- 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) | 2.52 | -3.45 | 149.5 | 2.89 | 1.05 | 162.73 | 36.18 | 3.94 | -59.98 | 31.48 | -1.19 | -62.05 | 94.49 | 35.02 | 0.53 | -26.83 | -710.57 | -133.81 |
| 23Q3 (19) | 2.61 | 34.54 | 110.48 | 2.86 | 76.54 | 214.29 | 34.81 | -25.73 | -52.42 | 31.86 | -43.24 | -68.0 | 69.98 | -13.39 | 2.81 | -3.31 | -114.91 | -103.16 |
| 23Q2 (18) | 1.94 | 100.0 | 50.39 | 1.62 | 70.53 | 128.17 | 46.87 | -50.02 | -33.74 | 56.13 | -41.18 | -56.12 | 80.80 | -46.75 | -21.37 | 22.20 | -40.72 | -76.85 |
| 23Q1 (17) | 0.97 | -3.96 | -25.95 | 0.95 | -13.64 | 1.06 | 93.78 | 3.74 | 34.57 | 95.42 | 15.02 | -1.66 | 151.75 | 61.45 | -16.62 | 37.45 | -52.81 | 345.09 |
| 22Q4 (16) | 1.01 | -18.55 | -63.67 | 1.10 | 20.88 | -48.84 | 90.40 | 23.56 | 175.78 | 82.96 | -16.68 | 95.94 | 93.99 | 38.08 | -5.08 | 79.36 | -24.17 | 432.05 |
| 22Q3 (15) | 1.24 | -3.88 | -44.14 | 0.91 | 28.17 | -50.54 | 73.16 | 3.42 | 78.31 | 99.57 | -22.17 | 100.95 | 68.07 | -33.76 | -42.01 | 104.66 | 9.13 | 490.52 |
| 22Q2 (14) | 1.29 | -1.53 | -47.13 | 0.71 | -24.47 | -69.53 | 70.74 | 1.51 | 89.91 | 127.93 | 31.85 | 228.19 | 102.76 | -43.54 | 5.99 | 95.90 | 727.62 | 562.84 |
| 22Q1 (13) | 1.31 | -52.88 | -26.4 | 0.94 | -56.28 | -59.66 | 69.69 | 112.6 | 36.22 | 97.03 | 129.17 | 148.1 | 181.99 | 83.79 | 60.8 | -15.28 | 36.07 | 33.3 |
| 21Q4 (12) | 2.78 | 25.23 | 44.79 | 2.15 | 16.85 | -40.93 | 32.78 | -20.11 | -30.93 | 42.34 | -14.55 | 69.36 | 99.02 | -15.64 | 11.41 | -23.90 | 10.82 | -45.47 |
| 21Q3 (11) | 2.22 | -9.02 | 16.84 | 1.84 | -21.03 | -48.31 | 41.03 | 10.15 | -14.31 | 49.55 | 27.12 | 93.71 | 117.38 | 21.07 | 54.45 | -26.80 | -29.34 | -955.12 |
| 21Q2 (10) | 2.44 | 37.08 | 40.23 | 2.33 | 0.0 | -5.28 | 37.25 | -27.19 | -28.97 | 38.98 | -0.33 | 5.47 | 96.95 | -14.34 | 13.17 | -20.72 | 9.56 | -656.99 |
| 21Q1 (9) | 1.78 | -7.29 | 14.84 | 2.33 | -35.99 | 14.22 | 51.16 | 7.8 | -12.9 | 39.11 | 56.44 | -12.39 | 113.18 | 27.34 | 2.42 | -22.91 | -39.44 | -221.32 |
| 20Q4 (8) | 1.92 | 1.05 | 18.52 | 3.64 | 2.25 | 50.41 | 47.46 | -0.88 | -15.37 | 25.00 | -2.27 | -33.58 | 88.88 | 16.95 | -4.4 | -16.43 | -546.85 | -2320.27 |
