- 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) | 1.43 | 3.62 | 8.33 | 1.04 | 8.33 | 9.47 | 63.82 | -3.19 | -7.37 | 87.52 | -7.68 | -9.04 | 73.46 | 13.08 | 11.47 | 77.87 | -18.69 | -21.52 |
| 23Q3 (19) | 1.38 | 11.29 | -0.72 | 0.96 | 11.63 | 9.09 | 65.92 | -9.98 | 0.67 | 94.80 | -10.39 | -8.08 | 64.96 | 11.69 | 9.71 | 95.77 | -20.77 | -12.46 |
| 23Q2 (18) | 1.24 | 9.73 | 5.08 | 0.86 | 1.18 | 21.13 | 73.23 | -9.4 | -4.76 | 105.79 | -0.67 | -17.33 | 58.16 | -14.66 | -4.11 | 120.87 | 1.43 | -16.18 |
| 23Q1 (17) | 1.13 | -14.39 | -11.02 | 0.85 | -10.53 | 11.84 | 80.83 | 17.31 | 12.42 | 106.50 | 10.68 | -11.35 | 68.15 | 3.41 | 10.11 | 119.17 | 20.11 | -8.43 |
| 22Q4 (16) | 1.32 | -5.04 | 5.6 | 0.95 | 7.95 | 41.79 | 68.90 | 5.22 | -5.17 | 96.22 | -6.7 | -28.68 | 65.90 | 11.3 | -10.87 | 99.22 | -9.31 | -25.75 |
| 22Q3 (15) | 1.39 | 17.8 | 24.11 | 0.88 | 23.94 | 22.22 | 65.48 | -14.84 | -19.36 | 103.13 | -19.41 | -18.35 | 59.21 | -2.37 | -16.06 | 109.40 | -24.14 | -20.13 |
| 22Q2 (14) | 1.18 | -7.09 | -5.6 | 0.71 | -6.58 | -13.41 | 76.89 | 6.94 | 5.55 | 127.97 | 6.53 | 15.02 | 60.65 | -2.0 | -13.58 | 144.21 | 10.81 | 26.58 |
| 22Q1 (13) | 1.27 | 1.6 | -0.78 | 0.76 | 13.43 | -15.56 | 71.90 | -1.05 | 0.76 | 120.13 | -10.96 | 18.88 | 61.89 | -16.3 | -10.91 | 130.14 | -2.61 | 26.44 |
| 21Q4 (12) | 1.25 | 11.61 | -10.07 | 0.67 | -6.94 | -34.31 | 72.66 | -10.52 | 11.05 | 134.91 | 6.82 | 50.69 | 73.94 | 4.82 | 25.39 | 133.63 | -2.44 | 39.21 |
| 21Q3 (11) | 1.12 | -10.4 | -18.84 | 0.72 | -12.2 | -18.18 | 81.20 | 11.46 | 22.86 | 126.30 | 13.52 | 22.6 | 70.54 | 0.51 | 36.26 | 136.97 | 20.22 | 16.73 |
| 21Q2 (10) | 1.25 | -2.34 | 20.19 | 0.82 | -8.89 | 36.67 | 72.85 | 2.09 | -16.89 | 111.26 | 10.1 | -26.64 | 70.18 | 1.02 | 4.73 | 113.93 | 10.69 | -33.88 |
| 21Q1 (9) | 1.28 | -7.91 | 25.49 | 0.90 | -11.76 | 28.57 | 71.36 | 9.06 | -19.87 | 101.05 | 12.87 | -22.57 | 69.47 | 17.81 | -5.03 | 102.93 | 7.23 | -29.7 |
| 20Q4 (8) | 1.39 | 0.72 | 5.3 | 1.02 | 15.91 | 6.25 | 65.43 | -1.0 | -5.38 | 89.53 | -13.09 | -5.67 | 58.97 | 13.91 | -1.31 | 95.99 | -18.19 | -7.97 |
