- 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) | 12.67 | 65.19 | -24.27 | 0.52 | 1200.0 | 147.62 | 7.18 | -39.51 | 31.99 | 173.67 | -91.51 | -60.26 | 83.39 | -88.74 | -23.93 | 97.45 | -92.6 | -70.72 |
| 23Q3 (19) | 7.67 | -69.73 | -65.68 | 0.04 | -80.95 | -78.95 | 11.87 | 230.64 | 191.65 | 2045.15 | 370.52 | 337.92 | 740.38 | 510.37 | 848.48 | 1316.63 | 315.41 | 235.0 |
| 23Q2 (18) | 25.34 | 112.76 | 67.59 | 0.21 | 600.0 | 320.0 | 3.59 | -53.01 | -40.37 | 434.66 | -84.78 | -75.69 | 121.30 | -84.14 | -45.29 | 316.95 | -84.9 | -79.84 |
| 23Q1 (17) | 11.91 | -28.81 | -31.51 | 0.03 | -85.71 | -80.0 | 7.64 | 40.44 | 46.08 | 2856.42 | 553.57 | 382.89 | 764.97 | 597.84 | 871.88 | 2099.09 | 530.6 | 305.19 |
| 22Q4 (16) | 16.73 | -25.15 | 49.38 | 0.21 | 10.53 | 600.0 | 5.44 | 33.66 | -33.09 | 437.05 | -6.42 | -85.78 | 109.62 | 40.43 | -69.99 | 332.87 | -15.3 | -87.75 |
| 22Q3 (15) | 22.35 | 47.82 | 8.18 | 0.19 | 280.0 | 216.67 | 4.07 | -32.39 | -7.5 | 467.01 | -73.88 | -71.11 | 78.06 | -64.79 | -19.42 | 393.02 | -75.0 | -74.22 |
| 22Q2 (14) | 15.12 | -13.05 | -23.29 | 0.05 | -66.67 | 150.0 | 6.02 | 15.11 | 30.3 | 1787.91 | 202.25 | -56.9 | 221.70 | 181.67 | -27.6 | 1572.23 | 203.49 | -59.13 |
| 22Q1 (13) | 17.39 | 55.27 | -55.64 | 0.15 | 400.0 | 0.0 | 5.23 | -35.67 | 125.43 | 591.53 | -80.76 | -3.18 | 78.71 | -78.45 | 4.88 | 518.05 | -80.93 | -3.75 |
| 21Q4 (12) | 11.20 | -45.79 | -61.47 | 0.03 | -50.0 | -72.73 | 8.13 | 84.77 | 159.74 | 3073.98 | 90.14 | 275.31 | 365.22 | 277.02 | 277.88 | 2716.89 | 78.25 | 274.46 |
| 21Q3 (11) | 20.66 | 4.82 | -2.59 | 0.06 | 200.0 | 100.0 | 4.40 | -4.76 | 2.56 | 1616.70 | -61.03 | -42.46 | 96.87 | -68.37 | -65.82 | 1524.23 | -60.38 | -39.76 |
| 21Q2 (10) | 19.71 | -49.72 | -10.29 | 0.02 | -86.67 | -33.33 | 4.62 | 99.14 | 11.59 | 4148.51 | 579.03 | 17.74 | 306.23 | 308.03 | 3.34 | 3846.90 | 614.74 | 19.06 |
| 21Q1 (9) | 39.20 | 34.85 | 45.02 | 0.15 | 36.36 | 275.0 | 2.32 | -25.88 | -31.16 | 610.95 | -25.41 | -73.94 | 75.05 | -22.35 | -61.98 | 538.22 | -25.82 | -74.97 |
| 20Q4 (8) | 29.07 | 37.06 | 19.09 | 0.11 | 266.67 | -15.38 | 3.13 | -27.04 | -16.09 | 819.05 | -70.85 | 13.16 | 96.65 | -65.9 | 16.47 | 725.54 | -71.33 | 12.57 |
