- 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) | 12.79 | -14.28 | 1404.71 | 0.05 | 25.0 | 0 | 7.11 | 16.56 | -93.4 | 1890.24 | -25.17 | -91.92 | 59.08 | -13.98 | -91.44 | 1838.27 | -25.38 | -91.94 |
| 23Q3 (19) | 14.92 | 397.33 | 463.02 | 0.04 | 0 | 300.0 | 6.10 | -79.87 | -82.21 | 2526.04 | -93.63 | -72.31 | 68.68 | -92.55 | -73.26 | 2463.45 | -93.64 | -72.32 |
| 23Q2 (18) | 3.00 | 96.08 | -87.53 | 0.00 | 0 | -100.0 | 30.31 | -49.2 | 701.85 | 39640.70 | -39.17 | 1910.03 | 922.19 | -47.76 | 1726.84 | 38748.80 | -38.94 | 1912.46 |
| 23Q1 (17) | 1.53 | 80.0 | 178.18 | 0.00 | 0 | 0 | 59.67 | -44.59 | -63.64 | 65165.20 | 178.56 | -12.82 | 1765.43 | 155.74 | -11.16 | 63459.40 | 178.2 | -12.98 |
| 22Q4 (16) | 0.85 | -67.92 | 23.19 | 0.00 | -100.0 | 0 | 107.69 | 214.06 | -18.86 | 23393.50 | 156.44 | -67.06 | 690.32 | 168.76 | -63.99 | 22810.80 | 156.3 | -67.06 |
| 22Q3 (15) | 2.65 | -88.99 | 278.57 | 0.01 | -80.0 | 0 | 34.29 | 807.14 | -73.61 | 9122.54 | 362.57 | -71.35 | 256.85 | 408.82 | -64.26 | 8899.98 | 362.23 | -71.52 |
| 22Q2 (14) | 24.06 | 4274.55 | 1367.07 | 0.05 | 0 | 150.0 | 3.78 | -97.7 | -93.19 | 1972.14 | -97.36 | -63.32 | 50.48 | -97.46 | -59.89 | 1925.44 | -97.36 | -63.72 |
| 22Q1 (13) | 0.55 | -20.29 | -79.32 | 0.00 | 0 | -100.0 | 164.11 | 23.65 | 380.13 | 74751.30 | 5.24 | 5141.55 | 1987.16 | 3.67 | 1921.53 | 72928.20 | 5.32 | 5254.45 |
| 21Q4 (12) | 0.69 | -1.43 | -82.84 | 0.00 | 0 | -100.0 | 132.72 | 2.12 | 485.7 | 71028.00 | 123.1 | 6175.11 | 1916.79 | 166.73 | 2203.0 | 69243.90 | 121.59 | 6363.3 |
| 21Q3 (11) | 0.70 | -57.32 | -94.49 | 0.00 | -100.0 | -100.0 | 129.96 | 134.08 | 1712.55 | 31837.40 | 492.1 | 1017.89 | 718.62 | 471.06 | 1082.52 | 31248.80 | 488.86 | 1018.28 |
| 21Q2 (10) | 1.64 | -38.35 | -85.29 | 0.02 | -66.67 | -33.33 | 55.52 | 62.43 | 580.39 | 5377.02 | 277.04 | 98.33 | 125.84 | 28.02 | 95.98 | 5306.70 | 289.62 | 99.86 |
| 21Q1 (9) | 2.66 | -33.83 | -81.33 | 0.06 | -25.0 | 0.0 | 34.18 | 50.84 | 435.74 | 1426.13 | 25.99 | -13.59 | 98.30 | 18.11 | 91.8 | 1362.01 | 27.13 | -15.17 |
| 20Q4 (8) | 4.02 | -68.35 | -79.55 | 0.08 | 166.67 | 100.0 | 22.66 | 216.04 | 389.42 | 1131.90 | -60.26 | -51.92 | 83.23 | 36.96 | 10.96 | 1071.34 | -61.66 | -53.09 |
