- 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) | 1.09 | -13.49 | -12.1 | 0.32 | -23.81 | -25.58 | 83.74 | 15.94 | 14.31 | 286.11 | 30.86 | 34.08 | 45.74 | 8.29 | -15.42 | 324.11 | 30.36 | 39.37 |
| 23Q3 (19) | 1.26 | -4.55 | -14.86 | 0.42 | -6.67 | -25.0 | 72.23 | 4.85 | 17.22 | 218.64 | 7.28 | 33.77 | 42.24 | -6.45 | -7.14 | 248.63 | 9.26 | 38.45 |
| 23Q2 (18) | 1.32 | 10.92 | 0.0 | 0.45 | 18.42 | -10.0 | 68.89 | -10.18 | -0.23 | 203.81 | -14.93 | 12.01 | 45.15 | -18.0 | -9.74 | 227.55 | -12.89 | 13.21 |
| 23Q1 (17) | 1.19 | -4.03 | -15.0 | 0.38 | -11.63 | -28.3 | 76.70 | 4.7 | 18.38 | 239.58 | 12.28 | 39.57 | 55.06 | 1.81 | 14.78 | 261.23 | 12.33 | 38.6 |
| 22Q4 (16) | 1.24 | -16.22 | -13.89 | 0.43 | -23.21 | -20.37 | 73.26 | 18.89 | 16.3 | 213.38 | 30.55 | 27.63 | 54.08 | 18.88 | 0.93 | 232.56 | 29.5 | 31.69 |
| 22Q3 (15) | 1.48 | 12.12 | 0.68 | 0.56 | 12.0 | -12.5 | 61.62 | -10.76 | -0.16 | 163.45 | -10.17 | 15.83 | 45.49 | -9.06 | -16.07 | 179.58 | -10.65 | 20.83 |
| 22Q2 (14) | 1.32 | -5.71 | -14.84 | 0.50 | -5.66 | -37.5 | 69.05 | 6.58 | 17.29 | 181.96 | 6.01 | 59.61 | 50.02 | 4.27 | 5.91 | 200.99 | 6.64 | 59.96 |
| 22Q1 (13) | 1.40 | -2.78 | -12.5 | 0.53 | -1.85 | -37.65 | 64.79 | 2.86 | 13.69 | 171.65 | 2.67 | 61.14 | 47.97 | -10.47 | 5.41 | 188.48 | 6.73 | 59.73 |
| 21Q4 (12) | 1.44 | -2.04 | -2.04 | 0.54 | -15.62 | -32.5 | 62.99 | 2.06 | 1.45 | 167.19 | 18.48 | 46.21 | 53.58 | -1.14 | -5.1 | 176.59 | 18.82 | 47.2 |
| 21Q3 (11) | 1.47 | -5.16 | -5.77 | 0.64 | -20.0 | -39.62 | 61.72 | 4.84 | 5.96 | 141.11 | 23.78 | 64.39 | 54.20 | 14.76 | 23.35 | 148.62 | 18.28 | 48.4 |
| 21Q2 (10) | 1.55 | -3.13 | 4.03 | 0.80 | -5.88 | -23.81 | 58.87 | 3.3 | -3.51 | 114.00 | 7.02 | 31.46 | 47.23 | 3.78 | 47.78 | 125.65 | 6.48 | 8.53 |
| 21Q1 (9) | 1.60 | 8.84 | 66.67 | 0.85 | 6.25 | 30.77 | 56.99 | -8.21 | -39.92 | 106.52 | -6.85 | -23.56 | 45.51 | -19.39 | -1.49 | 118.00 | -1.64 | -37.23 |
| 20Q4 (8) | 1.47 | -5.77 | 32.43 | 0.80 | -24.53 | 5.26 | 62.09 | 6.59 | -24.25 | 114.35 | 33.21 | -5.08 | 56.46 | 28.49 | 17.43 | 119.97 | 19.79 | -22.28 |
