- 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) | 0.83 | -11.7 | -1.19 | 1.35 | -21.05 | -3.57 | 110.16 | 13.59 | 1.33 | 67.42 | 26.78 | 3.71 | 91.69 | 13.53 | -6.66 | 85.89 | 23.76 | 13.78 |
| 23Q3 (19) | 0.94 | 16.05 | 22.08 | 1.71 | 11.76 | 4.91 | 96.98 | -13.96 | -17.79 | 53.18 | -10.56 | -4.75 | 80.76 | -3.01 | -17.19 | 69.40 | -21.93 | -9.02 |
| 23Q2 (18) | 0.81 | 3.85 | -12.9 | 1.53 | 15.91 | -21.13 | 112.71 | -3.63 | 15.14 | 59.46 | -13.45 | 27.0 | 83.27 | -12.65 | 6.0 | 88.90 | -1.57 | 34.39 |
| 23Q1 (17) | 0.78 | -7.14 | -17.02 | 1.32 | -5.71 | -10.81 | 116.96 | 7.59 | 20.23 | 68.70 | 5.68 | 11.91 | 95.33 | -2.95 | 6.97 | 90.32 | 19.64 | 29.86 |
| 22Q4 (16) | 0.84 | 9.09 | 7.69 | 1.40 | -14.11 | -8.5 | 108.71 | -7.85 | -6.27 | 65.01 | 16.44 | 9.04 | 98.23 | 0.73 | -1.17 | 75.49 | -1.04 | -0.94 |
| 22Q3 (15) | 0.77 | -17.2 | -8.33 | 1.63 | -15.98 | -16.84 | 117.97 | 20.51 | 9.29 | 55.83 | 19.24 | 20.48 | 97.52 | 24.13 | 3.58 | 76.28 | 15.31 | 26.86 |
| 22Q2 (14) | 0.93 | -1.06 | -15.45 | 1.94 | 31.08 | -11.42 | 97.89 | 0.63 | 18.3 | 46.82 | -23.73 | 12.58 | 78.56 | -11.85 | 4.87 | 66.15 | -4.89 | 33.83 |
| 22Q1 (13) | 0.94 | 20.51 | 1.08 | 1.48 | -3.27 | -10.3 | 97.28 | -16.12 | -0.18 | 61.39 | 2.97 | 11.11 | 89.12 | -10.33 | 7.15 | 69.55 | -8.74 | 0.03 |
| 21Q4 (12) | 0.78 | -7.14 | -14.29 | 1.53 | -21.94 | -4.38 | 115.98 | 7.45 | 15.76 | 59.62 | 28.66 | 5.11 | 99.39 | 5.57 | 15.48 | 76.21 | 26.74 | 7.6 |
| 21Q3 (11) | 0.84 | -23.64 | -2.33 | 1.96 | -10.5 | 15.29 | 107.94 | 30.44 | 2.38 | 46.34 | 11.42 | -13.24 | 94.15 | 25.68 | 10.49 | 60.13 | 21.65 | -18.35 |
| 21Q2 (10) | 1.10 | 18.28 | -0.9 | 2.19 | 32.73 | 19.67 | 82.75 | -15.09 | 1.16 | 41.59 | -24.72 | -16.57 | 74.91 | -9.93 | 3.38 | 49.43 | -28.91 | -16.49 |
| 21Q1 (9) | 0.93 | 2.2 | 24.0 | 1.65 | 3.12 | 38.66 | 97.46 | -2.72 | -19.77 | 55.25 | -2.59 | -27.67 | 83.17 | -3.37 | -22.33 | 69.53 | -1.84 | -23.41 |
| 20Q4 (8) | 0.91 | 5.81 | -3.19 | 1.60 | -5.88 | -9.6 | 100.19 | -4.97 | 3.45 | 56.72 | 6.2 | 10.14 | 86.07 | 1.01 | 0.95 | 70.83 | -3.82 | 12.29 |
