- 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) | 3.53 | 18.46 | 6.01 | 0.67 | 31.37 | 39.58 | 25.78 | -15.64 | -5.74 | 135.96 | -23.52 | -28.4 | 47.85 | -16.26 | 23.61 | 113.89 | -24.67 | -36.21 |
| 23Q3 (19) | 2.98 | -21.37 | -27.85 | 0.51 | 4.08 | 41.67 | 30.56 | 27.39 | 38.66 | 177.77 | -4.13 | -29.7 | 57.14 | 7.41 | 46.74 | 151.18 | -3.23 | -35.93 |
| 23Q2 (18) | 3.79 | -23.59 | -4.77 | 0.49 | 36.11 | -9.26 | 23.99 | 30.81 | 4.99 | 185.43 | -26.92 | 9.13 | 53.20 | -21.28 | 105.41 | 156.22 | -23.61 | -6.38 |
| 23Q1 (17) | 4.96 | 48.95 | 34.42 | 0.36 | -25.0 | -7.69 | 18.34 | -32.94 | -25.57 | 253.73 | 33.62 | 9.47 | 67.58 | 74.58 | 86.84 | 204.50 | 14.54 | -7.16 |
| 22Q4 (16) | 3.33 | -19.37 | -9.02 | 0.48 | 33.33 | 269.23 | 27.35 | 24.09 | 10.06 | 189.89 | -24.91 | -72.62 | 38.71 | -0.59 | -73.12 | 178.54 | -24.34 | -68.92 |
| 22Q3 (15) | 4.13 | 3.77 | 2.23 | 0.36 | -33.33 | -26.53 | 22.04 | -3.54 | -2.09 | 252.87 | 48.82 | 37.35 | 38.94 | 50.35 | -8.38 | 235.97 | 41.41 | 43.78 |
| 22Q2 (14) | 3.98 | 7.86 | -28.16 | 0.54 | 38.46 | 17.39 | 22.85 | -7.26 | 38.99 | 169.92 | -26.69 | -13.82 | 25.90 | -28.39 | -44.06 | 166.87 | -24.24 | -0.26 |
| 22Q1 (13) | 3.69 | 0.82 | -41.61 | 0.39 | 200.0 | 5.41 | 24.64 | -0.85 | 70.99 | 231.79 | -66.58 | -6.49 | 36.17 | -74.89 | -42.22 | 220.26 | -61.66 | 10.3 |
| 21Q4 (12) | 3.66 | -9.41 | -29.75 | 0.13 | -73.47 | -72.92 | 24.85 | 10.4 | 42.24 | 693.61 | 276.74 | 269.37 | 144.03 | 238.89 | 240.74 | 574.42 | 250.0 | 252.43 |
| 21Q3 (11) | 4.04 | -27.08 | -15.48 | 0.49 | 6.52 | 58.06 | 22.51 | 36.92 | 18.16 | 184.11 | -6.62 | -37.1 | 42.50 | -8.21 | -36.67 | 164.12 | -1.91 | -32.91 |
| 21Q2 (10) | 5.54 | -12.34 | 179.8 | 0.46 | 24.32 | 91.67 | 16.44 | 14.09 | -64.21 | 197.17 | -20.46 | -48.21 | 46.30 | -26.04 | -58.82 | 167.31 | -16.22 | -46.75 |
| 21Q1 (9) | 6.32 | 21.31 | 117.93 | 0.37 | -22.92 | -15.91 | 14.41 | -17.52 | -54.05 | 247.89 | 32.01 | 19.09 | 62.60 | 48.1 | -27.12 | 199.70 | 22.52 | 30.01 |
| 20Q4 (8) | 5.21 | 9.0 | 48.43 | 0.48 | 54.84 | 2.13 | 17.47 | -8.29 | -32.68 | 187.78 | -35.85 | -2.87 | 42.27 | -37.01 | -41.27 | 162.99 | -33.38 | 10.64 |
