- 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) | 1.64 | 54.72 | 67.35 | 1.75 | 110.84 | 118.75 | 55.51 | -35.3 | -40.32 | 51.93 | -52.89 | -54.61 | 67.55 | -38.42 | -35.8 | 39.89 | -53.79 | -60.97 |
| 23Q3 (19) | 1.06 | -17.83 | 3.92 | 0.83 | -4.6 | 2.47 | 85.79 | 21.76 | -4.1 | 110.23 | 5.95 | -2.12 | 109.70 | 26.7 | 0.08 | 86.32 | -1.81 | -6.65 |
| 23Q2 (18) | 1.29 | 55.42 | 20.56 | 0.87 | 47.46 | 8.75 | 70.46 | -35.82 | -17.0 | 104.04 | -32.81 | -8.63 | 86.58 | -26.85 | -19.94 | 87.91 | -39.9 | -3.0 |
| 23Q1 (17) | 0.83 | -15.31 | -6.74 | 0.59 | -26.25 | -7.81 | 109.78 | 18.03 | 7.89 | 154.84 | 35.33 | 9.39 | 118.36 | 12.5 | -23.98 | 146.27 | 43.11 | 66.96 |
| 22Q4 (16) | 0.98 | -3.92 | -10.91 | 0.80 | -1.23 | -18.37 | 93.01 | 3.97 | 12.84 | 114.42 | 1.6 | 23.15 | 105.21 | -4.01 | -10.38 | 102.21 | 10.53 | 76.38 |
| 22Q3 (15) | 1.02 | -4.67 | -12.82 | 0.81 | 1.25 | -26.36 | 89.46 | 5.38 | 14.59 | 112.62 | -1.1 | 36.54 | 109.61 | 1.36 | 4.18 | 92.47 | 2.03 | 67.09 |
| 22Q2 (14) | 1.07 | 20.22 | -9.32 | 0.80 | 25.0 | -27.93 | 84.89 | -16.57 | 10.4 | 113.87 | -19.55 | 38.46 | 108.14 | -30.54 | 4.49 | 90.63 | 3.45 | 62.89 |
| 22Q1 (13) | 0.89 | -19.09 | -13.59 | 0.64 | -34.69 | -32.63 | 101.75 | 23.44 | 15.0 | 141.55 | 52.35 | 47.93 | 155.69 | 32.63 | 26.89 | 87.61 | 51.18 | 42.55 |
| 21Q4 (12) | 1.10 | -5.98 | 2.8 | 0.98 | -10.91 | -8.41 | 82.43 | 5.58 | -3.16 | 92.91 | 12.65 | 8.76 | 117.39 | 11.58 | -7.38 | 57.95 | 4.72 | 32.28 |
| 21Q3 (11) | 1.17 | -0.85 | 1.74 | 1.10 | -0.9 | -19.71 | 78.07 | 1.53 | -0.94 | 82.48 | 0.29 | 23.99 | 105.21 | 1.66 | -6.64 | 55.34 | -0.54 | 69.55 |
| 21Q2 (10) | 1.18 | 14.56 | -17.48 | 1.11 | 16.84 | -29.75 | 76.89 | -13.1 | 20.56 | 82.24 | -14.06 | 42.43 | 103.49 | -15.66 | 10.95 | 55.64 | -9.47 | 97.03 |
| 21Q1 (9) | 1.03 | -3.74 | 9.57 | 0.95 | -11.21 | -5.0 | 88.48 | 3.95 | -8.78 | 95.69 | 12.01 | 4.96 | 122.70 | -3.19 | -16.38 | 61.46 | 40.29 | 48.35 |
| 20Q4 (8) | 1.07 | -6.96 | -17.69 | 1.07 | -21.9 | -35.15 | 85.12 | 8.01 | 22.02 | 85.43 | 28.43 | 54.57 | 126.74 | 12.47 | 26.74 | 43.81 | 34.22 | 75.03 |
