- 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) | 2.60 | 39.04 | 2.77 | 8.31 | 43.52 | 4.14 | 34.97 | -28.18 | -2.73 | 10.95 | -30.34 | -4.03 | 29.79 | 6.39 | -0.03 | 16.13 | -55.69 | -8.09 |
| 23Q3 (19) | 1.87 | -10.1 | -9.22 | 5.79 | -18.68 | -9.39 | 48.69 | 11.11 | 10.13 | 15.72 | 23.0 | 10.39 | 28.00 | -4.63 | -0.43 | 36.40 | 33.63 | 20.01 |
| 23Q2 (18) | 2.08 | -24.36 | -2.8 | 7.12 | -26.22 | -11.22 | 43.82 | 32.67 | 3.01 | 12.78 | 35.52 | 12.6 | 29.36 | -3.13 | 3.05 | 27.24 | 124.01 | 7.24 |
| 23Q1 (17) | 2.75 | 8.7 | -13.79 | 9.65 | 20.93 | -20.51 | 33.03 | -8.12 | 15.65 | 9.43 | -17.35 | 25.73 | 30.31 | 1.71 | 12.09 | 12.16 | -30.71 | 34.81 |
| 22Q4 (16) | 2.53 | 22.82 | -1.94 | 7.98 | 24.88 | -11.04 | 35.95 | -18.68 | 2.04 | 11.41 | -19.87 | 12.41 | 29.80 | 5.97 | -6.99 | 17.55 | -42.14 | 31.66 |
| 22Q3 (15) | 2.06 | -3.74 | 0.98 | 6.39 | -20.32 | -16.91 | 44.21 | 3.93 | -0.65 | 14.24 | 25.46 | 20.27 | 28.12 | -1.3 | 4.57 | 30.33 | 19.41 | 2.99 |
| 22Q2 (14) | 2.14 | -32.92 | -1.83 | 8.02 | -33.94 | -6.53 | 42.54 | 48.95 | 1.82 | 11.35 | 51.33 | 6.97 | 28.49 | 5.36 | -5.85 | 25.40 | 181.6 | 14.78 |
| 22Q1 (13) | 3.19 | 23.64 | 5.98 | 12.14 | 35.34 | 12.93 | 28.56 | -18.93 | -5.49 | 7.50 | -26.11 | -11.35 | 27.04 | -15.61 | 3.25 | 9.02 | -32.33 | -27.84 |
| 21Q4 (12) | 2.58 | 26.47 | -2.64 | 8.97 | 16.64 | 19.92 | 35.23 | -20.83 | 2.65 | 10.15 | -14.27 | -16.6 | 32.04 | 19.15 | 7.09 | 13.33 | -54.74 | -19.55 |
| 21Q3 (11) | 2.04 | -6.42 | 17.92 | 7.69 | -10.37 | 19.6 | 44.50 | 6.51 | -15.58 | 11.84 | 11.59 | -16.27 | 26.89 | -11.14 | -10.25 | 29.45 | 33.08 | -20.19 |
| 21Q2 (10) | 2.18 | -27.57 | 14.14 | 8.58 | -20.19 | -0.69 | 41.78 | 38.25 | -12.45 | 10.61 | 25.41 | 0.76 | 30.26 | 15.54 | -5.2 | 22.13 | 77.04 | -15.95 |
| 21Q1 (9) | 3.01 | 13.58 | 18.04 | 10.75 | 43.72 | 0.19 | 30.22 | -11.95 | -15.18 | 8.46 | -30.48 | -0.24 | 26.19 | -12.47 | -13.88 | 12.50 | -24.56 | -8.76 |
| 20Q4 (8) | 2.65 | 53.18 | 16.74 | 7.48 | 16.33 | -19.91 | 34.32 | -34.89 | -14.37 | 12.17 | -13.93 | 24.82 | 29.92 | -0.13 | -9.31 | 16.57 | -55.09 | -1.54 |
