- 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) | 1.78 | -9.64 | 3.49 | 1.95 | 12.72 | 23.42 | 51.25 | 10.91 | -3.03 | 46.64 | -11.3 | -18.77 | 67.70 | 14.73 | 32.05 | 30.18 | -24.13 | -48.85 |
| 23Q3 (19) | 1.97 | 14.53 | 15.88 | 1.73 | 40.65 | 7.45 | 46.21 | -12.48 | -13.48 | 52.58 | -29.13 | -6.79 | 59.01 | -2.16 | 15.28 | 39.78 | -40.33 | -32.16 |
| 23Q2 (18) | 1.72 | 9.55 | 6.83 | 1.23 | -3.91 | -23.13 | 52.80 | -8.9 | -6.47 | 74.19 | 4.24 | 30.07 | 60.31 | 6.27 | 10.44 | 66.67 | -7.89 | 13.23 |
| 23Q1 (17) | 1.57 | -8.72 | -6.55 | 1.28 | -18.99 | -28.09 | 57.96 | 9.67 | 6.88 | 71.17 | 23.95 | 39.14 | 56.75 | 10.69 | 6.43 | 72.38 | 22.68 | 39.03 |
| 22Q4 (16) | 1.72 | 1.18 | 0.58 | 1.58 | -1.86 | -15.96 | 52.85 | -1.05 | -0.66 | 57.42 | 1.79 | 18.59 | 51.27 | 0.16 | -1.88 | 59.00 | 0.61 | 19.51 |
| 22Q3 (15) | 1.70 | 5.59 | -1.73 | 1.61 | 0.63 | -15.71 | 53.41 | -5.39 | 1.79 | 56.41 | -1.1 | 18.48 | 51.19 | -6.26 | 2.05 | 58.64 | -0.41 | 17.47 |
| 22Q2 (14) | 1.61 | -4.17 | -4.73 | 1.60 | -10.11 | -15.34 | 56.45 | 4.09 | 4.81 | 57.04 | 11.52 | 18.61 | 54.61 | 2.42 | 12.71 | 58.88 | 13.1 | 10.06 |
| 22Q1 (13) | 1.68 | -1.75 | 3.07 | 1.78 | -5.32 | -11.44 | 54.23 | 1.94 | -2.85 | 51.15 | 5.64 | 12.89 | 53.32 | 2.05 | 4.16 | 52.06 | 5.45 | 4.25 |
| 21Q4 (12) | 1.71 | -1.16 | -13.2 | 1.88 | -1.57 | -23.58 | 53.20 | 1.39 | 15.23 | 48.42 | 1.7 | 30.94 | 52.25 | 4.17 | 21.09 | 49.37 | -1.1 | 23.42 |
| 21Q3 (11) | 1.73 | 2.37 | -12.18 | 1.91 | 1.06 | -4.98 | 52.47 | -2.58 | 13.72 | 47.61 | -1.0 | 5.19 | 50.16 | 3.53 | 10.83 | 49.92 | -6.69 | 8.17 |
| 21Q2 (10) | 1.69 | 3.68 | 1.81 | 1.89 | -5.97 | 18.12 | 53.86 | -3.51 | -1.73 | 48.09 | 6.14 | -15.48 | 48.45 | -5.35 | 1.28 | 53.50 | 7.13 | -16.25 |
| 21Q1 (9) | 1.63 | -17.26 | -4.12 | 2.01 | -18.29 | 19.64 | 55.82 | 20.9 | 4.04 | 45.31 | 22.53 | -16.43 | 51.19 | 18.63 | 7.32 | 49.94 | 24.85 | -17.0 |
| 20Q4 (8) | 1.97 | 0.0 | -8.37 | 2.46 | 22.39 | 16.04 | 46.17 | 0.07 | 8.99 | 36.98 | -18.29 | -13.78 | 43.15 | -4.66 | 1.2 | 40.00 | -13.33 | -6.13 |
