- 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) | 2.48 | -12.37 | -12.68 | 1.49 | 893.33 | 1254.55 | 36.72 | 14.0 | 14.54 | 61.06 | -90.18 | -92.85 | 1.10 | -95.39 | -96.67 | 96.68 | -84.66 | -88.67 |
| 23Q3 (19) | 2.83 | 14.11 | 0.71 | 0.15 | 36.36 | 36.36 | 32.21 | -12.19 | -0.56 | 621.76 | -24.58 | -26.23 | 23.86 | -20.44 | -22.05 | 630.11 | -24.19 | -25.39 |
| 23Q2 (18) | 2.48 | 25.89 | 36.26 | 0.11 | 22.22 | 22.22 | 36.68 | -20.42 | -26.82 | 824.43 | -15.07 | -20.6 | 29.99 | 1.11 | -0.13 | 831.12 | -15.81 | -21.47 |
| 23Q1 (17) | 1.97 | -30.63 | 2.6 | 0.09 | -18.18 | 0.0 | 46.09 | 43.76 | -2.8 | 970.72 | 13.64 | -2.33 | 29.66 | -10.31 | 180.61 | 987.15 | 15.7 | -4.23 |
| 22Q4 (16) | 2.84 | 1.07 | 39.9 | 0.11 | 0.0 | 37.5 | 32.06 | -1.02 | -28.52 | 854.18 | 1.35 | -28.37 | 33.07 | 8.04 | 272.83 | 853.18 | 1.02 | -30.55 |
| 22Q3 (15) | 2.81 | 54.4 | 92.47 | 0.11 | 22.22 | 57.14 | 32.39 | -35.38 | -48.15 | 842.81 | -18.83 | -33.94 | 30.61 | 1.93 | -87.59 | 844.59 | -20.2 | -22.62 |
| 22Q2 (14) | 1.82 | -5.21 | 38.93 | 0.09 | 0.0 | 200.0 | 50.12 | 5.69 | -27.96 | 1038.32 | 4.47 | -60.21 | 30.03 | 184.11 | -96.59 | 1058.41 | 2.68 | -41.13 |
| 22Q1 (13) | 1.92 | -5.42 | 53.6 | 0.09 | 12.5 | 125.0 | 47.42 | 5.73 | -35.11 | 993.92 | -16.65 | -55.91 | 10.57 | 19.17 | -99.03 | 1030.77 | -16.09 | -16.98 |
| 21Q4 (12) | 2.03 | 39.04 | -56.53 | 0.08 | 14.29 | -46.67 | 44.85 | -28.21 | 130.24 | 1192.50 | -6.53 | 93.51 | 8.87 | -96.4 | -97.78 | 1228.47 | 12.54 | 420.45 |
| 21Q3 (11) | 1.46 | 11.45 | -51.01 | 0.07 | 133.33 | -46.15 | 62.47 | -10.21 | 104.35 | 1275.77 | -51.11 | 87.04 | 246.71 | -72.0 | -42.89 | 1091.54 | -39.29 | 288.88 |
| 21Q2 (10) | 1.31 | 4.8 | 22.43 | 0.03 | -25.0 | -70.0 | 69.57 | -4.8 | -17.96 | 2609.30 | 15.75 | 179.35 | 881.01 | -18.86 | 58.47 | 1797.86 | 44.8 | 288.37 |
| 21Q1 (9) | 1.25 | -73.23 | -10.71 | 0.04 | -73.33 | -92.31 | 73.08 | 275.15 | 12.59 | 2254.25 | 265.81 | 1194.65 | 1085.75 | 171.65 | 2996.83 | 1241.58 | 426.0 | 508.74 |
| 20Q4 (8) | 4.67 | 56.71 | 211.33 | 0.15 | 15.38 | -64.29 | 19.48 | -36.28 | -67.83 | 616.24 | -9.66 | 185.12 | 399.68 | -7.48 | 1316.8 | 236.04 | -15.91 | -5.0 |
