- 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) | 55.17 | 230.56 | 1822.3 | 0.14 | 1300.0 | 180.0 | 1.65 | -69.72 | -94.79 | 643.17 | -92.74 | -62.16 | 56.37 | -89.73 | 44.43 | 588.46 | -92.93 | -65.23 |
| 23Q3 (19) | 16.69 | 216.1 | 237.17 | 0.01 | 0.0 | 0.0 | 5.45 | -68.41 | -70.38 | 8861.52 | -13.45 | 27.11 | 549.11 | 160.4 | 330.51 | 8317.86 | -17.19 | 21.21 |
| 23Q2 (18) | 5.28 | 486.67 | 36.08 | 0.01 | -50.0 | 0.0 | 17.25 | -82.97 | -26.44 | 10238.10 | 90.43 | 28.06 | 210.87 | 65.62 | 45.27 | 10044.50 | 87.74 | 27.58 |
| 23Q1 (17) | 0.90 | -68.64 | -87.84 | 0.02 | -60.0 | 100.0 | 101.29 | 219.53 | 723.5 | 5376.35 | 216.28 | -24.6 | 127.32 | 226.21 | -10.41 | 5350.32 | 216.11 | -23.57 |
| 22Q4 (16) | 2.87 | -42.02 | -41.78 | 0.05 | 400.0 | 150.0 | 31.70 | 72.28 | 71.72 | 1699.87 | -75.62 | -71.03 | 39.03 | -69.4 | -72.55 | 1692.55 | -75.34 | -70.53 |
| 22Q3 (15) | 4.95 | 27.58 | -76.81 | 0.01 | 0.0 | -90.91 | 18.40 | -21.54 | 331.92 | 6971.47 | -12.8 | 743.48 | 127.55 | -12.13 | 497.7 | 6862.32 | -12.84 | 747.8 |
| 22Q2 (14) | 3.88 | -47.57 | -75.21 | 0.01 | 0.0 | -83.33 | 23.45 | 90.65 | 303.61 | 7995.00 | 12.13 | 414.07 | 145.16 | 2.14 | 331.51 | 7873.29 | 12.47 | 415.47 |
| 22Q1 (13) | 7.40 | 50.1 | -26.59 | 0.01 | -50.0 | -50.0 | 12.30 | -33.37 | 36.21 | 7130.33 | 21.53 | 73.46 | 142.12 | -0.04 | 80.75 | 7000.51 | 21.89 | 73.24 |
| 21Q4 (12) | 4.93 | -76.91 | -23.33 | 0.02 | -81.82 | -33.33 | 18.46 | 333.33 | 30.46 | 5866.99 | 609.85 | 82.54 | 142.17 | 566.21 | 132.68 | 5743.28 | 609.55 | 81.34 |
| 21Q3 (11) | 21.35 | 36.42 | -11.37 | 0.11 | 83.33 | 0.0 | 4.26 | -26.68 | 12.7 | 826.51 | -46.86 | -4.63 | 21.34 | -36.56 | 32.79 | 809.43 | -47.01 | -5.25 |
| 21Q2 (10) | 15.65 | 55.26 | -42.97 | 0.06 | 200.0 | 100.0 | 5.81 | -35.66 | 75.0 | 1555.24 | -62.17 | -52.66 | 33.64 | -57.22 | -36.99 | 1527.41 | -62.2 | -52.79 |
| 21Q1 (9) | 10.08 | 56.77 | 73.79 | 0.02 | -33.33 | 100.0 | 9.03 | -36.18 | -42.41 | 4110.64 | 27.89 | -67.5 | 78.63 | 28.69 | -55.97 | 4041.03 | 27.59 | -67.63 |
| 20Q4 (8) | 6.43 | -73.31 | -20.91 | 0.03 | -72.73 | 50.0 | 14.15 | 274.34 | 26.34 | 3214.17 | 270.9 | -32.82 | 61.10 | 280.21 | -20.99 | 3167.22 | 270.74 | -32.87 |
