- 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) | 1.36 | 15.25 | 51.11 | 0.90 | 25.0 | 47.54 | 66.89 | -12.93 | -33.49 | 101.61 | -20.03 | -32.13 | 57.73 | -7.2 | -13.11 | 110.78 | -21.8 | -39.74 |
| 23Q3 (19) | 1.18 | -18.62 | 14.56 | 0.72 | -6.49 | -4.0 | 76.82 | 22.77 | -13.01 | 127.06 | 7.4 | 4.41 | 62.21 | 46.86 | 5.26 | 141.67 | 2.29 | -6.12 |
| 23Q2 (18) | 1.45 | 23.93 | 11.54 | 0.77 | 28.33 | -8.33 | 62.57 | -19.63 | -10.92 | 118.30 | -21.64 | 8.84 | 42.36 | -18.14 | -22.83 | 138.50 | -21.78 | 11.66 |
| 23Q1 (17) | 1.17 | 30.0 | -7.14 | 0.60 | -1.64 | -18.92 | 77.85 | -22.59 | 8.2 | 150.97 | 0.84 | 22.54 | 51.75 | -22.11 | -20.9 | 177.06 | -3.69 | 36.48 |
| 22Q4 (16) | 0.90 | -12.62 | -38.78 | 0.61 | -18.67 | -20.78 | 100.57 | 13.88 | 62.24 | 149.71 | 23.03 | 26.34 | 66.44 | 12.42 | 3.39 | 183.84 | 21.83 | 58.17 |
| 22Q3 (15) | 1.03 | -20.77 | -36.81 | 0.75 | -10.71 | 7.14 | 88.31 | 25.73 | 58.38 | 121.69 | 11.96 | -6.26 | 59.10 | 7.67 | -20.89 | 150.90 | 21.65 | 36.09 |
| 22Q2 (14) | 1.30 | 3.17 | -32.64 | 0.84 | 13.51 | 9.09 | 70.24 | -2.38 | 48.85 | 108.69 | -11.78 | -7.69 | 54.89 | -16.1 | -19.81 | 124.04 | -4.39 | 28.55 |
| 22Q1 (13) | 1.26 | -14.29 | -24.55 | 0.74 | -3.9 | -9.76 | 71.95 | 16.07 | 31.7 | 123.20 | 3.97 | 10.67 | 65.42 | 1.81 | 22.49 | 129.73 | 11.61 | 15.27 |
| 21Q4 (12) | 1.47 | -9.82 | -13.53 | 0.77 | 10.0 | -17.2 | 61.99 | 11.17 | 15.98 | 118.50 | -8.72 | 21.74 | 64.26 | -13.99 | 54.96 | 116.23 | 4.83 | 6.32 |
| 21Q3 (11) | 1.63 | -15.54 | -11.41 | 0.70 | -9.09 | -24.73 | 55.76 | 18.16 | 12.99 | 129.82 | 10.25 | 33.2 | 74.71 | 9.15 | 97.33 | 110.88 | 14.91 | 1.77 |
| 21Q2 (10) | 1.93 | 15.57 | 64.96 | 0.77 | -6.1 | 10.0 | 47.19 | -13.62 | -39.39 | 117.75 | 5.78 | -9.65 | 68.45 | 28.16 | 10.28 | 96.49 | -14.26 | -33.96 |
| 21Q1 (9) | 1.67 | -1.76 | 20.14 | 0.82 | -11.83 | -16.33 | 54.63 | 2.21 | -16.38 | 111.32 | 14.36 | 19.31 | 53.41 | 28.79 | -2.34 | 112.54 | 2.95 | 8.27 |
| 20Q4 (8) | 1.70 | -7.61 | 15.65 | 0.93 | 0.0 | -13.89 | 53.45 | 8.31 | -13.53 | 97.34 | -0.12 | 15.35 | 41.47 | 9.54 | -20.1 | 109.32 | 0.34 | 15.93 |
