- 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) | 1.19 | -4.03 | -0.83 | 1.50 | 2.74 | 16.28 | 76.44 | 4.57 | 0.5 | 60.79 | -2.5 | -13.66 | 62.28 | 9.4 | 9.76 | 74.95 | -4.55 | -16.48 |
| 23Q3 (19) | 1.24 | 4.2 | 2.48 | 1.46 | 14.96 | 15.87 | 73.10 | -4.11 | -3.0 | 62.35 | -12.94 | -13.89 | 56.93 | -0.65 | 2.39 | 78.52 | -13.29 | -14.81 |
| 23Q2 (18) | 1.19 | 14.42 | 4.39 | 1.27 | 10.43 | 6.72 | 76.23 | -13.3 | -4.91 | 71.62 | -9.13 | -6.17 | 57.30 | -8.5 | -6.87 | 90.55 | -13.03 | -4.65 |
| 23Q1 (17) | 1.04 | -13.33 | -10.34 | 1.15 | -10.85 | -6.5 | 87.92 | 15.59 | 11.91 | 78.82 | 11.94 | 6.56 | 62.62 | 10.36 | -6.36 | 104.12 | 16.02 | 21.55 |
| 22Q4 (16) | 1.20 | -0.83 | -13.67 | 1.29 | 2.38 | -10.42 | 76.06 | 0.93 | 16.12 | 70.41 | -2.76 | 11.04 | 56.74 | 2.05 | -3.5 | 89.74 | -2.64 | 28.0 |
| 22Q3 (15) | 1.21 | 6.14 | -9.02 | 1.26 | 5.88 | -8.03 | 75.36 | -6.0 | 9.81 | 72.41 | -5.14 | 8.64 | 55.60 | -9.64 | -11.89 | 92.17 | -2.95 | 27.69 |
| 22Q2 (14) | 1.14 | -1.72 | -14.93 | 1.19 | -3.25 | -17.36 | 80.17 | 2.05 | 18.31 | 76.33 | 3.19 | 20.39 | 61.53 | -7.99 | -4.19 | 94.97 | 10.87 | 41.89 |
| 22Q1 (13) | 1.16 | -16.55 | -6.45 | 1.23 | -14.58 | -18.54 | 78.56 | 19.94 | 7.41 | 73.97 | 16.65 | 23.12 | 66.87 | 13.72 | -0.55 | 85.66 | 22.18 | 29.81 |
| 21Q4 (12) | 1.39 | 4.51 | 6.11 | 1.44 | 5.11 | -17.71 | 65.50 | -4.56 | -5.51 | 63.41 | -4.86 | 22.06 | 58.80 | -6.81 | -2.2 | 70.11 | -2.87 | 14.67 |
| 21Q3 (11) | 1.33 | -0.75 | -2.21 | 1.37 | -4.86 | -16.46 | 68.63 | 1.28 | 2.82 | 66.65 | 5.13 | 20.24 | 63.10 | -1.74 | 13.12 | 72.18 | 7.84 | 8.7 |
| 21Q2 (10) | 1.34 | 8.06 | 3.08 | 1.44 | -4.64 | 2.13 | 67.76 | -7.36 | -3.32 | 63.40 | 5.53 | -1.9 | 64.22 | -4.49 | 9.18 | 66.93 | 1.42 | -11.82 |
| 21Q1 (9) | 1.24 | -5.34 | 9.73 | 1.51 | -13.71 | 12.69 | 73.14 | 5.51 | -9.51 | 60.08 | 15.65 | -11.62 | 67.24 | 11.84 | -2.69 | 65.99 | 7.93 | -17.21 |
| 20Q4 (8) | 1.31 | -3.68 | 1.55 | 1.75 | 6.71 | 7.36 | 69.32 | 3.85 | -2.1 | 51.95 | -6.28 | -6.88 | 60.12 | 7.78 | -1.43 | 61.14 | -7.92 | -6.83 |
