- 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) | 5.98 | -4.47 | -0.66 | 5.47 | -16.1 | 65.26 | 15.23 | 4.82 | 0.73 | 16.65 | 19.35 | -39.37 | 44.25 | 0.84 | -5.39 | -12.37 | 19.73 | -195.23 |
| 23Q3 (19) | 6.26 | -1.11 | -51.32 | 6.52 | -5.09 | 124.05 | 14.53 | 0.97 | 105.23 | 13.95 | 5.36 | -55.42 | 43.88 | 2.07 | 30.36 | -15.41 | -0.33 | -427.87 |
| 23Q2 (18) | 6.33 | -0.78 | -59.5 | 6.87 | 10.1 | 169.41 | 14.39 | 0.84 | 147.25 | 13.24 | -9.25 | -62.86 | 42.99 | 9.72 | 65.16 | -15.36 | -48.84 | -199.48 |
| 23Q1 (17) | 6.38 | 5.98 | -11.63 | 6.24 | 88.52 | 660.98 | 14.27 | -5.62 | 13.16 | 14.59 | -46.87 | -86.88 | 39.18 | -16.23 | -11.74 | -10.32 | -146.3 | -112.99 |
| 22Q4 (16) | 6.02 | -53.19 | -31.9 | 3.31 | 13.75 | 136.43 | 15.12 | 113.56 | 46.94 | 27.46 | -12.24 | -57.84 | 46.77 | 38.95 | 85.01 | -4.19 | -189.15 | -108.36 |
| 22Q3 (15) | 12.86 | -17.72 | 587.7 | 2.91 | 14.12 | 561.36 | 7.08 | 21.65 | -85.41 | 31.29 | -12.23 | -84.79 | 33.66 | 29.31 | -69.64 | 4.70 | -69.56 | -96.72 |
| 22Q2 (14) | 15.63 | 116.48 | 462.23 | 2.55 | 210.98 | 119.83 | 5.82 | -53.85 | -82.22 | 35.65 | -67.94 | -54.47 | 26.03 | -41.36 | -53.16 | 15.44 | -80.56 | -72.16 |
| 22Q1 (13) | 7.22 | -18.33 | 142.28 | 0.82 | -41.43 | -50.3 | 12.61 | 22.55 | -58.68 | 111.20 | 70.71 | 102.22 | 44.39 | 75.59 | 5.99 | 79.43 | 58.42 | 82.05 |
| 21Q4 (12) | 8.84 | 372.73 | 37.69 | 1.40 | 218.18 | -62.57 | 10.29 | -78.8 | -27.43 | 65.14 | -68.33 | 167.41 | 25.28 | -77.2 | 23.62 | 50.14 | -65.02 | 177.02 |
| 21Q3 (11) | 1.87 | -32.73 | -76.12 | 0.44 | -62.07 | -87.68 | 48.54 | 48.3 | 317.73 | 205.66 | 162.66 | 705.88 | 110.87 | 99.51 | 369.39 | 143.33 | 158.49 | 960.13 |
| 21Q2 (10) | 2.78 | -6.71 | -39.96 | 1.16 | -29.7 | -22.67 | 32.73 | 7.24 | 66.56 | 78.30 | 42.39 | 28.87 | 55.57 | 32.69 | 22.16 | 55.45 | 27.09 | 58.79 |
| 21Q1 (9) | 2.98 | -53.58 | -53.0 | 1.65 | -55.88 | -49.54 | 30.52 | 115.23 | 112.53 | 54.99 | 125.74 | 97.31 | 41.88 | 104.79 | 23.47 | 43.63 | 141.05 | 425.03 |
| 20Q4 (8) | 6.42 | -18.01 | -6.41 | 3.74 | 4.76 | -44.84 | 14.18 | 22.03 | 6.86 | 24.36 | -4.55 | 81.52 | 20.45 | -13.42 | -38.99 | 18.10 | 33.88 | 364.62 |
