- 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) | 0.97 | -8.49 | 11.49 | 1.27 | -21.6 | 3.25 | 93.98 | 9.96 | -9.69 | 71.49 | 26.91 | -3.72 | 39.80 | 29.81 | 29.68 | 125.67 | 13.07 | -14.87 |
| 23Q3 (19) | 1.06 | 0.0 | 45.21 | 1.62 | 7.28 | 57.28 | 85.47 | -0.45 | -31.9 | 56.33 | -6.72 | -36.26 | 30.66 | -15.21 | -30.96 | 111.14 | 0.95 | -34.42 |
| 23Q2 (18) | 1.06 | 17.78 | 30.86 | 1.51 | 4.86 | 30.17 | 85.86 | -15.48 | -23.54 | 60.39 | -4.52 | -22.76 | 36.16 | -4.59 | -41.38 | 110.09 | -13.27 | -14.51 |
| 23Q1 (17) | 0.90 | 3.45 | -1.1 | 1.44 | 17.07 | -13.25 | 101.59 | -2.37 | 1.28 | 63.25 | -14.81 | 15.67 | 37.90 | 23.49 | -32.24 | 126.93 | -14.02 | 28.12 |
| 22Q4 (16) | 0.87 | 19.18 | 0.0 | 1.23 | 19.42 | -28.07 | 104.06 | -17.08 | -0.61 | 74.25 | -15.99 | 39.18 | 30.69 | -30.89 | -44.25 | 147.62 | -12.89 | 43.33 |
| 22Q3 (15) | 0.73 | -9.88 | -6.41 | 1.03 | -11.21 | -41.81 | 125.50 | 11.76 | 7.7 | 88.38 | 13.05 | 72.01 | 44.41 | -28.01 | -26.3 | 169.47 | 31.6 | 57.43 |
| 22Q2 (14) | 0.81 | -10.99 | -2.41 | 1.16 | -30.12 | -44.23 | 112.29 | 11.94 | 2.11 | 78.18 | 42.98 | 78.53 | 61.69 | 10.3 | -6.69 | 128.78 | 29.99 | 46.93 |
| 22Q1 (13) | 0.91 | 4.6 | 5.81 | 1.66 | -2.92 | -32.24 | 100.31 | -4.19 | -4.97 | 54.68 | 2.49 | 47.03 | 55.93 | 1.6 | -10.14 | 99.07 | -3.81 | 23.05 |
| 21Q4 (12) | 0.87 | 11.54 | -6.45 | 1.71 | -3.39 | -29.05 | 104.70 | -10.15 | 6.96 | 53.35 | 3.83 | 41.32 | 55.05 | -8.65 | -18.84 | 102.99 | -4.33 | 51.88 |
| 21Q3 (11) | 0.78 | -6.02 | -22.77 | 1.77 | -14.9 | -43.63 | 116.53 | 5.97 | 29.91 | 51.38 | 17.33 | 77.36 | 60.26 | -8.85 | 8.69 | 107.65 | 22.82 | 70.22 |
| 21Q2 (10) | 0.83 | -3.49 | -32.52 | 2.08 | -15.1 | -32.25 | 109.97 | 4.18 | 48.19 | 43.79 | 17.75 | 47.59 | 66.11 | 6.22 | 47.57 | 87.65 | 8.87 | 48.36 |
| 21Q1 (9) | 0.86 | -7.53 | 36.51 | 2.45 | 1.66 | 23.12 | 105.56 | 7.84 | -26.83 | 37.19 | -1.48 | -18.53 | 62.24 | -8.24 | -8.66 | 80.51 | 18.73 | -33.88 |
| 20Q4 (8) | 0.93 | -7.92 | 3.33 | 2.41 | -23.25 | -13.62 | 97.89 | 9.13 | -3.21 | 37.75 | 30.31 | 15.87 | 67.83 | 22.35 | -2.44 | 67.81 | 7.23 | 5.64 |
