- 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) | 14.82 | -11.04 | -94.11 | 0.01 | -50.0 | -93.75 | 6.14 | 12.45 | 1605.56 | 6386.31 | 48.17 | 1005.97 | 567.41 | 79.17 | 1144.87 | 5825.04 | 45.66 | 994.48 |
| 23Q3 (19) | 16.66 | -46.41 | -43.35 | 0.02 | 0.0 | -50.0 | 5.46 | 86.35 | 76.7 | 4310.21 | -26.24 | 88.56 | 316.68 | -27.5 | 100.71 | 3998.99 | -26.07 | 87.64 |
| 23Q2 (18) | 31.09 | -86.22 | 6.66 | 0.02 | -60.0 | -33.33 | 2.93 | 632.5 | -6.09 | 5843.31 | 235.96 | 123.66 | 436.82 | 202.15 | 157.15 | 5409.42 | 239.12 | 121.17 |
| 23Q1 (17) | 225.64 | -10.32 | 579.23 | 0.05 | -68.75 | 25.0 | 0.40 | 11.11 | -85.4 | 1739.30 | 201.21 | -18.73 | 144.57 | 217.18 | 5.89 | 1595.13 | 199.71 | -20.49 |
| 22Q4 (16) | 251.60 | 755.49 | 1313.48 | 0.16 | 300.0 | 433.33 | 0.36 | -88.35 | -92.95 | 577.44 | -74.74 | -78.4 | 45.58 | -71.11 | -77.45 | 532.22 | -75.03 | -78.51 |
| 22Q3 (15) | 29.41 | 0.89 | 115.3 | 0.04 | 33.33 | 33.33 | 3.09 | -0.96 | -53.6 | 2285.90 | -12.5 | -22.19 | 157.78 | -7.12 | -44.67 | 2131.22 | -12.86 | -19.86 |
| 22Q2 (14) | 29.15 | -12.25 | 107.18 | 0.03 | -25.0 | 50.0 | 3.12 | 13.87 | -51.78 | 2612.59 | 22.08 | -36.32 | 169.87 | 24.42 | -62.94 | 2445.84 | 21.91 | -33.0 |
| 22Q1 (13) | 33.22 | 86.63 | 149.03 | 0.04 | 33.33 | 33.33 | 2.74 | -46.38 | -59.82 | 2140.11 | -19.94 | -41.04 | 136.53 | -32.47 | -67.32 | 2006.32 | -18.97 | -37.66 |
| 21Q4 (12) | 17.80 | 30.31 | 37.13 | 0.03 | 0.0 | 0.0 | 5.11 | -23.27 | -27.1 | 2673.21 | -9.0 | -5.03 | 202.17 | -29.1 | -35.33 | 2476.15 | -6.89 | -1.32 |
| 21Q3 (11) | 13.66 | -2.91 | 72.04 | 0.03 | 50.0 | 50.0 | 6.66 | 2.94 | -41.94 | 2937.73 | -28.39 | -29.56 | 285.15 | -37.79 | -47.71 | 2659.24 | -27.16 | -26.88 |
| 21Q2 (10) | 14.07 | 5.47 | 625.26 | 0.02 | -33.33 | 100.0 | 6.47 | -5.13 | -86.24 | 4102.45 | 13.03 | -60.73 | 458.35 | 9.71 | -68.86 | 3650.57 | 13.42 | -59.54 |
| 21Q1 (9) | 13.34 | 2.77 | 203.18 | 0.03 | 0.0 | 50.0 | 6.82 | -2.71 | -67.01 | 3629.51 | 28.95 | -29.29 | 417.79 | 33.64 | -45.93 | 3218.54 | 28.27 | -26.54 |
| 20Q4 (8) | 12.98 | 63.48 | -10.17 | 0.03 | 50.0 | -25.0 | 7.01 | -38.88 | 11.27 | 2814.76 | -32.51 | 33.93 | 312.63 | -42.67 | 95.93 | 2509.15 | -31.0 | 28.77 |
