- 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) | 0.85 | -7.61 | -7.61 | 0.82 | -9.89 | 6.49 | 107.17 | 8.56 | 8.0 | 111.58 | 12.1 | -5.38 | 45.92 | -3.59 | 54.2 | 172.84 | 14.74 | -7.75 |
| 23Q3 (19) | 0.92 | -13.21 | 29.58 | 0.91 | 0.0 | 19.74 | 98.72 | 15.39 | -22.55 | 99.54 | -0.12 | -16.93 | 47.63 | 6.55 | 99.04 | 150.63 | 7.2 | -32.56 |
| 23Q2 (18) | 1.06 | 12.77 | 10.42 | 0.91 | 21.33 | -9.0 | 85.55 | -11.39 | -9.53 | 99.66 | -18.22 | 9.14 | 44.70 | -5.16 | 27.28 | 140.51 | -17.96 | -6.8 |
| 23Q1 (17) | 0.94 | 2.17 | -4.08 | 0.75 | -2.6 | -24.24 | 96.55 | -2.7 | 3.51 | 121.86 | 3.34 | 32.66 | 47.13 | 58.26 | 46.91 | 171.28 | -8.59 | 11.9 |
| 22Q4 (16) | 0.92 | 29.58 | -9.8 | 0.77 | 1.32 | -25.24 | 99.23 | -22.15 | 10.8 | 117.92 | -1.59 | 33.85 | 29.78 | 24.45 | 2.76 | 187.37 | -16.11 | 26.02 |
| 22Q3 (15) | 0.71 | -26.04 | -30.39 | 0.76 | -24.0 | -25.49 | 127.47 | 34.8 | 42.66 | 119.82 | 31.22 | 33.74 | 23.93 | -31.86 | -35.32 | 223.36 | 48.16 | 57.36 |
| 22Q2 (14) | 0.96 | -2.04 | 0.0 | 1.00 | 1.01 | -3.85 | 94.56 | 1.37 | 0.1 | 91.31 | -0.6 | 4.8 | 35.12 | 9.48 | -8.11 | 150.76 | -1.5 | 5.15 |
| 22Q1 (13) | 0.98 | -3.92 | 0.0 | 0.99 | -3.88 | -7.48 | 93.28 | 4.15 | 0.44 | 91.86 | 4.27 | 8.49 | 32.08 | 10.7 | -25.08 | 153.06 | 2.95 | 13.62 |
| 21Q4 (12) | 1.02 | 0.0 | -11.3 | 1.03 | 0.98 | -4.63 | 89.56 | 0.24 | 13.24 | 88.10 | -1.66 | 5.03 | 28.98 | -21.68 | -36.32 | 148.68 | 4.75 | 26.59 |
| 21Q3 (11) | 1.02 | 6.25 | 8.51 | 1.02 | -1.92 | -14.29 | 89.35 | -5.42 | -7.91 | 89.59 | 2.82 | 17.16 | 37.00 | -3.19 | 5.65 | 141.94 | -1.0 | 2.51 |
| 21Q2 (10) | 0.96 | -2.04 | -1.03 | 1.04 | -2.8 | -19.38 | 94.47 | 1.72 | 0.98 | 87.13 | 2.91 | 23.08 | 38.22 | -10.74 | 40.57 | 143.38 | 6.44 | 4.53 |
| 21Q1 (9) | 0.98 | -14.78 | 16.67 | 1.07 | -0.93 | 9.18 | 92.87 | 17.42 | -14.05 | 84.67 | 0.94 | -8.84 | 42.82 | -5.91 | -1.09 | 134.71 | 14.7 | -14.55 |
| 20Q4 (8) | 1.15 | 22.34 | -8.73 | 1.08 | -9.24 | -18.18 | 79.09 | -18.48 | 9.77 | 83.88 | 9.69 | 21.64 | 45.51 | 29.95 | 36.63 | 117.45 | -15.18 | 9.05 |
