- 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) | 1.72 | 20.28 | 12.42 | 1.90 | 19.5 | 8.57 | 52.76 | -17.08 | -11.49 | 47.79 | -16.26 | -8.03 | 22.77 | -10.0 | -14.81 | 77.79 | -18.46 | -8.32 |
| 23Q3 (19) | 1.43 | 2.88 | 2.14 | 1.59 | -1.24 | 3.25 | 63.63 | -2.85 | -2.35 | 57.07 | 0.99 | -3.29 | 25.30 | 4.03 | -2.47 | 95.40 | -2.35 | -2.88 |
| 23Q2 (18) | 1.39 | 5.3 | 0.72 | 1.61 | 15.0 | 26.77 | 65.50 | -5.18 | -0.61 | 56.51 | -13.1 | -21.25 | 24.32 | -20.7 | -8.23 | 97.70 | -5.55 | -12.12 |
| 23Q1 (17) | 1.32 | -13.73 | -11.41 | 1.40 | -20.0 | 19.66 | 69.08 | 15.89 | 13.06 | 65.03 | 25.15 | -16.27 | 30.67 | 14.74 | 0.72 | 103.44 | 21.91 | -4.5 |
| 22Q4 (16) | 1.53 | 9.29 | 4.79 | 1.75 | 13.64 | 62.04 | 59.61 | -8.52 | -4.12 | 51.96 | -11.95 | -38.05 | 26.73 | 3.05 | -20.56 | 84.85 | -13.62 | -24.5 |
| 22Q3 (15) | 1.40 | 1.45 | 3.7 | 1.54 | 21.26 | 31.62 | 65.16 | -1.12 | -3.67 | 59.01 | -17.77 | -23.89 | 25.94 | -2.11 | -24.4 | 98.23 | -11.64 | -11.39 |
| 22Q2 (14) | 1.38 | -7.38 | -10.39 | 1.27 | 8.55 | -14.19 | 65.90 | 7.86 | 11.85 | 71.76 | -7.61 | 16.97 | 26.50 | -12.97 | -19.72 | 111.17 | 2.64 | 27.4 |
| 22Q1 (13) | 1.49 | 2.05 | -0.67 | 1.17 | 8.33 | -24.52 | 61.10 | -1.72 | 0.53 | 77.67 | -7.4 | 32.45 | 30.45 | -9.51 | -7.78 | 108.31 | -3.63 | 25.36 |
| 21Q4 (12) | 1.46 | 8.15 | -3.31 | 1.08 | -7.69 | -37.93 | 62.17 | -8.09 | 3.36 | 83.88 | 8.19 | 60.66 | 33.65 | -1.92 | 16.32 | 112.39 | 1.38 | 34.71 |
| 21Q3 (11) | 1.35 | -12.34 | -27.03 | 1.17 | -20.95 | -36.76 | 67.64 | 14.8 | 37.42 | 77.53 | 26.37 | 58.03 | 34.31 | 3.94 | 45.07 | 110.86 | 27.05 | 48.55 |
| 21Q2 (10) | 1.54 | 2.67 | 32.76 | 1.48 | -4.52 | 20.33 | 58.92 | -3.06 | -24.9 | 61.35 | 4.62 | -17.14 | 33.01 | -0.03 | -6.91 | 87.26 | 1.0 | -25.44 |
| 21Q1 (9) | 1.50 | -0.66 | -13.79 | 1.55 | -10.92 | -8.82 | 60.78 | 1.05 | 16.3 | 58.64 | 12.32 | 9.75 | 33.02 | 14.14 | 17.13 | 86.40 | 3.56 | 11.48 |
| 20Q4 (8) | 1.51 | -18.38 | -15.64 | 1.74 | -5.95 | 0.58 | 60.15 | 22.21 | 18.08 | 52.21 | 6.42 | -0.48 | 28.93 | 22.33 | 6.83 | 83.43 | 11.79 | 9.33 |
