- 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) | 4.52 | -50.22 | 96.52 | 0.10 | -23.08 | 233.33 | 20.12 | 100.6 | -49.23 | 904.95 | 29.75 | -66.33 | 64.82 | 39.61 | -64.45 | 860.24 | 30.14 | -66.2 |
| 23Q3 (19) | 9.08 | 254.69 | 530.56 | 0.13 | 550.0 | 0 | 10.03 | -71.79 | -84.14 | 697.44 | -85.8 | -96.23 | 46.43 | -83.81 | -95.14 | 661.03 | -85.82 | -96.24 |
| 23Q2 (18) | 2.56 | 86.86 | 265.71 | 0.02 | 0.0 | 100.0 | 35.55 | -46.65 | -72.71 | 4913.07 | 0.1 | -70.97 | 286.71 | -12.72 | -66.81 | 4661.90 | 0.34 | -71.2 |
| 23Q1 (17) | 1.37 | -40.43 | -88.66 | 0.02 | -33.33 | -75.0 | 66.63 | 68.13 | 784.86 | 4908.05 | 82.63 | 338.5 | 328.51 | 80.14 | 476.03 | 4646.17 | 82.58 | 334.31 |
| 22Q4 (16) | 2.30 | 59.72 | -74.36 | 0.03 | 0 | -80.0 | 39.63 | -37.34 | 290.44 | 2687.50 | -85.47 | 336.73 | 182.36 | -80.92 | 543.93 | 2544.76 | -85.54 | 326.12 |
| 22Q3 (15) | 1.44 | 105.71 | -84.79 | 0.00 | -100.0 | -100.0 | 63.25 | -51.45 | 558.17 | 18490.30 | 9.26 | 3195.31 | 955.54 | 10.63 | 3858.33 | 17598.00 | 8.7 | 3119.66 |
| 22Q2 (14) | 0.70 | -94.21 | -95.83 | 0.01 | -87.5 | -90.0 | 130.27 | 1630.01 | 2303.51 | 16923.10 | 1411.95 | 1835.44 | 863.74 | 1414.54 | 2460.75 | 16189.60 | 1413.34 | 1813.51 |
| 22Q1 (13) | 12.08 | 34.67 | 9966.67 | 0.08 | -46.67 | 0 | 7.53 | -25.81 | -99.0 | 1119.29 | 81.89 | -99.63 | 57.03 | 101.38 | -99.49 | 1069.79 | 79.13 | -99.64 |
| 21Q4 (12) | 8.97 | -5.28 | -60.34 | 0.15 | -6.25 | 25.0 | 10.15 | 5.62 | 152.49 | 615.37 | 9.67 | -19.13 | 28.32 | 17.32 | -3.41 | 597.20 | 9.26 | -18.82 |
| 21Q3 (11) | 9.47 | -43.63 | -44.23 | 0.16 | 60.0 | 60.0 | 9.61 | 77.31 | 79.29 | 561.11 | -35.83 | -40.59 | 24.14 | -28.43 | -27.9 | 546.58 | -35.4 | -40.35 |
| 21Q2 (10) | 16.80 | 13900.0 | 421.74 | 0.10 | 0 | 150.0 | 5.42 | -99.28 | -80.79 | 874.38 | -99.71 | -65.91 | 33.73 | -99.7 | -58.22 | 846.07 | -99.71 | -66.32 |
| 21Q1 (9) | 0.12 | -99.47 | -67.57 | 0.00 | -100.0 | -100.0 | 753.06 | 18632.84 | 208.95 | 306085.00 | 40123.0 | 4132.41 | 11137.50 | 37886.02 | 4124.67 | 295701.00 | 40094.24 | 4000.1 |
| 20Q4 (8) | 22.62 | 33.22 | 609.09 | 0.12 | 20.0 | 33.33 | 4.02 | -25.0 | -85.9 | 760.97 | -19.42 | -23.96 | 29.32 | -12.43 | -29.16 | 735.68 | -19.71 | -25.53 |
