- 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) | 1.58 | 8.22 | 12.86 | 2.46 | 22.39 | 30.85 | 57.70 | -7.74 | -11.39 | 37.02 | -18.12 | -23.35 | 11.10 | 18.72 | -49.73 | 83.62 | -15.01 | -8.45 |
| 23Q3 (19) | 1.46 | 10.61 | -0.68 | 2.01 | 3.61 | 11.05 | 62.54 | -9.36 | 1.12 | 45.21 | -3.54 | -9.99 | 9.35 | -7.52 | -66.74 | 98.39 | -6.97 | 17.17 |
| 23Q2 (18) | 1.32 | 7.32 | -9.59 | 1.94 | 0.0 | -2.02 | 69.00 | -6.95 | 10.97 | 46.87 | 0.0 | 2.05 | 10.11 | -39.68 | -67.91 | 105.76 | 1.44 | 38.07 |
| 23Q1 (17) | 1.23 | -12.14 | -16.33 | 1.94 | 3.19 | -17.09 | 74.15 | 13.87 | 19.83 | 46.87 | -2.96 | 20.74 | 16.76 | -24.09 | -39.56 | 104.26 | 14.14 | 42.9 |
| 22Q4 (16) | 1.40 | -4.76 | -4.76 | 1.88 | 3.87 | -23.27 | 65.12 | 5.29 | 5.32 | 48.30 | -3.84 | 30.22 | 22.08 | -21.45 | -10.39 | 91.34 | 8.78 | 22.98 |
| 22Q3 (15) | 1.47 | 0.68 | 3.52 | 1.81 | -8.59 | -30.92 | 61.85 | -0.53 | -3.31 | 50.23 | 9.36 | 44.88 | 28.11 | -10.79 | 26.56 | 83.97 | 9.62 | 9.87 |
| 22Q2 (14) | 1.46 | -0.68 | 2.82 | 1.98 | -15.38 | -24.71 | 62.18 | 0.48 | -2.93 | 45.93 | 18.32 | 32.94 | 31.51 | 13.63 | 35.76 | 76.60 | 4.99 | 1.6 |
| 22Q1 (13) | 1.47 | 0.0 | -2.65 | 2.34 | -4.49 | -22.77 | 61.88 | 0.08 | 2.91 | 38.82 | 4.66 | 29.4 | 27.73 | 12.54 | 28.38 | 72.96 | -1.76 | 6.46 |
| 21Q4 (12) | 1.47 | 3.52 | 1.38 | 2.45 | -6.49 | -22.47 | 61.83 | -3.35 | -1.34 | 37.09 | 6.98 | 28.61 | 24.64 | 10.94 | 2.2 | 74.27 | -2.83 | 10.19 |
| 21Q3 (11) | 1.42 | 0.0 | -1.39 | 2.62 | -0.38 | -26.82 | 63.97 | -0.14 | 1.35 | 34.67 | 0.35 | 36.44 | 22.21 | -4.31 | 1.6 | 76.43 | 1.38 | 14.62 |
| 21Q2 (10) | 1.42 | -5.96 | 3.65 | 2.63 | -13.2 | -28.14 | 64.06 | 6.54 | -3.58 | 34.55 | 15.17 | 38.76 | 23.21 | 7.45 | 2.56 | 75.39 | 10.01 | 9.72 |
| 21Q1 (9) | 1.51 | 4.14 | 7.86 | 3.03 | -4.11 | -28.71 | 60.13 | -4.05 | -7.35 | 30.00 | 4.02 | 40.25 | 21.60 | -10.41 | -0.87 | 68.53 | 1.68 | 6.26 |
| 20Q4 (8) | 1.45 | 0.69 | 17.89 | 3.16 | -11.73 | -31.9 | 62.67 | -0.71 | -15.27 | 28.84 | 13.5 | 47.14 | 24.11 | 10.29 | 15.75 | 67.40 | 1.08 | -7.33 |
