- 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) | 0.87 | 2.35 | 7.41 | 2.36 | 7.76 | 41.32 | 105.18 | -2.29 | -6.55 | 38.59 | -7.08 | -29.22 | 23.67 | -8.04 | -31.19 | 120.10 | -2.7 | -9.47 |
| 23Q3 (19) | 0.85 | 7.59 | -12.37 | 2.19 | 12.89 | 26.59 | 107.64 | -6.53 | 14.51 | 41.53 | -11.37 | -20.85 | 25.74 | -12.72 | -26.94 | 123.43 | -6.86 | 10.97 |
| 23Q2 (18) | 0.79 | -3.66 | -5.95 | 1.94 | 14.79 | 32.88 | 115.16 | 3.99 | 6.85 | 46.86 | -13.05 | -24.57 | 29.49 | -10.23 | -23.62 | 132.52 | 0.56 | 0.94 |
| 23Q1 (17) | 0.82 | 1.23 | 3.8 | 1.69 | 1.2 | 18.18 | 110.74 | -1.61 | -4.37 | 53.89 | -1.16 | -15.37 | 32.85 | -4.51 | -18.75 | 131.78 | -0.67 | -5.23 |
| 22Q4 (16) | 0.81 | -16.49 | -7.95 | 1.67 | -3.47 | 15.97 | 112.55 | 19.73 | 9.43 | 54.52 | 3.91 | -13.6 | 34.40 | -2.36 | -26.65 | 132.67 | 19.28 | 11.44 |
| 22Q3 (15) | 0.97 | 15.48 | -1.02 | 1.73 | 18.49 | 13.82 | 94.00 | -12.79 | 1.3 | 52.47 | -15.53 | -12.61 | 35.23 | -8.75 | -29.13 | 111.23 | -15.28 | 7.86 |
| 22Q2 (14) | 0.84 | 6.33 | -15.15 | 1.46 | 2.1 | -2.01 | 107.78 | -6.93 | 16.7 | 62.12 | -2.45 | 1.42 | 38.61 | -4.5 | -35.82 | 131.29 | -5.58 | 40.49 |
| 22Q1 (13) | 0.79 | -10.23 | -7.06 | 1.43 | -0.69 | -22.7 | 115.80 | 12.59 | 7.79 | 63.68 | 0.92 | 29.27 | 40.43 | -13.8 | -27.38 | 139.05 | 16.8 | 37.65 |
| 21Q4 (12) | 0.88 | -10.2 | -9.28 | 1.44 | -5.26 | -23.81 | 102.85 | 10.84 | 9.71 | 63.10 | 5.1 | 31.35 | 46.90 | -5.65 | -8.38 | 119.05 | 15.45 | 31.4 |
| 21Q3 (11) | 0.98 | -1.01 | 4.26 | 1.52 | 2.01 | -26.92 | 92.79 | 0.47 | -4.44 | 60.04 | -1.98 | 37.49 | 49.71 | -17.37 | -1.25 | 103.12 | 10.35 | 14.03 |
| 21Q2 (10) | 0.99 | 16.47 | 11.24 | 1.49 | -19.46 | -31.65 | 92.36 | -14.03 | -9.73 | 61.25 | 24.34 | 46.6 | 60.16 | 8.07 | 11.1 | 93.45 | -7.49 | 3.9 |
| 21Q1 (9) | 0.85 | -12.37 | -1.16 | 1.85 | -2.12 | -6.57 | 107.43 | 14.59 | 1.41 | 49.26 | 2.54 | 7.3 | 55.67 | 8.75 | -8.53 | 101.02 | 11.5 | 11.02 |
| 20Q4 (8) | 0.97 | 3.19 | -11.82 | 1.89 | -9.13 | -18.53 | 93.75 | -3.45 | 13.31 | 48.04 | 10.01 | 22.3 | 51.19 | 1.69 | 7.32 | 90.60 | 0.19 | 21.89 |
