- 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 | -2.3 | 10.39 | 1.37 | -4.86 | 7.03 | 106.70 | 1.58 | -9.56 | 66.28 | 4.54 | -6.41 | 61.41 | 2.95 | -14.33 | 111.57 | 2.55 | -4.74 |
| 23Q3 (19) | 0.87 | -10.31 | -18.69 | 1.44 | -0.69 | -10.56 | 105.04 | 11.73 | 23.88 | 63.40 | 1.36 | 11.97 | 59.65 | 10.5 | 2.7 | 108.80 | 6.05 | 30.57 |
| 23Q2 (18) | 0.97 | 16.87 | -4.9 | 1.45 | 14.17 | 12.4 | 94.01 | -13.74 | 5.23 | 62.55 | -12.42 | -10.99 | 53.98 | -10.41 | -20.59 | 102.59 | -14.63 | 11.96 |
| 23Q1 (17) | 0.83 | 7.79 | -6.74 | 1.27 | -0.78 | -7.3 | 108.99 | -7.62 | 7.16 | 71.42 | 0.85 | 7.9 | 60.25 | -15.95 | -15.92 | 120.17 | 2.6 | 24.86 |
| 22Q4 (16) | 0.77 | -28.04 | -28.7 | 1.28 | -20.5 | -20.5 | 117.98 | 39.14 | 40.29 | 70.82 | 25.08 | 24.99 | 71.68 | 23.42 | 18.99 | 117.12 | 40.55 | 45.45 |
| 22Q3 (15) | 1.07 | 4.9 | -0.93 | 1.61 | 24.81 | 18.38 | 84.79 | -5.09 | 0.99 | 56.62 | -19.43 | -15.24 | 58.08 | -14.56 | -6.79 | 83.33 | -9.06 | -5.79 |
| 22Q2 (14) | 1.02 | 14.61 | 7.37 | 1.29 | -5.84 | 3.2 | 89.34 | -12.16 | -7.06 | 70.27 | 6.16 | -3.22 | 67.98 | -5.14 | -9.89 | 91.63 | -4.79 | -1.8 |
| 22Q1 (13) | 0.89 | -17.59 | -4.3 | 1.37 | -14.91 | -13.84 | 101.71 | 20.94 | 4.47 | 66.19 | 16.82 | 16.0 | 71.66 | 18.96 | -8.03 | 96.24 | 19.52 | 25.79 |
| 21Q4 (12) | 1.08 | 0.0 | -12.9 | 1.61 | 18.38 | -25.46 | 84.10 | 0.17 | 14.41 | 56.66 | -15.18 | 34.58 | 60.24 | -3.32 | 12.45 | 80.52 | -8.97 | 29.79 |
| 21Q3 (11) | 1.08 | 13.68 | -16.92 | 1.36 | 8.8 | -12.82 | 83.96 | -12.66 | 19.77 | 66.80 | -8.0 | 14.29 | 62.31 | -17.4 | 27.03 | 88.45 | -5.21 | 11.26 |
| 21Q2 (10) | 0.95 | 2.15 | 28.38 | 1.25 | -21.38 | 27.55 | 96.13 | -1.26 | -22.34 | 72.61 | 27.25 | -21.44 | 75.44 | -3.18 | 8.24 | 93.31 | 21.96 | -36.31 |
| 21Q1 (9) | 0.93 | -25.0 | 14.81 | 1.59 | -26.39 | 25.2 | 97.36 | 32.44 | -13.86 | 57.06 | 35.53 | -20.28 | 77.92 | 45.45 | 1.14 | 76.51 | 23.32 | -28.87 |
| 20Q4 (8) | 1.24 | -4.62 | 19.23 | 2.16 | 38.46 | 11.92 | 73.51 | 4.86 | -15.73 | 42.10 | -27.97 | -10.75 | 53.57 | 9.22 | -19.97 | 62.04 | -21.96 | -8.03 |
