- 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) | 2.33 | 20.1 | 79.23 | 0.27 | 22.73 | 28.57 | 39.11 | -16.68 | -44.31 | 342.98 | -17.68 | -19.35 | 51.15 | -21.5 | -44.89 | 330.94 | -16.93 | -17.81 |
| 23Q3 (19) | 1.94 | 12.79 | 53.97 | 0.22 | 15.79 | -31.25 | 46.94 | -11.23 | -34.83 | 416.62 | -12.66 | 46.45 | 65.16 | -26.09 | -17.7 | 398.39 | -9.81 | 43.65 |
| 23Q2 (18) | 1.72 | -2.82 | 11.69 | 0.19 | -9.52 | -53.66 | 52.88 | 2.58 | -10.39 | 476.99 | 9.88 | 113.29 | 88.16 | 2.14 | 28.72 | 441.71 | 10.6 | 106.25 |
| 23Q1 (17) | 1.77 | 36.15 | -2.21 | 0.21 | 0.0 | -51.16 | 51.55 | -26.6 | 2.38 | 434.12 | 2.09 | 106.2 | 86.31 | -7.01 | 42.12 | 399.36 | -0.82 | 99.52 |
| 22Q4 (16) | 1.30 | 3.17 | -22.62 | 0.21 | -34.38 | -48.78 | 70.23 | -2.5 | 29.84 | 425.25 | 49.49 | 91.46 | 92.82 | 17.24 | 29.55 | 402.66 | 45.19 | 96.86 |
| 22Q3 (15) | 1.26 | -18.18 | -30.0 | 0.32 | -21.95 | -25.58 | 72.03 | 22.06 | 42.13 | 284.47 | 27.21 | 32.9 | 79.17 | 15.59 | 15.21 | 277.33 | 29.5 | 41.49 |
| 22Q2 (14) | 1.54 | -14.92 | -7.78 | 0.41 | -4.65 | 20.59 | 59.01 | 17.2 | 8.24 | 223.63 | 6.22 | -16.84 | 68.49 | 12.78 | -2.25 | 214.16 | 6.99 | -15.48 |
| 22Q1 (13) | 1.81 | 7.74 | 3.43 | 0.43 | 4.88 | 34.37 | 50.35 | -6.91 | -3.32 | 210.53 | -5.21 | -25.45 | 60.73 | -15.24 | 0.45 | 200.16 | -2.14 | -26.96 |
| 21Q4 (12) | 1.68 | -6.67 | -7.69 | 0.41 | -4.65 | 17.14 | 54.09 | 6.73 | 8.46 | 222.11 | 3.77 | -15.32 | 71.65 | 4.26 | 39.75 | 204.54 | 4.36 | -21.6 |
| 21Q3 (11) | 1.80 | 7.78 | 2.86 | 0.43 | 26.47 | 26.47 | 50.68 | -7.04 | -2.74 | 214.05 | -20.4 | -20.82 | 68.72 | -1.93 | 33.44 | 196.00 | -22.64 | -27.66 |
| 21Q2 (10) | 1.67 | -4.57 | 15.97 | 0.34 | 6.25 | 21.43 | 54.52 | 4.69 | -13.46 | 268.92 | -4.78 | -18.42 | 70.07 | 15.89 | 5.08 | 253.37 | -7.55 | -22.27 |
| 21Q1 (9) | 1.75 | -3.85 | -0.57 | 0.32 | -8.57 | -8.57 | 52.08 | 4.43 | 0.6 | 282.42 | 7.68 | 9.99 | 60.46 | 17.92 | -27.59 | 274.05 | 5.05 | 21.77 |
| 20Q4 (8) | 1.82 | 4.0 | -1.62 | 0.35 | 2.94 | -30.0 | 49.87 | -4.3 | 1.63 | 262.28 | -2.98 | 43.24 | 51.27 | -0.45 | -23.5 | 260.88 | -3.71 | 57.96 |