| 20Q3 (7) | 0.94 | -3.09 | 5.62 | 1.19 | -7.75 | 9.17 | 97.02 | 3.71 | -5.14 | 76.47 | 8.02 | -8.39 | 35.02 | 28.8 | -17.58 | 138.47 | 0.96 | -3.34 |
| 20Q2 (6) | 0.97 | 15.48 | 18.29 | 1.29 | 31.63 | 14.16 | 93.55 | -13.42 | -15.52 | 70.79 | -23.78 | -11.9 | 27.19 | -37.19 | -49.18 | 137.16 | -12.99 | -0.31 |
| 20Q1 (5) | 0.84 | -33.33 | -1.18 | 0.98 | -25.76 | -10.91 | 108.05 | 49.97 | 1.38 | 92.88 | 34.69 | 12.11 | 43.29 | 29.96 | -30.49 | 157.64 | 46.37 | 23.98 |
| 19Q4 (4) | 1.26 | 41.57 | 0.0 | 1.32 | 21.1 | 0.0 | 72.05 | -29.56 | 0.0 | 68.96 | -17.38 | 0.0 | 33.31 | -21.61 | 0.0 | 107.70 | -24.82 | 0.0 |
| 19Q3 (3) | 0.89 | 8.54 | 0.0 | 1.09 | -3.54 | 0.0 | 102.28 | -7.63 | 0.0 | 83.47 | 3.88 | 0.0 | 42.49 | -20.58 | 0.0 | 143.25 | 4.12 | 0.0 |
| 19Q2 (2) | 0.82 | -3.53 | 0.0 | 1.13 | 2.73 | 0.0 | 110.73 | 3.89 | 0.0 | 80.35 | -3.02 | 0.0 | 53.50 | -14.1 | 0.0 | 137.58 | 8.2 | 0.0 |
| 19Q1 (1) | 0.85 | 0.0 | 0.0 | 1.10 | 0.0 | 0.0 | 106.58 | 0.0 | 0.0 | 82.85 | 0.0 | 0.0 | 62.28 | 0.0 | 0.0 | 127.15 | 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) | 4.28 | 5.42 | 3.47 | -2.53 | 85.22 | -5.17 | 105.17 | 2.7 | 43.26 | 28.48 | 147.14 | -7.23 |
| 2022 (9) | 4.06 | -1.22 | 3.56 | -14.01 | 89.87 | 1.15 | 102.41 | 16.24 | 33.67 | -1.89 | 158.61 | 11.2 |
| 2021 (8) | 4.11 | 25.3 | 4.14 | 5.34 | 88.85 | -20.06 | 88.10 | -5.04 | 34.32 | -28.91 | 142.63 | -8.36 |
| 2020 (7) | 3.28 | -15.25 | 3.93 | -17.26 | 111.14 | 17.73 | 92.78 | 20.81 | 48.28 | -4.17 | 155.64 | 28.81 |
| 2019 (6) | 3.87 | 23.64 | 4.75 | 19.95 | 94.40 | -19.02 | 76.80 | -16.7 | 50.38 | -32.46 | 120.83 | -9.95 |
| 2018 (5) | 3.13 | 3.64 | 3.96 | -19.35 | 116.57 | -3.41 | 92.20 | 24.14 | 74.59 | 9.35 | 134.18 | 5.87 |
| 2017 (4) | 3.02 | -5.33 | 4.91 | -9.41 | 120.68 | 5.51 | 74.27 | 10.37 | 68.21 | 12.8 | 126.74 | 4.56 |
| 2016 (3) | 3.19 | 1.27 | 5.42 | 4.03 | 114.38 | -1.41 | 67.29 | -3.95 | 60.47 | 3.62 | 121.21 | -5.09 |
| 2015 (2) | 3.15 | -10.51 | 5.21 | -17.17 | 116.01 | 11.84 | 70.06 | 20.69 | 58.36 | 19.05 | 127.71 | 13.25 |
| 2014 (1) | 3.52 | -0.28 | 6.29 | 14.99 | 103.73 | 0.35 | 58.05 | -12.97 | 49.02 | -19.47 | 112.77 | 3.27 |
