- 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) | 1.53 | -12.57 | -11.05 | 0.72 | -28.71 | -12.2 | 59.44 | 14.44 | 12.53 | 126.92 | 40.23 | 14.67 | 42.77 | 65.58 | -7.9 | 143.59 | 23.12 | 22.66 |
| 23Q3 (19) | 1.75 | -16.67 | -20.81 | 1.01 | 13.48 | -10.62 | 51.94 | 19.93 | 26.22 | 90.51 | -11.18 | 12.25 | 25.83 | -22.53 | -23.53 | 116.63 | 4.25 | 32.53 |
| 23Q2 (18) | 2.10 | 20.0 | -6.67 | 0.89 | 39.06 | -1.11 | 43.31 | -16.87 | 7.28 | 101.90 | -28.06 | 0.45 | 33.34 | -36.96 | -19.12 | 111.87 | -20.58 | 11.2 |
| 23Q1 (17) | 1.75 | 1.74 | -13.79 | 0.64 | -21.95 | -11.11 | 52.10 | -1.36 | 16.48 | 141.65 | 27.98 | 12.58 | 52.89 | 13.89 | 9.71 | 140.86 | 20.33 | 15.13 |
| 22Q4 (16) | 1.72 | -22.17 | -23.21 | 0.82 | -27.43 | 2.5 | 52.82 | 28.36 | 29.97 | 110.68 | 37.27 | -2.13 | 46.44 | 37.48 | 19.63 | 117.06 | 33.02 | 1.88 |
| 22Q3 (15) | 2.21 | -1.78 | 39.87 | 1.13 | 25.56 | 73.85 | 41.15 | 1.93 | -28.62 | 80.63 | -20.51 | -42.42 | 33.78 | -18.05 | -39.17 | 88.00 | -12.52 | -38.09 |
| 22Q2 (14) | 2.25 | 10.84 | -2.6 | 0.90 | 25.0 | 0.0 | 40.37 | -9.75 | 2.49 | 101.44 | -19.38 | 0.82 | 41.22 | -14.5 | -15.55 | 100.60 | -17.78 | 10.32 |
| 22Q1 (13) | 2.03 | -9.38 | 1.5 | 0.72 | -10.0 | -6.49 | 44.73 | 10.06 | -1.63 | 125.82 | 11.26 | 5.96 | 48.21 | 24.19 | -11.65 | 122.35 | 6.48 | 11.59 |
| 21Q4 (12) | 2.24 | 41.77 | 23.08 | 0.80 | 23.08 | -10.11 | 40.64 | -29.51 | -18.87 | 113.09 | -19.24 | 10.16 | 38.82 | -30.09 | 4.44 | 114.90 | -19.17 | -0.59 |
| 21Q3 (11) | 1.58 | -31.6 | -17.28 | 0.65 | -27.78 | -30.11 | 57.65 | 46.36 | 21.27 | 140.03 | 39.18 | 42.84 | 55.53 | 13.77 | 77.02 | 142.15 | 55.88 | 24.47 |
| 21Q2 (10) | 2.31 | 15.5 | 24.19 | 0.90 | 16.88 | 7.14 | 39.39 | -13.37 | -19.68 | 100.61 | -15.27 | -7.33 | 48.81 | -10.56 | 33.43 | 91.19 | -16.83 | -24.66 |
| 21Q1 (9) | 2.00 | 9.89 | 6.38 | 0.77 | -13.48 | 8.45 | 45.47 | -9.22 | -5.82 | 118.74 | 15.66 | -7.78 | 54.57 | 46.81 | 41.74 | 109.64 | -5.14 | -20.86 |
| 20Q4 (8) | 1.82 | -4.71 | 1.68 | 0.89 | -4.3 | 17.11 | 50.09 | 5.36 | -1.73 | 102.66 | 4.72 | -14.54 | 37.17 | 18.49 | 23.9 | 115.58 | 1.21 | -18.09 |
