- 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) | 1.07 | -12.3 | -4.46 | 0.65 | -15.58 | 58.54 | 85.37 | 14.05 | 5.46 | 140.98 | 19.27 | -36.04 | 59.17 | 16.68 | 24.86 | 167.17 | 17.44 | -34.18 |
| 23Q3 (19) | 1.22 | -2.4 | 29.79 | 0.77 | 20.31 | 120.0 | 74.85 | 3.08 | -22.3 | 118.20 | -16.49 | -53.93 | 50.71 | 15.72 | -39.92 | 142.34 | -16.43 | -46.99 |
| 23Q2 (18) | 1.25 | 2.46 | 17.92 | 0.64 | 33.33 | 30.61 | 72.61 | -2.62 | -15.67 | 141.54 | -25.59 | -24.2 | 43.82 | 11.96 | -43.26 | 170.33 | -24.51 | -12.91 |
| 23Q1 (17) | 1.22 | 8.93 | 8.93 | 0.48 | 17.07 | -18.64 | 74.56 | -7.89 | -8.32 | 190.21 | -13.71 | 23.88 | 39.14 | -17.41 | -44.59 | 225.63 | -11.16 | 37.39 |
| 22Q4 (16) | 1.12 | 19.15 | 2.75 | 0.41 | 17.14 | -32.79 | 80.95 | -15.97 | -2.68 | 220.42 | -14.1 | 47.66 | 47.39 | -43.86 | -45.18 | 253.98 | -5.41 | 73.95 |
| 22Q3 (15) | 0.94 | -11.32 | -22.95 | 0.35 | -28.57 | -57.83 | 96.33 | 11.88 | 29.06 | 256.59 | 37.42 | 132.73 | 84.41 | 9.3 | 6.1 | 268.51 | 37.29 | 154.9 |
| 22Q2 (14) | 1.06 | -5.36 | -14.52 | 0.49 | -16.95 | -52.43 | 86.10 | 5.86 | 17.21 | 186.72 | 21.61 | 110.41 | 77.23 | 9.33 | 8.68 | 195.58 | 19.1 | 114.62 |
| 22Q1 (13) | 1.12 | 2.75 | -9.68 | 0.59 | -3.28 | -48.7 | 81.33 | -2.22 | 11.03 | 153.54 | 2.85 | 93.96 | 70.64 | -18.29 | 5.26 | 164.22 | 12.47 | 92.54 |
| 21Q4 (12) | 1.09 | -10.66 | -10.66 | 0.61 | -26.51 | -49.17 | 83.18 | 11.44 | 11.26 | 149.28 | 35.4 | 97.3 | 86.45 | 8.66 | 24.17 | 146.01 | 38.61 | 80.71 |
| 21Q3 (11) | 1.22 | -1.61 | -8.96 | 0.83 | -19.42 | -35.16 | 74.64 | 1.61 | 9.52 | 110.25 | 24.24 | 55.11 | 79.56 | 11.96 | 22.89 | 105.34 | 15.59 | 41.4 |
| 21Q2 (10) | 1.24 | 0.0 | 5.08 | 1.03 | -10.43 | -8.04 | 73.46 | 0.29 | -4.35 | 88.74 | 12.1 | 9.0 | 71.06 | 5.89 | 4.7 | 91.13 | 6.85 | 0.87 |
| 21Q1 (9) | 1.24 | 1.64 | 8.77 | 1.15 | -4.17 | 1.77 | 73.25 | -2.02 | -8.44 | 79.16 | 4.63 | -2.07 | 67.11 | -3.61 | 3.74 | 85.29 | 5.56 | -11.29 |
| 20Q4 (8) | 1.22 | -8.96 | 11.93 | 1.20 | -6.25 | 5.26 | 74.76 | 9.7 | -10.76 | 75.66 | 6.44 | -5.43 | 69.62 | 7.54 | 5.4 | 80.80 | 8.46 | -17.31 |
