- 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) | 1.13 | 32.94 | 3.67 | 0.98 | 25.64 | -2.0 | 80.54 | -24.64 | -3.72 | 92.67 | -20.35 | 1.99 | 47.94 | -7.9 | -14.12 | 125.27 | -26.82 | 5.54 |
| 23Q3 (19) | 0.85 | -15.0 | -6.59 | 0.78 | 4.0 | -22.0 | 106.88 | 17.24 | 6.66 | 116.35 | -4.36 | 28.2 | 52.05 | -4.25 | -22.69 | 171.18 | 8.03 | 38.46 |
| 23Q2 (18) | 1.00 | 17.65 | -9.09 | 0.75 | -11.76 | -42.75 | 91.16 | -14.87 | 10.52 | 121.66 | 13.07 | 75.35 | 54.36 | -3.77 | 0.95 | 158.46 | 0.17 | 61.68 |
| 23Q1 (17) | 0.85 | -22.02 | -6.59 | 0.85 | -15.0 | -22.73 | 107.08 | 28.01 | 7.29 | 107.60 | 18.42 | 29.94 | 56.49 | 1.2 | 2.39 | 158.19 | 33.28 | 24.13 |
| 22Q4 (16) | 1.09 | 19.78 | -12.8 | 1.00 | 0.0 | -10.71 | 83.65 | -16.53 | 14.46 | 90.86 | 0.11 | 12.16 | 55.82 | -17.09 | 27.76 | 118.69 | -4.0 | 7.51 |
| 22Q3 (15) | 0.91 | -17.27 | -18.75 | 1.00 | -23.66 | 20.48 | 100.21 | 21.5 | 22.97 | 90.76 | 30.82 | -17.59 | 67.33 | 25.03 | 52.78 | 123.63 | 26.14 | -16.21 |
| 22Q2 (14) | 1.10 | 20.88 | 1.85 | 1.31 | 19.09 | 43.96 | 82.48 | -17.35 | -1.89 | 69.38 | -16.22 | -30.49 | 53.85 | -2.39 | 35.51 | 98.01 | -23.09 | -32.0 |
| 22Q1 (13) | 0.91 | -27.2 | -9.0 | 1.10 | -1.79 | 22.22 | 99.80 | 36.56 | 9.57 | 82.81 | 2.22 | -18.33 | 55.17 | 26.28 | 40.1 | 127.44 | 15.43 | -16.75 |
| 21Q4 (12) | 1.25 | 11.61 | 6.84 | 1.12 | 34.94 | 33.33 | 73.08 | -10.32 | -5.79 | 81.01 | -26.44 | -25.12 | 43.69 | -0.86 | 1.35 | 110.40 | -25.17 | -22.61 |
| 21Q3 (11) | 1.12 | 3.7 | 5.66 | 0.83 | -8.79 | -33.06 | 81.49 | -3.07 | -5.41 | 110.13 | 10.33 | 49.8 | 44.07 | 10.9 | 1.01 | 147.54 | 2.36 | 27.13 |
| 21Q2 (10) | 1.08 | 8.0 | 77.05 | 0.91 | 1.11 | -35.92 | 84.07 | -7.7 | -43.74 | 99.82 | -1.55 | 55.34 | 39.74 | 0.91 | -48.74 | 144.14 | -5.85 | 5.87 |
| 21Q1 (9) | 1.00 | -14.53 | 53.85 | 0.90 | 7.14 | -60.35 | 91.08 | 17.42 | -34.76 | 101.39 | -6.29 | 153.47 | 39.38 | -8.65 | -26.84 | 153.09 | 7.32 | 21.71 |
| 20Q4 (8) | 1.17 | 10.38 | 69.57 | 0.84 | -32.26 | -65.85 | 77.57 | -9.96 | -41.07 | 108.19 | 47.16 | 191.93 | 43.11 | -1.19 | -15.14 | 142.65 | 22.92 | 21.01 |
| 20Q3 (7) | 1.06 | 73.77 | 51.43 | 1.24 | -12.68 | -54.58 | 86.15 | -42.35 | -34.13 | 73.52 | 14.41 | 120.45 | 43.63 | -43.73 | -29.88 | 116.05 | -14.76 | 13.86 |
| 20Q2 (6) | 0.61 | -6.15 | -29.89 | 1.42 | -37.44 | -57.36 | 149.43 | 7.03 | 43.06 | 64.26 | 60.65 | 135.13 | 77.53 | 44.03 | 49.99 | 136.15 | 8.24 | 70.0 |
| 20Q1 (5) | 0.65 | -5.8 | -29.35 | 2.27 | -7.72 | -17.15 | 139.61 | 6.07 | 41.05 | 40.00 | 7.93 | 20.41 | 53.83 | 5.96 | 27.62 | 125.78 | 6.7 | 39.72 |
| 19Q4 (4) | 0.69 | -1.43 | 0.0 | 2.46 | -9.89 | 0.0 | 131.62 | 0.63 | 0.0 | 37.06 | 11.12 | 0.0 | 50.80 | -18.35 | 0.0 | 117.88 | 15.66 | 0.0 |
| 19Q3 (3) | 0.70 | -19.54 | 0.0 | 2.73 | -18.02 | 0.0 | 130.79 | 25.22 | 0.0 | 33.35 | 22.03 | 0.0 | 62.22 | 20.37 | 0.0 | 101.92 | 27.26 | 0.0 |
| 19Q2 (2) | 0.87 | -5.43 | 0.0 | 3.33 | 21.53 | 0.0 | 104.45 | 5.53 | 0.0 | 27.33 | -17.73 | 0.0 | 51.69 | 22.55 | 0.0 | 80.09 | -11.03 | 0.0 |
| 19Q1 (1) | 0.92 | 0.0 | 0.0 | 2.74 | 0.0 | 0.0 | 98.98 | 0.0 | 0.0 | 33.22 | 0.0 | 0.0 | 42.18 | 0.0 | 0.0 | 90.02 | 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) | 3.32 | -6.48 | 3.47 | -16.39 | 109.89 | 6.98 | 105.04 | 19.38 | 63.64 | 13.42 | 151.29 | 12.4 |
| 2022 (9) | 3.55 | -2.47 | 4.15 | 10.37 | 102.72 | 2.35 | 87.99 | -9.48 | 56.11 | 4.47 | 134.60 | -6.44 |
| 2021 (8) | 3.64 | 18.95 | 3.76 | -18.44 | 100.36 | -15.83 | 97.20 | 22.88 | 53.71 | 10.17 | 143.86 | -3.83 |
| 2020 (7) | 3.06 | -20.1 | 4.61 | -52.38 | 119.24 | 25.25 | 79.10 | 109.76 | 48.75 | 11.45 | 149.59 | 67.74 |
| 2019 (6) | 3.83 | -1.03 | 9.68 | -9.11 | 95.20 | 0.9 | 37.71 | 10.07 | 43.74 | 16.89 | 89.18 | -2.2 |
| 2018 (5) | 3.87 | -27.8 | 10.65 | -30.89 | 94.35 | 38.61 | 34.26 | 44.68 | 37.42 | 52.42 | 91.19 | 35.68 |
| 2017 (4) | 5.36 | -5.8 | 15.41 | 26.31 | 68.07 | 6.11 | 23.68 | -20.83 | 24.55 | -12.51 | 67.21 | 1.82 |
| 2016 (3) | 5.69 | 0 | 12.20 | 0 | 64.15 | 0 | 29.91 | 0 | 28.06 | 0 | 66.01 | 0 |
