- 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) | 1.47 | 2.8 | -5.16 | 0.73 | 1.39 | 5.8 | 62.06 | -2.34 | 5.81 | 125.05 | -1.64 | -5.64 | 73.74 | -6.92 | -7.87 | 113.37 | 1.72 | 2.02 |
| 23Q3 (19) | 1.43 | -0.69 | -16.37 | 0.72 | 0.0 | 1.41 | 63.55 | 0.87 | 19.21 | 127.13 | 1.14 | -0.24 | 79.22 | 3.02 | -0.5 | 111.45 | -0.31 | 10.2 |
| 23Q2 (18) | 1.44 | -2.04 | -26.9 | 0.72 | 7.46 | 7.46 | 63.00 | 1.89 | 36.54 | 125.70 | -7.12 | -7.99 | 76.90 | -3.95 | -13.07 | 111.80 | -4.53 | 18.55 |
| 23Q1 (17) | 1.47 | -5.16 | -11.98 | 0.67 | -2.9 | 8.06 | 61.83 | 5.42 | 13.28 | 135.34 | 2.13 | -7.52 | 80.06 | 0.02 | -26.2 | 117.11 | 5.39 | 26.69 |
| 22Q4 (16) | 1.55 | -9.36 | -7.19 | 0.69 | -2.82 | -8.0 | 58.65 | 10.02 | 7.44 | 132.52 | 3.99 | 9.88 | 80.04 | 0.53 | -23.37 | 111.12 | 9.88 | 57.08 |
| 22Q3 (15) | 1.71 | -13.2 | 6.21 | 0.71 | 5.97 | -21.11 | 53.31 | 15.54 | -5.78 | 127.44 | -6.72 | 26.19 | 79.62 | -9.99 | -17.06 | 101.13 | 7.23 | 64.28 |
| 22Q2 (14) | 1.97 | 17.96 | 11.3 | 0.67 | 8.06 | -37.38 | 46.14 | -15.46 | -10.41 | 136.62 | -6.64 | 61.2 | 88.46 | -18.46 | 8.31 | 94.31 | 2.02 | 72.82 |
| 22Q1 (13) | 1.67 | 0.0 | -7.73 | 0.62 | -17.33 | -40.95 | 54.58 | -0.02 | 8.75 | 146.34 | 21.34 | 68.05 | 108.48 | 3.86 | 40.97 | 92.44 | 30.68 | 53.27 |
| 21Q4 (12) | 1.67 | 3.73 | 0.6 | 0.75 | -16.67 | -29.25 | 54.59 | -3.52 | -0.31 | 120.60 | 19.42 | 40.85 | 104.45 | 8.8 | 40.96 | 70.74 | 14.91 | 6.75 |
| 21Q3 (11) | 1.61 | -9.04 | -6.94 | 0.90 | -15.89 | -19.64 | 56.58 | 9.86 | 7.61 | 100.99 | 19.16 | 23.91 | 96.00 | 17.55 | 17.75 | 61.56 | 12.81 | 17.15 |
| 21Q2 (10) | 1.77 | -2.21 | 4.73 | 1.07 | 1.9 | -10.08 | 51.50 | 2.61 | -4.31 | 84.75 | -2.68 | 10.83 | 81.67 | 6.13 | -9.07 | 54.57 | -9.52 | 34.84 |
| 21Q1 (9) | 1.81 | 9.04 | 7.1 | 1.05 | -0.94 | -23.91 | 50.19 | -8.35 | -6.54 | 87.08 | 1.71 | 31.64 | 76.95 | 3.85 | -14.32 | 60.31 | -8.99 | 100.77 |
| 20Q4 (8) | 1.66 | -4.05 | -6.21 | 1.06 | -5.36 | -29.8 | 54.76 | 4.15 | 6.77 | 85.62 | 5.06 | 42.27 | 74.10 | -9.11 | -11.66 | 66.27 | 26.11 | 140.2 |
