- 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) | 0.67 | -2.9 | 3.08 | 1.62 | -6.9 | 1.89 | 135.70 | 3.28 | -3.04 | 56.13 | 7.04 | -1.97 | 102.11 | 6.78 | 13.43 | 89.71 | 1.71 | -16.32 |
| 23Q3 (19) | 0.69 | 2.99 | 2.99 | 1.74 | -2.25 | 16.78 | 131.39 | -3.29 | -3.86 | 52.44 | 2.4 | -14.37 | 95.63 | 7.06 | 9.25 | 88.20 | -9.77 | -20.09 |
| 23Q2 (18) | 0.67 | 8.06 | 1.52 | 1.78 | 12.66 | 36.92 | 135.86 | -7.32 | -1.75 | 51.21 | -11.14 | -26.96 | 89.32 | -6.35 | -10.87 | 97.75 | -10.2 | -9.65 |
| 23Q1 (17) | 0.62 | -4.62 | -6.06 | 1.58 | -0.63 | 19.7 | 146.59 | 4.74 | 6.62 | 57.63 | 0.65 | -16.7 | 95.38 | 5.95 | -10.29 | 108.85 | 1.54 | 8.47 |
| 22Q4 (16) | 0.65 | -2.99 | -7.14 | 1.59 | 6.71 | 6.71 | 139.96 | 2.41 | 7.14 | 57.26 | -6.5 | -6.53 | 90.02 | 2.84 | -11.01 | 107.20 | -2.87 | 18.17 |
| 22Q3 (15) | 0.67 | 1.52 | -11.84 | 1.49 | 14.62 | -6.88 | 136.67 | -1.16 | 14.03 | 61.24 | -12.65 | 7.97 | 87.53 | -12.65 | -9.62 | 110.37 | 2.01 | 38.45 |
| 22Q2 (14) | 0.66 | 0.0 | -17.5 | 1.30 | -1.52 | -19.25 | 138.28 | 0.57 | 21.84 | 70.11 | 1.34 | 24.15 | 100.21 | -5.75 | 6.97 | 108.19 | 7.81 | 41.83 |
| 22Q1 (13) | 0.66 | -5.71 | -15.38 | 1.32 | -11.41 | -13.73 | 137.49 | 5.25 | 18.47 | 69.18 | 12.93 | 16.5 | 106.32 | 5.1 | 20.91 | 100.35 | 10.62 | 14.67 |
| 21Q4 (12) | 0.70 | -7.89 | 1.45 | 1.49 | -6.88 | 18.25 | 130.63 | 8.99 | -1.11 | 61.26 | 8.0 | -15.12 | 101.16 | 4.45 | 5.17 | 90.72 | 13.8 | -16.05 |
| 21Q3 (11) | 0.76 | -5.0 | 15.15 | 1.60 | -0.62 | 28.0 | 119.85 | 5.6 | -12.52 | 56.72 | 0.44 | -22.08 | 96.85 | 3.38 | -6.46 | 79.72 | 4.51 | -24.98 |
| 21Q2 (10) | 0.80 | 2.56 | 2.56 | 1.61 | 5.23 | 8.05 | 113.49 | -2.21 | -2.35 | 56.47 | -4.9 | -7.43 | 93.68 | 6.54 | 2.8 | 76.28 | -12.83 | -11.4 |
| 21Q1 (9) | 0.78 | 13.04 | 11.43 | 1.53 | 21.43 | 15.04 | 116.05 | -12.14 | -11.28 | 59.38 | -17.72 | -13.24 | 87.93 | -8.59 | -15.91 | 87.51 | -19.02 | -7.56 |
| 20Q4 (8) | 0.69 | 4.55 | -6.76 | 1.26 | 0.8 | -14.29 | 132.09 | -3.59 | 8.08 | 72.17 | -0.85 | 16.89 | 96.19 | -7.1 | -3.95 | 108.07 | 1.7 | 28.96 |
