- 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) | 4.24 | -13.29 | -11.3 | 2.06 | 7.29 | 9.57 | 21.45 | 15.2 | 12.6 | 44.26 | -6.55 | -8.74 | 9.65 | -9.81 | 3.88 | 56.06 | 1.41 | -3.78 |
| 23Q3 (19) | 4.89 | 4.04 | 15.6 | 1.92 | 10.34 | 14.29 | 18.62 | -3.92 | -13.36 | 47.36 | -9.29 | -12.81 | 10.70 | 6.68 | -8.39 | 55.28 | -10.22 | -13.8 |
| 23Q2 (18) | 4.70 | 11.37 | 10.59 | 1.74 | 8.07 | -0.57 | 19.38 | -10.19 | -9.44 | 52.21 | -7.36 | 0.44 | 10.03 | -3.65 | -23.67 | 61.57 | -8.81 | 2.21 |
| 23Q1 (17) | 4.22 | -11.72 | 12.83 | 1.61 | -14.36 | -3.01 | 21.58 | 13.28 | -11.38 | 56.36 | 16.21 | 2.73 | 10.41 | 12.06 | -32.8 | 67.52 | 15.89 | 5.96 |
| 22Q4 (16) | 4.78 | 13.0 | 3.46 | 1.88 | 11.9 | -14.93 | 19.05 | -11.35 | -3.35 | 48.50 | -10.71 | 17.66 | 9.29 | -20.46 | -29.51 | 58.26 | -9.15 | 22.01 |
| 22Q3 (15) | 4.23 | -0.47 | -10.38 | 1.68 | -4.0 | -12.95 | 21.49 | 0.42 | 11.52 | 54.32 | 4.5 | 14.94 | 11.68 | -11.11 | -23.26 | 64.13 | 6.46 | 24.99 |
| 22Q2 (14) | 4.25 | 13.64 | 3.16 | 1.75 | 5.42 | -10.26 | 21.40 | -12.11 | -3.17 | 51.98 | -5.25 | 11.52 | 13.14 | -15.17 | -12.63 | 60.24 | -5.46 | 12.24 |
| 22Q1 (13) | 3.74 | -19.05 | -0.27 | 1.66 | -24.89 | -14.43 | 24.35 | 23.54 | 0.25 | 54.86 | 33.09 | 17.12 | 15.49 | 17.53 | 3.54 | 63.72 | 33.45 | 13.44 |
| 21Q4 (12) | 4.62 | -2.12 | -2.74 | 2.21 | 14.51 | -9.8 | 19.71 | 2.28 | 2.87 | 41.22 | -12.78 | 10.9 | 13.18 | -13.4 | -15.78 | 47.75 | -6.94 | 17.38 |
| 21Q3 (11) | 4.72 | 14.56 | -0.21 | 1.93 | -1.03 | -8.1 | 19.27 | -12.81 | 0.16 | 47.26 | 1.39 | 9.25 | 15.22 | 1.2 | -27.18 | 51.31 | -4.4 | 23.34 |
| 21Q2 (10) | 4.12 | 9.87 | -0.48 | 1.95 | 0.52 | 14.04 | 22.10 | -9.02 | 0.59 | 46.61 | -0.49 | -12.24 | 15.04 | 0.53 | -18.75 | 53.67 | -4.45 | -5.13 |
| 21Q1 (9) | 3.75 | -21.05 | 43.68 | 1.94 | -20.82 | 37.59 | 24.29 | 26.77 | -30.2 | 46.84 | 26.02 | -27.45 | 14.96 | -4.41 | -43.76 | 56.17 | 38.08 | -22.8 |
| 20Q4 (8) | 4.75 | 0.42 | 8.94 | 2.45 | 16.67 | 20.1 | 19.16 | -0.42 | -8.11 | 37.17 | -14.08 | -16.53 | 15.65 | -25.12 | -31.03 | 40.68 | -2.21 | -4.71 |
