- 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) | 0.96 | -6.8 | 0.0 | 1.11 | -4.31 | 12.12 | 94.40 | 7.19 | -0.15 | 81.65 | 4.44 | -10.85 | 45.89 | -2.09 | 11.84 | 130.15 | 9.02 | -10.3 |
| 23Q3 (19) | 1.03 | -5.5 | 18.39 | 1.16 | 7.41 | 24.73 | 88.07 | 5.11 | -16.01 | 78.18 | -7.52 | -20.35 | 46.87 | -6.99 | -9.62 | 119.38 | 1.23 | -21.02 |
| 23Q2 (18) | 1.09 | 3.81 | 5.83 | 1.08 | 2.86 | -0.92 | 83.79 | -3.73 | -5.0 | 84.54 | -2.42 | 1.27 | 50.39 | 12.25 | -6.27 | 117.93 | -8.43 | 0.02 |
| 23Q1 (17) | 1.05 | 9.38 | -6.25 | 1.05 | 6.06 | -9.48 | 87.04 | -7.93 | 7.44 | 86.64 | -5.4 | 10.33 | 44.89 | 9.41 | -14.95 | 128.79 | -11.24 | 20.64 |
| 22Q4 (16) | 0.96 | 10.34 | -10.28 | 0.99 | 6.45 | -17.5 | 94.54 | -9.84 | 10.94 | 91.59 | -6.69 | 20.56 | 41.03 | -20.88 | -34.91 | 145.10 | -4.01 | 47.83 |
| 22Q3 (15) | 0.87 | -15.53 | -24.35 | 0.93 | -14.68 | -35.42 | 104.86 | 18.89 | 32.07 | 98.16 | 17.59 | 55.64 | 51.86 | -3.53 | -24.83 | 151.16 | 28.2 | 105.72 |
| 22Q2 (14) | 1.03 | -8.04 | -20.77 | 1.09 | -6.03 | -32.3 | 88.20 | 8.88 | 26.34 | 83.48 | 6.3 | 47.23 | 53.76 | 1.86 | -17.66 | 117.91 | 10.44 | 92.6 |
| 22Q1 (13) | 1.12 | 4.67 | -17.04 | 1.16 | -3.33 | -28.83 | 81.01 | -4.94 | 19.98 | 78.53 | 3.37 | 40.99 | 52.78 | -16.28 | -16.42 | 106.76 | 8.77 | 77.76 |
| 21Q4 (12) | 1.07 | -6.96 | -16.41 | 1.20 | -16.67 | -27.71 | 85.22 | 7.33 | 20.05 | 75.97 | 20.45 | 38.51 | 63.04 | -8.62 | -2.13 | 98.15 | 33.57 | 59.75 |
| 21Q3 (11) | 1.15 | -11.54 | -19.01 | 1.44 | -10.56 | -18.18 | 79.40 | 13.74 | 23.54 | 63.07 | 11.23 | 21.71 | 68.99 | 5.67 | 18.4 | 73.48 | 20.03 | 27.08 |
| 21Q2 (10) | 1.30 | -3.7 | -10.96 | 1.61 | -1.23 | -8.0 | 69.81 | 3.39 | 11.98 | 56.70 | 1.8 | 8.91 | 65.29 | 3.39 | 17.01 | 61.22 | 1.93 | 4.47 |
| 21Q1 (9) | 1.35 | 5.47 | 5.47 | 1.63 | -1.81 | -4.68 | 67.52 | -4.89 | -4.69 | 55.70 | 1.55 | 4.52 | 63.15 | -1.96 | 18.68 | 60.06 | -2.25 | -15.31 |
| 20Q4 (8) | 1.28 | -9.86 | 9.4 | 1.66 | -5.68 | -1.19 | 70.99 | 10.46 | -8.4 | 54.85 | 5.85 | 1.27 | 64.41 | 10.54 | 42.44 | 61.44 | 6.26 | -28.92 |
