- 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) | 1.26 | 2.44 | 11.5 | 1.50 | 11.94 | 14.5 | 72.16 | -2.85 | -10.54 | 60.75 | -10.25 | -12.24 | 44.79 | -7.67 | -19.22 | 88.12 | -5.71 | -6.68 |
| 23Q3 (19) | 1.23 | -4.65 | 8.85 | 1.34 | -1.47 | -6.29 | 74.28 | 5.48 | -7.83 | 67.69 | 1.48 | 6.11 | 48.51 | 3.45 | -17.95 | 93.46 | 3.58 | 9.62 |
| 23Q2 (18) | 1.29 | 11.21 | 9.32 | 1.36 | 6.25 | -14.47 | 70.42 | -10.22 | -8.83 | 66.70 | -6.43 | 16.65 | 46.89 | -6.59 | -18.34 | 90.23 | -9.33 | 17.17 |
| 23Q1 (17) | 1.16 | 2.65 | -0.85 | 1.28 | -2.29 | -22.89 | 78.44 | -2.75 | 1.13 | 71.28 | 2.98 | 29.86 | 50.20 | -9.47 | -12.15 | 99.51 | 5.38 | 32.13 |
| 22Q4 (16) | 1.13 | 0.0 | -6.61 | 1.31 | -8.39 | -25.57 | 80.66 | 0.09 | 7.65 | 69.22 | 8.51 | 34.25 | 55.45 | -6.21 | -2.84 | 94.43 | 10.76 | 36.03 |
| 22Q3 (15) | 1.13 | -4.24 | -10.32 | 1.43 | -10.06 | -25.13 | 80.59 | 4.34 | 11.45 | 63.79 | 11.56 | 33.93 | 59.12 | 2.96 | 9.66 | 85.26 | 10.71 | 29.12 |
| 22Q2 (14) | 1.18 | 0.85 | -4.07 | 1.59 | -4.22 | -17.19 | 77.24 | -0.41 | 4.18 | 57.18 | 4.17 | 20.76 | 57.42 | 0.49 | 4.95 | 77.01 | 2.26 | 15.3 |
| 22Q1 (13) | 1.17 | -3.31 | -4.1 | 1.66 | -5.68 | -17.82 | 77.56 | 3.51 | 3.59 | 54.89 | 6.46 | 21.76 | 57.14 | 0.12 | 4.25 | 75.31 | 8.48 | 15.63 |
| 21Q4 (12) | 1.21 | -3.97 | -2.42 | 1.76 | -7.85 | -14.15 | 74.93 | 3.62 | 1.96 | 51.56 | 8.25 | 16.0 | 57.07 | 5.86 | 4.45 | 69.42 | 5.13 | 9.67 |
| 21Q3 (11) | 1.26 | 2.44 | 7.69 | 1.91 | -0.52 | -4.02 | 72.31 | -2.47 | -7.02 | 47.63 | 0.59 | 4.04 | 53.91 | -1.46 | -8.24 | 66.03 | -1.14 | 1.9 |
| 21Q2 (10) | 1.23 | 0.82 | -0.81 | 1.92 | -4.95 | -9.0 | 74.14 | -0.98 | 1.15 | 47.35 | 5.04 | 9.58 | 54.71 | -0.18 | -4.1 | 66.79 | 2.55 | 12.33 |
| 21Q1 (9) | 1.22 | -1.61 | 7.02 | 2.02 | -1.46 | 2.02 | 74.87 | 1.88 | -6.26 | 45.08 | 1.42 | -1.74 | 54.81 | 0.31 | -10.91 | 65.13 | 2.89 | 1.42 |
| 20Q4 (8) | 1.24 | 5.98 | 5.98 | 2.05 | 3.02 | -4.65 | 73.49 | -5.5 | -5.41 | 44.45 | -2.91 | 5.13 | 54.64 | -7.0 | -4.76 | 63.30 | -2.31 | 1.1 |
