- 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) | 1.85 | -14.35 | -7.04 | 6.47 | 0.31 | 54.05 | 49.25 | 17.15 | 7.58 | 14.07 | -0.21 | -35.13 | 40.17 | 31.45 | 6.35 | 23.15 | -9.5 | -22.05 |
| 23Q3 (19) | 2.16 | 18.03 | 2.37 | 6.45 | 37.82 | 31.9 | 42.04 | -15.5 | -2.44 | 14.10 | -27.43 | -24.27 | 30.56 | -18.25 | -2.68 | 25.58 | -19.53 | -15.61 |
| 23Q2 (18) | 1.83 | -5.18 | 5.78 | 4.68 | 1.74 | 2.63 | 49.75 | 5.63 | -5.38 | 19.43 | -1.77 | -2.75 | 37.38 | -4.13 | 11.65 | 31.79 | 13.98 | -18.63 |
| 23Q1 (17) | 1.93 | -3.02 | 4.89 | 4.60 | 9.52 | -6.69 | 47.10 | 2.88 | -4.98 | 19.78 | -8.81 | 7.27 | 38.99 | 3.23 | 21.39 | 27.89 | -6.09 | -22.29 |
| 22Q4 (16) | 1.99 | -5.69 | 13.71 | 4.20 | -14.11 | -3.0 | 45.78 | 6.24 | -12.03 | 21.69 | 16.49 | 3.14 | 37.77 | 20.29 | -2.33 | 29.70 | -2.01 | -13.66 |
| 22Q3 (15) | 2.11 | 21.97 | 29.45 | 4.89 | 7.24 | 2.3 | 43.09 | -18.05 | -23.0 | 18.62 | -6.81 | -2.15 | 31.40 | -6.21 | -8.43 | 30.31 | -22.42 | -25.53 |
| 22Q2 (14) | 1.73 | -5.98 | 17.69 | 4.56 | -7.51 | 2.01 | 52.58 | 6.07 | -15.25 | 19.98 | 8.35 | -1.87 | 33.48 | 4.23 | 16.29 | 39.07 | 8.86 | -27.12 |
| 22Q1 (13) | 1.84 | 5.14 | 8.24 | 4.93 | 13.86 | -8.02 | 49.57 | -4.75 | -7.31 | 18.44 | -12.32 | 8.6 | 32.12 | -16.94 | 30.84 | 35.89 | 4.33 | -21.84 |
| 21Q4 (12) | 1.75 | 7.36 | -12.06 | 4.33 | -9.41 | -34.39 | 52.04 | -7.01 | 13.97 | 21.03 | 10.51 | 52.39 | 38.67 | 12.77 | 58.22 | 34.40 | -15.48 | -1.77 |
| 21Q3 (11) | 1.63 | 10.88 | -18.91 | 4.78 | 6.94 | -13.56 | 55.96 | -9.8 | 23.5 | 19.03 | -6.53 | 15.61 | 34.29 | 19.1 | 32.91 | 40.70 | -24.08 | 13.15 |
| 21Q2 (10) | 1.47 | -13.53 | -7.55 | 4.47 | -16.6 | 11.75 | 62.04 | 16.01 | 8.27 | 20.36 | 19.91 | -10.51 | 28.79 | 17.27 | -9.12 | 53.61 | 16.75 | 10.83 |
| 21Q1 (9) | 1.70 | -14.57 | 16.44 | 5.36 | -18.79 | 42.18 | 53.48 | 17.13 | -14.49 | 16.98 | 23.04 | -29.66 | 24.55 | 0.45 | -29.76 | 45.92 | 31.13 | -11.21 |
| 20Q4 (8) | 1.99 | -1.0 | -7.44 | 6.60 | 19.35 | 37.21 | 45.66 | 0.77 | 8.02 | 13.80 | -16.16 | -27.1 | 24.44 | -5.27 | -5.6 | 35.02 | -2.64 | -0.82 |
