- 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) | 1.82 | 30.0 | -2.15 | 0.70 | 32.08 | -2.78 | 49.87 | -23.23 | 1.69 | 130.93 | -23.08 | 3.46 | 69.03 | -6.48 | 8.23 | 111.77 | -30.73 | -0.04 |
| 23Q3 (19) | 1.40 | -20.9 | -19.54 | 0.53 | -15.87 | -11.67 | 64.96 | 26.01 | 24.4 | 170.21 | 18.06 | 11.6 | 73.81 | 28.63 | 10.79 | 161.36 | 16.64 | 16.83 |
| 23Q2 (18) | 1.77 | 22.07 | -8.76 | 0.63 | 12.5 | 5.0 | 51.55 | -18.01 | 9.61 | 144.17 | -11.71 | -5.66 | 57.38 | -28.73 | -7.5 | 138.34 | -5.02 | 0.38 |
| 23Q1 (17) | 1.45 | -22.04 | -9.94 | 0.56 | -22.22 | 12.0 | 62.87 | 28.2 | 11.04 | 163.29 | 29.03 | -9.46 | 80.51 | 26.23 | -11.7 | 145.65 | 30.25 | -0.1 |
| 22Q4 (16) | 1.86 | 6.9 | 5.08 | 0.72 | 20.0 | 4.35 | 49.04 | -6.09 | -4.44 | 126.55 | -17.03 | -3.76 | 63.78 | -4.26 | -14.95 | 111.82 | -19.04 | 3.7 |
| 22Q3 (15) | 1.74 | -10.31 | -3.33 | 0.60 | 0.0 | -7.69 | 52.22 | 11.04 | 3.08 | 152.52 | -0.2 | 8.44 | 66.62 | 7.4 | -7.61 | 138.11 | 0.22 | 15.87 |
| 22Q2 (14) | 1.94 | 20.5 | 12.79 | 0.60 | 20.0 | 3.45 | 47.03 | -16.94 | -11.36 | 152.82 | -15.27 | -3.43 | 62.03 | -31.97 | -25.07 | 137.81 | -5.48 | 7.22 |
| 22Q1 (13) | 1.61 | -9.04 | -9.55 | 0.50 | -27.54 | -28.57 | 56.62 | 10.33 | 10.95 | 180.36 | 37.16 | 38.04 | 91.18 | 21.59 | 26.41 | 145.80 | 35.21 | 33.07 |
| 21Q4 (12) | 1.77 | -1.67 | -8.76 | 0.69 | 6.15 | -14.81 | 51.32 | 1.3 | 9.33 | 131.50 | -6.51 | 17.57 | 74.99 | 3.99 | 12.77 | 107.83 | -9.53 | 16.85 |
| 21Q3 (11) | 1.80 | 4.65 | -9.09 | 0.65 | 12.07 | -24.42 | 50.66 | -4.52 | 10.49 | 140.65 | -11.12 | 32.76 | 72.11 | -12.89 | 47.89 | 119.19 | -7.27 | 15.68 |
| 21Q2 (10) | 1.72 | -3.37 | -7.53 | 0.58 | -17.14 | -3.33 | 53.06 | 3.98 | 8.4 | 158.25 | 21.12 | 4.06 | 82.78 | 14.77 | 22.66 | 128.53 | 17.3 | -3.75 |
| 21Q1 (9) | 1.78 | -8.25 | 17.11 | 0.70 | -13.58 | 32.08 | 51.03 | 8.71 | -14.91 | 130.66 | 16.82 | -24.61 | 72.13 | 8.47 | -25.63 | 109.57 | 18.74 | -19.61 |
| 20Q4 (8) | 1.94 | -2.02 | 12.79 | 0.81 | -5.81 | -1.22 | 46.94 | 2.38 | -11.43 | 111.85 | 5.58 | 0.59 | 66.50 | 36.38 | -1.22 | 92.28 | -10.43 | -4.74 |