| 20Q3 (7) | 0.66 | -15.38 | -12.0 | 1.25 | -16.11 | -19.35 | 137.01 | 17.89 | 13.46 | 72.79 | 19.33 | 24.24 | 103.54 | 13.62 | 8.52 | 106.26 | 23.43 | 26.58 |
| 20Q2 (6) | 0.78 | 11.43 | 4.0 | 1.49 | 12.03 | -8.02 | 116.22 | -11.15 | -4.2 | 61.00 | -10.87 | 8.77 | 91.13 | -12.85 | 4.88 | 86.09 | -9.06 | -4.88 |
| 20Q1 (5) | 0.70 | -5.41 | 6.06 | 1.33 | -9.52 | -8.28 | 130.81 | 7.04 | -5.0 | 68.44 | 10.85 | 9.05 | 104.57 | 4.41 | 3.54 | 94.67 | 12.97 | -4.84 |
| 19Q4 (4) | 0.74 | -1.33 | 0.0 | 1.47 | -5.16 | 0.0 | 122.21 | 1.2 | 0.0 | 61.74 | 5.38 | 0.0 | 100.15 | 4.97 | 0.0 | 83.80 | -0.18 | 0.0 |
| 19Q3 (3) | 0.75 | 0.0 | 0.0 | 1.55 | -4.32 | 0.0 | 120.76 | -0.46 | 0.0 | 58.59 | 4.48 | 0.0 | 95.41 | 9.81 | 0.0 | 83.95 | -7.25 | 0.0 |
| 19Q2 (2) | 0.75 | 13.64 | 0.0 | 1.62 | 11.72 | 0.0 | 121.32 | -11.9 | 0.0 | 56.08 | -10.64 | 0.0 | 86.89 | -13.96 | 0.0 | 90.51 | -9.02 | 0.0 |
| 19Q1 (1) | 0.66 | 0.0 | 0.0 | 1.45 | 0.0 | 0.0 | 137.70 | 0.0 | 0.0 | 62.76 | 0.0 | 0.0 | 100.99 | 0.0 | 0.0 | 99.48 | 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) | 2.49 | -7.09 | 6.38 | 2.08 | 146.82 | 7.98 | 57.22 | -2.04 | 100.26 | 5.16 | 103.78 | 4.78 |
| 2022 (9) | 2.68 | -15.99 | 6.25 | -4.87 | 135.97 | 18.96 | 58.41 | 5.09 | 95.34 | 14.65 | 99.05 | 14.22 |
| 2021 (8) | 3.19 | 6.33 | 6.57 | 11.54 | 114.30 | -5.99 | 55.58 | -10.37 | 83.16 | -9.69 | 86.72 | -5.22 |
| 2020 (7) | 3.00 | 7.14 | 5.89 | -1.83 | 121.58 | -6.66 | 62.01 | 1.99 | 92.08 | -9.16 | 91.50 | 2.02 |
| 2019 (6) | 2.80 | -5.72 | 6.00 | -11.63 | 130.26 | 5.95 | 60.80 | 13.12 | 101.37 | 13.72 | 89.69 | 2.43 |
| 2018 (5) | 2.97 | -2.62 | 6.79 | -3.82 | 122.94 | 2.84 | 53.75 | 3.95 | 89.14 | -3.76 | 87.56 | 11.36 |
| 2017 (4) | 3.05 | 1.67 | 7.06 | -13.27 | 119.54 | -1.68 | 51.71 | 15.37 | 92.62 | -1.57 | 78.63 | 8.76 |
| 2016 (3) | 3.00 | 4.53 | 8.14 | -16.43 | 121.58 | -4.44 | 44.82 | 19.55 | 94.10 | 9.22 | 72.30 | -7.97 |
| 2015 (2) | 2.87 | -10.03 | 9.74 | -14.03 | 127.23 | 11.07 | 37.49 | 16.39 | 86.16 | 9.2 | 78.56 | 15.75 |
| 2014 (1) | 3.19 | -0.93 | 11.33 | 15.85 | 114.55 | 1.13 | 32.21 | -13.67 | 78.90 | -4.04 | 67.87 | -0.72 |
