- 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) | 32.19 | 660.99 | 562.35 | 0.09 | 0 | 0 | 2.83 | -86.84 | -84.87 | 1068.71 | -96.38 | -97.18 | 69.28 | -94.08 | -95.75 | 1002.26 | -96.46 | -97.24 |
| 23Q3 (19) | 4.23 | -97.31 | 101.43 | 0.00 | -100.0 | 0 | 21.50 | 3606.9 | -50.46 | 29497.10 | 3106.52 | -6.22 | 1170.54 | 4458.18 | -3.33 | 28348.10 | 3068.06 | -6.4 |
| 23Q2 (18) | 157.31 | 3584.07 | 370.57 | 0.10 | 0 | 150.0 | 0.58 | -97.28 | -78.68 | 919.91 | -97.68 | -57.64 | 25.68 | -97.99 | -47.98 | 894.81 | -97.67 | -57.9 |
| 23Q1 (17) | 4.27 | -12.14 | 4.15 | 0.00 | 0 | 0 | 21.30 | 13.84 | -4.1 | 39601.90 | 4.49 | 8.57 | 1274.60 | -21.75 | 65.84 | 38348.60 | 5.68 | 7.33 |
| 22Q4 (16) | 4.86 | 131.43 | -86.97 | 0.00 | 0 | -100.0 | 18.71 | -56.89 | 666.8 | 37899.10 | 20.5 | 850.0 | 1628.92 | 34.52 | 2180.12 | 36288.90 | 19.82 | 825.65 |
| 22Q3 (15) | 2.10 | -93.72 | -65.8 | 0.00 | -100.0 | -100.0 | 43.40 | 1495.59 | 193.05 | 31452.80 | 1348.18 | 258.45 | 1210.89 | 2352.68 | 988.93 | 30285.30 | 1325.03 | 248.98 |
| 22Q2 (14) | 33.43 | 715.37 | -33.14 | 0.04 | 0 | -50.0 | 2.72 | -87.75 | 49.45 | 2171.89 | -94.05 | 82.17 | 49.37 | -93.58 | 80.45 | 2125.24 | -94.05 | 82.16 |
| 22Q1 (13) | 4.10 | -89.01 | -94.44 | 0.00 | -100.0 | -100.0 | 22.21 | 810.25 | 1705.69 | 36474.80 | 814.3 | 604.5 | 768.57 | 975.83 | 320.08 | 35728.40 | 811.35 | 615.18 |
| 21Q4 (12) | 37.29 | 507.33 | 126.14 | 0.02 | 100.0 | -90.48 | 2.44 | -83.52 | -55.8 | 3989.37 | -54.53 | 804.68 | 71.44 | -35.76 | 172.05 | 3920.37 | -54.82 | 832.91 |
| 21Q3 (11) | 6.14 | -87.72 | -12.91 | 0.01 | -87.5 | -92.86 | 14.81 | 713.74 | 14.81 | 8774.57 | 635.98 | 1294.16 | 111.20 | 306.43 | 127.82 | 8678.18 | 643.83 | 1362.25 |
| 21Q2 (10) | 50.00 | -32.15 | 975.27 | 0.08 | 300.0 | -27.27 | 1.82 | 47.97 | -90.7 | 1192.23 | -76.97 | 40.28 | 27.36 | -85.05 | -60.57 | 1166.69 | -76.65 | 45.82 |
| 21Q1 (9) | 73.69 | 346.88 | 1886.25 | 0.02 | -90.48 | -81.82 | 1.23 | -77.72 | -94.98 | 5177.41 | 1074.1 | 508.11 | 182.96 | 596.73 | 121.82 | 4995.69 | 1088.8 | 529.62 |
| 20Q4 (8) | 16.49 | 133.9 | 136.25 | 0.21 | 50.0 | -12.5 | 5.52 | -57.21 | -57.64 | 440.97 | -29.94 | 18.33 | 26.26 | -46.2 | -41.03 | 420.23 | -29.19 | 23.18 |
