- 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) | 1.61 | -3.59 | 8.05 | 2.05 | -0.49 | -16.33 | 56.63 | 3.74 | -7.07 | 44.47 | 0.47 | 19.87 | 41.57 | 5.64 | -2.33 | 59.53 | 0.05 | 7.3 |
| 23Q3 (19) | 1.67 | 12.08 | 1.83 | 2.06 | 7.85 | -10.43 | 54.59 | -10.82 | -1.87 | 44.26 | -7.25 | 11.74 | 39.35 | -1.21 | 9.21 | 59.50 | -13.91 | 0.49 |
| 23Q2 (18) | 1.49 | 9.56 | -20.32 | 1.91 | -7.73 | -12.79 | 61.21 | -8.29 | 25.74 | 47.72 | 8.73 | 14.71 | 39.83 | -15.44 | 23.97 | 69.11 | 8.78 | 18.85 |
| 23Q1 (17) | 1.36 | -8.72 | -32.34 | 2.07 | -15.51 | -9.61 | 66.74 | 9.52 | 47.49 | 43.89 | 18.3 | 10.55 | 47.10 | 10.67 | 37.44 | 63.53 | 14.51 | 25.36 |
| 22Q4 (16) | 1.49 | -9.15 | -31.34 | 2.45 | 6.52 | -20.97 | 60.94 | 9.55 | 45.55 | 37.10 | -6.34 | 26.53 | 42.56 | 18.12 | 42.1 | 55.48 | -6.3 | 34.56 |
| 22Q3 (15) | 1.64 | -12.3 | -22.27 | 2.30 | 5.02 | -41.03 | 55.63 | 14.28 | 29.04 | 39.61 | -4.78 | 69.56 | 36.03 | 12.14 | 36.22 | 59.21 | 1.82 | 47.95 |
| 22Q2 (14) | 1.87 | -6.97 | -9.66 | 2.19 | -4.37 | -29.35 | 48.68 | 7.58 | 10.69 | 41.60 | 4.79 | 41.69 | 32.13 | -6.24 | 12.93 | 58.15 | 14.74 | 29.54 |
| 22Q1 (13) | 2.01 | -7.37 | 9.24 | 2.29 | -26.13 | -8.4 | 45.25 | 8.07 | -8.7 | 39.70 | 35.4 | 9.25 | 34.27 | 14.42 | 2.18 | 50.68 | 22.92 | -3.23 |
| 21Q4 (12) | 2.17 | 2.84 | 26.16 | 3.10 | -20.51 | 20.62 | 41.87 | -2.88 | -20.87 | 29.32 | 25.51 | -17.29 | 29.95 | 13.23 | -15.16 | 41.23 | 3.02 | -22.3 |
| 21Q3 (11) | 2.11 | 1.93 | 20.57 | 3.90 | 25.81 | 48.85 | 43.11 | -1.98 | -17.16 | 23.36 | -20.44 | -32.85 | 26.45 | -7.03 | -14.18 | 40.02 | -10.85 | -28.55 |
| 21Q2 (10) | 2.07 | 12.5 | 26.99 | 3.10 | 24.0 | 24.5 | 43.98 | -11.26 | -20.98 | 29.36 | -19.21 | -19.83 | 28.45 | -15.18 | -10.28 | 44.89 | -14.28 | -25.89 |
| 21Q1 (9) | 1.84 | 6.98 | 2.79 | 2.50 | -2.72 | -1.57 | 49.56 | -6.33 | -2.42 | 36.34 | 2.51 | 1.54 | 33.54 | -4.99 | 0.63 | 52.37 | -1.3 | -1.63 |
| 20Q4 (8) | 1.72 | -1.71 | 20.28 | 2.57 | -1.91 | 15.25 | 52.91 | 1.67 | -17.07 | 35.45 | 1.9 | -13.3 | 35.30 | 14.54 | -21.1 | 53.06 | -5.27 | -11.49 |