| 20Q3 (7) | 12.70 | 13.9 | -36.44 | 0.03 | 0.0 | 0.0 | 7.17 | -12.13 | 57.58 | 2847.98 | 5.04 | -12.73 | 60.77 | -5.36 | -47.92 | 2794.37 | 5.24 | -11.33 |
| 20Q2 (6) | 11.15 | -21.75 | 79.55 | 0.03 | -50.0 | 200.0 | 8.16 | 27.9 | -44.3 | 2711.20 | 64.28 | -61.71 | 64.21 | 25.29 | -76.97 | 2655.15 | 65.37 | -61.05 |
| 20Q1 (5) | 14.25 | -27.52 | 126.55 | 0.06 | 50.0 | 500.0 | 6.38 | 37.8 | -55.88 | 1650.40 | -29.9 | -74.05 | 51.25 | -31.68 | -80.66 | 1605.54 | -29.7 | -73.72 |
| 19Q4 (4) | 19.66 | -1.6 | 0.0 | 0.04 | 33.33 | 0.0 | 4.63 | 1.76 | 0.0 | 2354.36 | -27.86 | 0.0 | 75.01 | -35.71 | 0.0 | 2283.98 | -27.52 | 0.0 |
| 19Q3 (3) | 19.98 | 221.74 | 0.0 | 0.03 | 200.0 | 0.0 | 4.55 | -68.94 | 0.0 | 3263.50 | -53.92 | 0.0 | 116.68 | -58.14 | 0.0 | 3151.37 | -53.78 | 0.0 |
| 19Q2 (2) | 6.21 | -1.27 | 0.0 | 0.01 | 0.0 | 0.0 | 14.65 | 1.31 | 0.0 | 7081.60 | 11.36 | 0.0 | 278.76 | 5.19 | 0.0 | 6817.50 | 11.61 | 0.0 |
| 19Q1 (1) | 6.29 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 14.46 | 0.0 | 0.0 | 6359.06 | 0.0 | 0.0 | 265.01 | 0.0 | 0.0 | 6108.52 | 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) | 42.55 | 28.05 | 0.09 | 50.0 | 8.58 | -21.86 | 3986.22 | -33.98 | 126.43 | -33.22 | 3868.37 | -33.98 |
| 2022 (9) | 33.23 | 658.68 | 0.06 | -25.0 | 10.98 | -86.83 | 6037.62 | 24.26 | 189.31 | -42.35 | 5859.29 | 26.99 |
| 2021 (8) | 4.38 | -46.97 | 0.08 | -57.89 | 83.39 | 88.79 | 4859.05 | 154.34 | 328.36 | 113.82 | 4614.08 | 156.19 |
| 2020 (7) | 8.26 | -78.03 | 0.19 | 90.0 | 44.17 | 354.89 | 1910.46 | -49.6 | 153.57 | 6.51 | 1801.06 | -50.73 |
| 2019 (6) | 37.59 | 752.38 | 0.10 | -61.54 | 9.71 | -88.28 | 3790.26 | 165.73 | 144.19 | 112.36 | 3655.78 | 153.64 |
| 2018 (5) | 4.41 | 25.28 | 0.26 | 44.44 | 82.86 | -20.0 | 1426.36 | -31.47 | 67.90 | -28.67 | 1441.32 | -31.02 |
| 2017 (4) | 3.52 | -93.52 | 0.18 | 63.64 | 103.58 | 1441.37 | 2081.23 | -34.87 | 95.19 | -33.84 | 2089.62 | -31.68 |
| 2016 (3) | 54.32 | 118.42 | 0.11 | -26.67 | 6.72 | -54.22 | 3195.67 | 26.98 | 143.88 | 17.74 | 3058.52 | 26.96 |
| 2015 (2) | 24.87 | 59.83 | 0.15 | 87.5 | 14.68 | -37.43 | 2516.61 | -44.78 | 122.20 | -30.72 | 2409.08 | -45.3 |
| 2014 (1) | 15.56 | -74.72 | 0.08 | -69.23 | 23.46 | 295.62 | 4557.30 | 225.71 | 176.38 | 334.65 | 4404.38 | 222.78 |
