- 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) | 3.20 | -1.23 | 20.75 | 4.08 | 12.4 | -24.86 | 28.43 | 1.07 | -17.31 | 22.31 | -10.9 | 33.04 | 29.87 | 7.21 | 13.44 | 20.87 | -17.54 | -15.91 |
| 23Q3 (19) | 3.24 | 26.07 | 8.0 | 3.63 | -26.52 | -18.06 | 28.13 | -20.69 | -7.25 | 25.04 | 35.94 | 21.91 | 27.86 | 3.22 | -15.91 | 25.31 | -5.91 | 42.67 |
| 23Q2 (18) | 2.57 | 19.53 | -17.1 | 4.94 | 10.76 | -8.35 | 35.47 | -16.11 | 20.85 | 18.42 | -9.79 | 9.19 | 26.99 | -28.03 | -12.06 | 26.90 | 6.75 | 73.1 |
| 23Q1 (17) | 2.15 | -18.87 | -31.96 | 4.46 | -17.86 | -21.89 | 42.28 | 22.98 | 46.86 | 20.42 | 21.77 | 28.11 | 37.50 | 42.42 | 51.7 | 25.20 | 1.53 | 25.87 |
| 22Q4 (16) | 2.65 | -11.67 | -9.25 | 5.43 | 22.57 | 6.68 | 34.38 | 13.35 | 10.33 | 16.77 | -18.35 | -6.16 | 26.33 | -20.53 | -6.8 | 24.82 | 39.91 | 19.38 |
| 22Q3 (15) | 3.00 | -3.23 | -2.6 | 4.43 | -17.81 | -43.57 | 30.33 | 3.34 | 2.54 | 20.54 | 21.75 | 77.22 | 33.13 | 7.95 | 28.11 | 17.74 | 14.16 | 15.87 |
| 22Q2 (14) | 3.10 | -1.9 | -19.69 | 5.39 | -5.6 | -5.77 | 29.35 | 1.95 | 24.63 | 16.87 | 5.83 | 6.03 | 30.69 | 24.15 | 36.46 | 15.54 | -22.38 | -8.37 |
| 22Q1 (13) | 3.16 | 8.22 | 14.91 | 5.71 | 12.18 | 65.51 | 28.79 | -7.61 | -12.94 | 15.94 | -10.8 | -39.62 | 24.72 | -12.5 | -27.55 | 20.02 | -3.7 | -21.03 |
| 21Q4 (12) | 2.92 | -5.19 | -12.57 | 5.09 | -35.16 | -13.58 | 31.16 | 5.34 | 14.31 | 17.87 | 54.18 | 15.59 | 28.25 | 9.24 | -4.82 | 20.79 | 35.79 | 59.55 |
| 21Q3 (11) | 3.08 | -20.21 | 1.32 | 7.85 | 37.24 | 37.96 | 29.58 | 25.61 | -1.24 | 11.59 | -27.15 | -27.61 | 25.86 | 14.98 | -7.81 | 15.31 | -9.73 | -14.52 |
| 21Q2 (10) | 3.86 | 40.36 | 10.6 | 5.72 | 65.8 | 16.73 | 23.55 | -28.79 | -9.74 | 15.91 | -39.73 | -14.37 | 22.49 | -34.09 | -22.5 | 16.96 | -33.1 | 8.37 |
| 21Q1 (9) | 2.75 | -17.66 | 3.38 | 3.45 | -41.43 | -35.75 | 33.07 | 21.31 | -3.19 | 26.40 | 70.76 | 55.75 | 34.12 | 14.96 | -5.82 | 25.35 | 94.55 | 70.36 |
| 20Q4 (8) | 3.34 | 9.87 | 14.78 | 5.89 | 3.51 | -13.51 | 27.26 | -8.98 | -12.94 | 15.46 | -3.44 | 15.63 | 29.68 | 5.81 | -19.74 | 13.03 | -27.25 | 69.22 |
