- 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) | 1.86 | -15.07 | -5.58 | 2.24 | 28.74 | 19.79 | 48.99 | 18.13 | 6.29 | 40.69 | -22.14 | -16.46 | 13.43 | 21.65 | -39.75 | 76.25 | -7.8 | 5.14 |
| 23Q3 (19) | 2.19 | 5.8 | 6.83 | 1.74 | 16.0 | -12.12 | 41.47 | -5.6 | -6.77 | 52.26 | -14.0 | 13.78 | 11.04 | -46.56 | -50.96 | 82.70 | -1.59 | 21.81 |
| 23Q2 (18) | 2.07 | 5.61 | -6.76 | 1.50 | 1.35 | -22.28 | 43.93 | -5.53 | 7.09 | 60.77 | -1.48 | 29.19 | 20.66 | -17.43 | -20.63 | 84.04 | 1.05 | 35.48 |
| 23Q1 (17) | 1.96 | -0.51 | -5.31 | 1.48 | -20.86 | -23.71 | 46.50 | 0.89 | 5.95 | 61.68 | 26.63 | 31.79 | 25.02 | 12.25 | 18.75 | 83.17 | 14.69 | 19.46 |
| 22Q4 (16) | 1.97 | -3.9 | -7.94 | 1.87 | -5.56 | 8.72 | 46.09 | 3.62 | 8.6 | 48.71 | 6.05 | -7.76 | 22.29 | -0.98 | 13.96 | 72.52 | 6.82 | -4.18 |
| 22Q3 (15) | 2.05 | -7.66 | 4.59 | 1.98 | 2.59 | 25.32 | 44.48 | 8.43 | -4.12 | 45.93 | -2.36 | -20.33 | 22.51 | -13.52 | 32.1 | 67.89 | 9.45 | -21.97 |
| 22Q2 (14) | 2.22 | 7.25 | 18.09 | 1.93 | -0.52 | -6.31 | 41.02 | -6.54 | -15.09 | 47.04 | 0.51 | 6.4 | 26.03 | 23.54 | 259.03 | 62.03 | -10.9 | -27.25 |
| 22Q1 (13) | 2.07 | -3.27 | 18.97 | 1.94 | 12.79 | 2.65 | 43.89 | 3.42 | -15.92 | 46.80 | -11.38 | -2.76 | 21.07 | 7.72 | 62.2 | 69.62 | -8.01 | -20.29 |
| 21Q4 (12) | 2.14 | 9.18 | 13.23 | 1.72 | 8.86 | 21.13 | 42.44 | -8.51 | -11.69 | 52.81 | -8.4 | -17.72 | 19.56 | 14.79 | 22.02 | 75.68 | -13.01 | -21.34 |
| 21Q3 (11) | 1.96 | 4.26 | -4.39 | 1.58 | -23.3 | 83.72 | 46.39 | -3.97 | 4.41 | 57.65 | 30.4 | -45.66 | 17.04 | 135.03 | 55.19 | 87.00 | 2.03 | -37.65 |
| 21Q2 (10) | 1.88 | 8.05 | 40.3 | 2.06 | 8.99 | 212.12 | 48.31 | -7.45 | -28.9 | 44.21 | -8.14 | -67.99 | 7.25 | -44.19 | -57.5 | 85.27 | -2.37 | -54.89 |
| 21Q1 (9) | 1.74 | -7.94 | 0.0 | 1.89 | 33.1 | 75.0 | 52.20 | 8.61 | -0.42 | 48.13 | -25.01 | -43.12 | 12.99 | -18.96 | -40.39 | 87.34 | -9.22 | -24.21 |
| 20Q4 (8) | 1.89 | -7.8 | -4.55 | 1.42 | 65.12 | 17.36 | 48.06 | 8.17 | 4.8 | 64.18 | -39.5 | -14.46 | 16.03 | 45.99 | -24.42 | 96.21 | -31.05 | -3.48 |