| 20Q3 (7) | 7.94 | 309.28 | -52.71 | 0.02 | 100.0 | -71.43 | 11.47 | -75.6 | 111.62 | 4170.44 | -60.08 | 216.02 | 545.29 | -62.96 | 1243.08 | 3636.61 | -59.69 | 183.12 |
| 20Q2 (6) | 1.94 | -55.91 | -86.24 | 0.01 | -50.0 | -83.33 | 47.01 | 127.43 | 628.84 | 10447.60 | 103.53 | 551.74 | 1471.97 | 90.49 | 1785.69 | 9022.63 | 105.94 | 489.17 |
| 20Q1 (5) | 4.40 | -69.55 | -58.72 | 0.02 | -50.0 | -50.0 | 20.67 | 228.1 | 142.04 | 5133.16 | 144.23 | 114.21 | 772.72 | 384.28 | 513.42 | 4381.11 | 124.85 | 92.25 |
| 19Q4 (4) | 14.45 | -13.94 | 0.0 | 0.04 | -42.86 | 0.0 | 6.30 | 16.24 | 0.0 | 2101.74 | 59.26 | 0.0 | 159.56 | 293.0 | 0.0 | 1948.49 | 51.69 | 0.0 |
| 19Q3 (3) | 16.79 | 19.08 | 0.0 | 0.07 | 16.67 | 0.0 | 5.42 | -15.97 | 0.0 | 1319.66 | -17.68 | 0.0 | 40.60 | -47.99 | 0.0 | 1284.48 | -16.12 | 0.0 |
| 19Q2 (2) | 14.10 | 32.27 | 0.0 | 0.06 | 50.0 | 0.0 | 6.45 | -24.47 | 0.0 | 1603.04 | -33.1 | 0.0 | 78.06 | -38.03 | 0.0 | 1531.42 | -32.8 | 0.0 |
| 19Q1 (1) | 10.66 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 8.54 | 0.0 | 0.0 | 2396.30 | 0.0 | 0.0 | 125.97 | 0.0 | 0.0 | 2278.87 | 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) | 218.49 | -10.61 | 0.10 | -62.96 | 1.67 | 12.08 | 3561.62 | 162.67 | 346.25 | 232.58 | 3217.04 | 156.69 |
| 2022 (9) | 244.43 | 354.33 | 0.27 | 125.0 | 1.49 | -78.02 | 1355.91 | -55.91 | 104.11 | -64.26 | 1253.29 | -55.1 |
| 2021 (8) | 53.80 | 52.97 | 0.12 | 50.0 | 6.78 | -34.68 | 3075.51 | -31.22 | 291.26 | -56.03 | 2791.04 | -26.92 |
| 2020 (7) | 35.17 | -48.29 | 0.08 | -61.9 | 10.38 | 93.3 | 4471.23 | 154.42 | 662.41 | 202.71 | 3819.19 | 147.36 |
| 2019 (6) | 68.02 | 180.73 | 0.21 | -4.55 | 5.37 | -64.34 | 1757.43 | 4.78 | 218.83 | 130.47 | 1543.97 | -3.34 |
| 2018 (5) | 24.23 | 20.37 | 0.22 | 46.67 | 15.06 | -16.93 | 1677.29 | -29.27 | 94.95 | 38.29 | 1597.40 | -31.17 |
| 2017 (4) | 20.13 | -67.72 | 0.15 | 114.29 | 18.13 | 209.91 | 2371.25 | -51.67 | 68.66 | -41.44 | 2320.72 | -51.6 |
| 2016 (3) | 62.37 | -40.72 | 0.07 | 133.33 | 5.85 | 68.59 | 4906.34 | -61.55 | 117.25 | -64.22 | 4794.94 | -61.44 |
| 2015 (2) | 105.22 | 56.34 | 0.03 | 0.0 | 3.47 | -35.98 | 12758.90 | 12.23 | 327.67 | 161.45 | 12434.70 | 10.54 |
| 2014 (1) | 67.30 | -44.83 | 0.03 | 200.0 | 5.42 | 81.27 | 11368.80 | -68.28 | 125.33 | -60.35 | 11248.90 | -68.33 |
