- 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) | 2.41 | -3.6 | 60.67 | 0.97 | -3.0 | 5.43 | 37.73 | 3.57 | -37.66 | 93.78 | 3.44 | -4.81 | 40.98 | -22.88 | 48.0 | 90.53 | 22.42 | -31.08 |
| 23Q3 (19) | 2.50 | 4.6 | 26.26 | 1.00 | -12.28 | -15.25 | 36.43 | -4.21 | -20.86 | 90.66 | 13.71 | 17.63 | 53.14 | 20.69 | 151.25 | 73.95 | 0.3 | -27.46 |
| 23Q2 (18) | 2.39 | 25.79 | 15.46 | 1.14 | -14.93 | 22.58 | 38.03 | -20.59 | -13.65 | 79.73 | 17.8 | -18.13 | 44.03 | 85.08 | 74.65 | 73.73 | -19.67 | -36.56 |
| 23Q1 (17) | 1.90 | 26.67 | -8.65 | 1.34 | 45.65 | 59.52 | 47.89 | -20.87 | 9.61 | 67.68 | -31.3 | -37.3 | 23.79 | -14.08 | -38.56 | 91.78 | -30.13 | -18.71 |
| 22Q4 (16) | 1.50 | -24.24 | -49.49 | 0.92 | -22.03 | -33.33 | 60.52 | 31.48 | 97.65 | 98.52 | 27.83 | 49.7 | 27.69 | 30.92 | -23.74 | 131.35 | 28.84 | 118.48 |
| 22Q3 (15) | 1.98 | -4.35 | -17.5 | 1.18 | 26.88 | -17.48 | 46.03 | 4.52 | 21.45 | 77.07 | -20.86 | 21.35 | 21.15 | -16.1 | -45.67 | 101.95 | -12.28 | 63.17 |
| 22Q2 (14) | 2.07 | -0.48 | 0.49 | 0.93 | 10.71 | -34.97 | 44.04 | 0.8 | -0.52 | 97.39 | -9.77 | 53.52 | 25.21 | -34.89 | -39.76 | 116.22 | 2.93 | 76.47 |
| 22Q1 (13) | 2.08 | -29.97 | 15.56 | 0.84 | -39.13 | -43.24 | 43.69 | 42.68 | -13.64 | 107.94 | 64.02 | 75.26 | 38.72 | 6.64 | -11.8 | 112.91 | 87.81 | 65.34 |
| 21Q4 (12) | 2.97 | 23.75 | 89.17 | 1.38 | -3.5 | -5.48 | 30.62 | -19.21 | -47.16 | 65.81 | 3.62 | 5.75 | 36.31 | -6.73 | -8.26 | 60.12 | -3.78 | -25.41 |
| 21Q3 (11) | 2.40 | 16.5 | 83.21 | 1.43 | 0.0 | 15.32 | 37.90 | -14.39 | -45.55 | 63.51 | 0.11 | -13.31 | 38.93 | -6.98 | -1.24 | 62.48 | -5.13 | -39.59 |
| 21Q2 (10) | 2.06 | 14.44 | 52.59 | 1.43 | -3.38 | 21.19 | 44.27 | -12.49 | -34.09 | 63.44 | 3.0 | -17.82 | 41.85 | -4.67 | 2.75 | 65.86 | -3.56 | -36.45 |
| 21Q1 (9) | 1.80 | 14.65 | 16.13 | 1.48 | 1.37 | 24.37 | 50.59 | -12.7 | -13.92 | 61.59 | -1.03 | -19.71 | 43.90 | 10.91 | -7.97 | 68.29 | -15.27 | -22.2 |
| 20Q4 (8) | 1.57 | 19.85 | -1.88 | 1.46 | 17.74 | 14.06 | 57.95 | -16.74 | 1.6 | 62.23 | -15.06 | -12.39 | 39.58 | 0.41 | -22.92 | 80.60 | -22.07 | 5.07 |
