- 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) | 1.70 | 11.11 | -2.3 | 0.37 | -9.76 | -27.45 | 53.59 | -10.19 | 2.64 | 249.04 | 13.3 | 40.66 | 76.01 | 8.06 | 9.48 | 226.62 | 8.37 | 41.8 |
| 23Q3 (19) | 1.53 | -18.18 | -5.56 | 0.41 | -10.87 | -19.61 | 59.67 | 22.4 | 6.52 | 219.80 | 11.14 | 22.83 | 70.34 | 2.28 | -3.3 | 209.12 | 17.65 | 28.91 |
| 23Q2 (18) | 1.87 | 6.25 | -3.61 | 0.46 | -2.13 | -14.81 | 48.75 | -5.94 | 3.97 | 197.76 | 1.32 | 18.18 | 68.77 | -12.52 | -12.96 | 177.75 | 5.56 | 31.45 |
| 23Q1 (17) | 1.76 | 1.15 | 10.69 | 0.47 | -7.84 | 14.63 | 51.83 | -0.73 | -9.31 | 195.18 | 10.24 | -11.7 | 78.61 | 13.22 | -36.85 | 168.39 | 5.36 | 9.56 |
| 22Q4 (16) | 1.74 | 7.41 | 1.75 | 0.51 | 0.0 | -10.53 | 52.21 | -6.8 | -1.84 | 177.05 | -1.06 | 11.43 | 69.43 | -4.55 | -31.7 | 159.82 | -1.48 | 44.75 |
| 22Q3 (15) | 1.62 | -16.49 | -7.43 | 0.51 | -5.56 | -17.74 | 56.02 | 19.47 | 7.75 | 178.94 | 6.93 | 22.09 | 72.74 | -7.94 | -19.82 | 162.22 | 19.97 | 50.45 |
| 22Q2 (14) | 1.94 | 22.01 | 23.57 | 0.54 | 31.71 | -15.62 | 46.89 | -17.95 | -19.29 | 167.34 | -24.29 | 17.4 | 79.01 | -36.53 | -7.87 | 135.22 | -12.02 | 17.71 |
| 22Q1 (13) | 1.59 | -7.02 | -4.22 | 0.41 | -28.07 | -44.59 | 57.15 | 7.45 | 4.35 | 221.03 | 39.11 | 79.45 | 124.48 | 22.45 | 90.69 | 153.70 | 39.21 | 36.43 |
| 21Q4 (12) | 1.71 | -2.29 | 20.42 | 0.57 | -8.06 | -10.94 | 53.19 | 2.31 | -16.77 | 158.89 | 8.41 | 11.77 | 101.66 | 12.06 | 32.27 | 110.41 | 2.4 | -14.55 |
| 21Q3 (11) | 1.75 | 11.46 | 6.71 | 0.62 | -3.13 | -27.91 | 51.99 | -10.52 | -6.22 | 146.56 | 2.82 | 38.15 | 90.72 | 5.78 | 57.66 | 107.82 | -6.15 | 3.68 |
| 21Q2 (10) | 1.57 | -5.42 | -23.41 | 0.64 | -13.51 | -20.99 | 58.10 | 6.08 | 30.94 | 142.54 | 15.73 | 27.23 | 85.76 | 31.37 | 81.27 | 114.88 | 1.97 | 5.32 |
| 21Q1 (9) | 1.66 | 16.9 | 2.47 | 0.74 | 15.62 | 34.55 | 54.77 | -14.3 | -2.39 | 123.17 | -13.36 | -24.98 | 65.28 | -15.07 | 14.77 | 112.66 | -12.81 | -31.06 |
| 20Q4 (8) | 1.42 | -13.41 | -14.46 | 0.64 | -25.58 | 8.47 | 63.91 | 15.28 | 16.69 | 142.16 | 34.0 | -7.69 | 76.86 | 33.58 | 49.27 | 129.21 | 24.25 | -17.85 |
