- 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) | 2.35 | -30.68 | -31.29 | 1.74 | -35.56 | -13.86 | 38.81 | 44.65 | 46.01 | 52.16 | 54.59 | 15.91 | 57.26 | 58.83 | 7.45 | 33.70 | 37.44 | 84.25 |
| 23Q3 (19) | 3.39 | -14.39 | 23.27 | 2.70 | -15.36 | 33.66 | 26.83 | 16.65 | -18.92 | 33.74 | 18.3 | -25.12 | 36.05 | 90.04 | -28.3 | 24.52 | -24.67 | -12.02 |
| 23Q2 (18) | 3.96 | 72.17 | -4.35 | 3.19 | 87.65 | 18.15 | 23.00 | -41.92 | 4.69 | 28.52 | -46.58 | -15.25 | 18.97 | -63.17 | -27.84 | 32.55 | -21.55 | 10.98 |
| 23Q1 (17) | 2.30 | -32.75 | -12.21 | 1.70 | -15.84 | -9.57 | 39.60 | 48.98 | 14.12 | 53.39 | 18.64 | 10.11 | 51.50 | -3.36 | 63.34 | 41.49 | 126.85 | -19.69 |
| 22Q4 (16) | 3.42 | 24.36 | 52.68 | 2.02 | 0.0 | 15.43 | 26.58 | -19.67 | -34.58 | 45.00 | -0.13 | -13.63 | 53.29 | 5.99 | 21.31 | 18.29 | -34.37 | -62.51 |
| 22Q3 (15) | 2.75 | -33.57 | -10.71 | 2.02 | -25.19 | -13.68 | 33.09 | 50.61 | 12.13 | 45.06 | 33.91 | 15.75 | 50.28 | 91.25 | 39.71 | 27.87 | -4.98 | -14.14 |
| 22Q2 (14) | 4.14 | 58.02 | 116.75 | 2.70 | 43.62 | 36.36 | 21.97 | -36.69 | -53.83 | 33.65 | -30.6 | -26.62 | 26.29 | -16.62 | -46.72 | 29.33 | -43.22 | -33.49 |
| 22Q1 (13) | 2.62 | 16.96 | 25.36 | 1.88 | 7.43 | -33.57 | 34.70 | -14.6 | -20.36 | 48.49 | -6.93 | 50.59 | 31.53 | -28.23 | -15.4 | 51.66 | 5.88 | 34.18 |
| 21Q4 (12) | 2.24 | -27.27 | 10.89 | 1.75 | -25.21 | -23.58 | 40.63 | 37.68 | -9.73 | 52.10 | 33.83 | 30.97 | 43.93 | 22.06 | 4.32 | 48.79 | 50.31 | 14.32 |
| 21Q3 (11) | 3.08 | 61.26 | 4.05 | 2.34 | 18.18 | 4.93 | 29.51 | -37.98 | -4.19 | 38.93 | -15.11 | -4.61 | 35.99 | -27.06 | -13.05 | 32.46 | -26.39 | 7.45 |
| 21Q2 (10) | 1.91 | -8.61 | -0.52 | 1.98 | -30.04 | 9.39 | 47.58 | 9.2 | 0.3 | 45.86 | 42.42 | -9.03 | 49.34 | 32.39 | 38.21 | 44.10 | 14.55 | -29.04 |
| 21Q1 (9) | 2.09 | 3.47 | -1.42 | 2.83 | 23.58 | 40.1 | 43.57 | -3.2 | 1.35 | 32.20 | -19.05 | -28.52 | 37.27 | -11.49 | -0.19 | 38.50 | -9.79 | -24.06 |
| 20Q4 (8) | 2.02 | -31.76 | -22.31 | 2.29 | 2.69 | 1.33 | 45.01 | 46.14 | 28.42 | 39.78 | -2.52 | -1.0 | 42.11 | 1.74 | -13.64 | 42.68 | 41.28 | 61.24 |
