- 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) | 1.24 | -7.46 | -12.68 | 1.21 | -3.97 | 8.04 | 73.47 | 7.96 | 14.81 | 75.12 | 4.16 | -7.46 | 61.15 | 22.94 | -5.85 | 87.45 | -3.28 | 9.0 |
| 23Q3 (19) | 1.34 | -4.29 | -4.29 | 1.26 | -1.56 | 7.69 | 68.05 | 4.79 | 4.4 | 72.12 | 1.11 | -7.62 | 49.74 | 28.73 | -6.45 | 90.42 | -7.39 | 0.39 |
| 23Q2 (18) | 1.40 | 12.0 | -11.39 | 1.28 | 17.43 | -3.03 | 64.94 | -11.14 | 13.04 | 71.33 | -14.63 | 3.39 | 38.64 | -38.18 | -21.92 | 97.63 | 3.71 | 26.89 |
| 23Q1 (17) | 1.25 | -11.97 | -20.89 | 1.09 | -2.68 | -22.14 | 73.08 | 14.21 | 26.66 | 83.55 | 2.92 | 28.8 | 62.50 | -3.77 | 9.42 | 94.14 | 17.34 | 43.83 |
| 22Q4 (16) | 1.42 | 1.43 | -22.4 | 1.12 | -4.27 | -22.76 | 63.99 | -1.83 | 28.55 | 81.18 | 3.98 | 29.74 | 64.95 | 22.16 | 14.59 | 80.23 | -10.92 | 44.12 |
| 22Q3 (15) | 1.40 | -11.39 | -28.57 | 1.17 | -11.36 | -18.75 | 65.18 | 13.46 | 40.53 | 78.07 | 13.16 | 23.12 | 53.17 | 7.44 | 2.03 | 90.07 | 17.07 | 56.15 |
| 22Q2 (14) | 1.58 | 0.0 | -17.28 | 1.32 | -5.71 | -14.84 | 57.45 | -0.43 | 20.85 | 68.99 | 6.35 | 17.49 | 49.49 | -13.36 | 7.33 | 76.94 | 17.56 | 27.91 |
| 22Q1 (13) | 1.58 | -13.66 | -15.51 | 1.40 | -3.45 | -1.41 | 57.70 | 15.91 | 18.31 | 64.87 | 3.68 | 1.49 | 57.12 | 0.78 | 24.39 | 65.45 | 17.57 | -1.99 |
| 21Q4 (12) | 1.83 | -6.63 | -1.61 | 1.45 | 0.69 | -8.81 | 49.78 | 7.33 | 1.65 | 62.57 | -1.32 | 9.2 | 56.68 | 8.77 | 41.91 | 55.67 | -3.48 | -16.07 |
| 21Q3 (11) | 1.96 | 2.62 | 9.5 | 1.44 | -7.1 | 2.13 | 46.38 | -2.44 | -8.74 | 63.41 | 7.99 | -1.9 | 52.11 | 13.01 | 32.26 | 57.68 | -4.11 | -24.17 |
| 21Q2 (10) | 1.91 | 2.14 | 1.06 | 1.55 | 9.15 | 22.05 | 47.54 | -2.52 | -1.41 | 58.72 | -8.14 | -17.9 | 46.11 | 0.41 | 7.06 | 60.15 | -9.93 | -21.55 |
| 21Q1 (9) | 1.87 | 0.54 | 23.03 | 1.42 | -10.69 | 19.33 | 48.77 | -0.41 | -18.31 | 63.92 | 11.55 | -16.71 | 45.92 | 14.97 | -9.3 | 66.78 | 0.68 | -22.18 |
| 20Q4 (8) | 1.86 | 3.91 | 18.47 | 1.59 | 12.77 | 3.25 | 48.97 | -3.64 | -15.69 | 57.30 | -11.36 | -2.82 | 39.94 | 1.37 | -12.66 | 66.33 | -12.79 | -7.0 |
