- 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) | 1.09 | -5.22 | 17.2 | 1.89 | 6.18 | 98.95 | 83.26 | 5.57 | -15.07 | 48.27 | -5.74 | -49.67 | 41.69 | 4.43 | 10.67 | 89.85 | -0.34 | -42.51 |
| 23Q3 (19) | 1.15 | -2.54 | 7.48 | 1.78 | 25.35 | 91.4 | 78.87 | 2.28 | -7.69 | 51.21 | -20.06 | -47.42 | 39.92 | 21.34 | -3.71 | 90.16 | -16.73 | -36.22 |
| 23Q2 (18) | 1.18 | 9.26 | 2.61 | 1.42 | 26.79 | 54.35 | 77.11 | -8.49 | -2.79 | 64.06 | -21.43 | -35.58 | 32.90 | 10.55 | -26.41 | 108.27 | -20.4 | -19.23 |
| 23Q1 (17) | 1.08 | 16.13 | -5.26 | 1.12 | 17.89 | 31.76 | 84.26 | -14.05 | 5.52 | 81.53 | -14.99 | -24.0 | 29.76 | -21.0 | -49.31 | 136.02 | -12.96 | 5.93 |
| 22Q4 (16) | 0.93 | -13.08 | -19.13 | 0.95 | 2.15 | 2.15 | 98.03 | 14.74 | 23.73 | 95.91 | -1.52 | -2.12 | 37.67 | -9.14 | -39.27 | 156.28 | 10.55 | 35.67 |
| 22Q3 (15) | 1.07 | -6.96 | -14.4 | 0.93 | 1.09 | -39.61 | 85.44 | 7.72 | 17.48 | 97.39 | -2.06 | 64.45 | 41.46 | -7.27 | -6.52 | 141.37 | 5.46 | 61.38 |
| 22Q2 (14) | 1.15 | 0.88 | -15.44 | 0.92 | 8.24 | -53.06 | 79.32 | -0.66 | 18.41 | 99.44 | -7.3 | 113.99 | 44.71 | -23.85 | 12.79 | 134.05 | 4.39 | 81.59 |
| 22Q1 (13) | 1.14 | -0.87 | -6.56 | 0.85 | -8.6 | -47.2 | 79.85 | 0.78 | 7.38 | 107.27 | 9.47 | 89.66 | 58.71 | -5.35 | 25.1 | 128.41 | 11.48 | 52.89 |
| 21Q4 (12) | 1.15 | -8.0 | -27.22 | 0.93 | -39.61 | -50.53 | 79.23 | 8.94 | 37.65 | 97.99 | 65.47 | 101.92 | 62.03 | 39.86 | 64.8 | 115.19 | 31.5 | 68.26 |
| 21Q3 (11) | 1.25 | -8.09 | -43.44 | 1.54 | -21.43 | -18.09 | 72.73 | 8.57 | 76.53 | 59.22 | 27.44 | 22.63 | 44.35 | 11.88 | 46.18 | 87.60 | 18.67 | 48.1 |
| 21Q2 (10) | 1.36 | 11.48 | -6.85 | 1.96 | 21.74 | 71.93 | 66.99 | -9.91 | 7.72 | 46.47 | -17.84 | -41.82 | 39.64 | -15.53 | -10.11 | 73.82 | -12.11 | -24.65 |
| 21Q1 (9) | 1.22 | -22.78 | 19.61 | 1.61 | -14.36 | 61.0 | 74.36 | 29.19 | -16.92 | 56.56 | 16.55 | -38.07 | 46.93 | 24.68 | -14.92 | 83.99 | 22.68 | -33.17 |
| 20Q4 (8) | 1.58 | -28.51 | 49.06 | 1.88 | 0.0 | 34.29 | 57.56 | 39.71 | -32.81 | 48.53 | 0.5 | -25.25 | 37.64 | 24.06 | -10.06 | 68.46 | 15.74 | -37.04 |
