- 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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q3 (20) | 2.27 | -5.81 | -9.56 | 75.53 | 180.99 | 295.65 | 40.14 | 6.5 | 10.76 | 1.20 | -64.6 | -74.84 | 32.04 | 7.99 | 14.51 | 9.30 | -18.42 | -28.63 |
| 23Q2 (19) | 2.41 | 0.84 | -6.59 | 26.88 | 35.62 | 38.7 | 37.69 | -1.15 | 7.01 | 3.39 | -26.14 | -27.87 | 29.67 | 3.49 | 21.25 | 11.40 | -18.86 | -26.21 |
| 23Q1 (18) | 2.39 | -9.13 | 0.0 | 19.82 | -22.76 | 23.11 | 38.13 | 10.33 | 0.13 | 4.59 | 29.3 | -18.76 | 28.67 | 8.19 | 15.6 | 14.05 | 21.12 | -25.78 |
| 22Q4 (17) | 2.63 | 4.78 | 16.37 | 25.66 | 34.42 | 71.07 | 34.56 | -4.64 | -14.26 | 3.55 | -25.58 | -41.52 | 26.50 | -5.29 | -7.6 | 11.60 | -10.97 | -34.46 |
| 22Q3 (16) | 2.51 | -2.71 | 10.57 | 19.09 | -1.5 | 5.41 | 36.24 | 2.9 | -9.47 | 4.77 | 1.49 | -4.98 | 27.98 | 14.34 | 7.86 | 13.03 | -15.66 | -31.85 |
| 22Q2 (15) | 2.58 | 7.95 | 12.66 | 19.38 | 20.37 | 30.07 | 35.22 | -7.51 | -11.49 | 4.70 | -16.81 | -23.08 | 24.47 | -1.33 | 6.86 | 15.45 | -18.38 | -32.86 |
| 22Q1 (14) | 2.39 | 5.75 | 17.73 | 16.10 | 7.33 | 0.31 | 38.08 | -5.53 | -15.23 | 5.65 | -6.92 | -0.35 | 24.80 | -13.53 | 5.94 | 18.93 | 6.95 | -30.35 |
| 21Q4 (13) | 2.26 | -0.44 | -6.22 | 15.00 | -17.17 | -37.58 | 40.31 | 0.7 | 6.92 | 6.07 | 20.92 | 60.16 | 28.68 | 10.56 | 60.13 | 17.70 | -7.43 | -24.9 |
| 21Q3 (12) | 2.27 | -0.87 | -6.97 | 18.11 | 21.54 | -18.86 | 40.03 | 0.6 | 7.23 | 5.02 | -17.84 | 23.04 | 25.94 | 13.28 | 79.39 | 19.12 | -16.91 | -29.03 |
| 21Q2 (11) | 2.29 | 12.81 | -4.58 | 14.90 | -7.17 | -16.2 | 39.79 | -11.42 | 5.01 | 6.11 | 7.76 | 19.34 | 22.90 | -2.18 | 23.12 | 23.01 | -15.34 | -5.7 |
| 21Q1 (10) | 2.03 | -15.77 | -8.14 | 16.05 | -33.21 | 43.18 | 44.92 | 19.15 | 9.27 | 5.67 | 49.6 | -30.17 | 23.41 | 30.71 | -10.89 | 27.18 | 15.32 | 18.38 |
| 20Q4 (9) | 2.41 | -1.23 | 5.24 | 24.03 | 7.66 | 155.1 | 37.70 | 0.99 | -5.23 | 3.79 | -7.11 | -60.77 | 17.91 | 23.86 | -31.75 | 23.57 | -12.51 | 1.55 |
| 20Q3 (8) | 2.44 | 1.67 | 7.02 | 22.32 | 25.53 | 157.44 | 37.33 | -1.48 | -6.42 | 4.08 | -20.31 | -61.14 | 14.46 | -22.26 | -45.88 | 26.94 | 10.41 | 13.86 |
