- 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) | 2.14 | 1.9 | -42.78 | 4.23 | 30.96 | 61.45 | 42.50 | -2.03 | 74.68 | 21.53 | -23.49 | -38.06 | 12.05 | -19.51 | -21.55 | 51.97 | -8.1 | 18.84 |
| 23Q3 (19) | 2.10 | -4.98 | -28.57 | 3.23 | 40.43 | 36.29 | 43.38 | 5.24 | 40.12 | 28.14 | -29.01 | -26.68 | 14.97 | 11.05 | 58.75 | 56.55 | -16.07 | -5.61 |
| 23Q2 (18) | 2.21 | -5.56 | -13.67 | 2.30 | 17.95 | -23.08 | 41.22 | 5.88 | 15.85 | 39.64 | -15.21 | 30.05 | 13.48 | -30.69 | 34.8 | 67.38 | 1.74 | 20.17 |
| 23Q1 (17) | 2.34 | -37.43 | 13.59 | 1.95 | -25.57 | -39.25 | 38.93 | 60.01 | -11.94 | 46.75 | 34.49 | 64.9 | 19.45 | 26.63 | 94.31 | 66.23 | 51.45 | 5.88 |
| 22Q4 (16) | 3.74 | 27.21 | 24.67 | 2.62 | 10.55 | 6.5 | 24.33 | -21.41 | -19.91 | 34.76 | -9.43 | -6.13 | 15.36 | 62.88 | 42.62 | 43.73 | -27.01 | -22.79 |
| 22Q3 (15) | 2.94 | 14.84 | -17.65 | 2.37 | -20.74 | 45.4 | 30.96 | -12.98 | 21.6 | 38.38 | 25.92 | -31.45 | 9.43 | -5.7 | -42.25 | 59.91 | 6.85 | -8.0 |
| 22Q2 (14) | 2.56 | 24.27 | -22.89 | 2.99 | -6.85 | 44.44 | 35.58 | -19.52 | 29.95 | 30.48 | 7.51 | -30.82 | 10.00 | -0.1 | -23.55 | 56.07 | -10.36 | -3.92 |
| 22Q1 (13) | 2.06 | -31.33 | -33.55 | 3.21 | 30.49 | 4.9 | 44.21 | 45.52 | 50.53 | 28.35 | -23.44 | -4.58 | 10.01 | -7.06 | -10.62 | 62.55 | 10.43 | 30.64 |
| 21Q4 (12) | 3.00 | -15.97 | -33.77 | 2.46 | 50.92 | -26.13 | 30.38 | 19.32 | 51.29 | 37.03 | -33.86 | 35.49 | 10.77 | -34.05 | -10.18 | 56.64 | -13.02 | 59.91 |
| 21Q3 (11) | 3.57 | 7.53 | -6.79 | 1.63 | -21.26 | -53.16 | 25.46 | -7.01 | 7.15 | 55.99 | 27.08 | 114.03 | 16.33 | 24.85 | 22.41 | 65.12 | 11.58 | 78.02 |
| 21Q2 (10) | 3.32 | 7.1 | -29.06 | 2.07 | -32.35 | -50.6 | 27.38 | -6.78 | 40.7 | 44.06 | 48.3 | 102.95 | 13.08 | 16.79 | 48.3 | 58.36 | 21.89 | 80.4 |
| 21Q1 (9) | 3.10 | -31.57 | -27.57 | 3.06 | -8.11 | 11.68 | 29.37 | 46.26 | 38.08 | 29.71 | 8.71 | -10.59 | 11.20 | -6.59 | 36.92 | 47.88 | 35.18 | 3.37 |
| 20Q4 (8) | 4.53 | 18.28 | 63.54 | 3.33 | -4.31 | 12.88 | 20.08 | -15.49 | -38.93 | 27.33 | 4.47 | -11.32 | 11.99 | -10.12 | 1.87 | 35.42 | -3.17 | -31.81 |
