- 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) | 2.29 | 9.57 | 21.16 | 2.23 | 11.5 | 61.59 | 39.73 | -8.75 | -17.49 | 40.86 | -10.12 | -38.12 | 7.31 | -10.85 | -36.21 | 73.28 | -9.31 | -28.66 |
| 23Q3 (19) | 2.09 | -12.92 | 10.0 | 2.00 | 13.64 | 66.67 | 43.54 | 14.88 | -9.05 | 45.46 | -12.05 | -40.14 | 8.20 | -0.97 | -39.44 | 80.80 | -0.63 | -26.73 |
| 23Q2 (18) | 2.40 | 49.07 | 11.63 | 1.76 | 60.0 | 15.79 | 37.90 | -33.03 | -10.25 | 51.69 | -37.53 | -13.68 | 8.28 | -37.56 | -21.07 | 81.31 | -35.5 | -11.25 |
| 23Q1 (17) | 1.61 | -14.81 | -38.08 | 1.10 | -20.29 | -44.72 | 56.59 | 17.53 | 61.41 | 82.74 | 25.31 | 80.93 | 13.26 | 15.71 | 64.93 | 126.06 | 22.72 | 73.28 |
| 22Q4 (16) | 1.89 | -0.53 | -29.74 | 1.38 | 15.0 | -26.98 | 48.15 | 0.58 | 42.16 | 66.03 | -13.06 | 37.48 | 11.46 | -15.36 | 7.61 | 102.72 | -6.85 | 44.17 |
| 22Q3 (15) | 1.90 | -11.63 | -31.41 | 1.20 | -21.05 | -50.21 | 47.87 | 13.36 | 45.81 | 75.95 | 26.84 | 101.46 | 13.54 | 29.08 | 41.48 | 110.27 | 20.36 | 80.92 |
| 22Q2 (14) | 2.15 | -17.31 | -12.6 | 1.52 | -23.62 | -48.65 | 42.23 | 20.45 | 13.95 | 59.88 | 30.94 | 94.92 | 10.49 | 30.47 | 51.15 | 91.62 | 25.94 | 50.57 |
| 22Q1 (13) | 2.60 | -3.35 | 1.56 | 1.99 | 5.29 | -40.77 | 35.06 | 3.51 | -1.41 | 45.73 | -4.79 | 68.75 | 8.04 | -24.51 | 56.12 | 72.75 | 2.11 | 26.5 |
| 21Q4 (12) | 2.69 | -2.89 | 11.16 | 1.89 | -21.58 | -44.9 | 33.87 | 3.17 | -9.78 | 48.03 | 27.4 | 80.9 | 10.65 | 11.29 | 104.81 | 71.25 | 16.9 | 20.99 |
| 21Q3 (11) | 2.77 | 12.6 | 18.88 | 2.41 | -18.58 | -27.19 | 32.83 | -11.41 | -15.93 | 37.70 | 22.72 | 37.34 | 9.57 | 37.9 | 27.26 | 60.95 | 0.16 | 3.34 |
| 21Q2 (10) | 2.46 | -3.91 | 27.46 | 2.96 | -11.9 | 8.82 | 37.06 | 4.22 | -21.33 | 30.72 | 13.36 | -8.27 | 6.94 | 34.76 | -21.85 | 60.85 | 5.81 | -15.14 |
| 21Q1 (9) | 2.56 | 5.79 | 15.84 | 3.36 | -2.04 | -12.73 | 35.56 | -5.27 | -13.48 | 27.10 | 2.07 | 14.68 | 5.15 | -0.96 | -24.38 | 57.51 | -2.34 | -0.71 |
| 20Q4 (8) | 2.42 | 3.86 | 10.5 | 3.43 | 3.63 | -28.99 | 37.54 | -3.87 | -9.45 | 26.55 | -3.28 | 40.92 | 5.20 | -30.85 | -30.57 | 58.89 | -0.15 | 11.51 |
