- 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) | 0.79 | -5.95 | -4.82 | 0.89 | -8.25 | 1.14 | 114.88 | 5.99 | 4.86 | 102.61 | 9.59 | -1.23 | 70.14 | 5.44 | 16.94 | 147.35 | 8.74 | -3.99 |
| 23Q3 (19) | 0.84 | -2.33 | 20.0 | 0.97 | -3.0 | 22.78 | 108.39 | 3.01 | -16.82 | 93.63 | 3.17 | -18.86 | 66.52 | 9.84 | 10.77 | 135.51 | 0.07 | -27.01 |
| 23Q2 (18) | 0.86 | 3.61 | 24.64 | 1.00 | 12.36 | 21.95 | 105.22 | -4.39 | -19.7 | 90.75 | -11.05 | -18.26 | 60.56 | -12.59 | -16.82 | 135.42 | -5.16 | -19.99 |
| 23Q1 (17) | 0.83 | 0.0 | 13.7 | 0.89 | 1.14 | -2.2 | 110.05 | 0.45 | -11.71 | 102.02 | -1.8 | 1.89 | 69.28 | 15.51 | -16.97 | 142.79 | -6.96 | 1.03 |
| 22Q4 (16) | 0.83 | 18.57 | 10.67 | 0.88 | 11.39 | -13.73 | 109.56 | -15.92 | -10.26 | 103.89 | -9.97 | 16.56 | 59.98 | -0.12 | -34.09 | 153.47 | -17.33 | 27.66 |
| 22Q3 (15) | 0.70 | 1.45 | -11.39 | 0.79 | -3.66 | -28.83 | 130.31 | -0.56 | 12.79 | 115.39 | 3.94 | 41.05 | 60.05 | -17.53 | -35.6 | 185.65 | 9.69 | 78.36 |
| 22Q2 (14) | 0.69 | -5.48 | -27.37 | 0.82 | -9.89 | -35.43 | 131.04 | 5.13 | 36.26 | 111.02 | 10.88 | 54.77 | 72.81 | -12.74 | -9.44 | 169.25 | 19.75 | 93.43 |
| 22Q1 (13) | 0.73 | -2.67 | -24.74 | 0.91 | -10.78 | -21.55 | 124.65 | 2.1 | 32.27 | 100.13 | 12.34 | 27.65 | 83.44 | -8.31 | 0.1 | 141.34 | 17.57 | 58.24 |
| 21Q4 (12) | 0.75 | -5.06 | -13.79 | 1.02 | -8.11 | -13.56 | 122.09 | 5.68 | 16.98 | 89.13 | 8.95 | 15.77 | 91.00 | -2.41 | 24.35 | 120.22 | 15.5 | 11.12 |
| 21Q3 (11) | 0.79 | -16.84 | -5.95 | 1.11 | -12.6 | -7.5 | 115.53 | 20.13 | 6.67 | 81.81 | 14.05 | 7.67 | 93.25 | 15.98 | 42.69 | 104.09 | 18.96 | -12.49 |
| 21Q2 (10) | 0.95 | -2.06 | 26.67 | 1.27 | 9.48 | 15.45 | 96.17 | 2.05 | -20.78 | 71.73 | -8.55 | -13.19 | 80.40 | -3.55 | -6.57 | 87.50 | -2.04 | -25.83 |
| 21Q1 (9) | 0.97 | 11.49 | 19.75 | 1.16 | -1.69 | -10.08 | 94.24 | -9.71 | -16.35 | 78.44 | 1.88 | 11.59 | 83.36 | 13.91 | -2.97 | 89.32 | -17.44 | -7.96 |
| 20Q4 (8) | 0.87 | 3.57 | 0.0 | 1.18 | -1.67 | -17.48 | 104.37 | -3.64 | -0.29 | 76.99 | 1.33 | 21.4 | 73.18 | 11.98 | -7.64 | 108.19 | -9.04 | 21.77 |
