- 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) | 21.49 | 210.55 | 101.41 | 0.11 | 266.67 | 175.0 | 4.23 | -67.83 | -50.41 | 821.35 | -73.91 | -67.88 | 32.19 | -74.85 | -70.87 | 793.40 | -73.84 | -67.68 |
| 23Q3 (19) | 6.92 | 123.23 | 38.12 | 0.03 | 200.0 | 200.0 | 13.15 | -55.2 | -27.63 | 3147.72 | -69.97 | -51.88 | 128.01 | -71.05 | -54.35 | 3032.86 | -69.88 | -51.7 |
| 23Q2 (18) | 3.10 | -8.82 | -61.82 | 0.01 | 0.0 | -50.0 | 29.35 | 9.68 | 161.82 | 10481.80 | 10.45 | 164.85 | 442.15 | 5.93 | 159.2 | 10069.00 | 10.66 | 165.09 |
| 23Q1 (17) | 3.40 | -68.13 | -80.31 | 0.01 | -75.0 | -80.0 | 26.76 | 213.72 | 407.78 | 9489.76 | 271.15 | 462.33 | 417.40 | 277.77 | 516.27 | 9099.12 | 270.66 | 459.9 |
| 22Q4 (16) | 10.67 | 112.97 | -43.06 | 0.04 | 300.0 | -33.33 | 8.53 | -53.05 | 75.51 | 2556.83 | -60.91 | 61.16 | 110.49 | -60.6 | 79.4 | 2454.87 | -60.9 | 60.47 |
| 22Q3 (15) | 5.01 | -38.3 | 112.29 | 0.01 | -50.0 | 0.0 | 18.17 | 62.09 | -52.9 | 6541.24 | 65.28 | -38.41 | 280.42 | 64.39 | -34.1 | 6279.00 | 65.31 | -38.64 |
| 22Q2 (14) | 8.12 | -52.98 | 423.87 | 0.02 | -60.0 | 100.0 | 11.21 | 112.71 | -80.94 | 3957.65 | 134.51 | -71.28 | 170.58 | 151.85 | -69.72 | 3798.28 | 133.72 | -71.39 |
| 22Q1 (13) | 17.27 | -7.84 | 407.94 | 0.05 | -16.67 | 400.0 | 5.27 | 8.44 | -80.34 | 1687.59 | 6.37 | -73.24 | 67.73 | 9.97 | -77.13 | 1625.13 | 6.23 | -73.08 |
| 21Q4 (12) | 18.74 | 694.07 | -8.94 | 0.06 | 500.0 | -50.0 | 4.86 | -87.4 | 9.95 | 1586.49 | -85.06 | 106.98 | 61.59 | -85.53 | 50.37 | 1529.76 | -85.05 | 109.57 |
| 21Q3 (11) | 2.36 | 52.26 | -35.87 | 0.01 | 0.0 | -50.0 | 38.58 | -34.41 | 56.07 | 10620.70 | -22.94 | 183.73 | 425.51 | -24.46 | 100.81 | 10233.80 | -22.92 | 187.78 |
| 21Q2 (10) | 1.55 | -54.41 | -63.44 | 0.01 | 0.0 | -50.0 | 58.82 | 119.48 | 173.84 | 13781.70 | 118.56 | 268.53 | 563.28 | 90.21 | 138.39 | 13277.20 | 119.96 | 276.67 |
| 21Q1 (9) | 3.40 | -83.48 | -55.09 | 0.01 | -91.67 | -83.33 | 26.80 | 506.33 | 122.96 | 6305.64 | 722.68 | 317.04 | 296.13 | 622.97 | 189.5 | 6036.31 | 726.96 | 324.57 |
| 20Q4 (8) | 20.58 | 459.24 | 250.0 | 0.12 | 500.0 | 50.0 | 4.42 | -82.12 | -71.45 | 766.48 | -79.52 | -30.78 | 40.96 | -80.67 | -47.06 | 729.94 | -79.47 | -30.18 |
