- 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) | 1.51 | -2.58 | 1.34 | 0.46 | -8.0 | -14.81 | 60.45 | 3.25 | -1.27 | 199.89 | 8.84 | 18.34 | 84.41 | 5.26 | 3.97 | 175.93 | 8.59 | 18.11 |
| 23Q3 (19) | 1.55 | -1.27 | 9.93 | 0.50 | 2.04 | -7.41 | 58.55 | 0.74 | -9.04 | 183.65 | -0.73 | 8.95 | 80.19 | 2.79 | -8.69 | 162.01 | -1.88 | 11.65 |
| 23Q2 (18) | 1.57 | 1.95 | 3.29 | 0.49 | -7.55 | -14.04 | 58.12 | -1.46 | -3.04 | 185.00 | 7.54 | 15.17 | 78.01 | 1.68 | -0.84 | 165.12 | 7.02 | 16.36 |
| 23Q1 (17) | 1.54 | 3.36 | 27.27 | 0.53 | -1.85 | 8.16 | 58.98 | -3.67 | -21.31 | 172.03 | 1.85 | -6.85 | 76.72 | -5.51 | -4.21 | 154.29 | 3.59 | -14.07 |
| 22Q4 (16) | 1.49 | 5.67 | 15.5 | 0.54 | 0.0 | 0.0 | 61.23 | -4.88 | -13.14 | 168.91 | 0.2 | 0.38 | 81.19 | -7.55 | -6.87 | 148.95 | 2.65 | -1.74 |
| 22Q3 (15) | 1.41 | -7.24 | 9.3 | 0.54 | -5.26 | -15.62 | 64.37 | 7.39 | -8.76 | 168.57 | 4.94 | 18.5 | 87.82 | 11.63 | -3.77 | 145.11 | 2.26 | 19.38 |
| 22Q2 (14) | 1.52 | 25.62 | 19.69 | 0.57 | 16.33 | -21.92 | 59.94 | -20.03 | -16.46 | 160.63 | -13.03 | 28.18 | 78.67 | -1.77 | -10.8 | 141.90 | -20.97 | 30.34 |
| 22Q1 (13) | 1.21 | -6.2 | -21.43 | 0.49 | -9.26 | -46.15 | 74.95 | 6.33 | 26.43 | 184.69 | 9.76 | 85.38 | 80.09 | -8.13 | 12.87 | 179.56 | 18.46 | 104.16 |
| 21Q4 (12) | 1.29 | 0.0 | -12.24 | 0.54 | -15.62 | -43.16 | 70.49 | -0.09 | 13.77 | 168.27 | 18.29 | 75.74 | 87.18 | -4.47 | 28.39 | 151.58 | 24.71 | 68.76 |
| 21Q3 (11) | 1.29 | 1.57 | -15.13 | 0.64 | -12.33 | -36.0 | 70.55 | -1.67 | 17.86 | 142.25 | 13.51 | 55.81 | 91.26 | 3.47 | 48.63 | 121.55 | 11.65 | 35.42 |
| 21Q2 (10) | 1.27 | -17.53 | -15.89 | 0.73 | -19.78 | -15.12 | 71.75 | 21.04 | 19.17 | 125.32 | 25.79 | 18.22 | 88.20 | 24.3 | 44.64 | 108.87 | 23.79 | 3.45 |
| 21Q1 (9) | 1.54 | 4.76 | 11.59 | 0.91 | -4.21 | 21.33 | 59.28 | -4.33 | -10.2 | 99.63 | 4.05 | -17.9 | 70.96 | 4.51 | 7.13 | 87.95 | -2.08 | -27.39 |
| 20Q4 (8) | 1.47 | -3.29 | 0.0 | 0.95 | -5.0 | 11.76 | 61.96 | 3.51 | 0.19 | 95.75 | 4.87 | -10.32 | 67.90 | 10.59 | 14.02 | 89.82 | 0.07 | -17.63 |
