- 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) | 0.85 | 2.41 | 88.89 | 0.71 | -7.79 | 65.12 | 106.85 | -2.68 | -47.2 | 127.85 | 7.58 | -39.8 | 27.23 | 30.29 | 58.68 | 207.47 | -0.13 | -47.82 |
| 23Q3 (19) | 0.83 | -3.49 | 112.82 | 0.77 | 13.24 | 50.98 | 109.79 | 3.63 | -53.15 | 118.84 | -11.3 | -33.08 | 20.90 | -6.9 | 39.43 | 207.73 | -4.48 | -47.67 |
| 23Q2 (18) | 0.86 | 36.51 | 104.76 | 0.68 | 25.93 | 47.83 | 105.94 | -27.07 | -51.37 | 133.98 | -20.77 | -31.62 | 22.45 | 0.04 | -23.3 | 217.47 | -25.5 | -43.44 |
| 23Q1 (17) | 0.63 | 40.0 | 8.62 | 0.54 | 25.58 | -20.59 | 145.27 | -28.22 | -8.2 | 169.10 | -20.37 | 25.96 | 22.44 | 30.77 | 10.11 | 291.92 | -26.58 | 7.28 |
| 22Q4 (16) | 0.45 | 15.38 | -41.56 | 0.43 | -15.69 | -54.74 | 202.38 | -13.64 | 70.31 | 212.36 | 19.59 | 121.25 | 17.16 | 14.48 | 73.51 | 397.58 | 0.16 | 94.02 |
| 22Q3 (15) | 0.39 | -7.14 | -57.14 | 0.51 | 10.87 | -56.03 | 234.34 | 7.56 | 135.23 | 177.58 | -9.37 | 127.11 | 14.99 | -48.79 | 29.78 | 396.93 | 3.23 | 138.74 |
| 22Q2 (14) | 0.42 | -27.59 | -48.15 | 0.46 | -32.35 | -58.18 | 217.86 | 37.68 | 95.01 | 195.93 | 45.94 | 137.92 | 29.27 | 43.62 | 68.12 | 384.52 | 41.31 | 117.66 |
| 22Q1 (13) | 0.58 | -24.68 | -22.67 | 0.68 | -28.42 | -35.24 | 158.24 | 33.17 | 30.77 | 134.25 | 39.87 | 55.54 | 20.38 | 106.07 | 17.19 | 272.11 | 32.79 | 43.27 |
| 21Q4 (12) | 0.77 | -15.38 | -7.23 | 0.95 | -18.1 | -13.64 | 118.83 | 19.28 | 8.67 | 95.98 | 22.75 | 16.4 | 9.89 | -14.37 | -5.36 | 204.92 | 23.25 | 12.99 |
| 21Q3 (11) | 0.91 | 12.35 | 8.33 | 1.16 | 5.45 | 54.67 | 99.62 | -10.83 | -8.05 | 78.19 | -5.05 | -35.89 | 11.55 | -33.66 | 22.22 | 166.26 | -5.89 | -24.71 |
| 21Q2 (10) | 0.81 | 8.0 | -3.57 | 1.10 | 4.76 | 96.43 | 111.72 | -7.68 | 3.38 | 82.35 | -4.59 | -49.19 | 17.41 | 0.12 | 19.33 | 176.66 | -6.99 | -30.87 |
| 21Q1 (9) | 0.75 | -9.64 | -21.05 | 1.05 | -4.55 | 69.35 | 121.01 | 10.66 | 26.99 | 86.31 | 4.67 | -41.04 | 17.39 | 66.41 | 0.23 | 189.93 | 4.73 | -15.33 |
| 20Q4 (8) | 0.83 | -1.19 | -7.78 | 1.10 | 46.67 | 61.76 | 109.35 | 0.93 | 8.07 | 82.46 | -32.39 | -38.75 | 10.45 | 10.58 | -53.64 | 181.36 | -17.88 | -14.96 |