| 20Q3 (7) | 1.91 | 2.69 | -8.61 | 0.93 | 10.71 | 6.9 | 47.54 | -3.06 | 9.36 | 98.03 | -9.71 | -6.58 | 31.37 | -14.24 | 0.97 | 114.20 | -5.65 | -2.68 |
| 20Q2 (6) | 1.86 | -1.06 | -21.85 | 0.84 | 18.31 | 6.33 | 49.04 | 1.57 | 28.38 | 108.57 | -15.68 | -5.85 | 36.58 | -4.99 | -4.07 | 121.04 | -12.63 | 4.9 |
| 20Q1 (5) | 1.88 | 5.03 | -6.0 | 0.71 | -6.58 | 9.23 | 48.28 | -5.28 | 6.18 | 128.76 | 7.19 | -8.41 | 38.50 | 28.33 | -15.05 | 138.54 | -1.81 | -1.56 |
| 19Q4 (4) | 1.79 | -14.35 | 0.0 | 0.76 | -12.64 | 0.0 | 50.97 | 17.25 | 0.0 | 120.12 | 14.47 | 0.0 | 30.00 | -3.44 | 0.0 | 141.10 | 20.24 | 0.0 |
| 19Q3 (3) | 2.09 | -12.18 | 0.0 | 0.87 | 10.13 | 0.0 | 43.47 | 13.8 | 0.0 | 104.94 | -9.0 | 0.0 | 31.07 | -18.52 | 0.0 | 117.35 | 1.7 | 0.0 |
| 19Q2 (2) | 2.38 | 19.0 | 0.0 | 0.79 | 21.54 | 0.0 | 38.20 | -15.99 | 0.0 | 115.32 | -17.97 | 0.0 | 38.13 | -15.86 | 0.0 | 115.39 | -18.01 | 0.0 |
| 19Q1 (1) | 2.00 | 0.0 | 0.0 | 0.65 | 0.0 | 0.0 | 45.47 | 0.0 | 0.0 | 140.59 | 0.0 | 0.0 | 45.32 | 0.0 | 0.0 | 140.74 | 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) | 9.70 | -6.28 | 3.42 | -9.52 | 37.63 | 6.75 | 106.66 | 10.6 | 43.12 | 18.89 | 101.17 | 6.01 |
| 2022 (9) | 10.35 | 22.2 | 3.78 | 10.2 | 35.25 | -18.18 | 96.44 | -9.3 | 36.27 | -8.78 | 95.43 | -12.97 |
| 2021 (8) | 8.47 | -11.22 | 3.43 | -4.19 | 43.08 | 12.57 | 106.33 | 4.17 | 39.76 | 28.63 | 109.65 | 0.2 |
| 2020 (7) | 9.54 | -11.09 | 3.58 | 1.7 | 38.27 | 12.49 | 102.07 | -1.45 | 30.91 | 11.55 | 109.43 | -0.41 |
| 2019 (6) | 10.73 | 9.94 | 3.52 | -2.49 | 34.02 | -9.06 | 103.57 | 2.56 | 27.71 | -15.75 | 109.88 | 4.15 |
| 2018 (5) | 9.76 | 13.75 | 3.61 | 11.76 | 37.41 | -12.08 | 100.98 | -10.53 | 32.89 | -5.02 | 105.50 | -12.67 |
| 2017 (4) | 8.58 | -4.88 | 3.23 | 6.6 | 42.55 | 5.19 | 112.87 | -6.24 | 34.63 | 5.97 | 120.80 | -5.74 |
| 2016 (3) | 9.02 | -14.01 | 3.03 | 12.64 | 40.45 | 16.24 | 120.38 | -11.17 | 32.68 | -20.23 | 128.16 | -0.91 |
| 2015 (2) | 10.49 | -17.08 | 2.69 | -6.92 | 34.80 | 20.58 | 135.51 | 7.38 | 40.97 | 2.76 | 129.34 | 12.27 |
| 2014 (1) | 12.65 | 7.75 | 2.89 | -26.84 | 28.86 | -7.17 | 126.20 | 36.43 | 39.87 | 45.94 | 115.20 | 19.66 |
