- 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) | 3.74 | 16.51 | -13.43 | 1.13 | 5.61 | -36.52 | 24.33 | -14.3 | 15.42 | 80.73 | -5.25 | 57.68 | 55.51 | -15.03 | 1.37 | 49.54 | 2.65 | 182.92 |
| 23Q3 (19) | 3.21 | -2.43 | -4.75 | 1.07 | -23.57 | -24.65 | 28.39 | 2.53 | 5.19 | 85.20 | 31.24 | 32.83 | 65.33 | 12.27 | 10.34 | 48.26 | 40.25 | 51.19 |
| 23Q2 (18) | 3.29 | 4.44 | -16.71 | 1.40 | 11.11 | -23.5 | 27.69 | -4.19 | 20.13 | 64.92 | -10.0 | 30.49 | 58.19 | -22.73 | 39.61 | 34.41 | 33.79 | 10.54 |
| 23Q1 (17) | 3.15 | -27.08 | -9.22 | 1.26 | -29.21 | 12.5 | 28.90 | 37.1 | 10.35 | 72.13 | 40.88 | -11.22 | 75.31 | 37.53 | 13.28 | 25.72 | 46.89 | -37.21 |
| 22Q4 (16) | 4.32 | 28.19 | -3.57 | 1.78 | 25.35 | 28.06 | 21.08 | -21.9 | 3.79 | 51.20 | -20.17 | -21.94 | 54.76 | -7.52 | -18.6 | 17.51 | -45.14 | -6.06 |
| 22Q3 (15) | 3.37 | -14.68 | 18.66 | 1.42 | -22.4 | 26.79 | 26.99 | 17.09 | -15.74 | 64.14 | 28.92 | -20.83 | 59.21 | 42.06 | -41.96 | 31.92 | 2.54 | 189.13 |
| 22Q2 (14) | 3.95 | 13.83 | 57.37 | 1.83 | 63.39 | 44.09 | 23.05 | -11.99 | -36.48 | 49.75 | -38.77 | -30.37 | 41.68 | -37.3 | -51.76 | 31.13 | -24.0 | 45.94 |
| 22Q1 (13) | 3.47 | -22.54 | 32.44 | 1.12 | -19.42 | 1.82 | 26.19 | 28.95 | -24.5 | 81.25 | 23.88 | -1.56 | 66.48 | -1.17 | -38.64 | 40.96 | 119.74 | 360.74 |
| 21Q4 (12) | 4.48 | 57.75 | 36.17 | 1.39 | 24.11 | -4.14 | 20.31 | -36.59 | -26.55 | 65.59 | -19.04 | 4.81 | 67.27 | -34.06 | -25.26 | 18.64 | 68.84 | 8372.73 |
| 21Q3 (11) | 2.84 | 13.15 | 4.8 | 1.12 | -11.81 | -13.18 | 32.03 | -11.74 | -4.73 | 81.02 | 13.39 | 14.69 | 102.01 | 18.05 | -6.18 | 11.04 | -48.24 | 346.98 |
| 21Q2 (10) | 2.51 | -4.2 | -6.34 | 1.27 | 15.45 | -18.06 | 36.29 | 4.61 | 6.92 | 71.45 | -13.44 | 21.58 | 86.41 | -20.24 | -10.03 | 21.33 | 139.93 | 740.54 |
| 21Q1 (9) | 2.62 | -20.36 | 25.36 | 1.10 | -24.14 | -19.12 | 34.69 | 25.46 | -20.42 | 82.54 | 31.9 | 23.29 | 108.34 | 20.36 | -0.04 | 8.89 | 3940.91 | 309.68 |
| 20Q4 (8) | 3.29 | 21.4 | 75.0 | 1.45 | 12.4 | 0.69 | 27.65 | -17.76 | -42.8 | 62.58 | -11.41 | -1.31 | 90.01 | -17.22 | -15.83 | 0.22 | 104.92 | -95.44 |
| 20Q3 (7) | 2.71 | 1.12 | 74.84 | 1.29 | -16.77 | -1.53 | 33.62 | -0.94 | -42.71 | 70.64 | 20.2 | 1.31 | 108.73 | 13.21 | -2.41 | -4.47 | -34.23 | -126.31 |
| 20Q2 (6) | 2.68 | 28.23 | 60.48 | 1.55 | 13.97 | 17.42 | 33.94 | -22.14 | -37.87 | 58.77 | -12.22 | -14.65 | 96.04 | -11.39 | -14.09 | -3.33 | -253.46 | -128.44 |
| 20Q1 (5) | 2.09 | 11.17 | 22.22 | 1.36 | -5.56 | -4.23 | 43.59 | -9.83 | -18.26 | 66.95 | 5.58 | 4.67 | 108.38 | 1.35 | -0.29 | 2.17 | -54.98 | -74.74 |
| 19Q4 (4) | 1.88 | 21.29 | 0.0 | 1.44 | 9.92 | 0.0 | 48.34 | -17.62 | 0.0 | 63.41 | -9.06 | 0.0 | 106.94 | -4.02 | 0.0 | 4.82 | -71.63 | 0.0 |
| 19Q3 (3) | 1.55 | -7.19 | 0.0 | 1.31 | -0.76 | 0.0 | 58.68 | 7.41 | 0.0 | 69.73 | 1.26 | 0.0 | 111.42 | -0.33 | 0.0 | 16.99 | 45.09 | 0.0 |
| 19Q2 (2) | 1.67 | -2.34 | 0.0 | 1.32 | -7.04 | 0.0 | 54.63 | 2.44 | 0.0 | 68.86 | 7.66 | 0.0 | 111.79 | 2.84 | 0.0 | 11.71 | 36.32 | 0.0 |
| 19Q1 (1) | 1.71 | 0.0 | 0.0 | 1.42 | 0.0 | 0.0 | 53.33 | 0.0 | 0.0 | 63.96 | 0.0 | 0.0 | 108.70 | 0.0 | 0.0 | 8.59 | 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) | 14.04 | -5.26 | 4.60 | -16.21 | 25.99 | 5.56 | 79.27 | 19.29 | 62.72 | -5.92 | 42.55 | 74.39 |
| 2022 (9) | 14.82 | 10.51 | 5.49 | 14.14 | 24.62 | -9.52 | 66.45 | -12.46 | 66.67 | -22.78 | 24.40 | 45.32 |
| 2021 (8) | 13.41 | 21.25 | 4.81 | -15.76 | 27.21 | -17.55 | 75.91 | 18.78 | 86.34 | -15.68 | 16.79 | 0 |
| 2020 (7) | 11.06 | 45.53 | 5.71 | 0.35 | 33.00 | -31.31 | 63.91 | -0.36 | 102.40 | -7.06 | -5.48 | 0 |
| 2019 (6) | 7.60 | -0.78 | 5.69 | -13.13 | 48.04 | 0.82 | 64.14 | 15.05 | 110.18 | -3.93 | 2.00 | 0 |
| 2018 (5) | 7.66 | 10.69 | 6.55 | 11.58 | 47.65 | -9.65 | 55.75 | -10.27 | 114.69 | -0.68 | -11.29 | 0 |
| 2017 (4) | 6.92 | 6.63 | 5.87 | 20.29 | 52.74 | -6.21 | 62.13 | -16.88 | 115.48 | -11.39 | -0.61 | 0 |
| 2016 (3) | 6.49 | 0 | 4.88 | 0 | 56.23 | 0 | 74.75 | 0 | 130.33 | 0 | 0.64 | 0 |
