- 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) | 0.94 | -6.93 | 16.05 | 1.44 | -9.43 | 23.08 | 96.97 | 7.29 | -13.61 | 62.98 | 9.78 | -19.21 | 80.76 | 15.37 | 1.51 | 79.19 | 1.85 | -28.44 |
| 23Q3 (19) | 1.01 | 8.6 | 0.0 | 1.59 | 14.39 | 16.91 | 90.38 | -8.01 | -0.15 | 57.37 | -12.41 | -13.99 | 70.00 | 2.13 | -1.16 | 77.75 | -18.34 | -10.0 |
| 23Q2 (18) | 0.93 | 8.14 | 1.09 | 1.39 | 11.2 | 18.8 | 98.25 | -7.51 | -0.48 | 65.50 | -9.89 | -15.67 | 68.54 | -3.75 | -20.4 | 95.21 | -11.61 | 5.46 |
| 23Q1 (17) | 0.86 | 6.17 | -1.15 | 1.25 | 6.84 | 8.7 | 106.23 | -5.36 | 1.12 | 72.69 | -6.76 | -8.17 | 71.21 | -10.5 | -21.47 | 107.72 | -2.66 | 15.16 |
| 22Q4 (16) | 0.81 | -19.8 | 2.53 | 1.17 | -13.97 | 0.0 | 112.25 | 24.01 | -2.13 | 77.96 | 16.88 | 0.62 | 79.56 | 12.34 | -15.15 | 110.66 | 28.09 | 12.46 |
| 22Q3 (15) | 1.01 | 9.78 | 9.78 | 1.36 | 16.24 | -3.55 | 90.52 | -8.31 | -8.98 | 66.70 | -14.12 | 3.56 | 70.82 | -17.76 | -17.28 | 86.39 | -4.31 | 10.4 |
| 22Q2 (14) | 0.92 | 5.75 | -3.16 | 1.17 | 1.74 | -18.18 | 98.72 | -6.03 | 3.33 | 77.67 | -1.88 | 22.35 | 86.11 | -5.04 | -3.07 | 90.28 | -3.49 | 28.64 |
| 22Q1 (13) | 0.87 | 10.13 | -7.45 | 1.15 | -1.71 | -22.3 | 105.05 | -8.41 | 8.05 | 79.16 | 2.17 | 29.09 | 90.68 | -3.3 | 4.99 | 93.54 | -4.94 | 29.61 |
| 21Q4 (12) | 0.79 | -14.13 | -16.84 | 1.17 | -17.02 | -22.52 | 114.69 | 15.32 | 19.18 | 77.48 | 20.29 | 28.15 | 93.77 | 9.53 | 10.51 | 98.40 | 25.75 | 36.97 |
| 21Q3 (11) | 0.92 | -3.16 | -8.91 | 1.41 | -1.4 | -9.03 | 99.45 | 4.09 | 10.1 | 64.41 | 1.47 | 10.01 | 85.61 | -3.64 | 8.68 | 78.25 | 11.5 | 11.61 |
| 21Q2 (10) | 0.95 | 1.06 | -22.13 | 1.43 | -3.38 | -11.73 | 95.54 | -1.73 | 27.57 | 63.48 | 3.52 | 13.03 | 88.84 | 2.86 | 33.49 | 70.18 | -2.76 | 8.81 |
| 21Q1 (9) | 0.94 | -1.05 | 18.99 | 1.48 | -1.99 | 26.5 | 97.22 | 1.03 | -16.1 | 61.32 | 1.42 | -21.37 | 86.37 | 1.79 | -3.81 | 72.17 | 0.46 | -30.65 |
| 20Q4 (8) | 0.95 | -5.94 | 7.95 | 1.51 | -2.58 | 10.22 | 96.23 | 6.53 | -7.36 | 60.46 | 3.26 | -9.07 | 84.85 | 7.72 | 2.36 | 71.84 | 2.47 | -17.88 |