| 20Q3 (7) | 2.98 | 178.5 | 144.26 | 0.13 | 30.0 | -60.61 | 30.57 | -63.95 | -58.92 | 682.10 | -26.97 | 150.45 | 431.98 | -22.3 | 2803.09 | 280.69 | -39.37 | -15.43 |
| 20Q2 (6) | 1.07 | -23.57 | -25.69 | 0.10 | -80.77 | -62.96 | 84.80 | 30.64 | 34.41 | 934.06 | 436.45 | 175.68 | 555.93 | 1485.65 | 6614.13 | 462.93 | 126.97 | 17.6 |
| 20Q1 (5) | 1.40 | -6.67 | -68.11 | 0.52 | 23.81 | 147.62 | 64.91 | 7.2 | 212.82 | 174.12 | -19.44 | -60.56 | 35.06 | 24.28 | 77.79 | 203.96 | -17.91 | -53.9 |
| 19Q4 (4) | 1.50 | 22.95 | 0.0 | 0.42 | 27.27 | 0.0 | 60.55 | -18.64 | 0.0 | 216.13 | -20.64 | 0.0 | 28.21 | 89.58 | 0.0 | 248.46 | -25.14 | 0.0 |
| 19Q3 (3) | 1.22 | -15.28 | 0.0 | 0.33 | 22.22 | 0.0 | 74.42 | 17.96 | 0.0 | 272.35 | -19.62 | 0.0 | 14.88 | 79.71 | 0.0 | 331.90 | -15.68 | 0.0 |
| 19Q2 (2) | 1.44 | -67.2 | 0.0 | 0.27 | 28.57 | 0.0 | 63.09 | 204.05 | 0.0 | 338.82 | -23.25 | 0.0 | 8.28 | -58.01 | 0.0 | 393.64 | -11.03 | 0.0 |
| 19Q1 (1) | 4.39 | 0.0 | 0.0 | 0.21 | 0.0 | 0.0 | 20.75 | 0.0 | 0.0 | 441.44 | 0.0 | 0.0 | 19.72 | 0.0 | 0.0 | 442.46 | 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) | 8.75 | 2.7 | 1.91 | 389.74 | 41.71 | -2.64 | 191.11 | -79.54 | 9.60 | -65.62 | 223.22 | -76.48 |
| 2022 (9) | 8.52 | 82.83 | 0.39 | 69.57 | 42.84 | -45.29 | 934.25 | -41.99 | 27.92 | -94.9 | 949.16 | -16.82 |
| 2021 (8) | 4.66 | -57.44 | 0.23 | -66.67 | 78.30 | 134.99 | 1610.46 | 204.43 | 547.73 | 75.61 | 1141.03 | 355.63 |
| 2020 (7) | 10.95 | 16.49 | 0.69 | -52.41 | 33.32 | -14.17 | 529.01 | 110.3 | 311.90 | 1047.96 | 250.43 | -4.85 |
| 2019 (6) | 9.40 | 112.19 | 1.45 | 72.62 | 38.82 | -52.88 | 251.55 | -42.05 | 27.17 | -7.27 | 263.20 | -45.97 |
| 2018 (5) | 4.43 | 9.11 | 0.84 | 13.51 | 82.39 | -8.29 | 434.08 | -12.17 | 29.30 | -85.98 | 487.17 | 29.87 |
| 2017 (4) | 4.06 | 5.45 | 0.74 | 2.78 | 89.84 | -5.12 | 494.21 | -3.16 | 208.94 | -4.04 | 375.11 | -3.14 |
| 2016 (3) | 3.85 | -65.0 | 0.72 | 22.03 | 94.69 | 185.3 | 510.32 | -17.57 | 217.73 | -29.35 | 387.28 | 12.55 |
| 2015 (2) | 11.00 | 89.0 | 0.59 | 47.5 | 33.19 | -47.06 | 619.10 | -31.95 | 308.19 | -46.0 | 344.11 | -14.33 |
| 2014 (1) | 5.82 | 85.35 | 0.40 | 122.22 | 62.69 | -46.07 | 909.73 | -55.69 | 570.74 | -72.62 | 401.69 | 371.8 |
