- 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) | 19.95 | 46.26 | -47.5 | 0.01 | 0.0 | 0.0 | 4.56 | -31.63 | 90.79 | 8673.81 | 35.05 | -19.88 | 74.59 | 61.66 | 8.56 | 8603.77 | 34.79 | -20.04 |
| 23Q3 (19) | 13.64 | 78.77 | -7.27 | 0.01 | 0.0 | 0.0 | 6.67 | -44.09 | 7.75 | 6422.48 | -46.62 | -45.84 | 46.14 | -46.71 | -59.95 | 6383.01 | -46.62 | -45.67 |
| 23Q2 (18) | 7.63 | -33.3 | -72.22 | 0.01 | 0.0 | 0.0 | 11.93 | 49.87 | 260.42 | 12031.40 | -27.39 | 63.25 | 86.59 | -19.24 | -40.36 | 11956.80 | -27.4 | 65.42 |
| 23Q1 (17) | 11.44 | -69.89 | 15.21 | 0.01 | 0.0 | -50.0 | 7.96 | 233.05 | -13.2 | 16569.50 | 53.05 | 201.95 | 107.22 | 56.05 | -25.18 | 16470.20 | 53.07 | 207.66 |
| 22Q4 (16) | 38.00 | 158.33 | 98.64 | 0.01 | 0.0 | -75.0 | 2.39 | -61.39 | -49.79 | 10826.40 | -8.69 | 359.61 | 68.71 | -40.37 | -45.51 | 10760.10 | -8.41 | 381.6 |
| 22Q3 (15) | 14.71 | -46.45 | 30.76 | 0.01 | 0.0 | -50.0 | 6.19 | 87.01 | -23.49 | 11857.30 | 60.88 | 136.01 | 115.22 | -20.64 | -74.39 | 11748.20 | 62.53 | 156.38 |
| 22Q2 (14) | 27.47 | 176.64 | 82.4 | 0.01 | -50.0 | -75.0 | 3.31 | -63.9 | -45.2 | 7370.11 | 34.31 | 237.52 | 145.18 | 1.3 | 4.85 | 7228.25 | 35.02 | 252.39 |
| 22Q1 (13) | 9.93 | -48.09 | 3.65 | 0.02 | -50.0 | -33.33 | 9.17 | 92.65 | -3.47 | 5487.48 | 132.96 | 73.87 | 143.31 | 13.65 | 48.65 | 5353.35 | 139.61 | 74.42 |
| 21Q4 (12) | 19.13 | 70.04 | -2.15 | 0.04 | 100.0 | -20.0 | 4.76 | -41.16 | 2.37 | 2355.57 | -53.12 | 29.65 | 126.10 | -71.97 | 120.26 | 2234.23 | -51.24 | 26.64 |
| 21Q3 (11) | 11.25 | -25.3 | -45.23 | 0.02 | -50.0 | -60.0 | 8.09 | 33.94 | 82.62 | 5024.15 | 130.09 | 199.69 | 449.91 | 224.94 | 748.73 | 4582.33 | 123.4 | 181.49 |
| 21Q2 (10) | 15.06 | 57.2 | -23.48 | 0.04 | 33.33 | -20.0 | 6.04 | -36.42 | 30.74 | 2183.60 | -30.81 | 10.98 | 138.46 | 43.62 | 78.36 | 2051.18 | -33.17 | 8.27 |
| 21Q1 (9) | 9.58 | -51.0 | -48.3 | 0.03 | -40.0 | 0.0 | 9.50 | 104.3 | 93.48 | 3156.17 | 73.71 | 9.92 | 96.41 | 68.4 | -26.51 | 3069.26 | 73.97 | 11.81 |
| 20Q4 (8) | 19.55 | -4.82 | 18.27 | 0.05 | 0.0 | 25.0 | 4.65 | 4.97 | -15.45 | 1816.88 | 8.38 | -19.08 | 57.25 | 8.0 | -52.8 | 1764.28 | 8.38 | -17.15 |
