- 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) | 1.31 | -23.84 | -46.75 | 1.13 | -8.87 | -16.91 | 69.44 | 31.34 | 87.57 | 80.39 | 9.14 | 20.09 | 36.08 | 3.5 | 38.08 | 113.75 | 24.09 | 46.15 |
| 23Q3 (19) | 1.72 | -30.92 | -30.08 | 1.24 | -29.55 | 5.98 | 52.87 | 44.77 | 42.7 | 73.66 | 42.09 | -5.53 | 34.86 | 45.07 | 10.39 | 91.67 | 42.5 | 9.86 |
| 23Q2 (18) | 2.49 | 22.06 | -3.11 | 1.76 | 37.5 | 39.68 | 36.52 | -18.1 | 3.02 | 51.84 | -26.98 | -28.49 | 24.03 | -32.46 | -44.83 | 64.33 | -19.6 | -0.08 |
| 23Q1 (17) | 2.04 | -17.07 | -18.73 | 1.28 | -5.88 | -5.88 | 44.59 | 20.45 | 23.01 | 70.99 | 6.05 | 5.8 | 35.58 | 36.17 | -17.41 | 80.01 | 2.8 | 32.75 |
| 22Q4 (16) | 2.46 | 0.0 | -15.75 | 1.36 | 16.24 | -3.55 | 37.02 | -0.08 | 18.88 | 66.94 | -14.15 | 4.04 | 26.13 | -17.26 | -33.46 | 77.83 | -6.72 | 38.46 |
| 22Q3 (15) | 2.46 | -4.28 | 48.19 | 1.17 | -7.14 | -2.5 | 37.05 | 4.51 | -32.61 | 77.97 | 7.56 | 2.73 | 31.58 | -27.5 | -36.16 | 83.44 | 29.61 | 2.49 |
| 22Q2 (14) | 2.57 | 2.39 | 80.99 | 1.26 | -7.35 | -1.56 | 35.45 | -2.21 | -44.59 | 72.49 | 8.03 | 1.97 | 43.56 | 1.11 | -7.24 | 64.38 | 6.82 | -26.93 |
| 22Q1 (13) | 2.51 | -14.04 | 85.93 | 1.36 | -3.55 | 12.4 | 36.25 | 16.41 | -46.14 | 67.10 | 4.29 | -10.52 | 43.08 | 9.7 | -13.39 | 60.27 | 7.22 | -34.88 |
| 21Q4 (12) | 2.92 | 75.9 | 65.91 | 1.41 | 17.5 | -0.7 | 31.14 | -43.36 | -39.9 | 64.34 | -15.23 | 0.69 | 39.27 | -20.62 | -28.96 | 56.21 | -30.95 | -6.98 |
| 21Q3 (11) | 1.66 | 16.9 | -58.08 | 1.20 | -6.25 | -51.81 | 54.98 | -14.07 | 139.36 | 75.90 | 6.77 | 107.49 | 49.47 | 5.34 | 24.42 | 81.41 | -7.6 | 311.37 |
| 21Q2 (10) | 1.42 | 5.19 | -75.39 | 1.28 | 5.79 | -50.58 | 63.98 | -4.93 | 305.45 | 71.09 | -5.2 | 102.19 | 46.96 | -5.59 | 41.36 | 88.11 | -4.8 | 397.23 |
| 21Q1 (9) | 1.35 | -23.3 | -76.92 | 1.21 | -14.79 | -45.25 | 67.30 | 29.9 | 332.8 | 74.99 | 17.36 | 82.28 | 49.74 | -10.02 | 56.27 | 92.55 | 53.15 | 272.28 |
| 20Q4 (8) | 1.76 | -55.56 | -64.23 | 1.42 | -42.97 | -33.02 | 51.81 | 125.56 | 180.05 | 63.90 | 74.69 | 49.12 | 55.28 | 39.03 | 70.67 | 60.43 | 205.36 | 108.67 |
