- 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) | 1.63 | -2.98 | 13.19 | 1.03 | 0.0 | 1.98 | 55.99 | 3.32 | -11.21 | 88.53 | 0.37 | -1.73 | 49.77 | 17.05 | 6.96 | 94.75 | -5.13 | -11.12 |
| 23Q3 (19) | 1.68 | 7.69 | 7.01 | 1.03 | 4.04 | 1.98 | 54.19 | -7.27 | -6.47 | 88.20 | -4.16 | -1.99 | 42.52 | 10.93 | 9.42 | 99.87 | -10.94 | -8.43 |
| 23Q2 (18) | 1.56 | 6.12 | 9.09 | 0.99 | 4.21 | 8.79 | 58.44 | -5.57 | -7.91 | 92.03 | -4.1 | -7.78 | 38.33 | -18.2 | -15.72 | 112.14 | 1.04 | -4.79 |
| 23Q1 (17) | 1.47 | 2.08 | -3.92 | 0.95 | -5.94 | -5.0 | 61.89 | -1.86 | 3.89 | 95.96 | 6.52 | 5.13 | 46.86 | 0.71 | 2.07 | 110.99 | 4.11 | 5.78 |
| 22Q4 (16) | 1.44 | -8.28 | 0.7 | 1.01 | 0.0 | 10.99 | 63.06 | 8.84 | -1.1 | 90.09 | 0.11 | -10.06 | 46.53 | 19.74 | 2.26 | 106.61 | -2.26 | -9.98 |
| 22Q3 (15) | 1.57 | 9.79 | 15.44 | 1.01 | 10.99 | 6.32 | 57.94 | -8.7 | -13.35 | 89.99 | -9.82 | -6.05 | 38.86 | -14.56 | -6.52 | 109.07 | -7.4 | -9.92 |
| 22Q2 (14) | 1.43 | -6.54 | -3.38 | 0.91 | -9.0 | -15.74 | 63.46 | 6.53 | 3.27 | 99.79 | 9.32 | 18.59 | 45.48 | -0.94 | 1.95 | 117.78 | 12.25 | 16.63 |
| 22Q1 (13) | 1.53 | 6.99 | -2.55 | 1.00 | 9.89 | -22.48 | 59.57 | -6.57 | 3.03 | 91.28 | -8.87 | 29.57 | 45.91 | 0.9 | 4.1 | 104.93 | -11.4 | 24.66 |
| 21Q4 (12) | 1.43 | 5.15 | -15.38 | 0.91 | -4.21 | -32.59 | 63.76 | -4.65 | 18.56 | 100.17 | 4.58 | 48.05 | 45.50 | 9.45 | 20.56 | 118.43 | -2.19 | 41.51 |
| 21Q3 (11) | 1.36 | -8.11 | -18.07 | 0.95 | -12.04 | -13.64 | 66.87 | 8.82 | 22.05 | 95.78 | 13.82 | 15.3 | 41.57 | -6.81 | 48.84 | 121.08 | 19.89 | 10.14 |
| 21Q2 (10) | 1.48 | -5.73 | 17.46 | 1.08 | -16.28 | 38.46 | 61.45 | 6.28 | -14.74 | 84.15 | 19.45 | -27.77 | 44.61 | 1.16 | 11.27 | 100.99 | 19.98 | -31.99 |
| 21Q1 (9) | 1.57 | -7.1 | -1.26 | 1.29 | -4.44 | 21.7 | 57.82 | 7.51 | 0.91 | 70.45 | 4.12 | -17.66 | 44.10 | 16.85 | 12.33 | 84.17 | 0.57 | -18.75 |
| 20Q4 (8) | 1.69 | 1.81 | -1.74 | 1.35 | 22.73 | 13.45 | 53.78 | -1.84 | 1.45 | 67.66 | -18.55 | -11.22 | 37.74 | 35.12 | 1.07 | 83.69 | -23.87 | -8.9 |
