- 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) | 10.03 | 12.82 | 54.07 | 0.01 | 0.0 | -50.0 | 9.07 | -11.43 | -35.17 | 6283.51 | -2.91 | 20.11 | 399.68 | -3.88 | -25.22 | 5892.90 | -2.86 | 25.09 |
| 23Q3 (19) | 8.89 | 9.35 | 33.89 | 0.01 | 0.0 | -50.0 | 10.24 | -8.57 | -25.31 | 6471.96 | 0.87 | 36.36 | 415.80 | 16.42 | 4.58 | 6066.40 | -0.06 | 39.06 |
| 23Q2 (18) | 8.13 | -0.73 | 2.39 | 0.01 | -50.0 | -50.0 | 11.20 | 0.81 | -2.27 | 6415.86 | 16.51 | 54.82 | 357.17 | -14.04 | 74.29 | 6069.89 | 18.96 | 53.65 |
| 23Q1 (17) | 8.19 | 25.81 | 29.79 | 0.02 | 0.0 | 0.0 | 11.11 | -20.59 | -23.01 | 5506.83 | 5.27 | 34.1 | 415.52 | -22.26 | 103.17 | 5102.41 | 8.31 | 30.28 |
| 22Q4 (16) | 6.51 | -1.96 | -13.89 | 0.02 | 0.0 | 0.0 | 13.99 | 2.04 | 16.29 | 5231.39 | 10.22 | 36.66 | 534.47 | 34.43 | 168.67 | 4710.91 | 7.99 | 29.38 |
| 22Q3 (15) | 6.64 | -16.37 | -72.66 | 0.02 | 0.0 | -83.33 | 13.71 | 19.63 | 265.6 | 4746.25 | 14.53 | 527.32 | 397.58 | 94.01 | 1290.14 | 4362.38 | 10.42 | 496.17 |
| 22Q2 (14) | 7.94 | 25.83 | 181.56 | 0.02 | 0.0 | -33.33 | 11.46 | -20.58 | -64.48 | 4144.05 | 0.91 | 19.94 | 204.93 | 0.2 | 71.98 | 3950.57 | 0.87 | 17.29 |
| 22Q1 (13) | 6.31 | -16.53 | 37.17 | 0.02 | 0.0 | -50.0 | 14.43 | 19.95 | -27.01 | 4106.55 | 7.28 | 81.39 | 204.52 | 2.81 | 111.35 | 3916.47 | 7.56 | 79.09 |
| 21Q4 (12) | 7.56 | -68.88 | 9.57 | 0.02 | -83.33 | -66.67 | 12.03 | 220.8 | -8.73 | 3827.96 | 405.95 | 168.37 | 198.93 | 595.56 | 112.8 | 3641.06 | 397.59 | 170.5 |
| 21Q3 (11) | 24.29 | 761.35 | 249.5 | 0.12 | 300.0 | 33.33 | 3.75 | -88.38 | -71.35 | 756.59 | -78.1 | -27.05 | 28.60 | -76.0 | -65.75 | 731.74 | -78.27 | -24.3 |
| 21Q2 (10) | 2.82 | -38.7 | 15.57 | 0.03 | -25.0 | -66.67 | 32.26 | 63.18 | -13.4 | 3455.03 | 52.61 | 230.28 | 119.16 | 23.14 | 25.74 | 3368.13 | 54.01 | 240.7 |
| 21Q1 (9) | 4.60 | -33.33 | 9.52 | 0.04 | -33.33 | -66.67 | 19.77 | 50.0 | -8.85 | 2263.91 | 58.72 | 193.2 | 96.77 | 3.52 | 15.05 | 2186.91 | 62.47 | 208.15 |
| 20Q4 (8) | 6.90 | -0.72 | -16.46 | 0.06 | -33.33 | -53.85 | 13.18 | 0.69 | 19.71 | 1426.37 | 37.53 | 108.76 | 93.48 | 11.94 | 14.74 | 1346.07 | 39.25 | 119.65 |
