- 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) | 1.52 | 2.7 | -4.4 | 2.85 | -3.72 | 55.74 | 59.86 | -2.76 | 4.32 | 31.97 | 4.07 | -35.53 | 41.90 | -5.88 | -21.84 | 49.94 | 4.56 | -6.41 |
| 23Q3 (19) | 1.48 | -3.27 | -3.9 | 2.96 | 14.29 | 133.07 | 61.56 | 3.34 | 4.5 | 30.72 | -12.65 | -57.05 | 44.52 | -15.78 | -33.99 | 47.76 | 14.04 | -24.19 |
| 23Q2 (18) | 1.53 | 6.25 | 3.38 | 2.59 | 2.78 | 56.02 | 59.57 | -5.68 | -3.19 | 35.17 | -2.63 | -35.83 | 52.86 | 4.12 | 12.02 | 41.88 | -13.69 | -39.44 |
| 23Q1 (17) | 1.44 | -9.43 | -12.2 | 2.52 | 37.7 | 61.54 | 63.16 | 10.07 | 13.9 | 36.12 | -27.16 | -38.19 | 50.77 | -5.3 | 24.28 | 48.52 | -9.07 | -33.57 |
| 22Q4 (16) | 1.59 | 3.25 | 3.25 | 1.83 | 44.09 | 61.95 | 57.38 | -2.6 | -2.84 | 49.59 | -30.67 | -38.53 | 53.61 | -20.51 | -9.64 | 53.36 | -15.3 | -33.63 |
| 22Q3 (15) | 1.54 | 4.05 | -3.14 | 1.27 | -23.49 | -7.3 | 58.91 | -4.26 | 3.22 | 71.53 | 30.51 | 7.82 | 67.44 | 42.91 | 28.7 | 63.00 | -8.89 | -11.29 |
| 22Q2 (14) | 1.48 | -9.76 | -10.84 | 1.66 | 6.41 | 12.16 | 61.53 | 10.96 | 12.45 | 54.81 | -6.21 | -10.91 | 47.19 | 15.52 | 14.59 | 69.15 | -5.33 | -7.87 |
| 22Q1 (13) | 1.64 | 6.49 | -0.61 | 1.56 | 38.05 | 13.04 | 55.45 | -6.11 | 0.84 | 58.44 | -27.56 | -11.36 | 40.85 | -31.15 | 2.05 | 73.04 | -9.15 | -9.7 |
| 21Q4 (12) | 1.54 | -3.14 | -14.92 | 1.13 | -17.52 | -16.91 | 59.06 | 3.49 | 17.77 | 80.67 | 21.6 | 20.96 | 59.33 | 13.23 | 46.67 | 80.40 | 13.21 | 5.25 |
| 21Q3 (11) | 1.59 | -4.22 | -23.92 | 1.37 | -7.43 | 7.87 | 57.07 | 4.29 | 31.26 | 66.34 | 7.83 | -7.18 | 52.40 | 27.25 | 55.4 | 71.02 | -5.38 | -12.57 |
| 21Q2 (10) | 1.66 | 0.61 | -11.23 | 1.48 | 7.25 | 33.33 | 54.72 | -0.49 | 12.62 | 61.52 | -6.69 | -25.23 | 41.18 | 2.87 | 14.93 | 75.06 | -7.21 | -21.01 |
| 21Q1 (9) | 1.65 | -8.84 | -16.24 | 1.38 | 1.47 | 42.27 | 54.99 | 9.65 | 19.21 | 65.93 | -1.14 | -29.66 | 40.03 | -1.04 | -18.21 | 80.89 | 5.89 | -11.03 |
| 20Q4 (8) | 1.81 | -13.4 | -7.65 | 1.36 | 7.09 | 34.65 | 50.15 | 15.34 | 8.29 | 66.69 | -6.69 | -25.8 | 40.45 | 19.96 | -10.79 | 76.39 | -5.96 | -15.93 |
