- 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) | 2.33 | -1.27 | 3.1 | 0.55 | 3.77 | -11.29 | 39.10 | 1.58 | -3.03 | 166.63 | -2.7 | 14.0 | 163.88 | 4.04 | 79.44 | 41.85 | -19.86 | -56.02 |
| 23Q3 (19) | 2.36 | -13.24 | 16.26 | 0.53 | -37.65 | -5.36 | 38.49 | 14.83 | -14.18 | 171.26 | 60.06 | 4.64 | 157.52 | 115.31 | 63.03 | 52.22 | -22.48 | -53.33 |
| 23Q2 (18) | 2.72 | 13.81 | 41.67 | 0.85 | 21.43 | 49.12 | 33.52 | -12.14 | -29.33 | 107.00 | -17.58 | -32.69 | 73.16 | -6.04 | -9.95 | 67.36 | -25.25 | -46.18 |
| 23Q1 (17) | 2.39 | 5.75 | 32.78 | 0.70 | 12.9 | 29.63 | 38.15 | -5.38 | -24.59 | 129.82 | -11.19 | -23.55 | 77.86 | -14.75 | -16.92 | 90.11 | -5.31 | -28.87 |
| 22Q4 (16) | 2.26 | 11.33 | 20.86 | 0.62 | 10.71 | 3.33 | 40.32 | -10.1 | -17.05 | 146.17 | -10.69 | -4.38 | 91.33 | -5.48 | 1.01 | 95.16 | -14.95 | -14.31 |
| 22Q3 (15) | 2.03 | 5.73 | 20.12 | 0.56 | -1.75 | -22.22 | 44.85 | -5.44 | -16.57 | 163.66 | 2.95 | 29.67 | 96.62 | 18.93 | 22.44 | 111.89 | -10.6 | 10.72 |
| 22Q2 (14) | 1.92 | 6.67 | 4.92 | 0.57 | 5.56 | -32.94 | 47.43 | -6.25 | -4.59 | 158.97 | -6.38 | 48.83 | 81.24 | -13.32 | 8.99 | 125.16 | -1.2 | 52.67 |
| 22Q1 (13) | 1.80 | -3.74 | -1.64 | 0.54 | -10.0 | -37.21 | 50.59 | 4.07 | 1.61 | 169.81 | 11.09 | 60.65 | 93.72 | 3.65 | 28.67 | 126.68 | 14.07 | 53.27 |
| 21Q4 (12) | 1.87 | 10.65 | -15.0 | 0.60 | -16.67 | -36.17 | 48.61 | -9.58 | 17.76 | 152.86 | 21.12 | 57.44 | 90.42 | 14.59 | 34.87 | 111.05 | 9.89 | 55.68 |
| 21Q3 (11) | 1.69 | -7.65 | -20.28 | 0.72 | -15.29 | -28.71 | 53.76 | 8.15 | 25.52 | 126.21 | 18.16 | 39.46 | 78.91 | 5.86 | 38.85 | 101.06 | 23.27 | 32.1 |
| 21Q2 (10) | 1.83 | 0.0 | -14.49 | 0.85 | -1.16 | -8.6 | 49.71 | -0.16 | 17.07 | 106.81 | 1.05 | 9.74 | 74.54 | 2.33 | 6.82 | 81.98 | -0.81 | 17.11 |
| 21Q1 (9) | 1.83 | -16.82 | -24.69 | 0.86 | -8.51 | 10.26 | 49.79 | 20.62 | 32.7 | 105.70 | 8.87 | -9.58 | 72.84 | 8.65 | -19.27 | 82.65 | 15.87 | 28.76 |
| 20Q4 (8) | 2.20 | 3.77 | -6.38 | 0.94 | -6.93 | 2.17 | 41.28 | -3.62 | 6.64 | 97.09 | 7.28 | -2.33 | 67.04 | 17.97 | 27.79 | 71.33 | -6.76 | -16.72 |
