- 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) | 1.74 | 10.83 | 14.47 | 1.66 | 31.75 | 15.28 | 52.32 | -9.45 | -12.52 | 54.95 | -24.2 | -13.0 | 58.67 | -15.63 | -7.49 | 48.60 | -19.97 | -18.4 |
| 23Q3 (19) | 1.57 | -8.72 | 4.67 | 1.26 | -8.03 | -5.97 | 57.78 | 9.02 | -4.65 | 72.49 | 8.99 | 6.98 | 69.54 | 3.59 | 7.96 | 60.73 | 15.94 | -5.05 |
| 23Q2 (18) | 1.72 | 16.22 | 19.44 | 1.37 | -1.44 | 0.0 | 53.00 | -13.75 | -16.14 | 66.51 | 1.46 | -0.11 | 67.13 | -4.4 | -2.82 | 52.38 | -7.75 | -13.71 |
| 23Q1 (17) | 1.48 | -2.63 | -5.13 | 1.39 | -3.47 | -18.71 | 61.45 | 2.74 | 5.55 | 65.55 | 3.78 | 22.91 | 70.22 | 10.72 | 7.91 | 56.78 | -4.67 | 22.16 |
| 22Q4 (16) | 1.52 | 1.33 | 0.0 | 1.44 | 7.46 | -17.24 | 59.81 | -1.3 | -0.02 | 63.16 | -6.79 | 20.58 | 63.42 | -1.54 | -5.16 | 59.56 | -6.88 | 31.39 |
| 22Q3 (15) | 1.50 | 4.17 | -5.66 | 1.34 | -2.19 | -25.56 | 60.60 | -4.11 | 5.96 | 67.76 | 1.77 | 34.15 | 64.41 | -6.76 | 5.3 | 63.96 | 5.37 | 37.46 |
| 22Q2 (14) | 1.44 | -7.69 | -4.64 | 1.37 | -19.88 | -11.61 | 63.20 | 8.55 | 5.14 | 66.58 | 24.85 | 13.44 | 69.08 | 6.16 | 2.68 | 60.70 | 30.59 | 17.82 |
| 22Q1 (13) | 1.56 | 2.63 | -13.81 | 1.71 | -1.72 | -7.57 | 58.22 | -2.67 | 15.77 | 53.33 | 1.81 | 8.28 | 65.07 | -2.69 | 18.5 | 46.48 | 2.54 | 4.15 |
| 21Q4 (12) | 1.52 | -4.4 | -8.98 | 1.74 | -3.33 | 15.23 | 59.82 | 4.6 | 10.06 | 52.38 | 3.7 | -12.92 | 66.87 | 9.32 | 6.82 | 45.33 | -2.58 | -12.66 |
| 21Q3 (11) | 1.59 | 5.3 | 12.77 | 1.80 | 16.13 | 39.53 | 57.19 | -4.86 | -11.18 | 50.51 | -13.94 | -28.35 | 61.17 | -9.08 | -18.35 | 46.53 | -9.69 | -22.41 |
| 21Q2 (10) | 1.51 | -16.57 | -6.21 | 1.55 | -16.22 | 7.64 | 60.11 | 19.53 | 6.16 | 58.69 | 19.17 | -7.02 | 67.28 | 22.53 | -10.77 | 51.52 | 15.44 | 16.19 |
| 21Q1 (9) | 1.81 | 8.38 | 13.12 | 1.85 | 22.52 | 25.0 | 50.29 | -7.47 | -11.74 | 49.25 | -18.12 | -19.87 | 54.91 | -12.28 | -26.91 | 44.63 | -14.01 | 3.07 |
| 20Q4 (8) | 1.67 | 18.44 | 15.17 | 1.51 | 17.05 | -2.58 | 54.35 | -15.59 | -13.43 | 60.15 | -14.68 | 2.21 | 62.60 | -16.44 | -8.53 | 51.90 | -13.46 | -2.43 |
