- 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) | 2.29 | -4.18 | -11.92 | 3.77 | 19.68 | 94.33 | 39.68 | 4.34 | 13.27 | 24.16 | -16.49 | -48.37 | 8.40 | -3.45 | 16.99 | 55.44 | -4.84 | -25.72 |
| 23Q3 (19) | 2.39 | 6.22 | -15.85 | 3.15 | 32.91 | 43.18 | 38.03 | -5.94 | 18.66 | 28.93 | -24.82 | -29.95 | 8.70 | 8.75 | 16.15 | 58.26 | -17.84 | -11.54 |
| 23Q2 (18) | 2.25 | -5.46 | -3.85 | 2.37 | 1.28 | 22.16 | 40.43 | 5.89 | 3.77 | 38.48 | -0.98 | -18.11 | 8.00 | 13.15 | -27.14 | 70.91 | 1.36 | -5.43 |
| 23Q1 (17) | 2.38 | -8.46 | 11.21 | 2.34 | 20.62 | 90.24 | 38.18 | 8.99 | -10.16 | 38.86 | -16.95 | -47.64 | 7.07 | -1.53 | -49.36 | 69.96 | -6.27 | -31.91 |
| 22Q4 (16) | 2.60 | -8.45 | 16.59 | 1.94 | -11.82 | -6.73 | 35.03 | 9.3 | -14.12 | 46.79 | 13.29 | 6.7 | 7.18 | -4.14 | -46.18 | 74.64 | 13.33 | 4.68 |
| 22Q3 (15) | 2.84 | 21.37 | 13.6 | 2.20 | 13.4 | -60.99 | 32.05 | -17.74 | -11.95 | 41.30 | -12.11 | 155.89 | 7.49 | -31.79 | -22.22 | 65.86 | -12.16 | 53.48 |
| 22Q2 (14) | 2.34 | 9.35 | -0.85 | 1.94 | 57.72 | -22.4 | 38.96 | -8.33 | 1.09 | 46.99 | -36.68 | 29.13 | 10.98 | -21.35 | -3.77 | 74.98 | -27.03 | 18.06 |
| 22Q1 (13) | 2.14 | -4.04 | 5.94 | 1.23 | -40.87 | -38.5 | 42.50 | 4.19 | -5.53 | 74.21 | 69.24 | 63.49 | 13.96 | 4.65 | 6.48 | 102.75 | 44.11 | 32.99 |
| 21Q4 (12) | 2.23 | -10.8 | 1.83 | 2.08 | -63.12 | -14.05 | 40.79 | 12.06 | -1.85 | 43.85 | 171.69 | 16.72 | 13.34 | 38.53 | 42.83 | 71.30 | 66.16 | 2.16 |
| 21Q3 (11) | 2.50 | 5.93 | 16.28 | 5.64 | 125.6 | 198.41 | 36.40 | -5.55 | -13.87 | 16.14 | -55.65 | -66.54 | 9.63 | -15.6 | -9.83 | 42.91 | -32.44 | -46.24 |
| 21Q2 (10) | 2.36 | 16.83 | 14.56 | 2.50 | 25.0 | 83.82 | 38.54 | -14.34 | -12.79 | 36.39 | -19.83 | -45.47 | 11.41 | -12.97 | 22.42 | 63.51 | -17.8 | -37.49 |
| 21Q1 (9) | 2.02 | -7.76 | 5.21 | 2.00 | -17.36 | 78.57 | 44.99 | 8.25 | -5.14 | 45.39 | 20.81 | -44.15 | 13.11 | 40.36 | 39.32 | 77.26 | 10.7 | -35.23 |
| 20Q4 (8) | 2.19 | 1.86 | 6.31 | 2.42 | 28.04 | 76.64 | 41.56 | -1.66 | -5.78 | 37.57 | -22.12 | -43.59 | 9.34 | -12.55 | 13.9 | 69.79 | -12.57 | -31.91 |
