- 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) | 1.15 | -20.14 | -40.1 | 1.49 | 4.93 | -15.82 | 79.21 | 25.13 | 67.5 | 61.25 | -4.25 | 18.89 | 29.20 | 18.84 | 41.82 | 111.26 | 8.33 | 42.24 |
| 23Q3 (19) | 1.44 | 14.29 | -28.0 | 1.42 | 22.41 | 2.9 | 63.30 | -12.58 | 39.4 | 63.97 | -18.28 | -2.93 | 24.57 | -25.93 | 3.76 | 102.70 | -12.61 | 17.2 |
| 23Q2 (18) | 1.26 | 0.0 | -29.21 | 1.16 | -16.55 | -24.68 | 72.41 | 0.03 | 41.95 | 78.28 | 19.75 | 32.14 | 33.17 | 12.06 | 40.91 | 117.52 | 8.66 | 35.53 |
| 23Q1 (17) | 1.26 | -34.37 | -14.86 | 1.39 | -21.47 | -28.72 | 72.39 | 53.08 | 17.54 | 65.37 | 26.88 | 40.1 | 29.60 | 43.76 | 41.15 | 108.15 | 38.26 | 23.9 |
| 22Q4 (16) | 1.92 | -4.0 | 14.97 | 1.77 | 28.26 | -15.71 | 47.29 | 4.14 | -13.21 | 51.52 | -21.82 | 19.01 | 20.59 | -13.05 | 34.05 | 78.22 | -10.74 | -5.1 |
| 22Q3 (15) | 2.00 | 12.36 | 15.61 | 1.38 | -10.39 | -25.0 | 45.41 | -10.98 | -13.78 | 65.90 | 11.24 | 33.48 | 23.68 | 0.59 | 49.31 | 87.63 | 1.06 | 1.69 |
| 22Q2 (14) | 1.78 | 20.27 | -27.64 | 1.54 | -21.03 | -4.35 | 51.01 | -17.18 | 37.64 | 59.24 | 26.96 | 4.98 | 23.54 | 12.26 | 87.57 | 86.71 | -0.66 | 7.12 |
| 22Q1 (13) | 1.48 | -11.38 | 21.31 | 1.95 | -7.14 | 140.74 | 61.59 | 13.03 | -17.7 | 46.66 | 7.78 | -58.26 | 20.97 | 36.52 | 8.65 | 87.29 | 5.91 | -47.83 |
| 21Q4 (12) | 1.67 | -3.47 | 13.61 | 2.10 | 14.13 | 147.06 | 54.49 | 3.46 | -12.01 | 43.29 | -12.32 | -59.65 | 15.36 | -3.15 | 17.34 | 82.42 | -4.35 | -47.21 |
| 21Q3 (11) | 1.73 | -29.67 | -13.93 | 1.84 | 14.29 | 97.85 | 52.67 | 42.12 | 16.5 | 49.37 | -12.51 | -49.61 | 15.86 | 26.37 | 46.85 | 86.17 | 6.45 | -34.91 |
| 21Q2 (10) | 2.46 | 101.64 | 27.46 | 1.61 | 98.77 | 106.41 | 37.06 | -50.48 | -21.35 | 56.43 | -49.52 | -51.53 | 12.55 | -34.97 | -30.28 | 80.95 | -51.62 | -44.38 |
| 21Q1 (9) | 1.22 | -17.01 | 16.19 | 0.81 | -4.71 | 28.57 | 74.84 | 20.85 | -13.9 | 111.78 | 4.18 | -22.45 | 19.30 | 47.44 | -34.84 | 167.31 | 7.16 | -16.94 |
| 20Q4 (8) | 1.47 | -26.87 | -20.97 | 0.85 | -8.6 | -26.72 | 61.93 | 36.98 | 26.31 | 107.29 | 9.5 | 37.16 | 13.09 | 21.2 | -22.54 | 156.13 | 17.93 | 41.49 |
