- 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) | 1.38 | 12.2 | 0.0 | 1.08 | 54.29 | -10.74 | 65.72 | -11.32 | -0.2 | 83.91 | -35.14 | 11.7 | 42.81 | -29.79 | -34.54 | 106.82 | -25.05 | 41.37 |
| 23Q3 (19) | 1.23 | 0.0 | 2.5 | 0.70 | 37.25 | -51.72 | 74.11 | -0.05 | -2.64 | 129.37 | -28.12 | 106.1 | 60.97 | -38.05 | -20.67 | 142.52 | -8.47 | 129.8 |
| 23Q2 (18) | 1.23 | 36.67 | -4.65 | 0.51 | -13.56 | -75.48 | 74.15 | -27.07 | 5.15 | 179.98 | 15.77 | 312.14 | 98.42 | 1.24 | 46.18 | 155.71 | -2.64 | 232.29 |
| 23Q1 (17) | 0.90 | -34.78 | -29.69 | 0.59 | -51.24 | -72.43 | 101.67 | 54.4 | 43.56 | 155.47 | 106.96 | 265.73 | 97.21 | 48.64 | 46.91 | 159.93 | 111.66 | 239.12 |
| 22Q4 (16) | 1.38 | 15.0 | 2.22 | 1.21 | -16.55 | -47.84 | 65.85 | -13.49 | -2.43 | 75.12 | 19.68 | 91.73 | 65.40 | -14.91 | 2.11 | 75.56 | 21.83 | 77.29 |
| 22Q3 (15) | 1.20 | -6.98 | -9.77 | 1.45 | -30.29 | -37.23 | 76.12 | 7.94 | 11.04 | 62.77 | 43.74 | 59.23 | 76.86 | 14.15 | 30.45 | 62.02 | 32.35 | 26.44 |
| 22Q2 (14) | 1.29 | 0.78 | -9.15 | 2.08 | -2.8 | -10.73 | 70.52 | -0.42 | 9.69 | 43.67 | 2.73 | 11.63 | 67.33 | 1.75 | 50.12 | 46.86 | -0.64 | -19.98 |
| 22Q1 (13) | 1.28 | -5.19 | -6.57 | 2.14 | -7.76 | 19.55 | 70.82 | 4.93 | 6.58 | 42.51 | 8.5 | -16.17 | 66.17 | 3.31 | 77.73 | 47.16 | 10.65 | -41.0 |
| 21Q4 (12) | 1.35 | 1.5 | -0.74 | 2.32 | 0.43 | 112.84 | 67.49 | -1.55 | 0.96 | 39.18 | -0.61 | -52.95 | 64.05 | 8.71 | 7.77 | 42.62 | -13.11 | -53.0 |
| 21Q3 (11) | 1.33 | -6.34 | 9.92 | 2.31 | -0.86 | 117.92 | 68.55 | 6.63 | -8.95 | 39.42 | 0.77 | -53.94 | 58.92 | 31.37 | -27.59 | 49.05 | -16.24 | -38.3 |
| 21Q2 (10) | 1.42 | 3.65 | 0.0 | 2.33 | 30.17 | 25.95 | 64.29 | -3.25 | 0.39 | 39.12 | -22.86 | -20.36 | 44.85 | 20.47 | -30.42 | 58.56 | -26.74 | 20.25 |
| 21Q1 (9) | 1.37 | 0.74 | 11.38 | 1.79 | 64.22 | -23.83 | 66.45 | -0.6 | -10.47 | 50.71 | -39.1 | 31.17 | 37.23 | -37.35 | -41.06 | 79.93 | -11.86 | 60.79 |
| 20Q4 (8) | 1.36 | 12.4 | 14.29 | 1.09 | 2.83 | -63.42 | 66.85 | -11.21 | -12.26 | 83.27 | -2.7 | 172.84 | 59.43 | -26.96 | 15.04 | 90.69 | 14.08 | 64.74 |
