- 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) | 4.71 | 23.3 | 2.84 | 0.14 | -6.67 | -48.15 | 19.33 | -18.78 | -2.77 | 629.12 | 1.77 | 83.42 | 149.70 | -2.48 | 57.48 | 498.75 | 2.1 | 86.23 |
| 23Q3 (19) | 3.82 | 59.17 | -7.28 | 0.15 | 0.0 | -6.25 | 23.80 | -37.35 | 7.64 | 618.18 | 3.65 | 10.04 | 153.51 | -3.12 | 11.27 | 488.47 | 2.63 | 9.54 |
| 23Q2 (18) | 2.40 | 20.0 | -49.26 | 0.15 | 0.0 | -6.25 | 37.99 | -16.41 | 97.35 | 596.41 | 0.34 | 7.42 | 158.46 | -4.34 | 18.96 | 475.94 | 0.37 | 7.86 |
| 23Q1 (17) | 2.00 | -56.33 | -56.71 | 0.15 | -44.44 | -6.25 | 45.45 | 128.62 | 130.71 | 594.41 | 73.3 | 2.76 | 165.65 | 74.26 | 8.63 | 474.20 | 77.06 | 6.4 |
| 22Q4 (16) | 4.58 | 11.17 | -24.92 | 0.27 | 68.75 | 35.0 | 19.88 | -10.09 | 33.33 | 343.00 | -38.94 | -25.05 | 95.06 | -31.1 | -20.11 | 267.82 | -39.94 | -24.25 |
| 22Q3 (15) | 4.12 | -12.9 | -14.88 | 0.16 | 0.0 | 14.29 | 22.11 | 14.86 | 17.61 | 561.78 | 1.19 | -13.28 | 137.96 | 3.57 | -3.58 | 445.93 | 1.06 | -14.82 |
| 22Q2 (14) | 4.73 | 2.38 | -55.63 | 0.16 | 0.0 | -42.86 | 19.25 | -2.28 | 125.41 | 555.20 | -4.02 | 72.98 | 133.21 | -12.64 | 107.59 | 441.24 | -1.0 | 66.29 |
| 22Q1 (13) | 4.62 | -24.26 | 37.5 | 0.16 | -20.0 | 23.08 | 19.70 | 32.13 | -27.23 | 578.47 | 26.41 | -16.71 | 152.49 | 28.15 | 11.81 | 445.69 | 26.06 | -23.84 |
| 21Q4 (12) | 6.10 | 26.03 | -38.07 | 0.20 | 42.86 | -35.48 | 14.91 | -20.69 | 61.36 | 457.61 | -29.36 | 58.11 | 118.99 | -16.84 | 139.95 | 353.54 | -32.47 | 41.94 |
| 21Q3 (11) | 4.84 | -54.6 | 1.89 | 0.14 | -50.0 | 27.27 | 18.80 | 120.14 | -1.78 | 647.79 | 101.82 | -21.21 | 143.08 | 122.97 | 10.31 | 523.51 | 97.3 | -26.43 |
| 21Q2 (10) | 10.66 | 217.26 | 130.74 | 0.28 | 115.38 | 133.33 | 8.54 | -68.45 | -56.65 | 320.97 | -53.78 | -57.95 | 64.17 | -52.95 | -47.13 | 265.34 | -54.66 | -59.89 |
| 21Q1 (9) | 3.36 | -65.89 | -4.82 | 0.13 | -58.06 | 44.44 | 27.07 | 192.97 | 5.17 | 694.49 | 139.95 | -32.07 | 136.38 | 175.02 | -15.03 | 585.18 | 134.94 | -34.07 |
| 20Q4 (8) | 9.85 | 107.37 | 40.71 | 0.31 | 181.82 | 121.43 | 9.24 | -51.72 | -28.92 | 289.43 | -64.8 | -56.21 | 49.59 | -61.77 | -54.19 | 249.08 | -65.0 | -55.97 |