| 20Q3 (7) | 1.98 | 6.45 | 27.74 | 0.86 | 43.33 | 10.26 | 45.85 | -6.33 | -21.94 | 105.94 | -30.34 | -9.04 | 48.76 | -27.75 | -35.96 | 103.03 | -22.85 | 4.01 |
| 20Q2 (6) | 1.86 | 22.37 | 31.91 | 0.60 | 13.21 | -16.67 | 48.95 | -18.38 | -23.92 | 152.08 | -12.25 | 20.48 | 67.49 | -30.42 | -18.25 | 133.54 | -2.02 | 23.65 |
| 20Q1 (5) | 1.52 | -11.63 | 2.01 | 0.53 | -35.37 | -32.05 | 59.97 | 13.15 | -1.49 | 173.31 | 55.87 | 47.72 | 96.99 | 44.07 | 25.36 | 136.29 | 40.69 | 35.15 |
| 19Q4 (4) | 1.72 | 10.97 | 0.0 | 0.82 | 5.13 | 0.0 | 53.00 | -9.77 | 0.0 | 111.19 | -4.53 | 0.0 | 67.32 | -11.58 | 0.0 | 96.87 | -2.21 | 0.0 |
| 19Q3 (3) | 1.55 | 9.93 | 0.0 | 0.78 | 8.33 | 0.0 | 58.74 | -8.7 | 0.0 | 116.47 | -7.73 | 0.0 | 76.14 | -7.78 | 0.0 | 99.06 | -8.28 | 0.0 |
| 19Q2 (2) | 1.41 | -5.37 | 0.0 | 0.72 | -7.69 | 0.0 | 64.34 | 5.68 | 0.0 | 126.23 | 7.59 | 0.0 | 82.56 | 6.71 | 0.0 | 108.00 | 7.1 | 0.0 |
| 19Q1 (1) | 1.49 | 0.0 | 0.0 | 0.78 | 0.0 | 0.0 | 60.88 | 0.0 | 0.0 | 117.32 | 0.0 | 0.0 | 77.37 | 0.0 | 0.0 | 100.84 | 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) | 5.41 | -12.03 | 2.34 | -10.0 | 67.49 | 13.66 | 155.97 | 11.01 | 91.39 | 5.42 | 132.07 | 16.68 |
| 2022 (9) | 6.15 | -8.48 | 2.60 | -1.52 | 59.38 | 9.36 | 140.50 | 1.68 | 86.69 | -1.31 | 113.19 | 8.17 |
| 2021 (8) | 6.72 | 0.3 | 2.64 | -9.28 | 54.30 | -0.39 | 138.18 | 10.18 | 87.84 | 15.7 | 104.64 | 0.62 |
| 2020 (7) | 6.70 | 14.92 | 2.91 | 2.83 | 54.51 | -12.88 | 125.41 | -2.86 | 75.92 | -9.9 | 104.00 | -3.18 |
| 2019 (6) | 5.83 | -1.69 | 2.83 | -2.41 | 62.57 | 1.62 | 129.10 | 2.4 | 84.26 | -2.78 | 107.42 | 6.38 |
| 2018 (5) | 5.93 | 2.07 | 2.90 | -1.69 | 61.57 | -1.99 | 126.07 | 1.96 | 86.67 | -0.22 | 100.98 | 1.37 |
| 2017 (4) | 5.81 | 3.75 | 2.95 | -6.05 | 62.82 | -3.64 | 123.65 | 6.36 | 86.86 | 12.22 | 99.62 | -4.25 |
| 2016 (3) | 5.60 | 5.26 | 3.14 | -0.95 | 65.19 | -4.97 | 116.26 | 1.03 | 77.40 | 12.68 | 104.04 | -9.51 |
| 2015 (2) | 5.32 | 5.14 | 3.17 | -4.52 | 68.60 | -4.97 | 115.07 | 4.77 | 68.69 | 21.4 | 114.98 | -8.33 |
| 2014 (1) | 5.06 | -12.15 | 3.32 | -1.78 | 72.19 | 13.92 | 109.83 | 1.58 | 56.58 | 3.14 | 125.43 | 7.54 |
