- 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) | 1.44 | -8.28 | -19.1 | 1.96 | 14.62 | 17.37 | 63.07 | 8.74 | 23.33 | 46.45 | -12.69 | -14.82 | 54.35 | -6.6 | 3.78 | 55.17 | 4.06 | 3.51 |
| 23Q3 (19) | 1.57 | -3.09 | -22.28 | 1.71 | 7.55 | 23.02 | 58.00 | 3.0 | 28.66 | 53.20 | -6.8 | -18.69 | 58.19 | 0.05 | 6.07 | 53.02 | -4.0 | -4.73 |
| 23Q2 (18) | 1.62 | 19.12 | -15.62 | 1.59 | 5.3 | 29.27 | 56.31 | -16.11 | 19.0 | 57.08 | -5.48 | -23.11 | 58.16 | -5.51 | -5.25 | 55.23 | -16.27 | -8.23 |
| 23Q1 (17) | 1.36 | -23.6 | 2.26 | 1.51 | -9.58 | 26.89 | 67.12 | 31.25 | -1.83 | 60.39 | 10.75 | -20.93 | 61.55 | 17.53 | -12.48 | 65.96 | 23.75 | -11.36 |
| 22Q4 (16) | 1.78 | -11.88 | 7.23 | 1.67 | 20.14 | 7.74 | 51.14 | 13.44 | -6.47 | 54.53 | -16.66 | -7.36 | 52.37 | -4.54 | -16.14 | 53.30 | -4.22 | 4.33 |
| 22Q3 (15) | 2.02 | 5.21 | 19.53 | 1.39 | 13.01 | -13.66 | 45.08 | -4.73 | -16.46 | 65.43 | -11.87 | 15.91 | 54.86 | -10.62 | -15.21 | 55.65 | -7.53 | 21.75 |
| 22Q2 (14) | 1.92 | 44.36 | -5.42 | 1.23 | 3.36 | -40.58 | 47.32 | -30.79 | 5.34 | 74.24 | -2.8 | 68.46 | 61.38 | -12.73 | 16.65 | 60.18 | -19.12 | 65.51 |
| 22Q1 (13) | 1.33 | -19.88 | -18.4 | 1.19 | -23.23 | -36.7 | 68.37 | 25.04 | 22.55 | 76.38 | 29.77 | 57.52 | 70.33 | 12.62 | 17.28 | 74.41 | 45.64 | 67.97 |
| 21Q4 (12) | 1.66 | -1.78 | -7.26 | 1.55 | -3.73 | -19.69 | 54.68 | 1.33 | 7.47 | 58.86 | 4.27 | 24.55 | 62.45 | -3.48 | 21.0 | 51.09 | 11.77 | 9.78 |
| 21Q3 (11) | 1.69 | -16.75 | -1.74 | 1.61 | -22.22 | -3.01 | 53.96 | 20.12 | 1.93 | 56.45 | 28.09 | 3.16 | 64.70 | 22.96 | 22.54 | 45.71 | 25.72 | -16.68 |
| 21Q2 (10) | 2.03 | 24.54 | 17.34 | 2.07 | 10.11 | 39.86 | 44.92 | -19.48 | -14.49 | 44.07 | -9.12 | -28.42 | 52.62 | -12.26 | -18.36 | 36.36 | -17.92 | -26.77 |
| 21Q1 (9) | 1.63 | -8.94 | 7.24 | 1.88 | -2.59 | 30.56 | 55.79 | 9.65 | -6.67 | 48.49 | 2.6 | -23.48 | 59.97 | 16.2 | -17.66 | 44.30 | -4.81 | -11.96 |
| 20Q4 (8) | 1.79 | 4.07 | 5.29 | 1.93 | 16.27 | 12.87 | 50.88 | -3.89 | -5.15 | 47.26 | -13.63 | -11.27 | 51.61 | -2.25 | -14.79 | 46.54 | -15.17 | 0.45 |