| 20Q3 (7) | 2.21 | 51.37 | 84.17 | 1.88 | 64.91 | 39.26 | 41.20 | -33.75 | -45.55 | 48.29 | -39.54 | -28.27 | 30.34 | -31.2 | -23.58 | 59.15 | -39.62 | -42.73 |
| 20Q2 (6) | 1.46 | 43.14 | 35.19 | 1.14 | 14.0 | 14.0 | 62.19 | -30.51 | -26.42 | 79.87 | -12.55 | -12.63 | 44.10 | -20.05 | 4.55 | 97.97 | -22.05 | -26.76 |
| 20Q1 (5) | 1.02 | -3.77 | -4.67 | 1.00 | -28.57 | 9.89 | 89.50 | 4.47 | 5.67 | 91.33 | 40.68 | -8.62 | 55.16 | 31.8 | 26.46 | 125.68 | 15.58 | -10.88 |
| 19Q4 (4) | 1.06 | -11.67 | 0.0 | 1.40 | 3.7 | 0.0 | 85.67 | 13.22 | 0.0 | 64.92 | -3.57 | 0.0 | 41.85 | 5.42 | 0.0 | 108.74 | 5.29 | 0.0 |
| 19Q3 (3) | 1.20 | 11.11 | 0.0 | 1.35 | 35.0 | 0.0 | 75.67 | -10.47 | 0.0 | 67.32 | -26.36 | 0.0 | 39.70 | -5.88 | 0.0 | 103.28 | -22.79 | 0.0 |
| 19Q2 (2) | 1.08 | 0.93 | 0.0 | 1.00 | 9.89 | 0.0 | 84.52 | -0.21 | 0.0 | 91.42 | -8.53 | 0.0 | 42.18 | -3.3 | 0.0 | 133.77 | -5.14 | 0.0 |
| 19Q1 (1) | 1.07 | 0.0 | 0.0 | 0.91 | 0.0 | 0.0 | 84.70 | 0.0 | 0.0 | 99.94 | 0.0 | 0.0 | 43.62 | 0.0 | 0.0 | 141.02 | 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) | 4.85 | 5.21 | 6.38 | 64.01 | 75.28 | -4.97 | 57.19 | -38.98 | 26.28 | -41.94 | 106.18 | -16.85 |
| 2022 (9) | 4.61 | -5.34 | 3.89 | -15.25 | 79.22 | 5.77 | 93.73 | 17.85 | 45.26 | -15.0 | 127.69 | 26.2 |
| 2021 (8) | 4.87 | -3.75 | 4.59 | -30.35 | 74.90 | 3.93 | 79.53 | 43.63 | 53.25 | 35.19 | 101.18 | 14.91 |
| 2020 (7) | 5.06 | 19.62 | 6.59 | 48.09 | 72.07 | -16.45 | 55.37 | -32.51 | 39.39 | -5.7 | 88.05 | -30.41 |
| 2019 (6) | 4.23 | -13.85 | 4.45 | 17.11 | 86.26 | 15.97 | 82.04 | -14.7 | 41.77 | -0.95 | 126.53 | -1.46 |
| 2018 (5) | 4.91 | 12.36 | 3.80 | 0.0 | 74.38 | -11.04 | 96.18 | 0.06 | 42.17 | -10.52 | 128.40 | -3.16 |
| 2017 (4) | 4.37 | -24.78 | 3.80 | -8.43 | 83.61 | 33.12 | 96.12 | 9.34 | 47.13 | 21.41 | 132.59 | 18.49 |
| 2016 (3) | 5.81 | -5.68 | 4.15 | 22.06 | 62.81 | 5.94 | 87.91 | -18.0 | 38.82 | -11.63 | 111.90 | -8.71 |
| 2015 (2) | 6.16 | -11.49 | 3.40 | 7.59 | 59.29 | 13.06 | 107.21 | -7.31 | 43.93 | -10.49 | 122.57 | 2.97 |
| 2014 (1) | 6.96 | -32.36 | 3.16 | -13.42 | 52.44 | 47.84 | 115.67 | 15.6 | 49.08 | 1.24 | 119.03 | 36.75 |