| 20Q3 (7) | 4.78 | 141.41 | 3.24 | 0.31 | 29.17 | -27.91 | 19.05 | -58.52 | -3.15 | 292.70 | -23.11 | 37.1 | 67.11 | -40.3 | 25.32 | 244.64 | -22.14 | 36.21 |
| 20Q2 (6) | 1.98 | -31.72 | -55.1 | 0.24 | -45.45 | -38.46 | 45.93 | 46.46 | 122.31 | 380.68 | 82.89 | 63.45 | 112.42 | 30.87 | 133.33 | 314.19 | 104.55 | 52.99 |
| 20Q1 (5) | 2.90 | -17.38 | -26.4 | 0.44 | -6.38 | 33.33 | 31.36 | 20.85 | 35.88 | 208.15 | 7.67 | -24.27 | 85.90 | 19.36 | 45.17 | 153.60 | 4.27 | -35.66 |
| 19Q4 (4) | 3.51 | -24.19 | 0.0 | 0.47 | 9.3 | 0.0 | 25.95 | 31.93 | 0.0 | 193.32 | -9.45 | 0.0 | 71.97 | 34.4 | 0.0 | 147.31 | -17.98 | 0.0 |
| 19Q3 (3) | 4.63 | 4.99 | 0.0 | 0.43 | 10.26 | 0.0 | 19.67 | -4.79 | 0.0 | 213.49 | -8.33 | 0.0 | 53.55 | 11.15 | 0.0 | 179.61 | -12.54 | 0.0 |
| 19Q2 (2) | 4.41 | 11.93 | 0.0 | 0.39 | 18.18 | 0.0 | 20.66 | -10.49 | 0.0 | 232.90 | -15.26 | 0.0 | 48.18 | -18.57 | 0.0 | 205.37 | -13.98 | 0.0 |
| 19Q1 (1) | 3.94 | 0.0 | 0.0 | 0.33 | 0.0 | 0.0 | 23.08 | 0.0 | 0.0 | 274.84 | 0.0 | 0.0 | 59.17 | 0.0 | 0.0 | 238.74 | 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) | 25.20 | 5.44 | 2.21 | 33.94 | 14.48 | -5.24 | 165.09 | -25.42 | 49.92 | 6.39 | 129.65 | -31.66 |
| 2022 (9) | 23.90 | 5.01 | 1.65 | 33.06 | 15.28 | -4.74 | 221.37 | -24.94 | 46.92 | -21.02 | 189.72 | -24.58 |
| 2021 (8) | 22.76 | 88.1 | 1.24 | -20.51 | 16.04 | -46.82 | 294.93 | 26.15 | 59.41 | -33.13 | 251.55 | 43.65 |
| 2020 (7) | 12.10 | -24.66 | 1.56 | -1.89 | 30.16 | 32.75 | 233.80 | 2.08 | 88.85 | 18.77 | 175.11 | -1.04 |
| 2019 (6) | 16.06 | 5.04 | 1.59 | 28.23 | 22.72 | -4.82 | 229.04 | -22.29 | 74.81 | 74.87 | 176.95 | -35.85 |
| 2018 (5) | 15.29 | 51.54 | 1.24 | 14.81 | 23.87 | -34.04 | 294.74 | -12.87 | 42.78 | -8.77 | 275.84 | -15.79 |
| 2017 (4) | 10.09 | -24.31 | 1.08 | -22.86 | 36.19 | 32.23 | 338.26 | 29.61 | 46.89 | -12.99 | 327.56 | 39.71 |
| 2016 (3) | 13.33 | 26.71 | 1.40 | 12.0 | 27.37 | -21.08 | 260.98 | -10.88 | 53.89 | -12.56 | 234.46 | -11.82 |
| 2015 (2) | 10.52 | -24.75 | 1.25 | -35.23 | 34.68 | 32.82 | 292.85 | 55.11 | 61.63 | 57.14 | 265.90 | 51.35 |
| 2014 (1) | 13.98 | -10.1 | 1.93 | 0.52 | 26.11 | 11.25 | 188.80 | -0.88 | 39.22 | -7.11 | 175.69 | 2.3 |
