- 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) | 1.01 | -5.61 | 2.02 | 0.05 | 0.0 | -37.5 | 89.81 | 5.15 | -2.4 | 1836.95 | -6.78 | 63.25 | 66.75 | 18.2 | 40.73 | 1860.01 | -6.98 | 59.0 |
| 23Q3 (19) | 1.07 | 25.88 | 9.18 | 0.05 | 0.0 | -58.33 | 85.41 | -20.1 | -8.13 | 1970.54 | -0.94 | 152.21 | 56.47 | 0.64 | 12.47 | 1999.48 | -1.99 | 142.63 |
| 23Q2 (18) | 0.85 | -19.81 | -19.05 | 0.05 | -28.57 | -72.22 | 106.89 | 24.49 | 22.81 | 1989.24 | 48.95 | 297.6 | 56.11 | 22.75 | 19.13 | 2040.01 | 48.3 | 277.6 |
| 23Q1 (17) | 1.06 | 7.07 | -12.4 | 0.07 | -12.5 | -66.67 | 85.86 | -6.69 | 13.93 | 1335.47 | 18.68 | 213.98 | 45.71 | -3.63 | 6.3 | 1375.63 | 17.59 | 200.55 |
| 22Q4 (16) | 0.99 | 1.02 | 6.45 | 0.08 | -33.33 | -55.56 | 92.02 | -1.02 | -6.4 | 1125.24 | 44.02 | 124.81 | 47.43 | -5.54 | -6.74 | 1169.83 | 41.96 | 113.48 |
| 22Q3 (15) | 0.98 | -6.67 | -31.94 | 0.12 | -33.33 | -53.85 | 92.97 | 6.81 | 47.24 | 781.31 | 56.17 | 126.66 | 50.21 | 6.6 | 88.69 | 824.07 | 52.53 | 116.16 |
| 22Q2 (14) | 1.05 | -13.22 | -11.02 | 0.18 | -14.29 | 12.5 | 87.04 | 15.5 | 12.97 | 500.31 | 17.63 | -10.98 | 47.10 | 9.53 | 30.83 | 540.25 | 18.04 | -10.41 |
| 22Q1 (13) | 1.21 | 30.11 | 10.0 | 0.21 | 16.67 | 50.0 | 75.36 | -23.34 | -8.74 | 425.34 | -15.02 | -35.69 | 43.00 | -15.45 | -4.15 | 457.70 | -16.47 | -34.53 |
| 21Q4 (12) | 0.93 | -35.42 | -3.12 | 0.18 | -30.77 | 63.64 | 98.31 | 55.7 | 3.33 | 500.52 | 45.2 | -40.78 | 50.86 | 91.13 | 29.55 | 547.97 | 43.74 | -39.18 |
| 21Q3 (11) | 1.44 | 22.03 | 8.27 | 0.26 | 62.5 | 100.0 | 63.14 | -18.05 | -8.05 | 344.70 | -38.66 | -51.84 | 26.61 | -26.08 | 18.85 | 381.23 | -36.78 | -49.97 |
| 21Q2 (10) | 1.18 | 7.27 | 237.14 | 0.16 | 14.29 | 220.0 | 77.05 | -6.7 | -70.54 | 561.99 | -15.03 | -71.79 | 36.00 | -19.75 | -63.1 | 603.04 | -13.75 | -72.03 |
| 21Q1 (9) | 1.10 | 14.58 | -3.51 | 0.14 | 27.27 | -33.33 | 82.58 | -13.2 | 3.86 | 661.43 | -21.74 | 50.55 | 44.86 | 14.26 | 46.41 | 699.15 | -22.41 | 43.2 |
| 20Q4 (8) | 0.96 | -27.82 | -61.45 | 0.11 | -15.38 | -79.25 | 95.14 | 38.55 | 159.8 | 845.15 | 18.07 | 392.02 | 39.26 | 75.35 | 272.13 | 901.03 | 18.23 | 355.43 |
