- 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) | 1.13 | 7.62 | 3.67 | 0.90 | 28.57 | 13.92 | 80.41 | -6.94 | -3.26 | 101.11 | -22.18 | -12.31 | 69.79 | -19.6 | 5.73 | 111.72 | -13.75 | -15.63 |
| 23Q3 (19) | 1.05 | -23.36 | -22.22 | 0.70 | -12.5 | -19.54 | 86.41 | 29.67 | 27.73 | 129.92 | 14.68 | 23.99 | 86.80 | 33.85 | 66.06 | 129.53 | 12.56 | 7.8 |
| 23Q2 (18) | 1.37 | 22.32 | 13.22 | 0.80 | 8.11 | 1.27 | 66.64 | -17.76 | -11.28 | 113.29 | -7.77 | -1.57 | 64.85 | -3.01 | 22.4 | 115.08 | -16.01 | -16.14 |
| 23Q1 (17) | 1.12 | 2.75 | -4.27 | 0.74 | -6.33 | -21.28 | 81.03 | -2.51 | 4.29 | 122.83 | 6.52 | 26.88 | 66.86 | 1.29 | 12.26 | 137.01 | 3.47 | 19.18 |
| 22Q4 (16) | 1.09 | -19.26 | -20.44 | 0.79 | -9.2 | -33.05 | 83.12 | 22.87 | 24.97 | 115.31 | 10.05 | 50.05 | 66.01 | 26.29 | 5.48 | 132.42 | 10.2 | 63.93 |
| 22Q3 (15) | 1.35 | 11.57 | 18.42 | 0.87 | 10.13 | -31.5 | 67.65 | -9.93 | -15.32 | 104.78 | -8.97 | 45.93 | 52.27 | -1.34 | -26.28 | 120.16 | -12.44 | 48.75 |
| 22Q2 (14) | 1.21 | 3.42 | -28.4 | 0.79 | -15.96 | -65.04 | 75.11 | -3.33 | 39.38 | 115.10 | 18.89 | 186.32 | 52.98 | -11.05 | -2.88 | 137.23 | 19.37 | 247.07 |
| 22Q1 (13) | 1.17 | -14.6 | -6.4 | 0.94 | -20.34 | -52.28 | 77.70 | 16.82 | 6.64 | 96.81 | 25.97 | 110.05 | 59.56 | -4.83 | 4.31 | 114.96 | 42.31 | 85.87 |
| 21Q4 (12) | 1.37 | 20.18 | 28.04 | 1.18 | -7.09 | -34.81 | 66.51 | -16.75 | -21.8 | 76.85 | 7.03 | 52.51 | 62.58 | -11.73 | 26.32 | 80.78 | 0.0 | -5.96 |
| 21Q3 (11) | 1.14 | -32.54 | 0.0 | 1.27 | -43.81 | -25.29 | 79.89 | 48.25 | -0.32 | 71.80 | 78.61 | 34.11 | 70.90 | 29.97 | 130.42 | 80.78 | 104.3 | -21.5 |
| 21Q2 (10) | 1.69 | 35.2 | 52.25 | 2.26 | 14.72 | 82.26 | 53.89 | -26.04 | -34.43 | 40.20 | -12.78 | -45.34 | 54.55 | -4.47 | 109.73 | 39.54 | -36.07 | -69.52 |
| 21Q1 (9) | 1.25 | 16.82 | 62.34 | 1.97 | 8.84 | 169.86 | 72.86 | -14.33 | -38.05 | 46.09 | -8.53 | -63.09 | 57.10 | 15.26 | 28.43 | 61.85 | -28.0 | -68.76 |
| 20Q4 (8) | 1.07 | -6.14 | -10.08 | 1.81 | 6.47 | 56.03 | 85.05 | 6.11 | 10.8 | 50.39 | -5.88 | -35.54 | 49.54 | 61.0 | 95.19 | 85.90 | -16.53 | -33.69 |
