- 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) | 1.00 | 3.09 | 42.86 | 0.89 | 9.88 | 36.92 | 91.29 | -3.13 | -29.85 | 101.76 | -9.68 | -26.84 | 47.04 | 2.28 | -9.75 | 146.01 | -9.27 | -32.75 |
| 23Q3 (19) | 0.97 | 25.97 | 2.11 | 0.81 | 17.39 | -2.41 | 94.24 | -20.09 | -2.06 | 112.67 | -14.86 | 2.62 | 45.99 | -7.98 | -4.13 | 160.92 | -19.66 | 1.82 |
| 23Q2 (18) | 0.77 | 20.31 | -21.43 | 0.69 | 2.99 | -9.21 | 117.93 | -16.89 | 26.48 | 132.34 | -3.25 | 11.18 | 49.98 | 2.95 | -8.04 | 200.29 | -12.97 | 26.83 |
| 23Q1 (17) | 0.64 | -8.57 | -11.11 | 0.67 | 3.08 | 9.84 | 141.90 | 9.04 | 12.9 | 136.78 | -1.67 | -8.64 | 48.55 | -6.85 | -37.31 | 230.13 | 5.99 | 16.25 |
| 22Q4 (16) | 0.70 | -26.32 | -22.22 | 0.65 | -21.69 | -25.29 | 130.13 | 35.24 | 29.32 | 139.10 | 26.7 | 32.53 | 52.12 | 8.65 | -17.23 | 217.12 | 37.38 | 52.24 |
| 22Q3 (15) | 0.95 | -3.06 | -2.06 | 0.83 | 9.21 | -8.79 | 96.22 | 3.2 | 3.03 | 109.79 | -7.76 | 9.83 | 47.97 | -11.74 | -20.89 | 158.04 | 0.08 | 19.09 |
| 22Q2 (14) | 0.98 | 36.11 | 4.26 | 0.76 | 24.59 | -16.48 | 93.24 | -25.82 | -3.39 | 119.03 | -20.5 | 18.46 | 54.35 | -29.83 | -13.74 | 157.92 | -20.23 | 17.87 |
| 22Q1 (13) | 0.72 | -20.0 | -2.7 | 0.61 | -29.89 | -38.38 | 125.69 | 24.9 | 2.58 | 149.72 | 42.64 | 62.09 | 77.45 | 23.0 | 30.41 | 197.96 | 38.8 | 27.29 |
| 21Q4 (12) | 0.90 | -7.22 | 3.45 | 0.87 | -4.4 | -25.64 | 100.63 | 7.75 | -3.28 | 104.96 | 5.0 | 34.56 | 62.97 | 3.84 | 36.06 | 142.62 | 7.47 | 5.06 |
| 21Q3 (11) | 0.97 | 3.19 | -3.96 | 0.91 | 0.0 | -14.15 | 93.39 | -3.23 | 3.92 | 99.96 | -0.52 | 16.44 | 60.64 | -3.76 | 15.64 | 132.71 | -0.95 | 7.66 |
| 21Q2 (10) | 0.94 | 27.03 | -35.17 | 0.91 | -8.08 | -17.27 | 96.51 | -21.24 | 53.97 | 100.48 | 8.78 | 21.07 | 63.01 | 6.1 | 30.24 | 133.98 | -13.85 | 37.71 |
| 21Q1 (9) | 0.74 | -14.94 | 15.62 | 0.99 | -15.38 | 54.69 | 122.53 | 17.77 | -13.38 | 92.37 | 18.42 | -34.55 | 59.39 | 28.33 | -19.63 | 155.52 | 14.56 | -25.47 |
| 20Q4 (8) | 0.87 | -13.86 | -8.42 | 1.17 | 10.38 | 7.34 | 104.04 | 15.77 | 8.86 | 78.00 | -9.14 | -6.18 | 46.28 | -11.75 | -6.32 | 135.75 | 10.12 | 4.97 |
