- 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) | 4.41 | -94.87 | -79.14 | 0.01 | -95.45 | -85.71 | 20.61 | 1844.34 | 379.3 | 7511.93 | 1702.55 | 485.53 | 424.12 | 1724.17 | 662.67 | 7108.42 | 1701.65 | 477.16 |
| 23Q3 (19) | 85.94 | 832.1 | 1440.14 | 0.22 | 633.33 | 1000.0 | 1.06 | -89.26 | -93.5 | 416.74 | -86.98 | -91.66 | 23.25 | -85.32 | -88.47 | 394.55 | -87.07 | -91.8 |
| 23Q2 (18) | 9.22 | 99.14 | -53.48 | 0.03 | 50.0 | -70.0 | 9.87 | -49.8 | 115.03 | 3199.64 | -30.82 | 253.56 | 158.39 | -26.72 | 314.52 | 3051.13 | -31.1 | 250.15 |
| 23Q1 (17) | 4.63 | -78.1 | -81.95 | 0.02 | -71.43 | -83.33 | 19.66 | 357.21 | 453.8 | 4625.10 | 260.51 | 509.52 | 216.15 | 288.69 | 573.57 | 4428.60 | 259.58 | 506.43 |
| 22Q4 (16) | 21.14 | 278.85 | 289.32 | 0.07 | 250.0 | 250.0 | 4.30 | -73.65 | -74.33 | 1282.93 | -74.32 | -73.2 | 55.61 | -72.42 | -69.77 | 1231.62 | -74.4 | -73.34 |
| 22Q3 (15) | 5.58 | -71.85 | 146.9 | 0.02 | -80.0 | 100.0 | 16.32 | 255.56 | -59.53 | 4996.37 | 452.09 | -60.98 | 201.62 | 427.66 | -50.94 | 4811.07 | 452.13 | -61.31 |
| 22Q2 (14) | 19.82 | -22.73 | 689.64 | 0.10 | -16.67 | 900.0 | 4.59 | 29.3 | -87.32 | 904.99 | 19.26 | -93.98 | 38.21 | 19.07 | -90.89 | 871.37 | 19.32 | -94.06 |
| 22Q1 (13) | 25.65 | 372.38 | 538.06 | 0.12 | 500.0 | 1100.0 | 3.55 | -78.81 | -84.31 | 758.81 | -84.15 | -93.96 | 32.09 | -82.56 | -90.37 | 730.27 | -84.19 | -94.04 |
| 21Q4 (12) | 5.43 | 140.27 | -10.84 | 0.02 | 100.0 | 100.0 | 16.75 | -58.47 | 12.12 | 4786.90 | -62.61 | -34.59 | 183.95 | -55.24 | -38.16 | 4619.70 | -62.84 | -34.34 |
| 21Q3 (11) | 2.26 | -9.96 | -42.35 | 0.01 | 0.0 | -50.0 | 40.33 | 11.44 | 73.54 | 12804.10 | -14.89 | 118.81 | 411.00 | -1.99 | 30.64 | 12433.50 | -15.19 | 123.61 |
| 21Q2 (10) | 2.51 | -37.56 | 122.12 | 0.01 | 0.0 | -66.67 | 36.19 | 59.92 | -54.9 | 15044.20 | 19.78 | 344.23 | 419.36 | 25.85 | 152.54 | 14661.00 | 19.69 | 344.16 |
| 21Q1 (9) | 4.02 | -33.99 | 279.25 | 0.01 | 0.0 | -75.0 | 22.63 | 51.47 | -73.7 | 12560.20 | 71.62 | 476.89 | 333.23 | 12.03 | 183.21 | 12249.60 | 74.09 | 470.91 |
| 20Q4 (8) | 6.09 | 55.36 | 149.59 | 0.01 | -50.0 | -88.89 | 14.94 | -35.71 | -59.99 | 7318.78 | 25.07 | 586.08 | 297.46 | -5.45 | 346.44 | 7036.27 | 26.54 | 578.21 |
