- 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) | 1.32 | 14.78 | 25.71 | 5.74 | 7.49 | 25.6 | 69.16 | -12.22 | -20.21 | 15.84 | -7.1 | -20.4 | 9.43 | -23.64 | -28.02 | 75.57 | -9.5 | -19.16 |
| 23Q3 (19) | 1.15 | -10.16 | 47.44 | 5.34 | 14.1 | -32.15 | 78.79 | 10.85 | -32.77 | 17.05 | -12.38 | 47.36 | 12.35 | -10.12 | -6.01 | 83.50 | 8.74 | -27.79 |
| 23Q2 (18) | 1.28 | 13.27 | 70.67 | 4.68 | 29.64 | -50.68 | 71.08 | -11.54 | -41.37 | 19.46 | -22.84 | 103.13 | 13.74 | -0.65 | 52.16 | 76.79 | -16.29 | -36.95 |
| 23Q1 (17) | 1.13 | 7.62 | -94.27 | 3.61 | -21.01 | 0 | 80.35 | -7.3 | 1642.95 | 25.22 | 26.73 | 0 | 13.83 | 5.57 | 8035.29 | 91.73 | -1.87 | 1965.99 |
| 22Q4 (16) | 1.05 | 34.62 | 5.0 | 4.57 | -41.93 | 0 | 86.68 | -26.04 | -4.35 | 19.90 | 72.0 | 0 | 13.10 | -0.3 | 4578.57 | 93.48 | -19.16 | 3.48 |
| 22Q3 (15) | 0.78 | 4.0 | -14.29 | 7.87 | -17.07 | 0 | 117.20 | -3.32 | 17.04 | 11.57 | 20.77 | 0 | 13.14 | 45.51 | 0 | 115.63 | -5.06 | 15.47 |
| 22Q2 (14) | 0.75 | -96.2 | 144.91 | 9.49 | 0 | 525.56 | 121.23 | 2529.72 | 0 | 9.58 | 0 | 0 | 9.03 | 5211.76 | 0 | 121.79 | 2643.02 | 0 |
| 22Q1 (13) | 19.73 | 1873.0 | 1677.48 | 0.00 | 0 | -100.0 | 4.61 | -94.91 | -94.38 | 0.00 | 0 | -100.0 | 0.17 | -39.29 | -99.51 | 4.44 | -95.09 | -95.61 |
| 21Q4 (12) | 1.00 | 9.89 | -36.71 | 0.00 | 0 | -100.0 | 90.62 | -9.51 | 57.44 | 0.00 | 0 | -100.0 | 0.28 | 0 | -99.1 | 90.34 | -9.79 | 34.1 |
| 21Q3 (11) | 0.91 | 154.49 | -41.29 | 0.00 | 100.0 | -100.0 | 100.14 | 0 | 70.16 | 0.00 | 0 | -100.0 | 0.00 | 0 | -100.0 | 100.14 | 0 | 49.42 |
| 21Q2 (10) | -1.67 | -250.45 | -194.89 | -2.23 | -231.95 | -201.36 | 0.00 | -100.0 | -100.0 | 0.00 | -100.0 | -100.0 | 0.00 | -100.0 | -100.0 | 0.00 | -100.0 | -100.0 |
| 21Q1 (9) | 1.11 | -29.75 | -39.67 | 1.69 | -24.22 | -18.36 | 82.04 | 42.53 | 66.21 | 53.99 | 32.23 | 23.04 | 34.84 | 12.35 | 20.51 | 101.19 | 50.2 | 57.32 |
| 20Q4 (8) | 1.58 | 1.94 | -9.2 | 2.23 | 8.25 | 5.69 | 57.56 | -2.19 | 10.37 | 40.83 | -7.48 | -5.49 | 31.01 | -13.77 | -10.45 | 67.37 | 0.52 | 10.95 |
| 20Q3 (7) | 1.55 | -11.93 | -25.84 | 2.06 | -6.36 | -28.97 | 58.85 | 13.74 | 35.35 | 44.13 | 6.65 | 40.41 | 35.96 | 43.04 | 10.85 | 67.02 | -1.43 | 57.77 |
| 20Q2 (6) | 1.76 | -4.35 | -7.37 | 2.20 | 6.28 | -34.33 | 51.74 | 4.82 | 7.86 | 41.38 | -5.7 | 52.47 | 25.14 | -13.04 | -32.26 | 67.99 | 5.71 | 78.97 |
| 20Q1 (5) | 1.84 | 5.75 | 8.88 | 2.07 | -1.9 | -49.64 | 49.36 | -5.35 | -8.06 | 43.88 | 1.57 | 98.1 | 28.91 | -16.52 | -5.12 | 64.32 | 5.93 | 41.77 |
| 19Q4 (4) | 1.74 | -16.75 | 0.0 | 2.11 | -27.24 | 0.0 | 52.15 | 19.94 | 0.0 | 43.20 | 37.45 | 0.0 | 34.63 | 6.75 | 0.0 | 60.72 | 42.94 | 0.0 |
| 19Q3 (3) | 2.09 | 10.0 | 0.0 | 2.90 | -13.43 | 0.0 | 43.48 | -9.36 | 0.0 | 31.43 | 15.81 | 0.0 | 32.44 | -12.58 | 0.0 | 42.48 | 11.82 | 0.0 |
| 19Q2 (2) | 1.90 | 12.43 | 0.0 | 3.35 | -18.49 | 0.0 | 47.97 | -10.65 | 0.0 | 27.14 | 22.53 | 0.0 | 37.11 | 21.79 | 0.0 | 37.99 | -16.27 | 0.0 |
| 19Q1 (1) | 1.69 | 0.0 | 0.0 | 4.11 | 0.0 | 0.0 | 53.69 | 0.0 | 0.0 | 22.15 | 0.0 | 0.0 | 30.47 | 0.0 | 0.0 | 45.37 | 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) | 5.30 | -62.28 | 17.47 | -21.2 | 68.93 | 165.22 | 20.90 | 26.97 | 9.33 | 43.1 | 80.50 | 124.05 |
| 2022 (9) | 14.05 | 1678.48 | 22.17 | 1152.54 | 25.99 | -94.39 | 16.46 | -92.0 | 6.52 | -94.91 | 35.93 | -93.35 |
| 2021 (8) | 0.79 | -85.66 | 1.77 | -76.56 | 462.97 | 599.24 | 205.80 | 325.73 | 128.12 | 288.12 | 540.65 | 563.13 |
| 2020 (7) | 5.51 | -27.97 | 7.55 | -36.93 | 66.21 | 38.69 | 48.34 | 58.49 | 33.01 | 25.32 | 81.53 | 57.09 |
| 2019 (6) | 7.65 | -52.92 | 11.97 | -43.93 | 47.74 | 112.56 | 30.50 | 78.36 | 26.34 | -18.65 | 51.90 | 622.84 |
| 2018 (5) | 16.25 | 174.96 | 21.35 | 53.05 | 22.46 | -63.61 | 17.10 | -34.66 | 32.38 | -51.54 | 7.18 | -65.91 |
| 2017 (4) | 5.91 | 93.14 | 13.95 | 230.57 | 61.72 | -48.17 | 26.17 | -69.73 | 66.82 | -64.8 | 21.06 | 33.97 |
| 2016 (3) | 3.06 | 0 | 4.22 | 0 | 119.09 | 0 | 86.46 | 0 | 189.84 | 0 | 15.72 | 0 |
