- 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) | 1.73 | 1.17 | -2.81 | 2.52 | 14.03 | 0.8 | 52.68 | -1.05 | 2.83 | 36.15 | -12.3 | -0.6 | 56.67 | -6.99 | -19.3 | 32.16 | -4.06 | 84.93 |
| 23Q3 (19) | 1.71 | 1.79 | 1.79 | 2.21 | 8.87 | -26.58 | 53.24 | -1.59 | -1.77 | 41.22 | -7.83 | 36.4 | 60.93 | -8.09 | -8.2 | 33.52 | 3.01 | 85.71 |
| 23Q2 (18) | 1.68 | -3.45 | 1.2 | 2.03 | -6.02 | -34.09 | 54.10 | 3.2 | -1.04 | 44.72 | 6.32 | 51.29 | 66.29 | -3.58 | 0.42 | 32.54 | 26.52 | 78.5 |
| 23Q1 (17) | 1.74 | -2.25 | -0.57 | 2.16 | -13.6 | -31.43 | 52.42 | 2.32 | 0.54 | 42.06 | 15.64 | 45.64 | 68.75 | -2.09 | 5.19 | 25.72 | 47.9 | 64.24 |
| 22Q4 (16) | 1.78 | 5.95 | 5.95 | 2.50 | -16.94 | -23.31 | 51.23 | -5.48 | -5.62 | 36.37 | 20.35 | 30.22 | 70.22 | 5.8 | 3.04 | 17.39 | -3.66 | 23.68 |
| 22Q3 (15) | 1.68 | 1.2 | 3.7 | 3.01 | -2.27 | -4.75 | 54.20 | -0.86 | -3.34 | 30.22 | 2.23 | 5.08 | 66.37 | 0.55 | -1.83 | 18.05 | -0.99 | 4.76 |
| 22Q2 (14) | 1.66 | -5.14 | -0.6 | 3.08 | -2.22 | 5.48 | 54.67 | 4.85 | 0.07 | 29.56 | 2.35 | -5.13 | 66.01 | 0.99 | 4.98 | 18.23 | 16.41 | -20.43 |
| 22Q1 (13) | 1.75 | 4.17 | 6.06 | 3.15 | -3.37 | 17.54 | 52.14 | -3.94 | -5.65 | 28.88 | 3.4 | -14.98 | 65.36 | -4.09 | 1.32 | 15.66 | 11.38 | -36.68 |
| 21Q4 (12) | 1.68 | 3.7 | 7.69 | 3.26 | 3.16 | 24.9 | 54.28 | -3.19 | -6.85 | 27.93 | -2.89 | -19.9 | 68.15 | 0.8 | 0.74 | 14.06 | -18.4 | -44.84 |
| 21Q3 (11) | 1.62 | -2.99 | 5.88 | 3.16 | 8.22 | 14.08 | 56.07 | 2.64 | -5.54 | 28.76 | -7.7 | -12.48 | 67.61 | 7.52 | 1.29 | 17.23 | -24.79 | -32.35 |
| 21Q2 (10) | 1.67 | 1.21 | 4.37 | 2.92 | 8.96 | 3.91 | 54.63 | -1.14 | -3.82 | 31.16 | -8.27 | -3.62 | 62.88 | -2.53 | -2.8 | 22.91 | -7.36 | -6.26 |
| 21Q1 (9) | 1.65 | 5.77 | 1.85 | 2.68 | 2.68 | 6.77 | 55.26 | -5.17 | -1.43 | 33.97 | -2.58 | -6.19 | 64.51 | -4.64 | -3.23 | 24.73 | -2.98 | -3.44 |
| 20Q4 (8) | 1.56 | 1.96 | -2.5 | 2.61 | -5.78 | 9.21 | 58.27 | -1.84 | 2.43 | 34.87 | 6.12 | -8.5 | 67.65 | 1.35 | 0.76 | 25.49 | 0.08 | -8.54 |