| 20Q3 (7) | 3.92 | 246.9 | 170.34 | 0.02 | -33.33 | -60.0 | 23.24 | -71.04 | -62.92 | 5851.74 | 72.79 | 217.44 | 314.60 | 89.45 | 165.96 | 5560.38 | 68.46 | 211.02 |
| 20Q2 (6) | 1.13 | 6.6 | -43.22 | 0.03 | -25.0 | -50.0 | 80.25 | -6.73 | 75.64 | 3386.61 | 55.55 | 139.75 | 166.06 | 41.14 | 72.85 | 3300.81 | 53.84 | 142.32 |
| 20Q1 (5) | 1.06 | -56.56 | -57.6 | 0.04 | -55.56 | -55.56 | 86.04 | 130.42 | 136.7 | 2177.24 | 104.1 | 112.67 | 117.66 | 76.59 | 39.34 | 2145.62 | 106.81 | 119.91 |
| 19Q4 (4) | 2.44 | 68.28 | 0.0 | 0.09 | 80.0 | 0.0 | 37.34 | -40.43 | 0.0 | 1066.75 | -42.13 | 0.0 | 66.63 | -43.67 | 0.0 | 1037.47 | -41.97 | 0.0 |
| 19Q3 (3) | 1.45 | -27.14 | 0.0 | 0.05 | -16.67 | 0.0 | 62.68 | 37.19 | 0.0 | 1843.39 | 30.5 | 0.0 | 118.29 | 23.13 | 0.0 | 1787.77 | 31.25 | 0.0 |
| 19Q2 (2) | 1.99 | -20.4 | 0.0 | 0.06 | -33.33 | 0.0 | 45.69 | 25.69 | 0.0 | 1412.53 | 37.97 | 0.0 | 96.07 | 13.77 | 0.0 | 1362.15 | 39.61 | 0.0 |
| 19Q1 (1) | 2.50 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 36.35 | 0.0 | 0.0 | 1023.78 | 0.0 | 0.0 | 84.44 | 0.0 | 0.0 | 975.69 | 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) | 78.21 | 19.31 | 0.29 | -3.33 | 4.67 | -16.16 | 1279.00 | 5.02 | 65.38 | 19.9 | 1218.29 | 4.23 |
| 2022 (9) | 65.55 | 395.09 | 0.30 | 650.0 | 5.57 | -79.79 | 1217.81 | -86.45 | 54.53 | -82.78 | 1168.85 | -86.56 |
| 2021 (8) | 13.24 | -54.56 | 0.04 | -50.0 | 27.56 | 120.13 | 8984.82 | 97.6 | 316.75 | 88.05 | 8695.64 | 98.03 |
| 2020 (7) | 29.14 | -27.98 | 0.08 | -71.43 | 12.52 | 38.8 | 4546.91 | 244.34 | 168.44 | 77.16 | 4390.99 | 255.71 |
| 2019 (6) | 40.46 | 126.79 | 0.28 | -39.13 | 9.02 | -55.94 | 1320.48 | 67.84 | 95.08 | 54.38 | 1234.43 | 65.56 |
| 2018 (5) | 17.84 | 269.36 | 0.46 | 155.56 | 20.47 | -72.88 | 786.76 | -61.45 | 61.59 | -54.18 | 745.63 | -62.38 |
| 2017 (4) | 4.83 | 82.26 | 0.18 | 28.57 | 75.49 | -45.17 | 2041.05 | -23.29 | 134.43 | -42.56 | 1982.11 | -22.71 |
| 2016 (3) | 2.65 | -71.84 | 0.14 | -67.44 | 137.67 | 255.0 | 2660.77 | 211.65 | 234.03 | 189.1 | 2564.41 | 215.97 |
| 2015 (2) | 9.41 | -51.42 | 0.43 | 26.47 | 38.78 | 105.73 | 853.77 | -21.19 | 80.95 | 1.14 | 811.60 | -20.6 |
| 2014 (1) | 19.37 | -61.93 | 0.34 | 3.03 | 18.85 | 162.9 | 1083.38 | -2.85 | 80.04 | 56.08 | 1022.18 | -4.56 |