| 20Q3 (7) | 1.75 | 21.53 | 34.62 | 0.34 | 21.43 | -8.11 | 52.11 | -17.29 | -25.39 | 270.33 | -17.99 | 10.53 | 51.50 | -22.77 | -20.66 | 270.94 | -16.88 | 8.59 |
| 20Q2 (6) | 1.44 | -18.18 | 0.7 | 0.28 | -20.0 | -24.32 | 63.00 | 21.69 | -1.24 | 329.65 | 28.38 | 33.87 | 66.68 | -20.14 | 11.56 | 325.98 | 44.85 | 30.26 |
| 20Q1 (5) | 1.76 | -4.86 | 51.72 | 0.35 | -30.0 | -10.26 | 51.77 | 5.5 | -33.93 | 256.78 | 40.23 | 11.13 | 83.50 | 24.59 | 12.32 | 225.05 | 36.26 | -4.27 |
| 19Q4 (4) | 1.85 | 42.31 | 0.0 | 0.50 | 35.14 | 0.0 | 49.07 | -29.74 | 0.0 | 183.11 | -25.13 | 0.0 | 67.02 | 3.25 | 0.0 | 165.16 | -33.81 | 0.0 |
| 19Q3 (3) | 1.30 | -9.09 | 0.0 | 0.37 | 0.0 | 0.0 | 69.84 | 9.48 | 0.0 | 244.58 | -0.67 | 0.0 | 64.91 | 8.6 | 0.0 | 249.51 | -0.3 | 0.0 |
| 19Q2 (2) | 1.43 | 23.28 | 0.0 | 0.37 | -5.13 | 0.0 | 63.79 | -18.59 | 0.0 | 246.24 | 6.57 | 0.0 | 59.77 | -19.6 | 0.0 | 250.26 | 6.46 | 0.0 |
| 19Q1 (1) | 1.16 | 0.0 | 0.0 | 0.39 | 0.0 | 0.0 | 78.36 | 0.0 | 0.0 | 231.06 | 0.0 | 0.0 | 74.34 | 0.0 | 0.0 | 235.08 | 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) | 7.90 | 7.34 | 0.91 | -31.58 | 46.21 | -6.85 | 401.10 | 46.23 | 71.70 | 8.44 | 375.61 | 45.7 |
| 2022 (9) | 7.36 | 3.81 | 1.33 | -8.28 | 49.61 | -3.63 | 274.30 | 8.72 | 66.12 | 11.67 | 257.79 | 5.41 |
| 2021 (8) | 7.09 | 9.75 | 1.45 | 9.02 | 51.48 | -8.88 | 252.30 | -7.96 | 59.21 | -32.62 | 244.57 | 0.75 |
| 2020 (7) | 6.46 | 21.43 | 1.33 | -14.19 | 56.50 | -17.59 | 274.13 | 16.34 | 87.88 | -6.09 | 242.75 | 15.26 |
| 2019 (6) | 5.32 | -14.05 | 1.55 | -27.23 | 68.56 | 16.2 | 235.62 | 37.23 | 93.58 | 70.52 | 210.61 | 19.79 |
| 2018 (5) | 6.19 | 18.36 | 2.13 | 9.23 | 59.00 | -15.52 | 171.70 | -8.44 | 54.88 | -36.57 | 175.81 | 2.91 |
| 2017 (4) | 5.23 | -9.2 | 1.95 | -31.82 | 69.84 | 10.28 | 187.52 | 46.71 | 86.52 | 19.06 | 170.84 | 44.19 |
| 2016 (3) | 5.76 | -22.37 | 2.86 | -10.06 | 63.33 | 28.69 | 127.82 | 11.37 | 72.67 | 14.24 | 118.48 | 18.04 |
| 2015 (2) | 7.42 | -8.05 | 3.18 | -14.75 | 49.21 | 8.82 | 114.77 | 17.15 | 63.61 | 8.49 | 100.37 | 18.7 |
| 2014 (1) | 8.07 | 25.51 | 3.73 | 10.03 | 45.22 | -20.37 | 97.97 | -8.89 | 58.63 | 22.35 | 84.56 | -27.35 |
