- 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) | 1.10 | -16.03 | -17.91 | 3.27 | -10.9 | 22.47 | 82.97 | 19.67 | 22.46 | 27.84 | 12.26 | -18.41 | 79.71 | 6.03 | 22.07 | 31.10 | 64.2 | -14.96 |
| 23Q3 (19) | 1.31 | -19.14 | -7.09 | 3.67 | -4.68 | 79.02 | 69.33 | 23.28 | 7.39 | 24.80 | 4.82 | -44.03 | 75.18 | 5.53 | -5.18 | 18.94 | 118.71 | -35.97 |
| 23Q2 (18) | 1.62 | 20.9 | 22.73 | 3.85 | 14.58 | 76.61 | 56.24 | -17.22 | -18.65 | 23.66 | -12.73 | -43.27 | 71.24 | 3.52 | -23.71 | 8.66 | -66.98 | -50.43 |
| 23Q1 (17) | 1.34 | 0.0 | -8.84 | 3.36 | 25.84 | 10.89 | 67.94 | 0.28 | 9.79 | 27.11 | -20.55 | -9.69 | 68.82 | 5.39 | -9.42 | 26.23 | -28.27 | 64.76 |
| 22Q4 (16) | 1.34 | -4.96 | -9.46 | 2.67 | 30.24 | -9.18 | 67.75 | 4.94 | 10.11 | 34.12 | -23.0 | 10.17 | 65.30 | -17.64 | -9.47 | 36.57 | 23.63 | 79.44 |
| 22Q3 (15) | 1.41 | 6.82 | -12.42 | 2.05 | -5.96 | -31.21 | 64.56 | -6.61 | 14.41 | 44.31 | 6.23 | 44.9 | 79.29 | -15.09 | 17.5 | 29.58 | 69.32 | 51.46 |
| 22Q2 (14) | 1.32 | -10.2 | -14.84 | 2.18 | -28.05 | -24.83 | 69.13 | 11.72 | 17.95 | 41.71 | 38.94 | 32.88 | 93.38 | 22.9 | 35.02 | 17.47 | 9.74 | -16.17 |
| 22Q1 (13) | 1.47 | -0.68 | 2.8 | 3.03 | 3.06 | 0.33 | 61.88 | 0.57 | -2.64 | 30.02 | -3.07 | -0.37 | 75.98 | 5.34 | 14.1 | 15.92 | -21.88 | -41.25 |
| 21Q4 (12) | 1.48 | -8.07 | 7.25 | 2.94 | -1.34 | 3.89 | 61.53 | 9.04 | -6.77 | 30.97 | 1.28 | -3.79 | 72.13 | 6.89 | 13.72 | 20.38 | 4.35 | -41.35 |
| 21Q3 (11) | 1.61 | 3.87 | 31.97 | 2.98 | 2.76 | 23.14 | 56.43 | -3.72 | -24.59 | 30.58 | -2.58 | -18.65 | 67.48 | -2.43 | -0.07 | 19.53 | -6.29 | -56.49 |
| 21Q2 (10) | 1.55 | 8.39 | 33.62 | 2.90 | -3.97 | 26.64 | 58.61 | -7.79 | -25.48 | 31.39 | 4.18 | -20.93 | 69.16 | 3.86 | 3.18 | 20.84 | -23.1 | -59.39 |
| 21Q1 (9) | 1.43 | 3.62 | 52.13 | 3.02 | 6.71 | 55.67 | 63.56 | -3.7 | -34.51 | 30.13 | -6.4 | -35.87 | 66.59 | 4.98 | -18.46 | 27.10 | -22.01 | -56.55 |
| 20Q4 (8) | 1.38 | 13.11 | 55.06 | 2.83 | 16.94 | 28.64 | 66.00 | -11.8 | -35.65 | 32.19 | -14.37 | -22.19 | 63.43 | -6.07 | -25.3 | 34.75 | -22.59 | -41.14 |
