- 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) | 0.75 | -17.58 | 2.74 | 1.93 | -7.21 | -4.93 | 121.46 | 20.84 | -1.99 | 47.12 | 7.8 | 5.32 | 99.36 | 1.04 | -7.61 | 69.22 | 50.87 | 13.25 |
| 23Q3 (19) | 0.91 | 7.06 | 46.77 | 2.08 | 13.04 | -1.89 | 100.51 | -5.72 | -31.47 | 43.71 | -11.37 | 2.03 | 98.34 | -15.16 | -10.7 | 45.88 | 14.64 | -42.2 |
| 23Q2 (18) | 0.85 | -2.3 | 23.19 | 1.84 | -12.8 | -13.62 | 106.61 | 1.81 | -19.02 | 49.32 | 14.56 | 15.29 | 115.91 | 21.56 | -8.6 | 40.02 | -23.64 | -15.94 |
| 23Q1 (17) | 0.87 | 19.18 | 19.18 | 2.11 | 3.94 | -4.95 | 104.71 | -15.5 | -16.11 | 43.05 | -3.78 | 4.97 | 95.35 | -11.34 | -29.02 | 52.41 | -14.25 | 66.43 |
| 22Q4 (16) | 0.73 | 17.74 | 2.82 | 2.03 | -4.25 | -18.8 | 123.92 | -15.51 | -3.44 | 44.74 | 4.44 | 23.12 | 107.54 | -2.34 | -14.87 | 61.12 | -23.0 | 59.42 |
| 22Q3 (15) | 0.62 | -10.14 | -6.06 | 2.12 | -0.47 | -0.93 | 146.66 | 11.4 | 7.0 | 42.84 | 0.14 | 0.87 | 110.12 | -13.17 | -17.89 | 79.38 | 66.73 | 74.81 |
| 22Q2 (14) | 0.69 | -5.48 | 11.29 | 2.13 | -4.05 | 8.12 | 131.65 | 5.47 | -10.47 | 42.78 | 4.32 | -7.48 | 126.82 | -5.59 | -0.92 | 47.61 | 51.19 | -27.07 |
| 22Q1 (13) | 0.73 | 2.82 | -15.12 | 2.22 | -11.2 | -36.57 | 124.82 | -2.74 | 18.56 | 41.01 | 12.85 | 57.73 | 134.33 | 6.33 | 79.23 | 31.49 | -17.87 | -44.1 |
| 21Q4 (12) | 0.71 | 7.58 | -12.35 | 2.50 | 16.82 | -20.63 | 128.33 | -6.37 | 14.39 | 36.34 | -14.43 | 25.66 | 126.33 | -5.81 | 59.69 | 38.34 | -15.57 | -38.17 |
| 21Q3 (11) | 0.66 | 6.45 | -15.38 | 2.14 | 8.63 | -35.35 | 137.06 | -6.79 | 18.2 | 42.47 | -8.15 | 54.38 | 134.12 | 4.78 | 78.76 | 45.41 | -30.44 | -33.65 |
| 21Q2 (10) | 0.62 | -27.91 | -33.33 | 1.97 | -43.71 | -37.06 | 147.04 | 39.67 | 49.9 | 46.24 | 77.85 | 59.12 | 128.00 | 70.78 | 87.27 | 65.28 | 15.89 | 11.02 |
| 21Q1 (9) | 0.86 | 6.17 | 17.81 | 3.50 | 11.11 | 55.56 | 105.28 | -6.16 | -15.47 | 26.00 | -10.1 | -35.83 | 74.95 | -5.26 | -15.46 | 56.33 | -9.16 | -26.28 |
| 20Q4 (8) | 0.81 | 3.85 | -10.0 | 3.15 | -4.83 | 2.27 | 112.19 | -3.25 | 10.96 | 28.92 | 5.13 | -2.23 | 79.11 | 5.44 | 9.63 | 62.01 | -9.4 | 5.93 |