| 20Q3 (7) | 0.84 | 0.0 | -15.15 | 0.75 | 33.93 | -2.6 | 108.34 | 0.25 | 17.63 | 121.96 | -24.75 | 3.6 | 9.45 | -35.23 | -57.96 | 220.84 | -13.59 | 17.89 |
| 20Q2 (6) | 0.84 | -11.58 | -25.0 | 0.56 | -9.68 | -29.11 | 108.07 | 13.41 | 32.57 | 162.08 | 10.73 | 39.89 | 14.59 | -15.91 | -18.58 | 255.56 | 13.93 | 42.41 |
| 20Q1 (5) | 0.95 | 5.56 | 1.06 | 0.62 | -8.82 | -6.06 | 95.29 | -5.82 | -1.08 | 146.38 | 8.74 | 6.92 | 17.35 | -23.03 | 4.02 | 224.32 | 5.18 | 3.59 |
| 19Q4 (4) | 0.90 | -9.09 | 0.0 | 0.68 | -11.69 | 0.0 | 101.18 | 9.86 | 0.0 | 134.62 | 14.36 | 0.0 | 22.54 | 0.27 | 0.0 | 213.27 | 13.85 | 0.0 |
| 19Q3 (3) | 0.99 | -11.61 | 0.0 | 0.77 | -2.53 | 0.0 | 92.10 | 12.98 | 0.0 | 117.72 | 1.61 | 0.0 | 22.48 | 25.45 | 0.0 | 187.33 | 4.39 | 0.0 |
| 19Q2 (2) | 1.12 | 19.15 | 0.0 | 0.79 | 19.7 | 0.0 | 81.52 | -15.37 | 0.0 | 115.86 | -15.37 | 0.0 | 17.92 | 7.43 | 0.0 | 179.45 | -17.13 | 0.0 |
| 19Q1 (1) | 0.94 | 0.0 | 0.0 | 0.66 | 0.0 | 0.0 | 96.33 | 0.0 | 0.0 | 136.90 | 0.0 | 0.0 | 16.68 | 0.0 | 0.0 | 216.55 | 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) | 2.97 | 52.31 | 2.45 | 12.39 | 122.87 | -34.25 | 149.25 | -10.68 | 25.94 | 47.3 | 246.17 | -26.81 |
| 2022 (9) | 1.95 | -37.3 | 2.18 | -47.22 | 186.88 | 59.22 | 167.09 | 89.17 | 17.61 | 53.4 | 336.36 | 73.19 |
| 2021 (8) | 3.11 | -5.18 | 4.13 | 24.02 | 117.37 | 5.62 | 88.33 | -19.38 | 11.48 | -27.62 | 194.22 | -5.18 |
| 2020 (7) | 3.28 | -25.79 | 3.33 | 20.65 | 111.13 | 34.67 | 109.56 | -17.15 | 15.86 | 5.95 | 204.83 | 2.52 |
| 2019 (6) | 4.42 | 36.84 | 2.76 | 5.34 | 82.52 | -27.05 | 132.24 | -5.12 | 14.97 | -3.42 | 199.79 | -15.7 |
| 2018 (5) | 3.23 | -12.94 | 2.62 | -17.61 | 113.12 | 15.08 | 139.38 | 21.54 | 15.50 | 17.25 | 237.00 | 18.64 |
| 2017 (4) | 3.71 | -19.52 | 3.18 | -13.11 | 98.30 | 24.26 | 114.68 | 15.0 | 13.22 | -2.15 | 199.77 | 20.84 |
| 2016 (3) | 4.61 | 31.34 | 3.66 | -15.86 | 79.11 | -23.84 | 99.72 | 18.91 | 13.51 | -15.83 | 165.32 | -3.71 |
| 2015 (2) | 3.51 | -1.68 | 4.35 | -3.76 | 103.88 | 1.47 | 83.86 | 3.86 | 16.05 | 58.91 | 171.69 | -0.76 |
| 2014 (1) | 3.57 | -21.19 | 4.52 | 1.12 | 102.38 | 27.02 | 80.74 | -1.09 | 10.10 | -67.0 | 173.01 | 31.46 |