| 20Q3 (7) | 2.33 | 20.73 | -6.43 | 3.31 | 21.69 | -31.61 | 39.05 | -17.11 | 6.84 | 27.45 | -18.04 | 46.01 | 7.52 | -15.32 | 20.71 | 58.98 | -17.75 | 20.05 |
| 20Q2 (6) | 1.93 | -12.67 | -12.27 | 2.72 | -29.35 | -4.9 | 47.11 | 14.62 | 14.12 | 33.49 | 41.73 | 5.41 | 8.88 | 30.4 | 5.46 | 71.71 | 23.81 | 10.95 |
| 20Q1 (5) | 2.21 | 0.91 | 38.12 | 3.85 | -20.29 | 60.42 | 41.10 | -0.87 | -27.81 | 23.63 | 25.42 | -37.72 | 6.81 | -9.08 | -49.07 | 57.92 | 9.68 | -28.94 |
| 19Q4 (4) | 2.19 | -12.05 | 0.0 | 4.83 | -0.21 | 0.0 | 41.46 | 13.43 | 0.0 | 18.84 | 0.21 | 0.0 | 7.49 | 20.22 | 0.0 | 52.81 | 7.49 | 0.0 |
| 19Q3 (3) | 2.49 | 13.18 | 0.0 | 4.84 | 69.23 | 0.0 | 36.55 | -11.46 | 0.0 | 18.80 | -40.82 | 0.0 | 6.23 | -26.01 | 0.0 | 49.13 | -23.98 | 0.0 |
| 19Q2 (2) | 2.20 | 37.5 | 0.0 | 2.86 | 19.17 | 0.0 | 41.28 | -27.49 | 0.0 | 31.77 | -16.26 | 0.0 | 8.42 | -37.02 | 0.0 | 64.63 | -20.71 | 0.0 |
| 19Q1 (1) | 1.60 | 0.0 | 0.0 | 2.40 | 0.0 | 0.0 | 56.93 | 0.0 | 0.0 | 37.94 | 0.0 | 0.0 | 13.37 | 0.0 | 0.0 | 81.51 | 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) | 7.78 | -15.71 | 6.59 | 0.46 | 46.91 | 18.61 | 55.35 | -0.47 | 9.15 | -4.89 | 93.11 | 8.85 |
| 2022 (9) | 9.23 | -16.55 | 6.56 | -28.46 | 39.55 | 19.81 | 55.61 | 39.72 | 9.62 | 41.47 | 85.54 | 29.61 |
| 2021 (8) | 11.06 | 21.27 | 9.17 | -24.71 | 33.01 | -17.56 | 39.80 | 32.76 | 6.80 | 3.98 | 66.00 | 3.99 |
| 2020 (7) | 9.12 | 13.43 | 12.18 | -10.57 | 40.04 | -11.77 | 29.98 | 11.87 | 6.54 | -35.25 | 63.47 | 2.24 |
| 2019 (6) | 8.04 | -25.0 | 13.62 | -9.56 | 45.38 | 33.27 | 26.80 | 10.61 | 10.10 | 20.1 | 62.08 | 24.48 |
| 2018 (5) | 10.72 | 22.51 | 15.06 | 17.38 | 34.05 | -18.38 | 24.23 | -14.83 | 8.41 | -11.01 | 49.87 | -17.88 |
| 2017 (4) | 8.75 | -9.7 | 12.83 | -29.78 | 41.72 | 10.78 | 28.45 | 42.39 | 9.45 | 17.54 | 60.73 | 22.44 |
| 2016 (3) | 9.69 | -24.83 | 18.27 | -12.71 | 37.66 | 32.98 | 19.98 | 14.56 | 8.04 | 14.2 | 49.60 | 28.1 |
| 2015 (2) | 12.89 | 9.05 | 20.93 | 49.39 | 28.32 | -8.32 | 17.44 | -33.05 | 7.04 | -14.25 | 38.72 | -20.54 |
| 2014 (1) | 11.82 | 27.23 | 14.01 | 27.6 | 30.89 | -21.34 | 26.05 | -21.65 | 8.21 | -36.06 | 48.73 | -18.35 |
