- 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) | 1.20 | 2.56 | -9.09 | 1.40 | 1.45 | 14.75 | 75.81 | -2.91 | 9.55 | 65.13 | -1.23 | -13.01 | 10.10 | -10.38 | 19.95 | 130.84 | -1.44 | -3.54 |
| 23Q3 (19) | 1.17 | -5.65 | -7.87 | 1.38 | 14.05 | 8.66 | 78.08 | 6.64 | 9.25 | 65.94 | -12.21 | -8.29 | 11.27 | 15.83 | 54.81 | 132.75 | -4.22 | -2.45 |
| 23Q2 (18) | 1.24 | 31.91 | -3.13 | 1.21 | 39.08 | -12.95 | 73.22 | -24.01 | 2.92 | 75.11 | -28.51 | 15.01 | 9.73 | -29.44 | 18.08 | 138.60 | -26.13 | 8.1 |
| 23Q1 (17) | 0.94 | -28.79 | -23.58 | 0.87 | -28.69 | -35.07 | 96.36 | 39.25 | 30.23 | 105.06 | 40.32 | 54.43 | 13.79 | 63.78 | -7.01 | 187.62 | 38.32 | 47.51 |
| 22Q4 (16) | 1.32 | 3.94 | -2.94 | 1.22 | -3.94 | -15.86 | 69.20 | -3.18 | 3.58 | 74.87 | 4.13 | 19.68 | 8.42 | 15.66 | -46.16 | 135.64 | -0.33 | 19.25 |
| 22Q3 (15) | 1.27 | -0.78 | 4.1 | 1.27 | -8.63 | -3.79 | 71.47 | 0.46 | -4.26 | 71.90 | 10.09 | 4.48 | 7.28 | -11.65 | -39.83 | 136.09 | 6.15 | 3.59 |
| 22Q2 (14) | 1.28 | 4.07 | 1.59 | 1.39 | 3.73 | 10.32 | 71.14 | -3.85 | -1.74 | 65.31 | -4.0 | -9.83 | 8.24 | -44.44 | -22.56 | 128.21 | 0.8 | -4.46 |
| 22Q1 (13) | 1.23 | -9.56 | 6.96 | 1.34 | -7.59 | 12.61 | 73.99 | 10.75 | -6.15 | 68.03 | 8.74 | -11.25 | 14.83 | -5.18 | 20.08 | 127.19 | 11.83 | -11.14 |
| 21Q4 (12) | 1.36 | 11.48 | 27.1 | 1.45 | 9.85 | 10.69 | 66.81 | -10.5 | -21.43 | 62.56 | -9.1 | -9.66 | 15.64 | 29.26 | 23.34 | 113.74 | -13.42 | -19.67 |
| 21Q3 (11) | 1.22 | -3.17 | -1.61 | 1.32 | 4.76 | -16.46 | 74.65 | 3.11 | 1.72 | 68.82 | -4.98 | 19.21 | 12.10 | 13.72 | 17.82 | 131.37 | -2.11 | 8.71 |
| 21Q2 (10) | 1.26 | 9.57 | 14.55 | 1.26 | 5.88 | 12.5 | 72.40 | -8.17 | -12.72 | 72.43 | -5.51 | -11.11 | 10.64 | -13.85 | -22.05 | 134.20 | -6.24 | -10.99 |
| 21Q1 (9) | 1.15 | 7.48 | 23.66 | 1.19 | -9.16 | 30.77 | 78.84 | -7.28 | -19.56 | 76.65 | 10.69 | -23.75 | 12.35 | -2.6 | -6.72 | 143.13 | 1.09 | -22.75 |
| 20Q4 (8) | 1.07 | -13.71 | -17.05 | 1.31 | -17.09 | -9.66 | 85.03 | 15.86 | 20.68 | 69.25 | 19.95 | 9.99 | 12.68 | 23.47 | 93.0 | 141.59 | 17.16 | 11.62 |
