- 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) | 0.84 | -39.57 | -22.94 | 0.29 | -46.3 | -58.57 | 108.61 | 65.36 | 30.45 | 309.96 | 82.72 | 137.72 | 196.91 | 71.72 | 137.84 | 221.65 | 83.71 | 69.38 |
| 23Q3 (19) | 1.39 | -7.95 | -0.71 | 0.54 | -11.48 | -19.4 | 65.68 | 8.99 | 1.28 | 169.64 | 13.8 | 23.98 | 114.67 | 41.06 | 32.29 | 120.65 | -5.78 | 4.91 |
| 23Q2 (18) | 1.51 | 115.71 | 21.77 | 0.61 | 35.56 | 17.31 | 60.26 | -53.51 | -18.18 | 149.07 | -26.51 | -15.11 | 81.29 | -20.2 | -12.52 | 128.05 | -44.47 | -18.1 |
| 23Q1 (17) | 0.70 | -35.78 | -46.97 | 0.45 | -35.71 | -11.76 | 129.62 | 55.68 | 87.91 | 202.84 | 55.56 | 14.57 | 101.87 | 23.05 | 10.58 | 230.60 | 76.22 | 49.82 |
| 22Q4 (16) | 1.09 | -22.14 | -24.83 | 0.70 | 4.48 | 32.08 | 83.26 | 28.39 | 32.69 | 130.39 | -4.71 | -23.4 | 82.79 | -4.49 | -20.99 | 130.86 | 13.79 | 2.07 |
| 22Q3 (15) | 1.40 | 12.9 | 30.84 | 0.67 | 28.85 | 63.41 | 64.85 | -11.95 | -23.68 | 136.83 | -22.08 | -38.92 | 86.68 | -6.72 | -47.94 | 115.00 | -26.45 | -19.28 |
| 22Q2 (14) | 1.24 | -6.06 | 5.98 | 0.52 | 1.96 | -21.21 | 73.65 | 6.77 | -5.26 | 175.61 | -0.81 | 27.06 | 92.92 | 0.87 | -15.01 | 156.35 | 1.58 | 46.64 |
| 22Q1 (13) | 1.32 | -8.97 | 33.33 | 0.51 | -3.77 | -10.53 | 68.98 | 9.93 | -24.78 | 177.05 | 4.01 | 11.87 | 92.12 | -12.08 | -39.08 | 153.92 | 20.06 | 55.85 |
| 21Q4 (12) | 1.45 | 35.51 | 39.42 | 0.53 | 29.27 | -49.04 | 62.75 | -26.15 | -28.02 | 170.23 | -24.0 | 94.48 | 104.78 | -37.07 | -19.03 | 128.20 | -10.02 | 182.88 |
| 21Q3 (11) | 1.07 | -8.55 | -20.15 | 0.41 | -37.88 | -75.88 | 84.97 | 9.3 | 24.75 | 224.00 | 62.07 | 318.77 | 166.50 | 52.29 | 94.21 | 142.47 | 33.62 | 297.3 |
| 21Q2 (10) | 1.17 | 18.18 | -15.83 | 0.66 | 15.79 | -54.17 | 77.74 | -15.23 | 18.45 | 138.21 | -12.67 | 118.93 | 109.33 | -27.7 | 45.68 | 106.62 | 7.96 | 98.51 |
| 21Q1 (9) | 0.99 | -4.81 | -35.71 | 0.57 | -45.19 | -53.66 | 91.71 | 5.2 | 55.41 | 158.26 | 80.81 | 113.98 | 151.22 | 16.86 | 108.75 | 98.76 | 117.92 | 63.16 |
| 20Q4 (8) | 1.04 | -22.39 | 0 | 1.04 | -38.82 | 0 | 87.18 | 28.0 | 0 | 87.53 | 63.64 | 0 | 129.40 | 50.94 | 0 | 45.32 | 26.38 | 0 |
| 20Q3 (7) | 1.34 | -3.6 | 0 | 1.70 | 18.06 | 0 | 68.11 | 3.78 | 0 | 53.49 | -15.27 | 0 | 85.73 | 14.23 | 0 | 35.86 | -33.23 | 0 |
| 20Q2 (6) | 1.39 | -9.74 | 32.38 | 1.44 | 17.07 | 53.19 | 65.63 | 11.22 | -24.53 | 63.13 | -14.64 | -34.76 | 75.05 | 3.6 | -28.17 | 53.71 | -11.27 | -32.21 |
| 20Q1 (5) | 1.54 | 0 | 30.51 | 1.23 | 0 | 4.24 | 59.01 | 0 | -23.62 | 73.96 | 0 | -3.99 | 72.44 | 0 | -15.77 | 60.53 | 0 | -11.36 |
| 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) | 3.02 | -39.11 | 1.49 | -40.16 | 120.91 | 64.39 | 245.42 | 67.72 | 142.20 | 73.94 | 224.13 | 62.26 |
| 2022 (9) | 4.96 | 13.5 | 2.49 | 14.75 | 73.55 | -11.97 | 146.33 | -12.83 | 81.75 | -38.76 | 138.13 | 17.14 |
| 2021 (8) | 4.37 | -30.96 | 2.17 | -50.23 | 83.55 | 44.98 | 167.86 | 100.67 | 133.50 | 41.24 | 117.92 | 152.18 |
| 2020 (7) | 6.33 | 41.61 | 4.36 | 27.86 | 57.63 | -29.38 | 83.65 | -21.86 | 94.52 | -17.52 | 46.76 | -36.86 |
| 2019 (6) | 4.47 | -30.8 | 3.41 | -44.55 | 81.61 | 44.42 | 107.05 | 80.4 | 114.60 | 68.06 | 74.06 | 55.39 |
| 2018 (5) | 6.46 | 33.47 | 6.15 | 28.66 | 56.51 | -25.06 | 59.34 | -22.35 | 68.19 | -39.16 | 47.66 | 19.96 |
| 2017 (4) | 4.84 | -17.83 | 4.78 | -11.81 | 75.41 | 21.67 | 76.42 | 13.53 | 112.09 | 1.36 | 39.73 | 112.35 |
| 2016 (3) | 5.89 | -33.07 | 5.42 | -9.36 | 61.98 | 49.42 | 67.31 | 10.24 | 110.59 | 13.25 | 18.71 | 282.62 |
| 2015 (2) | 8.80 | -10.2 | 5.98 | -23.23 | 41.48 | 11.33 | 61.06 | 30.36 | 97.65 | 12.97 | 4.89 | 0 |
| 2014 (1) | 9.80 | 41.62 | 7.79 | 15.24 | 37.26 | -29.41 | 46.84 | -13.23 | 86.44 | -12.93 | -2.34 | 0 |
