- 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) | 8.48 | -7.02 | 107.33 | 4799.32 | 58.58 | 586.74 | 10.73 | 7.52 | -51.73 | 0.02 | -33.33 | -84.62 | 23.17 | 15.27 | -49.31 | -12.42 | -23.09 | 46.81 |
| 23Q3 (19) | 9.12 | 8.06 | 190.45 | 3026.53 | 19.64 | 571.61 | 9.98 | -7.42 | -65.57 | 0.03 | -25.0 | -85.0 | 20.10 | 9.0 | -57.91 | -10.09 | -32.24 | 45.64 |
| 23Q2 (18) | 8.44 | 27.69 | 183.22 | 2529.78 | 94.13 | 995.1 | 10.78 | -21.77 | -64.75 | 0.04 | -42.86 | -89.74 | 18.44 | -33.72 | -67.08 | -7.63 | 45.38 | 69.53 |
| 23Q1 (17) | 6.61 | 61.61 | 69.49 | 1303.13 | 86.47 | 309.84 | 13.78 | -38.01 | -40.88 | 0.07 | -46.15 | -75.86 | 27.82 | -39.14 | -35.81 | -13.97 | 40.17 | 29.23 |
| 22Q4 (16) | 4.09 | 30.25 | -7.05 | 698.86 | 55.08 | -15.47 | 22.23 | -23.32 | 7.6 | 0.13 | -35.0 | 18.18 | 45.71 | -4.27 | 14.48 | -23.35 | -25.81 | -21.87 |
| 22Q3 (15) | 3.14 | 5.37 | 19.39 | 450.64 | 95.07 | 0 | 28.99 | -5.2 | -16.26 | 0.20 | -48.72 | 0 | 47.75 | -14.75 | -19.57 | -18.56 | 25.88 | 25.01 |
| 22Q2 (14) | 2.98 | -23.59 | -19.24 | 231.01 | -27.35 | 0 | 30.58 | 31.19 | 24.11 | 0.39 | 34.48 | 0 | 56.01 | 29.23 | 3.51 | -25.04 | -26.85 | 15.03 |
| 22Q1 (13) | 3.90 | -11.36 | -2.99 | 317.96 | -61.54 | 0 | 23.31 | 12.83 | 2.96 | 0.29 | 163.64 | 0 | 43.34 | 8.54 | -8.43 | -19.74 | -3.03 | 20.05 |
| 21Q4 (12) | 4.40 | 67.3 | -15.38 | 826.76 | 0 | 0 | 20.66 | -40.32 | 18.12 | 0.11 | 0 | 0 | 39.93 | -32.74 | 28.06 | -19.16 | 22.59 | -39.96 |
| 21Q3 (11) | 2.63 | -28.73 | -52.36 | 0.00 | 0 | 0 | 34.62 | 40.5 | 109.95 | 0.00 | 0 | 0 | 59.37 | 9.72 | 60.29 | -24.75 | 16.02 | -20.5 |
| 21Q2 (10) | 3.69 | -8.21 | 329.07 | 0.00 | 0 | 0 | 24.64 | 8.83 | -76.62 | 0.00 | 0 | 0 | 54.11 | 14.32 | -82.68 | -29.47 | -19.36 | 85.76 |
| 21Q1 (9) | 4.02 | -22.69 | -38.25 | 0.00 | 0 | 0 | 22.64 | 29.45 | 61.95 | 0.00 | 0 | 0 | 47.33 | 51.8 | 86.49 | -24.69 | -80.35 | -116.58 |
| 20Q4 (8) | 5.20 | -5.8 | -28.47 | 0.00 | 0 | 0 | 17.49 | 6.06 | 39.7 | 0.00 | 0 | 0 | 31.18 | -15.82 | 17.0 | -13.69 | 33.35 | 3.05 |
| 20Q3 (7) | 5.52 | 541.86 | -19.42 | 0.00 | 0 | 0 | 16.49 | -84.36 | 24.08 | 0.00 | 0 | 0 | 37.04 | -88.14 | 15.89 | -20.54 | 90.08 | -10.02 |
| 20Q2 (6) | 0.86 | -86.79 | -88.15 | 0.00 | 0 | 0 | 105.41 | 654.01 | 740.59 | 0.00 | 0 | 0 | 312.38 | 1130.81 | 959.27 | -206.98 | -1715.61 | -1121.12 |
| 20Q1 (5) | 6.51 | -10.45 | -8.57 | 0.00 | 0 | 0 | 13.98 | 11.66 | 9.48 | 0.00 | 0 | 0 | 25.38 | -4.77 | -1.67 | -11.40 | 19.26 | 12.58 |
| 19Q4 (4) | 7.27 | 6.13 | 0.0 | 0.00 | 0 | 0.0 | 12.52 | -5.79 | 0.0 | 0.00 | 0 | 0.0 | 26.65 | -16.61 | 0.0 | -14.12 | 24.37 | 0.0 |
| 19Q3 (3) | 6.85 | -5.65 | 0.0 | 0.00 | 0 | 0.0 | 13.29 | 5.98 | 0.0 | 0.00 | 0 | 0.0 | 31.96 | 8.38 | 0.0 | -18.67 | -10.15 | 0.0 |
| 19Q2 (2) | 7.26 | 1.97 | 0.0 | 0.00 | 0 | 0.0 | 12.54 | -1.8 | 0.0 | 0.00 | 0 | 0.0 | 29.49 | 14.26 | 0.0 | -16.95 | -29.98 | 0.0 |
| 19Q1 (1) | 7.12 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 12.77 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 25.81 | 0.0 | 0.0 | -13.04 | 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) | 38.85 | 232.62 | 17939.00 | 932.19 | 9.39 | -69.96 | 0.02 | -90.48 | 20.07 | -71.63 | -10.66 | 0 |
| 2022 (9) | 11.68 | 0.95 | 1737.96 | -35.25 | 31.26 | -0.95 | 0.21 | 50.0 | 70.74 | 18.61 | -39.27 | 0 |
| 2021 (8) | 11.57 | -11.14 | 2684.14 | 0 | 31.56 | 12.59 | 0.14 | 0 | 59.64 | 10.14 | -27.95 | 0 |
| 2020 (7) | 13.02 | -61.06 | 0.00 | 0 | 28.03 | 156.68 | 0.00 | 0 | 54.15 | 181.59 | -26.12 | 0 |
| 2019 (6) | 33.44 | 3.69 | 0.00 | 0 | 10.92 | -3.53 | 0.00 | 0 | 19.23 | -9.93 | -8.32 | 0 |
| 2018 (5) | 32.25 | -6.9 | 0.00 | 0 | 11.32 | 7.4 | 0.00 | 0 | 21.35 | -10.22 | -10.03 | 0 |
| 2017 (4) | 34.64 | 16.12 | 0.00 | 0 | 10.54 | -13.89 | 0.00 | 0 | 23.78 | 0.93 | -13.24 | 0 |
| 2016 (3) | 29.83 | 16.16 | 0.00 | 0 | 12.24 | -13.92 | 0.00 | 0 | 23.56 | 19.11 | -11.33 | 0 |
| 2015 (2) | 25.68 | 9.32 | 0.00 | 0 | 14.22 | -8.49 | 0.00 | 0 | 19.78 | -3.98 | -5.56 | 0 |
| 2014 (1) | 23.49 | 2.98 | 0.00 | 0 | 15.54 | -2.88 | 0.00 | 0 | 20.60 | -16.19 | -5.06 | 0 |
