- 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) | 0.72 | -7.69 | 7.46 | 1.37 | -3.52 | 29.25 | 126.09 | 8.09 | -7.11 | 66.51 | 3.52 | -22.34 | 74.73 | 14.3 | 7.23 | 117.87 | 2.03 | -22.3 |
| 23Q3 (19) | 0.78 | 1.3 | 11.43 | 1.42 | 15.45 | 39.22 | 116.65 | -1.48 | -10.14 | 64.25 | -13.01 | -28.02 | 65.38 | -2.69 | -10.14 | 115.52 | -7.63 | -21.04 |
| 23Q2 (18) | 0.77 | 10.0 | 6.94 | 1.23 | 11.82 | 29.47 | 118.40 | -8.3 | -6.9 | 73.86 | -10.96 | -22.55 | 67.19 | -4.16 | -18.03 | 125.06 | -11.89 | -11.03 |
| 23Q1 (17) | 0.70 | 4.48 | 2.94 | 1.10 | 3.77 | 10.0 | 129.11 | -4.88 | -3.48 | 82.95 | -3.14 | -9.27 | 70.11 | 0.6 | -20.07 | 141.94 | -6.43 | 3.24 |
| 22Q4 (16) | 0.67 | -4.29 | -8.22 | 1.06 | 3.92 | -9.4 | 135.74 | 4.57 | 8.16 | 85.64 | -4.06 | 10.39 | 69.69 | -4.22 | -16.29 | 151.70 | 3.69 | 26.59 |
| 22Q3 (15) | 0.70 | -2.78 | -11.39 | 1.02 | 7.37 | -25.55 | 129.81 | 2.07 | 12.57 | 89.26 | -6.4 | 34.45 | 72.76 | -11.24 | -5.46 | 146.30 | 4.08 | 39.67 |
| 22Q2 (14) | 0.72 | 5.88 | -11.11 | 0.95 | -5.0 | -36.24 | 127.18 | -4.93 | 13.82 | 95.36 | 4.3 | 55.89 | 81.97 | -6.54 | 5.22 | 140.57 | 2.24 | 47.94 |
| 22Q1 (13) | 0.68 | -6.85 | -10.53 | 1.00 | -14.53 | -35.9 | 133.77 | 6.59 | 11.12 | 91.43 | 17.85 | 56.64 | 87.71 | 5.36 | 6.74 | 137.49 | 14.73 | 42.36 |
| 21Q4 (12) | 0.73 | -7.59 | -2.67 | 1.17 | -14.6 | -31.58 | 125.50 | 8.83 | 3.71 | 77.58 | 16.85 | 45.55 | 83.25 | 8.17 | 4.1 | 119.84 | 14.41 | 27.03 |
| 21Q3 (11) | 0.79 | -2.47 | -11.24 | 1.37 | -8.05 | -27.13 | 115.32 | 3.2 | 12.86 | 66.39 | 8.53 | 37.06 | 76.96 | -1.21 | 10.53 | 104.75 | 10.24 | 29.34 |
| 21Q2 (10) | 0.81 | 6.58 | -7.95 | 1.49 | -4.49 | -11.31 | 111.74 | -7.18 | 8.64 | 61.17 | 4.8 | 12.96 | 77.90 | -5.2 | 12.49 | 95.02 | -1.62 | 8.27 |
| 21Q1 (9) | 0.76 | 1.33 | 18.75 | 1.56 | -8.77 | 16.42 | 120.38 | -0.52 | -14.96 | 58.37 | 9.51 | -13.88 | 82.17 | 2.75 | -11.69 | 96.58 | 2.37 | -16.95 |
| 20Q4 (8) | 0.75 | -15.73 | 1.35 | 1.71 | -9.04 | -7.07 | 121.01 | 18.43 | -1.45 | 53.30 | 10.03 | 7.76 | 79.97 | 14.85 | -5.11 | 94.34 | 16.48 | 7.23 |
