- 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) | 0.95 | 9.2 | -6.86 | 1.79 | 5.29 | 14.74 | 95.83 | -7.95 | 7.59 | 50.92 | -4.77 | -12.52 | 80.52 | 12.02 | -3.19 | 66.23 | -22.71 | 3.32 |
| 23Q3 (19) | 0.87 | 16.0 | -13.86 | 1.70 | 25.0 | 7.59 | 104.11 | -14.37 | 15.97 | 53.47 | -20.12 | -7.28 | 71.88 | -14.21 | -11.22 | 85.69 | -18.18 | 28.9 |
| 23Q2 (18) | 0.75 | -15.73 | -27.88 | 1.36 | -8.72 | -4.9 | 121.58 | 19.14 | 38.52 | 66.94 | 9.65 | 5.52 | 83.79 | 3.96 | 10.11 | 104.73 | 26.96 | 39.44 |
| 23Q1 (17) | 0.89 | -12.75 | -20.54 | 1.49 | -4.49 | 29.57 | 102.05 | 14.57 | 25.43 | 61.05 | 4.88 | -23.12 | 80.60 | -3.09 | -19.11 | 82.49 | 28.69 | 34.94 |
| 22Q4 (16) | 1.02 | 0.99 | -9.73 | 1.56 | -1.27 | 33.33 | 89.07 | -0.78 | 10.51 | 58.21 | 0.94 | -25.44 | 83.17 | 2.73 | -33.01 | 64.10 | -3.58 | 85.74 |
| 22Q3 (15) | 1.01 | -2.88 | -20.47 | 1.58 | 10.49 | -19.39 | 89.77 | 2.28 | 25.55 | 57.67 | -9.1 | 23.94 | 80.96 | 6.39 | -17.11 | 66.48 | -11.49 | 226.52 |
| 22Q2 (14) | 1.04 | -7.14 | -20.61 | 1.43 | 24.35 | -45.63 | 87.77 | 7.88 | 26.16 | 63.44 | -20.11 | 83.35 | 76.10 | -23.63 | -14.11 | 75.11 | 22.87 | 382.4 |
| 22Q1 (13) | 1.12 | -0.88 | -10.4 | 1.15 | -1.71 | -56.93 | 81.36 | 0.94 | 12.1 | 79.41 | 1.72 | 133.15 | 99.64 | -19.75 | 17.15 | 61.13 | 77.14 | 183.01 |
| 21Q4 (12) | 1.13 | -11.02 | -13.74 | 1.17 | -40.31 | -49.79 | 80.60 | 12.73 | 16.22 | 78.07 | 67.78 | 99.62 | 124.16 | 27.12 | 40.72 | 34.51 | 69.5 | 70.59 |
| 21Q3 (11) | 1.27 | -3.05 | -5.22 | 1.96 | -25.48 | -3.45 | 71.50 | 2.77 | 5.24 | 46.53 | 34.48 | 3.61 | 97.67 | 10.24 | 7.83 | 20.36 | 30.76 | -8.58 |
| 21Q2 (10) | 1.31 | 4.8 | 23.58 | 2.63 | -1.5 | 51.15 | 69.57 | -4.15 | -18.96 | 34.60 | 1.59 | -33.79 | 88.60 | 4.17 | -18.48 | 15.57 | -27.92 | -47.09 |
| 21Q1 (9) | 1.25 | -4.58 | 14.68 | 2.67 | 14.59 | 37.63 | 72.58 | 4.66 | -12.82 | 34.06 | -12.91 | -27.25 | 85.05 | -3.6 | -15.59 | 21.60 | 6.77 | -26.31 |
| 20Q4 (8) | 1.31 | -2.24 | -17.61 | 2.33 | 14.78 | 18.88 | 69.35 | 2.08 | 21.52 | 39.11 | -12.91 | -15.95 | 88.23 | -2.59 | 28.5 | 20.23 | -9.16 | -42.1 |
