- 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) | 0.72 | -10.0 | -52.0 | 0.29 | -3.33 | -27.5 | 125.69 | 10.86 | 107.55 | 318.76 | 6.05 | 41.64 | 84.35 | 17.77 | 17.66 | 360.10 | 5.19 | 68.33 |
| 23Q3 (19) | 0.80 | 3.9 | -18.37 | 0.30 | 11.11 | 30.43 | 113.38 | -4.62 | 22.4 | 300.58 | -9.81 | -23.61 | 71.62 | -5.41 | -52.52 | 342.33 | -9.05 | 2.11 |
| 23Q2 (18) | 0.77 | -10.47 | -11.49 | 0.27 | -3.57 | 8.0 | 118.87 | 12.88 | 13.12 | 333.26 | 2.75 | -7.06 | 75.72 | -6.03 | -49.32 | 376.41 | 7.83 | 19.78 |
| 23Q1 (17) | 0.86 | -42.67 | 26.47 | 0.28 | -30.0 | 21.74 | 105.31 | 73.89 | -21.4 | 324.35 | 44.12 | -16.7 | 80.58 | 12.4 | -55.69 | 349.09 | 63.18 | 2.23 |
| 22Q4 (16) | 1.50 | 53.06 | 56.25 | 0.40 | 73.91 | -2.44 | 60.56 | -34.62 | -36.28 | 225.05 | -42.81 | 2.01 | 71.69 | -52.48 | -36.3 | 213.93 | -36.19 | 5.33 |
| 22Q3 (15) | 0.98 | 12.64 | 38.03 | 0.23 | -8.0 | -36.11 | 92.63 | -11.85 | -27.37 | 393.48 | 9.74 | 53.84 | 150.85 | 0.96 | 11.58 | 335.26 | 6.69 | 35.11 |
| 22Q2 (14) | 0.87 | 27.94 | -2.25 | 0.25 | 8.7 | -45.65 | 105.08 | -21.57 | 2.56 | 358.57 | -7.91 | 82.93 | 149.42 | -17.84 | 48.06 | 314.24 | -7.98 | 59.06 |
| 22Q1 (13) | 0.68 | -29.17 | 47.83 | 0.23 | -43.9 | -28.12 | 133.98 | 40.97 | -31.92 | 389.37 | 76.5 | 37.57 | 181.87 | 61.6 | 36.01 | 341.49 | 68.13 | -1.34 |
| 21Q4 (12) | 0.96 | 35.21 | 52.38 | 0.41 | 13.89 | -6.82 | 95.04 | -25.48 | -34.42 | 220.61 | -13.75 | 7.13 | 112.54 | -16.75 | 25.91 | 203.11 | -18.15 | -22.32 |
| 21Q3 (11) | 0.71 | -20.22 | 65.12 | 0.36 | -21.74 | 24.14 | 127.54 | 24.48 | -39.05 | 255.78 | 30.49 | -18.3 | 135.19 | 33.96 | 3.06 | 248.14 | 25.6 | -36.56 |
| 21Q2 (10) | 0.89 | 93.48 | 61.82 | 0.46 | 43.75 | 39.39 | 102.46 | -47.94 | -38.42 | 196.02 | -30.74 | -29.93 | 100.92 | -24.53 | -21.74 | 197.56 | -42.92 | -37.71 |
| 21Q1 (9) | 0.46 | -26.98 | 53.33 | 0.32 | -27.27 | 88.24 | 196.80 | 35.79 | -36.11 | 283.04 | 37.44 | -46.1 | 133.72 | 49.61 | -49.1 | 346.12 | 32.37 | -39.33 |
| 20Q4 (8) | 0.63 | 46.51 | 26.0 | 0.44 | 51.72 | 25.71 | 144.93 | -30.74 | -19.76 | 205.93 | -34.22 | -19.72 | 89.38 | -31.86 | -30.47 | 261.48 | -33.15 | -15.27 |