| 20Q3 (7) | 16.98 | 427.33 | 2777.97 | 0.10 | 150.0 | 0 | 5.36 | -81.01 | -96.5 | 944.40 | -63.18 | -99.69 | 33.48 | -58.53 | -99.72 | 916.29 | -63.53 | -99.68 |
| 20Q2 (6) | 3.22 | 770.27 | 3925.0 | 0.04 | 300.0 | 0 | 28.22 | -88.42 | -97.6 | 2564.70 | -64.54 | 0 | 80.74 | -69.37 | 0 | 2512.18 | -65.17 | 0 |
| 20Q1 (5) | 0.37 | -88.4 | 48.0 | 0.01 | -88.89 | 0 | 243.75 | 754.66 | -32.63 | 7231.93 | 622.66 | -98.71 | 263.63 | 536.94 | -98.98 | 7212.05 | 630.07 | -98.65 |
| 19Q4 (4) | 3.19 | 440.68 | 0.0 | 0.09 | 0 | 0.0 | 28.52 | -81.39 | 0.0 | 1000.74 | -99.67 | 0.0 | 41.39 | -99.66 | 0.0 | 987.86 | -99.66 | 0.0 |
| 19Q3 (3) | 0.59 | 637.5 | 0.0 | 0.00 | 0 | 0.0 | 153.22 | -86.96 | 0.0 | 301740.00 | 0 | 0.0 | 12138.20 | 0 | 0.0 | 289755.00 | 0 | 0.0 |
| 19Q2 (2) | 0.08 | -68.0 | 0.0 | 0.00 | 0 | 0.0 | 1174.85 | 224.7 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 19Q1 (1) | 0.25 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 361.83 | 0.0 | 0.0 | 560359.00 | 0.0 | 0.0 | 25820.90 | 0.0 | 0.0 | 534900.00 | 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) | 15.55 | 34.87 | 0.28 | 133.33 | 23.48 | -25.81 | 1313.16 | -57.49 | 101.84 | -51.63 | 1234.79 | -57.57 |
| 2022 (9) | 11.53 | -75.69 | 0.12 | -71.43 | 31.65 | 311.04 | 3088.85 | 256.28 | 210.53 | 442.04 | 2909.96 | 248.15 |
| 2021 (8) | 47.42 | 431.02 | 0.42 | 44.83 | 7.70 | -81.16 | 866.98 | -30.04 | 38.84 | -25.95 | 835.84 | -31.91 |
| 2020 (7) | 8.93 | 179.06 | 0.29 | 190.0 | 40.86 | -64.2 | 1239.23 | -66.68 | 52.45 | -69.59 | 1227.64 | -66.46 |
| 2019 (6) | 3.20 | -62.79 | 0.10 | -70.59 | 114.13 | 169.05 | 3718.85 | 241.49 | 172.49 | 204.32 | 3660.49 | 240.59 |
| 2018 (5) | 8.60 | -2.93 | 0.34 | -12.82 | 42.42 | 3.01 | 1089.00 | 17.81 | 56.68 | -3.72 | 1074.75 | 18.54 |
| 2017 (4) | 8.86 | -97.0 | 0.39 | -7.14 | 41.18 | 3220.97 | 924.37 | 5.29 | 58.87 | 21.18 | 906.69 | 9.16 |
| 2016 (3) | 295.16 | -51.84 | 0.42 | 281.82 | 1.24 | 106.67 | 877.95 | -74.52 | 48.58 | -67.25 | 830.61 | -74.81 |
| 2015 (2) | 612.87 | 7697.33 | 0.11 | -57.69 | 0.60 | -98.71 | 3445.29 | 146.34 | 148.34 | 88.18 | 3297.54 | 141.36 |
| 2014 (1) | 7.86 | 114.17 | 0.26 | 13.04 | 46.44 | -53.33 | 1398.61 | -10.95 | 78.83 | -27.98 | 1366.21 | -12.46 |
