- 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) | 0.91 | -46.78 | -34.53 | 0.76 | -39.68 | -14.61 | 99.48 | 86.99 | 51.42 | 120.49 | 67.05 | 17.39 | 24.75 | 90.53 | 19.33 | 195.22 | 73.78 | 32.26 |
| 23Q3 (19) | 1.71 | -14.5 | -16.99 | 1.26 | 85.29 | 14.55 | 53.20 | 16.69 | 20.66 | 72.13 | -45.98 | -12.53 | 12.99 | -47.89 | -23.14 | 112.34 | -27.14 | 2.45 |
| 23Q2 (18) | 2.00 | 27.39 | -8.26 | 0.68 | 54.55 | 13.33 | 45.59 | -21.49 | 9.46 | 133.53 | -35.2 | -11.83 | 24.93 | -43.11 | -35.18 | 154.19 | -30.01 | -0.29 |
| 23Q1 (17) | 1.57 | 12.95 | -8.19 | 0.44 | -50.56 | -13.73 | 58.07 | -11.61 | 9.13 | 206.05 | 100.75 | 14.82 | 43.82 | 111.28 | -3.35 | 220.30 | 49.25 | 17.6 |
| 22Q4 (16) | 1.39 | -32.52 | -13.13 | 0.89 | -19.09 | 18.67 | 65.70 | 49.01 | 15.87 | 102.64 | 24.47 | -15.61 | 20.74 | 22.72 | 0.44 | 147.60 | 34.61 | -6.4 |
| 22Q3 (15) | 2.06 | -5.5 | 18.39 | 1.10 | 83.33 | 59.42 | 44.09 | 5.86 | -15.63 | 82.46 | -45.55 | -37.17 | 16.90 | -56.06 | -26.23 | 109.65 | -29.09 | -31.72 |
| 22Q2 (14) | 2.18 | 27.49 | 11.79 | 0.60 | 17.65 | 22.45 | 41.65 | -21.73 | -10.6 | 151.45 | -15.61 | -17.89 | 38.46 | -15.17 | -15.68 | 154.64 | -17.45 | -16.6 |
| 22Q1 (13) | 1.71 | 6.87 | 10.32 | 0.51 | -32.0 | 45.71 | 53.21 | -6.16 | -9.51 | 179.46 | 47.55 | -30.04 | 45.34 | 119.56 | -36.63 | 187.33 | 18.8 | -23.14 |
| 21Q4 (12) | 1.60 | -8.05 | 116.22 | 0.75 | 8.7 | 29.31 | 56.70 | 8.5 | -53.74 | 121.63 | -7.32 | -22.1 | 20.65 | -9.86 | -38.72 | 157.69 | -1.81 | -35.64 |
| 21Q3 (11) | 1.74 | -10.77 | -2.79 | 0.69 | 40.82 | -40.0 | 52.26 | 12.17 | 2.93 | 131.24 | -28.85 | 65.31 | 22.91 | -49.77 | 30.02 | 160.60 | -13.39 | 42.7 |
| 21Q2 (10) | 1.95 | 25.81 | 5.98 | 0.49 | 40.0 | 0.0 | 46.59 | -20.77 | -5.59 | 184.45 | -28.09 | -1.48 | 45.61 | -36.25 | -1.38 | 185.43 | -23.92 | -2.57 |
| 21Q1 (9) | 1.55 | 109.46 | -6.63 | 0.35 | -39.66 | -12.5 | 58.80 | -52.02 | 7.05 | 256.50 | 64.28 | 13.24 | 71.55 | 112.31 | 41.38 | 243.74 | -0.51 | 5.59 |
| 20Q4 (8) | 0.74 | -58.66 | -43.51 | 0.58 | -49.57 | -23.68 | 122.56 | 141.4 | 77.03 | 156.14 | 96.67 | 30.78 | 33.70 | 91.26 | 68.33 | 245.00 | 117.7 | 45.31 |