| 20Q3 (7) | 1.75 | 7.36 | 13.64 | 2.62 | 5.22 | -6.76 | 52.04 | -6.5 | -11.9 | 34.79 | -5.0 | 7.41 | 30.82 | -2.81 | -26.07 | 56.01 | -7.53 | 12.52 |
| 20Q2 (6) | 1.63 | -8.94 | 3.82 | 2.49 | -1.97 | -6.39 | 55.66 | 9.59 | -3.84 | 36.62 | 2.32 | 6.89 | 31.71 | -4.86 | -21.65 | 60.57 | 13.77 | 17.22 |
| 20Q1 (5) | 1.79 | 25.17 | 22.6 | 2.54 | 13.9 | 11.4 | 50.79 | -20.39 | -18.64 | 35.79 | -12.47 | -10.19 | 33.33 | -25.5 | -25.22 | 53.24 | -11.19 | -7.76 |
| 19Q4 (4) | 1.43 | -7.14 | 0.0 | 2.23 | -20.64 | 0.0 | 63.80 | 8.01 | 0.0 | 40.89 | 26.24 | 0.0 | 44.74 | 7.32 | 0.0 | 59.95 | 20.43 | 0.0 |
| 19Q3 (3) | 1.54 | -1.91 | 0.0 | 2.81 | 5.64 | 0.0 | 59.07 | 2.06 | 0.0 | 32.39 | -5.46 | 0.0 | 41.69 | 3.01 | 0.0 | 49.78 | -3.66 | 0.0 |
| 19Q2 (2) | 1.57 | 7.53 | 0.0 | 2.66 | 16.67 | 0.0 | 57.88 | -7.29 | 0.0 | 34.26 | -14.03 | 0.0 | 40.47 | -9.2 | 0.0 | 51.67 | -10.48 | 0.0 |
| 19Q1 (1) | 1.46 | 0.0 | 0.0 | 2.28 | 0.0 | 0.0 | 62.43 | 0.0 | 0.0 | 39.85 | 0.0 | 0.0 | 44.57 | 0.0 | 0.0 | 57.72 | 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) | 5.81 | -18.17 | 8.46 | -14.11 | 62.79 | 22.21 | 43.14 | 16.37 | 44.33 | 9.32 | 61.60 | 28.57 |
| 2022 (9) | 7.10 | -10.69 | 9.85 | -4.46 | 51.38 | 11.89 | 37.07 | 4.69 | 40.55 | 15.63 | 47.91 | 3.57 |
| 2021 (8) | 7.95 | 8.76 | 10.31 | 2.08 | 45.92 | -8.07 | 35.41 | -2.02 | 35.07 | -0.45 | 46.26 | -9.04 |
| 2020 (7) | 7.31 | 17.34 | 10.10 | 13.74 | 49.95 | -14.69 | 36.14 | -12.11 | 35.23 | -18.11 | 50.86 | -10.22 |
| 2019 (6) | 6.23 | 0.16 | 8.88 | -7.98 | 58.55 | -0.27 | 41.12 | 8.7 | 43.02 | 1.53 | 56.65 | 4.58 |
| 2018 (5) | 6.22 | 9.12 | 9.65 | 3.32 | 58.71 | -8.31 | 37.83 | -3.22 | 42.37 | -9.56 | 54.17 | -3.75 |
| 2017 (4) | 5.70 | -1.89 | 9.34 | -18.57 | 64.03 | 1.89 | 39.09 | 22.85 | 46.85 | 21.81 | 56.28 | 0.16 |
| 2016 (3) | 5.81 | -0.68 | 11.47 | -12.44 | 62.84 | 0.72 | 31.82 | 14.21 | 38.46 | 24.87 | 56.19 | -5.48 |
| 2015 (2) | 5.85 | 2.09 | 13.10 | 1.08 | 62.39 | -2.09 | 27.86 | -1.07 | 30.80 | -0.26 | 59.45 | -2.54 |
| 2014 (1) | 5.73 | 1.42 | 12.96 | 8.09 | 63.72 | -1.36 | 28.16 | -7.46 | 30.88 | -11.47 | 61.00 | 1.41 |
