- 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) | 2.77 | 6.13 | -12.62 | 1.06 | 73.77 | 47.22 | 32.89 | -5.71 | 14.52 | 85.66 | -42.22 | -32.63 | 78.02 | -30.42 | -0.73 | 40.52 | -42.93 | -47.57 |
| 23Q3 (19) | 2.61 | -46.19 | -22.78 | 0.61 | -40.78 | -46.02 | 34.88 | 85.93 | 29.57 | 148.25 | 68.27 | 83.59 | 112.13 | 68.67 | 240.92 | 71.00 | 75.79 | -5.04 |
| 23Q2 (18) | 4.85 | 69.58 | 54.46 | 1.03 | 202.94 | 17.05 | 18.76 | -41.1 | -35.29 | 88.10 | -67.0 | -14.5 | 66.48 | -64.67 | 329.46 | 40.39 | -63.5 | -65.35 |
| 23Q1 (17) | 2.86 | -9.78 | -4.98 | 0.34 | -52.78 | -52.78 | 31.85 | 10.9 | 5.36 | 266.99 | 109.98 | 110.76 | 188.18 | 139.45 | 763.21 | 110.66 | 43.18 | -18.09 |
| 22Q4 (16) | 3.17 | -6.21 | -5.09 | 0.72 | -36.28 | -21.74 | 28.72 | 6.69 | 5.47 | 127.15 | 57.46 | 28.96 | 78.59 | 138.95 | 476.6 | 77.29 | 3.37 | -31.11 |
| 22Q3 (15) | 3.38 | 7.64 | 19.43 | 1.13 | 28.41 | 68.66 | 26.92 | -7.14 | -16.22 | 80.75 | -21.63 | -40.55 | 32.89 | 112.47 | 168.27 | 74.77 | -35.85 | -51.98 |
| 22Q2 (14) | 3.14 | 4.32 | 3.63 | 0.88 | 22.22 | 72.55 | 28.99 | -4.1 | -3.43 | 103.04 | -18.66 | -42.82 | 15.48 | -28.99 | -28.47 | 116.55 | -13.73 | -38.19 |
| 22Q1 (13) | 3.01 | -9.88 | -8.79 | 0.72 | -21.74 | 26.32 | 30.23 | 11.02 | 9.53 | 126.68 | 28.48 | -21.33 | 21.80 | 59.94 | -17.3 | 135.10 | 20.41 | -16.74 |
| 21Q4 (12) | 3.34 | 18.02 | 15.97 | 0.92 | 37.31 | 29.58 | 27.23 | -15.25 | -13.75 | 98.60 | -27.4 | -23.02 | 13.63 | 11.17 | -44.64 | 112.20 | -27.93 | -16.91 |
| 21Q3 (11) | 2.83 | -6.6 | -14.24 | 0.67 | 31.37 | -39.64 | 32.13 | 7.03 | 16.5 | 135.82 | -24.63 | 66.32 | 12.26 | -43.35 | -37.96 | 155.69 | -17.44 | 73.97 |
| 21Q2 (10) | 3.03 | -8.18 | -14.65 | 0.51 | -10.53 | -48.48 | 30.02 | 8.77 | 16.95 | 180.20 | 11.91 | 96.47 | 21.64 | -17.91 | -4.59 | 188.57 | 16.21 | 99.12 |
| 21Q1 (9) | 3.30 | 14.58 | 21.77 | 0.57 | -19.72 | -17.39 | 27.60 | -12.58 | -17.69 | 161.02 | 25.71 | 22.6 | 26.36 | 7.07 | -4.25 | 162.27 | 20.16 | 18.15 |
| 20Q4 (8) | 2.88 | -12.73 | -21.31 | 0.71 | -36.04 | -49.29 | 31.57 | 14.47 | 27.04 | 128.09 | 56.86 | 96.88 | 24.62 | 24.6 | 70.5 | 135.04 | 50.9 | 78.93 |
