- 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) | 1.20 | -29.82 | 135.29 | 0.21 | 10.53 | -68.66 | 75.71 | 42.42 | -57.55 | 443.76 | -5.21 | 227.38 | 64.14 | 22.5 | 121.1 | 455.32 | -2.9 | 59.82 |
| 23Q3 (19) | 1.71 | 42.5 | 297.67 | 0.19 | 72.73 | 90.0 | 53.16 | -29.64 | -74.94 | 468.14 | -42.21 | -46.62 | 52.36 | -53.43 | -70.98 | 468.94 | -39.35 | -48.4 |
| 23Q2 (18) | 1.20 | 93.55 | 140.0 | 0.11 | -8.33 | -26.67 | 75.55 | -48.8 | -58.1 | 810.10 | 10.06 | 33.65 | 112.44 | -28.93 | -16.89 | 773.20 | 6.59 | 18.75 |
| 23Q1 (17) | 0.62 | 21.57 | -48.76 | 0.12 | -82.09 | -57.14 | 147.57 | -17.27 | 96.52 | 736.02 | 442.99 | 123.86 | 158.21 | 445.36 | 127.18 | 725.38 | 154.61 | 117.03 |
| 22Q4 (16) | 0.51 | 18.6 | -87.62 | 0.67 | 570.0 | -16.25 | 178.37 | -15.92 | 706.74 | 135.55 | -84.54 | 18.95 | 29.01 | -83.92 | 30.56 | 284.90 | -68.65 | 150.24 |
| 22Q3 (15) | 0.43 | -14.0 | -88.22 | 0.10 | -33.33 | -79.17 | 212.15 | 17.67 | 750.64 | 877.05 | 44.7 | 358.16 | 180.43 | 33.37 | 497.85 | 908.77 | 39.57 | 388.09 |
| 22Q2 (14) | 0.50 | -58.68 | -54.95 | 0.15 | -46.43 | 0.0 | 180.30 | 140.11 | 120.04 | 606.13 | 84.36 | 2.19 | 135.29 | 94.27 | 21.16 | 651.14 | 94.82 | 15.57 |
| 22Q1 (13) | 1.21 | -70.63 | 0.0 | 0.28 | -65.0 | -6.67 | 75.09 | 239.62 | -0.56 | 328.78 | 188.5 | 9.54 | 69.64 | 213.41 | -32.07 | 334.23 | 193.57 | 22.36 |
| 21Q4 (12) | 4.12 | 12.88 | 186.11 | 0.80 | 66.67 | 166.67 | 22.11 | -11.35 | -64.89 | 113.96 | -40.47 | -62.34 | 22.22 | -26.38 | -82.26 | 113.85 | -38.85 | -52.63 |
| 21Q3 (11) | 3.65 | 228.83 | 168.38 | 0.48 | 220.0 | 26.32 | 24.94 | -69.56 | -62.83 | 191.43 | -67.73 | -20.71 | 30.18 | -72.97 | -75.74 | 186.19 | -66.95 | 1.13 |
| 21Q2 (10) | 1.11 | -8.26 | -6.72 | 0.15 | -50.0 | -70.59 | 81.94 | 8.52 | 7.53 | 593.13 | 97.61 | 233.09 | 111.66 | 8.93 | 9.67 | 563.42 | 106.27 | 269.55 |
| 21Q1 (9) | 1.21 | -15.97 | 27.37 | 0.30 | 0.0 | -54.55 | 75.51 | 19.9 | -20.87 | 300.15 | -0.81 | 116.08 | 102.51 | -18.15 | 4.91 | 273.15 | 13.65 | 99.9 |
| 20Q4 (8) | 1.44 | 5.88 | 11.63 | 0.30 | -21.05 | -47.37 | 62.98 | -6.14 | -11.01 | 302.61 | 25.35 | 90.72 | 125.24 | 0.68 | 10.56 | 240.35 | 30.55 | 106.91 |
