- 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) | 1.30 | -1.52 | 13.04 | 0.73 | 15.87 | 15.87 | 70.00 | 1.8 | -11.78 | 125.03 | -12.81 | -13.47 | 40.44 | -16.48 | -36.88 | 154.59 | -5.59 | -3.24 |
| 23Q3 (19) | 1.32 | 2.33 | -8.33 | 0.63 | 1.61 | -29.21 | 68.76 | -2.85 | 9.0 | 143.40 | -1.8 | 40.46 | 48.42 | -3.81 | 0.92 | 163.74 | -1.64 | 39.72 |
| 23Q2 (18) | 1.29 | -1.53 | 1.57 | 0.62 | -11.43 | 10.71 | 70.78 | 1.56 | -0.94 | 146.03 | 12.54 | -10.67 | 50.34 | 18.22 | -17.33 | 166.47 | 6.13 | -4.35 |
| 23Q1 (17) | 1.31 | 13.91 | 10.08 | 0.70 | 11.11 | 14.75 | 69.69 | -12.17 | -9.25 | 129.76 | -10.19 | -12.98 | 42.58 | -33.54 | -30.84 | 156.86 | -1.82 | -4.55 |
| 22Q4 (16) | 1.15 | -20.14 | -24.84 | 0.63 | -29.21 | -24.1 | 79.35 | 25.79 | 33.27 | 144.49 | 41.53 | 32.09 | 64.07 | 33.53 | 16.15 | 159.76 | 36.33 | 40.42 |
| 22Q3 (15) | 1.44 | 13.39 | -10.0 | 0.89 | 58.93 | 25.35 | 63.08 | -11.71 | 11.21 | 102.09 | -37.55 | -20.85 | 47.98 | -21.2 | -24.11 | 117.19 | -32.66 | -4.33 |
| 22Q2 (14) | 1.27 | 6.72 | -22.56 | 0.56 | -8.2 | -23.29 | 71.45 | -6.95 | 29.02 | 163.47 | 9.63 | 31.13 | 60.89 | -1.1 | 19.09 | 174.04 | 5.9 | 35.01 |
| 22Q1 (13) | 1.19 | -22.22 | -19.05 | 0.61 | -26.51 | -4.69 | 76.79 | 28.97 | 23.66 | 149.11 | 36.31 | 5.33 | 61.57 | 11.62 | 39.65 | 164.34 | 44.45 | 2.99 |
| 21Q4 (12) | 1.53 | -4.38 | -6.13 | 0.83 | 16.9 | 33.87 | 59.54 | 4.97 | 6.59 | 109.39 | -15.19 | -25.31 | 55.16 | -12.75 | 34.64 | 113.77 | -7.12 | -29.48 |
| 21Q3 (11) | 1.60 | -2.44 | -9.6 | 0.71 | -2.74 | 26.79 | 56.72 | 2.42 | 10.26 | 128.99 | 3.47 | -20.15 | 63.22 | 23.65 | 20.93 | 122.49 | -4.98 | -23.78 |
| 21Q2 (10) | 1.64 | 11.56 | 6.49 | 0.73 | 14.06 | 40.38 | 55.38 | -10.82 | -6.42 | 124.66 | -11.94 | -29.33 | 51.13 | 15.97 | -6.56 | 128.91 | -19.21 | -28.72 |
| 21Q1 (9) | 1.47 | -9.82 | 24.58 | 0.64 | 3.23 | 23.08 | 62.10 | 11.17 | -19.72 | 141.57 | -3.34 | -19.36 | 44.09 | 7.62 | -11.87 | 159.57 | -1.1 | -21.34 |
| 20Q4 (8) | 1.63 | -7.91 | 7.95 | 0.62 | 10.71 | 1.64 | 55.86 | 8.59 | -7.27 | 146.46 | -9.34 | -1.15 | 40.97 | -21.63 | -19.08 | 161.34 | 0.39 | 2.27 |
