- 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) | 1.82 | -1.62 | 30.94 | 0.65 | -4.41 | 51.16 | 50.09 | 1.66 | -23.59 | 140.00 | 4.45 | -33.2 | 38.67 | 3.04 | -11.08 | 151.43 | 3.87 | -34.62 |
| 23Q3 (19) | 1.85 | -13.15 | 36.03 | 0.68 | 7.94 | 23.64 | 49.27 | 15.25 | -26.52 | 134.04 | -6.48 | -19.55 | 37.53 | 18.62 | -27.72 | 145.79 | -5.59 | -19.79 |
| 23Q2 (18) | 2.13 | 13.3 | 4.41 | 0.63 | 50.0 | 5.0 | 42.75 | -11.84 | -4.19 | 143.32 | -34.04 | -5.12 | 31.64 | -22.68 | -28.3 | 154.42 | -31.33 | 1.89 |
| 23Q1 (17) | 1.88 | 35.25 | -7.84 | 0.42 | -2.33 | -4.55 | 48.49 | -26.03 | 8.97 | 217.29 | 3.68 | 5.62 | 40.92 | -5.91 | 27.4 | 224.87 | -2.92 | 3.1 |
| 22Q4 (16) | 1.39 | 2.21 | -26.46 | 0.43 | -21.82 | 10.26 | 65.55 | -2.24 | 36.36 | 209.57 | 25.78 | -9.06 | 43.49 | -16.24 | -3.89 | 231.63 | 27.44 | -0.7 |
| 22Q3 (15) | 1.36 | -33.33 | -30.61 | 0.55 | -8.33 | -1.79 | 67.05 | 50.27 | 44.1 | 166.62 | 10.3 | 2.35 | 51.92 | 17.65 | 1.25 | 181.75 | 19.93 | 15.0 |
| 22Q2 (14) | 2.04 | 0.0 | -7.27 | 0.60 | 36.36 | 15.38 | 44.62 | 0.27 | 7.99 | 151.06 | -26.57 | -13.24 | 44.13 | 37.39 | -34.02 | 151.55 | -30.52 | 2.01 |
| 22Q1 (13) | 2.04 | 7.94 | 2.51 | 0.44 | 12.82 | -15.38 | 44.50 | -7.43 | -2.65 | 205.73 | -10.72 | 17.9 | 32.12 | -29.02 | -53.54 | 218.11 | -6.49 | 44.38 |
| 21Q4 (12) | 1.89 | -3.57 | 11.18 | 0.39 | -30.36 | -45.83 | 48.07 | 3.31 | -10.07 | 230.44 | 41.56 | 82.53 | 45.25 | -11.76 | -46.65 | 233.26 | 47.6 | 145.82 |
| 21Q3 (11) | 1.96 | -10.91 | -22.83 | 0.56 | 7.69 | -51.3 | 46.53 | 12.61 | 30.04 | 162.79 | -6.5 | 105.34 | 51.28 | -23.33 | -24.0 | 158.04 | 6.38 | 232.09 |
| 21Q2 (10) | 2.20 | 10.55 | 21.55 | 0.52 | 0.0 | -39.53 | 41.32 | -9.6 | -17.95 | 174.11 | -0.22 | 64.78 | 66.88 | -3.27 | 13.7 | 148.56 | -1.66 | 52.84 |
| 21Q1 (9) | 1.99 | 17.06 | 28.39 | 0.52 | -27.78 | -29.73 | 45.71 | -14.48 | -22.14 | 174.50 | 38.22 | 42.44 | 69.14 | -18.49 | 25.71 | 151.07 | 59.21 | 19.7 |
| 20Q4 (8) | 1.70 | -33.07 | -9.57 | 0.72 | -37.39 | -12.2 | 53.45 | 49.39 | 10.18 | 126.25 | 59.25 | 14.15 | 84.82 | 25.72 | 49.94 | 94.89 | 99.39 | -7.47 |