| 20Q3 (7) | 2.01 | 26.42 | -8.22 | 5.53 | 38.25 | 19.7 | 45.31 | -20.92 | 9.26 | 16.46 | -27.65 | -16.36 | 25.80 | -18.56 | 6.7 | 35.97 | -25.64 | -2.7 |
| 20Q2 (6) | 1.59 | 8.9 | -1.24 | 4.00 | 6.1 | 14.29 | 57.30 | -8.38 | 1.49 | 22.75 | -5.76 | -12.43 | 31.68 | -9.36 | 0.38 | 48.37 | -6.48 | -4.93 |
| 20Q1 (5) | 1.46 | -32.09 | -1.35 | 3.77 | -21.62 | 11.54 | 62.54 | 47.95 | 1.66 | 24.14 | 27.52 | -10.43 | 34.95 | 34.99 | 10.32 | 51.72 | 46.47 | -8.93 |
| 19Q4 (4) | 2.15 | -1.83 | 0.0 | 4.81 | 4.11 | 0.0 | 42.27 | 1.93 | 0.0 | 18.93 | -3.81 | 0.0 | 25.89 | 7.07 | 0.0 | 35.31 | -4.49 | 0.0 |
| 19Q3 (3) | 2.19 | 36.02 | 0.0 | 4.62 | 32.0 | 0.0 | 41.47 | -26.55 | 0.0 | 19.68 | -24.25 | 0.0 | 24.18 | -23.38 | 0.0 | 36.97 | -27.34 | 0.0 |
| 19Q2 (2) | 1.61 | 8.78 | 0.0 | 3.50 | 3.55 | 0.0 | 56.46 | -8.22 | 0.0 | 25.98 | -3.6 | 0.0 | 31.56 | -0.38 | 0.0 | 50.88 | -10.41 | 0.0 |
| 19Q1 (1) | 1.48 | 0.0 | 0.0 | 3.38 | 0.0 | 0.0 | 61.52 | 0.0 | 0.0 | 26.95 | 0.0 | 0.0 | 31.68 | 0.0 | 0.0 | 56.79 | 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) | 8.03 | -7.59 | 22.20 | 8.29 | 45.46 | 8.21 | 16.44 | -7.64 | 38.85 | 14.1 | 23.06 | -10.48 |
| 2022 (9) | 8.69 | 27.61 | 20.50 | -2.43 | 42.01 | -21.59 | 17.80 | 2.42 | 34.05 | 1.64 | 25.76 | -31.23 |
| 2021 (8) | 6.81 | 8.79 | 21.01 | 7.08 | 53.58 | -8.03 | 17.38 | -6.56 | 33.50 | 2.79 | 37.46 | -15.4 |
| 2020 (7) | 6.26 | -10.19 | 19.62 | 6.0 | 58.26 | 11.25 | 18.60 | -5.63 | 32.59 | 19.03 | 44.28 | -0.94 |
| 2019 (6) | 6.97 | -0.57 | 18.51 | 0.6 | 52.37 | 0.65 | 19.71 | -0.66 | 27.38 | -2.18 | 44.70 | 1.85 |
| 2018 (5) | 7.01 | 41.33 | 18.40 | 76.58 | 52.03 | -29.23 | 19.84 | -43.38 | 27.99 | -44.34 | 43.89 | -24.68 |
| 2017 (4) | 4.96 | -15.65 | 10.42 | 0.77 | 73.52 | 18.35 | 35.04 | -0.76 | 50.29 | 12.73 | 58.27 | 10.32 |
| 2016 (3) | 5.88 | 33.64 | 10.34 | 36.77 | 62.12 | -25.17 | 35.31 | -26.88 | 44.61 | -31.36 | 52.82 | -20.34 |
| 2015 (2) | 4.40 | 2.56 | 7.56 | -19.75 | 83.01 | -2.35 | 48.29 | 24.68 | 64.99 | -3.29 | 66.31 | 17.28 |
| 2014 (1) | 4.29 | 13.79 | 9.42 | 9.66 | 85.01 | -12.27 | 38.73 | -8.83 | 67.20 | -4.73 | 56.54 | -17.87 |
