- 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) | 0.60 | 20.0 | -21.05 | 0.84 | 21.74 | -30.58 | 150.88 | -16.93 | 25.81 | 108.70 | -17.6 | 44.32 | 84.65 | -21.27 | -10.03 | 174.94 | -15.09 | 72.93 |
| 23Q3 (19) | 0.50 | -16.67 | -33.33 | 0.69 | -26.6 | -37.27 | 181.64 | 19.05 | 50.56 | 131.92 | 35.73 | 59.5 | 107.52 | 8.86 | -3.04 | 206.03 | 36.43 | 122.81 |
| 23Q2 (18) | 0.60 | 3.45 | -25.0 | 0.94 | -1.05 | -10.48 | 152.58 | -3.4 | 33.39 | 97.19 | 1.44 | 11.8 | 98.77 | -10.11 | -10.11 | 151.01 | 4.96 | 65.15 |
| 23Q1 (17) | 0.58 | -23.68 | -3.33 | 0.95 | -21.49 | 4.4 | 157.95 | 31.7 | 3.97 | 95.81 | 27.2 | -3.96 | 109.88 | 16.78 | -13.32 | 143.87 | 42.22 | 15.18 |
| 22Q4 (16) | 0.76 | 1.33 | 13.43 | 1.21 | 10.0 | 4.31 | 119.93 | -0.59 | -11.89 | 75.32 | -8.93 | -4.21 | 94.09 | -15.15 | -7.7 | 101.16 | 9.4 | -10.31 |
| 22Q3 (15) | 0.75 | -6.25 | 19.05 | 1.10 | 4.76 | -0.9 | 120.64 | 5.46 | -15.89 | 82.71 | -4.85 | 1.14 | 110.89 | 0.92 | 22.0 | 92.47 | 1.13 | -31.16 |
| 22Q2 (14) | 0.80 | 33.33 | 26.98 | 1.05 | 15.38 | -7.89 | 114.39 | -24.7 | -20.5 | 86.93 | -12.86 | 9.25 | 109.88 | -13.32 | 21.51 | 91.44 | -26.8 | -31.26 |
| 22Q1 (13) | 0.60 | -10.45 | -1.64 | 0.91 | -21.55 | -21.55 | 151.92 | 11.62 | 1.52 | 99.76 | 26.87 | 26.92 | 126.77 | 24.36 | 32.45 | 124.91 | 10.75 | -5.76 |
| 21Q4 (12) | 0.67 | 6.35 | -4.29 | 1.16 | 4.5 | -19.44 | 136.11 | -5.1 | 5.32 | 78.63 | -3.85 | 24.81 | 101.94 | 12.16 | 42.71 | 112.79 | -16.03 | -6.64 |
| 21Q3 (11) | 0.63 | 0.0 | -19.23 | 1.11 | -2.63 | -21.28 | 143.43 | -0.32 | 22.46 | 81.78 | 2.78 | 26.75 | 90.89 | 0.51 | 56.36 | 134.32 | 0.97 | 8.75 |
| 21Q2 (10) | 0.63 | 3.28 | -28.41 | 1.14 | -1.72 | -8.06 | 143.89 | -3.85 | 38.45 | 79.57 | 1.23 | 8.44 | 90.43 | -5.52 | 76.21 | 133.03 | 0.37 | 5.59 |
| 21Q1 (9) | 0.61 | -12.86 | 38.64 | 1.16 | -19.44 | 48.72 | 149.65 | 15.79 | -27.36 | 78.60 | 24.76 | -32.43 | 95.71 | 33.99 | 16.98 | 132.54 | 9.71 | -44.9 |
| 20Q4 (8) | 0.70 | -10.26 | -6.67 | 1.44 | 2.13 | 8.27 | 129.24 | 10.35 | 6.82 | 63.00 | -2.36 | -7.72 | 71.43 | 22.88 | 32.7 | 120.81 | -2.19 | -10.8 |