| 20Q3 (7) | 1.14 | 2.7 | 4.59 | 1.70 | 37.1 | 75.26 | 80.15 | -2.48 | -4.37 | 53.54 | -27.2 | -42.68 | 30.77 | 18.3 | 0.52 | 102.91 | -20.67 | -29.81 |
| 20Q2 (6) | 1.11 | 44.16 | -15.27 | 1.24 | 69.86 | 18.1 | 82.19 | -30.12 | 18.4 | 73.54 | -41.11 | -14.96 | 26.01 | -41.5 | -3.27 | 129.72 | -34.49 | 0.55 |
| 20Q1 (5) | 0.77 | -35.29 | -37.4 | 0.73 | -37.07 | -17.05 | 117.61 | 53.22 | 59.04 | 124.87 | 59.74 | 20.41 | 44.46 | 75.18 | 55.18 | 198.01 | 52.84 | 32.89 |
| 19Q4 (4) | 1.19 | 9.17 | 0.0 | 1.16 | 19.59 | 0.0 | 76.76 | -8.41 | 0.0 | 78.17 | -16.32 | 0.0 | 25.38 | -17.09 | 0.0 | 129.55 | -11.64 | 0.0 |
| 19Q3 (3) | 1.09 | -16.79 | 0.0 | 0.97 | -7.62 | 0.0 | 83.81 | 20.73 | 0.0 | 93.41 | 8.01 | 0.0 | 30.61 | 13.83 | 0.0 | 146.61 | 13.64 | 0.0 |
| 19Q2 (2) | 1.31 | 6.5 | 0.0 | 1.05 | 19.32 | 0.0 | 69.42 | -6.13 | 0.0 | 86.48 | -16.61 | 0.0 | 26.89 | -6.14 | 0.0 | 129.01 | -13.42 | 0.0 |
| 19Q1 (1) | 1.23 | 0.0 | 0.0 | 0.88 | 0.0 | 0.0 | 73.95 | 0.0 | 0.0 | 103.70 | 0.0 | 0.0 | 28.65 | 0.0 | 0.0 | 149.00 | 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) | 4.34 | -4.82 | 3.42 | -6.3 | 84.07 | 5.1 | 106.61 | 6.61 | 68.37 | 1.32 | 122.32 | 8.72 |
| 2022 (9) | 4.56 | -6.94 | 3.65 | -21.34 | 79.99 | 7.48 | 100.00 | 27.11 | 67.48 | 5.65 | 112.51 | 26.09 |
| 2021 (8) | 4.90 | 27.27 | 4.64 | -5.31 | 74.42 | -21.55 | 78.67 | 5.67 | 63.87 | 24.72 | 89.23 | -24.44 |
| 2020 (7) | 3.85 | -22.06 | 4.90 | 24.68 | 94.86 | 28.5 | 74.45 | -19.94 | 51.21 | 98.87 | 118.09 | -16.28 |
| 2019 (6) | 4.94 | 5.56 | 3.93 | 1.03 | 73.82 | -5.41 | 92.99 | -0.93 | 25.75 | -8.04 | 141.05 | -1.98 |
| 2018 (5) | 4.68 | 22.51 | 3.89 | -6.27 | 78.04 | -18.28 | 93.86 | 6.67 | 28.00 | -18.15 | 143.90 | -3.6 |
| 2017 (4) | 3.82 | 2.41 | 4.15 | -13.72 | 95.50 | -2.37 | 87.99 | 15.88 | 34.21 | -13.04 | 149.28 | 11.06 |
| 2016 (3) | 3.73 | -13.05 | 4.81 | 19.65 | 97.82 | 15.03 | 75.93 | -16.46 | 39.34 | 9.01 | 134.41 | -3.88 |
| 2015 (2) | 4.29 | 0.0 | 4.02 | 13.88 | 85.04 | -0.16 | 90.89 | -12.06 | 36.09 | 9.63 | 139.84 | -10.13 |
| 2014 (1) | 4.29 | -24.07 | 3.53 | -23.59 | 85.18 | 31.92 | 103.35 | 30.94 | 32.92 | 25.6 | 155.61 | 32.67 |
