- 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) | 1.11 | -15.27 | 1.83 | 1.71 | -6.04 | 17.12 | 82.33 | 18.46 | -1.63 | 53.26 | 6.29 | -14.7 | 67.40 | 10.33 | -6.65 | 68.19 | 16.52 | -7.76 |
| 23Q3 (19) | 1.31 | 7.38 | -20.61 | 1.82 | -2.15 | 2.25 | 69.50 | -7.16 | 26.09 | 50.11 | 2.39 | -1.86 | 61.09 | -0.5 | 10.91 | 58.52 | -6.2 | 14.52 |
| 23Q2 (18) | 1.22 | 14.02 | -8.96 | 1.86 | 12.73 | 38.81 | 74.86 | -11.84 | 10.45 | 48.94 | -11.47 | -27.72 | 61.40 | -8.28 | -9.67 | 62.39 | -14.83 | -7.61 |
| 23Q1 (17) | 1.07 | -1.83 | -31.41 | 1.65 | 13.01 | 17.02 | 84.91 | 1.46 | 45.62 | 55.28 | -11.47 | -14.41 | 66.94 | -7.29 | 5.73 | 73.25 | -0.92 | 22.92 |
| 22Q4 (16) | 1.09 | -33.94 | -35.12 | 1.46 | -17.98 | 13.18 | 83.69 | 51.83 | 54.21 | 62.44 | 22.29 | -11.23 | 72.20 | 31.08 | 1.38 | 73.93 | 44.68 | 38.5 |
| 22Q3 (15) | 1.65 | 23.13 | 4.43 | 1.78 | 32.84 | 35.88 | 55.12 | -18.68 | -4.04 | 51.06 | -24.59 | -26.75 | 55.08 | -18.96 | -27.84 | 51.10 | -24.33 | 0.55 |
| 22Q2 (14) | 1.34 | -14.1 | 5.51 | 1.34 | -4.96 | 1.52 | 67.78 | 16.24 | -5.1 | 67.71 | 4.83 | -1.97 | 67.97 | 7.36 | -22.82 | 67.53 | 13.32 | 28.82 |
| 22Q1 (13) | 1.56 | -7.14 | 17.29 | 1.41 | 9.3 | -15.06 | 58.31 | 7.44 | -14.69 | 64.59 | -8.17 | 17.95 | 63.31 | -11.11 | -19.5 | 59.59 | 11.63 | 34.03 |
| 21Q4 (12) | 1.68 | 6.33 | 17.48 | 1.29 | -1.53 | -27.12 | 54.27 | -5.52 | -14.64 | 70.34 | 0.9 | 36.82 | 71.22 | -6.69 | -3.6 | 53.38 | 5.04 | 29.85 |
| 21Q3 (11) | 1.58 | 24.41 | 1.28 | 1.31 | -0.76 | -21.56 | 57.44 | -19.57 | -1.59 | 69.71 | 0.93 | 27.65 | 76.33 | -13.33 | 6.26 | 50.82 | -3.05 | 23.5 |
| 21Q2 (10) | 1.27 | -4.51 | -6.62 | 1.32 | -20.48 | -2.94 | 71.42 | 4.49 | 6.69 | 69.07 | 26.13 | 3.37 | 88.07 | 11.98 | 8.55 | 52.42 | 17.9 | -0.4 |
| 21Q1 (9) | 1.33 | -6.99 | 1.53 | 1.66 | -6.21 | 12.16 | 68.35 | 7.5 | -1.53 | 54.76 | 6.52 | -10.73 | 78.65 | 6.46 | 2.93 | 44.46 | 8.15 | -18.18 |
| 20Q4 (8) | 1.43 | -8.33 | 40.2 | 1.77 | 5.99 | 33.08 | 63.58 | 8.93 | -28.43 | 51.41 | -5.86 | -24.98 | 73.88 | 2.85 | -24.13 | 41.11 | -0.1 | -31.46 |
