- 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) | 2.41 | 0.84 | -12.68 | 0.07 | 0.0 | -36.36 | 37.77 | -0.97 | 14.52 | 1302.91 | -1.43 | 63.27 | 49.22 | 4.83 | 24.04 | 1291.46 | -1.64 | 63.21 |
| 23Q3 (19) | 2.39 | -13.72 | 8.64 | 0.07 | -30.0 | -41.67 | 38.14 | 16.1 | -7.79 | 1321.85 | 41.74 | 73.49 | 46.95 | 33.3 | 1.05 | 1313.05 | 41.15 | 73.5 |
| 23Q2 (18) | 2.77 | 33.17 | 4.92 | 0.10 | 42.86 | -28.57 | 32.85 | -25.02 | -4.62 | 932.58 | -24.28 | 46.97 | 35.22 | -29.5 | -11.88 | 930.22 | -24.1 | 47.89 |
| 23Q1 (17) | 2.08 | -24.64 | -36.97 | 0.07 | -36.36 | -63.16 | 43.81 | 32.84 | 58.9 | 1231.68 | 54.34 | 151.35 | 49.96 | 25.91 | 67.2 | 1225.52 | 54.87 | 151.28 |
| 22Q4 (16) | 2.76 | 25.45 | -41.28 | 0.11 | -8.33 | -47.62 | 32.98 | -20.26 | 70.26 | 798.01 | 4.74 | 80.05 | 39.68 | -14.59 | 56.1 | 791.31 | 4.56 | 81.02 |
| 22Q3 (15) | 2.20 | -16.67 | -42.56 | 0.12 | -14.29 | -33.33 | 41.36 | 20.09 | 74.22 | 761.90 | 20.07 | 49.02 | 46.46 | 16.24 | 70.0 | 756.80 | 20.32 | 49.07 |
| 22Q2 (14) | 2.64 | -20.0 | -23.7 | 0.14 | -26.32 | 0.0 | 34.44 | 24.92 | 31.0 | 634.53 | 29.49 | -4.25 | 39.97 | 33.77 | 28.19 | 629.00 | 28.97 | -4.38 |
| 22Q1 (13) | 3.30 | -29.79 | -23.43 | 0.19 | -9.52 | -9.52 | 27.57 | 42.33 | 30.66 | 490.02 | 10.56 | 14.0 | 29.88 | 17.55 | 87.34 | 487.71 | 11.57 | 12.12 |
| 21Q4 (12) | 4.70 | 22.72 | 17.79 | 0.21 | 16.67 | 10.53 | 19.37 | -18.41 | -15.08 | 443.21 | -13.31 | -7.62 | 25.42 | -6.99 | 83.94 | 437.15 | -13.89 | -10.56 |
| 21Q3 (11) | 3.83 | 10.69 | -30.99 | 0.18 | 28.57 | 28.57 | 23.74 | -9.7 | 44.76 | 511.28 | -22.85 | -23.71 | 27.33 | -12.35 | 40.08 | 507.69 | -22.82 | -23.89 |
| 21Q2 (10) | 3.46 | -19.72 | -18.78 | 0.14 | -33.33 | 40.0 | 26.29 | 24.6 | 23.02 | 662.71 | 54.18 | -23.9 | 31.18 | 95.49 | 11.48 | 657.81 | 51.22 | -23.88 |
| 21Q1 (9) | 4.31 | 8.02 | -40.47 | 0.21 | 10.53 | 50.0 | 21.10 | -7.5 | 67.86 | 429.84 | -10.41 | -31.51 | 15.95 | 15.41 | -11.78 | 434.99 | -11.0 | -30.08 |
| 20Q4 (8) | 3.99 | -28.11 | -7.64 | 0.19 | 35.71 | 72.73 | 22.81 | 39.09 | 8.26 | 479.78 | -28.41 | -42.97 | 13.82 | -29.16 | -34.78 | 488.76 | -26.73 | -41.9 |
