- 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) | 0.84 | -8.7 | -11.58 | 0.74 | -1.33 | 1.37 | 108.58 | 9.33 | 12.93 | 122.67 | 1.3 | -1.11 | 68.66 | 13.86 | -12.33 | 162.59 | 1.56 | 14.6 |
| 23Q3 (19) | 0.92 | -6.12 | -8.0 | 0.75 | 17.19 | -11.76 | 99.31 | 6.7 | 9.32 | 121.10 | -14.44 | 12.49 | 60.30 | -5.23 | -18.5 | 160.10 | -6.36 | 28.59 |
| 23Q2 (18) | 0.98 | 7.69 | -2.0 | 0.64 | 4.92 | -30.43 | 93.07 | -6.91 | 2.44 | 141.54 | -5.15 | 43.45 | 63.63 | -15.22 | -15.58 | 170.97 | -1.83 | 49.76 |
| 23Q1 (17) | 0.91 | -4.21 | -5.21 | 0.61 | -16.44 | -48.74 | 99.98 | 3.98 | 5.74 | 149.22 | 20.29 | 95.11 | 75.05 | -4.18 | 6.08 | 174.15 | 22.74 | 73.66 |
| 22Q4 (16) | 0.95 | -5.0 | 1.06 | 0.73 | -14.12 | -50.0 | 96.15 | 5.85 | -0.67 | 124.05 | 15.23 | 98.35 | 78.32 | 5.85 | 10.73 | 141.88 | 13.96 | 60.12 |
| 22Q3 (15) | 1.00 | 0.0 | 5.26 | 0.85 | -7.61 | -48.17 | 90.84 | -0.01 | -4.86 | 107.65 | 9.1 | 93.55 | 73.99 | -1.83 | 0.31 | 124.50 | 9.06 | 60.98 |
| 22Q2 (14) | 1.00 | 4.17 | 2.04 | 0.92 | -22.69 | -46.82 | 90.85 | -3.91 | -1.69 | 98.67 | 29.01 | 87.98 | 75.37 | 6.53 | 6.59 | 114.16 | 13.84 | 53.88 |
| 22Q1 (13) | 0.96 | 2.13 | -3.03 | 1.19 | -18.49 | -28.31 | 94.55 | -2.32 | 2.82 | 76.48 | 22.29 | 39.16 | 70.75 | 0.03 | 6.3 | 100.28 | 13.17 | 24.8 |
| 21Q4 (12) | 0.94 | -1.05 | 0.0 | 1.46 | -10.98 | -5.81 | 96.80 | 1.38 | 0.04 | 62.54 | 12.44 | 6.63 | 70.73 | -4.11 | 11.19 | 88.61 | 14.57 | -3.47 |
| 21Q3 (11) | 0.95 | -3.06 | -13.64 | 1.64 | -5.2 | -4.09 | 95.48 | 3.32 | 15.79 | 55.62 | 5.96 | 4.51 | 73.76 | 4.31 | 39.51 | 77.34 | 4.25 | -6.61 |
| 21Q2 (10) | 0.98 | -1.01 | 2.08 | 1.73 | 4.22 | 46.61 | 92.41 | 0.49 | -2.93 | 52.49 | -4.49 | -31.79 | 70.71 | 6.23 | 9.75 | 74.19 | -7.67 | -31.12 |
| 21Q1 (9) | 0.99 | 5.32 | 13.79 | 1.66 | 7.1 | 55.14 | 91.96 | -4.96 | -11.63 | 54.96 | -6.29 | -35.39 | 66.56 | 4.64 | 2.53 | 80.35 | -12.47 | -35.3 |
| 20Q4 (8) | 0.94 | -14.55 | 6.82 | 1.55 | -9.36 | 31.36 | 96.76 | 17.34 | -6.66 | 58.65 | 10.2 | -24.21 | 63.61 | 20.31 | 1.24 | 91.80 | 10.86 | -22.34 |
