- 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) | 0.56 | 64.71 | 133.33 | 0.37 | 42.31 | 37.04 | 162.92 | -39.35 | -57.8 | 247.12 | -28.95 | -26.79 | 87.53 | 0.38 | 97.05 | 322.51 | -39.06 | -52.52 |
| 23Q3 (19) | 0.34 | 41.67 | 30.77 | 0.26 | 18.18 | -18.75 | 268.61 | -29.37 | -24.32 | 347.83 | -16.63 | 22.89 | 87.20 | 27.11 | 26.16 | 529.24 | -27.39 | -6.97 |
| 23Q2 (18) | 0.24 | 26.32 | -22.58 | 0.22 | -4.35 | -31.25 | 380.29 | -22.01 | 30.39 | 417.20 | 7.28 | 46.53 | 68.60 | 42.89 | -33.18 | 728.90 | -12.02 | 53.87 |
| 23Q1 (17) | 0.19 | -20.83 | -44.12 | 0.23 | -14.81 | -36.11 | 487.61 | 26.29 | 84.18 | 388.89 | 15.21 | 54.95 | 48.01 | 8.08 | -50.17 | 828.49 | 21.97 | 97.55 |
| 22Q4 (16) | 0.24 | -7.69 | -45.45 | 0.27 | -15.62 | -43.75 | 386.11 | 8.78 | 87.36 | 337.56 | 19.26 | 77.02 | 44.42 | -35.73 | -52.37 | 679.25 | 19.4 | 123.8 |
| 22Q3 (15) | 0.26 | -16.13 | -55.17 | 0.32 | 0.0 | -43.86 | 354.95 | 21.7 | 128.18 | 283.04 | -0.59 | 77.02 | 69.12 | -32.67 | -29.8 | 568.87 | 20.09 | 162.16 |
| 22Q2 (14) | 0.31 | -8.82 | -56.94 | 0.32 | -11.11 | -48.39 | 291.65 | 10.16 | 131.91 | 284.72 | 13.44 | 93.49 | 102.66 | 6.56 | 14.49 | 473.71 | 12.95 | 158.5 |
| 22Q1 (13) | 0.34 | -22.73 | -43.33 | 0.36 | -25.0 | -23.4 | 264.75 | 28.47 | 73.23 | 250.98 | 31.62 | 30.73 | 96.34 | 3.3 | -29.8 | 419.39 | 38.18 | 102.03 |
| 21Q4 (12) | 0.44 | -24.14 | -24.14 | 0.48 | -15.79 | 6.67 | 206.08 | 32.48 | 30.49 | 190.69 | 19.26 | -5.48 | 93.26 | -5.28 | -36.08 | 303.51 | 39.87 | 41.98 |
| 21Q3 (11) | 0.58 | -19.44 | 13.73 | 0.57 | -8.06 | 23.91 | 155.56 | 23.7 | -13.19 | 159.89 | 8.66 | -19.93 | 98.46 | 9.8 | -11.09 | 216.99 | 18.41 | -19.07 |
| 21Q2 (10) | 0.72 | 20.0 | 67.44 | 0.62 | 31.91 | 55.0 | 125.76 | -17.71 | -40.13 | 147.15 | -23.35 | -35.0 | 89.67 | -34.66 | -15.68 | 183.25 | -11.73 | -44.48 |
| 21Q1 (9) | 0.60 | 3.45 | 150.0 | 0.47 | 4.44 | 80.77 | 152.83 | -3.23 | -59.27 | 191.98 | -4.84 | -45.93 | 137.23 | -5.95 | -3.02 | 207.59 | -2.89 | -64.74 |
| 20Q4 (8) | 0.58 | 13.73 | 38.1 | 0.45 | -2.17 | -4.26 | 157.93 | -11.86 | -27.88 | 201.74 | 1.03 | 5.29 | 145.91 | 31.76 | 113.38 | 213.77 | -20.27 | -37.53 |
