- 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) | 62.91 | 2011.07 | 1349.54 | 0.06 | 500.0 | 500.0 | 1.45 | -95.25 | -93.08 | 1415.77 | -90.04 | -83.32 | 33.57 | -86.44 | -65.1 | 1383.65 | -90.12 | -83.55 |
| 23Q3 (19) | 2.98 | -16.29 | -39.43 | 0.01 | 0.0 | 0.0 | 30.55 | 19.57 | 65.14 | 14214.80 | 41.0 | 64.99 | 247.49 | 160.46 | 128.61 | 13997.80 | 39.81 | 64.19 |
| 23Q2 (18) | 3.56 | 22.34 | 29.93 | 0.01 | 0.0 | 0.0 | 25.55 | -18.4 | -23.11 | 10081.30 | -6.47 | 0.35 | 95.02 | -13.23 | -26.98 | 10011.80 | -6.43 | 0.63 |
| 23Q1 (17) | 2.91 | -32.95 | 67.24 | 0.01 | 0.0 | 0.0 | 31.31 | 49.45 | -40.16 | 10778.30 | 26.99 | -0.54 | 109.51 | 13.84 | -12.78 | 10700.10 | 27.19 | -0.59 |
| 22Q4 (16) | 4.34 | -11.79 | 65.02 | 0.01 | 0.0 | 0.0 | 20.95 | 13.24 | -39.45 | 8487.67 | -1.48 | 2.52 | 96.20 | -11.14 | 0.0 | 8412.41 | -1.33 | 2.37 |
| 22Q3 (15) | 4.92 | 79.56 | 47.75 | 0.01 | 0.0 | 0.0 | 18.50 | -44.33 | -32.38 | 8615.35 | -14.24 | 5.13 | 108.26 | -16.81 | 50.63 | 8525.59 | -14.31 | 4.61 |
| 22Q2 (14) | 2.74 | 57.47 | 2.24 | 0.01 | 0.0 | 0.0 | 33.23 | -36.49 | -2.24 | 10046.30 | -7.29 | -4.96 | 130.13 | 3.65 | 9.38 | 9949.42 | -7.56 | -5.11 |
| 22Q1 (13) | 1.74 | -33.84 | -76.68 | 0.01 | 0.0 | -50.0 | 52.32 | 51.21 | 328.85 | 10836.40 | 30.89 | 84.11 | 125.55 | 30.51 | 17.85 | 10763.20 | 30.98 | 85.84 |
| 21Q4 (12) | 2.63 | -21.02 | -63.67 | 0.01 | 0.0 | -50.0 | 34.60 | 26.46 | 175.48 | 8279.03 | 1.03 | 76.54 | 96.20 | 33.85 | 15.83 | 8217.42 | 0.82 | 77.9 |
| 21Q3 (11) | 3.33 | 24.25 | -50.52 | 0.01 | 0.0 | -66.67 | 27.36 | -19.51 | 102.22 | 8194.75 | -22.47 | 160.46 | 71.87 | -39.59 | 27.32 | 8150.23 | -22.27 | 162.63 |
| 21Q2 (10) | 2.68 | -64.08 | -26.58 | 0.01 | -50.0 | -66.67 | 33.99 | 178.61 | 36.18 | 10570.10 | 79.58 | 197.34 | 118.97 | 11.68 | 71.55 | 10485.20 | 81.04 | 198.68 |
| 21Q1 (9) | 7.46 | 3.04 | 72.29 | 0.02 | 0.0 | -33.33 | 12.20 | -2.87 | -41.99 | 5885.98 | 25.51 | 99.35 | 106.53 | 28.27 | 81.51 | 5791.65 | 25.39 | 98.69 |
| 20Q4 (8) | 7.24 | 7.58 | 55.36 | 0.02 | -33.33 | -50.0 | 12.56 | -7.17 | -35.72 | 4689.57 | 49.05 | 127.95 | 83.05 | 47.12 | 93.09 | 4619.08 | 48.84 | 127.12 |