| 20Q3 (7) | 21.21 | -3.46 | 50.75 | 0.03 | 0.0 | -40.0 | 4.29 | 3.62 | -33.69 | 2809.54 | -20.26 | 63.76 | 283.45 | -4.35 | 27.3 | 2530.38 | -21.69 | 68.76 |
| 20Q2 (6) | 21.97 | -18.72 | 55.48 | 0.03 | -25.0 | -72.73 | 4.14 | 22.85 | -35.71 | 3523.36 | 50.31 | 339.04 | 296.34 | 50.14 | 210.63 | 3231.16 | 50.29 | 352.82 |
| 20Q1 (5) | 27.03 | 10.73 | 307.08 | 0.04 | -69.23 | 100.0 | 3.37 | -9.65 | -75.4 | 2344.04 | 223.87 | -60.96 | 197.38 | 137.86 | -74.94 | 2150.02 | 233.58 | -58.9 |
| 19Q4 (4) | 24.41 | 73.49 | 0.0 | 0.13 | 160.0 | 0.0 | 3.73 | -42.35 | 0.0 | 723.77 | -57.81 | 0.0 | 82.98 | -62.73 | 0.0 | 644.52 | -57.02 | 0.0 |
| 19Q3 (3) | 14.07 | -0.42 | 0.0 | 0.05 | -54.55 | 0.0 | 6.47 | 0.47 | 0.0 | 1715.61 | 113.78 | 0.0 | 222.66 | 133.4 | 0.0 | 1499.42 | 110.13 | 0.0 |
| 19Q2 (2) | 14.13 | 112.8 | 0.0 | 0.11 | 450.0 | 0.0 | 6.44 | -52.99 | 0.0 | 802.52 | -86.64 | 0.0 | 95.40 | -87.89 | 0.0 | 713.56 | -86.36 | 0.0 |
| 19Q1 (1) | 6.64 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 13.70 | 0.0 | 0.0 | 6004.68 | 0.0 | 0.0 | 787.48 | 0.0 | 0.0 | 5230.91 | 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) | 47.08 | -15.03 | 0.82 | 36.67 | 7.75 | 17.6 | 446.11 | -26.65 | 185.24 | 46.71 | 268.62 | -45.02 |
| 2022 (9) | 55.41 | 5.85 | 0.60 | 140.0 | 6.59 | -5.45 | 608.23 | -57.78 | 126.26 | -36.67 | 488.56 | -60.86 |
| 2021 (8) | 52.35 | -43.75 | 0.25 | 19.05 | 6.97 | 77.81 | 1440.50 | -17.57 | 199.38 | 2.35 | 1248.09 | -19.82 |
| 2020 (7) | 93.07 | 72.93 | 0.21 | -32.26 | 3.92 | -42.18 | 1747.53 | 47.54 | 194.80 | 30.72 | 1556.65 | 49.36 |
| 2019 (6) | 53.82 | 45.26 | 0.31 | 138.46 | 6.78 | -31.17 | 1184.44 | -59.21 | 149.02 | -42.77 | 1042.20 | -60.72 |
| 2018 (5) | 37.05 | 73.54 | 0.13 | 225.0 | 9.85 | -42.4 | 2903.54 | -68.08 | 260.37 | -65.96 | 2653.01 | -68.22 |
| 2017 (4) | 21.35 | -51.11 | 0.04 | -83.33 | 17.10 | 104.55 | 9095.63 | 503.14 | 764.81 | 303.08 | 8347.92 | 529.25 |
| 2016 (3) | 43.67 | -39.58 | 0.24 | -4.0 | 8.36 | 65.54 | 1508.04 | 3.9 | 189.74 | 4.05 | 1326.65 | 4.12 |
| 2015 (2) | 72.28 | -44.66 | 0.25 | -41.86 | 5.05 | 81.0 | 1451.48 | 70.66 | 182.35 | 55.26 | 1274.18 | 73.16 |
| 2014 (1) | 130.62 | 184.51 | 0.43 | 72.0 | 2.79 | -64.91 | 850.50 | -42.71 | 117.45 | -54.41 | 735.85 | -40.41 |
