- 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) | 1.19 | -19.59 | 38.37 | 0.13 | -18.75 | 62.5 | 76.17 | 23.67 | -28.02 | 692.64 | 20.97 | -38.08 | 67.54 | 29.16 | -42.07 | 701.27 | 20.52 | -36.7 |
| 23Q3 (19) | 1.48 | 85.0 | 82.72 | 0.16 | 128.57 | 100.0 | 61.59 | -45.55 | -45.14 | 572.57 | -54.98 | -47.44 | 52.29 | -49.77 | -54.38 | 581.88 | -54.57 | -46.47 |
| 23Q2 (18) | 0.80 | 0.0 | 3.9 | 0.07 | 0.0 | -22.22 | 113.12 | -0.71 | -4.19 | 1271.83 | 1.73 | 26.88 | 104.11 | -5.86 | -2.56 | 1280.84 | 2.17 | 26.37 |
| 23Q1 (17) | 0.80 | -6.98 | -2.44 | 0.07 | -12.5 | -30.0 | 113.93 | 7.66 | 2.82 | 1250.25 | 11.76 | 36.95 | 110.59 | -5.15 | 17.65 | 1253.59 | 13.15 | 34.84 |
| 22Q4 (16) | 0.86 | 6.17 | 14.67 | 0.08 | 0.0 | 0.0 | 105.82 | -5.75 | -12.74 | 1118.67 | 2.69 | -0.8 | 116.59 | 1.72 | 8.29 | 1107.90 | 1.92 | -2.93 |
| 22Q3 (15) | 0.81 | 5.19 | 15.71 | 0.08 | -11.11 | 0.0 | 112.27 | -4.91 | -13.21 | 1089.41 | 8.68 | -4.62 | 114.62 | 7.28 | 0.12 | 1087.05 | 7.25 | -6.05 |
| 22Q2 (14) | 0.77 | -6.1 | 13.24 | 0.09 | -10.0 | 12.5 | 118.07 | 6.56 | -11.64 | 1002.37 | 9.8 | -11.95 | 106.84 | 13.66 | -7.27 | 1013.60 | 9.02 | -12.38 |
| 22Q1 (13) | 0.82 | 9.33 | 17.14 | 0.10 | 25.0 | 25.0 | 110.80 | -8.63 | -14.61 | 912.90 | -19.05 | -19.32 | 94.00 | -12.69 | -68.66 | 929.70 | -18.54 | -3.28 |
| 21Q4 (12) | 0.75 | 7.14 | 2.74 | 0.08 | 0.0 | -20.0 | 121.27 | -6.25 | -2.71 | 1127.74 | -1.27 | 19.14 | 107.66 | -5.96 | -65.59 | 1141.36 | -1.36 | 50.51 |
| 21Q3 (11) | 0.70 | 2.94 | 6.06 | 0.08 | 0.0 | -38.46 | 129.36 | -3.19 | -6.64 | 1142.21 | 0.34 | 57.44 | 114.48 | -0.64 | 41.14 | 1157.09 | 0.03 | 47.79 |
| 21Q2 (10) | 0.68 | -2.86 | 9.68 | 0.08 | 0.0 | -33.33 | 133.62 | 2.98 | -8.28 | 1138.38 | 0.61 | 49.08 | 115.22 | -61.59 | 41.97 | 1156.78 | 20.34 | 39.69 |
| 21Q1 (9) | 0.70 | -4.11 | -5.41 | 0.08 | -20.0 | -50.0 | 129.75 | 4.09 | 5.29 | 1131.45 | 19.53 | 97.05 | 299.96 | -4.14 | 334.16 | 961.25 | 26.76 | 52.99 |
| 20Q4 (8) | 0.73 | 10.61 | -70.45 | 0.10 | -23.08 | -74.36 | 124.65 | -10.04 | 238.45 | 946.59 | 30.48 | 306.52 | 312.91 | 285.78 | 1141.71 | 758.33 | -3.14 | 210.18 |
