- 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) | 2.90 | -9.09 | -29.27 | 0.95 | -1.04 | 10.47 | 31.43 | 10.05 | 41.7 | 95.72 | 1.11 | -9.42 | 12.67 | -13.99 | -21.5 | 114.49 | 5.52 | 2.49 |
| 23Q3 (19) | 3.19 | -24.41 | 4.25 | 0.96 | 6.67 | 14.29 | 28.56 | 32.47 | -3.94 | 94.67 | -6.61 | -12.63 | 14.73 | -2.64 | -17.48 | 108.50 | 0.65 | -9.77 |
| 23Q2 (18) | 4.22 | -19.62 | 0.24 | 0.90 | 7.14 | 1.12 | 21.56 | 24.34 | -0.28 | 101.37 | -6.56 | -0.8 | 15.13 | -5.44 | -23.28 | 107.80 | -1.85 | 3.56 |
| 23Q1 (17) | 5.25 | 28.05 | 56.72 | 0.84 | -2.33 | 3.7 | 17.34 | -21.82 | -36.16 | 108.49 | 2.67 | -3.13 | 16.00 | -0.87 | -32.12 | 109.83 | -1.68 | -4.97 |
| 22Q4 (16) | 4.10 | 33.99 | 22.02 | 0.86 | 2.38 | -21.1 | 22.18 | -25.4 | -18.19 | 105.67 | -2.48 | 26.11 | 16.14 | -9.58 | -13.83 | 111.71 | -7.1 | 21.2 |
| 22Q3 (15) | 3.06 | -27.32 | 35.4 | 0.84 | -5.62 | 64.71 | 29.73 | 37.51 | -26.1 | 108.36 | 6.04 | -39.56 | 17.85 | -9.48 | -54.25 | 120.25 | 15.53 | -33.38 |
| 22Q2 (14) | 4.21 | 25.67 | 38.03 | 0.89 | 9.88 | -16.82 | 21.62 | -20.4 | -27.43 | 102.19 | -8.75 | 19.8 | 19.72 | -16.33 | 31.47 | 104.09 | -9.94 | 4.0 |
| 22Q1 (13) | 3.35 | -0.3 | 23.16 | 0.81 | -25.69 | -22.12 | 27.16 | 0.18 | -18.95 | 111.99 | 33.66 | 27.93 | 23.57 | 25.84 | 43.98 | 115.58 | 25.4 | 10.41 |
| 21Q4 (12) | 3.36 | 48.67 | 18.73 | 1.09 | 113.73 | -9.17 | 27.11 | -32.61 | -15.7 | 83.79 | -53.27 | 10.38 | 18.73 | -52.0 | 15.26 | 92.17 | -48.93 | 0.37 |
| 21Q3 (11) | 2.26 | -25.9 | -18.41 | 0.51 | -52.34 | -46.87 | 40.23 | 35.05 | 22.35 | 179.29 | 110.19 | 89.36 | 39.02 | 160.13 | 119.58 | 180.49 | 80.33 | 64.4 |
| 21Q2 (10) | 3.05 | 12.13 | 61.38 | 1.07 | 2.88 | 30.49 | 29.79 | -11.1 | -38.12 | 85.30 | -2.56 | -23.44 | 15.00 | -8.37 | -42.15 | 100.09 | -4.38 | -25.1 |
| 21Q1 (9) | 2.72 | -3.89 | 50.28 | 1.04 | -13.33 | 10.64 | 33.51 | 4.2 | -33.43 | 87.54 | 15.32 | -9.79 | 16.37 | 0.74 | -37.28 | 104.68 | 13.99 | -13.69 |
| 20Q4 (8) | 2.83 | 2.17 | 24.67 | 1.20 | 25.0 | 6.19 | 32.16 | -2.19 | -19.78 | 75.91 | -19.82 | -6.04 | 16.25 | -8.55 | -26.47 | 91.83 | -16.36 | -7.04 |