| 20Q3 (7) | 2.12 | -0.93 | 17.78 | 1.01 | 8.6 | 55.38 | 42.83 | 0.87 | -15.29 | 90.50 | -7.02 | -35.76 | 56.83 | -18.56 | -8.47 | 76.50 | 9.29 | -40.86 |
| 20Q2 (6) | 2.14 | -11.93 | 2.88 | 0.93 | 19.23 | 30.99 | 42.46 | 13.17 | -3.1 | 97.33 | -16.74 | -24.36 | 69.78 | -22.66 | 21.1 | 70.00 | 9.05 | -39.06 |
| 20Q1 (5) | 2.43 | 3.4 | 63.09 | 0.78 | -15.22 | 18.18 | 37.52 | -3.07 | -38.37 | 116.90 | 17.59 | -15.33 | 90.23 | 72.0 | 71.47 | 64.19 | -25.06 | -56.13 |
| 19Q4 (4) | 2.35 | 30.56 | 0.0 | 0.92 | 41.54 | 0.0 | 38.71 | -23.44 | 0.0 | 99.41 | -29.44 | 0.0 | 52.46 | -15.51 | 0.0 | 85.65 | -33.78 | 0.0 |
| 19Q3 (3) | 1.80 | -13.46 | 0.0 | 0.65 | -8.45 | 0.0 | 50.56 | 15.38 | 0.0 | 140.88 | 9.49 | 0.0 | 62.09 | 7.76 | 0.0 | 129.35 | 12.61 | 0.0 |
| 19Q2 (2) | 2.08 | 39.6 | 0.0 | 0.71 | 7.58 | 0.0 | 43.82 | -28.02 | 0.0 | 128.67 | -6.8 | 0.0 | 57.62 | 9.5 | 0.0 | 114.87 | -21.49 | 0.0 |
| 19Q1 (1) | 1.49 | 0.0 | 0.0 | 0.66 | 0.0 | 0.0 | 60.88 | 0.0 | 0.0 | 138.06 | 0.0 | 0.0 | 52.62 | 0.0 | 0.0 | 146.32 | 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) | 7.90 | -19.06 | 2.30 | -7.26 | 46.21 | 23.62 | 158.78 | 7.71 | 108.50 | 19.85 | 96.48 | 2.33 |
| 2022 (9) | 9.76 | 22.46 | 2.48 | -10.79 | 37.38 | -18.37 | 147.42 | 12.36 | 90.53 | 6.62 | 94.28 | 2.39 |
| 2021 (8) | 7.97 | -25.79 | 2.78 | -31.19 | 45.79 | 34.68 | 131.20 | 45.31 | 84.91 | 42.09 | 92.08 | 42.69 |
| 2020 (7) | 10.74 | 31.78 | 4.04 | 21.32 | 34.00 | -24.07 | 90.29 | -17.57 | 59.76 | 13.68 | 64.53 | -36.58 |
| 2019 (6) | 8.15 | 57.03 | 3.33 | 31.1 | 44.78 | -36.34 | 109.54 | -23.75 | 52.57 | 19.94 | 101.75 | -40.2 |
| 2018 (5) | 5.19 | -10.21 | 2.54 | -14.77 | 70.34 | 11.39 | 143.65 | 17.44 | 43.83 | -16.03 | 170.16 | 27.68 |
| 2017 (4) | 5.78 | -0.17 | 2.98 | -18.13 | 63.15 | 0.11 | 122.32 | 21.87 | 52.20 | -15.29 | 133.27 | 30.86 |
| 2016 (3) | 5.79 | -1.03 | 3.64 | -6.67 | 63.08 | 1.06 | 100.37 | 7.28 | 61.62 | 5.84 | 101.84 | 4.18 |
| 2015 (2) | 5.85 | -9.86 | 3.90 | 0.26 | 62.42 | 11.05 | 93.56 | -0.4 | 58.22 | 10.08 | 97.75 | 0.5 |
| 2014 (1) | 6.49 | -9.99 | 3.89 | -12.19 | 56.21 | 11.11 | 93.94 | 14.09 | 52.89 | 13.52 | 97.26 | 12.65 |
