- 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) | 1.27 | 11.4 | 47.67 | 1.53 | 15.04 | 57.73 | 71.51 | -10.25 | -32.37 | 59.39 | -13.15 | -36.53 | 71.64 | -7.57 | -19.37 | 59.27 | -15.99 | -46.35 |
| 23Q3 (19) | 1.14 | 4.59 | -2.56 | 1.33 | -2.21 | -2.21 | 79.68 | -4.15 | 2.38 | 68.38 | 2.5 | 2.47 | 77.51 | 11.49 | 10.19 | 70.55 | -12.16 | -4.94 |
| 23Q2 (18) | 1.09 | -6.84 | 21.11 | 1.36 | 8.8 | 41.67 | 83.13 | 6.6 | -17.77 | 66.71 | -8.67 | -29.49 | 69.52 | 12.77 | -30.76 | 80.32 | -10.12 | -15.71 |
| 23Q1 (17) | 1.17 | 36.05 | 18.18 | 1.25 | 28.87 | 9.65 | 77.98 | -26.25 | -15.32 | 73.04 | -21.94 | -8.33 | 61.65 | -30.61 | -40.95 | 89.36 | -19.11 | 32.64 |
| 22Q4 (16) | 0.86 | -26.5 | -27.12 | 0.97 | -28.68 | -40.85 | 105.74 | 35.86 | 37.32 | 93.57 | 40.22 | 68.29 | 88.85 | 26.32 | 2.39 | 110.47 | 48.84 | 141.1 |
| 22Q3 (15) | 1.17 | 30.0 | -5.65 | 1.36 | 41.67 | -21.39 | 77.83 | -23.01 | 6.41 | 66.73 | -29.47 | 27.18 | 70.34 | -29.95 | -14.87 | 74.22 | -22.11 | 72.68 |
| 22Q2 (14) | 0.90 | -9.09 | -25.0 | 0.96 | -15.79 | -40.74 | 101.09 | 9.77 | 32.77 | 94.61 | 18.74 | 68.44 | 100.41 | -3.83 | 23.17 | 95.29 | 41.44 | 87.62 |
| 22Q1 (13) | 0.99 | -16.1 | 1.02 | 1.14 | -30.49 | -24.0 | 92.09 | 19.6 | -0.62 | 79.68 | 43.31 | 31.25 | 104.41 | 20.32 | 25.96 | 67.37 | 47.03 | -4.41 |
| 21Q4 (12) | 1.18 | -4.84 | 20.41 | 1.64 | -5.2 | 10.07 | 77.00 | 5.28 | -16.67 | 55.60 | 5.97 | -8.91 | 86.78 | 5.02 | 13.72 | 45.82 | 6.61 | -40.59 |
| 21Q3 (11) | 1.24 | 3.33 | 40.91 | 1.73 | 6.79 | 27.21 | 73.14 | -3.94 | -29.31 | 52.47 | -6.59 | -21.49 | 82.63 | 1.36 | -6.03 | 42.98 | -15.38 | -47.82 |
| 21Q2 (10) | 1.20 | 22.45 | -3.23 | 1.62 | 8.0 | 0.0 | 76.14 | -17.83 | 3.89 | 56.17 | -7.48 | -0.23 | 81.52 | -1.65 | 17.41 | 50.79 | -27.94 | -15.56 |
| 21Q1 (9) | 0.98 | 0.0 | 10.11 | 1.50 | 0.67 | 42.86 | 92.66 | 0.28 | -9.62 | 60.71 | -0.54 | -30.19 | 82.89 | 8.62 | -7.3 | 70.48 | -8.62 | -29.57 |
| 20Q4 (8) | 0.98 | 11.36 | 5.38 | 1.49 | 9.56 | 15.5 | 92.40 | -10.7 | -5.36 | 61.04 | -8.66 | -13.31 | 76.31 | -13.22 | -2.5 | 77.13 | -6.36 | -14.08 |
