- 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) | 1.51 | -3.82 | -6.79 | 1.97 | -2.48 | -10.86 | 60.16 | 3.8 | 7.03 | 46.12 | 2.56 | 12.21 | 28.92 | -3.47 | 22.59 | 77.35 | 6.0 | 4.94 |
| 23Q3 (19) | 1.57 | -1.26 | 50.96 | 2.02 | -4.72 | 2.02 | 57.96 | 1.22 | -33.59 | 44.97 | 4.73 | -1.92 | 29.96 | 11.38 | -6.32 | 72.97 | -0.45 | -27.86 |
| 23Q2 (18) | 1.59 | 22.31 | 0.63 | 2.12 | 6.53 | -21.48 | 57.26 | -18.24 | -0.62 | 42.94 | -5.92 | 27.23 | 26.90 | -8.47 | -11.95 | 73.30 | -15.04 | 20.5 |
| 23Q1 (17) | 1.30 | -19.75 | -11.56 | 1.99 | -9.95 | -16.03 | 70.03 | 24.59 | 13.5 | 45.64 | 11.05 | 18.79 | 29.39 | 24.59 | -2.78 | 86.28 | 17.05 | 23.45 |
| 22Q4 (16) | 1.62 | 55.77 | 13.29 | 2.21 | 11.62 | 1.84 | 56.21 | -35.6 | -11.52 | 41.10 | -10.36 | -1.91 | 23.59 | -26.24 | -24.03 | 73.71 | -27.13 | -0.9 |
| 22Q3 (15) | 1.04 | -34.18 | -46.39 | 1.98 | -26.67 | -9.17 | 87.28 | 51.48 | 85.66 | 45.85 | 35.85 | 10.03 | 31.98 | 4.68 | -2.29 | 101.15 | 66.28 | 80.79 |
| 22Q2 (14) | 1.58 | 7.48 | -28.51 | 2.70 | 13.92 | 23.85 | 57.62 | -6.61 | 39.96 | 33.75 | -12.16 | -19.3 | 30.55 | 1.06 | -14.86 | 60.83 | -12.96 | 29.12 |
| 22Q1 (13) | 1.47 | 2.8 | -24.62 | 2.37 | 9.22 | -4.82 | 61.70 | -2.88 | 32.32 | 38.42 | -8.31 | 5.2 | 30.23 | -2.64 | -8.06 | 69.89 | -6.04 | 39.03 |
| 21Q4 (12) | 1.43 | -26.29 | -19.66 | 2.17 | -0.46 | -7.66 | 63.53 | 35.14 | 24.18 | 41.90 | 0.55 | 8.27 | 31.05 | -5.13 | -9.21 | 74.38 | 32.94 | 33.66 |
| 21Q3 (11) | 1.94 | -12.22 | 10.86 | 2.18 | 0.0 | -13.15 | 47.01 | 14.19 | -9.42 | 41.67 | -0.36 | 14.95 | 32.73 | -8.78 | -0.97 | 55.95 | 18.76 | 1.56 |
| 21Q2 (10) | 2.21 | 13.33 | 24.86 | 2.18 | -12.45 | -12.45 | 41.17 | -11.71 | -19.82 | 41.82 | 14.51 | 14.45 | 35.88 | 9.12 | 17.03 | 47.11 | -6.29 | -17.7 |
| 21Q1 (9) | 1.95 | 9.55 | 30.0 | 2.49 | 5.96 | 22.66 | 46.63 | -8.85 | -23.24 | 36.52 | -5.63 | -18.66 | 32.88 | -3.86 | 3.56 | 50.27 | -9.67 | -31.98 |
| 20Q4 (8) | 1.78 | 1.71 | 9.2 | 2.35 | -6.37 | 16.34 | 51.16 | -1.43 | -8.15 | 38.70 | 6.76 | -14.04 | 34.20 | 3.48 | -0.64 | 55.65 | 1.02 | -16.08 |
