- 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) | 1.41 | -2.76 | -8.44 | 2.05 | 22.02 | 37.58 | 64.55 | 2.92 | 9.11 | 44.31 | -18.26 | -27.61 | 31.51 | -7.35 | -13.93 | 77.35 | -6.72 | -7.65 |
| 23Q3 (19) | 1.45 | -7.05 | -12.65 | 1.68 | 3.07 | 42.37 | 62.72 | 7.25 | 14.45 | 54.21 | -3.06 | -29.91 | 34.01 | -9.11 | -20.54 | 82.92 | 7.7 | -7.18 |
| 23Q2 (18) | 1.56 | 10.64 | -12.85 | 1.63 | 6.54 | 77.17 | 58.48 | -9.38 | 14.85 | 55.92 | -6.14 | -43.58 | 37.42 | -15.38 | -20.13 | 76.99 | -3.62 | -25.38 |
| 23Q1 (17) | 1.41 | -8.44 | 11.9 | 1.53 | 2.68 | 121.74 | 64.53 | 9.08 | -10.88 | 59.58 | -2.66 | -54.67 | 44.22 | 20.79 | -20.4 | 79.88 | -4.63 | -46.13 |
| 22Q4 (16) | 1.54 | -7.23 | -9.41 | 1.49 | 26.27 | 65.56 | 59.16 | 7.96 | 10.66 | 61.21 | -20.86 | -39.47 | 36.61 | -14.46 | -47.6 | 83.76 | -6.24 | -1.13 |
| 22Q3 (15) | 1.66 | -7.26 | 21.17 | 1.18 | 28.26 | 0.85 | 54.80 | 7.62 | -17.61 | 77.34 | -21.97 | -0.94 | 42.80 | -8.64 | -39.81 | 89.33 | -13.41 | 21.59 |
| 22Q2 (14) | 1.79 | 42.06 | 19.33 | 0.92 | 33.33 | -53.3 | 50.92 | -29.68 | -16.33 | 99.11 | -24.59 | 114.34 | 46.85 | -15.66 | 4.3 | 103.17 | -30.42 | 65.92 |
| 22Q1 (13) | 1.26 | -25.88 | 11.5 | 0.69 | -23.33 | -65.5 | 72.41 | 35.45 | -10.26 | 131.43 | 29.96 | 188.35 | 55.55 | -20.5 | 28.2 | 148.28 | 75.02 | 78.8 |
| 21Q4 (12) | 1.70 | 24.09 | 25.93 | 0.90 | -23.08 | -65.38 | 53.46 | -19.62 | -20.65 | 101.13 | 29.54 | 189.44 | 69.87 | -1.74 | 82.62 | 84.72 | 15.31 | 32.27 |
| 21Q3 (11) | 1.37 | -8.67 | -8.67 | 1.17 | -40.61 | -55.51 | 66.51 | 9.28 | 9.86 | 78.07 | 68.84 | 125.44 | 71.11 | 58.3 | 79.84 | 73.47 | 18.16 | 32.07 |
| 21Q2 (10) | 1.50 | 32.74 | -1.32 | 1.97 | -1.5 | -19.92 | 60.86 | -24.58 | 1.67 | 46.24 | 1.45 | 24.94 | 44.92 | 3.67 | 17.96 | 62.18 | -25.02 | 5.77 |
| 21Q1 (9) | 1.13 | -16.3 | 0.89 | 2.00 | -23.08 | -6.98 | 80.69 | 19.77 | -0.79 | 45.58 | 30.45 | 7.63 | 43.33 | 13.25 | -1.01 | 82.93 | 29.48 | 3.78 |
| 20Q4 (8) | 1.35 | -10.0 | 8.87 | 2.60 | -1.14 | 4.42 | 67.37 | 11.28 | -8.19 | 34.94 | 0.9 | -4.48 | 38.26 | -3.24 | -4.8 | 64.05 | 15.14 | -8.19 |
