- 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) | 1.30 | 1.56 | -1.52 | 0.16 | 14.29 | 23.08 | 69.91 | -1.84 | 1.44 | 573.23 | -10.27 | -20.74 | 8.73 | -41.57 | -70.67 | 634.42 | -8.73 | -16.79 |
| 23Q3 (19) | 1.28 | -1.54 | -7.25 | 0.14 | 0.0 | 0.0 | 71.22 | 1.53 | 8.12 | 638.81 | -3.55 | -3.9 | 14.94 | -34.62 | -49.06 | 695.09 | -2.04 | -0.88 |
| 23Q2 (18) | 1.30 | 6.56 | -0.76 | 0.14 | 16.67 | -6.67 | 70.15 | -6.02 | 1.29 | 662.29 | -9.23 | 9.38 | 22.85 | -16.58 | 38.74 | 709.58 | -8.67 | 7.79 |
| 23Q1 (17) | 1.22 | -7.58 | -18.12 | 0.12 | -7.69 | -7.69 | 74.64 | 8.3 | 21.84 | 729.66 | 0.88 | 4.43 | 27.39 | -7.96 | 238.57 | 776.91 | 1.9 | 3.33 |
| 22Q4 (16) | 1.32 | -4.35 | -29.03 | 0.13 | -7.14 | 18.18 | 68.92 | 4.63 | 41.23 | 723.26 | 8.81 | -8.92 | 29.76 | 1.47 | 172.28 | 762.41 | 8.72 | -8.36 |
| 22Q3 (15) | 1.38 | 5.34 | -9.8 | 0.14 | -6.67 | -17.65 | 65.87 | -4.89 | 10.41 | 664.71 | 9.78 | 25.94 | 29.33 | 78.08 | 255.95 | 701.25 | 6.53 | 21.07 |
| 22Q2 (14) | 1.31 | -12.08 | -33.16 | 0.15 | 15.38 | -37.5 | 69.26 | 13.06 | 49.01 | 605.50 | -13.34 | 58.63 | 16.47 | 103.58 | 61.79 | 658.29 | -12.45 | 57.48 |
| 22Q1 (13) | 1.49 | -19.89 | -12.35 | 0.13 | 18.18 | 44.44 | 61.26 | 25.53 | 14.57 | 698.70 | -12.01 | -27.56 | 8.09 | -25.98 | -73.26 | 751.87 | -9.62 | -23.89 |
| 21Q4 (12) | 1.86 | 21.57 | -22.18 | 0.11 | -35.29 | 10.0 | 48.80 | -18.2 | 28.05 | 794.07 | 50.45 | -9.74 | 10.93 | 32.65 | -75.93 | 831.93 | 43.63 | -4.65 |
| 21Q3 (11) | 1.53 | -21.94 | -33.48 | 0.17 | -29.17 | 54.55 | 59.66 | 28.36 | 50.54 | 527.81 | 38.28 | -33.58 | 8.24 | -19.06 | -80.6 | 579.23 | 38.57 | -26.85 |
| 21Q2 (10) | 1.96 | 15.29 | -52.31 | 0.24 | 166.67 | 242.86 | 46.48 | -13.07 | 109.75 | 381.70 | -60.43 | -71.57 | 10.18 | -66.35 | -73.66 | 418.01 | -57.68 | -68.48 |
| 21Q1 (9) | 1.70 | -28.87 | -39.72 | 0.09 | -10.0 | 125.0 | 53.47 | 40.3 | 65.59 | 964.58 | 9.64 | -58.76 | 30.25 | -33.37 | -47.68 | 987.81 | 13.21 | -57.3 |
| 20Q4 (8) | 2.39 | 3.91 | -14.95 | 0.10 | -9.09 | 100.0 | 38.11 | -3.84 | 17.48 | 879.80 | 10.71 | -49.63 | 45.40 | 6.87 | 26.22 | 872.51 | 10.19 | -49.95 |
