- 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 | -11.11 | 8.64 | 4.13 | 7.83 | 79.57 | 103.81 | 12.95 | -7.58 | 22.06 | -7.19 | -44.26 | 66.70 | 10.32 | 8.79 | 59.17 | 7.15 | -34.68 |
| 23Q3 (19) | 0.99 | 6.45 | 45.59 | 3.83 | 27.67 | 60.92 | 91.91 | -6.42 | -31.52 | 23.77 | -21.63 | -37.9 | 60.46 | -5.31 | -13.27 | 55.22 | -14.65 | -46.27 |
| 23Q2 (18) | 0.93 | 10.71 | 14.81 | 3.00 | 17.65 | -18.92 | 98.22 | -9.05 | -12.38 | 30.33 | -14.97 | 23.44 | 63.85 | 1.46 | 13.61 | 64.70 | -19.86 | -19.6 |
| 23Q1 (17) | 0.84 | 3.7 | -5.62 | 2.55 | 10.87 | -41.91 | 107.99 | -3.86 | 5.61 | 35.67 | -9.88 | 72.24 | 62.93 | 2.64 | 24.76 | 80.73 | -10.88 | 11.32 |
| 22Q4 (16) | 0.81 | 19.12 | -5.81 | 2.30 | -3.36 | -39.63 | 112.32 | -16.32 | 5.62 | 39.58 | 3.4 | 65.61 | 61.31 | -12.05 | 12.64 | 90.59 | -11.86 | 19.51 |
| 22Q3 (15) | 0.68 | -16.05 | -19.05 | 2.38 | -35.68 | -35.15 | 134.22 | 19.73 | 24.39 | 38.28 | 55.8 | 54.23 | 69.71 | 24.04 | 19.1 | 102.78 | 27.72 | 38.54 |
| 22Q2 (14) | 0.81 | -8.99 | -8.99 | 3.70 | -15.72 | -6.8 | 112.10 | 9.63 | 9.96 | 24.57 | 18.64 | 7.2 | 56.20 | 11.42 | 3.21 | 80.47 | 10.96 | 14.26 |
| 22Q1 (13) | 0.89 | 3.49 | -1.11 | 4.39 | 15.22 | 20.94 | 102.25 | -3.85 | 0.71 | 20.71 | -13.35 | -17.36 | 50.44 | -7.33 | -8.21 | 72.52 | -4.33 | 1.23 |
| 21Q4 (12) | 0.86 | 2.38 | -5.49 | 3.81 | 3.81 | -0.78 | 106.34 | -1.45 | 6.67 | 23.90 | -3.71 | 0.97 | 54.43 | -7.0 | 2.27 | 75.80 | 2.17 | 8.05 |
| 21Q3 (11) | 0.84 | -5.62 | -12.5 | 3.67 | -7.56 | -11.57 | 107.90 | 5.84 | 14.08 | 24.82 | 8.29 | 13.18 | 58.53 | 7.49 | 14.85 | 74.19 | 5.34 | 13.18 |
| 21Q2 (10) | 0.89 | -1.11 | -13.59 | 3.97 | 9.37 | 4.47 | 101.95 | 0.41 | 15.93 | 22.92 | -8.54 | -4.34 | 54.45 | -0.91 | 20.46 | 70.43 | -1.69 | 5.59 |
| 21Q1 (9) | 0.90 | -1.1 | 32.35 | 3.63 | -5.47 | 41.25 | 101.53 | 1.85 | -23.82 | 25.06 | 5.87 | -29.19 | 54.95 | 3.25 | -13.56 | 71.64 | 2.12 | -31.84 |
| 20Q4 (8) | 0.91 | -5.21 | 26.39 | 3.84 | -7.47 | 24.27 | 99.69 | 5.4 | -21.03 | 23.67 | 7.93 | -19.74 | 53.22 | 4.43 | -5.84 | 70.15 | 7.02 | -29.29 |