| 20Q3 (7) | 1.64 | -20.0 | 8.61 | 0.86 | 6.17 | 45.76 | 55.44 | 24.95 | -7.71 | 106.09 | -5.3 | -31.23 | 57.54 | 21.62 | 11.55 | 103.99 | -4.67 | -36.1 |
| 20Q2 (6) | 2.05 | 26.54 | 37.58 | 0.81 | 47.27 | 35.0 | 44.37 | -20.92 | -27.59 | 112.03 | -31.77 | -26.32 | 47.31 | -16.82 | -4.69 | 109.08 | -33.25 | -33.36 |
| 20Q1 (5) | 1.62 | -2.41 | -1.82 | 0.55 | -6.78 | -9.84 | 56.11 | 2.45 | 1.98 | 164.19 | 6.62 | 10.12 | 56.88 | 10.47 | 27.76 | 163.42 | 3.9 | 2.39 |
| 19Q4 (4) | 1.66 | 9.93 | 0.0 | 0.59 | 0.0 | 0.0 | 54.77 | -8.82 | 0.0 | 154.00 | -0.17 | 0.0 | 51.49 | -0.17 | 0.0 | 157.28 | -3.36 | 0.0 |
| 19Q3 (3) | 1.51 | 1.34 | 0.0 | 0.59 | -1.67 | 0.0 | 60.07 | -1.97 | 0.0 | 154.26 | 1.45 | 0.0 | 51.58 | 3.91 | 0.0 | 162.74 | -0.58 | 0.0 |
| 19Q2 (2) | 1.49 | -9.7 | 0.0 | 0.60 | -1.64 | 0.0 | 61.28 | 11.38 | 0.0 | 152.05 | 1.98 | 0.0 | 49.64 | 11.5 | 0.0 | 163.69 | 2.56 | 0.0 |
| 19Q1 (1) | 1.65 | 0.0 | 0.0 | 0.61 | 0.0 | 0.0 | 55.02 | 0.0 | 0.0 | 149.10 | 0.0 | 0.0 | 44.52 | 0.0 | 0.0 | 159.60 | 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) | 7.06 | -4.21 | 1.71 | -23.66 | 51.68 | 4.3 | 214.07 | 31.37 | 78.08 | -11.75 | 187.67 | 51.32 |
| 2022 (9) | 7.37 | 13.38 | 2.24 | -3.45 | 49.55 | -11.79 | 162.95 | 3.49 | 88.48 | -6.84 | 124.02 | 4.53 |
| 2021 (8) | 6.50 | -12.99 | 2.32 | -16.55 | 56.17 | 15.01 | 157.45 | 20.12 | 94.98 | 78.17 | 118.64 | -6.3 |
| 2020 (7) | 7.47 | 6.11 | 2.78 | 22.47 | 48.84 | -5.84 | 131.08 | -18.4 | 53.31 | 10.67 | 126.62 | -22.95 |
| 2019 (6) | 7.04 | 6.34 | 2.27 | 14.65 | 51.87 | -5.9 | 160.64 | -12.64 | 48.17 | -20.58 | 164.33 | -7.87 |
| 2018 (5) | 6.62 | -4.75 | 1.98 | -5.71 | 55.12 | 4.89 | 183.89 | 5.59 | 60.65 | -14.36 | 178.36 | 14.41 |
| 2017 (4) | 6.95 | 13.01 | 2.10 | -11.02 | 52.55 | -11.38 | 174.16 | 12.47 | 70.82 | 17.88 | 155.89 | 1.17 |
| 2016 (3) | 6.15 | -2.07 | 2.36 | 3.96 | 59.30 | 2.03 | 154.85 | -3.51 | 60.08 | 8.02 | 154.08 | -5.47 |
| 2015 (2) | 6.28 | -10.16 | 2.27 | 6.57 | 58.12 | 11.23 | 160.49 | -6.28 | 55.62 | -7.73 | 162.99 | -0.13 |
| 2014 (1) | 6.99 | -3.59 | 2.13 | -10.5 | 52.25 | 3.75 | 171.24 | 11.67 | 60.28 | 6.69 | 163.21 | 10.88 |
