- 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) | 1.35 | -12.9 | 21.62 | 0.14 | 40.0 | 40.0 | 67.18 | 14.66 | -17.77 | 657.81 | -25.08 | -25.68 | 10.06 | -36.97 | -26.46 | 714.93 | -22.34 | -24.99 |
| 23Q3 (19) | 1.55 | 16.54 | 30.25 | 0.10 | -16.67 | 11.11 | 58.59 | -14.39 | -23.19 | 877.98 | 11.83 | -13.65 | 15.96 | -8.54 | 27.17 | 920.60 | 10.11 | -14.8 |
| 23Q2 (18) | 1.33 | -8.28 | -97.82 | 0.12 | 20.0 | -94.37 | 68.44 | 8.93 | 4493.29 | 785.10 | -12.84 | 1735.63 | 17.45 | 0.17 | 5187.88 | 836.09 | -11.64 | 1803.23 |
| 23Q1 (17) | 1.45 | 30.63 | 38.1 | 0.10 | 0.0 | -37.5 | 62.83 | -23.1 | -27.2 | 900.80 | 1.77 | 62.28 | 17.42 | 27.34 | 59.38 | 946.21 | -0.73 | 50.08 |
| 22Q4 (16) | 1.11 | -6.72 | 20.65 | 0.10 | 11.11 | 42.86 | 81.70 | 7.11 | -17.15 | 885.13 | -12.95 | -30.7 | 13.68 | 9.0 | -51.85 | 953.15 | -11.79 | -29.27 |
| 22Q3 (15) | 1.19 | -98.05 | -9.85 | 0.09 | -95.77 | -25.0 | 76.28 | 5019.46 | 10.61 | 1016.79 | 2277.34 | 37.97 | 12.55 | 3703.03 | -27.83 | 1080.51 | 2359.62 | 37.03 |
| 22Q2 (14) | 61.12 | 5720.95 | 4086.3 | 2.13 | 1231.25 | 4160.0 | 1.49 | -98.27 | -97.61 | 42.77 | -92.29 | -97.71 | 0.33 | -96.98 | -99.7 | 43.93 | -93.03 | -97.59 |
| 22Q1 (13) | 1.05 | 14.13 | 2000.0 | 0.16 | 128.57 | 100.0 | 86.31 | -12.47 | -95.38 | 555.09 | -56.54 | -48.42 | 10.93 | -61.53 | -98.02 | 630.47 | -53.21 | -73.63 |
| 21Q4 (12) | 0.92 | -30.3 | 9100.0 | 0.07 | -41.67 | 0.0 | 98.61 | 43.0 | -98.85 | 1277.30 | 73.32 | 0.29 | 28.41 | 63.37 | -97.78 | 1347.50 | 70.89 | -84.3 |
| 21Q3 (11) | 1.32 | -9.59 | 0 | 0.12 | 140.0 | 1100.0 | 68.96 | 10.51 | -99.68 | 736.94 | -60.58 | -92.81 | 17.39 | -84.01 | -99.84 | 788.51 | -56.75 | -96.27 |
| 21Q2 (10) | 1.46 | 2820.0 | 1023.08 | 0.05 | -37.5 | -28.57 | 62.40 | -96.66 | -90.95 | 1869.30 | 73.71 | 41.83 | 108.73 | -80.34 | -84.93 | 1822.96 | -23.74 | 41.77 |
| 21Q1 (9) | 0.05 | 400.0 | -95.65 | 0.08 | 14.29 | 0.0 | 1867.29 | -78.25 | 2256.5 | 1076.11 | -15.51 | -9.62 | 552.98 | -56.76 | 5176.53 | 2390.42 | -72.14 | 89.81 |
| 20Q4 (8) | 0.01 | 0 | -98.84 | 0.07 | 600.0 | 133.33 | 8586.65 | -60.65 | 7973.95 | 1273.67 | -87.57 | -51.54 | 1279.01 | -88.33 | 5761.64 | 8581.31 | -59.36 | 216.34 |
