- 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) | 2.80 | 8.53 | 8.53 | 1.63 | 94.05 | 45.54 | 32.47 | -8.04 | -7.81 | 55.99 | -48.39 | -31.28 | 47.47 | -52.99 | -31.04 | 40.99 | -4.3 | -14.32 |
| 23Q3 (19) | 2.58 | -22.05 | -18.87 | 0.84 | -28.21 | -28.21 | 35.31 | 28.4 | 23.46 | 108.49 | 39.75 | 39.32 | 100.97 | 31.64 | 74.15 | 42.83 | 50.65 | -11.67 |
| 23Q2 (18) | 3.31 | 15.33 | 9.24 | 1.17 | 4.46 | 69.57 | 27.50 | -13.14 | -8.55 | 77.63 | -4.54 | -41.34 | 76.70 | 23.49 | -4.87 | 28.43 | -44.12 | -65.23 |
| 23Q1 (17) | 2.87 | 11.24 | -1.03 | 1.12 | 0.0 | 53.42 | 31.66 | -10.11 | 0.96 | 81.32 | -0.18 | -34.45 | 62.11 | -9.78 | -35.21 | 50.88 | 6.35 | -14.56 |
| 22Q4 (16) | 2.58 | -18.87 | -41.76 | 1.12 | -4.27 | -1.75 | 35.22 | 23.15 | 71.3 | 81.47 | 4.62 | 1.68 | 68.84 | 18.73 | -15.01 | 47.84 | -1.34 | 143.09 |
| 22Q3 (15) | 3.18 | 4.95 | -17.62 | 1.17 | 69.57 | -8.59 | 28.60 | -4.89 | 21.39 | 77.87 | -41.15 | 9.57 | 57.98 | -28.09 | -31.86 | 48.49 | -40.7 | 408.28 |
| 22Q2 (14) | 3.03 | 4.48 | -7.62 | 0.69 | -5.48 | -61.67 | 30.07 | -4.11 | 8.44 | 132.33 | 6.67 | 161.42 | 80.63 | -15.89 | 9.72 | 81.77 | 37.31 | 1582.51 |
| 22Q1 (13) | 2.90 | -34.54 | -36.96 | 0.73 | -35.96 | -60.54 | 31.36 | 52.53 | 58.62 | 124.05 | 54.83 | 152.8 | 95.86 | 18.35 | 47.91 | 59.55 | 202.59 | 1374.01 |
| 21Q4 (12) | 4.43 | 14.77 | 36.31 | 1.14 | -10.94 | -32.14 | 20.56 | -12.73 | -26.52 | 80.12 | 12.73 | 47.85 | 81.00 | -4.81 | 7.26 | 19.68 | 106.29 | 195.94 |
| 21Q3 (11) | 3.86 | 17.68 | 16.97 | 1.28 | -28.89 | -60.49 | 23.56 | -15.04 | -14.61 | 71.07 | 40.4 | 153.28 | 85.09 | 15.78 | 33.37 | 9.54 | 96.3 | 217.06 |
| 21Q2 (10) | 3.28 | -28.7 | -27.59 | 1.80 | -2.7 | -46.75 | 27.73 | 40.26 | 38.1 | 50.62 | 3.16 | 87.97 | 73.49 | 13.39 | 39.56 | 4.86 | 20.3 | 186.02 |
| 21Q1 (9) | 4.60 | 41.54 | 11.92 | 1.85 | 10.12 | -16.67 | 19.77 | -29.34 | -10.74 | 49.07 | -9.45 | 19.51 | 64.81 | -14.18 | 2.0 | 4.04 | -39.25 | 1324.24 |
| 20Q4 (8) | 3.25 | -1.52 | 26.46 | 1.68 | -48.15 | -29.71 | 27.98 | 1.41 | -21.05 | 54.19 | 93.12 | 42.53 | 75.52 | 18.37 | 3.24 | 6.65 | 181.6 | 2116.67 |