| 20Q3 (7) | 1.75 | -1.13 | -5.41 | 2.51 | 0.8 | 4.58 | 51.90 | 1.07 | 5.77 | 36.25 | -0.79 | -4.45 | 33.05 | 7.8 | -0.87 | 55.09 | -3.76 | 2.65 |
| 20Q2 (6) | 1.77 | 18.0 | -8.29 | 2.49 | 22.66 | 7.33 | 51.35 | -15.47 | 8.63 | 36.54 | -18.62 | -7.02 | 30.66 | -3.43 | -12.45 | 57.24 | -22.54 | 11.04 |
| 20Q1 (5) | 1.50 | -7.98 | -19.35 | 2.03 | 0.5 | -10.96 | 60.75 | 9.07 | 24.06 | 44.90 | -0.27 | 12.7 | 31.75 | -7.76 | -11.09 | 73.90 | 11.45 | 39.17 |
| 19Q4 (4) | 1.63 | -11.89 | 0.0 | 2.02 | -15.83 | 0.0 | 55.70 | 13.51 | 0.0 | 45.02 | 18.66 | 0.0 | 34.42 | 3.24 | 0.0 | 66.31 | 23.55 | 0.0 |
| 19Q3 (3) | 1.85 | -4.15 | 0.0 | 2.40 | 3.45 | 0.0 | 49.07 | 3.81 | 0.0 | 37.94 | -3.46 | 0.0 | 33.34 | -4.8 | 0.0 | 53.67 | 4.11 | 0.0 |
| 19Q2 (2) | 1.93 | 3.76 | 0.0 | 2.32 | 1.75 | 0.0 | 47.27 | -3.47 | 0.0 | 39.30 | -1.36 | 0.0 | 35.02 | -1.93 | 0.0 | 51.55 | -2.92 | 0.0 |
| 19Q1 (1) | 1.86 | 0.0 | 0.0 | 2.28 | 0.0 | 0.0 | 48.97 | 0.0 | 0.0 | 39.84 | 0.0 | 0.0 | 35.71 | 0.0 | 0.0 | 53.10 | 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) | 6.26 | 5.56 | 8.19 | -8.59 | 58.29 | -5.36 | 44.55 | 9.41 | 29.48 | -0.54 | 73.37 | 0.96 |
| 2022 (9) | 5.93 | -22.28 | 8.96 | -14.18 | 61.59 | 28.71 | 40.72 | 16.51 | 29.64 | 4.7 | 72.67 | 33.36 |
| 2021 (8) | 7.63 | 10.1 | 10.44 | 18.77 | 47.85 | -9.19 | 34.95 | -15.8 | 28.31 | -12.3 | 54.49 | -12.0 |
| 2020 (7) | 6.93 | -4.68 | 8.79 | 3.66 | 52.69 | 4.94 | 41.51 | -3.6 | 32.28 | -4.16 | 61.92 | 3.93 |
| 2019 (6) | 7.27 | 10.15 | 8.48 | 8.3 | 50.21 | -9.2 | 43.06 | -7.6 | 33.68 | -8.23 | 59.58 | -8.61 |
| 2018 (5) | 6.60 | 0.0 | 7.83 | 20.28 | 55.30 | 0.04 | 46.60 | -16.85 | 36.70 | 13.31 | 65.19 | -17.41 |
| 2017 (4) | 6.60 | 15.38 | 6.51 | -16.96 | 55.28 | -13.38 | 56.04 | 20.31 | 32.39 | 6.27 | 78.93 | -1.23 |
| 2016 (3) | 5.72 | -0.69 | 7.84 | -6.67 | 63.82 | 0.73 | 46.58 | 7.15 | 30.48 | -5.52 | 79.91 | 7.16 |
| 2015 (2) | 5.76 | -41.52 | 8.40 | -9.87 | 63.36 | 70.92 | 43.47 | 11.06 | 32.26 | 24.46 | 74.57 | 48.28 |
| 2014 (1) | 9.85 | -1.79 | 9.32 | 69.76 | 37.07 | 1.9 | 39.14 | -41.12 | 25.92 | -33.49 | 50.29 | -21.29 |
