- 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) | 1.79 | 4.07 | 11.87 | 2.26 | 22.16 | 20.86 | 50.98 | -3.9 | -10.29 | 40.28 | -18.23 | -17.37 | 46.40 | -4.74 | -2.62 | 44.86 | -16.31 | -22.58 |
| 23Q3 (19) | 1.72 | 31.3 | 4.88 | 1.85 | 20.13 | 12.12 | 53.05 | -23.61 | -4.14 | 49.26 | -16.51 | -10.92 | 48.71 | 1.67 | -1.52 | 53.60 | -33.44 | -12.4 |
| 23Q2 (18) | 1.31 | 1.55 | -3.68 | 1.54 | -7.78 | 12.41 | 69.45 | -1.27 | 4.0 | 59.00 | 8.24 | -11.0 | 47.91 | 0.42 | -11.05 | 80.53 | 4.38 | 1.67 |
| 23Q1 (17) | 1.29 | -19.38 | 20.56 | 1.67 | -10.7 | 13.61 | 70.34 | 23.77 | -17.39 | 54.51 | 11.82 | -11.88 | 47.71 | 0.13 | -21.67 | 77.15 | 33.15 | -10.39 |
| 22Q4 (16) | 1.60 | -2.44 | -5.88 | 1.87 | 13.33 | -5.08 | 56.83 | 2.69 | 6.44 | 48.75 | -11.84 | 5.63 | 47.65 | -3.66 | 6.05 | 57.94 | -5.31 | 6.1 |
| 22Q3 (15) | 1.64 | 20.59 | 0.61 | 1.65 | 20.44 | 17.02 | 55.34 | -17.13 | -0.61 | 55.30 | -16.58 | -14.17 | 49.46 | -8.17 | -11.69 | 61.19 | -22.75 | -4.54 |
| 22Q2 (14) | 1.36 | 27.1 | -3.55 | 1.37 | -6.8 | -0.72 | 66.78 | -21.57 | 3.62 | 66.29 | 7.16 | 0.58 | 53.86 | -11.57 | -14.74 | 79.21 | -8.0 | 17.89 |
| 22Q1 (13) | 1.07 | -37.06 | 5.94 | 1.47 | -25.38 | -2.0 | 85.15 | 59.49 | -5.18 | 61.86 | 34.04 | 2.2 | 60.91 | 35.57 | -27.9 | 86.10 | 57.66 | 30.75 |
| 21Q4 (12) | 1.70 | 4.29 | -13.71 | 1.97 | 39.72 | -34.33 | 53.39 | -4.11 | 15.56 | 46.15 | -28.37 | 52.16 | 44.93 | -19.78 | -2.09 | 54.61 | -14.8 | 78.23 |
| 21Q3 (11) | 1.63 | 15.6 | 5.84 | 1.41 | 2.17 | -32.86 | 55.68 | -13.61 | -5.75 | 64.43 | -2.25 | 48.39 | 56.01 | -11.33 | 1.23 | 64.10 | -4.6 | 35.89 |
| 21Q2 (10) | 1.41 | 39.6 | -10.19 | 1.38 | -8.0 | -34.91 | 64.45 | -28.23 | 11.25 | 65.91 | 8.89 | 53.78 | 63.17 | -25.22 | 31.52 | 67.19 | 2.03 | 27.33 |
| 21Q1 (9) | 1.01 | -48.73 | 20.24 | 1.50 | -50.0 | 2.74 | 89.80 | 94.37 | -16.64 | 60.53 | 99.57 | -2.9 | 84.48 | 84.09 | 6.79 | 65.85 | 114.92 | -27.61 |
| 20Q4 (8) | 1.97 | 27.92 | 27.92 | 3.00 | 42.86 | -5.06 | 46.20 | -21.8 | -21.71 | 30.33 | -30.15 | 5.24 | 45.89 | -17.06 | -7.81 | 30.64 | -35.04 | -19.47 |
