- 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) | 1.51 | -7.36 | 4.14 | 0.91 | -2.15 | -37.67 | 60.31 | 7.79 | -4.09 | 99.86 | 2.08 | 60.19 | 26.29 | -21.33 | -15.9 | 133.88 | 11.23 | 42.49 |
| 23Q3 (19) | 1.63 | -15.1 | 49.54 | 0.93 | 1.09 | -26.19 | 55.95 | 17.81 | -33.03 | 97.83 | -1.45 | 34.99 | 33.42 | -9.46 | 42.46 | 120.36 | 9.57 | -9.2 |
| 23Q2 (18) | 1.92 | 54.84 | 32.41 | 0.92 | 12.2 | -23.97 | 47.49 | -35.11 | -24.15 | 99.27 | -11.08 | 32.17 | 36.91 | -15.58 | 6.37 | 109.85 | -22.15 | 6.62 |
| 23Q1 (17) | 1.24 | -14.48 | 27.84 | 0.82 | -43.84 | -17.17 | 73.19 | 16.4 | -22.19 | 111.64 | 79.08 | 21.03 | 43.72 | 39.86 | -14.14 | 141.11 | 50.18 | 4.23 |
| 22Q4 (16) | 1.45 | 33.03 | -7.64 | 1.46 | 15.87 | -7.01 | 62.88 | -24.73 | 8.47 | 62.34 | -13.98 | 7.35 | 31.26 | 33.25 | 59.57 | 93.96 | -29.11 | -2.58 |
| 22Q3 (15) | 1.09 | -24.83 | -29.22 | 1.26 | 4.13 | 17.76 | 83.54 | 33.43 | 41.71 | 72.47 | -3.51 | -14.65 | 23.46 | -32.39 | -14.47 | 132.55 | 28.65 | 13.86 |
| 22Q2 (14) | 1.45 | 49.48 | -18.99 | 1.21 | 22.22 | 22.22 | 62.61 | -33.44 | 22.81 | 75.11 | -18.57 | -18.23 | 34.70 | -31.85 | 2.75 | 103.03 | -23.9 | -5.52 |
| 22Q1 (13) | 0.97 | -38.22 | -7.62 | 0.99 | -36.94 | 5.32 | 94.06 | 62.26 | 8.79 | 92.24 | 58.84 | -4.77 | 50.92 | 159.93 | 3.56 | 135.38 | 40.36 | 0.92 |
| 21Q4 (12) | 1.57 | 1.95 | -1.26 | 1.57 | 46.73 | -37.94 | 57.97 | -1.66 | 1.43 | 58.07 | -31.61 | 61.17 | 19.59 | -28.58 | -26.85 | 96.45 | -17.15 | 45.26 |
| 21Q3 (11) | 1.54 | -13.97 | 0.0 | 1.07 | 8.08 | -29.61 | 58.95 | 15.63 | -0.22 | 84.91 | -7.56 | 41.61 | 27.43 | -18.77 | -12.14 | 116.42 | 6.76 | 32.57 |
| 21Q2 (10) | 1.79 | 70.48 | -28.69 | 0.99 | 5.32 | -70.62 | 50.98 | -41.04 | -29.67 | 91.85 | -5.17 | 70.25 | 33.77 | -31.32 | 15.22 | 109.05 | -18.71 | 12.27 |
| 21Q1 (9) | 1.05 | -33.96 | -7.89 | 0.94 | -62.85 | -36.49 | 86.46 | 51.29 | 8.26 | 96.86 | 168.83 | 57.88 | 49.17 | 83.61 | 23.29 | 134.15 | 102.03 | 32.39 |
| 20Q4 (8) | 1.59 | 3.25 | 11.97 | 2.53 | 66.45 | 1.2 | 57.15 | -3.27 | -10.59 | 36.03 | -39.91 | -0.88 | 26.78 | -14.22 | -31.17 | 66.40 | -24.39 | 8.2 |
| 20Q3 (7) | 1.54 | -38.65 | 20.31 | 1.52 | -54.9 | -31.84 | 59.08 | -18.5 | -16.78 | 59.96 | 11.14 | 46.71 | 31.22 | 6.52 | -8.79 | 87.82 | -9.59 | 13.13 |
| 20Q2 (6) | 2.51 | 120.18 | 46.78 | 3.37 | 127.7 | 57.48 | 72.49 | -9.23 | -31.74 | 53.95 | -12.06 | -36.45 | 29.31 | -26.5 | -21.59 | 97.13 | -4.14 | -36.81 |
| 20Q1 (5) | 1.14 | -19.72 | 0 | 1.48 | -40.8 | 0 | 79.86 | 24.94 | 0 | 61.35 | 68.78 | 0 | 39.88 | 2.49 | 0 | 101.33 | 65.11 | 0 |
| 19Q4 (4) | 1.42 | 10.94 | 0.0 | 2.50 | 12.11 | 0.0 | 63.92 | -9.96 | 0.0 | 36.35 | -11.06 | 0.0 | 38.91 | 13.67 | 0.0 | 61.37 | -20.95 | 0.0 |
| 19Q3 (3) | 1.28 | -25.15 | 0.0 | 2.23 | 4.21 | 0.0 | 70.99 | -33.15 | 0.0 | 40.87 | -51.86 | 0.0 | 34.23 | -8.43 | 0.0 | 77.63 | -49.49 | 0.0 |
| 19Q2 (2) | 1.71 | 0 | 0.0 | 2.14 | 0 | 0.0 | 106.19 | 0 | 0.0 | 84.89 | 0 | 0.0 | 37.38 | 0 | 0.0 | 153.70 | 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) | 6.00 | 20.72 | 3.67 | -37.9 | 60.85 | -17.08 | 99.58 | 61.16 | 41.26 | 29.18 | 119.17 | 15.44 |
| 2022 (9) | 4.97 | 15.05 | 5.91 | -25.28 | 73.38 | -13.1 | 61.79 | 33.89 | 31.94 | 12.23 | 103.23 | 1.07 |
| 2021 (8) | 4.32 | -14.12 | 7.91 | -24.74 | 84.44 | 16.32 | 46.15 | 32.88 | 28.46 | 3.23 | 102.14 | 28.08 |
| 2020 (7) | 5.03 | 24.5 | 10.51 | 37.93 | 72.59 | -19.66 | 34.73 | -27.46 | 27.57 | 2.8 | 79.75 | -28.42 |
| 2019 (6) | 4.04 | -10.82 | 7.62 | 53.94 | 90.35 | 12.12 | 47.88 | -35.07 | 26.82 | -15.71 | 111.41 | -9.05 |
| 2018 (5) | 4.53 | -16.27 | 4.95 | 12.5 | 80.58 | 19.38 | 73.74 | -11.06 | 31.82 | -24.27 | 122.49 | 13.01 |
| 2017 (4) | 5.41 | 7.77 | 4.40 | -7.17 | 67.50 | -7.19 | 82.91 | 7.59 | 42.02 | 0.48 | 108.39 | 0.39 |
| 2016 (3) | 5.02 | -4.02 | 4.74 | -6.14 | 72.73 | 4.2 | 77.06 | 6.61 | 41.82 | 18.54 | 107.97 | 1.1 |
| 2015 (2) | 5.23 | 3.56 | 5.05 | 12.98 | 69.80 | -3.38 | 72.28 | -11.52 | 35.28 | 5.34 | 106.80 | -11.33 |
| 2014 (1) | 5.05 | 0 | 4.47 | 0 | 72.24 | 0 | 81.69 | 0 | 33.49 | 0 | 120.44 | 0 |