| 20Q3 (7) | 0.89 | 1.14 | 9.88 | 1.88 | 11.9 | -1.57 | 102.18 | -0.65 | -9.5 | 48.44 | -10.54 | 1.81 | 69.63 | 0.55 | -11.3 | 80.99 | -7.71 | -1.23 |
| 20Q2 (6) | 0.88 | 37.5 | 22.22 | 1.68 | 25.37 | -1.18 | 102.85 | -27.35 | -18.14 | 54.15 | -20.11 | 1.37 | 69.25 | -25.58 | -3.56 | 87.76 | -24.53 | -18.17 |
| 20Q1 (5) | 0.64 | -13.51 | 8.47 | 1.34 | -27.17 | -4.29 | 141.56 | 15.29 | -7.58 | 67.78 | 37.04 | 4.28 | 93.05 | 10.41 | 14.54 | 116.29 | 32.18 | -15.07 |
| 19Q4 (4) | 0.74 | -8.64 | 0.0 | 1.84 | -3.66 | 0.0 | 122.79 | 8.75 | 0.0 | 49.46 | 3.95 | 0.0 | 84.28 | 7.36 | 0.0 | 87.98 | 7.29 | 0.0 |
| 19Q3 (3) | 0.81 | 12.5 | 0.0 | 1.91 | 12.35 | 0.0 | 112.91 | -10.13 | 0.0 | 47.58 | -10.93 | 0.0 | 78.50 | 9.32 | 0.0 | 82.00 | -23.54 | 0.0 |
| 19Q2 (2) | 0.72 | 22.03 | 0.0 | 1.70 | 21.43 | 0.0 | 125.64 | -17.97 | 0.0 | 53.42 | -17.82 | 0.0 | 71.81 | -11.61 | 0.0 | 107.25 | -21.67 | 0.0 |
| 19Q1 (1) | 0.59 | 0.0 | 0.0 | 1.40 | 0.0 | 0.0 | 153.17 | 0.0 | 0.0 | 65.00 | 0.0 | 0.0 | 81.24 | 0.0 | 0.0 | 136.92 | 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) | 2.88 | 0.7 | 4.91 | 11.09 | 126.53 | -0.79 | 74.41 | -9.86 | 73.27 | -4.65 | 127.67 | -4.18 |
| 2022 (9) | 2.86 | -6.54 | 4.42 | -20.5 | 127.54 | 6.92 | 82.55 | 25.74 | 76.84 | -2.8 | 133.24 | 25.82 |
| 2021 (8) | 3.06 | 0.33 | 5.56 | -20.0 | 119.29 | -0.33 | 65.65 | 25.05 | 79.05 | -2.91 | 105.90 | 16.68 |
| 2020 (7) | 3.05 | 8.16 | 6.95 | 5.95 | 119.68 | -7.66 | 52.50 | -5.66 | 81.42 | -2.25 | 90.76 | -10.98 |
| 2019 (6) | 2.82 | 2.17 | 6.56 | 6.15 | 129.61 | -2.03 | 55.65 | -5.82 | 83.29 | 0.99 | 101.96 | -6.38 |
| 2018 (5) | 2.76 | -10.97 | 6.18 | 4.22 | 132.30 | 12.26 | 59.09 | -4.0 | 82.47 | 8.13 | 108.91 | 5.6 |
| 2017 (4) | 3.10 | 7.64 | 5.93 | 25.11 | 117.85 | -7.16 | 61.55 | -20.09 | 76.27 | -2.1 | 103.13 | -18.19 |
| 2016 (3) | 2.88 | 1.77 | 4.74 | 2.38 | 126.94 | -1.6 | 77.02 | -2.3 | 77.91 | -0.05 | 126.06 | -2.95 |
| 2015 (2) | 2.83 | -6.29 | 4.63 | -7.4 | 129.01 | 6.66 | 78.83 | 7.99 | 77.95 | 11.09 | 129.89 | 4.94 |
| 2014 (1) | 3.02 | -6.21 | 5.00 | 3.31 | 120.95 | 6.7 | 73.00 | -3.27 | 70.17 | 6.64 | 123.77 | 0.6 |