| 20Q3 (7) | 1.66 | 31.75 | -0.6 | 1.10 | 41.03 | 0.92 | 54.79 | -23.98 | 0.46 | 83.07 | -28.7 | -0.42 | 27.93 | -30.33 | -37.24 | 109.93 | -25.97 | 17.61 |
| 20Q2 (6) | 1.26 | -20.75 | -25.0 | 0.78 | -26.42 | -25.0 | 72.07 | 25.78 | 33.14 | 116.50 | 36.16 | 33.72 | 40.09 | 2.11 | -18.94 | 148.49 | 43.34 | 61.77 |
| 20Q1 (5) | 1.59 | -7.56 | 1.27 | 1.06 | -10.92 | -0.93 | 57.30 | 8.09 | -0.97 | 85.56 | 12.27 | 0.43 | 39.26 | 5.14 | -22.4 | 103.59 | 12.76 | 12.05 |
| 19Q4 (4) | 1.72 | 2.99 | 0.0 | 1.19 | 9.17 | 0.0 | 53.01 | -2.81 | 0.0 | 76.21 | -8.64 | 0.0 | 37.34 | -16.09 | 0.0 | 91.87 | -1.71 | 0.0 |
| 19Q3 (3) | 1.67 | -0.6 | 0.0 | 1.09 | 4.81 | 0.0 | 54.54 | 0.76 | 0.0 | 83.42 | -4.25 | 0.0 | 44.50 | -10.03 | 0.0 | 93.47 | 1.83 | 0.0 |
| 19Q2 (2) | 1.68 | 7.01 | 0.0 | 1.04 | -2.8 | 0.0 | 54.13 | -6.45 | 0.0 | 87.12 | 2.27 | 0.0 | 49.46 | -2.23 | 0.0 | 91.79 | -0.71 | 0.0 |
| 19Q1 (1) | 1.57 | 0.0 | 0.0 | 1.07 | 0.0 | 0.0 | 57.86 | 0.0 | 0.0 | 85.19 | 0.0 | 0.0 | 50.59 | 0.0 | 0.0 | 92.45 | 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) | 6.14 | 4.42 | 4.23 | 8.46 | 59.41 | -4.33 | 86.21 | -7.91 | 50.34 | -1.81 | 95.29 | -8.76 |
| 2022 (9) | 5.88 | -5.92 | 3.90 | -11.36 | 62.10 | 6.26 | 93.61 | 12.84 | 51.27 | 8.35 | 104.44 | 11.02 |
| 2021 (8) | 6.25 | 20.66 | 4.40 | 1.85 | 58.44 | -17.0 | 82.96 | -1.89 | 47.32 | -1.09 | 94.07 | -12.18 |
| 2020 (7) | 5.18 | -11.75 | 4.32 | -0.46 | 70.41 | 13.16 | 84.56 | 0.45 | 47.84 | 3.24 | 107.12 | 7.06 |
| 2019 (6) | 5.87 | -9.41 | 4.34 | -12.15 | 62.22 | 10.4 | 84.18 | 13.83 | 46.34 | -5.56 | 100.06 | 23.15 |
| 2018 (5) | 6.48 | -2.11 | 4.94 | -9.36 | 56.36 | 2.21 | 73.95 | 10.39 | 49.07 | -2.91 | 81.25 | 13.49 |
| 2017 (4) | 6.62 | 11.82 | 5.45 | 1.11 | 55.14 | -10.56 | 66.99 | -1.08 | 50.54 | 12.24 | 71.59 | -15.12 |
| 2016 (3) | 5.92 | -2.47 | 5.39 | 15.17 | 61.65 | 2.48 | 67.72 | -13.15 | 45.03 | 41.25 | 84.34 | -20.62 |
| 2015 (2) | 6.07 | -6.18 | 4.68 | 4.93 | 60.16 | 6.59 | 77.97 | -4.67 | 31.88 | 1.27 | 106.25 | -0.46 |
| 2014 (1) | 6.47 | 4.69 | 4.46 | -24.41 | 56.44 | -4.47 | 81.79 | 32.3 | 31.48 | -24.27 | 106.74 | 34.55 |