| 20Q3 (7) | 7.05 | 51.61 | 47.49 | 0.14 | 27.27 | -50.0 | 12.90 | -34.12 | -32.21 | 629.38 | -25.95 | 90.68 | 48.81 | -29.66 | -0.49 | 593.48 | -25.82 | 97.79 |
| 20Q2 (6) | 4.65 | 25.34 | -22.63 | 0.11 | 0.0 | -71.05 | 19.58 | -20.15 | 29.33 | 849.90 | -0.18 | 255.77 | 69.39 | -15.87 | 83.23 | 800.09 | 0.84 | 270.12 |
| 20Q1 (5) | 3.71 | -46.85 | -45.04 | 0.11 | -54.17 | -69.44 | 24.52 | 88.18 | 82.03 | 851.40 | 128.47 | 240.83 | 82.48 | 85.22 | 76.88 | 793.45 | 132.59 | 266.27 |
| 19Q4 (4) | 6.98 | 46.03 | 0.0 | 0.24 | -14.29 | 0.0 | 13.03 | -31.53 | 0.0 | 372.65 | 12.9 | 0.0 | 44.53 | -9.22 | 0.0 | 341.14 | 13.69 | 0.0 |
| 19Q3 (3) | 4.78 | -20.47 | 0.0 | 0.28 | -26.32 | 0.0 | 19.03 | 25.69 | 0.0 | 330.07 | 38.17 | 0.0 | 49.05 | 29.52 | 0.0 | 300.05 | 38.8 | 0.0 |
| 19Q2 (2) | 6.01 | -10.96 | 0.0 | 0.38 | 5.56 | 0.0 | 15.14 | 12.4 | 0.0 | 238.89 | -4.37 | 0.0 | 37.87 | -18.79 | 0.0 | 216.17 | -0.21 | 0.0 |
| 19Q1 (1) | 6.75 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 13.47 | 0.0 | 0.0 | 249.80 | 0.0 | 0.0 | 46.63 | 0.0 | 0.0 | 216.63 | 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) | 68.55 | 5.07 | 0.19 | 280.0 | 5.32 | -5.0 | 1940.29 | -75.36 | 114.77 | -53.14 | 1830.84 | -76.02 |
| 2022 (9) | 65.24 | -72.47 | 0.05 | -61.54 | 5.60 | 263.64 | 7873.28 | 171.39 | 244.92 | 171.53 | 7633.95 | 171.44 |
| 2021 (8) | 236.98 | 426.62 | 0.13 | -78.69 | 1.54 | -81.01 | 2901.10 | 383.55 | 90.20 | 114.71 | 2812.44 | 396.84 |
| 2020 (7) | 45.00 | 79.07 | 0.61 | -30.68 | 8.11 | -44.15 | 599.96 | 44.36 | 42.01 | -24.59 | 566.06 | 51.18 |
| 2019 (6) | 25.13 | -43.02 | 0.88 | -38.46 | 14.52 | 75.36 | 415.60 | 62.55 | 55.71 | 14.3 | 374.42 | 73.97 |
| 2018 (5) | 44.10 | 208.61 | 1.43 | 217.78 | 8.28 | -67.57 | 255.68 | -68.2 | 48.74 | -60.15 | 215.22 | -69.57 |
| 2017 (4) | 14.29 | 56.0 | 0.45 | -13.46 | 25.53 | -35.9 | 804.11 | 15.41 | 122.30 | 45.89 | 707.34 | 8.37 |
| 2016 (3) | 9.16 | 38.16 | 0.52 | 52.94 | 39.83 | -27.61 | 696.72 | -35.26 | 83.83 | -11.25 | 652.71 | -37.05 |
| 2015 (2) | 6.63 | -30.72 | 0.34 | 17.24 | 55.02 | 44.22 | 1076.24 | -14.23 | 94.46 | 74.6 | 1036.80 | -16.31 |
| 2014 (1) | 9.57 | -10.23 | 0.29 | -25.64 | 38.15 | 11.42 | 1254.74 | 32.81 | 54.10 | -0.53 | 1238.80 | 33.98 |