| 20Q3 (7) | 1.33 | 280.0 | 107.81 | 0.13 | 160.0 | 8.33 | 68.67 | -73.75 | -51.37 | 715.79 | -64.06 | -7.43 | 22.39 | -77.05 | -56.99 | 762.07 | -64.65 | -11.63 |
| 20Q2 (6) | 0.35 | -69.3 | -62.37 | 0.05 | -76.19 | -66.67 | 261.57 | 228.98 | 168.72 | 1991.88 | 353.37 | 227.82 | 97.55 | 218.37 | 72.59 | 2155.90 | 341.58 | 232.48 |
| 20Q1 (5) | 1.14 | -54.22 | 21.28 | 0.21 | -60.38 | 23.53 | 79.51 | 117.12 | -17.93 | 439.35 | 155.78 | -19.63 | 30.64 | 190.43 | -45.64 | 488.22 | 146.78 | -16.85 |
| 19Q4 (4) | 2.49 | 289.06 | 0.0 | 0.53 | 341.67 | 0.0 | 36.62 | -74.07 | 0.0 | 171.77 | -77.79 | 0.0 | 10.55 | -79.73 | 0.0 | 197.84 | -77.06 | 0.0 |
| 19Q3 (3) | 0.64 | -31.18 | 0.0 | 0.12 | -20.0 | 0.0 | 141.21 | 45.07 | 0.0 | 773.22 | 27.26 | 0.0 | 52.06 | -7.89 | 0.0 | 862.38 | 33.0 | 0.0 |
| 19Q2 (2) | 0.93 | -1.06 | 0.0 | 0.15 | -11.76 | 0.0 | 97.34 | 0.47 | 0.0 | 607.61 | 11.15 | 0.0 | 56.52 | 0.27 | 0.0 | 648.43 | 10.43 | 0.0 |
| 19Q1 (1) | 0.94 | 0.0 | 0.0 | 0.17 | 0.0 | 0.0 | 96.88 | 0.0 | 0.0 | 546.67 | 0.0 | 0.0 | 56.37 | 0.0 | 0.0 | 587.18 | 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) | 3.43 | -29.13 | 0.21 | -59.62 | 106.40 | 40.98 | 1753.61 | 149.96 | 66.72 | 63.57 | 1793.30 | 143.58 |
| 2022 (9) | 4.84 | -2.62 | 0.52 | -29.73 | 75.47 | 2.71 | 701.55 | 42.73 | 40.79 | 2.95 | 736.24 | 40.13 |
| 2021 (8) | 4.97 | 83.39 | 0.74 | 60.87 | 73.48 | -45.54 | 491.53 | -37.9 | 39.62 | -9.44 | 525.39 | -40.48 |
| 2020 (7) | 2.71 | -43.89 | 0.46 | -59.65 | 134.93 | 78.64 | 791.50 | 146.78 | 43.75 | 80.04 | 882.68 | 137.3 |
| 2019 (6) | 4.83 | 23.53 | 1.14 | -21.92 | 75.53 | -19.19 | 320.73 | 28.15 | 24.30 | -48.12 | 371.97 | 25.28 |
| 2018 (5) | 3.91 | 24.13 | 1.46 | -62.85 | 93.47 | -19.31 | 250.28 | 169.52 | 46.84 | -25.65 | 296.90 | 103.77 |
| 2017 (4) | 3.15 | 28.57 | 3.93 | 28.43 | 115.84 | -22.18 | 92.86 | -22.08 | 63.00 | -1.55 | 145.70 | -28.59 |
| 2016 (3) | 2.45 | -40.68 | 3.06 | -22.14 | 148.85 | 68.61 | 119.18 | 28.47 | 63.99 | 130.01 | 204.04 | 33.16 |
| 2015 (2) | 4.13 | 19.36 | 3.93 | 5.08 | 88.28 | -16.43 | 92.77 | -4.88 | 27.82 | -43.63 | 153.23 | -0.38 |
| 2014 (1) | 3.46 | -5.21 | 3.74 | -15.19 | 105.64 | 5.72 | 97.53 | 17.9 | 49.35 | -13.71 | 153.82 | 22.6 |
