- 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) | 0.87 | -4.4 | -13.0 | 1.79 | -9.14 | 7.83 | 104.78 | 4.33 | 15.63 | 50.88 | 10.01 | -7.39 | 69.48 | 0.23 | 13.98 | 86.18 | 11.39 | 1.88 |
| 23Q3 (19) | 0.91 | -7.14 | 26.39 | 1.97 | -1.99 | 51.54 | 100.43 | 7.77 | -20.96 | 46.25 | 2.39 | -34.14 | 69.32 | 3.96 | -12.51 | 77.37 | 7.92 | -34.46 |
| 23Q2 (18) | 0.98 | 0.0 | 22.5 | 2.01 | 11.67 | 25.62 | 93.19 | 0.28 | -17.71 | 45.17 | -10.63 | -20.41 | 66.68 | -3.39 | -21.76 | 71.69 | -3.69 | -15.42 |
| 23Q1 (17) | 0.98 | -2.0 | 11.36 | 1.80 | 8.43 | -14.29 | 92.93 | 2.55 | -9.9 | 50.54 | -8.01 | 16.67 | 69.02 | 13.22 | -6.27 | 74.44 | -12.0 | 2.22 |
| 22Q4 (16) | 1.00 | 38.89 | 12.36 | 1.66 | 27.69 | -19.81 | 90.62 | -28.68 | -11.41 | 54.94 | -21.76 | 25.09 | 60.96 | -23.06 | -16.42 | 84.59 | -28.34 | 15.45 |
| 22Q3 (15) | 0.72 | -10.0 | -24.21 | 1.30 | -18.75 | -36.27 | 127.06 | 12.2 | 32.12 | 70.22 | 23.74 | 57.62 | 79.23 | -7.04 | 6.55 | 118.05 | 39.28 | 77.89 |
| 22Q2 (14) | 0.80 | -9.09 | -12.09 | 1.60 | -23.81 | -23.44 | 113.24 | 9.79 | 12.94 | 56.75 | 31.0 | 30.43 | 85.23 | 15.74 | 11.01 | 84.76 | 16.4 | 26.51 |
| 22Q1 (13) | 0.88 | -1.12 | 0.0 | 2.10 | 1.45 | -7.49 | 103.14 | 0.83 | -0.23 | 43.32 | -1.37 | 8.08 | 73.64 | 0.96 | -2.94 | 72.82 | -0.61 | 7.74 |
| 21Q4 (12) | 0.89 | -6.32 | 7.23 | 2.07 | 1.47 | -14.11 | 102.29 | 6.36 | -6.62 | 43.92 | -1.41 | 16.41 | 72.94 | -1.91 | -4.43 | 73.27 | 10.41 | 3.27 |
| 21Q3 (11) | 0.95 | 4.4 | 13.1 | 2.04 | -2.39 | -18.07 | 96.17 | -4.09 | -11.73 | 44.55 | 2.39 | 21.79 | 74.36 | -3.15 | 8.59 | 66.36 | -0.96 | -13.87 |
| 21Q2 (10) | 0.91 | 3.41 | 10.98 | 2.09 | -7.93 | -1.42 | 100.27 | -3.01 | -9.92 | 43.51 | 8.56 | 1.28 | 76.78 | 1.2 | 0.99 | 67.00 | -0.87 | -14.38 |
| 21Q1 (9) | 0.88 | 6.02 | 4.76 | 2.27 | -5.81 | 4.13 | 103.38 | -5.62 | -5.04 | 40.08 | 6.23 | -4.11 | 75.87 | -0.59 | -1.11 | 67.59 | -4.74 | -8.6 |
| 20Q4 (8) | 0.83 | -1.19 | 2.47 | 2.41 | -3.21 | 12.62 | 109.54 | 0.54 | -2.29 | 37.73 | 3.14 | -11.33 | 76.32 | 11.45 | -2.2 | 70.95 | -7.92 | -7.4 |