| 20Q3 (7) | 1.79 | -5.29 | 2.87 | 1.41 | 11.02 | -18.02 | 50.82 | 5.39 | -2.85 | 64.64 | -9.62 | 21.89 | 39.40 | -8.52 | -22.96 | 76.06 | -0.8 | 40.36 |
| 20Q2 (6) | 1.89 | 24.34 | 19.62 | 1.27 | 6.72 | -19.62 | 48.22 | -19.23 | -16.46 | 71.52 | -6.8 | 24.23 | 43.07 | -14.93 | -27.93 | 76.67 | -10.65 | 38.04 |
| 20Q1 (5) | 1.52 | -3.18 | 16.92 | 1.19 | -22.73 | -22.73 | 59.70 | 2.79 | -14.51 | 76.74 | 30.16 | 30.2 | 50.63 | 10.72 | -24.31 | 85.81 | 20.32 | 38.67 |
| 19Q4 (4) | 1.57 | -9.77 | 0.0 | 1.54 | -10.47 | 0.0 | 58.08 | 11.03 | 0.0 | 58.96 | 11.18 | 0.0 | 45.73 | -10.58 | 0.0 | 71.32 | 31.61 | 0.0 |
| 19Q3 (3) | 1.74 | 10.13 | 0.0 | 1.72 | 8.86 | 0.0 | 52.31 | -9.37 | 0.0 | 53.03 | -7.89 | 0.0 | 51.14 | -14.42 | 0.0 | 54.19 | -2.43 | 0.0 |
| 19Q2 (2) | 1.58 | 21.54 | 0.0 | 1.58 | 2.6 | 0.0 | 57.72 | -17.34 | 0.0 | 57.57 | -2.32 | 0.0 | 59.76 | -10.66 | 0.0 | 55.54 | -10.25 | 0.0 |
| 19Q1 (1) | 1.30 | 0.0 | 0.0 | 1.54 | 0.0 | 0.0 | 69.83 | 0.0 | 0.0 | 58.94 | 0.0 | 0.0 | 66.89 | 0.0 | 0.0 | 61.88 | 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) | 5.01 | -14.51 | 4.52 | -9.78 | 72.79 | 16.8 | 80.74 | 10.88 | 67.98 | -0.93 | 85.55 | 28.61 |
| 2022 (9) | 5.86 | -18.16 | 5.01 | -15.37 | 62.32 | 22.2 | 72.82 | 18.12 | 68.62 | 29.11 | 66.52 | 11.8 |
| 2021 (8) | 7.16 | 0.85 | 5.92 | -1.82 | 51.00 | -0.74 | 61.65 | 1.92 | 53.15 | 32.68 | 59.50 | -17.14 |
| 2020 (7) | 7.10 | 21.58 | 6.03 | -11.58 | 51.38 | -17.86 | 60.49 | 13.0 | 40.06 | -18.69 | 71.81 | 7.48 |
| 2019 (6) | 5.84 | 32.43 | 6.82 | 1.79 | 62.55 | -24.49 | 53.53 | -1.78 | 49.27 | -17.44 | 66.81 | -13.97 |
| 2018 (5) | 4.41 | 13.37 | 6.70 | -3.04 | 82.84 | -11.66 | 54.50 | 3.12 | 59.68 | 7.94 | 77.66 | -14.97 |
| 2017 (4) | 3.89 | 5.42 | 6.91 | 5.34 | 93.77 | -5.22 | 52.85 | -5.0 | 55.29 | 12.22 | 91.33 | -13.26 |
| 2016 (3) | 3.69 | -8.44 | 6.56 | 3.96 | 98.93 | 9.13 | 55.63 | -3.8 | 49.27 | 15.01 | 105.29 | -0.33 |
| 2015 (2) | 4.03 | -8.2 | 6.31 | -8.68 | 90.65 | 8.95 | 57.83 | 9.46 | 42.84 | 4.03 | 105.64 | 11.38 |
| 2014 (1) | 4.39 | 0.23 | 6.91 | 25.41 | 83.20 | -0.07 | 52.83 | -20.24 | 41.18 | -16.77 | 94.85 | -5.17 |
