- 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) | 0.96 | -25.0 | 20.0 | 1.22 | 37.08 | 71.83 | 94.51 | 32.57 | -16.66 | 74.46 | -26.93 | -41.96 | 54.83 | -11.48 | -55.47 | 114.13 | 2.59 | -3.73 |
| 23Q3 (19) | 1.28 | 29.29 | 11.3 | 0.89 | 43.55 | -16.82 | 71.29 | -22.76 | -9.58 | 101.90 | -31.13 | 20.36 | 61.94 | -33.07 | -29.28 | 111.25 | -24.68 | 46.56 |
| 23Q2 (18) | 0.99 | 5.32 | -9.17 | 0.62 | -3.13 | -27.91 | 92.30 | -4.28 | 10.51 | 147.96 | 3.43 | 39.64 | 92.55 | -11.68 | -15.68 | 147.71 | 9.66 | 85.31 |
| 23Q1 (17) | 0.94 | 17.5 | 4.44 | 0.64 | -9.86 | -18.99 | 96.43 | -14.96 | -4.19 | 143.06 | 11.51 | 23.65 | 104.79 | -14.9 | -23.3 | 134.70 | 13.62 | 68.99 |
| 22Q4 (16) | 0.80 | -30.43 | -39.85 | 0.71 | -33.64 | -38.79 | 113.40 | 43.84 | 66.01 | 128.29 | 51.54 | 63.87 | 123.14 | 40.59 | 50.45 | 118.55 | 56.17 | 83.12 |
| 22Q3 (15) | 1.15 | 5.5 | 9.52 | 1.07 | 24.42 | 30.49 | 78.84 | -5.6 | -9.36 | 84.66 | -20.1 | -24.09 | 87.59 | -20.2 | -17.69 | 75.91 | -4.77 | -17.58 |
| 22Q2 (14) | 1.09 | 21.11 | 17.2 | 0.86 | 8.86 | 3.61 | 83.52 | -17.02 | -14.36 | 105.96 | -8.42 | -3.66 | 109.76 | -19.67 | -15.6 | 79.71 | 0.0 | 2.9 |
| 22Q1 (13) | 0.90 | -32.33 | -7.22 | 0.79 | -31.9 | -16.84 | 100.65 | 47.34 | 6.89 | 115.70 | 47.78 | 20.52 | 136.63 | 66.93 | -3.22 | 79.71 | 23.12 | 62.74 |
| 21Q4 (12) | 1.33 | 26.67 | 30.39 | 1.16 | 41.46 | 3.57 | 68.31 | -21.46 | -23.36 | 78.29 | -29.8 | -3.6 | 81.85 | -23.08 | -36.71 | 64.74 | -29.71 | 57.86 |
| 21Q3 (11) | 1.05 | 12.9 | -22.22 | 0.82 | -1.2 | -41.84 | 86.98 | -10.81 | 28.95 | 111.53 | 1.41 | 72.27 | 106.41 | -18.17 | 21.17 | 92.10 | 18.9 | 107.57 |
| 21Q2 (10) | 0.93 | -4.12 | 4.49 | 0.83 | -12.63 | -9.78 | 97.52 | 3.57 | -4.56 | 109.98 | 14.56 | 11.69 | 130.04 | -7.89 | 2.65 | 77.46 | 58.15 | 4.73 |
| 21Q1 (9) | 0.97 | -4.9 | -11.01 | 0.95 | -15.18 | -16.67 | 94.16 | 5.64 | 12.97 | 96.00 | 18.21 | 20.53 | 141.18 | 9.16 | 28.51 | 48.98 | 19.43 | -7.83 |
| 20Q4 (8) | 1.02 | -24.44 | -4.67 | 1.12 | -20.57 | 0.9 | 89.13 | 32.14 | 4.59 | 81.21 | 25.44 | -1.3 | 129.33 | 47.27 | 20.8 | 41.01 | -7.57 | -32.15 |
