- 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) | 1.17 | -1.68 | 7.34 | 1.49 | -3.87 | 2.76 | 77.50 | 1.41 | -7.01 | 60.96 | 3.55 | -3.01 | 17.48 | 16.53 | 0.34 | 120.99 | 0.59 | -6.04 |
| 23Q3 (19) | 1.19 | 19.0 | 6.25 | 1.55 | 20.16 | -1.9 | 76.42 | -15.82 | -5.56 | 58.87 | -16.78 | 2.33 | 15.00 | -6.6 | -19.83 | 120.28 | -17.31 | 0.46 |
| 23Q2 (18) | 1.00 | -6.54 | -3.85 | 1.29 | 4.03 | -19.88 | 90.78 | 7.03 | 4.18 | 70.74 | -3.78 | 25.25 | 16.06 | -8.59 | -15.34 | 145.46 | 3.34 | 16.7 |
| 23Q1 (17) | 1.07 | -1.83 | 2.88 | 1.24 | -14.48 | -18.42 | 84.82 | 1.78 | -3.41 | 73.52 | 16.98 | 22.94 | 17.57 | 0.86 | -13.15 | 140.76 | 9.31 | 10.5 |
| 22Q4 (16) | 1.09 | -2.68 | -35.88 | 1.45 | -8.23 | -12.65 | 83.34 | 2.99 | 55.78 | 62.85 | 9.25 | 14.75 | 17.42 | -6.89 | -30.38 | 128.77 | 7.55 | 54.7 |
| 22Q3 (15) | 1.12 | 7.69 | -1.75 | 1.58 | -1.86 | -21.0 | 80.92 | -7.14 | 1.58 | 57.53 | 1.86 | 26.13 | 18.71 | -1.37 | -30.55 | 119.73 | -3.94 | 21.76 |
| 22Q2 (14) | 1.04 | 0.0 | -16.8 | 1.61 | 5.92 | -17.44 | 87.14 | -0.76 | 19.66 | 56.48 | -5.55 | 21.05 | 18.97 | -6.23 | -20.93 | 124.64 | -2.15 | 30.51 |
| 22Q1 (13) | 1.04 | -38.82 | -17.46 | 1.52 | -8.43 | -8.43 | 87.81 | 64.13 | 21.42 | 59.80 | 9.18 | 8.85 | 20.23 | -19.14 | -22.93 | 127.38 | 53.03 | 26.12 |
| 21Q4 (12) | 1.70 | 49.12 | 31.78 | 1.66 | -17.0 | 1.22 | 53.50 | -32.84 | -24.32 | 54.77 | 20.08 | -1.42 | 25.02 | -7.13 | -5.05 | 83.24 | -15.35 | -16.68 |
| 21Q3 (11) | 1.14 | -8.8 | -22.97 | 2.00 | 2.56 | 40.85 | 79.66 | 9.39 | 29.74 | 45.61 | -2.25 | -28.85 | 26.94 | 12.3 | 9.96 | 98.33 | 2.96 | -2.64 |
| 21Q2 (10) | 1.25 | -0.79 | 52.44 | 1.95 | 17.47 | 129.41 | 72.82 | 0.69 | -34.57 | 46.66 | -15.07 | -56.47 | 23.99 | -8.61 | -40.87 | 95.50 | -5.45 | -46.32 |
| 21Q1 (9) | 1.26 | -2.33 | 12.5 | 1.66 | 1.22 | 28.68 | 72.32 | 2.31 | -11.06 | 54.94 | -1.12 | -22.25 | 26.25 | -0.38 | -4.09 | 101.00 | 1.1 | -18.94 |
| 20Q4 (8) | 1.29 | -12.84 | 63.29 | 1.64 | 15.49 | 35.54 | 70.69 | 15.13 | -38.54 | 55.56 | -13.32 | -26.39 | 26.35 | 7.55 | -6.63 | 99.90 | -1.09 | -38.44 |
