- 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) | 0.88 | -6.38 | -12.87 | 0.95 | -5.94 | 13.1 | 103.85 | 7.21 | 15.49 | 95.31 | 6.12 | -12.41 | 88.33 | 17.13 | 19.46 | 110.83 | -0.4 | -11.19 |
| 23Q3 (19) | 0.94 | -7.84 | -16.07 | 1.01 | 12.22 | 23.17 | 96.87 | 8.83 | 18.76 | 89.81 | -11.16 | -18.76 | 75.41 | 13.01 | 5.84 | 111.27 | -9.81 | -7.94 |
| 23Q2 (18) | 1.02 | 4.08 | 7.37 | 0.90 | 8.43 | 15.38 | 89.01 | -4.59 | -7.55 | 101.09 | -7.96 | -13.62 | 66.73 | -8.15 | -26.42 | 123.37 | -5.44 | 0.61 |
| 23Q1 (17) | 0.98 | -2.97 | 27.27 | 0.83 | -1.19 | -20.95 | 93.29 | 3.75 | -21.35 | 109.83 | 0.93 | 26.21 | 72.65 | -1.74 | -28.16 | 130.47 | 4.55 | 24.85 |
| 22Q4 (16) | 1.01 | -9.82 | 18.82 | 0.84 | 2.44 | -39.57 | 89.92 | 10.24 | -15.58 | 108.82 | -1.56 | 66.34 | 73.94 | 3.78 | -20.4 | 124.79 | 3.24 | 57.9 |
| 22Q3 (15) | 1.12 | 17.89 | 30.23 | 0.82 | 5.13 | -42.66 | 81.57 | -15.28 | -23.3 | 110.55 | -5.54 | 74.04 | 71.25 | -21.44 | -21.7 | 120.87 | -1.43 | 53.25 |
| 22Q2 (14) | 0.95 | 23.38 | 6.74 | 0.78 | -25.71 | -50.94 | 96.28 | -18.83 | -6.21 | 117.03 | 34.49 | 103.89 | 90.69 | -10.32 | 3.73 | 122.62 | 17.34 | 68.85 |
| 22Q1 (13) | 0.77 | -9.41 | -8.33 | 1.05 | -24.46 | -33.12 | 118.61 | 11.36 | 9.4 | 87.02 | 33.02 | 50.24 | 101.13 | 8.87 | 8.71 | 104.50 | 32.23 | 42.55 |
| 21Q4 (12) | 0.85 | -1.16 | -10.53 | 1.39 | -2.8 | -21.02 | 106.51 | 0.15 | 11.04 | 65.42 | 2.99 | 26.39 | 92.89 | 2.08 | 12.77 | 79.03 | 0.2 | 21.01 |
| 21Q3 (11) | 0.86 | -3.37 | -15.69 | 1.43 | -10.06 | -19.21 | 106.35 | 3.6 | 19.59 | 63.52 | 10.66 | 23.51 | 91.00 | 4.08 | 22.33 | 78.87 | 8.61 | 19.55 |
| 21Q2 (10) | 0.89 | 5.95 | -20.54 | 1.59 | 1.27 | 0.0 | 102.65 | -5.32 | 26.01 | 57.40 | -0.9 | 0.21 | 87.43 | -6.02 | 25.01 | 72.62 | -0.94 | 5.55 |
| 21Q1 (9) | 0.84 | -11.58 | 0.0 | 1.57 | -10.8 | 30.83 | 108.42 | 13.03 | -0.17 | 57.92 | 11.9 | -23.75 | 93.03 | 12.94 | -2.13 | 73.31 | 12.25 | -18.12 |
| 20Q4 (8) | 0.95 | -6.86 | -10.38 | 1.76 | -0.56 | 10.0 | 95.92 | 7.86 | 11.56 | 51.76 | 0.64 | -8.92 | 82.37 | 10.73 | 5.18 | 65.31 | -1.0 | 1.24 |
