- 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) | 1.31 | -2.24 | -7.75 | 0.63 | -7.35 | 6.78 | 69.58 | 2.4 | 8.28 | 143.36 | 7.17 | -7.21 | 84.84 | 7.62 | 10.71 | 128.09 | 4.23 | -9.88 |
| 23Q3 (19) | 1.34 | -4.29 | 3.08 | 0.68 | 4.62 | 13.33 | 67.95 | 4.31 | -3.12 | 133.77 | -4.11 | -11.89 | 78.83 | 0.79 | -4.46 | 122.89 | -2.81 | -11.88 |
| 23Q2 (18) | 1.40 | 0.72 | -0.71 | 0.65 | 4.84 | -4.41 | 65.14 | -0.64 | 0.68 | 139.51 | -5.66 | 4.79 | 78.21 | 4.48 | 4.02 | 126.44 | -8.77 | 3.1 |
| 23Q1 (17) | 1.39 | -2.11 | -6.71 | 0.62 | 5.08 | -4.62 | 65.56 | 2.02 | 7.02 | 147.88 | -4.28 | 5.63 | 74.86 | -2.31 | -4.79 | 138.59 | -2.49 | 13.01 |
| 22Q4 (16) | 1.42 | 9.23 | -8.39 | 0.59 | -1.67 | -7.81 | 64.26 | -8.38 | 9.14 | 154.50 | 1.77 | 8.58 | 76.63 | -7.13 | -10.65 | 142.13 | 1.91 | 23.15 |
| 22Q3 (15) | 1.30 | -7.8 | -11.56 | 0.60 | -11.76 | -10.45 | 70.14 | 8.41 | 13.15 | 151.82 | 14.04 | 11.44 | 82.51 | 9.74 | -7.5 | 139.46 | 13.71 | 27.9 |
| 22Q2 (14) | 1.41 | -5.37 | -1.4 | 0.68 | 4.62 | -6.85 | 64.70 | 5.62 | 1.47 | 133.13 | -4.91 | 6.13 | 75.19 | -4.37 | -14.38 | 122.64 | 0.01 | 20.97 |
| 22Q1 (13) | 1.49 | -3.87 | 4.93 | 0.65 | 1.56 | -8.45 | 61.26 | 4.04 | -4.24 | 140.00 | -1.61 | 9.36 | 78.63 | -8.31 | -16.25 | 122.63 | 6.26 | 25.02 |
| 21Q4 (12) | 1.55 | 5.44 | 2.65 | 0.64 | -4.48 | -11.11 | 58.88 | -5.02 | -2.42 | 142.29 | 4.44 | 12.07 | 85.76 | -3.86 | -0.16 | 115.41 | 5.84 | 13.83 |
| 21Q3 (11) | 1.47 | 2.8 | -3.29 | 0.67 | -8.22 | -4.29 | 61.99 | -2.78 | 3.84 | 136.24 | 8.61 | 5.21 | 89.20 | 1.57 | 23.05 | 109.04 | 7.56 | -6.56 |
| 21Q2 (10) | 1.43 | 0.7 | 32.41 | 0.73 | 2.82 | 40.38 | 63.76 | -0.33 | -24.28 | 125.44 | -2.02 | -28.18 | 87.82 | -6.47 | -12.07 | 101.38 | 3.35 | -36.23 |
| 21Q1 (9) | 1.42 | -5.96 | 10.08 | 0.71 | -1.39 | 9.23 | 63.97 | 6.02 | -9.11 | 128.02 | 0.83 | -8.26 | 93.89 | 9.3 | 8.49 | 98.09 | -3.25 | -20.5 |
| 20Q4 (8) | 1.51 | -0.66 | 14.39 | 0.72 | 2.86 | 9.09 | 60.34 | 1.07 | -12.45 | 126.96 | -1.95 | -7.73 | 85.90 | 18.5 | -2.59 | 101.39 | -13.12 | -14.32 |