| 20Q3 (7) | 1.73 | 2.37 | 8.12 | 1.12 | -5.88 | -16.42 | 52.58 | -2.3 | -7.35 | 81.50 | 6.58 | 19.64 | 81.53 | -9.23 | -15.13 | 52.55 | 29.85 | 82.34 |
| 20Q2 (6) | 1.69 | 0.0 | 6.29 | 1.19 | -13.77 | -15.0 | 53.82 | 0.22 | -5.96 | 76.47 | 15.6 | 17.85 | 89.82 | 0.01 | -1.87 | 40.47 | 34.72 | 32.3 |
| 20Q1 (5) | 1.69 | -4.52 | 8.33 | 1.38 | -8.61 | -5.48 | 53.70 | 4.7 | -7.7 | 66.15 | 9.92 | 6.4 | 89.81 | 7.07 | 10.67 | 30.04 | 8.88 | -23.35 |
| 19Q4 (4) | 1.77 | 10.62 | 0.0 | 1.51 | 12.69 | 0.0 | 51.29 | -9.62 | 0.0 | 60.18 | -11.66 | 0.0 | 83.88 | -12.68 | 0.0 | 27.59 | -4.27 | 0.0 |
| 19Q3 (3) | 1.60 | 0.63 | 0.0 | 1.34 | -4.29 | 0.0 | 56.75 | -0.84 | 0.0 | 68.12 | 4.98 | 0.0 | 96.06 | 4.95 | 0.0 | 28.82 | -5.79 | 0.0 |
| 19Q2 (2) | 1.59 | 1.92 | 0.0 | 1.40 | -4.11 | 0.0 | 57.23 | -1.63 | 0.0 | 64.89 | 4.38 | 0.0 | 91.53 | 12.79 | 0.0 | 30.59 | -21.94 | 0.0 |
| 19Q1 (1) | 1.56 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 58.18 | 0.0 | 0.0 | 62.17 | 0.0 | 0.0 | 81.15 | 0.0 | 0.0 | 39.19 | 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) | 6.40 | -2.74 | 2.82 | 1.44 | 57.05 | 2.81 | 129.22 | -1.55 | 75.59 | -18.05 | 110.68 | 17.11 |
| 2022 (9) | 6.58 | -6.0 | 2.78 | -17.01 | 55.49 | 6.38 | 131.25 | 20.46 | 92.24 | 1.33 | 94.51 | 34.82 |
| 2021 (8) | 7.00 | 1.16 | 3.35 | -33.66 | 52.16 | -1.1 | 108.96 | 50.64 | 91.03 | 8.23 | 70.10 | 71.14 |
| 2020 (7) | 6.92 | 2.37 | 5.05 | -14.84 | 52.74 | -2.32 | 72.33 | 17.59 | 84.11 | 2.05 | 40.96 | 23.82 |
| 2019 (6) | 6.76 | 22.02 | 5.93 | 2.42 | 53.99 | -18.11 | 61.51 | -2.44 | 82.42 | -9.79 | 33.08 | -12.07 |
| 2018 (5) | 5.54 | 13.52 | 5.79 | 5.27 | 65.93 | -11.88 | 63.05 | -5.05 | 91.36 | -7.32 | 37.62 | -11.75 |
| 2017 (4) | 4.88 | -17.85 | 5.50 | 2.04 | 74.82 | 21.72 | 66.40 | -1.91 | 98.58 | 19.32 | 42.63 | -8.42 |
| 2016 (3) | 5.94 | -5.41 | 5.39 | 6.73 | 61.47 | 5.69 | 67.69 | -6.31 | 82.62 | -3.04 | 46.55 | 2.99 |
| 2015 (2) | 6.28 | 0.64 | 5.05 | -10.46 | 58.16 | -0.53 | 72.25 | 11.72 | 85.21 | 14.76 | 45.20 | -7.55 |
| 2014 (1) | 6.24 | 10.25 | 5.64 | -10.05 | 58.47 | -9.38 | 64.67 | 11.0 | 74.25 | -1.79 | 48.89 | 3.62 |