| 20Q3 (7) | 1.79 | -2.72 | -18.26 | 1.15 | 134.69 | 7.48 | 50.77 | 2.88 | 22.25 | 79.39 | -57.6 | -6.99 | 17.62 | -61.9 | 9.99 | 112.54 | -40.87 | 1.51 |
| 20Q2 (6) | 1.84 | 10.84 | -20.0 | 0.49 | 22.5 | -9.26 | 49.35 | -10.16 | 24.87 | 187.23 | -17.34 | 10.46 | 46.25 | -8.61 | 11.8 | 190.32 | -17.55 | 13.52 |
| 20Q1 (5) | 1.66 | 26.72 | -14.87 | 0.40 | -47.37 | -13.04 | 54.93 | -20.66 | 17.98 | 226.51 | 89.72 | 15.23 | 50.61 | 152.8 | -4.92 | 230.83 | 36.9 | 21.56 |
| 19Q4 (4) | 1.31 | -40.18 | 0.0 | 0.76 | -28.97 | 0.0 | 69.23 | 66.7 | 0.0 | 119.39 | 39.87 | 0.0 | 20.02 | 24.97 | 0.0 | 168.61 | 52.08 | 0.0 |
| 19Q3 (3) | 2.19 | -4.78 | 0.0 | 1.07 | 98.15 | 0.0 | 41.53 | 5.09 | 0.0 | 85.36 | -49.64 | 0.0 | 16.02 | -61.28 | 0.0 | 110.87 | -33.87 | 0.0 |
| 19Q2 (2) | 2.30 | 17.95 | 0.0 | 0.54 | 17.39 | 0.0 | 39.52 | -15.12 | 0.0 | 169.50 | -13.77 | 0.0 | 41.37 | -22.28 | 0.0 | 167.65 | -11.71 | 0.0 |
| 19Q1 (1) | 1.95 | 0.0 | 0.0 | 0.46 | 0.0 | 0.0 | 46.56 | 0.0 | 0.0 | 196.57 | 0.0 | 0.0 | 53.23 | 0.0 | 0.0 | 189.89 | 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) | 10.56 | 1.34 | 3.77 | -5.28 | 34.57 | -1.28 | 96.84 | 5.63 | 21.89 | 9.78 | 109.52 | 2.59 |
| 2022 (9) | 10.42 | 20.32 | 3.98 | 28.8 | 35.02 | -16.92 | 91.68 | -22.27 | 19.94 | -22.02 | 106.75 | -20.66 |
| 2021 (8) | 8.66 | -26.17 | 3.09 | -8.85 | 42.15 | 35.53 | 117.95 | 9.65 | 25.57 | 17.83 | 134.54 | 15.01 |
| 2020 (7) | 11.73 | -8.79 | 3.39 | -13.74 | 31.10 | 9.58 | 107.57 | 15.79 | 21.70 | 20.02 | 116.98 | 13.34 |
| 2019 (6) | 12.86 | 23.77 | 3.93 | 1.03 | 28.38 | -19.19 | 92.90 | -1.04 | 18.08 | -15.59 | 103.21 | -4.06 |
| 2018 (5) | 10.39 | -2.81 | 3.89 | -25.05 | 35.12 | 2.9 | 93.88 | 33.48 | 21.42 | 26.6 | 107.58 | 22.89 |
| 2017 (4) | 10.69 | -18.71 | 5.19 | -6.49 | 34.13 | 22.99 | 70.33 | 6.87 | 16.92 | -2.93 | 87.54 | 14.99 |
| 2016 (3) | 13.15 | -18.07 | 5.55 | -0.72 | 27.75 | 22.03 | 65.81 | 0.72 | 17.43 | -9.64 | 76.13 | 10.67 |
| 2015 (2) | 16.05 | 1.65 | 5.59 | -24.97 | 22.74 | -1.64 | 65.34 | 33.4 | 19.29 | 6.28 | 68.79 | 27.53 |
| 2014 (1) | 15.79 | 28.06 | 7.45 | -2.99 | 23.12 | -21.89 | 48.98 | 3.03 | 18.15 | -19.33 | 53.94 | -1.28 |
