- 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) | 1.00 | -7.41 | -55.56 | 0.07 | 16.67 | -50.0 | 90.92 | 7.7 | 124.33 | 1333.59 | -12.79 | 99.15 | 19.69 | 4.85 | 6251.61 | 1404.82 | -11.91 | 97.9 |
| 23Q3 (19) | 1.08 | 50.0 | 125.0 | 0.06 | 20.0 | 50.0 | 84.42 | -32.75 | -55.09 | 1529.16 | -13.16 | -29.11 | 18.78 | 249.07 | 920.65 | 1594.80 | -15.22 | -31.94 |
| 23Q2 (18) | 0.72 | 33.33 | 26.32 | 0.05 | 150.0 | 66.67 | 125.53 | -25.78 | -21.2 | 1760.91 | -62.28 | -36.57 | 5.38 | 796.67 | -98.43 | 1881.07 | -61.11 | -27.44 |
| 23Q1 (17) | 0.54 | -76.0 | 100.0 | 0.02 | -85.71 | -33.33 | 169.14 | 317.32 | -49.42 | 4668.47 | 597.17 | 53.77 | 0.60 | 93.55 | -99.89 | 4837.01 | 581.41 | 71.82 |
| 22Q4 (16) | 2.25 | 368.75 | 581.82 | 0.14 | 250.0 | 27.27 | 40.53 | -78.44 | -85.42 | 669.63 | -68.96 | -19.7 | 0.31 | -83.15 | -99.32 | 709.85 | -69.71 | -33.42 |
| 22Q3 (15) | 0.48 | -15.79 | 33.33 | 0.04 | 33.33 | 0.0 | 187.99 | 18.01 | -25.95 | 2157.13 | -22.29 | -1.39 | 1.84 | -99.46 | -78.9 | 2343.27 | -9.62 | -3.67 |
| 22Q2 (14) | 0.57 | 111.11 | -25.0 | 0.03 | 0.0 | -62.5 | 159.30 | -52.37 | 33.32 | 2775.99 | -8.56 | 134.27 | 342.71 | -38.27 | 8642.6 | 2592.59 | -7.91 | 99.35 |
| 22Q1 (13) | 0.27 | -18.18 | -30.77 | 0.03 | -72.73 | -40.0 | 334.43 | 20.33 | 41.61 | 3035.92 | 264.06 | 62.19 | 555.14 | 1115.55 | 7707.88 | 2815.21 | 164.05 | 34.0 |
| 21Q4 (12) | 0.33 | -8.33 | -47.62 | 0.11 | 175.0 | 57.14 | 277.93 | 9.48 | 92.3 | 833.90 | -61.88 | -31.99 | 45.67 | 423.74 | 563.81 | 1066.17 | -56.17 | -21.83 |
| 21Q3 (11) | 0.36 | -52.63 | -40.0 | 0.04 | -50.0 | -55.56 | 253.86 | 112.45 | 68.44 | 2187.51 | 84.61 | 112.67 | 8.72 | 122.45 | 25.11 | 2432.65 | 87.06 | 107.51 |
| 21Q2 (10) | 0.76 | 94.87 | 11.76 | 0.08 | 60.0 | -20.0 | 119.49 | -49.4 | -10.26 | 1184.93 | -36.7 | 32.69 | 3.92 | -44.87 | -83.95 | 1300.49 | -38.1 | 29.82 |
| 21Q1 (9) | 0.39 | -38.1 | -63.55 | 0.05 | -28.57 | -58.33 | 236.16 | 63.4 | 178.49 | 1871.87 | 52.66 | 140.12 | 7.11 | 3.34 | -90.67 | 2100.92 | 54.05 | 166.56 |
| 20Q4 (8) | 0.63 | 5.0 | -41.12 | 0.07 | -22.22 | -58.82 | 144.53 | -4.1 | 69.76 | 1226.17 | 19.21 | 122.98 | 6.88 | -1.29 | -92.76 | 1363.83 | 16.34 | 152.56 |
| 20Q3 (7) | 0.60 | -11.76 | -58.62 | 0.09 | -10.0 | -47.06 | 150.71 | 13.19 | 140.14 | 1028.58 | 15.18 | 89.04 | 6.97 | -71.46 | -94.23 | 1172.31 | 17.03 | 141.17 |
| 20Q2 (6) | 0.68 | -36.45 | -52.45 | 0.10 | -16.67 | -61.54 | 133.15 | 57.02 | 109.88 | 893.02 | 14.55 | 154.65 | 24.42 | -67.95 | -63.68 | 1001.76 | 27.1 | 188.77 |
| 20Q1 (5) | 1.07 | 0.0 | -10.83 | 0.12 | -29.41 | -60.0 | 84.80 | -0.4 | 12.14 | 779.56 | 41.76 | 157.7 | 76.20 | -19.82 | 2.02 | 788.16 | 45.96 | 159.74 |
| 19Q4 (4) | 1.07 | -26.21 | 0.0 | 0.17 | 0.0 | 0.0 | 85.14 | 35.66 | 0.0 | 549.90 | 1.06 | 0.0 | 95.04 | -21.32 | 0.0 | 540.00 | 11.09 | 0.0 |
| 19Q3 (3) | 1.45 | 1.4 | 0.0 | 0.17 | -34.62 | 0.0 | 62.76 | -1.07 | 0.0 | 544.12 | 55.16 | 0.0 | 120.79 | 79.67 | 0.0 | 486.10 | 40.13 | 0.0 |
| 19Q2 (2) | 1.43 | 19.17 | 0.0 | 0.26 | -13.33 | 0.0 | 63.44 | -16.11 | 0.0 | 350.68 | 15.92 | 0.0 | 67.23 | -9.99 | 0.0 | 346.90 | 14.32 | 0.0 |
| 19Q1 (1) | 1.20 | 0.0 | 0.0 | 0.30 | 0.0 | 0.0 | 75.62 | 0.0 | 0.0 | 302.51 | 0.0 | 0.0 | 74.69 | 0.0 | 0.0 | 303.44 | 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) | 4.08 | -7.27 | 0.20 | -25.93 | 89.48 | 7.82 | 1812.62 | 35.25 | 9.30 | -85.57 | 1892.80 | 39.31 |
| 2022 (9) | 4.40 | 126.8 | 0.27 | 0.0 | 82.99 | -55.94 | 1340.19 | -0.34 | 64.46 | -9.61 | 1358.72 | -7.05 |
| 2021 (8) | 1.94 | -35.76 | 0.27 | -28.95 | 188.35 | 55.66 | 1344.72 | 38.44 | 71.31 | 10.15 | 1461.76 | 42.25 |
| 2020 (7) | 3.02 | -31.83 | 0.38 | -50.0 | 121.00 | 46.74 | 971.35 | 100.98 | 64.74 | -41.15 | 1027.61 | 125.48 |
| 2019 (6) | 4.43 | -0.45 | 0.76 | -44.53 | 82.46 | 0.63 | 483.31 | 81.56 | 110.01 | 4.94 | 455.75 | 87.31 |
| 2018 (5) | 4.45 | 0 | 1.37 | 0 | 81.94 | 0 | 266.20 | 0 | 104.83 | 0 | 243.31 | 0 |
