- 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) | 0.95 | -43.45 | -26.92 | 0.09 | -40.0 | -10.0 | 95.36 | 76.2 | 36.21 | 993.33 | 61.44 | 14.36 | 100.59 | 60.18 | 46.85 | 988.11 | 62.89 | 13.56 |
| 23Q3 (19) | 1.68 | 20.86 | 15.86 | 0.15 | 15.38 | 36.36 | 54.12 | -17.25 | -13.81 | 615.29 | -15.31 | -28.07 | 62.80 | -10.17 | 6.24 | 606.61 | -15.98 | -29.38 |
| 23Q2 (18) | 1.39 | 41.84 | -6.08 | 0.13 | 44.44 | 44.44 | 65.40 | -29.66 | 6.32 | 726.48 | -31.44 | -31.15 | 69.91 | -24.86 | 8.12 | 721.97 | -31.86 | -31.37 |
| 23Q1 (17) | 0.98 | -24.62 | -21.6 | 0.09 | -10.0 | 28.57 | 92.98 | 32.81 | 27.91 | 1059.67 | 22.0 | -17.81 | 93.04 | 35.82 | 17.25 | 1059.61 | 21.78 | -17.39 |
| 22Q4 (16) | 1.30 | -10.34 | -23.98 | 0.10 | -9.09 | 11.11 | 70.01 | 11.5 | 31.85 | 868.60 | 1.55 | -14.02 | 68.50 | 15.89 | 7.84 | 870.12 | 1.29 | -12.97 |
| 22Q3 (15) | 1.45 | -2.03 | 30.63 | 0.11 | 22.22 | 57.14 | 62.79 | 2.08 | -23.38 | 855.35 | -18.93 | -37.99 | 59.11 | -8.58 | -38.05 | 859.03 | -18.34 | -37.11 |
| 22Q2 (14) | 1.48 | 18.4 | 82.72 | 0.09 | 28.57 | 50.0 | 61.51 | -15.38 | -45.2 | 1055.10 | -18.17 | -26.02 | 64.66 | -18.51 | -47.69 | 1051.95 | -17.99 | -25.65 |
| 22Q1 (13) | 1.25 | -26.9 | 21.36 | 0.07 | -22.22 | 0.0 | 72.69 | 36.89 | -17.77 | 1289.36 | 27.63 | -0.36 | 79.35 | 24.92 | -33.09 | 1282.69 | 28.29 | 1.49 |
| 21Q4 (12) | 1.71 | 54.05 | 11.76 | 0.09 | 28.57 | -10.0 | 53.10 | -35.2 | -10.86 | 1010.23 | -26.77 | 15.97 | 63.52 | -33.42 | -12.96 | 999.81 | -26.81 | 16.56 |
| 21Q3 (11) | 1.11 | 37.04 | -16.54 | 0.07 | 16.67 | -12.5 | 81.95 | -26.99 | 19.51 | 1379.44 | -3.28 | 23.5 | 95.41 | -22.81 | 9.72 | 1365.98 | -3.45 | 24.34 |
| 21Q2 (10) | 0.81 | -21.36 | -42.96 | 0.06 | -14.29 | -25.0 | 112.24 | 26.97 | 75.13 | 1426.23 | 10.22 | 32.55 | 123.61 | 4.22 | 50.58 | 1414.86 | 11.95 | 33.73 |
| 21Q1 (9) | 1.03 | -32.68 | -23.7 | 0.07 | -30.0 | 16.67 | 88.40 | 48.4 | 30.69 | 1294.03 | 48.54 | -10.76 | 118.60 | 62.51 | 9.85 | 1263.83 | 47.34 | -10.35 |
| 20Q4 (8) | 1.53 | 15.04 | -12.57 | 0.10 | 25.0 | 42.86 | 59.57 | -13.13 | 14.29 | 871.15 | -22.01 | -33.31 | 72.98 | -16.08 | -28.39 | 857.74 | -21.92 | -31.73 |
