- 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) | 1.37 | 3.01 | 1.48 | 1.00 | 3.09 | 5.26 | 66.36 | -2.88 | -1.32 | 90.90 | -3.1 | -5.26 | 54.46 | -2.47 | -1.79 | 102.81 | -3.28 | -4.58 |
| 23Q3 (19) | 1.33 | -19.39 | -11.92 | 0.97 | -11.82 | -3.96 | 68.33 | 23.79 | 13.39 | 93.81 | 12.94 | 3.67 | 55.84 | 25.88 | 17.56 | 106.30 | 13.21 | 2.95 |
| 23Q2 (18) | 1.65 | -0.6 | 8.55 | 1.10 | 4.76 | 7.84 | 55.20 | 0.45 | -7.8 | 83.06 | -3.77 | -7.32 | 44.36 | -11.81 | -11.14 | 93.90 | 3.23 | -5.69 |
| 23Q1 (17) | 1.66 | 22.96 | 16.08 | 1.05 | 10.53 | -5.41 | 54.95 | -18.29 | -13.53 | 86.31 | -10.05 | 5.04 | 50.30 | -9.29 | -11.07 | 90.96 | -15.57 | 2.01 |
| 22Q4 (16) | 1.35 | -10.6 | -1.46 | 0.95 | -5.94 | -8.65 | 67.25 | 11.6 | 1.36 | 95.95 | 6.03 | 9.76 | 55.45 | 16.74 | -17.69 | 107.74 | 4.35 | 24.7 |
| 22Q3 (15) | 1.51 | -0.66 | 9.42 | 1.01 | -0.98 | -13.68 | 60.26 | 0.65 | -8.93 | 90.49 | 0.97 | 16.13 | 47.50 | -4.85 | -24.36 | 103.25 | 3.7 | 27.01 |
| 22Q2 (14) | 1.52 | 6.29 | -5.0 | 1.02 | -8.11 | -32.89 | 59.87 | -5.79 | 5.39 | 89.62 | 9.07 | 49.94 | 49.92 | -11.74 | -14.55 | 99.57 | 11.66 | 71.17 |
| 22Q1 (13) | 1.43 | 4.38 | -16.37 | 1.11 | 6.73 | -30.19 | 63.55 | -4.22 | 19.32 | 82.17 | -6.01 | 43.28 | 56.56 | -16.05 | 11.21 | 89.17 | 3.21 | 49.26 |
| 21Q4 (12) | 1.37 | -0.72 | 12.3 | 1.04 | -11.11 | -19.38 | 66.35 | 0.27 | -10.84 | 87.42 | 12.19 | 23.91 | 67.37 | 7.28 | 58.15 | 86.40 | 6.29 | -15.6 |
| 21Q3 (11) | 1.38 | -13.75 | 14.05 | 1.17 | -23.03 | -10.69 | 66.17 | 16.48 | -11.84 | 77.92 | 30.37 | 12.08 | 62.80 | 7.5 | 30.07 | 81.29 | 39.75 | -15.59 |
| 21Q2 (10) | 1.60 | -6.43 | 13.48 | 1.52 | -4.4 | 1.33 | 56.81 | 6.67 | -11.66 | 59.77 | 4.22 | -1.69 | 58.42 | 14.86 | 19.4 | 58.17 | -2.63 | -23.64 |
| 21Q1 (9) | 1.71 | 40.16 | 25.74 | 1.59 | 23.26 | 11.19 | 53.26 | -28.43 | -20.47 | 57.35 | -18.71 | -9.69 | 50.86 | 19.39 | 9.0 | 59.74 | -41.64 | -28.72 |
| 20Q4 (8) | 1.22 | 0.83 | 0.0 | 1.29 | -1.53 | -11.03 | 74.42 | -0.85 | 0.15 | 70.55 | 1.48 | 12.41 | 42.60 | -11.76 | -16.09 | 102.37 | 6.3 | 18.61 |
