- 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) | 1.10 | -6.78 | -13.39 | 0.53 | -14.52 | -56.56 | 82.95 | 7.81 | 15.85 | 170.17 | 16.51 | 128.54 | 90.17 | 17.23 | 55.9 | 162.95 | 11.55 | 84.71 |
| 23Q3 (19) | 1.18 | 12.38 | -10.61 | 0.62 | -3.13 | -62.87 | 76.94 | -11.48 | 11.54 | 146.06 | 2.95 | 167.51 | 76.92 | -6.5 | 42.66 | 146.08 | -0.3 | 109.67 |
| 23Q2 (18) | 1.05 | -24.46 | -2.78 | 0.64 | -41.82 | -67.01 | 86.92 | 33.21 | 3.03 | 141.87 | 71.07 | 202.82 | 82.27 | 52.13 | 53.03 | 146.52 | 55.69 | 89.16 |
| 23Q1 (17) | 1.39 | 9.45 | 6.11 | 1.10 | -9.84 | -54.17 | 65.25 | -8.87 | -5.84 | 82.93 | 11.38 | 118.47 | 54.08 | -6.5 | 21.99 | 94.11 | 6.68 | 49.55 |
| 22Q4 (16) | 1.27 | -3.79 | 6.72 | 1.22 | -26.95 | -39.3 | 71.60 | 3.8 | -5.99 | 74.46 | 36.37 | 64.33 | 57.84 | 7.27 | 20.65 | 88.22 | 26.63 | 19.98 |
| 22Q3 (15) | 1.32 | 22.22 | 10.92 | 1.67 | -13.92 | -27.71 | 68.98 | -18.23 | -9.92 | 54.60 | 16.54 | 38.4 | 53.92 | 0.3 | 36.75 | 69.67 | -10.06 | -9.05 |
| 22Q2 (14) | 1.08 | -17.56 | -6.9 | 1.94 | -19.17 | -25.1 | 84.36 | 21.73 | 7.1 | 46.85 | 23.42 | 33.25 | 53.76 | 21.27 | 43.86 | 77.46 | 23.09 | 1.18 |
| 22Q1 (13) | 1.31 | 10.08 | 12.93 | 2.40 | 19.4 | -17.24 | 69.30 | -9.01 | -11.72 | 37.96 | -16.22 | 20.81 | 44.33 | -7.53 | 9.16 | 62.93 | -14.42 | -9.21 |
| 21Q4 (12) | 1.19 | 0.0 | 7.21 | 2.01 | -12.99 | -37.38 | 76.16 | -0.55 | -7.48 | 45.31 | 14.85 | 59.77 | 47.94 | 21.58 | 8.63 | 73.53 | -4.01 | 10.49 |
| 21Q3 (11) | 1.19 | 2.59 | 2.59 | 2.31 | -10.81 | -39.21 | 76.58 | -2.78 | -2.72 | 39.45 | 12.2 | 64.86 | 39.43 | 5.51 | -4.6 | 76.60 | 0.05 | 24.92 |
| 21Q2 (10) | 1.16 | 0.0 | -15.33 | 2.59 | -10.69 | -28.85 | 78.77 | 0.34 | 18.75 | 35.16 | 11.9 | 40.58 | 37.37 | -7.98 | 13.9 | 76.56 | 10.46 | 30.8 |
| 21Q1 (9) | 1.16 | 4.5 | 5.45 | 2.90 | -9.66 | 22.36 | 78.50 | -4.64 | -5.0 | 31.42 | 10.79 | -18.26 | 40.61 | -7.98 | -5.21 | 69.31 | 4.15 | -11.4 |
| 20Q4 (8) | 1.11 | -4.31 | -4.31 | 3.21 | -15.53 | 22.52 | 82.32 | 4.57 | 4.64 | 28.36 | 18.51 | -18.41 | 44.13 | 6.77 | -7.31 | 66.55 | 8.53 | 1.11 |
