- 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) | 1.28 | 2.4 | 8.47 | 1.11 | 9.9 | 18.09 | 71.22 | -2.53 | -7.81 | 81.75 | -9.58 | -15.42 | 34.37 | -13.56 | -16.86 | 118.60 | -4.14 | -10.53 |
| 23Q3 (19) | 1.25 | -5.3 | 7.76 | 1.01 | 1.0 | 5.21 | 73.07 | 5.73 | -6.91 | 90.41 | -0.22 | -4.25 | 39.76 | 8.66 | -19.12 | 123.72 | 0.48 | -0.02 |
| 23Q2 (18) | 1.32 | 12.82 | 8.2 | 1.00 | 11.11 | -3.85 | 69.11 | -10.84 | -7.55 | 90.61 | -10.74 | 3.74 | 36.59 | -1.48 | -27.17 | 123.13 | -13.22 | 10.08 |
| 23Q1 (17) | 1.17 | -0.85 | -6.4 | 0.90 | -4.26 | -17.43 | 77.51 | 0.34 | 6.4 | 101.51 | 5.03 | 21.18 | 37.14 | -10.16 | -25.14 | 141.88 | 7.03 | 32.59 |
| 22Q4 (16) | 1.18 | 1.72 | -10.61 | 0.94 | -2.08 | -18.26 | 77.25 | -1.58 | 12.23 | 96.65 | 2.36 | 22.2 | 41.34 | -15.91 | -17.45 | 132.56 | 7.12 | 35.47 |
| 22Q3 (15) | 1.16 | -4.92 | -10.08 | 0.96 | -7.69 | -22.58 | 78.49 | 5.0 | 11.21 | 94.42 | 8.11 | 28.55 | 49.16 | -2.15 | 0.16 | 123.75 | 10.64 | 30.33 |
| 22Q2 (14) | 1.22 | -2.4 | -7.58 | 1.04 | -4.59 | -24.64 | 74.75 | 2.61 | 8.05 | 87.34 | 4.26 | 32.35 | 50.24 | 1.27 | 8.58 | 111.85 | 4.52 | 25.82 |
| 22Q1 (13) | 1.25 | -5.3 | -0.79 | 1.09 | -5.22 | -24.31 | 72.85 | 5.84 | 0.93 | 83.77 | 5.92 | 32.99 | 49.61 | -0.94 | 5.4 | 107.01 | 9.36 | 21.46 |
| 21Q4 (12) | 1.32 | 2.33 | 0.0 | 1.15 | -7.26 | -25.32 | 68.83 | -2.48 | -0.29 | 79.09 | 7.68 | 33.87 | 50.08 | 2.04 | 11.49 | 97.85 | 3.05 | 17.62 |
| 21Q3 (11) | 1.29 | -2.27 | 5.74 | 1.24 | -10.14 | -15.65 | 70.58 | 2.02 | -5.11 | 73.45 | 11.3 | 18.76 | 49.08 | 6.07 | 1.36 | 94.95 | 6.81 | 8.13 |
| 21Q2 (10) | 1.32 | 4.76 | -0.75 | 1.38 | -4.17 | -9.8 | 69.18 | -4.16 | 0.76 | 65.99 | 4.76 | 11.19 | 46.27 | -1.7 | -0.77 | 88.90 | 0.91 | 9.25 |
| 21Q1 (9) | 1.26 | -4.55 | 8.62 | 1.44 | -6.49 | 5.11 | 72.18 | 4.56 | -8.03 | 62.99 | 6.62 | -5.16 | 47.07 | 4.79 | -13.65 | 88.10 | 5.9 | -2.53 |
| 20Q4 (8) | 1.32 | 8.2 | 10.0 | 1.54 | 4.76 | 0.0 | 69.03 | -7.19 | -9.31 | 59.08 | -4.48 | -0.1 | 44.92 | -7.23 | -13.55 | 83.19 | -5.26 | -0.13 |