| 20Q3 (7) | 1.21 | -14.79 | -11.68 | 1.06 | -42.7 | -51.15 | 75.29 | 17.57 | 13.17 | 85.58 | 74.23 | 103.81 | 81.37 | 26.23 | 62.97 | 79.50 | 63.24 | 35.71 |
| 20Q2 (6) | 1.42 | 15.45 | 16.39 | 1.85 | -21.28 | 26.71 | 64.04 | -13.72 | -14.02 | 49.12 | 27.06 | -21.09 | 64.46 | 2.04 | 37.71 | 48.70 | -2.03 | -45.85 |
| 20Q1 (5) | 1.23 | 3.36 | -6.82 | 2.35 | -21.14 | 49.68 | 74.22 | -2.59 | 7.82 | 38.66 | 26.67 | -33.28 | 63.17 | 22.28 | 143.06 | 49.71 | -9.7 | -50.68 |
| 19Q4 (4) | 1.19 | -13.14 | 0.0 | 2.98 | 37.33 | 0.0 | 76.19 | 14.52 | 0.0 | 30.52 | -27.32 | 0.0 | 51.66 | 3.46 | 0.0 | 55.05 | -6.03 | 0.0 |
| 19Q3 (3) | 1.37 | 12.3 | 0.0 | 2.17 | 48.63 | 0.0 | 66.53 | -10.67 | 0.0 | 41.99 | -32.55 | 0.0 | 49.93 | 6.67 | 0.0 | 58.58 | -34.86 | 0.0 |
| 19Q2 (2) | 1.22 | -7.58 | 0.0 | 1.46 | -7.01 | 0.0 | 74.48 | 8.19 | 0.0 | 62.25 | 7.44 | 0.0 | 46.81 | 80.11 | 0.0 | 89.93 | -10.77 | 0.0 |
| 19Q1 (1) | 1.32 | 0.0 | 0.0 | 1.57 | 0.0 | 0.0 | 68.84 | 0.0 | 0.0 | 57.94 | 0.0 | 0.0 | 25.99 | 0.0 | 0.0 | 100.79 | 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) | 3.69 | -35.94 | 3.18 | -51.23 | 98.86 | 56.05 | 114.85 | 105.16 | 90.92 | 55.85 | 122.79 | 101.36 |
| 2022 (9) | 5.76 | 6.47 | 6.52 | -16.41 | 63.35 | -6.05 | 55.98 | 19.64 | 58.34 | 10.62 | 60.98 | -0.81 |
| 2021 (8) | 5.41 | 1.12 | 7.80 | -14.19 | 67.43 | -1.07 | 46.79 | 16.51 | 52.74 | 27.11 | 61.48 | -7.99 |
| 2020 (7) | 5.35 | 11.0 | 9.09 | 9.92 | 68.16 | -9.9 | 40.16 | -9.04 | 41.49 | -0.74 | 66.82 | -14.33 |
| 2019 (6) | 4.82 | -14.39 | 8.27 | 9.83 | 75.65 | 16.78 | 44.15 | -8.89 | 41.80 | 51.39 | 78.00 | -8.91 |
| 2018 (5) | 5.63 | -3.1 | 7.53 | -19.03 | 64.78 | 3.17 | 48.46 | 23.53 | 27.61 | 5.66 | 85.63 | 12.83 |
| 2017 (4) | 5.81 | 5.64 | 9.30 | -0.43 | 62.79 | -5.34 | 39.23 | 0.41 | 26.13 | 15.98 | 75.89 | -8.42 |
| 2016 (3) | 5.50 | 3.77 | 9.34 | -5.18 | 66.33 | -3.62 | 39.07 | 5.45 | 22.53 | -21.06 | 82.87 | 7.16 |
| 2015 (2) | 5.30 | -14.38 | 9.85 | 2.07 | 68.82 | 16.64 | 37.05 | -2.01 | 28.54 | 1.96 | 77.33 | 12.37 |
| 2014 (1) | 6.19 | 4.21 | 9.65 | 15.02 | 59.00 | -3.94 | 37.81 | -13.04 | 27.99 | -13.16 | 68.82 | -5.3 |