| 20Q3 (7) | 24.09 | -12.21 | 183.75 | 0.11 | 266.67 | 1000.0 | 3.78 | 13.86 | -64.74 | 866.59 | -73.62 | -87.89 | 16.07 | -69.9 | -86.97 | 854.30 | -73.6 | -87.87 |
| 20Q2 (6) | 27.44 | 373.1 | 218.7 | 0.03 | 200.0 | 200.0 | 3.32 | -78.83 | -68.59 | 3285.55 | -74.02 | -47.76 | 53.39 | -70.1 | -40.25 | 3235.47 | -74.09 | -47.9 |
| 20Q1 (5) | 5.80 | -28.66 | -30.04 | 0.01 | -50.0 | 0.0 | 15.68 | 40.0 | 42.94 | 12648.30 | 164.37 | 93.95 | 178.57 | 130.92 | 83.02 | 12485.40 | 164.63 | 94.02 |
| 19Q4 (4) | 8.13 | -4.24 | 0.0 | 0.02 | 100.0 | 0.0 | 11.20 | 4.48 | 0.0 | 4784.24 | -33.16 | 0.0 | 77.33 | -37.28 | 0.0 | 4718.11 | -33.03 | 0.0 |
| 19Q3 (3) | 8.49 | -1.39 | 0.0 | 0.01 | 0.0 | 0.0 | 10.72 | 1.42 | 0.0 | 7158.18 | 13.82 | 0.0 | 123.29 | 37.97 | 0.0 | 7045.61 | 13.45 | 0.0 |
| 19Q2 (2) | 8.61 | 3.86 | 0.0 | 0.01 | 0.0 | 0.0 | 10.57 | -3.65 | 0.0 | 6288.86 | -3.57 | 0.0 | 89.36 | -8.41 | 0.0 | 6210.07 | -3.49 | 0.0 |
| 19Q1 (1) | 8.29 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 10.97 | 0.0 | 0.0 | 6521.57 | 0.0 | 0.0 | 97.57 | 0.0 | 0.0 | 6434.97 | 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) | 9.38 | 132.75 | 0.19 | 111.11 | 38.91 | -57.02 | 1891.88 | -51.67 | 99.74 | 4.67 | 1831.05 | -53.17 |
| 2022 (9) | 4.03 | -96.45 | 0.09 | -57.14 | 90.54 | 2711.8 | 3914.39 | 127.54 | 95.29 | 170.48 | 3909.64 | 131.57 |
| 2021 (8) | 113.43 | 78.74 | 0.21 | 23.53 | 3.22 | -44.0 | 1720.30 | -21.78 | 35.23 | -6.77 | 1688.29 | -22.1 |
| 2020 (7) | 63.46 | 96.23 | 0.17 | 183.33 | 5.75 | -49.07 | 2199.21 | -64.15 | 37.79 | -63.69 | 2167.17 | -64.13 |
| 2019 (6) | 32.34 | -41.94 | 0.06 | -14.29 | 11.29 | 72.37 | 6134.73 | 18.97 | 104.09 | -17.47 | 6041.93 | 19.95 |
| 2018 (5) | 55.70 | -64.37 | 0.07 | -66.67 | 6.55 | 181.12 | 5156.62 | 201.91 | 126.13 | 68.67 | 5037.04 | 207.97 |
| 2017 (4) | 156.33 | -65.41 | 0.21 | -41.67 | 2.33 | 187.65 | 1707.98 | 66.29 | 74.78 | 5.29 | 1635.54 | 70.93 |
| 2016 (3) | 451.90 | 285.55 | 0.36 | 260.0 | 0.81 | -73.95 | 1027.09 | -71.77 | 71.02 | -70.09 | 956.87 | -71.89 |
| 2015 (2) | 117.21 | 94.06 | 0.10 | 42.86 | 3.11 | -48.51 | 3637.95 | -25.81 | 237.44 | 29.44 | 3403.62 | -27.99 |
| 2014 (1) | 60.40 | -74.73 | 0.07 | -69.57 | 6.04 | 294.77 | 4903.83 | 204.42 | 183.43 | 237.0 | 4726.44 | 203.37 |