| 20Q3 (7) | 2.01 | 4.15 | 15.52 | 0.93 | 19.23 | -8.82 | 45.21 | -4.05 | -13.37 | 97.98 | -15.84 | 9.76 | 10.80 | -40.0 | -40.5 | 132.39 | -9.04 | 7.36 |
| 20Q2 (6) | 1.93 | 83.81 | 14.88 | 0.78 | 23.81 | -23.53 | 47.12 | -45.79 | -12.93 | 116.42 | -19.23 | 30.78 | 18.00 | -39.23 | -14.12 | 145.55 | -27.75 | 19.13 |
| 20Q1 (5) | 1.05 | -43.55 | -33.12 | 0.63 | -45.69 | -37.0 | 86.92 | 77.28 | 49.58 | 144.14 | 84.28 | 58.62 | 29.62 | 75.27 | 16.16 | 201.44 | 82.55 | 63.15 |
| 19Q4 (4) | 1.86 | 6.9 | 0.0 | 1.16 | 13.73 | 0.0 | 49.03 | -6.05 | 0.0 | 78.22 | -12.38 | 0.0 | 16.90 | -6.89 | 0.0 | 110.35 | -10.51 | 0.0 |
| 19Q3 (3) | 1.74 | 3.57 | 0.0 | 1.02 | 0.0 | 0.0 | 52.19 | -3.57 | 0.0 | 89.27 | 0.28 | 0.0 | 18.15 | -13.41 | 0.0 | 123.31 | 0.92 | 0.0 |
| 19Q2 (2) | 1.68 | 7.01 | 0.0 | 1.02 | 2.0 | 0.0 | 54.12 | -6.87 | 0.0 | 89.02 | -2.04 | 0.0 | 20.96 | -17.8 | 0.0 | 122.18 | -1.04 | 0.0 |
| 19Q1 (1) | 1.57 | 0.0 | 0.0 | 1.00 | 0.0 | 0.0 | 58.11 | 0.0 | 0.0 | 90.87 | 0.0 | 0.0 | 25.50 | 0.0 | 0.0 | 123.47 | 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) | 4.95 | -18.72 | 6.20 | -16.33 | 73.77 | 23.01 | 58.83 | 19.48 | 26.15 | 56.68 | 106.45 | 15.06 |
| 2022 (9) | 6.09 | -12.75 | 7.41 | 18.37 | 59.97 | 14.67 | 49.24 | -15.61 | 16.69 | 37.25 | 92.52 | -6.06 |
| 2021 (8) | 6.98 | 40.16 | 6.26 | 76.84 | 52.30 | -28.7 | 58.35 | -43.41 | 12.16 | -37.99 | 98.49 | -37.21 |
| 2020 (7) | 4.98 | -17.0 | 3.54 | -21.68 | 73.35 | 20.56 | 103.11 | 27.74 | 19.61 | -9.21 | 156.86 | 30.76 |
| 2019 (6) | 6.00 | -22.88 | 4.52 | -22.34 | 60.84 | 29.72 | 80.72 | 28.78 | 21.60 | -2.04 | 119.96 | 37.05 |
| 2018 (5) | 7.78 | 18.06 | 5.82 | -2.18 | 46.90 | -15.3 | 62.68 | 2.27 | 22.05 | 19.51 | 87.53 | -10.87 |
| 2017 (4) | 6.59 | -6.79 | 5.95 | 5.68 | 55.37 | 7.22 | 61.29 | -5.49 | 18.45 | 55.17 | 98.21 | -6.11 |
| 2016 (3) | 7.07 | 5.52 | 5.63 | -6.63 | 51.64 | -5.27 | 64.85 | 7.14 | 11.89 | -17.55 | 104.60 | 3.96 |
| 2015 (2) | 6.70 | 7.03 | 6.03 | -33.95 | 54.51 | -6.56 | 60.53 | 51.36 | 14.42 | -2.44 | 100.62 | 20.43 |
| 2014 (1) | 6.26 | -9.01 | 9.13 | -7.4 | 58.34 | 9.89 | 39.99 | 7.99 | 14.78 | -32.85 | 83.55 | 22.69 |