| 20Q3 (7) | 1.02 | -8.93 | -5.56 | 1.77 | 11.32 | 22.07 | 88.93 | 9.17 | 5.39 | 51.43 | -10.21 | -18.3 | 74.39 | 6.36 | 0.84 | 65.97 | -4.11 | -10.31 |
| 20Q2 (6) | 1.12 | 33.33 | 8.74 | 1.59 | 32.5 | 28.23 | 81.46 | -25.0 | -7.81 | 57.28 | -24.59 | -21.66 | 69.94 | -26.42 | -4.09 | 68.80 | -23.15 | -22.32 |
| 20Q1 (5) | 0.84 | -20.75 | -8.7 | 1.20 | -25.0 | -2.44 | 108.61 | 26.32 | 9.44 | 75.96 | 33.66 | 2.94 | 95.05 | 21.38 | 17.2 | 89.53 | 38.78 | -2.62 |
| 19Q4 (4) | 1.06 | -1.85 | 0.0 | 1.60 | 10.34 | 0.0 | 85.98 | 1.9 | 0.0 | 56.83 | -9.72 | 0.0 | 78.31 | 6.15 | 0.0 | 64.51 | -12.29 | 0.0 |
| 19Q3 (3) | 1.08 | 4.85 | 0.0 | 1.45 | 16.94 | 0.0 | 84.38 | -4.5 | 0.0 | 62.95 | -13.91 | 0.0 | 73.77 | 1.17 | 0.0 | 73.55 | -16.96 | 0.0 |
| 19Q2 (2) | 1.03 | 11.96 | 0.0 | 1.24 | 0.81 | 0.0 | 88.36 | -10.96 | 0.0 | 73.12 | -0.91 | 0.0 | 72.92 | -10.09 | 0.0 | 88.57 | -3.67 | 0.0 |
| 19Q1 (1) | 0.92 | 0.0 | 0.0 | 1.23 | 0.0 | 0.0 | 99.24 | 0.0 | 0.0 | 73.79 | 0.0 | 0.0 | 81.10 | 0.0 | 0.0 | 91.94 | 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) | 3.91 | 14.66 | 3.32 | -18.63 | 93.26 | -12.99 | 109.86 | 22.94 | 86.21 | -8.54 | 116.91 | 14.32 |
| 2022 (9) | 3.41 | 4.92 | 4.08 | -29.53 | 107.18 | -4.53 | 89.36 | 41.86 | 94.26 | -1.98 | 102.27 | 29.29 |
| 2021 (8) | 3.25 | -10.47 | 5.79 | -9.53 | 112.27 | 11.5 | 62.99 | 10.43 | 96.16 | 11.03 | 79.10 | 11.22 |
| 2020 (7) | 3.63 | -5.47 | 6.40 | 11.89 | 100.69 | 6.03 | 57.04 | -10.57 | 86.61 | 6.53 | 71.12 | -8.16 |
| 2019 (6) | 3.84 | 3.78 | 5.72 | -0.35 | 94.96 | -3.82 | 63.78 | 0.3 | 81.30 | -9.11 | 77.44 | 6.27 |
| 2018 (5) | 3.70 | 18.59 | 5.74 | -1.71 | 98.73 | -15.72 | 63.59 | 1.7 | 89.45 | -15.08 | 72.87 | -1.99 |
| 2017 (4) | 3.12 | 2.3 | 5.84 | -12.44 | 117.15 | -2.21 | 62.53 | 14.23 | 105.33 | -0.04 | 74.35 | 7.47 |
| 2016 (3) | 3.05 | -11.59 | 6.67 | -22.26 | 119.80 | 13.07 | 54.74 | 28.65 | 105.37 | 9.21 | 69.18 | 32.99 |
| 2015 (2) | 3.45 | -11.99 | 8.58 | -12.63 | 105.95 | 13.75 | 42.55 | 14.44 | 96.48 | 7.03 | 52.02 | 29.5 |
| 2014 (1) | 3.92 | -0.51 | 9.82 | 15.67 | 93.14 | 0.52 | 37.18 | -13.55 | 90.14 | 0.04 | 40.17 | -11.85 |