| 20Q3 (7) | 0.94 | 5.62 | 3.3 | 2.08 | -4.59 | 2.46 | 97.10 | -5.09 | -2.81 | 43.67 | 4.52 | -2.67 | 50.34 | -7.04 | -2.44 | 90.43 | 0.54 | -2.96 |
| 20Q2 (6) | 0.89 | 3.49 | -7.29 | 2.18 | 10.1 | -4.39 | 102.31 | -3.43 | 8.39 | 41.78 | -9.0 | 4.58 | 54.15 | -11.03 | 13.55 | 89.94 | -1.15 | 3.8 |
| 20Q1 (5) | 0.86 | -21.82 | -12.24 | 1.98 | -14.66 | -11.61 | 105.94 | 28.04 | 14.65 | 45.91 | 16.88 | 13.19 | 60.86 | 27.59 | 42.5 | 90.99 | 22.41 | 0.82 |
| 19Q4 (4) | 1.10 | 20.88 | 0.0 | 2.32 | 14.29 | 0.0 | 82.74 | -17.19 | 0.0 | 39.28 | -12.46 | 0.0 | 47.70 | -7.56 | 0.0 | 74.33 | -20.24 | 0.0 |
| 19Q3 (3) | 0.91 | -5.21 | 0.0 | 2.03 | -10.96 | 0.0 | 99.91 | 5.85 | 0.0 | 44.87 | 12.32 | 0.0 | 51.60 | 8.2 | 0.0 | 93.19 | 7.55 | 0.0 |
| 19Q2 (2) | 0.96 | -2.04 | 0.0 | 2.28 | 1.79 | 0.0 | 94.39 | 2.15 | 0.0 | 39.95 | -1.5 | 0.0 | 47.69 | 11.66 | 0.0 | 86.65 | -3.99 | 0.0 |
| 19Q1 (1) | 0.98 | 0.0 | 0.0 | 2.24 | 0.0 | 0.0 | 92.40 | 0.0 | 0.0 | 40.56 | 0.0 | 0.0 | 42.71 | 0.0 | 0.0 | 90.25 | 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) | 3.16 | -0.63 | 8.14 | 26.4 | 115.68 | 0.67 | 44.84 | -20.93 | 27.24 | -27.11 | 133.28 | -0.73 |
| 2022 (9) | 3.18 | -4.22 | 6.44 | -4.02 | 114.91 | 4.57 | 56.71 | 4.19 | 37.37 | -21.28 | 134.26 | 14.9 |
| 2021 (8) | 3.32 | 5.4 | 6.71 | -8.08 | 109.89 | -5.27 | 54.43 | 8.79 | 47.47 | -23.85 | 116.85 | 12.69 |
| 2020 (7) | 3.15 | -22.03 | 7.30 | -13.51 | 116.00 | 28.33 | 50.03 | 15.76 | 62.34 | 21.95 | 103.69 | 25.68 |
| 2019 (6) | 4.04 | 1.0 | 8.44 | -5.27 | 90.39 | -1.03 | 43.22 | 5.52 | 51.12 | 20.71 | 82.50 | -8.28 |
| 2018 (5) | 4.00 | -4.76 | 8.91 | -5.21 | 91.33 | 5.16 | 40.96 | 5.43 | 42.35 | -7.95 | 89.95 | 12.87 |
| 2017 (4) | 4.20 | 12.0 | 9.40 | -0.84 | 86.85 | -10.71 | 38.85 | 0.88 | 46.01 | -11.77 | 79.69 | -4.71 |
| 2016 (3) | 3.75 | -1.83 | 9.48 | -5.58 | 97.27 | 1.77 | 38.51 | 5.97 | 52.15 | -18.27 | 83.63 | 22.79 |
| 2015 (2) | 3.82 | -0.52 | 10.04 | -18.17 | 95.58 | 0.46 | 36.34 | 22.19 | 63.81 | -4.53 | 68.11 | 17.35 |
| 2014 (1) | 3.84 | -2.54 | 12.27 | -9.04 | 95.14 | 2.78 | 29.74 | 9.9 | 66.84 | 8.93 | 58.04 | -0.39 |