| 20Q3 (7) | 2.09 | 11.76 | 25.15 | 1.27 | 14.41 | 8.55 | 43.48 | -10.52 | -20.29 | 71.47 | -13.14 | -7.91 | 33.72 | -5.89 | -36.64 | 81.23 | -14.52 | 2.9 |
| 20Q2 (6) | 1.87 | -5.08 | -2.6 | 1.11 | 14.43 | -15.91 | 48.59 | 5.33 | 2.45 | 82.28 | -12.22 | 19.28 | 35.83 | -26.79 | -30.82 | 95.03 | 4.52 | 47.06 |
| 20Q1 (5) | 1.97 | 0.51 | 16.57 | 0.97 | -3.96 | -21.14 | 46.13 | -0.39 | -14.27 | 93.73 | 4.28 | 27.13 | 48.94 | 7.94 | 29.95 | 90.92 | 0.07 | 1.16 |
| 19Q4 (4) | 1.96 | 17.37 | 0.0 | 1.01 | -13.68 | 0.0 | 46.31 | -15.11 | 0.0 | 89.88 | 15.81 | 0.0 | 45.34 | -14.81 | 0.0 | 90.86 | 15.1 | 0.0 |
| 19Q3 (3) | 1.67 | -13.02 | 0.0 | 1.17 | -11.36 | 0.0 | 54.55 | 15.01 | 0.0 | 77.61 | 12.51 | 0.0 | 53.22 | 2.76 | 0.0 | 78.94 | 22.16 | 0.0 |
| 19Q2 (2) | 1.92 | 13.61 | 0.0 | 1.32 | 7.32 | 0.0 | 47.43 | -11.86 | 0.0 | 68.98 | -6.44 | 0.0 | 51.79 | 37.52 | 0.0 | 64.62 | -28.1 | 0.0 |
| 19Q1 (1) | 1.69 | 0.0 | 0.0 | 1.23 | 0.0 | 0.0 | 53.81 | 0.0 | 0.0 | 73.73 | 0.0 | 0.0 | 37.66 | 0.0 | 0.0 | 89.88 | 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) | 6.03 | -2.9 | 10.76 | 52.41 | 60.52 | 2.89 | 33.91 | -34.37 | 43.84 | -3.96 | 50.59 | -21.99 |
| 2022 (9) | 6.21 | -11.29 | 7.06 | 25.4 | 58.82 | 12.83 | 51.67 | -20.25 | 45.65 | 9.29 | 64.85 | -13.71 |
| 2021 (8) | 7.00 | -3.45 | 5.63 | 21.6 | 52.13 | 3.49 | 64.79 | -17.84 | 41.77 | -8.02 | 75.15 | -10.35 |
| 2020 (7) | 7.25 | -6.33 | 4.63 | 7.67 | 50.37 | 6.78 | 78.86 | -7.16 | 45.41 | 6.05 | 83.83 | -6.11 |
| 2019 (6) | 7.74 | 24.44 | 4.30 | -20.66 | 47.17 | -19.63 | 84.94 | 26.06 | 42.82 | 2.66 | 89.29 | 5.84 |
| 2018 (5) | 6.22 | 5.6 | 5.42 | -8.29 | 58.69 | -5.35 | 67.38 | 9.05 | 41.71 | -32.66 | 84.36 | 36.37 |
| 2017 (4) | 5.89 | -8.82 | 5.91 | 8.64 | 62.01 | 9.73 | 61.79 | -7.94 | 61.94 | -10.63 | 61.86 | 13.88 |
| 2016 (3) | 6.46 | 3.19 | 5.44 | -0.37 | 56.51 | -3.07 | 67.12 | 0.36 | 69.31 | 1.91 | 54.32 | -4.99 |
| 2015 (2) | 6.26 | 77.84 | 5.46 | -52.4 | 58.30 | -43.76 | 66.88 | 110.18 | 68.01 | 44.24 | 57.17 | -35.28 |
| 2014 (1) | 3.52 | -7.61 | 11.47 | -3.29 | 103.66 | 8.32 | 31.82 | 3.38 | 47.15 | 9.91 | 88.33 | 5.7 |