| 20Q3 (7) | 0.43 | -21.82 | -23.21 | 0.29 | -12.12 | -29.27 | 209.26 | 25.77 | 29.4 | 313.07 | 11.91 | 40.37 | 131.17 | 1.72 | 15.16 | 391.15 | 23.32 | 44.42 |
| 20Q2 (6) | 0.55 | 83.33 | -3.51 | 0.33 | 94.12 | -13.16 | 166.38 | -45.99 | 5.1 | 279.75 | -46.73 | 16.17 | 128.95 | -50.91 | -2.33 | 317.18 | -44.4 | 18.75 |
| 20Q1 (5) | 0.30 | -40.0 | -55.22 | 0.17 | -51.43 | -61.36 | 308.04 | 70.56 | 125.97 | 525.15 | 104.71 | 151.34 | 262.69 | 104.36 | 130.61 | 570.51 | 84.86 | 146.6 |
| 19Q4 (4) | 0.50 | -10.71 | 0.0 | 0.35 | -14.63 | 0.0 | 180.61 | 11.68 | 0.0 | 256.53 | 15.02 | 0.0 | 128.54 | 12.85 | 0.0 | 308.61 | 13.94 | 0.0 |
| 19Q3 (3) | 0.56 | -1.75 | 0.0 | 0.41 | 7.89 | 0.0 | 161.72 | 2.15 | 0.0 | 223.03 | -7.39 | 0.0 | 113.90 | -13.73 | 0.0 | 270.85 | 1.4 | 0.0 |
| 19Q2 (2) | 0.57 | -14.93 | 0.0 | 0.38 | -13.64 | 0.0 | 158.31 | 16.13 | 0.0 | 240.82 | 15.26 | 0.0 | 132.02 | 15.9 | 0.0 | 267.11 | 15.46 | 0.0 |
| 19Q1 (1) | 0.67 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 136.32 | 0.0 | 0.0 | 208.94 | 0.0 | 0.0 | 113.91 | 0.0 | 0.0 | 231.35 | 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) | 3.12 | -14.29 | 1.11 | -13.28 | 117.11 | 16.63 | 329.65 | 15.4 | 90.51 | -18.06 | 356.25 | 29.26 |
| 2022 (9) | 3.64 | 33.82 | 1.28 | -16.34 | 100.41 | -25.08 | 285.66 | 19.4 | 110.46 | -5.95 | 275.61 | 7.74 |
| 2021 (8) | 2.72 | 53.67 | 1.53 | 15.91 | 134.03 | -34.85 | 239.24 | -13.67 | 117.45 | -13.47 | 255.82 | -26.29 |
| 2020 (7) | 1.77 | -32.44 | 1.32 | -17.5 | 205.71 | 47.63 | 277.11 | 21.5 | 135.74 | 14.91 | 347.08 | 39.24 |
| 2019 (6) | 2.62 | -29.0 | 1.60 | -6.43 | 139.34 | 40.7 | 228.07 | 6.68 | 118.13 | 1.46 | 249.27 | 26.94 |
| 2018 (5) | 3.69 | 36.67 | 1.71 | 36.8 | 99.03 | -26.79 | 213.78 | -26.84 | 116.43 | -34.0 | 196.37 | -21.79 |
| 2017 (4) | 2.70 | -4.93 | 1.25 | -42.13 | 135.27 | 5.14 | 292.21 | 72.82 | 176.42 | 42.72 | 251.07 | 44.19 |
| 2016 (3) | 2.84 | 58.66 | 2.16 | 2.37 | 128.66 | -37.01 | 169.08 | -2.25 | 123.61 | -16.49 | 174.13 | -24.03 |
| 2015 (2) | 1.79 | -13.53 | 2.11 | -15.26 | 204.25 | 15.81 | 172.98 | 18.08 | 148.01 | 41.74 | 229.22 | 4.94 |
| 2014 (1) | 2.07 | 22.49 | 2.49 | 11.16 | 176.36 | -18.39 | 146.49 | -9.9 | 104.42 | 10.22 | 218.42 | -23.08 |
