- 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) | 0.83 | 5.06 | -29.66 | 1.29 | -22.75 | -33.16 | 110.18 | -4.27 | 42.68 | 70.44 | 28.89 | 49.71 | 83.75 | 6.7 | 37.61 | 96.87 | 6.15 | 52.77 |
| 23Q3 (19) | 0.79 | -26.17 | -26.85 | 1.67 | -18.14 | 0.0 | 115.10 | 35.68 | 36.18 | 54.65 | 22.56 | 0.48 | 78.49 | 13.97 | 43.31 | 91.26 | 50.72 | 8.47 |
| 23Q2 (18) | 1.07 | -7.76 | -5.31 | 2.04 | 4.62 | 23.64 | 84.83 | 8.17 | 5.64 | 44.59 | -4.44 | -19.03 | 68.87 | -5.37 | 28.73 | 60.55 | 15.75 | -26.04 |
| 23Q1 (17) | 1.16 | -1.69 | 13.73 | 1.95 | 1.04 | 43.38 | 78.42 | 1.55 | -11.86 | 46.66 | -0.83 | -30.26 | 72.78 | 19.59 | 8.76 | 52.31 | -17.51 | -41.2 |
| 22Q4 (16) | 1.18 | 9.26 | 14.56 | 1.93 | 15.57 | 46.21 | 77.22 | -8.64 | -12.78 | 47.05 | -13.5 | -31.63 | 60.86 | 11.12 | -22.22 | 63.41 | -24.63 | -19.83 |
| 22Q3 (15) | 1.08 | -4.42 | -0.92 | 1.67 | 1.21 | 24.63 | 84.52 | 5.26 | 1.14 | 54.39 | -1.23 | -20.06 | 54.77 | 2.37 | -39.12 | 84.13 | 2.76 | 36.46 |
| 22Q2 (14) | 1.13 | 10.78 | 1.8 | 1.65 | 21.32 | 25.0 | 80.30 | -9.74 | -1.71 | 55.07 | -17.7 | -20.19 | 53.50 | -20.05 | -46.64 | 81.87 | -7.97 | 62.34 |
| 22Q1 (13) | 1.02 | -0.97 | -11.3 | 1.36 | 3.03 | -11.69 | 88.97 | 0.5 | 12.71 | 66.91 | -2.78 | 13.29 | 66.92 | -14.48 | -26.86 | 88.96 | 12.48 | 91.27 |
| 21Q4 (12) | 1.03 | -5.5 | 14.44 | 1.32 | -1.49 | -24.14 | 88.53 | 5.94 | -12.15 | 68.82 | 1.15 | 31.69 | 78.25 | -13.02 | -16.27 | 79.09 | 28.29 | 32.72 |
| 21Q3 (11) | 1.09 | -1.8 | 9.0 | 1.34 | 1.52 | -39.37 | 83.57 | 2.29 | -7.75 | 68.04 | -1.39 | 64.95 | 89.96 | -10.27 | 17.9 | 61.65 | 22.25 | 11.02 |
| 21Q2 (10) | 1.11 | -3.48 | -5.13 | 1.32 | -14.29 | -28.65 | 81.70 | 3.5 | 4.61 | 69.00 | 16.83 | 40.42 | 100.26 | 9.59 | 27.69 | 50.43 | 8.43 | 3.51 |
| 21Q1 (9) | 1.15 | 27.78 | 30.68 | 1.54 | -11.49 | 11.59 | 78.94 | -21.66 | -23.76 | 59.06 | 13.01 | -10.72 | 91.49 | -2.1 | -14.64 | 46.51 | -21.95 | -25.6 |
| 20Q4 (8) | 0.90 | -10.0 | -8.16 | 1.74 | -21.27 | -13.43 | 100.77 | 11.24 | 8.49 | 52.26 | 26.69 | 15.21 | 93.45 | 22.48 | 4.64 | 59.59 | 7.31 | 21.79 |
