- 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) | 1.38 | 13.11 | -0.72 | 1.21 | 3.42 | 9.01 | 66.01 | -11.83 | 1.15 | 75.26 | -2.92 | -8.39 | 95.60 | -0.18 | 1.19 | 45.67 | -19.35 | -13.72 |
| 23Q3 (19) | 1.22 | 10.91 | 0.83 | 1.17 | 12.5 | 8.33 | 74.87 | -9.37 | -0.68 | 77.52 | -11.01 | -8.4 | 95.77 | -9.77 | -0.54 | 56.63 | -10.93 | -11.13 |
| 23Q2 (18) | 1.10 | 0.0 | 0.92 | 1.04 | -0.95 | -12.61 | 82.61 | 0.06 | -1.27 | 87.11 | 0.8 | 14.09 | 106.14 | 1.74 | 5.05 | 63.58 | -1.67 | 7.8 |
| 23Q1 (17) | 1.10 | -20.86 | -21.99 | 1.05 | -5.41 | -26.06 | 82.56 | 26.51 | 28.12 | 86.42 | 5.2 | 34.53 | 104.32 | 10.41 | 9.98 | 64.66 | 22.16 | 91.19 |
| 22Q4 (16) | 1.39 | 14.88 | -33.17 | 1.11 | 2.78 | -30.19 | 65.26 | -13.43 | 49.0 | 82.15 | -2.93 | 43.79 | 94.48 | -1.88 | 23.68 | 52.93 | -16.93 | 115.6 |
| 22Q3 (15) | 1.21 | 11.01 | -22.93 | 1.08 | -9.24 | -16.28 | 75.38 | -9.91 | 30.35 | 84.63 | 10.84 | 20.08 | 96.29 | -4.7 | 26.75 | 63.72 | 8.04 | 21.74 |
| 22Q2 (14) | 1.09 | -22.7 | -1.8 | 1.19 | -16.2 | 17.82 | 83.67 | 29.84 | 2.37 | 76.35 | 18.85 | -15.46 | 101.04 | 6.53 | 15.98 | 58.98 | 74.39 | -30.55 |
| 22Q1 (13) | 1.41 | -32.21 | 6.02 | 1.42 | -10.69 | 29.09 | 64.44 | 47.12 | -5.67 | 64.24 | 12.45 | -22.42 | 94.85 | 24.17 | 10.78 | 33.82 | 37.76 | -48.35 |
| 21Q4 (12) | 2.08 | 32.48 | 41.5 | 1.59 | 23.26 | 32.5 | 43.80 | -24.26 | -29.35 | 57.13 | -18.94 | -24.67 | 76.39 | 0.55 | 5.44 | 24.55 | -53.1 | -62.46 |
| 21Q3 (11) | 1.57 | 41.44 | 11.35 | 1.29 | 27.72 | 6.61 | 57.83 | -29.24 | -10.47 | 70.48 | -21.96 | -6.4 | 75.97 | -12.8 | 17.24 | 52.34 | -38.37 | -30.3 |
| 21Q2 (10) | 1.11 | -16.54 | -15.91 | 1.01 | -8.18 | 0.0 | 81.73 | 19.65 | 19.0 | 90.31 | 9.07 | 0.53 | 87.12 | 1.75 | 13.88 | 84.92 | 29.69 | 3.56 |
| 21Q1 (9) | 1.33 | -9.52 | 3.91 | 1.10 | -8.33 | 22.22 | 68.31 | 10.18 | -3.68 | 82.80 | 9.18 | -18.41 | 85.62 | 18.18 | -9.27 | 65.48 | 0.14 | -16.09 |
| 20Q4 (8) | 1.47 | 4.26 | 6.52 | 1.20 | -0.83 | -6.98 | 62.00 | -4.01 | -6.22 | 75.84 | 0.72 | 7.41 | 72.45 | 11.81 | -11.75 | 65.39 | -12.92 | 19.7 |