| 20Q3 (7) | 3.83 | -18.16 | 43.45 | 3.48 | -16.95 | -36.15 | 23.76 | 22.1 | -30.18 | 26.16 | 20.5 | 56.74 | 13.34 | 51.25 | 5.54 | 36.58 | 13.08 | -3.94 |
| 20Q2 (6) | 4.68 | 9.35 | 73.33 | 4.19 | 52.92 | -33.28 | 19.46 | -8.51 | -42.19 | 21.71 | -34.67 | 49.93 | 8.82 | 7.82 | -31.57 | 32.35 | -30.16 | -8.25 |
| 20Q1 (5) | 4.28 | 54.51 | 62.12 | 2.74 | -7.12 | -36.87 | 21.27 | -35.31 | -38.4 | 33.23 | 7.82 | 58.39 | 8.18 | -30.5 | -43.15 | 46.32 | -10.82 | 12.65 |
| 19Q4 (4) | 2.77 | 3.75 | 0.0 | 2.95 | -45.87 | 0.0 | 32.88 | -3.38 | 0.0 | 30.82 | 84.66 | 0.0 | 11.77 | -6.88 | 0.0 | 51.94 | 36.4 | 0.0 |
| 19Q3 (3) | 2.67 | -1.11 | 0.0 | 5.45 | -13.22 | 0.0 | 34.03 | 1.1 | 0.0 | 16.69 | 15.26 | 0.0 | 12.64 | -1.94 | 0.0 | 38.08 | 8.0 | 0.0 |
| 19Q2 (2) | 2.70 | 2.27 | 0.0 | 6.28 | 44.7 | 0.0 | 33.66 | -2.52 | 0.0 | 14.48 | -30.98 | 0.0 | 12.89 | -10.42 | 0.0 | 35.26 | -14.25 | 0.0 |
| 19Q1 (1) | 2.64 | 0.0 | 0.0 | 4.34 | 0.0 | 0.0 | 34.53 | 0.0 | 0.0 | 20.98 | 0.0 | 0.0 | 14.39 | 0.0 | 0.0 | 41.12 | 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) | 8.71 | -6.55 | 9.26 | 1.09 | 41.89 | 7.0 | 39.43 | -1.05 | 20.32 | 18.35 | 61.00 | -1.34 |
| 2022 (9) | 9.32 | 4.37 | 9.16 | -4.78 | 39.15 | -4.26 | 39.85 | 5.01 | 17.17 | 27.75 | 61.83 | -5.46 |
| 2021 (8) | 8.93 | -39.66 | 9.62 | -9.84 | 40.89 | 65.82 | 37.95 | 10.9 | 13.44 | 17.89 | 65.40 | 37.77 |
| 2020 (7) | 14.80 | -1.46 | 10.67 | -30.8 | 24.66 | 1.48 | 34.22 | 44.51 | 11.40 | 19.75 | 47.47 | 23.43 |
| 2019 (6) | 15.02 | 14.22 | 15.42 | -7.5 | 24.30 | -12.46 | 23.68 | 8.13 | 9.52 | -21.0 | 38.46 | 2.26 |
| 2018 (5) | 13.15 | 40.04 | 16.67 | 12.94 | 27.76 | -28.6 | 21.90 | -11.44 | 12.05 | -18.31 | 37.61 | -23.02 |
| 2017 (4) | 9.39 | -15.18 | 14.76 | -34.92 | 38.88 | 17.96 | 24.73 | 53.6 | 14.75 | 77.07 | 48.86 | 19.99 |
| 2016 (3) | 11.07 | -15.37 | 22.68 | 30.42 | 32.96 | 18.14 | 16.10 | -23.26 | 8.33 | 103.67 | 40.72 | -9.09 |
| 2015 (2) | 13.08 | 3.56 | 17.39 | 8.76 | 27.90 | -3.46 | 20.98 | -8.06 | 4.09 | -15.84 | 44.79 | -4.42 |
| 2014 (1) | 12.63 | 0 | 15.99 | 0 | 28.90 | 0 | 22.82 | 0 | 4.86 | 0 | 46.86 | 0 |
