- 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) | 1.26 | -13.7 | -0.79 | 1.77 | -3.8 | 2.91 | 72.18 | 15.56 | 0.88 | 51.53 | 4.16 | -2.35 | 94.16 | 9.1 | 22.52 | 29.55 | 15.34 | -37.75 |
| 23Q3 (19) | 1.46 | -3.31 | 0.0 | 1.84 | 5.75 | 39.39 | 62.46 | 3.51 | 0.19 | 49.47 | -5.47 | -28.13 | 86.31 | 8.44 | 27.45 | 25.62 | -22.53 | -59.62 |
| 23Q2 (18) | 1.51 | 33.63 | 19.84 | 1.74 | 10.13 | 89.13 | 60.34 | -25.01 | -16.37 | 52.33 | -9.07 | -47.36 | 79.59 | -18.56 | -10.28 | 33.07 | -17.88 | -60.09 |
| 23Q1 (17) | 1.13 | -11.02 | 15.31 | 1.58 | -8.14 | 88.1 | 80.46 | 12.45 | -13.25 | 57.55 | 9.06 | -46.97 | 97.73 | 27.17 | -14.41 | 40.27 | -15.17 | -53.77 |
| 22Q4 (16) | 1.27 | -13.01 | 10.43 | 1.72 | 30.3 | 31.3 | 71.55 | 14.77 | -9.36 | 52.77 | -23.33 | -24.28 | 76.85 | 13.48 | -5.75 | 47.47 | -25.19 | -29.24 |
| 22Q3 (15) | 1.46 | 15.87 | 46.0 | 1.32 | 43.48 | 6.45 | 62.34 | -13.6 | -31.67 | 68.83 | -30.77 | -5.84 | 67.72 | -23.66 | -22.3 | 63.45 | -23.43 | -17.77 |
| 22Q2 (14) | 1.26 | 28.57 | 35.48 | 0.92 | 9.52 | -22.69 | 72.15 | -22.21 | -25.95 | 99.42 | -8.39 | 29.76 | 88.71 | -22.31 | 17.56 | 82.86 | -4.87 | -15.95 |
| 22Q1 (13) | 0.98 | -14.78 | -1.01 | 0.84 | -35.88 | -31.15 | 92.75 | 17.49 | 1.3 | 108.53 | 55.73 | 45.81 | 114.19 | 40.04 | 121.51 | 87.10 | 29.83 | -23.89 |
| 21Q4 (12) | 1.15 | 15.0 | 8.49 | 1.31 | 5.65 | 0.0 | 78.94 | -13.47 | -8.04 | 69.69 | -4.66 | 0.52 | 81.54 | -6.45 | 79.72 | 67.09 | -13.05 | -38.9 |
| 21Q3 (11) | 1.00 | 7.53 | -15.25 | 1.24 | 4.2 | -12.68 | 91.23 | -6.36 | 17.82 | 73.10 | -4.59 | 14.06 | 87.16 | 15.5 | 134.87 | 77.16 | -21.73 | -26.1 |
| 21Q2 (10) | 0.93 | -6.06 | -20.51 | 1.19 | -2.46 | 1.71 | 97.43 | 6.41 | 25.49 | 76.62 | 2.94 | -1.16 | 75.46 | 46.38 | 75.12 | 98.58 | -13.86 | -12.04 |
| 21Q1 (9) | 0.99 | -6.6 | 41.43 | 1.22 | -6.87 | 45.24 | 91.56 | 6.66 | -29.26 | 74.43 | 7.36 | -31.48 | 51.55 | 13.62 | -29.09 | 114.44 | 4.23 | -30.79 |
| 20Q4 (8) | 1.06 | -10.17 | -7.02 | 1.31 | -7.75 | -16.03 | 85.84 | 10.86 | 7.62 | 69.33 | 8.18 | 18.78 | 45.37 | 22.26 | 8.1 | 109.80 | 5.16 | 14.18 |