| 20Q3 (7) | 3.68 | -13.21 | 50.82 | 0.02 | 0.0 | -60.0 | 24.72 | 15.08 | -33.71 | 3743.29 | 0.1 | 86.94 | 211.90 | -10.32 | 16.01 | 3556.10 | 0.89 | 91.49 |
| 20Q2 (6) | 4.24 | -43.99 | 114.14 | 0.02 | -66.67 | -60.0 | 21.48 | 78.7 | -53.37 | 3739.66 | 147.33 | 87.24 | 236.29 | 131.0 | 25.83 | 3524.85 | 147.93 | 89.96 |
| 20Q1 (5) | 7.57 | 28.74 | 102.95 | 0.06 | -25.0 | -25.0 | 12.02 | -22.35 | -50.8 | 1512.00 | 36.54 | 26.15 | 102.29 | 32.21 | 17.08 | 1421.73 | 35.99 | 25.19 |
| 19Q4 (4) | 5.88 | 140.98 | 0.0 | 0.08 | 60.0 | 0.0 | 15.48 | -58.49 | 0.0 | 1107.39 | -44.7 | 0.0 | 77.37 | -57.64 | 0.0 | 1045.50 | -43.7 | 0.0 |
| 19Q3 (3) | 2.44 | 23.23 | 0.0 | 0.05 | 0.0 | 0.0 | 37.29 | -19.04 | 0.0 | 2002.45 | 0.26 | 0.0 | 182.66 | -2.73 | 0.0 | 1857.09 | 0.08 | 0.0 |
| 19Q2 (2) | 1.98 | -46.92 | 0.0 | 0.05 | -37.5 | 0.0 | 46.06 | 88.54 | 0.0 | 1997.28 | 66.63 | 0.0 | 187.78 | 114.93 | 0.0 | 1855.56 | 63.39 | 0.0 |
| 19Q1 (1) | 3.73 | 0.0 | 0.0 | 0.08 | 0.0 | 0.0 | 24.43 | 0.0 | 0.0 | 1198.62 | 0.0 | 0.0 | 87.37 | 0.0 | 0.0 | 1135.68 | 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) | 36.65 | -12.51 | 0.16 | 33.33 | 9.96 | 14.35 | 2230.32 | -24.96 | 91.48 | -25.46 | 2148.79 | -24.82 |
| 2022 (9) | 41.89 | 68.78 | 0.12 | 33.33 | 8.71 | -40.75 | 2972.21 | -25.67 | 122.73 | -30.81 | 2858.19 | -25.49 |
| 2021 (8) | 24.82 | -3.27 | 0.09 | -60.87 | 14.70 | 3.3 | 3998.88 | 150.02 | 177.38 | 84.89 | 3836.20 | 152.76 |
| 2020 (7) | 25.66 | 82.24 | 0.23 | -4.17 | 14.23 | -45.12 | 1599.42 | 6.76 | 95.94 | -7.61 | 1517.71 | 6.86 |
| 2019 (6) | 14.08 | 100.57 | 0.24 | -25.0 | 25.93 | -50.13 | 1498.14 | 30.99 | 103.84 | 35.67 | 1420.22 | 26.9 |
| 2018 (5) | 7.02 | 49.36 | 0.32 | 88.24 | 52.00 | -33.03 | 1143.68 | -47.8 | 76.54 | -39.56 | 1119.13 | -47.76 |
| 2017 (4) | 4.70 | -67.47 | 0.17 | 6.25 | 77.65 | 207.52 | 2191.15 | -5.65 | 126.64 | 13.53 | 2142.15 | -4.2 |
| 2016 (3) | 14.45 | 21.74 | 0.16 | 100.0 | 25.25 | -17.91 | 2322.43 | -47.88 | 111.55 | -41.12 | 2236.13 | -47.96 |
| 2015 (2) | 11.87 | -73.74 | 0.08 | -27.27 | 30.76 | 280.69 | 4455.92 | 38.52 | 189.46 | 60.31 | 4297.22 | 38.32 |
| 2014 (1) | 45.20 | 128.63 | 0.11 | -26.67 | 8.08 | -56.23 | 3216.75 | 27.89 | 118.18 | 15.25 | 3106.65 | 27.78 |