| 20Q3 (7) | 1.30 | 75.68 | 14.04 | 1.56 | 59.18 | -30.97 | 70.10 | -43.37 | -12.57 | 58.45 | -36.76 | 45.15 | 49.05 | -29.63 | -15.82 | 79.50 | -45.74 | 27.88 |
| 20Q2 (6) | 0.74 | -8.64 | -34.51 | 0.98 | -22.83 | -53.55 | 123.78 | 9.51 | 54.17 | 92.43 | 29.13 | 114.65 | 69.70 | -9.53 | 22.24 | 146.51 | 36.2 | 120.85 |
| 20Q1 (5) | 0.81 | -22.12 | -19.0 | 1.27 | -34.2 | -32.09 | 113.03 | 29.58 | 24.25 | 71.58 | 51.75 | 47.47 | 77.04 | 15.09 | 18.2 | 107.57 | 59.46 | 44.74 |
| 19Q4 (4) | 1.04 | -8.77 | 0.0 | 1.93 | -14.6 | 0.0 | 87.23 | 8.79 | 0.0 | 47.17 | 17.13 | 0.0 | 66.94 | 14.88 | 0.0 | 67.46 | 8.51 | 0.0 |
| 19Q3 (3) | 1.14 | 0.88 | 0.0 | 2.26 | 7.11 | 0.0 | 80.18 | -0.14 | 0.0 | 40.27 | -6.48 | 0.0 | 58.27 | 2.19 | 0.0 | 62.17 | -6.29 | 0.0 |
| 19Q2 (2) | 1.13 | 13.0 | 0.0 | 2.11 | 12.83 | 0.0 | 80.29 | -11.74 | 0.0 | 43.06 | -11.29 | 0.0 | 57.02 | -12.52 | 0.0 | 66.34 | -10.74 | 0.0 |
| 19Q1 (1) | 1.00 | 0.0 | 0.0 | 1.87 | 0.0 | 0.0 | 90.97 | 0.0 | 0.0 | 48.54 | 0.0 | 0.0 | 65.18 | 0.0 | 0.0 | 74.32 | 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) | 3.57 | -13.35 | 5.37 | -10.2 | 102.25 | 15.39 | 67.98 | 11.35 | 61.27 | -1.57 | 108.95 | 24.64 |
| 2022 (9) | 4.12 | 23.72 | 5.98 | -5.68 | 88.61 | -19.28 | 61.05 | 5.97 | 62.25 | -19.34 | 87.41 | -3.09 |
| 2021 (8) | 3.33 | 7.07 | 6.34 | -6.63 | 109.77 | -6.4 | 57.61 | 7.14 | 77.18 | -0.13 | 90.20 | -3.81 |
| 2020 (7) | 3.11 | -29.95 | 6.79 | -13.28 | 117.28 | 42.59 | 53.77 | 15.34 | 77.28 | 20.28 | 93.77 | 45.11 |
| 2019 (6) | 4.44 | 17.15 | 7.83 | -0.63 | 82.25 | -14.59 | 46.62 | 0.6 | 64.25 | -9.72 | 64.62 | -9.57 |
| 2018 (5) | 3.79 | 2.99 | 7.88 | -10.56 | 96.30 | -2.78 | 46.34 | 11.88 | 71.17 | 4.02 | 71.46 | -0.82 |
| 2017 (4) | 3.68 | 28.67 | 8.81 | -8.52 | 99.05 | -22.51 | 41.42 | 9.32 | 68.42 | 3.6 | 72.05 | -27.7 |
| 2016 (3) | 2.86 | -7.74 | 9.63 | -14.09 | 127.82 | 8.39 | 37.89 | 16.37 | 66.04 | 0.86 | 99.66 | 17.23 |
| 2015 (2) | 3.10 | -11.43 | 11.21 | -7.13 | 117.93 | 13.21 | 32.56 | 7.67 | 65.48 | 10.93 | 85.01 | 12.78 |
| 2014 (1) | 3.50 | -8.14 | 12.07 | 9.33 | 104.17 | 8.86 | 30.24 | -8.53 | 59.03 | -1.27 | 75.38 | 9.31 |