| 20Q3 (7) | 1.52 | 0.66 | 16.03 | 1.00 | 16.28 | 36.99 | 59.86 | -0.58 | -13.83 | 91.30 | -13.88 | -27.09 | 61.40 | 0.69 | -15.62 | 89.76 | -14.71 | -26.38 |
| 20Q2 (6) | 1.51 | 9.42 | 21.77 | 0.86 | 14.67 | 22.86 | 60.21 | -8.79 | -17.64 | 106.01 | -12.64 | -18.64 | 60.98 | -7.94 | -23.31 | 105.24 | -13.11 | -15.07 |
| 20Q1 (5) | 1.38 | -6.12 | 1.47 | 0.75 | -11.76 | -5.06 | 66.01 | 6.74 | -1.48 | 121.35 | 13.66 | 5.83 | 66.24 | 11.23 | -12.29 | 121.12 | 11.07 | 14.1 |
| 19Q4 (4) | 1.47 | 12.21 | 0.0 | 0.85 | 16.44 | 0.0 | 61.84 | -10.98 | 0.0 | 106.77 | -14.74 | 0.0 | 59.55 | -18.17 | 0.0 | 109.05 | -10.56 | 0.0 |
| 19Q3 (3) | 1.31 | 5.65 | 0.0 | 0.73 | 4.29 | 0.0 | 69.47 | -4.98 | 0.0 | 125.23 | -3.89 | 0.0 | 72.77 | -8.48 | 0.0 | 121.93 | -1.6 | 0.0 |
| 19Q2 (2) | 1.24 | -8.82 | 0.0 | 0.70 | -11.39 | 0.0 | 73.11 | 9.12 | 0.0 | 130.30 | 13.64 | 0.0 | 79.51 | 5.28 | 0.0 | 123.91 | 16.73 | 0.0 |
| 19Q1 (1) | 1.36 | 0.0 | 0.0 | 0.79 | 0.0 | 0.0 | 67.00 | 0.0 | 0.0 | 114.66 | 0.0 | 0.0 | 75.52 | 0.0 | 0.0 | 106.15 | 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) | 6.45 | 5.22 | 2.02 | -9.01 | 56.63 | -4.94 | 180.55 | 9.98 | 75.85 | 2.79 | 161.33 | 7.6 |
| 2022 (9) | 6.13 | 7.17 | 2.22 | -17.78 | 59.57 | -6.64 | 164.17 | 21.57 | 73.79 | 1.33 | 149.94 | 18.98 |
| 2021 (8) | 5.72 | -1.38 | 2.70 | -18.92 | 63.81 | 1.32 | 135.04 | 23.29 | 72.82 | 5.31 | 126.02 | 21.92 |
| 2020 (7) | 5.80 | 6.42 | 3.33 | 5.71 | 62.98 | -5.94 | 109.53 | -5.5 | 69.15 | -6.22 | 103.36 | -5.29 |
| 2019 (6) | 5.45 | -4.55 | 3.15 | -8.43 | 66.96 | 4.71 | 115.91 | 9.09 | 73.74 | -7.49 | 109.13 | 20.6 |
| 2018 (5) | 5.71 | 9.39 | 3.44 | -9.47 | 63.95 | -8.6 | 106.25 | 10.56 | 79.71 | 6.51 | 90.49 | -0.82 |
| 2017 (4) | 5.22 | 6.1 | 3.80 | -12.64 | 69.97 | -5.76 | 96.10 | 14.45 | 74.84 | 23.54 | 91.24 | -6.55 |
| 2016 (3) | 4.92 | -0.61 | 4.35 | -4.61 | 74.25 | 0.61 | 83.97 | 4.83 | 60.58 | 10.31 | 97.63 | -1.36 |
| 2015 (2) | 4.95 | 7.61 | 4.56 | 3.87 | 73.80 | -7.05 | 80.10 | -3.64 | 54.92 | 0.48 | 98.98 | -8.24 |
| 2014 (1) | 4.60 | 2.68 | 4.39 | -2.23 | 79.40 | -2.54 | 83.13 | 2.25 | 54.66 | 7.51 | 107.87 | -3.64 |