| 20Q3 (7) | 1.01 | -30.34 | -12.17 | 1.06 | -3.64 | -6.19 | 89.87 | 43.38 | 13.95 | 85.85 | 3.45 | 6.58 | 52.44 | 8.39 | 11.62 | 123.27 | 26.7 | 9.63 |
| 20Q2 (6) | 1.45 | 126.56 | 22.88 | 1.10 | 71.88 | 15.79 | 62.68 | -55.69 | -18.54 | 82.99 | -41.2 | -13.04 | 48.38 | -34.53 | -0.76 | 97.29 | -53.38 | -21.32 |
| 20Q1 (5) | 0.64 | -32.63 | -29.67 | 0.64 | -41.28 | -20.0 | 141.46 | 48.02 | 41.94 | 141.13 | 69.75 | 23.31 | 73.90 | 49.6 | 18.6 | 208.68 | 61.37 | 37.47 |
| 19Q4 (4) | 0.95 | -17.39 | 0.0 | 1.09 | -3.54 | 0.0 | 95.57 | 21.17 | 0.0 | 83.14 | 3.22 | 0.0 | 49.40 | 5.15 | 0.0 | 129.32 | 15.01 | 0.0 |
| 19Q3 (3) | 1.15 | -2.54 | 0.0 | 1.13 | 18.95 | 0.0 | 78.87 | 2.5 | 0.0 | 80.55 | -15.6 | 0.0 | 46.98 | -3.63 | 0.0 | 112.44 | -9.07 | 0.0 |
| 19Q2 (2) | 1.18 | 29.67 | 0.0 | 0.95 | 18.75 | 0.0 | 76.95 | -22.79 | 0.0 | 95.44 | -16.61 | 0.0 | 48.75 | -21.76 | 0.0 | 123.65 | -18.54 | 0.0 |
| 19Q1 (1) | 0.91 | 0.0 | 0.0 | 0.80 | 0.0 | 0.0 | 99.66 | 0.0 | 0.0 | 114.45 | 0.0 | 0.0 | 62.31 | 0.0 | 0.0 | 151.80 | 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) | 2.97 | -10.81 | 2.84 | -10.97 | 122.77 | 11.96 | 128.56 | 12.38 | 52.13 | -3.89 | 199.20 | 17.3 |
| 2022 (9) | 3.33 | 6.39 | 3.19 | -10.89 | 109.66 | -6.02 | 114.40 | 12.09 | 54.24 | -14.14 | 169.82 | 9.16 |
| 2021 (8) | 3.13 | -10.06 | 3.58 | -18.08 | 116.68 | 11.17 | 102.06 | 22.1 | 63.17 | 24.35 | 155.57 | 12.94 |
| 2020 (7) | 3.48 | -16.35 | 4.37 | 1.86 | 104.96 | 19.61 | 83.59 | -1.69 | 50.80 | -0.47 | 137.75 | 13.14 |
| 2019 (6) | 4.16 | 5.58 | 4.29 | 15.32 | 87.75 | -5.35 | 85.03 | -13.36 | 51.04 | -11.02 | 121.75 | -8.79 |
| 2018 (5) | 3.94 | -8.37 | 3.72 | -9.05 | 92.71 | 9.26 | 98.14 | 10.03 | 57.36 | 2.5 | 133.48 | 13.05 |
| 2017 (4) | 4.30 | 6.44 | 4.09 | -13.71 | 84.85 | -5.99 | 89.19 | 15.79 | 55.96 | 2.27 | 118.07 | 4.89 |
| 2016 (3) | 4.04 | -0.25 | 4.74 | -5.58 | 90.26 | 0.13 | 77.03 | 5.9 | 54.72 | -1.46 | 112.57 | 4.86 |
| 2015 (2) | 4.05 | 5.19 | 5.02 | -7.72 | 90.14 | -4.9 | 72.74 | 8.5 | 55.53 | -3.76 | 107.35 | 3.1 |
| 2014 (1) | 3.85 | 4.62 | 5.44 | -13.38 | 94.78 | -4.47 | 67.04 | 15.31 | 57.70 | 32.4 | 104.12 | -8.48 |
