- 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) | 1.09 | 5.83 | 0.93 | 0.52 | 4.0 | -23.53 | 83.26 | -5.73 | -1.4 | 173.73 | -4.4 | 30.07 | 56.98 | -2.25 | -8.35 | 200.01 | -5.55 | 28.34 |
| 23Q3 (19) | 1.03 | 3.0 | -7.21 | 0.50 | 0.0 | -15.25 | 88.32 | -3.13 | 7.98 | 181.73 | -0.82 | 18.03 | 58.29 | -9.11 | -2.54 | 211.77 | 0.71 | 20.35 |
| 23Q2 (18) | 1.00 | 4.17 | -19.35 | 0.50 | 2.04 | -1.96 | 91.17 | -3.6 | 24.13 | 183.23 | -0.44 | 2.17 | 64.13 | -22.05 | -1.57 | 210.27 | 7.09 | 12.07 |
| 23Q1 (17) | 0.96 | -11.11 | -9.43 | 0.49 | -27.94 | 8.89 | 94.57 | 12.0 | 10.22 | 184.04 | 37.79 | -9.25 | 82.27 | 32.33 | -2.97 | 196.34 | 25.99 | -3.66 |
| 22Q4 (16) | 1.08 | -2.7 | -16.92 | 0.68 | 15.25 | 11.48 | 84.44 | 3.24 | 20.58 | 133.57 | -13.25 | -10.21 | 62.17 | 3.95 | -18.25 | 155.84 | -11.43 | 9.18 |
| 22Q3 (15) | 1.11 | -10.48 | -13.95 | 0.59 | 15.69 | 0.0 | 81.79 | 11.35 | 16.26 | 153.97 | -14.14 | 0.21 | 59.81 | -8.2 | -30.74 | 175.96 | -6.21 | 27.84 |
| 22Q2 (14) | 1.24 | 16.98 | 6.9 | 0.51 | 13.33 | -20.31 | 73.45 | -14.39 | -6.71 | 179.33 | -11.57 | 26.2 | 65.15 | -23.16 | -16.07 | 187.62 | -7.94 | 31.0 |
| 22Q1 (13) | 1.06 | -18.46 | 19.1 | 0.45 | -26.23 | -33.82 | 85.80 | 22.52 | -16.46 | 202.79 | 36.32 | 52.6 | 84.79 | 11.49 | 16.09 | 203.80 | 42.78 | 25.36 |
| 21Q4 (12) | 1.30 | 0.78 | 5.69 | 0.61 | 3.39 | -30.68 | 70.03 | -0.45 | -5.63 | 148.76 | -3.18 | 43.05 | 76.05 | -11.94 | 45.16 | 142.74 | 3.71 | 13.46 |
| 21Q3 (11) | 1.29 | 11.21 | 10.26 | 0.59 | -7.81 | -15.71 | 70.35 | -10.64 | -9.32 | 153.65 | 8.13 | 18.39 | 86.36 | 11.26 | 46.67 | 137.64 | -3.9 | -7.3 |
| 21Q2 (10) | 1.16 | 30.34 | -1.69 | 0.64 | -5.88 | -7.25 | 78.73 | -23.35 | 2.03 | 142.10 | 6.93 | 7.08 | 77.62 | 6.27 | 24.75 | 143.22 | -11.9 | -3.0 |
| 21Q1 (9) | 0.89 | -27.64 | -11.88 | 0.68 | -22.73 | 6.25 | 102.71 | 38.4 | 13.89 | 132.89 | 27.79 | -6.72 | 73.04 | 39.42 | 10.87 | 162.57 | 29.22 | -2.51 |
| 20Q4 (8) | 1.23 | 5.13 | -8.89 | 0.88 | 25.71 | 12.82 | 74.21 | -4.34 | 10.07 | 103.99 | -19.87 | -10.4 | 52.39 | -11.02 | -6.75 | 125.81 | -15.27 | -1.17 |