| 20Q3 (7) | 1.36 | 14.29 | 37.37 | 0.38 | -25.49 | -33.33 | 67.10 | -11.94 | -26.91 | 241.42 | 35.58 | 50.63 | 124.40 | 22.19 | 32.98 | 184.11 | 20.76 | 16.14 |
| 20Q2 (6) | 1.19 | 25.26 | -24.2 | 0.51 | -22.73 | -20.31 | 76.20 | -20.15 | 31.42 | 178.07 | 28.19 | 25.05 | 101.81 | 4.2 | 45.21 | 152.46 | 11.58 | 17.03 |
| 20Q1 (5) | 0.95 | -26.36 | -13.64 | 0.66 | 15.79 | 20.0 | 95.43 | 34.85 | 15.05 | 138.91 | -12.45 | -16.07 | 97.71 | -13.74 | 27.91 | 136.64 | 17.63 | -20.59 |
| 19Q4 (4) | 1.29 | 30.3 | 0.0 | 0.57 | 0.0 | 0.0 | 70.77 | -22.92 | 0.0 | 158.67 | -1.0 | 0.0 | 113.28 | 21.09 | 0.0 | 116.16 | -26.73 | 0.0 |
| 19Q3 (3) | 0.99 | -36.94 | 0.0 | 0.57 | -10.94 | 0.0 | 91.81 | 58.35 | 0.0 | 160.27 | 12.55 | 0.0 | 93.55 | 33.43 | 0.0 | 158.53 | 21.69 | 0.0 |
| 19Q2 (2) | 1.57 | 42.73 | 0.0 | 0.64 | 16.36 | 0.0 | 57.98 | -30.1 | 0.0 | 142.40 | -13.96 | 0.0 | 70.11 | -8.22 | 0.0 | 130.27 | -24.29 | 0.0 |
| 19Q1 (1) | 1.10 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 82.95 | 0.0 | 0.0 | 165.50 | 0.0 | 0.0 | 76.39 | 0.0 | 0.0 | 172.06 | 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) | 3.22 | 28.29 | 0.87 | -35.07 | 113.22 | -22.21 | 418.61 | 53.68 | 103.87 | 57.98 | 427.95 | 21.52 |
| 2022 (9) | 2.51 | -80.81 | 1.34 | -47.45 | 145.54 | 421.65 | 272.39 | 90.11 | 65.75 | 80.29 | 352.17 | 161.43 |
| 2021 (8) | 13.08 | 216.71 | 2.55 | 66.67 | 27.90 | -68.47 | 143.28 | -39.75 | 36.47 | -67.7 | 134.71 | -36.87 |
| 2020 (7) | 4.13 | -8.83 | 1.53 | -31.39 | 88.48 | 9.83 | 237.82 | 45.06 | 112.91 | 8.46 | 213.38 | 51.97 |
| 2019 (6) | 4.53 | 5.35 | 2.23 | 4.69 | 80.56 | -5.2 | 163.95 | -4.27 | 104.10 | 8.12 | 140.41 | -12.23 |
| 2018 (5) | 4.30 | -22.52 | 2.13 | -8.19 | 84.98 | 29.29 | 171.27 | 8.64 | 96.28 | 14.31 | 159.97 | 14.96 |
| 2017 (4) | 5.55 | 4.13 | 2.32 | -1.69 | 65.73 | -3.97 | 157.65 | 1.78 | 84.23 | 15.32 | 139.15 | -7.41 |
| 2016 (3) | 5.33 | 17.4 | 2.36 | -0.42 | 68.45 | -14.86 | 154.89 | 0.77 | 73.04 | -15.45 | 150.29 | 1.74 |
| 2015 (2) | 4.54 | -48.23 | 2.37 | -49.57 | 80.40 | 93.27 | 153.71 | 98.13 | 86.39 | 87.36 | 147.72 | 102.16 |
| 2014 (1) | 8.77 | 347.45 | 4.70 | 191.93 | 41.60 | -77.64 | 77.58 | -65.86 | 46.11 | -56.43 | 73.07 | -76.24 |