| 20Q3 (7) | 1.48 | 80.49 | 29.82 | 1.42 | 67.06 | 22.41 | 61.40 | -44.83 | -23.2 | 64.10 | -40.19 | -18.53 | 24.50 | -39.61 | -13.67 | 101.00 | -43.22 | -22.46 |
| 20Q2 (6) | 0.82 | -26.79 | -20.39 | 0.85 | -34.11 | -30.33 | 111.29 | 36.87 | 25.4 | 107.18 | 51.68 | 44.04 | 40.57 | 48.23 | 52.63 | 177.89 | 42.77 | 30.26 |
| 20Q1 (5) | 1.12 | 41.77 | 8.74 | 1.29 | 6.61 | 6.61 | 81.31 | -29.31 | -8.05 | 70.66 | -6.39 | -6.02 | 27.37 | -3.01 | -6.81 | 124.60 | -23.22 | -7.19 |
| 19Q4 (4) | 0.79 | -30.7 | 0.0 | 1.21 | 4.31 | 0.0 | 115.02 | 43.86 | 0.0 | 75.48 | -4.07 | 0.0 | 28.22 | -0.56 | 0.0 | 162.28 | 24.59 | 0.0 |
| 19Q3 (3) | 1.14 | 10.68 | 0.0 | 1.16 | -4.92 | 0.0 | 79.95 | -9.92 | 0.0 | 78.68 | 5.74 | 0.0 | 28.38 | 6.77 | 0.0 | 130.25 | -4.63 | 0.0 |
| 19Q2 (2) | 1.03 | 0.0 | 0.0 | 1.22 | 0.83 | 0.0 | 88.75 | 0.36 | 0.0 | 74.41 | -1.04 | 0.0 | 26.58 | -9.5 | 0.0 | 136.57 | 1.73 | 0.0 |
| 19Q1 (1) | 1.03 | 0.0 | 0.0 | 1.21 | 0.0 | 0.0 | 88.43 | 0.0 | 0.0 | 75.19 | 0.0 | 0.0 | 29.37 | 0.0 | 0.0 | 134.25 | 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) | 4.78 | -9.98 | 5.49 | -18.3 | 76.30 | 10.9 | 66.47 | 22.37 | 16.99 | 8.01 | 125.77 | 17.12 |
| 2022 (9) | 5.31 | -7.97 | 6.72 | -4.95 | 68.80 | 8.72 | 54.32 | 5.21 | 15.73 | -27.01 | 107.39 | 15.03 |
| 2021 (8) | 5.77 | 32.34 | 7.07 | 35.44 | 63.28 | -24.49 | 51.63 | -26.14 | 21.55 | -26.17 | 93.36 | -25.02 |
| 2020 (7) | 4.36 | -3.75 | 5.22 | -7.12 | 83.80 | 4.03 | 69.90 | 7.67 | 29.19 | 19.05 | 124.52 | 2.96 |
| 2019 (6) | 4.53 | -2.37 | 5.62 | -10.65 | 80.55 | 2.44 | 64.92 | 11.95 | 24.52 | -6.09 | 120.94 | 9.44 |
| 2018 (5) | 4.64 | -4.33 | 6.29 | -8.71 | 78.63 | 4.38 | 57.99 | 9.44 | 26.11 | -2.86 | 110.51 | 8.95 |
| 2017 (4) | 4.85 | 0.62 | 6.89 | 29.03 | 75.33 | -0.53 | 52.99 | -22.51 | 26.88 | -5.75 | 101.43 | -12.25 |
| 2016 (3) | 4.82 | -2.63 | 5.34 | 12.9 | 75.73 | 2.74 | 68.38 | -11.33 | 28.52 | 3.78 | 115.59 | -6.29 |
| 2015 (2) | 4.95 | -13.91 | 4.73 | -13.53 | 73.71 | 16.13 | 77.12 | 15.6 | 27.48 | 12.39 | 123.35 | 16.67 |
| 2014 (1) | 5.75 | -1.03 | 5.47 | 11.63 | 63.47 | 1.02 | 66.71 | -10.37 | 24.45 | -10.21 | 105.73 | -3.9 |