| 20Q3 (7) | 5.55 | 30.28 | 103.3 | 0.14 | 40.0 | 100.0 | 16.40 | -23.26 | -50.75 | 670.14 | -23.04 | -49.72 | 19.51 | -30.25 | -45.53 | 667.03 | -22.81 | -49.85 |
| 20Q2 (6) | 4.26 | -41.16 | -12.7 | 0.10 | -28.57 | -33.33 | 21.37 | 70.01 | 14.65 | 870.79 | 38.74 | 42.88 | 27.97 | 54.7 | 71.6 | 864.19 | 38.91 | 41.26 |
| 20Q1 (5) | 7.24 | 67.59 | 137.38 | 0.14 | 27.27 | 100.0 | 12.57 | -40.34 | -57.82 | 627.63 | -25.4 | -50.81 | 18.08 | -14.68 | -49.23 | 622.12 | -26.04 | -51.02 |
| 19Q4 (4) | 4.32 | 58.24 | 0.0 | 0.11 | 57.14 | 0.0 | 21.07 | -36.73 | 0.0 | 841.33 | -36.87 | 0.0 | 21.19 | -40.84 | 0.0 | 841.21 | -36.76 | 0.0 |
| 19Q3 (3) | 2.73 | -44.06 | 0.0 | 0.07 | -53.33 | 0.0 | 33.30 | 78.65 | 0.0 | 1332.69 | 118.67 | 0.0 | 35.82 | 119.75 | 0.0 | 1330.17 | 117.43 | 0.0 |
| 19Q2 (2) | 4.88 | 60.0 | 0.0 | 0.15 | 114.29 | 0.0 | 18.64 | -37.45 | 0.0 | 609.44 | -52.24 | 0.0 | 16.30 | -54.23 | 0.0 | 611.78 | -51.83 | 0.0 |
| 19Q1 (1) | 3.05 | 0.0 | 0.0 | 0.07 | 0.0 | 0.0 | 29.80 | 0.0 | 0.0 | 1275.96 | 0.0 | 0.0 | 35.61 | 0.0 | 0.0 | 1270.16 | 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) | 9.21 | -28.49 | 0.31 | -35.42 | 39.63 | 39.89 | 1180.21 | 55.75 | 46.99 | 32.67 | 1172.85 | 56.24 |
| 2022 (9) | 12.88 | -11.42 | 0.48 | -31.43 | 28.33 | 12.82 | 757.78 | 44.84 | 35.42 | 68.19 | 750.69 | 42.39 |
| 2021 (8) | 14.54 | -18.63 | 0.70 | 20.69 | 25.11 | 22.91 | 523.17 | -17.5 | 21.06 | 28.18 | 527.22 | -17.38 |
| 2020 (7) | 17.87 | 2.52 | 0.58 | 45.0 | 20.43 | -2.44 | 634.16 | -31.24 | 16.43 | -33.62 | 638.15 | -30.52 |
| 2019 (6) | 17.43 | 147.23 | 0.40 | 110.53 | 20.94 | -59.54 | 922.22 | -52.97 | 24.75 | -58.35 | 918.40 | -52.98 |
| 2018 (5) | 7.05 | -9.85 | 0.19 | -13.64 | 51.75 | 10.86 | 1961.06 | 16.23 | 59.42 | 8.45 | 1953.40 | 16.33 |
| 2017 (4) | 7.82 | 4.83 | 0.22 | 4.76 | 46.68 | -4.62 | 1687.29 | -1.87 | 54.79 | -10.39 | 1679.19 | -1.65 |
| 2016 (3) | 7.46 | -23.17 | 0.21 | -19.23 | 48.94 | 30.19 | 1719.52 | 22.54 | 61.14 | -14.38 | 1707.31 | 24.68 |
| 2015 (2) | 9.71 | -60.07 | 0.26 | -40.91 | 37.59 | 150.43 | 1403.18 | 69.22 | 71.41 | 21.65 | 1369.37 | 74.33 |
| 2014 (1) | 24.32 | 22.52 | 0.44 | 22.22 | 15.01 | -18.38 | 829.19 | -17.3 | 58.70 | -16.05 | 785.49 | -17.41 |