| 20Q3 (7) | 1.41 | -12.42 | 6.82 | 1.29 | -10.42 | -11.03 | 64.39 | 13.72 | -6.49 | 70.50 | 11.69 | 12.01 | 74.92 | -0.64 | 18.32 | 59.97 | 35.25 | -12.44 |
| 20Q2 (6) | 1.61 | 0.63 | 13.38 | 1.44 | -2.7 | 7.46 | 56.62 | -0.63 | -11.77 | 63.12 | 2.7 | -7.26 | 75.40 | 0.36 | 12.79 | 44.34 | 2.4 | -32.17 |
| 20Q1 (5) | 1.60 | 10.34 | 18.52 | 1.48 | -4.52 | 12.98 | 56.98 | -9.24 | -15.18 | 61.46 | 4.44 | -11.29 | 75.13 | 9.77 | 2.3 | 43.30 | -18.59 | -31.29 |
| 19Q4 (4) | 1.45 | 9.85 | 0.0 | 1.55 | 6.9 | 0.0 | 62.78 | -8.83 | 0.0 | 58.85 | -6.5 | 0.0 | 68.44 | 8.09 | 0.0 | 53.19 | -22.34 | 0.0 |
| 19Q3 (3) | 1.32 | -7.04 | 0.0 | 1.45 | 8.21 | 0.0 | 68.86 | 7.31 | 0.0 | 62.94 | -7.52 | 0.0 | 63.32 | -5.28 | 0.0 | 68.49 | 4.77 | 0.0 |
| 19Q2 (2) | 1.42 | 5.19 | 0.0 | 1.34 | 2.29 | 0.0 | 64.17 | -4.48 | 0.0 | 68.06 | -1.76 | 0.0 | 66.85 | -8.97 | 0.0 | 65.37 | 3.73 | 0.0 |
| 19Q1 (1) | 1.35 | 0.0 | 0.0 | 1.31 | 0.0 | 0.0 | 67.18 | 0.0 | 0.0 | 69.28 | 0.0 | 0.0 | 73.44 | 0.0 | 0.0 | 63.02 | 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) | 5.58 | -5.58 | 5.82 | -9.2 | 65.45 | 6.04 | 62.68 | 10.1 | 71.50 | 5.96 | 56.63 | 10.67 |
| 2022 (9) | 5.91 | -13.47 | 6.41 | -10.1 | 61.72 | 15.43 | 56.93 | 11.19 | 67.48 | 5.97 | 51.17 | 24.84 |
| 2021 (8) | 6.83 | 8.93 | 7.13 | 23.57 | 53.47 | -8.13 | 51.20 | -19.03 | 63.68 | -15.98 | 40.99 | -10.19 |
| 2020 (7) | 6.27 | 6.27 | 5.77 | 4.15 | 58.20 | -5.96 | 63.23 | -4.05 | 75.79 | -2.41 | 45.64 | -8.94 |
| 2019 (6) | 5.90 | 5.55 | 5.54 | 11.02 | 61.89 | -5.25 | 65.90 | -9.91 | 77.66 | -2.08 | 50.12 | -15.28 |
| 2018 (5) | 5.59 | 10.26 | 4.99 | 7.78 | 65.32 | -9.24 | 73.15 | -7.25 | 79.31 | -11.43 | 59.16 | -3.49 |
| 2017 (4) | 5.07 | 7.87 | 4.63 | -14.26 | 71.97 | -7.3 | 78.87 | 16.74 | 89.54 | 0.7 | 61.30 | 8.92 |
| 2016 (3) | 4.70 | -3.69 | 5.40 | -11.62 | 77.64 | 3.8 | 67.56 | 13.01 | 88.92 | 1.61 | 56.28 | 19.57 |
| 2015 (2) | 4.88 | 0.0 | 6.11 | -0.97 | 74.80 | 0.05 | 59.78 | 1.03 | 87.51 | -0.75 | 47.07 | 2.89 |
| 2014 (1) | 4.88 | -2.98 | 6.17 | 2.32 | 74.76 | 3.09 | 59.17 | -2.31 | 88.17 | 4.15 | 45.75 | -5.53 |