| 20Q3 (7) | 6.73 | 84.38 | 293.57 | 0.03 | 0.0 | -25.0 | 13.53 | -45.79 | -74.52 | 3146.25 | -11.49 | 26.77 | 56.45 | -18.6 | -3.88 | 3103.33 | -11.6 | 25.33 |
| 20Q2 (6) | 3.65 | -15.7 | 40.38 | 0.03 | 0.0 | -25.0 | 24.96 | 18.69 | -28.79 | 3554.85 | 20.4 | 73.69 | 69.35 | 18.16 | 33.49 | 3510.46 | 20.43 | 72.95 |
| 20Q1 (5) | 4.33 | -7.08 | 134.05 | 0.03 | -25.0 | 0.0 | 21.03 | 7.63 | -57.2 | 2952.57 | 43.52 | -9.99 | 58.69 | 36.46 | -44.65 | 2914.91 | 43.32 | -9.57 |
| 19Q4 (4) | 4.66 | 172.51 | 0.0 | 0.04 | 0.0 | 0.0 | 19.54 | -63.2 | 0.0 | 2057.24 | -17.11 | 0.0 | 43.01 | -26.77 | 0.0 | 2033.78 | -17.87 | 0.0 |
| 19Q3 (3) | 1.71 | -34.23 | 0.0 | 0.04 | 0.0 | 0.0 | 53.10 | 51.5 | 0.0 | 2481.83 | 21.26 | 0.0 | 58.73 | 13.05 | 0.0 | 2476.20 | 21.99 | 0.0 |
| 19Q2 (2) | 2.60 | 40.54 | 0.0 | 0.04 | 33.33 | 0.0 | 35.05 | -28.66 | 0.0 | 2046.66 | -37.61 | 0.0 | 51.95 | -51.0 | 0.0 | 2029.76 | -37.03 | 0.0 |
| 19Q1 (1) | 1.85 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 49.13 | 0.0 | 0.0 | 3280.34 | 0.0 | 0.0 | 106.03 | 0.0 | 0.0 | 3223.43 | 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) | 58.64 | 497.15 | 0.09 | 125.0 | 6.22 | -83.28 | 4040.64 | -56.72 | 68.44 | -34.72 | 3978.43 | -57.07 |
| 2022 (9) | 9.82 | -21.75 | 0.04 | -20.0 | 37.19 | 27.93 | 9335.62 | 16.04 | 104.84 | -12.58 | 9267.96 | 16.52 |
| 2021 (8) | 12.55 | -49.54 | 0.05 | -54.55 | 29.07 | 98.02 | 8044.84 | 131.59 | 119.92 | 76.69 | 7954.00 | 132.54 |
| 2020 (7) | 24.87 | 94.75 | 0.11 | -26.67 | 14.68 | -48.64 | 3473.68 | 39.6 | 67.87 | -5.95 | 3420.49 | 39.91 |
| 2019 (6) | 12.77 | 40.18 | 0.15 | -6.25 | 28.58 | -28.66 | 2488.29 | 6.02 | 72.16 | -38.38 | 2444.72 | 7.69 |
| 2018 (5) | 9.11 | -43.24 | 0.16 | -5.88 | 40.06 | 76.17 | 2347.11 | 10.44 | 117.11 | -18.12 | 2270.06 | 13.23 |
| 2017 (4) | 16.05 | 21.13 | 0.17 | -34.62 | 22.74 | -17.46 | 2125.15 | 53.07 | 143.02 | 36.93 | 2004.87 | 52.87 |
| 2016 (3) | 13.25 | 64.8 | 0.26 | -7.14 | 27.55 | -39.29 | 1388.38 | 6.1 | 104.45 | 7.32 | 1311.48 | 4.36 |
| 2015 (2) | 8.04 | -6.51 | 0.28 | 0.0 | 45.38 | 6.93 | 1308.61 | 0.62 | 97.33 | -10.92 | 1256.66 | 1.86 |
| 2014 (1) | 8.60 | -3.59 | 0.28 | -17.65 | 42.44 | 3.74 | 1300.53 | 19.6 | 109.26 | -4.35 | 1233.72 | 21.66 |
