- 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) | 1.38 | -2.13 | 17.95 | 0.84 | 9.09 | 100.0 | 65.99 | 2.03 | -14.96 | 108.95 | -8.06 | -49.37 | 50.28 | -2.86 | -29.8 | 124.65 | -5.14 | -43.64 |
| 23Q3 (19) | 1.41 | -9.03 | 29.36 | 0.77 | 20.31 | 24.19 | 64.68 | 10.13 | -22.56 | 118.50 | -17.28 | -19.41 | 51.76 | 0.6 | -31.1 | 131.41 | -12.7 | -15.46 |
| 23Q2 (18) | 1.55 | 6.16 | 11.51 | 0.64 | 28.0 | -41.82 | 58.73 | -5.67 | -10.35 | 143.25 | -21.11 | 72.42 | 51.45 | 2.65 | -9.42 | 150.53 | -22.3 | 63.99 |
| 23Q1 (17) | 1.46 | 24.79 | 6.57 | 0.50 | 19.05 | -60.94 | 62.26 | -19.77 | -6.25 | 181.58 | -15.61 | 155.89 | 50.12 | -30.02 | -15.57 | 193.72 | -12.41 | 148.33 |
| 22Q4 (16) | 1.17 | 7.34 | -7.14 | 0.42 | -32.26 | -73.58 | 77.60 | -7.09 | 7.03 | 215.18 | 46.34 | 275.79 | 71.62 | -4.66 | 21.1 | 221.16 | 42.28 | 213.17 |
| 22Q3 (15) | 1.09 | -21.58 | -17.42 | 0.62 | -43.64 | -68.04 | 83.52 | 27.49 | 21.47 | 147.04 | 76.99 | 213.12 | 75.12 | 32.25 | 43.28 | 155.44 | 69.34 | 145.64 |
| 22Q2 (14) | 1.39 | 1.46 | 6.92 | 1.10 | -14.06 | -37.5 | 65.51 | -1.36 | -6.24 | 83.08 | 17.08 | 60.26 | 56.80 | -4.31 | 5.69 | 91.79 | 17.66 | 35.04 |
| 22Q1 (13) | 1.37 | 8.73 | 3.79 | 1.28 | -19.5 | -17.95 | 66.41 | -8.4 | -3.63 | 70.96 | 23.93 | 21.59 | 59.36 | 0.37 | 16.94 | 78.01 | 10.46 | 1.97 |
| 21Q4 (12) | 1.26 | -4.55 | -6.67 | 1.59 | -18.04 | 22.31 | 72.50 | 5.44 | 7.3 | 57.26 | 21.93 | -18.04 | 59.14 | 12.8 | 13.34 | 70.62 | 11.6 | -17.15 |
| 21Q3 (11) | 1.32 | 1.54 | -2.94 | 1.94 | 10.23 | 61.67 | 68.76 | -1.59 | 2.95 | 46.96 | -9.41 | -38.2 | 52.43 | -2.44 | 3.7 | 63.28 | -6.9 | -31.38 |
| 21Q2 (10) | 1.30 | -1.52 | 0.78 | 1.76 | 12.82 | 81.44 | 69.87 | 1.39 | -1.33 | 51.84 | -11.17 | -44.5 | 53.74 | 5.87 | 0.45 | 67.97 | -11.15 | -38.61 |
| 21Q1 (9) | 1.32 | -2.22 | 14.78 | 1.56 | 20.0 | 92.59 | 68.91 | 1.98 | -13.04 | 58.36 | -16.46 | -47.99 | 50.76 | -2.72 | -18.52 | 76.50 | -10.25 | -40.77 |
| 20Q4 (8) | 1.35 | -0.74 | 9.76 | 1.30 | 8.33 | 51.16 | 67.57 | 1.17 | -8.6 | 69.86 | -8.07 | -33.67 | 52.18 | 3.2 | -11.71 | 85.24 | -7.57 | -29.06 |