| 20Q3 (7) | 0.96 | -6.8 | 24.68 | 4.15 | 9.21 | 55.43 | 94.58 | 7.55 | -19.82 | 21.93 | -8.47 | -35.59 | 50.96 | 12.74 | -16.68 | 65.55 | -1.72 | -27.85 |
| 20Q2 (6) | 1.03 | 51.47 | 25.61 | 3.80 | 47.86 | 51.39 | 87.94 | -34.02 | -20.6 | 23.96 | -32.3 | -33.87 | 45.20 | -28.9 | -14.39 | 66.70 | -36.54 | -29.18 |
| 20Q1 (5) | 0.68 | -5.56 | 9.68 | 2.57 | -16.83 | 33.85 | 133.28 | 5.58 | -8.61 | 35.39 | 20.01 | -25.18 | 63.57 | 12.47 | -6.16 | 105.10 | 5.94 | -16.18 |
| 19Q4 (4) | 0.72 | -6.49 | 0.0 | 3.09 | 15.73 | 0.0 | 126.24 | 7.02 | 0.0 | 29.49 | -13.39 | 0.0 | 56.52 | -7.59 | 0.0 | 99.21 | 9.2 | 0.0 |
| 19Q3 (3) | 0.77 | -6.1 | 0.0 | 2.67 | 6.37 | 0.0 | 117.96 | 6.51 | 0.0 | 34.05 | -6.02 | 0.0 | 61.16 | 15.83 | 0.0 | 90.85 | -3.54 | 0.0 |
| 19Q2 (2) | 0.82 | 32.26 | 0.0 | 2.51 | 30.73 | 0.0 | 110.75 | -24.06 | 0.0 | 36.23 | -23.4 | 0.0 | 52.80 | -22.05 | 0.0 | 94.18 | -24.89 | 0.0 |
| 19Q1 (1) | 0.62 | 0.0 | 0.0 | 1.92 | 0.0 | 0.0 | 145.84 | 0.0 | 0.0 | 47.30 | 0.0 | 0.0 | 67.74 | 0.0 | 0.0 | 125.39 | 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) | 3.86 | 7.82 | 13.69 | 2.09 | 94.57 | -7.35 | 26.65 | -2.06 | 56.68 | 6.96 | 64.54 | -15.4 |
| 2022 (9) | 3.58 | -2.19 | 13.41 | -19.27 | 102.07 | 2.24 | 27.21 | 23.85 | 52.99 | 6.75 | 76.29 | 5.71 |
| 2021 (8) | 3.66 | 10.24 | 16.61 | 19.24 | 99.83 | -9.25 | 21.97 | -16.15 | 49.64 | -10.48 | 72.17 | -10.63 |
| 2020 (7) | 3.32 | 11.41 | 13.93 | 45.1 | 110.00 | -10.2 | 26.20 | -31.11 | 55.45 | -18.18 | 80.75 | -12.94 |
| 2019 (6) | 2.98 | -0.67 | 9.60 | 4.23 | 122.50 | 0.67 | 38.03 | -4.09 | 67.77 | -2.88 | 92.75 | 1.31 |
| 2018 (5) | 3.00 | -7.69 | 9.21 | -30.39 | 121.68 | 8.23 | 39.65 | 43.71 | 69.78 | 34.27 | 91.55 | 3.98 |
| 2017 (4) | 3.25 | 16.91 | 13.23 | 26.36 | 112.43 | -14.38 | 27.59 | -20.83 | 51.97 | -10.69 | 88.05 | -18.45 |
| 2016 (3) | 2.78 | -18.71 | 10.47 | 0.67 | 131.31 | 23.17 | 34.85 | -0.68 | 58.19 | 0.61 | 107.97 | 28.73 |
| 2015 (2) | 3.42 | 5.23 | 10.40 | -8.21 | 106.61 | -5.08 | 35.09 | 8.94 | 57.84 | -13.37 | 83.87 | 7.86 |
| 2014 (1) | 3.25 | -27.46 | 11.33 | -58.83 | 112.32 | 37.97 | 32.21 | 142.91 | 66.77 | 118.56 | 77.76 | 21.27 |