| 20Q3 (7) | 0.00 | -100.0 | -100.0 | 0.01 | -85.71 | -92.86 | 21822.40 | 3066.06 | 56566.84 | 10250.20 | 677.73 | 1431.32 | 10958.10 | 1419.15 | 202078.97 | 21114.50 | 1542.01 | 2905.79 |
| 20Q2 (6) | 0.13 | -88.7 | -86.02 | 0.07 | -12.5 | -12.5 | 689.26 | 769.84 | 606.35 | 1317.96 | 10.7 | 19.78 | 721.33 | 6782.92 | 7533.12 | 1285.89 | 2.11 | 8.2 |
| 20Q1 (5) | 1.15 | 33.72 | -30.72 | 0.08 | 166.67 | -11.11 | 79.24 | -25.49 | 44.78 | 1190.61 | -54.7 | 14.19 | 10.48 | -51.97 | 28.43 | 1259.36 | -53.58 | 15.62 |
| 19Q4 (4) | 0.86 | -63.56 | 0.0 | 0.03 | -78.57 | 0.0 | 106.35 | 176.16 | 0.0 | 2628.16 | 292.63 | 0.0 | 21.82 | 302.58 | 0.0 | 2712.68 | 286.17 | 0.0 |
| 19Q3 (3) | 2.36 | 153.76 | 0.0 | 0.14 | 75.0 | 0.0 | 38.51 | -60.53 | 0.0 | 669.37 | -39.16 | 0.0 | 5.42 | -42.65 | 0.0 | 702.46 | -40.89 | 0.0 |
| 19Q2 (2) | 0.93 | -43.98 | 0.0 | 0.08 | -11.11 | 0.0 | 97.58 | 78.29 | 0.0 | 1100.30 | 5.53 | 0.0 | 9.45 | 15.81 | 0.0 | 1188.43 | 9.11 | 0.0 |
| 19Q1 (1) | 1.66 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 54.73 | 0.0 | 0.0 | 1042.68 | 0.0 | 0.0 | 8.16 | 0.0 | 0.0 | 1089.25 | 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) | 4.47 | -94.19 | 0.46 | -80.0 | 81.70 | 1623.63 | 788.06 | 395.54 | 10.85 | 226.81 | 858.91 | 435.31 |
| 2022 (9) | 77.00 | 26451.72 | 2.30 | 618.75 | 4.74 | -99.63 | 159.03 | -86.27 | 3.32 | -99.26 | 160.45 | -91.91 |
| 2021 (8) | 0.29 | 52.63 | 0.32 | 45.45 | 1273.86 | -34.98 | 1158.21 | -29.87 | 448.56 | -45.43 | 1983.52 | -28.88 |
| 2020 (7) | 0.19 | -97.77 | 0.22 | -35.29 | 1959.17 | 4467.89 | 1651.62 | 55.85 | 821.92 | 6642.58 | 2788.86 | 155.76 |
| 2019 (6) | 8.51 | -72.97 | 0.34 | 54.55 | 42.89 | 270.06 | 1059.72 | -34.93 | 12.19 | 9.23 | 1090.42 | -33.07 |
| 2018 (5) | 31.48 | 481.89 | 0.22 | 633.33 | 11.59 | -82.81 | 1628.68 | -86.68 | 11.16 | -75.34 | 1629.12 | -86.7 |
| 2017 (4) | 5.41 | -27.28 | 0.03 | -62.5 | 67.44 | 37.38 | 12228.80 | 160.46 | 45.25 | 53.34 | 12251.00 | 159.85 |
| 2016 (3) | 7.44 | -18.87 | 0.08 | -55.56 | 49.09 | 23.28 | 4695.13 | 129.66 | 29.51 | -91.62 | 4714.71 | 172.2 |
| 2015 (2) | 9.17 | -23.26 | 0.18 | 38.46 | 39.82 | 30.39 | 2044.41 | -24.43 | 352.15 | -72.54 | 1732.08 | 19.18 |
| 2014 (1) | 11.95 | 278.16 | 0.13 | -43.48 | 30.54 | -73.52 | 2705.19 | 73.51 | 1282.45 | -2.96 | 1453.28 | 311.89 |