| 20Q3 (7) | 3.04 | -12.89 | 5.19 | 5.69 | 16.12 | -20.2 | 29.95 | 14.79 | -5.01 | 16.01 | -13.83 | 25.47 | 28.05 | -3.34 | -20.79 | 17.91 | 14.44 | 101.92 |
| 20Q2 (6) | 3.49 | 31.2 | 12.94 | 4.90 | -8.75 | -16.24 | 26.09 | -23.62 | -11.53 | 18.58 | 9.62 | 19.41 | 29.02 | -19.9 | -12.06 | 15.65 | 5.17 | 29.88 |
| 20Q1 (5) | 2.66 | -8.59 | -13.07 | 5.37 | -21.15 | 36.29 | 34.16 | 9.1 | 14.75 | 16.95 | 26.78 | -26.66 | 36.23 | -2.03 | -11.11 | 14.88 | 93.25 | 22.77 |
| 19Q4 (4) | 2.91 | 0.69 | 0.0 | 6.81 | -4.49 | 0.0 | 31.31 | -0.7 | 0.0 | 13.37 | 4.78 | 0.0 | 36.98 | 4.43 | 0.0 | 7.70 | -13.19 | 0.0 |
| 19Q3 (3) | 2.89 | -6.47 | 0.0 | 7.13 | 21.88 | 0.0 | 31.53 | 6.92 | 0.0 | 12.76 | -17.99 | 0.0 | 35.41 | 7.3 | 0.0 | 8.87 | -26.39 | 0.0 |
| 19Q2 (2) | 3.09 | 0.98 | 0.0 | 5.85 | 48.48 | 0.0 | 29.49 | -0.94 | 0.0 | 15.56 | -32.67 | 0.0 | 33.00 | -19.04 | 0.0 | 12.05 | -0.58 | 0.0 |
| 19Q1 (1) | 3.06 | 0.0 | 0.0 | 3.94 | 0.0 | 0.0 | 29.77 | 0.0 | 0.0 | 23.11 | 0.0 | 0.0 | 40.76 | 0.0 | 0.0 | 12.12 | 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) | 10.62 | -21.8 | 15.31 | -18.95 | 34.36 | 27.83 | 23.85 | 23.45 | 34.98 | 34.85 | 23.23 | 14.66 |
| 2022 (9) | 13.58 | 4.06 | 18.89 | 2.61 | 26.88 | -3.93 | 19.32 | -2.52 | 25.94 | -7.32 | 20.26 | 2.27 |
| 2021 (8) | 13.05 | 39.27 | 18.41 | 1.99 | 27.98 | -28.2 | 19.82 | -1.98 | 27.99 | -37.21 | 19.81 | 35.59 |
| 2020 (7) | 9.37 | -30.9 | 18.05 | -4.7 | 38.97 | 44.76 | 20.22 | 4.93 | 44.58 | 12.63 | 14.61 | 120.69 |
| 2019 (6) | 13.56 | 0.44 | 18.94 | -2.12 | 26.92 | -0.44 | 19.27 | 2.17 | 39.58 | 20.78 | 6.62 | -49.58 |
| 2018 (5) | 13.50 | 7.57 | 19.35 | -8.64 | 27.04 | -7.05 | 18.86 | 9.46 | 32.77 | -20.19 | 13.13 | 149.62 |
| 2017 (4) | 12.55 | -23.48 | 21.18 | 20.2 | 29.09 | 30.68 | 17.23 | -16.8 | 41.06 | -15.44 | 5.26 | 0 |
| 2016 (3) | 16.40 | -19.61 | 17.62 | -3.72 | 22.26 | 24.43 | 20.71 | 3.86 | 48.56 | 55.0 | -5.59 | 0 |
| 2015 (2) | 20.40 | 21.14 | 18.30 | -5.86 | 17.89 | -17.44 | 19.94 | 6.23 | 31.33 | 21.25 | 6.50 | -55.51 |
| 2014 (1) | 16.84 | 16.86 | 19.44 | 34.63 | 21.67 | -14.48 | 18.77 | -25.72 | 25.84 | 0.66 | 14.61 | -41.42 |