| 20Q3 (7) | 1.01 | -17.89 | 1.0 | 3.14 | 2.28 | -22.66 | 89.70 | 20.87 | -1.46 | 28.97 | -2.36 | 29.39 | 55.44 | 23.75 | -7.49 | 63.24 | 7.04 | 18.25 |
| 20Q2 (6) | 1.23 | 95.24 | -0.81 | 3.07 | 54.27 | -23.82 | 74.21 | -48.56 | 1.24 | 29.67 | -35.01 | 31.46 | 44.80 | -34.25 | 3.23 | 59.08 | -51.48 | 12.6 |
| 20Q1 (5) | 0.63 | -30.0 | -30.77 | 1.99 | -28.67 | -12.33 | 144.26 | 42.63 | 44.77 | 45.65 | 40.12 | 13.73 | 68.14 | -2.0 | 41.49 | 121.76 | 89.69 | 32.9 |
| 19Q4 (4) | 0.90 | -10.0 | 0.0 | 2.79 | -31.28 | 0.0 | 101.14 | 11.11 | 0.0 | 32.58 | 45.51 | 0.0 | 69.53 | 16.02 | 0.0 | 64.19 | 20.03 | 0.0 |
| 19Q3 (3) | 1.00 | -19.35 | 0.0 | 4.06 | 0.74 | 0.0 | 91.03 | 24.19 | 0.0 | 22.39 | -0.8 | 0.0 | 59.93 | 38.09 | 0.0 | 53.48 | 1.92 | 0.0 |
| 19Q2 (2) | 1.24 | 36.26 | 0.0 | 4.03 | 77.53 | 0.0 | 73.30 | -26.44 | 0.0 | 22.57 | -43.77 | 0.0 | 43.40 | -9.88 | 0.0 | 52.47 | -42.73 | 0.0 |
| 19Q1 (1) | 0.91 | 0.0 | 0.0 | 2.27 | 0.0 | 0.0 | 99.65 | 0.0 | 0.0 | 40.14 | 0.0 | 0.0 | 48.16 | 0.0 | 0.0 | 91.62 | 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) | 3.71 | 19.29 | 5.04 | -5.08 | 98.49 | -16.14 | 72.47 | 5.5 | 39.26 | -31.05 | 131.70 | 1.94 |
| 2022 (9) | 3.11 | 0.97 | 5.31 | -24.47 | 117.44 | -1.05 | 68.69 | 32.25 | 56.94 | -19.03 | 129.19 | 28.79 |
| 2021 (8) | 3.08 | 3.01 | 7.03 | -18.35 | 118.69 | -2.87 | 51.94 | 22.44 | 70.32 | -1.15 | 100.31 | 7.31 |
| 2020 (7) | 2.99 | -33.7 | 8.61 | -18.47 | 122.20 | 51.05 | 42.42 | 22.78 | 71.14 | 43.83 | 93.48 | 41.64 |
| 2019 (6) | 4.51 | 29.97 | 10.56 | -6.13 | 80.90 | -23.12 | 34.55 | 6.5 | 49.46 | 32.71 | 66.00 | -34.26 |
| 2018 (5) | 3.47 | 43.39 | 11.25 | -6.48 | 105.23 | -30.36 | 32.44 | 6.89 | 37.27 | -17.23 | 100.40 | -26.4 |
| 2017 (4) | 2.42 | -26.44 | 12.03 | -10.56 | 151.10 | 36.33 | 30.35 | 11.87 | 45.03 | 34.58 | 136.42 | 30.55 |
| 2016 (3) | 3.29 | -23.31 | 13.45 | 20.2 | 110.83 | 30.13 | 27.13 | -16.83 | 33.46 | 22.16 | 104.50 | 15.6 |
| 2015 (2) | 4.29 | 126.98 | 11.19 | 28.18 | 85.17 | -55.8 | 32.62 | -21.96 | 27.39 | -69.32 | 90.40 | -37.75 |
| 2014 (1) | 1.89 | -49.6 | 8.73 | -42.68 | 192.70 | 97.9 | 41.80 | 74.38 | 89.27 | 53.49 | 145.23 | 129.87 |