| 20Q3 (7) | 0.51 | 18.6 | 64.52 | 0.46 | 15.0 | 35.29 | 179.19 | -14.69 | -39.4 | 199.68 | -11.79 | -25.06 | 110.74 | 4.13 | 5.9 | 268.12 | -18.77 | -41.4 |
| 20Q2 (6) | 0.43 | 79.17 | 26.47 | 0.40 | 53.85 | 11.11 | 210.04 | -44.03 | -22.26 | 226.38 | -36.24 | -10.32 | 106.35 | -24.85 | -8.57 | 330.08 | -43.94 | -18.76 |
| 20Q1 (5) | 0.24 | -42.86 | -7.69 | 0.26 | -44.68 | -31.58 | 375.24 | 71.35 | 8.63 | 355.04 | 85.3 | 48.06 | 141.51 | 106.95 | 18.17 | 588.77 | 72.05 | 26.49 |
| 19Q4 (4) | 0.42 | 35.48 | 0.0 | 0.47 | 38.24 | 0.0 | 218.99 | -25.94 | 0.0 | 191.60 | -28.09 | 0.0 | 68.38 | -34.61 | 0.0 | 342.21 | -25.21 | 0.0 |
| 19Q3 (3) | 0.31 | -8.82 | 0.0 | 0.34 | -5.56 | 0.0 | 295.69 | 9.44 | 0.0 | 266.44 | 5.55 | 0.0 | 104.57 | -10.1 | 0.0 | 457.55 | 12.61 | 0.0 |
| 19Q2 (2) | 0.34 | 30.77 | 0.0 | 0.36 | -5.26 | 0.0 | 270.19 | -21.78 | 0.0 | 252.44 | 5.28 | 0.0 | 116.32 | -2.86 | 0.0 | 406.32 | -12.71 | 0.0 |
| 19Q1 (1) | 0.26 | 0.0 | 0.0 | 0.38 | 0.0 | 0.0 | 345.42 | 0.0 | 0.0 | 239.79 | 0.0 | 0.0 | 119.75 | 0.0 | 0.0 | 465.46 | 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) | 1.08 | -16.28 | 1.04 | -28.77 | 336.81 | 19.06 | 350.55 | 39.97 | 87.74 | 32.18 | 599.62 | 28.41 |
| 2022 (9) | 1.29 | -47.35 | 1.46 | -36.52 | 282.90 | 90.08 | 250.44 | 57.74 | 66.38 | -32.24 | 466.96 | 122.75 |
| 2021 (8) | 2.45 | 44.97 | 2.30 | 53.33 | 148.83 | -31.13 | 158.77 | -34.62 | 97.96 | -42.41 | 209.63 | -27.43 |
| 2020 (7) | 1.69 | 38.52 | 1.50 | -7.41 | 216.09 | -27.95 | 242.86 | 7.61 | 170.10 | 51.62 | 288.85 | -30.13 |
| 2019 (6) | 1.22 | -44.04 | 1.62 | -40.0 | 299.90 | 79.09 | 225.68 | 67.17 | 112.19 | 18.16 | 413.39 | 99.21 |
| 2018 (5) | 2.18 | -6.03 | 2.70 | 7.57 | 167.46 | 6.6 | 135.00 | -7.11 | 94.95 | -19.78 | 207.51 | 12.73 |
| 2017 (4) | 2.32 | 22.11 | 2.51 | 16.74 | 157.09 | -18.08 | 145.34 | -14.41 | 118.36 | -1.02 | 184.07 | -23.93 |
| 2016 (3) | 1.90 | 4.4 | 2.15 | -6.93 | 191.75 | -4.19 | 169.80 | 7.27 | 119.58 | 28.62 | 241.97 | -8.85 |
| 2015 (2) | 1.82 | -15.74 | 2.31 | -5.71 | 200.13 | 18.53 | 158.29 | 6.37 | 92.97 | 20.27 | 265.45 | 10.44 |
| 2014 (1) | 2.16 | -15.29 | 2.45 | 25.0 | 168.84 | 17.77 | 148.81 | -20.29 | 77.30 | 35.95 | 240.35 | -12.02 |