| 20Q3 (7) | 4.75 | 2.81 | -42.07 | 0.11 | -8.33 | 83.33 | 19.14 | -2.84 | 72.43 | 822.16 | 7.72 | -44.94 | 129.71 | 6.86 | -42.38 | 711.59 | 7.57 | -44.37 |
| 20Q2 (6) | 4.62 | 30.88 | -35.2 | 0.12 | 33.33 | 71.43 | 19.70 | -23.47 | 54.39 | 763.22 | -25.35 | -38.63 | 121.38 | -24.38 | -25.98 | 661.54 | -25.47 | -39.44 |
| 20Q1 (5) | 3.53 | -49.57 | 12.42 | 0.09 | -35.71 | 28.57 | 25.74 | 98.0 | -11.27 | 1022.33 | 54.68 | -20.4 | 160.51 | 48.26 | -6.02 | 887.56 | 56.91 | -22.32 |
| 19Q4 (4) | 7.00 | -14.63 | 0.0 | 0.14 | 133.33 | 0.0 | 13.00 | 17.12 | 0.0 | 660.92 | -55.74 | 0.0 | 108.26 | -51.91 | 0.0 | 565.66 | -55.78 | 0.0 |
| 19Q3 (3) | 8.20 | 15.01 | 0.0 | 0.06 | -14.29 | 0.0 | 11.10 | -13.01 | 0.0 | 1493.20 | 20.06 | 0.0 | 225.12 | 37.29 | 0.0 | 1279.19 | 17.1 | 0.0 |
| 19Q2 (2) | 7.13 | 127.07 | 0.0 | 0.07 | 0.0 | 0.0 | 12.76 | -56.02 | 0.0 | 1243.66 | -3.17 | 0.0 | 163.98 | -3.99 | 0.0 | 1092.43 | -4.39 | 0.0 |
| 19Q1 (1) | 3.14 | 0.0 | 0.0 | 0.07 | 0.0 | 0.0 | 29.01 | 0.0 | 0.0 | 1284.38 | 0.0 | 0.0 | 170.79 | 0.0 | 0.0 | 1142.60 | 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) | 11.88 | -6.01 | 0.58 | -21.62 | 30.74 | 6.44 | 624.42 | 25.89 | 170.48 | 17.34 | 484.68 | 27.69 |
| 2022 (9) | 12.64 | -12.71 | 0.74 | 1.37 | 28.88 | 14.56 | 495.99 | -0.31 | 145.29 | 24.15 | 379.57 | -6.44 |
| 2021 (8) | 14.48 | -3.53 | 0.73 | 8.96 | 25.21 | 3.7 | 497.53 | -9.16 | 117.03 | 19.42 | 405.71 | -14.41 |
| 2020 (7) | 15.01 | 39.24 | 0.67 | 91.43 | 24.31 | -28.23 | 547.69 | -47.58 | 98.00 | -37.66 | 474.00 | -48.56 |
| 2019 (6) | 10.78 | 29.88 | 0.35 | 2.94 | 33.87 | -22.95 | 1044.72 | -4.07 | 157.19 | 4.35 | 921.40 | -6.21 |
| 2018 (5) | 8.30 | 42.12 | 0.34 | 36.0 | 43.96 | -29.68 | 1089.08 | -24.42 | 150.64 | -24.11 | 982.41 | -24.72 |
| 2017 (4) | 5.84 | -28.08 | 0.25 | -24.24 | 62.51 | 39.1 | 1441.01 | 29.72 | 198.51 | 38.65 | 1305.01 | 28.87 |
| 2016 (3) | 8.12 | 10.63 | 0.33 | 10.0 | 44.94 | -9.67 | 1110.87 | -7.68 | 143.17 | 4.24 | 1012.64 | -9.23 |
| 2015 (2) | 7.34 | -21.24 | 0.30 | -6.25 | 49.75 | 27.08 | 1203.25 | 6.09 | 137.35 | 15.5 | 1115.65 | 5.8 |
| 2014 (1) | 9.32 | 67.32 | 0.32 | 52.38 | 39.15 | -40.2 | 1134.21 | -34.67 | 118.92 | -37.11 | 1054.45 | -34.6 |
