- 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) | 2.30 | 36.9 | 43.75 | 0.21 | 75.0 | 90.91 | 39.49 | -26.92 | -30.46 | 423.99 | -44.97 | -49.4 | 130.82 | -32.72 | -43.05 | 332.65 | -47.21 | -49.98 |
| 23Q3 (19) | 1.68 | -10.64 | 24.44 | 0.12 | -14.29 | 33.33 | 54.04 | 11.51 | -20.0 | 770.51 | 21.02 | -21.3 | 194.44 | 24.81 | -7.58 | 630.11 | 19.04 | -24.64 |
| 23Q2 (18) | 1.88 | 66.37 | 37.23 | 0.14 | 100.0 | 55.56 | 48.46 | -39.94 | -26.94 | 636.67 | -51.97 | -34.7 | 155.79 | -58.19 | -23.68 | 529.34 | -48.79 | -36.77 |
| 23Q1 (17) | 1.13 | -29.38 | -0.88 | 0.07 | -36.36 | 0.0 | 80.68 | 42.07 | 0.7 | 1325.66 | 58.21 | 5.0 | 372.62 | 62.21 | 20.57 | 1033.72 | 55.45 | 0.0 |
| 22Q4 (16) | 1.60 | 18.52 | -40.74 | 0.11 | 22.22 | -54.17 | 56.79 | -15.93 | 68.42 | 837.92 | -14.41 | 118.5 | 229.72 | 9.19 | 158.26 | 665.00 | -20.47 | 102.58 |
| 22Q3 (15) | 1.35 | -1.46 | 4.65 | 0.09 | 0.0 | 0.0 | 67.55 | 1.84 | -4.29 | 979.02 | 0.41 | -1.1 | 210.39 | 3.07 | 20.98 | 836.18 | -0.12 | -5.68 |
| 22Q2 (14) | 1.37 | 20.18 | -20.81 | 0.09 | 28.57 | 0.0 | 66.33 | -17.21 | 26.42 | 975.02 | -22.78 | -7.67 | 204.13 | -33.95 | 3.37 | 837.22 | -19.01 | -8.1 |
| 22Q1 (13) | 1.14 | -57.78 | -56.65 | 0.07 | -70.83 | 0.0 | 80.12 | 137.6 | 131.96 | 1262.59 | 229.24 | -8.08 | 309.04 | 247.43 | -4.59 | 1033.67 | 214.89 | -4.66 |
| 21Q4 (12) | 2.70 | 109.3 | -24.16 | 0.24 | 166.67 | 71.43 | 33.72 | -52.22 | 31.72 | 383.49 | -61.26 | -41.76 | 88.95 | -48.85 | -46.09 | 328.26 | -62.97 | -36.76 |
| 21Q3 (11) | 1.29 | -25.43 | -65.96 | 0.09 | 0.0 | -30.77 | 70.58 | 34.51 | 193.96 | 989.86 | -6.27 | 46.39 | 173.90 | -11.94 | 7.68 | 886.54 | -2.69 | 64.57 |
| 21Q2 (10) | 1.73 | -34.22 | -29.39 | 0.09 | 28.57 | 0.0 | 52.47 | 51.91 | 41.01 | 1056.05 | -23.11 | 3.27 | 197.48 | -39.03 | -14.52 | 911.04 | -15.97 | 9.92 |
| 21Q1 (9) | 2.63 | -26.12 | 13.36 | 0.07 | -50.0 | -12.5 | 34.54 | 34.92 | -12.11 | 1373.52 | 108.58 | 27.83 | 323.91 | 96.3 | 14.4 | 1084.14 | 108.85 | 30.52 |
| 20Q4 (8) | 3.56 | -6.07 | 48.33 | 0.14 | 7.69 | 7.69 | 25.60 | 6.62 | -32.42 | 658.52 | -2.61 | -7.93 | 165.01 | 2.17 | -34.47 | 519.11 | -3.63 | 3.56 |