| 20Q3 (7) | 1.22 | 5.17 | 14.02 | 2.42 | 5.68 | -8.33 | 74.83 | -4.86 | -12.29 | 37.59 | -5.31 | 8.86 | 67.53 | 0.75 | -2.67 | 44.89 | -12.53 | -11.06 |
| 20Q2 (6) | 1.16 | 23.4 | 17.17 | 2.29 | 18.04 | -3.78 | 78.65 | -18.97 | -14.41 | 39.70 | -15.5 | 3.93 | 67.03 | -17.93 | -11.93 | 51.32 | -17.72 | -4.93 |
| 20Q1 (5) | 0.94 | 5.62 | 2.17 | 1.94 | -11.82 | -25.1 | 97.06 | -5.37 | -2.4 | 46.98 | 13.56 | 33.81 | 81.67 | -3.82 | 2.66 | 62.37 | 5.64 | 13.4 |
| 19Q4 (4) | 0.89 | -16.82 | 0.0 | 2.20 | -16.67 | 0.0 | 102.57 | 20.22 | 0.0 | 41.37 | 19.81 | 0.0 | 84.91 | 22.38 | 0.0 | 59.04 | 16.98 | 0.0 |
| 19Q3 (3) | 1.07 | 8.08 | 0.0 | 2.64 | 10.92 | 0.0 | 85.32 | -7.15 | 0.0 | 34.53 | -9.61 | 0.0 | 69.38 | -8.84 | 0.0 | 50.47 | -6.5 | 0.0 |
| 19Q2 (2) | 0.99 | 7.61 | 0.0 | 2.38 | -8.11 | 0.0 | 91.89 | -7.6 | 0.0 | 38.20 | 8.8 | 0.0 | 76.11 | -4.32 | 0.0 | 53.98 | -1.85 | 0.0 |
| 19Q1 (1) | 0.92 | 0.0 | 0.0 | 2.59 | 0.0 | 0.0 | 99.45 | 0.0 | 0.0 | 35.11 | 0.0 | 0.0 | 79.55 | 0.0 | 0.0 | 55.00 | 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) | 5.49 | 14.85 | 14.69 | 35.64 | 66.49 | -12.99 | 24.84 | -26.27 | 63.29 | -20.18 | 28.04 | -9.02 |
| 2022 (9) | 4.78 | -17.59 | 10.83 | -13.36 | 76.42 | 21.34 | 33.69 | 15.38 | 79.29 | 17.57 | 30.82 | 24.58 |
| 2021 (8) | 5.80 | 30.63 | 12.50 | 23.52 | 62.98 | -23.31 | 29.20 | -19.07 | 67.44 | -9.8 | 24.74 | -43.05 |
| 2020 (7) | 4.44 | 13.55 | 10.12 | 2.95 | 82.12 | -12.06 | 36.08 | -2.83 | 74.77 | -8.65 | 43.44 | -10.73 |
| 2019 (6) | 3.91 | -7.57 | 9.83 | -19.62 | 93.38 | 8.2 | 37.13 | 24.35 | 81.85 | 8.28 | 48.66 | 19.97 |
| 2018 (5) | 4.23 | -7.03 | 12.23 | -15.19 | 86.30 | 7.5 | 29.86 | 17.98 | 75.59 | -2.59 | 40.56 | 44.91 |
| 2017 (4) | 4.55 | 9.64 | 14.42 | 3.52 | 80.28 | -8.76 | 25.31 | -3.4 | 77.60 | -8.31 | 27.99 | -5.31 |
| 2016 (3) | 4.15 | 11.86 | 13.93 | -13.8 | 87.99 | -10.59 | 26.20 | 16.03 | 84.63 | 0.27 | 29.56 | -19.21 |
| 2015 (2) | 3.71 | -9.51 | 16.16 | -21.86 | 98.41 | 10.47 | 22.58 | 27.93 | 84.40 | 2.09 | 36.59 | 52.08 |
| 2014 (1) | 4.10 | -31.78 | 20.68 | -21.13 | 89.08 | 46.59 | 17.65 | 26.8 | 82.67 | 23.74 | 24.06 | 205.33 |