| 20Q3 (7) | 1.54 | -1.91 | -4.94 | 2.10 | -0.94 | -20.15 | 59.08 | 1.99 | 5.26 | 43.42 | 1.31 | 25.38 | 55.33 | 15.2 | 0.67 | 47.17 | -10.61 | 31.76 |
| 20Q2 (6) | 1.57 | 86.9 | 3.29 | 2.12 | 45.21 | -2.75 | 57.93 | -46.23 | -3.19 | 42.86 | -31.25 | 2.44 | 48.03 | -39.29 | -17.87 | 52.77 | -41.99 | 22.15 |
| 20Q1 (5) | 0.84 | -45.45 | -17.65 | 1.46 | -53.8 | -22.34 | 107.73 | 82.56 | 20.76 | 62.34 | 116.31 | 28.99 | 79.11 | 58.92 | 0.57 | 90.97 | 139.08 | 54.47 |
| 19Q4 (4) | 1.54 | -4.94 | 0.0 | 3.16 | 20.15 | 0.0 | 59.01 | 5.13 | 0.0 | 28.82 | -16.78 | 0.0 | 49.78 | -9.43 | 0.0 | 38.05 | 6.28 | 0.0 |
| 19Q3 (3) | 1.62 | 6.58 | 0.0 | 2.63 | 20.64 | 0.0 | 56.13 | -6.2 | 0.0 | 34.63 | -17.23 | 0.0 | 54.96 | -6.02 | 0.0 | 35.80 | -17.13 | 0.0 |
| 19Q2 (2) | 1.52 | 49.02 | 0.0 | 2.18 | 15.96 | 0.0 | 59.84 | -32.92 | 0.0 | 41.84 | -13.43 | 0.0 | 58.48 | -25.65 | 0.0 | 43.20 | -26.64 | 0.0 |
| 19Q1 (1) | 1.02 | 0.0 | 0.0 | 1.88 | 0.0 | 0.0 | 89.21 | 0.0 | 0.0 | 48.33 | 0.0 | 0.0 | 78.66 | 0.0 | 0.0 | 58.89 | 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) | 5.11 | 0.79 | 7.46 | 0.4 | 71.40 | -0.74 | 48.93 | -0.43 | 53.70 | 4.56 | 66.64 | -4.4 |
| 2022 (9) | 5.07 | 16.55 | 7.43 | -8.5 | 71.93 | -14.28 | 49.14 | 9.27 | 51.36 | -20.29 | 69.71 | 8.16 |
| 2021 (8) | 4.35 | 0.69 | 8.12 | -16.55 | 83.91 | -0.77 | 44.97 | 19.89 | 64.43 | -3.42 | 64.45 | 16.42 |
| 2020 (7) | 4.32 | -7.69 | 9.73 | -2.51 | 84.56 | 8.31 | 37.51 | 2.6 | 66.71 | 4.43 | 55.36 | 9.06 |
| 2019 (6) | 4.68 | 8.84 | 9.98 | 15.91 | 78.07 | -8.11 | 36.56 | -13.79 | 63.88 | -22.13 | 50.76 | 11.95 |
| 2018 (5) | 4.30 | -2.27 | 8.61 | -13.12 | 84.96 | 2.42 | 42.41 | 15.15 | 82.03 | 3.72 | 45.34 | 11.4 |
| 2017 (4) | 4.40 | -6.98 | 9.91 | -6.86 | 82.95 | 7.45 | 36.83 | 7.38 | 79.09 | 7.05 | 40.70 | 8.19 |
| 2016 (3) | 4.73 | 2.83 | 10.64 | -8.04 | 77.20 | -2.72 | 34.30 | 8.79 | 73.88 | 0.79 | 37.62 | 0.05 |
| 2015 (2) | 4.60 | 37.31 | 11.57 | 2.39 | 79.36 | -27.07 | 31.53 | -2.35 | 73.30 | -17.04 | 37.60 | -28.69 |
| 2014 (1) | 3.35 | 0.9 | 11.30 | -1.57 | 108.81 | -0.92 | 32.29 | 1.57 | 88.36 | 8.7 | 52.73 | -12.6 |