| 20Q3 (7) | 1.34 | 26.42 | -8.84 | 2.03 | 16.67 | 73.5 | 67.94 | -20.86 | 9.86 | 44.91 | -14.06 | -42.43 | 90.58 | -16.65 | 12.45 | 22.27 | -24.33 | -62.45 |
| 20Q2 (6) | 1.06 | -2.75 | 4.95 | 1.74 | -10.31 | 95.51 | 85.85 | 3.12 | -4.35 | 52.26 | 11.62 | -48.89 | 108.68 | 7.86 | 20.3 | 29.43 | 0.41 | -71.05 |
| 20Q1 (5) | 1.09 | -31.45 | 2.83 | 1.94 | -1.02 | 90.2 | 83.25 | 45.87 | -2.7 | 46.82 | 0.62 | -47.35 | 100.76 | 46.75 | 31.35 | 29.31 | -16.11 | -70.02 |
| 19Q4 (4) | 1.59 | 8.16 | 0.0 | 1.96 | 67.52 | 0.0 | 57.07 | -7.71 | 0.0 | 46.53 | -40.35 | 0.0 | 68.66 | -14.76 | 0.0 | 34.94 | -41.08 | 0.0 |
| 19Q3 (3) | 1.47 | 45.54 | 0.0 | 1.17 | 31.46 | 0.0 | 61.84 | -31.1 | 0.0 | 78.01 | -23.71 | 0.0 | 80.55 | -10.84 | 0.0 | 59.30 | -41.67 | 0.0 |
| 19Q2 (2) | 1.01 | -4.72 | 0.0 | 0.89 | -12.75 | 0.0 | 89.75 | 4.9 | 0.0 | 102.26 | 14.99 | 0.0 | 90.34 | 17.77 | 0.0 | 101.67 | 3.98 | 0.0 |
| 19Q1 (1) | 1.06 | 0.0 | 0.0 | 1.02 | 0.0 | 0.0 | 85.56 | 0.0 | 0.0 | 88.93 | 0.0 | 0.0 | 76.71 | 0.0 | 0.0 | 97.78 | 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) | 3.46 | -21.54 | 6.22 | 16.26 | 105.51 | 27.58 | 58.65 | -14.0 | 90.97 | -5.11 | 73.19 | 33.0 |
| 2022 (9) | 4.41 | -13.87 | 5.35 | -5.98 | 82.70 | 16.09 | 68.20 | 6.3 | 95.87 | -6.57 | 55.03 | 67.83 |
| 2021 (8) | 5.12 | 16.89 | 5.69 | -27.05 | 71.24 | -14.55 | 64.16 | 37.04 | 102.61 | 2.13 | 32.79 | 10.37 |
| 2020 (7) | 4.38 | -2.88 | 7.80 | 35.18 | 83.37 | 3.01 | 46.82 | -25.99 | 100.47 | 22.82 | 29.71 | -52.38 |
| 2019 (6) | 4.51 | -22.77 | 5.77 | 8.87 | 80.93 | 29.53 | 63.26 | -8.17 | 81.80 | 25.52 | 62.39 | -5.77 |
| 2018 (5) | 5.84 | 42.44 | 5.30 | 36.95 | 62.48 | -29.8 | 68.89 | -27.02 | 65.17 | -15.07 | 66.21 | -37.92 |
| 2017 (4) | 4.10 | -25.05 | 3.87 | 0.26 | 89.00 | 33.33 | 94.40 | -0.22 | 76.73 | 17.92 | 106.66 | 10.77 |
| 2016 (3) | 5.47 | 55.4 | 3.86 | 26.97 | 66.75 | -35.58 | 94.61 | -21.24 | 65.07 | -38.21 | 96.29 | -18.69 |
| 2015 (2) | 3.52 | -18.52 | 3.04 | -27.79 | 103.61 | 22.76 | 120.12 | 38.64 | 105.31 | 2.76 | 118.42 | 72.72 |
| 2014 (1) | 4.32 | 0.23 | 4.21 | 4.47 | 84.40 | -0.28 | 86.64 | -4.36 | 102.48 | -0.39 | 68.56 | -5.24 |
