- 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) | 2.26 | 30.64 | 0.44 | 0.01 | 0.0 | 0.0 | 40.18 | -23.51 | -0.67 | 13602.00 | 55.18 | 10.66 | 974.19 | 47.67 | -6.11 | 12668.00 | 55.28 | 12.15 |
| 23Q3 (19) | 1.73 | -3.35 | -13.93 | 0.01 | 0.0 | 0.0 | 52.53 | 3.57 | 15.96 | 8765.32 | 3.71 | 43.84 | 659.72 | 4.19 | 20.74 | 8158.12 | 3.67 | 45.87 |
| 23Q2 (18) | 1.79 | -20.09 | -13.94 | 0.01 | 0.0 | 0.0 | 50.72 | 24.86 | 16.06 | 8451.62 | 8.26 | 31.93 | 633.18 | 4.58 | 24.19 | 7869.16 | 8.66 | 32.47 |
| 23Q1 (17) | 2.24 | -0.44 | 65.93 | 0.01 | 0.0 | 0.0 | 40.62 | 0.42 | -39.76 | 7806.63 | -36.49 | 22.75 | 605.46 | -41.65 | 17.22 | 7241.79 | -35.89 | 22.52 |
| 22Q4 (16) | 2.25 | 11.94 | -20.77 | 0.01 | 0.0 | -66.67 | 40.45 | -10.71 | 26.29 | 12292.20 | 101.72 | 268.61 | 1037.58 | 89.89 | 244.76 | 11295.10 | 101.96 | 268.42 |
| 22Q3 (15) | 2.01 | -3.37 | -58.98 | 0.01 | 0.0 | -80.0 | 45.30 | 3.66 | 143.68 | 6093.77 | -4.88 | 205.0 | 546.40 | 7.17 | 261.02 | 5592.67 | -5.85 | 199.84 |
| 22Q2 (14) | 2.08 | 54.07 | -66.29 | 0.01 | 0.0 | -83.33 | 43.70 | -35.19 | 196.27 | 6406.30 | 0.73 | 295.65 | 509.83 | -1.3 | 319.79 | 5940.17 | 0.5 | 292.74 |
| 22Q1 (13) | 1.35 | -52.46 | -80.0 | 0.01 | -66.67 | -90.91 | 67.43 | 110.52 | 400.22 | 6359.73 | 90.71 | 677.01 | 516.53 | 71.63 | 702.44 | 5910.63 | 92.79 | 670.01 |
| 21Q4 (12) | 2.84 | -42.04 | -74.3 | 0.03 | -40.0 | -82.35 | 32.03 | 72.3 | 288.71 | 3334.73 | 66.91 | 513.13 | 300.96 | 98.85 | 482.58 | 3065.81 | 64.37 | 512.59 |
| 21Q3 (11) | 4.90 | -20.58 | 35.36 | 0.05 | -16.67 | 0.0 | 18.59 | 26.03 | -25.97 | 1997.97 | 23.39 | 3.3 | 151.35 | 24.62 | -25.06 | 1865.20 | 23.32 | 6.14 |
| 21Q2 (10) | 6.17 | -8.59 | 450.89 | 0.06 | -45.45 | 200.0 | 14.75 | 9.42 | -81.85 | 1619.20 | 97.83 | -68.81 | 121.45 | 88.67 | -77.28 | 1512.50 | 97.04 | -68.07 |
| 21Q1 (9) | 6.75 | -38.91 | 187.23 | 0.11 | -35.29 | 57.14 | 13.48 | 63.59 | -65.26 | 818.49 | 50.49 | -37.94 | 64.37 | 24.6 | -55.7 | 767.60 | 53.38 | -36.69 |
| 20Q4 (8) | 11.05 | 205.25 | 413.95 | 0.17 | 240.0 | 183.33 | 8.24 | -67.18 | -80.49 | 543.89 | -71.88 | -66.17 | 51.66 | -74.42 | -73.31 | 500.47 | -71.52 | -65.64 |