| 20Q3 (7) | 2.15 | 4.37 | 2.87 | 1.89 | 38.97 | 67.26 | 42.26 | -4.37 | -2.98 | 48.24 | -27.71 | -39.96 | 10.68 | 14.59 | 18.8 | 79.82 | -21.44 | -30.54 |
| 20Q2 (6) | 2.06 | 7.29 | -5.07 | 1.36 | 21.43 | 23.64 | 44.19 | -6.83 | 5.26 | 66.73 | -17.89 | -19.4 | 9.32 | -0.96 | -4.61 | 101.60 | -14.83 | -11.66 |
| 20Q1 (5) | 1.92 | -6.8 | -1.03 | 1.12 | -18.25 | -27.27 | 47.43 | 7.53 | 1.11 | 81.27 | 22.03 | 37.51 | 9.41 | 14.76 | -18.81 | 119.29 | 16.38 | 26.34 |
| 19Q4 (4) | 2.06 | -1.44 | 0.0 | 1.37 | 21.24 | 0.0 | 44.11 | 1.26 | 0.0 | 66.60 | -17.11 | 0.0 | 8.20 | -8.79 | 0.0 | 102.50 | -10.81 | 0.0 |
| 19Q3 (3) | 2.09 | -3.69 | 0.0 | 1.13 | 2.73 | 0.0 | 43.56 | 3.76 | 0.0 | 80.35 | -2.95 | 0.0 | 8.99 | -7.98 | 0.0 | 114.92 | -0.08 | 0.0 |
| 19Q2 (2) | 2.17 | 11.86 | 0.0 | 1.10 | -28.57 | 0.0 | 41.98 | -10.51 | 0.0 | 82.79 | 40.08 | 0.0 | 9.77 | -15.7 | 0.0 | 115.01 | 21.81 | 0.0 |
| 19Q1 (1) | 1.94 | 0.0 | 0.0 | 1.54 | 0.0 | 0.0 | 46.91 | 0.0 | 0.0 | 59.10 | 0.0 | 0.0 | 11.59 | 0.0 | 0.0 | 94.42 | 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) | 8.90 | -13.17 | 9.47 | 27.8 | 41.00 | 15.17 | 38.54 | -21.81 | 8.48 | -3.75 | 71.05 | -6.62 |
| 2022 (9) | 10.25 | 7.44 | 7.41 | -2.63 | 35.60 | -6.93 | 49.29 | 2.82 | 8.81 | -13.2 | 76.09 | 0.08 |
| 2021 (8) | 9.54 | 11.45 | 7.61 | -14.01 | 38.25 | -10.27 | 47.94 | 16.19 | 10.15 | 17.34 | 76.03 | 1.06 |
| 2020 (7) | 8.56 | 12.04 | 8.85 | 20.24 | 42.63 | -10.82 | 41.26 | -16.76 | 8.65 | -19.01 | 75.23 | -13.22 |
| 2019 (6) | 7.64 | -18.81 | 7.36 | -28.82 | 47.80 | 23.26 | 49.57 | 40.35 | 10.68 | 0.09 | 86.69 | 36.69 |
| 2018 (5) | 9.41 | -1.57 | 10.34 | 33.94 | 38.78 | 1.52 | 35.32 | -25.25 | 10.67 | -15.52 | 63.42 | -12.92 |
| 2017 (4) | 9.56 | 17.3 | 7.72 | -0.77 | 38.20 | -14.71 | 47.25 | 0.7 | 12.63 | -22.89 | 72.83 | -3.32 |
| 2016 (3) | 8.15 | -10.64 | 7.78 | 6.14 | 44.79 | 11.89 | 46.92 | -5.8 | 16.38 | 33.71 | 75.33 | -2.91 |
| 2015 (2) | 9.12 | -7.88 | 7.33 | 9.9 | 40.03 | 8.63 | 49.81 | -9.04 | 12.25 | 13.74 | 77.59 | -4.03 |
| 2014 (1) | 9.90 | 0.71 | 6.67 | -42.05 | 36.85 | -0.78 | 54.76 | 72.64 | 10.77 | 11.38 | 80.85 | 36.59 |