| 20Q3 (7) | 3.79 | 54.69 | 19.56 | 0.13 | 44.44 | 62.5 | 24.01 | -35.47 | -16.37 | 676.18 | -33.88 | -36.98 | 161.50 | -30.1 | -62.48 | 538.69 | -35.0 | -19.75 |
| 20Q2 (6) | 2.45 | 5.6 | -0.41 | 0.09 | 12.5 | 0.0 | 37.21 | -5.32 | 0.49 | 1022.61 | -4.83 | -1.04 | 231.03 | -18.4 | -46.81 | 828.79 | -0.22 | 30.32 |
| 20Q1 (5) | 2.32 | -3.33 | -2.11 | 0.08 | -38.46 | -11.11 | 39.30 | 3.75 | 2.4 | 1074.49 | 50.23 | 2.24 | 283.14 | 12.44 | -41.7 | 830.65 | 65.71 | 37.6 |
| 19Q4 (4) | 2.40 | -24.29 | 0.0 | 0.13 | 62.5 | 0.0 | 37.88 | 31.94 | 0.0 | 715.22 | -33.34 | 0.0 | 251.82 | -41.5 | 0.0 | 501.28 | -25.32 | 0.0 |
| 19Q3 (3) | 3.17 | 28.86 | 0.0 | 0.08 | -11.11 | 0.0 | 28.71 | -22.47 | 0.0 | 1072.96 | 3.84 | 0.0 | 430.43 | -0.91 | 0.0 | 671.24 | 5.54 | 0.0 |
| 19Q2 (2) | 2.46 | 3.8 | 0.0 | 0.09 | 0.0 | 0.0 | 37.03 | -3.52 | 0.0 | 1033.33 | -1.68 | 0.0 | 434.38 | -10.56 | 0.0 | 635.98 | 5.35 | 0.0 |
| 19Q1 (1) | 2.37 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 38.38 | 0.0 | 0.0 | 1050.98 | 0.0 | 0.0 | 485.67 | 0.0 | 0.0 | 603.69 | 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) | 6.19 | 20.9 | 0.55 | 48.65 | 59.01 | -17.17 | 664.62 | -33.2 | 229.25 | -23.8 | 494.38 | -35.41 |
| 2022 (9) | 5.12 | -38.46 | 0.37 | -24.49 | 71.24 | 62.43 | 994.99 | 34.08 | 300.86 | 50.61 | 765.37 | 30.57 |
| 2021 (8) | 8.32 | -28.4 | 0.49 | 8.89 | 43.86 | 39.68 | 742.08 | -8.99 | 199.76 | -14.61 | 586.18 | -4.35 |
| 2020 (7) | 11.62 | 21.55 | 0.45 | 18.42 | 31.40 | -17.78 | 815.41 | -15.87 | 233.95 | -39.47 | 612.87 | -1.29 |
| 2019 (6) | 9.56 | -78.62 | 0.38 | -68.85 | 38.19 | 368.01 | 969.23 | 224.35 | 386.51 | 465.9 | 620.90 | 160.13 |
| 2018 (5) | 44.71 | 131.66 | 1.22 | 320.69 | 8.16 | -56.85 | 298.82 | -76.12 | 68.30 | -59.75 | 238.69 | -78.31 |
| 2017 (4) | 19.30 | 277.69 | 0.29 | 625.0 | 18.91 | -73.5 | 1251.41 | -85.56 | 169.69 | -82.53 | 1100.64 | -85.82 |
| 2016 (3) | 5.11 | 1.79 | 0.04 | -33.33 | 71.36 | -1.82 | 8664.41 | 40.6 | 971.26 | 33.69 | 7764.51 | 40.95 |
| 2015 (2) | 5.02 | -32.16 | 0.06 | -14.29 | 72.68 | 47.36 | 6162.66 | 25.61 | 726.50 | -3.19 | 5508.84 | 31.0 |
| 2014 (1) | 7.40 | -93.97 | 0.07 | -88.89 | 49.32 | 1555.03 | 4906.22 | 745.65 | 750.44 | 894.49 | 4205.11 | 728.28 |
