- 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) | 1.89 | 9.25 | -5.03 | 2.69 | 22.27 | 56.4 | 48.26 | -8.04 | 5.33 | 33.77 | -18.49 | -36.08 | 53.33 | 2.09 | -2.82 | 28.70 | -31.14 | -34.43 |
| 23Q3 (19) | 1.73 | -1.14 | -11.73 | 2.20 | 25.0 | 21.55 | 52.48 | 0.86 | 13.2 | 41.43 | -19.77 | -17.55 | 52.24 | 0.29 | -0.32 | 41.68 | -19.19 | -5.72 |
| 23Q2 (18) | 1.75 | -2.23 | 13.64 | 1.76 | 5.39 | 16.56 | 52.03 | 2.46 | -11.68 | 51.64 | -5.16 | -14.3 | 52.09 | -5.38 | -23.39 | 51.58 | 2.81 | 0.76 |
| 23Q1 (17) | 1.79 | -10.05 | 18.54 | 1.67 | -2.91 | -11.64 | 50.78 | 10.82 | -15.48 | 54.45 | 3.07 | 12.8 | 55.05 | 0.31 | -23.21 | 50.17 | 14.62 | 36.85 |
| 22Q4 (16) | 1.99 | 1.53 | -15.68 | 1.72 | -4.97 | -39.44 | 45.82 | -1.16 | 18.83 | 52.83 | 5.13 | 64.63 | 54.88 | 4.71 | 7.29 | 43.77 | -1.0 | 124.46 |
| 22Q3 (15) | 1.96 | 27.27 | -10.5 | 1.81 | 19.87 | -11.71 | 46.36 | -21.3 | 11.58 | 50.25 | -16.61 | 13.2 | 52.41 | -22.92 | -8.39 | 44.21 | -13.64 | 53.88 |
| 22Q2 (14) | 1.54 | 1.99 | -23.0 | 1.51 | -20.11 | -16.57 | 58.91 | -1.95 | 29.76 | 60.26 | 24.84 | 19.73 | 67.99 | -5.16 | 27.85 | 51.19 | 39.63 | 20.31 |
| 22Q1 (13) | 1.51 | -36.02 | 16.15 | 1.89 | -33.45 | 42.11 | 60.08 | 55.81 | -14.45 | 48.27 | 50.42 | -29.42 | 71.69 | 40.16 | -17.55 | 36.66 | 88.0 | -29.05 |
| 21Q4 (12) | 2.36 | 7.76 | 9.77 | 2.84 | 38.54 | -0.35 | 38.56 | -7.2 | -8.78 | 32.09 | -27.71 | 0.31 | 51.15 | -10.59 | 6.58 | 19.50 | -32.13 | -25.77 |
| 21Q3 (11) | 2.19 | 9.5 | 27.33 | 2.05 | 13.26 | -15.64 | 41.55 | -8.48 | -21.59 | 44.39 | -11.8 | 18.34 | 57.21 | 7.58 | 1.02 | 28.73 | -32.48 | -15.18 |
| 21Q2 (10) | 2.00 | 53.85 | 8.11 | 1.81 | 36.09 | -29.57 | 45.40 | -35.36 | -7.55 | 50.33 | -26.41 | 42.26 | 53.18 | -38.84 | -0.75 | 42.55 | -17.65 | 37.66 |
| 21Q1 (9) | 1.30 | -39.53 | -13.33 | 1.33 | -53.33 | -43.64 | 70.23 | 66.15 | 16.08 | 68.39 | 113.79 | 77.73 | 86.95 | 81.18 | 31.27 | 51.67 | 96.69 | 57.77 |
| 20Q4 (8) | 2.15 | 25.0 | 9.69 | 2.85 | 17.28 | -15.93 | 42.27 | -20.23 | -9.12 | 31.99 | -14.72 | 19.23 | 47.99 | -15.26 | -6.87 | 26.27 | -22.44 | 20.39 |