| 20Q3 (7) | 1.36 | 4.62 | 6.25 | 1.64 | 16.31 | 9.33 | 66.75 | -4.77 | -6.21 | 55.43 | -14.23 | -8.85 | 55.78 | -5.17 | -14.29 | 66.40 | -12.52 | -0.75 |
| 20Q2 (6) | 1.30 | 15.04 | -8.45 | 1.41 | 5.22 | -11.88 | 70.09 | -13.29 | 9.28 | 64.63 | -4.93 | 13.55 | 58.82 | -14.88 | -0.68 | 75.90 | -4.78 | 22.74 |
| 20Q1 (5) | 1.13 | -12.4 | -17.52 | 1.34 | -17.79 | -15.19 | 80.83 | 14.15 | 21.88 | 67.98 | 21.85 | 18.29 | 69.10 | 13.3 | 12.23 | 79.71 | 21.47 | 28.11 |
| 19Q4 (4) | 1.29 | 0.78 | 0.0 | 1.63 | 8.67 | 0.0 | 70.81 | -0.51 | 0.0 | 55.79 | -8.26 | 0.0 | 60.99 | -6.28 | 0.0 | 65.62 | -1.91 | 0.0 |
| 19Q3 (3) | 1.28 | -9.86 | 0.0 | 1.50 | -6.25 | 0.0 | 71.17 | 10.96 | 0.0 | 60.81 | 6.83 | 0.0 | 65.08 | 9.9 | 0.0 | 66.90 | 8.18 | 0.0 |
| 19Q2 (2) | 1.42 | 3.65 | 0.0 | 1.60 | 1.27 | 0.0 | 64.14 | -3.29 | 0.0 | 56.92 | -0.96 | 0.0 | 59.22 | -3.82 | 0.0 | 61.84 | -0.61 | 0.0 |
| 19Q1 (1) | 1.37 | 0.0 | 0.0 | 1.58 | 0.0 | 0.0 | 66.32 | 0.0 | 0.0 | 57.47 | 0.0 | 0.0 | 61.57 | 0.0 | 0.0 | 62.22 | 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) | 4.51 | -2.59 | 5.46 | 6.64 | 80.99 | 2.73 | 66.87 | -6.25 | 63.22 | -1.48 | 84.65 | -1.57 |
| 2022 (9) | 4.63 | -5.32 | 5.12 | -12.63 | 78.84 | 5.53 | 71.33 | 14.44 | 64.17 | -3.14 | 86.00 | 21.5 |
| 2021 (8) | 4.89 | 6.3 | 5.86 | -5.18 | 74.71 | -5.85 | 62.33 | 5.47 | 66.25 | -3.99 | 70.78 | 1.92 |
| 2020 (7) | 4.60 | -10.16 | 6.18 | -6.36 | 79.35 | 11.34 | 59.10 | 6.79 | 69.00 | 9.98 | 69.45 | 8.74 |
| 2019 (6) | 5.12 | 14.29 | 6.60 | -2.8 | 71.27 | -12.44 | 55.34 | 2.92 | 62.74 | -4.13 | 63.87 | -8.4 |
| 2018 (5) | 4.48 | 9.8 | 6.79 | -5.69 | 81.40 | -9.05 | 53.77 | 6.1 | 65.44 | -2.02 | 69.73 | -4.99 |
| 2017 (4) | 4.08 | -20.93 | 7.20 | -14.29 | 89.50 | 26.47 | 50.68 | 16.64 | 66.79 | 19.78 | 73.39 | 25.54 |
| 2016 (3) | 5.16 | 24.94 | 8.40 | 5.93 | 70.77 | -19.89 | 43.45 | -5.65 | 55.76 | -11.22 | 58.46 | -18.33 |
| 2015 (2) | 4.13 | 14.4 | 7.93 | -1.25 | 88.34 | -12.61 | 46.05 | 1.28 | 62.81 | -9.57 | 71.58 | -7.16 |
| 2014 (1) | 3.61 | -1.1 | 8.03 | 5.1 | 101.09 | 0.99 | 45.47 | -4.87 | 69.46 | -3.39 | 77.10 | 1.45 |
