | 177.79 | -13.5 | 61.96 | -8.84 | 54.65 | -26.37 | 185.10 | -7.12 |
| 2020 (7) | 1.78 | -4.81 | 5.37 | 13.53 | 205.54 | 5.05 | 67.97 | -11.91 | 74.22 | 15.55 | 199.29 | -4.46 |
| 2019 (6) | 1.87 | -7.88 | 4.73 | 1.94 | 195.66 | 8.68 | 77.16 | -2.02 | 64.23 | 22.81 | 208.60 | 1.03 |
| 2018 (5) | 2.03 | 22.29 | 4.64 | -7.94 | 180.04 | -18.26 | 78.75 | 8.82 | 52.30 | -6.89 | 206.48 | -12.68 |
| 2017 (4) | 1.66 | 23.88 | 5.04 | 7.01 | 220.26 | -19.09 | 72.37 | -6.57 | 56.17 | -8.28 | 236.46 | -18.02 |
| 2016 (3) | 1.34 | 8.06 | 4.71 | 20.15 | 272.23 | -7.62 | 77.46 | -16.74 | 61.24 | 1.46 | 288.45 | -11.89 |
| 2015 (2) | 1.24 | -16.78 | 3.92 | -11.91 | 294.68 | 20.33 | 93.03 | 13.44 | 60.36 | 40.21 | 327.36 | 15.33 |
| 2014 (1) | 1.49 | -1.32 | 4.45 | 2.06 | 244.89 | 1.53 | 82.01 | -2.04 | 43.05 | 44.56 | 283.85 | -3.83 |