| 20Q3 (7) | 1.36 | 5.43 | 13.33 | 1.20 | 23.71 | 51.9 | 66.79 | -5.68 | -11.89 | 75.99 | -18.64 | -33.65 | 50.56 | -5.5 | -18.92 | 92.22 | -16.7 | -27.94 |
| 20Q2 (6) | 1.29 | 12.17 | 12.17 | 0.97 | 19.75 | 32.88 | 70.81 | -10.64 | -10.4 | 93.40 | -16.76 | -25.25 | 53.50 | -14.13 | -23.83 | 110.71 | -14.28 | -17.21 |
| 20Q1 (5) | 1.15 | -6.5 | -3.36 | 0.81 | -5.81 | -7.95 | 79.24 | 7.18 | 3.28 | 112.21 | 6.54 | 8.64 | 62.30 | 5.41 | -12.98 | 129.16 | 7.49 | 19.13 |
| 19Q4 (4) | 1.23 | 2.5 | 0.0 | 0.86 | 8.86 | 0.0 | 73.93 | -2.47 | 0.0 | 105.32 | -8.04 | 0.0 | 59.10 | -5.23 | 0.0 | 120.16 | -6.1 | 0.0 |
| 19Q3 (3) | 1.20 | 4.35 | 0.0 | 0.79 | 8.22 | 0.0 | 75.80 | -4.09 | 0.0 | 114.53 | -8.34 | 0.0 | 62.36 | -11.22 | 0.0 | 127.97 | -4.31 | 0.0 |
| 19Q2 (2) | 1.15 | -3.36 | 0.0 | 0.73 | -17.05 | 0.0 | 79.03 | 3.01 | 0.0 | 124.95 | 20.97 | 0.0 | 70.24 | -1.89 | 0.0 | 133.73 | 23.34 | 0.0 |
| 19Q1 (1) | 1.19 | 0.0 | 0.0 | 0.88 | 0.0 | 0.0 | 76.72 | 0.0 | 0.0 | 103.29 | 0.0 | 0.0 | 71.59 | 0.0 | 0.0 | 108.42 | 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) | 6.17 | 3.52 | 2.70 | -14.83 | 59.12 | -3.4 | 135.35 | 17.65 | 45.37 | -16.72 | 149.10 | 22.45 |
| 2022 (9) | 5.96 | 10.37 | 3.17 | -43.69 | 61.20 | -9.53 | 115.04 | 77.56 | 54.48 | -1.5 | 121.76 | 57.86 |
| 2021 (8) | 5.40 | 8.43 | 5.63 | 32.16 | 67.65 | -7.77 | 64.79 | -24.42 | 55.31 | 0.55 | 77.13 | -25.88 |
| 2020 (7) | 4.98 | 14.22 | 4.26 | 26.04 | 73.35 | -12.42 | 85.72 | -20.68 | 55.01 | -23.16 | 104.06 | -13.46 |
| 2019 (6) | 4.36 | -11.92 | 3.38 | -27.16 | 83.75 | 13.5 | 108.07 | 37.39 | 71.59 | 2.48 | 120.24 | 45.6 |
| 2018 (5) | 4.95 | 3.34 | 4.64 | -10.77 | 73.79 | -3.2 | 78.66 | 12.0 | 69.86 | -7.65 | 82.58 | 16.62 |
| 2017 (4) | 4.79 | -3.82 | 5.20 | 2.16 | 76.23 | 4.01 | 70.23 | -2.13 | 75.65 | 8.51 | 70.81 | -6.0 |
| 2016 (3) | 4.98 | 8.03 | 5.09 | 25.68 | 73.29 | -7.42 | 71.76 | -20.28 | 69.72 | 9.64 | 75.33 | -28.66 |
| 2015 (2) | 4.61 | -6.68 | 4.05 | -9.19 | 79.16 | 7.09 | 90.02 | 9.93 | 63.59 | 17.78 | 105.59 | 3.7 |
| 2014 (1) | 4.94 | 11.26 | 4.46 | 11.5 | 73.92 | -10.09 | 81.89 | -10.35 | 53.99 | -11.81 | 101.82 | -9.36 |
