- 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) | 1.12 | 7.69 | 19.15 | 2.06 | 28.75 | 54.89 | 81.13 | -7.34 | -16.38 | 44.23 | -22.12 | -35.13 | 72.14 | -11.58 | -28.75 | 53.22 | -15.2 | -16.78 |
| 23Q3 (19) | 1.04 | -22.39 | -27.27 | 1.60 | 0.63 | -9.6 | 87.56 | 28.56 | 37.54 | 56.79 | -1.05 | 10.49 | 81.59 | 33.93 | 9.03 | 62.76 | -2.8 | 55.96 |
| 23Q2 (18) | 1.34 | 81.08 | 41.05 | 1.59 | 76.67 | 30.33 | 68.11 | -44.63 | -28.93 | 57.39 | -42.94 | -23.25 | 60.92 | -44.06 | -42.63 | 64.57 | -43.69 | 0.22 |
| 23Q1 (17) | 0.74 | -21.28 | -26.0 | 0.90 | -32.33 | -40.4 | 123.00 | 26.78 | 35.82 | 100.57 | 47.51 | 67.0 | 108.90 | 7.56 | 9.38 | 114.66 | 79.3 | 123.81 |
| 22Q4 (16) | 0.94 | -34.27 | -13.76 | 1.33 | -24.86 | -20.83 | 97.02 | 52.4 | 15.94 | 68.18 | 32.65 | 26.14 | 101.25 | 35.31 | 0.1 | 63.95 | 58.92 | 74.82 |
| 22Q3 (15) | 1.43 | 50.53 | 22.22 | 1.77 | 45.08 | -8.29 | 63.66 | -33.58 | -17.91 | 51.40 | -31.27 | 9.18 | 74.83 | -29.53 | -19.61 | 40.24 | -37.54 | 27.5 |
| 22Q2 (14) | 0.95 | -5.0 | -19.49 | 1.22 | -19.21 | -32.22 | 95.84 | 5.83 | 23.74 | 74.78 | 24.18 | 48.2 | 106.19 | 6.66 | 11.26 | 64.43 | 25.77 | 98.49 |
| 22Q1 (13) | 1.00 | -8.26 | -2.91 | 1.51 | -10.12 | -13.22 | 90.56 | 8.22 | 2.49 | 60.22 | 11.42 | 14.95 | 99.56 | -1.57 | -13.31 | 51.23 | 40.05 | 97.72 |
| 21Q4 (12) | 1.09 | -6.84 | -10.66 | 1.68 | -12.95 | -34.88 | 83.68 | 7.9 | 11.75 | 54.05 | 14.8 | 53.16 | 101.15 | 8.67 | 17.93 | 36.58 | 15.91 | 49.86 |
| 21Q3 (11) | 1.17 | -0.85 | -7.14 | 1.93 | 7.22 | -15.72 | 77.55 | 0.13 | 7.48 | 47.08 | -6.7 | 18.68 | 93.08 | -2.47 | 8.02 | 31.56 | -2.77 | 23.04 |
| 21Q2 (10) | 1.18 | 14.56 | -19.73 | 1.80 | 3.45 | -17.05 | 77.45 | -12.35 | 25.14 | 50.46 | -3.68 | 20.46 | 95.44 | -16.89 | 28.64 | 32.46 | 25.28 | 9.7 |
| 21Q1 (9) | 1.03 | -15.57 | 14.44 | 1.74 | -32.56 | 28.89 | 88.36 | 18.0 | -13.04 | 52.39 | 48.46 | -22.14 | 114.84 | 33.89 | 8.77 | 25.91 | 6.15 | -59.08 |
| 20Q4 (8) | 1.22 | -3.17 | 22.0 | 2.58 | 12.66 | 22.86 | 74.88 | 3.78 | -17.95 | 35.29 | -11.04 | -18.61 | 85.77 | -0.46 | 11.53 | 24.41 | -4.83 | -57.71 |