| 20Q3 (7) | 3.96 | -31.37 | -9.79 | 2.49 | -3.86 | 1.22 | 22.97 | 45.56 | 10.75 | 36.58 | 4.04 | -1.24 | 39.76 | 19.69 | 49.81 | 19.79 | 11.68 | -36.63 |
| 20Q2 (6) | 5.77 | -1.37 | 64.39 | 2.59 | 17.19 | 28.22 | 15.78 | 1.48 | -39.17 | 35.16 | -14.54 | -21.92 | 33.22 | 4.37 | -13.51 | 17.72 | -28.72 | -45.58 |
| 20Q1 (5) | 5.85 | 18.9 | 43.38 | 2.21 | 4.25 | 8.33 | 15.55 | -15.95 | -30.21 | 41.14 | -3.99 | -7.61 | 31.83 | -1.73 | -32.92 | 24.86 | -14.16 | 28.41 |
| 19Q4 (4) | 4.92 | 12.07 | 0.0 | 2.12 | -13.82 | 0.0 | 18.50 | -10.8 | 0.0 | 42.85 | 15.69 | 0.0 | 32.39 | 22.04 | 0.0 | 28.96 | -7.27 | 0.0 |
| 19Q3 (3) | 4.39 | 25.07 | 0.0 | 2.46 | 21.78 | 0.0 | 20.74 | -20.05 | 0.0 | 37.04 | -17.74 | 0.0 | 26.54 | -30.9 | 0.0 | 31.23 | -4.08 | 0.0 |
| 19Q2 (2) | 3.51 | -13.97 | 0.0 | 2.02 | -0.98 | 0.0 | 25.94 | 16.43 | 0.0 | 45.03 | 1.12 | 0.0 | 38.41 | -19.05 | 0.0 | 32.56 | 68.18 | 0.0 |
| 19Q1 (1) | 4.08 | 0.0 | 0.0 | 2.04 | 0.0 | 0.0 | 22.28 | 0.0 | 0.0 | 44.53 | 0.0 | 0.0 | 47.45 | 0.0 | 0.0 | 19.36 | 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) | 5.93 | -33.59 | 4.70 | -7.66 | 61.59 | 50.66 | 77.69 | 8.37 | 37.19 | -10.64 | 102.09 | 43.91 |
| 2022 (9) | 8.93 | 16.28 | 5.09 | 5.38 | 40.88 | -13.99 | 71.69 | -5.11 | 41.62 | -18.98 | 70.94 | -1.07 |
| 2021 (8) | 7.68 | -22.5 | 4.83 | -24.77 | 47.53 | 29.05 | 75.55 | 32.99 | 51.37 | 16.09 | 71.71 | 45.22 |
| 2020 (7) | 9.91 | -44.94 | 6.42 | -20.74 | 36.83 | 81.7 | 56.81 | 26.02 | 44.25 | -0.81 | 49.38 | 138.09 |
| 2019 (6) | 18.00 | 58.59 | 8.10 | 18.59 | 20.27 | -36.95 | 45.08 | -15.6 | 44.61 | -18.39 | 20.74 | -32.88 |
| 2018 (5) | 11.35 | -51.58 | 6.83 | -20.86 | 32.15 | 106.49 | 53.41 | 26.23 | 54.66 | 44.76 | 30.90 | 53.65 |
| 2017 (4) | 23.44 | -23.65 | 8.63 | -4.75 | 15.57 | 30.95 | 42.31 | 5.04 | 37.76 | -6.05 | 20.11 | 67.86 |
| 2016 (3) | 30.70 | 22.85 | 9.06 | 6.71 | 11.89 | -18.56 | 40.28 | -6.35 | 40.19 | -14.8 | 11.98 | 14.75 |
| 2015 (2) | 24.99 | -6.19 | 8.49 | -10.25 | 14.60 | 6.57 | 43.01 | 11.51 | 47.17 | 21.85 | 10.44 | -23.01 |
| 2014 (1) | 26.64 | -23.91 | 9.46 | -10.33 | 13.70 | 31.35 | 38.57 | 11.44 | 38.71 | 73.59 | 13.56 | -40.37 |