| 20Q3 (7) | 1.42 | -2.74 | 19.33 | 1.76 | 0.57 | 15.03 | 64.27 | 3.1 | -16.22 | 51.82 | -0.46 | -12.79 | 58.27 | 4.43 | 48.5 | 57.82 | -1.33 | -40.32 |
| 20Q2 (6) | 1.46 | 14.06 | 17.74 | 1.75 | 2.34 | 25.9 | 62.34 | -12.0 | -15.3 | 52.06 | -2.31 | -20.39 | 55.80 | 4.87 | 4.26 | 58.60 | -17.37 | -31.44 |
| 20Q1 (5) | 1.28 | 9.4 | 5.79 | 1.71 | 1.79 | 26.67 | 70.84 | -8.59 | -5.63 | 53.29 | -1.61 | -20.71 | 53.21 | 17.67 | -27.7 | 70.92 | -17.95 | 3.28 |
| 19Q4 (4) | 1.17 | -1.68 | 0.0 | 1.68 | 9.8 | 0.0 | 77.50 | 1.03 | 0.0 | 54.16 | -8.85 | 0.0 | 45.22 | 15.24 | 0.0 | 86.44 | -10.79 | 0.0 |
| 19Q3 (3) | 1.19 | -4.03 | 0.0 | 1.53 | 10.07 | 0.0 | 76.71 | 4.23 | 0.0 | 59.42 | -9.13 | 0.0 | 39.24 | -26.68 | 0.0 | 96.89 | 13.36 | 0.0 |
| 19Q2 (2) | 1.24 | 2.48 | 0.0 | 1.39 | 2.96 | 0.0 | 73.60 | -1.96 | 0.0 | 65.39 | -2.71 | 0.0 | 53.52 | -27.28 | 0.0 | 85.47 | 24.46 | 0.0 |
| 19Q1 (1) | 1.21 | 0.0 | 0.0 | 1.35 | 0.0 | 0.0 | 75.07 | 0.0 | 0.0 | 67.21 | 0.0 | 0.0 | 73.60 | 0.0 | 0.0 | 68.67 | 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) | 4.31 | 1.89 | 4.64 | 8.92 | 84.72 | -1.76 | 78.69 | -8.23 | 39.69 | -20.29 | 123.72 | 1.24 |
| 2022 (9) | 4.23 | -23.37 | 4.26 | -29.7 | 86.24 | 30.47 | 85.75 | 42.42 | 49.79 | -7.97 | 122.20 | 69.25 |
| 2021 (8) | 5.52 | -0.72 | 6.06 | -14.77 | 66.10 | 0.78 | 60.21 | 17.35 | 54.10 | -2.77 | 72.20 | 17.86 |
| 2020 (7) | 5.56 | 27.52 | 7.11 | 29.27 | 65.59 | -21.67 | 51.31 | -22.75 | 55.64 | -23.09 | 61.26 | -21.29 |
| 2019 (6) | 4.36 | -27.09 | 5.50 | -8.18 | 83.74 | 37.28 | 66.42 | 9.06 | 72.34 | 10.71 | 77.83 | 37.58 |
| 2018 (5) | 5.98 | 35.6 | 5.99 | 2.04 | 61.00 | -26.38 | 60.90 | -2.06 | 65.34 | 14.85 | 56.57 | -35.83 |
| 2017 (4) | 4.41 | 8.09 | 5.87 | 6.15 | 82.86 | -7.27 | 62.18 | -5.84 | 56.89 | 3.93 | 88.15 | -12.43 |
| 2016 (3) | 4.08 | 9.68 | 5.53 | 15.93 | 89.36 | -8.97 | 66.04 | -13.63 | 54.74 | -0.38 | 100.66 | -15.89 |
| 2015 (2) | 3.72 | -12.06 | 4.77 | -4.22 | 98.17 | 13.69 | 76.46 | 4.28 | 54.95 | 18.55 | 119.68 | 5.61 |
| 2014 (1) | 4.23 | 6.28 | 4.98 | 15.55 | 86.35 | -5.76 | 73.32 | -13.52 | 46.35 | -7.06 | 113.32 | -10.45 |