| 20Q3 (7) | 0.84 | 12.0 | -8.7 | 1.20 | 9.09 | -18.37 | 108.31 | -10.78 | 8.96 | 75.98 | -8.05 | 22.69 | 65.35 | -24.06 | -9.53 | 118.94 | 0.81 | 33.49 |
| 20Q2 (6) | 0.75 | -7.41 | -14.77 | 1.10 | -14.73 | -17.91 | 121.40 | 7.76 | 17.26 | 82.63 | 17.56 | 21.3 | 86.05 | 0.16 | 10.62 | 117.98 | 21.58 | 25.7 |
| 20Q1 (5) | 0.81 | -6.9 | 0.0 | 1.29 | -9.79 | 2.38 | 112.66 | 7.63 | -0.13 | 70.29 | 10.83 | -2.39 | 85.91 | 8.43 | -1.12 | 97.04 | 9.22 | -0.92 |
| 19Q4 (4) | 0.87 | -5.43 | 0.0 | 1.43 | -2.72 | 0.0 | 104.67 | 5.3 | 0.0 | 63.42 | 2.41 | 0.0 | 79.23 | 9.69 | 0.0 | 88.85 | -0.28 | 0.0 |
| 19Q3 (3) | 0.92 | 4.55 | 0.0 | 1.47 | 9.7 | 0.0 | 99.40 | -3.99 | 0.0 | 61.93 | -9.09 | 0.0 | 72.23 | -7.15 | 0.0 | 89.10 | -5.07 | 0.0 |
| 19Q2 (2) | 0.88 | 8.64 | 0.0 | 1.34 | 6.35 | 0.0 | 103.53 | -8.23 | 0.0 | 68.12 | -5.4 | 0.0 | 77.79 | -10.46 | 0.0 | 93.86 | -4.17 | 0.0 |
| 19Q1 (1) | 0.81 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | 112.81 | 0.0 | 0.0 | 72.01 | 0.0 | 0.0 | 86.88 | 0.0 | 0.0 | 97.94 | 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) | 3.48 | 20.83 | 3.80 | 11.11 | 104.92 | -17.26 | 96.01 | -10.04 | 62.70 | -29.5 | 138.23 | -4.4 |
| 2022 (9) | 2.88 | -26.53 | 3.42 | -28.15 | 126.80 | 36.3 | 106.73 | 39.28 | 88.94 | 19.09 | 144.59 | 52.23 |
| 2021 (8) | 3.92 | 26.86 | 4.76 | 7.45 | 93.03 | -21.33 | 76.63 | -7.04 | 74.68 | -21.59 | 94.98 | -9.92 |
| 2020 (7) | 3.09 | -5.21 | 4.43 | -17.66 | 118.25 | 5.64 | 82.43 | 21.52 | 95.24 | 12.23 | 105.44 | 11.09 |
| 2019 (6) | 3.26 | -4.4 | 5.38 | -4.27 | 111.94 | 4.55 | 67.83 | 4.43 | 84.86 | 17.99 | 94.91 | -5.18 |
| 2018 (5) | 3.41 | 6.23 | 5.62 | 9.13 | 107.07 | -5.75 | 64.95 | -8.29 | 71.92 | -12.25 | 100.09 | -2.3 |
| 2017 (4) | 3.21 | 6.64 | 5.15 | -3.2 | 113.60 | -6.19 | 70.82 | 3.15 | 81.96 | -15.18 | 102.45 | 10.01 |
| 2016 (3) | 3.01 | -6.81 | 5.32 | 1.53 | 121.10 | 7.31 | 68.66 | -1.48 | 96.63 | -2.98 | 93.13 | 12.29 |
| 2015 (2) | 3.23 | 0 | 5.24 | 0 | 112.85 | 0 | 69.69 | 0 | 99.60 | 0 | 82.94 | 0 |