| 20Q3 (7) | 3.30 | -27.15 | 21.32 | 3.24 | -4.14 | 1.89 | 27.59 | 37.4 | -17.44 | 28.06 | 4.2 | -1.89 | 63.80 | 21.15 | -6.0 | -8.15 | -44.25 | -39.32 |
| 20Q2 (6) | 4.53 | 10.22 | 24.45 | 3.38 | 52.25 | -4.79 | 20.08 | -9.35 | -19.58 | 26.93 | -34.41 | 4.99 | 52.66 | -17.12 | -12.0 | -5.65 | -1612.12 | 38.72 |
| 20Q1 (5) | 4.11 | 59.92 | 38.85 | 2.22 | -7.11 | -28.85 | 22.15 | -37.5 | -28.04 | 41.06 | 8.0 | 41.0 | 63.54 | -13.14 | 0.73 | -0.33 | -210.0 | 89.62 |
| 19Q4 (4) | 2.57 | -5.51 | 0.0 | 2.39 | -24.84 | 0.0 | 35.44 | 6.04 | 0.0 | 38.02 | 32.94 | 0.0 | 73.15 | 7.78 | 0.0 | 0.30 | 105.13 | 0.0 |
| 19Q3 (3) | 2.72 | -25.27 | 0.0 | 3.18 | -10.42 | 0.0 | 33.42 | 33.84 | 0.0 | 28.60 | 11.5 | 0.0 | 67.87 | 13.42 | 0.0 | -5.85 | 36.55 | 0.0 |
| 19Q2 (2) | 3.64 | 22.97 | 0.0 | 3.55 | 13.78 | 0.0 | 24.97 | -18.88 | 0.0 | 25.65 | -11.92 | 0.0 | 59.84 | -5.14 | 0.0 | -9.22 | -189.94 | 0.0 |
| 19Q1 (1) | 2.96 | 0.0 | 0.0 | 3.12 | 0.0 | 0.0 | 30.78 | 0.0 | 0.0 | 29.12 | 0.0 | 0.0 | 63.08 | 0.0 | 0.0 | -3.18 | 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) | 10.01 | -13.78 | 7.18 | 65.82 | 36.45 | 15.97 | 50.85 | -39.69 | 43.16 | -41.78 | 44.14 | 6.08 |
| 2022 (9) | 11.61 | -31.99 | 4.33 | -17.99 | 31.43 | 47.01 | 84.31 | 21.98 | 74.13 | 5.45 | 41.61 | 105.99 |
| 2021 (8) | 17.07 | -5.43 | 5.28 | -30.98 | 21.38 | 5.74 | 69.12 | 44.81 | 70.30 | 4.75 | 20.20 | 2304.76 |
| 2020 (7) | 18.05 | 10.87 | 7.65 | -40.65 | 20.22 | -9.85 | 47.73 | 68.48 | 67.11 | 27.66 | 0.84 | 0 |
| 2019 (6) | 16.28 | 22.22 | 12.89 | 7.15 | 22.43 | -18.14 | 28.33 | -6.66 | 52.57 | -14.14 | -1.81 | 0 |
| 2018 (5) | 13.32 | 13.36 | 12.03 | 12.01 | 27.40 | -11.76 | 30.35 | -10.74 | 61.23 | -6.49 | -3.48 | 0 |
| 2017 (4) | 11.75 | -20.34 | 10.74 | -4.19 | 31.05 | 25.51 | 34.00 | 4.45 | 65.48 | 16.45 | -0.43 | 0 |
| 2016 (3) | 14.75 | -15.03 | 11.21 | -6.58 | 24.74 | 17.64 | 32.55 | 7.0 | 56.23 | 2.2 | 1.07 | 0 |
| 2015 (2) | 17.36 | 64.39 | 12.00 | -11.44 | 21.03 | -39.15 | 30.42 | 12.96 | 55.02 | -23.6 | -3.57 | 0 |
| 2014 (1) | 10.56 | -13.65 | 13.55 | -17.88 | 34.56 | 15.82 | 26.93 | 21.75 | 72.02 | -3.32 | -10.53 | 0 |
