- 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) | 1.18 | -9.23 | -4.84 | 1.88 | 11.24 | 22.08 | 77.38 | 10.92 | 5.75 | 48.50 | -9.75 | -17.91 | 75.54 | 12.38 | 6.63 | 50.34 | -10.57 | -18.03 |
| 23Q3 (19) | 1.30 | 12.07 | -10.96 | 1.69 | 33.07 | 13.42 | 69.76 | -11.35 | 11.72 | 53.74 | -24.85 | -11.94 | 67.22 | -11.19 | -2.57 | 56.29 | -24.46 | 3.3 |
| 23Q2 (18) | 1.16 | 20.83 | -4.92 | 1.27 | 6.72 | 6.72 | 78.69 | -16.98 | 5.24 | 71.51 | -6.66 | -6.69 | 75.69 | -11.22 | -7.95 | 74.52 | -13.47 | 7.72 |
| 23Q1 (17) | 0.96 | -22.58 | -19.33 | 1.19 | -22.73 | -16.78 | 94.78 | 29.53 | 24.14 | 76.61 | 29.67 | 20.02 | 85.26 | 20.36 | 13.59 | 86.12 | 40.24 | 32.25 |
| 22Q4 (16) | 1.24 | -15.07 | -8.82 | 1.54 | 3.36 | -4.94 | 73.17 | 17.18 | 9.63 | 59.08 | -3.2 | 5.22 | 70.84 | 2.68 | 4.76 | 61.41 | 12.7 | 11.09 |
| 22Q3 (15) | 1.46 | 19.67 | -3.31 | 1.49 | 25.21 | 4.2 | 62.44 | -16.49 | 3.58 | 61.03 | -20.37 | -4.09 | 68.99 | -16.1 | -0.17 | 54.49 | -21.23 | -0.57 |
| 22Q2 (14) | 1.22 | 2.52 | 0.0 | 1.19 | -16.78 | 1.71 | 74.77 | -2.07 | 0.4 | 76.64 | 20.07 | -1.87 | 82.23 | 9.55 | -4.16 | 69.18 | 6.23 | 3.61 |
| 22Q1 (13) | 1.19 | -12.5 | 9.17 | 1.43 | -11.73 | 5.15 | 76.35 | 14.4 | -8.71 | 63.83 | 13.68 | -4.36 | 75.06 | 11.0 | -12.82 | 65.12 | 17.8 | 1.32 |
| 21Q4 (12) | 1.36 | -9.93 | 5.43 | 1.62 | 13.29 | -10.0 | 66.74 | 10.72 | -5.33 | 56.15 | -11.76 | 11.12 | 67.62 | -2.16 | 2.41 | 55.28 | 0.88 | 0.51 |
| 21Q3 (11) | 1.51 | 23.77 | 15.27 | 1.43 | 22.22 | -10.06 | 60.28 | -19.05 | -13.09 | 63.63 | -18.53 | 10.85 | 69.11 | -19.45 | 2.14 | 54.80 | -17.93 | -7.28 |
| 21Q2 (10) | 1.22 | 11.93 | 6.09 | 1.17 | -13.97 | -7.87 | 74.47 | -10.95 | -6.19 | 78.10 | 17.02 | 9.2 | 85.80 | -0.35 | 8.03 | 66.77 | 3.89 | -6.59 |
| 21Q1 (9) | 1.09 | -15.5 | 18.48 | 1.36 | -24.44 | 11.48 | 83.63 | 18.62 | -15.56 | 66.74 | 32.08 | -10.74 | 86.10 | 30.4 | -6.36 | 64.27 | 16.85 | -21.48 |
| 20Q4 (8) | 1.29 | -1.53 | 8.4 | 1.80 | 13.21 | 6.51 | 70.50 | 1.64 | -7.61 | 50.53 | -11.97 | -6.34 | 66.03 | -2.41 | -9.47 | 55.00 | -6.94 | -4.05 |