| 20Q3 (7) | 0.78 | -16.13 | -18.75 | 3.31 | 5.75 | 10.33 | 115.96 | 18.22 | 22.0 | 27.51 | -5.33 | -9.39 | 75.03 | 9.77 | 0.66 | 68.44 | 16.39 | 34.54 |
| 20Q2 (6) | 0.93 | 27.4 | 3.33 | 3.13 | 39.11 | 3.99 | 98.09 | -21.24 | -2.71 | 29.06 | -28.28 | -4.0 | 68.35 | -22.91 | -16.01 | 58.80 | -23.05 | 18.29 |
| 20Q1 (5) | 0.73 | -18.89 | 10.61 | 2.25 | -26.95 | -8.91 | 124.55 | 23.18 | -9.38 | 40.52 | 36.98 | 9.78 | 88.66 | 22.87 | -21.89 | 76.41 | 30.53 | 25.57 |
| 19Q4 (4) | 0.90 | -6.25 | 0.0 | 3.08 | 2.67 | 0.0 | 101.11 | 6.38 | 0.0 | 29.58 | -2.57 | 0.0 | 72.16 | -3.19 | 0.0 | 58.54 | 15.08 | 0.0 |
| 19Q3 (3) | 0.96 | 6.67 | 0.0 | 3.00 | -0.33 | 0.0 | 95.05 | -5.72 | 0.0 | 30.36 | 0.3 | 0.0 | 74.54 | -8.41 | 0.0 | 50.87 | 2.33 | 0.0 |
| 19Q2 (2) | 0.90 | 36.36 | 0.0 | 3.01 | 21.86 | 0.0 | 100.82 | -26.64 | 0.0 | 30.27 | -17.99 | 0.0 | 81.38 | -28.3 | 0.0 | 49.71 | -18.31 | 0.0 |
| 19Q1 (1) | 0.66 | 0.0 | 0.0 | 2.47 | 0.0 | 0.0 | 137.44 | 0.0 | 0.0 | 36.91 | 0.0 | 0.0 | 113.50 | 0.0 | 0.0 | 60.85 | 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) | 3.72 | 33.81 | 9.28 | 6.3 | 98.20 | -25.15 | 39.31 | -5.96 | 80.36 | -31.3 | 57.16 | 2.02 |
| 2022 (9) | 2.78 | -7.02 | 8.73 | -21.14 | 131.20 | 7.44 | 41.80 | 26.78 | 116.97 | 15.75 | 56.03 | 3.7 |
| 2021 (8) | 2.99 | -13.58 | 11.07 | -18.72 | 122.11 | 15.83 | 32.97 | 23.07 | 101.05 | 38.46 | 54.03 | -8.79 |
| 2020 (7) | 3.46 | 22.7 | 13.62 | 37.16 | 105.42 | -18.42 | 26.79 | -27.1 | 72.98 | -30.9 | 59.24 | -1.86 |
| 2019 (6) | 2.82 | 1.08 | 9.93 | -2.07 | 129.23 | -1.31 | 36.75 | 2.05 | 105.62 | -9.17 | 60.36 | 19.1 |
| 2018 (5) | 2.79 | -6.69 | 10.14 | -7.31 | 130.95 | 7.32 | 36.01 | 7.94 | 116.28 | 4.09 | 50.68 | 16.05 |
| 2017 (4) | 2.99 | -8.84 | 10.94 | -20.15 | 122.02 | 9.51 | 33.36 | 25.23 | 111.71 | 17.94 | 43.67 | 0.76 |
| 2016 (3) | 3.28 | 8.61 | 13.70 | 2.32 | 111.42 | -7.85 | 26.64 | -2.27 | 94.72 | -14.4 | 43.34 | 15.51 |
| 2015 (2) | 3.02 | -12.72 | 13.39 | -10.31 | 120.91 | 14.65 | 27.26 | 11.54 | 110.65 | 3.57 | 37.52 | 62.71 |
| 2014 (1) | 3.46 | -16.22 | 14.93 | 1.91 | 105.46 | 19.45 | 24.44 | -1.93 | 106.84 | 4.78 | 23.06 | 105.16 |