| 20Q3 (7) | 1.90 | 9.2 | 20.25 | 3.56 | 44.72 | 52.79 | 47.88 | -8.7 | -16.96 | 25.58 | -30.79 | -34.44 | 76.00 | -11.29 | 2.54 | -2.54 | -168.28 | -111.26 |
| 20Q2 (6) | 1.74 | 12.26 | 31.82 | 2.46 | 20.59 | 57.69 | 52.44 | -10.73 | -23.75 | 36.96 | -17.2 | -36.46 | 85.67 | -22.48 | -21.76 | 3.72 | 152.17 | -78.67 |
| 20Q1 (5) | 1.55 | -4.32 | 3.33 | 2.04 | -15.7 | -3.32 | 58.74 | 4.74 | -3.15 | 44.64 | 18.6 | 3.69 | 110.51 | 18.87 | 6.05 | -7.13 | -1063.51 | -1298.04 |
| 19Q4 (4) | 1.62 | 2.53 | 0.0 | 2.42 | 3.86 | 0.0 | 56.08 | -2.74 | 0.0 | 37.64 | -3.54 | 0.0 | 92.97 | 25.43 | 0.0 | 0.74 | -96.72 | 0.0 |
| 19Q3 (3) | 1.58 | 19.7 | 0.0 | 2.33 | 49.36 | 0.0 | 57.66 | -16.16 | 0.0 | 39.02 | -32.92 | 0.0 | 74.12 | -32.31 | 0.0 | 22.55 | 29.3 | 0.0 |
| 19Q2 (2) | 1.32 | -12.0 | 0.0 | 1.56 | -26.07 | 0.0 | 68.77 | 13.39 | 0.0 | 58.17 | 35.12 | 0.0 | 109.50 | 5.08 | 0.0 | 17.44 | 3519.61 | 0.0 |
| 19Q1 (1) | 1.50 | 0.0 | 0.0 | 2.11 | 0.0 | 0.0 | 60.65 | 0.0 | 0.0 | 43.05 | 0.0 | 0.0 | 104.21 | 0.0 | 0.0 | -0.51 | 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) | 7.43 | 106.96 | 8.45 | 145.64 | 49.12 | -51.73 | 43.20 | -59.34 | 114.54 | -53.64 | -22.22 | 0 |
| 2022 (9) | 3.59 | -59.48 | 3.44 | -66.67 | 101.76 | 146.87 | 106.24 | 200.37 | 247.06 | 140.14 | -39.07 | 0 |
| 2021 (8) | 8.86 | 35.06 | 10.32 | -4.97 | 41.22 | -25.92 | 35.37 | 5.21 | 102.88 | -7.61 | -26.30 | 0 |
| 2020 (7) | 6.56 | 14.49 | 10.86 | 17.79 | 55.64 | -12.6 | 33.62 | -15.1 | 111.36 | 4.77 | -22.09 | 0 |
| 2019 (6) | 5.73 | 43.25 | 9.22 | 33.04 | 63.66 | -30.15 | 39.60 | -24.87 | 106.29 | -15.91 | -3.04 | 0 |
| 2018 (5) | 4.00 | -10.31 | 6.93 | 7.28 | 91.14 | 11.46 | 52.71 | -6.71 | 126.40 | 34.45 | 17.45 | -60.56 |
| 2017 (4) | 4.46 | 3.0 | 6.46 | 47.83 | 81.77 | -2.98 | 56.50 | -32.34 | 94.01 | 5.64 | 44.25 | -43.85 |
| 2016 (3) | 4.33 | 8.52 | 4.37 | 4.05 | 84.28 | -7.82 | 83.51 | -3.98 | 88.99 | -14.42 | 78.80 | 5.89 |
| 2015 (2) | 3.99 | 1.01 | 4.20 | -17.16 | 91.43 | -0.94 | 86.97 | 20.86 | 103.98 | 8.19 | 74.42 | 9.2 |
| 2014 (1) | 3.95 | -2.71 | 5.07 | 3.47 | 92.30 | 2.67 | 71.96 | -3.31 | 96.11 | 3.78 | 68.15 | -4.98 |
