- 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) | 4.18 | -1.42 | -18.99 | 0.88 | 3.53 | -23.48 | 21.75 | 1.26 | 23.23 | 103.95 | -2.76 | 31.22 | 59.71 | -12.04 | 16.21 | 65.98 | 9.06 | 45.04 |
| 23Q3 (19) | 4.24 | -10.74 | 0.71 | 0.85 | -18.27 | -13.27 | 21.48 | 12.11 | -0.65 | 106.90 | 21.93 | 15.62 | 67.88 | 13.82 | 10.9 | 60.50 | 28.21 | 14.43 |
| 23Q2 (18) | 4.75 | 18.75 | 18.75 | 1.04 | 7.22 | -4.59 | 19.16 | -15.74 | -15.85 | 87.67 | -6.25 | 4.58 | 59.64 | -8.47 | -1.54 | 47.19 | -7.63 | 2.52 |
| 23Q1 (17) | 4.00 | -22.48 | 16.28 | 0.97 | -15.65 | -5.83 | 22.74 | 28.84 | -14.06 | 93.51 | 18.04 | 6.26 | 65.16 | 26.82 | 3.22 | 51.09 | 12.31 | -0.47 |
| 22Q4 (16) | 5.16 | 22.57 | 28.36 | 1.15 | 17.35 | 0.88 | 17.65 | -18.36 | -22.04 | 79.22 | -14.32 | -0.79 | 51.38 | -16.06 | -7.26 | 45.49 | -13.96 | -3.4 |
| 22Q3 (15) | 4.21 | 5.25 | 9.35 | 0.98 | -10.09 | -2.0 | 21.62 | -5.05 | -8.58 | 92.46 | 10.29 | 1.34 | 61.21 | 1.06 | -0.5 | 52.87 | 14.86 | -0.92 |
| 22Q2 (14) | 4.00 | 16.28 | -5.66 | 1.09 | 5.83 | 3.81 | 22.77 | -13.95 | 6.1 | 83.83 | -4.74 | -3.12 | 60.57 | -4.06 | 9.73 | 46.03 | -10.33 | -12.79 |
| 22Q1 (13) | 3.44 | -14.43 | -4.97 | 1.03 | -9.65 | 9.57 | 26.46 | 16.87 | 5.38 | 88.00 | 10.21 | -9.34 | 63.13 | 13.95 | 5.43 | 51.33 | 9.0 | -17.62 |
| 21Q4 (12) | 4.02 | 4.42 | -9.05 | 1.14 | 14.0 | 10.68 | 22.64 | -4.27 | 9.96 | 79.85 | -12.48 | -9.38 | 55.40 | -9.95 | 13.34 | 47.09 | -11.75 | -21.29 |
| 21Q3 (11) | 3.85 | -9.2 | -8.77 | 1.00 | -4.76 | 31.58 | 23.65 | 10.21 | 9.74 | 91.24 | 5.44 | -23.98 | 61.52 | 11.45 | 17.63 | 53.36 | 1.1 | -40.23 |
| 21Q2 (10) | 4.24 | 17.13 | 9.56 | 1.05 | 11.7 | 64.06 | 21.46 | -14.54 | -8.68 | 86.53 | -10.86 | -38.69 | 55.20 | -7.82 | -17.2 | 52.78 | -15.29 | -46.12 |
| 21Q1 (9) | 3.62 | -18.1 | -11.71 | 0.94 | -8.74 | 23.68 | 25.11 | 21.95 | 13.01 | 97.07 | 10.16 | -18.71 | 59.88 | 22.5 | -16.65 | 62.31 | 4.15 | -10.72 |
| 20Q4 (8) | 4.42 | 4.74 | -10.16 | 1.03 | 35.53 | 4.04 | 20.59 | -4.45 | 11.24 | 88.12 | -26.58 | -3.85 | 48.88 | -6.54 | -28.41 | 59.83 | -32.98 | 42.86 |