| 20Q3 (7) | 1.17 | -5.65 | -3.31 | 1.99 | -5.69 | -4.78 | 77.77 | 6.1 | 3.14 | 45.78 | 5.95 | 5.05 | 58.75 | 2.98 | 10.6 | 64.80 | 8.98 | -1.61 |
| 20Q2 (6) | 1.24 | 8.77 | 9.73 | 2.11 | 6.57 | 18.54 | 73.30 | -8.23 | -9.11 | 43.21 | -5.82 | -15.34 | 57.05 | -7.27 | 1.31 | 59.46 | -7.41 | -21.12 |
| 20Q1 (5) | 1.14 | -2.56 | 6.54 | 1.98 | -7.91 | 13.14 | 79.87 | 2.81 | -5.77 | 45.88 | 8.51 | -11.99 | 61.52 | 7.23 | 7.44 | 64.22 | 2.57 | -19.36 |
| 19Q4 (4) | 1.17 | -3.31 | 0.0 | 2.15 | 2.87 | 0.0 | 77.69 | 3.04 | 0.0 | 42.28 | -2.98 | 0.0 | 57.37 | 8.0 | 0.0 | 62.61 | -4.93 | 0.0 |
| 19Q3 (3) | 1.21 | 7.08 | 0.0 | 2.09 | 17.42 | 0.0 | 75.40 | -6.51 | 0.0 | 43.58 | -14.62 | 0.0 | 53.12 | -5.67 | 0.0 | 65.86 | -12.63 | 0.0 |
| 19Q2 (2) | 1.13 | 5.61 | 0.0 | 1.78 | 1.71 | 0.0 | 80.65 | -4.85 | 0.0 | 51.04 | -2.09 | 0.0 | 56.31 | -1.66 | 0.0 | 75.38 | -5.35 | 0.0 |
| 19Q1 (1) | 1.07 | 0.0 | 0.0 | 1.75 | 0.0 | 0.0 | 84.76 | 0.0 | 0.0 | 52.13 | 0.0 | 0.0 | 57.26 | 0.0 | 0.0 | 79.64 | 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) | 4.56 | -9.16 | 5.49 | -13.95 | 80.09 | 10.1 | 66.46 | 16.19 | 50.06 | -1.88 | 96.49 | 22.26 |
| 2022 (9) | 5.02 | 2.87 | 6.38 | -15.5 | 72.74 | -2.84 | 57.20 | 18.3 | 51.02 | -7.12 | 78.92 | 15.58 |
| 2021 (8) | 4.88 | 6.78 | 7.55 | -4.79 | 74.87 | -6.27 | 48.35 | 5.06 | 54.93 | -8.25 | 68.28 | 3.42 |
| 2020 (7) | 4.57 | 1.33 | 7.93 | 0.13 | 79.88 | -1.35 | 46.02 | -0.13 | 59.87 | 4.91 | 66.02 | -5.66 |
| 2019 (6) | 4.51 | -3.43 | 7.92 | -2.94 | 80.97 | 3.6 | 46.08 | 3.04 | 57.07 | 9.71 | 69.98 | -1.24 |
| 2018 (5) | 4.67 | 0.0 | 8.16 | -28.23 | 78.16 | 0.03 | 44.72 | 39.27 | 52.02 | -3.18 | 70.86 | 25.37 |
| 2017 (4) | 4.67 | 50.65 | 11.37 | -3.73 | 78.14 | -33.61 | 32.11 | 3.92 | 53.73 | -13.42 | 56.52 | -34.69 |
| 2016 (3) | 3.10 | -2.82 | 11.81 | 4.14 | 117.69 | 3.02 | 30.90 | -3.98 | 62.06 | 23.18 | 86.54 | -9.9 |
| 2015 (2) | 3.19 | -9.89 | 11.34 | -10.78 | 114.24 | 10.73 | 32.18 | 12.09 | 50.38 | 17.82 | 96.05 | 7.76 |
| 2014 (1) | 3.54 | -1.67 | 12.71 | 7.62 | 103.17 | 1.7 | 28.71 | -7.06 | 42.76 | -4.43 | 89.13 | 1.75 |