| 20Q3 (7) | 1.72 | -0.58 | 13.16 | 1.66 | 12.16 | 3.75 | 52.94 | 0.78 | -11.37 | 54.72 | -11.13 | -4.02 | 52.80 | -18.08 | -20.68 | 54.86 | 10.49 | 9.37 |
| 20Q2 (6) | 1.73 | 13.82 | 12.34 | 1.48 | 2.78 | -8.07 | 52.53 | -12.13 | -11.27 | 61.57 | -2.84 | 8.8 | 64.45 | -11.51 | 10.72 | 49.65 | -1.33 | -13.77 |
| 20Q1 (5) | 1.52 | -10.59 | 4.11 | 1.44 | -15.79 | 2.86 | 59.78 | 11.45 | -4.12 | 63.37 | 18.98 | -2.54 | 72.83 | 20.24 | 35.02 | 50.32 | 8.61 | -31.47 |
| 19Q4 (4) | 1.70 | 11.84 | 0.0 | 1.71 | 6.87 | 0.0 | 53.64 | -10.2 | 0.0 | 53.26 | -6.58 | 0.0 | 60.57 | -9.01 | 0.0 | 46.33 | -7.64 | 0.0 |
| 19Q3 (3) | 1.52 | -1.3 | 0.0 | 1.60 | -0.62 | 0.0 | 59.73 | 0.9 | 0.0 | 57.01 | 0.74 | 0.0 | 66.57 | 14.36 | 0.0 | 50.16 | -12.89 | 0.0 |
| 19Q2 (2) | 1.54 | 5.48 | 0.0 | 1.61 | 15.0 | 0.0 | 59.20 | -5.05 | 0.0 | 56.59 | -12.97 | 0.0 | 58.21 | 7.92 | 0.0 | 57.58 | -21.59 | 0.0 |
| 19Q1 (1) | 1.46 | 0.0 | 0.0 | 1.40 | 0.0 | 0.0 | 62.35 | 0.0 | 0.0 | 65.02 | 0.0 | 0.0 | 53.94 | 0.0 | 0.0 | 73.43 | 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) | 4.98 | -10.11 | 6.79 | 12.05 | 73.35 | 11.25 | 53.75 | -10.7 | 60.50 | -1.58 | 66.60 | 3.03 |
| 2022 (9) | 5.54 | -4.32 | 6.06 | -6.91 | 65.93 | 4.63 | 60.19 | 7.42 | 61.47 | 0.36 | 64.64 | 11.83 |
| 2021 (8) | 5.79 | -1.7 | 6.51 | -4.55 | 63.01 | 1.73 | 56.03 | 4.67 | 61.25 | -4.85 | 57.80 | 13.11 |
| 2020 (7) | 5.89 | 0.0 | 6.82 | 10.53 | 61.94 | 0.0 | 53.53 | -9.58 | 64.37 | 10.15 | 51.10 | -18.5 |
| 2019 (6) | 5.89 | 31.77 | 6.17 | 22.18 | 61.94 | -24.11 | 59.20 | -18.06 | 58.44 | -3.79 | 62.70 | -32.67 |
| 2018 (5) | 4.47 | 2.05 | 5.05 | -1.17 | 81.62 | -2.11 | 72.25 | 1.15 | 60.74 | -17.91 | 93.13 | 15.22 |
| 2017 (4) | 4.38 | -7.79 | 5.11 | -22.1 | 83.38 | 8.43 | 71.43 | 28.4 | 73.99 | -3.43 | 80.83 | 44.57 |
| 2016 (3) | 4.75 | -1.04 | 6.56 | -32.44 | 76.90 | 1.18 | 55.63 | 48.07 | 76.62 | 16.91 | 55.91 | 16.38 |
| 2015 (2) | 4.80 | -16.38 | 9.71 | -6.81 | 76.00 | 19.48 | 37.57 | 7.28 | 65.54 | 16.1 | 48.04 | 13.89 |
| 2014 (1) | 5.74 | 4.74 | 10.42 | 70.54 | 63.61 | -4.49 | 35.02 | -41.36 | 56.45 | 14.06 | 42.18 | -45.1 |