| 20Q3 (7) | 0.78 | -11.36 | -1.27 | 1.41 | 13.71 | 19.49 | 117.12 | 12.69 | 1.24 | 64.52 | -12.07 | -16.67 | 58.13 | 13.27 | 0.89 | 123.51 | -1.97 | -8.85 |
| 20Q2 (6) | 0.88 | 100.0 | 3.53 | 1.24 | 58.97 | 19.23 | 103.93 | -49.56 | -3.0 | 73.38 | -36.92 | -16.45 | 51.32 | -37.28 | -17.44 | 125.99 | -47.62 | -5.14 |
| 20Q1 (5) | 0.44 | -41.33 | -41.33 | 0.78 | -41.35 | -13.33 | 206.03 | 70.29 | 68.84 | 116.33 | 70.4 | 15.65 | 81.82 | 52.0 | 11.52 | 240.55 | 77.62 | 61.17 |
| 19Q4 (4) | 0.75 | -5.06 | 0.0 | 1.33 | 12.71 | 0.0 | 120.99 | 4.58 | 0.0 | 68.27 | -11.83 | 0.0 | 53.83 | -6.58 | 0.0 | 135.43 | -0.05 | 0.0 |
| 19Q3 (3) | 0.79 | -7.06 | 0.0 | 1.18 | 13.46 | 0.0 | 115.69 | 7.98 | 0.0 | 77.43 | -11.84 | 0.0 | 57.62 | -7.3 | 0.0 | 135.50 | 2.03 | 0.0 |
| 19Q2 (2) | 0.85 | 13.33 | 0.0 | 1.04 | 15.56 | 0.0 | 107.14 | -12.2 | 0.0 | 87.83 | -12.69 | 0.0 | 62.16 | -15.28 | 0.0 | 132.81 | -11.02 | 0.0 |
| 19Q1 (1) | 0.75 | 0.0 | 0.0 | 0.90 | 0.0 | 0.0 | 122.03 | 0.0 | 0.0 | 100.59 | 0.0 | 0.0 | 73.37 | 0.0 | 0.0 | 149.25 | 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) | 2.44 | -9.29 | 3.57 | -21.88 | 149.58 | 10.12 | 102.16 | 27.91 | 106.11 | -0.92 | 145.63 | 34.09 |
| 2022 (9) | 2.69 | 1.51 | 4.57 | -4.99 | 135.83 | -1.46 | 79.87 | 5.24 | 107.09 | 3.53 | 108.61 | -1.51 |
| 2021 (8) | 2.65 | 4.74 | 4.81 | -3.99 | 137.84 | -4.36 | 75.89 | 4.27 | 103.44 | 37.46 | 110.28 | -22.15 |
| 2020 (7) | 2.53 | -19.17 | 5.01 | -0.4 | 144.13 | 23.56 | 72.78 | 0.39 | 75.25 | 31.92 | 141.66 | 7.22 |
| 2019 (6) | 3.13 | 4.33 | 5.03 | 22.98 | 116.65 | -4.08 | 72.50 | -18.79 | 57.04 | -23.31 | 132.12 | -3.21 |
| 2018 (5) | 3.00 | -1.32 | 4.09 | 3.54 | 121.61 | 1.32 | 89.27 | -3.39 | 74.38 | -9.3 | 136.50 | 4.66 |
| 2017 (4) | 3.04 | -3.8 | 3.95 | 2.33 | 120.03 | 3.87 | 92.40 | -2.22 | 82.01 | -0.26 | 130.42 | 2.02 |
| 2016 (3) | 3.16 | -12.95 | 3.86 | -3.98 | 115.56 | 14.89 | 94.50 | 3.99 | 82.22 | 5.26 | 127.84 | 12.79 |
| 2015 (2) | 3.63 | -1.09 | 4.02 | 2.29 | 100.58 | 1.01 | 90.87 | -2.12 | 78.11 | -2.72 | 113.34 | 1.09 |
| 2014 (1) | 3.67 | 3.97 | 3.93 | -4.61 | 99.57 | -3.67 | 92.84 | 4.68 | 80.29 | 27.32 | 112.12 | -13.08 |
