- 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) | 0.87 | -27.5 | -8.42 | 0.87 | -23.68 | 16.0 | 105.07 | 39.0 | 10.04 | 104.76 | 30.85 | -13.09 | 125.34 | 39.27 | 7.69 | 84.49 | 28.7 | -15.2 |
| 23Q3 (19) | 1.20 | -9.09 | -9.77 | 1.14 | 18.75 | 1.79 | 75.59 | 9.39 | 10.67 | 80.06 | -15.44 | -1.34 | 90.00 | -1.28 | 35.93 | 65.65 | -9.59 | -21.12 |
| 23Q2 (18) | 1.32 | 5.6 | 0.0 | 0.96 | 17.07 | 12.94 | 69.10 | -5.42 | -0.1 | 94.68 | -15.02 | -11.42 | 91.17 | -16.6 | 18.19 | 72.61 | -3.39 | -26.6 |
| 23Q1 (17) | 1.25 | 31.58 | -3.85 | 0.82 | 9.33 | 7.89 | 73.06 | -23.48 | 4.51 | 111.41 | -7.57 | -6.97 | 109.32 | -6.07 | 15.41 | 75.16 | -24.56 | -20.84 |
| 22Q4 (16) | 0.95 | -28.57 | -17.39 | 0.75 | -33.04 | -7.41 | 95.48 | 39.8 | 20.92 | 120.54 | 48.54 | 7.82 | 116.39 | 75.79 | 17.65 | 99.63 | 19.7 | 8.49 |
| 22Q3 (15) | 1.33 | 0.76 | -5.0 | 1.12 | 31.76 | -1.75 | 68.30 | -1.26 | 5.03 | 81.15 | -24.08 | 1.6 | 66.21 | -14.17 | -17.77 | 83.23 | -15.86 | 29.3 |
| 22Q2 (14) | 1.32 | 1.54 | -8.97 | 0.85 | 11.84 | -27.97 | 69.17 | -1.06 | 10.11 | 106.89 | -10.75 | 38.69 | 77.14 | -18.56 | -4.73 | 98.92 | 4.18 | 67.89 |
| 22Q1 (13) | 1.30 | 13.04 | 0.0 | 0.76 | -6.17 | -20.0 | 69.91 | -11.46 | 0.01 | 119.76 | 7.12 | 25.57 | 94.72 | -4.26 | 3.79 | 94.95 | 3.4 | 28.29 |
| 21Q4 (12) | 1.15 | -17.86 | 19.79 | 0.81 | -28.95 | -1.22 | 78.96 | 21.42 | -16.51 | 111.80 | 39.98 | 1.11 | 98.93 | 22.86 | -6.39 | 91.83 | 42.66 | -7.67 |
| 21Q3 (11) | 1.40 | -3.45 | 13.82 | 1.14 | -3.39 | 3.64 | 65.03 | 3.52 | -12.01 | 79.87 | 3.63 | -3.36 | 80.52 | -0.56 | 2.51 | 64.37 | 9.25 | -17.47 |
| 21Q2 (10) | 1.45 | 11.54 | 3.57 | 1.18 | 24.21 | 14.56 | 62.82 | -10.13 | -3.38 | 77.07 | -19.19 | -13.0 | 80.97 | -11.28 | 4.02 | 58.92 | -20.39 | -22.24 |
| 21Q1 (9) | 1.30 | 35.42 | 23.81 | 0.95 | 15.85 | 37.68 | 69.90 | -26.09 | -19.5 | 95.37 | -13.75 | -27.22 | 91.26 | -13.64 | -18.41 | 74.01 | -25.59 | -30.19 |
| 20Q4 (8) | 0.96 | -21.95 | -6.8 | 0.82 | -25.45 | -2.38 | 94.57 | 27.95 | 7.0 | 110.57 | 33.78 | 2.56 | 105.68 | 34.54 | 4.9 | 99.46 | 27.51 | 4.2 |