| 20Q3 (7) | 1.85 | 59.48 | 10.12 | 1.85 | 50.41 | 4.52 | 49.22 | -37.27 | -9.32 | 49.06 | -33.74 | -4.74 | 23.65 | -33.31 | -13.56 | 74.63 | -36.24 | -4.83 |
| 20Q2 (6) | 1.16 | -33.33 | -27.5 | 1.23 | -27.65 | -29.31 | 78.46 | 50.13 | 37.58 | 74.04 | 38.57 | 41.27 | 35.46 | 25.79 | 14.68 | 117.04 | 51.02 | 49.06 |
| 20Q1 (5) | 1.74 | -2.79 | 4.19 | 1.70 | -1.73 | 4.29 | 52.26 | 2.59 | -3.83 | 53.43 | 1.85 | -4.42 | 28.19 | 4.1 | -32.07 | 77.50 | 1.56 | 12.74 |
| 19Q4 (4) | 1.79 | 6.55 | 0.0 | 1.73 | -2.26 | 0.0 | 50.94 | -6.15 | 0.0 | 52.46 | 1.86 | 0.0 | 27.08 | -1.02 | 0.0 | 76.31 | -2.69 | 0.0 |
| 19Q3 (3) | 1.68 | 5.0 | 0.0 | 1.77 | 1.72 | 0.0 | 54.28 | -4.82 | 0.0 | 51.50 | -1.74 | 0.0 | 27.36 | -11.51 | 0.0 | 78.42 | -0.13 | 0.0 |
| 19Q2 (2) | 1.60 | -4.19 | 0.0 | 1.74 | 6.75 | 0.0 | 57.03 | 4.95 | 0.0 | 52.41 | -6.24 | 0.0 | 30.92 | -25.49 | 0.0 | 78.52 | 14.23 | 0.0 |
| 19Q1 (1) | 1.67 | 0.0 | 0.0 | 1.63 | 0.0 | 0.0 | 54.34 | 0.0 | 0.0 | 55.90 | 0.0 | 0.0 | 41.50 | 0.0 | 0.0 | 68.74 | 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) | 5.87 | -6.38 | 6.24 | 15.13 | 62.19 | 6.75 | 58.46 | -13.26 | 29.80 | -4.4 | 90.85 | -3.84 |
| 2022 (9) | 6.27 | 10.0 | 5.42 | 9.05 | 58.26 | -9.0 | 67.40 | -8.27 | 31.17 | -9.55 | 94.48 | -8.31 |
| 2021 (8) | 5.70 | -4.68 | 4.97 | -20.22 | 64.02 | 4.93 | 73.48 | 25.39 | 34.46 | 6.1 | 103.04 | 18.26 |
| 2020 (7) | 5.98 | -19.19 | 6.23 | -7.01 | 61.01 | 23.7 | 58.60 | 7.6 | 32.48 | -15.68 | 87.13 | 33.49 |
| 2019 (6) | 7.40 | 4.96 | 6.70 | -4.42 | 49.32 | -4.77 | 54.46 | 4.63 | 38.52 | -14.7 | 65.27 | 11.23 |
| 2018 (5) | 7.05 | -3.03 | 7.01 | -16.75 | 51.79 | 3.11 | 52.05 | 20.12 | 45.16 | 20.27 | 58.68 | 4.77 |
| 2017 (4) | 7.27 | 2.39 | 8.42 | -6.96 | 50.23 | -2.35 | 43.33 | 7.39 | 37.55 | 4.42 | 56.01 | 0.32 |
| 2016 (3) | 7.10 | 6.45 | 9.05 | 0.22 | 51.44 | -5.98 | 40.35 | -0.2 | 35.96 | -12.08 | 55.83 | 2.93 |
| 2015 (2) | 6.67 | -10.23 | 9.03 | -13.42 | 54.71 | 11.43 | 40.43 | 15.48 | 40.90 | 5.44 | 54.24 | 19.68 |
| 2014 (1) | 7.43 | -8.38 | 10.43 | 4.09 | 49.10 | 9.14 | 35.01 | -3.92 | 38.79 | -6.91 | 45.32 | 13.96 |