| 20Q3 (7) | 1.17 | -0.85 | 0.0 | 0.70 | 1.45 | 9.37 | 77.58 | 0.54 | -0.44 | 129.78 | -2.21 | -8.11 | 58.88 | -5.37 | -13.18 | 148.48 | 0.56 | -1.88 |
| 20Q2 (6) | 1.18 | 16.83 | -10.61 | 0.69 | 7.81 | -6.76 | 77.16 | -14.44 | 11.6 | 132.71 | -6.84 | 8.6 | 62.22 | -5.56 | 18.85 | 147.65 | -11.46 | 6.22 |
| 20Q1 (5) | 1.01 | -25.19 | -4.72 | 0.64 | -17.95 | 6.67 | 90.18 | 33.76 | 4.61 | 142.46 | 22.75 | -5.51 | 65.88 | 17.27 | -8.9 | 166.76 | 31.0 | 1.28 |
| 19Q4 (4) | 1.35 | 15.38 | 0.0 | 0.78 | 21.88 | 0.0 | 67.42 | -13.48 | 0.0 | 116.06 | -17.82 | 0.0 | 56.18 | -17.16 | 0.0 | 127.30 | -15.87 | 0.0 |
| 19Q3 (3) | 1.17 | -11.36 | 0.0 | 0.64 | -13.51 | 0.0 | 77.92 | 12.7 | 0.0 | 141.23 | 15.57 | 0.0 | 67.82 | 29.55 | 0.0 | 151.32 | 8.86 | 0.0 |
| 19Q2 (2) | 1.32 | 24.53 | 0.0 | 0.74 | 23.33 | 0.0 | 69.14 | -19.8 | 0.0 | 122.20 | -18.95 | 0.0 | 52.35 | -27.61 | 0.0 | 139.00 | -15.58 | 0.0 |
| 19Q1 (1) | 1.06 | 0.0 | 0.0 | 0.60 | 0.0 | 0.0 | 86.21 | 0.0 | 0.0 | 150.77 | 0.0 | 0.0 | 72.32 | 0.0 | 0.0 | 164.66 | 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) | 4.02 | -7.59 | 2.03 | -10.57 | 90.72 | 8.19 | 179.84 | 12.01 | 78.76 | -0.93 | 191.79 | 16.31 |
| 2022 (9) | 4.35 | 8.21 | 2.27 | -7.35 | 83.85 | -7.66 | 160.55 | 7.83 | 79.50 | 1.7 | 164.89 | 2.09 |
| 2021 (8) | 4.02 | 1.52 | 2.45 | -19.41 | 90.81 | -1.36 | 148.89 | 23.92 | 78.17 | 21.82 | 161.52 | 9.11 |
| 2020 (7) | 3.96 | -6.16 | 3.04 | 7.42 | 92.06 | 6.4 | 120.15 | -6.83 | 64.17 | -4.98 | 148.04 | 0.06 |
| 2019 (6) | 4.22 | -3.21 | 2.83 | -1.74 | 86.52 | 3.44 | 128.96 | 1.76 | 67.53 | -3.6 | 147.95 | 5.43 |
| 2018 (5) | 4.36 | -4.18 | 2.88 | -12.2 | 83.64 | 4.19 | 126.73 | 13.96 | 70.05 | 13.2 | 140.33 | 8.28 |
| 2017 (4) | 4.55 | -4.81 | 3.28 | -15.25 | 80.28 | 5.05 | 111.21 | 17.81 | 61.88 | 7.82 | 129.60 | 14.25 |
| 2016 (3) | 4.78 | -7.36 | 3.87 | -6.97 | 76.42 | 7.97 | 94.40 | 7.55 | 57.39 | 5.38 | 113.44 | 8.98 |
| 2015 (2) | 5.16 | -8.83 | 4.16 | -19.54 | 70.78 | 9.67 | 87.77 | 24.23 | 54.46 | 18.01 | 104.09 | 16.9 |
| 2014 (1) | 5.66 | 19.92 | 5.17 | 3.82 | 64.54 | -16.59 | 70.65 | -3.52 | 46.15 | -14.14 | 89.04 | -8.07 |