| 20Q3 (7) | 1.41 | 6.82 | 10.16 | 1.21 | 19.8 | -24.84 | 64.59 | -5.96 | -9.07 | 75.30 | -16.17 | 33.44 | 64.80 | -15.29 | -8.24 | 75.09 | -8.43 | 32.11 |
| 20Q2 (6) | 1.32 | 3.13 | 6.45 | 1.01 | 12.22 | -38.04 | 68.68 | -3.16 | -6.24 | 89.83 | -11.48 | 60.61 | 76.50 | -18.94 | 12.87 | 82.00 | 5.07 | 33.53 |
| 20Q1 (5) | 1.28 | -7.25 | 21.9 | 0.90 | -30.23 | -46.11 | 70.92 | 7.28 | -18.37 | 101.48 | 43.72 | 86.34 | 94.37 | 14.95 | 14.55 | 78.04 | 42.85 | 32.38 |
| 19Q4 (4) | 1.38 | 7.81 | 0.0 | 1.29 | -19.88 | 0.0 | 66.11 | -6.93 | 0.0 | 70.61 | 25.13 | 0.0 | 82.10 | 16.26 | 0.0 | 54.63 | -3.89 | 0.0 |
| 19Q3 (3) | 1.28 | 3.23 | 0.0 | 1.61 | -1.23 | 0.0 | 71.03 | -3.03 | 0.0 | 56.43 | 0.89 | 0.0 | 70.62 | 4.19 | 0.0 | 56.84 | -7.44 | 0.0 |
| 19Q2 (2) | 1.24 | 18.1 | 0.0 | 1.63 | -2.4 | 0.0 | 73.25 | -15.69 | 0.0 | 55.93 | 2.7 | 0.0 | 67.78 | -17.72 | 0.0 | 61.41 | 4.17 | 0.0 |
| 19Q1 (1) | 1.05 | 0.0 | 0.0 | 1.67 | 0.0 | 0.0 | 86.88 | 0.0 | 0.0 | 54.46 | 0.0 | 0.0 | 82.38 | 0.0 | 0.0 | 58.95 | 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) | 4.95 | -7.99 | 4.25 | -10.15 | 73.73 | 8.73 | 85.84 | 11.21 | 106.04 | 4.46 | 53.52 | 23.03 |
| 2022 (9) | 5.38 | -12.8 | 4.73 | -4.06 | 67.81 | 14.56 | 77.19 | 4.3 | 101.51 | 8.81 | 43.50 | 9.0 |
| 2021 (8) | 6.17 | 3.87 | 4.93 | 9.8 | 59.19 | -3.63 | 74.01 | -9.06 | 93.29 | 8.59 | 39.91 | -29.85 |
| 2020 (7) | 5.94 | 30.26 | 4.49 | -11.26 | 61.42 | -23.25 | 81.38 | 12.78 | 85.91 | -7.15 | 56.89 | -4.66 |
| 2019 (6) | 4.56 | 11.76 | 5.06 | -27.4 | 80.03 | -10.48 | 72.16 | 37.76 | 92.53 | 19.61 | 59.67 | -7.36 |
| 2018 (5) | 4.08 | -16.39 | 6.97 | 19.97 | 89.40 | 19.44 | 52.38 | -16.67 | 77.36 | 1.26 | 64.41 | 5.06 |
| 2017 (4) | 4.88 | -0.81 | 5.81 | 19.06 | 74.85 | 0.79 | 62.86 | -15.9 | 76.40 | -7.76 | 61.31 | -7.33 |
| 2016 (3) | 4.92 | 3.36 | 4.88 | 1.04 | 74.26 | -3.14 | 74.74 | -1.07 | 82.83 | 7.52 | 66.16 | -12.0 |
| 2015 (2) | 4.76 | -2.86 | 4.83 | -4.92 | 76.67 | 2.93 | 75.55 | 5.08 | 77.04 | -10.7 | 75.18 | 25.03 |
| 2014 (1) | 4.90 | -4.3 | 5.08 | -10.72 | 74.49 | 4.44 | 71.90 | 12.13 | 86.27 | 8.69 | 60.13 | 7.24 |
