- 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) | 47.79 | 139.43 | 11847.5 | 0.11 | -54.17 | 1000.0 | 1.90 | -58.33 | -99.17 | 804.34 | 111.83 | -87.17 | 70.83 | 101.34 | -85.98 | 735.42 | 110.66 | -87.72 |
| 23Q3 (19) | 19.96 | 572.05 | 653.21 | 0.24 | 300.0 | 200.0 | 4.56 | -85.13 | -86.73 | 379.71 | -75.49 | -65.03 | 35.18 | -74.78 | -60.35 | 349.10 | -75.77 | -66.15 |
| 23Q2 (18) | 2.97 | -64.85 | -33.85 | 0.06 | -64.71 | -64.71 | 30.67 | 184.77 | 51.46 | 1549.52 | 194.05 | 186.37 | 139.47 | 223.22 | 184.92 | 1440.73 | 191.3 | 181.18 |
| 23Q1 (17) | 8.45 | 2012.5 | 177.96 | 0.17 | 1600.0 | 54.55 | 10.77 | -95.27 | -63.99 | 526.96 | -91.59 | -38.06 | 43.15 | -91.46 | -43.68 | 494.58 | -91.74 | -38.5 |
| 22Q4 (16) | 0.40 | -84.91 | -77.78 | 0.01 | -87.5 | -85.71 | 227.73 | 562.58 | 350.06 | 6268.30 | 477.34 | 369.88 | 505.10 | 469.26 | 293.78 | 5990.93 | 480.87 | 376.85 |
| 22Q3 (15) | 2.65 | -40.98 | 21.0 | 0.08 | -52.94 | -33.33 | 34.37 | 69.73 | -17.26 | 1085.73 | 100.66 | 45.6 | 88.73 | 81.27 | 3.79 | 1031.37 | 101.29 | 46.97 |
| 22Q2 (14) | 4.49 | 47.7 | 51.69 | 0.17 | 54.55 | 0.0 | 20.25 | -32.3 | -34.12 | 541.09 | -36.4 | 3.55 | 48.95 | -36.1 | -28.15 | 512.39 | -36.28 | 5.62 |
| 22Q1 (13) | 3.04 | 68.89 | 18.29 | 0.11 | 57.14 | -42.11 | 29.91 | -40.89 | -15.48 | 850.82 | -36.22 | 73.42 | 76.61 | -40.27 | 7.03 | 804.13 | -35.99 | 76.96 |
| 21Q4 (12) | 1.80 | -17.81 | -4.76 | 0.07 | -41.67 | -63.16 | 50.60 | 21.81 | 4.89 | 1334.02 | 78.9 | 181.37 | 128.27 | 50.04 | 49.88 | 1256.35 | 79.03 | 187.64 |
| 21Q3 (11) | 2.19 | -26.01 | 58.7 | 0.12 | -29.41 | -14.29 | 41.54 | 35.13 | -37.21 | 745.69 | 42.71 | 11.9 | 85.49 | 25.48 | -36.46 | 701.74 | 44.65 | 17.35 |
| 21Q2 (10) | 2.96 | 15.18 | 10.86 | 0.17 | -10.53 | -37.04 | 30.74 | -13.14 | -9.96 | 522.52 | 6.5 | 57.33 | 68.13 | -4.82 | -11.81 | 485.12 | 6.76 | 67.86 |
| 21Q1 (9) | 2.57 | 35.98 | 335.59 | 0.19 | 0.0 | 137.5 | 35.39 | -26.64 | -77.04 | 490.62 | 3.48 | -57.02 | 71.58 | -16.36 | -73.95 | 454.42 | 4.04 | -55.48 |
| 20Q4 (8) | 1.89 | 36.96 | 133.33 | 0.19 | 35.71 | 72.73 | 48.24 | -27.09 | -57.11 | 474.12 | -28.85 | -42.45 | 85.58 | -36.4 | -60.59 | 436.78 | -26.96 | -39.27 |