| 20Q3 (7) | 1.73 | -9.42 | 12.34 | 6.43 | -25.58 | -23.63 | 52.71 | 10.46 | -10.93 | 14.14 | 34.28 | 30.8 | 29.96 | -6.14 | -14.25 | 36.90 | 40.14 | 5.31 |
| 20Q2 (6) | 1.91 | -25.1 | 13.69 | 8.64 | -19.48 | -6.39 | 47.72 | 33.93 | -11.83 | 10.53 | 24.17 | 6.8 | 31.92 | 4.97 | -8.98 | 26.33 | 92.19 | -8.92 |
| 20Q1 (5) | 2.55 | 12.33 | 11.35 | 10.73 | 14.88 | -14.02 | 35.63 | -11.1 | -10.21 | 8.48 | -13.03 | 16.32 | 30.41 | -7.82 | 1.16 | 13.70 | -18.6 | -18.98 |
| 19Q4 (4) | 2.27 | 47.4 | 0.0 | 9.34 | 10.93 | 0.0 | 40.08 | -32.27 | 0.0 | 9.75 | -9.81 | 0.0 | 32.99 | -5.58 | 0.0 | 16.83 | -51.97 | 0.0 |
| 19Q3 (3) | 1.54 | -8.33 | 0.0 | 8.42 | -8.78 | 0.0 | 59.18 | 9.35 | 0.0 | 10.81 | 9.63 | 0.0 | 34.94 | -0.37 | 0.0 | 35.04 | 21.2 | 0.0 |
| 19Q2 (2) | 1.68 | -26.64 | 0.0 | 9.23 | -26.04 | 0.0 | 54.12 | 36.39 | 0.0 | 9.86 | 35.25 | 0.0 | 35.07 | 16.67 | 0.0 | 28.91 | 70.96 | 0.0 |
| 19Q1 (1) | 2.29 | 0.0 | 0.0 | 12.48 | 0.0 | 0.0 | 39.68 | 0.0 | 0.0 | 7.29 | 0.0 | 0.0 | 30.06 | 0.0 | 0.0 | 16.91 | 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) | 9.57 | -5.53 | 31.26 | -9.55 | 38.14 | 5.86 | 11.68 | 10.61 | 39.19 | 2.32 | 10.62 | 28.11 |
| 2022 (9) | 10.13 | 1.5 | 34.56 | 5.69 | 36.03 | -1.45 | 10.56 | -5.38 | 38.30 | 1.38 | 8.29 | -16.6 |
| 2021 (8) | 9.98 | 5.5 | 32.70 | 5.83 | 36.56 | -5.21 | 11.16 | -5.5 | 37.78 | 2.36 | 9.94 | -26.21 |
| 2020 (7) | 9.46 | 7.13 | 30.90 | -16.96 | 38.57 | -6.66 | 11.81 | 20.39 | 36.91 | -0.43 | 13.47 | -4.13 |
| 2019 (6) | 8.83 | -3.71 | 37.21 | -13.1 | 41.32 | 3.77 | 9.81 | 15.14 | 37.07 | -13.91 | 14.05 | 166.1 |
| 2018 (5) | 9.17 | -5.76 | 42.82 | -12.68 | 39.82 | 6.16 | 8.52 | 14.52 | 43.06 | 1.27 | 5.28 | 116.39 |
| 2017 (4) | 9.73 | 9.94 | 49.04 | -0.93 | 37.51 | -9.07 | 7.44 | 0.95 | 42.52 | 9.03 | 2.44 | -74.64 |
| 2016 (3) | 8.85 | 6.63 | 49.50 | -25.53 | 41.25 | -6.21 | 7.37 | 34.24 | 39.00 | -5.89 | 9.62 | 19.8 |
| 2015 (2) | 8.30 | -9.29 | 66.47 | -32.09 | 43.98 | 10.23 | 5.49 | 47.18 | 41.44 | 8.11 | 8.03 | 51.51 |
| 2014 (1) | 9.15 | 8.54 | 97.88 | -15.07 | 39.90 | -7.83 | 3.73 | 17.67 | 38.33 | -4.58 | 5.30 | -15.74 |
