- 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) | 1.03 | -3.74 | 4.04 | 7.37 | -6.11 | -11.42 | 88.72 | 3.92 | -3.32 | 12.35 | 6.56 | 12.89 | 11.83 | 14.19 | 23.1 | 89.25 | 3.06 | -4.13 |
| 23Q3 (19) | 1.07 | -0.93 | 4.9 | 7.85 | 0.0 | -14.39 | 85.37 | 1.51 | -4.57 | 11.59 | -0.09 | 16.83 | 10.36 | 2.57 | -3.09 | 86.60 | 1.18 | -2.35 |
| 23Q2 (18) | 1.08 | 5.88 | -0.92 | 7.85 | -3.33 | -17.11 | 84.10 | -5.52 | 1.07 | 11.60 | 3.48 | 20.71 | 10.10 | -0.69 | -11.4 | 85.59 | -4.95 | 5.12 |
| 23Q1 (17) | 1.02 | 3.03 | -7.27 | 8.12 | -2.4 | -16.55 | 89.01 | -3.01 | 7.58 | 11.21 | 2.47 | 19.76 | 10.17 | 5.83 | -8.79 | 90.05 | -3.27 | 11.26 |
| 22Q4 (16) | 0.99 | -2.94 | -5.71 | 8.32 | -9.27 | -18.59 | 91.77 | 2.58 | 5.81 | 10.94 | 10.28 | 22.78 | 9.61 | -10.1 | -17.93 | 93.09 | 4.97 | 10.91 |
| 22Q3 (15) | 1.02 | -6.42 | -8.93 | 9.17 | -3.17 | -12.75 | 89.46 | 7.51 | 10.57 | 9.92 | 3.23 | 14.68 | 10.69 | -6.23 | -14.0 | 88.68 | 8.92 | 14.96 |
| 22Q2 (14) | 1.09 | -0.91 | -0.91 | 9.47 | -2.67 | -13.04 | 83.21 | 0.57 | 0.75 | 9.61 | 2.67 | 14.95 | 11.40 | 2.24 | -10.8 | 81.42 | 0.59 | 4.16 |
| 22Q1 (13) | 1.10 | 4.76 | 8.91 | 9.73 | -4.79 | -22.41 | 82.74 | -4.6 | -7.98 | 9.36 | 5.05 | 28.93 | 11.15 | -4.78 | -14.89 | 80.94 | -3.56 | -3.73 |
| 21Q4 (12) | 1.05 | -6.25 | -1.87 | 10.22 | -2.76 | -23.27 | 86.73 | 7.19 | 2.3 | 8.91 | 3.01 | 30.45 | 11.71 | -5.79 | -5.49 | 83.93 | 8.8 | 5.95 |
| 21Q3 (11) | 1.12 | 1.82 | 7.69 | 10.51 | -3.49 | -5.06 | 80.91 | -2.03 | -7.25 | 8.65 | 3.47 | 5.23 | 12.43 | -2.74 | 6.06 | 77.14 | -1.32 | -7.87 |
| 21Q2 (10) | 1.10 | 8.91 | 19.57 | 10.89 | -13.16 | 3.03 | 82.59 | -8.15 | -16.17 | 8.36 | 15.15 | -2.9 | 12.78 | -2.44 | 13.6 | 78.17 | -7.03 | -18.47 |
| 21Q1 (9) | 1.01 | -5.61 | 16.09 | 12.54 | -5.86 | 10.68 | 89.92 | 6.06 | -14.43 | 7.26 | 6.3 | -9.59 | 13.10 | 5.73 | 21.86 | 84.08 | 6.13 | -17.86 |
| 20Q4 (8) | 1.07 | 2.88 | -4.46 | 13.32 | 20.33 | 11.0 | 84.78 | -2.81 | 4.64 | 6.83 | -16.91 | -9.89 | 12.39 | 5.72 | 16.78 | 79.22 | -5.39 | 1.56 |