| 20Q3 (7) | 4.22 | 9.04 | -5.59 | 0.76 | 18.75 | -12.64 | 21.55 | -8.3 | 5.84 | 120.02 | -14.96 | 15.03 | 52.30 | -21.55 | -26.91 | 89.27 | -8.87 | 67.99 |
| 20Q2 (6) | 3.87 | -5.61 | -3.49 | 0.64 | -15.79 | -23.81 | 23.50 | 5.76 | 3.57 | 141.13 | 18.19 | 29.73 | 66.67 | -7.2 | 7.51 | 97.96 | 40.36 | 41.01 |
| 20Q1 (5) | 4.10 | -16.67 | 18.84 | 0.76 | -23.23 | -6.17 | 22.22 | 20.04 | -15.83 | 119.41 | 30.29 | 5.66 | 71.84 | 5.21 | 1.3 | 69.79 | 66.64 | 1.9 |
| 19Q4 (4) | 4.92 | 10.07 | 0.0 | 0.99 | 13.79 | 0.0 | 18.51 | -9.09 | 0.0 | 91.65 | -12.16 | 0.0 | 68.28 | -4.58 | 0.0 | 41.88 | -21.19 | 0.0 |
| 19Q3 (3) | 4.47 | 11.47 | 0.0 | 0.87 | 3.57 | 0.0 | 20.36 | -10.27 | 0.0 | 104.34 | -4.09 | 0.0 | 71.56 | 15.4 | 0.0 | 53.14 | -23.51 | 0.0 |
| 19Q2 (2) | 4.01 | 16.23 | 0.0 | 0.84 | 3.7 | 0.0 | 22.69 | -14.05 | 0.0 | 108.79 | -3.73 | 0.0 | 62.01 | -12.56 | 0.0 | 69.47 | 1.43 | 0.0 |
| 19Q1 (1) | 3.45 | 0.0 | 0.0 | 0.81 | 0.0 | 0.0 | 26.40 | 0.0 | 0.0 | 113.01 | 0.0 | 0.0 | 70.92 | 0.0 | 0.0 | 68.49 | 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) | 16.57 | 3.95 | 3.82 | -12.18 | 22.03 | -3.8 | 95.44 | 13.84 | 59.97 | -0.86 | 57.50 | 24.32 |
| 2022 (9) | 15.94 | 9.93 | 4.35 | 1.4 | 22.90 | -9.02 | 83.84 | -1.41 | 60.49 | 2.7 | 46.25 | -9.84 |
| 2021 (8) | 14.50 | 0.35 | 4.29 | 22.57 | 25.17 | -0.36 | 85.04 | -18.37 | 58.90 | -13.15 | 51.30 | -16.75 |
| 2020 (7) | 14.45 | -3.79 | 3.50 | 2.34 | 25.26 | 3.99 | 104.18 | -2.42 | 67.82 | -2.18 | 61.62 | -0.16 |
| 2019 (6) | 15.02 | 0.33 | 3.42 | -4.74 | 24.29 | -0.41 | 106.76 | 5.06 | 69.33 | 4.95 | 61.72 | 2.95 |
| 2018 (5) | 14.97 | -16.97 | 3.59 | -4.52 | 24.39 | 20.5 | 101.62 | 4.71 | 66.06 | -5.52 | 59.95 | 26.53 |
| 2017 (4) | 18.03 | -7.59 | 3.76 | 3.58 | 20.24 | 8.18 | 97.05 | -3.44 | 69.92 | 1.14 | 47.38 | -5.39 |
| 2016 (3) | 19.51 | 16.2 | 3.63 | -7.16 | 18.71 | -13.94 | 100.51 | 7.72 | 69.13 | 8.81 | 50.08 | -2.8 |
| 2015 (2) | 16.79 | 0.3 | 3.91 | -15.37 | 21.74 | -0.32 | 93.31 | 18.1 | 63.53 | -3.61 | 51.52 | 47.62 |
| 2014 (1) | 16.74 | -5.58 | 4.62 | -11.49 | 21.81 | 5.98 | 79.01 | 13.05 | 65.91 | 5.74 | 34.90 | 23.98 |