| 20Q3 (7) | 4.73 | 14.25 | 5.11 | 2.10 | 22.81 | 16.02 | 19.24 | -12.43 | -4.8 | 43.26 | -18.55 | -13.76 | 20.90 | 12.91 | -11.89 | 41.60 | -26.46 | -10.81 |
| 20Q2 (6) | 4.14 | 58.62 | -1.66 | 1.71 | 21.28 | -3.39 | 21.97 | -36.87 | 1.57 | 53.11 | -17.74 | 3.11 | 18.51 | -30.41 | -15.4 | 56.57 | -22.25 | 10.36 |
| 20Q1 (5) | 2.61 | -40.14 | -31.13 | 1.41 | -30.88 | -16.57 | 34.80 | 66.91 | 44.88 | 64.56 | 44.98 | 19.82 | 26.60 | 17.23 | 31.42 | 72.76 | 70.44 | 26.19 |
| 19Q4 (4) | 4.36 | -3.11 | 0.0 | 2.04 | 12.71 | 0.0 | 20.85 | 3.17 | 0.0 | 44.53 | -11.22 | 0.0 | 22.69 | -4.34 | 0.0 | 42.69 | -8.47 | 0.0 |
| 19Q3 (3) | 4.50 | 6.89 | 0.0 | 1.81 | 2.26 | 0.0 | 20.21 | -6.56 | 0.0 | 50.16 | -2.62 | 0.0 | 23.72 | 8.41 | 0.0 | 46.64 | -9.01 | 0.0 |
| 19Q2 (2) | 4.21 | 11.08 | 0.0 | 1.77 | 4.73 | 0.0 | 21.63 | -9.95 | 0.0 | 51.51 | -4.4 | 0.0 | 21.88 | 8.1 | 0.0 | 51.26 | -11.1 | 0.0 |
| 19Q1 (1) | 3.79 | 0.0 | 0.0 | 1.69 | 0.0 | 0.0 | 24.02 | 0.0 | 0.0 | 53.88 | 0.0 | 0.0 | 20.24 | 0.0 | 0.0 | 57.66 | 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) | 17.73 | 3.26 | 7.93 | -4.11 | 20.59 | -3.15 | 46.04 | 4.33 | 9.23 | -18.17 | 57.40 | 6.08 |
| 2022 (9) | 17.17 | -6.48 | 8.27 | -21.91 | 21.26 | 6.94 | 44.13 | 28.02 | 11.28 | 6.31 | 54.11 | 23.68 |
| 2021 (8) | 18.36 | 36.61 | 10.59 | 40.45 | 19.88 | -26.8 | 34.47 | -28.81 | 10.61 | -49.33 | 43.75 | -19.93 |
| 2020 (7) | 13.44 | -16.47 | 7.54 | -5.87 | 27.16 | 19.75 | 48.42 | 6.3 | 20.94 | 3.71 | 54.64 | 13.74 |
| 2019 (6) | 16.09 | -0.68 | 8.01 | 11.4 | 22.68 | 0.62 | 45.55 | -10.23 | 20.19 | 9.19 | 48.04 | -12.3 |
| 2018 (5) | 16.20 | 7.07 | 7.19 | -0.96 | 22.54 | -6.55 | 50.74 | 1.0 | 18.49 | -3.8 | 54.78 | -0.67 |
| 2017 (4) | 15.13 | 1.0 | 7.26 | -15.09 | 24.12 | -1.03 | 50.24 | 17.74 | 19.22 | 5.43 | 55.15 | 12.99 |
| 2016 (3) | 14.98 | -2.16 | 8.55 | -1.95 | 24.37 | 2.18 | 42.67 | 1.96 | 18.23 | 1.73 | 48.81 | 2.16 |
| 2015 (2) | 15.31 | 5.95 | 8.72 | 1.99 | 23.85 | -5.54 | 41.85 | -1.97 | 17.92 | -15.91 | 47.78 | 2.47 |
| 2014 (1) | 14.45 | 5.17 | 8.55 | 24.82 | 25.25 | -4.97 | 42.69 | -19.89 | 21.31 | -23.26 | 46.63 | -10.48 |