| 20Q3 (7) | 1.84 | 57.26 | 41.54 | 0.93 | 32.86 | -10.58 | 49.35 | -36.62 | -29.59 | 97.46 | -25.22 | 11.46 | 37.86 | -39.0 | -38.77 | 108.95 | -25.43 | 13.85 |
| 20Q2 (6) | 1.17 | -15.83 | -15.83 | 0.70 | -28.57 | -35.19 | 77.86 | 19.18 | 18.8 | 130.33 | 39.69 | 55.25 | 62.07 | 13.49 | -4.51 | 146.11 | 40.57 | 72.93 |
| 20Q1 (5) | 1.39 | -5.44 | -13.66 | 0.98 | -9.26 | -12.5 | 65.33 | 5.69 | 15.49 | 93.30 | 10.56 | 14.82 | 54.69 | 5.38 | -10.14 | 103.94 | 10.22 | 35.06 |
| 19Q4 (4) | 1.47 | 13.08 | 0.0 | 1.08 | 3.85 | 0.0 | 61.81 | -11.81 | 0.0 | 84.39 | -3.49 | 0.0 | 51.90 | -16.06 | 0.0 | 94.30 | -1.46 | 0.0 |
| 19Q3 (3) | 1.30 | -6.47 | 0.0 | 1.04 | -3.7 | 0.0 | 70.09 | 6.94 | 0.0 | 87.44 | 4.16 | 0.0 | 61.83 | -4.88 | 0.0 | 95.70 | 13.27 | 0.0 |
| 19Q2 (2) | 1.39 | -13.66 | 0.0 | 1.08 | -3.57 | 0.0 | 65.54 | 15.86 | 0.0 | 83.95 | 3.31 | 0.0 | 65.00 | 6.8 | 0.0 | 84.49 | 9.78 | 0.0 |
| 19Q1 (1) | 1.61 | 0.0 | 0.0 | 1.12 | 0.0 | 0.0 | 56.57 | 0.0 | 0.0 | 81.26 | 0.0 | 0.0 | 60.86 | 0.0 | 0.0 | 76.96 | 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) | 4.42 | -21.49 | 2.90 | -4.61 | 82.54 | 27.4 | 126.07 | 4.93 | 58.62 | 2.04 | 149.98 | 17.63 |
| 2022 (9) | 5.63 | -2.93 | 3.04 | -9.25 | 64.79 | 2.87 | 120.15 | 10.16 | 57.45 | 6.37 | 127.50 | 8.01 |
| 2021 (8) | 5.80 | -5.84 | 3.35 | -20.8 | 62.98 | 6.28 | 109.07 | 26.31 | 54.01 | 29.77 | 118.04 | 13.51 |
| 2020 (7) | 6.16 | -3.45 | 4.23 | -6.62 | 59.26 | 3.66 | 86.35 | 7.15 | 41.62 | -17.7 | 103.99 | 19.27 |
| 2019 (6) | 6.38 | 7.05 | 4.53 | -18.82 | 57.17 | -6.58 | 80.59 | 23.25 | 50.57 | -3.69 | 87.19 | 17.68 |
| 2018 (5) | 5.96 | 14.18 | 5.58 | 0.54 | 61.20 | -12.55 | 65.39 | -0.53 | 52.51 | -11.12 | 74.09 | -3.33 |
| 2017 (4) | 5.22 | 1.95 | 5.55 | 10.34 | 69.98 | -1.89 | 65.74 | -9.46 | 59.08 | -5.98 | 76.64 | -5.51 |
| 2016 (3) | 5.12 | 3.85 | 5.03 | -16.03 | 71.33 | -3.75 | 72.61 | 19.17 | 62.84 | 18.77 | 81.11 | -1.23 |
| 2015 (2) | 4.93 | -6.27 | 5.99 | -16.69 | 74.11 | 6.77 | 60.93 | 20.08 | 52.91 | 15.95 | 82.12 | 10.2 |
| 2014 (1) | 5.26 | -4.71 | 7.19 | 6.68 | 69.41 | 4.91 | 50.74 | -6.3 | 45.63 | -19.27 | 74.52 | 16.82 |