| 20Q3 (7) | 0.66 | 6.45 | 6.45 | 0.13 | 8.33 | 30.0 | 138.56 | -4.89 | -5.39 | 725.49 | -4.99 | -20.03 | 81.11 | -0.06 | -6.35 | 782.95 | -5.45 | -19.04 |
| 20Q2 (6) | 0.62 | -16.22 | -6.06 | 0.12 | -25.0 | 0.0 | 145.68 | 18.22 | 5.09 | 763.59 | 32.99 | -0.38 | 81.16 | 17.47 | -1.95 | 828.11 | 31.8 | 0.7 |
| 20Q1 (5) | 0.74 | -70.04 | 7.25 | 0.16 | -58.97 | 33.33 | 123.23 | 234.59 | -6.91 | 574.18 | 146.59 | -22.86 | 69.09 | 174.17 | -22.34 | 628.32 | 157.0 | -20.24 |
| 19Q4 (4) | 2.47 | 298.39 | 0.0 | 0.39 | 290.0 | 0.0 | 36.83 | -74.85 | 0.0 | 232.85 | -74.33 | 0.0 | 25.20 | -70.9 | 0.0 | 244.48 | -74.72 | 0.0 |
| 19Q3 (3) | 0.62 | -6.06 | 0.0 | 0.10 | -16.67 | 0.0 | 146.45 | 5.64 | 0.0 | 907.24 | 18.36 | 0.0 | 86.61 | 4.64 | 0.0 | 967.08 | 17.6 | 0.0 |
| 19Q2 (2) | 0.66 | -4.35 | 0.0 | 0.12 | 0.0 | 0.0 | 138.63 | 4.72 | 0.0 | 766.51 | 2.98 | 0.0 | 82.77 | -6.96 | 0.0 | 822.37 | 4.39 | 0.0 |
| 19Q1 (1) | 0.69 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | 132.38 | 0.0 | 0.0 | 744.36 | 0.0 | 0.0 | 88.96 | 0.0 | 0.0 | 787.78 | 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) | 4.46 | 33.93 | 0.45 | 28.57 | 81.80 | -25.34 | 819.75 | -21.06 | 83.50 | -19.54 | 818.05 | -21.66 |
| 2022 (9) | 3.33 | 15.63 | 0.35 | 9.37 | 109.57 | -13.47 | 1038.51 | -8.0 | 103.78 | -64.63 | 1044.29 | 8.55 |
| 2021 (8) | 2.88 | 19.01 | 0.32 | -13.51 | 126.63 | -15.89 | 1128.87 | 15.89 | 293.42 | -9.87 | 962.08 | 20.4 |
| 2020 (7) | 2.42 | -42.38 | 0.37 | -52.56 | 150.55 | 73.38 | 974.10 | 108.76 | 325.55 | 440.42 | 799.09 | 62.02 |
| 2019 (6) | 4.20 | -22.65 | 0.78 | -17.02 | 86.83 | 29.12 | 466.61 | 19.57 | 60.24 | 58.53 | 493.19 | 17.56 |
| 2018 (5) | 5.43 | 76.87 | 0.94 | 135.0 | 67.25 | -43.38 | 390.25 | -56.93 | 38.00 | -42.98 | 419.51 | -56.22 |
| 2017 (4) | 3.07 | 3.37 | 0.40 | 100.0 | 118.78 | -3.24 | 906.05 | -50.1 | 66.64 | -50.72 | 958.20 | -46.86 |
| 2016 (3) | 2.97 | -50.75 | 0.20 | -9.09 | 122.76 | 102.74 | 1815.70 | 10.28 | 135.23 | 31.46 | 1803.23 | 12.41 |
| 2015 (2) | 6.03 | 82.73 | 0.22 | 69.23 | 60.55 | -45.19 | 1646.49 | -42.3 | 102.87 | -5.2 | 1604.17 | -43.82 |
| 2014 (1) | 3.30 | -1.79 | 0.13 | -35.0 | 110.47 | 1.58 | 2853.64 | 54.47 | 108.51 | 22.93 | 2855.59 | 52.88 |
