- 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) | 13.44 | -9.49 | 0.45 | 2.52 | -15.44 | -1.95 | 6.77 | 10.44 | -0.44 | 36.04 | 17.97 | 1.89 | 69.72 | 7.28 | -0.84 | -26.91 | 4.98 | 4.4 |
| 23Q3 (19) | 14.85 | -4.81 | 8.95 | 2.98 | 12.03 | -6.58 | 6.13 | 5.15 | -8.23 | 30.55 | -10.83 | 7.27 | 64.99 | 0.51 | 2.82 | -28.32 | -15.26 | -0.96 |
| 23Q2 (18) | 15.60 | 11.11 | 16.5 | 2.66 | 16.16 | -7.64 | 5.83 | -10.03 | -14.26 | 34.26 | -13.88 | 8.28 | 64.66 | -6.52 | 2.98 | -24.57 | -7.2 | -0.9 |
| 23Q1 (17) | 14.04 | 4.93 | 5.33 | 2.29 | -10.89 | -3.78 | 6.48 | -4.71 | -5.12 | 39.78 | 12.47 | 4.05 | 69.17 | -1.62 | 2.5 | -22.92 | 18.58 | -2.23 |
| 22Q4 (16) | 13.38 | -1.83 | -5.84 | 2.57 | -19.44 | 4.47 | 6.80 | 1.8 | 6.25 | 35.37 | 24.19 | -4.2 | 70.31 | 11.23 | 3.69 | -28.15 | -0.36 | -14.94 |
| 22Q3 (15) | 13.63 | 1.79 | -8.65 | 3.19 | 10.76 | 11.54 | 6.68 | -1.76 | 9.51 | 28.48 | -9.99 | -10.44 | 63.21 | 0.67 | -2.26 | -28.05 | -15.2 | -4.74 |
| 22Q2 (14) | 13.39 | 0.45 | -13.0 | 2.88 | 21.01 | -0.35 | 6.80 | -0.44 | 15.06 | 31.64 | -17.24 | 0.51 | 62.79 | -6.95 | -2.3 | -24.35 | -8.61 | 9.38 |
| 22Q1 (13) | 13.33 | -6.19 | -14.5 | 2.38 | -3.25 | -11.19 | 6.83 | 6.72 | 16.95 | 38.23 | 3.55 | 12.41 | 67.48 | -0.49 | 2.98 | -22.42 | 8.45 | 12.73 |
| 21Q4 (12) | 14.21 | -4.76 | -6.94 | 2.46 | -13.99 | -11.19 | 6.40 | 4.92 | 7.38 | 36.92 | 16.1 | 12.6 | 67.81 | 4.86 | 1.28 | -24.49 | 8.55 | 13.16 |
| 21Q3 (11) | 14.92 | -3.05 | -1.71 | 2.86 | -1.04 | -11.46 | 6.10 | 3.21 | 1.67 | 31.80 | 1.02 | 12.77 | 64.67 | 0.62 | 2.91 | -26.78 | 0.33 | 6.49 |
| 21Q2 (10) | 15.39 | -1.28 | 0.79 | 2.89 | 7.84 | 0.35 | 5.91 | 1.2 | -0.84 | 31.48 | -7.44 | -0.19 | 64.27 | -1.92 | 3.08 | -26.87 | -4.59 | -8.13 |
| 21Q1 (9) | 15.59 | 2.1 | -0.38 | 2.68 | -3.25 | 10.29 | 5.84 | -2.01 | 0.34 | 34.01 | 3.72 | -9.26 | 65.53 | -2.12 | 1.28 | -25.69 | 8.9 | -19.99 |
| 20Q4 (8) | 15.27 | 0.59 | 11.05 | 2.77 | -14.24 | 4.14 | 5.96 | -0.67 | -9.97 | 32.79 | 16.28 | -4.18 | 66.95 | 6.54 | -1.6 | -28.20 | 1.54 | -3.68 |
