- 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) | 1.73 | -13.5 | 36.22 | 2.10 | -26.32 | -23.08 | 52.48 | 15.57 | -26.5 | 43.25 | 35.41 | 29.88 | 42.89 | 18.64 | 15.98 | 52.83 | 28.23 | -22.0 |
| 23Q3 (19) | 2.00 | 52.67 | 72.41 | 2.85 | 46.15 | 14.46 | 45.41 | -34.64 | -42.22 | 31.94 | -31.39 | -12.49 | 36.15 | -30.59 | 3.55 | 41.20 | -35.58 | -48.62 |
| 23Q2 (18) | 1.31 | 9.17 | 11.02 | 1.95 | -6.7 | -19.75 | 69.48 | -8.47 | -9.55 | 46.55 | 7.09 | 24.33 | 52.08 | 6.57 | 50.17 | 63.96 | -9.29 | -19.63 |
| 23Q1 (17) | 1.20 | -5.51 | 11.11 | 2.09 | -23.44 | -6.28 | 75.91 | 6.32 | -10.08 | 43.47 | 30.54 | 6.67 | 48.87 | 32.15 | -3.72 | 70.51 | 4.1 | -5.24 |
| 22Q4 (16) | 1.27 | 9.48 | -13.61 | 2.73 | 9.64 | -25.61 | 71.40 | -9.15 | 14.96 | 33.30 | -8.77 | 34.38 | 36.98 | 5.93 | 18.07 | 67.73 | -15.53 | 21.88 |
| 22Q3 (15) | 1.16 | -1.69 | -20.0 | 2.49 | 2.47 | -14.14 | 78.59 | 2.3 | 25.08 | 36.50 | -2.51 | 16.35 | 34.91 | 0.66 | 32.94 | 80.18 | 0.75 | 18.03 |
| 22Q2 (14) | 1.18 | 9.26 | -16.31 | 2.43 | 8.97 | 3.85 | 76.82 | -9.0 | 19.06 | 37.44 | -8.12 | -3.75 | 34.68 | -31.68 | 24.61 | 79.58 | 6.95 | 5.28 |
| 22Q1 (13) | 1.08 | -26.53 | 5.88 | 2.23 | -39.24 | -16.17 | 84.42 | 35.92 | -5.03 | 40.75 | 64.45 | 19.15 | 50.76 | 62.07 | 62.07 | 74.41 | 33.9 | -18.93 |
| 21Q4 (12) | 1.47 | 1.38 | 16.67 | 3.67 | 26.55 | -18.26 | 62.11 | -1.15 | -14.14 | 24.78 | -21.01 | 22.31 | 31.32 | 19.27 | 17.57 | 55.57 | -18.2 | -15.75 |
| 21Q3 (11) | 1.45 | 2.84 | -3.33 | 2.90 | 23.93 | -32.08 | 62.83 | -2.62 | 3.41 | 31.37 | -19.36 | 47.28 | 26.26 | -5.64 | 19.36 | 67.93 | -10.13 | 13.1 |
| 21Q2 (10) | 1.41 | 38.24 | -0.7 | 2.34 | -12.03 | 14.71 | 64.52 | -27.42 | 0.84 | 38.90 | 13.74 | -12.99 | 27.83 | -11.14 | 9.91 | 75.59 | -17.64 | -9.33 |
| 21Q1 (9) | 1.02 | -19.05 | 52.24 | 2.66 | -40.76 | 160.78 | 88.89 | 22.88 | -34.51 | 34.20 | 68.81 | -61.52 | 31.32 | 17.57 | -48.24 | 91.78 | 39.14 | -44.07 |
| 20Q4 (8) | 1.26 | -16.0 | -8.03 | 4.49 | 5.15 | 56.45 | 72.34 | 19.06 | 8.63 | 20.26 | -4.88 | -36.13 | 26.64 | 21.09 | -18.58 | 65.96 | 9.82 | 0.56 |