| 20Q3 (7) | 6.95 | 184.84 | -8.67 | 0.09 | 0.0 | -35.71 | 13.09 | -64.86 | 9.45 | 1037.10 | -0.86 | 57.76 | 83.51 | -11.88 | 8.15 | 966.69 | -2.21 | 63.25 |
| 20Q2 (6) | 2.44 | -41.9 | -64.64 | 0.09 | -25.0 | -30.77 | 37.25 | 71.74 | 182.41 | 1046.09 | 35.48 | 51.42 | 94.77 | 12.67 | 11.88 | 988.58 | 39.3 | 59.62 |
| 20Q1 (5) | 4.20 | -49.15 | -30.46 | 0.12 | -7.69 | -20.0 | 21.69 | 97.0 | 43.93 | 772.13 | 13.01 | 26.75 | 84.11 | 3.24 | -2.41 | 709.70 | 15.81 | 31.9 |
| 19Q4 (4) | 8.26 | 8.54 | 0.0 | 0.13 | -7.14 | 0.0 | 11.01 | -7.94 | 0.0 | 683.27 | 3.94 | 0.0 | 81.47 | 5.5 | 0.0 | 612.82 | 3.49 | 0.0 |
| 19Q3 (3) | 7.61 | 10.29 | 0.0 | 0.14 | 7.69 | 0.0 | 11.96 | -9.33 | 0.0 | 657.40 | -4.84 | 0.0 | 77.22 | -8.84 | 0.0 | 592.14 | -4.39 | 0.0 |
| 19Q2 (2) | 6.90 | 14.24 | 0.0 | 0.13 | -13.33 | 0.0 | 13.19 | -12.48 | 0.0 | 690.85 | 13.41 | 0.0 | 84.71 | -1.72 | 0.0 | 619.34 | 15.11 | 0.0 |
| 19Q1 (1) | 6.04 | 0.0 | 0.0 | 0.15 | 0.0 | 0.0 | 15.07 | 0.0 | 0.0 | 609.16 | 0.0 | 0.0 | 86.19 | 0.0 | 0.0 | 538.04 | 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) | 32.34 | 23.29 | 0.06 | -25.0 | 11.29 | -18.84 | 6476.42 | 37.21 | 497.51 | 24.71 | 5990.19 | 38.18 |
| 2022 (9) | 26.23 | -31.87 | 0.08 | -66.67 | 13.91 | 46.73 | 4720.19 | 207.17 | 398.93 | 319.13 | 4335.17 | 198.78 |
| 2021 (8) | 38.50 | 140.17 | 0.24 | -11.11 | 9.48 | -58.37 | 1536.67 | 15.18 | 95.18 | -10.07 | 1450.97 | 15.98 |
| 2020 (7) | 16.03 | -41.6 | 0.27 | -50.91 | 22.77 | 71.2 | 1334.16 | 100.76 | 105.84 | 14.26 | 1251.08 | 113.78 |
| 2019 (6) | 27.45 | -43.3 | 0.55 | -50.89 | 13.30 | 76.39 | 664.56 | 103.4 | 92.63 | 74.81 | 585.22 | 108.06 |
| 2018 (5) | 48.41 | 74.58 | 1.12 | 89.83 | 7.54 | -42.71 | 326.72 | -47.5 | 52.99 | -49.36 | 281.27 | -47.01 |
| 2017 (4) | 27.73 | -16.22 | 0.59 | 20.41 | 13.16 | 19.31 | 622.27 | -16.92 | 104.65 | -17.17 | 530.79 | -16.24 |
| 2016 (3) | 33.10 | 135.75 | 0.49 | 1533.33 | 11.03 | -57.56 | 749.01 | -93.28 | 126.34 | -92.36 | 633.70 | -93.34 |
| 2015 (2) | 14.04 | 35.65 | 0.03 | -70.0 | 25.99 | -26.29 | 11148.50 | 201.22 | 1653.75 | 107.96 | 9520.75 | 223.71 |
| 2014 (1) | 10.35 | -85.45 | 0.10 | -94.76 | 35.26 | 587.33 | 3701.12 | 1834.42 | 795.24 | 2323.77 | 2941.14 | 1697.1 |