| 20Q3 (7) | 15.18 | -0.59 | 15.61 | 3.23 | 12.15 | -1.52 | 6.00 | 0.67 | -13.42 | 28.20 | -10.59 | 1.51 | 62.84 | 0.79 | -0.73 | -28.64 | -15.25 | -0.17 |
| 20Q2 (6) | 15.27 | -2.43 | 11.87 | 2.88 | 18.52 | 2.86 | 5.96 | 2.41 | -10.64 | 31.54 | -15.85 | -2.89 | 62.35 | -3.63 | 3.69 | -24.85 | -16.07 | -18.45 |
| 20Q1 (5) | 15.65 | 13.82 | 12.43 | 2.43 | -8.65 | -8.65 | 5.82 | -12.08 | -11.01 | 37.48 | 9.53 | 9.69 | 64.70 | -4.91 | 3.8 | -21.41 | 21.29 | 1.02 |
| 19Q4 (4) | 13.75 | 4.72 | 0.0 | 2.66 | -18.9 | 0.0 | 6.62 | -4.47 | 0.0 | 34.22 | 23.18 | 0.0 | 68.04 | 7.49 | 0.0 | -27.20 | 4.86 | 0.0 |
| 19Q3 (3) | 13.13 | -3.81 | 0.0 | 3.28 | 17.14 | 0.0 | 6.93 | 3.9 | 0.0 | 27.78 | -14.47 | 0.0 | 63.30 | 5.27 | 0.0 | -28.59 | -36.27 | 0.0 |
| 19Q2 (2) | 13.65 | -1.94 | 0.0 | 2.80 | 5.26 | 0.0 | 6.67 | 1.99 | 0.0 | 32.48 | -4.95 | 0.0 | 60.13 | -3.53 | 0.0 | -20.98 | 3.01 | 0.0 |
| 19Q1 (1) | 13.92 | 0.0 | 0.0 | 2.66 | 0.0 | 0.0 | 6.54 | 0.0 | 0.0 | 34.17 | 0.0 | 0.0 | 62.33 | 0.0 | 0.0 | -21.63 | 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) | 53.86 | 1.22 | 9.03 | 1.69 | 6.78 | -1.17 | 40.44 | -1.56 | 70.84 | -0.21 | -23.62 | 0 |
| 2022 (9) | 53.21 | -5.13 | 8.88 | -3.06 | 6.86 | 5.38 | 41.08 | 3.06 | 70.99 | 1.2 | -23.05 | 0 |
| 2021 (8) | 56.09 | -13.63 | 9.16 | -6.91 | 6.51 | 15.84 | 39.86 | 7.44 | 70.15 | 8.24 | -23.78 | 0 |
| 2020 (7) | 64.94 | 4.59 | 9.84 | -2.77 | 5.62 | -4.42 | 37.10 | 2.86 | 64.81 | -1.16 | -22.09 | 0 |
| 2019 (6) | 62.09 | -10.27 | 10.12 | -6.56 | 5.88 | 11.57 | 36.07 | 7.0 | 65.57 | 1.34 | -23.61 | 0 |
| 2018 (5) | 69.20 | -14.38 | 10.83 | 3.74 | 5.27 | 16.59 | 33.71 | -3.58 | 64.70 | -5.4 | -25.71 | 0 |
| 2017 (4) | 80.82 | -1.63 | 10.44 | 0.38 | 4.52 | 1.8 | 34.96 | -0.34 | 68.39 | -0.16 | -28.91 | 0 |
| 2016 (3) | 82.16 | 43.14 | 10.40 | -0.67 | 4.44 | -30.19 | 35.08 | 0.66 | 68.50 | 8.01 | -28.97 | 0 |
| 2015 (2) | 57.40 | 28.7 | 10.47 | -14.11 | 6.36 | -22.25 | 34.85 | 16.36 | 63.42 | 9.44 | -22.22 | 0 |
| 2014 (1) | 44.60 | 4.65 | 12.19 | -5.65 | 8.18 | -4.44 | 29.95 | 5.98 | 57.95 | -2.06 | -19.82 | 0 |