| 20Q3 (7) | 1.16 | -15.33 | -10.77 | 3.80 | 4.4 | 46.72 | 78.72 | 18.68 | 12.76 | 23.93 | -4.32 | -31.92 | 41.33 | 25.97 | -10.93 | 61.32 | 4.77 | 4.7 |
| 20Q2 (6) | 1.37 | 24.55 | -4.2 | 3.64 | 53.59 | 66.21 | 66.33 | -19.73 | 4.37 | 25.01 | -34.94 | -39.76 | 32.81 | -23.41 | -31.46 | 58.53 | -25.18 | 2.33 |
| 20Q1 (5) | 1.10 | -5.17 | -21.43 | 2.37 | -9.54 | 20.3 | 82.63 | 5.03 | 27.06 | 38.44 | 10.59 | -16.92 | 42.84 | -10.02 | -16.21 | 78.23 | 18.85 | 29.99 |
| 19Q4 (4) | 1.16 | -10.77 | 0.0 | 2.62 | 1.16 | 0.0 | 78.67 | 12.69 | 0.0 | 34.76 | -1.11 | 0.0 | 47.61 | 2.61 | 0.0 | 65.82 | 12.38 | 0.0 |
| 19Q3 (3) | 1.30 | -9.09 | 0.0 | 2.59 | 18.26 | 0.0 | 69.81 | 9.85 | 0.0 | 35.15 | -15.34 | 0.0 | 46.40 | -3.07 | 0.0 | 58.57 | 2.4 | 0.0 |
| 19Q2 (2) | 1.43 | 2.14 | 0.0 | 2.19 | 11.17 | 0.0 | 63.55 | -2.28 | 0.0 | 41.52 | -10.27 | 0.0 | 47.87 | -6.38 | 0.0 | 57.20 | -4.95 | 0.0 |
| 19Q1 (1) | 1.40 | 0.0 | 0.0 | 1.97 | 0.0 | 0.0 | 65.03 | 0.0 | 0.0 | 46.27 | 0.0 | 0.0 | 51.13 | 0.0 | 0.0 | 60.18 | 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) | 5.08 | -13.61 | 3.26 | -51.85 | 71.79 | 15.7 | 112.02 | 107.64 | 60.84 | 40.22 | 122.97 | 69.36 |
| 2022 (9) | 5.88 | 14.4 | 6.77 | -32.23 | 62.05 | -12.69 | 53.95 | 47.65 | 43.39 | -3.68 | 72.61 | 16.06 |
| 2021 (8) | 5.14 | 3.21 | 9.99 | -19.17 | 71.07 | -3.03 | 36.54 | 23.78 | 45.05 | 10.04 | 62.56 | 1.12 |
| 2020 (7) | 4.98 | -9.62 | 12.36 | 18.73 | 73.29 | 10.68 | 29.52 | -15.78 | 40.94 | -4.23 | 61.87 | 5.72 |
| 2019 (6) | 5.51 | -20.49 | 10.41 | 10.04 | 66.22 | 25.7 | 35.05 | -9.13 | 42.75 | -10.09 | 58.52 | 33.88 |
| 2018 (5) | 6.93 | -1.42 | 9.46 | 12.89 | 52.68 | 1.48 | 38.57 | -11.44 | 47.55 | -21.63 | 43.71 | 25.68 |
| 2017 (4) | 7.03 | -2.77 | 8.38 | 18.87 | 51.91 | 2.83 | 43.55 | -15.91 | 60.67 | -7.71 | 34.78 | -4.79 |
| 2016 (3) | 7.23 | 7.91 | 7.05 | 33.02 | 50.48 | -7.38 | 51.79 | -24.85 | 65.74 | -7.68 | 36.53 | -30.03 |
| 2015 (2) | 6.70 | -0.45 | 5.30 | 11.11 | 54.50 | 0.5 | 68.92 | -9.92 | 71.21 | 1.37 | 52.21 | -13.69 |
| 2014 (1) | 6.73 | 1.82 | 4.77 | 0.85 | 54.23 | -1.74 | 76.51 | -0.83 | 70.25 | 15.45 | 60.49 | -15.39 |