| 20Q3 (7) | 1.24 | 12.73 | 5.98 | 1.58 | 41.07 | 31.67 | 73.39 | -11.53 | -5.55 | 57.73 | -29.15 | -23.8 | 10.27 | -24.76 | -5.95 | 120.85 | -19.84 | -15.22 |
| 20Q2 (6) | 1.10 | 18.28 | -4.35 | 1.12 | 23.08 | -2.61 | 82.95 | -15.37 | 5.16 | 81.48 | -18.94 | 2.63 | 13.65 | 3.1 | 16.27 | 150.77 | -18.63 | 2.89 |
| 20Q1 (5) | 0.93 | -27.91 | -5.1 | 0.91 | -37.24 | -16.51 | 98.01 | 39.1 | 5.43 | 100.52 | 59.66 | 20.8 | 13.24 | 101.52 | 19.93 | 185.29 | 46.07 | 12.2 |
| 19Q4 (4) | 1.29 | 10.26 | 0.0 | 1.45 | 20.83 | 0.0 | 70.46 | -9.32 | 0.0 | 62.96 | -16.9 | 0.0 | 6.57 | -39.84 | 0.0 | 126.85 | -11.01 | 0.0 |
| 19Q3 (3) | 1.17 | 1.74 | 0.0 | 1.20 | 4.35 | 0.0 | 77.70 | -1.5 | 0.0 | 75.76 | -4.57 | 0.0 | 10.92 | -6.98 | 0.0 | 142.54 | -2.72 | 0.0 |
| 19Q2 (2) | 1.15 | 17.35 | 0.0 | 1.15 | 5.5 | 0.0 | 78.88 | -15.15 | 0.0 | 79.39 | -4.59 | 0.0 | 11.74 | 6.34 | 0.0 | 146.53 | -11.27 | 0.0 |
| 19Q1 (1) | 0.98 | 0.0 | 0.0 | 1.09 | 0.0 | 0.0 | 92.96 | 0.0 | 0.0 | 83.21 | 0.0 | 0.0 | 11.04 | 0.0 | 0.0 | 165.14 | 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) | 4.16 | -11.68 | 4.27 | -9.92 | 87.72 | 13.23 | 85.51 | 10.97 | 10.83 | -30.98 | 162.41 | 16.98 |
| 2022 (9) | 4.71 | -0.21 | 4.74 | -8.67 | 77.47 | 0.1 | 77.06 | 9.55 | 15.69 | -5.14 | 138.84 | 5.83 |
| 2021 (8) | 4.72 | 16.54 | 5.19 | 10.66 | 77.39 | -14.03 | 70.34 | -9.57 | 16.54 | 70.16 | 131.19 | -17.01 |
| 2020 (7) | 4.05 | -3.8 | 4.69 | -5.25 | 90.02 | 3.94 | 77.78 | 5.48 | 9.72 | 18.25 | 158.07 | 3.9 |
| 2019 (6) | 4.21 | -7.06 | 4.95 | 12.24 | 86.61 | 7.46 | 73.74 | -10.95 | 8.22 | -10.26 | 152.13 | -1.37 |
| 2018 (5) | 4.53 | 5.84 | 4.41 | 18.23 | 80.60 | -5.41 | 82.81 | -15.46 | 9.16 | -7.19 | 154.25 | -10.99 |
| 2017 (4) | 4.28 | -6.14 | 3.73 | -15.8 | 85.21 | 6.46 | 97.95 | 18.93 | 9.87 | -4.73 | 173.29 | 13.98 |
| 2016 (3) | 4.56 | 2.01 | 4.43 | -13.48 | 80.04 | -1.96 | 82.36 | 15.53 | 10.36 | -20.43 | 152.03 | 8.66 |
| 2015 (2) | 4.47 | -10.06 | 5.12 | -21.47 | 81.64 | 11.23 | 71.29 | 27.37 | 13.02 | 18.04 | 139.91 | 18.23 |
| 2014 (1) | 4.97 | 4.19 | 6.52 | 27.84 | 73.40 | -4.14 | 55.97 | -21.82 | 11.03 | -10.4 | 118.34 | -12.9 |