| 20Q3 (7) | 1.52 | 40.74 | 16.92 | 0.70 | 34.62 | 1.45 | 59.70 | -29.1 | -14.38 | 129.49 | -25.86 | -1.54 | 72.49 | -27.42 | -21.58 | 116.70 | -26.59 | 7.25 |
| 20Q2 (6) | 1.08 | -16.28 | -23.94 | 0.52 | -20.0 | -31.58 | 84.20 | 19.64 | 31.01 | 174.65 | 25.15 | 46.3 | 99.88 | 15.41 | 16.29 | 158.97 | 28.84 | 62.63 |
| 20Q1 (5) | 1.29 | -2.27 | -12.24 | 0.65 | -1.52 | -10.96 | 70.38 | 2.12 | 13.77 | 139.55 | 1.42 | 11.52 | 86.54 | -1.86 | -2.26 | 123.39 | 4.27 | 25.32 |
| 19Q4 (4) | 1.32 | 1.54 | 0.0 | 0.66 | -4.35 | 0.0 | 68.92 | -1.16 | 0.0 | 137.60 | 4.63 | 0.0 | 88.18 | -4.61 | 0.0 | 118.34 | 8.76 | 0.0 |
| 19Q3 (3) | 1.30 | -8.45 | 0.0 | 0.69 | -9.21 | 0.0 | 69.73 | 8.5 | 0.0 | 131.51 | 10.16 | 0.0 | 92.44 | 7.63 | 0.0 | 108.81 | 11.31 | 0.0 |
| 19Q2 (2) | 1.42 | -3.4 | 0.0 | 0.76 | 4.11 | 0.0 | 64.27 | 3.9 | 0.0 | 119.38 | -4.6 | 0.0 | 85.89 | -2.99 | 0.0 | 97.75 | -0.72 | 0.0 |
| 19Q1 (1) | 1.47 | 0.0 | 0.0 | 0.73 | 0.0 | 0.0 | 61.86 | 0.0 | 0.0 | 125.13 | 0.0 | 0.0 | 88.54 | 0.0 | 0.0 | 98.46 | 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) | 5.57 | -9.58 | 2.51 | -3.46 | 65.54 | 10.67 | 145.25 | 3.43 | 76.92 | 4.72 | 133.87 | 6.08 |
| 2022 (9) | 6.16 | -0.96 | 2.60 | -4.41 | 59.22 | 0.94 | 140.43 | 4.71 | 73.45 | -15.38 | 126.20 | 19.08 |
| 2021 (8) | 6.22 | 18.48 | 2.72 | 6.25 | 58.67 | -15.61 | 134.11 | -6.01 | 86.80 | -9.92 | 105.98 | -8.51 |
| 2020 (7) | 5.25 | -12.65 | 2.56 | -11.72 | 69.52 | 14.44 | 142.68 | 13.47 | 96.36 | 15.57 | 115.84 | 12.35 |
| 2019 (6) | 6.01 | -2.44 | 2.90 | -1.69 | 60.75 | 2.55 | 125.74 | 1.69 | 83.38 | -7.11 | 103.11 | 10.72 |
| 2018 (5) | 6.16 | -2.07 | 2.95 | -1.34 | 59.24 | 2.05 | 123.65 | 1.3 | 89.76 | 1.26 | 93.13 | 1.81 |
| 2017 (4) | 6.29 | -0.63 | 2.99 | 4.91 | 58.05 | 0.69 | 122.06 | -4.57 | 88.64 | 1.15 | 91.47 | -6.59 |
| 2016 (3) | 6.33 | 2.1 | 2.85 | 1.79 | 57.65 | -2.14 | 127.90 | -1.95 | 87.63 | -1.74 | 97.92 | -2.26 |
| 2015 (2) | 6.20 | 59.38 | 2.80 | -23.71 | 58.91 | -37.16 | 130.45 | 31.17 | 89.18 | -19.94 | 100.18 | 22.44 |
| 2014 (1) | 3.89 | 7.76 | 3.67 | -47.27 | 93.75 | -7.16 | 99.45 | 89.57 | 111.39 | 7.37 | 81.82 | 64.63 |