| 20Q3 (7) | 1.10 | 14.58 | 18.28 | 1.71 | 44.92 | 55.45 | 82.46 | -13.38 | -15.99 | 53.22 | -30.84 | -35.48 | 52.87 | -17.94 | -17.61 | 82.81 | -23.12 | -28.91 |
| 20Q2 (6) | 0.96 | 10.34 | 5.49 | 1.18 | 10.28 | 24.21 | 95.20 | -8.51 | -4.7 | 76.95 | -9.53 | -19.99 | 64.43 | -0.75 | -4.02 | 107.71 | -13.27 | -16.46 |
| 20Q1 (5) | 0.87 | -1.14 | 7.41 | 1.07 | -9.32 | 12.63 | 104.06 | 0.39 | -7.01 | 85.06 | 9.93 | -11.02 | 64.92 | 3.33 | 9.94 | 124.19 | 5.06 | -16.34 |
| 19Q4 (4) | 0.88 | -5.38 | 0.0 | 1.18 | 7.27 | 0.0 | 103.66 | 5.6 | 0.0 | 77.38 | -6.19 | 0.0 | 62.83 | -2.09 | 0.0 | 118.21 | 1.49 | 0.0 |
| 19Q3 (3) | 0.93 | 2.2 | 0.0 | 1.10 | 15.79 | 0.0 | 98.16 | -1.73 | 0.0 | 82.49 | -14.22 | 0.0 | 64.17 | -4.41 | 0.0 | 116.48 | -9.66 | 0.0 |
| 19Q2 (2) | 0.91 | 12.35 | 0.0 | 0.95 | 0.0 | 0.0 | 99.89 | -10.73 | 0.0 | 96.17 | 0.61 | 0.0 | 67.13 | 13.68 | 0.0 | 128.93 | -13.14 | 0.0 |
| 19Q1 (1) | 0.81 | 0.0 | 0.0 | 0.95 | 0.0 | 0.0 | 111.90 | 0.0 | 0.0 | 95.59 | 0.0 | 0.0 | 59.05 | 0.0 | 0.0 | 148.44 | 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) | 3.91 | -1.76 | 2.95 | -22.57 | 93.37 | 1.75 | 123.62 | 29.13 | 71.30 | 5.35 | 145.69 | 21.61 |
| 2022 (9) | 3.98 | -1.73 | 3.81 | -41.02 | 91.76 | 1.89 | 95.73 | 69.43 | 67.68 | 12.89 | 119.80 | 38.32 |
| 2021 (8) | 4.05 | 11.57 | 6.46 | 19.19 | 90.06 | -10.33 | 56.50 | -16.12 | 59.95 | -7.28 | 86.61 | -16.03 |
| 2020 (7) | 3.63 | 7.08 | 5.42 | 21.52 | 100.43 | -6.6 | 67.36 | -17.72 | 64.66 | 20.88 | 103.14 | -24.11 |
| 2019 (6) | 3.39 | -11.49 | 4.46 | -6.69 | 107.53 | 12.93 | 81.87 | 7.31 | 53.49 | 26.19 | 135.91 | 5.25 |
| 2018 (5) | 3.83 | 1.86 | 4.78 | 22.88 | 95.22 | -1.82 | 76.29 | -18.62 | 42.39 | -15.32 | 129.13 | -8.21 |
| 2017 (4) | 3.76 | -21.5 | 3.89 | -3.47 | 96.99 | 27.4 | 93.75 | 3.42 | 50.06 | 23.12 | 140.68 | 11.54 |
| 2016 (3) | 4.79 | 13.24 | 4.03 | 22.49 | 76.13 | -11.8 | 90.65 | -18.19 | 40.66 | -12.54 | 126.12 | -16.28 |
| 2015 (2) | 4.23 | -18.02 | 3.29 | -30.3 | 86.32 | 22.04 | 110.80 | 43.43 | 46.49 | 16.99 | 150.64 | 39.16 |
| 2014 (1) | 5.16 | 2.38 | 4.72 | 18.0 | 70.73 | -2.27 | 77.25 | -15.42 | 39.74 | -15.03 | 108.25 | -7.42 |
