- 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) | 7.38 | -14.09 | 172.32 | 0.02 | -33.33 | 100.0 | 12.33 | 16.32 | -63.23 | 5211.57 | 68.04 | -24.96 | 61.40 | 75.98 | -32.43 | 5162.49 | 67.77 | -25.05 |
| 23Q3 (19) | 8.59 | -61.01 | 259.41 | 0.03 | -57.14 | 50.0 | 10.60 | 156.66 | -72.11 | 3101.42 | 148.83 | -40.77 | 34.89 | 43.64 | -5.45 | 3077.13 | 150.94 | -41.25 |
| 23Q2 (18) | 22.03 | 597.15 | 442.61 | 0.07 | 600.0 | 75.0 | 4.13 | -85.64 | -81.55 | 1246.40 | -87.21 | -48.18 | 24.29 | -87.34 | 114.01 | 1226.24 | -87.2 | -49.25 |
| 23Q1 (17) | 3.16 | 16.61 | 79.55 | 0.01 | 0.0 | -50.0 | 28.76 | -14.23 | -44.23 | 9746.65 | 40.33 | 115.54 | 191.81 | 111.08 | 873.65 | 9583.60 | 39.13 | 110.45 |
| 22Q4 (16) | 2.71 | 13.39 | -8.14 | 0.01 | -50.0 | -80.0 | 33.53 | -11.76 | 8.69 | 6945.41 | 32.63 | 315.35 | 90.87 | 146.26 | 1845.82 | 6888.07 | 31.51 | 305.57 |
| 22Q3 (15) | 2.39 | -41.13 | -55.16 | 0.02 | -50.0 | -88.24 | 38.00 | 69.72 | 122.61 | 5236.54 | 117.72 | 891.45 | 36.90 | 225.11 | 1821.88 | 5237.64 | 116.77 | 863.99 |
| 22Q2 (14) | 4.06 | 130.68 | -40.64 | 0.04 | 100.0 | -71.43 | 22.39 | -56.58 | 68.47 | 2405.14 | -46.81 | 270.92 | 11.35 | -42.39 | 232.84 | 2416.18 | -46.94 | 267.03 |
| 22Q1 (13) | 1.76 | -40.34 | -70.86 | 0.02 | -60.0 | -77.78 | 51.57 | 67.16 | 242.43 | 4521.99 | 170.43 | 343.62 | 19.70 | 321.84 | 361.36 | 4553.86 | 168.13 | 342.07 |
| 21Q4 (12) | 2.95 | -44.65 | -0.34 | 0.05 | -70.59 | -28.57 | 30.85 | 80.73 | 0.29 | 1672.17 | 216.6 | 20.3 | 4.67 | 143.23 | 77.57 | 1698.35 | 212.58 | 19.76 |
| 21Q3 (11) | 5.33 | -22.08 | 316.41 | 0.17 | 21.43 | 466.67 | 17.07 | 28.44 | -76.03 | 528.17 | -18.55 | -80.75 | 1.92 | -43.7 | -77.22 | 543.33 | -17.47 | -80.64 |
| 21Q2 (10) | 6.84 | 13.25 | 597.96 | 0.14 | 55.56 | 250.0 | 13.29 | -11.75 | -85.67 | 648.42 | -36.39 | -74.8 | 3.41 | -20.14 | -89.16 | 658.31 | -36.09 | -75.01 |
| 21Q1 (9) | 6.04 | 104.05 | 727.4 | 0.09 | 28.57 | 200.0 | 15.06 | -51.04 | -87.98 | 1019.33 | -26.66 | -65.97 | 4.27 | 62.36 | -94.81 | 1030.13 | -27.36 | -66.09 |
| 20Q4 (8) | 2.96 | 131.25 | -1.33 | 0.07 | 133.33 | -53.33 | 30.76 | -56.81 | 1.52 | 1389.95 | -49.35 | 122.81 | 2.63 | -68.8 | -86.14 | 1418.09 | -49.48 | 123.27 |