| 20Q3 (7) | 1.23 | -12.14 | 8.85 | 1.10 | 6.8 | 5.77 | 73.91 | 13.67 | -8.36 | 82.65 | -6.71 | -5.39 | 78.55 | 0.91 | -5.22 | 78.00 | 2.94 | -8.38 |
| 20Q2 (6) | 1.40 | 33.33 | 15.7 | 1.03 | 49.28 | -6.36 | 65.02 | -25.12 | -13.76 | 88.59 | -32.39 | 7.41 | 77.84 | -30.41 | 12.63 | 75.77 | -28.53 | -14.63 |
| 20Q1 (5) | 1.05 | 1.94 | -22.22 | 0.69 | -17.86 | -31.0 | 86.83 | -1.75 | 28.89 | 131.04 | 21.55 | 43.97 | 111.85 | 11.03 | 63.57 | 106.02 | 11.07 | 17.79 |
| 19Q4 (4) | 1.03 | -8.85 | 0.0 | 0.84 | -19.23 | 0.0 | 88.38 | 9.58 | 0.0 | 107.81 | 23.41 | 0.0 | 100.74 | 21.55 | 0.0 | 95.45 | 12.12 | 0.0 |
| 19Q3 (3) | 1.13 | -6.61 | 0.0 | 1.04 | -5.45 | 0.0 | 80.65 | 6.98 | 0.0 | 87.36 | 5.92 | 0.0 | 82.88 | 19.92 | 0.0 | 85.13 | -4.09 | 0.0 |
| 19Q2 (2) | 1.21 | -10.37 | 0.0 | 1.10 | 10.0 | 0.0 | 75.39 | 11.9 | 0.0 | 82.48 | -9.38 | 0.0 | 69.11 | 1.07 | 0.0 | 88.76 | -1.39 | 0.0 |
| 19Q1 (1) | 1.35 | 0.0 | 0.0 | 1.00 | 0.0 | 0.0 | 67.37 | 0.0 | 0.0 | 91.02 | 0.0 | 0.0 | 68.38 | 0.0 | 0.0 | 90.01 | 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) | 5.65 | -8.13 | 3.95 | 5.33 | 64.58 | 8.74 | 92.29 | -5.26 | 95.29 | 4.28 | 61.58 | -5.86 |
| 2022 (9) | 6.15 | -6.39 | 3.75 | -7.86 | 59.39 | 6.84 | 97.41 | 8.52 | 91.38 | 12.73 | 65.41 | 1.74 |
| 2021 (8) | 6.57 | 21.67 | 4.07 | 11.51 | 55.59 | -17.78 | 89.76 | -10.3 | 81.06 | -11.07 | 64.29 | -15.99 |
| 2020 (7) | 5.40 | -12.76 | 3.65 | -6.65 | 67.61 | 14.67 | 100.07 | 7.11 | 91.15 | 20.16 | 76.53 | -0.01 |
| 2019 (6) | 6.19 | 13.58 | 3.91 | 5.68 | 58.96 | -11.97 | 93.43 | -5.21 | 75.86 | 0.58 | 76.54 | -15.07 |
| 2018 (5) | 5.45 | 5.83 | 3.70 | -15.33 | 66.98 | -5.54 | 98.57 | 18.02 | 75.42 | 0.91 | 90.12 | 13.09 |
| 2017 (4) | 5.15 | -3.74 | 4.37 | -5.62 | 70.91 | 3.96 | 83.52 | 6.02 | 74.74 | 10.63 | 79.69 | 0.33 |
| 2016 (3) | 5.35 | -18.82 | 4.63 | 6.93 | 68.21 | 23.17 | 78.78 | -6.59 | 67.56 | 32.47 | 79.43 | -10.48 |
| 2015 (2) | 6.59 | 0.61 | 4.33 | 17.98 | 55.38 | -0.66 | 84.34 | -15.25 | 51.00 | -13.87 | 88.73 | -7.63 |
| 2014 (1) | 6.55 | -2.96 | 3.67 | -5.17 | 55.75 | 3.16 | 99.52 | 5.61 | 59.21 | 24.23 | 96.06 | -4.53 |