| 20Q3 (7) | 1.34 | 13.56 | 24.07 | 1.28 | 14.29 | 11.3 | 68.15 | -11.26 | -18.93 | 71.08 | -12.69 | -9.89 | 64.74 | -4.61 | 0.89 | 74.50 | -17.53 | -24.57 |
| 20Q2 (6) | 1.18 | 3.51 | 19.19 | 1.12 | -0.88 | 9.8 | 76.80 | -4.0 | -16.3 | 81.41 | 0.72 | -8.91 | 67.87 | 4.92 | -0.19 | 90.34 | -6.04 | -20.14 |
| 20Q1 (5) | 1.14 | 4.59 | 21.28 | 1.13 | -0.88 | 17.71 | 80.00 | -4.5 | -17.07 | 80.83 | 1.04 | -14.84 | 64.69 | -2.06 | -14.79 | 96.15 | -1.61 | -16.73 |
| 19Q4 (4) | 1.09 | 0.93 | 0.0 | 1.14 | -0.87 | 0.0 | 83.77 | -0.34 | 0.0 | 80.00 | 1.42 | 0.0 | 66.05 | 2.93 | 0.0 | 97.72 | -1.06 | 0.0 |
| 19Q3 (3) | 1.08 | 9.09 | 0.0 | 1.15 | 12.75 | 0.0 | 84.06 | -8.39 | 0.0 | 78.88 | -11.74 | 0.0 | 64.17 | -5.63 | 0.0 | 98.77 | -12.69 | 0.0 |
| 19Q2 (2) | 0.99 | 5.32 | 0.0 | 1.02 | 6.25 | 0.0 | 91.76 | -4.88 | 0.0 | 89.37 | -5.85 | 0.0 | 68.00 | -10.43 | 0.0 | 113.13 | -2.03 | 0.0 |
| 19Q1 (1) | 0.94 | 0.0 | 0.0 | 0.96 | 0.0 | 0.0 | 96.47 | 0.0 | 0.0 | 94.92 | 0.0 | 0.0 | 75.92 | 0.0 | 0.0 | 115.47 | 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) | 5.55 | 15.62 | 2.31 | 14.36 | 65.80 | -13.53 | 158.25 | -12.33 | 39.77 | -33.36 | 184.28 | -6.41 |
| 2022 (9) | 4.80 | -2.64 | 2.02 | -34.2 | 76.10 | 2.8 | 180.50 | 51.91 | 59.68 | -21.63 | 196.91 | 68.73 |
| 2021 (8) | 4.93 | 3.57 | 3.07 | -34.26 | 74.03 | -3.36 | 118.82 | 52.02 | 76.15 | 14.17 | 116.70 | 32.52 |
| 2020 (7) | 4.76 | 11.48 | 4.67 | 7.11 | 76.60 | -10.41 | 78.16 | -6.62 | 66.70 | -4.4 | 88.06 | -11.44 |
| 2019 (6) | 4.27 | 16.99 | 4.36 | 3.07 | 85.50 | -14.39 | 83.70 | -2.9 | 69.77 | -5.45 | 99.43 | -11.44 |
| 2018 (5) | 3.65 | 20.86 | 4.23 | 6.55 | 99.87 | -17.36 | 86.20 | -6.21 | 73.79 | -20.88 | 112.28 | -6.04 |
| 2017 (4) | 3.02 | -5.33 | 3.97 | 0.25 | 120.85 | 5.51 | 91.91 | -0.25 | 93.26 | -2.77 | 119.50 | 7.89 |
| 2016 (3) | 3.19 | -15.16 | 3.96 | -3.88 | 114.54 | 18.08 | 92.14 | 4.12 | 95.92 | 28.17 | 110.76 | 0.1 |
| 2015 (2) | 3.76 | -15.51 | 4.12 | -16.26 | 97.00 | 18.25 | 88.49 | 19.27 | 74.84 | 10.6 | 110.65 | 24.96 |
| 2014 (1) | 4.45 | 9.61 | 4.92 | 1.86 | 82.03 | -8.66 | 74.19 | -1.85 | 67.67 | -7.58 | 88.55 | -3.95 |