| 20Q3 (7) | 0.86 | -22.52 | -11.34 | 1.70 | -7.1 | -14.14 | 105.43 | 28.89 | 12.55 | 53.41 | 7.14 | 16.46 | 85.21 | 17.6 | 13.55 | 73.64 | 24.41 | 14.19 |
| 20Q2 (6) | 1.11 | 48.0 | 20.65 | 1.83 | 53.78 | 1.1 | 81.80 | -32.66 | -17.47 | 49.85 | -34.74 | -0.72 | 72.46 | -32.33 | -2.45 | 59.19 | -34.8 | -21.13 |
| 20Q1 (5) | 0.75 | -20.21 | -15.73 | 1.19 | -32.77 | -28.74 | 121.47 | 25.42 | 18.88 | 76.39 | 48.33 | 40.06 | 107.08 | 25.59 | 23.86 | 90.78 | 43.91 | 29.17 |
| 19Q4 (4) | 0.94 | -3.09 | 0.0 | 1.77 | -10.61 | 0.0 | 96.85 | 3.39 | 0.0 | 51.50 | 12.3 | 0.0 | 85.26 | 13.62 | 0.0 | 63.08 | -2.19 | 0.0 |
| 19Q3 (3) | 0.97 | 5.43 | 0.0 | 1.98 | 9.39 | 0.0 | 93.67 | -5.5 | 0.0 | 45.86 | -8.66 | 0.0 | 75.04 | 1.02 | 0.0 | 64.49 | -14.07 | 0.0 |
| 19Q2 (2) | 0.92 | 3.37 | 0.0 | 1.81 | 8.38 | 0.0 | 99.12 | -2.99 | 0.0 | 50.21 | -7.94 | 0.0 | 74.28 | -14.08 | 0.0 | 75.05 | 6.79 | 0.0 |
| 19Q1 (1) | 0.89 | 0.0 | 0.0 | 1.67 | 0.0 | 0.0 | 102.18 | 0.0 | 0.0 | 54.54 | 0.0 | 0.0 | 86.45 | 0.0 | 0.0 | 70.28 | 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) | 3.49 | -15.29 | 5.17 | -21.19 | 104.64 | 18.1 | 70.65 | 26.91 | 92.93 | 15.83 | 82.37 | 28.64 |
| 2022 (9) | 4.12 | -2.83 | 6.56 | -4.37 | 88.60 | 2.95 | 55.67 | 4.7 | 80.23 | 2.82 | 64.03 | 4.61 |
| 2021 (8) | 4.24 | 15.85 | 6.86 | 9.76 | 86.06 | -13.8 | 53.17 | -8.97 | 78.03 | -12.59 | 61.21 | -11.28 |
| 2020 (7) | 3.66 | 7.65 | 6.25 | -0.48 | 99.84 | -7.08 | 58.41 | 0.57 | 89.27 | -4.63 | 68.99 | -4.07 |
| 2019 (6) | 3.40 | -3.41 | 6.28 | -13.62 | 107.45 | 3.63 | 58.08 | 15.7 | 93.60 | -0.45 | 71.92 | 20.13 |
| 2018 (5) | 3.52 | -4.35 | 7.27 | -2.94 | 103.69 | 4.52 | 50.20 | 3.06 | 94.02 | -1.91 | 59.87 | 14.96 |
| 2017 (4) | 3.68 | -12.38 | 7.49 | 16.67 | 99.21 | 14.09 | 48.71 | -14.3 | 95.85 | 24.27 | 52.08 | -21.88 |
| 2016 (3) | 4.20 | 5.0 | 6.42 | 17.8 | 86.96 | -4.73 | 56.84 | -15.19 | 77.13 | -5.32 | 66.67 | -13.24 |
| 2015 (2) | 4.00 | 0.76 | 5.45 | -6.68 | 91.28 | -0.66 | 67.02 | 7.23 | 81.46 | -19.17 | 76.84 | 43.3 |
| 2014 (1) | 3.97 | 6.72 | 5.84 | -2.67 | 91.89 | -6.27 | 62.50 | 2.76 | 100.78 | -2.5 | 53.62 | -3.39 |