| 20Q3 (7) | 1.44 | 5.11 | 15.2 | 3.58 | -2.19 | -25.73 | 63.12 | -5.0 | -13.43 | 25.41 | 2.05 | 34.59 | 21.86 | -3.4 | 15.97 | 66.68 | -2.95 | -8.58 |
| 20Q2 (6) | 1.37 | -2.14 | -4.86 | 3.66 | -13.88 | -14.08 | 66.44 | 2.37 | 5.06 | 24.90 | 16.41 | 16.63 | 22.63 | 3.85 | 27.42 | 68.71 | 6.54 | 2.83 |
| 20Q1 (5) | 1.40 | 13.82 | 0.0 | 4.25 | -8.41 | 13.64 | 64.90 | -12.25 | -0.46 | 21.39 | 9.13 | -12.16 | 21.79 | 4.61 | 5.57 | 64.49 | -11.33 | -6.43 |
| 19Q4 (4) | 1.23 | -1.6 | 0.0 | 4.64 | -3.73 | 0.0 | 73.96 | 1.44 | 0.0 | 19.60 | 3.81 | 0.0 | 20.83 | 10.5 | 0.0 | 72.73 | -0.29 | 0.0 |
| 19Q3 (3) | 1.25 | -13.19 | 0.0 | 4.82 | 13.15 | 0.0 | 72.91 | 15.29 | 0.0 | 18.88 | -11.57 | 0.0 | 18.85 | 6.14 | 0.0 | 72.94 | 9.16 | 0.0 |
| 19Q2 (2) | 1.44 | 2.86 | 0.0 | 4.26 | 13.9 | 0.0 | 63.24 | -3.01 | 0.0 | 21.35 | -12.32 | 0.0 | 17.76 | -13.95 | 0.0 | 66.82 | -3.05 | 0.0 |
| 19Q1 (1) | 1.40 | 0.0 | 0.0 | 3.74 | 0.0 | 0.0 | 65.20 | 0.0 | 0.0 | 24.35 | 0.0 | 0.0 | 20.64 | 0.0 | 0.0 | 68.92 | 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) | 4.73 | -19.83 | 8.57 | -9.88 | 77.10 | 24.66 | 42.57 | 10.97 | 16.76 | -21.57 | 102.91 | 30.53 |
| 2022 (9) | 5.90 | -1.5 | 9.51 | -14.86 | 61.85 | 1.48 | 38.36 | 17.34 | 21.37 | -9.1 | 78.84 | 12.42 |
| 2021 (8) | 5.99 | 7.54 | 11.17 | -24.48 | 60.95 | -7.03 | 32.69 | 32.46 | 23.51 | 11.21 | 70.13 | 1.49 |
| 2020 (7) | 5.57 | 1.64 | 14.79 | -9.15 | 65.56 | -1.64 | 24.68 | 10.08 | 21.14 | 0.14 | 69.10 | 1.69 |
| 2019 (6) | 5.48 | -3.69 | 16.28 | 53.58 | 66.65 | 3.85 | 22.42 | -34.86 | 21.11 | 0.72 | 67.95 | -12.48 |
| 2018 (5) | 5.69 | 12.9 | 10.60 | 54.97 | 64.18 | -11.3 | 34.42 | -35.54 | 20.96 | -5.67 | 77.64 | -25.01 |
| 2017 (4) | 5.04 | -1.56 | 6.84 | 5.23 | 72.36 | 1.49 | 53.40 | -4.85 | 22.22 | 10.77 | 103.54 | -3.55 |
| 2016 (3) | 5.12 | 5.13 | 6.50 | 6.04 | 71.30 | -4.92 | 56.12 | -5.82 | 20.06 | -3.6 | 107.35 | -5.64 |
| 2015 (2) | 4.87 | -8.63 | 6.13 | -15.68 | 74.99 | 9.44 | 59.59 | 18.75 | 20.81 | 4.15 | 113.77 | 15.26 |
| 2014 (1) | 5.33 | 3.9 | 7.27 | -21.24 | 68.52 | -3.63 | 50.18 | 26.94 | 19.98 | 9.0 | 98.71 | 6.93 |