| 20Q3 (7) | 0.88 | -29.03 | -2.22 | 1.36 | -16.05 | -17.07 | 103.47 | 41.18 | 2.53 | 66.83 | 18.7 | 20.48 | 87.93 | 26.65 | 3.62 | 82.37 | 36.94 | 15.14 |
| 20Q2 (6) | 1.24 | 39.33 | -2.36 | 1.62 | 54.29 | -18.59 | 73.29 | -28.51 | 2.05 | 56.30 | -35.26 | 23.38 | 69.43 | -22.36 | -7.84 | 60.15 | -39.89 | 42.87 |
| 20Q1 (5) | 0.89 | -4.3 | -8.25 | 1.05 | -18.6 | -23.91 | 102.52 | 5.01 | 8.77 | 86.96 | 23.51 | 32.0 | 89.42 | 14.25 | -10.54 | 100.07 | 11.47 | 66.28 |
| 19Q4 (4) | 0.93 | 3.33 | 0.0 | 1.29 | -21.34 | 0.0 | 97.63 | -3.26 | 0.0 | 70.41 | 26.93 | 0.0 | 78.27 | -7.77 | 0.0 | 89.77 | 25.48 | 0.0 |
| 19Q3 (3) | 0.90 | -29.13 | 0.0 | 1.64 | -17.59 | 0.0 | 100.92 | 40.52 | 0.0 | 55.47 | 21.56 | 0.0 | 84.86 | 12.64 | 0.0 | 71.54 | 69.93 | 0.0 |
| 19Q2 (2) | 1.27 | 30.93 | 0.0 | 1.99 | 44.2 | 0.0 | 71.82 | -23.8 | 0.0 | 45.63 | -30.74 | 0.0 | 75.34 | -24.62 | 0.0 | 42.10 | -30.04 | 0.0 |
| 19Q1 (1) | 0.97 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 94.25 | 0.0 | 0.0 | 65.88 | 0.0 | 0.0 | 99.95 | 0.0 | 0.0 | 60.18 | 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) | 4.31 | 2.86 | 4.89 | -2.4 | 84.77 | -2.73 | 74.60 | 2.46 | 72.44 | -17.51 | 86.93 | 20.49 |
| 2022 (9) | 4.19 | 6.35 | 5.01 | -10.05 | 87.15 | -6.01 | 72.81 | 11.04 | 87.82 | -7.53 | 72.15 | 13.95 |
| 2021 (8) | 3.94 | -1.75 | 5.57 | -1.42 | 92.72 | 1.79 | 65.57 | 1.58 | 94.97 | 22.15 | 63.32 | -18.71 |
| 2020 (7) | 4.01 | -9.28 | 5.65 | -20.76 | 91.09 | 10.41 | 64.55 | 26.1 | 77.75 | 16.44 | 77.89 | 16.38 |
| 2019 (6) | 4.42 | 4.99 | 7.13 | -15.92 | 82.50 | -4.73 | 51.19 | 18.88 | 66.77 | -10.9 | 66.93 | 22.31 |
| 2018 (5) | 4.21 | 6.58 | 8.48 | 19.94 | 86.60 | -6.27 | 43.06 | -16.63 | 74.94 | -16.47 | 54.72 | 0.74 |
| 2017 (4) | 3.95 | 5.61 | 7.07 | 7.94 | 92.39 | -5.44 | 51.65 | -7.37 | 89.72 | 11.3 | 54.32 | -25.44 |
| 2016 (3) | 3.74 | -9.44 | 6.55 | 16.96 | 97.71 | 10.66 | 55.76 | -14.48 | 80.61 | 9.15 | 72.85 | -8.54 |
| 2015 (2) | 4.13 | 250.0 | 5.60 | 188.66 | 88.30 | -71.41 | 65.20 | -65.26 | 73.85 | -62.09 | 79.65 | -73.6 |
| 2014 (1) | 1.18 | -64.24 | 1.94 | -58.55 | 308.83 | 179.59 | 187.68 | 140.86 | 194.82 | 168.27 | 301.69 | 160.62 |