| 20Q3 (7) | 1.21 | -14.18 | 4.31 | 1.31 | -12.67 | -13.25 | 75.06 | 16.72 | -4.28 | 69.52 | 14.34 | 15.08 | 48.28 | -1.33 | -28.55 | 96.30 | 26.41 | 35.14 |
| 20Q2 (6) | 1.41 | 3.68 | 29.36 | 1.50 | 4.9 | 1.35 | 64.31 | -3.97 | -22.97 | 60.80 | -4.25 | -1.11 | 48.93 | 4.86 | -38.92 | 76.18 | -9.1 | 17.45 |
| 20Q1 (5) | 1.36 | 11.48 | 17.24 | 1.43 | -1.38 | -6.54 | 66.97 | -9.88 | -14.4 | 63.50 | 1.18 | 6.7 | 46.66 | -8.1 | -33.7 | 83.81 | -2.9 | 24.4 |
| 19Q4 (4) | 1.22 | 5.17 | 0.0 | 1.45 | -3.97 | 0.0 | 74.31 | -5.24 | 0.0 | 62.76 | 3.89 | 0.0 | 50.77 | -24.86 | 0.0 | 86.31 | 21.12 | 0.0 |
| 19Q3 (3) | 1.16 | 6.42 | 0.0 | 1.51 | 2.03 | 0.0 | 78.42 | -6.07 | 0.0 | 60.41 | -1.74 | 0.0 | 67.57 | -15.65 | 0.0 | 71.26 | 9.87 | 0.0 |
| 19Q2 (2) | 1.09 | -6.03 | 0.0 | 1.48 | -3.27 | 0.0 | 83.49 | 6.71 | 0.0 | 61.48 | 3.31 | 0.0 | 80.11 | 13.82 | 0.0 | 64.86 | -3.73 | 0.0 |
| 19Q1 (1) | 1.16 | 0.0 | 0.0 | 1.53 | 0.0 | 0.0 | 78.24 | 0.0 | 0.0 | 59.51 | 0.0 | 0.0 | 70.38 | 0.0 | 0.0 | 67.37 | 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) | 6.50 | 3.83 | 4.23 | -2.76 | 56.18 | -3.72 | 86.24 | 2.72 | 52.40 | -14.24 | 90.03 | 10.86 |
| 2022 (9) | 6.26 | -0.63 | 4.35 | -19.29 | 58.35 | 0.76 | 83.96 | 24.05 | 61.10 | 19.95 | 81.21 | 8.79 |
| 2021 (8) | 6.30 | 3.11 | 5.39 | -13.9 | 57.91 | -3.05 | 67.68 | 15.99 | 50.94 | 33.07 | 74.65 | -6.47 |
| 2020 (7) | 6.11 | 14.42 | 6.26 | 5.21 | 59.73 | -12.62 | 58.35 | -4.91 | 38.28 | -28.17 | 79.81 | 4.41 |
| 2019 (6) | 5.34 | 33.17 | 5.95 | 29.35 | 68.36 | -24.82 | 61.36 | -22.58 | 53.29 | -34.63 | 76.44 | -13.8 |
| 2018 (5) | 4.01 | 30.62 | 4.60 | -10.33 | 90.93 | -23.61 | 79.26 | 11.3 | 81.52 | -0.49 | 88.68 | -18.13 |
| 2017 (4) | 3.07 | 3.02 | 5.13 | -21.92 | 119.03 | -2.91 | 71.21 | 28.19 | 81.92 | 38.59 | 108.32 | -9.0 |
| 2016 (3) | 2.98 | 10.78 | 6.57 | -12.98 | 122.60 | -9.65 | 55.55 | 14.94 | 59.11 | -41.34 | 119.03 | 42.94 |
| 2015 (2) | 2.69 | -7.56 | 7.55 | -20.36 | 135.69 | 8.14 | 48.33 | 25.57 | 100.76 | 1.77 | 83.27 | 28.17 |
| 2014 (1) | 2.91 | 8.99 | 9.48 | 5.1 | 125.48 | -8.09 | 38.49 | -4.87 | 99.01 | 11.88 | 64.97 | -26.58 |