| 20Q3 (7) | 3.62 | 223.21 | 38.17 | 0.05 | 150.0 | 0.0 | 25.11 | -69.1 | -27.72 | 1934.17 | -62.74 | -0.79 | 201.95 | -62.22 | 13.94 | 1757.33 | -62.91 | -2.75 |
| 20Q2 (6) | 1.12 | -52.34 | -53.33 | 0.02 | -71.43 | -50.0 | 81.25 | 109.41 | 114.04 | 5190.79 | 293.56 | 110.71 | 534.59 | 267.87 | 138.01 | 4737.45 | 290.75 | 108.08 |
| 20Q1 (5) | 2.35 | 9.3 | -10.65 | 0.07 | 16.67 | -22.22 | 38.80 | -8.12 | 12.3 | 1318.93 | -17.97 | 31.09 | 145.32 | -24.93 | 19.57 | 1212.41 | -16.76 | 31.91 |
| 19Q4 (4) | 2.15 | -17.94 | 0.0 | 0.06 | 20.0 | 0.0 | 42.23 | 21.56 | 0.0 | 1607.82 | -17.53 | 0.0 | 193.57 | 9.21 | 0.0 | 1456.49 | -19.4 | 0.0 |
| 19Q3 (3) | 2.62 | 9.17 | 0.0 | 0.05 | 25.0 | 0.0 | 34.74 | -8.48 | 0.0 | 1949.58 | -20.86 | 0.0 | 177.24 | -21.09 | 0.0 | 1807.09 | -20.63 | 0.0 |
| 19Q2 (2) | 2.40 | -8.75 | 0.0 | 0.04 | -55.56 | 0.0 | 37.96 | 9.87 | 0.0 | 2463.43 | 144.84 | 0.0 | 224.61 | 84.8 | 0.0 | 2276.78 | 147.71 | 0.0 |
| 19Q1 (1) | 2.63 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 34.55 | 0.0 | 0.0 | 1006.12 | 0.0 | 0.0 | 121.54 | 0.0 | 0.0 | 919.13 | 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) | 12.20 | 107.13 | 0.04 | -20.0 | 29.93 | -51.7 | 9373.05 | 26.17 | 712.43 | 4.87 | 8690.54 | 27.59 |
| 2022 (9) | 5.89 | -52.69 | 0.05 | -78.26 | 61.97 | 111.36 | 7428.72 | 374.51 | 679.34 | 381.22 | 6811.35 | 368.54 |
| 2021 (8) | 12.45 | 6.23 | 0.23 | -25.81 | 29.32 | -5.84 | 1565.57 | 31.09 | 141.17 | 19.78 | 1453.73 | 31.26 |
| 2020 (7) | 11.72 | 101.03 | 0.31 | 24.0 | 31.14 | -50.23 | 1194.26 | -19.09 | 117.86 | -36.02 | 1107.54 | -18.23 |
| 2019 (6) | 5.83 | -61.57 | 0.25 | -46.81 | 62.57 | 160.06 | 1476.10 | 88.43 | 184.21 | 149.95 | 1354.45 | 84.6 |
| 2018 (5) | 15.17 | -5.6 | 0.47 | 193.75 | 24.06 | 5.94 | 783.37 | -65.27 | 73.70 | -60.51 | 733.73 | -64.92 |
| 2017 (4) | 16.07 | 103.42 | 0.16 | 100.0 | 22.71 | -50.85 | 2255.67 | -52.76 | 186.65 | -72.04 | 2091.74 | -49.65 |
| 2016 (3) | 7.90 | -90.9 | 0.08 | -86.44 | 46.21 | 1000.24 | 4775.40 | 669.56 | 667.59 | 727.35 | 4154.02 | 663.52 |
| 2015 (2) | 86.83 | 606.51 | 0.59 | 5800.0 | 4.20 | -85.86 | 620.54 | -99.04 | 80.69 | -98.59 | 544.06 | -99.07 |
| 2014 (1) | 12.29 | -85.11 | 0.01 | -88.89 | 29.70 | 571.95 | 64313.20 | 1409.78 | 5739.59 | 1226.55 | 58603.30 | 1429.51 |
