- 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) | 1.14 | 8.57 | 83.87 | 0.66 | -8.33 | 135.71 | 79.68 | -7.88 | -46.01 | 137.65 | 8.33 | -57.57 | 50.65 | 105.98 | -31.01 | 166.67 | -11.81 | -58.18 |
| 23Q3 (19) | 1.05 | -26.57 | 29.63 | 0.72 | 80.0 | 89.47 | 86.50 | 35.79 | -22.57 | 127.07 | -44.19 | -46.72 | 24.59 | 23.69 | -76.6 | 188.98 | -30.4 | -22.91 |
| 23Q2 (18) | 1.43 | 14.4 | 19.17 | 0.40 | 53.85 | -50.0 | 63.70 | -12.23 | -15.81 | 227.69 | -35.07 | 99.2 | 19.88 | -39.61 | -71.26 | 271.51 | -30.44 | 124.76 |
| 23Q1 (17) | 1.25 | 101.61 | -3.1 | 0.26 | -7.14 | -76.36 | 72.58 | -50.82 | 2.63 | 350.66 | 8.09 | 324.89 | 32.92 | -55.16 | -34.91 | 390.31 | -2.07 | 280.12 |
| 22Q4 (16) | 0.62 | -23.46 | -55.71 | 0.28 | -26.32 | -73.83 | 147.58 | 32.1 | 126.84 | 324.41 | 36.02 | 280.9 | 73.42 | -30.13 | 45.7 | 398.57 | 62.58 | 299.21 |
| 22Q3 (15) | 0.81 | -32.5 | -35.71 | 0.38 | -52.5 | -62.75 | 111.72 | 47.66 | 54.46 | 238.51 | 108.67 | 166.49 | 105.08 | 51.94 | 86.31 | 245.15 | 102.94 | 132.55 |
| 22Q2 (14) | 1.20 | -6.98 | 0.84 | 0.80 | -27.27 | -29.2 | 75.66 | 6.99 | -1.39 | 114.30 | 38.5 | 41.65 | 69.16 | 36.73 | 30.81 | 120.80 | 17.65 | 15.54 |
| 22Q1 (13) | 1.29 | -7.86 | -3.73 | 1.10 | 2.8 | -1.79 | 70.72 | 8.7 | 3.83 | 82.53 | -3.1 | 1.51 | 50.58 | 0.38 | 11.41 | 102.68 | 2.84 | -1.28 |
| 21Q4 (12) | 1.40 | 11.11 | 3.7 | 1.07 | 4.9 | 4.9 | 65.06 | -10.05 | -3.43 | 85.17 | -4.84 | -4.5 | 50.39 | -10.66 | 13.93 | 99.84 | -5.29 | -11.12 |
| 21Q3 (11) | 1.26 | 5.88 | 3.28 | 1.02 | -9.73 | 0.99 | 72.33 | -5.73 | -3.21 | 89.50 | 10.92 | -0.52 | 56.40 | 6.68 | 22.93 | 105.42 | 0.83 | -11.28 |
| 21Q2 (10) | 1.19 | -11.19 | 1.71 | 1.13 | 0.89 | 20.21 | 76.73 | 12.66 | -1.13 | 80.69 | -0.75 | -16.83 | 52.87 | 16.45 | -11.85 | 104.55 | 0.52 | -8.81 |
| 21Q1 (9) | 1.34 | -0.74 | 11.67 | 1.12 | 9.8 | -9.68 | 68.11 | 1.1 | -9.98 | 81.30 | -8.84 | 10.78 | 45.40 | 2.65 | -29.54 | 104.01 | -7.41 | 22.91 |
| 20Q4 (8) | 1.35 | 10.66 | -16.67 | 1.02 | 0.99 | -48.22 | 67.37 | -9.85 | 19.88 | 89.18 | -0.88 | 93.11 | 44.23 | -3.6 | -10.93 | 112.33 | -5.46 | 113.07 |
| 20Q3 (7) | 1.22 | 4.27 | 2.52 | 1.01 | 7.45 | -22.9 | 74.73 | -3.71 | -2.15 | 89.97 | -7.27 | 29.19 | 45.88 | -23.51 | -24.92 | 118.82 | 3.64 | 39.97 |
| 20Q2 (6) | 1.17 | -2.5 | 17.0 | 0.94 | -24.19 | -31.39 | 77.61 | 2.58 | -14.38 | 97.02 | 32.2 | 45.68 | 59.98 | -6.91 | 21.15 | 114.65 | 35.49 | 6.42 |
| 20Q1 (5) | 1.20 | -25.93 | 3.45 | 1.24 | -37.06 | -37.06 | 75.66 | 34.63 | -3.58 | 73.39 | 58.92 | 59.13 | 64.43 | 29.74 | 57.38 | 84.62 | 60.51 | 1.16 |
| 19Q4 (4) | 1.62 | 36.13 | 0.0 | 1.97 | 50.38 | 0.0 | 56.20 | -26.41 | 0.0 | 46.18 | -33.69 | 0.0 | 49.66 | -18.74 | 0.0 | 52.72 | -37.9 | 0.0 |
| 19Q3 (3) | 1.19 | 19.0 | 0.0 | 1.31 | -4.38 | 0.0 | 76.37 | -15.75 | 0.0 | 69.64 | 4.56 | 0.0 | 61.11 | 23.43 | 0.0 | 84.89 | -21.2 | 0.0 |
| 19Q2 (2) | 1.00 | -13.79 | 0.0 | 1.37 | -30.46 | 0.0 | 90.65 | 15.52 | 0.0 | 66.60 | 44.41 | 0.0 | 49.51 | 20.93 | 0.0 | 107.73 | 28.79 | 0.0 |
| 19Q1 (1) | 1.16 | 0.0 | 0.0 | 1.97 | 0.0 | 0.0 | 78.47 | 0.0 | 0.0 | 46.12 | 0.0 | 0.0 | 40.94 | 0.0 | 0.0 | 83.65 | 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) | 5.74 | -1.2 | 1.79 | -23.18 | 63.61 | 1.32 | 204.17 | 30.51 | 46.55 | 10.6 | 221.24 | 24.9 |
| 2022 (9) | 5.81 | 10.25 | 2.33 | -42.75 | 62.78 | -9.36 | 156.44 | 74.4 | 42.09 | -13.84 | 177.14 | 60.88 |
| 2021 (8) | 5.27 | 8.66 | 4.07 | -18.6 | 69.26 | -7.95 | 89.70 | 22.86 | 48.85 | -2.36 | 110.11 | 12.11 |
| 2020 (7) | 4.85 | 10.73 | 5.00 | -26.04 | 75.24 | -9.61 | 73.01 | 35.3 | 50.03 | -12.57 | 98.22 | 22.81 |
| 2019 (6) | 4.38 | -11.52 | 6.76 | 0.15 | 83.24 | 12.87 | 53.96 | -0.22 | 57.22 | -0.14 | 79.98 | 13.4 |
| 2018 (5) | 4.95 | 20.73 | 6.75 | -6.25 | 73.75 | -17.08 | 54.08 | 6.69 | 57.30 | -23.35 | 70.53 | 8.71 |
| 2017 (4) | 4.10 | 24.62 | 7.20 | 22.24 | 88.94 | -19.82 | 50.69 | -18.27 | 74.76 | 18.48 | 64.88 | -40.93 |
| 2016 (3) | 3.29 | 0 | 5.89 | 0 | 110.92 | 0 | 62.02 | 0 | 63.10 | 0 | 109.84 | 0 |