| 20Q3 (7) | 2.05 | 52.99 | -5.53 | 0.86 | 30.3 | -28.33 | 44.43 | -34.61 | 6.09 | 106.09 | -23.19 | 40.4 | 10.98 | -35.64 | -40.78 | 139.54 | -26.17 | 41.09 |
| 20Q2 (6) | 1.34 | -22.99 | -31.28 | 0.66 | -38.89 | -47.2 | 67.95 | 29.63 | 45.35 | 138.12 | 63.24 | 89.18 | 17.06 | -21.71 | -27.65 | 189.01 | 64.01 | 96.52 |
| 20Q1 (5) | 1.74 | -12.12 | -14.29 | 1.08 | -10.74 | -26.03 | 52.42 | 14.3 | 16.96 | 84.61 | 12.77 | 36.18 | 21.79 | 2.73 | -19.98 | 115.24 | 15.61 | 44.56 |
| 19Q4 (4) | 1.98 | -8.76 | 0.0 | 1.21 | 0.83 | 0.0 | 45.86 | 9.5 | 0.0 | 75.03 | -0.7 | 0.0 | 21.21 | 14.4 | 0.0 | 99.68 | 0.79 | 0.0 |
| 19Q3 (3) | 2.17 | 11.28 | 0.0 | 1.20 | -4.0 | 0.0 | 41.88 | -10.42 | 0.0 | 75.56 | 3.49 | 0.0 | 18.54 | -21.37 | 0.0 | 98.90 | 2.83 | 0.0 |
| 19Q2 (2) | 1.95 | -3.94 | 0.0 | 1.25 | -14.38 | 0.0 | 46.75 | 4.31 | 0.0 | 73.01 | 17.51 | 0.0 | 23.58 | -13.4 | 0.0 | 96.18 | 20.65 | 0.0 |
| 19Q1 (1) | 2.03 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 44.82 | 0.0 | 0.0 | 62.13 | 0.0 | 0.0 | 27.23 | 0.0 | 0.0 | 79.72 | 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) | 6.75 | -21.88 | 7.24 | -3.6 | 54.10 | 28.14 | 50.39 | 3.68 | 27.02 | 38.78 | 77.47 | 8.56 |
| 2022 (9) | 8.64 | 22.03 | 7.51 | 9.0 | 42.22 | -18.1 | 48.60 | -8.23 | 19.47 | 6.8 | 71.36 | -17.3 |
| 2021 (8) | 7.08 | 42.45 | 6.89 | 63.27 | 51.55 | -29.8 | 52.96 | -38.73 | 18.23 | -36.59 | 86.29 | -34.19 |
| 2020 (7) | 4.97 | -34.43 | 4.22 | -19.92 | 73.43 | 52.53 | 86.44 | 24.91 | 28.75 | 5.74 | 131.12 | 45.46 |
| 2019 (6) | 7.58 | -11.03 | 5.27 | -12.31 | 48.14 | 12.32 | 69.20 | 13.89 | 27.19 | 10.53 | 90.14 | 14.07 |
| 2018 (5) | 8.52 | 12.4 | 6.01 | 7.71 | 42.86 | -10.95 | 60.76 | -7.15 | 24.60 | -5.38 | 79.02 | -9.76 |
| 2017 (4) | 7.58 | -1.69 | 5.58 | 2.76 | 48.13 | 1.63 | 65.44 | -2.66 | 26.00 | 5.56 | 87.57 | -2.66 |
| 2016 (3) | 7.71 | -10.66 | 5.43 | -13.12 | 47.36 | 11.94 | 67.23 | 15.08 | 24.63 | 56.68 | 89.96 | 5.82 |
| 2015 (2) | 8.63 | -11.85 | 6.25 | -49.56 | 42.31 | 13.52 | 58.42 | 98.3 | 15.72 | 265.58 | 85.01 | 36.17 |
| 2014 (1) | 9.79 | 1.14 | 12.39 | 70.19 | 37.27 | -1.14 | 29.46 | -41.27 | 4.30 | 66.67 | 62.43 | -26.79 |