| 20Q3 (7) | 1.26 | -14.29 | 26.0 | 2.29 | 5.53 | 15.08 | 72.15 | 16.58 | -20.8 | 39.67 | -5.3 | -13.1 | 86.17 | 16.15 | 22.59 | 25.65 | -13.32 | -61.41 |
| 20Q2 (6) | 1.47 | 63.33 | 63.33 | 2.17 | 60.74 | 21.23 | 61.89 | -39.09 | -38.59 | 41.89 | -37.75 | -17.64 | 74.19 | -29.73 | 4.57 | 29.59 | -53.27 | -63.33 |
| 20Q1 (5) | 0.90 | -10.0 | 16.88 | 1.35 | -35.71 | -22.86 | 101.61 | 11.34 | -13.71 | 67.29 | 55.19 | 29.21 | 105.58 | 37.3 | 26.88 | 63.32 | 9.7 | -26.9 |
| 19Q4 (4) | 1.00 | 0.0 | 0.0 | 2.10 | 5.53 | 0.0 | 91.26 | 0.18 | 0.0 | 43.36 | -5.02 | 0.0 | 76.90 | 9.4 | 0.0 | 57.72 | -13.15 | 0.0 |
| 19Q3 (3) | 1.00 | 11.11 | 0.0 | 1.99 | 11.17 | 0.0 | 91.10 | -9.61 | 0.0 | 45.65 | -10.24 | 0.0 | 70.29 | -0.93 | 0.0 | 66.46 | -17.64 | 0.0 |
| 19Q2 (2) | 0.90 | 16.88 | 0.0 | 1.79 | 2.29 | 0.0 | 100.78 | -14.41 | 0.0 | 50.86 | -2.34 | 0.0 | 70.95 | -14.73 | 0.0 | 80.69 | -6.85 | 0.0 |
| 19Q1 (1) | 0.77 | 0.0 | 0.0 | 1.75 | 0.0 | 0.0 | 117.75 | 0.0 | 0.0 | 52.08 | 0.0 | 0.0 | 83.21 | 0.0 | 0.0 | 86.62 | 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) | 3.61 | -18.33 | 5.81 | -6.59 | 100.97 | 22.31 | 62.82 | 7.02 | 92.34 | 2.74 | 71.45 | 39.09 |
| 2022 (9) | 4.42 | 8.87 | 6.22 | -18.48 | 82.55 | -8.24 | 58.70 | 22.68 | 89.88 | -12.35 | 51.37 | 45.65 |
| 2021 (8) | 4.06 | -18.15 | 7.63 | -28.62 | 89.96 | 22.29 | 47.85 | 40.12 | 102.55 | 27.44 | 35.27 | 29.48 |
| 2020 (7) | 4.96 | 53.56 | 10.69 | 46.44 | 73.56 | -34.9 | 34.15 | -31.73 | 80.47 | -12.8 | 27.24 | -61.49 |
| 2019 (6) | 3.23 | 2.87 | 7.30 | -8.64 | 112.99 | -2.65 | 50.02 | 9.45 | 92.28 | 18.7 | 70.73 | -15.82 |
| 2018 (5) | 3.14 | -3.09 | 7.99 | -1.24 | 116.06 | 3.04 | 45.70 | 1.35 | 77.74 | -1.38 | 84.02 | 6.49 |
| 2017 (4) | 3.24 | 6.23 | 8.09 | 5.89 | 112.64 | -5.76 | 45.09 | -5.57 | 78.83 | -23.01 | 78.90 | 21.59 |
| 2016 (3) | 3.05 | -8.68 | 7.64 | -7.73 | 119.53 | 9.41 | 47.75 | 8.28 | 102.39 | 6.65 | 64.89 | 13.17 |
| 2015 (2) | 3.34 | -2.91 | 8.28 | 18.62 | 109.25 | 3.03 | 44.10 | -15.68 | 96.01 | 6.29 | 57.34 | -15.69 |
| 2014 (1) | 3.44 | 37.05 | 6.98 | 50.76 | 106.04 | -27.13 | 52.30 | -33.63 | 90.33 | -17.87 | 68.01 | -40.51 |