| 20Q3 (7) | 2.96 | 54.17 | 8.42 | 2.23 | 23.2 | 5.19 | 30.80 | -35.08 | -7.51 | 40.81 | -19.04 | -4.78 | 41.39 | 15.94 | -26.38 | 30.21 | -51.39 | 51.5 |
| 20Q2 (6) | 1.92 | -9.43 | -43.7 | 1.81 | -10.4 | -26.42 | 47.44 | 10.35 | 77.74 | 50.41 | 11.9 | 36.54 | 35.70 | -4.39 | 7.27 | 62.15 | 22.58 | 104.91 |
| 20Q1 (5) | 2.12 | -18.46 | -3.2 | 2.02 | -10.62 | 13.48 | 42.99 | 22.65 | 3.29 | 45.05 | 12.12 | -11.99 | 37.34 | -23.42 | 25.98 | 50.70 | 91.54 | -19.74 |
| 19Q4 (4) | 2.60 | -4.76 | 0.0 | 2.26 | 6.6 | 0.0 | 35.05 | 5.26 | 0.0 | 40.18 | -6.25 | 0.0 | 48.76 | -13.27 | 0.0 | 26.47 | 32.75 | 0.0 |
| 19Q3 (3) | 2.73 | -19.94 | 0.0 | 2.12 | -13.82 | 0.0 | 33.30 | 24.77 | 0.0 | 42.86 | 16.09 | 0.0 | 56.22 | 68.93 | 0.0 | 19.94 | -34.26 | 0.0 |
| 19Q2 (2) | 3.41 | 55.71 | 0.0 | 2.46 | 38.2 | 0.0 | 26.69 | -35.87 | 0.0 | 36.92 | -27.88 | 0.0 | 33.28 | 12.28 | 0.0 | 30.33 | -51.99 | 0.0 |
| 19Q1 (1) | 2.19 | 0.0 | 0.0 | 1.78 | 0.0 | 0.0 | 41.62 | 0.0 | 0.0 | 51.19 | 0.0 | 0.0 | 29.64 | 0.0 | 0.0 | 63.17 | 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) | 8.79 | -16.37 | 5.51 | -20.61 | 41.54 | 19.64 | 66.21 | 25.83 | 78.12 | 43.92 | 29.64 | -10.34 |
| 2022 (9) | 10.51 | 25.27 | 6.94 | -24.57 | 34.72 | -20.15 | 52.62 | 32.64 | 54.28 | 50.65 | 33.06 | -29.85 |
| 2021 (8) | 8.39 | 17.84 | 9.20 | 9.92 | 43.48 | -15.14 | 39.67 | -9.08 | 36.03 | -26.72 | 47.13 | 3.13 |
| 2020 (7) | 7.12 | -27.42 | 8.37 | 7.17 | 51.24 | 37.67 | 43.63 | -6.65 | 49.17 | 13.74 | 45.70 | 12.2 |
| 2019 (6) | 9.81 | -11.22 | 7.81 | -11.05 | 37.22 | 12.65 | 46.74 | 12.44 | 43.23 | 30.09 | 40.73 | -1.57 |
| 2018 (5) | 11.05 | 26.29 | 8.78 | 19.78 | 33.04 | -20.84 | 41.57 | -16.49 | 33.23 | -30.29 | 41.38 | -5.63 |
| 2017 (4) | 8.75 | -9.61 | 7.33 | -8.03 | 41.74 | 10.72 | 49.78 | 8.71 | 47.67 | 5.53 | 43.85 | 14.43 |
| 2016 (3) | 9.68 | -22.06 | 7.97 | -22.17 | 37.70 | 28.23 | 45.79 | 28.48 | 45.17 | 41.69 | 38.32 | 15.6 |
| 2015 (2) | 12.42 | 218.46 | 10.24 | -63.96 | 29.40 | -68.57 | 35.64 | 177.35 | 31.88 | 124.35 | 33.15 | -64.04 |
| 2014 (1) | 3.90 | -20.57 | 28.41 | -17.44 | 93.54 | 25.95 | 12.85 | 21.11 | 14.21 | 42.53 | 92.18 | 23.07 |
