- 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) | 0.66 | -1.49 | 1.54 | 1.75 | 0.57 | 9.37 | 137.58 | 0.95 | -2.09 | 52.05 | -0.4 | -8.46 | 70.58 | 9.55 | 29.72 | 119.05 | -4.08 | -16.73 |
| 23Q3 (19) | 0.67 | -4.29 | -9.46 | 1.74 | -0.57 | 31.82 | 136.28 | 4.42 | 11.05 | 52.26 | 0.33 | -24.29 | 64.43 | 16.11 | 19.14 | 124.11 | -2.35 | -9.86 |
| 23Q2 (18) | 0.70 | 45.83 | 2.94 | 1.75 | 30.6 | 66.67 | 130.51 | -31.04 | -2.68 | 52.09 | -23.52 | -40.01 | 55.49 | -22.49 | -16.39 | 127.10 | -31.58 | -17.77 |
| 23Q1 (17) | 0.48 | -26.15 | 23.08 | 1.34 | -16.25 | 39.58 | 189.25 | 34.68 | -18.73 | 68.11 | 19.79 | -28.22 | 71.59 | 31.58 | -19.31 | 185.77 | 29.94 | -22.29 |
| 22Q4 (16) | 0.65 | -12.16 | 0.0 | 1.60 | 21.21 | 8.11 | 140.52 | 14.5 | 0.48 | 56.86 | -17.63 | -7.47 | 54.41 | 0.61 | -11.77 | 142.97 | 3.84 | 2.39 |
| 22Q3 (15) | 0.74 | 8.82 | -5.13 | 1.32 | 25.71 | -0.75 | 122.72 | -8.49 | 5.22 | 69.03 | -20.5 | 0.51 | 54.08 | -18.52 | -9.87 | 137.68 | -10.92 | 9.87 |
| 22Q2 (14) | 0.68 | 74.36 | 15.25 | 1.05 | 9.38 | 11.7 | 134.11 | -42.41 | -13.64 | 86.83 | -8.49 | -10.24 | 66.37 | -25.19 | -20.18 | 154.56 | -35.34 | -8.48 |
| 22Q1 (13) | 0.39 | -40.0 | 5.41 | 0.96 | -35.14 | 3.23 | 232.87 | 66.51 | -4.24 | 94.89 | 54.42 | -2.62 | 88.72 | 43.86 | -22.76 | 239.05 | 71.2 | 5.88 |
| 21Q4 (12) | 0.65 | -16.67 | -1.52 | 1.48 | 11.28 | -13.95 | 139.85 | 19.91 | 1.47 | 61.45 | -10.53 | 16.21 | 61.67 | 2.78 | -14.48 | 139.63 | 11.43 | 17.74 |
| 21Q3 (11) | 0.78 | 32.2 | 1.3 | 1.33 | 41.49 | -15.82 | 116.63 | -24.9 | -1.73 | 68.68 | -29.01 | 18.89 | 60.00 | -27.84 | -6.56 | 125.31 | -25.8 | 11.64 |
| 21Q2 (10) | 0.59 | 59.46 | -21.33 | 0.94 | 1.08 | -24.8 | 155.29 | -36.14 | 28.62 | 96.74 | -0.72 | 33.12 | 83.15 | -27.61 | 26.29 | 168.88 | -25.2 | 32.38 |
| 21Q1 (9) | 0.37 | -43.94 | -21.28 | 0.93 | -45.93 | 3.33 | 243.19 | 76.45 | 25.89 | 97.44 | 84.27 | -3.12 | 114.86 | 59.28 | 12.59 | 225.77 | 90.38 | 17.75 |
| 20Q4 (8) | 0.66 | -14.29 | 1.54 | 1.72 | 8.86 | -2.82 | 137.82 | 16.13 | -1.43 | 52.88 | -8.46 | 3.12 | 72.11 | 12.3 | 22.78 | 118.59 | 5.66 | -10.41 |