| 20Q3 (7) | 1.50 | -1.32 | 21.95 | 2.63 | 6.91 | -1.5 | 60.54 | 1.14 | -18.45 | 34.63 | -6.43 | 1.67 | 39.54 | 3.83 | -9.33 | 55.63 | -5.38 | -14.01 |
| 20Q2 (6) | 1.52 | 35.71 | 10.95 | 2.46 | 14.42 | -17.73 | 59.86 | -26.4 | -9.75 | 37.01 | -12.61 | 21.7 | 38.08 | -13.0 | -8.94 | 58.79 | -26.43 | 7.07 |
| 20Q1 (5) | 1.12 | -9.68 | -5.08 | 2.15 | -13.65 | -16.67 | 81.33 | 10.83 | 5.21 | 42.35 | 15.77 | 20.11 | 43.77 | 8.91 | -0.11 | 79.91 | 14.55 | 16.25 |
| 19Q4 (4) | 1.24 | 0.81 | 0.0 | 2.49 | -6.74 | 0.0 | 73.38 | -1.16 | 0.0 | 36.58 | 7.4 | 0.0 | 40.19 | -7.84 | 0.0 | 69.76 | 7.84 | 0.0 |
| 19Q3 (3) | 1.23 | -10.22 | 0.0 | 2.67 | -10.7 | 0.0 | 74.24 | 11.93 | 0.0 | 34.06 | 12.0 | 0.0 | 43.61 | 4.28 | 0.0 | 64.69 | 17.81 | 0.0 |
| 19Q2 (2) | 1.37 | 16.1 | 0.0 | 2.99 | 15.89 | 0.0 | 66.33 | -14.19 | 0.0 | 30.41 | -13.75 | 0.0 | 41.82 | -4.56 | 0.0 | 54.91 | -20.12 | 0.0 |
| 19Q1 (1) | 1.18 | 0.0 | 0.0 | 2.58 | 0.0 | 0.0 | 77.30 | 0.0 | 0.0 | 35.26 | 0.0 | 0.0 | 43.82 | 0.0 | 0.0 | 68.74 | 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) | 5.96 | 0.17 | 6.80 | 41.67 | 61.29 | -0.08 | 53.65 | -29.37 | 43.73 | -11.33 | 71.21 | -19.07 |
| 2022 (9) | 5.95 | 29.07 | 4.80 | 5.03 | 61.34 | -22.45 | 75.96 | -4.99 | 49.32 | -5.08 | 87.99 | -17.84 |
| 2021 (8) | 4.61 | 4.54 | 4.57 | -53.93 | 79.10 | -4.4 | 79.95 | 117.26 | 51.96 | 35.67 | 107.09 | 31.82 |
| 2020 (7) | 4.41 | -7.16 | 9.92 | -4.89 | 82.74 | 7.78 | 36.80 | 5.17 | 38.30 | -4.15 | 81.24 | 13.15 |
| 2019 (6) | 4.75 | 1.71 | 10.43 | 55.67 | 76.77 | -1.7 | 34.99 | -35.82 | 39.96 | -27.03 | 71.80 | -7.78 |
| 2018 (5) | 4.67 | -15.25 | 6.70 | 20.94 | 78.10 | 17.99 | 54.52 | -17.19 | 54.76 | -3.39 | 77.86 | 3.33 |
| 2017 (4) | 5.51 | -21.73 | 5.54 | -32.02 | 66.19 | 27.63 | 65.84 | 47.03 | 56.68 | 22.87 | 75.35 | 49.18 |
| 2016 (3) | 7.04 | -14.67 | 8.15 | -16.67 | 51.86 | 17.25 | 44.78 | 19.99 | 46.13 | -3.23 | 50.51 | 49.04 |
| 2015 (2) | 8.25 | -11.39 | 9.78 | -4.68 | 44.23 | 12.8 | 37.32 | 4.89 | 47.67 | 1.97 | 33.89 | 20.91 |
| 2014 (1) | 9.31 | -9.26 | 10.26 | 27.3 | 39.21 | 10.2 | 35.58 | -21.39 | 46.75 | -14.71 | 28.03 | 7.68 |