| 20Q3 (7) | 1.77 | 14.94 | 22.92 | 0.56 | 7.69 | 3.7 | 51.44 | -13.08 | -18.35 | 161.55 | -8.42 | -4.03 | 52.28 | -4.46 | -12.15 | 160.71 | -11.14 | -6.48 |
| 20Q2 (6) | 1.54 | 30.51 | 9.22 | 0.52 | 0.0 | -1.89 | 59.18 | -23.49 | -8.05 | 176.40 | 0.48 | 2.63 | 54.72 | 9.37 | 5.13 | 180.85 | -10.85 | -1.81 |
| 20Q1 (5) | 1.18 | -21.85 | -11.28 | 0.52 | -14.75 | 0.0 | 77.35 | 28.4 | 13.28 | 175.55 | 18.49 | -0.26 | 50.03 | -1.19 | -0.04 | 202.87 | 28.59 | 4.45 |
| 19Q4 (4) | 1.51 | 4.86 | 0.0 | 0.61 | 12.96 | 0.0 | 60.24 | -4.38 | 0.0 | 148.16 | -11.99 | 0.0 | 50.63 | -14.92 | 0.0 | 157.76 | -8.19 | 0.0 |
| 19Q3 (3) | 1.44 | 2.13 | 0.0 | 0.54 | 1.89 | 0.0 | 63.00 | -2.11 | 0.0 | 168.34 | -2.06 | 0.0 | 59.51 | 14.33 | 0.0 | 171.84 | -6.71 | 0.0 |
| 19Q2 (2) | 1.41 | 6.02 | 0.0 | 0.53 | 1.92 | 0.0 | 64.36 | -5.74 | 0.0 | 171.88 | -2.34 | 0.0 | 52.05 | 4.0 | 0.0 | 184.19 | -5.17 | 0.0 |
| 19Q1 (1) | 1.33 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 68.28 | 0.0 | 0.0 | 176.00 | 0.0 | 0.0 | 50.05 | 0.0 | 0.0 | 194.23 | 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) | 5.34 | -7.93 | 2.70 | -5.92 | 68.31 | 8.55 | 135.41 | 6.33 | 45.66 | -10.42 | 158.06 | 13.46 |
| 2022 (9) | 5.80 | -6.45 | 2.87 | -1.37 | 62.93 | 6.84 | 127.35 | 1.49 | 50.97 | 7.42 | 139.31 | 1.74 |
| 2021 (8) | 6.20 | 10.91 | 2.91 | 23.83 | 58.90 | -9.86 | 125.48 | -19.26 | 47.45 | 11.86 | 136.93 | -23.22 |
| 2020 (7) | 5.59 | -3.45 | 2.35 | 2.17 | 65.34 | 3.63 | 155.42 | -2.21 | 42.42 | -7.62 | 178.33 | 1.28 |
| 2019 (6) | 5.79 | 4.89 | 2.30 | 5.99 | 63.05 | -4.59 | 158.94 | -5.69 | 45.92 | -10.9 | 176.07 | -3.82 |
| 2018 (5) | 5.52 | 1.1 | 2.17 | -8.82 | 66.08 | -1.11 | 168.53 | 9.87 | 51.54 | -0.85 | 183.07 | 8.82 |
| 2017 (4) | 5.46 | 5.81 | 2.38 | 11.74 | 66.82 | -5.57 | 153.39 | -10.59 | 51.98 | 1.07 | 168.23 | -11.86 |
| 2016 (3) | 5.16 | 5.95 | 2.13 | 7.58 | 70.76 | -5.58 | 171.55 | -7.11 | 51.43 | 16.57 | 190.87 | -11.43 |
| 2015 (2) | 4.87 | -8.46 | 1.98 | -5.71 | 74.94 | 9.26 | 184.69 | 6.24 | 44.12 | -1.58 | 215.51 | 9.06 |
| 2014 (1) | 5.32 | -4.32 | 2.10 | 9.38 | 68.59 | 4.53 | 173.84 | -8.4 | 44.83 | -7.59 | 197.60 | -4.5 |