| 20Q3 (7) | 1.31 | -2.96 | -18.13 | 1.24 | 5.08 | -16.22 | 69.60 | 3.62 | 22.71 | 73.26 | -5.1 | 19.45 | 39.42 | -3.22 | -15.3 | 103.43 | -0.19 | 44.62 |
| 20Q2 (6) | 1.35 | -12.9 | -28.19 | 1.18 | -0.84 | -30.59 | 67.17 | 14.29 | 39.04 | 77.20 | 0.64 | 44.16 | 40.73 | -14.61 | 9.28 | 103.63 | 18.06 | 60.44 |
| 20Q1 (5) | 1.55 | -3.13 | -8.82 | 1.19 | -7.03 | -23.23 | 58.77 | 3.03 | 9.71 | 76.71 | 8.0 | 30.97 | 47.70 | -7.11 | 49.02 | 87.78 | 14.43 | 9.55 |
| 19Q4 (4) | 1.60 | 0.0 | 0.0 | 1.28 | -13.51 | 0.0 | 57.04 | 0.56 | 0.0 | 71.03 | 15.82 | 0.0 | 51.35 | 10.34 | 0.0 | 76.71 | 7.26 | 0.0 |
| 19Q3 (3) | 1.60 | -14.89 | 0.0 | 1.48 | -12.94 | 0.0 | 56.72 | 17.41 | 0.0 | 61.33 | 14.53 | 0.0 | 46.54 | 24.87 | 0.0 | 71.52 | 10.73 | 0.0 |
| 19Q2 (2) | 1.88 | 10.59 | 0.0 | 1.70 | 9.68 | 0.0 | 48.31 | -9.82 | 0.0 | 53.55 | -8.57 | 0.0 | 37.27 | 16.43 | 0.0 | 64.59 | -19.39 | 0.0 |
| 19Q1 (1) | 1.70 | 0.0 | 0.0 | 1.55 | 0.0 | 0.0 | 53.57 | 0.0 | 0.0 | 58.57 | 0.0 | 0.0 | 32.01 | 0.0 | 0.0 | 80.13 | 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) | 7.84 | -14.41 | 3.41 | -8.58 | 46.57 | 16.86 | 107.04 | 9.25 | 36.59 | -7.6 | 117.02 | 19.14 |
| 2022 (9) | 9.16 | -12.26 | 3.73 | -37.94 | 39.85 | 14.02 | 97.98 | 61.34 | 39.60 | 14.06 | 98.22 | 61.12 |
| 2021 (8) | 10.44 | 59.88 | 6.01 | 16.25 | 34.95 | -37.47 | 60.73 | -13.96 | 34.72 | -28.76 | 60.96 | -21.58 |
| 2020 (7) | 6.53 | 2.35 | 5.17 | 2.17 | 55.89 | -2.31 | 70.58 | -2.24 | 48.74 | 6.21 | 77.74 | -6.92 |
| 2019 (6) | 6.38 | -18.41 | 5.06 | -40.54 | 57.21 | 22.56 | 72.20 | 68.38 | 45.89 | 71.3 | 83.52 | 33.06 |
| 2018 (5) | 7.82 | -2.62 | 8.51 | 7.31 | 46.68 | 2.73 | 42.88 | -6.82 | 26.79 | -15.78 | 62.77 | 5.21 |
| 2017 (4) | 8.03 | -15.12 | 7.93 | 19.43 | 45.44 | 17.75 | 46.02 | -16.31 | 31.81 | -24.92 | 59.66 | 16.5 |
| 2016 (3) | 9.46 | -38.69 | 6.64 | -20.67 | 38.59 | 63.1 | 54.99 | 26.04 | 42.37 | 30.93 | 51.21 | 46.61 |
| 2015 (2) | 15.43 | 2.32 | 8.37 | 2.57 | 23.66 | -2.23 | 43.63 | -2.42 | 32.36 | 15.41 | 34.93 | -14.53 |
| 2014 (1) | 15.08 | 59.24 | 8.16 | 33.99 | 24.20 | -37.24 | 44.71 | -25.36 | 28.04 | 17.57 | 40.87 | -45.21 |