| 20Q3 (7) | 1.56 | 4.7 | 24.8 | 1.06 | 0.95 | 29.27 | 58.25 | -4.52 | -19.91 | 85.84 | -1.01 | -22.76 | 43.94 | 37.48 | -9.46 | 100.15 | -13.49 | -26.0 |
| 20Q2 (6) | 1.49 | 55.21 | 29.57 | 1.05 | 61.54 | 28.05 | 61.01 | -35.68 | -22.69 | 86.72 | -37.77 | -21.9 | 31.96 | -30.82 | -33.57 | 115.77 | -38.42 | -18.38 |
| 20Q1 (5) | 0.96 | -13.51 | -7.69 | 0.65 | -14.47 | -14.47 | 94.85 | 15.71 | 8.29 | 139.35 | 15.67 | 16.11 | 46.20 | -3.91 | -10.05 | 187.99 | 21.79 | 20.32 |
| 19Q4 (4) | 1.11 | -11.2 | 0.0 | 0.76 | -7.32 | 0.0 | 81.97 | 12.7 | 0.0 | 120.47 | 8.39 | 0.0 | 48.08 | -0.93 | 0.0 | 154.36 | 14.06 | 0.0 |
| 19Q3 (3) | 1.25 | 8.7 | 0.0 | 0.82 | 0.0 | 0.0 | 72.73 | -7.84 | 0.0 | 111.14 | 0.09 | 0.0 | 48.53 | 0.87 | 0.0 | 135.33 | -4.59 | 0.0 |
| 19Q2 (2) | 1.15 | 10.58 | 0.0 | 0.82 | 7.89 | 0.0 | 78.92 | -9.9 | 0.0 | 111.04 | -7.48 | 0.0 | 48.11 | -6.33 | 0.0 | 141.84 | -9.22 | 0.0 |
| 19Q1 (1) | 1.04 | 0.0 | 0.0 | 0.76 | 0.0 | 0.0 | 87.59 | 0.0 | 0.0 | 120.02 | 0.0 | 0.0 | 51.36 | 0.0 | 0.0 | 156.24 | 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) | 5.33 | -11.46 | 1.58 | -19.8 | 68.54 | 13.03 | 231.68 | 25.12 | 45.60 | -4.94 | 254.62 | 28.71 |
| 2022 (9) | 6.02 | -2.9 | 1.97 | -22.13 | 60.64 | 3.08 | 185.16 | 28.35 | 47.97 | -5.03 | 197.83 | 29.67 |
| 2021 (8) | 6.20 | 16.98 | 2.53 | -17.59 | 58.83 | -14.59 | 144.26 | 21.32 | 50.51 | 2.91 | 152.57 | 9.98 |
| 2020 (7) | 5.30 | 17.26 | 3.07 | 0.0 | 68.88 | -14.65 | 118.91 | 0.01 | 49.08 | 1.8 | 138.72 | -8.38 |
| 2019 (6) | 4.52 | -4.03 | 3.07 | -3.76 | 80.70 | 4.12 | 118.90 | 4.02 | 48.21 | -3.66 | 151.40 | 6.79 |
| 2018 (5) | 4.71 | 0.21 | 3.19 | 4.59 | 77.51 | -0.23 | 114.31 | -4.43 | 50.04 | -1.94 | 141.78 | -3.07 |
| 2017 (4) | 4.70 | -6.56 | 3.05 | -3.17 | 77.69 | 7.16 | 119.61 | 3.33 | 51.03 | 9.37 | 146.27 | 3.31 |
| 2016 (3) | 5.03 | -6.85 | 3.15 | -10.26 | 72.50 | 7.34 | 115.76 | 11.36 | 46.66 | 0.32 | 141.59 | 13.3 |
| 2015 (2) | 5.40 | -5.43 | 3.51 | -9.07 | 67.54 | 5.63 | 103.95 | 9.91 | 46.51 | -2.92 | 124.97 | 12.98 |
| 2014 (1) | 5.71 | 5.94 | 3.86 | 4.32 | 63.94 | -5.6 | 94.58 | -4.23 | 47.91 | -9.91 | 110.61 | -2.37 |