| 20Q3 (7) | 1.33 | -6.34 | -25.7 | 0.08 | 0.0 | 14.29 | 68.57 | 6.99 | 34.9 | 1116.96 | 3.81 | -8.18 | 86.96 | 5.93 | -7.78 | 1098.58 | 3.84 | -6.34 |
| 20Q2 (6) | 1.42 | 5.19 | -68.51 | 0.08 | 33.33 | -42.86 | 64.09 | -5.25 | 217.59 | 1075.99 | -25.79 | 67.07 | 82.09 | -23.97 | 98.43 | 1058.00 | -24.95 | 69.86 |
| 20Q1 (5) | 1.35 | -22.86 | -15.62 | 0.06 | -14.29 | 0.0 | 67.64 | 29.78 | 18.56 | 1450.02 | 11.01 | -2.01 | 107.97 | 5.95 | 29.8 | 1409.70 | 12.2 | -3.02 |
| 19Q4 (4) | 1.75 | -2.23 | 0.0 | 0.07 | 0.0 | 0.0 | 52.12 | 2.54 | 0.0 | 1306.20 | 7.38 | 0.0 | 101.91 | 8.07 | 0.0 | 1256.42 | 7.12 | 0.0 |
| 19Q3 (3) | 1.79 | -60.31 | 0.0 | 0.07 | -50.0 | 0.0 | 50.83 | 151.88 | 0.0 | 1216.43 | 88.88 | 0.0 | 94.30 | 127.94 | 0.0 | 1172.95 | 88.32 | 0.0 |
| 19Q2 (2) | 4.51 | 181.87 | 0.0 | 0.14 | 133.33 | 0.0 | 20.18 | -64.63 | 0.0 | 644.03 | -56.48 | 0.0 | 41.37 | -50.26 | 0.0 | 622.85 | -57.15 | 0.0 |
| 19Q1 (1) | 1.60 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 57.05 | 0.0 | 0.0 | 1479.73 | 0.0 | 0.0 | 83.18 | 0.0 | 0.0 | 1453.60 | 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) | 4.94 | 3.56 | 0.45 | 21.62 | 73.89 | -3.47 | 814.30 | -18.37 | 77.71 | -0.22 | 810.48 | -18.64 |
| 2022 (9) | 4.77 | 5.07 | 0.37 | 27.59 | 76.55 | -4.86 | 997.51 | -20.17 | 77.88 | -22.08 | 996.18 | -19.01 |
| 2021 (8) | 4.54 | -21.99 | 0.29 | -14.71 | 80.46 | 28.35 | 1249.55 | 15.9 | 99.95 | 11.45 | 1230.06 | 17.03 |
| 2020 (7) | 5.82 | -34.53 | 0.34 | -2.86 | 62.69 | 52.75 | 1078.09 | 2.64 | 89.68 | 28.7 | 1051.10 | 2.88 |
| 2019 (6) | 8.89 | 13.54 | 0.35 | 25.0 | 41.04 | -11.91 | 1050.33 | -19.0 | 69.68 | 14.08 | 1021.69 | -20.32 |
| 2018 (5) | 7.83 | -25.92 | 0.28 | 16.67 | 46.59 | 34.93 | 1296.70 | -13.52 | 61.08 | 23.39 | 1282.21 | -13.63 |
| 2017 (4) | 10.57 | 82.56 | 0.24 | 140.0 | 34.53 | -45.24 | 1499.49 | -56.91 | 49.50 | -50.54 | 1484.52 | -56.88 |
| 2016 (3) | 5.79 | 37.2 | 0.10 | 42.86 | 63.06 | -27.12 | 3479.72 | -31.99 | 100.09 | -30.93 | 3442.69 | -31.94 |
| 2015 (2) | 4.22 | -55.95 | 0.07 | -75.86 | 86.53 | 126.99 | 5116.53 | 305.08 | 144.91 | 424.47 | 5058.15 | 297.16 |
| 2014 (1) | 9.58 | 304.22 | 0.29 | 190.0 | 38.12 | -75.22 | 1263.09 | -64.78 | 27.63 | -60.47 | 1273.58 | -65.3 |