| 20Q3 (7) | 1.31 | 13.91 | 1.55 | 1.59 | 25.2 | -4.22 | 69.36 | -12.62 | -1.56 | 57.40 | -19.74 | 4.73 | 67.66 | -14.81 | 0.46 | 59.10 | -17.32 | 2.04 |
| 20Q2 (6) | 1.15 | 25.0 | 0.88 | 1.27 | 4.1 | -9.29 | 79.38 | -19.85 | -0.68 | 71.52 | -4.35 | 9.83 | 79.42 | -13.63 | 4.38 | 71.48 | -12.67 | 3.65 |
| 20Q1 (5) | 0.92 | -22.69 | 4.55 | 1.22 | -27.81 | -8.96 | 99.04 | 29.79 | -4.05 | 74.77 | 38.59 | 9.99 | 91.95 | 26.06 | 4.81 | 81.85 | 42.79 | -1.94 |
| 19Q4 (4) | 1.19 | -7.75 | 0.0 | 1.69 | 1.81 | 0.0 | 76.31 | 8.3 | 0.0 | 53.95 | -1.57 | 0.0 | 72.94 | 8.3 | 0.0 | 57.32 | -1.04 | 0.0 |
| 19Q3 (3) | 1.29 | 13.16 | 0.0 | 1.66 | 18.57 | 0.0 | 70.46 | -11.84 | 0.0 | 54.81 | -15.83 | 0.0 | 67.35 | -11.49 | 0.0 | 57.92 | -16.01 | 0.0 |
| 19Q2 (2) | 1.14 | 29.55 | 0.0 | 1.40 | 4.48 | 0.0 | 79.92 | -22.57 | 0.0 | 65.12 | -4.21 | 0.0 | 76.09 | -13.27 | 0.0 | 68.96 | -17.38 | 0.0 |
| 19Q1 (1) | 0.88 | 0.0 | 0.0 | 1.34 | 0.0 | 0.0 | 103.22 | 0.0 | 0.0 | 67.98 | 0.0 | 0.0 | 87.73 | 0.0 | 0.0 | 83.47 | 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) | 4.02 | -15.37 | 6.30 | -0.47 | 90.79 | 18.15 | 57.94 | 0.43 | 81.66 | 17.16 | 67.07 | 3.46 |
| 2022 (9) | 4.75 | 12.03 | 6.33 | 4.98 | 76.84 | -10.79 | 57.69 | -4.63 | 69.70 | -11.82 | 64.83 | -4.08 |
| 2021 (8) | 4.24 | 1.68 | 6.03 | -6.22 | 86.13 | -1.58 | 60.49 | 6.61 | 79.04 | 1.83 | 67.59 | 1.46 |
| 2020 (7) | 4.17 | 4.77 | 6.43 | 0.63 | 87.51 | -4.51 | 56.74 | -0.73 | 77.62 | 0.22 | 66.62 | -6.63 |
| 2019 (6) | 3.98 | 5.85 | 6.39 | -4.48 | 91.64 | -5.65 | 57.16 | 4.71 | 77.45 | -2.35 | 71.35 | -1.46 |
| 2018 (5) | 3.76 | -10.26 | 6.69 | -9.35 | 97.13 | 11.58 | 54.59 | 10.35 | 79.31 | 9.06 | 72.41 | 13.5 |
| 2017 (4) | 4.19 | 5.81 | 7.38 | 16.96 | 87.05 | -5.48 | 49.47 | -14.46 | 72.72 | -2.13 | 63.80 | -15.63 |
| 2016 (3) | 3.96 | -5.04 | 6.31 | -7.07 | 92.10 | 5.22 | 57.83 | 7.53 | 74.30 | 21.96 | 75.62 | -5.95 |
| 2015 (2) | 4.17 | 22.29 | 6.79 | 4.95 | 87.53 | -18.16 | 53.78 | -4.65 | 60.92 | 4.66 | 80.40 | -23.52 |
| 2014 (1) | 3.41 | 1.49 | 6.47 | -3.29 | 106.95 | -1.5 | 56.40 | 3.43 | 58.21 | 2.57 | 105.13 | -1.16 |