| 20Q3 (7) | 1.28 | 30.61 | 66.23 | 0.03 | -25.0 | -25.0 | 71.22 | -23.19 | -39.42 | 2744.29 | 6.63 | 6.91 | 8.43 | -73.2 | -86.53 | 2807.09 | 6.54 | 7.06 |
| 20Q2 (6) | 0.98 | 34.25 | -43.35 | 0.04 | 33.33 | -55.56 | 92.72 | -25.97 | 76.74 | 2573.55 | -14.07 | 148.59 | 31.46 | -61.74 | 60.92 | 2634.82 | -13.27 | 146.66 |
| 20Q1 (5) | 0.73 | -75.67 | -41.6 | 0.03 | -80.0 | -50.0 | 125.24 | 313.33 | 71.99 | 2994.99 | 380.1 | 98.39 | 82.23 | 333.47 | 293.63 | 3038.00 | 378.31 | 94.55 |
| 19Q4 (4) | 3.00 | 289.61 | 0.0 | 0.15 | 275.0 | 0.0 | 30.30 | -74.23 | 0.0 | 623.82 | -75.7 | 0.0 | 18.97 | -69.68 | 0.0 | 635.15 | -75.78 | 0.0 |
| 19Q3 (3) | 0.77 | -55.49 | 0.0 | 0.04 | -55.56 | 0.0 | 117.57 | 124.11 | 0.0 | 2566.91 | 147.95 | 0.0 | 62.57 | 220.05 | 0.0 | 2621.91 | 145.45 | 0.0 |
| 19Q2 (2) | 1.73 | 38.4 | 0.0 | 0.09 | 50.0 | 0.0 | 52.46 | -27.96 | 0.0 | 1035.27 | -31.42 | 0.0 | 19.55 | -6.41 | 0.0 | 1068.19 | -31.6 | 0.0 |
| 19Q1 (1) | 1.25 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 72.82 | 0.0 | 0.0 | 1509.66 | 0.0 | 0.0 | 20.89 | 0.0 | 0.0 | 1561.58 | 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) | 51.88 | 409.13 | 0.13 | 85.71 | 7.04 | -80.34 | 2728.89 | -44.9 | 44.29 | -19.03 | 2691.63 | -45.44 |
| 2022 (9) | 10.19 | -59.55 | 0.07 | -83.33 | 35.81 | 147.14 | 4952.18 | 464.47 | 54.70 | 2594.58 | 4933.29 | 454.43 |
| 2021 (8) | 25.19 | 381.64 | 0.42 | 147.06 | 14.49 | -79.24 | 877.32 | -58.47 | 2.03 | -93.81 | 889.79 | -58.61 |
| 2020 (7) | 5.23 | -21.82 | 0.17 | -48.48 | 69.81 | 27.95 | 2112.69 | 92.96 | 32.77 | 22.09 | 2149.73 | 91.5 |
| 2019 (6) | 6.69 | 200.0 | 0.33 | 120.0 | 54.56 | -66.73 | 1094.86 | -55.58 | 26.84 | -18.86 | 1122.58 | -56.75 |
| 2018 (5) | 2.23 | -38.74 | 0.15 | -60.53 | 164.00 | 63.48 | 2464.83 | 155.21 | 33.08 | 29.78 | 2595.75 | 149.44 |
| 2017 (4) | 3.64 | -7.85 | 0.38 | 5.56 | 100.32 | 8.57 | 965.82 | -5.5 | 25.49 | -41.04 | 1040.65 | -2.85 |
| 2016 (3) | 3.95 | 67.37 | 0.36 | 50.0 | 92.40 | -40.14 | 1022.04 | -33.93 | 43.23 | -11.69 | 1071.20 | -35.17 |
| 2015 (2) | 2.36 | -33.52 | 0.24 | -60.66 | 154.37 | 50.03 | 1546.84 | 159.4 | 48.95 | 110.9 | 1652.26 | 144.42 |
| 2014 (1) | 3.55 | 4.41 | 0.61 | -50.0 | 102.89 | -4.25 | 596.32 | 99.63 | 23.21 | -56.98 | 675.99 | 91.92 |
