- 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) | 1.97 | -1.5 | 2.07 | 1.44 | 5.11 | 188.0 | 46.25 | 1.76 | -1.97 | 63.30 | -4.45 | -64.91 | 69.50 | 8.88 | -4.31 | 40.05 | -16.34 | -74.15 |
| 23Q3 (19) | 2.00 | -7.83 | 29.87 | 1.37 | 33.01 | 211.36 | 45.45 | 8.37 | -23.11 | 66.25 | -25.23 | -67.73 | 63.83 | 8.31 | -50.84 | 47.87 | -33.15 | -64.44 |
| 23Q2 (18) | 2.17 | 7.96 | 50.69 | 1.03 | 51.47 | 43.06 | 41.94 | -7.42 | -33.62 | 88.60 | -34.09 | -29.59 | 58.93 | 3.08 | -50.24 | 71.61 | -41.57 | 1.44 |
| 23Q1 (17) | 2.01 | 4.15 | 32.24 | 0.68 | 36.0 | -36.45 | 45.30 | -3.98 | -24.58 | 134.42 | -25.48 | 58.03 | 57.17 | -21.29 | -41.89 | 122.56 | -20.9 | 162.22 |
| 22Q4 (16) | 1.93 | 25.32 | 29.53 | 0.50 | 13.64 | -57.98 | 47.18 | -20.18 | -23.01 | 180.38 | -12.15 | 135.18 | 72.63 | -44.07 | -41.39 | 154.94 | 15.11 | 1002.78 |
| 22Q3 (15) | 1.54 | 6.94 | -47.8 | 0.44 | -38.89 | -81.59 | 59.11 | -6.44 | 91.79 | 205.33 | 63.18 | 440.2 | 129.85 | 9.65 | 66.92 | 134.60 | 90.68 | 1602.23 |
| 22Q2 (14) | 1.44 | -5.26 | -54.86 | 0.72 | -32.71 | -66.04 | 63.18 | 5.19 | 121.45 | 125.83 | 47.93 | 193.11 | 118.42 | 20.37 | 35.21 | 70.59 | 51.03 | 538.18 |
| 22Q1 (13) | 1.52 | 2.01 | -45.91 | 1.07 | -10.08 | -55.79 | 60.06 | -1.99 | 85.43 | 85.06 | 10.9 | 125.8 | 98.38 | -20.62 | 12.87 | 46.74 | 232.67 | 373.33 |
| 21Q4 (12) | 1.49 | -49.49 | -50.5 | 1.19 | -50.21 | -52.96 | 61.28 | 98.83 | 102.98 | 76.70 | 101.79 | 113.17 | 123.93 | 59.31 | 75.89 | 14.05 | 256.81 | 427.51 |
| 21Q3 (11) | 2.95 | -7.52 | -5.45 | 2.39 | 12.74 | 35.03 | 30.82 | 8.03 | 5.84 | 38.01 | -11.46 | -26.09 | 77.79 | -11.18 | 30.59 | -8.96 | 44.38 | -142.71 |
| 21Q2 (10) | 3.19 | 13.52 | 57.92 | 2.12 | -12.4 | 109.9 | 28.53 | -11.92 | -36.61 | 42.93 | 13.96 | -52.56 | 87.58 | 0.48 | -13.54 | -16.11 | 5.79 | -147.08 |
| 21Q1 (9) | 2.81 | -6.64 | 12.4 | 2.42 | -4.35 | 56.13 | 32.39 | 7.29 | -11.14 | 37.67 | 4.7 | -35.92 | 87.16 | 23.7 | 3.29 | -17.10 | -298.6 | -257.46 |
| 20Q4 (8) | 3.01 | -3.53 | 21.86 | 2.53 | 42.94 | 20.48 | 30.19 | 3.67 | -18.03 | 35.98 | -30.04 | -16.83 | 70.46 | 18.28 | -3.97 | -4.29 | -120.45 | -163.84 |
| 20Q3 (7) | 3.12 | 54.46 | 26.32 | 1.77 | 75.25 | -23.71 | 29.12 | -35.3 | -21.0 | 51.43 | -43.17 | 31.2 | 59.57 | -41.19 | -14.59 | 20.98 | -38.69 | 232.49 |
| 20Q2 (6) | 2.02 | -19.2 | -22.01 | 1.01 | -34.84 | -53.67 | 45.01 | 23.48 | 28.01 | 90.50 | 53.94 | 117.03 | 101.30 | 20.05 | 77.07 | 34.22 | 215.1 | 74.06 |
| 20Q1 (5) | 2.50 | 1.21 | 13.64 | 1.55 | -26.19 | 14.81 | 36.45 | -1.03 | -11.81 | 58.79 | 35.9 | -12.48 | 84.38 | 15.01 | 11.55 | 10.86 | 61.61 | -66.96 |
| 19Q4 (4) | 2.47 | 0.0 | 0.0 | 2.10 | -9.48 | 0.0 | 36.83 | -0.08 | 0.0 | 43.26 | 10.36 | 0.0 | 73.37 | 5.19 | 0.0 | 6.72 | 6.5 | 0.0 |
| 19Q3 (3) | 2.47 | -4.63 | 0.0 | 2.32 | 6.42 | 0.0 | 36.86 | 4.84 | 0.0 | 39.20 | -6.0 | 0.0 | 69.75 | 21.92 | 0.0 | 6.31 | -67.9 | 0.0 |
| 19Q2 (2) | 2.59 | 17.73 | 0.0 | 2.18 | 61.48 | 0.0 | 35.16 | -14.93 | 0.0 | 41.70 | -37.92 | 0.0 | 57.21 | -24.37 | 0.0 | 19.66 | -40.19 | 0.0 |
| 19Q1 (1) | 2.20 | 0.0 | 0.0 | 1.35 | 0.0 | 0.0 | 41.33 | 0.0 | 0.0 | 67.17 | 0.0 | 0.0 | 75.64 | 0.0 | 0.0 | 32.87 | 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) | 8.15 | 18.8 | 3.63 | 23.47 | 44.77 | -15.83 | 100.55 | -19.09 | 67.29 | -23.85 | 78.04 | -12.41 |
| 2022 (9) | 6.86 | -28.32 | 2.94 | -53.85 | 53.19 | 39.42 | 124.27 | 116.95 | 88.36 | -4.24 | 89.10 | 2719.62 |
| 2021 (8) | 9.57 | -10.39 | 6.37 | -23.62 | 38.15 | 11.61 | 57.28 | 30.84 | 92.27 | 12.14 | 3.16 | 0 |
| 2020 (7) | 10.68 | -8.48 | 8.34 | 15.03 | 34.18 | 9.31 | 43.78 | -13.1 | 82.28 | 17.43 | -4.32 | 0 |
| 2019 (6) | 11.67 | 25.08 | 7.25 | 55.25 | 31.27 | -20.05 | 50.38 | -35.59 | 70.07 | -15.19 | 11.57 | -66.67 |
| 2018 (5) | 9.33 | -4.41 | 4.67 | 3.78 | 39.11 | 4.57 | 78.22 | -3.56 | 82.62 | 31.27 | 34.71 | -37.54 |
| 2017 (4) | 9.76 | 0 | 4.50 | 0 | 37.40 | 0 | 81.11 | 0 | 62.94 | 0 | 55.57 | 0 |