| 20Q3 (7) | 1.38 | 32.69 | 10.4 | 0.88 | 46.67 | -8.33 | 66.09 | -24.61 | -9.5 | 103.02 | -32.07 | 9.07 | 51.77 | -22.74 | -15.49 | 117.34 | -31.9 | 10.47 |
| 20Q2 (6) | 1.04 | 1.96 | -3.7 | 0.60 | -14.29 | -34.07 | 87.66 | -1.57 | 3.9 | 151.66 | 16.21 | 51.31 | 67.01 | -8.39 | -3.53 | 172.31 | 17.69 | 49.65 |
| 20Q1 (5) | 1.02 | -22.73 | 0.0 | 0.70 | -27.08 | -23.08 | 89.06 | 28.79 | -0.45 | 130.51 | 37.51 | 30.15 | 73.15 | 22.43 | -2.34 | 146.41 | 40.37 | 27.49 |
| 19Q4 (4) | 1.32 | 5.6 | 0.0 | 0.96 | 0.0 | 0.0 | 69.15 | -5.31 | 0.0 | 94.91 | 0.49 | 0.0 | 59.75 | -2.46 | 0.0 | 104.30 | -1.81 | 0.0 |
| 19Q3 (3) | 1.25 | 15.74 | 0.0 | 0.96 | 5.49 | 0.0 | 73.03 | -13.44 | 0.0 | 94.45 | -5.77 | 0.0 | 61.26 | -11.81 | 0.0 | 106.22 | -7.75 | 0.0 |
| 19Q2 (2) | 1.08 | 5.88 | 0.0 | 0.91 | 0.0 | 0.0 | 84.37 | -5.69 | 0.0 | 100.23 | -0.05 | 0.0 | 69.46 | -7.26 | 0.0 | 115.14 | 0.26 | 0.0 |
| 19Q1 (1) | 1.02 | 0.0 | 0.0 | 0.91 | 0.0 | 0.0 | 89.46 | 0.0 | 0.0 | 100.28 | 0.0 | 0.0 | 74.90 | 0.0 | 0.0 | 114.84 | 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) | 4.88 | 1.04 | 3.65 | 14.42 | 74.83 | -1.06 | 100.00 | -12.71 | 80.01 | 7.02 | 94.83 | -17.85 |
| 2022 (9) | 4.83 | -1.02 | 3.19 | 2.57 | 75.63 | 1.14 | 114.56 | -2.53 | 74.76 | -1.06 | 115.43 | -1.13 |
| 2021 (8) | 4.88 | 18.45 | 3.11 | -0.96 | 74.78 | -15.51 | 117.53 | 1.07 | 75.56 | -4.63 | 116.75 | -7.02 |
| 2020 (7) | 4.12 | -3.29 | 3.14 | -12.29 | 88.51 | 3.35 | 116.29 | 14.07 | 79.23 | 7.3 | 125.57 | 10.39 |
| 2019 (6) | 4.26 | 0.47 | 3.58 | -6.77 | 85.64 | -0.52 | 101.95 | 7.32 | 73.84 | -4.4 | 113.75 | 9.53 |
| 2018 (5) | 4.24 | -3.2 | 3.84 | -3.27 | 86.09 | 3.31 | 95.00 | 3.31 | 77.24 | -2.26 | 103.85 | 7.87 |
| 2017 (4) | 4.38 | 3.3 | 3.97 | -3.64 | 83.33 | -3.22 | 91.96 | 3.68 | 79.03 | 11.8 | 96.27 | -7.53 |
| 2016 (3) | 4.24 | 0.24 | 4.12 | 3.52 | 86.10 | -0.31 | 88.70 | -3.31 | 70.69 | 15.83 | 104.11 | -11.08 |
| 2015 (2) | 4.23 | -12.6 | 3.98 | 6.13 | 86.37 | 14.47 | 91.74 | -5.84 | 61.03 | -3.53 | 117.08 | 6.81 |
| 2014 (1) | 4.84 | -20.66 | 3.75 | -3.85 | 75.45 | 26.02 | 97.43 | 4.03 | 63.26 | -4.92 | 109.62 | 26.01 |
