- 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) | 0.87 | -3.33 | -1.14 | 1.64 | 4.46 | 50.46 | 104.30 | 3.2 | 0.55 | 55.42 | -4.1 | -33.38 | 101.08 | 3.75 | -3.36 | 58.64 | -4.54 | -28.77 |
| 23Q3 (19) | 0.90 | -10.89 | 5.88 | 1.57 | 10.56 | 49.52 | 101.07 | 11.84 | -5.45 | 57.79 | -10.08 | -33.02 | 97.43 | 11.12 | -13.38 | 61.43 | -8.26 | -23.88 |
| 23Q2 (18) | 1.01 | 34.67 | 24.69 | 1.42 | 42.0 | 32.71 | 90.37 | -25.25 | -19.99 | 64.27 | -29.45 | -24.47 | 87.68 | -21.12 | -30.27 | 66.96 | -33.58 | -7.37 |
| 23Q1 (17) | 0.75 | -14.77 | -5.06 | 1.00 | -8.26 | -13.79 | 120.89 | 16.54 | 4.88 | 91.10 | 9.51 | 16.14 | 111.16 | 6.28 | -13.48 | 100.82 | 22.46 | 54.58 |
| 22Q4 (16) | 0.88 | 3.53 | -1.12 | 1.09 | 3.81 | -16.79 | 103.73 | -2.97 | 1.59 | 83.19 | -3.58 | 19.65 | 104.59 | -7.01 | -5.44 | 82.33 | 2.02 | 34.9 |
| 22Q3 (15) | 0.85 | 4.94 | -9.57 | 1.05 | -1.87 | -19.23 | 106.90 | -5.36 | 10.14 | 86.28 | 1.4 | 22.82 | 112.48 | -10.55 | 6.26 | 80.70 | 11.63 | 31.3 |
| 22Q2 (14) | 0.81 | 2.53 | 0.0 | 1.07 | -7.76 | -2.73 | 112.95 | -2.0 | 0.33 | 85.09 | 8.48 | 2.62 | 125.74 | -2.13 | -0.44 | 72.29 | 10.84 | 4.45 |
| 22Q1 (13) | 0.79 | -11.24 | -2.47 | 1.16 | -11.45 | 0.0 | 115.26 | 12.88 | 2.77 | 78.44 | 12.81 | 0.1 | 128.48 | 16.16 | 3.39 | 65.22 | 6.87 | -1.55 |
| 21Q4 (12) | 0.89 | -5.32 | 5.95 | 1.31 | 0.77 | -3.68 | 102.11 | 5.2 | -5.28 | 69.53 | -1.02 | 3.68 | 110.61 | 4.5 | -4.79 | 61.03 | -0.7 | 3.99 |
| 21Q3 (11) | 0.94 | 16.05 | -4.08 | 1.30 | 18.18 | -13.91 | 97.06 | -13.79 | 4.52 | 70.25 | -15.28 | 16.4 | 105.85 | -16.18 | -0.61 | 61.46 | -11.2 | 31.58 |
| 21Q2 (10) | 0.81 | 0.0 | -33.06 | 1.10 | -5.17 | -19.12 | 112.58 | 0.38 | 49.69 | 82.92 | 5.82 | 23.71 | 126.29 | 1.63 | 19.63 | 69.21 | 4.47 | 88.79 |
| 21Q1 (9) | 0.81 | -3.57 | 12.5 | 1.16 | -14.71 | 43.21 | 112.15 | 4.04 | -11.26 | 78.36 | 16.85 | -30.23 | 124.27 | 6.97 | -28.21 | 66.25 | 12.88 | 1.02 |
| 20Q4 (8) | 0.84 | -14.29 | -15.15 | 1.36 | -9.93 | 5.43 | 107.80 | 16.09 | 17.56 | 67.06 | 11.12 | -5.28 | 116.17 | 9.08 | -1.33 | 58.69 | 25.65 | 31.12 |
| 20Q3 (7) | 0.98 | -19.01 | -6.67 | 1.51 | 11.03 | 8.63 | 92.86 | 23.47 | 7.65 | 60.35 | -9.97 | -7.52 | 106.50 | 0.88 | -3.79 | 46.71 | 27.41 | 14.4 |
| 20Q2 (6) | 1.21 | 68.06 | 11.01 | 1.36 | 67.9 | -2.16 | 75.21 | -40.49 | -9.73 | 67.03 | -40.32 | 2.12 | 105.57 | -39.02 | 2.08 | 36.66 | -44.1 | -19.48 |
| 20Q1 (5) | 0.72 | -27.27 | -11.11 | 0.81 | -37.21 | -23.58 | 126.38 | 37.82 | 12.77 | 112.31 | 58.63 | 30.73 | 173.11 | 47.03 | 35.64 | 65.58 | 46.51 | -6.81 |
| 19Q4 (4) | 0.99 | -5.71 | 0.0 | 1.29 | -7.19 | 0.0 | 91.70 | 6.31 | 0.0 | 70.80 | 8.49 | 0.0 | 117.74 | 6.37 | 0.0 | 44.76 | 9.63 | 0.0 |
| 19Q3 (3) | 1.05 | -3.67 | 0.0 | 1.39 | 0.0 | 0.0 | 86.26 | 3.53 | 0.0 | 65.26 | -0.58 | 0.0 | 110.69 | 7.03 | 0.0 | 40.83 | -10.32 | 0.0 |
| 19Q2 (2) | 1.09 | 34.57 | 0.0 | 1.39 | 31.13 | 0.0 | 83.32 | -25.65 | 0.0 | 65.64 | -23.59 | 0.0 | 103.42 | -18.96 | 0.0 | 45.53 | -35.3 | 0.0 |
| 19Q1 (1) | 0.81 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 112.07 | 0.0 | 0.0 | 85.91 | 0.0 | 0.0 | 127.62 | 0.0 | 0.0 | 70.37 | 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) | 3.22 | -0.31 | 5.23 | 14.19 | 113.50 | 0.58 | 69.80 | -12.36 | 105.29 | -9.7 | 78.01 | 2.79 |
| 2022 (9) | 3.23 | -0.92 | 4.58 | -9.31 | 112.84 | 0.82 | 79.64 | 10.11 | 116.60 | -1.78 | 75.89 | 15.79 |
| 2021 (8) | 3.26 | -7.12 | 5.05 | 5.21 | 111.92 | 7.51 | 72.33 | -4.82 | 118.71 | -3.16 | 65.54 | 13.96 |
| 2020 (7) | 3.51 | -8.12 | 4.80 | -4.57 | 104.10 | 8.91 | 75.99 | 4.78 | 122.58 | 9.21 | 57.51 | 2.95 |
| 2019 (6) | 3.82 | 8.22 | 5.03 | -3.45 | 95.58 | -7.63 | 72.52 | 3.45 | 112.24 | 3.26 | 55.86 | -13.9 |
| 2018 (5) | 3.53 | 11666.67 | 5.21 | 10320.0 | 103.48 | -99.2 | 70.10 | -99.13 | 108.70 | -99.23 | 64.88 | -99.06 |
| 2017 (4) | 0.03 | 0 | 0.05 | 0 | 12921.30 | 0 | 8099.81 | 0 | 14154.50 | 0 | 6866.62 | 0 |