| 20Q3 (7) | 20.54 | 4.37 | 101.57 | 0.05 | 0.0 | 66.67 | 4.43 | -4.11 | -50.39 | 1676.46 | -14.79 | -52.66 | 53.01 | -31.71 | -72.74 | 1627.88 | -14.07 | -51.49 |
| 20Q2 (6) | 19.68 | 6.21 | 49.54 | 0.05 | 66.67 | 150.0 | 4.62 | -5.91 | -33.14 | 1967.52 | -31.48 | -49.13 | 77.63 | -40.83 | -61.33 | 1894.52 | -30.98 | -48.43 |
| 20Q1 (5) | 18.53 | 12.1 | -28.43 | 0.03 | -25.0 | 200.0 | 4.91 | -10.73 | 39.49 | 2871.36 | 27.89 | -56.47 | 131.19 | 8.15 | -58.49 | 2745.08 | 28.92 | -56.31 |
| 19Q4 (4) | 16.53 | 62.22 | 0.0 | 0.04 | 33.33 | 0.0 | 5.50 | -38.41 | 0.0 | 2245.16 | -36.6 | 0.0 | 121.30 | -37.62 | 0.0 | 2129.37 | -36.55 | 0.0 |
| 19Q3 (3) | 10.19 | -22.57 | 0.0 | 0.03 | 50.0 | 0.0 | 8.93 | 29.23 | 0.0 | 3541.33 | -8.44 | 0.0 | 194.46 | -3.12 | 0.0 | 3355.80 | -8.66 | 0.0 |
| 19Q2 (2) | 13.16 | -49.17 | 0.0 | 0.02 | 100.0 | 0.0 | 6.91 | 96.31 | 0.0 | 3867.60 | -41.36 | 0.0 | 200.73 | -36.49 | 0.0 | 3673.78 | -41.53 | 0.0 |
| 19Q1 (1) | 25.89 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 3.52 | 0.0 | 0.0 | 6596.03 | 0.0 | 0.0 | 316.05 | 0.0 | 0.0 | 6283.49 | 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) | 102.18 | 188.64 | 0.04 | 0.0 | 3.57 | -65.37 | 9647.74 | 17.74 | 73.00 | -40.25 | 9578.31 | 18.51 |
| 2022 (9) | 35.40 | -16.29 | 0.04 | -69.23 | 10.31 | 19.47 | 8194.31 | 193.76 | 122.18 | 47.03 | 8082.44 | 197.7 |
| 2021 (8) | 42.29 | -36.88 | 0.13 | -27.78 | 8.63 | 58.35 | 2789.45 | 38.21 | 83.10 | -1.67 | 2714.98 | 40.01 |
| 2020 (7) | 67.00 | -31.72 | 0.18 | 80.0 | 5.45 | 46.51 | 2018.20 | -41.95 | 84.51 | -45.39 | 1939.14 | -41.69 |
| 2019 (6) | 98.12 | -57.73 | 0.10 | 42.86 | 3.72 | 136.94 | 3476.40 | -34.24 | 154.75 | -30.94 | 3325.37 | -34.33 |
| 2018 (5) | 232.15 | 14.1 | 0.07 | -22.22 | 1.57 | -12.29 | 5286.13 | 25.65 | 224.08 | 7.03 | 5063.62 | 26.6 |
| 2017 (4) | 203.47 | 48.92 | 0.09 | 80.0 | 1.79 | -32.96 | 4207.19 | -43.5 | 209.37 | -54.25 | 3999.62 | -42.79 |
| 2016 (3) | 136.63 | 36.29 | 0.05 | 66.67 | 2.67 | -26.65 | 7446.14 | -30.46 | 457.67 | -36.87 | 6991.14 | -29.99 |
| 2015 (2) | 100.25 | -62.93 | 0.03 | -57.14 | 3.64 | 169.63 | 10707.70 | 91.7 | 724.94 | 96.38 | 9986.43 | 91.39 |
| 2014 (1) | 270.40 | 6.72 | 0.07 | -41.67 | 1.35 | -6.25 | 5585.75 | 86.97 | 369.16 | 69.21 | 5217.94 | 88.32 |