| 20Q3 (7) | 1.04 | 13.04 | 10.64 | 11.07 | 4.73 | -9.41 | 87.23 | -11.46 | -9.59 | 8.22 | -4.53 | 10.34 | 11.72 | 4.18 | 12.58 | 83.73 | -12.67 | -10.46 |
| 20Q2 (6) | 0.92 | 5.75 | 1.1 | 10.57 | -6.71 | -12.93 | 98.52 | -6.24 | -1.38 | 8.61 | 7.22 | 14.95 | 11.25 | 4.65 | 44.6 | 95.88 | -6.33 | -3.75 |
| 20Q1 (5) | 0.87 | -22.32 | 1.16 | 11.33 | -5.58 | 3.38 | 105.08 | 29.7 | -0.23 | 8.03 | 5.94 | -3.25 | 10.75 | 1.32 | 29.21 | 102.36 | 31.23 | -2.79 |
| 19Q4 (4) | 1.12 | 19.15 | 0.0 | 12.00 | -1.8 | 0.0 | 81.02 | -16.02 | 0.0 | 7.58 | 1.74 | 0.0 | 10.61 | 1.92 | 0.0 | 78.00 | -16.59 | 0.0 |
| 19Q3 (3) | 0.94 | 3.3 | 0.0 | 12.22 | 0.66 | 0.0 | 96.48 | -3.42 | 0.0 | 7.45 | -0.53 | 0.0 | 10.41 | 33.8 | 0.0 | 93.51 | -6.13 | 0.0 |
| 19Q2 (2) | 0.91 | 5.81 | 0.0 | 12.14 | 10.77 | 0.0 | 99.90 | -5.15 | 0.0 | 7.49 | -9.76 | 0.0 | 7.78 | -6.49 | 0.0 | 99.62 | -5.39 | 0.0 |
| 19Q1 (1) | 0.86 | 0.0 | 0.0 | 10.96 | 0.0 | 0.0 | 105.32 | 0.0 | 0.0 | 8.30 | 0.0 | 0.0 | 8.32 | 0.0 | 0.0 | 105.30 | 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) | 4.11 | -15.26 | 30.60 | -23.77 | 88.85 | 18.06 | 11.93 | 31.24 | 10.40 | 11.11 | 90.38 | 20.52 |
| 2022 (9) | 4.85 | 4.3 | 40.14 | -16.25 | 75.26 | -4.2 | 9.09 | 19.45 | 9.36 | -21.34 | 74.99 | 0.96 |
| 2021 (8) | 4.65 | 19.54 | 47.93 | -3.41 | 78.56 | -16.18 | 7.61 | 3.4 | 11.90 | -6.08 | 74.28 | -15.98 |
| 2020 (7) | 3.89 | 6.28 | 49.62 | 11.43 | 93.73 | -6.01 | 7.36 | -10.24 | 12.67 | 19.08 | 88.41 | -9.12 |
| 2019 (6) | 3.66 | -2.66 | 44.53 | -6.94 | 99.72 | 2.77 | 8.20 | 7.47 | 10.64 | -6.42 | 97.28 | 4.28 |
| 2018 (5) | 3.76 | 16.41 | 47.85 | 5.84 | 97.03 | -14.21 | 7.63 | -5.45 | 11.37 | -18.32 | 93.29 | -13.02 |
| 2017 (4) | 3.23 | -20.64 | 45.21 | -24.2 | 113.10 | 26.07 | 8.07 | 31.86 | 13.92 | 42.62 | 107.25 | 24.62 |
| 2016 (3) | 4.07 | 1.75 | 59.64 | -1.54 | 89.71 | -1.72 | 6.12 | 1.49 | 9.76 | -9.88 | 86.06 | -0.49 |
| 2015 (2) | 4.00 | -3.85 | 60.57 | 96.98 | 91.28 | 4.12 | 6.03 | -49.2 | 10.83 | -30.49 | 86.48 | 2.99 |
| 2014 (1) | 4.16 | 2.72 | 30.75 | 22.02 | 87.67 | -2.77 | 11.87 | -18.02 | 15.58 | -9.15 | 83.97 | -4.03 |