| 20Q3 (7) | 1.97 | 18.67 | -15.45 | 2.01 | 25.62 | -6.07 | 46.14 | -15.82 | 18.04 | 45.26 | -20.46 | 6.52 | 45.26 | -5.39 | 25.69 | 46.15 | -27.76 | 1.25 |
| 20Q2 (6) | 1.66 | -2.35 | -20.19 | 1.60 | -4.76 | 1.27 | 54.81 | 2.16 | 25.22 | 56.90 | 4.94 | -1.32 | 47.84 | 0.29 | 19.42 | 63.88 | 6.17 | 4.11 |
| 20Q1 (5) | 1.70 | -20.93 | -10.99 | 1.68 | -20.75 | 20.86 | 53.65 | 26.65 | 12.33 | 54.22 | 26.42 | -17.32 | 47.70 | 11.87 | -2.49 | 60.17 | 41.21 | -6.6 |
| 19Q4 (4) | 2.15 | -7.73 | 0.0 | 2.12 | -0.93 | 0.0 | 42.36 | 8.37 | 0.0 | 42.89 | 0.94 | 0.0 | 42.64 | 18.41 | 0.0 | 42.61 | -6.52 | 0.0 |
| 19Q3 (3) | 2.33 | 12.02 | 0.0 | 2.14 | 35.44 | 0.0 | 39.09 | -10.69 | 0.0 | 42.49 | -26.31 | 0.0 | 36.01 | -10.11 | 0.0 | 45.58 | -25.72 | 0.0 |
| 19Q2 (2) | 2.08 | 8.9 | 0.0 | 1.58 | 13.67 | 0.0 | 43.77 | -8.35 | 0.0 | 57.66 | -12.08 | 0.0 | 40.06 | -18.11 | 0.0 | 61.36 | -4.75 | 0.0 |
| 19Q1 (1) | 1.91 | 0.0 | 0.0 | 1.39 | 0.0 | 0.0 | 47.76 | 0.0 | 0.0 | 65.58 | 0.0 | 0.0 | 48.92 | 0.0 | 0.0 | 64.42 | 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) | 6.06 | -15.13 | 6.19 | -11.82 | 60.23 | 17.8 | 59.00 | 13.48 | 71.58 | 46.32 | 47.66 | -12.07 |
| 2022 (9) | 7.14 | 8.68 | 7.02 | -9.77 | 51.13 | -7.94 | 51.99 | 10.76 | 48.92 | -7.42 | 54.20 | 9.16 |
| 2021 (8) | 6.57 | -1.79 | 7.78 | 2.37 | 55.54 | 1.85 | 46.94 | -2.27 | 52.84 | -1.49 | 49.65 | 1.49 |
| 2020 (7) | 6.69 | -19.4 | 7.60 | 8.57 | 54.53 | 23.96 | 48.03 | -7.88 | 53.64 | 13.93 | 48.92 | -0.24 |
| 2019 (6) | 8.30 | 3.88 | 7.00 | 6.54 | 43.99 | -3.72 | 52.14 | -6.14 | 47.08 | 8.53 | 49.04 | -15.26 |
| 2018 (5) | 7.99 | 29.92 | 6.57 | 0.31 | 45.69 | -23.05 | 55.55 | -0.29 | 43.38 | -0.23 | 57.87 | -19.19 |
| 2017 (4) | 6.15 | 11.21 | 6.55 | -7.62 | 59.38 | -9.99 | 55.71 | 8.28 | 43.48 | 9.33 | 71.61 | -7.78 |
| 2016 (3) | 5.53 | -11.52 | 7.09 | 5.51 | 65.97 | 12.9 | 51.45 | -5.27 | 39.77 | -0.85 | 77.65 | 6.93 |
| 2015 (2) | 6.25 | -27.16 | 6.72 | -7.95 | 58.43 | 37.26 | 54.31 | 8.69 | 40.11 | -3.02 | 72.62 | 41.92 |
| 2014 (1) | 8.58 | 8.2 | 7.30 | 7.51 | 42.57 | -7.5 | 49.97 | -7.1 | 41.36 | -10.44 | 51.17 | -4.6 |