| 20Q3 (7) | 7.83 | 69.11 | 72.09 | 3.57 | 138.0 | -47.35 | 11.62 | -40.87 | -41.93 | 25.52 | -58.0 | 90.16 | 23.62 | -48.08 | -44.95 | 13.52 | -61.28 | 242.47 |
| 20Q2 (6) | 4.63 | -26.97 | -7.03 | 1.50 | -54.13 | -85.18 | 19.65 | 36.84 | 7.44 | 60.76 | 118.01 | 575.86 | 45.49 | 34.11 | 28.0 | 34.92 | 320.22 | 522.76 |
| 20Q1 (5) | 6.34 | -7.58 | 41.83 | 3.27 | -51.77 | -64.5 | 14.36 | 8.21 | -29.54 | 27.87 | 107.68 | 182.09 | 33.92 | 1.19 | -31.01 | 8.31 | 221.49 | 143.95 |
| 19Q4 (4) | 6.86 | 50.77 | 0.0 | 6.78 | 0.0 | 0.0 | 13.27 | -33.68 | 0.0 | 13.42 | 0.0 | 0.0 | 33.52 | -21.88 | 0.0 | -6.84 | 27.92 | 0.0 |
| 19Q3 (3) | 4.55 | -8.63 | 0.0 | 6.78 | -33.0 | 0.0 | 20.01 | 9.4 | 0.0 | 13.42 | 49.28 | 0.0 | 42.91 | 20.74 | 0.0 | -9.49 | -14.89 | 0.0 |
| 19Q2 (2) | 4.98 | 11.41 | 0.0 | 10.12 | 9.88 | 0.0 | 18.29 | -10.26 | 0.0 | 8.99 | -9.01 | 0.0 | 35.54 | -27.72 | 0.0 | -8.26 | 56.32 | 0.0 |
| 19Q1 (1) | 4.47 | 0.0 | 0.0 | 9.21 | 0.0 | 0.0 | 20.38 | 0.0 | 0.0 | 9.88 | 0.0 | 0.0 | 49.17 | 0.0 | 0.0 | -18.91 | 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) | 31.97 | 65.91 | 26.40 | 198.31 | 11.42 | -39.7 | 13.83 | -66.48 | 33.44 | -42.51 | -8.20 | 0 |
| 2022 (9) | 19.27 | 9.43 | 8.85 | 70.52 | 18.94 | -8.59 | 41.26 | -41.37 | 58.17 | 47.27 | 2.04 | -96.05 |
| 2021 (8) | 17.61 | -5.02 | 5.19 | -58.18 | 20.72 | 5.23 | 70.37 | 139.19 | 39.50 | -1.99 | 51.60 | 486.36 |
| 2020 (7) | 18.54 | -34.28 | 12.41 | -60.05 | 19.69 | 52.16 | 29.42 | 150.38 | 40.30 | 21.61 | 8.80 | 0 |
| 2019 (6) | 28.21 | 9.98 | 31.06 | -51.94 | 12.94 | -9.07 | 11.75 | 107.96 | 33.14 | 52.23 | -8.44 | 0 |
| 2018 (5) | 25.65 | -2.29 | 64.63 | -56.84 | 14.23 | 2.37 | 5.65 | 131.56 | 21.77 | 169.43 | -1.90 | 0 |
| 2017 (4) | 26.25 | -17.04 | 149.75 | -3.45 | 13.90 | 20.45 | 2.44 | 3.83 | 8.08 | -43.18 | 8.26 | 0 |
| 2016 (3) | 31.64 | -13.86 | 155.10 | -22.18 | 11.54 | 16.1 | 2.35 | 28.42 | 14.22 | -27.04 | -0.33 | 0 |
| 2015 (2) | 36.73 | 49.86 | 199.31 | -19.82 | 9.94 | -33.24 | 1.83 | 24.49 | 19.49 | -21.54 | -7.72 | 0 |
| 2014 (1) | 24.51 | 3.81 | 248.57 | -21.84 | 14.89 | -3.69 | 1.47 | 27.83 | 24.84 | -7.93 | -8.48 | 0 |