| 20Q3 (7) | 1.53 | -4.38 | 2.0 | 2.77 | -1.42 | 20.96 | 59.36 | 4.51 | -2.42 | 32.86 | 1.64 | -17.35 | 66.75 | 3.18 | -3.43 | 25.47 | 4.21 | -19.07 |
| 20Q2 (6) | 1.60 | -1.23 | 3.23 | 2.81 | 11.95 | 22.71 | 56.80 | 1.32 | -3.25 | 32.33 | -10.72 | -18.69 | 64.69 | -2.96 | -5.48 | 24.44 | -4.57 | -18.64 |
| 20Q1 (5) | 1.62 | 1.25 | 10.96 | 2.51 | 5.02 | 11.06 | 56.06 | -1.46 | -9.9 | 36.21 | -4.99 | -10.22 | 66.66 | -0.71 | -11.29 | 25.61 | -8.11 | -6.57 |
| 19Q4 (4) | 1.60 | 6.67 | 0.0 | 2.39 | 4.37 | 0.0 | 56.89 | -6.48 | 0.0 | 38.11 | -4.15 | 0.0 | 67.14 | -2.86 | 0.0 | 27.87 | -11.44 | 0.0 |
| 19Q3 (3) | 1.50 | -3.23 | 0.0 | 2.29 | 0.0 | 0.0 | 60.83 | 3.61 | 0.0 | 39.76 | 0.0 | 0.0 | 69.12 | 0.99 | 0.0 | 31.47 | 4.76 | 0.0 |
| 19Q2 (2) | 1.55 | 6.16 | 0.0 | 2.29 | 1.33 | 0.0 | 58.71 | -5.64 | 0.0 | 39.76 | -1.41 | 0.0 | 68.44 | -8.92 | 0.0 | 30.04 | 9.6 | 0.0 |
| 19Q1 (1) | 1.46 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 62.22 | 0.0 | 0.0 | 40.33 | 0.0 | 0.0 | 75.14 | 0.0 | 0.0 | 27.41 | 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) | 7.13 | -4.3 | 9.09 | -15.6 | 51.19 | 4.47 | 40.17 | 18.5 | 67.79 | 2.62 | 23.57 | 40.05 |
| 2022 (9) | 7.45 | 11.19 | 10.77 | -6.1 | 49.00 | -10.06 | 33.90 | 6.5 | 66.06 | 0.02 | 16.83 | -16.93 |
| 2021 (8) | 6.70 | 0.75 | 11.47 | 16.92 | 54.48 | -0.69 | 31.83 | -14.48 | 66.05 | -1.14 | 20.26 | -19.83 |
| 2020 (7) | 6.65 | 6.4 | 9.81 | 5.26 | 54.86 | -6.0 | 37.22 | -4.93 | 66.81 | -7.13 | 25.27 | -1.17 |
| 2019 (6) | 6.25 | -5.16 | 9.32 | -5.76 | 58.36 | 5.42 | 39.15 | 6.13 | 71.94 | 8.7 | 25.57 | -1.96 |
| 2018 (5) | 6.59 | -3.8 | 9.89 | 20.61 | 55.36 | 3.85 | 36.89 | -17.08 | 66.18 | -5.67 | 26.08 | -5.68 |
| 2017 (4) | 6.85 | -5.91 | 8.20 | -9.19 | 53.31 | 6.39 | 44.49 | 10.1 | 70.16 | 2.33 | 27.65 | 25.91 |
| 2016 (3) | 7.28 | 9.8 | 9.03 | -9.06 | 50.11 | -8.94 | 40.41 | 9.9 | 68.56 | -6.29 | 21.96 | 17.75 |
| 2015 (2) | 6.63 | -11.95 | 9.93 | -6.76 | 55.03 | 13.49 | 36.77 | 7.26 | 73.16 | 9.82 | 18.65 | 15.48 |
| 2014 (1) | 7.53 | 9.45 | 10.65 | 10.13 | 48.49 | -8.58 | 34.28 | -9.22 | 66.62 | -6.21 | 16.15 | -18.35 |