| 20Q3 (7) | 1.01 | -17.21 | 17.44 | 1.55 | -4.32 | 10.71 | 90.33 | 20.62 | -14.65 | 58.55 | 4.26 | -9.66 | 78.77 | 18.36 | -7.11 | 70.11 | 8.7 | -18.33 |
| 20Q2 (6) | 1.22 | 54.43 | 34.07 | 1.62 | 38.46 | 6.58 | 74.89 | -35.37 | -25.07 | 56.16 | -27.99 | -6.12 | 66.55 | -25.88 | -15.07 | 64.50 | -38.02 | -20.77 |
| 20Q1 (5) | 0.79 | -10.23 | -3.66 | 1.17 | -14.6 | -15.22 | 115.87 | 11.54 | 3.81 | 77.99 | 17.3 | 18.31 | 89.79 | 8.32 | 1.24 | 104.07 | 18.96 | 17.13 |
| 19Q4 (4) | 0.88 | 2.33 | 0.0 | 1.37 | -2.14 | 0.0 | 103.88 | -1.85 | 0.0 | 66.49 | 2.59 | 0.0 | 82.89 | -2.25 | 0.0 | 87.48 | 1.9 | 0.0 |
| 19Q3 (3) | 0.86 | -5.49 | 0.0 | 1.40 | -7.89 | 0.0 | 105.84 | 5.89 | 0.0 | 64.81 | 8.34 | 0.0 | 84.80 | 8.22 | 0.0 | 85.85 | 5.45 | 0.0 |
| 19Q2 (2) | 0.91 | 10.98 | 0.0 | 1.52 | 10.14 | 0.0 | 99.95 | -10.46 | 0.0 | 59.82 | -9.25 | 0.0 | 78.36 | -11.65 | 0.0 | 81.41 | -8.37 | 0.0 |
| 19Q1 (1) | 0.82 | 0.0 | 0.0 | 1.38 | 0.0 | 0.0 | 111.62 | 0.0 | 0.0 | 65.92 | 0.0 | 0.0 | 88.69 | 0.0 | 0.0 | 88.85 | 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) | 3.64 | -1.89 | 5.14 | 0.98 | 100.16 | 1.75 | 70.97 | -1.05 | 77.64 | 1.17 | 93.49 | 0.07 |
| 2022 (9) | 3.71 | -3.13 | 5.09 | -8.62 | 98.44 | 3.43 | 71.72 | 9.4 | 76.74 | -5.22 | 93.42 | 17.13 |
| 2021 (8) | 3.83 | 1.86 | 5.57 | -4.79 | 95.18 | -1.87 | 65.56 | 5.03 | 80.97 | 0.04 | 79.76 | 1.64 |
| 2020 (7) | 3.76 | 5.92 | 5.85 | -0.51 | 96.99 | -5.63 | 62.42 | 0.58 | 80.94 | -1.11 | 78.47 | -5.45 |
| 2019 (6) | 3.55 | -2.74 | 5.88 | -17.99 | 102.78 | 2.84 | 62.06 | 21.95 | 81.85 | 10.22 | 82.99 | 8.38 |
| 2018 (5) | 3.65 | 13.0 | 7.17 | 13.27 | 99.94 | -11.46 | 50.89 | -11.71 | 74.26 | -13.0 | 76.57 | -10.07 |
| 2017 (4) | 3.23 | 0.62 | 6.33 | 6.03 | 112.87 | -0.73 | 57.64 | -5.76 | 85.36 | -2.96 | 85.14 | -2.03 |
| 2016 (3) | 3.21 | 7.0 | 5.97 | 0.17 | 113.70 | -6.67 | 61.16 | -0.07 | 87.96 | -2.34 | 86.90 | -6.51 |
| 2015 (2) | 3.00 | 7.91 | 5.96 | -0.5 | 121.82 | -7.21 | 61.20 | 0.36 | 90.07 | -10.24 | 92.95 | 1.12 |
| 2014 (1) | 2.78 | -11.18 | 5.99 | -16.34 | 131.28 | 12.74 | 60.98 | 19.59 | 100.34 | 5.48 | 91.92 | 27.14 |