| 20Q2 (7) | 2.40 | 8.6 | 13.74 | 17.78 | 58.61 | 171.87 | 37.89 | -7.83 | -12.05 | 5.12 | -36.95 | -63.19 | 18.60 | -29.2 | -43.77 | 24.40 | 6.27 | 2.05 |
| 20Q1 (6) | 2.21 | -3.49 | 1.84 | 11.21 | 19.0 | 100.54 | 41.11 | 3.34 | -1.98 | 8.12 | -15.94 | -50.12 | 26.27 | 0.11 | -27.87 | 22.96 | -1.08 | 5.32 |
| 19Q4 (5) | 2.29 | 0.44 | -5.37 | 9.42 | 8.65 | 48.11 | 39.78 | -0.28 | 5.74 | 9.66 | -8.0 | -32.49 | 26.24 | -1.8 | -21.7 | 23.21 | -1.9 | 26.0 |
| 19Q3 (4) | 2.28 | 8.06 | 0.0 | 8.67 | 32.57 | 0.0 | 39.89 | -7.4 | 0.0 | 10.50 | -24.51 | 0.0 | 26.72 | -19.23 | 0.0 | 23.66 | -1.05 | 0.0 |
| 19Q2 (3) | 2.11 | -2.76 | 0.0 | 6.54 | 16.99 | 0.0 | 43.08 | 2.72 | 0.0 | 13.91 | -14.56 | 0.0 | 33.08 | -9.17 | 0.0 | 23.91 | 9.68 | 0.0 |
| 19Q1 (2) | 2.17 | -10.33 | 0.0 | 5.59 | -12.11 | 0.0 | 41.94 | 11.48 | 0.0 | 16.28 | 13.77 | 0.0 | 36.42 | 8.68 | 0.0 | 21.80 | 18.35 | 0.0 |
| 18Q4 (1) | 2.42 | 0.0 | 0.0 | 6.36 | 0.0 | 0.0 | 37.62 | 0.0 | 0.0 | 14.31 | 0.0 | 0.0 | 33.51 | 0.0 | 0.0 | 18.42 | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 (10) | 9.42 | 12.95 | 63.84 | 7.51 | 38.74 | -11.51 | 5.72 | -6.99 | 27.76 | 7.97 | 16.70 | -31.05 |
| 2021 (9) | 8.34 | -2.8 | 59.38 | 18.81 | 43.78 | 2.94 | 6.15 | -15.75 | 25.71 | 3.63 | 24.22 | -3.24 |
| 2020 (8) | 8.58 | -6.13 | 49.98 | 89.68 | 42.53 | 6.46 | 7.30 | -47.29 | 24.81 | -23.28 | 25.03 | 16.64 |
| 2019 (7) | 9.14 | 4.58 | 26.35 | -8.32 | 39.95 | -4.33 | 13.85 | 9.06 | 32.34 | -6.18 | 21.46 | 7.35 |
| 2018 (6) | 8.74 | 19.4 | 28.74 | -44.21 | 41.76 | -16.31 | 12.70 | 79.13 | 34.47 | -3.07 | 19.99 | -6.68 |
| 2017 (5) | 7.32 | -12.96 | 51.51 | -12.96 | 49.90 | 15.0 | 7.09 | 14.91 | 35.56 | 29.69 | 21.42 | -3.25 |
| 2016 (4) | 8.41 | -18.03 | 59.18 | 86.45 | 43.39 | 21.98 | 6.17 | -46.35 | 27.42 | -16.3 | 22.14 | 54.72 |
| 2015 (3) | 10.26 | 3.43 | 31.74 | -0.28 | 35.57 | -3.37 | 11.50 | 0.26 | 32.76 | -3.79 | 14.31 | 0.56 |
| 2014 (2) | 9.92 | 1.95 | 31.83 | -51.51 | 36.81 | -1.84 | 11.47 | 106.29 | 34.05 | 22.79 | 14.23 | -7.18 |
| 2013 (1) | 9.73 | -7.77 | 65.64 | -26.05 | 37.50 | 8.38 | 5.56 | 35.28 | 27.73 | 12.0 | 15.33 | 9.81 |