| 20Q3 (7) | 1.72 | -7.03 | -9.95 | 2.43 | -5.45 | -11.64 | 52.99 | 7.9 | 11.28 | 37.51 | 6.02 | 13.46 | 56.63 | 5.69 | 9.22 | 33.87 | 9.58 | 17.48 |
| 20Q2 (6) | 1.85 | 23.33 | -7.5 | 2.57 | 8.9 | 13.72 | 49.11 | -18.83 | 7.86 | 35.38 | -8.06 | -12.14 | 53.58 | -19.11 | 7.85 | 30.91 | -5.62 | -14.42 |
| 20Q1 (5) | 1.50 | -23.47 | -11.24 | 2.36 | -30.38 | 24.87 | 60.50 | 30.08 | 12.37 | 38.48 | 43.42 | -20.15 | 66.24 | 28.55 | 6.46 | 32.75 | 50.09 | -17.75 |
| 19Q4 (4) | 1.96 | 2.62 | 0.0 | 3.39 | 23.27 | 0.0 | 46.51 | -2.33 | 0.0 | 26.83 | -18.84 | 0.0 | 51.53 | -0.62 | 0.0 | 21.82 | -24.31 | 0.0 |
| 19Q3 (3) | 1.91 | -4.5 | 0.0 | 2.75 | 21.68 | 0.0 | 47.62 | 4.59 | 0.0 | 33.06 | -17.9 | 0.0 | 51.85 | 4.37 | 0.0 | 28.83 | -20.18 | 0.0 |
| 19Q2 (2) | 2.00 | 18.34 | 0.0 | 2.26 | 19.58 | 0.0 | 45.53 | -15.43 | 0.0 | 40.27 | -16.43 | 0.0 | 49.68 | -20.15 | 0.0 | 36.12 | -9.29 | 0.0 |
| 19Q1 (1) | 1.69 | 0.0 | 0.0 | 1.89 | 0.0 | 0.0 | 53.84 | 0.0 | 0.0 | 48.19 | 0.0 | 0.0 | 62.22 | 0.0 | 0.0 | 39.82 | 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) | 7.28 | 21.33 | 7.94 | 9.37 | 50.12 | -17.67 | 45.98 | -8.55 | 57.14 | -15.82 | 38.96 | -9.98 |
| 2022 (9) | 6.00 | 12.36 | 7.26 | -6.56 | 60.88 | -10.97 | 50.28 | 7.07 | 67.88 | -13.53 | 43.28 | 17.48 |
| 2021 (8) | 5.34 | -17.85 | 7.77 | -21.91 | 68.38 | 21.85 | 46.96 | 28.06 | 78.50 | 22.24 | 36.84 | 28.95 |
| 2020 (7) | 6.50 | -3.56 | 9.95 | 2.05 | 56.12 | 3.68 | 36.67 | -2.06 | 64.22 | 4.2 | 28.57 | -4.58 |
| 2019 (6) | 6.74 | -12.35 | 9.75 | 8.33 | 54.13 | 14.1 | 37.44 | -7.74 | 61.63 | 5.73 | 29.94 | 0.74 |
| 2018 (5) | 7.69 | -21.85 | 9.00 | -9.27 | 47.44 | 27.84 | 40.58 | 10.33 | 58.29 | 2.3 | 29.72 | 75.75 |
| 2017 (4) | 9.84 | -9.31 | 9.92 | 2.16 | 37.11 | 10.35 | 36.78 | -2.15 | 56.98 | 2.81 | 16.91 | 7.03 |
| 2016 (3) | 10.85 | 11.74 | 9.71 | -8.83 | 33.63 | -10.51 | 37.59 | 9.69 | 55.42 | 2.92 | 15.80 | -12.22 |
| 2015 (2) | 9.71 | 11.35 | 10.65 | 10.48 | 37.58 | -10.22 | 34.27 | -9.48 | 53.85 | -15.02 | 18.00 | 10.09 |
| 2014 (1) | 8.72 | 4.06 | 9.64 | 4.67 | 41.86 | -3.92 | 37.86 | -4.42 | 63.37 | -5.16 | 16.35 | -0.12 |
