- 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) | 1.23 | -26.79 | -29.31 | 1.05 | -6.25 | 12.9 | 73.85 | 36.41 | 40.83 | 86.40 | 6.4 | -11.42 | 52.28 | 2.51 | 34.4 | 107.96 | 28.01 | -2.81 |
| 23Q3 (19) | 1.68 | 7.01 | 2.44 | 1.12 | 21.74 | 33.33 | 54.14 | -6.56 | -2.34 | 81.20 | -17.78 | -25.25 | 51.00 | 1.76 | -2.8 | 84.34 | -20.86 | -24.43 |
| 23Q2 (18) | 1.57 | 0.64 | -6.55 | 0.92 | 6.98 | 12.2 | 57.94 | -0.79 | 6.88 | 98.76 | -6.19 | -11.02 | 50.12 | 15.48 | -11.32 | 106.57 | -11.4 | -1.95 |
| 23Q1 (17) | 1.56 | -10.34 | -3.11 | 0.86 | -7.53 | 6.17 | 58.40 | 11.37 | 3.02 | 105.28 | 7.94 | -6.82 | 43.40 | 11.57 | -21.03 | 120.28 | 8.28 | 4.86 |
| 22Q4 (16) | 1.74 | 6.1 | 2.96 | 0.93 | 10.71 | 20.78 | 52.44 | -5.41 | -2.69 | 97.54 | -10.21 | -17.1 | 38.90 | -25.86 | -34.95 | 111.08 | -0.47 | -0.6 |
| 22Q3 (15) | 1.64 | -2.38 | -15.03 | 0.84 | 2.44 | -2.33 | 55.44 | 2.27 | 17.38 | 108.63 | -2.13 | 2.08 | 52.47 | -7.17 | -10.32 | 111.60 | 2.68 | 17.3 |
| 22Q2 (14) | 1.68 | 4.35 | -7.69 | 0.82 | 1.23 | -3.53 | 54.21 | -4.37 | 8.7 | 110.99 | -1.76 | 3.99 | 56.52 | 2.84 | -2.79 | 108.69 | -5.25 | 10.4 |
| 22Q1 (13) | 1.61 | -4.73 | -8.52 | 0.81 | 5.19 | -6.9 | 56.69 | 5.2 | 9.61 | 112.98 | -3.98 | 7.7 | 54.96 | -8.09 | 10.43 | 114.71 | 2.65 | 7.35 |
| 21Q4 (12) | 1.69 | -12.44 | -5.06 | 0.77 | -10.47 | -14.44 | 53.89 | 14.1 | 5.65 | 117.66 | 10.56 | 16.63 | 59.80 | 2.2 | 49.28 | 111.75 | 17.46 | -0.07 |
| 21Q3 (11) | 1.93 | 6.04 | 10.92 | 0.86 | 1.18 | 0.0 | 47.23 | -5.29 | -9.73 | 106.42 | -0.29 | 0.9 | 58.51 | 0.64 | 15.11 | 95.14 | -3.36 | -11.04 |
| 21Q2 (10) | 1.82 | 3.41 | 31.88 | 0.85 | -2.3 | 6.25 | 49.87 | -3.58 | -24.29 | 106.73 | 1.74 | -5.93 | 58.14 | 16.82 | -19.23 | 98.45 | -7.87 | -8.3 |
| 21Q1 (9) | 1.76 | -1.12 | 0.57 | 0.87 | -3.33 | -35.56 | 51.72 | 1.39 | -0.35 | 104.90 | 3.98 | 55.15 | 49.77 | 24.24 | 8.08 | 106.86 | -4.44 | 45.47 |
| 20Q4 (8) | 1.78 | 2.3 | -18.35 | 0.90 | 4.65 | -40.79 | 51.01 | -2.5 | 22.41 | 100.88 | -4.35 | 68.5 | 40.06 | -21.19 | -1.79 | 111.83 | 4.56 | 84.11 |