| 20Q3 (7) | 2.54 | 40.33 | 44.32 | 1.15 | 33.72 | 18.56 | 35.78 | -28.95 | -30.85 | 79.28 | -24.97 | -15.61 | 67.47 | 14.71 | 60.41 | 47.59 | -51.04 | -54.08 |
| 20Q2 (6) | 1.81 | 16.77 | -2.69 | 0.86 | 16.22 | 3.61 | 50.36 | -14.22 | 2.67 | 105.66 | -13.75 | -4.13 | 58.82 | 6.95 | 45.56 | 97.20 | -22.99 | -18.22 |
| 20Q1 (5) | 1.55 | -17.55 | -14.36 | 0.74 | -9.76 | -7.5 | 58.71 | 21.03 | 16.98 | 122.51 | 10.77 | 8.28 | 55.00 | -2.78 | 16.16 | 126.21 | 23.07 | 8.82 |
| 19Q4 (4) | 1.88 | 6.82 | 0.0 | 0.82 | -15.46 | 0.0 | 48.51 | -6.24 | 0.0 | 110.60 | 17.72 | 0.0 | 56.57 | 34.5 | 0.0 | 102.55 | -1.05 | 0.0 |
| 19Q3 (3) | 1.76 | -5.38 | 0.0 | 0.97 | 16.87 | 0.0 | 51.74 | 5.48 | 0.0 | 93.95 | -14.75 | 0.0 | 42.06 | 4.08 | 0.0 | 103.64 | -12.8 | 0.0 |
| 19Q2 (2) | 1.86 | 2.76 | 0.0 | 0.83 | 3.75 | 0.0 | 49.05 | -2.27 | 0.0 | 110.21 | -2.59 | 0.0 | 40.41 | -14.66 | 0.0 | 118.86 | 2.48 | 0.0 |
| 19Q1 (1) | 1.81 | 0.0 | 0.0 | 0.80 | 0.0 | 0.0 | 50.19 | 0.0 | 0.0 | 113.14 | 0.0 | 0.0 | 47.35 | 0.0 | 0.0 | 115.98 | 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) | 9.03 | -12.16 | 2.25 | 5.63 | 40.40 | 13.83 | 162.47 | -5.23 | 31.95 | 24.66 | 170.92 | -5.72 |
| 2022 (9) | 10.28 | 18.84 | 2.13 | -6.17 | 35.49 | -15.92 | 171.43 | 6.67 | 25.63 | -39.38 | 181.29 | 12.85 |
| 2021 (8) | 8.65 | -12.0 | 2.27 | -33.04 | 42.21 | 13.74 | 160.71 | 49.26 | 42.28 | -8.98 | 160.64 | 63.35 |
| 2020 (7) | 9.83 | 21.81 | 3.39 | 4.95 | 37.11 | -17.95 | 107.67 | -4.73 | 46.45 | -22.16 | 98.34 | -0.23 |
| 2019 (6) | 8.07 | -16.37 | 3.23 | -6.92 | 45.23 | 19.53 | 113.01 | 7.56 | 59.67 | 14.11 | 98.57 | 8.77 |
| 2018 (5) | 9.65 | -7.3 | 3.47 | -9.87 | 37.84 | 7.96 | 105.07 | 10.79 | 52.29 | -5.36 | 90.62 | 21.41 |
| 2017 (4) | 10.41 | 2.06 | 3.85 | -20.29 | 35.05 | -2.09 | 94.84 | 25.57 | 55.25 | -1.32 | 74.64 | 34.88 |
| 2016 (3) | 10.20 | 5.05 | 4.83 | 11.29 | 35.80 | -4.79 | 75.53 | -10.13 | 55.99 | -20.56 | 55.34 | 8.15 |
| 2015 (2) | 9.71 | -19.42 | 4.34 | 0.93 | 37.60 | 24.13 | 84.04 | -0.9 | 70.48 | -10.93 | 51.17 | 42.3 |
| 2014 (1) | 12.05 | 25.65 | 4.30 | 2.63 | 30.29 | -20.44 | 84.80 | -2.73 | 79.13 | -3.61 | 35.96 | -16.68 |