| 20Q3 (7) | 0.84 | 2.44 | 0.0 | 2.49 | 17.45 | 9.21 | 108.95 | -2.12 | 0.69 | 36.58 | -14.85 | -8.34 | 68.48 | -9.93 | -13.85 | 77.05 | -1.53 | 12.29 |
| 20Q2 (6) | 0.82 | -2.38 | 0.0 | 2.12 | -2.75 | -17.83 | 111.31 | 2.24 | -0.04 | 42.96 | 2.78 | 21.91 | 76.03 | -0.9 | -4.87 | 78.25 | 5.81 | 17.35 |
| 20Q1 (5) | 0.84 | 3.7 | 6.33 | 2.18 | 1.87 | -20.15 | 108.87 | -2.89 | -6.07 | 41.80 | -1.76 | 25.19 | 76.72 | -1.69 | -4.81 | 73.95 | -3.48 | 7.63 |
| 19Q4 (4) | 0.81 | -3.57 | 0.0 | 2.14 | -6.14 | 0.0 | 112.11 | 3.61 | 0.0 | 42.55 | 6.61 | 0.0 | 78.04 | -1.82 | 0.0 | 76.62 | 11.66 | 0.0 |
| 19Q3 (3) | 0.84 | 2.44 | 0.0 | 2.28 | -11.63 | 0.0 | 108.20 | -2.83 | 0.0 | 39.91 | 13.25 | 0.0 | 79.49 | -0.54 | 0.0 | 68.62 | 2.91 | 0.0 |
| 19Q2 (2) | 0.82 | 3.8 | 0.0 | 2.58 | -5.49 | 0.0 | 111.35 | -3.93 | 0.0 | 35.24 | 5.54 | 0.0 | 79.92 | -0.84 | 0.0 | 66.68 | -2.95 | 0.0 |
| 19Q1 (1) | 0.79 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 115.91 | 0.0 | 0.0 | 33.39 | 0.0 | 0.0 | 80.60 | 0.0 | 0.0 | 68.71 | 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) | 4.09 | 22.82 | 7.93 | 8.04 | 89.15 | -18.64 | 46.04 | -7.46 | 58.66 | -21.27 | 76.52 | -9.79 |
| 2022 (9) | 3.33 | -5.93 | 7.34 | -18.81 | 109.58 | 6.3 | 49.75 | 23.27 | 74.51 | 1.61 | 84.82 | 20.96 |
| 2021 (8) | 3.54 | 5.04 | 9.04 | -6.22 | 103.09 | -4.96 | 40.36 | 6.58 | 73.33 | 1.85 | 70.12 | -5.66 |
| 2020 (7) | 3.37 | 3.06 | 9.64 | -9.23 | 108.47 | -2.72 | 37.87 | 10.22 | 72.00 | -2.28 | 74.33 | 2.96 |
| 2019 (6) | 3.27 | 3.15 | 10.62 | -12.09 | 111.50 | -3.08 | 34.36 | 13.74 | 73.68 | -11.55 | 72.19 | 16.55 |
| 2018 (5) | 3.17 | 4.97 | 12.08 | -11.57 | 115.04 | -4.85 | 30.21 | 13.02 | 83.30 | -4.35 | 61.94 | 2.3 |
| 2017 (4) | 3.02 | 1.34 | 13.66 | -0.15 | 120.91 | -1.14 | 26.73 | 0.19 | 87.09 | -6.25 | 60.55 | 7.95 |
| 2016 (3) | 2.98 | 4.2 | 13.68 | 15.83 | 122.31 | -4.2 | 26.68 | -13.68 | 92.90 | -10.86 | 56.09 | 3.18 |
| 2015 (2) | 2.86 | 1.78 | 11.81 | -1.17 | 127.67 | -1.79 | 30.91 | 1.18 | 104.22 | 0.99 | 54.36 | -5.21 |
| 2014 (1) | 2.81 | -6.95 | 11.95 | -12.33 | 130.00 | 7.57 | 30.55 | 14.08 | 103.20 | 14.18 | 57.35 | 0.17 |