| 20Q3 (7) | 0.77 | 2.67 | 10.0 | 1.58 | 26.4 | -24.76 | 118.68 | -1.71 | -8.19 | 57.77 | -20.5 | 33.23 | 64.21 | -2.48 | 40.66 | 112.24 | -12.02 | -11.61 |
| 20Q2 (6) | 0.75 | 59.57 | 1.35 | 1.25 | 38.89 | -29.38 | 120.74 | -37.5 | -2.32 | 72.67 | -27.75 | 41.27 | 65.84 | -35.46 | 33.69 | 127.57 | -33.47 | 1.4 |
| 20Q1 (5) | 0.47 | -27.69 | -6.0 | 0.90 | -49.15 | -30.23 | 193.17 | 38.16 | 5.41 | 100.58 | 96.14 | 42.2 | 102.02 | 73.71 | 16.34 | 191.74 | 44.85 | 15.29 |
| 19Q4 (4) | 0.65 | -7.14 | 0.0 | 1.77 | -15.71 | 0.0 | 139.82 | 8.16 | 0.0 | 51.28 | 18.27 | 0.0 | 58.73 | 28.65 | 0.0 | 132.37 | 4.24 | 0.0 |
| 19Q3 (3) | 0.70 | -5.41 | 0.0 | 2.10 | 18.64 | 0.0 | 129.27 | 4.58 | 0.0 | 43.36 | -15.71 | 0.0 | 45.65 | -7.31 | 0.0 | 126.98 | 0.93 | 0.0 |
| 19Q2 (2) | 0.74 | 48.0 | 0.0 | 1.77 | 37.21 | 0.0 | 123.61 | -32.55 | 0.0 | 51.44 | -27.27 | 0.0 | 49.25 | -43.84 | 0.0 | 125.81 | -24.35 | 0.0 |
| 19Q1 (1) | 0.50 | 0.0 | 0.0 | 1.29 | 0.0 | 0.0 | 183.26 | 0.0 | 0.0 | 70.73 | 0.0 | 0.0 | 87.69 | 0.0 | 0.0 | 166.31 | 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) | 2.18 | 8.46 | 6.67 | 11.91 | 167.24 | -8.0 | 54.75 | -10.55 | 69.73 | 3.11 | 152.27 | -13.17 |
| 2022 (9) | 2.01 | 5.79 | 5.96 | 7.58 | 181.79 | -5.36 | 61.21 | -7.13 | 67.63 | -19.14 | 175.37 | 0.58 |
| 2021 (8) | 1.90 | -15.56 | 5.54 | -2.29 | 192.09 | 18.49 | 65.91 | 2.42 | 83.64 | -1.65 | 174.36 | 23.28 |
| 2020 (7) | 2.25 | -12.11 | 5.67 | -24.8 | 162.12 | 13.55 | 64.35 | 32.98 | 85.04 | 24.27 | 141.43 | 15.24 |
| 2019 (6) | 2.56 | 21.33 | 7.54 | 17.26 | 142.77 | -17.58 | 48.39 | -14.78 | 68.43 | -24.54 | 122.73 | -11.91 |
| 2018 (5) | 2.11 | -13.17 | 6.43 | -4.74 | 173.23 | 15.51 | 56.78 | 4.97 | 90.68 | 5.45 | 139.33 | 18.01 |
| 2017 (4) | 2.43 | 1.67 | 6.75 | 2.9 | 149.97 | -1.78 | 54.09 | -2.79 | 85.99 | -4.78 | 118.07 | 0.04 |
| 2016 (3) | 2.39 | -5.16 | 6.56 | -10.87 | 152.69 | 5.49 | 55.64 | 12.18 | 90.31 | 24.17 | 118.02 | -2.94 |
| 2015 (2) | 2.52 | -1.56 | 7.36 | -13.51 | 144.74 | 1.47 | 49.60 | 15.62 | 72.73 | -0.8 | 121.60 | 8.36 |
| 2014 (1) | 2.56 | -17.68 | 8.51 | -5.02 | 142.65 | 21.55 | 42.90 | 5.25 | 73.32 | 6.0 | 112.22 | 26.16 |