| 20Q3 (7) | 1.74 | 26.09 | -4.92 | 0.86 | 7.5 | -25.22 | 52.32 | -20.57 | 5.42 | 105.47 | -7.04 | 33.85 | 50.83 | -29.38 | -20.54 | 106.95 | -0.38 | 65.92 |
| 20Q2 (6) | 1.38 | -21.14 | -26.6 | 0.80 | -40.74 | -37.5 | 65.87 | 26.92 | 36.29 | 113.46 | 67.82 | 59.31 | 71.98 | 56.31 | 20.79 | 107.36 | 46.15 | 79.05 |
| 20Q1 (5) | 1.75 | -19.72 | 13.64 | 1.35 | -11.18 | 14.41 | 51.90 | 24.55 | -12.26 | 67.61 | 12.93 | -12.19 | 46.05 | 12.9 | -8.34 | 73.46 | 20.94 | -14.49 |
| 19Q4 (4) | 2.18 | 19.13 | 0.0 | 1.52 | 32.17 | 0.0 | 41.67 | -16.04 | 0.0 | 59.87 | -24.02 | 0.0 | 40.79 | -36.24 | 0.0 | 60.74 | -5.77 | 0.0 |
| 19Q3 (3) | 1.83 | -2.66 | 0.0 | 1.15 | -10.16 | 0.0 | 49.63 | 2.69 | 0.0 | 78.80 | 10.64 | 0.0 | 63.97 | 7.35 | 0.0 | 64.46 | 7.51 | 0.0 |
| 19Q2 (2) | 1.88 | 22.08 | 0.0 | 1.28 | 8.47 | 0.0 | 48.33 | -18.29 | 0.0 | 71.22 | -7.51 | 0.0 | 59.59 | 18.61 | 0.0 | 59.96 | -30.21 | 0.0 |
| 19Q1 (1) | 1.54 | 0.0 | 0.0 | 1.18 | 0.0 | 0.0 | 59.15 | 0.0 | 0.0 | 77.00 | 0.0 | 0.0 | 50.24 | 0.0 | 0.0 | 85.91 | 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) | 5.72 | -16.86 | 4.00 | 10.19 | 63.84 | 20.32 | 91.24 | -9.21 | 34.02 | -12.54 | 121.06 | 5.58 |
| 2022 (9) | 6.88 | 9.21 | 3.63 | 13.79 | 53.06 | -8.36 | 100.50 | -12.19 | 38.90 | -19.96 | 114.66 | -7.35 |
| 2021 (8) | 6.30 | 4.13 | 3.19 | -20.45 | 57.90 | -4.01 | 114.45 | 25.87 | 48.60 | 6.81 | 123.75 | 17.03 |
| 2020 (7) | 6.05 | -11.16 | 4.01 | -24.91 | 60.32 | 12.52 | 90.93 | 32.98 | 45.50 | 14.04 | 105.74 | 28.81 |
| 2019 (6) | 6.81 | 4.45 | 5.34 | 4.71 | 53.61 | -4.27 | 68.38 | -4.5 | 39.90 | 21.57 | 82.09 | -13.39 |
| 2018 (5) | 6.52 | -12.48 | 5.10 | -3.41 | 56.00 | 14.38 | 71.60 | 3.66 | 32.82 | 15.24 | 94.78 | 5.84 |
| 2017 (4) | 7.45 | -5.1 | 5.28 | -11.11 | 48.96 | 5.31 | 69.07 | 12.4 | 28.48 | -24.03 | 89.55 | 27.11 |
| 2016 (3) | 7.85 | 5.51 | 5.94 | -6.01 | 46.49 | -5.24 | 61.45 | 6.31 | 37.49 | -11.87 | 70.45 | 9.53 |
| 2015 (2) | 7.44 | -15.84 | 6.32 | -8.93 | 49.06 | 18.76 | 57.80 | 9.93 | 42.54 | 46.84 | 64.32 | -0.94 |
| 2014 (1) | 8.84 | -11.95 | 6.94 | -8.2 | 41.31 | 13.58 | 52.58 | 8.97 | 28.97 | 4.43 | 64.93 | 14.15 |