| 20Q3 (7) | 1.56 | 14.71 | 21.88 | 1.67 | 22.79 | -7.22 | 58.37 | -12.8 | -17.99 | 54.61 | -18.27 | 7.95 | 71.83 | -11.46 | -4.79 | 41.15 | -21.81 | -11.16 |
| 20Q2 (6) | 1.36 | 3.82 | 7.94 | 1.36 | -8.11 | -25.68 | 66.94 | -3.56 | -7.49 | 66.82 | 8.93 | 34.37 | 81.13 | 6.18 | 14.75 | 52.63 | -3.15 | 2.41 |
| 20Q1 (5) | 1.31 | 28.43 | 14.91 | 1.48 | 11.28 | -7.5 | 69.41 | -21.86 | -12.68 | 61.34 | -10.49 | 7.92 | 76.41 | -21.53 | -2.77 | 54.34 | -9.4 | -5.89 |
| 19Q4 (4) | 1.02 | -20.31 | 0.0 | 1.33 | -26.11 | 0.0 | 88.83 | 24.81 | 0.0 | 68.53 | 35.46 | 0.0 | 97.38 | 29.08 | 0.0 | 59.98 | 29.49 | 0.0 |
| 19Q3 (3) | 1.28 | 1.59 | 0.0 | 1.80 | -1.64 | 0.0 | 71.17 | -1.64 | 0.0 | 50.59 | 1.73 | 0.0 | 75.44 | 6.7 | 0.0 | 46.32 | -9.87 | 0.0 |
| 19Q2 (2) | 1.26 | 10.53 | 0.0 | 1.83 | 14.37 | 0.0 | 72.36 | -8.97 | 0.0 | 49.73 | -12.51 | 0.0 | 70.70 | -10.04 | 0.0 | 51.39 | -11.0 | 0.0 |
| 19Q1 (1) | 1.14 | 0.0 | 0.0 | 1.60 | 0.0 | 0.0 | 79.49 | 0.0 | 0.0 | 56.84 | 0.0 | 0.0 | 78.59 | 0.0 | 0.0 | 57.74 | 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) | 4.60 | -26.05 | 7.55 | 10.54 | 79.42 | 35.39 | 48.37 | -9.54 | 61.87 | 7.06 | 65.92 | 21.29 |
| 2022 (9) | 6.22 | 5.25 | 6.83 | 21.75 | 58.66 | -4.96 | 53.47 | -17.76 | 57.79 | -24.35 | 54.35 | 7.97 |
| 2021 (8) | 5.91 | 14.31 | 5.61 | -13.96 | 61.72 | -12.55 | 65.02 | 16.13 | 76.39 | -1.2 | 50.34 | 2.21 |
| 2020 (7) | 5.17 | 1.57 | 6.52 | 1.87 | 70.58 | -1.51 | 55.99 | -1.75 | 77.32 | 2.14 | 49.25 | -6.99 |
| 2019 (6) | 5.09 | 5.82 | 6.40 | -17.21 | 71.66 | -5.52 | 56.99 | 20.69 | 75.70 | 4.07 | 52.95 | 5.18 |
| 2018 (5) | 4.81 | 0.21 | 7.73 | -17.85 | 75.85 | -0.26 | 47.22 | 21.76 | 72.74 | 1.08 | 50.34 | 17.4 |
| 2017 (4) | 4.80 | 8.6 | 9.41 | 3.41 | 76.05 | -7.97 | 38.78 | -3.27 | 71.96 | -6.41 | 42.88 | -6.46 |
| 2016 (3) | 4.42 | -5.35 | 9.10 | -12.5 | 82.64 | 5.62 | 40.09 | 14.18 | 76.89 | 3.18 | 45.84 | 18.08 |
| 2015 (2) | 4.67 | -11.22 | 10.40 | -1.33 | 78.24 | 12.84 | 35.11 | 1.36 | 74.52 | 10.55 | 38.82 | 6.15 |
| 2014 (1) | 5.26 | 10.5 | 10.54 | 15.82 | 69.34 | -9.55 | 34.64 | -13.68 | 67.41 | -2.85 | 36.57 | -22.85 |