| 20Q3 (7) | 2.77 | 46.56 | 1.84 | 0.96 | 17.07 | -24.41 | 32.88 | -31.7 | -1.79 | 94.68 | -15.02 | 31.98 | 17.77 | -31.47 | 18.7 | 109.79 | -17.85 | 21.65 |
| 20Q2 (6) | 1.89 | 4.42 | -29.21 | 0.82 | -12.77 | -15.46 | 48.14 | -4.37 | 41.3 | 111.42 | 14.82 | 18.75 | 25.93 | -0.65 | 70.59 | 133.64 | 10.19 | 18.59 |
| 20Q1 (5) | 1.81 | -20.26 | -20.61 | 0.94 | -16.81 | 25.33 | 50.34 | 25.57 | 25.88 | 97.04 | 20.11 | -20.01 | 26.10 | 18.1 | 16.47 | 121.28 | 22.78 | -12.68 |
| 19Q4 (4) | 2.27 | -16.54 | 0.0 | 1.13 | -11.02 | 0.0 | 40.09 | 19.74 | 0.0 | 80.79 | 12.61 | 0.0 | 22.10 | 47.63 | 0.0 | 98.78 | 9.45 | 0.0 |
| 19Q3 (3) | 2.72 | 1.87 | 0.0 | 1.27 | 30.93 | 0.0 | 33.48 | -1.73 | 0.0 | 71.74 | -23.54 | 0.0 | 14.97 | -1.51 | 0.0 | 90.25 | -19.91 | 0.0 |
| 19Q2 (2) | 2.67 | 17.11 | 0.0 | 0.97 | 29.33 | 0.0 | 34.07 | -14.8 | 0.0 | 93.83 | -22.65 | 0.0 | 15.20 | -32.17 | 0.0 | 112.69 | -18.86 | 0.0 |
| 19Q1 (1) | 2.28 | 0.0 | 0.0 | 0.75 | 0.0 | 0.0 | 39.99 | 0.0 | 0.0 | 121.31 | 0.0 | 0.0 | 22.41 | 0.0 | 0.0 | 138.89 | 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) | 17.09 | 10.83 | 3.89 | -5.12 | 21.35 | -9.84 | 93.72 | 5.17 | 13.14 | -20.7 | 101.94 | 5.96 |
| 2022 (9) | 15.42 | 50.44 | 4.10 | 3.54 | 23.68 | -33.48 | 89.11 | -3.37 | 16.57 | -20.11 | 96.21 | -10.15 |
| 2021 (8) | 10.25 | 12.64 | 3.96 | -4.58 | 35.60 | -11.29 | 92.22 | 4.77 | 20.74 | -7.7 | 107.08 | 1.32 |
| 2020 (7) | 9.10 | -10.17 | 4.15 | -1.66 | 40.13 | 11.35 | 88.02 | 1.77 | 22.47 | 7.36 | 105.68 | 4.01 |
| 2019 (6) | 10.13 | -12.07 | 4.22 | 4.2 | 36.04 | 13.76 | 86.49 | -3.99 | 20.93 | -19.34 | 101.61 | 6.05 |
| 2018 (5) | 11.52 | -13.51 | 4.05 | 0.0 | 31.68 | 15.62 | 90.08 | -0.16 | 25.95 | -12.98 | 95.81 | 9.14 |
| 2017 (4) | 13.32 | 32.14 | 4.05 | 3.58 | 27.40 | -24.29 | 90.22 | -3.45 | 29.82 | 38.63 | 87.79 | -18.8 |
| 2016 (3) | 10.08 | 28.08 | 3.91 | -0.26 | 36.19 | -21.94 | 93.44 | 0.38 | 21.51 | 55.87 | 108.12 | -13.95 |
| 2015 (2) | 7.87 | -23.37 | 3.92 | -12.5 | 46.36 | 30.52 | 93.09 | 14.36 | 13.80 | -12.1 | 125.65 | 24.12 |
| 2014 (1) | 10.27 | -11.62 | 4.48 | 0.22 | 35.52 | 13.05 | 81.40 | -0.34 | 15.70 | -20.51 | 101.23 | 8.44 |