| 20Q3 (7) | 1.22 | -8.27 | -0.81 | 1.47 | -3.92 | -8.7 | 74.38 | 8.33 | 0.27 | 61.85 | 4.21 | 9.29 | 48.42 | 3.84 | 4.13 | 87.81 | 7.91 | 4.2 |
| 20Q2 (6) | 1.33 | 14.66 | 9.92 | 1.53 | 11.68 | 3.38 | 68.66 | -12.51 | -8.82 | 59.35 | -10.64 | -3.75 | 46.63 | -14.46 | 2.46 | 81.37 | -9.98 | -11.01 |
| 20Q1 (5) | 1.16 | -3.33 | 0.0 | 1.37 | -11.04 | 3.79 | 78.48 | 3.1 | 0.33 | 66.42 | 12.31 | -3.99 | 54.51 | 4.91 | 11.22 | 90.39 | 8.51 | -8.13 |
| 19Q4 (4) | 1.20 | -2.44 | 0.0 | 1.54 | -4.35 | 0.0 | 76.12 | 2.62 | 0.0 | 59.14 | 4.51 | 0.0 | 51.96 | 11.74 | 0.0 | 83.30 | -1.15 | 0.0 |
| 19Q3 (3) | 1.23 | 1.65 | 0.0 | 1.61 | 8.78 | 0.0 | 74.18 | -1.49 | 0.0 | 56.59 | -8.22 | 0.0 | 46.50 | 2.18 | 0.0 | 84.27 | -7.84 | 0.0 |
| 19Q2 (2) | 1.21 | 4.31 | 0.0 | 1.48 | 12.12 | 0.0 | 75.30 | -3.73 | 0.0 | 61.66 | -10.87 | 0.0 | 45.51 | -7.14 | 0.0 | 91.44 | -7.06 | 0.0 |
| 19Q1 (1) | 1.16 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 78.22 | 0.0 | 0.0 | 69.18 | 0.0 | 0.0 | 49.01 | 0.0 | 0.0 | 98.39 | 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) | 4.77 | -10.34 | 4.09 | -5.32 | 76.58 | 11.67 | 89.16 | 5.5 | 35.83 | -13.48 | 129.91 | 16.32 |
| 2022 (9) | 5.32 | 3.3 | 4.32 | -16.44 | 68.58 | -3.33 | 84.51 | 19.67 | 41.41 | -12.78 | 111.68 | 18.71 |
| 2021 (8) | 5.15 | 9.57 | 5.17 | -10.24 | 70.94 | -8.63 | 70.62 | 11.51 | 47.48 | -9.09 | 94.08 | 6.02 |
| 2020 (7) | 4.70 | -0.84 | 5.76 | 1.59 | 77.64 | 0.9 | 63.33 | -1.71 | 52.23 | 2.19 | 88.74 | -1.68 |
| 2019 (6) | 4.74 | -9.2 | 5.67 | -4.06 | 76.95 | 9.99 | 64.43 | 4.26 | 51.11 | 13.1 | 90.26 | 4.25 |
| 2018 (5) | 5.22 | -18.31 | 5.91 | -34.26 | 69.96 | 22.54 | 61.80 | 52.22 | 45.19 | 31.9 | 86.58 | 36.5 |
| 2017 (4) | 6.39 | 26.04 | 8.99 | -57.41 | 57.09 | -20.73 | 40.60 | 134.82 | 34.26 | 26.61 | 63.43 | 1.9 |
| 2016 (3) | 5.07 | 37.77 | 21.11 | 285.92 | 72.02 | -27.47 | 17.29 | -74.09 | 27.06 | -37.95 | 62.25 | -49.15 |
| 2015 (2) | 3.68 | -55.34 | 5.47 | -30.14 | 99.29 | 124.08 | 66.74 | 43.22 | 43.61 | 21.95 | 122.42 | 121.98 |
| 2014 (1) | 8.24 | -55.17 | 7.83 | -35.98 | 44.31 | 123.11 | 46.60 | 56.17 | 35.76 | -10.13 | 55.15 | 456.51 |