| 20Q3 (7) | 2.30 | -44.04 | -10.16 | 0.11 | 57.14 | 83.33 | 39.63 | 78.84 | 11.54 | 794.66 | -40.82 | -51.28 | 42.48 | 9.91 | 9.71 | 791.81 | -40.29 | -51.36 |
| 20Q2 (6) | 4.11 | 45.74 | 14.17 | 0.07 | 75.0 | -30.0 | 22.16 | -31.37 | -12.38 | 1342.69 | -42.6 | 44.97 | 38.65 | -33.15 | 82.4 | 1326.20 | -42.68 | 42.56 |
| 20Q1 (5) | 2.82 | 0.36 | -14.8 | 0.04 | -20.0 | -63.64 | 32.29 | -0.46 | 17.46 | 2339.16 | 33.91 | 190.87 | 57.82 | 60.75 | 221.58 | 2313.64 | 32.72 | 184.33 |
| 19Q4 (4) | 2.81 | 9.77 | 0.0 | 0.05 | -16.67 | 0.0 | 32.44 | -8.7 | 0.0 | 1746.75 | 7.09 | 0.0 | 35.97 | -7.1 | 0.0 | 1743.22 | 7.08 | 0.0 |
| 19Q3 (3) | 2.56 | -28.89 | 0.0 | 0.06 | -40.0 | 0.0 | 35.53 | 40.49 | 0.0 | 1631.08 | 76.11 | 0.0 | 38.72 | 82.73 | 0.0 | 1627.89 | 74.99 | 0.0 |
| 19Q2 (2) | 3.60 | 8.76 | 0.0 | 0.10 | -9.09 | 0.0 | 25.29 | -8.0 | 0.0 | 926.18 | 15.17 | 0.0 | 21.19 | 17.85 | 0.0 | 930.27 | 14.32 | 0.0 |
| 19Q1 (1) | 3.31 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 27.49 | 0.0 | 0.0 | 804.19 | 0.0 | 0.0 | 17.98 | 0.0 | 0.0 | 813.71 | 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) | 5.31 | -10.46 | 0.60 | 13.21 | 68.72 | 11.56 | 604.79 | -12.44 | 15.94 | -11.89 | 657.57 | -10.44 |
| 2022 (9) | 5.93 | -42.26 | 0.53 | -13.11 | 61.60 | 73.33 | 690.71 | 15.41 | 18.09 | 41.88 | 734.21 | 18.18 |
| 2021 (8) | 10.27 | -1.06 | 0.61 | 79.41 | 35.54 | 1.05 | 598.46 | -44.6 | 12.75 | -54.05 | 621.25 | -42.88 |
| 2020 (7) | 10.38 | -23.39 | 0.34 | 17.24 | 35.17 | 30.6 | 1080.29 | -14.03 | 27.75 | -10.71 | 1087.70 | -13.16 |
| 2019 (6) | 13.55 | 31.43 | 0.29 | -48.21 | 26.93 | -23.93 | 1256.66 | 94.49 | 31.08 | 72.67 | 1252.51 | 88.77 |
| 2018 (5) | 10.31 | 69.85 | 0.56 | 51.35 | 35.40 | -41.13 | 646.12 | -34.5 | 18.00 | -35.62 | 663.51 | -34.86 |
| 2017 (4) | 6.07 | 66.76 | 0.37 | 94.74 | 60.13 | -39.95 | 986.40 | -48.33 | 27.96 | -56.88 | 1018.57 | -47.61 |
| 2016 (3) | 3.64 | 628.0 | 0.19 | -48.65 | 100.14 | -86.27 | 1909.03 | 92.38 | 64.84 | -87.65 | 1944.34 | 62.51 |
| 2015 (2) | 0.50 | -54.55 | 0.37 | -71.54 | 729.19 | 120.15 | 992.34 | 254.14 | 525.05 | 192.44 | 1196.48 | 177.03 |
| 2014 (1) | 1.10 | -32.1 | 1.30 | -32.64 | 331.22 | 47.13 | 280.21 | 47.95 | 179.54 | 70.88 | 431.89 | 39.57 |