| 20Q3 (7) | 1.50 | 5.63 | 30.43 | 4.27 | 109.31 | 38.64 | 60.76 | -5.03 | -23.47 | 21.30 | -52.36 | -27.97 | 22.00 | -13.11 | -31.14 | 60.06 | -27.96 | -22.01 |
| 20Q2 (6) | 1.42 | 111.94 | 6.77 | 2.04 | 100.0 | -47.69 | 63.98 | -52.87 | -6.19 | 44.71 | -49.7 | 91.81 | 25.32 | -58.16 | 2.47 | 83.37 | -49.2 | 24.81 |
| 20Q1 (5) | 0.67 | -51.09 | -27.96 | 1.02 | -64.46 | -67.92 | 135.74 | 103.84 | 39.28 | 88.88 | 180.2 | 210.55 | 60.51 | 84.93 | 94.57 | 164.10 | 150.19 | 72.76 |
| 19Q4 (4) | 1.37 | 19.13 | 0.0 | 2.87 | -6.82 | 0.0 | 66.59 | -16.12 | 0.0 | 31.72 | 7.27 | 0.0 | 32.72 | 2.41 | 0.0 | 65.59 | -14.83 | 0.0 |
| 19Q3 (3) | 1.15 | -13.53 | 0.0 | 3.08 | -21.03 | 0.0 | 79.39 | 16.41 | 0.0 | 29.57 | 26.86 | 0.0 | 31.95 | 29.3 | 0.0 | 77.01 | 15.28 | 0.0 |
| 19Q2 (2) | 1.33 | 43.01 | 0.0 | 3.90 | 22.64 | 0.0 | 68.20 | -30.02 | 0.0 | 23.31 | -18.55 | 0.0 | 24.71 | -20.55 | 0.0 | 66.80 | -29.68 | 0.0 |
| 19Q1 (1) | 0.93 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 97.46 | 0.0 | 0.0 | 28.62 | 0.0 | 0.0 | 31.10 | 0.0 | 0.0 | 94.99 | 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) | 6.90 | 32.18 | 11.09 | -9.17 | 52.87 | -24.4 | 32.91 | 10.07 | 30.23 | -24.27 | 55.54 | -7.29 |
| 2022 (9) | 5.22 | 7.63 | 12.21 | -17.89 | 69.93 | -7.08 | 29.90 | 21.79 | 39.92 | 11.57 | 59.91 | -6.45 |
| 2021 (8) | 4.85 | 17.15 | 14.87 | 8.94 | 75.26 | -14.66 | 24.55 | -8.16 | 35.78 | 12.02 | 64.04 | -22.82 |
| 2020 (7) | 4.14 | -18.02 | 13.65 | -31.44 | 88.19 | 22.08 | 26.73 | 45.75 | 31.94 | 46.45 | 82.98 | 20.66 |
| 2019 (6) | 5.05 | 23.77 | 19.91 | -43.57 | 72.24 | -19.21 | 18.34 | 77.2 | 21.81 | 20.1 | 68.77 | -15.73 |
| 2018 (5) | 4.08 | -4.9 | 35.28 | -6.81 | 89.42 | 5.08 | 10.35 | 7.37 | 18.16 | -7.96 | 81.61 | 8.81 |
| 2017 (4) | 4.29 | 14.1 | 37.86 | 91.41 | 85.10 | -12.22 | 9.64 | -47.75 | 19.73 | -39.88 | 75.00 | -9.18 |
| 2016 (3) | 3.76 | -15.12 | 19.78 | -5.54 | 96.95 | 17.77 | 18.45 | 5.85 | 32.82 | 8.78 | 82.58 | 18.68 |
| 2015 (2) | 4.43 | 11.87 | 20.94 | 42.06 | 82.32 | -10.78 | 17.43 | -29.6 | 30.17 | -16.1 | 69.58 | -14.18 |
| 2014 (1) | 3.96 | -25.98 | 14.74 | -25.25 | 92.27 | 35.23 | 24.76 | 33.77 | 35.96 | 33.58 | 81.08 | 35.52 |