| 20Q3 (7) | 1.18 | 0.85 | 7.27 | 1.42 | 21.37 | 1.43 | 77.43 | -0.27 | -6.64 | 64.09 | -17.32 | -1.75 | 37.11 | -13.88 | 2.09 | 104.41 | -6.84 | -6.62 |
| 20Q2 (6) | 1.17 | 67.14 | 20.62 | 1.17 | 39.29 | 12.5 | 77.64 | -40.02 | -17.31 | 77.52 | -28.64 | -11.08 | 43.09 | -40.73 | 12.74 | 112.07 | -32.23 | -21.55 |
| 20Q1 (5) | 0.70 | -38.6 | -34.58 | 0.84 | -46.15 | -20.0 | 129.44 | 62.29 | 52.35 | 108.63 | 86.11 | 25.12 | 72.70 | 73.22 | 86.75 | 165.36 | 71.96 | 24.47 |
| 19Q4 (4) | 1.14 | 3.64 | 0.0 | 1.56 | 11.43 | 0.0 | 79.76 | -3.83 | 0.0 | 58.37 | -10.52 | 0.0 | 41.97 | 15.46 | 0.0 | 96.16 | -14.0 | 0.0 |
| 19Q3 (3) | 1.10 | 13.4 | 0.0 | 1.40 | 34.62 | 0.0 | 82.94 | -11.66 | 0.0 | 65.23 | -25.18 | 0.0 | 36.35 | -4.89 | 0.0 | 111.81 | -21.73 | 0.0 |
| 19Q2 (2) | 0.97 | -9.35 | 0.0 | 1.04 | -0.95 | 0.0 | 93.89 | 10.51 | 0.0 | 87.18 | 0.41 | 0.0 | 38.22 | -1.82 | 0.0 | 142.86 | 7.53 | 0.0 |
| 19Q1 (1) | 1.07 | 0.0 | 0.0 | 1.05 | 0.0 | 0.0 | 84.96 | 0.0 | 0.0 | 86.82 | 0.0 | 0.0 | 38.93 | 0.0 | 0.0 | 132.85 | 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) | 4.78 | 2.58 | 7.99 | 31.63 | 76.38 | -2.59 | 45.68 | -24.02 | 85.77 | -2.91 | 36.29 | -27.69 |
| 2022 (9) | 4.66 | 6.39 | 6.07 | 26.99 | 78.41 | -5.83 | 60.12 | -21.26 | 88.34 | 15.69 | 50.19 | -39.71 |
| 2021 (8) | 4.38 | 19.67 | 4.78 | -1.04 | 83.26 | -16.61 | 76.35 | 1.06 | 76.36 | 36.82 | 83.25 | -30.39 |
| 2020 (7) | 3.66 | -12.65 | 4.83 | -8.17 | 99.85 | 14.61 | 75.55 | 8.94 | 55.81 | 28.18 | 119.59 | 5.9 |
| 2019 (6) | 4.19 | 6.08 | 5.26 | 37.34 | 87.12 | -5.81 | 69.35 | -27.14 | 43.54 | 0.58 | 112.93 | -21.79 |
| 2018 (5) | 3.95 | -14.32 | 3.83 | -16.92 | 92.49 | 16.87 | 95.18 | 20.16 | 43.29 | 12.38 | 144.39 | 20.5 |
| 2017 (4) | 4.61 | 17.01 | 4.61 | -9.78 | 79.14 | -14.47 | 79.21 | 10.99 | 38.52 | -8.76 | 119.83 | -1.51 |
| 2016 (3) | 3.94 | -16.35 | 5.11 | -17.31 | 92.53 | 19.29 | 71.37 | 20.76 | 42.22 | 24.1 | 121.67 | 18.53 |
| 2015 (2) | 4.71 | 3.74 | 6.18 | 31.49 | 77.57 | -3.53 | 59.10 | -23.86 | 34.02 | -17.23 | 102.65 | -12.21 |
| 2014 (1) | 4.54 | -32.24 | 4.70 | -33.43 | 80.41 | 47.51 | 77.62 | 50.19 | 41.10 | 27.72 | 116.93 | 57.99 |