| 20Q3 (7) | 1.00 | -14.53 | -7.41 | 2.21 | 19.46 | -7.92 | 90.59 | 15.99 | 7.99 | 41.25 | -16.06 | 8.75 | 76.30 | -2.83 | -2.7 | 55.53 | 13.98 | 27.95 |
| 20Q2 (6) | 1.17 | 32.95 | 4.46 | 1.85 | 34.06 | -17.04 | 78.10 | -24.57 | -4.25 | 49.14 | -25.71 | 20.15 | 78.52 | -26.74 | 5.04 | 48.72 | -22.06 | 2.1 |
| 20Q1 (5) | 0.88 | -10.2 | -15.38 | 1.38 | -31.34 | -22.03 | 103.54 | 11.48 | 18.12 | 66.15 | 45.83 | 28.32 | 107.18 | 20.01 | 28.22 | 62.51 | 27.75 | 12.39 |
| 19Q4 (4) | 0.98 | -9.26 | 0.0 | 2.01 | -16.25 | 0.0 | 92.88 | 10.72 | 0.0 | 45.36 | 19.59 | 0.0 | 89.31 | 13.89 | 0.0 | 48.93 | 12.74 | 0.0 |
| 19Q3 (3) | 1.08 | -3.57 | 0.0 | 2.40 | 7.62 | 0.0 | 83.89 | 2.84 | 0.0 | 37.93 | -7.26 | 0.0 | 78.42 | 4.91 | 0.0 | 43.40 | -9.05 | 0.0 |
| 19Q2 (2) | 1.12 | 7.69 | 0.0 | 2.23 | 25.99 | 0.0 | 81.57 | -6.95 | 0.0 | 40.90 | -20.66 | 0.0 | 74.75 | -10.58 | 0.0 | 47.72 | -14.2 | 0.0 |
| 19Q1 (1) | 1.04 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 87.66 | 0.0 | 0.0 | 51.55 | 0.0 | 0.0 | 83.59 | 0.0 | 0.0 | 55.62 | 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) | 4.49 | -2.18 | 6.00 | -6.83 | 81.30 | 2.15 | 60.82 | 7.29 | 78.94 | 9.18 | 63.18 | -1.25 |
| 2022 (9) | 4.59 | -10.18 | 6.44 | -1.98 | 79.59 | 11.52 | 56.69 | 2.05 | 72.30 | 3.2 | 63.98 | 12.52 |
| 2021 (8) | 5.11 | 9.19 | 6.57 | -13.44 | 71.37 | -8.39 | 55.55 | 15.46 | 70.06 | -16.24 | 56.86 | 34.2 |
| 2020 (7) | 4.68 | -0.43 | 7.59 | 1.07 | 77.91 | 0.26 | 48.11 | -1.07 | 83.64 | 1.32 | 42.37 | -3.24 |
| 2019 (6) | 4.70 | 11.9 | 7.51 | -3.59 | 77.71 | -10.58 | 48.63 | 3.82 | 82.55 | -2.66 | 43.79 | -10.5 |
| 2018 (5) | 4.20 | 3.19 | 7.79 | -21.71 | 86.90 | -2.99 | 46.84 | 27.66 | 84.81 | 5.31 | 48.93 | 6.97 |
| 2017 (4) | 4.07 | -5.13 | 9.95 | -7.96 | 89.58 | 5.24 | 36.69 | 8.61 | 80.53 | 4.99 | 45.74 | 8.39 |
| 2016 (3) | 4.29 | 16.58 | 10.81 | 14.27 | 85.12 | -14.08 | 33.78 | -12.44 | 76.70 | -4.08 | 42.20 | -26.85 |
| 2015 (2) | 3.68 | -14.22 | 9.46 | 6.17 | 99.07 | 16.36 | 38.58 | -5.76 | 79.96 | 13.69 | 57.69 | 3.48 |
| 2014 (1) | 4.29 | 4.63 | 8.91 | 16.02 | 85.14 | -4.39 | 40.94 | -13.9 | 70.33 | 3.46 | 55.75 | -18.77 |