| 20Q3 (7) | 1.35 | 51.69 | 10.66 | 1.41 | 53.26 | 29.36 | 67.45 | -33.99 | -9.89 | 64.74 | -34.25 | -22.46 | 87.82 | -30.68 | -15.87 | 44.37 | -40.01 | -17.77 |
| 20Q2 (6) | 0.89 | -18.35 | -16.04 | 0.92 | -19.3 | -5.15 | 102.18 | 22.59 | 18.87 | 98.47 | 23.63 | 5.5 | 126.68 | 15.31 | -0.92 | 73.96 | 39.18 | 43.75 |
| 20Q1 (5) | 1.09 | 1.87 | -5.22 | 1.14 | 2.7 | -8.06 | 83.35 | -2.19 | 5.49 | 79.65 | -3.2 | 8.44 | 109.86 | 2.62 | -3.67 | 53.14 | -12.08 | 38.31 |
| 19Q4 (4) | 1.07 | -12.3 | 0.0 | 1.11 | 1.83 | 0.0 | 85.22 | 13.85 | 0.0 | 82.28 | -1.45 | 0.0 | 107.06 | 2.57 | 0.0 | 60.44 | 12.01 | 0.0 |
| 19Q3 (3) | 1.22 | 15.09 | 0.0 | 1.09 | 12.37 | 0.0 | 74.85 | -12.92 | 0.0 | 83.49 | -10.55 | 0.0 | 104.38 | -18.36 | 0.0 | 53.96 | 4.88 | 0.0 |
| 19Q2 (2) | 1.06 | -7.83 | 0.0 | 0.97 | -21.77 | 0.0 | 85.96 | 8.8 | 0.0 | 93.34 | 27.08 | 0.0 | 127.86 | 12.12 | 0.0 | 51.45 | 33.91 | 0.0 |
| 19Q1 (1) | 1.15 | 0.0 | 0.0 | 1.24 | 0.0 | 0.0 | 79.01 | 0.0 | 0.0 | 73.45 | 0.0 | 0.0 | 114.04 | 0.0 | 0.0 | 38.42 | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 3.94 | -6.86 | 3.60 | 3.45 | 92.73 | 7.5 | 101.44 | -3.2 | 81.81 | -24.36 | 112.35 | 35.51 |
| 2022 (9) | 4.23 | 10.16 | 3.48 | -11.22 | 86.26 | -9.13 | 104.79 | 12.64 | 108.15 | -20.87 | 82.91 | 61.68 |
| 2021 (8) | 3.84 | -9.0 | 3.92 | -4.39 | 94.93 | 9.87 | 93.03 | 4.61 | 136.68 | 4.97 | 51.28 | 13.63 |
| 2020 (7) | 4.22 | -20.38 | 4.10 | -22.5 | 86.40 | 25.45 | 88.93 | 28.79 | 130.21 | 31.35 | 45.13 | 16.34 |
| 2019 (6) | 5.30 | 0.76 | 5.29 | 0.38 | 68.87 | -0.81 | 69.05 | -0.23 | 99.13 | -10.29 | 38.79 | 37.9 |
| 2018 (5) | 5.26 | 13.36 | 5.27 | 11.18 | 69.43 | -11.77 | 69.21 | -10.2 | 110.50 | -19.62 | 28.13 | 53.88 |
| 2017 (4) | 4.64 | -10.6 | 4.74 | -6.69 | 78.69 | 11.95 | 77.07 | 7.22 | 137.48 | 12.36 | 18.28 | -7.68 |
| 2016 (3) | 5.19 | 5.92 | 5.08 | 29.59 | 70.29 | -5.69 | 71.88 | -22.73 | 122.36 | 1.95 | 19.80 | -58.35 |
| 2015 (2) | 4.90 | -14.04 | 3.92 | -7.55 | 74.53 | 16.29 | 93.03 | 8.15 | 120.02 | 14.67 | 47.54 | 4.62 |
| 2014 (1) | 5.70 | 15.85 | 4.24 | 9.28 | 64.09 | -13.59 | 86.02 | -8.45 | 104.67 | -14.92 | 45.44 | 0.73 |