| 20Q3 (7) | 1.15 | -19.58 | -6.5 | 1.37 | -13.29 | -16.46 | 78.81 | 23.57 | 6.6 | 66.52 | 15.21 | 19.62 | 112.69 | 20.81 | 11.2 | 32.64 | 15.58 | 15.7 |
| 20Q2 (6) | 1.43 | 52.13 | 16.26 | 1.58 | 58.0 | 6.76 | 63.78 | -34.25 | -13.61 | 57.74 | -36.67 | -6.37 | 93.28 | -36.43 | -18.45 | 28.24 | -31.84 | 33.71 |
| 20Q1 (5) | 0.94 | -27.69 | -13.76 | 1.00 | -39.39 | -41.86 | 97.00 | 39.05 | 16.6 | 91.17 | 64.95 | 72.34 | 146.73 | 46.73 | 23.76 | 41.43 | 65.52 | 136.34 |
| 19Q4 (4) | 1.30 | 5.69 | 0.0 | 1.65 | 0.61 | 0.0 | 69.76 | -5.64 | 0.0 | 55.27 | -0.61 | 0.0 | 100.00 | -1.32 | 0.0 | 25.03 | -11.27 | 0.0 |
| 19Q3 (3) | 1.23 | 0.0 | 0.0 | 1.64 | 10.81 | 0.0 | 73.93 | 0.14 | 0.0 | 55.61 | -9.83 | 0.0 | 101.34 | -11.4 | 0.0 | 28.21 | 33.57 | 0.0 |
| 19Q2 (2) | 1.23 | 12.84 | 0.0 | 1.48 | -13.95 | 0.0 | 73.83 | -11.25 | 0.0 | 61.67 | 16.58 | 0.0 | 114.38 | -3.53 | 0.0 | 21.12 | 20.48 | 0.0 |
| 19Q1 (1) | 1.09 | 0.0 | 0.0 | 1.72 | 0.0 | 0.0 | 83.19 | 0.0 | 0.0 | 52.90 | 0.0 | 0.0 | 118.56 | 0.0 | 0.0 | 17.53 | 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) | 3.76 | -15.7 | 4.09 | 16.52 | 96.99 | 18.4 | 89.28 | -14.09 | 105.55 | -3.55 | 80.72 | 5.65 |
| 2022 (9) | 4.46 | -2.41 | 3.51 | -11.36 | 81.92 | 2.54 | 103.92 | 12.72 | 109.44 | -9.91 | 76.40 | 50.99 |
| 2021 (8) | 4.57 | 2.7 | 3.96 | -15.2 | 79.89 | -2.57 | 92.19 | 17.94 | 121.48 | 0.27 | 50.60 | 29.68 |
| 2020 (7) | 4.45 | 6.97 | 4.67 | -23.94 | 82.00 | -6.56 | 78.17 | 31.56 | 121.15 | -0.9 | 39.02 | 56.58 |
| 2019 (6) | 4.16 | -0.48 | 6.14 | -24.29 | 87.76 | 0.42 | 59.42 | 31.99 | 122.25 | 20.57 | 24.92 | -19.66 |
| 2018 (5) | 4.18 | -0.95 | 8.11 | 26.72 | 87.39 | 0.99 | 45.02 | -21.1 | 101.39 | -5.61 | 31.02 | -14.24 |
| 2017 (4) | 4.22 | -12.45 | 6.40 | 2.07 | 86.53 | 14.37 | 57.06 | -1.98 | 107.42 | 2.83 | 36.17 | 22.99 |
| 2016 (3) | 4.82 | -4.17 | 6.27 | 11.37 | 75.66 | 4.17 | 58.21 | -10.24 | 104.46 | -3.27 | 29.41 | -0.27 |
| 2015 (2) | 5.03 | -26.46 | 5.63 | -11.62 | 72.63 | 36.16 | 64.85 | 13.18 | 107.99 | 17.76 | 29.49 | 55.7 |
| 2014 (1) | 6.84 | 0.44 | 6.37 | -11.28 | 53.34 | -0.52 | 57.30 | 12.8 | 91.70 | -7.82 | 18.94 | 282.63 |