| 20Q3 (7) | 1.38 | -48.31 | 119.05 | 0.14 | -48.15 | 55.56 | 66.16 | 93.79 | -54.51 | 666.39 | 100.65 | -34.52 | 134.55 | 74.17 | -51.02 | 597.99 | 106.92 | -32.69 |
| 20Q2 (6) | 2.67 | 352.54 | 167.0 | 0.27 | 237.5 | 80.0 | 34.14 | -77.85 | -62.45 | 332.11 | -70.9 | -45.89 | 77.25 | -71.89 | -49.6 | 289.00 | -71.69 | -47.59 |
| 20Q1 (5) | 0.59 | -27.16 | -65.09 | 0.08 | -27.27 | -68.0 | 154.11 | 37.01 | 185.92 | 1141.39 | 38.54 | 212.09 | 274.80 | 26.56 | 173.51 | 1020.71 | 41.91 | 219.82 |
| 19Q4 (4) | 0.81 | 28.57 | 0.0 | 0.11 | 22.22 | 0.0 | 112.48 | -22.67 | 0.0 | 823.89 | -19.04 | 0.0 | 217.13 | -20.96 | 0.0 | 719.25 | -19.04 | 0.0 |
| 19Q3 (3) | 0.63 | -37.0 | 0.0 | 0.09 | -40.0 | 0.0 | 145.45 | 59.98 | 0.0 | 1017.69 | 65.81 | 0.0 | 274.70 | 79.24 | 0.0 | 888.44 | 61.11 | 0.0 |
| 19Q2 (2) | 1.00 | -40.83 | 0.0 | 0.15 | -40.0 | 0.0 | 90.92 | 68.68 | 0.0 | 613.78 | 67.83 | 0.0 | 153.26 | 52.54 | 0.0 | 551.44 | 72.78 | 0.0 |
| 19Q1 (1) | 1.69 | 0.0 | 0.0 | 0.25 | 0.0 | 0.0 | 53.90 | 0.0 | 0.0 | 365.72 | 0.0 | 0.0 | 100.47 | 0.0 | 0.0 | 319.15 | 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) | 38.67 | 169.85 | 0.58 | 48.72 | 9.44 | -62.92 | 631.67 | -32.3 | 57.74 | -29.71 | 583.37 | -33.44 |
| 2022 (9) | 14.33 | 69.59 | 0.39 | -20.41 | 25.46 | -41.02 | 933.08 | 25.03 | 82.14 | -6.37 | 876.40 | 24.89 |
| 2021 (8) | 8.45 | 41.07 | 0.49 | -28.99 | 43.17 | -29.12 | 746.28 | 41.84 | 87.73 | -11.01 | 701.72 | 43.65 |
| 2020 (7) | 5.99 | 76.7 | 0.69 | 32.69 | 60.91 | -43.44 | 526.16 | -25.25 | 98.58 | -39.14 | 488.49 | -24.8 |
| 2019 (6) | 3.39 | 59.91 | 0.52 | -37.35 | 107.70 | -37.57 | 703.88 | 59.3 | 161.97 | -19.67 | 649.61 | 57.4 |
| 2018 (5) | 2.12 | -26.39 | 0.83 | -61.21 | 172.50 | 36.0 | 441.85 | 159.59 | 201.64 | 88.17 | 412.71 | 117.34 |
| 2017 (4) | 2.88 | 84.62 | 2.14 | 79.83 | 126.84 | -45.87 | 170.21 | -44.69 | 107.16 | 44.54 | 189.89 | -59.42 |
| 2016 (3) | 1.56 | -29.73 | 1.19 | -52.78 | 234.33 | 42.23 | 307.72 | 112.34 | 74.14 | 27.7 | 467.90 | 85.96 |
| 2015 (2) | 2.22 | -8.64 | 2.52 | -65.9 | 164.76 | 9.61 | 144.92 | 193.36 | 58.06 | -3.47 | 251.62 | 80.28 |
| 2014 (1) | 2.43 | 16.27 | 7.39 | 23.58 | 150.31 | -14.06 | 49.40 | -19.12 | 60.15 | -14.69 | 139.57 | -15.66 |