| 20Q3 (7) | 3.30 | -7.04 | 18.71 | 1.11 | 12.12 | -19.57 | 27.58 | 7.44 | -15.68 | 81.66 | -10.97 | 23.56 | 19.76 | -12.87 | 5.05 | 89.49 | -5.5 | 11.88 |
| 20Q2 (6) | 3.55 | 31.0 | -1.39 | 0.99 | 43.48 | -49.75 | 25.67 | -23.44 | 1.7 | 91.72 | -30.17 | 98.49 | 22.68 | -17.62 | 49.7 | 94.70 | -31.05 | 68.21 |
| 20Q1 (5) | 2.71 | -25.96 | -34.38 | 0.69 | -50.71 | -67.3 | 33.53 | 34.93 | 52.13 | 131.34 | 101.88 | 204.73 | 27.53 | 90.65 | 74.24 | 137.34 | 81.98 | 178.35 |
| 19Q4 (4) | 3.66 | 31.65 | 0.0 | 1.40 | 1.45 | 0.0 | 24.85 | -24.03 | 0.0 | 65.06 | -1.56 | 0.0 | 14.44 | -23.23 | 0.0 | 75.47 | -5.65 | 0.0 |
| 19Q3 (3) | 2.78 | -22.78 | 0.0 | 1.38 | -29.95 | 0.0 | 32.71 | 29.6 | 0.0 | 66.09 | 43.02 | 0.0 | 18.81 | 24.16 | 0.0 | 79.99 | 42.08 | 0.0 |
| 19Q2 (2) | 3.60 | -12.83 | 0.0 | 1.97 | -6.64 | 0.0 | 25.24 | 14.52 | 0.0 | 46.21 | 7.22 | 0.0 | 15.15 | -4.11 | 0.0 | 56.30 | 14.11 | 0.0 |
| 19Q1 (1) | 4.13 | 0.0 | 0.0 | 2.11 | 0.0 | 0.0 | 22.04 | 0.0 | 0.0 | 43.10 | 0.0 | 0.0 | 15.80 | 0.0 | 0.0 | 49.34 | 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) | 9.01 | -23.51 | 5.17 | 101.95 | 40.49 | 30.7 | 70.61 | -50.48 | 67.58 | 13.89 | 43.52 | -61.9 |
| 2022 (9) | 11.78 | -16.39 | 2.56 | -18.99 | 30.98 | 19.61 | 142.58 | 23.34 | 59.34 | 181.1 | 114.22 | -5.13 |
| 2021 (8) | 14.09 | -6.13 | 3.16 | -15.28 | 25.90 | 6.5 | 115.60 | 18.29 | 21.11 | 19.88 | 120.39 | 15.27 |
| 2020 (7) | 15.01 | -0.53 | 3.73 | -45.71 | 24.32 | 0.54 | 97.73 | 84.05 | 17.61 | 32.81 | 104.44 | 63.11 |
| 2019 (6) | 15.09 | 1.07 | 6.87 | -29.39 | 24.19 | -1.06 | 53.10 | 41.56 | 13.26 | -0.23 | 64.03 | 31.56 |
| 2018 (5) | 14.93 | -3.49 | 9.73 | 27.52 | 24.45 | 3.6 | 37.51 | -21.59 | 13.29 | 4.32 | 48.67 | -17.07 |
| 2017 (4) | 15.47 | 49.76 | 7.63 | 41.04 | 23.60 | -33.24 | 47.84 | -29.07 | 12.74 | -32.02 | 58.69 | -30.18 |
| 2016 (3) | 10.33 | 28.16 | 5.41 | -37.96 | 35.35 | -21.98 | 67.45 | 61.06 | 18.74 | 20.51 | 84.06 | 17.35 |
| 2015 (2) | 8.06 | -25.71 | 8.72 | -32.35 | 45.31 | 34.65 | 41.88 | 47.88 | 15.55 | 10.52 | 71.63 | 49.54 |
| 2014 (1) | 10.85 | 16.67 | 12.89 | 22.65 | 33.65 | -14.25 | 28.32 | -18.48 | 14.07 | -44.72 | 47.90 | -1.3 |
